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Monday, February 04, 2008 |
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EDITORIAL
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A new gilded age
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THE Philippines’ recent economic performance is a source of both
encouragement and concern. Last year, the country’s gross domestic
product (GDP) grew at a 31-year record of 7.3 percent. The last time
it expanded at such a quick pace was in 1976, when the country was
in the throes of a dictatorship, which had used its authority to
borrow indiscriminately abroad for big public infrastructure
projects.
We all know what happened to that growth tack.
The country reeled under the weight of its huge foreign debt, as
servicing costs shot up even as dollar earnings—mostly from
mineral and farm exports—dwindled with the fall in commodity
prices. That episode began with the country defaulting on its loans
and closed with one of its worst economic crises and the end of the
authoritarian regime.
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O T H E R C O L U M N S A
N D F E A T U R E S
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BIG
DEAL
By Dan Mariano
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More than a family
feud
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Listo pa sa nangamatay,” remarked Senate Minority Leader Aquilino
Pimentel Jr. after he was asked if he felt the ongoing attempt to
oust Jose de Venecia Jr. as Speaker of the House of Representatives
would succeed.
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OPEN
NOTEBOOK
By Random Jottings
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Liberal Party strikes early election
note
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THE Liberal Party—with its anointed one, Senator Mar Roxas,
already taking on a presidential glad-handing persona (albeit with
no prospective “First Lady” in sight!)—has obviously felt
that, to quote party sources...
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INSIDE
CONGRESS
By Efren L. Danao
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Rumble at the Senate:
Pia vs. Jamby
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Women have gone a long way at the Senate since the election of
Geronima Pecson as the first lady senator in November 1947 and
served for two terms.
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DOUBLE
TAKE
By Eric F. Mallonga
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Mighty hearts
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BEING an active litigator in the fields of criminal, family, labor
and administrative law, I recognized almost all the trial court
judges whose names appear on the public notice of the Supreme Court
for two vacant positions of Associate Justice to the Sandiganbayan.
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DURIAN
By Amina Rasul
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Power of the mimbar
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From January 28 to 30, almost 200 Muslim religious scholars and
leaders gathered at the Bayview Park Hotel to engage in intense
discussions on the situation of the Muslims in the Philippines...
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LETTER
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FairTrade commends The Times
We, at the Fair Trade Alliance (FairTrade) commend The Manila Times
for its January 23, 2008, editorial “Rebuild our damaged
agricultural base.”
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