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What does the government do about the food prices?
`Two days ago I found these 2 articles in the newspaper (4/22 Star). "PASG seizes P150-M 'hot' seafood, meat products." (this was frozen fish and NOT double dead baboys). The other article is "BOC bars shipments until oil firm pays P2.7-B fines". To me this says that the much needed food and oil are not getting in the country thanks to the government. What's your take on this?
More: I agree about the oil, Looking -but the seafood was not in competition with the local fish... It was frozen shark fins and some other fish (sorry I threw the paper away now); besides, I live just off Mt. Sungay and can have a view of the big fish pen which is now the Taal lake.
And yes Anabelle, they could do something with the food, like use it for food in schools. BTW, I'm beginning to think I'll never catch up with you point-wise :-(
2 Answers
- annabelle pLv 71 decade agoFavorite Answer
If Arroyo is to be believed, she promised her government will help resolve the food crisis in the country, including monitoring the prices of commodities. Look at what she came up with...cheap pan de sal on weekends. How about the rest of the days of the week when people are on the rush to get to work on time and only have time for a hot pan de sal and coffee?
To comment on both articles, where did the "confiscated" goods went to? Well, the government could have made money (and met the increasing demand) by selling those seized products at cheaper price to the public. Oil shipments could have been allowed to enter the country. Then the government could have sat down with the oil suppliers to work out a timetable for payment of those fines agreeable to them both so that supply of oil will not be jeopardized.
- 1 decade ago
PASG siezed the HOT Tuna since it was smuggled, and did not go through the proper channels.
Customs on the other hand is playing tough cop, so that the oil company pay their dues.
If the HOT meat is allowed to enter the Philippine market, it would lower the prices of fish, specially TILAPIA and Bangus, which in the long run ruins the longetivity of the fish pond owners since they would not be able to recover their capital for the period that the fish prices are artificially LOW.
Oil on the other hand is being used to strong arm the oil company to pay up.
For these two items, I would agree with the action of PASG in siezing the HOT seafood meat, inorder for the local fish industry to survive and thrive. On what the PASG will do with the siezed meat is another story. With possible legal means, the fish if still edible by the time the question is acted on, can be SOLD cheaply to the folks buying the NFA rice. You get your fish with your rice. But definitely the fish meat should not just be spoiled or burned, as this is food and we have folks going hungry.
For OIL, I would tend to not agree on the shipment being barred. Maybe the OIL company can be fined, an d the fees collected from the current shipmen. Just like how Banks cashes in on the collaterals of a loan when the loan payment gets due. It is like a much needed medicine is stopped from being given to a patient, just because the patient cannot pay the hospital. In this case it is the whole population who needs the oil that suffers and the supply of oil in the local market lowers, creating an artificial price increase.
