Tuesday, April 26, 2005

Presenting Mr. Integrity!!!



If you place your pointer over PGMA's image, you will be linked to the Office of the Press Secretary and to her speech given at the Univ. of San Francisco last year.

In retrospect, it is a bizarre speech but which further illustrates the linkages between this Administration and YGC. In the speech, she thanks Amb. Yuchengco for her receipt of a PhD Honoris Causa from this fine Jesuit university. (Isn't he from La Salle??? Who knows, he may like to follow Mr. Gokongwei and give a building also to the Ateneo or something).

PGMA makes much of "God-centered governance" in her speech. You might wish to give an ethics lesson or two to Uncle Al and why ethics makes good sense even for an economist such as yourself.

We have taken Pacific Plans to task over the selfsame issue of governance.

PGMA, please do remember that the 34,000 planholders are the middle class. Lest you forget EDSA 2 and the nameless, silent, and God-fearing people that got you there.



We will expect your involvement.

128 Comments:

At Tuesday, April 26, 2005 7:06:00 PM, Anonymous MOM said...

Parents, let's work harder here.

Gloria Arroyo might not be with us.

The government might not also be with us.

We can do this.

 
At Tuesday, April 26, 2005 8:21:00 PM, Anonymous WM said...

The sinister plot to deceive us was done and implemented since early 2004. Helen Yuchengco wouldn’t have proceeded with it without Mr. INTEGRITY’S blessing. Do you think she would have done it on her own when the name of Mr. INTEGRITY is at stake. Forget the appeal letter because it will get us nowhere.

 
At Tuesday, April 26, 2005 8:58:00 PM, Anonymous Anonymous said...

Alfonso Yuchengco is an alumnus of Far Eastern University.

 
At Tuesday, April 26, 2005 9:08:00 PM, Anonymous Anonymous said...

Gloria with Yuchengco. It makes sense now.

Gloria protects Yuchengco - DOJ, hands off the case.

Yuchengco uses Napocor Bonds to help Gloria. As Napocor raises power rates, it nears protability - more chances that we get paid in 2010. So we are supposed to support every rate increase of Napocor and not complain.

Ginagago talaga tayo.

 
At Tuesday, April 26, 2005 9:20:00 PM, Anonymous Anonymous said...

For those going to the Dong Puno Live taping, if you have pictures of last Saturday's event which shows the big crowd, please bring them with you. Let's disprove what this Garcia told ANC early this morning, i.e. only a few planholders attended the meeting. And the funny thing was that the video shown on TV was the bleachers section and not the wooden area of the gym. For sure, the cameraman was able to take shots of the big crowd. As usual, edited na naman!

 
At Tuesday, April 26, 2005 10:16:00 PM, Anonymous Anonymous said...

since GMA didnot join the real and successful edsa revolution of cardinal sin and cory aquino, maybe we should show her how it is done. we all know it was the middle class which made a difference

 
At Tuesday, April 26, 2005 10:23:00 PM, Anonymous Anonymous said...

The analogy that i can think of this situation is we are like spouses. Unfortunately, our spouse just told us na 'AYAW KO NA" AND I CANNOT FEED YOU ANYMORE. But don't worry by 2010, I will have money so I will make it up to you. In the meantime, "bahala ka na muna sa buhay mo."

For them, it is that simple. I will reneg on my promise and that's it. I'll see you in 2010 that is if you are still alive.

I talked to some people in RCBC Capital (one of the investment arrangers of the YGC Group of cos.). They told me that PPI approached 2 years ago about this problem. So, PPI knows it has a BIG problem. RCBC Cap gave them some suggestions with one outstanding that the Yuchengco's did not bother. It suggested for them to avoid a BIG disater is to infuse money. But AY did not like it.

The result is a concerted effort on the following:
1. It created Lifetime Plans and left this so-called open-ended plans under PPI;
2. Placd PPI in a remote and not so eye-catching place so even if we complain, its alot far from the RCBC HQ;
3. This new PPI has no tel. lines so we cannot call PPI;
4. Alot of IMPRESS release that RCBC is stable, it will 2 ComBanks and 1 foreign strategic partners as a news article (what a NERVE to say this).

In other words, it already planned for this a LONG TIME ago.

To further aggravate the situation, we have a deaf government represented by tis SEC (Samahan ng mga Engot at Corrupt). It is supposed to protect us but where are they. SEC did not even bother to offer a state lawyer to our cause. AS usual, BAHALA tayo sa buhay natin. When we work the gov't collects taxes but if we have no work, MANIGAS tayo! It won't lift a finger to help us!

 
At Tuesday, April 26, 2005 11:02:00 PM, Anonymous Anonymous said...

Lets contribute to have the open letter published in the national newspapers. Lets tell everybody that the INTEGRITY of Amb Yuchengco is at stake because of PPI. Let's see if public opinion will pressure him to give in. I don't think he will risk his name and honor for this.

 
At Tuesday, April 26, 2005 11:17:00 PM, Anonymous Anonymous said...

Mr. Integrity, huh??

Learning from history, the gangster AL CAPONE was jailed, not because of his murders and other crimes, but because of TAX EVASION!!

The Yuchengco group may collapse, if the BIR would only look into the YGC group's TAX EVASION methods and practices (transfer pricing, violations of the "Chinese Wall" principle in their investment banking group, non-VAT remittances, etc. etc.).

The US is different from the Philippines. Just look into the LUCIO TAN TAX CASES......

Pera pera talaga.......

 
At Tuesday, April 26, 2005 11:22:00 PM, Anonymous Anonymous said...

Take a look at how they bought MAPUA, and look deeper why they want to change the name to MALAYAN UNIVERSITY.

i sense some kind of "kiting" or "pyramiding" transactions to further leverage whatever money they still have......

they could also be violating some TAX LAWS that could send these BASTARDS to JAIL

at least in our LIFETIME

hopefuly before 2010

 
At Tuesday, April 26, 2005 11:24:00 PM, Anonymous Anonymous said...

the tagline "Mr. Integrity" is a red-herring, para hindi obvious yung pang-gagancho ng mga YUCHONGGO

 
At Wednesday, April 27, 2005 12:18:00 AM, Anonymous Anonymous said...

I don't think name calling would get us anywhere near a solution. Let's do this with as much dignity as we can. I know all of us planholders are very much upset ( that's putting it mildly), and we need to vent out at someone. But this will not help nor advance our cause. So, let's focus on the issues and do our best to help the coalition in whatever little way we can! I salute the people who have come forth and stood up on their principles!

 
At Wednesday, April 27, 2005 12:59:00 AM, Anonymous Anonymous said...

Mr. Parayno of the BIR, please take a break from the audits on the showbiz personalities. Why don't you focus this time on this big conglomerates like the YGC companies.

As one reader commented...

"The Yuchengco group may collapse, if the BIR would only look into the YGC group's TAX EVASION methods and practices (transfer pricing, violations of the "Chinese Wall" principle in their investment banking group, non-VAT remittances, etc. etc.)"

I think this is a hint, an insider's info. So, BIR, why don't you act on it. Pero sabagay nga naman, pera pera diyan...

 
At Wednesday, April 27, 2005 1:18:00 AM, Anonymous Concerned Northfield Parent said...

But why do you want the YGC Group to collapse? We want to get them to honor their obligations don't we?

I am worried that this website is turning into a hate board. I can understand the emotion many parents feel but many postings here are starting to slip below the level of dignity we want to maintain.

We are supposed to be educated people. The intelligent middle class but we are starting to sound like thugs and palengkeras.

Let's not go down to that level.

 
At Wednesday, April 27, 2005 7:57:00 AM, Anonymous TLS said...

True, true, concerned northfield parent. As the days go by, definitely not all the post-ers are legitimate, disenfranchised PPI planholders. And of course, everyone is entitled to free speech but let's not belabor the obvious. We all know of the government connections, the ineptitude of government agencies, the foul business practices of big business groups (not all though), etc., etc. We don't want this to become a "hate" site. Let's stick to the discussion of possible strategies, exchange of pertinent info to support our cause, PPI developments, etc. Vent all our anger and frustration towards actively doing something to progress our position. I and my family, for example, are actively working on the legislative agenda to get our fight into the senate. Again, futile, you might say, but we need to exhaust ALL avenues. Of course the appeal letter to Yuchengco will probably fall on deaf (literally and figuratively) ears, but we need to cover that avenue anyway. Remember, that letter is not meant only for the Yuchengos but to inform anyone who reads it of our plight and sympathy from all quarters is what we need.

Another suggestion, if anyone knows (and I'm sure meron nakakaalam diyan) of the email addresses of the Lifetime or Yuchengco group employees, pls. let us know so that we can bombard them with emails to get them on our side. Of course, walang makakalaban sa sikmurang walang laman and they may not leave their jobs just to help us. But they may still help us by providing info that in the long-run may also help their situation as employees, especially if makakabuti rin sa situasyon nila at magpapatotoo sa sinasabi natin about PPI. For example, yung paglipat nila into Lifetime: perhaps there are legal issues there (meaning unpaid benefits to the former PPI employees) na pwede rin nating imbestigahan to show na may katiwalian talaga sa pagbuo nitong Lifetime Plans. At the same time, it will help the former PPI employees (na hindi naman kasangkot dito sa kawalanghiyaang ginawa ng top management ng PPI). TLS

 
At Wednesday, April 27, 2005 8:04:00 AM, Anonymous Anonymous said...

We have to fight YGC and aim for their collapse. Only when they have more to lose (financially and their other busiensses) will they even consider honouring the Pacific Plans contracts. If they are not in danger of financially losing more than honouring the plans ... they will never honor the contracts and they will continue to act smug and condescending. Same with the government officials and other individuals covering up the parents outrage and this blatant criminal fraud ... if they stand to financially gain (keep their jobs etc) by covering it up, they will -- look at Ces. If they stand to lose finacially -- they will fight (like us parents). Just a matter of survival. So we have to aim for the collapse of the YGC group and hurt all others helping them -- they are hurting us, our children, and our country's future. Do they leave us with any choice?

 
At Wednesday, April 27, 2005 8:07:00 AM, Anonymous Anonymous said...

University of San Francisco conferred on GMA a Ph.D.?????? Must have been "HUMORIS CAUSA!"

 
At Wednesday, April 27, 2005 8:12:00 AM, Anonymous Anonymous said...

Yes I agree with the "survival" comment. It is after all a business decision. So this fight will have to be won based on a business decision for YGC and others. Which one will save them more money - pacific plans or their other businesses. Since the integrity and moral issue won't work with them, then we have to play it by their definition of "business decision".

 
At Wednesday, April 27, 2005 8:43:00 AM, Anonymous Roxie said...

I am Roxie, I posted this yesterday:

I am a single mom with a daughter who will be availing in 2 years. If you stop the rehab plan, there should be already our plan in place. Because if it takes forever, funds would have been already dispersed to the availing planholders at current tuition rates. I don't want to sound selfish, but i also need my share of what's left. With what you are proposing, my daughter will be graduating from college already and I would not have a single cent.

First, I am a legitimate planholder with real concerns. I am not a plant of YGC. But of course, anyone who goes against the "almighty coalition" will be treated as a plant.

Second, I am deeply disgusted that my concerns are treated lightly since it goes against the "leaders" of this coalition. If there were 2,000 people who attended, there were 30000 who did not, and I am one of those who did not attend. How can you act for the whole planholders when you cannot even take my concerns seriously? I assume that most of the 2000 are availing planholders and that is why my concerns are being put aside. If you were really concerned about everyone, then block the rehab plan and make sure that PPI does not release any money to ANYONE until availing and non-availing planholders are assured of getting a fair sure of the pie. "business as usual", who will it favor? We are all in this together. Why would you give availing planholders the first priority to the pie?

Third, you people are so self-centered. I really wish that the rehab plan pushes through so that all of us are in the same boat.

Finally, I really don't care about this coalition anymore. Don't bother responding to me. I am out of here. I hope that non-availing planholders put up their own coalition.

 
At Wednesday, April 27, 2005 8:48:00 AM, Anonymous Anonymous said...

we have 6 plans, only 1 availing, 2 future availment and 3 for availment this school year. i hate them as much as everybody does but i don't wish their collapse. why? because i wanted them to keep what they assured and promised us! maybe i am selfish, but i think we are all working for our own welfare; that is why we need to keep our emotions down but we must keep on doing what we have started. i think they are also banking on time, hoping that in time we will be pacified; in time, we will be tired of pursuring our goal; in time we will all be bankrupt! so we have to save our energy until we see them; but will we??? i think more than cursing them, we need to pray like we have never prayed before... for if God is with us, who can be against us?

 
At Wednesday, April 27, 2005 8:51:00 AM, Anonymous WM said...

Lets be thankful to Mr. Jarius Bondoc and Mary Ann Reyes for their column today at Phil.Star. They are the columnist that can be counted on unlike the others who for whatever reason only God knows has remained quiet regading these explosive issue.
May I request that we all send emails to the Phil. Center For Investigative Journalism urging them to come up with a thorough report on fraudulent action done by PPI to escape responsibility with the transfer of their good assets to Lifetime Plans.

Lets face it our chances in court is very slim since we are up against a giant with unlimited financial resources. Our only chance is through media so that the public will find out of the injustice done to us. What we need is public condemnation.

 
At Wednesday, April 27, 2005 9:42:00 AM, Anonymous Anonymous said...

To Roxie,

The 2000 planholders who attended do not represent only 2000 plans. Most of them have multiple plans.

I have 3 Elementary plans (partially availing), 3 High School Plans (non-availing), and 5 Memorial Plans (with Lifetime Plans).

Of those who attended, I know many who are in a similar situation as I am.

I definitely do not want the YGC to collapse. However, the issue is now about the injustice that they have done to all of us and they have to answer to this.

I want their rehab plan to be stopped simply because they did not consult us. We could have proposed a win-win situation for all (traditional , non-traditional, availing, non-availing, education, pension, memorial).

1st, I want their self concocted rehab plan stopped.

2nd, I want the SEC to cancel the registration of Lifetime Plan and return all assets and liabilities to Pacific Plans Inc. as if nothing happened. Note that the alleged liquidity problem of PPI stems maily from the divertion of trust funds to Lifetime Plans.

3rd, I want a multi-party (including us) involvement in evaluating the financial health of the total PPI (including Lifetime)and the formulation of a win-win solution for ALL planholders.

If I as an availing planholder must take a cut so that all planholders survive, I will. However, in the review to be conducted by the SEC and our representatives, I strongly suggest that aside from returning the trust funds to PPI from Lifetime, all outflows of funds from PPI in the past 13 years since 1992 be audited. All dividends released to the owners of PPI must be accounted and returned to the general trust fund of PPI (PLUS INTEREST) to service the plans.

If they claim that they already anticipate liquidity problems as early as 1992, they should have not aggravated the future problem by getting Cash out of PPI (especially dividends to their own pockets).

We are all in this together.

 
At Wednesday, April 27, 2005 9:50:00 AM, Anonymous TLS said...

TO THE NON-AVAILING PLANHOLDERS, OUR FIGHT INCLUDES YOU. I AM BOTH AN AVAILING AND NON-AVAILING PLANHOLDER AS I STILL HAVE UNUSED PLANS. WE ARE FIGHTING FOR OUR RIGHT FOR ALL OUR PLANS TO BE SERVICED. AS I SAID, EVEN IF CERTAIN AVENUES MAY NOT SEEM TO PROSPER, WE NEED TO EXHAUST ALL AVAILABLE AVENUES. LOOK AT THE WORLDCOM BANKRUPTCY CASE WHICH JUST RECENTLY PROVED TO BE A FRAUD (JUST LIKE THIS ONE). ALL THE WORLDCOM DIRECTORS, INCLUDING 17 BANKS AND THEIR EXTERNAL AUDITORS, ANDERSEN, SETTLED OUT OF COURT!!! IF WE CAN PRESSURE THE YUCHENGCO GROUP ENOUGH AND USE ALL AVENUES, WE MAY GET WHAT WE PAID FOR. REMEMBER, THEY HAVE THE CASH. THEY ARE LIQUID. THEY MISMANAGED. TLS

 
At Wednesday, April 27, 2005 9:53:00 AM, Anonymous LOGIC 101 said...

LOGIC 101

1) PPI stopped paying planholders
2) Coalition encouraging everyone to hurt YGC by removing all plans, accounts,etc in YGC
3) YGC loses money
4) YGC cannot pay us even our money + 7%

Something I don't understand. Isn't is supposed to be that number 2) should have been 2) Coalition gathers all information of all accounts of all planholders in YGC, then threatens to withdraw all of it unless compromise is met.

Now, where is our bargaining power? Do we now have a bigger chance of getting our money?
The coalition's leaders should be strategizing more for us. I think we are even in worse shape than before.

 
At Wednesday, April 27, 2005 10:11:00 AM, Anonymous Anonymous said...

To Roxie and others who may be thinking like her:

I'm very sorry that you feel this way b/c at this point, what we need is a united front.

I'm a non-availing planholder with 3 kids, and I'm for the coalition. Again I repeat: BLOCK THE REHAB PLAN b/c that is the only way we will get a fair deal. What the YGC is proposing is NOT a fair deal.

Nobody has ever suggested that availing planholders be given priority. In fact, the alternatives being suggested take into account both availing and non-availing.

Again, let the YGC group make an alternative offer if they are really sincere. Let them do the talking (in terms of alternatives). OTHERWISE, WE OPEN OURSELVES UP TO VULNERABILITIES.

Roxie, I hope you will reconsider as we are all fighting for the same thing.

 
At Wednesday, April 27, 2005 10:16:00 AM, Anonymous Anonymous said...

In the ANC NEws interview, Ernesto Garcia (the PPI president) said something to the effect of "Why should we throw money on a losing venture?"

That statement sums it all for Pacific Plans.

Let us counter this with the CONTRACTUAL AND MORAL OBLIGATION THAT THEY HAVE. THE FIGHT IS IN THE LEGAL COURTS AND PUBLIC OPINION. DO NOT LOSE SIGHT OF THAT.

 
At Wednesday, April 27, 2005 10:35:00 AM, Anonymous Anonymous said...

Here's a suggestion:

Is anybody handy with a videocam? We can shoot a homegrown video, burn copies and distribute them.

It doesn't have to be fancy or long, we just need to make our point and be heard.

Think of how fast those Paris Hilton and Sunshine Cruz videos proliferated. (Of course that was about nudity so it was to be expected.) But the point is.....

THIS IS ANOTHER AVENUE OF PUBLICITY THAT WE CAN EXPLORE. WE NEED TO THINK OUT OF THE BOX B/C THE YUCHENGCO'S MAY OUTVOICE US IN TRADITIONAL MEDIA DUE TO THEIR CLOUT.

Video running time can be just 10-15 minutes which is the same running time of a segment in a news magazine show. We can do it ala Probe Team or other news investigative format.

 
At Wednesday, April 27, 2005 10:37:00 AM, Anonymous Anonymous said...

What Pacific did was like owning a supermarket and pulling out all the sellable products and hiring someone to torch the supermarket and later on claiming fire insurance . What Yuchengco has done to us was pre meditaded. Yes, its probably legal but so immoral and unethical. Thank you Mr. Yuchengco!

 
At Wednesday, April 27, 2005 10:40:00 AM, Anonymous Anonymous said...

To all Xavier and ICA Pacific Plan holders,

We have a meeting Wednesday April 27 7pm at Ortigas Home Depot 2nd floor conference room (Julia Vargas Ave. Corner Meralco Ave). Its airconditioned.

 
At Wednesday, April 27, 2005 10:44:00 AM, Anonymous SILENT MAJORITY said...

I belong to the "Silent Majority" as Roxie. I have been a visitor(future availing) of this site for a few days who only views and understands the comments here. It is only now that I have the courage to post. For all intents and purposes, and my own needs, the main reason I am here is to get my money back as soon as possible. I run my household on a very tight budget. All the schemes being discussed here are solutions that will last forever.
Returning PP to Lifetime Plans, do you think that this will happen in our lifetime(no pun intended)?

In my case, I prefer getting my money back as soon as possible. I e-mailed pacific plans about it and they replied (after 2 days) that there is a liquidity window as part of the rehab plan, that will allow me to get my money back before 2010. Even if I feel shortchanged, at least I get my money back quicker. My thinking is that,it is as if I just placed my money in a savings account. I will just worry on how to pay for my son's tuition later. Sad to say, but I am in favor of the rehab plan, since no one until this time has come up with a viable plan. Without this rehab plan, everyone loses.

I am not here to change anyone's viewpoint but only to share mine. This site is non-friendly to those with conflicting opinions so I know I will be labeled as something. Good luck to the COALITION.

 
At Wednesday, April 27, 2005 10:52:00 AM, Anonymous Anonymous said...

To WM,
Media is not enough. Important, yes, but not enough.

Unfortunately, in this cynical world, what counts right now is the court decision on the rehab plan.
The Yuchengco's are fully prepared for the bad publicity. Makapal na ang mukha nila. They will just weather this out.

UNLESS WE GO TO COURT FIGHTING ON A PRINCIPLE OF LAW, THIS WILL NOT PROSPER. Look at ASB creditors, that was outright fraud and yet where are the creditors now? Holding an empty bag b/c they were pre-empted by the rehab plan. And the owner of ASB is still walking around freely.

STOP THE REHAB PLAN. LEARN FROM THE MISTAKES OF OTHERS.

 
At Wednesday, April 27, 2005 11:02:00 AM, Anonymous Anonymous said...

To Silent Majority
I respect your opinion but please think of it this way too:

If a member of your family was the victim of a violent crime, would you settle so the guilty party can go scot free?

I'm sure you are a decent person so pls don't feel I'm insulting you. I'm not.

BUT WHAT THE YUCHENGCOS DID IS UNFAIR, UNJUST AND IMMORAL, AND I WILL NOT SETTLE FOR ANYTHING LESS THAN WHAT IS FAIRLY AND RIGHTLY DUE US.

 
At Wednesday, April 27, 2005 11:17:00 AM, Anonymous Anonymous said...

to silent majority : i sympathize with you. if you feel this is the right way to do it go ahead. afterall you know what is best for your kids. but do everything under protest if you want to benefit at the end from pep coalition actions. continue to support pep coalition. otherwise you have just put your children and their children children future in the hands of the rich and powerful who think of themselves only

 
At Wednesday, April 27, 2005 11:32:00 AM, Anonymous Anonymous said...

To Roxie, Silent Majority and others who may think similarly:

Please remember where we are ALL coming from: we ALL contracted in good faith with Pacific Plans, based on the Yuchengco name and on their promise to deliver a certain service in the future.

That future has come. We have fulfilled our part of the bargain but they do not want to do theirs. Instead of negotiating with us, also in good faith, about what can be done, given their "hardships", they unilaterally created Lifetime Plans, transferred the fixed-value plans there, including all the trust funds except the Napocor bonds, and then sprung this horrible surprise on all of us.

Do not for a moment think that we are not in the same boat. We are, we all are. Availing as well as non-availing.

Stay with us, guys. Pacific fired the first salvo so the battle has just begun. We are not by any means finished. Roxie, if you want what you think your child deserves, don't leave yet. Your child as well as all our children are depending on us and we can't let them down. Not now and not tomorrow. Stay the course!

 
At Wednesday, April 27, 2005 11:35:00 AM, Anonymous Anonymous said...

To silent majority:

I too want my money back too but not at the contract price stated. I bought in the secondary market in 97 for my child to use for HS and College...I paid their agent (an officer of PPI) total P370,000 and they are now proposing they pay me only P80,000 plus interest. I want my money back P370,000.00

I do not want them to get away with this.

 
At Wednesday, April 27, 2005 11:57:00 AM, Anonymous Anonymous said...

In Response to:
"I too want my money back too but not at the contract price stated. I bought in the secondary market in 97 for my child to use for HS and College...I paid their agent (an officer of PPI) total P370,000 and they are now proposing they pay me only P80,000 plus interest. I want my money back P370,000.00"

Get the differnce from the person that sold you the plan. Some of the people in the site were able to get back the difference. Let the original buyer settle with Pacific Plans.

 
At Wednesday, April 27, 2005 11:59:00 AM, Blogger Gloria Arroyo said...

let's have a show of force vs. PPI! let's all show up at dong puno's show. i'll be there...hope to see you there too!

 
At Wednesday, April 27, 2005 12:07:00 PM, Blogger Sassafras said...

can someone please explain the rehab plan again, maybe in the next blog entry even. enumerate the contents of the rehab plan proposal in the first part, then make a position paper in the second part---kung tutol, ano ang tinututulan at bakit. baka kasi hindi lang nagkakalinawan kung ano yung exact na laman ng rehab plan as proposed by Pacific Plans. Yung kabuuan ba ng rehab plan only consists of paying traditional planholders 7%pa using napocor bonds maturing on 2010?

ako simple lang ang tanong ko: how can you rehabilitate a company whose good assets have been siphoned off to a different company? ano pa ang ire-rehabilitate duon?

my brother has yet to avail of his plan and i know the consequences kung madamay pati lifetime plans and some other YGC company---sympre hindi din kami mababayaran and we have to scramble for tuition money. but at the same time, i am MORE fearful of the consequences if this kind of corporate behavior from a supposedly reputable firm and "pillar" of the business community goes unchecked..... by not speaking out, para na rin nating binigyan ng pahintulot ang ibang mga public companies na magtago sa ilalim ng batas para i-avoid ang mga kalugihan at bad decisions nila.

kung ano man ang kahihinatnan nito, this will have a longterm effect in how local companies do business with the public. kaya hindi dapat pabayaan: imbis, lalong dapat bantayan.

 
At Wednesday, April 27, 2005 12:10:00 PM, Anonymous onewithallofyou said...

tls,

Your comments make lots of sense. We should be open to the Yuchengco group employees, who are in the same (or probably even worse) situation as us. Afterall, they are probably the best source of information that we will ever have since they are "insiders". However, we should also be sensitive to the fact that they have more to lose if they openly fight the Yuchengcos since their livelihoods may be depending on it.

 
At Wednesday, April 27, 2005 12:16:00 PM, Anonymous S said...

Unlike some of you, I don't have deep pockets to go into eternal limbo not knowing what will happen. I also have principles, but in our situation, there is an existing offer to get our money back with interest. If they are not offering anything than lets fight until the end.

How many of you here have put money in other plans,investments, or others and didn't get anything back? I am thankful for all the publicity this coalition has brought to our case knowing that pacific plans will definitely have to honor that my money plus the interest will be paid.

This is my chance to continue my life and start rebuilding. God bless us all!

 
At Wednesday, April 27, 2005 12:44:00 PM, Anonymous Anonymous said...

May I suggest to Roxy, Silent Majority and everyone else who shares the same opinion (myself included)...that if you know how to set up another blog site...to please do so so that we can make our own plans.

 
At Wednesday, April 27, 2005 12:46:00 PM, Anonymous Anonymous said...

Yup.
The coalition does not speak for me.
Can someone set up another site please?

 
At Wednesday, April 27, 2005 1:09:00 PM, Anonymous Anonymous said...

And people wonder why this country is going to the dogs.....

 
At Wednesday, April 27, 2005 1:15:00 PM, Anonymous Anonymous said...

To Roxy, Silent Majority and others,

They are saying that they will pay us all in 2010 using the NAPOCOR bonds but how sure are we that they will do what they say? E paano pag dumating ang 2010 e sabihin nila e sorry kasi the bonds did not earn what we expect it should earn e di naloko na naman tayo. The bottom line is why did they transfer all the assets and left us with the NAPOCOR bonds that will mature on 2010. If they are really in good faith they should buy back the plan right now and not on 2010

 
At Wednesday, April 27, 2005 1:22:00 PM, Anonymous Anonymous said...

To Roxie, Silent Majority and others,

It is very difficult to express how frustrated one feels when you are going to enroll your son and on the same week the court issued a stay order at the request of pacific plan. Just imagine the anguish and sleepless nights we had because we don't know where to get the money para mapa-enroll yun mga bata. At least kayo 2 years from now saka kayo mag-aavail makakaipon pa kayo e kami paano we have to be enrolled by the end of april. And you are claiming this site is not friendly how friendly ba would you like this site to be?

 
At Wednesday, April 27, 2005 1:26:00 PM, Anonymous Anonymous said...

Napocor bonds are government backed. If Napocor can't pay, government will pay. If government can't pay, nothing else will matter (death of our country)

 
At Wednesday, April 27, 2005 1:26:00 PM, Anonymous Anonymous said...

Napocor bonds are government backed. If Napocor can't pay, government will pay. If government can't pay, nothing else will matter (death of our country)

 
At Wednesday, April 27, 2005 1:29:00 PM, Anonymous Anonymous said...

yeah it is government backed nga but the problem may pera ba ang government di ba wala rin.

 
At Wednesday, April 27, 2005 1:35:00 PM, Anonymous S said...

If we have a new COALITION this is my suggested guiding principles:

1) We are greatly affected by PPI's decision but we recognize that it is impossible for Pacific Plans to pay its obligations due to sky rocketing tuition fees.

2) We want our money back as soon as possible with interest. PPI should make good their promise of liquidity window that allows us to get money before 2010)

3) We will open channels to Pacific Plans to discuss and contribute to its rehabilitation plan so that we can expedite the releasing of our money

4) We are educated and god-fearing people and we will conduct ourselves in a manner that will follow our religous beliefs and norms of society

5) We will not bring down others for our own benefit

6) We will be open to suggestions even if it may conflict with our own

7) We will be fair and consider availing and non-availing planholder

 
At Wednesday, April 27, 2005 2:10:00 PM, Anonymous Southridge paent said...

To Roxie (just in case your still around) and others with future availment who feels nothing would be left by the time they avail. We have 1 presently availing and 2 future plans aside from the fact that we have another more or less 10 other plans with Lifetime. The plans consist of traditional, fix educational, pension, memorial and cremation. We bought all these because we believed in the name Yuchengco.

I am not in anyway connected with the leadership of the group but I do believe what we are fighting for is the way PPI deceived us when they set up Lifetime and transferred most of the assets there to make it appear PPI has not enough funds to meet present & future claims. What we all want is for them to honor their commitment since we all kept our part when all our plans were fully paid. Had there been any problem with claims at present & future then why not for PPI officials call a meeting to all the concerned to bring out the problem. Why do they have to antagonize us all through deception as if were part of a mob that cant be reasoned out.

Regarding the fear of nothing will be left by the time they avail. PPI had no problem with their ARL as per SEC record as of 2003. For those who don’t know ARL (actuarial reserve liability) does not only cover present availment but even future claims. If the 17 billion assets as per Lifetime company profile be returned then where lies the fear of future plans not getting their share, aside from the fact their cash flow will continue since they are selling other products.

I stand to loose more if the whole PPI collapses since as earlier mentioned majority of my plans are now with Lifetime. However, I stand by my principles and belief that PPI stands on solid foundation when it come to its finances.

As to how many we are , I can say we are much more than what PPI officials may think. I was present at St. Paul and have not seen any of my friends who are planholders too. I know they too are outraged & would more than willing to join us anytime informed & believe me there are many. In Southridge alone there are more or less 100 of us.

To Roxie, please accept my apologies if you were hurt by the comment of others claiming you to be a spy. To the other members of the coalition, let us not brand anyone who has a difference of opinion as spies immediately although planting of spies can be expected to divide the group.

The odds are against us what more if we are divided.

May the good Lord be with us all for the fight for justice.

Southridge parent

 
At Wednesday, April 27, 2005 2:35:00 PM, Anonymous Anonymous said...

We should all be united, after all we are all victims here (availing and non-availing) always remember if they can do this to us now they can again to this to us in 2010, we should stand our ground and not let these rich and powerful people step on us.

I am wondering Roxie if you were not able to pay your obligation to them on time during the time you were paying your premium because of unforeseen circumstances do you think you will be given five years to settle your premium.

The bottom line is this is a contractual obligation we have done our part they have to do theirs.

 
At Wednesday, April 27, 2005 3:07:00 PM, Anonymous aloysius said...

To Rozie, Silent Majority and others who share their views:

You're right! Let's set up a separate blogsite where we can state our own views without being branded as spies and negotiate on our own and not let others decide for us. I am entirely for it.

 
At Wednesday, April 27, 2005 3:09:00 PM, Anonymous aloysius said...

TO S:

COUNT ME IN. OKAY AKO SA MGA SINABI MO!

 
At Wednesday, April 27, 2005 3:26:00 PM, Anonymous Anonymous said...

Well, if any of you read the business section of the inquirer, it came out with an article on the proposed yet-another bond offering of Napocor.

Guess how it described this company "The cash strapped Napocor....."

And you are relying on this for 2010??!

 
At Wednesday, April 27, 2005 3:35:00 PM, Anonymous Anonymous said...

To Southridge Parent,
That was very well said!

To others,
I still don't know how you can stomach what the Yuchengco's did to you.

 
At Wednesday, April 27, 2005 3:37:00 PM, Anonymous fury said...

To Southridge Parent:

"However, I stand by my principles and belief that PPI stands on solid foundation when it come to its finances."

I want to puke at what you just said. The people at the top management of PPI are MORONS! If not morons, these poeple has no concept of morality and ethics.

Why would the actuaries choose a 17% (or more) discount rate in computing for the ARL? My God! These people are not stupid. They were forced by the top management of PPI to do this. And they yielded!

I say go after these actuaries and accountants who previously signed PPI's financial statements and put them behind bars!

 
At Wednesday, April 27, 2005 3:38:00 PM, Anonymous Anonymous said...

To Southridge parent,

Medyo different and mga pangangailangan naman kaysa sa mga tao sa alabang. I cannot wait. Kung mga paraan para makuha ko and pera ngayon, kukunin ko. Dahil sa akin basta mas mataas ang makukuha ko kaysa sa binayad ko, pwede na. Lumabas sa dyaro ngayon at inexplika sa akin na inaayos ng Pacific Plan para mapaaga at maibalik and pera bago sa 2010.

Sana maintindihan mo rin kami.

 
At Wednesday, April 27, 2005 4:49:00 PM, Anonymous Anonymous said...

I saw this in the SEC website www.sec.gov.ph under Investor Info - Registered Entities - Special Purpose Vehicles. Is this the new name of Pacific Plans after it was turned into a Special Purpose Vehicle? (special purpose : pahirapan tayo)


NEW PACIFIC RESOURCES MANAGEMENT (SPV-AMC) INC.

CS2004 - 14725

Address Metro Manila, Makati City
Tel. No. 830-8000
Contact Person: Eric R. Recalde
Directors :
Alfonso T. Yunchengco - #29 Tamarind Road, Forbes Park, Makati City

Rizalino S. Navarro - #1574 Cypress St., Dasmariñas Village, Makati City

Cesar E.A. Virata - B1101, Alexandra Condominium, #29 Meralco Ave., Pasig City

Francisco S. Magsajo - #16 Kalayaan St., Kawilihan Village, Pasig City

Susanne Y. Santos - #47 McKinley Road, Forbes Park, Makati City

Armando M. Medina - #7 Dona Aurora St., Tahanan Village, Parañaque City

 
At Wednesday, April 27, 2005 7:59:00 PM, Anonymous Anonymous said...

To S, Roxie, Silent Majority and others...
I am Manolo.
I agree with what S had to say.
I honestly think we can negotiate a better deal than the 7%...but only if we work this together.
I think we have to organize a "pay-me-cash" group.

 
At Wednesday, April 27, 2005 9:04:00 PM, Anonymous Anonymous said...

At around 10am this morning, an interview with PPI came out of ANC News and they were harping on the issue that some planholders were in favor of the rehab plan.

AT around the same time, this board received the same type of messages, which went on for much of the day.

Coincidence or orchestrated? You decide. All I can say is...you've just played into the hands of the Yuchengcos who are laughing all the way to the bank.

 
At Wednesday, April 27, 2005 9:38:00 PM, Anonymous Anonymous said...

I agree with the suggestion to publish our open letter in the major dailies. lets make our contributions and show them we mean business!

 
At Wednesday, April 27, 2005 10:38:00 PM, Anonymous Anonymous said...

So who is the treasurer. Where do we send the money?

 
At Thursday, April 28, 2005 12:05:00 AM, Anonymous Anonymous said...

right! we should not hate each other because of diference in opinion.... at least nakapost lahat!!! you should check out www.pacificplans.com, lahat na nagpost in favor of the rehab!!!
ReGARDING THE STAY ORDER approval of makati rtc; super efficient naman yata ang mga ppi people! by april 13th, pumutok kaagad ang mga checks previously issued o ganyan ba talaga? then we received letters for each of the 6 plans w have a few days later. the letters were dated 4-14-2005 but the post office marked on the envelopes were dated 4-13-2005. ganoon ba sila kabilis magtrabaho? as if siguradong sigurado talaga silang maaapprove ng makati rtc ang kanilang scam. think about that. btw, what will happen if the rehab is not approved? what are the other ways they can get away from their obligations? anyon, please...

 
At Thursday, April 28, 2005 12:11:00 AM, Anonymous Show me said...

To Silent Majority. It's interesting what you say about getting your money back before 2010. Did they explain to you how to get it back? Please share it here, because I sure want to get my money back before 2010. But is it only for a select few? If you do set up another blog site, please post it here because I will join your site, as well as this. Most of all, share what info you get from Pacific about getting our money back before 2010. And when you say "get our money back", does that mean everything you paid? Did you buy on the secondary market? Everyone on this blog site is sympathetic to you because you want what we want. If we can get it back by cooperating with Pacific, then we will cooperate with them. Did they tell you how? Then by all means SHARE IT WITH US. The only difference between us is that I don't believe they will give us our money back but I would love to be proven wrong tomorrow, even today!

 
At Thursday, April 28, 2005 12:47:00 AM, Anonymous Anonymous said...

Please let us not lose our focus in this endeavor. What we want is for PPI to perform their obligation to us, plan holders. If there are others that want their money back, that is their option. Anyway, PPI has really been offering plan holders privately, especially the plan holders who have their backs against the wall (kapit sa patalim, ika nga). Remember, the best way for PPI to damage control is to divide and conquer. Let us not dance to their misic.

 
At Thursday, April 28, 2005 1:09:00 AM, Anonymous Anonymous said...

To Roxie. and other silent majority: You are entitled to your opinions..you may have different needs. That's fine. But we should not lose sight of the fact that ginoyo tayo ng mga taga PPI..they should honor their contractual obligations, whether now or in the future. That's the reason for the education plans- to assure our kids of an education.We can not let the perpetrators of this scam get away as this will be a precedent not only in the pre-need industry, but also in other industries as well. If they get away, it's not good for the whole economy!

 
At Thursday, April 28, 2005 1:14:00 AM, Anonymous Anonymous said...

To the so-called silent majority,

Perhaps you can show your force later tonight at the DEBATE with Monsod and Orbos (GMA7). Call time is 8:00 p.m. at the Jamboree Gate. Don't make the mistake of wearing black since this will be the coalition's color.

 
At Thursday, April 28, 2005 1:33:00 AM, Anonymous Anonymous said...

To all who don't agree with the coalition:

No one is stopping you from doing what you feel is right for you and your kids...

If you think our objectives don't fit yours, we're not forcing it down your throats. By all means, GO AHEAD and set up your own PRO-YUCHENGCO, PRO-REHAB group.

From what my friend from Lifetime told me...there were around 100 other planholders who attended the PICC meeting...maybe you guys can set up your own blog to clog...

I BELIEVE IN THIS COALITION AND WHAT IT STANDS FOR. I AM NOT RICH BUT I'M WILLING TO WAIT TILL THE COURTS DECIDE...15? 20 YEARS? BAHALA NA...WE MIGHT BE PRAYING FOR A MIRACLE HERE...BUT WHO KNOWS? IN THE END WHAT MATTERS IS WE FOUGHT FOR OUR PRINCIPLES...

WAY TO GO!!!

 
At Thursday, April 28, 2005 2:30:00 AM, Anonymous Anonymous said...

The Yuchengco's and their lapdogs must be very happy reading this site because what was once a united front is showing cracks this early.I think this is bad because we are playing exactly into their hands.To Roxie, Silent Majority and company,there is a much bigger and nobler issue here than merely getting a refund or tuition support.If we allow the Yuchengco's to get away with their contractual obligations without putting up a fight then you might as well forget about getting a fair and just society for your children in the years to come.We have already been victimized by the Yuchenco's let us not allow our children to be victims in their lifetime too because this is a test case that will find its way in our country's jurisprudence.If the Yuchengco's are able to get a favorable decision from the courts other companies will surely follow suit in the years to come.
We are all in the same boat but maybe i am in a much worse condition than you are because i am a CAP and Prudentialife planholder as well.That is why we should band together and fight this menace as one group (whether availing or non availing)for the sake of our children.

 
At Thursday, April 28, 2005 9:08:00 AM, Anonymous Anonymous said...

I am a member of the SILENT MAJORITY.

I will try to be there at 8 PM. My only hesitation of going is that I know I will be branded by the COALITION as a "plant" and paid by YGC.

Please if I go, respect my opinion. Just realize that it is impossible to get 34000 planholders to have the same voice specially if there is a money back option.

 
At Thursday, April 28, 2005 9:24:00 AM, Anonymous MBA Dropout said...

Anonymous,

If you are open to a compromise settlement, don't you think your money back option of principal plus 7% vis-a-vis open ended tution cost is ridiculous given the commitment made under the contract?

Do you really want to settle for that?

Assuming, YGC is so intransigent or in dire financial straits that it cannot cough new capital to fund PPI;

Don't you think a better deal can be struck between your 7% money back and what you were supposed to get?

Don't you think a tiered restructuring given factors such as number of children availing, orphans, etc is considered?

Haven't you heard of the word "NEGOTIATION"?

 
At Thursday, April 28, 2005 10:11:00 AM, Anonymous MOM said...

Bakit may Roxie, Silent Majority, Coalition distinctions? Whether you are Roxie, Silent Majority, Coalition, let us simply thank the Lord that someone awakened the parents and make themselves be heard against the yuchengcos. If eventually, some parents don't feel they support the position of the coalition, that's okey. But being vocal about the division isn't good. The yuchengcos are very happy to see this kind of divisiveness happening. At the end of the day, tayo ring mga Pilipino ang kawawa if we allow people like the yuchengcos to get away with this manipulative acts.

They can do this to us, they can do again to others. Not only that, other companies can do the same.

Where will it lead us?

 
At Thursday, April 28, 2005 10:11:00 AM, Anonymous Anonymous said...

To my co-COALITION members, let's stop convincing this so-called silent majority. Don't you see that we are just wasting our time here. No matter what we explain to them, NO EFFECT!

Let's just leave them alone.

To the so-called silent majority, please put priority in creating your own website and blogspot. Nothing is stopping you from doing so. BILISAN NIYO PLEASE!!!!

 
At Thursday, April 28, 2005 10:19:00 AM, Anonymous Anonymous said...

I agree with the previous comment. Roxie et al, please start working on your website and blogspot.

If you say your group is the majority, that's okay. Anyway, the coalition is not primarily particular with the numbers. What is more important to us are the ISSUES at hand. The Yuchengcos FOOLED us and we don't want them to get away with it...PLAIN AND SIMPLE!

 
At Thursday, April 28, 2005 10:56:00 AM, Anonymous srd said...

In reply to Show: As explained and read from the newspapers, there would be a liquidity window for us to get our money back plus the interests accrued to it upon full payment. This will be available to all regardless of school classification. If you bought your plan in the secondary market, run after the one who sold you and request for your money back. I was at Dong Puno taping yesterday and I recognized one former PPI employee who sold many plans to my friends. I believe his name is Gilbert Macabio. I just wonder why he is with the coalition when he should shy away from it kasi tumubo nman ng malaki yan at the expense of unknowing planholders. He even held a position in the department incharge of education benefits etc. For the coalition, word of caution on this guy. Grabe ang nakuha nyan sa Pacific. Its his own selfish interest that he wants to advance.

 
At Thursday, April 28, 2005 11:01:00 AM, Anonymous bmw said...

to roxie and silent majority, please rush the blogspot/website construction, with the differences in opinion and the way these people with supposedly issues are ganging up on us, it would be best for us and for all who share our opinion to disentangle from them.

 
At Thursday, April 28, 2005 11:02:00 AM, Anonymous Anonymous said...

to sassasfras :

let ygc group post their rehab proposal and let them show the coalition how they plan to continue screwing us up.

 
At Thursday, April 28, 2005 11:06:00 AM, Anonymous Anonymous said...

maybe we should post the names of all the leaders of the coalition. Pag lalong lumala ang mangyari sa kagaya kong hindi pa nag-aavail, kayo naman ang hahabulin ko.

Para patas lang, what do you think?

 
At Thursday, April 28, 2005 11:13:00 AM, Anonymous PEP is the MAJORITY! said...

I would like to point out that planholders who do not agree to this coalitions goals and principles -- are NOT THE SILENT MAJORITY. Look at their comments... late na nga mag comment and kokonti sila and they haven't even done anything nor organized anything. Please remember in the meeting last week more than 2000 attended the coalition and only 100 attended the PPI organized settlement meeting. So who is the majority here? Further, many of the coalition's members are multiple plan holders and as far as I am concerned we are the majority right now. SO PLEASE STOP CALLING THEM THE SILENT MAJORITY. Hindi nga sila nagsasalita malay ba natin kung ilan sila. Anyway, there are many silent members who are for the coalition.

REMEMBER... ONLY THOSE WHO TAKE ACTION WILL OWN THE DAY. THOSE WHO DO NOT WILL GET WHAT THE YGC WANTS TO GIVE THEM. If that is ok with them, then ok lang. No hard feelings... we, at PEP, just do what we need to do and fight for what we believe in. For those who don't believe in PEP... they have the option and the right not to. BUT THEY ARE NOT THE MAJORITY --- let us make that clear.

 
At Thursday, April 28, 2005 11:14:00 AM, Anonymous leo zafra said...

In reply to : "I am a member of the SILENT MAJORITY. I will try to be there at 8 PM. My only hesitation of going is that I know I will be branded by the COALITION as a "plant" and paid by YGC."

- Listen to your heart. Go but dont wear black. Wear something light.

 
At Thursday, April 28, 2005 11:44:00 AM, Anonymous MOM said...

Please...

Let us not be like children fighting. My God, enrollment na tapos we fight over who's with Roxie, the PEP group, Silent majority, minority?

What is this?

Parents,please..Let's be thankful for small blessings. It's good that there are parents, who don't even know each other until they met in Kamagong, who have organized this PEP group. We are getting ourselves heard because of the effort of the group. This is for our children, remember, Roxie? Silent Majority?

This is a free country. Group yourselves, too, why not? Put up your own website, why not?

But, your effort, if at all, you will do it, will make the yuchencos happier. All they want to see is for us to divide,then they rule.

 
At Thursday, April 28, 2005 11:49:00 AM, Anonymous Anonymous said...

For those planholders who do not agree with PEP and want a settlement, I think you can just approach PPI and sign the documents they want you to sign. This way you can already close your settlement deal with PPI and this is your right. You are free to do that. Just as we are free to fight for what we believe in.

So if you just want to accept PPI's proposal, you don't even need to wait for the approval of the rehab plan of the court order, you can freely and willingly go to PPI now and sign whatever documents you need to sign. The court order is there only to force those who do not want to agree to the PPI proposal of 7% at 2010. But if you agree to it, YOU DO NOT NEED TO WAIT FOR ANYONE - NOT PEP, NOT THE COURT APPROVAL OF THE REHAB.

If that is what you really want, you don't need to join the PEP coalition and threaten you will go after the PEP leaders... kasi you can settle naman on your own. Why wait for PEP? If, however, you still do not sign the PPI documents and seal your agreement with them... and you still make nasty comments about going after those people who give their time and effort freely for the PEP coalition, then kadudaduda ang intentions mo.

So, either:
1) settle with PPI as per their proposed 7% and shut up and don't bug PEP, don't threaten PEP
2) join pep, contribute and give moral support.

If you think you have a better strategy/plan and feel strongly about it, then volunteer your time and effort. If your strategy is sound and you can justify it, people will follow.

 
At Thursday, April 28, 2005 11:51:00 AM, Anonymous Anonymous said...

Can we please start talking in a decent manner?

Let us not point fingers at each other because, we might lose focus.

If we want to succeed in our position, let us band together. It's simple. Those who want the position of the Coalition include their names in the petition. Pag wala ang pangalan mo sa listahan, you are not filing anything against Pacific. You may file alone if that's what you want. Or you can create you own group and make your own case.

Simple.

 
At Thursday, April 28, 2005 11:55:00 AM, Anonymous aloysius said...

To: PEP is the MAJORITY! you said... I would like to point out that planholders who do not agree to this coalitions goals and principles -- are NOT THE SILENT MAJORITY.
Ha? And you tell me the 2,000 who attended the meeting at St. Paul are the majority? 2,000? eh ilan ang talagang planholders and scholars dun? Assuming lahat genuine planholders and scholars, 2,000 out of the 34,000 pep availees is just nearly 6%. Kayo ang majority? U make me puke! Ang majority are we non-exclusive planholders whose future benefits were drained by exclusive availees and these same people still want to complete the draining by dragging us into a battle where they will ride on our shoulders so that they make look tall and good amongst us and harvest FIRST the rewards and the morsels (if there will be) will be for our taking. That is kung hindi pa nila maubos ang trust fund.

 
At Thursday, April 28, 2005 12:03:00 PM, Anonymous bmw said...

Anonymous said...
maybe we should post the names of all the leaders of the coalition. Pag lalong lumala ang mangyari sa kagaya kong hindi pa nag-aavail, kayo naman ang hahabulin ko.

Para patas lang, what do you think?

>>>> OKAY AKO DYAN! LET THEM SUFFER THE CONSEQUENCE TOO IF THIS TURNS OUT REAL BAD FOR US WHEN WE COULD HAVE MADE BETTER UNDER OUR OWN INITIATIVE. PATAS LANG DAPAT.

 
At Thursday, April 28, 2005 12:16:00 PM, Anonymous Anonymous said...

LIke some people said... if you don't agree with the coalition, then go ahead and do your own thing. Do not threaten ... parang hooligans kayo a. Bakit ba kayo nanggugulo?

Don't sign up if you don't want. By they way, why don't you log in your real full name and address para we will make sure you are not included in the coalition. Show yourselves para hindi na kayo kasali.

I don't get it why you are so upset... e di don't joint diba? Simple lang yan.

 
At Thursday, April 28, 2005 12:24:00 PM, Anonymous MOM said...

Hello to those guys who said they are not supportive of the position of the parents in PEP Coalition.

We, who agree with the position of the Coalition support the Coalition. If you don't agree, then you can organize and fight for your own position to protect your children's education. If you want to wait, fine.

We are only parents who want to protect our children the best way we think we can. You don't have to sign up and be included in the petition if you don't want to.

You definitely have other ideas for your children, go ahead do what you desire for them.

I, definitely, stay with the coalition. I believe in the parents/professionals who give their time and effort to help other parents who otherwise will not be listened to if they were knocking on doors alone.

 
At Thursday, April 28, 2005 12:46:00 PM, Anonymous Anonymous said...

I stay with the coalition and I have multiple plans.

I think the greater majority who are not voicing out at this point cannot be considered those against the coalition. It seems stupid for anyone to identify which side the silent ones are with, right?

Parents who don't agree with the coalition cannot claim to be the majority precisely because many are not voicing out.

What I know is that many PEP parents are mutliple plan holders.... and they number more than the 2000 who attended the St. Pauls meeting and there are only about 100 who attended the PPI organized meeting.

For those who do not agree with the coalition, then don't sign up. It is that simple. Organize on your own, have your own site and negotiate on your own.... and as somebody said, make your own case. Or settle now, you don't need to wait for anyone for your action and threaten others for your inaction.

Don't be goons and threaten all those good people who are helping. One wonders why you threaten the coalition leaders....... for whose interest is that?

We should be thankful for all those people helping out in the PEP coalition and for those who set up this site. We should support all those helping out willingly and unselfishly.

Parents of PEP... let us be united and be strong. Stay the course and be vigilant.

God bless all of you and our children. This fight is for our children's future.

 
At Thursday, April 28, 2005 1:00:00 PM, Anonymous Mercedez Aquino said...

Those who are passionately, urgently questioning the action of the yuchengcos in this situation are hoping for a resolution in favor of the immediate tuition needs of our children.

Why not support the coalition? I see how hard the parents in this group work. Those who do not share the same belief as the parents ( more than the organizers, who are few, but the parents who choose to support the coalition)in the coalition are free to stand for what they believe in.

If you could organize and create a group like the PEP Parents and show how good you are in putting your ideas and actions together, who knows you might also gain some following, even more than the 3,000 and growing number of parents who have shown their support and who share the same position as the coalition.

 
At Thursday, April 28, 2005 1:09:00 PM, Anonymous Sandy Mesina said...

To the Silent Majority,

What is your website? Please post it here.

Have you organized already?

It has been 5 days since you have been posting invitations to organize. Where is it?

Do you have difficulty organizing?

Maybe it's time you start doing more than talking.

I want to join you but you can't seem to put your acts together. So I'll see how you guys will organize, maybe I can help you.

But wait, who's your leader? How can you be contacted?

While waiting for you guys, let me stay where I am now in the company of the parents who work efficiently and talk less. They make things happen, let our voices be heard. That.. Silent Majority is what we need.

 
At Thursday, April 28, 2005 1:11:00 PM, Anonymous Silent Majority Coalition said...

I heard from a reliable source that the competitor of Pacific Plans (being sued yesterday), has been posting a lot in this site trying to divert attention.
Makes me wonder now why some of the posts here do not even know the contents of the policy contract and just trying to raise emotions of everyone.

I think we should start posting policy numbers.
-member of silent majority

 
At Thursday, April 28, 2005 1:25:00 PM, Anonymous Anonymous said...

Please, Please Please!!!! Just let the silent majority keep posting whatever they want. All we have to do is to ignore their comments and proceed with our fight against the injustice done to us. Otherwise, it will be a free-for -all, and the winner is........PACIFIC!!!

 
At Thursday, April 28, 2005 1:45:00 PM, Anonymous Anonymous said...

Please please, they are not the silent majority. That is what PPI wants everyone to think .... that the greater majority is on their side. SO STOP CALLING THEM SILENT MAJORITY. They are NOT the majority. Hindi nga nagsasalita --- so how can they called non-coalition members and pro-rehab?

The silent people right are just fence sitters... still thinking of what to do and watching the goings on. But more likely, they will be with us specially if they think they can get a better deal through us. It's all a matter of which makes more financial sense.

again.... THE PRO REHAB PARENTS ARE NOT THE SILENT MAJORITY. JUST CALL THEM PRO-REHAB GROUP/PARENTS - if we need to differentiate the group.

 
At Thursday, April 28, 2005 2:00:00 PM, Anonymous Anonymous said...

Yeah, I agree with you they just wanted to wait and see which group can offer them a better deal. Sigurista ika nga.

 
At Thursday, April 28, 2005 2:32:00 PM, Anonymous non-ex said...

In reply to:

"Anonymous said...
LIke some people said... if you don't agree with the coalition, then go ahead and do your own thing. Do not threaten ... parang hooligans kayo a. Bakit ba kayo nanggugulo?"

Sinong parang hooligans? Eh sino ba ang mga taong nagpopost ng names ng officers ng YGC at inciting people to make some drastic actions? Am not a YGC employee FYI. Am also a planholder like you pero sa nakikita ko, walang mangyayari sa coalition with all of you trying to be like Ceasar's wife.

 
At Thursday, April 28, 2005 2:51:00 PM, Anonymous Anonymous said...

We have 3 plans with Pacific- one availing and 2 unavailed.

When my wife and I decided to invest in educational plans, we opted for Pacific primarily because of the Yuchengco connection.

It's like buying a house or a car. All things equal, you would probably buy from someone with a proven track record.

All of us have different opinions as to how to resolve this mess we find ourselves in. And we're all entitled to it.

We attended the St. Paul's Pasig meeting last Saturday. A lot of the parents there were multi-plan holders. Thus the 2,000 attendees would probably translate to more than 2,000 plans.

The Yuchengcos have probably done their homework. Legally, they might be able to get away with it. But morally and ethically, they are bound to make good on what was offered to the plan holders- that they would take care of paying the tuition fees of the plan holders.

We have made our decision. We will not take this sitting down. Some may disagree but that's their choice.

Good luck to all of us.

JTY

 
At Thursday, April 28, 2005 3:46:00 PM, Blogger PARTY OF ENLIGHTENED PLANHOLDERS (PEP) said...

This comment has been removed by a blog administrator.

 
At Thursday, April 28, 2005 3:47:00 PM, Blogger PARTY OF ENLIGHTENED PLANHOLDERS (PEP) said...

This comment has been removed by a blog administrator.

 
At Thursday, April 28, 2005 4:05:00 PM, Anonymous Anonymous said...

well it may be said that PPI has failed some plan holder's child dream education, it should also be noted that PPI was able to help send more than 50,000 children to school, exclusive or non-exclusive.

also, we shouldn't accuse anyone within PPI or YGC group of being selfish, greedy or heartless, when actually in fact that it was able to send more than 50,000 to school and protect the other 400,000 planholders.

This doesn't mean that PPI has already turned its back to the 34,000 plans as others would say.
It needs to apply for a rehabilitation program in order to meet its obligations to its plan holders.

Maybe, just maybe, if we consider to have a forum or dialogue with the representatives of PPI where we can ask all the questions that needs to be asked, perhaps we can get a concrete answer. I suggest that those who should attend the forum have to be the leaders of the PEP coalition only. PPI shall also be represented by its leaders.

There's nothing wrong in airing one's opinion as long as it is objective and constructive.

Just an opinion. No harm meant.

 
At Thursday, April 28, 2005 4:08:00 PM, Anonymous Real Party of Enlightened Planholders said...

You know, this is a free country and all, so the people who do not agree with the PEP coalition can and should put up their own site. But must it also have the initials that the PEP Coalition is using? This looks like an obvious ploy to sow confusion and division within the ranks of the truly enlightened planholders who are taking the fight to the big companies!

Mabuhay ang Parents Enabling Parents! We know that the PEP Coalition is fighting for fairness and the rights of each and every planholder. If it is not a well-oiled machine that can give everyone what they are asking for. Yes, some people might be falling through the cracks, but it's not because of malice but of simple organizational issues that are currently being addressed.

Can that be said of Pacific Plans? Can you rule out malice on their part when they foisted this repayment scheme on us at the time we needed the money most? Why now? Para kapit sa patalim and mga planholders?

People, you decide...
- The Real Party of Enlightened Planholders

 
At Thursday, April 28, 2005 4:13:00 PM, Anonymous Anonymous said...

If we are going to fight PPI, we need to know who the people behind it are... who planned it, what are their backgrounds, how they think, how good they are and what is their history. Knowing your opponent is one the basics of gearing up for a legal battle or any battle for that matter. There was nothing wrong with posting the officers' names. Each planholder has a right to know who they are.

Getting this information out will help us gather information and share it with the coalition. Information is more than 50% of the battle ... so it is perplexing why the pro-rehab parents are so upset about the coalition parents organizing and sharing information. The list, after all, is public information in SEC.

RE the pro-rehab parent getting upset on being called a hooligan... well, one of the pro-rehab parents have called on others to attack and threaten to sue other parent volunteers of the coalition --those who have worked hard, who have made our voices heard in the public in spite of the attempted media black out of YGC, who have organized teams and set up this website so we can all share our ideas. These parents are fighting for their children, their contractual right and their beliefs. They are fighting for all planholders to get what PPI committed to do in their contract. So of course coalition parents would get upset at the pro-rehab parents wanting to attack the coalition volunteers.

Anyway, they have their views and rights... we have ours. If the pro-rehab parents don't believe on this coalition then they don't have to join us. Pro-rehab parents can form their own site. Good luck to them ... but most of all GOOD LUCK TO THE COALITION!

 
At Thursday, April 28, 2005 4:19:00 PM, Anonymous Anonymous said...

Lumabas ang true colors ng pro-rehab parents. They are out to sow confusion of the real PEP coalition by using a confusing name.

You be the judge... they are the puppets of YGC ... otherwise why would they do that? It is full a malice.

 
At Thursday, April 28, 2005 4:27:00 PM, Anonymous True Party of Enlightened Parents said...

"Lumabas ang true colors ng pro-rehab parents. They are out to sow confusion of the real PEP coalition by using a confusing name.

You be the judge... they are the puppets of YGC ... otherwise why would they do that? It is full a malice. "

True, I agree with this post... pero are we sure that they are really pre-rehab parents? I don't have anything against the pro-rehab parents... but I do mind people masquarading behind identities of really aggrieved people in order to sow confusion within THE COALITION. Mabuhay and Parents Enabling Parents!

The True Party of Enlightened Parents

 
At Thursday, April 28, 2005 4:29:00 PM, Anonymous aloysius said...

To: Real Party of Enlightened Planholders

You said... You know, this is a free country and all, so the people who do not agree with the PEP coalition can and should put up their own site. But must it also have the initials that the PEP Coalition is using?

Here we are again! Do you have a monopoly of the initials PEP? You're really ganging on us when here we are making a separate forum for us. We are also victims of PEP thus our site. Now, it is you who are misappropriating our party's name. Tell me, did we use your Parents Enabiling Parents? Hindi! Ikaw ang nakikisakay! I REPEAT, WALA KAYONG FRANCHISE SA PEP INITIALS!

 
At Thursday, April 28, 2005 4:51:00 PM, Anonymous Anonymous said...

hey... I thought you set up your own site already. Why are you still sowing intrigue and causing confusion here?

I agree with the posts above... I think your true colors are coming out. Please don't hide behind other parents who are aggrieved.

 
At Thursday, April 28, 2005 5:13:00 PM, Anonymous Anonymous said...

partyofenlightenedplanholders blogspot - went there to see if i can join but was not enlightened, all i got was a darkened display screen. tsk tsk

 
At Thursday, April 28, 2005 5:14:00 PM, Anonymous True Party of Enlightened Planholders said...

"You're really ganging on us when here we are making a separate forum for us"

?????
Don't you have a site of your own?

Hmmm, funny how you can get so worked up when we show you, by example, what you are trying to do to this site.

Don't worry, we won't bother you in your website... but if you want to play games with us here, go ahead... Like I said, it's a free country.

This is my last post, I think the message has come across and people with discernment can figure out what's going on.

 
At Thursday, April 28, 2005 6:05:00 PM, Blogger cathyrine said...

why are we coming up with misnomers about the yuchengcos? This group caters to many clients. I surely don't want their businesses to fall afterall, many of my investments are with RCBC and at the same time, I have multiple plans with Lifetime Plans. Call me selfish but You see, they made a wise decision by not touching the trust fund of pension plan holders. the problem here is the tuition deregulation, no company - regardless of how financially sound it is can actually shoulder the sky rocketing tuition fees. Sad to say, i'm really after the rehabilitation plan. among pre-need companies which offered traditional plans, it is PPI which took a proactive stand by offering a solution. Perhaps, other pre-need companies would announce their liquidity problems in the future. A lot of people depend on the pre-need industry also for a living - to support their kids as well and bring them to school. by criticizing PPI, we are affecting the entire industry which already helped a lot of people.

 
At Thursday, April 28, 2005 6:05:00 PM, Anonymous Anonymous said...

why are we coming up with misnomers about the yuchengcos? This group caters to many clients. I surely don't want their businesses to fall afterall, many of my investments are with RCBC and at the same time, I have multiple plans with Lifetime Plans. Call me selfish but You see, they made a wise decision by not touching the trust fund of pension plan holders. the problem here is the tuition deregulation, no company - regardless of how financially sound it is can actually shoulder the sky rocketing tuition fees. Sad to say, i'm really after the rehabilitation plan. among pre-need companies which offered traditional plans, it is PPI which took a proactive stand by offering a solution. Perhaps, other pre-need companies would announce their liquidity problems in the future. A lot of people depend on the pre-need industry also for a living - to support their kids as well and bring them to school. by criticizing PPI, we are affecting the entire industry which already helped a lot of people.

 
At Thursday, April 28, 2005 6:40:00 PM, Anonymous Anonymous said...

Until now, nobody is calling the dare for the exclusive planholders to withold schooling of their children while this issue is unsettled. Is it because they have already enrolled their children while we, non-ex avaliees, are again left out in the dark but bringing in the numbers for their battle.

 
At Thursday, April 28, 2005 7:05:00 PM, Anonymous Anonymous said...

Sorry... I don't get it, I suppose the one above is for the pro-rehab? Why withhold the schooling of children? what purpose would that serve? Why punish the children when they should be isolated from all this mess? The children should study and go to school... by hook or by crook.

If you are pro-rehab, please explain why the children should be sacrificed to make the point of the pro-rehabs. If you are anti-rehab... i still don't get it.

 
At Thursday, April 28, 2005 7:46:00 PM, Anonymous Anonymous said...

Hey... are you a responsible parent? Why punish your kid and intentionally stop them from going to school? Even if you have to borrow money, you need to send them to school,no matter what. Your suggestion and dare is utterly irresposnsible and st---d just so you can make a point, at the expense of the children.

The issue here is not whether you can afford or not afford... it is what is right and what is in the contract. YGC took our money, promised to deliver, and later on... no tuition and no money back pa.

I am sure there are those who have no money for tuition and there are those who can still send their kids to school. But is that the point? If that is your mentality, then that is the mentality of someone without principles and willing to take money from someone just because he/she can afford it. Where are your morals? You teach your kids that too?

 
At Thursday, April 28, 2005 9:51:00 PM, Anonymous Anonymous said...

to Srd staff: This person should have never know the provision of the contract entered into by PPI and planholders. He mentioned the name of Gilbert macabio whom he said to have sold many plans to his friends.Kung sino kaman, kelangan mo munang magbasa bago ka magsalita!!! Huwag mong sisihin ang mga nagbenta ng plan sa pangyayaring ito, because Pacific HAD ALLOWS IT. Seguro, dapat ka pang matuwa sa kanya dahil pinaglalaban niya ang karapatan ang iyong mga kaibigan. kung kumita man siya, legal nman diba? Masama kung nagnakaw siya.. ang mahalaga hanggang sa huli di niya iniwan ang kaibigan mo.
Kaibigan, sinubukan mo bang tanungin ang mga kasama mong mga
agents sa Dong Puno Taping? Sila din ay mga nakinabang sa secondary market na yan ( gusto mo pa bang banggitin ko isa-isa ang mga nila?)... Pero nasan sila ngayon? pagkatapos pagkakitaan ang mga cliente nila, ayon... sila pa ang mga malalakas ang loob na ipagtanggol ang Pacific, ANG KAKAPAL NILA!!!

 
At Thursday, April 28, 2005 10:35:00 PM, Anonymous Anonymous said...

Also to SRD Staff:
In defense of gilbert macabio whom you mentioned in your post... Ang kapal ng mukha mo to post such comment...You and your companions at Dong Puno Live should be ashamed of what your Company have done to the planholders where you raked thousands of money. Yun ang kaibahan nyo ni Gilbert... He chose to side with the Coalition and fought for the rights of the planholder who were cheated by your Company. If I was in his position I would have done the same thing... You knew too well what Pacific Plan management had done to him... And after that injustice there came another blow.... that rehabilitation scheme you Company had filed with the makati RTC. He himself is a planholder having two plans for her daughters....the post you have done is another INJUSTICE to him. We in the COALITION don't believe you. We know his sincere effort to work for our CAUSE...
So please lang bago ka manira sa kapwa mo... LOOK AND KNOW THE PEOPLE AROUND YOU!!!!!!!!!!!!

 
At Friday, April 29, 2005 10:36:00 AM, Anonymous Anonymous said...

We should all really pity Mr. Alfonso "Mr. Integrity" Yuchengco. After all, he has had such a tumultuous life.

Consider these:
1. He left his first wife, with whom he had several children, to steal and live with the wife of another man.

2. With this other woman, he had another daughter. This young girl, when she was about 21, committed suicide. Apparently, this poor tortured soul could no longer stand the shame of being an illegitimate child, spawned by a scandalous relationship.

3. Because he left their mother, his children by his first wife became estranged from him.

4. During the confirmation hearings to deliberate his nomination for ambassador, the subject of his Income Tax Returns came up. His ITR for one year showed a loss for that year. For all his millions in his several companies, his personal ITR showed a loss, so his tax liability was minimal. When this news was circulated among insurance circles, it was suggested that a hat be passed around to help him through his time of personal financial crisis. The idea died a natural death, but not before it was laughed at by one and all.

Poor Mr. Integrity. At the sunset of his life, he has no family to see him through the rest of his days.

 
At Friday, April 29, 2005 3:39:00 PM, Anonymous Anonymous said...

To the poster who said :

"among pre-need companies which offered traditional plans, it is PPI which took a proactive stand by offering a solution. Perhaps, other pre-need companies would announce their liquidity problems in the future."

Prudential Plans just announced their P500 Million Net Income for the previous year. They have 50,000 traditional educational plans which is more than the 34,000 of Pacific Plans.

Clearly, the problem of Pacific is not external (tuition increase) - which is their escape goat. PPI was simply mismanaged.

Now, they want to escape their responsibilities by transferring the funds of Pacific to 3 other companies. Note that the transfer of funds to Liftime Plans caused the liquidity problems of PPI and not any other external events.

Yuchengco's GREED started all these trouble. GREED in exchange for TRUST. This sure is the worst deal of all time for the Yuchengcos.

 
At Friday, April 29, 2005 10:23:00 PM, Blogger halley said...

we have a traditional high school plan that should kick in next year. i do not favor the payment scheme being offered by PEP. i want to get what was promised me. how do i sign up with the coalition? how can i help? i have access to broadband internet. i have a fax machine at my disposal. we are all in the same boat and we should try to do what we can to get what is ours.

i was initially undecided on what to do until i received obviously pro rehab messages from cellphone number 09153289654 at 1:06 pm last April 27. " KESA MAGHABOL SA WALA, TANGGAPIN N ANG REHAB PLAN N ALOK NG PACIFIC PLANS- CONCERNED PEPTRAD PLANHOLDER.

and another from 09287046642 last April 24 at 11:40pm, SABI NG CAP BASED ON PRE NEED CONTRACT "IN CASE OF EXTRA ORDINARY ECONOMIC UPHEAVAL" THEY ARE OBLIGED TO PAY ONLY 50% OF THE CONTRACT PRICE, PACIFIC IS OFFERING 7% INTEREST ON THE CONTRACT PRICE. THIS IS A GOOD OFFER, ILL GRAB IT INSTEAD OF OPPOSING IT - EDWINA SY, PEP PLANHOLDER, PARTY OF ENLIGHTENED PARENTS ALLIANCE ( PEP ALLIANCE )-PLS PASS AND STOP THE NONSENSE OF PEP COALITION....

i was surprised to receive such messages but then i remembered i texted my name, landline and plan number to the cellphone numbers posted by PEP in the inquirer, supposedly so they could call me back right away to address any concerns i may have. i never received any calls but got these pro rehab messages instead. i tried calling these numbers but nobody answers. shows you how TRULY concern she/he is

 
At Saturday, April 30, 2005 3:19:00 AM, Anonymous Anonymous said...

Hello, Halley!

I'm with the PEP Coalition Secretariat. You mentioned that there's a fax machine for your disposal. Could the coalition borrow this for logistics use? How could I possibly get in touch with you? You may send your response to k1ds_future@yahoo.com. Hope you can trust me. Thank you.

 
At Saturday, April 30, 2005 10:04:00 AM, Anonymous Anonymous said...

Anonymous said...
to Srd staff: This person should have never know the provision of the contract entered into by PPI and planholders. He mentioned the name of Gilbert macabio whom he said to have sold many plans to his friends.Kung sino kaman, kelangan mo munang magbasa bago ka magsalita!!!

You're wrong! I too am anti-rehab. It just worries me sick na isang taong nakinabang ng husto sa secondary market is now among us. Let him settle muna ung kinuha syang sobra sa mga planholders na apektado ng doble ngayon (una - dahil sa rehab; pangalawa - dahil mahal ang pagkabili nila sa kanya). Alam nating apektado sya pero nabawasan na un dahil kumita sya. Kapag ok na sya sa mga taong nabentahan nya ng PEPTrad, ok na rin sa akin. Ayaw ko lang makita na ang isang taong nakinabang sa pangangailangan ng isang magulang ay nandun. Equally liable dapat sila. If and when naayos nya ito, ok na ok sakin.

 
At Tuesday, May 10, 2005 7:33:00 PM, Anonymous Anonymous said...

To the Party of Englightened Planholders, my questions:
1. How come no one is enlightened by your blogsite since all you have are press releases and articles that are pro yuchengco. can't you make your own analysis or come up with a better offer than the 7% interest plan?

2. How can people gang up on you when you claim you are the majority.

3. who are the leader? someone posted asking the same thing. Aren't anyone brave enough to come out since you have the majority behind you? sayang, kasi without some real face, you guys really seems suspect as yuchengco planted hacks.

4. You seemed more angry at coalition leaders and members than you are the yuchengcos. Kanino kayo ba naging biktima?

5.Why is it you think that the collapse of PPI was understandable and yet the anger of PEP coalition is not?

6. Some of you said you will go after the PEP leaders if you don't get anything at the end of the day, and yet you don't have the same zeal to go after the Yuchengcos? so weird.

7. Why are you proposing we go after agents who sold via secondary market and yet you willingly accepts the offer of the Yuchengcos? mas weird pa eto. it seems like you are willing to go after anyone else except the Yuchengcos. ayos lang kayo? nasa tamang pag iisip ba kayo? sobrang sympathetic nyo yata kay uncle Alponzzi.

8. Sino ba talaga ang may kasalanan? pakisagot:
a. ang mga PEP leaders and members who wants PPI and the Yuchengcos to keep their part of the bargain
b. Ang mga agents who sold in the secondary market
c. the government who's oversight didn't actually oversaw.
d. the Yuchengcos who milked PPI out of dividends for years then transferred all good plans to Lifetime and let YOU holding nothing.

Pakisagot lang please because you really are barking at everyone else except the Yuchengcos and you even sing praises for them telling us the offer is fair and dapat pa kaming magpasalamat sa kanila.

 
At Thursday, May 12, 2005 10:47:00 AM, Anonymous bmw said...

In response to:

"Anonymous said...
To the Party of Englightened Planholders, my questions:

1. How come no one is enlightened by your blogsite since all you have are press releases and articles that are pro yuchengco. can't you make your own analysis or come up with a better offer than the 7% interest plan?

IF YOU WOULD READ ALL POSTINGS, WE HAVE ALSO POSTED THE WALKOUT. AGAIN, WE DON'T MAKE ANALYSIS BECAUSE WE DON'T FORCE OTHERS TO DECIDE BUT LET THEM DECIDE INDEPENDENTLY. WE EVEN ENCOURAGE THEM TO SHIFT BETWEEN SITES TO COME UP WITH THEIR DECISIONS. AS TO THE 7% INTEREST PLAN, WE ARE NOT OFFERING THAT. WE ARE ACCEPTING IT. DO YOU OFFER ANYTHING EXCEPT BLOCKING THE REHAB PLAN. WHAT ARE YOUR CONTINGENCIES IN CASE THE HEARING DRAGS FOR YEARS? FOR MOST OF THE LEADERS, NO WORRY FOR THEY HAVE THE MONEY. THEY ALSO HAVE THE TIME TO MAKE THEIR ANALYSES. WHO KNOWS, THEY COULD EVEN BE PAYING SOMEONE TO MAKE YOUR ANALYSES.

2. How can people gang up on you when you claim you are the majority.

IT DOESN'T MEAN THAT WHEN YOU ARE ON THE MAJORITY, NO ONE CAN GANG UP ON YOU. ARE YOU THE MAJORITY? WHO KNOWS, YOU MAY NOT EVEN REACH 20% OF THE 34,000 PLANHOLDERS.

3. who are the leader? someone posted asking the same thing. Aren't anyone brave enough to come out since you have the majority behind you? sayang, kasi without some real face, you guys really seems suspect as yuchengco planted hacks.

WE ARE NOT PLANTED HACKS. WE ARE PLANHOLDERS TOO. TO CAST ASPERSIONS ON OUR PERSONALITIES IS BELOW THE BELT. I GUESS WE DON'T HAVE TO ASK YOU THE SAME BECAUSE YOUR LEADER IS THE PSEUDO-LAWYER PHILIP PICCIO. WE DON'T NEED LEADERS BECAUSE WE THINK AND ACT/DECIDE INDEPENDENTLY. WE HAVE SIGNIFIED OUR ACCEPTANCE TO THE REHAB BY EMAILING THIS TO PPI'S EMAIL. IF YOU WANT, YOU VALIDATE THIS WITH THEM.

4. You seemed more angry at coalition leaders and members than you are the yuchengcos. Kanino kayo ba naging biktima?

GALIT KAMI SA LAHAT PERO SA GINAGAWA NG COALITION BLOCKING THE REHAB, THERE WILL BE NOTHING LEFT FOR US AS YOU WILL BE TAKING MOST OF IT BEING CURRENT, AVAILING AND/OR EXCLUSIVE PLANHOLDERS.

5.Why is it you think that the collapse of PPI was understandable and yet the anger of PEP coalition is not?

TO EACH IS OWN. WE BELIEVE IN THE MERITS OF THE CASE JUST AS WE DON'T QUESTION YOUR DECISION. MOST OF YOUR ANGER IS MISPLACED TO THE POINT OF IT BECOMING PERSONAL.

6. Some of you said you will go after the PEP leaders if you don't get anything at the end of the day, and yet you don't have the same zeal to go after the Yuchengcos? so weird.

THE YUCHENGCOS HAVE SHOWN THEIR PLAN. HAS THE COALITION SHOWN THEIRS ASIDE FROM BLOCKING THE REHAB? AGAIN TALKING ABOUT CONTINGENCIES IF THE CASE DRAGS FOR YEARS.

7. Why are you proposing we go after agents who sold via secondary market and yet you willingly accepts the offer of the Yuchengcos? mas weird pa eto. it seems like you are willing to go after anyone else except the Yuchengcos. ayos lang kayo? nasa tamang pag iisip ba kayo? sobrang sympathetic nyo yata kay uncle Alponzzi.

TAMANG HABULING ANG MGA AHENTE KASI SILA NAKINABANG NG TODO. HAHABULIN DIN NAMIN YUNCHENGCOS PERO ITO AY SA PARTENG YUNG TOTOONG PRESYO LANG NG PLANO. WHATEVER THE PRICING SA SECONDARY MARKET, INTERNAL NA YUN KAYA DAPAT ACCOUNTABLE BOTH.

8. Sino ba talaga ang may kasalanan? pakisagot:

a. ang mga PEP leaders and members who wants PPI and the Yuchengcos to keep their part of the bargain
b. Ang mga agents who sold in the secondary market
c. the government who's oversight didn't actually oversaw.
d. the Yuchengcos who milked PPI out of dividends for years then transferred all good plans to Lifetime and let YOU holding nothing.

LAHAT PERO KANYA KANYANG LIABILITY YAN.

 
At Thursday, May 12, 2005 9:00:00 PM, Anonymous Anonymous said...

In response to BMW:


1. IF YOU WOULD READ ALL POSTINGS, WE HAVE ALSO POSTED THE WALKOUT. AGAIN, WE DON'T MAKE ANALYSIS BECAUSE WE DON'T FORCE OTHERS TO DECIDE BUT LET THEM DECIDE INDEPENDENTLY. WE EVEN ENCOURAGE THEM TO SHIFT BETWEEN SITES TO COME UP WITH THEIR DECISIONS. AS TO THE 7% INTEREST PLAN, WE ARE NOT OFFERING THAT. WE ARE ACCEPTING IT. DO YOU OFFER ANYTHING EXCEPT BLOCKING THE REHAB PLAN. WHAT ARE YOUR CONTINGENCIES IN CASE THE HEARING DRAGS FOR YEARS? FOR MOST OF THE LEADERS, NO WORRY FOR THEY HAVE THE MONEY. THEY ALSO HAVE THE TIME TO MAKE THEIR ANALYSES. WHO KNOWS, THEY COULD EVEN BE PAYING SOMEONE TO MAKE YOUR ANALYSES.

You can't do analysis and yet you claim to be the enlightened one. that's a laugh. you take the Yuchengco line like the divine truth tapos you're enlightened. There are plenty to see for you to make analysis, you don't have to hire anyone to do that in fact common sense is enough to come up with plenty of analysis. All your site is doing is to convince plan holders to accept the yuchengco settlement which they foist on everyone on the 11th hour so that precisely people don't have enough time to make effective decisions. And your site is nothing but their trumpet. why don't you just provide a link to their website, oh i forgot, you are THEIR website since they've taken theirs down.


2. IT DOESN'T MEAN THAT WHEN YOU ARE ON THE MAJORITY, NO ONE CAN GANG UP ON YOU. ARE YOU THE MAJORITY? WHO KNOWS, YOU MAY NOT EVEN REACH 20% OF THE 34,000 PLANHOLDERS.

Again, how can people gang up on you when you're the majority. You kept on questioning the anti-rehab's number and yet no one in the anti-rehab questions your numbers. You're the one who kept on wanting to make people believe you're the majority. show your numbers if you are indeed the majority and yet ni leader wala ngang lumalabas. so far a bunch of ghosts claiming to be plan holders. panindigan nyo yung stand nyo. di naman porke majority and isang side sila lang ang pwedeng sundan. even if you're not the majority, all you have to do is sign with the yuchengco and leave the antirehab a long fight with the yuchengcos. the problem is, you're making it sound like its either rehab for everyone or none for everyone - the same threat the Yuchengcos are making. My suggestion again: use commonsense and some research and you will arrive at the conclusion that even a single individual is entitled not to accept the rehab plan and file for a case in court if there is enough cause.

3. WE ARE NOT PLANTED HACKS. WE ARE PLANHOLDERS TOO. TO CAST ASPERSIONS ON OUR PERSONALITIES IS BELOW THE BELT. I GUESS WE DON'T HAVE TO ASK YOU THE SAME BECAUSE YOUR LEADER IS THE PSEUDO-LAWYER PHILIP PICCIO. WE DON'T NEED LEADERS BECAUSE WE THINK AND ACT/DECIDE INDEPENDENTLY. WE HAVE SIGNIFIED OUR ACCEPTANCE TO THE REHAB BY EMAILING THIS TO PPI'S EMAIL. IF YOU WANT, YOU VALIDATE THIS WITH THEM.

Excuse me, werent the pro-rehab the first ones who cast aspersions against the PEP coalition leaders? though we are not sure who you really are, I am willing to bet some of you are planted hacks specially from the way some of you write, hindi ganyan magsulat ang isang planholder. pwedeng tatanggapin mo ang rehab as a sign of resignation but to actually even voice positive comments for the yuchengcos and justify PPIs collapse, NOW THATS INCREDIBLE.

4. You seemed more angry at coalition leaders and members than you are the yuchengcos. Kanino kayo ba naging biktima?

GALIT KAMI SA LAHAT PERO SA GINAGAWA NG COALITION BLOCKING THE REHAB, THERE WILL BE NOTHING LEFT FOR US AS YOU WILL BE TAKING MOST OF IT BEING CURRENT, AVAILING AND/OR EXCLUSIVE PLANHOLDERS.

Read the question again: you seemed MORE angry .......; And i thought you said you don't do analysis, so kanino galing yung analysis mong pag nablock ang rehab ay walang matitira sa inyo?? what is the precedent that you can cite to support your claim? The way I analyse it is that after blocing the rehab, we can now force the yuchengcos to the table and come up with an acceptable settlement. a sincere one without the protection of the court and fair to ALL planholders. That one has a precedent and it is based on the concept of 'liability'. YOu let them go into rehab, they lose liability except those stated in their rehab claim AT WALA KA NANG HABOL KUNG ANO PANG MANEUVER ANG GAWIN NILA SA COURT. That one also has precedent, you check them out.

5. TO EACH IS OWN. WE BELIEVE IN THE MERITS OF THE CASE JUST AS WE DON'T QUESTION YOUR DECISION. MOST OF YOUR ANGER IS MISPLACED TO THE POINT OF IT BECOMING PERSONAL.

Again, walang analysis pero merong merits of the case? sino nagprovide ng merits of the case? you don't question the coalition decision? hello, read your postings again.

6. THE YUCHENGCOS HAVE SHOWN THEIR PLAN. HAS THE COALITION SHOWN THEIRS ASIDE FROM BLOCKING THE REHAB? AGAIN TALKING ABOUT CONTINGENCIES IF THE CASE DRAGS FOR YEARS.

How much time was given to everyone to react and decide. Oh I forgot, you're non-availing so you were not caught in a last-minute predicament. and even though, there are still so much time to provide arguments pro and against. why don't you take those time to research more. you're going to get your money 2010 pa if ever,and you're worried about the years? There are much more solution to this than the plain pro and anti-rehab. if you'r pro-rehab, you just accept what they give you and you thank them, thats your ONLY option. but once the rehab is blocked, there are several options that can be used.

7. TAMANG HABULING ANG MGA AHENTE KASI SILA NAKINABANG NG TODO. HAHABULIN DIN NAMIN YUNCHENGCOS PERO ITO AY SA PARTENG YUNG TOTOONG PRESYO LANG NG PLANO. WHATEVER THE PRICING SA SECONDARY MARKET, INTERNAL NA YUN KAYA DAPAT ACCOUNTABLE BOTH.

Hindi nyo na mahahabol ang mga yuchengcos once rehab kicks in (and yes, MAY PRECEDENT ETO). One you sign the rehab, you quit any other claim not stated in the rehab, kaya nga sila nagtatago sa likod ng rehab. mahirap bang intindihin yan para sa inyo? As to the pricing of the secondary market, its the law of supply and demand and because the yuchengcos made it a tradable instrument, then sila ang habulin because an instrument is only tradeable (like currency) kung may guarantor eto and the yuchengcos thru PPI are the guarantor. nobody would trade in the secondary market if they are made non-tradeable by PPI and the yuchengcos. Yung nga ang isang gimik nila pag binebentahan ka ng plans na it is tradeable and PPI and Yuchengco WILL HONOR IT. They were selling it as an asset, so ngayon biglang bumagsak ang value ng asset mo sa kagagawan nila hindi sila hahabulin mo? And with that argument, balikan mo ang NAPOCOR bonds kasi eto ay tradeable instruments guaranteed by the government.



8. Sino ba talaga ang may kasalanan? pakisagot:

a. ang mga PEP leaders and members who wants PPI and the Yuchengcos to keep their part of the bargain
b. Ang mga agents who sold in the secondary market
c. the government who's oversight didn't actually oversaw.
d. the Yuchengcos who milked PPI out of dividends for years then transferred all good plans to Lifetime and let YOU holding nothing.

LAHAT PERO KANYA KANYANG LIABILITY YAN

Yung ang tanong uli, bakit sa lahat ng hahabulin mo, mga Yuchengcos yata ang pinakamagaan ang liability para sa yo. kung ganon, pasalamatan mo sila sa generosity nila.

 
At Friday, May 13, 2005 10:57:00 AM, Anonymous Anonymous said...

sa poster above, have you read Boo Changco's column today? WILL THAT MEAN KAAWAY NYO NA RIN SYA? DISHONOR ROLL?

 
At Saturday, May 28, 2005 9:58:00 PM, Anonymous Anonymous said...

Tale of a Taipan
Posted 08:05am (Mla time) Feb 27, 2005
By Eric S. Caruncho
Inquirer News Service

excerpts

NJ: Building all these big companies, how did you go about it?

AY: You know, to be successful in life, it all depends on luck. It is not your ability. If you are lucky, you will be successful. If you are not lucky, you will not be successful. You know, Confucius once said, "Man proposes, God disposes."

NJ: Is that all your explanation for your being a tycoon?

AY: Just luck. Nothing else. No matter how hard you work, if you are not lucky, there is no way you can succeed.

NJ: My God, I can't believe it.

AY: That's true.

NJ: Your father was lucky. You yourself were lucky, too.

AY: I was luckier. I made more money. You know, one thing I firmly believe in is that a good name is forever. But money, no matter how many millions, can be lost in a day.

...

"I think I said earlier that for me a good name is much more important than a fortune. So my dream is that my children will be able to preserve a good name. The only way they can do that is if they don't fight with each other and they can work together. One possibility is to divide the businesses to be managed by each. Another possibility is that they work as a group, but each has one vote, and all decisions must be made by the majority. As of now, I have not made the decision as to which would be the best. Before I make a decision, I guess I have to talk to them first and find out their opinions also."

It seems that the final chapter in the Alfonso Yuchengco saga remains to be written.
_______
Will his tenet that a good name is forever a wishful thinking?

 
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At Friday, October 28, 2005 4:10:00 AM, Anonymous effective goals said...

Thanks for a good read.

I’m leaving a little “teaser” for you here to start you thinking about something you may have disregarded for awhile.

Perhaps it will make a difference in your day, month or year. Who knows, it could change your life!

I hope this is of great benefit to you, and maybe you can pass it on…

How to Begin to Achieve Your Goals

Once you have set your lifetime goals, the best thing that you can do is set a 25 year plan of smaller goals that you should complete if you are to reach your lifetime plan.
From there you can just shorten your overall goal spans for example, you set a 5 year plan, 1 year plan, 6 month plan, and 1 month plan of progressively smaller goals that you should reach to achieve your lifetime goals.

Each of these should be based on the previous plan. It is the best way to begin to achieve a lifetime that is filled with and results in a life without any failed wishes. It results in a life without regret.

You see, by starting out slowly, you are giving yourself the chance to realize and work on achieving the goals that you set out to.

Nobody ever succeeds at attaining a goal that was forced through. Those that tried never really got what they were hoping for. In rushing through and trying to achieve your goals quickly you will likely miss a few key aspects that can really change your outcome.

Think of it this way; if you were to run a 10K marathon and decided to take a cab for half of the journey; have you really achieved that goal? Would you be satisfied when you crossed the finish line?

It would be a hollow victory that could only provide a moments happiness.

Finally set a daily to do list of the things that you should do today to work towards your lifetime goals.

At an early stage these goals may be to read books and gather information on the achievement of your goals. This will help you to improve the quality and realism of your goal setting and in effect; make it easier to achieve them.

You also have to review your plans, and make sure that they fit the way in which you want to live your life.

Once you have decided what your first set of plans will be, keep the process going by reviewing and updating your to-do list on a daily basis.

You have to periodically review the longer term plans, and change them to reflect your changing priorities and experiences in your life.

Have a GREAT day, and set a few new goals while you’re at it!

You can find more "tidbits" on goal setting at developing goals

 
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At Wednesday, January 11, 2006 2:54:00 PM, Blogger divine said...

please mr yuchengco when can we get our money earliuer than 2010? we are in dire need . We bought that PEP for our children nagkautang utang pa nga ako para lang i can pay the monthly premium tapos ganyan kayo?`~!@#$%^&*()_+

 

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