Gloria protecting allies in Maguinadanao ?
November 26, 2009
(re: www.araymanila.com… aray literally translated means ouch, as in painful. pain is what almost all people expect those close to the president of the Philippines feel, and have been feeling for years now. God help us.)
A few days ago. a convoy of women, media practitioners and supporters of the Mangudadatus, a family that had recently gone to war with the Ampatuan clan in a turf war over the control of Maguidanao. This is the usual way to gain control of provinces in Mindanao. After certain period of time, situations begin to boil over and one or two members of the warring clans gets killed. Gloria had been buying the loyalty of the Ampatuans since she became President by the usual Palace practice of inviting Governors, Congressmen, Mayors, etc. to a lunch or dinner at the Palace and they all leave with shopping bags full of thousand peso bills and the goodwill of the leader, who hopes that she paid them enough for their loyalty. This is the type of politics that was re-introduced by Arroyo and based on a Marcos campaign style. Thing is, sometimes, she buys off two warring factions and does not think of throwing in a requirement that they put their guns down if they want their money. That was none of her business. What the fate of other Filipinos in these rated “dangerous” provinces, in the Northen provinces and more so in Mindanao. All she cared about was that they remain loyal to her alone. She would have nothing to do with boiling points, as in Maguindanao. All that matters, after all, is that these warlords keep their people in line and that come elections,
they see to it that by hook or by crook, their goons would herd innocent people into voting booths, and ensure that they writre her name on the ballot. It was reminiscent of that day in Sept, whe two passenger planes crashed into the twin towers and the face and demeanor of Ex-President George George W. Bush was to remain frozen for way too long.
Time to make decisions, to give orders, to secure the Unites States of America, and this country cowboy froze. Probably a result of spending his training days at the Guard having a good time with his pals at the ranch and too much of the white powder and all that. But for Gloria, it was different. The people responsible for murdering raping, beheading and chopping off body parts from a total (as of today, as it rises daily) of 57 women, teenagers, old people and about 12 media practitioners are still free, as no instructions were issued for them to be arrested. The mastermind was probably somewhere enjoying what for him was a political victory. For policemen, police chiefs, inelligence agents from the military not to have anticipated a war party of 100 ruthless blood seeking hired killers to have escaped the attention of the police and the military is ridiculous. Their level of protection came from way up there, and these things will matter. Wait and see. If she acts the way she has been for the past few months, like issuing pardons to her friends who have committed crimes that merited their getting the released from death row / some multiple life sentences. It was a scadal that rocked Manila. It was also another tragedy that under her presidency, more journalists had been killed than at any other period except for WW II. Likewise, the other days massacre of 57 that included 12 journalists was a massacre that again broke the record for the number of journalists killed in one day during peace time. It is horrible, the way Arroyo has chosen to leave this matter to her assistants and keep relatively tight-lipped about the matter. Except for her declaring today a day of mourning, which is the strongest statement she has made about the entire matter, it seems. Her “orders” for a “quick” investigation, etc. are ridiculous, considering everyone knows who did it. Statements like these only serve to make to entire matter more laughable. This is not a question of perhaps. The way she has been handling the massacre has shown us so clearly that we are not going to get much help from our own President, despite the fact that 57 Filipinos have been tortured, beheaded, shot down like dogs by 100 of her allies’ men. He is worth too much for her in the next elections for her to pursue him and have the legal books thrown at them. I cry for the families of the 57 murdered people. My heart bleeds for my country, which is an example of what a powerful President can and cannot do. It’s pathetic. Let me bet you that Malacanang will put blame on the Moro Islamic Liberation Front.
It won’t be hard to imagine that some MILF joined in the massacre. But that is what mercenaries do, isn’t it? It’s
a simple matter of fighting for the highest bidder. And in this case, the Ampatuan clan possibly, very easily hired a few if not some MILF fighters for a thousand bucks a day, if not two, for a one day project.
See SkyBroadband Sloppy Final Installation of Modem.
November 18, 2009
Skybroadband installed this modem the other day. Isn’t it great how they managed to make my room look like a shanty in just one hour? Take note, this is NOT a temporary connection. This is exactly how they left my room and the broadband’s modem. Smack down in the middle of the floor. After a full day of waiting and getting passed around from one customer support to tech support to billing to who knows who, they said they would try to send someone to fix this miss. I cannot move the modem as they left the cable with only enough length to be installed, like true pros, in the middle of the floor. So I am on a waiting list for them to tidy up their job. This is totally sloppy quality. Unacceptable unless, of course, except to them alone. However, in case you are used to to the Lopez standards of quality in everything they do. So, from falling entire windows at Rockwell million peso units to a botched simple job of another meter of cable, they leave their brand of quality work everywhere they go.
Shame on those who didn’t expect that riot at the ULTRA where Willie Revillame, the million bucks a day guy asked people to come and get money, what else? And woe to all of us, who expected justice be brought upon those responsible for that incident.
At any rate, here is a reminder for all future customers. Be sure you are home when they say their work is done. By the way, they also cut off my Destiny cable wiring to make room for their inability to find a way to wire up their broadband. So more additional expenses for me all because their installers were too lazy to do a proper job of finding their way to my unit from the electrical room. Jerks. Idiots. Don’t the owners think of what the people will say after work like this is left in their clients houses? I asked the guy to fix this before leaving and they said they were getting some stuff and coming back. Well, phoey on me for believing their bull.
Bravo Sky!!!!
Time cannot be returned or borrowed. Alisin na yun kalokohan na palusot na “Pilipino Time kuno. Palusot lang yan sa kaswapangan, diba?
November 16, 2009
If someone takes up an hour or two by making you wait while they are late for a meeting/appointment, can they give you back their 60 or 120 minutes? People who are late are stealing your time, and unlike money, time cannot be paid back. Huwag ninyo na sila kausapin hanaggat matuto silang gumalang sa inyong oras. So much for the introduction. When the DOTC allows television stations to make us suffer through hours and hours as they illegally allow selfish TV stations to steal our time by extending a boxing bout to start in the morning and end at past five PM, what happens to the chores and or other appointments these Filipinos had to attend? Hindi nila kaya isaulo ang oras mo, kahit anong gawin nila. At lahat ito para sang katutak ang kikitain nila. Pera lang parati and palit sa mga karapatan ng Pilipino. Mula politico hanggang drug company hanggan telco,basta magulangan ang Pinoy masaya na sila. Basta kumita sila kahit na ninakaw ang oras ng Pilipino, ayos lang yan. Pera lang ang katapat naman parati. Ginagalang ba ng mga politiko and karapatan ng Pilipino? Mula Presidente hanngat pati baranggay ngayon ay kahihiya natin sa buong mundo. Pero wala naman tayong ginagawa para palitan o palayasan kita. Mas marami na ang magnanakaw ngayon kaysa panahon ni Marcos. Sige higit doble ka rami na sila. Bakit? Dahil walang umaangal, at ang Ombudsman ay hindi kumakampi sa Pilipino. Kung hindi marunong magpatakbo and DOTC ng responsibilidad nila, eh di umalis na sila at pinapatay lang nila ang mga kababayan natin. Maraming batas ay hindi nila pinasin dahil sa pera. Mahiya sana sila. Umalis na sana sila at sila ay”vexations to the spirit”. Kung wala sila umalis at hindi naman nila kaya gawin ang trabaho nila, eh ano pa ang silbi nia na buhay? Sana isipin nila yun. Hindi lahat ng kaligayahan sa mundo ay galing sa pera. Kung nila makuha iyan, mabuti pa magpakamatay siya. Alam naman nila kung sino sila. Tamaan sana kayo ng kidlat. Yan lang.
Access to ella’s blog here…
October 29, 2009
Please check out this blogsite. It is the second put up as the first one was censored. The story on the site will tell you.
All in all, a great scoop on how the government is treating the flood victims citizens.
http://gangbadoy.multiply.com/photos/hi-res/1M/1201
Please forward this link to fellow Filipinos so they can see how their leader is leading her cabinet during crisis.
Oh Lordy, Comelec’s Melo is a Melon!
October 28, 2009
The term MELON is used to describe cars or equipment that were bought but do not work as the buyers thought they would. Instead of running in brand new condition, the MELON seems not to function as it is supposed to. Everything appears to break down more often than not, and repeated runs to the shop cannot seem to correct it’s problematic performance. There are some policies in the industry regarding real melons, the proper one being the supplier giving you a replacement brand new unit after admitting that they gave you a real Melon.
The relevance of my writing about melons is our very own Super Melon Comelec’s MELO. Instead of his trying to understand and resolve the problems of people who want to register, especially for the first time, the Comelec, instead of helping the public, blames the people for waiting till today to register, for example. And although it is apparent that many may be deprived of their RIGHT to vote, this Comelec instead of finding a way to adjust the number of days for people to register, Melo gruffly and arrogantly berates the voters, old and new for being not able to register on time. While all the while we thought we bought a new billion peso computerized voting system, (a doubtful purchase, for sure), this Commissioner seems to think that as election czar, instead of SERVING the public, it is getting clear that Melo da Melon is instead trying, and obviously so, to not care whether Filipinos are DEPRIVED of their RIGHT to vote by using stupid reasons to blame them for the inability to register. People WANT to register. MELO da MELON, it seems, is trying to find ways to prevent Filipino voters from being given all the possible means to register. Why not extend registration a few more days? His answer, The people waited to register, so it’s their fault. No, sir, Melon. There were just too many trying to register. What’s up, Melon? Someone up there telling you to do a Garci but unlike Garci, he is sabotaging the elections this early by not making it possible for all qualified Filipinos to register so they can vote. Melo, you will be labeled to be a Gloria-boy, another Garci, if you continue to NOT do what you can to allow the Filipino citizen register so that they can vote in the coming elections. The Comelec workers I saw on TV news tonight had their daughters and nieces helping out to move the work of Comelec employees. Why don’t you ask the DepEd to send you more teachers, add more chairs, send more forms to help get more Filipinos registered. This is a serious election Melo, and if I were you, I would think of how your fellow Filipino was not allowed to vote because YOU did NOT do what you could to facilitate registration. Instead of gruffly barking to the news correspondents that you are not moving the registration last day which you should try to do even if means moving heaven and earth. If you can’t, then ask the Supreme Court to allow you to extend registration days but sir, please don’t cheat the Filipino out of his right to vote. You will go down in history as THAT Melon. The one and only who decided the fate of the elections months previous to that election day. You know what your job is. Do it or suffer the wrath of Filipinos for generations to follow. Believe me, Melon, we are really waiting for the chance to have a LEGAL President after so many years living under a pretender.
Theres The Rub by Conrado de Quiros “Plain honest truth for the Filipino to absorb”
October 17, 2009
Oct 2009
Theres The Rub
by Conrado de Quiros
from Philippine Daily Inquirer
Ronaldo Puno had some pretty hilarious things to say last week:
“A word on the euphoria … those things are not enough to win an election…. If you’re going to tell me if the same kind of mood of exuberance and opposition is going to be present eight months from now, I can tell you that from my entire experience, nothing has lasted that long.”
That is not the hilarious part. It is this: “The ‘Noynoy phenomenon’ holds the key to the success of the administration party because we have to deal with it and we have to deal with the root causes that any people feel about this government…. The first thing we need to try to do is to understand where this is all coming from, what is fueling this apparent discontent that has taken over the minds of, according to their surveys, 50 percent of our population.”
What are the root causes of the way this country feels about this government? Do you need research to find the answer to that? Do you have to consult the universities, the polling agencies, or the Delphi Oracle to divine the answer to that? Do you have to wrack your brains to dredge up the answer to that?
The root causes of the way this country feels about government are Gloria Macapagal-Arroyo and people like Ronaldo Puno.
Puno, of course, is right: euphoria alone won’t win the presidency for anyone. But the “Noynoy phenomenon” is not just about euphoria. It is also about tyrannyphobia. Or a newfound unwillingness to tolerate tyranny that burst its banks with the death of Corazon Aquino. The outpouring of love for Corazon Aquino is matched only by the outpouring of hate for Gloria Macapagal-Arroyo.
Why has Noynoy become phenomenal? Simple: Because he is the opposite of Gloria. Or is seen as so. In the same way that Cory was the opposite of Marcos and Obama was the opposite of Bush.
I’ve always proposed that the one person Barack Obama needs most to thank for making him possible was George W. Bush. It was Bush who made Americans so desperate for change, even radical change—or especially radical change—they were willing to do what they had never done before, which was to bring either a woman or a black man to the White House. John McCain never figured in the equation. The real choice was between Obama and Hilary Clinton.
No Bush, no Obama. No Arroyo, no Noynoy.
I recall a riddle that was posed to me when I was a kid: “What makes light bright?” I answered variously, electricity, the bulb, the filament. Not at all, said the riddler. What makes light bright is—dark. I have not forgotten that Zen-like answer.
Its power is right there before our eyes. Euphoria alone won’t get anyone to the presidency. But euphoria and tyrannophobia will. The story line of light and dark, right and wrong, good and evil will. The one element pushing the other into stark relief, the dark making the light brighter, the wrong making the right stronger, the evil making the good an absolute necessity. And vice versa: The light making the dark blacker, the right making the wrong more reprehensible, the good making the evil an absolute necessity to stamp out. The one fuels the other, producing a spiraling vortex.
It doesn’t help Puno’s cause that he is there to remind people epically about what Noynoy is the opposite of. Like McCain, who was seen by the Americans as just an extension of Bush, Puno (forget Gibo—how can you take seriously anyone who gets zero in surveys?) is seen by Filipinos as an extension of Gloria. More here than there, Arroyo not having been counted out by Filipinos in the unfolding drama. It helps even less when Puno makes observations about what wins elections based on his experience. Because based on our experience with him, euphoria truly doesn’t win elections. Cheating does.
I most ardently wish Puno will appear more in public saying those things: He won’t just keep Noynoy’s ratings at the astronomical levels they are, he will push them further up.
That is the key to the “Noynoy phenomenon.” The people who say it’s too early to tell, the ratings may still fall forget one vital thing. Which is that these are no ordinary elections, a point I’ve been making again and again. One way to view this is that there have been elections in this country where the vote has been profoundly “ideological.” Another, and probably better, way to see this is that there have been elections in this country where what’s at stake was so profoundly life-and-death they went past the framework of elections.
Two of them easily come to mind. The first were the November elections of 1971. The event that preceded that was the Plaza Miranda bombing which was widely attributed to Marcos. When the smoke cleared after the senatorial elections, only one Nacionalista was left standing. The people almost universally voted Liberal, making the worst victim of the bombing, Jovito Salonga, a humongous No. 1 though he wasn’t around to campaign.
The second was the snap elections of February 1986. The results of those elections may be debated endlessly, but that those elections were more than elections—they were not defined by platforms, pa pogi appeals, electoral promises and the other paraphernalia of ordinary elections—may not.
Those were not elections, those were a fight between light and dark (brilliantly captured by Joe Con’s “Better to light a candle than curse the darkness”), truth and lies (as embodied today by Jun Lozada), right and wrong (they were a matter of fundamental justice).
So are today’s elections. The only thing that lies in Noynoy’s path to the presidency right now is the same thing that lay in the path of his mother to the presidency in the snap elections.
Ask Puno what it is. He was there, too.

How to buy votes with food... (photo by Ben Razon)
Gloria – FAMAS awardee?
September 7, 2009
Pretending that I look reverent. Naniniwala kaya sila?
There’s The Rub
Prayer
http://opinion.inquirer.net/inquireropinion/columns/view/20090907-223957/Prayer
By Conrado de Quiros
Philippine Daily Inquirer
09/07/2009
A couple or so weeks ago, I got an absolutely hilarious e-mail from abroad. It was two pictures put side by side. One was the picture of a dog—a beagle, I think, the kind with flaps for ears—eyes closed tightly, paws pressed together and perched on the side of a bed, looking upward and wearing an expression of intense devotion. The other was the picture of Gloria Macapagal-Arroyo—a president she thinks, in nearly the exact same pose—kneeling on a pew, eyes closed, hands pressed tightly together, looking heavenward with an expression of intense piety. The pictures carried the caption, “Sino ang mas sincere?”
That was the first thing I thought of when I read Palace mouthpiece Anthony Golez’s comments on Noynoy Aquino’s decision to go on retreat. Well, maybe not the first, just the second. The first thing I thought of was, boy, they must be rattled by Noynoy’s unexpected, gift-of-grace, hulog-ng-langit, entry into the fray. I fervently hoped they would continue to bash him, and more and more stridently. Noynoy can’t do better than to have Malacañang harp on his being “walang alam” or variations thereof. All the early—and costly—campaigning by the other “presidentiables” won’t come close to being an effective endorsement. And this one’s free.

Do I look holier than her? After all, good TUTA naman ako.
Specifically, Golez said (I’ll leave his phrasing as is): “We respect whatever gimmickry, whatever ways on how he [Noynoy] can arrive at his decision. If that is part of his spiritual strategy, then I call it a strategy. Our leaders will always have forward planning … It’s how they plan.”
Which brings me back to why I thought of the pictures above. Because no one has made it more a point to have a photographer around when she gathers herself into a prayerful pose than Golez’s boss. That was the pose Arroyo struck with Corazon Aquino and Jaime Cardinal Sin when the other two were fighting Erap, kneeling on a pew between them, looking upward in supplication. That was the pose she struck after Ignacio Bunye sprung the “Hello Garci” tape on the public. And that was the pose she struck after Romulo Neri insisted that she had executive privilege not to divulge being the mastermind of NBN.
At least in Cory’s and Sin’s case, you know their faces were tilted in the right direction. Hell, at least in a beagle’s case, you know it is talking dog-talk with the Great Master in the Sky.
You get used to people using prayer as a gimmick, you’ll think everyone does it.
Noynoy and his family do not really need anybody to defend them from barks or yelps of this sort. The conduct of their lives is their own best defense. Cory herself was nuts about prayer, to a point that she became pilloried, or even caricatured, for it during her time and afterward. Was she vindicated in her belief in its power? The religious would probably say the proof is right there in her death, which gave life to the dead, or dying. The more secular would say the fundamental decency which underlay her spiritual outlook, which expressed itself in prayer, was the real power, which in the end shattered the walls of apathy like Joshua’s trumpets. Whatever the case, she did pray constantly, ardently, genuinely.
As does her family. The notion that one of them would use prayer as gimmick—well, I can only encourage Arroyo and the people who truly speak for her to rile the public even more with suggestions like this.
The reluctance of Noynoy to run is real. As is her family’s. I’ve caught a glimpse of it up close and personal. Noynoy’s sisters have remonstrated with him about it, pointing to the enormous sacrifices their family has already made; must they go through the wringer again? Surely they’ve already done enough, surely they too deserve some peace?
It’s the one thing that convinces me more than ever I have not made a mistake of reposing my hope for this country coming into its own on Noynoy. Think about it: Do you know any other family whose first instincts, whose natural reflexes, about one of their own running for president are not enthusiasm and expectation but fear and trepidation? And fear and trepidation not because they have a weak candidate who is likely to lose but because they have a strong one who is likely to win?
In other families, the preoccupation even now would be the division of spoils. “If you win, akin ang BIR ha.” Or a poor second and third, “Akin ang Customs/Immigration ha.” And those are for candidates whose chances of winning are about as strong as the chances of Hayden Kho finding true love. Though that is outside looking in; inside looking out, the candidates, or their partners, spouses or not, true love or not, always imagine they are virtual shoo-ins. This country is full of delusional people, or, what has become famous by now, the atat-na-atat to run.
Where else would you find a family whose natural reflexes are to see public office as a burden, as a responsibility, as a duty to serve the people that exacts a great toll upon those who are summoned to it? Where would you find a family whose first instincts are to treat the presidency with respect and circumspection, something to accept with humility and surrender, and not something to steal with InGlorious basterdness?
You get used to power being an invitation to abuse, you’ll think of regarding it as an awesome duty a gimmick.
I’m not a prayerful man myself, but I concede to its power. The kind at least where you talk to heaven with your heart and not with your gall. You can gauge the difference by its effects. You talk to heaven with your heart, you retreat only to advance. You talk to heaven with your gall, you advance only to retreat.
Whom the Gods wish to glorify, they first make suffer. Whom the Gods wish to destroy, they first make mad.
Or atat-na-atat to run.
Psssst again Mikey, do share how your assets grew from P50,000 to P156 million in just 16 years -
September 1, 2009
Tuesday, September 1, 2009 by Raissa Robles
Do tell, so fellow Filipinos can copy your technique. After all, you started with a modest investment base of only P50,000 which you declared as the total sum of your worldly goods back in 1993.
And also because I do so love your home in sunny California. As Ellen Tordesillas, Avigail Olarte , Yvonne Chua and Luz Rimban wrote in Vera Files, I could take a virtual tour of your home at 1655 Beach Park Boulevard, Foster City, California, which you listed in your 2008 Statement of Assets, Liabilities and Net Worth (SALN) under “Business Interest and Other Financial Connections.” You did not declare it as part of your “Personal and Other Properties”.
Hmmmm, what’s the diff?
Take the virtual tour of Mikey’s lovely Beach Park home
I’m sad it’s now on sale once more.
I took the virtual tour and the accompanying music almost lulled me to gentle sleep. You, too, can take the tour by going to: http://www.ewalk.com/tour.cgi?id=1655
Take a peek at Mikey’s lovely bathroom, master bedroom, kitchen, living room. Take the virtual tour by clicking on the words “360 Scenes”, and then the words “Front View”, “Backyard”, “Living Room”, “Family Room and Kitchen” and “Master Bedroom” – and be transported to his world.
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What a peaceful, restful home. So far from Manila’s maddening media demanding to know how you could afford a million dollar home on a half a million peso yearly income as congressman.
And mainly because back in 1993, your declared assets were only worth P50,000 or the equivalent of US$1,024.59 (at current forex rate of P48.80 per US$1). Even that was a handsome sum for a young buck of 24 just out of college.
But hey, your mom had just won her first ever elective post as senator of the Philippine Republic in 1992. Rather than earn oodles of money growing your own company, you opted to serve the people by joining your mom’s Senate staff.
You were therefore required by law to submit your first ever SALN. I’m sure you took the filing seriously. Hence in 1993 you declared you had P50,000 pesos which you listed under the item – “cash on hand/cash in bank”.
Life was beautiful. You had no liabilities (utang).
Now let’s jump to last year when your total assets (based on your December 2008 SALN) was listed at a whopping P150,253,644.95 (or US$3,078,968.13).
You’re a dollar millionaire now. Wow. Gosh. How’d you do that?
Let’s see now -
1993 – you worked with mom – P50,000 assets. Net worth same due to zero liabilities.
1994 – still worked with mom – P320,000 assets (of which P120,000 was cash and P200,000 personal effects,). Net worth also P320,000 because of zero liabilities.
Then your assets paper trail disappeared. You must have taken some time off. From 1996 to 1997, you studied Business Administration at the University of California in Berkeley, you once told me in a 2005 one-on-one interview.
The next time your SALN surfaced was in 2001 when you got elected provincial vice-governor of Pampanga.
You also tried breaking into the movie business, appearing in mostly bit or supporting roles and a few leading roles. By 2001, your P320,000 assets had grown to P5,721,787.29, broken down as follows:
P3,327,686.12 in cash
P2,144,101.17 in shares of stock
P250,000 worth of personal effects
With zero liabilities, your net worth was the same as your assets.
It took you only four years (excluding time off for Berkeley) for you to earn P5 million. Cool.
Now let’s do a quick rundown of your total assets’ amazing growth, all based on your available SALN:
1993 – P50,000 – zero liabilities
1994 – P320,000 – zero liabilities
2001 – P5,721,787.29 – zero liabilities
2002 – P5.003 million – zero liabilities
2004 – P76,531,403.96 – zero liabilities
2005 – P138,751,403.96 – P61.8 million liabilities
2006 – P167,971,403.96 – P78.4 million liabilities
2007 – P154,972,409.95 – P58,224,476.29 liabilities
2008 – P156,122,409.90 – P56,874,476.20 liabilities
The biggest jump in your assets (by roughly P71 million) was between 2002 and 2004 when you were Pampanga vice-governor.
Could it have been due to your budding movie career? But it wasn’t that great, according to well-known entertainment columnist Ricky Lo who interviewed you in July 2003. He wrote afterwards: “As an actor, he’s tagged as a “TH” (as in Trying Hard) and critics of GMA (your mom) and her administration had a field day poking fun at Mikey and his mom (poor GMA!) when his starrer called Di Kita Ma-Reach finished at the tail end of the Metro Manila Film Festival three years ago.”
In 2002, you married your second cousin, Maria Angela. Perhaps she brought in the fortune?
Last year you listed her as board director in five companies owned and run by her family years before you two got married. These are:
H.M. Montenegro Co. Inc
Pacific Activated Carbon Co. Inc
Pacific Activated Carbon Co. Intl.
Titan Megatiles Industrial Corp
Titan Mega Bags Industrial Corp. .
A quick check with the Securities and Exchange Commission shows most of these companies are in bad shape.
H.M. Montenegro Co. Inc, also listed as H.M. Montenegro and Asso. Inc., is the holding company for eight family-owned firms.
Two of the companies earned modest amounts:
Titan Mega Bags Industrial Corporation’s last financial statement was for the year 2000: listing P576 million in assets. But its net operating income before tax that year was a negative P5.55 million. “Other income” raised this to P24.3 million.
The last financial statement filed by Titan Megatiles Industrial Corp was for 2002 when it declared operational losses of P7.988 million. But earnings outside operations gave it a P6.48 million net income.
Pacific Activated Carbon Co., Inc earned a net income of P30.6 million in 2002.
Again between 2004 and 2005, your assets grew by some P62 million or from P76.5 million to P138.75 million.
In 2004 you got elected Pampanga congressman for the first time.
In 2005, according to Vera Files, you sold a condominium in California for US$900,000 – something that wasn’t disclosed in your 2004 SALN.
The following year, California land records showed you transferring THE lovely Beach Park property in your wife’s name. Lucky wife.
Below is a copy of the real estate details of Beach Front, courtesy of Manolo Quezon:
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View at EasyCaptures.com
And so your conjugal assets kept growing
Let’s assume this jump in assets was due to borrowings and not to kickbacks from the illegal gambling game jueteng – which you were accused of in 2005. Which you told me was a lie.
You said then: “When you are the incumbent president’s son, many sectors want to see you fail rather than succeed. Oppositors to my mom, if they can’t hit her they hit me.”
This week you attributed malice, ignorance and recklessness to Ellen, Yvonne,Avigail and Luz of Vera Files. You said they never called you but they said you refused to answer their mobile text messages and calls.
I’ve covered beats with Ellen and Yvonne and I know how they can be very persistent in nailing stories. In fact your mom, President Arroyo, held the same opinion back in October 2005 when she was being asked if she would pursue criminal charges against then President Joseph Estrada if he resigned.
She replied: “Right now I’m already hearing many suggestions about that. Neal Cruz has his suggestions. Ellen Tordesillas keeps asking me about that with very suggestive questions….So I’m listening to the consensus that’s being formulated.”
Last year you declared debts worth P56,874,476.20
Let’s just do some mental exercise. If we assume you had to pay 8% yearly interest on that, you would have to shell out P4.55 million in interest payments alone for that year. No problem. You had P51.6 million in cash.
Never mind if as a legislator you only earn P420,000 a year. Do tell how you managed to generate all that cash that has enabled you to afford your debt, build a mansion in La Vista, Quezon City, buy a million dollar property in California and still maintain a wealthy lifestyle.
I even heard one of your government-paid bodyguards has the job of making sure your Phillipe Patek watch isn’t snatched from your wrist. I haven’t verified that. Perhaps you could.
Is it like this one below? 
But here’s the thing, your parents declared in 2008 assets worth P171.843 million pesos after nearly a lifetime of working.
How did you manage to nearly equal their worth in just 15 years without ever being a corporate CEO? Yeah, you are the president of Mikey’s Horseman Bar and Grill Inc starting 2006. That must be a lot of barbecue you grilled.
You’ve beaten all the odds. And so I wanna know. Please, please, I wanna know.
____________________
Brief bio of Congressman Juan Miguel Arroyo
Born: April 26, 1969
Education – Ateneo de Manila University all the way
1993-1995 mom’s aide at her Senate office
1995 – starts showbiz career doing bit parts. By 1998, racked up 5 movies as second lead and one starring role
1996-1997 - studied Business Administration at University of California in Berkeley
2001-2004 – elected Vice Governor, Pampanga; sudden asset jump by P71 million
2002 – married Maria Angela Montenegro
2003 – Philippine Star entertainment columnist Ricky Lo said Mikey was “trying hard” as an actor
2004- to present – elected Congressman
2005 - accused of receiving jueteng payoffs but denies it; another asset jump
2006 – registered California Beach Boulevard property under wife’s name
2008 – declared beach property as holdings of a California company where he claimed to own shares but didn’t say how much
Paalam, President Cory.
August 8, 2009

Salamat sa lahat na ginawa ninyo para sa Pilipinas. Maraming Pilipino ay nagsamasama upang magbigay paalam sa inyo noon Agosto 5, 2009.
Farewell, President Cory.
Thank you for everything you have done for the country. Many of us came together to bid you a last farewell, on August 5, 2009.
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