Wake Up Philippines, the World Economy is Falling Apart! Time to do Your Own Laundry!
Posted in Headline, Pinas Now!, Viewpoint on 15 November 2008

The current global economic crisis is a chain of events, primarily blamed on man’s dependency on foreign oil and the manufacturing companies’ dependency on petroleum for food production. Couple it with the mismanagement of creditors to lend money to people and businesses living beyond their means, which leads to more debts and not making enough money to pay the debts. In the end, all these contribute to foreclosures, bankruptcies, unemployment, high oil prices, high food prices, world wide inflation, and global crash or recession not necessarily in that order.

The Overseas Class by Richard C. Paddock
Posted in Featured, Pinas Now! on 15 July 2008

Millions working abroad help their nation get by, but not prosper. It’s a life of lonely, risky sacrifice.