Summary

Portrait of Ferdinand Marcos Ferdinand Marcos Second State of the Nation Address

It would be insulting to our national dignity to quantify the results in purely material terms. Our friendship with the United States is based on a community of interests, and not on her willingness or capacity to do for us what we must do for ourselves. True, there are obligations on her part, as there are on ours; but these are subject to bargaining and negotiation. Our friendship, since it is founded on our commitment to democracy, is not —and must never be—­negotiable.
Source: Wikisource

Portrait of Ferdinand Marcos Ferdinand Marcos Second State of the Nation Address

Let us glance in passing at the deep abyss from whence we have retrieved ourselves. The nation was in deep economic and moral crisis. The economic and social crisis consisted in a bankrupt government with a raided treasury, debt-ridden government corpo­rations, inefficient agriculture, smuggling, lawlessness, rising prices, declin­ing terms of trade.
The moral crisis consisted in a grave loss of confidence in ourselves and in the government and growing despair over the future of the economy and of the country.
Source: Wikisource

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