BoholAnalysis

Sometimes, people think make-believe stories are true because they are repetitively told. Okay, GMA was in Bohol sometime middle of this year because she laid (to rest?) the time capsule to signify the start of the airport construction at Panglao. Okay, she and her confreres said that the airport will be funded from the national budget because her government had loan savings equivalent to 2.2 billion, 1 billion of which will be used for the Panglao airport. Okay, Governor Aumentado boasted that the economic internal rate of return of the proposed Panglao airport is 23.6%, by far exceeding NEDA’s required 15%. But were they really serious? Since the time capsule ceremony, for whatever that was worth, nothing else moved in Panglao (thank heavens!), besides the desperate buying and selling of land, brought about by speculation and fear. Some sources said a bulldozer just paved a few meters of earth just so to make the impression that something was going on for GMA’s visit. Interestingly