Wissanu denies government 'begging' for money by reaching out to tycoons

[RichardColeman]

I imagine the reaction will be 'if you wont pay the poor, why should we ?'

[trainman34014]

1 hour ago, Worldplus said:

Perhaps the pm should do 100 laps of his garden like the UK 99 yr old soilder did..

 

He has raised over 25 mill..

 

I wonder how much Prayut would get?

 

 

25 Baht !!

[Oziex1]

5 hours ago, Youlike said:

That clown wouldn't even pay tax, why would he donate?

To annoy the junta, He Thaksin should donate a million would it be accepted? Damned if they do damned it they don't. 

[sammieuk1]

So its not still 100% under control then ????

[trainman34014]

16 minutes ago, nahkit said:

One way the government could raise money would be to cancel the bonus payments to civil servants and police that they announced last week.

Except Medical Staff.

[WalkingOrders]

A good idea.

[Dogmatix]

The intention of this is unlikely to be get money from billionaires.  It is more likely to be to provide a forum for the billionaires to advise to dish out stimulus money to the business sector.  The implications of this should be obvious.

[nahkit]

4 minutes ago, trainman34014 said:

Except Medical Staff.

Agreed.

 

But maybe they could defer their payments until they actually have the money available and have sorted out the 5,000 baht payments to the unemployed?

 

Edited April 19, 2020 by nahkit

[trainman34014]

I notice they keep talking about writing an 'Open Letter' but seems it still hasn't been written.   One wonders how it will start..i,e.....'Dear Very Rich Person'....or.....'Dear Very Corrupt and Rich Person'.....or.....'Dear Very Rich and Corrupt Friend'.....or.....' My Dear Filthy Rich Colleague'.

 

Most likely they hope money will pour in before the letter is even written so they don't need to bother !

[generealty]

It seems strange when the Thai Government states that they have zillions of overseas investments yet asking for a handout. I wonder if someone is telling porkies ?

[hugh2121]

How about cancelling some of the military toys on order?

[heist]

Thailand the hub of misunderstandings

[Almer]

6 hours ago, Somtamnication said:

Imagine if the situation proves that funds are not there anymore? Memories of '97 itch my rear.

What funds do you refer to, only a month ago there was i believe

1700 billion in cash reserves or am i suffering shut in syndrome ? 

[johng]

Just now, Almer said:

What funds do you refer to, only a month ago there was i believe

1700 billion in cash reserves or am i suffering shut in syndrome ? 

They have (allegedly) over 200 billion USD in foreign currency reserves

https://www.bot.or.th/App/BTWS_STAT/statistics/BOTWEBSTAT.aspx?reportID=80&language=ENG

 

but not enough to pay Thais the 5,000 baht per month for 3 months ?

[Ackybang]

Wissanu denies government 'begging' for money by reach-arounds from tycoons.

[Almer]

How about all expats buy government bonds with a guaranteed return and these bonds can be used to extend Retirement/ marriage visa ?

[Almer]

3 minutes ago, johng said:

They have (allegedly) over 200 billion USD in foreign currency reserves

https://www.bot.or.th/App/BTWS_STAT/statistics/BOTWEBSTAT.aspx?reportID=80&language=ENG

 

but not enough to pay Thais the 5,000 baht per month for 3 months ?

Or in my Mrs 100% justifiable claim for even 1 month,  or is a closed shop keeper with rent still to pay not a justifiable  claim ?

[saminoz]

6 hours ago, Somtamnication said:

Imagine if the situation proves that funds are not there anymore? Memories of '97 itch my rear.

 

6 hours ago, Somtamnication said:

Imagine if the situation proves that funds are not there anymore? Memories of '97 itch my rear.

This is what I am hearing from my wife and her friends.

The word on the street is that the government is about out of cash.

There is growing discontent at some of the measures being taken, like massive increases in the price of your electricity.  Some consumers are seeing a 4-fold increase, well above what could be expected by extra usage due to being locked down somewhat.

Be very careful to check your electricity bills this month and compare the rates to previous bills!!

 

[Janner1]

7 hours ago, Hayduke said:

This whole "Give us money, we are poor and the buffalo is sick" could certainly be a lot more believable. Maybe if if the general announced he would contribute….say….one month’s worth of his own salaries, commissions, fees, incentives, service charges, management bonuses, stock options, expense accounts. miscellaneous brown envelopes,  etc, etc (maybe a few billion Baht or so) to a general relief fund. Just one month's worth of the swag, general.....just one.

 

One supposes that the operative word here is General and the words relief fund identifies the recipients, Rather well masked don’t you think?

[JAG]

1 hour ago, nahkit said:

One way the government could raise money would be to cancel the bonus payments to civil servants and police that they announced last week.

They need their loyalty, why do you think they made the bonus in the first place?

[Isaan sailor]

Wouldn’t this prove an opportune time to spend down some of that tremendous USD reserve?  Perhaps they could fill a few ships with Napa or Sonoma cabs—and pass the savings on to citizens?

[Janner1]

20 minutes ago, Almer said:

How about all expats buy government bonds with a guaranteed return and these bonds can be used to extend Retirement/ marriage visa ?

Why not just give all honest ( no criminal record) ex pats the opportunity to buy Thai citizenship thereby removing all visa requirements, gaining a passport and having the same rights as Thais, with just one proviso Doing anything that gains you a criminal record in Thailand will result in removal of all rights and deportation.

It has got to be worth 1.5 to 2 million each for peace of mind for expats and a large pot of money for the government that does not have to be paid back 

[Burma Bill]

Quote:-

 

"write an open letter to the 20 tycoons"

 

Delivered in an "open" envelope - need I say more!

[rbkk]

1 hour ago, hugh2121 said:

How about cancelling some of the military toys on order?

https://forum.thaivisa.com/topic/1160303-navy-slashes-2020-budget-by-33-per-cent-to-help-govt-fight-covid-19/  

[JAG]

1 hour ago, Almer said:

What funds do you refer to, only a month ago there was i believe

1700 billion in cash reserves or am i suffering shut in syndrome ? 

 

1 hour ago, johng said:

They have (allegedly) over 200 billion USD in foreign currency reserves

https://www.bot.or.th/App/BTWS_STAT/statistics/BOTWEBSTAT.aspx?reportID=80&language=ENG

 

but not enough to pay Thais the 5,000 baht per month for 3 months ?

Whilst that money may exist, and may be being held by the country, remember that this government is a puppet of certain interests, and therefore probably does not have unfettered access or control over that money.

1 hour ago, hugh2121 said:

How about cancelling some of the military toys on order?

They are of very little use anyway in the military sense, the submarines' shortcomings have been widely discussed, and the ground/air equipments are in small amounts, and without extensive training and developing and adopting doctrines to suit their capabilities will have little effect upon the combat power of the forces. The purpose of the purchases were a) the chance to pose and boast and b) financial opportunities attached to the procurement processed. Both have passed.

 

Edited April 19, 2020 by JAG

[Trip Hop]

6 hours ago, Yinn said:

Ask the top 20. 

Why not ask all the billionaire? 

Because then must ask Thanatorn family. 555555555555555

 

last year have the Ubon flood.

 

Prayut not like people ask for help.

He say “If I am rich or if Thailand is rich, I will give to them.  I do not blame them because they don’t have money,” said the Prime Minister adding, however, that it should be the responsibility of government officials.

 

https://www.thaipbsworld.com/pm-embarrassed-by-people-asking-for-cash-handouts-everywhere-he-goes/

 

 

Actor/volunteer Bin donate 1 million his money and the people trust Bin. Get 300 million+ for help the people.

 

Then Prayut recieve critism. So THEN he start same, but nobody want to give, so he pressure big company to give.

 

Then Prayut pressure Bin give the 300+ million for Prayut.

Bin refused Prayut.

 

https://www.khaosodenglish.com/news/crimecourtscalamity/calamity/2019/09/19/bin-banluerit-wont-pool-flood-relief-funds-with-govt/

 

Bin give 0ne million baht own money AND help rescue people 16 hour per day.

Then Prayut give 100,000 his own money. About $3,200 USD.

 

Yinn not forget.

Bin...

 

 

 

 

 

Yinn, you appear to know all the answers? Please explain as to why Thailand needs to rely on donations from any person to support the poor when the country allegedly has over $219Bn in Forex reserves alone?  Why don’t they just use this?

[hotchilli]

8 hours ago, rooster59 said:

Wissanu added that things will get clearer next week and it is the premier who is taking care of all the details.

Like he took care of the wealthiest families in Thailand  when he came into power 6 years ago, kept them sweet by getting all the top contracts, keeping the monopolies secure, keeping the elite in the land of milk and honey, shifting power from the army to the government to secure continuity while the wealth divide grew wider & wider.

Now we have photos of people sitting in the streets, hands out begging for relief, the same streets only 2 months ago full of Chinese spending millions on cheap trinkets to keep Thailand afloat, with minute to minute narratives from T.A.T as the cash registers rang-out. 

They are an indictment to his failure as a leader to bring a level playing field to those he proclaims he cares for.

Now the dirty laundry is hung out for all to see, a country that boasted coffers brimming with money, the strongest and fastest growing currency in S.E.Asia, an economy they said was booming.

Now we see thousands of companies/businesses shut because of their blind greed, a hospital system that is largely broken or dysfunctional, hospitals that don't have enough PPE for their own staff, a welfare system that cannot afford to pay the unemployed though it boasts a trillion or more spare, . I could go on...

But now he intends to write an open letter to those billionaire friends...

"please help me... I need money and ideas"

we've screwed up!

 

 

[TheFishman1]

Amazing Thailand TIT

[Cake Monster]

2 hours ago, RichardColeman said:

I imagine the reaction will be 'if you wont pay the poor, why should we ?'

There will surely be a reaction of " Whats in it for us "

[Dap]

9 hours ago, cornishcarlos said:

 

Slow down there big guy, he's already said....

 

 

So calm down, while they think up a plausible reason to BS the people with....

 

So calm down, while they think up a plausible reason to BS the people with....

Exactly! and, what ever happened to those Billions of U.S.$'s they been talking about in reserve?

Edited April 19, 2020 by Dap