There’s no such thing as “crony capitalism”; it’s “crony corruption”

Posted by JoeAm on June 19, 2020 · 205 Comments 

Opinion By Joe America The term “crony capitalism” pastes an unfortunate, calming label, on a very bad economic situation. A crony is a powerful person who has an advantage by being known to other cronies. They collect as a gang and pass favors and advantages to one another, thereby locking out competent people not having … Continue reading →

Category China, Economy, Laws and Ethics, Philippine Government

Understanding how the Philippines sees the US and China. They’re different.

Posted by JoeAm on June 4, 2020 · 11 Comments 

Analysis and Opinion By Joe America It is common to broadly paint Philippine alliances with China and the United States as competitive or similar. They are not, and my goal here is to explain the difference. You can add your views in the discussion section of the blog. The Philippines has three strong associations with … Continue reading →

Category China, Economy, Foreign Affairs and Defense, Philippine Government, USA/Americans

On Treasury, Fed, financial stimulus, interest rates & MMT

Posted by chemrock on May 14, 2020 · 309 Comments 

The following article pertains to American financial systems and issues. These matters are fundamental to any national economy, and particularly instructional for Filipinos who expect sophistication from their government financial managers. J.A. Analysis and Opinion By Chemrock The Treasury Dept and Federal Reserve Bank are responsible for smoothing economic cycles by managing economic fluctuations. Treasury … Continue reading →

Category Blogging/Journalism, Economy, USA/Americans

The myth that 16 million DDS are in charge of the Philippine agenda

Posted by JoeAm on May 10, 2020 · 40 Comments 

OPINION By Joe America We often look at leaders like Presidents Trump and Duterte and say they are ‘populists”, as if they are in power for and by the people. But that is a myth. Popularity does not drive either president. Vested interests do. The appeal to popular themes is merely a device, a marketing … Continue reading →

Category China, Economy, Foreign Affairs and Defense, Philippine Government, Philippine Politics

Policy and moral distortions in the Philippines

Posted by chemrock on May 4, 2020 · 223 Comments 

Analysis and Opinion By Chemrock The previous Society of Honor blog pondered on the difficulties of understanding Malacanang’s love for China, and the intelligent exchanges between two prolific commenters on the failure of the Green Revolution in part due to World Bank guidance that hid an agenda for US imperialism. What have these two issues … Continue reading →

Category Economy, Philippine Politics