Friends and colleague read this: http://tongueinanew.blogspot.com/2008/05/meralco-vs-mafia.html. It hits the nail in the head and reveals a ton of stuff about this government attempt to break Meralco.
As we wrote here, there's really an insidious plan to takeover Meralco, not to lower these electricity rates. No. What government wants is to give this firm to the Aboitiz and the Garcias of Cebu, staunch allies of Madame devil infant, Gloria.
As what a reader commented on Tongueinanew's blog, this is the highest tongpats ever!
Imagine something like this, bigger than the water concessionaire bidding a few years back.
This is probably the reason why there's a multi-million propaganda funds being brandied about by propagandists of Garcia and the Aboitizes. It's a miniscule amount compared to the billions they'll earn from breaking up Meralco.
WE SHOULD STOP GOVERNMENT FROM DOING THIS. YES, BREAK THE HOLD OF THE LOPEZES, BUT GOVERNMENT SHOULD NOT BE ALLOWED TO SELL THE FRANCHISES AND MERALCO NOW! IT SHOULD BE DONE AFTER THE MAY 2010 ELECTIONS, NOT NOW!
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