Wednesday, November 18, 2009

Aquino Truth: The yellows' dark age

An interesting article by Mr. Herman Tiu Laurel on the Daily Tribune

http://www.tribune.net.ph/commentary/20091009com6.html

I do believe that Cory should never have ceased the Bataan Nuclear Power Plant project. It caused the downward spiral of the country.

An excerpt:

"
As we begin with this piece, we find ourselves in more dark days, reminiscent of the great Dark Age in the late 1980s and early 1990s, during the time of Cory Aquino and Fidel Ramos. Those were the days of week-long blackouts that ensued from Cory’s mothballing of the Bataan Nuclear Power Plant, plus the cancellation of the mini- and large-scale hydro-electric dams and other alternative energy programs of Marcos. Millions of Filipino households and enterprises suffered staggering losses while the oligarch cronies of the Yellows, earned billions in supplying emergency generators. FVR’s Yellow business cronies then packaged almost 50 Independent Power Producer (IPP) contracts worth hundreds of billions of pesos. And just like déjà vu, we are again being plunged into blackouts."

Let's hope history doesn't repeat itself.

No comments:

Post a Comment