Charter Change in the Philippines

Summarize the article to begin with summarizing the articleCHACHA call for for inclusive growth. I would like you to know that whatever sentences below ar incurn from the article. Thus, I do non answer for any ownership on nearly(a) other lines. The article is active Charter transform (CHA-CHA) must be pushed in the Philippines. It sites that our Constitution, is not hasten inappropriate investors to our mass media and advertise, public utilities, educational institutions, down ownership, and development of inseparable resources.The good news is, letting unusual investors to invest moreover in our stock market, not in actual capital goods and fixed investments. More everyw here, our death chair comp ard our country to mainland China who rear end afford to be restrictive of land ownership. This proves that we skunk alike encounter a growing rate. However, the government of China is more efficient than ours in implementing infrastructure projects. On the other hand, ever-changing our constitution pile be very simple, according to Feliciano Belmonte, What the legislators brush off do is to append the phrase except when otherwise provided by law to wholly in whole the restrictive stinting provisions.Though, it sounded simple, As the critics say, any unlimited ability to defile land could enable the rich Arabs or the Chinese to profane all the 7,100 islands of the Archipelago. Also, Bernardo M. Villegas suggest that the new exotic Investments Act should allow a 49 percent alien ownership also to assure the preservation of certain(a) national values that could be endangered in the hands of foreigners who may espouse such counter values as abortion, divorce and festal marriages.All in all, the massive entry of foreign investors regulated by the Foreign Investments Act can do much to make all the sectors of the Philippine rescue more competitive, with the resulting benefits to consumers in the form of lower prices, higher flavo ur of goods or services and greater productivity from the technology that foreigners ordaining get under geniuss skin with them. Explain why you agree or resist. Discuss your reaction At first, I disagree to Charter alteration or also cognize as CHA-CHA. We all might be interested to inclusive growth, join on investment in infrastructure and GDP. precisely let us try front to on the other side. Like, what atomic number 18 the possible consequences we may face? We all know that allowing CHACHA means letting foreigners/outsiders to take advantage on us. Allowing them to buy and be part of our mass media and advertising, public utilities, educational institutions, land ownership, and exploitation of natural resources. In short, we atomic number 18 giving them a chance to observe over our country. However, I tried to order more about CHA-CHA. As I have been reading, I cognise that I am over thinking of national security.And so, I started to agree with CHA-CHA. Basically r ight from the start, we are allowing ourselves to be part of CHA-CHA. The point is how? According to the website I have read at Technology and globalization have also rendered those Constitutional prohibitions meaning slight. In the age of the Internet, satellite television and social media, Filipinos are consuming their media message from sources all over. We can listen to a radio, watch movies, and read newspapers without dismantle going by means of a Filipino-controlled media outfit.Moreover, people can even count lectures and get a degree from a foreign university online. Therefore, these Constitutional prohibitions are such anachronisms and must be removed. This affected me very much, I objectiveized that CHA-CHA is not so bad at all. With this, we can rise our political and scotch institutions. All in all, I agree and disagree at the same time. Why is there a need for undertake motley? After reading articles on the internet, I have soundless that Charter change (C HA-CHA) forget better and revise our constitution.It is to reform some law and article. I am not saying that some condition is wrong, but what Im trying to say is that our constitution result be better if Charter change (CHA-CHA) allow be pushed. Moreover, here are some laws and Article that needs to be pushed/made (1) in our 1987 Constitution, there is no Anti-Trust law that prohibits monopoly and encourages competition between businesses. (2) Article 12 Protectionism, which makes the Philippines most restrictive in foreign investment. (3) Federalization, this will spread the economic wealth throughout the country.The reason why the Manila is very congested, is because of the turgid spread economic wealth, this is because there arent much jobs offered in some regions and so most country men are forced to emigrate in Manila which is becoming more congested. And those are the three laws and Article that I want to push through. Furthermore, I believe that with Charter change ( CHA-CHA ) our country will improve its education, infrastructures, public utilities, and exploitation of natural resources. With these we will be able to cast up our inclusive growth, increase investment in infrastructure and GDP.And so I believe that we need to push through Charter change (CHA-CHA ). How can such change getstart the economy? Charter change will be very helpful to improve our economy. Charter change (CHA-CHA ) attracts foreign investors, with these we will be able to increase our inclusive growth, increase investment in infrastructure and GDP. But the question is how? Like I said before, CHA-CHA will increase our foreign investors. These foreign investors will create businesses here that will need workers. And those workers will be us. Other than an increase in our investment it will also be a job opportunity for every Filipino.If there are job oppurtunities in our country, accordingly it means that there will be a decrease of OFW. The 100-percent ownership requi rement for media companies, including similar restrictions on the advertising industry, easily come to mind. Such prohibitions deny our media companies the chance to get foreign capital they need to be realness class. I recall that those restrictions were impose out of fear that our people will be subjected to unwanted foreign media influence. Well, in the age of satellite communications and cable television, that objective will not be met anyway.They just beam their programs to us from Hong Kong and Singapore, with both benefiting from their investments. We are precisely a market that outflows dollar payments to them. The 60/40 demarcation line on ownership of public utility companies is another outdated mandate. apt(p) the enormity of investments needed in these types of companies that are impossible to raise in this country, a properly regulated 100-percent foreign ownership should be upright to our consumers. Indeed, it is the only way to provide effective competition to n ational-grown monopolies.I also have no problems with liberalized citizenship rules. We are now a nation in diaspora, moderately much like the Jews. We are scattered all over the world not because we want to, but because we have to earn a li-ving somehow. A piece of paper does not define who a Filipino is. The mavin of being Filipino is in the heart. Since overseas Pinoys also have economic clout, they could play a key role in raising needed capital for our economic development. Jews in America enjoy dual citizenship and they present greatly to Israels economy.Why not similarly tap our Fil-Am brothers and sisters and all Pinoys elsewhere by allowing them dual citizenship? They are real Pinoys by blood and sentiment. On the form of government, I am ready to try a real parliamentary system. The semi-parliamentary experiment of Mr. Marcos does not count since the government system then was essentially dictatorial. I initially thought we need a Senate for the whizz of statesmanship needed to temper our legislature. But electing a statesman to the Senate has compel difficult these days. We have showbiz personalities being elected more out of popularity than ability.And with the apostrophize of getting elected nationally now out of hand, the Senate as a concept no longer works. Lets have a unicameral body that will at least save us time and money. A parliament working under the leadership of a flower see will have full responsibility for running game the government and passing the needed legislative measures. Hopefully, there will be no more buck passing. Failure is failure and the Prime Minister and his government must take full responsibility. A good Prime Minister can serve beyond the six-year presidential term.A bad one can be thrown out into the streets in a month without having to do another People Power event on EDSA. We can still elect a basically symbolic President who is the pass of state. This will allow the masa to still directly vote for Ferna ndo Poe Jr. or even Dolphy and do little damage to the functioning of government. With the Presidents function limited to such ceremonies as accepting the credentials of ambassadors and hosting visit dignitaries in state dinners, even a charming moron who has the token(prenominal) ability to read a ghost written speech can be President.That way, the country need not worry about an Erap disaster, i. e. , bestowing marvellous responsibility on a total incompetent, happening again. A organic assembly composed of the present members of Congress should do just fine. I dont believe a specially elected constitutional assembly would be better or any different. We will only spend good money to elect the relatives and friends of the current members of Congress simply because thats the power structure nationwide. Besides, a constitutional convention will likely prolong its job and will want to rewrite the completed Constitution.The last thing we need is another deliberative body and unend ing debates. Talk, contrary to popular belief, is not cheap. We only need a hardly a(prenominal) key amendments. We only have to give the constituent assembly a narrow mandate in the joint resolution to amend peculiar(prenominal) provisions and nothing more. Let us also stop this applesauce of accusing GMA or JDV of wanting charter change so they can be Prime ministers. They have both said they are not interested. Even if they are, so what? It is a new ball game and maybe with new rules, they can be more effective. For now, lets take their word for it so we can move on.I will concede that it would be better if our political parties are ideologically different from each other. But we just have to get started now or we will neer get there. Maybe, eventually we can have a real extract of party ideologies. In the meantime, we need the new basic rules and the political stability of not having to worry about another EDSA toppling a president. Even if we have to change Prime Ministe rs every month in the beginning, that would be less stressful to investors than the EDSA system which involves the armed services in an extremely harrowing process of leadership change.Let us not complicate this charter change business with extraneous baggage. We need some changes just so we can be economically competitive. While none of these changes constitute a nostrum and none is as good as a radical change of attitude in every Filipinos heart, a fewer well chosen amendments can give the economy a jump start. We dont have the luxury of time to debate these life-sustaining changes to death. Lets get moving fast before things sincerely get out of hand as in Joma returning home and not necessarily in hand cuffs.