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You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

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Sunday, July 17, 2011

Stability in the Philippines

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A Colonel in the Philippines Armed Forces stands accused, or is being investigated for attempting to incite a military coup to overthrow the Aquino government. The story is covered here.
The Aquino administration argues that the man is a front man for the Arroyo administration, who stands accused of a great deal of corruption during her administration. The problem is that there is a great deal of scandal surrounding her and her husband....so she would have a great deal to gain from any efforts to overthrow the government.
The reality is that Aquino has invested a great deal of resources in investigations against corruption. This is of course a very positive development. The fact that it has been to the detriment of broader economic and social policy is understandable. This is a big issue, and the economy has a surprising capacity to look after itself...if government would leave it alone. After all the right of government to extort 'unconditionally' is ultimately the cause of corruption; and democracy is the ultimate tool for extortion.
I frankly place no trust in democracy; and the extortionary demands of colonels are a product of that illegitimacy. Consider the justification for his repudiation:

Deputy presidential spokesperson Abigail Valte said:
"The Armed Forces of the Philippines (AFP) considers Mariano’s action an isolated case in the organization.....It’s apparent that he is alone. No one came after him. We can see if a person’s action is isolated".
I think this is true as well. My PMA sources suggest there is no support for this action.
Valte: "We are confident that the soldiers know that they are here to uphold the Constitution, to secure the county and not to engage in partisan politics.”
That might be what the Constitution says but they don't have much of a shelf life in the Philippines. Was it 1987 that this one came into being? We are actually due for a new one. The reality is that ethical principles are the basis for issues of justice; not some arbitrary, 'dated', dogma drawn up by a group of people who purport to represent the 'majority'; whatever that means.