RAPPLER.COM - CALIXTO V. CHIKIAMCO - Lessons from history for Pres Aquino
- If one were to recall, his mother, former President Corazon Aquino, restored democracy but the one thing she did not or could not do was to DISMANTLE the MONOPOLIES shackling the Philippine economy. That encouraged the coup plotters against her and her term ENDED WITH HIGH INFLATION, BUDGETARY DEFICITS, AND AN ENERGY CRISIS.
- If one were to recall, his mother, former President Corazon Aquino, restored democracy but the one thing she did not or could not do was to DISMANTLE the MONOPOLIES shackling the Philippine economy. That encouraged the coup plotters against her and her term ENDED WITH HIGH INFLATION, BUDGETARY DEFICITS, AND AN ENERGY CRISIS.
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