16 December 2009

Filipinos are slaves, indebted since birth

A few minutes ago, I was laughing out loud watching an old Filipino movie - a comedy about two families who were once good friends and relationships turned sour after the other family won the lottery. Story goes that the head of family A gave the lottery ticket to the head of family B as payment for his debt, which family B's head reluctantly accepted - being uncertain if the ticket will win.

The keyword then hit me. Debt. Almost everyone is indebted to someone. I went on a search about my countrymen, Philippine National Debt as of 2009 had a figure of Php 1.851 Trillion! One of the source is this site. According to the National Statistics Office, the country has an estimated 91 million people. With the assumption that the government did not cheat on it's own statistics (as what the politicians normally and almost always do in elections), I found that every Filipino citizen owes Php 20,340.65 (this is not easy money locally.)

An ordinary Filipino earns by a rate as low as Php 80.00/day. Majority of the people are barely making it on the minimum wage of Php 250.00/day. In a month, average pay is between Php 1,920.00 to Php 6,000.00. A white collar job will be within the Php 12,000.00 to 40,000.00/month. White collar jobs are a minority.

Basically, the hurdle to pay up what we owe is so steep, every Filipino will die trying to pay off debts we didn't even avail of ourselves.

Yet, we hear many politicians and public figures over-reacting to a Singaporean columnist name Chip Tsao when called the Philippines a nation of servants. It is a tough reality but, he has a point there.

I think Chip Tsao is better than Gloria Macapagal Arroyo because he was able to see the reality that the country is in to - Gloria did not. Now i don't have to elaborate to how I can say such - the Le Cirque dinner is more than enough to speak for it.

She could have just went to the Philippine Embassy and tell the cook with fat salaries to prepare dinner for her entourage.

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