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DA says ASF cases tapering off

AGRICULTURE SECRETARY William D. Dar said on Thursday that cases of African Swine Fever (ASF) in the country is already on the decline. “The occurrence, the outbreak is now tapering down, it’s decreasing, so it’s a good pangitain (sign),” he said during a press briefing in Quezon City. He also confirmed that areas in Rizal province previously affected by ASF have tested negative for the past three months, but he said the Department of Agriculture (DA) is being “cautious” in declaring these as officially ASF-free. “Minimum of 90 days for observation. Mayroon namang SURE Aid system na kung anong livelihood ang gusto ng apektado, pero ang sabi namin huwag munang baboy ang alagaan (There is a SURE Aid system that gives affected hog raisers capital to start a new business, but we suggest that they should not raise pigs again just yet),” he explained. Data from the Bureau of Animal Industry (BAI) show that the number of pigs culled totalled 147,334 heads as of December 15, of which 18% were infected by the virus. There were 612 barangays affected in the provinces of Bulacan, Pampanga, Nueva Ecija, Aurora, Tarlac, Rizal, Cavite, Pangasinan, and those in Metro Manila. The DA has a P221.67 million allotment for indemnification to hog raisers whose pigs were culled due to the virus.

ZONING
Mr. Dar also reported that the national task force for ASF finalized last Wednesday the national zoning plan for managing, controlling, and containing the ASF virus. He added that this would be further strengthened when President Rodrigo R. Duterte issues an executive order to encourage all local government units to abide by the plan. Administrative Circular No. 12, series of 2019, dated December 10, contains the National Zoning and Movement Plan for the prevention and control of the virus. Under the plan, provinces and regions will be classified depending on the status of ASF in their areas as well as guidelines on where they could transport their pigs, pork, and pork products. There are two general zones, containment zone and free zone. Containment is further divided into four: infected zone, surveillance zone, buffer zone, and protected zone. Mr. Dar said that it was also agreed during the meeting that only fully-cooked canned pork products would be allowed to be transported to areas across the country, while processed products like longganisa, tocino, and hotdog cannot be transported to clean areas, most especially the Visayas and Mindanao. — Vincent Mariel P. Galang

Shrine for PHL revolution’s hero-journalist Lopez Jaena eyed as added cultural heritage site in Iloilo

By Emme Rose S. Santiagudo, Correspondent

GRACIANO Lopez Jaena is recognized as the first Filipino propagandist who rallied and sought Philippine independence from Spain alongside national heroes Jose Rizal and Marcelo H. Del Pilar.

In his hometown Iloilo, his Dec. 18 birthday is observed as a special public holiday in the city and the entire province.

This year, the city government has committed to help provide the needed funding to complete the development of the hero’s ancestral home in Jaro district into another cultural heritage destination.

Demy P. Sonza, chairman of the Dr. Graciano Lopez Jaena Foundation and a former member of the Iloilo provincial board, said the completion of the shrine has been pending since 2017.

“Last year, around 40% was finished. The previous administration of Mayor Jose S. Espinosa promised to help finish the project but they failed to do so,” he said during Wednesday’s commemoration event.

Under the current administration of Mayor Jerry P. Treñas, the foundation has already signed an agreement for the turn over of the government lot where the shrine and Lopez Jaena’s ancestral home is located.

HISTORY LESSON
“The shrine will be a museum library where Lopez Jaena’s memorabilia and literary works will be displayed for the visitors. It will be an added attraction and cultural heritage place to Iloilo,” Mr. Sonza said.

Lopez Jaena founded the fortnightly newspaper La Solidaridad and made notable literary contributions, the most famous of which is Fray Botod, a satirical character sketch of priests during the Spanish colonization.

“We need to know and appreciate what Lopez Jaena did for our country. Knowing the life of a hero can be very encouraging and it can help us be inspired to do what is best for our country,” Mr. Sonza said.

Nereo C. Lujan, the Iloilo provincial government’s resident historian and was the guest speaker at the event, said it is important to keep history alive and fight revisionism.

“There are a lot of ideas, facts, and figures in our history that have been altered into a different representation for the children. We have ignored the small facts in our history… how do we teach children to love the country if they don’t know their roots,” Mr. Lujan said.

“The challenge of this celebration is for us to love history, study history, and teach our children history,” he added.

Cagayan de Oro starts processing business permit renewals through special kiosks and online

THE CAGAYAN de Oro City government announced that it has started processing business permit renewals, ahead of the usual January period. In a statement on its official social media page, the City Finance Department urged businesses to take advantage of the early opening of the assessment period, which can be done through special kiosks or the online billing and payment system on the cagayandeoro.gov.ph site. After the assessment, payments can also be made online or through the city cashiers, according to Acting Assistant City Treasurer for Operations Leonil Mistul. After payment, business representatives can head to the City Tourism Hall for the processing of the actual business permit and license along with the sanitary permit and Fire Safety Inspection Certificate. The business permit renewal period will close Jan. 20. The Business One-Stop Shop at the City Hall, meanwhile, will be handling new business applications.

BTA committee on Marawi City to hold public hearings on rehabilitation

THE BANGSAMORO Transition Authority’s Special Committee on Marawi will hold a series of public hearings starting January to put together a report intended to help improve the slow implementation of the rehabilitation plan for the city that was devastated in 2017. Amir S. Mawallil, a member of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Parliament, said the committee’s report will be submitted to the parliament. Among those to be invited for the hearings include members of civil society, government officials, and representatives of the internally displaced persons (IDPs). Local extremist group Maute, which has links to the Islamic State, led a siege of Marawi City on May 23, 2017. The battle with government troops lasted for five months, leaving central parts of the city in ruins.

HOUSE
At the House of Representatives, two resolutions have been filed calling for an inquiry in aid of legislation on the rehabilitation process status as well as the disbursement of funds. These are House Resolutions 377 and 470 filed by Representatives Lucy Marie Torres-Gomez (Leyte 4th District), Mujiv S. Hataman (Basilan) and Amihilda J. Sangcopan (Anak Mindanao Party-list). At a hearing of the House committee on disaster management on Dec. 18, the Marawi Reconstruction Conflict Watch (MRCW) gave a statement citing that: “The general sentiment of the Maranaos is that there is very little progress in the actual rebuilding of Marawi City. There is confusion on the ground regarding discrepancies between proposed plans and actual projects and services delivered.” MRCW is a multi-stakeholder group of professionals, experts, and network leaders that aims to help ensure that the reconstruction of Marawi City is inclusive and conflict-proof. “The lack of transparency and public accountability of the TFBM (Task Force Bangon Marawi) and relevant agencies brings uncertainty, insecurity, and frustration to the IDPs and fuels the people’s despair and anger towards the government, which makes those who suffer the most more vulnerable to the lure of extremist thinking and heightens their propensity for violence,” the group said. — MSJ

Nationwide round-up

Group denounce Golden Rice approval

IRRI

A GROUP of farmers and scientists expressed disappointment over the approval of the biosafety permit of Golden Rice despite health issues related to its consumption. “We are appalled that the approval has pushed through despite the numerous unresolved issues that MASIPAG and many other organizations are raising regarding Golden Rice, mainly on its safety and long-term effects on children, women and other consumers,” Magsasaka at Siyentipiko para sa Pag-unlad ng Agrikultura (MASIPAG) Chairman of the Board Elpidio E. Paglumotan said in a statement on Thursday. MASIPAG is a farmer-led group of people’s organizations, non-government organizations, and scientists, which promotes the welfare of the country’s farmers. The Department of Agriculture (DA), through the Bureau of Plant Industry (BPI), has approved the commercial use of Golden Rice as food, feed, or for processing (FFP). Golden rice, a variety produced through genetic engineering, aims to provide 30%–50% of the estimated average requirement of Vitamin A of the body. “With this FFP approval, we bring forward a very accessible solution to our country’s problem on Vitamin A deficiency that’s affecting many of our pre-school children and pregnant women,” Philippine Rice Research Institute (PhilRice) Executive Director Dr. John C. de Leon said in a statement on Wednesday. PhilRice, which applied for the permit in 2017 to be able to conduct field trials, and the International Rice Research Institute (IRRI) have been pushing for the commercial use of Golden Rice. However, groups protesting against the variety have noted that beta-carotene, which is contained by the rice variant and is being converted to Vitamin A by the human body, degrades fast after harvesting and processing. A study by the Indian government showed that 84% of the beta-carotene in Golden Rice can be lost unless vacuum-packed and refrigerated. High temperature and humidity also leads to degradation of the antioxidant, while cooking will lead to a 25% loss of beta-carotene. “Proponents have failed to address concerns on the Golden Rice’s negligible beta-carotene content, its fast degradation and the possible toxicity associated with the beta-carotene degradation,” MASIPAG National Coordinator Cris Panerio said. The group also said that the lack of transparency and speed of approval of its permit shows the “desperation” of the concerned agencies to bring in the rice variety. — Vincent Mariel P. Galang

Nation at a Glance — (12/20/19)

News stories from across the nation. Visit www.bworldonline.com (section: The Nation) to read more national and regional news from the Philippines.

Nation at a Glance — (12/20/19)

Against independence

President Rodrigo Duterte’s repeated threats against ABS-CBN — the latest his declaration that he will “see to it” that it will be “out” once its franchise to operate expires — must be challenged and opposed, quite simply because it is wrong.

It is wrong for its pettiness and narrow, self-serving, and vindictive partisanship. But it is equally wrong for its pro-people and anti-oligarchy pretensions.

Mr. Duterte would not only shut down the country’s biggest radio and television network, which employs over 11,000 men and women all over the country, on no other basis than his claim that it did not air his propaganda materials during the 2016 campaign for the Presidency. He would also enable his cronies — one of whom is only too eager to add the network to his vast range of recent acquisitions — into taking control of it in a reprise of the crony capitalism of the Marcos dictatorship. Once that happens, one of the most influential media organizations in the Philippines will become no more than a regime mouthpiece and the platform from which its purveyors of false information will dominate public discourse.

His arrogant certainty that the House of Representatives will do as he wants also underscores once more the demise of that body’s supposedly co-equal status and independence, and its lethal impact on the tattered remains of Philippine democracy. But Mr. Duterte’s threat is even more fundamentally wrong for being an attack on a media organization for airing reports on the thousands of killings in his so-called “war on drugs” and for some of its anchors’ and reporters’ being critical of his China and West Philippine Sea Policy. Mr. Duterte wrongly presumes that he is lord and master of all he surveys and has the prerogative to allow only those media organizations that pander to him and his regime to exist and to continue to function despite Article III Section 4 of the Constitution.

This latest threat against the media is so obviously meant to intimidate not only the independent press but also every truth-teller, whether human rights defender or rural missionary. It is an assault on media freedom and the right to free expression and information from the multiplicity of sources citizens need to exercise their sovereign power to decide on matters that concern them.

The shutdown of any media organization, whether big or small and whatever its views, reduces the number of contending voices on which citizens depend to get at the truth. All media and journalists’ organizations, media advocacy groups, civil society, and everyone else who still believes in media freedom, free expression, and democracy must expose the Duterte threat for the brazenly tyrannical scheme to intimidate the media that it is, and demand that the House of Representatives renew ABS-CBN’s franchise.

As in the case of regime attempts to silence the online news site Rappler, a threat against one is a threat against all. Once ABS-CBN is shut down on the say-so of a president who despises criticism and truth-telling, every other media organization can be similarly silenced by denying or withdrawing its franchise, or through some other nefarious means.

And yet, despite Mr. Duterte’s threats and his subaltern Alan Peter Cayetano’s repeatedly echoing of them, the Center for Media Freedom and Responsibility (CMFR) found that much of the media, including ABS-CBN itself, have chosen to keep silent about it, apparently because of the cutthroat rivalry in the broadcasting industry, and ABS-CBN’s hesitation in reporting on something in which its self-interest is involved. But there is also the mistaken belief that despite Mr. Duterte’s attacks on press freedom and free expression, it is still possible to negotiate and reason with him.

Among the broadcast organizations, only CNN Philippines and TV 5’s Aksyon have so far aired any report on ABS-CBN’s problem with Mr. Duterte. Print was more forthright. The three Manila newspapers of general circulation did report on it in addition to Mr. Duterte’s rant, and so did some columnists. Some reports also pointed out that despite Cayetano’s assurance of “due process,” he himself has been criticizing ABS-CBN for being allegedly anti-regime.

It was on social media — on Twitter and Facebook — where there was more attention paid to it, and where most Netizens expressed their opposition to the shutting down of ABS-CBN. But the prospects for the renewal of its franchise are not encouraging. There is a bill pending in the House renewing the ABS-CBN franchise when it expires on March 30, 2020. Cayetano earlier assured the public that the House would discuss it before yearend. But he is now saying that they have enough time to do next year, when, if its franchise is not renewed, the network will have to cease operations.

Mr. Duterte’s most recent tirade against ABS-CBN was his fourth in the last two years. He accused the network of unfair reporting in 2017, and of refusing to run political ads that he said he had paid for. In May of the same year, he also threatened to file charges against it for allegedly “swindling” him. He said the same things and made the same threats a year ago, in November 2018.

Not only for the possible loss of employment of thousands of men and women should the threat to shut down the country’s biggest broadcasting network have made the six o’clock news and aroused citizen concern. It would also send to the rest of the media and everyone else the unmistakable message that the Duterte regime will not relent in its campaign to silence its perceived critics, including any entity that dares show some semblance of independence.

Mr. Duterte has used the powers of his office as well as his control over the other two supposedly independent and co-equal branches of government to harass and silence his critics in and out of the media. Not only has he threatened online news site Rappler and the Philippine Daily Inquirer newspaper; he has also made good on those threats. Rappler has had to defend itself from 11 complaints and court cases meant to intimidate and silence it, even as its reporters are prevented from covering public events in which Mr. Duterte is present. The regime’s keyboard army of trolls and its print media hacks also demonize the Inquirer at every opportunity.

The threatened and impending shutdown of ABS-CBN is part of the same assault aimed at intimidating not only the critical press, but also anyone and anything else that takes seriously the democratic need to monitor and hold government to account.

But because he has not placed the entire Philippines under martial law as Ferdinand Marcos did in 1972, there is the mistaken belief that Mr. Duterte’s rule is not as oppressive as that of his idol and mentor. His implementation of what amounts to de facto martial rule without the benefit of a declaration has lulled the citizenry into the mistaken belief that he won’t go as far.

It explains why much of the news media, including ABS-CBN, seem unable to understand the urgency of bringing the issue to the public’s attention as a threat not only to the entire press but also to free expression and the plurality of voices democracy needs to survive. Make no mistake about it: Mr. Duterte and his accomplices are as focused on silencing anyone and anything with any glimmer of independent thought as the Marcos terror regime was.

 

Luis V. Teodoro is on Facebook and Twitter (@luisteodoro).

www.luisteodoro.com

Insights on child protection

French philosopher Albert Camus once wrote, “Perhaps we cannot prevent this world from being a world in which children are tortured. But we can reduce the number of tortured children.”

The world is undergoing tumultuous upheavals and destructive wars. The first victims of conflict, poverty, disease, and natural calamities are the innocent children and vulnerable adolescents who are constantly exposed to hazardous conditions and evil elements.

The recent Ako Para Sa Bata International Conference (presented by Child Protection Network, UNICEF, and the Consuelo Zobel Alger Foundation) had an overflow crowd of 2,700 participants. The invocation was a prayer song by the kids of Virlanie Foundation. An excerpt was particularly inspiring.

In omnibus amare et servire Domino.” “In everything, love and serve the Lord,” Secretary Rolando Joselito Bautista of the Department of Social Welfare and Development (DSWD) explained in the introduction of his insightful speech. He spoke about the young people who are considered “the most valuable resource of a country.”

As a baby boomer, he described his average working-class family background. Life was tough but he had simple childhood pleasures that were so different from the high-tech cyber needs of the millennials, and generations Y and Z.

“There was personal communication in the family, with friends, neighbors, teachers, religious and members of the community. Storytelling and games were transformed by us to cater to our imagination… Tablets, iPads, cellular phones, and electric gadgets were solely for the rich. Social media and ‘public spaces’ were unheard of. Ours was a world fueled by the figment of our imagination and the use of all our senses.

“Today’s families rely heavily on technology. To get them through almost everything, including taking the place of… the human touch — where love, care, concern were seen and felt in person-to-person interactions and forms of personal communication — handwritten letters, singing telegrams, slum books…

“What I do know from being a parent, a soldier (a retired General), and have learned on the job as head of a government agency is that teens need a solid framework of genuine empathy, love and support, patience and understanding, from family, peers, and the community in order to protect themselves from risks and their unfavorable effects.

“Teenagers are a unique subset of individuals who possess unique challenges during their awkward period of growth and development marked by hormonal changes, social and parental pressure; external and internal difficulties; the world of puberty; school and work problems; gender problems; feeling of being misunderstood, with a longing for parental validation of their feelings and thoughts; stress; bullying; depression and anxiety; cyber addiction; drinking; smoking, disobedient behavior; peer pressure and competition; sexual exploitation; problems… malnutrition and racial discrimination; ethnicity and poverty.”

He said that we should show and genuinely make the teens feel our empathy. We should change our expectations, be positive by focusing on their strengths, interests, abilities, and achievements.

He observed that teens today consider cellular phones and tablets as “an extension of themselves, and social media is an integral part of teenage life… Technology, though necessary in this day and age, has shown us that anything that is over-indulged can be a problem.”

Fake news on social media makes teenagers susceptible to disinformation. They can become victims of online sexual exploitation, cyberviolence, online bullying, and human trafficking.

UNICEF’s National Baseline survey on violence against children revealed that cyber violence has affected half of children aged 13 to 17. One third of cyber violence was in the form of verbal abuse over the Internet or cellular phone, and sexual messages.

The DSWD provides social protection, and promotes the rights and welfare of the poor, marginalized, vulnerable, and disadvantaged individuals, families, and communities. He cited the Pantawid Pamilyang Pilipino, the Cash Transfer Program of the government that emphasizes health care, education, youth development, parental education and livelihood talks that address issues across generations. So far, there have been more that 6.3 million youth beneficiaries enrolled in schools, colleges and universities.

As the “4Ps” is put into law, there will be an increase of financial assistance to beneficiaries of the program.

The DSWD assists street children and Children in Conflict with the Law (CICL), a restorative justice system with the Juvenile and Justice Welfare Act of 2006 which engages the family and community of the child’s rehabilitation and reintegration.

Human trafficking victims and abused women and children have access to economic and psychosocial shelters, livelihood assistance, counselling, temporary shelter, and treatment at the residential facilities.

The Commission on Population and Development (POPCOM) raised concerns about teenage pregnancy. There are 500 teenaged girls who give birth daily. There are 196,000 teenaged girls who get pregnant yearly.

“Working together with the Child Protection Network and UNICEF will close the gaps in the implementation of our government’s policies and programs.

“Parents mentor, elders, will always be seen by teenagers schooled in traditional Filipino values, as authoritative figures in their lives… want to gain independence. It would be good for us to set reasonable limits; allow them to spread their wings, at the same time being nearby when the first sign of trouble beckons… staying ready to jump in… lend a hand when stressful events come around. These teens will be able to develop the confidence and resilience that they need to get over this speed bump!

“A complementary whole-of-the-nation and whole-of-society approach will be the key to harnessing the full potential of the youth of the country,” Secretary Bautista emphasized.

At Christmas time, we say a prayer for peace in our hearts, our families, the community, the country and the world. We have special wishes for the safety, security and development of children and the adolescents.

A Blessed Christmas to all!

 

Maria Victoria Rufino is an artist, writer and businesswoman. She is president and executive producer of Maverick Productions.

mavrufino@gmail.com

The appetite for risk

By Tony Samson

INVESTMENT OPTIONS vary depending on the risk one is willing to assume. Investment advisers want to know their client’s investment philosophy to evaluate risk appetite. If the goal is just to conserve capital and perhaps get a modest return for income enhancement, the portfolio recommendation will favor fixed-income bonds, defensive dividend-paying stocks, or even time deposit.

Investments can be likened to a culinary adventure. Are you the type to order the same dish because of its familiarity, even when traveling abroad? Do you play it safe with the familiar? Or do you take chances with the native cuisine and sample deep-fried grasshoppers (listed in the menu as “land shrimps”)? Your preference is all about your appetite for adventure… and risk.

If the risk appetite is hearty (there are carnivores as well as vegans) the mix may go for small-cap stocks that have both high upside potential as well as downside risks. Here are some things to consider with risks.

Cash is not entirely risk free. There is a mistaken belief that cash is the safest form of investment. This conviction disregards inflation and the effect of currency depreciation. Cash is seldom kept under the pillow, as this will make it too lumpy to allow sleep. Still, interest from even a special deposit account may not cover the twin effects of inflation and foreign exchange risk. So, “parked cash” can also be dented by careless valet attendants.

Opportunity cost needs to be considered. Keeping investments in one form necessarily means giving up yields of alternatives. Especially if the present cash hoard is the result of liquidating a position in equities by taking profits or limiting losses, waiting in the sidelines entails an opportunity cost. It may mean giving up potential gains from a stock price rally. This opportunity cost consists of foregone profits.

Risk and reward go together. Even the most conservative investor does not keep all her assets in cash. Part is invested in real property, as in the house or condo she lives in. It’s possible to spread the risk, and perhaps allocate a portion to riskier equities. To cushion the risk impact, it is possible to acquire only dividend-paying stocks. A dividend track record makes a stock more attractive, especially if it is also tagged along in a rally.

Stock picking can be delegated. It is always helpful to track personal portfolio picking, especially the crucial matter of timing when to buy or sell, against professionally run funds with research teams tracking corporate performance or even algorithms that buy and sell according to certain parameters.

Even after a balanced mix of risks, there is the option of using borrowed funds for investing. The use of margins or loans to buy stocks can exacerbate steep declines in value. It is possible to lose more than the investable funds. Margin calls and redemptions of panicky mutual fund investors can accelerate the selling pressure on the market and accelerate corrections.

Dips in the composite index price are often considered temporary and perceived as a window of buying opportunities.

Is it time to raise the bet and go “all in” in a correction, or should one simply fold his cards and wait for a better hand? Is the drop in prices a time to jump in; or a fire alarm to head for the exits? Is buying cheap now a way of averaging down or simply a case of catching a falling knife?

Funds for investment should not include those intended for such things as rent or amortization, groceries, or tuition fees for the kids. What about the savings for a Mediterranean cruise or the purchase of a third car — can these be considered investable funds? This compartmentalization of cash is called “mental accounting” by behavioral economists such as Richard Thaler. This approach is useful in understanding savings and investments.

Not all risk assessments have to do with economic events. Political risk can come unexpectedly, out of the blue. Suddenly someone rants about certain private companies making too much money and making people suffer. The affected stocks swoon, as the banks get jittery about long-term loan repayment prospects.

Rhetoric, especially from a certain political source, plays a role in changing the investment climate. When a specific name is mentioned in a speech and not in a positive way, say the designation as national artist or most outstanding investor in the economy, the ripples can rock small boats.

The risk of being mentioned negatively in a speech, no matter how obscure the venue, can make anyone lose his appetite… even for food.

 

Tony Samson is Chairman and CEO, TOUCH xda.

ar.samson@yahoo.com

Why didn’t Republicans try harder to defend Trump?

By Jonathan Bernstein

THE HOUSE of Representatives has just impeached a United States president for the third time. I’ve talked about the politics of it before and will do so again as the action moves to the Senate. For now, I’ll stick with the substance of what happened on Wednesday.

Democrats brought a straightforward case to the House floor: In a phone call, President Donald Trump pressured Ukraine’s president to do things for Trump’s private political benefit, an appeal that was part of a longer-term strategy that included publicly asking Ukraine and China to investigate his political rival. The case rested on the testimony of a number of witnesses and various documents and other evidence. The president’s plan was upended only when it was discovered.

The Democrats on Wednesday also indulged in verbiage about how solemn and important the occasion was, and spent hardly any time on the second article of impeachment, the one about obstruction of Congress. But throughout the process, from the Intelligence Committee’s work to the Judiciary Committee’s deliberation and then to the vote on the House floor, they made a simple and compelling case that the president’s actions were sufficiently improper so that impeachment and removal were the only reasonable responses.

By contrast, the Republican case against impeachment was… well, they threw a bunch of stuff against the wall. Their strongest arguments were that Democrats were rushing the process and were willing to impeach a president in a party-line vote after previously speaking against doing so.*

Democrats certainly were rushing things. They said they had to act urgently because Trump and his people were still conspiring to encourage foreign involvement in the 2020 election. That argument, always reasonable, became stronger when Rudy Giuliani, representing the president, traveled to Ukraine in the last several days and came back with new smears against former Vice-President Joe Biden. The Democrats also pointed out that Trump has continued to claim that his phone conversation with Volodymyr Zelensky was “perfect,” implying that he would do exactly the same again.

As for the Republicans’ point that the House majority was conducting a partisan impeachment, with no Republicans except for the Republican-turned-independent Justin Amash of Michigan voting “yes” on either of the two articles, they are correct that it is hardly ideal. Yet their position that Trump’s actions were blameless left Democrats with little choice.

Republicans have not argued for a lesser reaction, such as a censure. They have not joined Democrats in pressing the White House to cooperate with legitimate oversight investigations, including this one.

Nor have they urged the president to reform himself and his administration, as Republicans did during the Iran-contra scandal in 1986-1987. Back then, the GOP members of Congress rallied around President Ronald Reagan only after he took steps to avoid a repetition of the White House wrongdoing and took responsibility for what happened. Democrats who seek a bipartisan response have no partners.

Those two Republican arguments are relatively strong compared with the defense they spent most of their time on during the House session on Wednesday. The bulk of their case was that impeachment must be wrong now because some Democrats have always wanted to impeach Trump — not for anything he has done, they said, but because they hate him.

That point ignored the fact that early in the administration, Democrats were acting in response to specific Trump actions, not on their general dislike for him. If, as Republicans said, Democrats were determined to impeach Trump regardless of the evidence, then it can’t also be true that they didn’t impeach him over the Russia scandal because the evidence didn’t work out for them. If, on the other hand, they were determined to impeach as soon as the facts were on their side? Well, that’s exactly what Congress should be doing.

Republicans also claimed there is no direct evidence and only hearsay for the allegations. But the call record is direct evidence. They repeated a series of out-of-context quotes and flat-out falsehoods while mischaracterizing impeachment itself.

For Republicans, impeachment is a coup, a reversal of the 2016 election, and an insult to Trump’s voters and therefore improper. Republican Whip Steve Scalise even claimed that Democrats were doing this because they hate every Trump voter.

Really? But impeachment isn’t anything like a coup. It does not reverse the 2016 election. And if it was true that impeachment is illegitimate because it insults those who voted for the president, then impeachment followed by Senate conviction wouldn’t exist at all, since it necessarily removes the voters’ choice (even if this particular president was elected without a plurality of the votes, let alone a majority).

We also heard a number of unconvincing procedural objections. Republicans are still protesting the depositions that were originally given in secret, even though the transcripts were released, and most witnesses were later examined in public. Then there is the complaint that the Democrats didn’t call witnesses the GOP minority wanted to hear from. But the White House, not House Democrats, blocked the key witnesses we haven’t heard from. The ones the House Democrats blocked had nothing to do with the case against Trump; they were selected by Republicans to put Joe Biden, Adam Schiff, Nancy Pelosi or anyone except Trump on trial.

So we’re on to the Senate. Even if they feel they don’t have to even bother, perhaps members of Trump’s defense team will try to make some stronger case there.

* They also knocked Democrats for polling about impeachment, but they got the story wrong. Democrats didn’t change what they charged the president with because of polls and focus groups; they changed how they talked about it. That’s perhaps deserving of ridicule, but it’s irrelevant to whether the case Democrats are making is reasonable or not.

 

BLOOMBERG OPINION

Investors will rue their Hong Kong risk appetite

By Jeffrey Goldfarb

HONG KONG — There is relative optimism about Hong Kong reflected in its stock market. That’s hard to reconcile with past and present realities. It also doesn’t bode well for the future.

The city’s benchmark indicator of equities has lagged the S&P 500 Index since violent anti-government protests started in June. Nevertheless, the slide has been less severe than during the Asian financial crisis some two decades ago or the deadly SARS breakout that followed. As of mid-December, the Hang Seng Index was down less than 7% from its July apex. That’s modest when compared with peak-to-trough falls of more than 50% during each of the previous two calamities.

The main Hong Kong index includes more mainland companies than it used to, with such notable additions as Chinese tech titan Tencent. However, more locally skewed indices and stocks — including subway operator MTR, cosmetics retailer Sa Sa International and conglomerate Jardine Matheson — have held up comparatively well through more than six months of turbulence that drove the city into recession.

Clashes are likely to persist. Even under an optimistic scenario laid out by political risk consultancy Control Risks, any de-escalation would be temporary and underlying tensions “would not fully revert to pre-crisis levels.” That’s a bad omen for tourism, shopping and property prices.

The former British colony’s fortunes are also tied to China’s economy, which has been roiled by the volatile trade war being waged between Washington and Beijing. Progress in the negotiations has been slow, and any significant breakthrough looks distant. Under a newly passed law, the United States will now decide each year whether Hong Kong is “sufficiently autonomous” to qualify for special treatment on trade matters.

Any downward turn for buoyant US stocks also would weigh on Hong Kong equities. The cyclically adjusted price-to-earnings ratio developed by economist Robert Shiller, which smooths out the profit for S&P 500 constituents over a decade, has been running at over 30 times. The level was breached only twice before, ahead of the 1929 crash and the dot-com bubble bursting. Likewise, the MSCI Hong Kong Index in late November was trading at a higher multiple of expected earnings than its long-term trend line, according to UBS. Investors will come to rue their risk appetite.

 

REUTERS BREAKINGVIEWS

Barangay Ginebra goes for the finish versus Northport

By Michael Angelo S. Murillo
Senior Reporter

A WIN away from barging back to the finals of the Philippine Basketball Association Governors’ Cup, the Barangay Ginebra San Miguel Kings are out to finish off the Northport Batang Pier in Game Four today of their best-of-five semifinal series.

Went up, 2-1, in their semis joust after their 132-105 victory in Game Three of the series on Wednesday, the Kings look to secure a spot in the finals of the season-ending PBA tournament when they resume play today at 7 p.m. at the Smart Araneta Coliseum.

They, however, acknowledge that while having the upper hand helps, they still have to go out and get it as the Batang Pier would not just give the finals pass without a fight.

“On Friday it’s still going to be 50-50 but it’s nice to get a 2-1 lead. It’s going to be a new day and new game next time,” said the Barangay Ginebra coach Tim Cone after Game Three.

The Kings just blew the game wide open as early as the second quarter with the team clicking from all cylinders, something undermanned Northport could not keep in step with.

Import Justin Brownlee led five Kings in double digits with 41 points, peppering it with 11 rebounds, seven assists, three steals and three blocks.

Japeth Aguilar had 18 points and 10 rebounds with Jeff Chan adding 17 markers, going 3-of-5 from beyond the arc.

Stanley Pringle had 14 points and LA Tenorio 11.

Mr. Cone said their depth showed in said game, something that worked to their advantage over the Batang Pier, who played sans Sol Mercado, Bradwyn Guinto and Kevin Ferrer because of injuries.

“We really weighed them with our depth. Our depth came to the front,” said Mr. Cone, whose team is seeking a third Governors’ Cup title in the last four years.

Trailing in the series and having to play sans key personnel, the Batang Pier know that the odds are against them entering Game Four but reiterated that should not them from going all out and extending their campaign.

“We are playing a good team. We caught them on a bad foot in the first game but for us to win against them we really have to play well and they play really bad. All we can do right now is to play all out. It is tough on us right now but that should not let us down but instead motivate us. Now is not the time to hang our heads,” said Northport big man Christian Standhardinger, who finished Game Three with 20 points and nine rebounds.

Import Michael Qualls paced the Batang Pier in the last game with 32 points and 10 boards.

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