Wednesday, April 15, 2009

“someone in debt is a slave”

Thus goes the old saying which is not really nonsense even in these supposedly modern times. For one reason or another, a debtor is less than himself, less than what he fully is – precisely because there is something in him that rightfully belongs to someone else such that he is not wholly his or totally himself. An honest to goodness slave is somebody owned by someone else. Thus, rather than in possession and in command of himself, a slave is subject to the disposition and order of his master.

While slavery proper in the early times is already something alien in today’s society, its pitiful element however of a certain subordination or subservience is still around such as in the reality and implications of a debt incurred. And the bigger the debt, the more relevant becomes the reality of slavery of the poor debtor. More than self-dominion and self-determination, a debtor instead becomes in one way or another, subject to the will of someone else who provided the debt. Indebtedness – no matter how it is explained and understood – remains a liability, an encumbrance, a burden more specifically in terms of “I owe you.”

Recently, it was expressly pointed out and loudly shouted in the open that now, the total debt of the People of the Philippines has disgustingly doubled from the assumption of office of the glorious Malacanang occupant. From but some two trillion pesos in 2001, the Filipinos now is indebted in the amount of some four trillion pesos in 2008 – courtesy of the glorified Malacanang tenant who recently motu proprio assumed the title of “Czar” that evoked the thoughts of unlimited power and unparalleled wealth of such a potentate in the past.

It would neither be irreverent nor derisive to ask: What is a trillion, how much is a trillion, how does one count a trillion? Where has such a huge amount of money gone? How was so much money spent? What have all those trillions accomplished? Why then are the Filipinos even poorer and hungrier these times? Why are there even much less public services? What happened to all those cruel Vat and E-Vat relentlessly squeezed from all the people – all hours of the day, all days of the years – from their birth to their death? It is not true that from the cotton balls used by new born infants to the burial coffins of the dead, pay Vat and E-Vat to this ruling government?

Thus it is that in the light of the truth that a debtor is a slave, this makes the Filipino people slaves some trillion times over. This places them wherefore not only submissive but also subservient to such financial oligarchic entities as the International Monetary Fund and the World Bank among other foreign funding corporations. All these slavery elements of the Filipinos are here and now – courtesy of the Malacanang occupant. The arrangement and understanding is simple enough: This government incurs all the debts and spends them all, but the governed do the paying for it all to the last peso – the still unborn among already included.


+OVCruz, DD
April 15, 2009