Política Editorial |
Webeditorial
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Anti-Iranian Propaganda
Stephen Lendman,
May 27, 3:47 am
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Social Justice on Trial in Canada
Stephen Lendman,
May 26, 4:03 am
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Separate and Unequal in Israel
Stephen Lendman,
May 25, 3:24 am
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Has-been
Patrice Faubert,
May 24, 12:18 pm
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Sentencing at Yolo County Ca
Graciela Rodriguez ,
May 24, 9:32 am
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Time Profiles a World Class Thug
Stephen Lendman,
May 24, 3:27 am
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Illicit Drug Trade:A Shared Problem.
Paola Martinez,
May 24, 2:23 am
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Newswire Archivo Ocultado
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HOW, REALLY, DID MANUEL BAMBA VILLAR, JR. GET TO BE RICH?
Submitted by PilipinoPoAko (no verificado) on Jue, 03/04/2010 - 4:27amIt may bear and serve the Filipino nation well to investigate and know that Manny Villar may actually have broken through from Tondo-ragged accountant to billionaire-rich presidentiable by allowing himself to be used as a foreign investor’s dummy in the Philippine real estate business. You see, the conduct of real estate business in the Philippines is made exclusive by law to Filipino citizens, necessarily because its affairs involve sensitive issues that affect territory, patrimony, and national security. Wasn’t that a debonair American who was smilingly visible every day at the offices of Crown Asia, Inc., way back before the Villars became political aspirants? Unfortunately, sighting American presence at the Crown Asia, Inc. organization deteriorates to zero visibility in hot election weather, especially nowadays! As Manny Villar embarked on a political career, it naturally became strategically imperative to avoid flaks of damaging controversy about being economically beholden to foreign influence, especially from nationalist camps of the likes of then Senator Teofisto Guingona Jr. who was one among legislators instrumental in passing general law limiting conduct of real estate business in the Philippines to Filipinos only. In fact, it was from 1997 to 1999 that the bespactacled, middle-aged, happy American investor (silent or express?) of Crown Asia, Inc. was last regularly observed at the 18th Floor of Cityland Herrera Tower. Most of us often have "humble," sometimes "rotten," beginnings; yet being transparent about such beginnings can do more good than harm. The key to the answer may reach as far back as times with SGV, or perhaps good Senator Manuel Villar may want to comment on this matter at this time?