Finalist-PhilBlogAwards 2010

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



Wednesday, April 13, 2011


Erle Frayne D. Argonza

Global oligarchs and their military-technocratic-political subalterns supported Noynoy Aquino’s presidency. Their bridgeheads here are the likes of the Makati Business Club, Cuisia-Paderanga Opus Dei troikas, and the oligarchs whose names sound Filipino but whose own businesses have grown global in scope.

Through the PPP or Public Private Partnerships, both foreign and local oligarchs have been partnering to monopolize benefits from economic growth. The terms ‘foreign’ and ‘local’ have already become erased in fact, obsolete to the hilt, as the borderless economy has been galvanizing by the day.

Below is another article I wrote during the electoral campaign period. Let us reflect on its contents, and see who have been gaining in the growth surge of the PH economy: the global oligarchs, or the poor folks?

[Philippines, 09 April 2011]


Erle Frayne D. Argonza
21 January 2010

This analyst has been a keen observer of the behavior of the global elites (‘military-industrial complex’ was coined for them in the 1950s) and their maneuverings in the Philippines and Southeast Asia. In a borderless global economic order, all the more have the global elites been flexing their muscles, with the aim of destroying nation-states in order to advance their pecuniary pursuits.

Come to think of it, this country never really was able to fully exercise sovereignty so as to effectively dis-engage itself from the global elites. As signatory to the Breton woods agreement that created the World Bank-IMF Group, this country had created enormous constrictions on its own growth and prosperity drives as greedy global oligarchs control its strategic business interests and loot its finances via liberalized currency and financial trading that the IMF-World Bank enforced.

The same oligarchic cabals (note the plural), through the Tri-Lateral Commission, were the ones who orchestrated the overthrow of the autocrat F. Marcos for stubbornly refusing to submit to their dictates. There was that juncture when Marcos released enormous amounts of gold in the global market, which effectively crashed the price of gold and angered the British-Dutch financial cartels.

The lynchpin personages in the country—political and business leaders—who serve as agents of the global oligarchs, are now aging, their influence plummeting in both public and private spheres. You can see the ‘who-is-who’ among these key crocodile players during the forum of the Makati Business Club, including that old hag of a technocrat who was World Bank’s chief operator in liberalizing the key sectors of the economy to equalize the playing field for foreign oligarchs such as those connected with George Soros (see Quantum fund investors).

My observation of unfolding political events shows that the global oligarchy is consolidating its support in just a single political team: the Noynoy Aquino-Mar Roxas Team. Noynoy recently spoke like a local George Bush who promised a friendly tax policy environment for Big Business, thus echoing the Jurassic Reaganomics policies of liberalization, privatization, deregulation, tax reforms, less subsidies for social services, and wage freeze.

Noynoy and the Liberal Party serve the interests of the global elites, they being the civil libertarian face to oligarchism. We wonder how the liberal agenda would cohere with their ‘bayan muna bago lahat’ cliché, since the same agenda serves oligarchic interest by creating an open door political context which will serve as the sweetener for uncontrolled greed by global looters and plunderers. Liberalism serves egotistical, self-aggrandizing pockets and not the nation & people.

It is pure and empty sophism, this liberal agenda so-called, the same sophism that served the interests in antiquity of the elites of Athens. The same Athenian oligarchy then waged ceaseless wars, with political sophists serving as public blinders for their true agenda: loot and ravage polities everywhere where their dirty hands can dip unto. Those wars—Pelopponesian Wars—led to the catastrophic decay of Greece and the destruction of its classical culture.

The agenda of the global oligarchy is to keep RP and diverse client-states into ‘weak states’ and ‘failed states’, so that eventually they can break up our nation and others into mini-states. Each mini-state will become private property of certain gigantic corporate groups, with their own corporate armies coming to their defense. The same oligarchs have already succeeded in fragmenting former Yugoslavia, and there’s no reason why they won’t proceed to bring such demonic successes to new levels such as to balkanize the Philippines.

Nationalism, not liberalism, is the ideology that can serve to galvanize us into a strong nation with strong institutions, and empower us to effectively neutralize the destructive agenda of the global oligarchy. We Filipinos need to stand together firmly against those forces that have been striving to destroy us from within and with-out, our bonds thus cemented by genuine nationalism patriotism.

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