Monthly Archives: September 2010
No Easy Fix For Sluggish Economic Recovery
Sept 24, 2010
by Don Azarias
A couple of months ago, a friend of mine from the cyberspace who loves to invest in the stock market made a friendly bet with me that the Dow Jones Industrial Average (DJIA) would be up to 11000 or 12000 by this time. Basing my calculations on the results of leading economic indicators, I decided to be cautious and told him that the DJIA would stay between 9500 and a little over 10000 during the same period. And to be honest with you, I was hoping that he was right. However, at the rate the economy is faring, I’m beginning to think that our bet will end up in a draw. The DJIA is currently between 10000 and 11000. Whatever the outcome, it’s something worth rejoicing because it’s not really as bad as most economists and analysts have predicted. Continue reading
Not Meant To Be
Sept 24, 2010
So singer-songwriter Katy Perry’s day of fun and frolic with Elmo on Sesame Street got the boot before it hit the boob tube (don’t you love them puns?). I heard it was because she was showing a lot of boobies and God forbid the little tykes get a peek at them through their bottles during naptime. Can’t have that!
Curiosity got the better of me so I went on YouTube and checked out the raucous. The video is short, just under three minutes and there are plenty of versions to choose from. It’s very typical Katy Perry. She’s dressed provocatively and yes, Maria, her boobies are partially covered… Continue reading
Pribilehiyo at Kolehiyo
Sept 24, 2010
Kinilala ng ika-108 Kongreso ng Estados Unidos noong 2003 ang Setyembre bilang “Buwan ng Pag-iimpok para sa Kolehiyo” (“College Savings Month”). Bago ito, sinimulan ng College Savings Plan Network ang pagsasagawa ng mga palatuntunan na humihikayat sa lahat laluna sa mga magulang na maghanda para sa pag-aaral sa kolehiyo ng kanilang anak. Ang inisyatiba ng nasabing network ay sinundan ng pagdedeklara ng mahigit 40 estado sa kani-kanyang hurisdiksiyon na ang Setyembre ay tatanghaling “College Savings Month”. Continue reading
Comelec drops Reyes as 1-UTAK nominee
Sept 24, 2010
MANILA — The Commission on Elections (Comelec) has disqualified former Energy Secretary Angelo Reyes as the first nominee of One-United Transport Koalisyon (1-UTAK) party-list at the House of Representatives.
In a Commission en banc resolution, they ruled that Reyes does not truly represent 1-UTAK since the retired general failed to prove that he was an advocate of the transport group despite presenting a long list of evidentiary documents looking to prove that he promotes the advocacies of the party-list group. Continue reading
BIR to conduct ‘lifestyle check’ vs. gov’t officials linked to ‘jueteng’
Sept 24, 2010
QUEZON CITY – The Bureau of Internal Revenue (BIR) is set to conduct a “lifestyle check” on government officials who have been linked to the illegal numbers game called “jueteng.”
BIR Commissioner Kim Jacinto-Henares told reporters in a press conference at the Department of Justice that the “lifestyle check” will be based on the list disclosed by retired Lingayen-Dagupan Archbishop Oscar Cruz during the recent Senate hearing on the illegal numbers game.
Continue reading
De Lima delegates authority to DOJ officials
Sept 24, 2010
MANILA— Department of Justice (DOJ) Secretary Leila De Lima has delegated authority on the duties and responsibilities of the Undersecretaries and other officials of the DOJ.
In Department Circular No. 72, Undersecretary Jose Vicente “Jovee” Salazar was designated to supervise the Bureau of Immigration (BI) and the Technical Staff and other committees and programs. Continue reading
Peso closes at more than two-year high
Sept 24, 2010
MANILA –- Decision of the US Federal Reserve to maintain to near-zero level its rates boosted the Philippine peso after it closed Wednesday to its more than two-year high of 43.88 to a dollar.
Wednesday’s closing is near the 43.75 to a dollar level it registered in June 2008.
It is better than the 44 level it registered in the previous day and ended to this level after a high of 43.95 and low of 43.88. Continue reading
RP, Canada renew workers’ deployment agreement
Sept 24, 2010
MANILA — The Department of Labor and Employment (DOLE) Tuesday signed a renewed Memorandum of Understanding with Department of Labour and Immigration (LIM) of the Province of Manitoba, Canada concerning cooperation in human resource deployment and development.
“This MOU is closely aligned to the overarching goal of President Benigno S. Aquino III to invest and develop our human resources to make us more competitive and employable. It is also in line with the 22-point labor and employment agenda which, among others, calls for expanded protection of our OFWs,” said Secretary Rosalinda Dimapilis-Baldozd Continue reading
Man gets 14,400 years for 360 counts of rape of his daughter
Sept 24, 2010
MANILA – This one is for Ripley’s Believe it or not!
The Court of Appeals has affirmed the conviction of a “demonic father” who molested and raped his 13-year-old daughter for more than a year in their home in Calamba, Laguna, sentencing him to 14,400 years for 360 counts of rape. Continue reading
Sandoval is Sandiganbayan Presiding Justice
Sept 24, 2010
MANILA — President Benigno Simeon “Noynoy” Aquino III has appointed Associate Justice Edilberto Sandoval as Presiding Justice of the anti-graft court Sandiganbayan.
Sandoval was nominated by the Judicial and Bar Council (JBC) in its letter to the Office of the President (OP) last August 17. Continue reading