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HFCNE 05142011:News Ed.Qxd HAWAII-FILIPINO NEWS PHILIPPINE NEWS MAINLAND NEWS inside look Consulate 6 'Bebeng' Exits 12 Obama's Immigration13 MAY 14, 2011 Announces Special Philippines, Reform Favors Pinoy Tour to the Philippines Leaves 24 Dead Immigrants H AWAII’ S O NLY W EEKLY F ILIPINO - A MERICAN N EWSPAPER FARRINGTON HIGH SCHOOL CELEBRATES 75TH ANNIVERSARY By Dennis GALOLO “Enter to learn; go forth to serve.”—Farrington High School motto uch is the motto that has been impressed upon the hearts and minds of Kalihi’s young men and women during their brief four years at Farrington High SSchool. For over seven decades, careers in public service and in the Emme Tomimbang and successful tens of thousands of students private sector. Its list of notable local entertainer and business- have sat in its classrooms, alumni include State Supreme woman Cha Thompson. The list roamed its halls, donned its Court Associate Justice Simeon goes on and on. sports teams’ maroon and white Acoba, former Hawaii Gov. Ben- Farrington’s athletics teams uniforms and joined its various jamin Cayetano, State Sen. Donna have also been a force in prep ath- clubs and student organizations. Mercado Kim, former NFL star and letics, competing year-in and year- The school’s name has become Superbowl champion Jesse Sapolu, out for championships in football, synonymous with Kalihi, wherein current City prosecuting attorney basketball, wrestling and other residents take great pride in its tri- Keith Kaneshiro, former Honolulu sports. In fact, over Farrington’s il- umphs and also lament its short- police chief Michael Nakamura, lustrious 75 year history, its teams comings. American Idol semi-finalist Jordan have won numerous league, state Numerous Farrington alumni Segundo, former pro baseball and territorial (before statehood) have gone on to enjoy successful player Wally Yonamine, journalist (continued on page 4) Farrington High School Violence Hampers Phl Cachola Named Filipino Economic Progress Entrepreneur of the Year HFC Staff By Paolo ROMERO By alihi medical internist Dr. Erlinda Cachola ANILA (Xinhua) – Violence makes was named the Filipino Chamber of Com- Filipinos poorer and ending it will Kmerce of Hawaii’s 2011 Filipino Entrepre- M greatly improve their lives, the neur of the Year. She was recognized at a World Bank said in its World Development special awards banquet held at the Hale Koa Report 2011 (WDR 2011). The report, which focuses on con- Hotel on April 29, 2011. flict, security and development, said the The Chamber’s prestigious award recog- country's economic growth is being de- nizes business owners who have demonstrated railed by the recurring cycles of political excellence in business and who have made and criminal violence. meritorious contributions to Hawaii’s community. The situation is especially more pro- tative and Director of the WDR 2011, The Entrepreneur of the Year Award is the nounced in Southern Philippines where said on Tuesday. latest in a long line of honors that Dr. Cachola two of the most conflict-affected regions - Roberts said that while much of the (continued on page 5) Dr. Erlinda Cachola - Caraga and Autonomous Region in world has made rapid progress in re- Muslim Mindanao -- are also the country's ducing poverty over the past six HAWAII FILIPINO CHRONICLE PRESORTED 94-356 WAIPAHU DEPOT RD., 2ND FLR. STANDARD poorest. decades, areas characterized by re- U.S. POSTAGE "Violent conflict has exacted a heavy peated cycles of political and criminal vi- WAIPAHU, HI 96797 PAID HONOLULU, HI social and economic cost on the Philip- olence, such as some areas in PERMIT NO. 9661 pines, with over 120,000 people killed Mindanao, are being left far behind. over the last three decades," Nigel Their economic growth, he said, is Roberts, World Bank Special Represen- (continued on page 4) HAWAII FILIPINO CHRONICLE - NEWS EDITION 2 MAY 14, 2011 EDITORIAL Excessive Corporate Bonuses Continue to Outrage Americans; It's Time for Change o matter that the press is on to them. No times than the median wage. matter that politicians strutt the halls of Con- N gress denigrating their immoral excess. No LESSONS TO LEARN matter that middle and working America have fi- The whole scandal of obscene bonuses nally caught on to their shenanigans that have highlights two lessons. caused taxpayers billions in bailout money. In The first is that this practice is not innocuous spite of all this, with no care at what communities as previously thought by most Americans, simply across the country think, Wall Street continue to involving private businesses going about their lavish themselves once again with shockingly merrily way and compensating their workers as high bonuses. they see fit. No! Wall Street's greed affects com- Just last year alone, CEOS at 299 companies munities in the loss of jobs and loss of taxes. The raked in a total of $3.4 BILLION in salary and $3.4 billion in executive bonuses alone could sup- bonuses. The average CEO received $11.4 mil- port over 100,000 jobs with a median wage of just lion in compensation. The number is so as- over $33,000. These unemployed workers must tounding and worth paraphrasing -- imagine one now be a part of the government's social welfare person receiving $11.4 million in one year system, at least temporarily. Additionally, the loss ALONE, for one company. (as opposed to the of taxes via corporate tax breaks these compa- more acceptable personal, private investments) nies claim while paying their executives billions That's just the average. Many executives from comes at a cost to Americans who must pay more these top corporations like Ray Irani of Occiden- in taxes. To add salt to injury, when corporations tial Petroleum Corp. took in $76.1 million in compensation for just 2010. are "deemed" too big to fail, they're also guaranteed that government and In the span of only 10 years, he received $857 million. All this for one taxpayers will bail their companies out of the mess (which by the way is ac- person at one company, as oil companies decry the high cost of crude tually free, premium-less, insurance, unlike how Americans must pay in- oil and justify raising the price of gasoline. surance for practically everything: medical, home, liability, work injury, In another example, remember that General Electric (GE) posted business, automobile, etc.) profits of $14.2 billion, but paid zero taxes and claimed $3.2 billion in The second lesson Americans should be aware of is that morality must tax credit. The second half of this outrage continues. GE's CEO Jeff Im- be injected into our capitalist system. Without morality, the system will melt (who also serves as President Barrack Obama's "jobs" czar) took eventually collapse to greed. How to inculcate morality in capitalistic prac- in $21,428,765 in total compensation for only 2010. The fact that Pres- tice is difficult in that big corporations have proven self-monitoring does- ident Obama selected Immelt as the country's "jobs" czar is beyond ab- n't work; and at the same time, big government should not be big surdity considering that Immelt's salary probably cost thousands upon corporations' policeman, either. The answer is that we as a society must thousands of job losses to GE alone, all the while, the government strug- be mindful to change our culture of greed. In our own families, we must gles to pay for these workers temporary unemployment and GE claims discuss with family members limitations of greed and correct conduct. In- millions in tax credits and not pay even a dime in taxes. Now if Amer- stead of supporting movies and music that glorify riches, let's be smarter icans believe corruption is a phenomenon afflicting only third world coun- consumers and support artists and entertainers whose work educate us tries, think again. Government and big corporations in the first world take and inspire us to be better people. Most importantly, we must replace corruption to a new level, one that is deemed legal and pushed down greed with a greater value for community, brotherhood, and sisterhood. If upon the populace through propaganda. we are able to make this fundamental change, the ripples of cause and ef- Total executive compensation went up 23 percent and set an- fect we are feeling today would not be one of scarcity, injustice and anger, other record-breaking year. The average CEO compensation is 343 but be of abundance, justice and harmony. HAWAII-PHILIPPINE NEWS EDITION www.thefilipinochronicle.com | www.efilipinochronicle.com Contributing Writers Advertising/Marketing Director Columnists Belinda Aquino, Ph.D., Clement Bautista, Chona A. Montesines-Sonido Charlie Y. SONIDO, M.D. Teresita Bernales, Ed.D., Linda Dela Cruz, Gov. Neil Abercrombie Publisher and Executive Editor Carlota Ader Fiedes Doctor, Danny de Gracia II, M.A., Amelia Account Executives Carlo Cadiz, M.D. Jacang, M.D., Caroline Julian, Maita Millalos, Carlota Ader Chona A. Mayor Peter Carlisle Paul Melvin Palalay, M.D., Glenn Wakai J. P. Orias Sen. Will Espero MONTESINES-SONIDO Creative Designer Grace F. Fong, Ed.D. Publisher and Managing Editor Junggoi Peralta Big Island Distributor Ruth Elynia Mabanglo, Ph.D. Grace Larson Dennis GALOLO J. P. Orias Philippine Correspondent Ditas Udani Pacita Saludes Gregory Bren Garcia Edwin QUINABO Reuben S. Seguritan, Esq. Maui Distributor Charlie Sonido, M.D. Photographer Associate Editors Cecile Piros Emmanuel S. Tipon,Esq. Tim Llena Randall SHIROMA Felino S. Tubera Amado Yoro Administrative Assistant Molokai Distributor Design Consultant Sylvia Yuen, Ph.D. Shalimar Pagulayan Maria Watanabe The Hawaii Filipino Chronicle is published weekly by the Hawaii Filipino Chronicle Inc. It is mailed directly to subscribers and distributed at various outlets around Oahu and the neighbor islands.
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