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Eric Loh

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Posts posted by Eric Loh

  1. 33 minutes ago, TKDfella said:

    Agreed. But as I have just written on the other related thread, the masses are not going to back anyone and without that words are empty. The media might say the people are fed up with it but look out of the window, in the towns, in the villages...what do you see? Apathy? Mai pen rai na.

    Better this way than putting themselves in harm's way and lose a loved one. This army will mow down any resistance to their rule. I sincerely wish that there will be no violent resistance that will harm and the country but of course nothing can guarantee that this may not happen. Just need a good trigger point. The best way is to wait for the next election and vote those corrupt vote stealing wannabe leaders and politicians out. The demographic change will play a key role. Every year there are 700,000-800,000 new young voters and FFP seem their standard bearer for change. The current leaders and politicians will be too old and slow to respond to this new demography and their exit is imminent. By then all the political parties will learn from this rigged election and will adapt themselves better for the next election which will come in less than 4 years. 

    • Like 2
  2. 22 minutes ago, DuiDui48 said:

    How Singapore fought corruption or 4 regulatory steps to a successful state.

    https://www.linkedin.com/pulse/how-singapore-fought-corruption-4-regulatory-steps-hovsep-patvakanyan

    Proving the point that there are better chances of eradicating corruption when you have consistent democracy than countries that have consistent corrupt coups denying and stagnating the people to enhance their empowerment to vote. 

  3. 6 hours ago, webfact said:

    Hope for a better democracy

     

    Better chance if Thailand can charge and jail those coup generals and reform the military. In that process, re-write the constitution to a fully elected bicameral system. This constitution is a stranglehold for a better democracy and the military is a disease that need to be surgically removed. 

  4. 9 minutes ago, OneMoreFarang said:

    Thaksin and his cronies governed the biggest part of the last 20 years. There is no doubt he and his minions were democratically elected. And there is no double that he and his cronies were all very corrupt. In that time the military stepped in two times because checks and balanced did not work anymore (at least that was one reason). Thai voters could have elected honest or at least less corrupt politicians for the last decades. They didn't. And even in the recent election the criminal fugitive Thaksin and his minions received lot of votes. Is that smart? I don't think so.

    If you can’t even get the number of years Thaksin and his affiliates parties were in government, it is a waste of time talking to a novice.

    • Haha 1
  5. 1 minute ago, OneMoreFarang said:

    What gives you the idea that they get it right? In the last 20 years (that the time I observed it myself in Thailand) the majority of Thais voted again and again for the same corrupt politicians even when the had better, less corrupt, choices. Einstein called it insanity. 

    And what gives you the idea they can’t get it right. The people did not stand a chance with 18 coups or 1 every 6 years since Thailand allowed multi parties election. Thais didnt vote for the corrupt military to intervene yet they governed for most part of the 20 years and badly too, that’s the insanity that you subscribed.

     

    • Like 1
  6. 2 hours ago, OneMoreFarang said:

    Personally I am frustrated that people vote again and again for the same old corrupt politicians or their family members and then somehow they expect an honest government.

    If Thais want a good government why do they vote for corrupt politicians? Strange!

     

    They will get it right if allowed to vote. It’s when you have corrupt military that seized power and behaving worst than corrupt elected politicians, it narrow down their choice.

    • Like 2
  7. 19 hours ago, snoop1130 said:

    Mr. Boonyasith Chokwatana, chairman of the Sahapat Group, a leading Thai distributor of consumer products, has urged the government to address the problem as a matter of urgency to protect the export sector.

    Doubt Boonyasith has been truthful in his complain regarding the strong baht. A strong baht really has two sides of the coin. Sahapat Group import farm equipments and related agriculture items and gain from better exchange rate. Almost all manufacturers import their raw materials and gain significant currency advantages. Are they keeping these extraordinary exchange profit while complaining about the strong Baht. Are they just being greedy. 

  8. 8 minutes ago, dabhand said:

    This treasury reserve balance issue has been done to death on previous threads. See this one from 2017:

     

    https://forum.thaivisa.com/topic/967758-pm-prayut-denies-the-government-is-broke/page/7/?tab=comments#comment-11602852

     

    The movement in the reserve balances during the year is mainly linked to the cyclical nature of the tax revenues. In particular the corporate tax payments (with most companies having 31Dec year ends) due in months 5 and 8. Thus, the reserve balance spikes at that time and diminishes during other periods as expenditures tend to be more evenly spread out during the year.

     

    There is a more recent BOT publication that has a 'Treasury Cash' graph on page 7 that clearly shows these periodic spikes continuing.

     

    https://www.bot.or.th/Thai/Statistics/Graph/Chart_Pack/Chart Pack.pdf

     

    I can agree with your explanation that periodic spikes are quite normal linked to personal and corporate tax. I am just concern about the spending or expenditures on infra structure and stimulus policies that went unabated during the junta government and a passive NLA not confronting the junta for accountability. There is a legal range for the treasury reserves and the junta has in the past broke the lower limit and no questions asked. Now that we have oppositions in Parliament, they should more robust in questioning the spending on behalf of the people they represent. 

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