Saturday, February 7, 2009

REMOVE THE FALSE SAFETY NET THAT IS THE GOVERNMENT

In the United States, there is the $50-billion scandal masterminded by Bernie Madoff. In the Philippines, we have the Legacy banks’ get-rich-quick scheme and the pre-need fiasco.

Such controversies bring about calls for the government to take action and just do something, if only to prevent another like occurrence. We have a pre-need code being ‘finalized’ in Congress for the past five years.

Also in Congress, we have another useless investigation supposedly ‘in aid of legislation.’ This is all part of the scapegoating process, where self-righteous, vote-scavenging government officials fingerpoint at other supposedly more remiss government officials, and say “Gotcha suckaz!” to naughty company executives.