- Posted by camryn_admin
- On December 14, 2020
- 0 Comments
There is something in common between these two schools of thought. I have long sought to find them, and that is it: none believe in free competition or true democracy. None of them believe in the development of a strong and domestic middle class. One group believes in a reign of economic aristocracy; the other believes in a dictatorship of popular demagogues. Both groups have no use for democracy, for the great middle class, for free enterprise, for the freedom, freedom and dignity of individuals. It`s the basis of their alliance. The first is a group that believes in the domination of a monopoly of the rich; the other group believes in a dictatorial regime by an oligarchy of political demagogues. Both are wary of democracy and the ordinary people. They see parity as a threat to their own selfish ambitions.
One group wants the status quo to continue; The other group wants to reverse the status quo so that they can have power themselves. But neither group wants to do anything to grow and develop this country, to give all economic and political equality, to make this nation a prosperous, prosperous and free democracy. If an American went to one of the cities or municipalities where there is no bus, electricity, telephone or gas, and created a utility company that provided one of those services, employed our employees, built facilities and facilities, wouldn`t we be better off? But this frightens opponents of parity. Those are the things that would take them away from the Philippines. Out of a total of 548,786 votes, 432,833 (78.89 per cent) voted yes and 115,853 (21.11 per cent) voted no. The amendment was part of the Bell Trade Act, also known as the Philippine Trade Act of 1946, which was passed by the United States. The law was designed to create conditions for the Philippine economy and link it to the U.S. economy. It introduced eight years of free trade between nations, after which tariffs are expected to be imposed over the next 20 years. Look, my countrymen, and see the glorious future that beckons us. The Philippines is destined to be a strong and prosperous nation.
But we must strive to deserve this fate. The approval of parity is only one step on the long road to national well-being. But if one step follows the other, the first step must be done. We can make the Philippines the glory and pride of democratic peoples around the world. And so we can pass on to our children and the generations that will come after them the priceless legacy of a rich and prosperous nation, dedicated to freedom and dedicated to the proposition that the opportunity be the privilege of all Filipinos. Let us try to say that, in our time, we have fulfilled the responsibility of our time and that we have not hesitated to act in good conscience, under the guidance of the Almighty God, in the best interests of our noble people. The law was supported by many Philippine politicians because of the economic benefits it brought as the Philippines recovered from World War II. The United States agreed to pay US$800,000,000 to the Philippines, provided the Bell Trade Act was ratified. The parity law was unpopular with Filipino citizens because the Philippine constitution stipulated that the Philippines` natural resources were reserved for Filipinos.