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...counterfeiters' tale struck a chord with many treasure-mad Filipinos. Newspaper classifieds routinely advertise the services of psychic fortune hunters, and the four governments since Ferdinand Marcos' regime have embarked on searches for Japanese war loot?reportedly worth billions of dollars in gold and jewels?that was allegedly buried somewhere in the archipelago when General Yamashita Tomoyuki's forces retreated before the Allied invasion in 1945. The "primitive" tribes of Mindanao are often the first to capitalize on this gullibility. Says General Ruben Cabignati, regional military commander based in the town of Cagayan de Oro in Mindanao: "I know...

Author: /time Magazine | Title: Buried Treasuries | 3/4/2001 | See Source »

...manifestation of democracy's soul. How can they be wrong? They are the people. And the people, after all, are democracy. What transpired last week in Manila had all the makings of democracy on the hoof: protesters, rousing speeches, People Power - just like the glorious revolution that ousted dictator Ferdinand Marcos so dramatically, and virtually bloodlessly, nearly 15 years ago. The emotion of the moment carried the day, and one felt cynical questioning the motives of the people or the alleged corruption of departed President Joseph Estrada. But what actually happened behind the scenes to bring about People Power...

Author: /time Magazine | Title: People Power Redux | 1/29/2001 | See Source »

...first people power revolution in 1986, and it was truly glorious. The Filipinos who massed on Epifanio de los Santos Ave, or EDSA, were genuinely brave, far more than the crowds gathered last week on the same highway. Ferdinand Marcos was a tough character, and he had a military machine behind him. Who would have thought a group of nuns could vanquish...

Author: /time Magazine | Title: Oops, We Did It Again | 1/29/2001 | See Source »

Following a series of events that were almost as fantastical as the original revolution that toppled Ferdinand Marcos in 1986, the Philippines was poised to make its fourth transition of power. By Saturday, Estrada, fighting a corruption scandal and a rancorous Senate impeachment trial, had resigned. He appeared to have the votes to survive the Senate action, but the Philippine people had seen enough. They took to the streets peacefully last week, and by week's end Estrada's 2 1/2-year rule was finished and his archrival, Vice President Gloria Macapagal-Arroyo, was sworn...

Author: /time Magazine | Title: Another Thrilla In Manila | 1/29/2001 | See Source »

...final act of Estrada's tenure bore a striking resemblance to the "People's Power" revolution that had toppled the erstwhile dictator Ferdinand Marcos some 15 years earlier, but it was also different in many respects. The cast of characters was the same in many respects, with the likes of former President Cory Aquino and Cardinal Jaime Sin, the spiritual leader of the Philippines' large Catholic community, joining the protesters. But this time the military had little truck with the man in power, while the country's impoverished majority reacted with mixed feelings - they had been the support base that...

Author: /time Magazine | Title: Philippines Repeats a Cycle | 1/19/2001 | See Source »

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