Ernesto Maceda asks, "Who's to blame now?"

From Manong Maceda's column:

When GMA led the move to remove President Estrada from office, among the many things she blamed on Erap was the deteriorating dollar exchange rate which reached a high of P55.49 to $1 at the time. She in effect declared that if you put her in office, the exchange rate would improve and go down.

Now the exchange rate is at an all time high at P56.45-$1 going in the direction of P57.50-$1 in the near term.

Who's to blame now? Who borrowed more money than three previous Presidents combined? Who overspent and splurged government funds?

Good questions.