Funding for “Back-to-Basics” Governance and Economic Empowerment

by Bobby Reyes

| Photo by Kevin Harber via Creative Commons/Flickr

Part XIX of the “ReVOTElution of H.O.P.E.” Series

This column has written many proposals for policy and decision-makers not only of the Philippines but also of the United States and, to a certain extent, Mexico. I also provided them ideas on where to get the funding to do the projects that we proposed. For example:

  • Jan. 31, 2021: Funding Biden B2B Doctrine’s Medical Centers to Fight Pandemics (Part VI) at this link. The Philippines and Mexico were suggested to be the locations of the first couple of medical centers with funding coming from sources mentioned in the article.
  • April 21, 2021: How to find funding to vaccinate 90-million Filipinos in 90-Days at this link:
  • April 28, 2021: How ‘VaccSCENE’ and ‘VaccSIN may not spare the Philippines the fate of India” at this link. It proposed the channeling — to the people’s basic needs healthcare, affordable houses and other necessities also — the equivalent of US$16.5-billion (spelled with a “B”) in pork-barrel funding being spent yearly by Filipino congresspersons and senators and the Office of the President for project (usually for public works but done without much accountability and transparency).
  • June 23, 2021: Healthcare Can Spell Victory for the OFW/OF Nation-led Slates at this link. The idea of using the value-added tax (VAT) in the Philippines to fund a universal-healthcare system in the Philippines was elaborated in this article.
  • June 30, 2021: The ‘ReVOTElution’ Is Being Done in Leyte at this link. This article discussed the mechanics and funding for the schooling and training of Filipino nurses, some 3-million of them, as Board-certified, can be fielded to remedy half of the 6-million worldwide shortage of nurses. The World Health Organization announced the coming shortage that would happen by 2030. And how to increase the minimum wage to PH pesos 1,000 per day and to augment the income of farmers by operating vineyards and fruit mini-plantations for fruit-wine massive production. All of these ideas were discussed in this segment.

“Imagine if the Philippines were to engage in joint ventures with the Filipino American community and local private and public American, Canadian, and or Mexican stakeholders with a capitalization of tens of billions every year?”

The “NAFTA” three country-signatories compose the world’s biggest super-economic zone. Ergo, a new Philippine government can spend $16.5-billion per year for socioeconomic projects and investments in the 81-provinces of the country and North America. Imagine if the Philippines were to engage in joint ventures with the Filipino American community and local private and public American, Canadian, and or Mexican stakeholders with a capitalization of tens of billions every year? Then the Philippines can become the North American partner and conduit to and from the ASEAN community of countries, with more than half a billion people (read, consumers).

Many American economic-and-financial whiz kids of Filipino descent can help the Philippine government rally the Filipino-American community that used to earn — before the pandemic — more than the US $92-billion per year. The Fil Am counterpart of investment can easily double the capital input of the Philippine government and Filipino taxpayers and cooperatives. And within a decade, every region in the Philippines may receive more than 3-billion investments in U.S. currency. There are 15 regions in the Philippines plus the National Capital Region.

Why should the Philippines have to anchor its economic development to North America? Because the Philippines has a land area (if all the 7,700 islands were to be compressed in one big island) that has nearly the same size as the Great State of Arizona. Imagine Arizona with a population of nearly 120-million and with the City of Phoenix and its suburbs with a homeless population of 3.1-million (just like in Metro Manila, which is the homeless capital of the world). And approximate more than half of the population earns the equivalent of two American greenbacks per day.

“The Fil Am counterpart of investment can easily double the capital input of the Philippine government, and Filipino taxpayers and cooperatives, year in, year out.”

By the next installments of this column, we will discuss how the Filipino people can tap the Filipino Melting Pot’s expertise and resources (both human and financial) in the United States. And eventually in perhaps 99 other countries. We will hear them explain their views on socio-economic development or comments about this series, especially the “B2B” discussions. We will start with Numeriano Bouffard, Norman Madrid, and Lee Leon — if they accept our invitation.

Mr. Bouffard is the Filipino American Chamber of Commerce FPACC Foundation, Inc. (FPACC) president and prime mover of the Pueblo Filipino retirement-and-resort project in the City of Manzanillo, Colima Province of Mexico.

I first met Mr. Madrid in New York City nearly four decades ago. He was then a young executive of Merrill Lynch Wealth Management firm (if my memory serves me right). Norman and I have been exchanging ideas for the socio-economic development of our homeland and the Filipino-American community. But as usual, Filipino (and Filipino-American) policy and decision-makers never bothered to listen to ideas that did not come from them.

Lee Leon is the pen name of a young professional, who I described as the “Leon King of Millennial Filipino-American Physicians.” He writes so many good articles in his Facebook Timeline, starting with his Daily Breath postings.

I hope to persuade Richie Rillera, the publisher/CEO of the Philippine Daily Mirror, to join our Los Angeles, CA-based publication and other good friends that publish Filipino websites or hard-copy newspapers or magazines, to join in putting a Filipino Renaissance Award for North America.

The plan is to honor the “Renaissance Men (or Women)” of our Overseas-Filipino communities. We will follow the definition of it as “a person with many talents or areas of knowledge.” For our purposes, they must also use their expertise in changing the Filipino homeland and the community where the person hailed from or where they now reside. More details of this plan in the coming weeks.

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3 comments

Roberto M Reyes /AKA Bobby M. Reyes September 1, 2021 - 8:59 am

This columnist must apologize to Norman Madrid for describing him as “a young executive of Merrill Lynch Wealth Management firm (if my memory serves me right)” when I first met him at the Big Apple almost four decades ago. What my brain was telling my hands (as they were typing on the keyboard) was that Mr. Madrid actually worked for the Citibank Financial-Management Division and that many firms like the Merrill Lynch failed allegedly to pirate him from Citibank. Yes, the brain works faster than our body, right, Mr. Norman?

Reply
Roberto M Reyes /AKA Bobby M. Reyes September 1, 2021 - 9:53 am

Here is the Intro Note that I wrote in several Facebook Groups that I administer — after I shared this article and in the Facebook storyboard: The “ReVOTElution” proposes to use the pork-barrel funds of some U.S.$16.5-billion (spelled with a “B”) being received annually by the Philippine Congress and the Office of the President in bankrolling Student Loan Funds and other pro-people better initiatives.
Like helping Filipino nursing, medical and engineering students to finish their studies in North America or Europe or other developed countries, so that they can qualify to take their Board exams and easily work at the state or province where their alma mater is located.
And to invest the rest in joint ventures with OFW-led Overseas-Filipino Monetary Fund to create more money for investments that will create more employment, and eliminate social cancers like unemployment, illiteracy, homelessness, lack of affordable healthcare, social nets and retirement benefits, etc., in both the Filipino homeland and in the nations where the OFWs are working. Pls read:
https://www.philippinedailymirror.com/funding-for-back-to-basics-governance-and-economic-empowerment

Reply
Lucy Babaran September 13, 2021 - 2:13 pm

All interesting topics that can be implemented if
Filipino – Americans can unite for the betterment of our homeland .
Bobby , Thank you for your efforts and valuable time through your brilliant journalism to make us aware of many opportunities that we can participate to promote best interests of Filipinos in the US and the Philippines and in partnership with the U. S. , Canada and Mexico .
Mabuhay !

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