- Reclaimed a 400-acre fish pond in Cebu City
- Constructed toll bridge connecting the city proper to the reclaimed land
SENATORIAL CANDIDATE
◯
28. FALCONE, BALDOMERO
DEMOCRATIC PARTY OF THE PHILIPPINES
Baldomero Falcone, 77, is an entrepreneur and consultant, specializing in securitization. Most of his work has been dedicated to land reclamation for Cebu, finding employment for retired Filipino officers and relocation efforts for squatter residents.
This is Falcone’s second electoral race. He vied for the Senate in 2013 but lost after garnering 665,845 votes. He also ran for vice president in the 2010 elections but was disqualified by the Commission on Elections due to his lack of a political track record for such high office.
In 2013, Falcone promised solutions for poverty through a reformative use of pork barrel funds, both to provide credit to ordinary Filipinos without requiring land titles as collateral and to eliminate political dynasties. As of this writing, he has yet to release his 2022 campaign platform.
Platform and Policy
The candidate's top priorities if elected to office, tracked against previous promises and accomplishments, if any
Select a policy profile below to view more details
Electoral reform
Restructure use of government funds
Related Policy Proposal:
Previous Platform:
In his 2013 campaign, he wanted to:
In his 2013 campaign, he wanted to:
- Allow the rich and poor equal chances to run for public posts and win
- Eliminate pork barrel to eradicate political dynasties, claiming that familial politics are generated and sustained by pork barrel funds
Track Record / Accomplishment; Date:
Deviation from Previous Platform:
Related Policy Proposal:
Previous Platform:
In his 2013 campaign, he wanted to eliminate the priority development assistance fund or pork barrel fund for legislators by redirecting them to securities. Interests would be lent out as equity capital for housing projects and economic help to the poor
In his 2013 campaign, he wanted to eliminate the priority development assistance fund or pork barrel fund for legislators by redirecting them to securities. Interests would be lent out as equity capital for housing projects and economic help to the poor
Track Record / Accomplishment; Date:
Deviation from Previous Platform:
Major Accomplishments
The candidate's top five accomplishments and contributions for the last 15 years or so
Private Sector
Falcone has remained in business and consultancy.
Reclamation project
Read More
Reclaiming land in Cebu on behalf of a private firm.
Position/Date
President of Millennium Industrial Commercial Corporation, at least in 2013
President of Millennium Industrial Commercial Corporation, at least in 2013
Status
Business management
Read More
Provide foreign assignments to retired officers
Position/Date
Vice President of Global Interphase Security Services Provider, Inc., at least in 2013
Vice President of Global Interphase Security Services Provider, Inc., at least in 2013
Status
Foundation for job and housing assistance
Read More
Provide jobs and low-cost housing to city squatter residents
Position/Date
Executive Director of Sagip Bansa Filipinas Foundation, at least in 2013
Executive Director of Sagip Bansa Filipinas Foundation, at least in 2013
Status
Writing
Read More
Author of the book, “Christian Economics: The Philippines’ Developmental Ideology” (1984)
Position/Date
Status
Actions and/or Proceedings
Actions and/or proceedings pending against or resolved in courts or tribunals involving the candidate, based on publicly available information
Resolved Actions and/or Proceedings
| Subject Matter | Relevant Dates | Accrued Liability | Status |
|---|---|---|---|
|
Disqualification
Falcone was disqualified by the Commission on Elections from the 2010 election due to absence of political track record for such high office |
2010 | Disqualified from running in the 2010 vice presidential election and not included in the final list of candidates | Resolved |
Statement of Assets, Liabilities and Net Worth
Also known as SALN, this document is a declaration of one's personal finances. Philippine Law requires the SALN to be submitted by all public officials and employees to the Ombudsman. Public officials and employees may opt to voluntarily disclose their SALN to the public.
Since he has not held an official government position, Falcone is not required to disclose his Statement of Assets Liabilities and Net Worth per the latest rules set by the Civil Service Commission. However, during his campaign for the 2013 election, he disclosed that his assets amounted to P1 million.
Campaign Details
Key details about the candidate's campaign
Campaign Manager:
Alliances and Endorsements:
Party History:
Democratic Party of the Philippines
2013; 2021-present
Major Donors
Candidate's major donors and campaign funding sources
There is no publicly available information on this matter at this time. Requested information from the candidate was not provided.
Major Advocacies
The candidate's top advocacies in the last 15 years or so
Promotion of securitization
Poverty alleviation
Electoral and political reforms
Promotion of securitization
Advances securitization as a tool to help increase revenues and decrease unemployment
Position/Date: As a senatorial candidate in 2013
Position/Date: As a senatorial candidate in 2013
Poverty alleviation
- Vowed to use Senate position as legislative leverage for poverty alleviation, help the poorest Filipinos
- Believes poverty in the Philippines is artificially made, thus it must be uncovered and remedied
- As “candidate for the poor”, he claimed to be the poorest of all Senate candidates with only P1 million in assets, thus identifies with the poor and used this is part of his public appeal
Electoral and political reforms
- Wanted to let the rich and poor have equal chances to run for government and win
- Eliminate pork barrel to eradicate political dynasties, claiming that familial politics are generated and sustained by pork barrel funds
- Proposed securitizing pork barrel funds; interests will be lent out as equity capital for housing projects and economic help to the poor
Personal Details
Basic information on the candidate's family, background and work experience
Name to appear on the ballot: FALCONE, BALDOMERO
Full Name: Baldomero Cordero Falcone
Birthdate: Sept. 19, 1944 (77 years old as of election day)
Birthplace: Hindang, Leyte
Residence: Marikina, Metro Manila
Religion: Catholic
Languages Spoken: Filipino, English, Bisaya
Parents:
Names unknown, occupations: judge and schoolteacher
Siblings:
Marital Status: Married, Alice L. Falcone
Children:
Four sons
Education:
●MBA, Asian Institute of Management
●MA Philosophy, University of St. Carlos, Cebu
●AB Liberal Arts, Sacred Heart Academy/Seminary, Palo, Leyte
Work Experience:
●Executive Director, Sagip Bansa Filipinas Foundation Inc.
●President, Millennium Industrial Commercial Corporation
●Vice-President, Global Interphase Security Services Provider
●Co-Founder, Consultasia Management Services
●Co-Founder, FG Finance Company
●Former professor at SouthWestern University, University of Visayas, University of Cebu
