The Maharlika Wealth Fund (MWF) that House Bill No. 6398 seeks to create has drawn such wide opposition from a broad spectrum of critics, including the President’s own sister in the Senate, that one has to wonder if it has any redeeming value at all. Much of the resistance seems based on distrust. It doesn’t help that its main sponsors are led by the President’s cousin and his wife, who are Speaker and party-list representative in the House of Representatives, respectively, and the President’s son, also a congressman. These alone raise a red flag. Then they had to choose the controversial name from the spurious guerilla group that Ferdinand Marcos Sr. claimed to have led during World War II, and the name he favored at the height of his dictatorship to rename the country with. The bill also has the President himself chairing the fund’s Board. But giving more substantive basis for the distrust are unsettling provisions granting the fund and its company blanket exemptions from taxes, … [Read more...] about Drop the Maharlika fund
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close Video Border crisis is a ‘humanitarian problem’ that the Biden admin continues to cause: Art Del Cueto Former National Border Patrol Council Vice President Art Del Cueto provides perspective on the U.S.’s persistent migrant crisis and the surge of known ‘gotaways’ that have occurred under the Biden administration. NEW You can now listen to Fox News articles! The U.S. nearly two-year-old border crisis continues unabated, yet Senate Democrats and some Republicans are foolishly resuming a push to grant amnesty to hundreds of thousands—and perhaps millions—of people living in this country illegally. There is a simple test to determine if a given policy will reduce illegal immigration , and amnesty—whether for DACA (Deferred Action Childhood Arrivals) recipients or any other group—clearly fails the test. Illegal aliens coming to the U.S. generally want five things. They want to enter the country, stay here, work here, send money home, … [Read more...] about Amnesty for DACA fails border security test
By HANNAH SCHOENBAUM (Associated Press/Report for America) CARTHAGE, N.C. (AP) — Tens of thousands of people braced for days without electricity in a North Carolina county where authorities say two power substations were shot up by one or more people with apparent criminal intent. Across Moore County southwest of Raleigh on Monday, businesses handed out free food or coffee and businesses without internet conducted transactions in cash. One local economic official described the area known for its golf courses and local pottery as “eerily quiet” at a time of year when businesses are normally full of tourists and holiday shoppers. County schools were closed. Traffic lights were out throughout the county. Drivers treated intersections as four-way stops, which caused some traffic in places such as downtown Carthage. A consistent hum of honks could be heard as people signaled to each other when they should go at each nonfunctional traffic light. Many local businesses and restaurants … [Read more...] about North Carolina power outages could last days after shootings
The road to hell, they say, is paved with good intentions. And today that well-worn phrase perfectly describes the loudly trumpeted mission by British politicians to combat the vile phenomenon of modern slavery, both here and abroad. However laudable the goal in theory, its consequences have been hugely destructive in practice. Indeed, it is now increasingly clear that this noisy focus on modern slavery in recent years, far from protecting the vulnerable, is instead helping to fuel misery and exploitation. It has become a tool used by people-smuggling gangs to intensify their cruel trade in human cargo and a weapon wielded by unscrupulous lawyers to halt the deportations of illegal migrants. Instead of strengthening our immigration system, it has become another catalyst of chaos, further undermining the authority of ministers and reinforcing the justifiable impression that our country is a soft touch when it comes to border control. LEO MCKINSTRY: This noisy focus on … [Read more...] about LEO MCKINSTRY: The good intentions behind our modern slavery laws are being abused to fuel misery and exploitation
Before dawn on a recent day in the port of Seattle, dense autumn fog hugged Puget Sound and ship-to-shore container cranes hovered over the docks like industrial sentinels. Under the dim glimmer of orange floodlights, the crew of the tugboat Millennium Falcon fired up her engines for a long day of towing oil barges and refueling a variety of large vessels, like container ships. The first thing to know about barges is that they don’t move themselves. They are propelled and guided by tugs like the Falcon, which is owned by Centerline Logistics, one of the largest U.S. transporters of marine petroleum. Such companies may not be household names, but the nation’s energy supply chain would have broken under the pandemic’s pressure without the steady presence of their fleets — and their crews. “We’re a floating gas station,” said Bowman Harvey, a director of operations at Centerline, as he stood aboard the Falcon, his neck tattoo of the Statue of Liberty pivoting from the base of his … [Read more...] about If There Is a ‘Male Malaise’ With Work, Could One Answer Be at Sea?
SAN LUIS DE PUÑA, Peru — At a livestock market high in the Andes Mountains in northern Peru, Estaurofila Cieza recalled the joy that erupted in the region when a fellow campesino, or poor farmer, was elected president last year. “Everyone celebrated. Every last one of us,” Ms. Cieza said. “We thought, ‘finally, someone who knows what it is to work the land.’” Last year, Pedro Castillo became Peru’s first left-wing president in more than a generation after campaigning on promises to address the poverty that rural Peruvians have long disproportionately suffered, and which worsened under the pandemic. But today he is engulfed in crisis with questions multiplying about whether his presidency will survive. The leader’s setbacks comes as Peru is saddled with economic travails that have hit Mr. Castillo’s rural base especially hard. In less than a year and a half in office, Mr. Castillo has named five different cabinets, faced six criminal investigations and, on Wednesday, … [Read more...] about He Vowed to Transform Rural Peru. Instead He’s Facing His Third Impeachment.