Businessmen, especially Americans still worry about rampant graft and corruption and rising prices of commodities in the Philippines. This is the latest report by AMCHAM or the American Chamber of Commerce. see link: http://www.abs-cbnnews.com/business/09/08/11/rising-costs-corruption-ph-worry-us-firms
Though 77% sees growth and onyl 2% predict contraction of the economy caused by a weak US economy, the primary concerns remain the same---graft and corruption. Whew, I thought this administration is addressing the issue of graft and corruption? Many businessmen are still encountering these same problems which bedevilled previous administrations.
Why is corruption still there? ONE WORD--PALAKASAN. When you're near Noynoy, you're protected.
This is now the effect of President Aquino's stubbornness of sparing his boys from administrative charges. A probe found many of Aquino's men responsible for certain acts, but they remained free, thanks to the President's blanket of protection. Look at what happened in the "independent probe" of the Manila hostage crisis. It sent a wrong signal to everybody in the bureaucracy, that this administration is pliable and will protect you if you're a Kabarilan, Kaklase or Kamaganak.
We really cannot eradicate graft and corruption if our leaders still think that they are above the law. Wangwang mentality? Tell it to Aquino and his "boys".
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