Three World Bank Rules for a Better Philippines

The Philippines needs new and better roads quickly. A project for more road building financed
by a $232 million World Bank loan was set to go, but the World Bank then held back on
financing because of apparently rigged and corrupt bidding on the project. Now Manila must
comply with three WB rules for the project financing to proceed--rules listed in the news item
attached below.

Often the WB is denounced as an imperialistic, U.S. controlled institution interfering with
national sovereignty. Well, the WB imperialism in this road project is great for our Filipino
people.

Incidentally, China, in the past 25 years has worked intimately and respectfully with the World
Bank and every so-called instruments of Western imperialism so as to advance four goals:

·         tap their productive resources to the limit

·        get booming at economic growth and nation-building

·        create millions of jobs for Chinese, and

·        acquire Western technologies most quickly.

Now, Wal-Mart is China's chief agent for distributing Chinese consumer products to the world.
And, Toyota, VW, GM are revolutionizing the Chinese auto industry that will soon be bursting
out to conquer world markets. And Chinese female students now reportedly overpopulate the
biotech labs of top graduate schools in America where the other member of that population are
old, white, Nobel Prize winning American male gurus.

We Filipinos have tended to be oversensitive and reject foreign investors and "imperialists" at
every turn.

Hence, exports per person of only $750 in the Philippines are lower than the $900 in China,
$7,000 in Malaysia and $99,000 in Hong Kong!   Now we Filipinos lack dollars to import
machines, create jobs, make Filipino workers productive, and build the nation.

Down with good-hearted but economically harmful Filipino false nationalists from Recto to
Tanada, Renato Constantino, Walden Bello and Ding Lichauco.   They made us fear and reject
foreign investors. Thus, foreign investment inflows per person to the Philippines have been
extremely low, usually only 4% to 6% as high each year compared to the inflows to four Asian
Tiger economies taken as a whole-- HongK, Korea, Singap, Taiwn--or HoKSinTa for short.

With the lack of foreign dollars and foreign investor brains in the Philippines, we have become a
brain-and-capital deficient nation lacking technology and ability to succeed as leaders in world
markets.

Have I already said that false Filipino nationalists and we, cooperating with them, have
impoverished us? We have been fools to tolerate them.   Down with them! (Am I repeating
myself?)

Up with modern Chinese and Asian Tiger global economic attitudes that we should import.
And.. and... most especially.. . up with, up with …

Up with EPIC25-- the Export & Prosper Investment Club for Rapid Philippine and FilAmerican
Tiger progress with at least 25% annual investment returns for at least the next 25 years (thus
duplicating Chinese and Chinese-American economic feats in recent decades).

Hey, why not join us, read the EPIC25@yahoogroups homepage, and then work with us, invest
with us to Tigerize the Philippines?

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Three World Bank Rules for a Better Philippines