Tag: business costs

Where Honor Has Become Alien

Speech before the Rotary Club of Quezon City,Β Club Filipino, San Juan City

I speak to you tonight in what can best be described as living in the worst of times, which collectively we can make the best of times.

We are incessantly told, through media and public pronouncements, that the economy is on a roll. The proof, we are told, is that the peso is at a seven-year high compared to the weakening American dollar.

The proof, we are told, is that the stock market is booming, where even worthless paper sells for ten times its book value.Β  Continue reading “Where Honor Has Become Alien”