Thai farmers demand rice payment on Monday

[Baerboxer]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

Maybe a better explanation is that the caretaker government, when in power, pledged to buy rice higher than the market price and have been unable to sell it. They've lied about G2G sales, for which they are now under investigation, and 60% of what's been paid out so far doesn't seem to have reached the farmers or be able to be accounted for. The inventories don't tally either.

This crap heap was unraveling way before the protests. Money was running out and the 2.2. trillion "fund all holes" loan was being rightly held up. Criticism of the scheme from Moody's, Bloomberg, IMF and others resulted in the sudden spate of GSG sales. Of course the actual details were top secret, so secret that it now appears not real but lies - presumably more little white lies to keep the minions happy.

PTP hoped to get the whitewash, 2.2 trillion loan. release of the 350 billion water management budget, and remove checks and balances all through parliament, into law and implemented before cash flow problems choked them and exposed the real situation. If successful they could have carried on robbing Peter to pay Paul whilst skimming off.

This is just an opinion of course, as no facts have been released and the brave MOF lady seems to have been silenced.

[Baerboxer]

The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

[falangadang]

Come On Mr T ..... Out with your check book !!! .............

"Been sent,... it's in the mail !"

[Smokemachine]

Ladies and gentlemen,

let recall the conference meeting again.

Do you think they are "clean"??

this is just a small clip of the meeting. A fantastic reporter giving them a hard time.

Profit & loss, stock account all unaccountable....

Seriously, justice need to be done for the farmers, especially the one who has committed suicide.

NACC better don't disappoint people.

[icommunity]

The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

Agreed. BTW, are you a book-keeper/accountant or CEO/entrepreneur or financial officer?

[EyesWideOpen]

The irony is palpable.......And every time I see this story, the famous Thai

saying som nam na springs into my mind.

Edited January 17, 2014 by EyesWideOpen

[Smokemachine]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

Good one.

This is the same as the red leader deliver to the red village farmers.

Do you live there as well?

Exactly the same.

[MJP]

The scheme needs to close now and Thailand's central bank needs to start a special liquidity scheme by issuing rice bonds which they buy themselves to bail this mess out.

What cannot be sold on the domestic and international market within a reasonable timeframe needs to be fermented to produce biogas energy to get some economic benefit back and stabilise future rice supply/demand so farmers can continue as normal.

[Thait Spot]

The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

That's a lie

Sent from my Nexus 4 using Thaivisa Connect Thailand mobile app

[Thait Spot]

"adding that farmers in western rice-planting provinces, including Kanchanaburi, Ratchaburi, Phetchburi, Nakhon Pathom, Samut Sakhon, Samut Songkram and Prachuap Khiri Khan, will meet on the weekend to resolve the delayed payment."

Have all the farmers in the red shirt provinces been paid?

Why is there no mention of Udon Thani or Chiang Mai farmers asking for their money?

Is this what has happened?

If gerrymandering in the 3rd degree can be added yo the list of despicable crimes under thus regime then I'm sure the NACC will deal with it appropriately

Sent from my Nexus 4 using Thaivisa Connect Thailand mobile app

[Phuket Stan]

Come On Mr T ..... Out with your check book !!! .............

"Been sent,... it's in the mail !"

Now thats the 1st of the 3 great lies

Someone remind me what are the 2nd and 3rd

[hotrod4098]

we hear of rice farmers not being paid..pledging scheme..

who can pledge rice..when people read farmers not paid,i think it is only the ones who have many rai of land...

so instead of selling it to the millers at say 12 bhat...they took the big bucks of selling it to the pledge for a lot more...so got stuffed...

so how many rai do you need to join the scheme....

[LevelHead]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

Maybe a better explanation is that the caretaker government, when in power, pledged to buy rice higher than the market price and have been unable to sell it. They've lied about G2G sales, for which they are now under investigation, and 60% of what's been paid out so far doesn't seem to have reached the farmers or be able to be accounted for. The inventories don't tally either.

This crap heap was unraveling way before the protests. Money was running out and the 2.2. trillion "fund all holes" loan was being rightly held up. Criticism of the scheme from Moody's, Bloomberg, IMF and others resulted in the sudden spate of GSG sales. Of course the actual details were top secret, so secret that it now appears not real but lies - presumably more little white lies to keep the minions happy.

PTP hoped to get the whitewash, 2.2 trillion loan. release of the 350 billion water management budget, and remove checks and balances all through parliament, into law and implemented before cash flow problems choked them and exposed the real situation. If successful they could have carried on robbing Peter to pay Paul whilst skimming off.

This is just an opinion of course, as no facts have been released and the brave MOF lady seems to have been silenced.

Yes, its just inventories.

The rice is in the warehouse and so your inventory level is high, and running up inventories will eat cash.

When you sell your inventory you have the cash back.

Quite simple accountancy procedures.

The government runs a deficit, whats the problem with that ? Its just distribution of the states money to farmers. What issue do you have ?

You do not like a government in effect running a deficit to help the poor rice farmers ?

Remember Abhisit borrowing money from China and Japan for "economic stimulus", one example is below :

http://www.nationmultimedia.com/2009/03/25/business/business_30098784.php

And remember Abhisit giving people 2000 baht "free" as so called economic stimulus ? Was that not vote buying ?

http://blog.nationmultimedia.com/ginola/2009/01/25/entry-1

Funny that when the Democrats/Abhisit borrow money from abroad and dish it out free its not "vote buying" in some peoples eyes, but if PTP buys rice from farmers at a higher price its all vote buying !!

Call it a rice subsidy, call it economic stimulus, call it a "used car buy back scheme", all governments all over the world do it.

All in my opinion of course.

[kimamey]

The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

[skorchio]

C'mon the Farmers, turn and bite. This is more significant than any bombings in BKK. When the red tide up north turns, the game must be up for the Family Business. The timing of this is probably worrying ShinCo, it couldn't have worked out worse. It almost seems as if it is planned and executed by Govt opposition. It will be such a gloriously delicious case of 'som nom naaaa' if it is the Rice Scham which takes the Government down ..... given enough rope, they hung themselves!!!!

[kimamey]

"adding that farmers in western rice-planting provinces, including Kanchanaburi, Ratchaburi, Phetchburi, Nakhon Pathom, Samut Sakhon, Samut Songkram and Prachuap Khiri Khan, will meet on the weekend to resolve the delayed payment."

Have all the farmers in the red shirt provinces been paid?

Why is there no mention of Udon Thani or Chiang Mai farmers asking for their money?

It might because those in red shirt areas don't want to give ammunition to government opponents.

[LevelHead]

C'mon the Farmers, turn and bite. This is more significant than any bombings in BKK. When the red tide up north turns, the game must be up for the Family Business. The timing of this is probably worrying ShinCo, it couldn't have worked out worse. It almost seems as if it is planned and executed by Govt opposition. It will be such a gloriously delicious case of 'som nom naaaa' if it is the Rice Scham which takes the Government down ..... given enough rope, they hung themselves!!!!

After all the shootings and deaths in 2010, and after seeing these Bangkok people and Southerners spouting absolute filth and horrid remarks about Isaan in 2010 and 2013 and now 2014, there is zero chance, in my opinion, of any change in red feelings.

As has been said, Thaksin must be very happy with Suthep and Abhisit as they have turned what could have been a sticky patch into a solid united red vote PTP hoard, in my opinion.

Have you ever considered why YL and PTP tried to push the amnesty bill just at this moment in time, ever considered the response from the Democrats and Elite is just what they wanted and expected, and they fell into the trap and have now created a massive anti-Democrat Party feeling over most of Thailand ?

Just my view.

[icommunity]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

[rubl]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

The government has indicated a few times and Thaksin has confirmed that this would be a profitable scheme for Thailand. Maybe Thailand and Shinawatras got mixed in the translation.

The farmers are promised payment, they provided their paddy and now they have nothing. So blame the government.

Without the scheme they would have sold directly to businesses and have money. The difference in price received would not be that much as seldomly poor farmers got the pledge price. A minimum price guarantee directly paid to them would help more.

BTW what's the difference of an accumulated loss requiring an extra loan of hundred++ billion Baht and a real loss? Especially as various government spokespersons, Ministers, etc. already confirmed losses between 40 to 400 billion Baht. They're still checking the book I guess to explain the wide gap.

[love1012]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

I think western people say - "how is things on you planet"?

[metisdead]

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[LevelHead]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

The government has indicated a few times and Thaksin has confirmed that this would be a profitable scheme for Thailand. Maybe Thailand and Shinawatras got mixed in the translation.

The farmers are promised payment, they provided their paddy and now they have nothing. So blame the government.

Without the scheme they would have sold directly to businesses and have money. The difference in price received would not be that much as seldomly poor farmers got the pledge price. A minimum price guarantee directly paid to them would help more.

BTW what's the difference of an accumulated loss requiring an extra loan of hundred++ billion Baht and a real loss? Especially as various government spokespersons, Ministers, etc. already confirmed losses between 40 to 400 billion Baht. They're still checking the book I guess to explain the wide gap.

But politicians and the world does not call it a loss.

They call it a deficit, a budget deficit to be precise, meaning the money the government is paying out is less than its getting in.

The USA is running with an ever increasing budget deficit.

Now, Suthep and the Democrats and many people on here would call that a loss would they ? Would they suggest people to be out protesting that the USA is losing more money every day, every second the LOSS is increasing ?

Running a government on a budget deficit is quite normal around the world, so please, do not say LOSS, just use the normal word of deficit............... a budget deficit.

[shiok]

Come On Mr T ..... Out with your check book !!! .............

better still, should tell YL to sell her 2.5mil watches to help the farmers ??

[englishoak]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

The government has indicated a few times and Thaksin has confirmed that this would be a profitable scheme for Thailand. Maybe Thailand and Shinawatras got mixed in the translation.

The farmers are promised payment, they provided their paddy and now they have nothing. So blame the government.

Without the scheme they would have sold directly to businesses and have money. The difference in price received would not be that much as seldomly poor farmers got the pledge price. A minimum price guarantee directly paid to them would help more.

BTW what's the difference of an accumulated loss requiring an extra loan of hundred++ billion Baht and a real loss? Especially as various government spokespersons, Ministers, etc. already confirmed losses between 40 to 400 billion Baht. They're still checking the book I guess to explain the wide gap.

But politicians and the world does not call it a loss.

They call it a deficit, a budget deficit to be precise, meaning the money the government is paying out is less than its getting in.

The USA is running with an ever increasing budget deficit.

Now, Suthep and the Democrats and many people on here would call that a loss would they ? Would they suggest people to be out protesting that the USA is losing more money every day, every second the LOSS is increasing ?

Running a government on a budget deficit is quite normal around the world, so please, do not say LOSS, just use the normal word of deficit............... a budget deficit.

I don't think most here understand economics or national budgets compared to personal banking and losing money let alone budget deficits

[love1012]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

Maybe a better explanation is that the caretaker government, when in power, pledged to buy rice higher than the market price and have been unable to sell it. They've lied about G2G sales, for which they are now under investigation, and 60% of what's been paid out so far doesn't seem to have reached the farmers or be able to be accounted for. The inventories don't tally either.

This crap heap was unraveling way before the protests. Money was running out and the 2.2. trillion "fund all holes" loan was being rightly held up. Criticism of the scheme from Moody's, Bloomberg, IMF and others resulted in the sudden spate of GSG sales. Of course the actual details were top secret, so secret that it now appears not real but lies - presumably more little white lies to keep the minions happy.

PTP hoped to get the whitewash, 2.2 trillion loan. release of the 350 billion water management budget, and remove checks and balances all through parliament, into law and implemented before cash flow problems choked them and exposed the real situation. If successful they could have carried on robbing Peter to pay Paul whilst skimming off.

This is just an opinion of course, as no facts have been released and the brave MOF lady seems to have been silenced.

Yes, its just inventories.

The rice is in the warehouse and so your inventory level is high, and running up inventories will eat cash.

When you sell your inventory you have the cash back.

Quite simple accountancy procedures.

The government runs a deficit, whats the problem with that ? Its just distribution of the states money to farmers. What issue do you have ?

You do not like a government in effect running a deficit to help the poor rice farmers ?

Remember Abhisit borrowing money from China and Japan for "economic stimulus", one example is below :

http://www.nationmultimedia.com/2009/03/25/business/business_30098784.php

And remember Abhisit giving people 2000 baht "free" as so called economic stimulus ? Was that not vote buying ?

http://blog.nationmultimedia.com/ginola/2009/01/25/entry-1

Funny that when the Democrats/Abhisit borrow money from abroad and dish it out free its not "vote buying" in some peoples eyes, but if PTP buys rice from farmers at a higher price its all vote buying !!

Call it a rice subsidy, call it economic stimulus, call it a "used car buy back scheme", all governments all over the world do it.

All in my opinion of course.

A little knowledge is a dangerous thing - but you sadlyhave no knowledge. You think a country borrowing moey from a world wide economic monetary fund based on a countries fiscal policy is the same as making a lying pledge to do something you have no intention or ability to see through - my word do you sit cross legged on the floor when the head redshirt instructs your village of this? The truth today is that you would be better employed scaring crows in the field!!

Edited January 17, 2014 by love1012

[love1012]

C'mon the Farmers, turn and bite. This is more significant than any bombings in BKK. When the red tide up north turns, the game must be up for the Family Business. The timing of this is probably worrying ShinCo, it couldn't have worked out worse. It almost seems as if it is planned and executed by Govt opposition. It will be such a gloriously delicious case of 'som nom naaaa' if it is the Rice Scham which takes the Government down ..... given enough rope, they hung themselves!!!!

After all the shootings and deaths in 2010, and after seeing these Bangkok people and Southerners spouting absolute filth and horrid remarks about Isaan in 2010 and 2013 and now 2014, there is zero chance, in my opinion, of any change in red feelings.

As has been said, Thaksin must be very happy with Suthep and Abhisit as they have turned what could have been a sticky patch into a solid united red vote PTP hoard, in my opinion.

Have you ever considered why YL and PTP tried to push the amnesty bill just at this moment in time, ever considered the response from the Democrats and Elite is just what they wanted and expected, and they fell into the trap and have now created a massive anti-Democrat Party feeling over most of Thailand ?

Just my view.

We see 2 million people turning out in Bangkok this week - many of them from Isaan - the truth today is that it has shown the depth of feeling against your puppet master who sits trying to control things from his penthouse. Massive anti democrat feeling in Bangkok? Remeber the Pheu Thai were virtually wiped out in Bangkok last election - only the red shirt Isan and Chiang Mai saved them!!

[LevelHead]

The farmers cannot be paid as Suthep demanded the House dissolved and all the Democrat Party MP's resigned.

So this messed up the payments.

And until an election is carried out and a new government is installed, the payments cannot be made.

So really, Suthep and Abhisit/Democrats are to blame for the lack of payment in many peoples eyes and those same people want an election as soon as possible else they will months and months without payment.

Fail Fail for Suthep and Abhisit/Democrats.

Fail as they are getting blamed for late payment.

Fail as they want to delay the election.

In my opinion the above of course.

Maybe a better explanation is that the caretaker government, when in power, pledged to buy rice higher than the market price and have been unable to sell it. They've lied about G2G sales, for which they are now under investigation, and 60% of what's been paid out so far doesn't seem to have reached the farmers or be able to be accounted for. The inventories don't tally either.

This crap heap was unraveling way before the protests. Money was running out and the 2.2. trillion "fund all holes" loan was being rightly held up. Criticism of the scheme from Moody's, Bloomberg, IMF and others resulted in the sudden spate of GSG sales. Of course the actual details were top secret, so secret that it now appears not real but lies - presumably more little white lies to keep the minions happy.

PTP hoped to get the whitewash, 2.2 trillion loan. release of the 350 billion water management budget, and remove checks and balances all through parliament, into law and implemented before cash flow problems choked them and exposed the real situation. If successful they could have carried on robbing Peter to pay Paul whilst skimming off.

This is just an opinion of course, as no facts have been released and the brave MOF lady seems to have been silenced.

Yes, its just inventories.

The rice is in the warehouse and so your inventory level is high, and running up inventories will eat cash.

When you sell your inventory you have the cash back.

Quite simple accountancy procedures.

The government runs a deficit, whats the problem with that ? Its just distribution of the states money to farmers. What issue do you have ?

You do not like a government in effect running a deficit to help the poor rice farmers ?

Remember Abhisit borrowing money from China and Japan for "economic stimulus", one example is below :

http://www.nationmultimedia.com/2009/03/25/business/business_30098784.php

And remember Abhisit giving people 2000 baht "free" as so called economic stimulus ? Was that not vote buying ?

http://blog.nationmultimedia.com/ginola/2009/01/25/entry-1

Funny that when the Democrats/Abhisit borrow money from abroad and dish it out free its not "vote buying" in some peoples eyes, but if PTP buys rice from farmers at a higher price its all vote buying !!

Call it a rice subsidy, call it economic stimulus, call it a "used car buy back scheme", all governments all over the world do it.

All in my opinion of course.

A little knowledge is a dangerous thing - but you sadlyhave no knowledge. You think a country borrowing moey from a world wide economic monetary fund based on a countries fiscal policy is the same as making a lying pledge to do something you have no intention or ability to see through - my word do you sit cross legged on the floor when the head redshirt instructs your village of this? The truth today is that you would be better employed scaring crows in the fireld!!

Resorting to petty insults shows a lack of intelligence and also you are losing the discussion...................my opinion

[love1012]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

hahaha you are so desperate - if it is not for the profit of the farmers why would they join the scheme? The Government PROMISED three years ago that if farmers could not sell the rice at a market price they would make up the difference - I can SHOW you the advery if you wold like to see it

Your Thai maybe not perfect - mine IS!!

[LevelHead]

C'mon the Farmers, turn and bite. This is more significant than any bombings in BKK. When the red tide up north turns, the game must be up for the Family Business. The timing of this is probably worrying ShinCo, it couldn't have worked out worse. It almost seems as if it is planned and executed by Govt opposition. It will be such a gloriously delicious case of 'som nom naaaa' if it is the Rice Scham which takes the Government down ..... given enough rope, they hung themselves!!!!

After all the shootings and deaths in 2010, and after seeing these Bangkok people and Southerners spouting absolute filth and horrid remarks about Isaan in 2010 and 2013 and now 2014, there is zero chance, in my opinion, of any change in red feelings.

As has been said, Thaksin must be very happy with Suthep and Abhisit as they have turned what could have been a sticky patch into a solid united red vote PTP hoard, in my opinion.

Have you ever considered why YL and PTP tried to push the amnesty bill just at this moment in time, ever considered the response from the Democrats and Elite is just what they wanted and expected, and they fell into the trap and have now created a massive anti-Democrat Party feeling over most of Thailand ?

Just my view.

We see 2 million people turning out in Bangkok this week - many of them from Isaan - the truth today is that it has shown the depth of feeling against your puppet master who sits trying to control things from his penthouse. Massive anti democrat feeling in Bangkok? Remeber the Pheu Thai were virtually wiped out in Bangkok last election - only the red shirt Isan and Chiang Mai saved them!!

Is that a "YON" 2 million, so you mean 2000 then ?

At the very peak there was only 160,000.

Now its down to a few thousand hardcore.

Have you ever seen a crown of 250,000 ? Its much bigger than any photo's you have seen of Bangkok Protests........... 160,000 maximum in most peoples views was the peak !

[LevelHead]

The government has consistently said the rice scheme is not a money making machine. Yes, there is a late payment, but the government did not say it will not honour the late payments. Efforts are being made and you can see it is going to be sabotaged by the EC commissioners because they weighted more on political considerations than the livelihood of the people. The rice pledging scheme face many challenges that are of political nature.The farmers' protest proved that they need the money. They must not forget they need the scheme for the money as well. It is an ongoing huge scheme with many challenges that the EC commissioners is going to kill and blocking their payments.

Needing a subsidy isn't much help when it doesn't arrive. How about something radical, start working in an industry that pays enough to live on, instead of bludging on your fellow Thais and selling your votes to those willing to pander to you. This theory is also known as "get a haircut and a real job'".

It is a rice pledging scheme, not a subsidy. If it is, then there is no need to pledge, just hand out the money. If it is subsidy, the oppositions will scream as well.

Yes a pledging scheme not a subsidy. And elected caretaker PM/DM Yingluck has stated that the scheme does not make a loss. It's only an accounting loss she said, not a real loss.

As she is self stated running the country herself, she will no doubt explain all this to the NACC when they probe her.

It's bound to make a loss because more is being paid for the rice than it can be sold for. If that wasn't the case it wouldn't be needed. That isn't really the problem as all subsidies work like this. The problem is the amount of overpayment and the apparent corruption and lies that's dragging it down.

hahaha you are so desperate - if it is not for the profit of the farmers why would they join the scheme? The Government PROMISED three years ago that if farmers could not sell the rice at a market price they would make up the difference - I can SHOW you the advery if you wold like to see it

Your Thai maybe not perfect - mine IS!!

You recently signed up didn't you ?

And you have a very abrasive nature in my opinion, attacking people and being insulting (I have replied to one of your insults already)

Did you get banned before and now have signed up a new user name ? Genuine question.