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
You Might Think You Might Think "You Might Think" is a single by The Cars from their fifth studio album, "Heartbeat City", which came out in 1984. The track was written by Ric Ocasek, and produced by Mutt Lange and the Cars. Ocasek sang lead vocals. The track was the first single to be released from "Heartbeat City". "You Might Think" peaked at No. 7 in the U.S. and No. 8 in Canada. It also peaked at No. 1 on the Mainstream Rock Tracks chart in the U.S., the first song by the band to do so. In the UK, the song reached