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Thursday, May 08, 2008

 

EAST WEST
By Julius F. Fortuna
No government takeover of Meralco

 
I believe Gov. Joey Salceda of Albay when he said the other day that government is not interested in taking management control of the Manila Electric Compay. If the government gives the impression it was getting Meralco, the noble intention of lowering the rates of electricity for the sake of the consumers will be defeated.

It must be the Meralco people who are creating the story that the government wants to take over the electric giant. By dishing out this line of imminent takeover, Meralco creates a scarecrow, and hits that crow to isolate an imagined confiscatory regime. When the media debate goes to confiscation, the noble intention of checking the abuses of Meralco becomes a nonissue. Notice that even the usually perceptive Sen. Joker Arroyo was deceived by the line that government was bent on ousting the Lopez family from the Meralco!

For the sake of the public interest, let the debate remain in the realm of valid public issues, like overcharging of consumers by Meralco, about hidden costs and accounting fraud, of bad practices like buying electricity from its allied firms and lack of transparency in its records. As to the aim of GSIS to consolidate its own shares in the firm, let them do that because that is their legal right. But confiscation of Meralco is not part of the polemics.

I think that confiscating Meralco is not part of the ideology of President Arroyo. The President is an economist who believes in free trade. Has she not said that full privatization of the Philippine economy is one of her declared legacies? Do you know what nationalists are saying about the President?

She has been charged of selling many state enterprises and heirlooms to the private sector as part of her commitment to the international community. She has even received flak for selling the PNOC-EDC which, by the way went to the Lopezes. How can she possibly seize Meralco?

Politics and billiards

The billiards community is caught in a controversy over the decision by Senate President Manny Villar to support a breakaway group in a tournament to be held in Alabang. It is possible that Villar does not know the implications of this issue, but I have heard friends talk about the lack of his sensitivity to a delicate problem in one organization.

They said that by holding another billiard tournament on the same dates, (May 6 to 11) he may have unwittingly sabotaged a legitimate billiard organization sanctioned by the Philippine Olympic Committee and the League of Cities. Perhaps, he may not be aware that his own Villar’s Cup comes into conflict with the tournament sponsored by the Billiards and Snookers Congress of the Philippines.

I do not know how this can be repaired at this time when the tournaments have started. But this is a lesson for Villar who should make the correct decisions at this time when he is trying to gain the affection of the voters. If I were Villar, I would readily choose the legitimate groups when sponsoring tournaments.

Nograles-Misuari talk

It looks like the move to convene a constituent assembly to amend the charter and create a federal state is gaining ground. Moro National Liberation Front chairman Nur Misuari and Speaker Prospero Nograles talked about federalism the other day in Quezon City.

Misuari is happy that Sen. Aquilino Pimentel Jr. is sponsoring a charter change proposal in the Senate. Nograles has also instructed the House to conduct studies on the proposal and will embark on consultations. There is no official reaction from the Palace yet.

The new element in this charter change initiative is the support by Pimentel and some members of the Senate. Previously, the Senate was united in opposing the charter, partly because it included the abolition of the Senate. Now, the issue is simply federalism.

jules42na@yahoo.com

   
 

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