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Opinion

It needs lots of money to make money

HAVE BAT WILL STRIKE - Juanito V. Jabat   - The Philippine Star

A big crocodile was rescued during the big flood in Manila. A TV anchor quoted someone as saying the croc was a politician.

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 The wife of a local politician who heard it said: “This is not a time for Manilans to speak ill of someone ... Unya na lang paghubas sa baha.”

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 E-mail from Pete Carino: “I wanted the Team USA to win every game in London but I did not watch any of its games... I don’t like to see Kobe Bryant. May pagkahambugiro man gud.”

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 I just learned from a news story in the Philippine STAR that it needs lots of money to make money. Ask the Central Bank.

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 The Central Bank or the Bangko Sentral ng Pilipinas (BSP) has a budget of P4.276 billion for the currency printing and minting. But the cost for the first 11 months of 2011 amounted to P4.678 million, exceeding the budget of P4.276 billion.

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 So it doesn’t make sense, diay, for anyone to say, as we often hear it said: “Unsay pagtan-aw mo nako datu, murag Central Bank?”

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 By the way, the BSP is set to demonetize the old banknotes in 2013 although the exact date of demonetization has yet to be announced, according to the news story in the STAR.

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 So if you have lots of the old banknotes stashed under your pillow or elsewhere, get ready to have them changed. The BSP will announce when.

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 My kumadre Mindaluz Alquin-Reyes says the fight against the RH Bill and what it seeks to accomplish is too late as far as a neighbor of hers is concerned. Her neighbor, living in abject poverty, has 11 children. “Usa na lay kuwang mausa ka dosena,” she says.

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OVERHEARD. A commercial sex worker was heard by my informer to have said to a fellow sex worker: “Time out sah ko ron, Day, birthday nako mosimba ko kita-kits lang ta ugma.”

vuukle comment

ASK THE CENTRAL BANK

BANGKO SENTRAL

CENTER

CENTRAL BANK

KOBE BRYANT

MANILANS

MINDALUZ ALQUIN-REYES

PETE CARINO

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