Popular Post Sunisalom Posted October 27, 2013 Popular Post Share Posted October 27, 2013 There seem to be a lot of totally unguided, and highly inaccurate, numbers being thrown about here. 36 billion baht equates to a very large lot, whether it's counted in 9 digits or 12. There's something completely wrong here, as even the Big 3 DON'T nowadays talk about profits being that big! I'm sure the worldwide sales of cars earns a lot more than the rice produced in Thailand?... Close to billions or pounds or dollars....? Na! I don't think so. The corruption just gets larger and larger before ASEAN knocks on the gate. I hope they all rot in hell! -K Sunisa. 3 Link to comment Share on other sites More sharing options...
MaxLee Posted October 27, 2013 Share Posted October 27, 2013 Rungson Hired to white lie courtesy of Kittirat, counter measurements arranged... Link to comment Share on other sites More sharing options...
rubl Posted October 27, 2013 Share Posted October 27, 2013 (edited) On June 18th we had: "According to the sub-committee, the government spent Bt352 billion to buy 21.7 million tonnes of rice in the 2011/2012 crop while Bt156 billion worth of rice remains in the stockpiles and the sold volume was Bt59 billion, leaving net losses of Bt136.908 billion." http://www.thaivisa.com/forum/topic/647379-bt136-billion-losses-from-rice-subsidy-in-20112012-crop/ So now: - did we buy less rice ? - did we pay less? - did we sell more (at a profit of course)? - do we have a relation between value - volume remaining? - do we have a relation between value - volume sold? - why did the BAAC non-revolving fund of 500 billion needed 200 billion more? - why is even another 200 billion or so needed for 2013/2014 ? - With all rice farmers rich by now should we retarget to poor farmers who produce other crops? and lastly - when will we get the mid-term report listing all fantastic results of this really briljant government? Edited October 27, 2013 by rubl Link to comment Share on other sites More sharing options...
khunken Posted October 27, 2013 Share Posted October 27, 2013 (edited) So they shifted any people who could provide honest figures & replaced them with a lackey. He does a fag-packet calculation, leaving out sales, storage, contamination, depreciation & potential write-offs. Good old Kittirat - has an understudy tell the white lies this time. Apologies to Max Lee - you said it first. Edited October 27, 2013 by khunken 2 Link to comment Share on other sites More sharing options...
Gsxrnz Posted October 27, 2013 Share Posted October 27, 2013 He's been seriously misquoted. He didn't say he'd look into the Rice Scheme losses. He said he'd look into the Ice Cream losses. Bloody journalists! 1 Link to comment Share on other sites More sharing options...
Mudcrab Posted October 27, 2013 Share Posted October 27, 2013 Jeez there goes all the tax bahts I didn't pay Link to comment Share on other sites More sharing options...
timewilltell Posted October 27, 2013 Share Posted October 27, 2013 New game idea - fantasy government replacing fantasy football with kick backs replacing transfer fees. Start with the ludicrous government figures divide them by 8 and then just smile. It becomes so unbelievably stupid people start to wonder if it is so ridiculous it just might be ..... Nah its fantasy. Another pinnacle of virtue into the civil service. 1 Link to comment Share on other sites More sharing options...
LuckyLew Posted October 27, 2013 Share Posted October 27, 2013 I believe every word the PTP are telling us They are such a good hard working bunch of people They only want what is best for the people of Thailand 1 Link to comment Share on other sites More sharing options...
marcusd Posted October 27, 2013 Share Posted October 27, 2013 I am sure to get a job in Government here you ahve to have your head up your backside. Smelling the roses there obviously makes you more intelligent as thesxe fools are. Removing an accountant from the job to give this to a kid who obviously didnt have any skoolin. Link to comment Share on other sites More sharing options...
smedly Posted October 27, 2013 Share Posted October 27, 2013 does anybody smell a rat here - this statement says it all for me """"""""As someone with a background in accounting and a director of the Bank for Agriculture and Agricultural Cooperatives for eight years"""""""""" this man has been instrumental in the administration of the rice scheme - the current finance ministry are not playing the corrupt government tune so they have been moved out of the way, so blatant and obvious and within 20 seconds this guy has solved all the financials of the rice - he's a genius 15000 - 12000 = 3000 x 12000000 = 36000000 - why did it take a committee 2 tears to work this out - he's a true genius Link to comment Share on other sites More sharing options...
boomerangutang Posted October 27, 2013 Share Posted October 27, 2013 The US Feds should find out how much the Shinawatres are paying him, and then double it. He would be great for the US deficit. In five minutes, he could lower it by 60%. After that, he could moonlight as the Miracle Whip Man dressed in a white puff suit. Link to comment Share on other sites More sharing options...
Popular Post ratcatcher Posted October 27, 2013 Popular Post Share Posted October 27, 2013 (edited) Since the title of this thread is: Rungson vows to review rice scheme loss, I decided to check TV archives this year and I am amazed at the number of vows politicians and some others make. It must be related to their deep desire to be sincere. I would not categorize Thailand as the HUB of Wows..... yet, but they are working on it. WOW! Govt Vows Transparency In Bt2-Tn Loans Suthep vows to fight Thaksin regime from the streets Prisons Chief Vows Crackdown After Inmate Has Photo Posted On Facebook First US congresswoman of Thai descent vows to foster ties PM Yingluck vows to develop Thai trains, uplift Thais' living standards PM Yingluck vows assistance to flood-hit people nationwide Pm Vows To Tackle Worsening Drought Yingluck Vows To Wipe Out Discrimination Against Women In Thai Society Yingluck Vows To Provide Better Security Protection For Teachers In Southernmost Provinces Banharn vows to keep pushing all sides China's Li vows to deepen Sino-Thai relations Thailand's new Attorney General vows neutrality, honesty, independence Official vows crackdown on Khaosarn Road's illegal vendors Anudith vows to boost Thailand's ICT rankings Chalerm Vows To Get Rid Of Mafia In Thai Tourism Businesses Within 3 Month Chaturon vows to end school errand-for-pass practice Edited October 27, 2013 by ratcatcher 3 Link to comment Share on other sites More sharing options...
jbrain Posted October 27, 2013 Share Posted October 27, 2013 Since the title of this thread is: Rungson vows to review rice scheme loss, I decided to check TV archives this year and I am amazed at the number of vows politicians and some others make. It must be related to their deep desire to be sincere. I would not categorize Thailand as the HUB of Wows..... yet, but they are working on it. WOW! Govt Vows Transparency In Bt2-Tn Loans Suthep vows to fight Thaksin regime from the streets Prisons Chief Vows Crackdown After Inmate Has Photo Posted On Facebook First US congresswoman of Thai descent vows to foster ties PM Yingluck vows to develop Thai trains, uplift Thais' living standards PM Yingluck vows assistance to flood-hit people nationwide Pm Vows To Tackle Worsening Drought Yingluck Vows To Wipe Out Discrimination Against Women In Thai Society Yingluck Vows To Provide Better Security Protection For Teachers In Southernmost Provinces Banharn vows to keep pushing all sides China's Li vows to deepen Sino-Thai relations Thailand's new Attorney General vows neutrality, honesty, independence Official vows crackdown on Khaosarn Road's illegal vendors Anudith vows to boost Thailand's ICT rankings Chalerm Vows To Get Rid Of Mafia In Thai Tourism Businesses Within 3 Month Chaturon vows to end school errand-for-pass practice So we can say this government vows to vow vows on vows. Link to comment Share on other sites More sharing options...
Robby nz Posted October 27, 2013 Share Posted October 27, 2013 Read elsewhere that 20,000 tons was destroyed in this years floods in Nakorn Ratchasima, and how much more elsewhere, is that factored in? Then there is the 7 billion the commerce ministry is claiming for what they say they have given to flood victims and as overseas aid. Only small numbers compared to hundreds of billions : But (BAAC) will borrow 140 billion baht with the Finance Ministry's guarantee to fund this years crop purchases. More interest to be added to the loss. Yep the BAAC has to borrow money to keep the scheme going, from where and at what cost? Wonder if this fellas new job is part of the 'no cabinet reshuffle'. If we only do it one at a time no one will notice, like the constitution rewrite. Link to comment Share on other sites More sharing options...
Robby nz Posted October 27, 2013 Share Posted October 27, 2013 Hay Jbrain you missed Chalerm vowing to have his head cut off. Or was that only a promise. Link to comment Share on other sites More sharing options...
ratcatcher Posted October 27, 2013 Share Posted October 27, 2013 Hay Jbrain you missed Chalerm vowing to have his head cut off. Or was that only a promise. No, Chalerm probably made a promise, which gives him a little more wriggle room than a vow, as opposed to an oath which condemns him. 1 Link to comment Share on other sites More sharing options...
tingtongteesood Posted October 27, 2013 Share Posted October 27, 2013 Yet another idiot crony who has no idea about economics put on a position of power where he can enrich himself and further screw up the country at the expense of the littlen people. Welcome to the Kingdom of Shin ! Link to comment Share on other sites More sharing options...
kimamey Posted October 27, 2013 Share Posted October 27, 2013 Since the title of this thread is: Rungson vows to review rice scheme loss, I decided to check TV archives this year and I am amazed at the number of vows politicians and some others make. It must be related to their deep desire to be sincere. I would not categorize Thailand as the HUB of Wows..... yet, but they are working on it. WOW! Govt Vows Transparency In Bt2-Tn Loans Suthep vows to fight Thaksin regime from the streets Prisons Chief Vows Crackdown After Inmate Has Photo Posted On Facebook First US congresswoman of Thai descent vows to foster ties PM Yingluck vows to develop Thai trains, uplift Thais' living standards PM Yingluck vows assistance to flood-hit people nationwide Pm Vows To Tackle Worsening Drought Yingluck Vows To Wipe Out Discrimination Against Women In Thai Society Yingluck Vows To Provide Better Security Protection For Teachers In Southernmost Provinces Banharn vows to keep pushing all sides China's Li vows to deepen Sino-Thai relations Thailand's new Attorney General vows neutrality, honesty, independence Official vows crackdown on Khaosarn Road's illegal vendors Anudith vows to boost Thailand's ICT rankings Chalerm Vows To Get Rid Of Mafia In Thai Tourism Businesses Within 3 Month Chaturon vows to end school errand-for-pass practice I'll reply to your post later after I've finished mulling it. 1 Link to comment Share on other sites More sharing options...
kimamey Posted October 27, 2013 Share Posted October 27, 2013 So the woman who, according to his simple figures made the loss nearly 5 times as much as it actually is and took much longer isn't being sacked but will work with him. I what he says is true then she should never have been given the job. Of course we all know there's no truth in what he says and as others have pointed out there's the storage cost plus the fact that much of it probably won't all be sold anyway Link to comment Share on other sites More sharing options...
kimamey Posted October 27, 2013 Share Posted October 27, 2013 This thread seems to have come to an end. That might be because no government supporters have come to defend this statement so there's nothing for us to argue about. Link to comment Share on other sites More sharing options...
Ricardo Posted October 27, 2013 Share Posted October 27, 2013 (edited) does anybody smell a rat here - this statement says it all for me """"""""As someone with a background in accounting and a director of the Bank for Agriculture and Agricultural Cooperatives for eight years"""""""""" this man has been instrumental in the administration of the rice scheme - the current finance ministry are not playing the corrupt government tune so they have been moved out of the way, so blatant and obvious and within 20 seconds this guy has solved all the financials of the rice - he's a genius 15000 - 12000 = 3000 x 12000000 = 36000000 - why did it take a committee 2 tears to work this out - he's a true genius Only an idiot, or a permanent secretary, would confuse the supposed-cost (unadjusted for moisture-content) of the current-stocks, with or without the 2-4 million tons of 'shrinkage', with the losses actually crystallised on the stocks purchased and re-sold (at a 'commercially confidential loss) to-date. Or perhaps bankers don't do math the way we accountants do ? More rats than you could shake a stick at, IMO ! Edited October 27, 2013 by Ricardo Link to comment Share on other sites More sharing options...
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