Missing in the Philippine economic dynamics is its long term outlook. The use of short term solutions will not be enough (tapal dito, tapal doon approach). The Philippines should devise bold and extensive measures. This is not the time to be conservative. The Philippines should institute a series of economic development plans. The plans are charactererized by achieving defined goals at a given period.
Five year plans: The country should become a socialist for the first ten years
i Land reform
Social security reform (includes health, housing, and education)
Develop base industries to their high potential ( agriculture and fisheries)
Infrustructure (roads, train tracks, electricity, water, telecommunication lines, energy)
Create nationally owned corporations ran like a business with complete complacency. Unprofitable corporations
will be shut down. These corporations will dwelve in mining and oil exploration. Corrupt executives will face firing squad.

ii Low tech manufacturing
Entrepreneurship
iii Gradual privatization of national corporations
Medium to high tech manufacturing
Tourism
Entrepreneurship
iv Service industry
Science and technology
Military advancement
Entrepreneurship

So in 20 years we should be a member of G-9.

my program is a two-pronged approach:

1) ultimate infrastructure build-up = cheap electricity, cheap transport , thus increasing commerce and profit from agriculture for low income

2) pirate the high finance & banking sector ! make the philippines the next hong kong ++++ singapore +++ macao LOL, worthy of its history! this crisis is the only chance.

The Philippines must concentrate on Electric Vehicles and Water Powered Vehicles while we are still ahead.

http://www.hydrogazz.com/index.php/our-device

Electric Jeepneys are getting some global attention from Foreigners including CNN


http://ph.politicalarena.com/photos/index/photo_id:1087/

The problem is, we didn't have a presidency after Marcos, who have the balls to go against the "Slave Economy" formulas set forth by IMF-WB&ADB and other international agreements like GATT, etc.

I agree with the Nationalization of Key Indrusties and Public Utilities just what Marcos had done. I don't agree that Public Utilities like Electricity and Water should ever be privatized. As you can't have a choice to which private electric or water utility companies unless they found a legal framework that two or more than three companies like electricity for e.g. supplying a single household with electriciy or water and then that household could choose freely which is which to use. Then, you will have electricity and water bills getting cheaper because of the competition. In short, utilities should be in the domain of the gov't because of the impossibility of fair competition on those areas.

Cheaper electricity, a solution to traffic problem, a solution to red tape, a cut to the processing time of permits, will be a good move.

......but somehow I've grown very pessimistic about our politicians. Nobody can be trusted anymore that I want a revolution to take place. Forgive me but yes, I want an armed revolution if that's the only way to purge those hardcore corrupt politicians. Them and their families should be wiped out.

you have 10 percent which is OWF force, as very serious users of communication, lately the internet!
this is a huge advantage.
use of communication tools is taken more serious than with other cultures, because it is needed to connect the families.
the jewish are the only other folks with a comparable level of diaspora that is conscious of their own culture and in the same moment compatible and cooperative with the west.

currently there are 2 levels of crisis, together they form a huge opportunity for improvement that is the topic of this thread.
a) the financial crisis. the advantage of a physical economy focused on domestic demand has been mentioned. plus some other ideas in this thread.
also on the chinese example we must unlearn wrong conservative propaganda about what they are saying socialism is. some of its principles are mandatory when a region is in a certain state of matters, like neo-feudal divide between rich and poor. e.g. it is putting the poor into work, to construct a better infrastructure, without depending on foreign capital!
we face serious deflation. -> plz get cheap goods that are physically useful and can increase the quality of your living and support sustainable household! be very selective in this. then in the long you will have more money for development of society and infrastructure. use balikbayan for really useful goods in this context!
b) the crisis of media. plz become aware of this. it is most obvious in europe, with the yellow press and gazettes, only focusing on gossip, much worse than the katrina "scandal" which is rather more a hayden-celebrity-medicalsystem-TV endorsement factor. there is obviously a totally corrupt reporting about celebrities and artists.
also, there is need of independent reporting about iran and other areas of conflict.
because then why should political news be of any less corruption?
the current opportunity now is that people start to realize that they must take media for serious never more. they start to develop their own ways of communication and spreading of news, independent from the centralist, corrupt and greedy media. those politicians you despise are relying on that kind of media!
diaspora cultures may discover that they have in their daily practise a good step ahead from all others. they might be very helpful in a societal development that can get rid of the corruption in the spread of information.
because personal micro-corruption in the sum creates a picture that holds much more truth than unilateral news feed.