Word: aquinos
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...insurrection, which missed its original June deadline and was rescheduled for last week, had all the trappings of a James Bond thriller, including hidden treasure and a scheme to kidnap Philippine President Corazon Aquino. If actually carried out, an invasion could also have been bloody. Marcos, who was deposed in a People Power rebellion in February 1986, planned to buy $18 million worth of Stinger missiles, M-16 rifles, tanks, grenade launchers and enough ammunition to equip 10,000 soldiers for three months...
...Aquino's failure to transform popular backing into political backbone may force her to leave land reform to Congress--or, at best, to effect, a weak compromise position. Indeed, the series of draft Executive Orders released periodically of late indicates that a constantly revised compromise is being toyed with; there are reasons to suspect, though, that ultimately Aquino will forego any issuance...
...reason is that, as a landowner herself, Aquino holds title to nearly 1000 hectares of land at her family's estate, the Hacienda Luisita. She is more than a simple housewife. She is also an heiress of the powerful Cojuangco clan, and as such faces pressure from within her own family to avoid a land reform program that would destroy its livelihood. Indeed, the pressure led her to reject a trial land reform project at the Hacienda Luisita...
Another is the question of political expediency. Like a contestant on "The Price is Right," Aquino must decide whether to keep what she's got, or to go for what's behind door...
...Should Aquino not issue the Executive Order on CARP, the chances for comprehensive agrarian reform seem dim. The majority of newly elected congressmen are landowners themselves, backed by the landowning class. As such they stand even less to gain from agrarian reform than does Aquino herself...