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Sunday, July 17, 2011

Manny Pacquiao Wins ESPN ESPY Figther of the Year

Manny Pacquaio is again awarded by a global and one of the most reputable award body of the world ESPN ESPY Awards. Manny Pacquiao is once again awarded the "Fighter of the Year for Year 2010". 

This is based on the spectacular performance of Manny Pacquiao in dismantling Antonio Margarito in their fight on May 2010 in Cowboy stadium. Manny Pacquiao displayed the most spectacular performance  of his career in that fight. He showed amazing quickness, speed, power and agility against the biggest opponent he faced in his career. In the November 2010 fight, he again stunned the world by knocking down Shane Mosley in the 3rd round which made Mosley think that that was the most powerful punch he has ever felt in his entire boxing career.
  
          

Azkals Rape Scandal | Azkals Video Scandal

News reports and rumors have it that there is a so called Azkals video scandal. What is shocking is that reports reveal that it is not an ordinary video scandal but something that accused some Azkals members of rape! OMG! I am late on blogging about this issue because I was doing something scholarly and I was so shocked when I checked the news that there is a major scandal issue that is filling up the news sites front pages.

However, the Azkals denied the allegation and dismissed it to be simply not true. I hope this is simply not true because if it turns out to be true I will see to it that justice is served. If it turns out that they are guilty then they must be punished to the full extent of the law and rot in jail or better execution by firing squad at the Luneta. If it turns out to be true then their team name correctly reflects what they are: askals, asong kalye!

If it turns out to be false, then that's good news.

Sunday, July 3, 2011

Where Should Manny Pacquiao Invest His Money

As everybody knows, Manny Pacquiao has made a fortune being one of the greatest boxer if not the greatest boxer of all time. He is not only great in the ring but also outside. He has been kind, gentleman and honest in and out. No wonder why in the Philippines, he is the endorser of almost all products. Beer, deoderant, shoes, socks, energy drink, battery, cellphone networks, milk, you name it. To top it all, Manny Pacquiao does not only endorse local products but also global ones like the latest HP TouchPad and Nike products. He made millions of dollars for endorsing these global brands. Reports said that Pacquaio made $7 million for the HP commercial. The Nike commercial is coming up soon and that is another million dollars right straight to the pocket of the Pacman. And of course, Manny makes another at least 20 million dollars in the Marquez fight.

To cut the story short, Manny Pacquiao has a lot of money and his problem now is not money but how to spend it. Unfortunately I hate the spending idea especially that this has been what Pacquiao doing with his money. Reports said that he bought a 300 million pesos worth of house in Forbes park. That is 1/3 of his reported net worth which according to reports is just a bit higher than 1 billion pesos. A house and lot worth 300 million pesos sounds very lavish and impractical. I know it's not my money but Manny's. However, I can't help but criticize that this is one of the worst decisions he made regarding money. 300 million pesos just blew my mind when i first heard about it.

If I were Pacquiao I would not have bought a house and lot worth that much. I would rather have bought a house worth at most Php 50 Million. And if I were him I would invest my money to the poor by financing houses and financing the studies of poor Filipino students. I am not saying giving away money to the poor but lending them money and let them pay it back with a low interest. Instead of putting his money in a bank by which only the banks and the already rich get richer from his money, Pacquiao is better off lend his fortune to the needy but willing to repay him of course. I discourage giving away money to the poor but lending them money and teaching them how to pay it back with discipline. Manny can finance livelihood projects by having his own microfinance company that will lend to small businesses. Instead of buying luxury cars and houses, Manny Pacquiao should invest his money to the poor if he is indeed serious in alleviating poverty in this country.

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