Monopolies in the Philippines (1965–1986) granted PD 1468, which declared the money as private and prevented any government audit. Cojuangco bought San Miguel Corporation (SMC) with the funds from the Coco levy. SMC is one of the oldest and largest beer, food, packaging and livestock conglomerate in the Philippines. President Marcos gave favors to SMC once Cojuangco became its head. Taxes were raised for liquor and cigarettes in January 1986, but excise taxes on beer went down. Beer is one of the main products of SMC, which helped the corporation save as much as $40 million that year. When Marcos was President, he often wrote
Beer, Beer, Beer Beer, Beer, Beer "Beer, Beer, Beer", also titled "An Ode to Charlie Mopps - The Man Who Invented Beer" and "Charlie Mopps", is a folk song originating in the British Isles. The song is often performed as a drinking song and is intended as a tribute to the mythical inventor of beer, Charlie Mopps. It is not known where the song was created. There are numerous theories as to where in the British Isles it originated from. It is often held to have been created in Irish pubs however another theory puts it as being created in the 1800s in