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Betraying the Planet

Published: June 28, 2009

So the House passed the Waxman-Markey climate-change bill. In political terms, it was a remarkable achievement.

But 212 representatives voted no. A handful of these no votes came from representatives who considered the bill too weak, but most rejected the bill because they rejected the whole notion that we have to do something about greenhouse gases.

And as I watched the deniers make their arguments, I couldn’t help thinking that I was watching a form of treason — treason against the planet.

To fully appreciate the irresponsibility and immorality of climate-change denial, you need to know about the grim turn taken by the latest climate research.

The fact is that the planet is changing faster than even pessimists expected: ice caps are shrinking, arid zones spreading, at a terrifying rate. And according to a number of recent studies, catastrophe — a rise in temperature so large as to be almost unthinkable — can no longer be considered a mere possibility. It is, instead, the most likely outcome if we continue along our present course.

Thus researchers at M.I.T., who were previously predicting a temperature rise of a little more than 4 degrees by the end of this century, are now predicting a rise of more than 9 degrees. Why? Global greenhouse gas emissions are rising faster than expected; some mitigating factors, like absorption of carbon dioxide by the oceans, are turning out to be weaker than hoped; and there’s growing evidence that climate change is self-reinforcing — that, for example, rising temperatures will cause some arctic tundra to defrost, releasing even more carbon dioxide into the atmosphere.

Temperature increases on the scale predicted by the M.I.T. researchers and others would create huge disruptions in our lives and our economy. As a recent authoritative U.S. government report points out, by the end of this century New Hampshire may well have the climate of North Carolina today, Illinois may have the climate of East Texas, and across the country extreme, deadly heat waves — the kind that traditionally occur only once in a generation — may become annual or biannual events.

In other words, we’re facing a clear and present danger to our way of life, perhaps even to civilization itself. How can anyone justify failing to act?

Well, sometimes even the most authoritative analyses get things wrong. And if dissenting opinion-makers and politicians based their dissent on hard work and hard thinking — if they had carefully studied the issue, consulted with experts and concluded that the overwhelming scientific consensus was misguided — they could at least claim to be acting responsibly.

But if you watched the debate on Friday, you didn’t see people who’ve thought hard about a crucial issue, and are trying to do the right thing. What you saw, instead, were people who show no sign of being interested in the truth. They don’t like the political and policy implications of climate change, so they’ve decided not to believe in it — and they’ll grab any argument, no matter how disreputable, that feeds their denial.

Indeed, if there was a defining moment in Friday’s debate, it was the declaration by Representative Paul Broun of Georgia that climate change is nothing but a “hoax” that has been “perpetrated out of the scientific community.” I’d call this a crazy conspiracy theory, but doing so would actually be unfair to crazy conspiracy theorists. After all, to believe that global warming is a hoax you have to believe in a vast cabal consisting of thousands of scientists — a cabal so powerful that it has managed to create false records on everything from global temperatures to Arctic sea ice.

Yet Mr. Broun’s declaration was met with applause.

Given this contempt for hard science, I’m almost reluctant to mention the deniers’ dishonesty on matters economic. But in addition to rejecting climate science, the opponents of the climate bill made a point of misrepresenting the results of studies of the bill’s economic impact, which all suggest that the cost will be relatively low.

Still, is it fair to call climate denial a form of treason? Isn’t it politics as usual?

Yes, it is — and that’s why it’s unforgivable.

Do you remember the days when Bush administration officials claimed that terrorism posed an “existential threat” to America, a threat in whose face normal rules no longer applied? That was hyperbole — but the existential threat from climate change is all too real.

Yet the deniers are choosing, willfully, to ignore that threat, placing future generations of Americans in grave danger, simply because it’s in their political interest to pretend that there’s nothing to worry about. If that’s not betrayal, I don’t know what is.

SOURCE: The NY Times Online, 29krugman.html

Photo by Fred R. Conrad/The New York Times

Fellow budding environmentalists can read each of the 1,300 pages  here. It passed in the House; now the Senate. I dare not hold my breath.

House Passes Bill to Address Threat of Climate Change

Published: June 26, 2009

WASHINGTON — Overcoming deep divisions within its Democratic majority, the House passed legislation on Friday intended to address the threat of global warming and transform the way the United States produces and uses energy.

The vote was 219 to 212.

The vote was the first time either house of Congress had approved a bill intended to curb the heat-trapping gases scientists have linked to climate change, and its provisions could lead to sweeping changes in many sectors of the American economy, including electric power generation, agriculture, manufacturing and construction. The House vote also establishes a marker for the United States when international negotiations on a new global climate change treaty begin later this year.

“This legislation will break our dependence on foreign oil, make our nation a leader in clean energy jobs and cut global warming pollution,” said Representative Henry A. Waxman, Democrat of California, a co-sponsor of the bill, adding that Friday’s vote was a “decisive and historic action” that would position the United States as a leader in energy efficiency and technology.

The bill’s provisions forcing reductions in the use of fossil fuel while increasing production of alternative energy sources would produce millions of new jobs, Mr. Waxman said.

But the legislation, a patchwork of compromises, falls far short of what many European governments and environmentalists have said is needed to avert the worst impacts of global warming. And it has pitted liberal Democrats from both coasts against more conservative Democrats from areas dependent on coal for electricity and heavy manufacturing for jobs.

Friday’s vote illustrated that rift: The bill passed by a seven-vote margin, with 44 Democrats voting against it.

As difficult as passage in the House proved, it is just the beginning of the energy and climate debate in Congress, since the issue now moves to the Senate, where political divisions and regional differences are even starker.

At the heart of the legislation is a cap-and-trade system that sets an overall limit on emissions of heat-trapping gases like carbon dioxide while allowing utilities, manufacturers and other emitters to trade pollution permits, or allowances, among themselves. The cap grows increasingly tighter over the years, pushing up the price of emissions and presumably driving industry to find cleaner ways of producing energy.

While some environmental groups supported the legislation, others — Greenpeace, for example — vigorously opposed it. Business groups were also split. Republican leaders called the bill a national energy tax and predicted that those who voted for the measure would pay a heavy price at the polls next year.

“No matter how you doctor it or tailor it,” said Representative Joe Pitts, Republican of Pennsylvania, “it is a tax.”

Only eight Republicans voted for the bill, which runs to more than 1,300 pages.

Apart from its domestic implications, the bill is a show of resolve that American officials can point to when negotiating the new global climate change treaty, after years of American objections to binding limits on carbon dioxide emissions.

The German chancellor, Angela Merkel, who was in Washington Friday to meet President Obama, strongly endorsed the bill even though it fell short of European goals for reducing the emissions of heat-trapping gases.

Ms. Merkel, a longtime advocate of strong action to cut carbon dioxide emissions, has been pushing the United States to take a leading role in advance of the global climate negotiations set for December in Copenhagen.

After meeting with Mr. Obama, she said she had seen a “sea change” in the United States on climate policy that she could not have imagined a year ago when President George W. Bush was in office.

“This really points to the fact that the United States is very serious on climate,” Ms. Merkel said.

The compromises in the bill were necessary to attract the support of Democrats from different regions and ideologies. In the months of horse-trading leading to Friday’s vote, the bill’s targets for emissions were weakened, its mandate for renewable electricity was scaled back, and incentives for various industries from automobiles to natural gas were sweetened.

The final bill intends to reduce overall heat-trapping gases in the United States by 17 percent of 2005 levels by 2020, and 83 percent by mid-century.

When the program is scheduled to begin in 2012, the estimated price of a permit to emit a ton of carbon dioxide will be about $13. That is projected to rise steadily as emission limits come down, but the bill contains a measure to prevent costs from rising too quickly in any one year.

The bill grants a majority of the permits free in the early years of the program, to keep costs low. The Congressional Budget Office estimated that the average American household would pay an additional $175 a year in energy costs by 2020 as a result of the provision, while the poorest households would end up with $40 in rebates.

Several House members expressed concern about the new market to be created in carbon allowances, saying it posed the same risks as markets in other kinds of derivatives. Regulation of such markets would be divided among the Commodity Futures Trading Commission, the Treasury Department and the Federal Energy Regulatory Commission. The bill also sets a national standard of 20 percent for the production of renewable electricity by 2020, although a third of that could be met with efficiency measures rather than renewable energy sources like solar, wind and geothermal.

It also devotes billions of dollars to new energy projects and subsidies for low-carbon agricultural practices, clean-coal research and electric vehicle development.

SOURCE: The NY Times Online, 27climate.html?_r=1&hp

Everything you always wanted to know about the Waxman-Markey energy/climate bill—in bullet points


You keep hearing about the Waxman-Markey climate and energy bill—aka the American Clean Energy and Security Act, ACES, H.R. 2454—but what’s actually in it?  We combed through the 946-page beast so you don’t have to.

Here are the highlights of the bill, which is sponsored by Reps. Henry Waxman (D-Calif) and Ed Markey (D-Mass.) and was passed by the House Energy and Commerce Committee on May 21.

Renewable electricity standard

The bill creates a renewable electricity standard (RES) that would require large utilities in each state to produce an increasing percentage of their electricity from renewable sources. Qualifying renewable sources are wind, solar, geothermal, biomass, marine and hydrokinetic energy, biogas and biofuels derived exclusively from eligible biomass, landfill gas, wastewater-treatment gas, coal-mine methane, hydropower projects built after 1992, and some waste-to-energy projects.

The RES:

  • Requires 6 percent of electricity to come from renewables by 2012
  • Requires 20 percent of electricity to come from renewables by 2020
  • Up to 5 percent can actually come from efficiency improvements
  • If a state determines that its utilities cannot meet the target, the efficiency component can be increased to 8 percent and the renewable component decreased to 12 percent

Emission cuts

The bill would put a cap on emissions of planet-warming greenhouse gases, and would require high-emitting industries to reduce their output to specific targets between now and the middle of the century. (This is the “cap” part of the “cap-and-trade” program.) The bill covers 85 percent of the overall economy, including electricity producers, oil refineries, natural gas suppliers, and energy-intensive industries like iron, steel, cement, and paper manufacturers.

  • Emission cuts would start in 2012
  • The cap-and-trade program would be completely phased in by 2016

The goals for U.S. emission reductions, below 2005 levels:

  • 3 percent cut by 2012
  • 17 percent cut by 2020
  • 42 percent cut by 2030
  • more than 80 percent cut by 2050

Emission permits

Regulated industries would need to acquire permits for their emissions. (Emission permits are also referred to as “carbon credits,” “pollution allowances,” and various combinations of these words.)

If a company cuts its emissions so much that it has more permits than it needs, it can sell excess permits to other companies or bank them for future use.  If a company doesn’t have enough permits, it can buy more or borrow its future credits and pay interest on them.  Non-regulated entities (banks, nonprofits, people like you) can also buy and sell permits. (This is the “trade” part of the “cap-and-trade” program.)  If a company’s emissions exceed its permits, it would be fined two times the fair market value of the permits it should have purchased.

  • About 85 percent of emission permits would be given away free at the start of the program, with the percentage decreasing over time
  • About 15 percent of emission permits would be auctioned off at the start of the program, with the percentage increasing over time
  • A permit to emit one ton of carbon dioxide or its equivalent would be worth about $11 to $15 (in 2005 dollars) in 2012, according to preliminary EPA estimates
  • A permit would be worth about $22 to $28 (in 2005 dollars) in 2025, the EPA estimates
  • The value of all permits would be about $60 billion in 2012
  • The value of all permits would be roughly $113 billion in 2025

Some of the permits would be given away to industries regulated under this bill:

  • 15 percent would be given to energy-intensive industries like iron, steel, cement, and paper until 2025
  • 5 percent would be given to merchant coal generators (companies that sell coal-generated electricity to other companies at market prices) and to electricity producers obligated to supply electricity under long-term contracts; the giveaways would be phased out from 2026 through 2030
  • 2 percent would be given to oil refineries starting in 2014 and ending in 2026
  • 2 percent would be given to electric utilities between 2014 and 2017, and 5 percent thereafter, to cover the costs of deploying carbon capture and sequestration technology

Some of the permits would be given to entities that are not covered under the bill, which would sell them and use the proceeds for specific purposes:

  • 30 percent would be given to local electricity distribution companies, with giveaways phased out from 2026 through 2030; the companies, which are generally regulated by states, would be required to use the proceeds to help keep consumer electricity prices low
  • 10 percent would be given to state governments, which would be required to use the value to support renewable energy, energy efficiency, transportation planning, and transmission projects
  • 9 percent would be given to local natural-gas distribution companies, with giveaways phased out from 2026 through 2030; the companies would be required to use the proceeds for energy-efficiency projects and to help keep consumer prices low
  • 3 percent would be given to the automobile industry from 2012 and 2017, scaling back to 1 percent through 2025; the value would be used for the development of clean car technologies.

How permit auction revenue would be spent

About 15 percent of the pollution permits would be sold by the federal government in the initial years of the program.  Here’s how the revenue would be spent (shown as a percentage of the value of all permits):

  • 15 percent would be used to offset increased energy costs for low- and moderate-income households
  • 5 percent would be used to prevent international deforestation, scaling back to 3 percent from 2026 to 2030 and 2 percent from 2031 to 2050
  • 2 percent would be used to help the U.S. adapt to the negative effects of climate change from 2012 through 2021, scaling up to 4 percent from 2022 through 2026 and 8 percent thereafter; half would be spent on wildlife and natural resources and the other half on other adaptation concerns, like public health
  • 1.5 percent would be used to support research and development of advanced clean-energy and energy-efficiency technologies
  • 1 percent would go to help other nations adapt to climate change from 2012 through 2021, scaling up to 4 percent from 2027 to 2050
  • 1 percent would go to international clean-technology deployment from 2012 to 2021, scaling up to 4 percent from 2027 to 2050
  • 0.5 percent would be used to help U.S. workers transition away from fossil fuel-dependent industries from 2012 through 2021, scaling up to 1 percent from 2022 to 2050

Investments in energy technology

By 2025, the bill would direct an estimated total of $190 billion to energy technologies and efficiency measures:

  • $90 billion to energy-efficiency and renewable-energy technologies
  • $60 billion to carbon-capture-and-sequestration technology
  • $20 billion to electric vehicles and other advanced automotive technologies
  • $20 billion for basic scientific research and development

The bill also creates a Clean Energy Deployment Administration within the federal government that would provide loans and loan guarantees to spur more private investment in energy technology.

Offsets

Regulated companies would be allowed to purchase carbon offsets to meet a portion of their required emission reductions—meaning they could fund clean-energy projects elsewhere instead of cutting their own emissions. This could lower the cost of complying with the new law.

  • Offsets could account for up to 2 billion tons of total emission reductions each year under the entire cap; According to some estimates, in 2012, that would mean that up to 15 percent of emissions cuts could be made with offsets, and by 2050 that figure would rise to 33 percent
  • The EPA would determine eligible offset projects based on recommendations from an Offsets Integrity Advisory Board
  • Half of permitted offsets would be domestic, half international
  • However, if there are not enough offsets available on the U.S. market, then up to three-quarters could come from international sources

Coal-fired power plants

  • New coal plants could be built between 2009 and 2020, though they would be expected to adopt carbon-capture-and-sequestration (CCS) technologies when they become commercially available
  • By 2025, all coal plants built after 2009 would have to capture 50 percent of their CO2 emissions
  • Coal plants built after 2020 would have to capture 65 percent of CO2
  • Early movers on CCS would be rewarded—for every ton of CO2 it sequesters, an electric utility that gets at least half its power from coal would receive bonus emission permits for 10 years
  • $1 billion would go toward CCS demonstration and deployment each year, funded by a fee on consumers of fossil-based electricity

Energy-efficiency standards

  • The bill would set new energy-efficiency standards for lighting products, commercial furnaces, and other appliances
  • New energy-efficiency standards for buildings would require 30 percent improvement by 2010 and 50 percent improvement by 2016
  • New standards for industrial energy efficiency would be set
  • Households could receive $3,000 in financial support to make their residences at least 20 percent more energy efficient
  • Commercial buildings would also get financial support for weatherization

Worker transition

  • The bill would increase funding for the Energy Worker Training Program, which was created as part of the 2007 energy bill
  • Workers displaced due to new emission regulations would be entitled to 156 weeks of income supplement (70 percent of their average weekly wages), 80 percent of their monthly health-care premium, up to $1,500 for job-search assistance, and up to $1,500 for moving assistance
  • Grants could be awarded to colleges and universities to develop programs of study that prepare students for careers in renewable energy and energy efficiency

Smarter cars and smarter grids

  • The bill includes a “cash-for-clunkers” program that would provide roughly 1 million vouchers, ranging from $3,500 to $4,500 in value, to consumers who trade in older, less-fuel efficient vehicles for new vehicles that get better gas mileage
  • The bill has a number of provisions to support electric vehicles and plug-in hybrids
  • The bill has a number of provisions to help develop “smart grid” technologies and build better transmission infrastructure

Source: Grist.org, 2009-06-03-waxman-markey-bill-breakdown

Thursday, June 25, 2009

RP told to form crisis agency

By Darwin G. Amojelar, Senior Reporter

ALARMED by the impact of the global economic turmoil, the United Nations Development Programme (UNDP) is pushing the Philippines to create a task force headed by the National Economic and Development Authority (NEDA) to respond to the global economic crisis.

Documents from NEDA showed that a crisis-monitoring unit would be maintained at the agency as the regular arm of the Task Force for gathering, generating and disseminating information.

The proposed task force came on the heels of gloomy projections of trade flows, overseas remittances and foreign direct investments.

“With this situation, it can be inferred that the crisis threatens to weaken the Philippines’ accomplishments in reducing poverty and inequality. At stake is the large share of the population is highly vulnerable to negative shocks and at the risk of falling further below the poverty line,” the UNDP said.

The UNDP said incomes and revenues are expected to fall, adding that government, private sector and household spending will be tight.

“Significant reversals are thus foreseen in the achievement of the Millennium Development Goals (MDGs) by 2015 where the Philippines has so far made significant gains,” the UN body said.

It said the challenge posed is on how the international development community can help developing countries like the Philippines mitigate the impact of the crisis and respond to the threats to the achievement of the MDGs by 2015.

“In this regard, a Task Force Response to Global Crisis (TFRC) composed of the international development community is proposed mainly to bring to focus the response to the global crisis in the context of MDGs. The proposed TFRC will be coordinated by the UN system with the latter playing the crucial role of mobilizing and positioning the work of the TFRC in the context of the global economic crisis and its impact on the MDGs,” the UNDP said.

The proposed Task Force will have a one-year lifespan, the extension of which will depend on how the global crisis turns out.

“As suggested by the World Bank . . . the crisis monitoring unit should have both short-term and long-term functions and will function within NEDA even after the crisis to continue to serve as a rapid monitoring unit of the government on socio-economic issues,” the UNDP said.

The UN agency said the task force should monitor the impact of the global crisis on vulnerable groups in the Philippines, design and implement a range of safety net programs for the poor, and evaluate the effectiveness of emergency policies and programs put in place.

The UN body said the overall responsibility for the crisis monitoring and response system will rest with NEDA as the coordinating and operations center. NEDA should mobilize its central office for national data and its regional offices in coordination with the Department of Interior and Local Government for local government units for data on those areas.

The UNDP said the Philippines could draw from the experience of Indonesia on how its government through the National Development Planning Agency is responding to the global crisis.

Rolando Tungpalan, NEDA deputy director general, said the government is still studying the UNDP proposal.

He said any task force should look beyond the present crisis, but that the government should tap the National Statistics Office, National Statistical Coordination Board, Bangko Sentral ng Pilipinas, among others for data to minimize funding requirements for the crisis response scheme.

Source: The Manila Times Online, 20090625bus1.html

Villar reveals vision for RP in New York

–Johanna M. Sampan

During the recent commemoration of Philippine Independence, Sen. Manuel Villar Jr. flew to New York City and delivered a speech at the Carnegie Council on his vision for the Philippines in the next few years.

Villar said the country’s problems a hundred years ago were still its problems today. “We have been running in the same place for too long.”

On the role of suffrage in affecting change, he said that elections in the Philippines were never a clash of vision, but rather a clash of personalities.

A self-proclaimed presidential candidate in the 2010 elections that will pick President Gloria Arroyo’s successor, Villar said that in poor countries like the Philippines people need to understand the effects of pervasive poverty on the quality of democracy. He warned that pervasive poverty is the new “Iron Curtain.”

“For long, Filipinos have equated elections with political freedom and political freedom with democracy. But attaining political freedom is only the first step in establishing a truly working democracy,” Villar said.

“Democracy is both about securing political freedoms and expanding economic opportunity. Failure in one area and you negate the advances in the other,” he added.

Villar’s vision

Villar said he understood how it was to wake up one morning not knowing how to survive until the next. He added that he knew the concerns of the head of the family that has only the shanty to call a home.

“I was a poor boy who grew up in the slum district known as Tondo, in the City of Manila, perhaps the equivalent of the New York City’s the Bronx,” he said. “Each new day was a struggle for survival. My mother was a fish vendor, my father was a government employee, and we had to survive on their combined meager income.”

“This is how I learned the virtues of hard work and perseverance, what in our national language translates into my slogan ‘Sipag at Tiyaga’ [hard work and patience].” It was my hard work and perseverance that was my ticket out of poverty,” Villar said.

He noted that the country has concentrated far too much on the form of democracy but has missed out on its substance.

“Democracy is all about empowering the powerless. Empowerment not only through the exercise of the right of suffrage but also through the opportunity to maximize one’s God-given potential.

“This, if I am chosen by the people, to lead the next government of the Philippines, will be the focus of my administration,” Villar said.

Source: The Manila Times Online, 20090625top5.html

The anti-Obama rhetoric from the fringes of the Republican Party is reaching fever pitch, once again. And while it was alarming during the campaign, this time it is toxic. Even conservative anchors of Fox News are very concerned enough to call it frightening. Watch below.

In an op-ed piece published today by the NY Times, the author, Frank Rich, warns us that this rising right-wing rage could only lead to nothing good, both for us as a whole, and for the well-being of Pres. Obama. He argues that responsible Republican Party leaders ought to speak out against this rage the same way McCain did during the campaign. Read Mr. Rich’s op-ed here.

For a respected national, if not international paper, like The NY Times, to print an op-ed like Frank Rich’s is saying something serious. For conservative Fox News anchors to go on air to essentially say, “Folks, better look at this, or something deadly is going to happen,” is saying something urgent and frightening.

The right-wing smears over the work of the young, 145-day administration is un-American; this is not us. In a time when we should be ganging up against the bad economy, we are instead ganging up on each other. Republican leaders and opinion-makers must build an opposition strategy on something else more substantial than the utter annihilation of the young Obama administration. Good governance is not about this.

Through the false lens of a culture war, the Karl Rove-Dick Cheney-Rush Limbaugh-Bill O’Reilly clique and its toxic black propaganda is fanning the passions of the extreme right-wing base to near rebellion. And Republican leaders like Mitch McConnell and John Boehner are capitalizing on it, instead of defusing it. Which is what responsible statesmen would do? Setting aside the need to score political points against Obama, what is Republican leadership about?

Americans are better, more decent, and more sensible than this. But the better, more decent and more sensible among us are choosing to look the other way. We cannot and Republican leaders must not allow partisan politics, regardless of who is president, to be driven only by anger, hate and now rage. The lessons of the past are far too many and too catastrophic.

As for responsible Republican leaders who are choosing to remain silent over this — Senator Olympia Snowe, Senator Susan Collins, Colin Powell and others — shame on you. If the Republican party never finds its way back to political relevance, its members and leaders will have deserved it. If Republicans can’t control toxic rhetoric that is going out of hand, how can they argue to lead a country?

Retiring in the Philippines


By Atty. Mike Templo | 06/13/2009 12:34 PM

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Most, if not all, Filipinos that I’ve spoken to abroad all dream of retiring in the Philippines.  Whether they’re an Overseas Filipino Worker or Filipino-American, they see the P.I. (as they call the Philippines), as a place where they can spend and enjoy the rest of their retired lives, early or long overdue.

Last Thursday, June 11, 2009, I had the opportunity to speak with the Chairman of the Philippine Retirement Authority, PDGen Edgar B. Aglipay.  We discussed the Special Resident Retiree’s Visa or SRRV. This special non-immigrant visa is issued not only to foreigners but also former Filipino citizens who are at least 35 years old.  The SRRV allows them to multiple-entry privileges with the option to reside permanently in the Philippines.  It also allows the spouse and children (unmarried and under 21) to join the retiree.  The visa for the principal applicant (foreigner or former Filipino) and the dependents remain valid as long as the applicant remains in good standing with the Program requirements.

Of course, to avail of the SRRV, there are age and deposit requirements.  If the principal applicant is the beneficiary of a pension and he/she is 50 years old and above, a time deposit of US $10, 000 plus a monthly pension of US$800 is required for a single applicant and US$1,000 for couple.  If the principal applicant is not receiving any pension, then a time deposit of US $50,000 is required for applicants aged 35 to 49 years old.  However, only a US $20,000 time deposit is required for applicants aged 50 years old and above. For former Filipinos, who are at least 35 years old, they are required only US $1,500 regardless of the number of dependents. This amount is the same for Ambassadors of foreign countries who served and retired in the Philippines, current and former staff members of international organizations including ADB and who are at least 50 years old.

It is worth noting that it only takes one month from the date of issuance for the applicant to be able to touch the deposit and turn it into an investment. So you’re only separated from your money for a short period of time. Such investments include a purchasing a condo unit(s), leasing a residential property, and even golf shares.

When an SRRV visa is issued to the applicant, the benefits include the following: (1) Option to retire, study, and work in the Philippines permanently, (2) ability to exit and re-enter the Philippines multiple times, (3) exempt from income tax over your pension and annuities, (4) exempt from certain Bureau of immigration requirements such as acquiring exit and re-entry permits, annual alien registration, customs and duties tax from importation of household goods and personal effects (limited), travel tax, and I-Card.

But with these benefits accorded, there are responsibilities that follow. Among them – (1) the yearly renewal of the PRA ID Card, (2) payment of annual visitorial fee, (3) notification for change of contact information, (4) cancellation of the SRRV status.

You can catch my interview with Chairman Aglipay on Crossing Borders aired in the Philippines on ANC and globally on TFC this week.  For more information and the SRRV, visit the Philippine Retirement Authority’s website at www.pra.gov.ph and the Philippine Bureau of Immigration’s website at www.immigration.gov.ph.

__________________________

Atty. Michael Templo is an attorney admitted to practice law in New York State and Federal Courts and is a partner at Templo & Templo with offices in New York, USA and Makati City, Philippines.  Atty. Templo specializes in US Immigration matters.  Atty. Mike Templo is also a host for the weekly show “Crossing Borders” which airs every Thursday at 10:30PM on ANC and 2:30PM on TFC. The discussion above is not intended as legal advice, and cannot be relied upon for any purpose without the services of a qualified professional.  For your comments and questions, Atty. Templo can be reached at info@templolaw.com or log on to www.templolaw.com.

SOURCE: ABS-CBN NEWS Online, retiring-philippines

Arum on Floyd’s demand: Keep dreaming


abs-cbnNEWS.com | 06/12/2009 6:14 PM

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The Manny Pacquiao-Floyd Mayweather Jr. match up will never happen unless “Pretty Boy Floyd” gives up his pay demands, according to Top Rank promoter Bob Arum.

“If Mayweather persists with this position, a fight will never happen,” Arum said on a report by Setanta Sports News.

The former top pound-for-pound fighter earlier said that he will not accept a 50-50 share of revenue for a match with Pacquiao.

Pacquiao already had a similar share during his fight with Ricky Hatton. His camp insists that it will not happen again.

“Mayweather is taking the position that unless he gets more money, there will never be a fight – that’s absurd,” Arum said. “Manny is the most sought-after boxer on the planet.”

Pacquiao, the reigning pound-for-pound king, also beat Mayweather’s erstwhile foes Hatton and Oscar de la Hoya. Unlike Mayweather, the Filipino boxer defeated the two boxers in sensational fashion.

Last May, Pacquiao toppled Hatton with a devastating left hook to the jaw in the second round. Several months earlier, he battered De la Hoya to a technical knockout defeat within eight rounds.

This is in contrast with Mayweather’s performance against the two fighters. It took Mayweather 10 rounds to knock out Hatton in July 2007. In his fight against De la Hoya several months earlier, he was only able to eke out a split decision.

For Arum, a fight between Pacquiao and Miguel Cotto is more doable in the near future.

Cotto, another Top Rank fighter, will be facing Joshua Clottey in New York on June 13.

Arum believes a Pacquiao-Cotto match would have as much appeal as a Mayweather fight.

“If Cotto beats Clottey that’s just as big a fight,” Arum said.

as of 06/12/2009 6:33 PM

RP middle class shrinking even before crisis


By Karen Flores, abs-cbnNEWS.com | 06/13/2009 11:09 AM

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Many Filipino middle-class families were already lost to the low-income groups years before the global economic crisis started.

Data from the government’s Family Income and Expenditure Survey (FIES) showed that middle-class families only accounted for 19.1 percent of all the families in the country in 2006–lower than 22.7 percent in 2000 and 23 percent in 1997.

“The Pinoy middle class remains vulnerable and has continued to shrink. And this is prior to the global crisis,” National Statistical Coordination Board Secretary General Dr. Romulo Virola said in his column early this week, referring to the FIES, a survey conducted by the National Statistics Office once every three years.

Half of Filipino families belonged to the low-income, non-poor segment in 2006 (54 percent), while a quarter of households (26.9 percent) were considered as poor.

The elite segment, meanwhile, was only composed of 0.1 percent of the country’s population.

The Philippines had fairly decent economic figures in 2006, led by a gross domestic product (GDP) of 5.4 percent, an average unemployment rate of 7.9 percent, $3.2 billion in average monthly export earnings, and $4.29 billion in average import earnings.

Still, even with these numbers, the country’s middle-income group continued to collapse throughout the years.

This is expected to worsen come 2009 as the government conducts its next FIES, especially with the economy showing a dismal 0.4-percent GDP growth for the first three months.

Other key indicators such as remittances, exports, imports, and foreign direct investments (FDI) have also reflected how the global slowdown battered the economy this year.

Exports, for instance, which account for 40 percent of the local economy and a major employer, have been plunging at a range of 30 to 40 percent for the past seven months. Imports have also posted double-digit declines for the past six months, while FDIs dropped more than 80 percent in the first quarter.

Middle class lifestyle

So who belongs to the Filipino middle class?

Citing data from the 2006 FIES, Virola said the Filipino middle class family as an annual income ranging from P246,109 to P2,000,072. He said, however, that this range has been raised throughout the years to match the country’s worsening economic conditions.

“In 2009, you would need to earn close to half a million pesos to be in the middle class,” he said.

According to Virola, there were 12 significant predictors of middle-income households in 2006, citing the FIES. For one, the head of the family usually has a college degree, and works either as an official of government, a corporate executive, a manager, or a supervisor.

Some indicators of middle class families were similar to standards set in 2000 and 2003, which include the ownership of an oven, an air-conditioning unit, and a vehicle, as well as the presence of a non-relative member and an employed house helper, among many others.

A number of factors were also taken into consideration when classifying middle-class households, such as the high usage of mobile phones, the increased ownership of DVD players, and the reduced popularity of radio sets.

The top four spending priorities among the middle class and the general population are the same in 2003 and 2006, which include food, house rentals, transportation and communication, and utilities such as electricity, water, and fuel.

For the least priorities in expenditures, the middle class and the general population also shared four things in common, which include non-durable furnishings such as utensils and household linens, alcoholic beverages, house repair and maintenance, and recreation.

Filipino-Chinese traders back Charter change

By TJ Burgonio
Philippine Daily Inquirer
First Posted 05:43:00 06/11/2009

MANILA, Philippines—While she has come under fire from business groups over Charter change, President Gloria Macapagal-Arroyo has apparently found an ally in the Federation of the Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII).

Speaking at the joint celebration of the country’s independence and the 8th Filipino-Chinese Friendship Day, federation president Dr. Alfonso Uy Wednesday declared that the Chinese-Filipino community was backing Charter change.

“The Chinese-Filipino community supports the move to amend the Constitution to enhance economic development and prosperity of the country,” Uy said in his welcome address at the Sofitel Hotel in Pasay City.

Ms Arroyo spoke at the same event at around noon, a few hours before protesters converged on Ayala Avenue in Makati City to protest the House’s hasty approval of Resolution No. 1109.

Ms Arroyo has consistently backed constitutional amendments, particularly those lifting protectionist economic provisions, but has distanced herself from the House approval of the resolution.

The Makati Business Club, Management Association of the Philippines and Financial Executives Institute of the Philippines had expressed disgust at the passage of the resolution.

They dared Ms Arroyo to declare that the May 2010 elections would push through lest she would be accused of double talk.

In his address, Uy said the federation would take part in the government’s three-day job fair scheduled to open tomorrow as part of the government celebration of Independence Day.

He said the federation was also launching its “Buy Pinoy, Buy Local” movement at Club Filipino in San Juan.

“Through ‘Buy Pinoy, Buy Local’ we seek to promote our own Filipino products and services; save and create jobs; protect our workers and consumer welfare; encourage more local and foreign investments; combat smuggling and promote our local industries,” he said.

‘Shameless abuse of power’: Cory issues strongest message vs Con-ass

By Christian V. Esguerra
Philippine Daily Inquirer
First Posted 01:37:00 06/11/2009

MANILA, Philippines—It was the strongest message former President Corazon Aquino has so far issued, and it was roundly applauded in the largest rally against moves to revise the Constitution in three years.

Here we are again in the midst of the shameful abuses of the powerful that seek to destroy our sacred laws, she said in Filipino (“Subalit narito muli tayo, sa gitna ng walang-hiyang pang-aabuso ng mga makapangyarihang nagnanais na sirain ang mga pinakayakap sa ating mga batas.”)

“Over the years, I have learned to endure pain and sadness,” said the cancer-stricken People Power icon in a statement read by her grandson Kiko Dee at the rally attended by thousands in Makati City Wednesday.

“But perhaps, there is nothing that causes me greater pain than to see our people betrayed again and again by those they have elected to lead and serve them. To those of us who fought long and hard to restore our democracy, the pain deepens at the thought that all our gains have so quickly been eroded.”

Estimates of the crowd that gathered in the intersection of Paseo de Roxas and Ayala Avenue ranged from 5,200 by police to 13,000 by organizers of the multisectoral rally against an attempt by President Gloria Macapagal-Arroyo’s allies to convene a constituent assembly (Con-ass) and amend the Constitution. The Philippine Daily Inquirer put the crowd at 10,000.

Speaking in Filipino, Aquino said that when the dictator Ferdinand Marcos was driven from power in 1986, “didn’t we vow that we will never again allow to throw away our freedom?”

Aquino said this was not the leadership that Filipinos deserve or the society that should be handed down to the next generation. She called on Filipinos to demonstrate their protest against moves to amend the Constitution.

Stealing presidency for 3rd time

A message from former President Joseph Estrada, read by his son, San Juan Mayor Joseph Victor “JV” Ejercito, said: “If we allow her minions to maneuver (Con-ass), it is like allowing her to steal the presidency for the third time.”

Estrada was referring to his ouster in 2001 and the 2004 presidential election allegedly stolen by Ms Arroyo.

Opening salvo

Thousands bearing placards saying “No to Cha-cha” marched on the Makati business center in what organizers described as just the “opening salvo” of bigger and louder protests across the country against Charter change.

The demonstrators—an assembly of political figures, church leaders and leftist groups—were one in dismissing Malacañang’s position that the President had nothing to do with House Resolution No. 1109 that seeks to amend the Constitution without the Senate.
“All my life I haven’t cursed anyone, but now I call on the spirits of the babaylans, prophets, and heroes (to) curse this evil in government,” Sr. Mary Mananzan, of the Association of Major Religious Superiors in the Philippines, told the crowd. “We don’t want Gloria in whatever title she may hold.”

Sen. Manuel “Mar” Roxas II said Ms Arroyo could run for Congress next year so long as she would keep her hands off the Constitution.

“She has no mandate to fiddle with the Constitution,” he said, adding that it was “time to pack her bags.”

“It is very clear that the people don’t want Con-ass. This is not the priority,” Roxas said.

Fair warning

Lingayen-Dagupan Archbishop Oscar Cruz said it was “impossible” that Malacañang’s allies in the House of Representatives cooked up HR 1109 without Ms Arroyo’s blessings.

“Majority in the House is on her side, if not in her pocket,” he said. “They’re only as good as the benefits they get.”

Gabriela party-list Rep Liza Maza said the rally should serve as a fair warning to Ms Arroyo “not to anger the people even more.”

“This is the start of the backlash from the people,” said Akbayan party-list Rep Risa Hontiveros.

Different displays of discontent

The show of dismay over HR 1109 came in different forms during the rally.

Protesters prepared what they called a “Gloria punching bag” to illustrate their anger over the Con-ass resolution.

The ’90s band Datu’s Tribe played a song that urged the crowd to “condemn pigs,” ostensibly referring to congressmen who voted for HR 1109.

The protesters presented on a giant screen a video mosaic of congressmen who voted for HR 1109. In the piece titled “Mga Palaka ni Gloria (Gloria’s Toadies),” the congressmen’s photos later morphed into a huge portrait of the President.

After three hours, the crowd dispersed peacefully, ending the biggest rally against Charter change since more than 15,000 massed at Manila’s Quirino Grandstand in December 2006.

Bayan Muna party-list Rep. Satur Ocampo vowed, “We will stall them until we paralyze Con-ass.”

Sen. Loren Legarda said HR 1109 was “clearly a violation of the Constitution” because it eased the Senate out of the equation.

Pangasinan Rep. Jose de Venecia Jr., hitherto a rabid proponent of Charter change, said the resolution was meant to extend Ms Arroyo’s stay in power so she could be either president or prime minister “for life.”

“She’s flaunting her defiance of public opinion,” he said.

Exit options

Pampanga Gov. Ed Panlilio said speculation that Ms Arroyo was running for a congressional seat in her Lubao hometown could be one of her “exit options,” explaining that it indicated she was aiming to become a prime minister in a parliamentary system.

He said that the President was aware that she would be facing prosecution for corruption once her term was over.

Grace Poe, daughter of the late Fernando Poe Jr. who lost the 2004 presidential vote, appealed to lawmakers’ conscience: “Do you still have a God or you worship only money?”

“People are fed up,” said Ayala group official Vicky Garchitorena, who marched together with members of the Former Senior Government Officials (FSGO) group. “This is [our] way of expressing their outrage already at what Congress has been doing.”

Former Trade Secretary. Juan Santos said: “Why hasn’t she declared that she’s definitely stepping down? It has to be specific. Why doesn’t she say specifically that she’s against Cha-cha and House Resolution 1109?”

Soldiers are watching

Sen. Rodolfo Biazon warned: “The soldiers are watching what’s happening in the streets. If this reaches the level of EDSA II, you can’t be sure that they would not come out.”

He voiced fears that while two previous military-backed popular revolts in 1986 and 2001 succeeded and civilian power was restored, this time around that might not happen.

“They were hoping that there would be good governance but that did not happen so this time they might ask ‘Why should we give back the power? I am afraid of that,’” said Biazon, a former chief of staff of the Armed Forces of the Philippines.

In a statement read by his wife Aloi, Brig. Gen. Danilo Lim, who is incarcerated on rebellion charges, said that soldiers had “no obligation to support the administration in committing illegal acts.”

Lim said that the Arroyo administration “has lost all sense of shame.”

He urged the military: “You know what is right. You know what is just. I trust that you can see the truth should the time call for protecting the people.”

Magdalo members said 150 of them were in the rally, along with an unspecified number of the Reform the Armed Forces Movement, but they did not say if there were active servicemen among them.

Jerome Layug, the 21-year-old brother of detained Magdalo rebel James Layug, came to the rally together with his mother.

“This administration wants to change the Constitution and stay in power. We cannot allow that,” Jerome Layug said. With reports from Philip C. Tubeza, Allison W. Lopez, Daxim L. Lucas, Gil C. Cabacungan Jr.

(Update) House OKs con-ass


By CARMELA FONBUENA, abs-cbnNEWS.com/Newsbreak | 06/02/2009 10:20 PM

After months of jockeying, the House of Representatives on Tuesday night approved House Resolution 1109 which will convene Congress into a constituent assembly (con-ass) and propose amendments to the 1987 Constitution, including changes that may prolong President Arroyo’s stay in power.

In a highly-charged viva voce vote, the Ayes were overwhelmingly louder than the Nays.

Starting at 5 p.m., solons from the minority interpellated the principal supporters of the resolution. They attacked the proponents for railroading it, and accused President Arroyo of being behind the move to amend the charter and prolong her stay in power.

However, their arguments fell on deaf ears.

Prior to the plenary deliberations, House Speaker Prospero Nograles had a caucus with members of the majority. They agreed to approve HR 1109 first before taking up the Right of Reply bill and the Comprehensive Agrarian Reform Program extension bill.

Interpellations were cut short when before 10 p.m., South Cotabato Rep. Didagen Dilangalen moved to end the deliberations since the same questions were being asked by the interpellators.

Out of the 11 scheduled interpellators, only five members were allowed to speak– Minority Leader San Juan Rep. Ronaldo Zamora, Parañaque Rep. Roilo Golez, Deputy Minority Leader Bayan Muna Rep. Satur Ocampo, Gabriela Rep. Liza Maza, and Bukidnon Rep. Teofisto Guingona III.

Members of the minority questioned Dilangalen’s motion, but it won eventually. The motion to put HR 1109 to a vote was then met with more objections.

“We in the minority always know how to lose. Why do we do this? It is to speak for the record. To define what we stand for, always to fight for the day of deliverance. Mr. Speaker, that day will come,” Zamora said shortly before the voting.

Sen. Alan Peter Cayetano told ANC the stage is set to amend the charter to suit President Arroyo’s interests once the administration is convinced it has the three-fourths vote in the constituent assembly.

No direction

Despite the approval of HR 1109, it remains unclear how and when they plan to convene the constituent assembly. House Speaker Prospero Nograles told reporters after the majority caucus he will call a leadership meeting after the resolution is approved.

La Union Rep. Victor Ortega and Cebu Rep. Pablo Garcia, who were among those who sponsored the bill, couldn’t give a straight answer when they were asked what would happen after the approval. They said it will be studied.

Cavite Rep. Elpidio Barzaga Jr., also one of the sponsors of the bill, said the rules committee will decide how the constituent assembly will be convened.

Asked after the majority caucus if it’s possible that they will immediately convene the constituent assembly, Nograles said, “I don’t think we have time. I don’t think we will convene after approval. After we come back na siguro. Maybe after SONA. Maybe.”

President Arroyo is scheduled to deliver her last State of the Nation Address (SONA) on July 27.

Takes two to Cha-cha

Several administration congressmen have expressed reservations about the main point of the resolution, which says joint voting is the proper way to approve charter amendments in the constituent assembly. As opposed to separate voting, joint voting allows the 270-member House of Representatives to effectively bypass the 23-member Senate.

“It takes two to dance the Cha-cha. I am going to make a disclaimer. I believe it (resolution) will have to be sent to the Senate,” said Garcia, a key administration ally.

Ortega, chairman of the committee on constitutional amendments, echoed Garcia in saying the House of Representatives cannot bypass the Senate.

Even the resolution’s principal mover, Camarines Sur Rep. Luis Villafuerte is convinced that not all administration allies are for HR 1109.

“The one who filed this is Speaker Nograles himself. I think there is a group in the majority that is undermining the resolution that they are sponsoring,” he said.

A Teacher partylist Rep. Ulpiano Sarmiento III, a member of the administration, was one of those who did not follow the instruction during the majority caucus to approve the resolution.

“I’m sorry to disappoint you. There is no assurance that the gentleman’s agreement as manifested in [HR] 1109 regarding the non-extension of the term of the president shall be recognized and honored once we are transformed into a constituent assembly. It does not deserve this haste,” he said before the resolution was put to a vote.

Pangasinan Rep. Jose De Venecia said the resolution says “nothing,” which makes it dangerous.

“What is the message of this resolution? Nothing. It is not saying that we seek parliamentary government. It is not saying that we seek a federal form of government. It does not say that we seek a French parliamentary system. It says nothing, Mr. Speaker,” De Venecia said.

“It merely tries to create a situation so that a member of the House, or lawyers, could go to the Supreme Court, which will then allow members of this House to revise the Constitution as long as a three-fourths vote is achieved. For this reason, I strongly object and I ask each and every member of this House if we are true to ourselves, to the people, and to the country to opposed this charade,” De Venecia said.

Joint or separate voting

HR 1109 reads: “Now, therefore, be it resolved that the members of Congress be convened for the purpose of proposing amendments to, or revision of the Constitution upon a vote of three-fourths of all its members and that upon its being convened shall adopt its rules of procedures that shall govern its proceeding.”

The 1987 Constitution reads: “Any amendment to, or revision of, this Constitution may be proposed by: (1) The Congress, upon a vote of three-fourths of all its members; or (2) a constitutional convention.”

HR 1109 says the 1987 Constitution deleted the phrases “in joint session assembled” and “the Senate and the House of Representatives, voting separately,” which were present in the 1935 Constitution.

Therefore, the resolution says, “three-fourths of all members of Congress” means “3/4 of the Congressmen and Senators taken together in the calculation of 3/4 of the members of Congress, without distinction as to which institution of Congress they belong to.”

This effectively empowers the 270-member House of Representatives to bypass the 23-member Senate, which last year passed a resolution opposing the convening of a Constituent Assembly.

The senators prefer the Constitutional Convention mode to amending the charter.

Trust basis

HR 1109 provides limitations on what the constituent assembly can pass. It states that the term of office of the President and other elected officials cannot be extended, and that there will be elections in 2010.

But when asked if these provisions will be respected by the constituent assembly, Ortega said, “It’s a trust basis. I can assure you of my pledge. But I cannot speak for the others. You have to ask them.”

When asked if the 2010 elections could be postponed by the constituent assembly, Rep. Barzaga Jr. said, “Everything is possible. It depends upon the wisdom of the constituent assembly.”

Following the approval of HR 1109, militant group Bayan called for a nationwide protest on Wednesday afternoon. Bayan secretary-general Renato Reyes Jr. said they will be at the House of Representatives at 1 p.m. on Wednesday.

“With the railroading of the Con-Ass resolution, we are calling on the people to express their utmost indignation through nationwide protest actions. More protesters will come as the Arroyo regime shameless pushed the self-serving Cha-cha,” he said.

SOURCE: ABS-CBN NEWS Online, June 2, 2009

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