I saw the Meralco stockholders meeting in the evening newscast. As a extremely minor stockholder in some big corporations, I never attended a stockholders meeting trusting that whoever gets elected to the board of directors he/she will lead the company profitably. Weeks before, GSIS President Winston Garcia threatened to buy out the Lopezes from the company. This was apparently with blessings from Her Majesty the Queen. It is not the first time that the King or in our case the Queen has tried to take over a private enterprise. Like Henry VIII who dissolved the Monasteries, Gloria I tried to "dissolve" Meralco by bringing up the spectre of high energy costs. While Henry had his Cromwell, Gloria has her Winston. The only similarities between them is that both royal subalterns are in their faces! But her Winston is no Churchill. In a globalized economy, doing a Ferdinand I on the Lopezes is nigh impossible unless Gloria I declares martial law (which requires Congressional assent...
"It is surely harmful to souls to make it a heresy to believe what is proved" - Galileo