GOCCs are milking cows of hungry execs
Everytime, I come across news reports of allegations that put government controlled corporations in the limelight just made me so downtrodden not because I pity these executives running these GOCCs while many of the people are wallowing in poverty. I couldn't imagine how these executives could have a face to show the public by ignoring the realities of time. Of course, they are ignorant on the figures and official statistics that the Philippines' more than 70 percent population are poor. Yet they have the temerity to receive those excessive, if not, fat salaries which under normal circurmastances are deemed unimaginable of a person's ordinary mental faculty. Yet, everytime, the national government is left without a choice but to be helpless in enforcing policies that would correct these shenanigans in most of the these government corporations. Now, I learned that Malacanang had acted based on reports to at least tame the GOCCs' fat salaries and bonuses by issuing an...