The Right Thing, at The Right Time
The 275 B Maharlika Wealth Fund proposal in House Bill 6398 is not only ill-timed but also does not fit the fundamental prerequisites of the concept of Sovereign Wealth Funds (SWF) creation in many countries, most of which are gas, oil, or mineral-rich economies. It aims to gather government funds, not from surplus reserves but by tapping private and public pensioners’ contributions without their consent when the state’s paramount obligation should be investing instead in many pressing issues concerning the agricultural, health, and education sectors, and the plight of poor Filipinos after the COVID-19 economic devastation.
Rushing into the approval of this legislative measure without the due diligence of studying its costs and benefits can do more harm than good to the ordinary Filipino, supposedly the primary stakeholder of such a fund. The strongest argument against it now is that we do not have a source of funding for it in this period of economic crisis, with government debt recorded at 13 trillion as of September 2022. While it is geared toward long-term planning and investment, the right timing is essential, and strict ethical considerations must be publicly addressed regarding controversial issues in transparency, accountability, and fund management.
TRIVIA:
Kudos to the Treasurer’s Office of LGU-Naga for its impressive efficiency in service delivery. It took only fifteen (15) minutes for my wife Minda and me to pay our property tax.
QUOTATION OF THE WEEK:
“SUCCESS IS SIMPLE. IT IS DOING THE RIGHT THING, AT THE RIGHT TIME, IN THE RIGHT WAY” -Arnold Glasow
FOR OUR WORLD OF LIFE:
“LET US NOT LOSE HEART IN DOING GOOD, FOR IN DUE TIME, WE WILL REAP IF W DO NOT GROW WEARY” -Galatians 9:6
Looks like you’ve got a great collection! The designs are sleek and stylish. The LATAM Airlines JFK Terminal provides convenient airport facilities and passenger services for travelers flying with LATAM Airlines from John F. Kennedy International Airport. Passengers can receive assistance with check-in, boarding passes, baggage drop-off, flight schedules, seat-related inquiries, and other pre-departure requirements. Travelers can also find information about baggage allowances, airport procedures, and special assistance services, including wheelchair support and other accessibility arrangements. Passengers should check their flight details and terminal information before arriving at the airport, as airport operations and terminal assignments may change.
Great work putting together such useful information. The section on Relocation Services is worth reading.
Efficient vehicle maintenance services play a crucial role in keeping transportation and logistics businesses running smoothly without interruptions. Whether it’s trailer issues or engine breakdowns, having access to dependable roadside support ensures operations stay on schedule. Services like Trailer Repair provide essential assistance, helping businesses minimize downtime, improve safety standards, and maintain consistent performance across their fleet operations.
Travelers and aviation enthusiasts often search for the lufthansa headquarters address to learn more about the airline’s central administrative location. This headquarters serves as the main center for corporate leadership, operational planning, customer service oversight, and strategic decision-making. It coordinates Lufthansa’s global network, ensuring efficient management of flights, services, and business operations across numerous destinations. The office also supports innovation, safety initiatives, and long-term growth strategies that strengthen the airline’s position in the aviation industry. Information related to the lufthansa headquarters address can be useful for business inquiries, corporate communication, and understanding the organization behind Lufthansa’s worldwide operations.
The southwest airlines denver airport terminal is located in Concourse C at Denver International Airport (DEN), one of the busiest hubs in the Southwest Airlines network. Passengers traveling through this terminal can access convenient check-in services, baggage claim facilities, security checkpoints, dining venues, retail stores, and comfortable waiting areas. Southwest Airlines operates numerous domestic flights from Denver, making the airport a key connection point for travelers. To ensure a smooth experience, passengers should arrive early, verify gate information before departure, and allow enough time for security screening. The terminal is designed to support efficient and hassle-free travel.