Not a good business proposition

By January 18, 2010Punch Forum

Jeremias Andrade Carrera
17 Jan 2010

Re: Investing and 50-50 sharing of income.

Mr. Sobrepenia must be reading the wrong books in economics to propose a 50-50 sharing of income to an investor who will be exposed to all the financial risks aside from paying taxes and the “kurakut”. Why allow them to invest to “exploit” the natural resources instead of investing in sustainable development?

Your proposed policy of exploitation is like prostitution-malaking pera agad. It is the common mentality of most Filipinos to allow anything for easy money.

What country in the world get 50 percent of net income and who are the stupid investors who would agree to such sharing of income? Maybe on illegal drugs or human trafficking since people are considered the best natural resources in the Philippines that is open to exploitation.

Ask GMA.

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