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2014 Pres. Aquino State ofThe Nation Address

We really need to abolish the 60/40 equity restrictions from the 1987 Constitution against foreign individuals or corporations who wishes to set-up their businesses anywhere in the country and allow them to invest 100% from their own capital and own it what they invested in order to lure more foreign investors to invest and stay in our country that will provide jobs to millions of unemployed Filipinos at home as much as possible without constitutional barriers. Those who would like to say that if we allow foreigners to own 100% of businesses they invested or owning a piece of land, we will become foreigners in our own land is just a fear mongering tactic by coward oligarchs, freeloading leftists and ultra nationalists elements in our country.

For to do that, you will need another people power to get rid of Philippine cartel and those corrupt Political powerhouse in charge
 

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