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Author Topic: ABS CBN and the AQUINOs  (Read 1657 times)

abusado2

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ABS CBN and the AQUINOs
« on: November 17, 2009, 04:39:00 am »
Napulot ko lang po to


Exerpt from WHY I TURNED DOWN ANC's INVITATION http://www.philstar.com/Article.aspx?articleId=523135&publicationSubCategoryId=64


The 2010 presidential campaign will follow the same pattern in the history of the war between the Lopezes and the Macapagals and their surrogates. Therefore it should not come as a surprise if ANC and ABS-CBN should favor Noynoy’s candidacy and be against President GMA or any candidate she anoints.

Here is that history according to McCoy. “As the leader of the opposition Liberal Party, president elect Diosdado Macapagal had a good reason to dislike the Lopez brothers. Not only had they financed his rival’s campaign but they were maneuvering for control of Congress to position Fernando for a presidential bid in 1965. Apparently realizing the economic basis of his country’s rent seeking politics, Macapagal tried to weaken Fernando’s political position by attacking Eugenio’s corporations. “

“An insinuation has been made that we used the ABS-CBN radio and TV networks to promote the political interests of the sugar bloc. The CBN network was organized as a complementary activity of the Manila Chronicle. As everybody knows, our family has been in the newspaper business since more than a generation ago when our parents started in Iloilo with Tiempo Times,” Fernando Lopez replied.

In the chapter, Elite Restoration under Aquino, McCoy had this to say “Marcos’s fall from power in 1986 heralded the restoration of the Lopez fortunes.”

“When Corazon Aquino ran as an anti-Marcos presidential candidate in December 1985, Fernando Lopez emerged from retirement to raise her arm in proclamation rallies all around Manila. Although hardly a major factor in Marcos’s fall, the strategy gave the family access to Aquino when she became president.

After seizing power in the EDSA uprising, President Aquino, in keeping with her policy of restoring the status quo ante Marcos, installed the Lopezes as acting managers of their old corporations during her first weeks of office.”

He also writes how political connections work. “At the outset, the restored network operated on the edge of extinction. With a single station, borrowed equipment and heavy bank loans, the network could have gone bankrupt. But through a mix of political manipulation and skillful management, Channel 2 became Manila’s premier television station and the most lucrative of current Lopez investments.

“Using close ties with the officials in the Aquino administration Lopez leased equipment from Roberto Benedicto’s networks now under government sequestration. Although the terms of the lease were generous, Lopez reduced the cost further by avoiding any payment during the six years of Aquino’s rule. Two years later the station captured an unprecedented 41 percent of Manila’s television audience and earned P191 million making it the most profitable station as well.”

That is why I turned down the invitation from Media in Focus.


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Mga mods pakilipat nalang po kung sa maling thread po ako nakapagpost
Dont blame me I didnt vote for him...

darksnyder

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Re: ABS CBN and the AQUINOs
« Reply #1 on: November 27, 2009, 01:04:03 am »
alam ko may book ng nasulat regarding this eh, kung paano patuloy na ginigisa ng mga kompanya ng mga lopez ang pilipino sa sarili nating mantika, at ang channel 2 at iba pang media outfit nila ang tagapagtanggol nila...

sapakolero

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Re: ABS CBN and the AQUINOs
« Reply #2 on: November 27, 2009, 01:15:45 am »
halatang halata naman e, kung pano pa lang ibenta ng abs-cbn c noynoy aquino kitang kita na

equinexxus

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Re: ABS CBN and the AQUINOs
« Reply #3 on: December 23, 2009, 03:54:58 am »
let the truth be known that noynoy aquino is a stooge for big businesses and not the messiah of the common man...
"My religion consists of a humble admiration of the illimitable superior spirit who reveals himself in the slight details we are able to perceive with our frail and feeble mind." - einstein

IWARAS

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Re: ABS CBN and the AQUINOs
« Reply #4 on: December 23, 2009, 04:17:39 pm »
halatang halata naman e, kung pano pa lang ibenta ng abs-cbn c noynoy aquino kitang kita na
sapul ka dito brad, nuff said...

Zuproc

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Re: ABS CBN and the AQUINOs
« Reply #5 on: December 23, 2009, 04:35:23 pm »
matagal na to. Ewan ko lang kung bakit ang iba sa atin hindi alam ito. Halata lang ang pagiging garapal nila. Pag nanalo si Noy Noy may papakinanabangan nanaman sila. Napakabias talaga nila