Word: arroyo
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...showcase nature of Estrada's first days in jail suggest that President Gloria Macapagal Arroyo was trying to send a message to several constituencies. The administration wants the Philippine people to believe it's trying to eradicate endemic corruption. And it wants the international community, particularly those who might invest more money if they didn't have to pay bribes right and left, to believe likewise. The Philippines enjoyed several years of improved economic performance under Estrada's predecessor, Fidel Ramos, only to see it wasted by Estrada's erratic leadership. "This is a signal to the international community that...
...arrest brought thousands of Estrada sympathizers out on the street. Inspired by pervasive pictures of their suffering hero on a too-thin mattress in a too-small cell with malfunctioning air conditioning, demonstrators congregated at the edsa shrine, which commemorates the anti-Marcos People Power revolution of 1986. Arroyo's right-mindedness, in the short term anyway, began to look like a public relations blunder. What's more, it might scare investors away. Two days prior to the arrest, Moody's Investors Service issued a "negative" rating for the Philippines, due to continuing political instability. Following Estrada's detention, both...
...Does President Arroyo have the power to call of the elections...
...some are saying it was such a colossal blunder. But you have to understand that she had 70,000 of the poorest of the poor in the Philippines clamoring at the gates of the palace, and that?s a scary situation. Even those sections of the military opposed to Arroyo didn't properly gauge the extent of support for arrested former president Estrada. They didn't anticipate the size of the demonstrations and respond quickly enough. During the "People Power II" demonstrations that brought down Estrada, the head of the armed forces, General Reyes, saw the writing on the wall...
...possible that the opposition could still try to stir things up in the provincial cities, especially in Mindanao. Because it's such a class-based thing, with the middle and upper classes backing Arroyo while the underclass supports Estrada, there is a real fear that if the poor come out on the streets again - and it really won't take much to get them there, particularly since they clearly sensed their power this week - that there could be widespread looting and chaos...