Marcos says Maharlika fund creation his idea

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For the first time since lawmakers filed a bill seeking to create the controversial Maharlika Investment Fund two weeks ago, President Ferdinand Marcos Jr. broke his silence and publicly expressed support for the proposed sovereign wealth fund. READ:

Asked if the MIF would be “advantageous” for the Philippines, he said: “For sure. I would not have brought it up otherwise.”

Initially, the president was to chair the board that would manage the fund, but proponents of the bill also decided to replace the chief executive with the finance secretary. “Let’s not debate until we see the final form because we could be debating about provisions that will no longer exist. So let’s just wait for what the legislature will do,” he said.Senate Minority Leader Aquilino Pimentel III said the president’s comment supporting the MIF was a signal to his allies in Congress to back the measure.

Among others, the proposed Maharlika fund would have 20 percent of its profits allotted to social welfare projects, while imposing penalties on those who would violate the fund’s investment policies. The report was signed by Tieng, appropriations panel chair Rep. Elizaldy Co, and ways and means committee chair Rep. Joey Salceda.

He also assured the public that lawmakers were trying their best to include “all possible safeguards” into the bill, contrary to the claim of national scientist Raul Fabella that the measure was “beyond repair.”House Deputy Minority Leader Rep. Paul Daza said he was now inclined to support the Maharlika bill after the House leadership introduced improvements.However, Albay Rep. Edcel Lagman urged Romualdez to see to it that the measure would be thoroughly debated in the lower chamber.

 

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Obvs, he's risking all his fellow citizens' savings for that shit! = He's really getting on my nerves; my blood is boiling in this early morning!!!! 🤔😤😡🤬

di mo pa nga mapababa sa 20 ang kilo ng bugas, naghahanap ka agad ng mapapagkakurakutan

ayun, umamin na ang tanga na sa kanya galing ang bobong idea na ito.

Economists na nga nagsasabing hindi magandang idea ito e. 🙄

Corruption at its finest!!

MIF will make stealing easy for the people behind it. It is a open to abuse, like giving themselves huge cash benefits, bonuses... Many ways to skin a cat. In the end poor Juan ends up holding an empty bag. Infuriating bec we seem helpless. Are we?

Hahahaha!🤣 ulol!

Simply lang yan! Supportado dahil hati hati sila! Rich will be richer! Poor will be poorer🤬 Gising bayan ko! Huag nagpa loko! Niloko na nung eleksyon di na tayo nadala? Kawawang PINAS😭 baon pa sa utang!😤😡😠

🥲💀

Gagain nyo funds pang gastos nyo haha bahala kayo mga bumoto jan

The Maharlika Fund Bill is only to create a glorified Fund Manager to control billions of money otherwise beyond the reach of the politicians, its putting all the money available for corruption in one basket, very dangerous because the separate safeguards and governance are gone

Then pay your Family Tax Due to Fund your pet MWF....

Sya nag isip para sa bulsa Ng mga Marcos pambayad sa estate tax nila

Here's one Filipino citizen that is against it!

Para di na mahirapan sa pagnanakaw isinusulong ang batas para sa MULING PAGNANAKAW MarcosMagnanakaw

Ay d ba nung umaangal mga tao si Bam Aquino daw, ngayon na malapit na pumasa, ikaw na? Wow! Ano ba nakita ng mga Pilipino sa yo? Hype ka talaga

Taena talaga nito e no?! Kasasabi lang ng anak mong Sandro na si Bam Aquino nag-file ng bill with same idea back in 2016 eh. Ngayon credit grabbing ka. Gago! Mag-isisp ka ng sarili mong idea!!!

Boo 👎👎👎 Marc*s MAGNANAKAW

Ay credit grabber yern? Baka magalit si dwende sayo sis!

GemoraAudie Hindi ba sobrang overwhelmed na keo sa lahat ng positions nio in d government President DOH sec DA sec Tpos investment chair na gamit pera ng buong bansang Pilipinas Ok lng po saken if lahat ito pwesto nio basta nagagampanan mabuti... Pero sakim npo ang tawag senyo...

Credit grabber -_-

MarcosMagnanakaw NoToMaharlikaFund

garbage in garbage out MagnitskyAct casefile here!

Eh GAGO ka pala eh, pag iinteresan mo pa ang SSS namin loko!

Thats why it's really hard to be trusted..

by 'we', he meant him and his family. No, Marcos.

Luhhh Credit Grabber yarn 🤣..

Parang pinagkatiwala at pinabantayan mo yung tahanan mo sa isang akyat-bahay.

yes, bad idea

Nung binabatikos yang Mahika Wealth Fund, si Bam Aquino daw nakaisip. Nung tumahimik na at mukhang maipapasa, idea na nya! Hindi nya kasi alam kung paano depensahan nung kaiinitan. Weak Leader.

Alam namin from the very start. Ganyan tlaga pag utak magnanakaw.

Matakot na tayo.

'we do not have a surplus of wealth...we have axcessive debt...' NoToMaharlikaInvestmentFund

pero just last week ansabi ni gma it's bam's idea daw. wala ba kayong group chat?

What additional investment?, all the seed money are coming from govt agencies which are supposed to give the money to the national treasury but instead, they are giving these money to Maharlika. And because of this, govt has widened its deficit requiring it to borrow more.

Kaya naman pala

O ayan na naman webbing lies na naman. Kanyang ideya daw yung MIF. Anyway Bbm prostituted the Sovereign Wealth Fund concept. Instead of raking profit for the good of the people, he is intent on raking it for himself. He really got 203-B ideas.

Siyempre, pagkakaperahan eh so obvious na susuportahan.

[Asked if the MIF would be “advantageous” for the Philippines, he said: “For sure. I would not have brought it up otherwise.] So, because he brought it up then it's going to be advantageous? Why doesn't he say how it's going to be advantageous?

Corruption parin yan.

I'll never trust my money with this nigiwi boy, not a single dime! Lokohin nyo 31minions sd cards, wag kami!!!

Why am I not surprised? Lol🤣

Abay mana mana lang yan

Buking ka! Ideya mo yang CENTRALIZED PANDARAMBONG Maharlika na yan! Likely kinopya mo sa 1MDB fund scandal sa Malaysia! Mas madali kasing magnakaw pag yun pera ng mga govt agencies naka-concentrate sa MWF diba? NoToMaharlikaFund

Investment scammers at gagawin pang legal 😱, singkatulad sa mga pangako na malaki ang interest na matatanggap, bakit di na lang kayong lahat na mga nakaupo, pera na lang ninyo ang iiinvest? Bakit idadamay pa ninyo ang iba? At higit sa lahat, wala kaming tiwala sa gobyerno 🤭

lmao. all the more reason not to trust it.

Gagawa at gagawa talaga ng paraan paano makaPagnakaw...

Bzjdndkznznz

Ok idea ni BBM maharlika wealthfund, tas yung anak naman nya dragon fruit fund 😂😂😂

Alam naman namin yun eh. 'Maharlika' - pakana ni FEM MIF=Marcos Inutang Funds SWF=Sa Wala Fufunta; parang bula mawawala

Alam naman namin yun eh. MIF=Marcos Inutang Funds

Kapal ng mukha pati pinaghirapan ng mga tao gusto pang nakawin ng putangina. Ulol mo.

Walang duda!kaw po may idea niyan🤪

Another ill-gotten wealth 😡

maliwanag pa sa etsas ng kalabaw a. 🫠🫢

it is very clear also na any kind of investment maaring malugi.. wag na pera ng taong bayan gamitin pera mo na lang gamitin at pag kumita yun ang gamitin mo pang tulong sa taong bayan.. yan ang malinawa na public service..

GemoraAudie BBM: tell me if naka droga ka without telling me naka droga ka PUTA HIGH!!!

If he pushes through with this, I predict this will be the beginning of his downfall.

Wala ka ngang alam eh tapos sasabihin mo sa iyong ideya. Eh di ba magaling ka naman mangopya at halatang halata pa nga.😁

Oh sige mga ka Memang 31M. Pauto pa kayo dito. Ilang taon ba para magising kayo? Ung maayos kang kinakaltasan ng buwis, etc. Tpos tong tao na to. Cge, purihin niyo pa. Ending, wala na kau makakain at mamatay kaung dilat sa hirap at mahal ng mga bilihin. Habang siya, PARTY! 🫰❤️✌️

Hands off to our money!

Yun na nga e. Idea nya. Eh magnanakaw siya. So paraan yan para nakawan ang mamamayan. That simple. namputa naman gisingPinas

ProfessorUno As I've said from day 1 before the controversy broke full boom, at inamin din: it IS an investment/hedge fund dressed as a wealth fund. There is no wealth or surplus to speak of, uutangin sapilitan sa mamamayan para i-leverage, which is very risky. Sa bagong... 1/n

Hoy 31M support daw your idol. Never mind he will take us to a path to poverty kasama pension ninyo ubos . Ok lang sa inyo no basta unity at panalo kayo. Sige 250B is tag 8k each. Contribute na kayo to start the fund rolling.

pag ito naipasa. Ewan ko na lumsum ko nalang nasa sss ko

Wehhhhh paano ka magkaka idea eh di ka nga graduate! Diba ikaw ang may sabi yung secret weapon mo si Gloria Macapagal Arroyo 💩

final answer mo na ba yan, bongbongmarcos? baka after ilang araw e kakambyo ka jan. 😼😅👊🏽

Imma just save this in case this sovereign fund is another scam and they’ll blame it to Sir Bam Aquino, we’ll throw all the shits back to the ‘maharlika’ lunatics.

Sabi ni Arroyo at Sandro galing kay Bam.. Pag gipit turo, pag credit angkinin.. Buset!

Nakakakaba.

Kinopya mo lang yan kay pastor apolinario ng kapa,invest pa more ,

GemoraAudie And he should drop it! It’s an awful bill. Lantarang pagnanakaw.

Eh di wow

Tengeneng ngiti yan

alam po namin hehehe

syempre mukhang pera mga yan..

Ur idea May nauna na sa idea mo chong... ung idea mo lang e sa gitna ng lugmok na utang at inflation talagq pinilit nyu pa din.. let see how this things works..

sige nga, makipag debate ka sa mga economists at defend mo ito. baka mag aabsent ka na naman sa debate na ito

Kung sincere Talaga si Junior na iagat ang buhay ng Pilipino’ bakit di nya kunin Ang budget sa 203B estate tax? PCGG 10B ? Pharmally 10B? DepEd laptop 2.4B? Senator PDAF return B?

basta mapagnanakawan todo suporta yan

KALA KO BA IDEA NI BAM AQUINO? BINASA MO BA ANG SCRIPT NI SORIANO?

hala, may idea pala to? tapos walang kwenta pa. sana sinarili nlang

Sabi ng minion mo, may trillions of dollars ka...da fack!!!😂😂😂

Kay Mareng Winnie parin ako mas naniniwala talaga. ScrapMaharlikaInvestmentFundScam MarcosScam

Natural! Dagdag yaman

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Marcos breaks silence, says Maharlika fund advantageous 'for sure'President Ferdinand Marcos Jr. broke his silence on the Maharlika Wealth Fund on Sunday, December 11, saying that the controversial proposal is advantageous to the Philippines. Full story: 0:27 ngumunguya na naman How is that added investments when you're getting it from internal funds? BAYARAN NYO YUNG 203B SOLI YUNG NINAKAW NG TATAY MO PWEDE PA SIGURONG RETURNED TAX PAYERS MONEY In other words, antayin muna nating bumagsak lalo ang Pinas bago makipagdebate 🙃
Source: rapplerdotcom - 🏆 4. / 86 Read more »