Wednesday, January 30, 2013

The US left the Philippine Bases Because they Didn’t Want to Pay Extortion

From a reader: The US did not abandon Clark, Subic or Cubi Point.  The US Gov't refused to pay the extortion fee that the Philippine Congress requested, so the Philippine Congress kicked us out. Now the Koreans own Subic/Cubi Point and you can read weekly about locals dying at work because of the lax safety rules.  This is after FEDEX left the Philippines and headed to China. General Motors wanted to set up a plant in the Philippines to build cars especially for the Asian market. The Philippine Gov't wanted too much extortion money so GM went elsewhere. Disney INC was exploring opening up a park in the Philippines.  Again the extortion money was too much.  They also went elsewhere...

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