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Eric Loh

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Everything posted by Eric Loh

  1. Have some sympathies for importers who have bills in the tens of thousands USD and have to take up the 5-6% of the cost of goods due to the baht depreciation. Crunch time when profitability is razor thin in a highly competitive market. Personal experience.
  2. Matt Gaetz may have won his personal feud with Mccarthy and expose the rift in the caucus. It has decayed to such an extend that frightened anyone who has the ambition to be the speaker as I doubt anyone can unite the fracticous GOP without the assist from the Dems. In my wildest thoughts, Liz Cheney may possibly get the votes with the Dem and RINO representatives.
  3. The first referendum is for the people to decide if they want the charter to be rewritten and that should be a fairly straightforward Parliamentary process. The second referendum will be held after the drafting the amendments which may take a much longer time. The 2017 charter took 9 months to design a new charter and subsequently rejected which led to a appointment of a new committee and further delay.
  4. That was the GOP and right leaning news opinion. She step down and was not hit by the proverbial door on the way out like Kevin McCarthy. She passed the leadership to a new generation united unlike the disarray on the other side.
  5. It was a divisive State of Union speech that was fittingly deserved to be ripped up. If Patrick McHenry decide his first action as interim speaker was revenge, then it is pathetic and petty. But that is only your assumption and it doesn't matter much.
  6. Sorry mate. That's not true. Snippet facts that can easily be goggled will tell you that red states have more problems relating to gun deaths, murder rates (8 of the top 10 murder states are red states) and blue states enjoyed higher economic growth rates on average than red states. By the way, red states are benefiting from Bidenomics.
  7. With higher income from jobs, there will be less prostitution. That may worry some sexpats.
  8. PM Sretha is the right man for the job. The world economy is faltering and global growth is expected to decline. Thailand is vulnerable to the slowing economic global events and a strong leader with a vision for the future will inspire others to make the vision a reality. He is setting clear directions and creating a sense of purpose to motivate those around him to take action in order to achieve the desired outcome. He is likely to have the full 4 years term to implement his policies and that is a luxury. The last government that had 4 years was a golden economic period with growth over 6%, improved income status, low employment and lower income inequality. Thailand must move up the value change and move out of being a low wage production country. Businesses that still rely on low wages will have to look hard to improve their productivity or move to lower wage countries. His bottom-up economics is the right approach for Thailand and will have significant benefits on income and equality.
  9. Point of order. Trump's fraud claims by LJ began four and half years ago when he was still the President and way before he announced his 2024 bid. Judge that Trump maligned by calling him a rogue judge has already ruled that he committed fraud. Snow ball chance that the case will be dismissed but you can dream.
  10. Way to go Trump with the name calling of the judge when he is the sole arbiter of the fraud charges. His lawyers look mortified by Trump’s idiocy.
  11. Putting the larcency cases in the right perspective. California is way down the ranking. Also many states charge shoplifting as a misdemeanour if the value of the stolen goods is below certain amount; not only in California. statista.com/statistics/232542/larceny-thefts-reported-in-the-us-by-state/
  12. End of the day, baby Gaetz will most likely be the biggest loser. House Ethics Committee will revive Gaetz probe and force him out. He is the most hated man in GOP.
  13. If the House is made redundant, it will mean a stalling of the Biden fake impeachment enquiry. No subpoena and no power to call any government officials or expert witness. Kind of shooting themselves on the foot. Hilarious to watch this s..show happening but you right, it will hurt the people.
  14. Missing my point deliberately. Has the GOP even consider changing the electoral college to reflect on popular vote. Obviously conscious of the fate that they can't win a popular vote.
  15. If you are refering to the Trish Regan's segment of the cut away portion of Hillary's interview, really not hard to find the link. I would like to see the whole interview rather than the truncated portion that was used by the Fox host to bring across her talking point.
  16. Then it will be an unfair election that do not properly represent the voices of the citizens like in USA. To Canada credit, Trudeau promised to reform the election system. Any chance the GOP will go along with constitutional reform of the electoral college system?
  17. Find that statement quite puzzling. Public debt (national debts) is primarily held by the public (bonds etc), investors and banks. It is borrowings by the government to cover budget deficits. Tax comes in many forms and everyone pay taxes in different forms besides personal taxes (if not eligible) like value added tax, specific business tax, stamp duties, property tax etc.
  18. If you have any clue to world politics as regards to nuclear detente, you need to read the principles of Russia’s nuclear weapons policies. If you don’t understand the policies that was approved by Putin on the nuclear deterrent factor, you like the ultra Maga will continue to use scare tactics for political points. I can say that we are fortunate to have an experience and competent commander in chief in Biden who keep US troops out of the war arena. That’s major if you understand the Russia’ s policies.
  19. Biden always a step ahead of Trump. Trump can forget about joining the striking autoworkers with his faux support. “ Every fiber of our union is being poured into fighting the billionaire class and an economy that enriches people like Donald Trump at the expense of workers,” UAW President Shawn Fain said.
  20. Shame on you for making such demeaning remark when the majority of Ukranians favour fighting until victory to take back all territories seized by Russia including Crimea. Your preverted Maga viewpoint is Putin's hope but Biden stand firm to help Ukraine and the world thank him for that. https://www.rferl.org/a/32091265.html
  21. Sensible policies compare to thoughtless performative policy like building the wall.
  22. Thaksinomics 2. Same economic circumstances as back in the old days. Economy was wrecked by the '97 financial crisis, export growth was down, household debts was equivalent to 80% of GDP and domestic consumption was down. Growth in those period was barely above 3%. In stepped Somkid and Thaksinomic 1 based on the idea that the nation should be governed like a company. Populist policies to lift private consumption and policies to reduce cost of living. Prgrams like OTOP, Village Fund, farmer moratorium and UHC were introduced. Marketing campaigns overseas to bring in FDI. Sretha started to implement some the the same policies on Day 1 and he is the right man for the job. Thaksinomic 1 has given Thailand some of the best GDP growth and it should work this time with the added tourism sector being a potential growth engine.
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