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Friday, September 4, 2009

Winnie Monsod Grills Mikey Arroyo | The fastest way to become rich is to become a Congressman

I've heard this quote before from a former colleague: "The fastest way to become rich is to become a Congressman". I think what she had said was very true considering lots of reports about these politicians "unexpectedly" become very very wealthy while in office.

Well, Mareng Winnie definitely trapped Mikey Arroyo here. Watch the video:


Congressman Mikey is so dumb here especially when he said that a large portion of his wealth came from wedding gifts and campaign donations.
"Alam niyo nung kinasal tayo nuon, medyo nagkaroon tayo ng maraming regalo. Tapos pag kampanya, siyempre kahit papaano marami ding tumutulong sa atin. Hindi naman sa nakaipon, pero siyempre nakakagaan ng kaunti and we had some good investments."

(You know, when I married my wife, we received plenty of gifts. And during campaign periods, we had plenty of donors. Its not that we hoarded donations but these helped lessen our personal expenses and we were able to make good investments.)
If I'm not mistaken, politicians running for office are prohibited to receive any contributions like donations. Sections 94 & 95, Article XI of the Omnibus Election Code states that:

Sec. 94. Definitions. - As used in this Article:

  1. The term "contribution" includes a gift, donation, subscription, loan, advance or deposit of money or anything of value, or a contract, promise or agreement to contribute, whether or not legally enforceable, made for the purpose of influencing the results of the elections but shall not include services rendered without compensation by individuals volunteering a portion or all of their time in behalf of a candidate or political party. It shall also include the use of facilities voluntarily donated by other persons, the money value of which can be assessed based on the rates prevailing in the area.
Sec. 95. Prohibited contributions. - No contribution for purposes of partisan political activity shall be made directly or indirectly by any of the following:

1. Public or private financial institutions: Provided, however, That nothing herein shall prevent the making of any loan to a candidate or political party by any such public or private financial institutions legally in the business of lending money, and that the loan is made in accordance with laws and regulations and in the ordinary course of business;
2. Natural and juridical persons operating a public utility or in possession of or exploiting any natural resources of the nation;
3. Natural and juridical persons who hold contracts or sub-contracts to supply the government or any of its divisions, subdivisions or instrumentalities, with goods or services or to perform construction or other works;
4. Natural and juridical persons who have been granted franchises, incentives, exemptions, allocations or similar privileges or concessions by the government or any of its divisions, subdivisions or instrumentalities, including government-owned or controlled corporations;
5. Natural and juridical persons who, within one year prior to the date of the election, have been granted loans or other accommodations in excess of P100,000 by the government or any of its divisions, subdivisions or instrumentalities including government-owned or controlled corporations;
6. Educational institutions which have received grants of public funds amounting to no less than P100,000.00;
7. Officials or employees in the Civil Service, or members of the Armed Forces of the Philippines; and
8. Foreigners and foreign corporations.

It shall be unlawful for any person to solicit or receive any contribution from any of the persons or entities enumerated herein.

The question now is, who were his campaign donors? Friends?

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