Aquino has not much to show for P2-B intelligence fund

The Paocc was allocated P324 million in confidential/intelligence funds in 2011, P566 million in 2012 and P588 million for this year. The 2011 budget described this allocation as for “Presidential Anti-Organized Crime Commission Proper, including P300 million for Confidential and Intelligence expenses to be released upon approval of the President.”

Obviously to downplay the jump in Paocc’s funds the succeeding year, the 2012 Appropriations Act described the funds allotted for it as for “National Security Monitoring, including requirements for the Presidential Anti-Organized Crime and Transnational Crime Campaign, as well as P500 million for confidential and intelligence funds to be released upon approval of the President.” (more…)

Continue ReadingAquino has not much to show for P2-B intelligence fund

PH left out in China’s global investment surge

FINE time for President Aquino to put our territorial disputes with China—which started fifty years ago and whose resolution will take probably a hundred years—at the forefront of our diplomatic relations with the newest economic superpower.

Great timing for our country to be the noisiest among five claimants, condemning China as the region’s bully, and practically calling the global bully—the US—to go to our neighborhood and beat up that troublemaker. The four other protagonist against China’s claims (Malaysia, Vietnam, Taiwan and Brunei)—as well as Cambodia and Myanmar must be cheering us on to antagonize China—while laughing at us behind our backs. (more…)

Continue ReadingPH left out in China’s global investment surge