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Friday, May 25, 2012

…biting the bait of men’s lies, deception and political filth


…biting the bait of men’s lies, deception, and political filth



Corona has scored and scored big, and whether it was his idea or his defense, it matters not. We knew from his look that his poor health was all a ruse. The wheelchair was his biggest gun so far, except of course the genius of Serafin Cuevas. I still believe that Corona had no intention of being subjected to cross-examination last Tuesday, and the only reason he suddenly walked, or instead wheeled, out of the ICU was when he was told, with videotape assurance, that the prosecutors had waived their rights of cross-examination if the defense would likewise waive their right of direct. Whether he was legally correct or not to omit mentioning his 4-dollar accounts in his SALN is for the senator judges to decide individually when they cast their vote to convict or acquit. I am sure they will have different interpretations, and although he was not being prosecuted for ill-gotten wealth, the senators will consider the amount of 2.4 MILLION DOLLARS.Z

THE LIES AND DECEPTION:

It looked like the public, the senator judges, and the prosecutors bought Corona’s explanation that he earned the 2.4 million dollars by wisely keeping his earnings in dollars, whose value ballooned from the 70s to what it is today. If you are an OFW earning in dollars, you know that it is a lie. IT IS THE VALUE OF YOUR DOLLAR IN PESO THAT BALOONS; NOT THE VOLUME OF YOUR DOLLAR. If you have 1,000 dollars in the bank in the 70s, the peso equivalent then is 3,000 pesos. The 1,000 dollars plus a little interest (a dollar account earns very little interest compared to a peso account) will still be 1,000 dollars today plus little interest. Still, the worth in pesos will now be 43,000 + pesos, meaning the 2.4 million is 2.4 million dollars then and now. CORONA IS GAMBLING ON THE FILIPINOS' IGNORANCE…

…but wait; the Ombudsman can dig deeper, and I am almost sure that if Morales pursues an investigation of ill-gotten wealth against Corona…she will find dirt. Those bank records with detailed transactions she got from the Anti-money-laundering Council don’t lie.

It will be wise for Corona to resign if he is acquitted, so Malacanang and the Ombudsman can leave him alone and live happily ever after. If he is found guilty, he can run for the Senate. He will almost certainly get elected and stay in the limelight ever after :-0 

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