Exposing The Marcoses: This post from a Facebook page seems to be discussing several topics, mainly focusing on the understanding of taxes, particularly Estate Tax and Property Tax, and the issue of Ferdinand “Bongbong” Marcos Jr. (BBM) paying the Estate Taxes of his father, Marcos Sr.

 Image Source: I don't like the idea of censoring... - The Imperial Patriarch | Facebook

 

First of all, the admin of The Imperial Patriarch is utterly stupid.  He may be skilled at using the English language to present himself as informed on significant societal issues, but if you do some in-depth study, you'll see how shallow his claims are.

 

The statement he provided is partially correct and partially incorrect. Here’s a breakdown:

 

 

Let's answer his cries.
1. “3 days after forcing herself into the presidency, Cory immediately and arbitrarily (like an absolute dictator) declared Marcos Sr. had ill-gotten wealth."
- This is not entirely accurate. Corazon Aquino did create the Presidential Commission on Good Government (PCGG) to recover the wealth believed to have been amassed by the Marcoses. However, this was not done arbitrarily but was based on the significant discrepancy between the Marcos family’s known lawful income and their actual assets.
The wealth “believed to have been amassed by the Marcoses” refers to the assets that the Marcos family, a political family in the Philippines, is alleged to have acquired illicitly during the presidency of Ferdinand Marcos from 1965 to 1986. The Presidential Commission on Good Government (PCGG) estimated that the Marcoses amassed up to $10 billion in ill-gotten wealth during the two-decade Marcos presidency. However, some estimates suggest that the amount could be as high as $30 billion. This wealth includes real estate assets both within the Philippines and in several other countries, notably the United States; collections of jewelry and artwork; shares and other financial instruments; bank accounts, both in the Philippines and overseas, notably Switzerland, the United States, Singapore, and the British Virgin Islands. The Supreme Court of the Philippines has ruled in favor of the government in several cases, forfeiting some of the Marcoses’ wealth. These rulings forfeited in favor of the Philippine government at least US$658 million in Swiss deposits, more than US$3 million in assets and funds of their alleged dummy company Arelma SA, and a jewelry collection worth more than US$100,000. However, the process of recovering this wealth is still ongoing and has faced numerous challenges. It’s a complex issue that continues to impact Philippine society and politics.

2. “Walang trial naganap. Walang investigation."

- This is incorrect. The PCGG was tasked with conducting investigations to recover all ill-gotten wealth accumulated by former President Ferdinand E. Marcos, his immediate family, relatives, subordinates, and close associates. The order was based on the findings of various investigations and reports that documented the plunder and corruption of the Marcos regime. The PCGG has recovered over $4 billion worth of ill-gotten wealth from the Marcoses and their associates since 1986.

3. "Basically, when E.O. 1 came out, it translates to: ‘Merong ill-gotten wealth ang mga Marcos, and we need to recover them quick! ’ ‘How do you know na ill-gotten? ’ ‘We don’t. We still have to find out."

- This is a simplification of the process. Executive Order No. 1 established the PCGG and tasked it with investigating and recovering ill-gotten wealth. The order did not assume guilt but set up a process for investigation. There were trials and investigations that took place to prove that Marcos had ill-gotten wealth. The PCGG filed hundreds of civil and criminal cases against the Marcoses and their cronies in local and foreign courts. Some of these cases are still pending or under appeal. The Supreme Court of the Philippines has affirmed several decisions that favored the PCGG in recovering ill-gotten wealth from the Marcoses and their cronies.

4. “They’re only banking on this one because there were no Marcoses left in the country on February 26 when they were tricked by US President Reagan into flying to Guam instead of their hometown in Laoag, Ilocos Norte."

- The departure of the Marcos family from the Philippines did not preclude investigations or legal proceedings from taking place. The Marcoses were not tricked by US President Reagan into flying to Guam instead of their hometown in Laoag, Ilocos Norte. They fled to Hawaii on February 25, 1986, after Marcos realized that he had lost control of the military and the government. They were escorted by US forces as part of a deal brokered by US Senator Paul Laxalt, who advised Marcos to “cut and cut cleanly” to avoid further bloodshed. They stopped over in Guam for refueling and medical check-up before proceeding to Hawaii, where they lived in exile until Marcos died in 1989.

In conclusion, while there are elements of truth in the statement, it also contains inaccuracies and oversimplifications.

I always say that opinion is not equal to fact. The Imperial Patriarch only posts his bullshit opinion, and his followers take his bullshit opinion as fact.

It’s important to rely on credible sources and verified information when discussing such complex historical events.