Vice-President Noli de
Castro clarified that he did not pinpoint "oligarchs" who are
stalling the country's progress in fighting poverty during his Independence Day
speech Thursday in Kawit, Cavite.
"Wala po akong tinutukoy doon. Kung sino ang tamaan, guilty, 'ika nga," de Castro said.
He said he is merely reminding big businesses of their duty to the nation.
"Kung gusto nilang maging transparent ang pamahalaan, dapat maging transparent din ang private sector. Kung gusto nila ng good governance, dapat meron ding good corporate governance," he said.
While he spelled out government solutions to economic and corruption problems besieging the country, de Castro, in his speech during the 110th Independence Day rites at the shrine of Gen. Emilio Aguinaldo nevertheless criticized what he called the Philippines' "oligarchs" who in one way or another, have hampered progress in the campaign against poverty.
"Marahil ay mayroon pang kulang, mayron pang kailangang gumalaw na hanggang sa ngayon ay hindi pa natitinag sa kanilang kinatatayuan," he said in his speech
No names but...
De Castro said he is referring to families and groups holding vast amounts of money, resources and those who have the power to influence government policies.
'[Ito ay ang] mayayamang pamilya na natutong gumamit ng kayamanan upang isulong ng interes ng kanilang negosyo upang higit pang dumami ang kayamaman," de Castro said.
De Castro said while these groups continued to further their interests, there was a time in history when the government used its power to break the oligarchic structure of society, but was not effective and only resulted in new groups of cronies.
De Castro did not name the oligarchs he referred to in his speech.
However, the government did use its might to sequester several companies of wealthy families during the martial law period in the 1970s.
These include ABS-CBN Broadcasting Corp. and the Manila Electric Co. (Meralco) -- firms controlled by the Lopez family.
De Castro, a former news anchor of ABS-CBN News, proposed four measures that the people could use to put the oligarchs and interest groups in their proper places: pushing for transparency in both public and private sectors; government empowerment; use of market forces to "effectively weaken" monopolies; and the empowerment of people against abuse.
In the end, de Castro called on the people to remain vigilant against abuse of power in government and the private sector.
"Huwag tayong mangiming kumilos para sa ikabubuti ng lahat," he said.
Puno: Foreigners 'more privileged' than Filipinos
Meanwhile, Chief Justice Reynato Puno took a swipe at the government's inaction on human rights and the rising cost of basic goods.
In his speech at the flag-raising ceremonies at the Bonifacio Monument in Caloocan City, Puno criticized the government for not being able to stop extrajudicial killings and the rise in the cost of basic goods.
He also said foreign businessmen are given more favors and provileges than Filipino citizens.
"Wala po akong tinutukoy doon. Kung sino ang tamaan, guilty, 'ika nga," de Castro said.
He said he is merely reminding big businesses of their duty to the nation.
"Kung gusto nilang maging transparent ang pamahalaan, dapat maging transparent din ang private sector. Kung gusto nila ng good governance, dapat meron ding good corporate governance," he said.
While he spelled out government solutions to economic and corruption problems besieging the country, de Castro, in his speech during the 110th Independence Day rites at the shrine of Gen. Emilio Aguinaldo nevertheless criticized what he called the Philippines' "oligarchs" who in one way or another, have hampered progress in the campaign against poverty.
"Marahil ay mayroon pang kulang, mayron pang kailangang gumalaw na hanggang sa ngayon ay hindi pa natitinag sa kanilang kinatatayuan," he said in his speech
No names but...
De Castro said he is referring to families and groups holding vast amounts of money, resources and those who have the power to influence government policies.
'[Ito ay ang] mayayamang pamilya na natutong gumamit ng kayamanan upang isulong ng interes ng kanilang negosyo upang higit pang dumami ang kayamaman," de Castro said.
De Castro said while these groups continued to further their interests, there was a time in history when the government used its power to break the oligarchic structure of society, but was not effective and only resulted in new groups of cronies.
De Castro did not name the oligarchs he referred to in his speech.
However, the government did use its might to sequester several companies of wealthy families during the martial law period in the 1970s.
These include ABS-CBN Broadcasting Corp. and the Manila Electric Co. (Meralco) -- firms controlled by the Lopez family.
De Castro, a former news anchor of ABS-CBN News, proposed four measures that the people could use to put the oligarchs and interest groups in their proper places: pushing for transparency in both public and private sectors; government empowerment; use of market forces to "effectively weaken" monopolies; and the empowerment of people against abuse.
In the end, de Castro called on the people to remain vigilant against abuse of power in government and the private sector.
"Huwag tayong mangiming kumilos para sa ikabubuti ng lahat," he said.
Puno: Foreigners 'more privileged' than Filipinos
Meanwhile, Chief Justice Reynato Puno took a swipe at the government's inaction on human rights and the rising cost of basic goods.
In his speech at the flag-raising ceremonies at the Bonifacio Monument in Caloocan City, Puno criticized the government for not being able to stop extrajudicial killings and the rise in the cost of basic goods.
He also said foreign businessmen are given more favors and provileges than Filipino citizens.
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