(Hypothetical CWF Term Sheet)

“The State shall encourage equity participation in public utilities
by the general public.” – Art. XII, Sec. 11, 1987 Ph Constitution

MCIF is a hypothetical, illustrative venture capital fund to be invested in enterprises in identified communities in the Mindanao region that have undergone a vetting system or an equivalent process of selection and de-risking that promotes bankability.

AMOUNT: USD100 Million
TYPE: Equity, privately owned without sovereign guarantees
FUND MANAGER: Professional fund manager carefully selected by…
RISK AND YIELD PROFILE:
Availments from BCIF are pre-qualified under presumptions of “good risk, high yield”, validated by a rigid assessment process by qualified, professional Fund Managers.

TENOR/EXIT MECHANISM:
10 years exit for First Fund Investors. Capital build-up programs for fund users and beneficiaries are prescribed, against which First Fund Investors can exit. Takeouts by Secondary Investors are exit options for First Investors. IPO after 3 to 5 years is another exit option.

USE OF FUNDS:
Primarily invested in capital assets by the Fund as a surrogate owner of depreciable assets with high economic, and utilitarian value in manufacturing, processing, storage, and logistics of community-produced raw materials for use by SMEs under lease or pay-as-you-use, or “Sukuk” arrangements. Such as:

• Common Asset and Service Facilities -- processing plants, machinery, storage equipment, warehouses, tractors, farm implement pools, common lab / R&D.
• Toll common post-harvest facilities and farm-to-market infra.
• Strategic Nucleus Estate Enterprise, and other strategic assets.
• Of highest priority are investments in strategic, high-impact assets such as Renewable Energy fed power plants.
  
  
  FUND INVESTMENT PHILOSOPHY:
  The fund investment philosophy is premised on the “scarcity of capital and financing in the Agriculture and the SME sector” where investments are needed most and will produce the highest impact in the development of economically viable communities. When impact communities become viable enterprises through innovative systems, Capital, freely abundant to the elite but scarce to the SMEs, can be democratized by providing them not with cash capital, which can be risk-vulnerable, but with access to capital assets under de-risked arrangements and more affordable lease, “Islamic Sukuk” or pay-per-use terms. Along with a well-structured and managed capital build-up program for beneficiaries and users, a convenient exit mechanism for Investors is created while transforming small but viable entrepreneurs into savers and eventually investors. -- ESG-oriented, enlightened Socio-Capitalism through Impact Investments.
  
  
  THE COMMUNITY IMPACT
  A Community Impact Fund, a CWF properly managed, addresses unemployment and underemployment, rampant migration, scarcity of capital, corruption, and involuntary poverty. Impact Investments that create community linkages can cure these interconnected symptoms of poverty. Impact Investments create more enterprises, and more enterprising communities, stimulate their productivity and growth, create good jobs, and foster self-reliant communities and households that seekers of better lives will go to rather than leave behind. It enhances the Productivity of People (POP) in communities.
  
  

THE GAPP PERSPECTIVE
Generally Accepted Practices and Policies or GAPP for Sovereign Wealth Funds was developed by the International Working Group of Sovereign Wealth Funds (IWG) in 2008. The GAPP provides a set of voluntary principles and best practices for Sovereign Wealth Funds to promote transparency, accountability, and good governance covering various aspects of the fund's operations, including investment strategy and risk management, governance structure, and financial reporting.

The usefulness of the GAPP lies in its ability to promote good governance and responsible investing practices among Sovereign Wealth Funds. The GAPP helps to enhance its reputation and credibility among stakeholders. Moreover, the GAPP provides a benchmark for best practices that Sovereign Wealth Funds can use to evaluate and improve their operations continually. This can lead to greater efficiency and effectiveness in managing the fund's assets, which can ultimately benefit the fund's stakeholders, including the citizens of the fund's home country.

SYNOPSIS:

This is a recap of an old R&D Study on Community Wealth Funds and Sovereign Wealth Funds circa 2020.

RESEARCH:

• What are CWFs and SWFs? What are the facts and best practices surrounding them?

DEVELOPMENT:

• What lessons can be learned and applied for development? For whom and by whom?
• What disruptions and innovations are coming and to be prepared for, as Yr. 2022 ends with a bang(?).
• Why are there debates on the subject raging, like an LPA brewing into a full-fledged STORM?
• What doors are open for the knowledgeable patriot to help in this Game of Thrones?

What is a Community Wealth Fund (CWF)?

There may not be that many Community Wealth Funds operating in the world today. It is not easy to find examples of CWFs presently operating. In the Ph, there is probably none so far. One way to understand CWFs is to understand Sovereign Wealth Funds (SWFs). An SWF is a type of CWF. Not all CWFs are sovereign.

For this white paper, a CWF is an investment fund that can be state-owned or non-state-owned. A CWF can have the characteristics of an SWF except for the attribute of sovereignty.

What is a Sovereign Wealth Fund (SWF)? How are SWFs explained by experts? What examples will illustrate a clear understanding of its significance?
“A Sovereign Wealth Fund is a state-owned fund or entity investing in real and financial assets such as stocks, bonds, real estate, precious metals, or alternative investments such as Private Equity, Venture Capital, or Hedge Funds. Most SWFs are funded by revenues from commodity exports or foreign exchange reserves held by the central bank and are invested for long-term returns for the benefit of the nation’s economy and its citizens”. Foreign exchange reserves refer to liquid foreign assets held by the Central Bank of a country. Foreign assets comprise assets that are not denominated in the domestic currency of the country, such as US Treasury Bonds and Panda Bonds.

“In general, SWFs tend to prefer returns over liquidity, making them more risk-tolerant than traditional foreign exchange reserves, according to the non-profit Sovereign Wealth Fund Institute. As described by the Institute, the traditional classifications of SWFs include:

• Stabilization funds; Savings or future generations funds.
• Pension reserve funds; Reserve investment funds.
• Strategic Development Sovereign Wealth Funds (SDSWF).
• In some cases, sovereign wealth funds will invest directly in domestic industries.

“Some countries have created SWFs to diversify revenue streams. For example, the United Arab Emirates relies on oil exports for its wealth. Therefore, it devotes a portion of its reserves to an SWF that invests in diversified assets which can act as a shield against oil-related risk. According to the World Economic Forum, as of 2018, the UAE's fund was worth about US$683 billion. The Forum also finds that Norway’s SWF, the largest single fund in the world, has exceeded US$1 trillion since 2017”.

The SWFs of Singapore are probably the most prominent among global SWFs:
Govt of Singapore Investment Corp. (GIC) is a sovereign wealth fund, with a mandate to preserve the purchasing power of SG Dollar. Its investments are limited to highly liquid foreign securities as a tool to manage the foreign reserves of SG. Temasek Holdings is an asset manager mandated to generate long-term yields and investment returns for the State assets of SG. The Monetary Authority of SG (MAS) is mandated to manage the SG Govt’s cash deposits and liquid assets.

QUO VADIS PH SWF 2022?

What lessons can be learned and applied from ongoing global best practices amid the raging storm signaling the birth of the Ph SWF?

Will it be stillborn or are we having a healthy baby that will grow to become robust and resilient from birth pains weathered and start-up adversities hurdled?

Where is the wise counsel of the knowledgeable from the Communities, the true Sovereign? Watch it coming – a stillborn baby is silent and still; watch us slap your butt, SWF, so you can cry with newborn LIFE!

Communities are sovereign; CWFs are SWFs; SWFs are CWFs…

Bob Calida
January 2020 (with addenda in 2022)
This is a summary of insights, notes, reference materials, and points, intensely researched over several months about SWFs. A collection of in-depth Q&As, commentaries, and links to references on the subject are available on request to rscalida5@gmail.com

Dear patriots, trad-politicians, activists, and pseudo-activists,
‘Red-tagging’. Curious how the signature word is used to underline a curious pack of overused, pretentious slogans such as “Human Rights Defenders”, “EJK”, “dictatorship of the proletariat”, “revolutionary tax”; curious who use these Signatures behind political face masks, ideological face shields, sophisticated sleight of hand; curious why they hide behind the ambiguity of lofty advocacies to camouflage true intent and advance their obsolete agenda; curiouser when their comrades explode land mines while ascribing EJK to others but themselves; curiouser how they raise clenched fists clamoring for “dictatorship of the proletariat” while practicing their own brand of “dictatorship by the exiled and his puppets”; curiouser how they recruit young students, brainwash and bring them to the mountains to carry arms as child warriors, in blatant disregard of the rights, responsibilities, and love of parents over their children, as declared in Article 26 Section (3) of the 1948 Universal Declaration of Human Rights; curiouser how they extort funds mislabeled ‘revolutionary taxes’, or ‘donations’ for cloaked beneficiaries -- themselves disguised as ‘NGOs’ -- in a form of pernicious taxation without representation, in violation of fundamentals of good government they pretend to fight for. We, the people, will speak our minds about the simple clarity of Signature Words, muddled and made complex by sophistries of selfish interests.
--Signature Words II 8/18/2021 SIGNATURE WORDS II

Complicating the simple is the PROBLEM…

“Red-tagging must end,” a curious cliché echoed and re-echoed by organs representing several ‘Party Lists’ even while being charged by former comrades as “insurgents and terrorists in disguise”.

“Red-tagging has to go,” declares a newly appointed political expert, referring to the un-merry mix-up where (a) left-leaning activists are labeled “terrorists-insurgents”, wrongly (or not) subjecting them to real, imaginary, or presumed risks; the other side of the mix-up happens when (b) identified, active, “terrorists-insurgents” hide behind the cloak of the ambiguous phrase “red-tagging”; the confusion is conveniently sustained by (b) propagandists with hidden, self-serving agenda, and sometimes by (a) authentic, concerned “human rights defenders”, and sometimes by (a) plain, simple patriots who care.

What is actually alluded to as “having to go” is perhaps nothing more than just the innocent, left-leaning-adventurer-all bluster, no impact” type; there is a clear distinction between the (a) former and the (b) latter that is rarely noted in public discourses; they add more confusion and obfuscation to the public awareness, the common observer, and even the objective, conscientious objectors; but the hard-core, self-serving propagandists are able to disguise themselves as champions of “human rights” and “freedom of the press” by sophistry, using clichés and Signature Words like “red-tagging”.

The simple truth is that there is no valid reason to harass plain “activists-adventurers” but there are enough legal grounds to bring identified “armed insurgents-terrorists” to justice and all the moral reasons and social compulsion in the world to ask them to “come home” or (if they refuse to “come home”) send them to prison for illegal acts harmful to society. Distinctions between patriotism-activism and “treason-sedition” are clear and simple, and the ambiguity and ambivalence of Signature Words like “red-tagging” should not suppress and hinder actionable clarity.

“There’s no such thing as red-tagging,” says the spokesperson of a duly instituted anti-armed insurgency, anti-terrorist govt agency, citing a Supreme Court ruling that declared the “mere labeling of a group as a communist front is not an actual threat to one’s right to life, liberty, or security,” When a govt body charged with the task of ending the armed insurgency identifies a person as a “terrorist-insurgent”, the act is not “red-tagging” – it is more precisely described as the identification of persons involved in illegal activities. What is the point of “red-tagging” in that context?

Something’s got to give…

Red-tagging, what a curious phrase; when people realize the implications of its use and misuse, it gets curioser and curioser. What is red? What is tagging? What is red-tagging? What is treason? What’s the fuss all about? What’s the real problem? Is it a matter of semantics, etymology, sophistry, or logic, or is it something of graver social complexity? If it’s such a big deal, what is the solution?

“Red is a color at the end of the spectrum next to orange; it has a range of symbolic meanings including war, anger, and love.” Is it to the credit of the Communist Movement that Red became the symbol of “Communists” in the aftermath of the cold war era? Or is it to the credit of sociologists, etymologists, and wordsmiths? Or both?

“Tagging is the action of attaching a label to someone or something.”

Red-tagging: a curious phenomenon, a word tandem that’s more than the sum of its parts, a mathematical anomaly – very curious that the modern meaning of “red-tagging” does not equate to the simple linking of “Red” with “tagging”. If it were, there would be no problem at all, as being Red per se, is neither a crime nor a problem. But the anomalous reality is that the term “red-tagging” has put on a new life and meaning of its own, apart from the literal meaning of “Red” and “tagging”, taken individually and taken together. The meaning can be harmful or made to appear harmful.
Thus, “Red-tagging in the Ph refers to the malicious blacklisting of individuals or organizations critical or not fully supportive of the actions of a sitting government administration in the country.”** -Wikipedia is a free encyclopedia and a Wiki can be edited by anyone, anytime; it collects word meanings from common usage and interpretation by people in a community, developed and practiced over time, not the other way around. Wikipedia has no moral authority to define “red-tagging”, it merely echoes and picks up the common usage in a given community. One can easily challenge the accuracy of Wikipedia’s definition, but that would be pointless since Wikipedia is merely a “mirror” and not a “carrier”. Clearly, the problem is not the idea or act of “red-tagging”, but the malicious, sophisticated, contrived, harmful usage, interpretation, and slant that the two-word tandem is made to appear.
Treason is “the crime of betraying one's country, by attempting to overthrow the govt. Sedition is a crime that consists of inciting rebellion or violence against the govt.” (Oxford dictionary) Which is more concise, relevant, and deserving of common public usage -- “red-tagging” or “treason“?

Simplifying the complex is the easy SOLUTION…

If using the words “red-tagging” is causing confusion, angst, stress, and distress, if it leads to uncertainty and deception of people, why prolong the agony? If we stop the use and misuse of the phrase and replace them with more concise, positive words and actions, if we start to edit Wikipedia (after all, Wiki is a DIY encyclopedia) they will eventually be expunged from the vocabulary; along with the words, will go the actions, and we will all be better off for it. If there is anything that must stop, it is the use or misuse of the misleading two-word tandem “red-tagging”. For the sincere social reformist, we can say instead “leftist-activist” and not “red”; to the authentic revolutionary, we can say, go ahead and do your thing, we respect your contrarianism as long as you respect our peace and our laws; for the student, recruited, deceived, indoctrinated, taken from parents, hiding and fighting in the mountains, we can say “come home brother/sister and get healed”; for the pseudo-reformist that will not reform but continue fighting and killing, we can say “treason and sedition are crimes against the state, and traitors will be jailed”; -- “claro-claro lang.”

It’s the use of concise words, precise meanings, correct etymology, common sense, transparent logic, and the plain and simple TRUTH, that will solve our problems, not trickery or sophistry or contrived complexity, not deception, not the disguise of hiding behind complex Signature Words “red-tagging”. Let us give our Nation and our People, the simple truth, clarity, and wholeness that they deserve.

“In Unum Veritas, in Veritas Unum.”

Bob Calida 8:00 am 6/30/2022, the year of new milestones, beginnings, and endings.

**From Wikipedia: Red-tagging in the Philippines refers to the malicious blacklisting of individuals or organizations critical or not fully supportive of the actions of a sitting government administration in the country. These individuals and organizations are “tagged" as communists or terrorists or both..,
***A rejoinder from a citizen of the Republic of the Ph: If it’s easy for Wikipedia to condemn, it is because it carries no moral responsibility, it is merely a mirror of peoples’ words; if Wikipedia is a Wiki, then it can and should be edited anytime, by anyone, by those who carry the moral responsibility, according to the values of truthfulness and clarity. Let not deceptions, and alien values picked up by Wikipedia shape us, let us be the ones to shape Wikipedia and use it as a tool to propagate our Truth Values; Wiki will merely pick up what we manifest as a “WHOLE COMMUNITY”. Let’s do it now!

CALL TO PRODUCTIVITY
Earth, where peace reigns and hatred has no home,
earth (Ph included), home of abundance. – Star Trek (Episode 10)

TREASURES IN HEAVEN
“Store up for yourselves treasures in heaven,
where moth and rust do not destroy, and where thieves
do not break in and steal. For where your treasure is,
there your heart will be also.” -- Mathew 6:20

The Ph community is an old adolescent -- fragile, malleable,teachable, discovering new paths to growth, maturity, resiliency, and prosperity, its God-given strengths and ebullience unseen by the naked eye, unaided by insights; it has been, the envy of Oligarchies, domestic and foreign, corporate and individuals, who can see the rich, poor man of Asia, and know better.

The Ph nation is a conundrum; it is branded one of the least developed, ranking high in global poverty ratings; yet it is potentially the most productive; it had the highest GDP growth rate in ASEAN until the Pandemic disrupted the economic settings.

In its vast territory of mountains, forests, and plains, flows the Mindanao River Basin, one of the longest and largest, that not only sustains its rich, fertile agricultural lands but also feeds the Mindanao Grid with more than 700 installed MWs of hydropower. Amid all this, lie large marshes with massive potential for fisheries development above, and massive natural gas deposits, below.

The seas along its coastlines, one of the longest in the world, and the deep seas within its Exclusive Economic Zone teem with abundant fish that feed its people and the wealthy in HK, Tokyo, and Sg and provide livelihoods to fisher folks, big and small.

On top of all these is the Filipino, its greatest resource, resilient, patient, creative, adventurous, and engaging; they may be called sleeping giants for now; but those that find their way abroad, are collectively giants in their own right -- domestics, caregivers, nurses, doctors, IT/Fintech experts, technicians, professionals, scientists – they are actual favorites among other nationalities in HK, ME, SG, Israel, Europe, the US. It is not difficult to find out why. When “POP” is done, there will be more and better jobs in our backyard; they will then have to compete for their talents and labor.

“WON and POP”. Ph, a rich nation with wealth unseen, suppressed, and deferred until now. “WON” and “POP” will start to uncover this wealth, starting now.

Bob Calida Dec. 25, 2021

PRODUCTIVITY

Production is what we make; Productivity is what we are.
Everyone has the seed of productivity from which to grow.
Communities can be productive and become better and better.
Communities can be productive and prevail; -- or perish.
Is there a better way?

House Bill 10410, which will repeal "Productivity Incentives Act of 1990", just passed the Lower House: https://www.manilatimes.net/2021/12/03/news/regions/productivity-incentives-bill-approved-by-house/1824499?utm_source=izooto&utm_medium=push_notifications&utm_campaign=news

Dear compatriots,

This is a call to Productivity; more and more and more of it; more and all of it, as much as it takes. There is no better way to prevail and survive in the coming age of the 3rd Millennium!

Kudos and thanks to the House of Representatives for passing House Bill 10410 “seeking to strengthen productivity incentives for enterprises and promote inclusive and sustainable productivity growth.

It’s a good law that points us to the right path, but incentives may not be enough…

It is not enough to survive and overcome another:

• another 52 years of armed Insurgency gone mad and murderous; not even 52 weeks.
• not another decade for a rich habitat degraded by creeping Poverty of its people.
• not another six years for a community that keeps losing wealth to its own Corruption.
• not another six for the masses that ceded bed, and board, and dignity to Oligarchies.
• not another boom-bust cycle for a people run dry by its own Complacency.
• complacency that spawned a vicious cycle of Poverty-Inequality-Insurgency-Criminality.
  *a circular force so strong that it can only be pierced by a surge in national Productivity.

A CITIZENS’ PRODUCTIVITY MOVEMENT!

What it takes:
Individual and communal productivity: closely interconnected moves and interrelated actions; one shapes the other and vice-versa; one feeds and nurtures the other and vice-versa; how do we start this big deal from virtually nothing?

Let’s start with first aid, simple moves that are easy, quick, not too costly to accomplish, with immediate impact;
Next, we do “major surgery”: more complex, elaborate, costly, with long-term permanent impact, as if treating cancer;
Finally, we start “moving mountains”, give our best shots, and everything we got, to induce the birth of a national, continuing, MOVEMENT contaminating everybody with the ‘virus of Productivity’ -- against this, there is no antidote, except complacency and unbelief, the first mountains that must move away.

So here goes -- first aid; major surgery Reforms; Programs to move mountains:

DECONGESTION: SHORTER QUEUES, SHORTER PILA

No more long queues in govt facilities, by self-imposed administrative, management reforms:
* govt banks like LBP, DBP, PVB; AFPSLAIs, and other public SLAIs;
* GSIS, SSS, and other GOCCs that provide public services (already ongoing btw);
* Govt centers that provide public services like cash aid, passporting, etc.;
* Other facilities like Ports, Airports, and public transport terminals.

No more long Pila in private facilities, done by incentives, persuasion, or moral suasion.
*in banks, malls, transport terminals, and service centers; for example, big, prosperous banks have no business tolerating long queues and bottlenecks in serving depositors.

Decongest highly urban centers like EDSA, and the NCR, by better Urban Planning practices, or better still, accelerate the “BALIK-PROBINSYA Program” (as proposed and discussed below):

Nothing wastes our energies and productivity more than idle queueing in long lines – be it for “AYUDA”, or gift packs ala Community Pantry, or “bank cash withdrawals”; the masses think they have no choice, but they actually do, if we put our hearts into it and move together as Community; it is not too hard to manage queue lines, especially when transactions with economic value are involved, like bank cash withdrawals. It’s first aid for us to stop the practice NOW! (it’s starting to happen, in govt and the private sector, like Landbank going digital, spearheading the digital transformation in govt and enterprise.)

PROGRAMS THAT TRIGGER, AND INDUCE, PRODUCTIVITY

A Whole-of-Nation Approach – Public and Private

The Keep the Change Program* (KTC). The “Gleaning Principle” to monetize, mobilize and recycle dormant, hidden, people’s wealth: KTC PROGRAM paper is available on request.
* Dormant fractional change: Php720M annually from the KTC can help fund UBI
* Search for similar dormant peoples’ assets like dormant bank deposits.

REFORMS

(1) Major roadblocks to Productivity and Prosperity
Corruption, Criminality, and the protracted ‘Armed Insurgency’ are the top roadblocks to Productivity; they have stifled and suppressed individual and communal Productivity and the prosperity of the entire Nation. *

“The buck starts here with me”; without “corruptors” there is no corruption.
Corruption Impedes economic growth: (from a commissioned study)
Corruption taxes and hinders entrepreneurship.
It reduces the quality of public infrastructure.
Reduced public trust in government inspires armed conflict and repression of the poor.
Carefully crafted, anti-corruption programs yield important poverty reduction results.

(2) PRODUCTIVITY - A ‘POP’ CULTURE

Restoring and protecting Productivity of People (POP) and Communities:
Stop excessive long queues that waste time and productivity of people**.
Reduce and stop congestion in public areas, offices, banks, service centers, and roads.
Reverse excessive urbanization, congestion, traffic, and man-made bottlenecks**.
Support Anti-red tape in govt and private sector (ARTA);
Productivity/Efficiency Movements, public & private: Managing GOCCs well (ala Temasek of SG).

(3) TAX REFORMS

Towards reasonable, equitable, efficient, affordable tax systems exemplified by TRAIN 1 and 2, and CREATE, signed into law in April 2021:
Progressive, developmental utilization of taxes that recycle our people’s wealth;
Making able taxpayers, willing and eager, to share the costs and fruits of good government;
Productivity comes from a culture and habit of giving and sharing:
Giving to govt and nation through correct taxes is a simple, direct form of a CSR mindset;
Tax consciousness is the instinct of good housekeeping and patriotism;
It is the Godly sharing in the costs of governing community, akin to the giving of tithes;

(4) FINANCIAL REFORMS

Financial reforms that promote Inclusionary Development and Productivity:
Reforms in Agri-Agra, and MSME lending law and practice to improve access;
Banking reforms for more equitable access to bank services and credit for smallholders.
Inclusive digital banking where no one is left behind, unserved or underserved.
Developing a culture of responsible credit consciousness as a personal and social value.

Strong, robust Financial Institutions. Banks and FIs are seen to grow even more when they funnel an overflow of growth to the underserved market peripheries, making the consumers and users of their products and services grow as prosperous as the FIs that serve them**:
-More consumer-oriented “branch banking practices” not just more bank branches;
-Fintech, notably digital banking, will reach the underserved peripheries, not just Fin Centers;
-FIs will have branch-customer-oriented websites that showcase service quality practices;
-FIs honor the Productivity of customers and will not tolerate the practice of long client lines.
-Banks can be community-oriented by disclosing branches’ local deposits to local loans ratio.

(5) IMPACT OF REFORMS

Reforms will mean better cash flow for all:
More taxes for govt; more access to social amelioration, and capital for citizens and enterprise; reforms are inter-connected, correlated by purpose, and with results: more supply, broader, more equitable distribution, and higher velocity of money that will keep the nation healthy, and energized, enough to overcome calamities and realize the true potential of its people.

(6) PRODUCTIVITY AND REFORM PROGRAMS

Productivity Programs:
(a) BALIK-PROBINSYA: BALIK-PROBINSYA (BP White Papers) BP Incentives Program

(b) Universal Basic Income: THE NEW NORMAL; a snapshot summary of what people say of UBI
UBI PROs & CONs; FUNDING UBI D3 a quick scan of our ability to fund a Philippine UBI program;
KTC PROGRAM Keep the Change Program, recycling Peoples’ wealth to help fund UBI.

BP and UBI can start with a govt/legal mandate, and then get caught by all like a virus; a successful BP program supports and can help fund a successful UBI program and a successful UBI program enhances and supports the continuing success of the BP program.

(c) Poverty eradication programs by the private sector, like “ECSOM” and “Smart Cities”;

(7) IMPACT OF PRODUCTIVITY PROGRAMS

Productivity and Reforms Programs will induce the creation of beneficial, sustainable cycles:
The package of Programs will trigger the creation of beneficial, sustainable, replicating cycles that will launch the nation to fulfill its aspirations in an environment of Peace and Productivity:

Reforms = more govt cash = more people support programs
= more available capital = more productivity of people and institutions = more cash
= more capital = more spiraling productivity cycles in the Whole of the Nation.

THE OUTCOMES

What would be the outcomes of successful runs of the proposed Reforms and Productivity Movements? The FF comes from an ongoing Research, Assessment, and Development study:

POP IMPACT (PHP)
(Research findings available on request)

PH THE PROSPEROUS
The Ph community is an old adolescent -- fragile, malleable, teachable, discovering new paths to growth, maturity, resiliency, and prosperity, its God-given strengths and ebullience unseen by the naked eye, unaided by insights; it has been, the envy of Oligarchies, domestic and foreign, corporate and individuals, who can see the rich, poor man of Asia, and know better.
The Ph nation is a conundrum; it is branded one of the least developed, ranking high in global poverty ratings; yet it is potentially the most productive; it had the highest GDP growth rate in ASEAN until the Pandemic disrupted the economic settings.
In its vast territory of mountains, forests, and plains, flows the Mindanao River Basin, one of the longest and largest, that not only sustains its rich, fertile agricultural lands but also feeds the Mindanao Grid with more than 700 installed MWs of hydropower. Amid all this, lie large marshes with massive potential for fisheries development above, and massive natural gas deposits, below.
The seas along its coastlines, one of the longest in the world, and the deep seas within its Exclusive Economic Zone teem with abundant fish that feed its people and the wealthy in HK, Tokyo, and Sg and provide livelihoods to fisher folks, big and small.
On top of all these is the Filipino, its greatest resource, resilient, patient, creative, adventurous, and engaging; they may be called sleeping giants for now; but those that find their way abroad, are collectively giants in their own right -- domestics, caregivers, nurses, doctors, IT/Fintech experts, technicians, professionals, scientists – they are actual favorites among other nationalities in HK, ME, SG, Israel, Europe, the US. It is not difficult to find out why. When “POP” is done, there will be more and better jobs in our backyard; they will then have to compete for their talents and labor.

“WON and POP”. Ph, a rich nation with wealth unseen, suppressed, and deferred until now. “WON” and “POP” will start to uncover this wealth, starting now.

HOW DO WE EXECUTE?

Bob Calida Dec. 25, 2021
The points presented here were compiled from several Position Papers and essays written over the lockdown months of 2020 and 2021; they may have been written in an environment of ease and tranquility but are now submitted with a sense of urgency.

Linked or attached Papers and References: (available on request)
A shotgun wedding 11/20/2020 Reforms Open Letter 7/20/2020 *
Ending Corruption 8/18/2020 * UBI PROs & CONs 9/9/21
BP Whitepaper | BP Incentives Program “BALIK-PROBINSYA”, May 2020
https://opinion.inquirer.net/139275/doing-stimulus-right Doing stimulus right by Cielito Habito

Dear Filipinos, all over,

May 24, 2016; PSEi closed at 7356.72; Philippine Daily Inquirer reported remarks from UK-based think tanker Oxford Economics warning our newly elected president that “rough talk will turn-off investors”.

May 29; PSEi closed at 7411.68 at weekend; WAWD, storyteller, and tracker of future history, responded by saying “ma’am, I respectfully say I don’t think so, investors are smarter than you think”. Putting money (or beer) to its mouth, WAWD placed a bet for 3 bottles of beer that our stock market will perform better in three months.

On July 22, almost three months after the elections, and almost two months after WAWD placed the bet, PSEi closed on high volume, at a 14-month high of 8102.30, hovering close to its all-time high of 8127.80. We don’t know if Oxford Economics took the bet, but if it did, would WAWD have won the wager? It looks like it did!
Beer, or even just the thought of it, could not be sweeter than this.

Cheers and bottoms up!
--Bob Calida
WAWD July 24, 2016

Dear Esemenay,

With this story of barbers, heads, heads of State, and the barbered, we send you cheers, and a quantum thanks, for the precious gift of plain truth; indeed “truth that matters”, matters!

Very few human relationships last longer than our relationships with barbers. When one or the other goes away, he is invariably replaced; when one passes away, like the King or the Pope, an able successor takes over.

Outside mom and dad, I have clear memories of Lolo Inkoy and Canuto my barber, and no one else,  when I was just five; since then I always had a barber, even if there were times that I did not have a girlfriend, a spouse, a cook, or a driver; barbers are more than just hair-snippers; when I think barber, I think “good friend, advisor, news anchor, tipster, source of good news, fresh, reliable news that’s never rapplered; I think “Kuya, caring, funny and never corny; smart but polite, deep but not pedantic”; I don’t need to ask him “what’s up”, he tells me what’s up, or down – the price of gas, power, pork; he may never be a Nobel Prize winner (thank God), but to me, he is the man for all seasons; that’s my barber – Canuto when I was five, and now Jerome, at five and seventy, with not more than ten barbers between the two. Unfortunately (or maybe not), none of them delved into the stock market.

I will confess later why I went to see him last Feb. 16; yes, I did, and voila -- I feasted on such yummy updates that I felt like I was in a Christmas eve banquet: “what’s the latest on the West Philippine Sea (“it’s the WPS Kuya, not the SCS”); why the Chinese make better and better products now unlike the trash that they did before; where Pinoy fishers go for fish to avoid water cannons; what’s up on “regional security”, with Ph, Vietnam, Australia, and Japan, getting cozy; what can be done with schools; what really happened during martial law; how Zambales sand and gravel got to become artificial islands in Scarborough, and many other goodies, and a shoulder massage, all in twenty minutes; I felt like I was listening to Boy A. chatting with Karen D. or to an amusing narrative of a “Marites”.  Jerome cannot match the prowess of Prof. Carlos, but easily his portfolio is more diverse, and definitely, his massage is more soothing!

The uncanny and heady feeling brings me to the point of my confession: that the presidential debates last Feb. 15, exceeded people’s expectations, and the net effect that led me to remember Jerome, and go savor his nice service package the next day, in the same manner, that I savored the wonderful treat at Okada.

Yes, the debate, its ambiance, the Miriam-like audacity of Prof. Carlos, the wholesome mental exchanges, and calisthenics, particularly by two of the four participants made me feel like I was with Jerome, freely enjoying his talents, and his smart hair-snipping, hair-splitting ways.

Yes, that’s Jerome, my zany, savvy, hair-snipping, hair-splitting savant; now, with two from the Presidentiables added, there are three, and I know who they are, and I know what to do come May; thanks to you ESEMENAY; you’re the game changer setting the bar of excellence!

Bob Calida
WAWD 2/22/2022  https://www.wealsowalkdogsblog.com/

I sing because I’m happy, and I sing because I’m free, for His eye is on the sparrow, and I know he watches me. And I know He watches me, and I know He watches me.

Let not your heart be troubled, His tender words I hear. And resting on His promises, I lose my doubt and fear, though on the paths He leads me, just one step I may see; for His eye is on the sparrow, and I know He watches me. His eye is on the sparrow, and I know He watches me. --an old Christian hymn based on Luke 12:7

HIS EYE IS ON THE SPARROW
“I will reactivate the Sparrow** Units in the Ph” (or words to that effect) – JS, Dec. 2020;

“Bring it on” ... -- Pacman, responding to enemies in and outside the ring;

“Bring it on” ... CGD said after replying to a leading question in a Senate hearing, 2020;

“My God, I hate that!” – PRRD’s favorite expression in reacting to abuses that harm the nation;

“His eye is on the sparrow.” – Jesus, speaking to the Jews more than 2000 years ago, and to all people, for all time, in Luke 12:7 “there is nothing concealed that will not be disclosed... do not be afraid of those that kill the body and after that, can do no more... you are worth more than many sparrows.”

“Who should we follow?” – asks WAWD, January 15, 2021

History repeats itself, giving people clarity and understanding; who should we follow? -- prophets of doom and death or leaders who care? -- false prophets and cohorts who use sparrows, or the good Shepherd who cares for people and little sparrows?

Bob Calida January 15, 2021

**Sparrow is a small bird known as Maya in Tagalog; Sparrow Units refer to so-called SPARU or Special Partisan Unit of the NPA, feared, notorious (EJK) assassins in the stormy 80s.