Archive for July, 2011
Don’t look now, but the United States of America is at its eleventh hour to increase its debt limit. The Senate did not pass the bill favoring an increase of the debt to $2.7 trillion while decreasing the spending by $2.2 trillion.
U.S. President Barack Obama
If the U.S. government defaults on its deficit payments , chances are the
USD currency will be devalued grossly.
Personally I think this process of maneuvering
around the debt limit by the two parties has something to do
with the next elections.
President Obama, and his party, are visibly and determinedly
fighting for the middle income citizens.
For both parties, this sort of divisiveness is holy.
We are headed for a record number of hits for this month at 172,000 and counting. This does not include the number of hits from robots which were not viewed at 63,500.
Also noticeable is the number of requests for Bernadette Sembrano which has doubled for this month. Sorry, folks, I do not have anything on her yet.
If I finally get one of Berns, I will upload it asap.
I must admit that the AZKALZS outfit and its performance is the greatest thing that ever happened to Philippine soccer.
I must also say that the management was amiss in the choice of players, particular that of the goalie.
He should have been replaced the second time around, no offense meant, because he was also responsible for carrying the team this far.
The better for a soccer team if the goalie has a longer reach.
Ah well, the drive for superlative performances has been initiated. Next comes the laurels, right?
Congressional inquiries on these two government agencies may prove that there were skimming from the top and juggling of funds by the top.
PAGCOR controls gaming and Amusements, while PCSO controls the distribution of lottery incomes.
These agencies are big revenue makers for the past administration.
Funds were either pilfered or disbursed somewhere else.
Huzzah! Dairy farms!
Tears From Heaven, Bolts of Anger
The heavens shed tears to fill the waterways, flood villages, and destroy bridges.
The heavens are sad. The world has been ignored.
Rampant devastation of the world is underway without disruption.
And the heavens reply with warnings of floods and molten earth and vortices and quakes,
And with bolts of lightning with such ferocity and speed that could freeze the soul.
Seen here is such a fearsome display ablazed in the sky.
It missed the house, perhaps intentionally, because there are people in it.
After all, this is just a warning for people.
People should stop the wanton destruction of the world.
Beautiful as they are when seen crackling in the sky, still they can destroy.
Lightning bolts, beautiful as they are when angry, have yet to target people, intentionally.
What if they started to target people intentionally?
The SSS is a social security insurance agency.
So is the GSIS.
These are supposed to accept cash contributions from people who are employed by witholding a portion of their wages. These contributions are channeled thru the employers who then remit these amounts the the secial security insurance outfits. There comes the problem when the employer fails to remit these contributions to the insurance outfit. The contributors will not be able to avail of the benefits from the insurance company.
It should be remembered that these social security insurance agencies are, by definition, insurance companies and as such will therefore invest the contributors’ money and thereafter return them in full at a predetermined time with interest. So the employer should pay interest for the time money is witheld.
If the employer fails to remit these contributions on time then they are breaking the law and are therefore liable for court action. If the employer happens to be a municipality or a city, then actions aginst this employer should be done thru the local government, specifically thru the Department of Local Government.
As of now, GSIS have no teeth to penalize erring local government entities but the DILG has. Offhand I would say, garnish some wages or wage portions of the employers/employees.***
I would blame also the GSIS for sitting on their haunches and waiting for things to happen by holding back its services to the public.