The Freedom from Debt Coalition (FDC) joins the growing public clamor for the government to take decisive action on the passage of the Freedom of Information (FOI) Bill in the 15th Congress. FDC believes that an FOI Law is a key to freedom from debt and to economic and social justice.

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The Freedom from Debt Coalition today urged the Senate to summon outgoing Transportation and Communications Secretary Mar Roxas and officials of the Department of Finance and the North Luzon Railways Corporation (NLRC) to explain in full the details of the renegotiation with Chinese officials on the highly irregular Northrail Project.

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As the nation remembers today the declaration of  Martial Law and the imposition of the Marcos fascist dictatorship 40 years ago — we recall  not only the crimes and abuses, but the valiant struggles of our people to end the  tyrannical regime.

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SHOW OFF. Members of Freedom from Debt Coalition trooped to the Bangko Sentral ng Pilipinas building in Quezon City to protest the Philippine government’s decision to extend a US$1-billion loan to the International Monetary Fund (IMF) for the "containment of the Eurozone crisis." According to FDC, the decision is just a "show off" on the part of a country "very much in debt."

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To assist other countries and peoples in need is at the heart of global human solidarity and sound international relations. Helping thy neighbors, our kapwa, is also a deep-seated Filipino trait. The big question, however, to us in the Freedom from Debt Coalition (FDC) is:   But why go through the IMF? Considering the IMF's track-record, can it really help the bankrupt economies and distressed peoples of the Eurozone get out of the financial and economic rut they are in?

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