How Much Is President Aquino Leaving The National Treasury?

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Photo: The Adobo Chronicles

(DISCLAIMER: This report is subject to review by the Commission on Audit)

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Philippine President NoyNoy Aquino — who revels in touting his administration’s so-called accomplishments –said yesterday that he is ending his 6-year term with P164.33 billion  ($3.57 billion) in the national treasury, thanks to dividends remitted by government-owned and -controlled corporations (GOCC).

“My promise to our boss: I will leave this country in a totally different situation from what I came upon,” Mr. Aquino said during the 2016 GOCC Dividends Day at Malacañang.

What Mr. Aquino forgot to say in his speech was that the Philippines’ external debt now stands at $77.47 billion, according to the Banko Sentral Ng Pilipinas (Central Bank of the Philippines). 

So, even without the use of an electronic calculator, Filipinos know that between the country’s external debt and the GOCC funds, the national treasurer is in the negative. Minus $73.9 to be exact.

Definitely, Mr. Aquino is leaving the Philippines in a totally different situation from what he came upon.

And that’s just as far as the national treasury in concerned.

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Philippine President-Elect Duterte Will Not Wear Funeral Attire At His Inauguration

imageDAVAO CITY, Philippines (The Adobo Chronicles, Manila Bureau) – It’s official.  President-elect Rodrigo Duterte will not wear the barong tagalog when he takes his oath of office on June 30. 

The Davao city mayor told reporters that he considers the barong — the formal attire for Filipino males — as a funeral attire, pointing out that all of his close friends who had died wore the barong to their final resting place.

Last week, The Adobo Chronicles revealed Duterte’s inaugural attire consisting of a red, white and black checkered polo shirt and a reddish-brown leather jacket, modeled by Filipino American singer Bruno Mars, and designed by Colombian artist Alfredo Barraza.

Duterte’s transition team also announced that the president-elect is departing from established tradition by having his oath-taking in Malacañang (the presidential palace) instead of the Quirino Grandstand at Manila’s Rizal Park (Luneta).

Change, indeed, is coming!

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San Diego Padres To Gay Men’s Chorus: “Sorry, We Will Change Our Name To Madres”

image.jpegSAN DIEGO, California (The Adobo Chronicles, San Francisco Bureau) – Claiming it was a mistake inside the audio control room, the San Diego Padres today apologized to the San Diego Gay Men’s Chorus (SDGMC) for the embarrassing moment at Petco Park this weekend.

Members of the SDGMC took the field at Petco Park to sing the national anthem. Instead of their voices, fans of the Padres and Los Angeles Dodgers heard a recorded voice of a woman singing the anthem, and when the group stepped off the field at the end of the song it was to taunts such as, “You sing like a girl,” according to a statement on the SDGMC Facebook page.

The chorus called for Major Leage Baseball to investigate the incident as a possible anti-gray discrimination or hate crime.

To show its sincerity in feeling very sorry about the incident and that it truly empathizes with the chorus members, owners of the San Diego Padres announced that the team will immediately change its name to “Madres.”