PNoy's Porsche: The President's New Toy

PNoy's Porsche stirred a lot of controversies amongst Filipino people. Some people deemed it to be very untimely because of the upcoming fare hikes in LRT/MRT and buses too; aside from that the taxi flag down rate increase has already been approved. Group leaders from various sectors of the society call PNoy insensitve for making such decision.

The Bachelor President

My two-cents on this issue is that our president did not use the government money to buy himself his Porsche. According to reports he sold his recently "fully paid" BMW to get himself his new toy car. In fact, he is the third owner of the Porsche that he bought. He bought is at the price of whooping 4.5Million pesos. It could be very untimely for him to buy a luxury car.

A 2007 Model of Porsche

A lot of affluent people can buy luxury car anytime they want, so why not spare the good ol' bachelor president. It was his own money that he used to buy the Porsche, I think that alone is fair enough. True enough that austerity measures should be observed by the government since they are using the government funds. But this guy is using his hard-earned money to get what he wanted, so let him be. At least he is not hiding it from the people, he is very transparent about it.

What can you say about PNoy's Porsche?

New Philippine Peso

Have you seen the new Philippine peso bills? This time around, Ninoy Aquino is not lonely; in fact he is all smiles because he is beside the "Woman He Loved Three Times"; former President Cory Aquino. Another plus factor with the new 500 peso bill is the signature of their only son; President Noynoy Aquino.

On the reverse side of the new peso bills you'll see different scenic spots plus the animals that can be found only here in the Philippines.  These banknotes are called the "new generation" bills. However, a lot of people are criticizing the new banknotes. According to them there are a lot of errors in it.

As for my two cents; I like looking at the new banknotes. It is nice to see faces of the famous people smiling at you whenever you get hold of that 500 peso bill.

What do you think about the new Philippine peso bills?