Global Pinoy News

Thursday, November 10, 2005

random thoughts 2

I've been scanning my a.m. radio. I'm hearing:

"Those bureaucrats and big businessmen won't allow any reasonable wage increase, contrary to Madame's empty talk. Since an increase in workers' salaries will decrease their profits, they will dribble the issue until they eventually negotiate an amount barely enough to sustain the workers for the next day's production routine. The elite, the 1% of the population won't be giving up their luxuries for the 99%, for the toiling masses' necessities."

"An increase in salaries will increase the production costs and will lead to price increase, thus neutralizing the gains of wage increase. Small business will close down. Companies might go bankrupt and investors will go elsewhere."


"An increase in salaries will increase the people's purchasing power. This translates to more purchases, higher consumption and higher demand, which will then push corporations to produce more and in the long run, help sustain the economy."

"Where on earth is Garci?"

"Have we become so tolerant of corruption and decadence? Have we accepted these as part of everyday life that we've become indifferent or numb about what's happening these days?"

"Value-forming institutions such as schools, churches, media, professional associations, and non-government organizations have the responsibility to engage in public affairs, in governance, and make a stand on current events. They, after all, aim for the common good and hope to attain a better society for this and future generations."

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