Bloomberg Discovers Corruption, Ignores US Complicity
The latest headline from Bloomberg Politics spotlights a staggering $2 billion corruption scandal in the Philippines, detailing how flood control funds vanished, leaving the nation vulnerable. It’s a compelling narrative of local elites siphoning off relief, but it’s a familiar pattern—one often nurtured, or at least tolerated, by larger geopolitical players. The report focuses on the immediate
'$2 billion corruption scandal,' yet the deeper historical roots of such systemic graft, frequently endemic in nations with long histories of neo-colonial influence, remain unexamined. While Bloomberg diligently tracks the missing billions, it overlooks the consistent U.S. foreign policy of supporting regimes known for corruption and human rights abuses, provided they serve American strategic
interests. (Think Ferdinand Marcos Sr., whose family ties to current President Bongbong Marcos Jr. are conveniently acknowledged but rarely explored as a systemic legacy). How often does our media connect the dots between billions in foreign aid or military support and the stability of the very kleptocracies they later 'expose'? One might wonder if the concern for vanished funds truly prioritizes
the suffering public, or if it prioritizes 'investors on edge,' as the article delicately puts it.