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Sunday, April 18, 2010

Who funds Noynoy?



The phrase “Walang Corruption” is one of presidential candidate, Senator Noynoy Aquino key catch phrases that has signified his position as one of the leading presidentiables at the top together with Senator Manny Villar whose catch phrase is “Sipag at Tiyaga”. There commercials are widely shown on local TV. Now we all know that TV ads are expensive, but who pays for them?

The problem is that during his recent campaigns, one may wonder where he is getting his financial support. It is unlikely that he is spending much of his own money and instead using fund from party funds and a most specifically, donors. His primary opponent, Manny Villar on the other hand is self supporting given his vast wealth ($940 million), Villar doesn’t need a donor so he doesn’t owe anyone.

Now, if ever Noynoy wins a seat at Malacanang, how does he intend to repay his funders? It is ironic that Noynoy is asking Villar how he would manage to recoup his “investments” while he himself doesn’t declare who is funding him.

Noynoy claims that he plans on paying his donors with good governance. I for one find this amusing since I wonder if his donors would agree to that... -jg

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