Tuesday, August 11, 2009

What Can You Buy With 1 Million Pesos?

http://img90.imageshack.us/img90/5497/moneeey.jpg
As we all know, our beloved(?) President Gloria Macapagal Arroyo and a few of her entourage went to the United States to visit US President Barrack Obama. Before going back to the Philippines where a lot of Filipinos were mourning the death of Ex-President Corazon Aquino, there she was, splurging like there's no tomorrow -- spending $20,000 US Dollars on just 1 dinner. Converted, this is roughly amounting to 1 million pesos.

http://img44.imageshack.us/img44/2434/arroyolecirquebill.jpg
Theoretical breakdown of the bill -- Arroyo's Dinner at Le Cirque
source: quezon.ph

I would like to start something called, "What can you buy with 1 million pesos?"


Let me contribute some of my ideas:
> According to ABS-CBN news last night, this can buy cup noodles and feed approximately 150,000 people.

> With 1 million pesos, you can let 10 in-need scholars study college and later on, let them work for the government to improve our country.

> With 1 million pesos, you can create a simple soup kitchen where people could line up everyday to ask for a little food. (Then eventually, people would donate to the soup kitchen so this could operate for a longer period of time.)

See the potential of that amount? Now imagine, a President of a 3rd world country, spending one million pesos on one dinner at Le Cirque. How selfish could she be?

Share your ideas! What can you buy with 1 million pesos?

19 comments:

Thanatos10 said...

with 1million i can buy books for elementary students. bags, shoes and pencils and notebooks

Ryan said...

1 Million Pesos = Approx. 7 1/2 years salary of a minimum wage worker

Tin said...

with 1 million, pesos, you can help 165 kids via World Vision for 1 year!!!!!!!

Harold said...

I'd like to see the ACTUAL bill first, not to mention proof of who paid for the thing. Sure, it's a staggering amount of money to spend on one meal, but restos like that do have menus without the price (for people who are getting treated out/dating) so IF it's true that PGMA and friends were getting treated, she may not be aware of the price tag.

We are fond of this "1 million can buy... etc etc etc." But if it wasn't public money, is it a problem?

IF, please take note. I prefer to form an opinion when I'm informed of all/most of the pertinent facts.

Gino said...

Amen to Harold.

Instead of spending idle time on unsupported opinions, let's all focus on making our lives productive with a higher caliber of quality.

Also, our beloved Pilipinas will benefit from that, i betcha.

Anonymous said...

I was really shock to find out that the dinner President and her companions have eaten total to such huge amount. To think that in 1 million pesos it can accomplish a lot of things that can help this country a bit. If I were to have 1 mil pesos, all im thinking are these

In 1 million pesos, I can
1. donate these to the people who have suffered in the typhoons
2. donate books to public schools
3. donate to the kids who are suffering from serious ailments

Actually it is more on donating more than saving for yourself. Imagine how many people would have been happy. I hope the government officials will realize the value of having much yet knowing how to share.

Thanks for sharing!:)

Anonymous said...

with 1 million, I can stuff it all in my pocket rather than spending it in one dinner :p

-dirty politician

Cheftonio said...

Hi Harold,

Thanks for commenting. Anyway, from my point of view, eto lang 2 cents ko.

Wherever the money came from, spending 1 million pesos is not right. Maski sarili mong pera yan.

Katiwala lang tayo ng mga pera natin nakukuha natin and your money is God's property.

That's all :)

Cheftonio

Cheftonio said...

Hi Tin,

Sa totoo, matagal ko na gusto mag-contribute sa World Vision. Too bad til now, hindi ko pa nagagawa.

Cheftonio

Cheftonio said...

Hi Gino,

Nice point.

Blogging is my hobby though so, it's not an idle time :)

I do contribute in my own little ways to help the Philippines make a better place to live in :)

Let's all do that and it's a must, agree?

Cheftonio

Cheftonio said...

Ian,

Madami nga ang mabibigyan ng school supplies with that amount. Lalo na yun mga public schools na kulang sa books.

Cheftonio

Cheftonio said...

Ryan

Some people don't even have 1 million pesos sa bank accounts. It's a big amount of money for a 3rd world country.

Imagine, 7 and 1/2 years spent working just for one dinner?

tsktsk..

Cheftonio

Cheftonio said...

To the first Anonymous,

Yea! Living life is actually living for other people. Not for yourself. Great thought there!

To the 2nd Anonymous,

Yup. I bet that's what the other dirty politicians (here or abroad) think while reading NY Post's article.

Cheftonio

Cheftonio said...

A post from Mistervader:

GMA + BEP + Le Cirque = FTW!

(dance)

Anonymous said...

50 kids cam have i decent meal a day for one year

Cheftonio said...

For 1 million pesos, fifty (50) families can have a sari-sari store business that can earn money enough for their daily needs.

jumpinjack said...

That 1 million pesos can print 15,385 new testament copies.

Reaching 15,385 people is not a joke -- a lot could know Jesus more.

Average cost of Gideons new testament bible is 65 pesos per copy in the US. ($130 USD for 100 copies)

Anonymous said...

passive incomer.

with 1million:

1st. i will apply the law of tighting or the law of giving..20% of 1m will given to god or in he's people who needs help.
like orphanage,churches,poor family etc..

2nd. 40% will be save in bank
for emergency purpose. or educational plan for ur children.
3rd. 30% invest a small business.
make leverage when it grow, 2 gain passive income.
4th. 10% will be given 2 my self..
travel or tour with my family in boracay,subik and some other nice places in the phil..

remember:
money cant buy happiness,
but money can buy things witch can make u and your love ones happy:)

Anonymous said...

maraming mabili na metal detector para sa mga hall of justice para di makakalusot ang mga baril na dala ng mga criminals