SOLID PROOF OF PNOY'S INCOMPETENCE!

I can hardly wait how President Aquino, and Malacanang, will counter a report by no less than the Asian Development Bank (ADB) which clearly shows the INCOMPETENCE of Pnoy.

In case you missed in the news, guys, the ADB said that the Philippines was being held back in foreign investments by bureaucracy, poor policy, an apparent lack of a rule of law, high costs of labor power costs and doing business and POOR INFRASTRUCTURE.

Do I hear presidential spokespersons Edwin Lacierda and Abigail Valte saying ‘OUCH?’

To put the proverbial icing on the cake, the ADB added that “Everything is available on paper but in reality, is lacking. Processes are not transparent, not competitive, and not robustly prepared.”

So the million-dollar question now is what has Pnoy done for the past ONE YEAR of his presidency? Especially in the areas cited by the ADB?

Pnoy, and his boys,, CAN’T DENY that our power costs have remained SKY-HIGH since they assumed office. They’ll likely say, as always, that they just inherited the problem from the previous administration.

But consider this, guys: Pnoy HAS NOT DONE ANYTHING either to bring down power rates. Just like oil firms, Meralco, Napocor and the Power Sector Assets and Liabilties Management (PSALM) and power producers continue to LORD IT OVER the economy.

With FULL SUPPORT from Pnoy’s Government, spiced By SELF-SERVING press releases asking utilities firms to explain rate increases, before approving it just the same. Have you heard of even a single, COMPREHENSIVE audit of Napocor on where their funds go? I have not.

Anybody correct me if I’m wrong and I’d appreciate it, promise.

On poor infrastructure, I ask again: Do you know, or have you read or heard in media, of any new roads, bridges, railroads, airports or seaports which have BEEN STARTED or built, under Pnoy?

Pnoy claimed in his first anniversary address that 2,000 kilometers of farm-to-market roads have been built under his Administration. But up to now, the locations, lengths, contractors and other specifics behind this claim have not been enumerated by Malacanang.

Similarly, the Department of Education, Culture, and Sports earlier reported that thousands of classrooms had been built for this school year. But as to where, how much, for whom and other details, it’s still anybody’s guess.

On investments, the Central Bank itself revealed that investment inflows in the four months to April FELL BY 15 PERCENT.

Take note, boys and girls: Other than the practically DAILY BARRAGE of accusations against the former Administration, we don’t hear anything from Malacanang on whatr has Pnot achieved so far.

So Pnoy’s State-of-the Nation Address on Monday will be VERY, VERY INTERESTING. Let’s all listen to EVERY WORD he’ll say, as in every single word. 30