GMA's wealth doubled since she became president  |
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 When I first heard this while watching the news, i was shocked. So I did a few research. During her presidency, her assets increase from P66.8 million in 2001 to P143.54 million in 2008. That's 114% increase. The Palace said that it has doubled because their family was investing in the stock market. According to analyst,this may be possible. But don't you think it is unethical to do so while she is president? And where did the 66.8 million came from? President Aquino's net worth increase only by 4.8% from 1989 to 1992. Fidel Ramos rose by 34.2% from 1992 to 1998. Joseph Estrada's asset on the other hand increase by 7.2%from 1989 to 1999. What are your thoughts?
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1.  skalofong (1023) | 4 months ago |  My comment for that would be "if our president is smart, she should not be showing that to public".
Wealth is ones a person desire but if you are in God you would not desire that for your own.... I know GMA is showing to people how she can control us and not being beat up.
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 king4aday (235) | 4 months ago | I think she thinks that she too smart to be caught. She is a very hard working president I'll give you that. And no one could deny that she has done a lot for the country. But 143 million pesos is way too much. She should not be acquring large ammount of money while she is president | |
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2.  24Champ (343) | 4 months ago |  It is indeed unethical and in fact it's a conflict of interest if she invested in stocks. You see, as a president, she can control the trends in the stock market because she is the one who approves economic policies and trade transactions. Likewise, it is no surprising if she has a first-hand access to an "insider's" tips or information in the Philippine Stock Exchange. As Winnie Monsod said, GMA should divest instead of invest.
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3.  tholitz (890) | 4 months ago |  Hi king4aday!
I'm not surprised at all. The latest SAL just showed how witty and smart our President in making progress to her own interest. The stock market and land selling thing was a crazy explanation to me, I don't think you could earned that much money unless you have used your power and position.
How I wish that our government agency such as GSIS, SSS and Pag-ibig have followed Mrs.Arroyo (I oblige to call her President anymore) and invest their funds in stock market.
Anyway, after you have consumed your life here in earth, there's only one thing you could left, a good and respectable name, and an intact dignity.
Have a nice day!
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4.  eichs1 (1307) | 4 months ago |  Well, she is an economist and more "wais" than the other presidents, what would you expect? She is indeed one of kind, she can turn stones into gold.
The problem is, now that we know, what then? Even if she gained those through legal means, there are still ethical considerations, but again, can you expect "delicadeza" from GMA? And can we ask the senators and congressmen or the proper government agencies to scrutinize this? How will they if in some way or another, they also have unexplainable wealth to cover up?
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5.  aerous (1973) | 4 months ago |  Hello friend,
Do you know laughter part on this issue?
Her cabinet secretary rimonde and golez, is forcing people to believe that the President, assets is doubled because she has invested more in stock market?
Are these two cabinet secretary, want to fool the citizen of the Philippines. Didn't know that investing in stocks is violation under the law because she has making personal interest. If we accept the facts the the President, has invest in stock market.
We do belive now, the oil price is not lowering it's price and the medicine because the president itself have invested on that area. So we cannot assure that electric bills and other necessary needs for the people of the Philippines, lowering price is only a joke...!
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| ybong007 (848) | 1 month ago |  You just gave me a great idea. If you want to get rich you have to research the companies where the president has investments since you are assured that stocks will not go down. Cheers!
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| aerous (1973) | 1 month ago | Hello ybong007,
Yup! That is a good idea, my friend. Because if invest to those companies. You are sure that your investment is doing well and not being lost because they are fear from the President and the President itself manipulating stocks if you know how to invest in the stock market...? Investing the stock market is one of the good source of income. But I don't know how to do it...Give me a little view, my friend...have a nice day! | |
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