Bank stability in the Philippines

Posted by JoeAm on January 25, 2019 · 119 Comments 

By JoeAm I was surprised at the shock wave that rolled through banking and economic news reports on the announced bankruptcy of Hanjin Heavy Industries and Construction Philippines. Hanjin is a Korean shipbuilding company that operates in the Subic shipyard. The bankruptcy left Philippine banks holding the bag for a reported $412 million in loans, and … Continue reading →

Category Economy, Laws and Ethics, Philippine Government

A certain lack of character in the Philippine legislature

Posted by JoeAm on January 23, 2019 · 35 Comments 

By JoeAm I started thinking about how to characterize a legislature that would have 9 year-old children taken from their parents and placed in confinement with other so-called “kids in disregard for the law” until they are as old as 25, and then expect them to emerge into the greater world as constructive members of … Continue reading →

Category Citizenship/Patriotism, Crime/Corruption, Laws and Ethics, Philippine Government

On the matter of criminal responsibility for 9 year old kids

Posted by JoeAm on January 21, 2019 · 37 Comments 

By JoeAm House Speaker Arroyo and Senate President Sotto evidently intend to sponsor legislation to allow children as young as 9 years of age to be criminally responsible in the Philippines. The current age for criminal responsibility is 15 years of age. What are we to think of this? The arguments for it are those … Continue reading →

Category Crime/Corruption, Family/Parenting/Children, Laws and Ethics, Philippine Government

Tragedy of denial in the Philippines

Posted by JoeAm on January 18, 2019 · 36 Comments 

By JoeAm I hope you had the opportunity to read Chemrock’s article entitled Tragedy of the Commons in the Philippines. It gets right to the heart of the personal and social malaise that infests the country leading to bad behaviors, bad decisions, and bad results. Poverty is the worst of the outputs. State-sanctioned murder is … Continue reading →

Category Culture and Arts, Education, Philippine Government

Tragedy of the Commons in the Philippines

Posted by chemrock on January 16, 2019 · 77 Comments 

By Chemrock Juan has a few cows which graze daily in the small field outside the village, together with scores of other cows that belong to fellow villagers. He makes a decent living from milk production. An opportunity came for Juan to double his herd. He knows nothing about optimum herd size, but he has … Continue reading →

Category Blogging/Journalism, Economy, Education, Family/Parenting/Children, Philippine Government, Philippine Politics, Uncategorized