Kaban ng Bayan, Bantayan!

Filed Under (Coffee Break) by Cool VER on 24-09-2008

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This is a privilige speech of Sen. Ping Lacson delivered on September 15, 2008 at the Senate.

Distinguished colleagues, / members of the Senate of the 14th Congress /of this once proud and great Republic, // ladies and gentlemen: /

I stand on a matter of personal and collective privilege.//

In a press conference called by the Senate President inside his office last Tuesday, / he virtually declared war against some of his colleagues, / this representation included. /

Mr. Senate President, / if you are telling us to bring it on, / just like a confident poker player with winning cards would say - / and I now say to you – /// All in. /

There is an Indian proverb that goes like this://

Tell me a fact / and I will learn. //
Tell me the truth / and I / will believe.//
Tell me a story // and it will live forever in my heart.//

Ladies and gentlemen of this august chamber,/

These are the facts://

On page 563 of the 2008 General Appropriations Act,/ — under the DPWH budget Item B Point 1 Point A Point G, // P200 million was appropriated for the construction of the President Carlos P. Garcia Avenue Extension / from South Luzon Expressway to Sucat Road in Parañaque City including ROW.//

On page 646 of the same budget book, / under the same heading for DPWH budget / Item B Point H, Point 7, // another P200 million was appropriated for the extension of C-5 Road including ROW. // C5 Road is what we formerly call President Carlos Garcia Avenue. / The project covers the same stretch – / also from the South Luzon Expressway to Sucat Road in Parañaque City.//

Distinguished colleagues, / please allow me to very simply describe these two appropriations - // one is to extend Carlos P Garcia Avenue from SLEX to Sucat Road in Paranaque City including Right-of-Way; // the other is to extend C-5 Road from SLEX to Sucat Road in Paranaque City including Right-of-Way. /

Masterful? // Maybe. // Neat? /// Well,/ almost./

Carlos P. Garcia Ave. and C-5 Road are one and the same. /// and so is everything else that precedes and follows.

You need not be an expert on the national budget to find malice in this situation – // only a keen eye and a strong motivation to pull this country out of the deep pits of corruption.// Read the rest of this entry »

PhP 40M for Tanauan Public Market Rehabilitation! Favor or Not Favor?

Filed Under (Economy) by Cool VER on 13-11-2007

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tanauan-leyte-gov.jpg

ARE YOU IN FAVOR FOR THE LOCAL GOVERNMENT UNIT (LGU) OF TANAUAN TO RESORT TO BORROWINGS FROM THE BANKS IN THE AMOUNT OF P40M FOR THE TOTAL REHABILITATION OF THE PUBLIC MARKET?

FACTS:

The Tanauan Public Market is patronized not only by Tanauananons but by those from neighboring towns like Tolosa, Tabon, Dagami, Palo, Burauen and even Tacloban. Buildings at the public market are dilapidated and need immediate repair or replacement. The amount needed is estimated at P40M to replace the old buildings with new structures and elevation of the area. The income of the LGU is not enough to finance the whole cost at one time.

If ever, it will take not less than 5 years to finish it using the funds of the LGU. This would mean 5 years or more of dislocation and disturbance to our market vendors and market goers. The cost may also increase as the materials is increasing every year. Actually, this is what had happened to our Municipal Hall construction.

On the other hand, per the feasibility study made, the present financial condition of the LGU would allow us to borrow from banks up to P70M but only the amount of P40M will be sourced as it will be enough already and the LGU can well afford to pay it in 7 years time. Basic services will not be affected even if the LGU will resort to borrowings. Local income is sufficient to pay the amortization. Construction period will last for 6 months only.

The LGU does not have any loan obtained ever since and does not have any liability to anybody. Should the LGU decide to resort to borrowings, it will make sure that a public hearing will first be conducted and the Sangguniang Bayan give its Legislative authority.

SOURCE: http://tanauan-leyte.gov.ph/news/Z018_facts_market.html

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Top 20 Billionaires in the World for the Year 2007

Filed Under (Coffee Break) by Cool VER on 21-09-2007

bh69.jpg#1 William “Bill” Gates III

Age: 51
Fortune: self made
Source: Microsoft
Net Worth: $56.0 bilion
Country Of Citizenship: United States
Residence: Medina, Washington , United States, North America
Industry: Software
Marital Status: married, 3 children
Education: Harvard University, Drop Out

After numerous delays, Microsoft visionary released latest operating system, Vista, in January. Last June announced his retirement from company he co-founded 31 years ago. The Harvard dropout who promised “a computer on every desk and in every home” now focusing time and talents on tackling diseases Read the rest of this entry »

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