Word: estradas
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...being genuine, the general must have been the only person in Manila not imagining a coup last week?and the rumor mill had them coming from all sides. The biggest warning was that uniformed loyalists of Joseph Estrada could be planning an armed comeback for their ousted ex-Commander in Chief, who was holed up in his posh mansion in San Juan, a Manila suburb, reportedly drinking lots of expensive red wine. General Espinosa was supposedly marshalling his forces for a truly petty reason: he was one of the first generals to decide to abandon Estrada two weeks...
...euphoria over People Power II is fading as Filipinos recognize the hazards that accompany a constitutionally challenging change of leaders. Estrada hasn't formally resigned, although the Philippine Supreme Court backed Arroyo's ascension, and is unlikely to rule favorably on any court challenges. A more tricky issue: the 1987 constitution singles out the military as "the protector" of the people, rather than the government, and that role has never been formally challenged...
...took a few canny tricks to win Abdurrahman Wahid the presidency of Indonesia in the first place, but holding onto it now may be beyond even his legendary political skills. At first glance, Wahid's position Tuesday looked remarkably like that of Philippines president Joseph Estrada two weeks ago, just before his ouster in a palace coup: A parliamentary inquiry has concluded that the president was involved in two recent financial scandals, boosting calls both from within the legislature and on Jakarta's rowdy streets for his impeachment...
...time Estrada left office, reportedly headed for exile in Australia, the country was suffering its worst crisis of confidence since the Marcos years, with its banks, stock market, regulatory agencies and legislature all tainted by the revelations disclosed during the impeachment trial. Two days before Estrada was forced to resign, his newly appointed Executive Secretary, Edgardo Angara, a respected former Cabinet Secretary, voiced hope that the crisis atmosphere would "help push through those structural reforms that in normal times are so difficult to do, so that we can prove those people wrong who say democracy can never work...
...move quickly to develop a plan for economic and legal revitalization. The new 53-year-old President has a Ph.D. in economics (she was a schoolmate of Bill Clinton's at Georgetown) and has worked hard to attract new investors. She was already a popular political figure, regularly outpolling Estrada in approval ratings even during his best moments in power. And like George W. Bush, who was sworn in just hours after her, she is the child of a former President: Diosdado Macapagal, who ruled the country from 1962 to 1965. In the past year, however, the Philippine elite...