Finalist-PhilBlogAwards 2010

Finalist-PhilBlogAwards 2010
Finalist for society, politics, history blogs

BrightWorld

Pages

Tuesday, November 30, 2010

U.S. GOVERNANCE FRAGMENTS, OBAMA’S RATIONALITY DWINDLES

Erle Frayne D. Argonza

Good day to all ye global citizens! Magandang araw sa mga kapamilyang global!

The Republicans have recently slam dunked the Democrats in the House electoral contest. This update event has put a closure to Democrat dominance in US governance, an event that will highlight brinkmanship of a dangerously destructive path.

News have been disseminated worldwide that Obama fired his highly trusted economic aides. With no team to recline on in the White House, Obama is compelled by the situation to rely more and more on the likes of Gates of the defense community, Clinton for foreign policy, and other powerful figures inside the cabinet and senate other than the economic aides.

The people whom he relies upon at this time represent distinct voices of diverse ideological persuasions. The defense Establishment is very strongly neo-conservative (read: fascist), the diplomatic community is Wilsonian liberal (center to Left), and the Senate Democrats are liberal obscurantists.

The nationalists, or those articulators of regulation and protection of American economic interests in domestic and foreign policies, have been marginalized all of a sudden. Perhaps their advocacies will be taken over by the more Rightwing Republicans in congress and the bureaucracy, Republicans whose protectionist mindsets translate to protectionism for Big Business and the oligarchy.

Obama’s feat has been to curb the ceaseless economic downspin via the stimulus program. However, unemployment and poverty incidence continue to rise, indicating the flaws in social policies. Health care and war commitments continue to generate rabid detraction.

The question we’re raising this time is: how far governable is the government of the United States? The potency of governance institutions is being weakened by the year, and the direction of that weakening is towards a fragmentation of governance altogether.

I do recall having endorsed Obama’s candidacy to Filipino-Americans and their compatriots there. The reason was that being unencumbered to oligarchic interests, Obama can make a change in policy directions both domestically and internationally. A re-institution of New Deal policies, hopefully, can be effected by his regime, an audacious act that can be emulated by the other countries.

I expected that the Obama regime will re-carve U.S. policy environment towards re-structuring the economy, reviving the physical economy, and quashing predatory finance. Alas! Signs are aplenty that the feats didn’t go that far as expected!

Now the Republicans are back in the legislature and local governments, and so observers better anticipate brinkmanship jettisoning to higher altitudes. The result would prove catastrophic to America altogether, as the exacerbation of lowly governable state surfaces.

A similar fragmentation is now happening among European states and Japan, a development that could prove to be frightening. The situation will also be enormously puzzling to political scientists and sociologists who are deeply mired in ‘re-inventing governance’ paradigm line, a paradigm that is replete with flaws and imprudent peddler of the illusion of ‘end of ideology’.

Political scientists and sociologists hold a similar contention that America’s civil society had badly fragmented. Such a lamentable situation has eroded the ‘social capital’ of citizens and folks, thus disabling their capacity for leveraging the state and market for greater social goods and services.

With state institutions and governance further weakened and an economy that has deteriorated across the decades, a weak civic life for Americans means they have to anticipate the worst yet to come in their access to social, economic, and public goods.

Obama’s very own sanity or psychological health could be deteriorating now, a fact that will undermine his own capacity to grasp grassroots reality and facts-of-life. Such a deterioration of psychic ‘wealth’ is the least that Americans expect nor dream of, and bodes a dark age for the Saxon power up north.

[Philippines, 29 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Sunday, November 28, 2010

NATIONS FRAGMENT AS 1ST DECADE CLOSES

Erle Frayne D. Argonza
30 November 2010

A noble 30th of November! We celebrate National Heroes’ Day in the Philippines as the month closes, so may the spirit of self-sacrifice and change-oriented mindset of our founding patriots be with us all!

As the year closes, we continue to witness the lamentable fragmentation of states across the globe. ‘Failed states’ has become a new standard term to label those former colonies that gained their independence after the 2nd world war, but only to fragment later.

Not only that, governments of once dynamic nations have also been continuously battered by exceeding demands to salve ailing economies, sustain employment drives, and reduce poverty. The US government itself, notably its presidency, continues to see powerful forces that render its institutions as lame duck and weak. It has become more ungovernable than before, and this is an alarming development.

Civil societies are likewise eroding in potency, and fragmenting in ideological squabbles and internal weaknesses. Thus, human rights get to be violated all the more each day as the very vanguards of civility and people’s causes couldn’t grapple with the demands of emerging realities and turn out like nuisance entities in the growing dis-order, while fascistic state leaders and gendarmes clamp down dissenters like unwanted pests.

The serial liberal reform agenda have immensely contributed to the shackling of welfare and erosion of the general interest as a whole. With social services at the grassroots reduced to negligible levels by IMF-imposed conditionalities of austerity, protest and rebel movements at the localities have arisen, thus contributing more to the fragmentation and balkanization of once viable states.

The political landscape in the USA is soon to change as the quantitative equation of party representation had been altered. Protest movements have been flexing their muscles across Europe, fighting a diversity of causes such as garbage collection (Italy), nuke waste (Germany), and extension of retirement age (France). Institutional fragmentation is going on in the West/North right now, and few seem to observe them sharply.

Africa and Western Asia are the most vulnerable at this juncture to balkanization and fragmentation. Latin American countries are experiencing a parallel fragmentation too, owing to new global crime problems of drug cartels and drug-related conflicts. Such vulnerabilities render African economies flat on their backs, while Latin American countries will have to work out doubly harder to insulate themselves from the burning economies and polities of the North.

Fortunately, we see the light of the globe in the very positive developments that are going on in East Asia (ASEAN + India + China + Korea) as their respective economies soar the heavens and drive growth for the globe as a whole. Brazil’s socialist president Rousseff was just elected to power, thus sustaining a general welfare program begun by his very popular predecessor Lula.

Light for the globe is coming from the South, from Asia and the dynamic economies of South America. For as long as such growth exemplars abound, the planet is will not fall into the Hades of another Dark Age.

Clearly, it is the northern countries and their dirty operators that foment troubles across the planet, that are in dire straits. As they seemingly stretch out their hands to engage the dynamic South in cooperation, their leaders at the same time bad mouth China and countries of the South like dirty pests. Such doublespeak is sociopathic, and is indicative of the fragmentation and fascistic behavior brewing up North.

For as long as we have leaders and states that operate along a perspective of ‘dialogues of cultures’, the world will continue to be a livable place. The contagion of the ‘dialogue of cultures’ is powerful enough to make waves, neutralizing the demonic ‘clash of civilizations’ peddled by the intellectual prostitutes of the global oligarchy.

Sometime back, our own patriot Andres Bonifacio turned into a rallying banner for inventing a new nation-state. May each and everyone of us go back to the virtues taught to us by our founding patriots, and let us espouse their very own cause for creating strong nation-states while we also continue to enlarge our spheres of influence for a ‘dialogues of cultures’.

Mabuhay kayong lahat! Long live!

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Friday, November 26, 2010

YOUR ESTEEMED RECOGNITION OF THIS BLOGGER WARMS THE HEART, THANKS!

Prof. Erle Frayne D. Argonza
November 2010

Felicitous greetings to you all!

Let me continue to reverb the message of a most heartfelt gratitude to you enthused readers and fellow analysts/writers who appreciate my notes on society, wisdom, and self-development.

My own eyes continue to witness the rise of end-users and discussants, as I visited the search engines to monitory those sites that have quoted or discoursed on my writings. My social blogs ensue being esteemed among the world’s top sociology blogs, warming up my heart ceaselessly.

With your impeccable appreciation and support of my cyber-crusade, information about me on the internet expanded by several folds.

Special thanks to the following online news, magazines and portals for citing my notes as among the top blogs on cyberspace:

 http://thedailyreviewer.com
 http://humanitariannews.org
 http://www.nonprofit.org
 http://sociology.alltop.com
 http://clpl-india.com
 http://pul.se
 http://asiafinest.com
 http://newestnews.net
 http://topcityblogs.com

Thanks too to the following sites that have cited, discussed and debated on various notes of mine about a diversity of topics and themes:

http://adamsmithlegacy.com
http://alltop.com
http://artsandsciencesfilipiniana.blogspot.com
http://asean-society.org
http://awakento1.org
http://bedico.multiply.com
http://benjaminmangubat.multiply.com
http://blissnbaguio.multiply.com
http://blog.searchaid.info
http://blog-yemek-tarifi.com
http://boardreader.com
http://botd.wordpress.com
http://cantbustme.com
http://castasiaforum.org
http://cc.bingj.com
http://cewek-cantik.com
http://conceptsinproduction.com
http://connect.in.com
http://csmotes.com
http://culturalrelativism.blogspot.com
http://deepmarket.com
http://domainsbyip.com
http://dprogram.net
http://dumiabimdanbella.info
http://eastasiaforum.org
http://eeeph.netbooks.ph
http://en.wasalive.com
http://esthernababan.blogspot.com
http://eternalgodliness.punt.com
http://ewss.ifrance.com
http://extrafastnews.co.cc
http://facetopics.com
http://forum.prisonplanet.com
http://forumpolis.com
http://fototoday.net
http://garneringrightideas.com
http://globalbalita.com
http://groups.google.it
http://hubpages.com
http://iamretromanila.multiply.com
http://jeffmahonc.com
http://jk22.blogspot.com
http://josephparton.com
http://koha.nip.gov.ph
http://lanaodelsur.inetgiant.com.hp
http://leathernews.myip.org
http://lovingenergies.spruz.com
http://luciotanwatch.blogspot.com
http://marketingkristin.ning.com
http://maryraab.wordpress.com
http://mixx.com
http://mmsnews.cz.cc
http://mountzion.ning.com
http://nisim-tw.com
http://nonprofits.info
http://nuip.net
http://omgili.com
http://online-profitsnow.com
http://opitslinkfest.blogspot.com
http://origin-bx.businessweek.com
http://paper.li
http://peacocksandlilies.com
http://penditasuvarmabhuni.blogspot.com
http://petites-phrases.com
http://pipl.com
http://pirs08.webs.com
http://politekon.blogspot.com
http://psychicdirectory.wallwack.com
http://pulitika2010.wordpress.com
http://revspeech.proboards.com
http://r-domain.net
http://shopswissskydiver.net
http://surchur.com
http://tibak.freeserver.com
http://trendbuzz.com
http://tweetmeme.com
http://webpac.lib.nthu.ed.tw
http://wordsdomination.com
http://www.123people.com
http://www.abs-cbnnews.com
http://www.aidworkers.net
http://www.answerbag.co.uk
http://www.asean-society.net
http://www.asiafinest.com.br
http://www.ask.com
http://www.blogged.com
http://www.blogsope.net
http://www.buildhome.tizo.pl
http://www.carboncapturereport.org
http://www.cnn.com
http://www.davidicke.com
http://www.deepmarket.com
http://www.drunkduck.com
http://www.elib.gov.ph
http://www.familycommitment.org
http://www.finir.org
http://www.fiskedepan.se
http://www.godlikeproductions.com
http://www.hcrefund.com
http://www.icerocket.com
http://www.iyou.me
http://www.jamesoo.com
http://www.linkedin.com
http://www.longislandrealestatecentral.com
http://www.lowongankerjajulis.com
http://www.mb.com.ph
http://www.mixx.com
http://www.mode.org
http://www.mynewsdigest.com
http://www.onlineobchody.com
http://www.pakspectator.com
http://www.peekyou.com
http://www.pep.ph
http://www.pointsdevente.com
http://www.politicaltaxes.com
http://www.psychantenna.com
http://www.pubsub.com
http://www.rehabfromdrug.com
http://www.samepoint.com
http://www.spiritbond.com
http://www.tapatt.net
http://www.theakan.com
http://www.toluu.com
http://www.topix.com
http://www.untitledarchive.com
http://www.usforcenews.info
http://www.wallcloud.net
http://www.wealthyauthority.com
http://www.westpalmferrari.com
http://www.wopular.com
http://www.yasni.co.uk
http://www.zitrend.com
http://www.zoominfo.com
http://www3.mbl.sp1.yahoo.com
http://vd.finline.2y.net
http://yasamkadin.com
http://yoga-experts.info

Gracious thanks to you all! Mabuhay!

ERLE ARGONZA SUSTAINS WORLD ALLTOP BLOGS ASCENT!

Magandang araw! Good day to all endeared fellow global citizens!

A truly gladdening news has been breaking the cybersphere of late. Prof. Erle Frayne Argonza, a social analyst and self-development guru from Manila, has been continuing to gain mileage in his magnanimous efforts to enlighten humanity about the current social and cosmic issues.

To date, dozens of online newspapers and magazines across the globe have featured Prof. Argonza’s writings on their very own websites. Championing the causes of peace and global cooperation, Prof. Argonza has continued to reach out to enthused readers, writers and spiritual seekers. The latter contributed to the upsurge in the numbers of citations of Argonza’s writings aimed at accelerating awareness-raising.

For your reads and exchange of notes about Prof. Argonza’s blogs, please visit:

SOCIAL WRITINGS:
http://unladtau.wordpress.com, http://erleargonza.blogspot.com

WISDOM WRITINGS:
http://erlefraynebrightworld.wordpress.com, http://cosmicbuhay.blogspot.com

ART & POETRY:
http://erleargonza.wordpress.com, http://argonzapoem.blogspot.com

Join now the growing numbers of global citizens who find Light in Prof. Argonza’s englightening blogs!


Argonza & Associates Consulting
November 2010



TOP BLOG SITES:

 http://thedailyreviewer.com
 http://humanitariannews.org
 http://www.nonprofit.org
 http://sociology.alltop.com
 http://clpl-india.com
 http://pul.se
 http://asiafinest.com
 http://newestnews.net
 http://topcityblogs.com

CITED ARGONZA BLOGS FOR DIVERSE THEME DISCUSSIONS & ANNOTATIONS:

http://adamsmithlegacy.com
http://alltop.com
http://artsandsciencesfilipiniana.blogspot.com
http://asean-society.org
http://awakento1.org
http://bedico.multiply.com
http://benjaminmangubat.multiply.com
http://blissnbaguio.multiply.com
http://blog.searchaid.info
http://blog-yemek-tarifi.com
http://boardreader.com
http://botd.wordpress.com
http://cantbustme.com
http://castasiaforum.org
http://cc.bingj.com
http://cewek-cantik.com
http://conceptsinproduction.com
http://connect.in.com
http://csmotes.com
http://culturalrelativism.blogspot.com
http://deepmarket.com
http://domainsbyip.com
http://dprogram.net
http://dumiabimdanbella.info
http://eastasiaforum.org
http://eeeph.netbooks.ph
http://en.wasalive.com
http://esthernababan.blogspot.com
http://eternalgodliness.punt.com
http://ewss.ifrance.com
http://extrafastnews.co.cc
http://facetopics.com
http://forum.prisonplanet.com
http://forumpolis.com
http://fototoday.net
http://garneringrightideas.com
http://globalbalita.com
http://groups.google.it
http://hubpages.com
http://iamretromanila.multiply.com
http://jeffmahonc.com
http://jk22.blogspot.com
http://josephparton.com
http://koha.nip.gov.ph
http://lanaodelsur.inetgiant.com.hp
http://leathernews.myip.org
http://lovingenergies.spruz.com
http://luciotanwatch.blogspot.com
http://marketingkristin.ning.com
http://maryraab.wordpress.com
http://mixx.com
http://mmsnews.cz.cc
http://mountzion.ning.com
http://nisim-tw.com
http://nonprofits.info
http://nuip.net
http://omgili.com
http://online-profitsnow.com
http://opitslinkfest.blogspot.com
http://origin-bx.businessweek.com
http://paper.li
http://peacocksandlilies.com
http://penditasuvarmabhuni.blogspot.com
http://petites-phrases.com
http://pipl.com
http://pirs08.webs.com
http://politekon.blogspot.com
http://psychicdirectory.wallwack.com
http://pulitika2010.wordpress.com
http://revspeech.proboards.com
http://r-domain.net
http://shopswissskydiver.net
http://surchur.com
http://tibak.freeserver.com
http://trendbuzz.com
http://tweetmeme.com
http://webpac.lib.nthu.ed.tw
http://wordsdomination.com
http://www.123people.com
http://www.abs-cbnnews.com
http://www.aidworkers.net
http://www.answerbag.co.uk
http://www.asean-society.net
http://www.asiafinest.com.br
http://www.ask.com
http://www.blogged.com
http://www.blogsope.net
http://www.buildhome.tizo.pl
http://www.carboncapturereport.org
http://www.cnn.com
http://www.davidicke.com
http://www.deepmarket.com
http://www.drunkduck.com
http://www.elib.gov.ph
http://www.familycommitment.org
http://www.finir.org
http://www.fiskedepan.se
http://www.godlikeproductions.com
http://www.hcrefund.com
http://www.icerocket.com
http://www.iyou.me
http://www.jamesoo.com
http://www.linkedin.com
http://www.longislandrealestatecentral.com
http://www.lowongankerjajulis.com
http://www.mb.com.ph
http://www.mixx.com
http://www.mode.org
http://www.mynewsdigest.com
http://www.onlineobchody.com
http://www.pakspectator.com
http://www.peekyou.com
http://www.pep.ph
http://www.pointsdevente.com
http://www.politicaltaxes.com
http://www.psychantenna.com
http://www.pubsub.com
http://www.rehabfromdrug.com
http://www.samepoint.com
http://www.spiritbond.com
http://www.tapatt.net
http://www.theakan.com
http://www.toluu.com
http://www.topix.com
http://www.untitledarchive.com
http://www.usforcenews.info
http://www.wallcloud.net
http://www.wealthyauthority.com
http://www.westpalmferrari.com
http://www.wopular.com
http://www.yasni.co.uk
http://www.zitrend.com
http://www.zoominfo.com
http://www3.mbl.sp1.yahoo.com
http://vd.finline.2y.net
http://yasamkadin.com
http://yoga-experts.info

Wednesday, November 24, 2010

HONORING ANDRES BONIFACIO, PHILIPPINE PATRIARCH

Erle Frayne D. Argonza


Magandang araw! Good Day!

I will dedicate this piece to the late patriot Andres Bonifacio, founding Supremo of the first national liberation movement in the Philippines. We will be celebrating National Heroes’ Day on the 30th of November, largely as a commemorative day to honor the feat of one of the founding patriarchs of the Republic of the Philippines.

The Philippine Republic was the first nation-state in all of Asia, a historic milestone that was later emulated by the patriots of other countries who were decided on breaking away from the yokes of imperialist Western control and domination. To recall, the core patriots of the years 1880s through 1890s were Jose Rizal Rizal, Andres Bonifacio, and Apolinario Mabini who can be considered as our founding patriarchs here.

A plebian by class, Bonifacio was sired by a state official who was equivalent to vice-mayor of Manila in the latter half of the 1800s. Hispanic a man, the father married a native, thus birthing the mestizo tot Andres. The father died though while Andres was still a very young boy, and so Andres was compelled by circumstance to help earn money for his family as a teenager.

Young and poor as he was then, his mindset was no ordinary plebeian but intelligentsia. He did self-learning through voracious readings, and it was through his studies that he encountered the works of the liberals of Europe (liberal at that time was to the Left of the center). At the time of the launching of the Philippine revolution, his library had an appreciable collection of books.

Joining the fraternity of freemasonry during his formative years, he was offered the opportunity to immerse with young nationalist patriots whom he met in his fraternal order. Having witnessed the cruelties of the Spanish authorities and friars, he got more convinced each day of the non-negotiable goal of an independent republic sooner or later.

It must have been through the network of freemasonry that Bonifacio was able to learn of the enormous sacrifices of Dr. Jose Rizal (also a freemason) whose books he read. In 1n the early 1890s, Rizal, who was out of the country for a decade (he wrote his searing anti-friar novels in Europe), finally decided to come home to wage a legal battle for Philippine independence from Spain. Bonifacio was among those young freemasons who volunteered for Dr. Rizal’s new club called Philippine League (equivalent to a civil society coalition today), the sociopolitical club that could have waged the campaigns on the legal front.

Unfortunately, the hyper-conservative Spanish authorities banned the League from operations and incarcerated Rizal barely three (3) days upon the launching of the club. History’s wheels simply moved on, and in 1896 the authorities decided on executing Rizal after a sham and farcical trial.

Witnessing how the noble League was sadistically clamped down and its officials gagged and detained, Bonifacio realized that the parliamentary path to independence was futile an option. From then on, together with youthful patriots, he launched a secret society—Most High & Venerable Order of the Scions of the Nation (KKK in Filipino)—that was to serve as the vehicle for rallying people to wage an insurrection in the short run.

And so the rest was history. The KKK did grow slowly at the start, and then rapidly upon modification of organizational methods. In 1896, before Rizal was executed at the Luneta Park, the colonial authorities discovered the KKK’s existence, thus giving way to series of events leading to open war versus Spain.

Though he never saw the light of day for the independent republic (short-lived as the USA invaded RP and grabbed it), his exemplary feats were nevertheless recognized by the true patriots of the nation. The seed of the modern nation planted by Rizal and empowered by Bonifacio’s liberation movement, was later to be calcified in policy and institutional form by Mabini, who became prime minister and executive secretary in the cabinet of the 1st president, Emilio Aguinaldo.

Bonifacio’s zeal for social change lives among us patriots of the Philippines, and inspires many Asians as well. May his exemplary feats and selfless sacrifice in the pursuit of the highest noble cause continue to guide us change agents in our daily lives as we build shared visions for a brighter world of the future.

Mabuhay si Gat Andres Bonifacio!

[Philippines, 22 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Monday, November 22, 2010

ASEAN BETTER LAUNCH THE ASIAN MONETARY FUND NOW!

Erle Frayne D. Argonza

Buoyed up by the positive economic performances and regional integration efforts of ASEAN member-states, let me ensue with the ASEAN agenda, and articulate this time the matter of the Asian Monetary Fund or AMF. What makes the urgency of constituting the AMF even more exigent is the recent pronouncement made by the Asian Development Bank or ADB about the same theme: launch the AMF now!

The idea of an Asian Monetary Fund actually began with the late strong man Ferdinand Marcos of the Philippines. Awash with colossal hoards of gold, Marcos vouched for the creation of an Asian Monetary Fund that shall function as monetary stabilizer, steward of an Asian currency, and financer of bold development projects.

As per note from some of his own former close supporters (they were my fellow economists in the Independent Review, c. 1998 to 2000), Marcos was very eager to back up (securitize) the Asian currency with his very own gold hoards (they amount to hundreds of trillions of US. $ today).

It was too bad that Marcos had downside images among the global financiers, who conspired behind the scenes to overthrow him. They never liked the idea of an AMF that will compete with their stooge thug bank International Monetary Fund, and they were salivating to control his gold hoards. The Trilateral Commision in fact undertook steps toward aiding the process of social turbulence to unfold in the Philippines, turbulence that eventually overthrew the dictator.

It took some time before the AMF idea would resurface. The opportunity for resurfacing came with the Asian financial meltdown of 1997. That crisis saw the region’s currencies attacked by an insidious cabal of Western oligarchic financiers fronted by George Soros, who all rested happy from their criminal currency attacks that fattened their coffers by the trillions of dollars.

Thus came the technocratic and public policy responses to the crisis of that time, with the Asian Monetary Fund idea floating to the surface as a viable option. Necessarily, the stabilization of currencies will come with the institution of an Asian currency, which came alongside the AMF idea.

It then took many years of haggling and bargaining before a continental resolution was finally signed into a sort of a memorandum of undertaking. To recall, the former Speaker of the House of Representatives (Philippines), Hon. De Venecia, took much pains to legwork Asian leaders into finally signing the concordat and presenting the same to the Philippine state leaders for immediate action after accomplishing his mission.

This time around, it is the Asian Development Bank that has taken the cudgels for pushing for the urgent institution of the AMF. As articulated in a previous article, the ADB is among the continental institutions that can aid in launching an ASEAN central bank (circa 2015) as well as an Asian Monetary Fund.

Since the ASEAN is the most actively engaged regional formation among Asians, it is the most logical body that can facilitate the launching of the AMF. Its country members could easily role play the core membership of the AMF, with the quid pro quo that the latter will aid ASEAN in forming its regional central bank comes 2015.

As early as the late 90s yet, this analyst was very highly supportive of the institution of an AMF and Asian currency. The launching of the currency alone will catalyze the stabilization of monetary-fiscal environments, and can even out the very uneven cost of living situations across countries.

AMF would surely be of great help to insulating Asia’s emerging markets versus the destructive undercurrents of the economic crises of North America, Europe, and Japan. It can likewise aid enormously in regional trading efforts, precisely by securitizing and/of directly financing the pioneering and expansion efforts of exporters.

I would, however, add a caveat to the AMF’s formation: securitize the operations via a gold reserve standard or equivalent. The eradication of the gold standard in 1971 is among the factors behind monetary-financial instabilities and emergence of criminal financial predators over the last four (4) decades, predators that were responsible for de-industrialization, agricultural decay, and economic decline altogether.

The launching of the AMF shouldn’t be delayed a day longer. The global economic roof is collapsing due to the structural defects of the northern economies, and so as a measure of mitigation the region’s own economies be insulated from that crash through launching of the AMF, buffering financial collapse via collective money reserves for contingency uses, and instituting the Asian currency very soon.

To re-echo the theme: there is no better time to constitute the AMF than now. Act now, before it is too late!

[Philippines, 17 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Saturday, November 20, 2010

ASEAN ADOPTS RP’S NAUTICAL HIGHWAY

Erle Frayne D. Argonza


Good day to you all! Magandang araw sa inyong lahat!

Let me return to the ASEAN, after delivering my kudos to Latin Americans and Brazilians over the presidential victory of the socialist Madam Rousseff there. How I wish that the ASEANians can emulate the audacious social policies of Brazil under the stewardship of the outgoing leader Lula and incoming Rousseff.

For the good news, the information has already been disseminated that the entire ASEAN is adopting the ‘nautical highway’ program of the Philippines. Accordingly, the planning stage for a regional nautical highway is now under way, with the program most likely implemented way before the 2015 economic integration here.

A brilliant idea, the nautical highway concept was actually hatched by Gloria Macapagal Arroyo, the previous president of the Philippines. A technocrat-politician, Arroyo surely found a remedy to the sluggish and inefficient transit of people and cargo across the seas in the archipelago.

To recall, Arroyo was an economist and academic before she joined government. As president of the country, she achieved the feat of solving the fiscal problems and doubling national income within a 9-year span. The Philippines finally graduated to middle-income country status during Macapagal’s incumbency.

Infrastructures also expanded by many folds during Arroyo’s incumbency. Roads, wharves, airports, levees, dams, and diverse public works benefited immensely from the boom years of her aegis. Within the context of the transport infrastructure programs did Arroyo conceptualize the RORO (roll on-roll off) nautical highway.

Executed with very high success levels, the nautical highway proceeded to deliver the expected result of accelerating the transit of people and goods across the seas. The RORO also brought down the cost of ship transportation, hence engendering a more mobile poor folks who could nil afford long distance travels.

As already elucidated in a previous article, it would be excellent if the nautical highway would be interlinked with a forthcoming regional railway. More excellent if the nautical highway, roads, railways, and airports would be interlinked in such an exquisite design of transport hubs.

ASEAN-wide planning takes a longer time than national planning, as there would be a preference for consultative process in the planning exercise. Let’s just hope that the planning phase won’t take longer than 1 & ½ years at the most, with the final output passing through a last grassroots or community hearing for discussions and feedbacks.

That means that as early as 2012, the regional RORO will be implemented. Infrastructure, technology, and logistical support will need to be installed and/or allotted by the 1st quarter of 2012 to ensure fast implementation of the program.

With the program implemented, hopefully the poor folks in the coastal areas won’t have to travel to islands of other countries by risky motored banca or canoes. The RORO ships would bring down risks, travel costs, and make travels very comfortable for poor folks and monied middle class alike.

This analyst highly appreciates the latest ASEAN collaborative efforts for building a regional nautical highway. May the planning, implementation, and monitoring/evaluation of the future program come forth with stunning success.

[Philippines, 16 November 2010]


[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Thursday, November 18, 2010

BRAZIL’S ROUSSEFF IS NEW PREX, KUDOS!

Erle Frayne D. Argonza


Good day to you all! Solidarity greetings to all the Brazilians and South Americans!

Another leader of the Workers’ Party of Brazil just won the presidential polls. Lula da Silva’s former presidential aide, Lady Rousseff, is among the leaders of the socialist party in the rapidly surging emerging market, and will sit as the new chief exec soon after garnering the presidency in a closely fought presidential contest.

Already sick and tired of the globalization policies that only mired Brazil in poverty hovels, the voters decided to cast their vote for a second time around now. Not only that, Brazilians are also terribly sick of the militarism that encumbered the country closer to the ambit of the Anglo-American oligarchy and rendering it into a puppet of America amid unlimited tortures and deaths on anti-tyranny detractors.

As the latest electoral exercise had shown, an exercise that is buttressed by the economic surge of Brazil and its ballooning middle class, the route to sustained democracy and economic growth is the most longed for direction for the nation. Militarism is out and any return to worn out dictatorship is getting to be a remote possibility each day.

With the ascent to power of the socialists, the redistributive policies that ambitiously addressed poverty, hunger and unemployment were tried and tested in an erstwhile anti-populist country. A cash transfer program to the poorest of the poor achieved enormous mileage during Lula’s incumbency, a program that directly addressed the social equity problems that plagued Brazil since its independence from Portugal yet.

Globalization hit the underclasses so hard, with hyper-inflation in the 1990s driving prices up so madly that the poor laboring folks just can’t keep up with the spiraling cost of living. A similar incident also brewed so hot in neighboring Argentina, which saw the ascent of the Left there as a popular anti-globalization collective action.

Lula and the Workers’ Party rode abreast the rising tide of anti-globalization sentiments, with Lula ending up as the world’s most popular chief executive. Sweeping social policy reforms were instituted, supported by a dominant constituency. In almost no time at all, poverty and hunger were addressed and largely solved, and many Brazilian poor graduated to middle income status.

Lula thus left his office with a very memorable historic record of seeing Brazilians graduating to middle class due to his stewardship. Brazil has joined the select group of ‘emerging markets’, or those economies with large populations, a significant middle class, and growing at rapid rate.

Rousseff would most likely take Brazil to the next level, which is the institution of regulatory reforms that will bring Brazil closer to a ‘social market’ economy. A hybrid economy it will be, akin to China’s and Vietnam’s respective economies.

Whether Rousseff and aides will go for a full capital & monetary control policy regime remains to be seen though. What is clear, from a fiscal & monetary point of view, is that financial instruments will be further stretched to sustain the social equity efforts achieved by Rousseff’s predecessor.

On the political front, the new chief exec will be steward over a nation that will exert greater sovereignty and sustain the climb to regional power status. On the global political level, Brazil will be among those countries popularly called upon to constitute a new balance of power alongside the nascent Asian giants China and India.

Hopefully, through Rousseff’s auspices, a Brazil-Argentina binary power entity can stir Latin America away from flawed liberalization doctrines & policies towards stronger social policies, economy driven largely by domestic demand (strong middle class), and an independent and non-aligned Latin America that will stay closer with fellow developing countries.

Such a Latin America, to my mind, can move on to sustained high growth rates that will duplicate Asia’s growth patterns. Should Latin America join Asia in creating a broader zone of global growth drivers, the possible plunge of the global economy towards a ‘dark age’ due to the economic fiasco up North will be averted.

Let me extend my own kudos to Madame Rousseff and the voters who brought her to power. Congratulations and goodluck to your incumbency, Lady Rousseff!

[Philippines, 15 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Monday, November 15, 2010

PACQUIAO WINS, WILL BE MAN FOR ALL SEASONS

Erle Frayne D. Argonza


Pacquiao just won his latest fight versus Margarito Teves. Kudos to our grand global champ!

What can I say of Manny Pacquiao, I can but think of a plethora of accolades for this humble fighter-turned-global athlete. Not only that, today he is also a legislator of the House of Representatives of the Philippine Republic or RP, where he is expected to champion advocacies for the marginal classes where he came from.

The fight was really a predictable one. Like Pacman’s fight with Clottey, analysts and sports forecasters were of the opinion that Pacquiao will take the throne for his 150-lb class, though the victory will be more of a decision win rather than a knockout.

Even before the fight began, I was already in a mood to pity the Mexican boxer, hoping that he won’t ever get whacked so bad in the head that can tragically take him down the canvass. I knew that he would become a veritable punching bag like most of Pacman’s past title adversaries, which indeed happened as forecast.

As to what was the key factor behind Pacman’s victories, this latest one included, let me re-echo what I’ve stated in previous articles about him: sports science was the cutting edge factor. Freddie Roach constituted a Team of experts, with him at the helm, who ensured a highly studied and calibrated training for Pacman.

Such a training is indubitably state-of-the-art, which is parallel to those trainings in other sports that are science inclined. Sports science calibrates everything, from nutrition/diet to the fight kinetics. I am very keen on this myself being a one-time competitive powerlifter, and I know the discipline needed to win in a competition.

Pacquiao at the commencement of his career was a “bara-bara” fighter whose training was more of a physical education or P.E. format. It took quite some time before he shifted his format, with the help of his trainer F. Roach who would become his permanent trainer and career counselor as well.

Pacman incidentally possessed a high level of emotional intelligence marked by excellent learning attitude. High E.Q. plus high physico-kinetic intelligence are his core inner traits that would match with the rigorous coaching and scientific training from Roach & Team Pacquiao.

Without doubt, Manny Pacquiao is the best boxer of all time, as he won world champ in a total of eight (8) divisions. His agility and acumen will be remembered for all time and will be the subject of boxing pre-fight studies in the future.

He is a much better boxer than Muhammad Ali, to my very own surprise and glee. Surprise because I’d never imagine a fellow Filipino gaining global prowess as he did. Glee since he makes me so proud of him and of my being a Filipino.

His career marks a turning point in Filipino sports trainings, demonstrating thus the enormous power of sports science as a cutting edge tool for winning. His ascent to global quality fighter has inspired many Filipino boxers to go his path to global fame too, a reality that undercut the Mexicans and Thais as the top contributors to world class boxers.

So prestigious has the Filipino boxer become that even in Mexico any top-ranked Filipino boxer is revered as a hero. And that, my friends, is another surprise phenomenon for me and my compatriots. Knowing how patronizing the Mexicans are toward their compatriot athletes, I really could hardly figure out how they’ve come to openly revere Filipino boxers who are welcomed to their places like heroic kings.

Conclusively, Pacman will end up as a man for all seasons. He will be well studied in sports science institutes and universities. Biographies after biographies of him will be writ by enthused writers. Even long after he’s gone, the tots who comprise his global fans today will be narrating Pacman’s feats to their great grand children. Gurus of success, the likes of John Maxwell, will also be discoursing on him as an exemplar of career and financial success.

Mabuhay si Manny Pacquiao! Mabuhay ang Pilipinas!

[Philippines, 15 November 2010]

Saturday, November 13, 2010

ASEAN’S THORN IN THROAT: BRITISH & AMERICAN IMPERIALISTS’ DIRTY ENGAGEMENTS

Erle Frayne D. Argonza


It definitely feels great to see my country and region booming economically at this time, boom marked by strengthening currencies, bourses, and investment environments. However, the climb of ASEAN to economic prosperity is being hampered by the rouge manipulations of the Saxon Empire—British imperialism and U.S. hegemonism combined.

Western empires are on the decline now, and will continue to fragment in the years to come. However, the greedy oligarchs of the said empires, notably the Saxons’, will always have dirty things to hatch and manipulate client-states, relentless acts that can ensure the gravitation of the latter towards the power orbits of the former.

Take the case of the USA. Already declining as an economic power, it still nurtures the mad agenda of a future war versus China and Russia, and is so desperate to control the necks of Indonesia and the Philippines as its obedient client-states. Obama may be the civil libertarian that he was as a young man, but those days are over, and he is performing the presidential role of his imperialist Saxon nation.

As of the 1990s yet, the USA was already in the heat of nurturing client-states in the ASEAN, with the agenda of isolating China in the long-run. Signing of ACSA (acquisition & cross-servicing agreements) were done in flurries of diplomatic talks (read: subtle bullying) that resulted to the likes of Indonesia and the Philippines being hooked up anew to the USA’s militaristic pursuits (the Philippines already abrogated the Military Bases Agreement that decade, only to sign an ACSA treaty later!).

Meantime, the British Empire, led by Queen Elizabeth herself in behalf of the Anglo-Dutch oligarchy’s interest, had long held the necks of the Sultan of Brunei, Lee Kwan Yew & leaders of Singapore, and King Bhimibol & bureaucratic puppets of Thailand. Inside Myanmar there’s the puppet Aung San Suu Kyi, while in Malaysia there’s Anwar Ibrahim.

Now, knowing the links of Aung San and Ibrahim to the British oligarchy, you should not wonder why the Mahathir leadership of Malaysia jailed Ibrahim while Myanmar’s generals continue to house-arrest Aung San Suu Kyi. The media moguls of both the West, who are in league with Queen Elizabeth and the American elites, have done every demonizing they can versus Mahathir and Myanmar’s generals, but have told nary an expose about the connection of Ibrahim and Aung San Suu Kyi to the Anglo-American-Dutch oligarchy.

The greed of the British & American oligarchs is very insatiable, they already had a taste of such greed by attacking the currencies of East Asia in mid-1997. That dirty operations, to recall, was executed by George Soros and the Quantum group’s 99 or so financiers, a dirty act that began with the attack on the Baht and expanded like wild fire to take on the ringgit, peso, and other currencies of the region.

Almost overnight, the developmental gains that took the East Asians many decades to build were wiped out! In just a couple of weeks or so, around $1.5 Trillion were taken home by the Soros & greedy financiers, while more were taken out as ‘hot money’ investments in the ASEAN were rapidly withdrawn by the same circle of financiers.

ASEAN is to a great extent being consumed by the clientelism or imperialism of the British and Americans, a reality that contributes to both political and economic instabilities in the region. For as long as the member states of ASEAN will play fiddle with Saxon imperialism, the region will take time to arise as an autonomous economic and political power on the global front.

In some other writings of mine, I already delved into the drug traders in the region, a coterie of operators who are directly tied up to British financier interests. British drug traders are in a modus Vivendi with the Chinese mafia circles, a balance of trade that shouldn’t be offset so suddenly. This trade balance ensures unhampered British dirty drug operations in the ASEAN that is a portion of its drug operations in the entire Asia from East to West of the continent.

The same drug operators were identified by economic intelligence teams as having direct tie ups or representatives of the Inter-Alpha group of companies, a group that practically controls banking & finance in Europe and America. (See reports of the Executive Intelligence Review, The Guardian, and related news for the matter.)

In some other articles, I already articulated the British & Americans’ creation of jihad groups across the region and Asia. So much studies were already done on the matter, so many exposes of the link between Al Qaida and the British Intelligence & CIA already published by other observers. With jihad terrorists roaming the region, America thus has the rationale to stretch its muscles to intervene militarily in affected countries, thus reinforcing intelligence gathering by Americans at grassroots levels in ASEAN.

Empires are definitely tough to crack and knock out. Hence, ASEAN’s encounters of many thorns in the neck from the generic Saxon empire will ensue for some more time before it will be able to establish its secure autonomy.

[Philippines, 14 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Thursday, November 11, 2010

ASEAN LAND BRIDGES & RAILWAY SYSTEM

Erle Frayne Argonza y Delago


Magandang umaga sa lahat! Good morning to everyone!

This analyst will continue on the ASEAN theme and will focus on road networks & railways for this piece. The region is now preparing the foundations for its conversion into an economic union by 2015, so it would be a productive engagement for citizens of the region to put forward their ideas about how to let the region grow and prosper, such as the idea about land bridges articulated here.

Each member country of ASEAN is now developing infrastructures at different paces, thus rendering each country with gaps in terms of road networks and railways. Such I gap, I believe, can be narrowed if the entire region will conceptualize, design, and begin laying down today the foundations of a region-wide road network.

The grand project can be dubbed as ‘land bridges program’ for the goal it can aspire to attain: that of linking all of the member countries into interfacing and interloping highways. There will be defining expressways in each of the countries that will then be integrated, expanded, and closed gap where certain spaces lack them, thus creating a seamless expressway serving as ‘land bridges’ across the entire region.

Running parallel or inter-linked with the road network would be a gargantuan railway system—of maglev technology—that will be part of the land bridging efforts. Transport hubs can be constructed in certain areas where the road facilities and railway can interface. Each member country can choose to link up its railways (running on electricity and diesel) with the regional maglev to comprise a yet another complex network with awesome potency for stimulating growth.

Such a grand project, which when interlinked further with the Mekong integrated project, will serve as multiplier effect in stimulating growth and development for all of the member countries without exception. The flow of peoples, goods and services, and investments across borders will thus increase by many folds, propelling further the generation of wealth for the union.

With the ASEAN central bank and ASEAN development bank running by 2015 and onwards, it becomes facile to fund the gargantuan land bridges project. The implementers will include private construction & development companies in the region as well as banks that can fund the project’s phases from the side of the private builder-constructors.

The project will enhance the synergy of trucking, train, and shipping down the ground and waters. Such effectively done, there will then be a reduction of moving people and goods by airplanes that can then have greater space for mobility.

The land bridges project can spur more ambitious civil engineering, so that civil works can move on to build tunnels beyond 2 kilometers below the ground. The same engineering efforts can then build tunnels across islands and help to ease out the burdens on ships as the link between island components of the road network.

The same project can also facilitate the inter-connection of the ASEAN to a new ‘silk route’ now rising across the Asian continent. The entry points will be India and China, which the union can cooperate with in building linking infrastructures. With such a possibility turned into reality, one can travel by road and trains from Luzon in the Philippines onwards to the Europe, permitting enjoyment of wonderful landscapes across many lands.

Movements of peoples, goods and services to and from the giant neighbors will also move up by many folds with the land bridge project linked up with the ‘silk route’. Ships and planes can be unburdened a bit by such a twist of development, and can then accommodate more goods & services for other continents and regions.

Regional institutions can be erected to design, manage, and regulate the conduct of construction as well as future traffic along the expressways and the railways flows. There should be transparency and efficiency in the bidding of contracts, so that early enough the governance components of the future political union can already be erected.

It is very likely that the project will be highly welcomed by the peoples of the region. The business sector, notably the constructors & developers, could hardly wait to dip their hands into it as soon as the call for participation by the ASEAN will be in place. It will surely leapfrog the region’s catching up with the developed world and with China, rendering it a potential global economic power in the foreseeable future.

[Philippines, 11 November 2010]


[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Tuesday, November 09, 2010

ASEAN AEROSPACE PROGRAM

Erle Frayne D. Argonza


Magandang araw! Good day, most especially to fellow Southeast Asians!

For this piece I’m going to focus on the theme of an ASEAN-wide rocket industry-based aerospace program. ASEAN is about to integrate economically by 2015, so may the member states put in the list of agenda for action the launching of a regional aerospace program.

As the region’s member countries grow at immense rates, the middle class of the region will likewise grow that will serve as its sustaining consumption base. A large middle class will mean a higher demand for telecommunications infrastructures that will, in the main, depend on satellite and related facilities.

So, instead of each member country trying to outdo each other by launching their respective rocket industry-based aerospace programs, the countries better sit down together within the aegis of an ASEAN economic union, concur a binding agreement regarding the launching of an ASEAN aerospace program, and fund the entire program internally from ASEAN resources.

With an ASEAN central bank in place by 2015, it wouldn’t be so difficult to generate funds internally for all sorts of grand projects from infrastructures to aerospace. An ASEAN development bank would then be securitized by the central bank and allocate funds for the aerospace program.

Malaysia today is in the stage of research & development for a rocket industry and has begun training & development for its technical experts. It may be prudent for the ASEAN to assign to Malaysia a lead role in orchestrating the ASEAN aerospace, with the quid pro quo of compensating Malaysia for lending its expertise and certain aspects of the backward linkages for the future industry.

The aerospace program would largely be used to launch satellites and only secondarily for space research & development. The space R & D can come later, maybe at a time when the ASEAN will be prepared for political unification in the long run.

With a satellite industry in place, the ASEAN can then compete with other market stakeholders (countries & regions with satellite industry) to supply and launch the satellites of other developing countries. Project costs can be cut down at the satellite production phase, thus bringing down prices of ready-to-launch satellites and ensuring patronage by many developing countries.

All of the essential components—at the backward linkages—of satellite production are now present as running industries in the region. From metallurgy to computer software & hardware, name it and the region has it. Hence the viability of satellite industry is very high enough.

It is in the domain of rockets that the ASEAN would need to co-partner with other countries at the production phase. It can be an option for ASEAN to co-partner with Russia that can supply the rockets that will launch ASEAN’s satellites. China and India are other options also for supplying the rockets.

However, in the long run the economic union should work out to establish a strong rocket industry for itself. The rocket industry can spin off into a more comprehensive program later, one that can be extended to launching R & D in other planets and their respective moons, space tourism, and sending missions beyond the solar system.

Rocket technology can also be modified so as to integrate it into the mining industry, so that in the long term ASEAN can mine for metals in other celestial bodies. Environmental standards are getting to be stricter by the year, standards that can constrain the extraction of rare & precious metals regionally, so the alternative in such a context would be to mine for the metals in other celestial bodies.

The aerospace program is one developmental area that will prove the potency of a regional approach to launching it contrasted to country-initiated approach. Given the gargantuan level of funding that a rocket industry cum satellite industry will entail, funding that a member country will be hard put to supply, then regionalize the program altogether to circumvent country constraints.

[Philippines, 07 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Saturday, November 06, 2010

$100B MEKONG INTEGRATED PROJECT TO BOOST ASEAN POTENCY

Erle Frayne Argonza y Delago


Magandang araw! Good day!

Around two (2) years ago, I articulated in one article the gigantic project that will rise in the Mekong River very soon. I was at that time already very supportive of the project, a support that I will re-echo at this moment.

For those unfamiliar with the project, a plan was hatched at the middle part of the decade for an integrated project along the Mekong River. Since the river begins upstream at the China side, China logically has to be involved in it. Finally, with blueprints for implementation on the go around 2007 yet, China committed to fund the projected cost of $100 Billion.

So huge a project, it will have couples of components into it. Power generation, irrigation, flood control, transportation, and tourism comprise the core sector components. A project of that size is four (4) times bigger than China’s own 3-Gorges Dam (it cost $23 at 2000 price index) and could be the largest that the world will ever have experienced once fully accomplished.

Benefiting approximately 300 million beneficiaries along its courses, the project is bound to spur development and generate incomes many folds larger than its total investments. If we use the econometric index of annual income yield that is 10X, then we can expect an annual income yield of $1 Trillion from out of the upstream and downstream industries induced by the project.

Since China is involved in it right now (as implementation is going on), then we expect China to receive the ROI (return on investments) in the widest expanse of benefits possible. That means, once fully operational, China will infuse more investments in the region to fully benefit from the project alone. The ROI will then be much greater than the original $100 accruing to China alone on an annual basis.

We can therefore hope for an excellent win/win situation for China and the ASEAN countries involved (Vietnam is the lead country executor). In the long run, we should hope that the same project would accrue to the growth & development of the entire ASEAN region that is bound to institute an economic union by 2015.

A win/win formula for the ASEAN itself is for it to use the Mekong project as exemplar to design and implement similar projects in other member countries, particularly in island southeast Asia. A particular office can be created in the ASEAN secretariat to oversee and help similar projects that can spin off in other parts of the region.

Since an ASEAN central bank is due for institution by 2015, let us expect that monetary instruments for financial packages can be had for gigantic infrastructure projects of the magnitude of the Mekong project. Probably an ASEAN Development Bank can also rise alongside the central bank, thus reinforcing the potency for launching gigantic projects that will be financed internally by the region itself.

If ever the ASEAN will wish to tap other countries for co-financing of the projects, it should be the emerging markets as top priority such as China, India, and Brazil, countries that will be more sympathetic to regional development. The option will help us veer away from the mal-intents of Northern banks that tied up developing countries in debt peonage and won at the expense of the developing countries.

As a matter of goodwill, ASEAN should better enter into the picture and look at other facets of the project that the future union can fund. The expansion phases of the Mekong project, for instance, can be taken over by the ASEAN itself, thus lessening dependence from external funders.

There are always pains to any large project, these being part of the costs of any undertaking. Nonetheless, the Mekong project should be supported and must go on until full completion. This will render it as an exemplar just right in time for the creation of the ASEAN economic union by 2015.

[Philippines, 05 November 2010]


[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Thursday, November 04, 2010

ASEAN TRADE LIBERALIZATION, PREPS FOR 2015 UNION

Erle Frayne Argonza y Delago


Will the ASEAN ever achieve economic integration that its member states have long dreamed of? Being an advocate of ASEAN unification, let me once more share thoughts about my humble region.

Binding rules of tariff reforms are now in the offing for implementation this year across the region, a proof that the unification efforts are going on despite internal barriers. The original ASEAN 5 –Philippines, Indonesia, Malaysia, Singapore, Thailand—are the most prepared for execution of the rules, while Brunei can test-case them as it has the resources to cushion off negative repercussions if ever.

Agreed, the continental countries that are catching up in their development—Vietnam, Cambodia, Myanmar, Laos—need some breather space of five (5) more years to be considered as executors of the same rules. They can catch up, rest assured, so collective trust should permit their self-confidence to propel themselves to high growth.

Economic integration can induce enormous growth and fast-track development in the region altogether. Pushing through with the integration would yield a result that no more member country would be poor by as early as 2020. In other worlds, every country would move on to middle income country status, fast-tracked in its growth momentum by the economic union.

Integration would go beyond tariff reforms, for a reminder. An economic union would need central institutions to note: (a) central bank, (b) regional currency, and (c) related regulatory institutions. Governance institutions, such as a regional parliament and executive council, can undergo deeper study and preparatory formation right after 2015 (political union will take a longer time to traverse).

As to a regional currency, do note that Asian countries have already agreed on a resolution to create an Asian Monetary Fund and an Asian currency. The former speaker of the Philippines’ House of Representatives, Speaker De Venecia, was a prime mover in getting the Asian states to agree on the matter. With him out of power now in the legislature, some other key personalities in Asia should take on the cudgels for implementing the resolutions.

There are surely kinks to be resolved in matters pertaining to economic sector priorities. ASEAN countries tend to compete with one another in certain manufactures and services, so the resolutions could yield an elimination of competition and/or concurring cooperation among the competitors concerned.

ASEAN integration is coming at a time of an evolving paradigm of mixed land use. This paradigm, on a macro-level, could justify well the existence of all key manufacturing and services in a member country, thus undercutting complaints about competition across borders.

Population-wise, the ASEAN will be 700 million head-strong before 2015, which renders the region as a gigantic one. Imagine if just half of the population will be middle income in status, the class that can sustain consumer spending across time. That would be a 350-million head count serving as the economic powerhouse at the household level!

In terms of aggregated Gross National Product or GNP, the figure is nearing $3 Trillions for the region. The prospect of the ASEAN overtaking Japan is no longer remote, a possibility that can happen before 2020. Such a possibility, however, can best happen should economic integration take place as scheduled, an eventuality that will render more focused managing of economic policies and governance reforms that will fast-track growth & development.

Meantime, we can only wish for now that the trade reforms will push through, thus resulting to a semi-integrated economy. The semi-integration will produce pronto a context of ‘import-substitution’ on a regional scale, which I think is a long-overdue goal in the region.

From hereon, ASEAN has only over four (4) years to resolve the last kinks, study the integration directions inclusive of institutional designs. It will be 2011 in just two months’ time, with we hope will be another auspicious year for the humble region and its noblesse diplomats, experts, and leaders.

[Philippines, 03 November 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]

Tuesday, November 02, 2010

WESTERN MAN’S SOCIOPATHY IN CHINA-BASHING

Erle Frayne Argonza y Delago


Good day to my fellow global citizens!

The USA and European states have been raising the alarm bell recently of a China that has been manipulating its currency to undermine the economies of the former. That is the perception coming from the West, a perception that is dangerously warped, so let me share some reflective thoughts about the matter.

The Western Man, nay the White Man has been manifesting a shared abnormality of sorts: that of resorting to a ‘bogey man’ discourse in order to justify an invasion or destruction of another nation and its people. The malady lies at the very root of the collective psyche of the Western Man, and seems to be incurable.

‘Bogey man’ discourse means the Western Man has the penchant for looking for someone or some country to blame for its own defects. It is a case of collective projection of their defects on other peoples, whom they would then demonize without let up as part of a collective catharsis. The catharsis could then break up into a great war in the foreseeable future which will be conducted with sadistic passion that is no longer human but ‘demonic’.

Didn’t the West recently create Jihad terror groups that they used for some time in their campaign against their collective nemesis, the former Soviet Union? Then, eventually, the jihad movements became the very ‘bogey man’ targets of the Western Establishment to justify the destruction of nations and peoples, such as what they demonstrated versus Iraq and Afghanistan.

Not even contented with the anti-jihad rhetoric that the Western media had hyper-hyped, the Western Man has been into every Asia-bashing ‘bogey man’ discourse over the last five (5) years or so. The Japan-bashing discourse led to the humiliation of the Sony Corp owners and the inflammation of anti-West passions right inside Japan itself.

There also is the increasing resort to India-bashing rhetoric in the West, which has been coming at a time when Indians are being murdered by the hundreds every year in Australia (a Saxon nation). Indian investors and executives are the targets of media attacks and dis-information by the very same White oligarchic forces that have been salivating for a control of the ‘smart money’ coming from India.

At this juncture, the West with the USA as the lead force has been elevating to crescendo level the China-bashing discourse. Multiple issues are being highlighted by detractors, such as the Tibet issue, human rights issue, and the hyper-valuation of the yuan/renminbi.

As already shared by experts across the world, the economic malaise of the West is largely an internal malady. Their very own economists, led by Joseph Stiglitz, have repeatedly pinpointed the structural defects of the economy, defects that are not being addressed properly as the Establishment has a different perception altogether (i.e. it is a cyclical problem).

In the late 90’s, I was among circles of political economist in the Philippines who foresaw the structural defects in Western/Northern economies. We forewarned the public of the coming failure of globalization and another depression that would hit both sides of the Atlantic.

Liberal economic reforms that began with the dropping of the gold standard yet (c ’72) and widened with the Reagan-Thatcher privatization initiatives, gave rise to the ‘virtual economy’ founded on predatory finance. The same predatory finance led to massive de-industrialization, agricultural decay, decline of S & T investments and new innovations, erosion of infrastructures, and neglect of transportation & communications. The latter sectors are the very foundations of the physical economy, the very ‘real economy’ that provides for jobs, social security, ‘safety caps’ for the masses, and long-term economic stability.

But predatory Western Establishment will have nothing to do with the facts, and will do everything to conceal the facts from the general public. The sociopathic elements, which sadly could afflict all of the key echelon people in the Establishment, are fascistically inclined to bamboozle and destroy every external polity and people that they can identify and project their defects unto.

So many peoples were already mass terminated and brutally killed on account of the same sociopathy of the Western Man. Just count how many hundreds of millions died due to the 1st and 2nd World Wars, add to the 37 millions that were killed due to America’s post-war military adventurisms.

The Western peoples should better forge a level of unity to solve problems by addressing the problems directly and reforming structural defects within their backyards. Nothing will be gained from flowing with their psychological defects that could lead to another round of mass terminations due to a global war that could explode soon.

[Philippines, 30 October 2010]

[See: IKONOKLAST: http://erleargonza.blogspot.com,
UNLADTAU: http://unladtau.wordpress.com,
COSMICBUHAY: http://cosmicbuhay.blogspot.com,
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,
ARGONZAPOEM: http://argonzapoem.blogspot.com]