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Proxy Wars, Text and Power Plays

May 27th, 2008 by Patricio Mangubat

While everybody cringe at the cruel rise of oil prices, over at Meralco, things have heated to fever pitch. Today, stockholders of one of the country’s blue chip companies will battle it out for control of the utility firm. GSIS President and General Manager Winston Garcia is pessimistic of government desire to wrest control of the firm from the Lopezes, since, he presumes, this will be a proxy war. I hate to say it, but the very thing which Garcia is using to destroy the Lopezes, is the thing which would annihilate him and his allies come decision time.

However, it’s note-worthy to say that the Lopezes continue to show haughtiness, especially in the way they handled suggestions about live television coverage of the Meralco stockholders’ meeting. Cong. Golez and the rest of the nation wants the meeting covered live. The Lopezes refused. The people know that stockholder’s meetings should be private. Yet, the very nature of their business dictates that there should be live coverage since Meralco is a utility firm. The entire nation wants to know what’s happening there.

In truth, I’m not supporting Meralco. My stand is to carve it out into different franchises to encourage competition. However, I am not supporting government bid to takeover Meralco now since we know for sure that the utility firm will just be given to Gloria’s allies, namely, the Aboitizes, Garcias and the Alcantaras. Surely, this crown jewel of the Lopezes deserve nothing more than a clean bidding process. It should be managed by groups with the national interest at heart. It’s okey for them to recover their investments, yet, there should be more consideration on the public’s consumer rights than business interests. And the Lopezes want nothing of this sort.

Another haughty and posturing as God Almighty are these telecommunications firms. After the DOTC’s encouragement for them to make texts free for the people, these companies told us, their subscribers, that it’s better for them to just shut down the text system. Globe’s communications man, Atty. Salalima said that they spend millions maintaining their text systems. Everyone knows that text is free everywhere, except here. And it’s a free feature, a manna, brought by cellular technology. Surely, these firms have been raking it by the billions of pesos since text was introduced here. And surely, it’s time for them to give at least something back to the suffering public.

Hateful is government’s desire to break these monopolies in Filipino lives but to hear these powerful blocks justify their immoral charges against the Filipino purse is loathsome, to say the least. If this government is not being run by Gloria and her devils, these attacks against Meralco and the telecommunications firms could have been supported by the masses. The plan is laudable except the reason why there’s no apparent support from the people is the fact that everyone knows it’s just a show by Gloria to get billions from these firms. And for what?

For the continuing perpetuation of this evil regime beyond 2010. Gloria is supporting popular causes now to get a new lease of life before the eyes of the public. And for what? For that insidious plan of 2020 which in the next few weeks, we will unravel before the eyes of the world.


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