Category Archives: Economy

PHILIPPINE PRESIDENT AQUINO TO ANNOUNCE RESIGNATION IN PRIME TIME ADDRESS TO THE NATION

President Aquino
President Aquino

Manila, Philippines (The Adobo Chronicles) – Following the footsteps of his political idol Richard Nixon, Philippine President NoyNoy Aquino is set to announce his resignation in an address to his nation to be televised in prime time this week. For security reasons, Malacañang, the presidential palace, is not saying what day this week the president is making this unprecedented move.

Richard Nixon
Richard Nixon

The beleaguered Aquino administration has been in hot water as a result of a Supreme Court decision declaring as unconstitutional Aquino’s action of using non-discretionary funds under the Disbursement Acceleration Program or DAP for questionable purposes, not the least of which was sending monetary “gifts” to senators who voted for the impeachment of former Supreme Court Chief Justice Renato Corona.

Sources close to Aquino who spoke on condition of anonymity because they were not authorized to speak to the media, said that the real reason for Aquino’s decision to quit is his declining popularity among fans and supporters of actress Nora Aunor. Aquino snubbed Aunor in the naming of this year’s National Artists.

“The fans and supporters of Ms. Aunor constitute 90 percent of the country’s population,” the sources said, “and the president understands that he can no longer perform his duties with very little support from the Filipinos.

The Adobo Chronicles will bring you the presidential announcement live when it happens.

 

PHILIPPINE PRESIDENT AQUINO’S APPROVAL RATING NOW AT RECORD-BREAKING 99 PERCENT

imageManila, Philippines (The Adobo Chronicles) – Filipinos’ lovefest with movies, actors and film awards is no secret. From politics to gossip columns, actors have a special place in everyone’s heart. Actors become politicians. Politicians turn into great actors.

A new nationwide poll shows that Philippine President NoyNoy Aquino’s approval rating has gone up in just the last week to an unprecedented 99 percent, the highest ever rating for any president anywhere in the world.

Presidential spokesperson Edwin Lacierda attributed the sudden jump in Aquino’s rating to the release of film trailers and posters of a new film featuring the president and his embattled Budget Secretary Florencio Abad. The 3-D film is co-produced by the Presidential Communications Group and the Office of Budget and Management.

The Aquino administration is in the middle of a big controversy regarding its use of  the Disbursement Acceleration Program (DAP) or non-discretionary funds for questionable projects. The Philippine Supreme Court recently ruled that Aquino’s actions were unconstitutional. Abad tendered his resignation as a result of the controversy , but Aquino stood by his man and refused to accept the resignation.

The new film, “Himala” (Miracle), is about the hocus pocus that both men engaged in with regards to the discretionary funds. It is a true-to-life story about the bond that exists between employer and employee.  Critics were unanimous in predicting that the film will win the major awards in the  ongoing Kasinungalingan Film Festival in Metro Manila.  Both Aquino and Abad are contenders for the best actor award.

Ironically, “Himala” is also the title of a previous award-winning film starring Nora Aunor whose nomination for the honor of National Artist was snubbed by Aquino.

 

 

PHILIPPINE VEGETABLE SHORTAGE SOLVED, THANKS TO THE U.S.

imageManila, Philippines (The Adobo Chronicles) – Uncle Sam once again came to the rescue of its former colony, the Philippines –or is it the other way around?

The Philippine government has just lifted the ban on the importation of fresh vegetables from the United States. This, according to President NoyNoy Aquino, will solve the vegetable shortage currently being experienced by his country. “Our agricultural lands are just not producing enough vegetable supplies needed by our country,” Aquino said, “so we thought it necessary to spend millions of dollars to bring in fresh vegetables from the U.S., rather than support and subsidize our local farmers. ‘Imported vegetables’sound more appealing and appetizing.”

Newly-appointed agriculture Francis Pangilinan echoed his boss’ sentiment by teling reporters that “spinach (from the U.S.) sounds more sexy than the local kangkong.” 

In response to a reporter’s question on what vegetables the Philippines will be importing from the U.S., Aquino suddenly burst into song, singing a verse from a famous traditional Filipino folk song:

“Bahay kubo (Nipa hut)  kahit munti (small as it may be). Ang halaman doon ay sari-sari (Plants there are varied). Singkamas (turnips) at talong (eggplant), sigarilyas (winged bean) at mani (peanut), sitaw (green long beans), bataw (hyacinth bean),  patani (lima beans).”

Meanwhile, Filipino Americans have complained that they are not able to procure many Filipino vevegtables in the U.S., especially those needed to cook pinakbet, a vegetable recipe akin to the French ratatouille.  “So now, with the U.S. exporting its vegetables, it will even be harder for me to find my veggies here,” says Alejandra Talong of Daly City, California.