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 have 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 rather wheeled out of the ICU was when he was told with videotape assurance that the prosecutors have waived their rights of cross examination if the defense will likewise waive their right of direct. Whether he was legally right 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.

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 in dollars his earnings 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 70’s, the peso equivalent then is 3,000 pesos. The 1,000 dollars plus a little interest (dollar account earns very little interest compared to peso account) will still be 1,000 dollars today plus little interest but the worth in peso will now be 43,000 + pesos meaning the 2.4 million is 2.4 million dollars then and now. CORONA IS GAMBLING ON FILIPINO’S IGNORANCE…

…but wait; the Ombudsman can dig deeper and I am almost certain that if Morales pursue 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.

I think 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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