2008 SONA and GMA’s last minute attempts to save face
It is really funny to watch how and hear about Gloria Macapagal-Arroyo’s last minute attempts to save face. The State of the Nation Address is coming up and she is doing her darn best to scrounge for something that she can tell the nation that she did for the country. Just imagine these…
- She “appealed” to Petron to make a price roll back when just a few days ago, the fuel companies implemented a price hike.
- The peso is gaining the upper hand versus the US dollar.
- The energy subsidy for Meralco clients.
This is what every Filipino has in mind: if she can arm wrestle the fuel companies into doing price rollbacks, why do it only now??? And what’s with the price hike, the fuel companies are lamenting their profit loss, when they can really forego the 1.50php in the first place? Shady, isn’t it?
Just last week, the exchange rate averages 45php:1usd, what with everything that happened during the typhoon Frank. And then just this morning, I was surprised to see that the peso grew stronger. I doubt if that is really the reason why the exchange rate dipped like that. If you just read the news, you will know that the economy of the country is making a nosedive. So the stronger peso was brought about by something else.
Nakakatawa! As if the 500pesos subsidy will really solve the energy problem. The government is good at providing temporary solutions, press releases… But few have really materialized. Few have provided permanent solutions.
That’s just three of the last minute attempts of GMA to save face. Let’s see what “accomplishments” she will brag about in her 2008 State of the Nation Address.