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
What Did You Expect? (film) What Did You Expect? (film) What Did You Expect?, which made its film festival debut in June, 2012, is a live concert documentary capturing the Archers of Loaf reunion tour, directed by Gorman Bechard. Indie rock icons the Archers of Loaf reunited in 2011, and during the course of their reunion tour played two legendary concerts at Cat's Cradle in Chapel Hill, NC. Combining in-your-face concert footage along with rare interviews of the band, this film by director Gorman Bechard documents those concerts, and captures the excitement and explosive energy of what its like to see this extraordinary band perform