CADIWA is an organization of displaced workers, meaning, workers affected by the Global Financial Crisis. They are those that are re-trenched from work and those subjected to rotation and flexible schedule. Objective of this organization is to pool all affected workers for the government to recognize them and institute relief for the workers' daily needs.
Facts first, the GFC came from the wealthiest nation, which is the USA. It was translated to other countries because the US has business to almost all of them. The worst affected are those belonging to the third world like the Philippines. The GFC causes businesses to reduce operations, if they can afford not to close down. The effect of this to workers is reduced capacity to buy, because less income will be less expenses. The workers, which are also the consumers, will have little amount to buy goods, which in turn will affect production of factories, and so on and so forth. So the cycle will definitely affect the whole market-based Philippine economy. Even if the whole world will rebound from this financial slump, it will happen again in the near future because that's how capitalism works. History will tell how many financial breakdown the world has experienced (The Great Depression of the 1930's, The Asian Financial Crisis of th 90's, etc).
CADIWA urges the government to help those affected by the GFC just like what the US did during the 1930's (Unemployment Insurance), and partly what Pres Obama have in his $787 B Stimulus Package. They have all the resources and logistics to do this, if only they'll open their eyes to the plight of the masses, and not be engrossed in converting the Chambers into a ConAss for Con-Con, to save GMA's ass, not just her breasts.
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