Showing posts with label on the news. Show all posts
Showing posts with label on the news. Show all posts

Tuesday, September 14, 2010

We throw away rubbish, not life.

A newborn baby was found in the trash bin of an airplane's lavatory.

Baby found in plane's trash bag (Inquirer)
Unwanted baby won't be wanting of a loving mother (Inquirer)

He was named George Francis, and by grace of God, he is now living.
But without a mother.

I want to condemn the mother who threw away her son.
What would be her reasons?
But the sad reality that the world is now placing a very low value on human life transcends the incident. It is an affirmation of what we have become.
Abortion. Death penalty. Murder.

God created the world, and breathed His air for us.
His air. Not ours.




GMT +8 Manila, Philippines

Monday, December 29, 2008

Becoming Power

"Power does not corrupt men; fools, however,
if they get into a position of power, corrupt power. "
George Bernard Shaw

One of the greatest legacy of modern civilization is government. May it be authoritarian or democratic, it places society into order. It is definitely preferred over anarchy. As Thomas Hobbes put it, we as rational animals tend to submit in an entity that embodies sovereignty for the purpose of order. And as pluralistic as we are, we cannot deny the fact that there should only be one who would have a final say on things, or else we go on forever squabbling. That is the ingenuity of it all: giving part of our freedom to the government so that we can live freely in peace and order.

And it is power.

Fools in our government misses this point. Yes, we have given them the power yet order, let alone peace, has not been in the same ascent. I reckon it is inverse proportional: as the politician's power increases, people's freedom decreases. The recent incident involving a cabinet member and his mayor son is an addition to the "power play" that has been plaguing my country. I used to believe that power corrupts. This is the reason I will never throw a hat on the political ring. But then, power is an abstract concept that will take form (either good or evil) depending on who embraces it. Why do you think there are lots of politicians vying for power? Personally, I believe there is a self-serving reason to start with. Usually you don't find those who have the passion and the real concern for the people and the country in the government. They are there on the grassroots – people in NGOs, non-profit foundations and community groups. They are not there on the same pedestal as these self-proclaimed gods or under the same spotlight as these buffoons. Most of them have personal problems of their own; barely making both ends meet. Yet they are there. They are there because they believe that they have the power to make a difference.

I initially intend to write this entry as a latest addition to the lashing out by the blogosphere to the appalling incident. I intend to name names and call them names. Afterall, in this digital age where SMS/text can bring down a president, a blogger has the power to stimulate minds; the blogosphere the power to spark a revolution. But then I realised anger is an impulsive response to a negative stimulus. The first time I read the news in the Inquirer I got infuriated. Even with a report deadline I suddenly stopped working and went on clicking every links there are. Any news on any folly by a politician is as sensitive as poking my head with a stick, nay, hit by it to contusion. But as I said I have the power and, also, the intension of not corrupting it by hate or anger. I will just be as fool as they are if I did. Not that I denounce those blogs that tend to lean to the idea that a curse can kill, but I personally believe that this will just be a replication of corruption; this time to the power of a blogger. Lots of bloggers, nonetheless, have re-posted the blog entry of one of the aggrieved (i.e. with lesser power than the gods) and it spread like wildfire. Everyone knows the incident and takes time to check on updates over the news. Hey it even reached me here in Africa. The power of information reaffirms itself. The power to get justice not only for the de la Paz' but for every Juan de la Cruz now comes through a high-speed highway. The power is ours to change the country, then the world.

As long as we stay not fools.

GMT 0 Accra, Ghana

Tuesday, October 21, 2008

Traversing SLEX

Philippine Daily Inquirer's Editorial Cartoon (10/21/2008) - http://www.inquirer.net/SLEX. South Luzon EXpressway. This major Philippine thoroughfare, which connects CALABARZON to Imperial Manila, has been and always be part of my life. Why not? As a kid growing in a province, I look forward going to the 'big city' whenever my family goes for Christmas shopping or to experience the things only the city can offer. After high school, I can't wait to take that first bus heading to my dream of higher learning. You see, most Filipinos have this notion that studying in one of the colleges/universities in Manila gives one a certain prestige back home. Not to mention being enrolled in those well-known institutions with their pride colors, animal mascots and basketball teams. And going to the city means traversing SLEX. So the recent editorial cartoon in the Inquirer didn't have a hard time getting my attention. I'm aware of the ongoing SLEX upgrading and rehabilitation project since May 2006, and I well remember the stressful bus rides due to these stone control devices/barricades that re-route traffic in a haphazard fashion. The usual one-and-a-half-hour San Pablo-Manila trip becomes a two- to three-hour butt torture. I bet the 1956 Ten Commandments or The Sound of Music or Titanic can be played on-board JAC Liner from the start and be able to finish it. But the cartoon depicts it a bit creepy: Death welcoming motorists to an unwelcoming SLEX; at least the coniferous trees are still there amidst the morbidness. This might be due to the hazardous nature of the recent construction works and the increasing probability of a vehicular accident. The editorial cartoon might want to tell those people involved that they are not doing a satisfactory job specially in traffic flow management and safety. Well, I already told myself that sooner or later the ongoing project will be messy since SLEX is always expecting a huge volume of motorists (CALABARZON, afterall, is on the rise). An irritated and exhausted driver sometimes looses sound road decision-making. Anyway, they say the project is set to finish by March 2009 and, like in the NLEX (it's northern counterpart rehabilitated by 2005), the temporary nuisance is a trade off to a much modernized highway. Just expect higher toll fees though. Haha! From one nuisance to another. Welcome to the Philippines!

Mt. Makiling at Exit 50 - Calamba Interchange (from Wikipedia)The ominous caricature is far from the nostalgic picture in my mind. I still want to imagine SLEX with its tree-lined highway, the Mt. Makiling from the distant southern end and the rice field on either side that boasts of its lushness and of the fresh air waiting to be inhaled. This picture will stay even with the rice fields being bulldozed to make way for future subdivisions. It will stay. At least a fantasy of one who used to be a probinsyano (a Pinoy word concoction of "someone from the province") kid who takes joy traversing the SLEX en route the big city. At least a comforting bus ride of one who used to be a student then a professional working in the city en route a place for the weekend respite. And as I outgrow that childhood fantasy, traversing SLEX seems to reduce to traversing a one-way path – a direction that shall only lead me beyond the greens and blues of Mt. Makiling – back home. Yes, I had a change of heart. If after graduating high school I planned of getting the best education, build a successful career and then settling in Manila, today it remains the same but not the place to settle. If my adolescent impulse is to leave that place I consider lame and boring, now I like to go back and redefine those words: simple and quiet. I guess the smog and congestion succeeded in diminishing the value of being a Manileño on a personal level. Besides there are lots of Pinoys who are still city bound. I might as well be one less of that count. I don't hate Manila, don't get me wrong. I still love going to the malls and other places of interest (haven't been in Intramuros actually). But if I were to fulfill one of the things in my bucket list – that is, having a house overlooking Mother Nature at one of her glories (see the full list on the side frame) – I love it to be back in my hometown. I don't mind being far from the political, economic and cultural capital; I'll build my own version in San Pablo. The plans, however, may still change. Anything can happen in the next years specially now that working means traveling. I might end up somewhere else but I bet it would be due mainly to the future Mrs. Brosas. But for now, I would love to turn right to that exit at the far south end where the coconuts grow.

The kid had grown, the probinsyano is now homeward bound and an all-new SLEX will be there paving the way.

GMT -3 DST Sao Paulo, Brazil

Wednesday, October 8, 2008

The Day the World Becomes Bankrupt

Ergo the end of modern civilization, if not end of the world.

Though debatable, I think global bankruptcy is a far-fetched scenario – if it really does happen civilization will just go on a re-boot; the world starting on a clean slate. Money, afterall, is just human invention. It's just like Filipino children of the 90's (yes, emphasis is needed here) playing habulan from dusk until full moon's high unanimously declaring a game over if they feel that no one's enjoying anymore. It would just take a unanimous vote of the UN General Assembly or, maybe, just the mere handshakes of the Group of Eight to declare a Jubilee Year like in Moses' Laws; all debts wiped out on the face of the earth! The only difference is Moses' Jubilee Year was mandated due to heavenly command whereas the latter is an escape from man's fall due to greed.

Yes, greed. It is the inevitable consequence of this human creation, money. Gone were the days where people works together, tills together and reaps together then festivities together afterwards; where all the harvests are communal and no one owes anyone. A scenario which, I think, existed when early homo sapiens walk the earth as nomads. As soon as people started to get settled, businesses commenced operations and the evolution of human avarice is history. It's paradoxically funny to think that the rise and advancement of human species aimed at life's simplicity come with such complexity.

And the recent global economic crisis serves as a reminder of how fragile and volatile this societal pillar we call financial institutions. For a common Juan de la Cruz such as myself, all the details of the recent events seem like Greek. All I know is just 'big-time' companies are either closing down or being bought or bailed-out with such names as Bear Stearns, IndyMac, Lehman Brothers, Merrill Lynch and AIG flashing over the headlines. A person immersed in technical engineering terms suddenly becomes interested in terminologies such as mortgage, credit crunch, subprime, recession, inflation and economic bubble – at least I find a somewhat kiddy comfort on the bubble thing. What interests me most is the idea of derivatives (ok, lower the geek-meter for this is not calculus). Apparently, financial world is as much complicated as our politics back home. Imagine investing on something that is said to have a value highly dependent on another which has obtained its value from a third entity which may have been invested on a fourth. Think of the multi-level marketing (MLM) scheme still prevalent in the Philippines. The top layer rakes in most of the profit, the ones in the middle get parts of the chunk and the lower layer, well, stays there. I'm not into these things so any 'financial gurus' feel free to correct me. But the basic idea is the volatility of it all. Imagine one card falls off the rest of the deck. And I think that what has happened on Wall Street a month ago. I read somewhere that it has its roots many years back though. Nevertheless, it may well boils down to the basic truth, that these companies, wanting to earn more, took risk investing on greed.

Picture this:

  • banks started to provide credit to borrowers deemed subprime (layman's definition: imagine your usual drunkard neighbor borrowing Php500 promising he'll pay back once his sick mother's pension comes or a friend's friend convicted of estafa years ago) but on a higher interest rate
  • people started to borrow and to buy expensive houses (here, I think, they felt rich)
  • then there was a boom in real estate; the demand for houses started to expand (hence the term housing bubble)
  • here comes the colossal financial institutions and invested on these loans and mortgages (here is a parody of derivatives):

Pedro: Hey Juan, Mario borrowed some marbles from me.

Juan: But he owes most of the kids here, do you think he'll pay it back?

Pedro: Don't worry he will. He just needed extra marbles for the game on the next block. Besides, I told him that I'll lend him if he agrees to pay me five-folds.

Juan : Whoa! That's a lot of marbles added to your collection.

Pedro : Yeah. So, do you want to have a share on that? All you need to do is pool some of your marbles to me so we can lend Tomas with the same terms. We'll split the additional marbles 50/50.

Juan : I'm in!

Then Juan did the same with Berto but the split is 60/40 from the 50% of the first agreement. Berto, who's also fond of trading cards, offered a similar scheme with Orli, a marble enthusiast: trade some of Orli's card collection for 40% of the marbles Berto can get from the previous agreement. Well, Orli wants to have more marbles so I guess he will look for a kid in the neighborhood to get a similar agreement as with the others. And you'll picture the rest of the story; no offense intended to children.

  • then like any bubble, it soon burst; people are now stuck, unable to pay for what they owe
  • the companies who invested on these soon accumulated liabilities (i.e. unpaid loans) surpassing what they have in assets; negative in the accounting books means corporate disaster

There you go. The gist of what had led to the current crisis in my personal understanding. They call it the US subprime mortgage crisis. Well, there are other factors that involves the government and other sectors of the society albeit too Greek, nay, alien to people like me. What stands out is that these Wallstreet biggies enjoyed quasi-autonomous run of the financial world; a seemingly exclusive club for those in black suits and top hats. Capitalists, afterall, are born to profit at any cost and this costs us big time! The world economy is now on a slowdown (Iceland is on the brink of bankruptcy!). I don't want this blog to be a sort of attack to this financial institutions. Afterall, they are just doing their job no matter how greedy they appear to me and now they are suffering the consequences of their short-sightedness. And so are we, thank you very much!

I bet the financial world will never be the same again with all the impending reforms and legislation to avoid the same fate as today. Wallstreet, in particular, will loose all its perks as a deregulated entity. Economies will not be seen as a Monopoly gameboard for a while. This period will be remembered and shall be written down on textbooks as lessons to be learned in Economic schools added to that of the Great Depression of the 30's and the Asian Financial Crisis of 1997.

I will never be the same again.

So this leads me to the microcosm of this global incident: my own avarice.

I admit I'm a materialistic person. I get this impulsive drive to buy things that I fancy. If I have the money, I'll buy it. If not, then what do my 3 credit cards doing in my wallet. Don't ask the credit limits! They say don't trust a woman with your credit card. I say, don't trust myself with my credit card. It's not all about women and their inherent love for shopping (ok, feminists feel free to attack me). It's not all about having multiple credit cards in the pocket regardless of gender. Borrowing money is not an evil thing (unless one intends to run away with it). More so, money is not evil. What's wrong is my immoderate desire, nay, lust for material things. And worst, I tend to borrow money through credit cards just to satisfy this. I remember having to owe the card company which I begun to find hard to pay. Sometimes I thought that I was just paying for the finance charge. You see, that was my problem before. I thought having credit card gives one much needed purchasing power. No worries, I can pay it anyway on the end of the month. But I fail to realize that it was a psychological warfare; having to give a self-perception that I am rich, it is also self-destructive.

So you see, I don't need to criticize and attack those companies for their greedy actions. Let authortities and experts deal with that. It's their world. I have my own world (no, I'm not autistic). Let them have their reforms, and I will have my own. Ironically, now that I'm earning more than before I become frugal with my finances; planning towards investments rather than liable expenses. No more to purchases where payment is drawn on credit. No more to purchases that exceed my income. I'll keep the credit cards though. It's still good to maintain a credit line. But I'll just use it for cashless purchases (no, this is different from credit purchases; instead of withdrawing cash, I'll pay through card and just pay in full online the same day). At least I'll earn more redeemable points (maybe donate these points to Children's Hour). At least it will be robber-proof!

I'll be buying a Nikon D90 and iPhone 3G when I come home this year. It will be my last liable swanky purchases (maybe for the next 2 years) then the rest of my savings will go to investments. But I'll be paying these with my credit cards. Only this time I'm sure I can afford them.

This time I know, personally and financially, I am far from being bankrupt.

GMT -3 Sao Paulo, Brazil

Tuesday, September 16, 2008