WTF: Money Ban

The seasonal dictatorship that is the Commission on Elections (Comelec) has imposed a ban on cash withdrawals if more than P100,000 from banks and other financial institutions. They are also banning possession, transportation, and carrying of more than P500,000.

And for what? For its detrimental impact on trade and commerce what do you get in return? There may be a money ban but you can bet there will still the same vote buying. There’s a gun ban but many, even more than normal, are killed during the election period. There’s a liquor ban but people still choose the wrong candidates.