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Is the DAP unconstitutional?

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On 19th November 2013, voting 14-0, the Supreme Court declared as unconstitutional the Priority Development Assistance Fund (PDAF) or “pork barrel.” What about the Disbursement Acceleration Fund (DAP) that very few people knew or understood before Senator Jinggoy Estrada exposed it during his privilege speech before he went to the US? Until now, the question […]

Posted: January 10th, 2014 in CDN - Opinion,Cebu Daily News | Read More »

New Year’s history

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In his interesting article, “A History of the New Year” at infoplease.com, Borgna Brunner wrote that the celebration of the new year on Jan. 1st is a relatively new phenomenon and that the earliest record of a new year celebration is believed to have been in Mesopotamia, around 2000 B.C. and was celebrated around the […]

Posted: January 1st, 2014 in CDN - Opinion,Cebu Daily News | Read More »

The man who invented Christmas

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Iregularly receive by e-mail from Alexander Green his writings on Spiritual Wealth. On Dec. 16, 2011, he wrote about the man who invented Christmas. Alexander Green is the investment director of The Oxford Club. Agreeing with Green that “this is a story that deserves to be widely known,” I am now sharing with you what he wrote. It went this way:

Posted: December 27th, 2013 in CDN - Opinion,Cebu Daily News | Read More »

Economic, human losses following environmental disasters

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Mr. Antonio Aboitiz was kind enough to e-mail to me a very good paper titled “Destruction, Disinvestment, and Death: Economic and Human Losses Following Environmental Disaster” written by Jesse K. Anttila-Hughesy and Solomon M. Hsiang. The paper was dated Feb. 18 and is still under peer review but the importance of its findings and the […]

Posted: December 11th, 2013 in CDN - Opinion,Cebu Daily News | Read More »

Do governments create jobs?

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I had been reading many books in economics and I could never remember reading a line which says that government is there to create jobs. What is the role of government in the economy? Is it to create jobs? It depends on the problem the nation faces. If a country suffers low productivity or inefficiency, […]

Posted: December 4th, 2013 in CDN - Opinion,Cebu Daily News | Read More »

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