Scamper Posted February 6, 2014 Share Posted February 6, 2014 Indeed, the Yingluck administration's cheques to the rice farmers have bounced. As we learn more of the details of this scandal, it's now apparent that the journey into the insolvency stratosphere began over a year ago. When in government, this administration was able to successful dodge oversight scrutiny. Now that they are out of government ( officially since December 9 ) they are not, hence this unprecedented stream of revelations that have caught up with it. 1 Link to comment Share on other sites More sharing options...
animatic Posted February 6, 2014 Share Posted February 6, 2014 (edited) All the Thai people needed was for the 'true believers' and 'profit takers' riding on the PTP coat tails to finally see the reality of the decrepit horse they have been backing for far, far too long. The chickens are coming home to roost in no votes and protests that won't stop no matter the threats against them. Can PTP lock up 55% of the country's voters to prevent this backlash? Edited February 6, 2014 by animatic 1 Link to comment Share on other sites More sharing options...
carbine1125 Posted February 6, 2014 Share Posted February 6, 2014 Oh My God. As if it wasn't bad enough along come the Merry Millers. They will need to take a number soon as the queue is getting longer "He compared farmers’ rice vouchers they received from selling rice to receiving cheques from the government and the cheques turn dud." Huh? Cue posts from Red-leaning TV-posters, blaming the year-old default to the millers/warehouse-operators, on the Electoral-Commission ? Hahah or Suthep! Link to comment Share on other sites More sharing options...
Artisi Posted February 6, 2014 Share Posted February 6, 2014 Oh My God. As if it wasn't bad enough along come the Merry Millers. They will need to take a number soon as the queue is getting longer "He compared farmers’ rice vouchers they received from selling rice to receiving cheques from the government and the cheques turn dud." Huh? Cue posts from Red-leaning TV-posters, blaming the year-old default to the millers/warehouse-operators, on the Electoral-Commission ? Hahah or Suthep! If you ask any of the red-leaning TV poster, of course it's Suthep's fault along with every other problem that PTP has. Link to comment Share on other sites More sharing options...
Artisi Posted February 6, 2014 Share Posted February 6, 2014 All the Thai people needed was for the 'true believers' and 'profit takers' riding on the PTP coat tails to finally see the reality of the decrepit horse they have been backing for far, far too long. The chickens are coming home to roost in no votes and protests that won't stop no matter the threats against them. Can PTP lock up 55% of the country's voters to prevent this backlash? If they could, they would. 1 Link to comment Share on other sites More sharing options...
chainarong Posted February 6, 2014 Share Posted February 6, 2014 (edited) The roosters are coming home to roost alright, any one else owed money by this mob of corrupt thieves, sing out now while the pressure is on, (how many protests can a highway take), the PTP are a mob that the democrats should take to the high court with these range of corrupt issues for deregistration, don't be nice about it, throw the book at them, point out to the world the failures of the PTP, list them for the people with short memories, the PTP should be and their ministers banned for life from politics Edited February 6, 2014 by chainarong Link to comment Share on other sites More sharing options...
mightyatom Posted February 6, 2014 Share Posted February 6, 2014 The roosters are coming home to roost alright, any one else owed money by this mob of corrupt thieves, sing out now while the pressure is on, (how many protests can a highway take), the PTP are a mob that the democrats should take to the high court with these range of corrupt issues for deregistration, don't be nice about it, throw the book at them, point out to the world the failures of the PTP, list them for the people with short memories, the PTP should be and their ministers banned for life from politics Considering that they are causing massive collapses of the nation, I think the death penalty may well serve the situation better seeing as they want to make this an absolute deterrent for future corrupt officials. Why allow them to live just so they can all abscond into a life of luxury and then hand down whats left to their family in Thailand to enjoy? Farmers are killing themselves over this. I would not think twice about it. 1 Link to comment Share on other sites More sharing options...
Local Drunk Posted February 6, 2014 Share Posted February 6, 2014 It's gets more insane by the day here... Link to comment Share on other sites More sharing options...
belg Posted February 6, 2014 Share Posted February 6, 2014 here is an idea... why not export the rice to myanmar, cambodia, loas, vietnam again, where it came from ? sold at excellent fire sale prices Link to comment Share on other sites More sharing options...
Matthew2027 Posted February 6, 2014 Share Posted February 6, 2014 Were supposed to get 63k from New Car scheme on Monday!!!!!! I wont be holding my breath. Link to comment Share on other sites More sharing options...
thesetat2013 Posted February 6, 2014 Share Posted February 6, 2014 They'll be lucky. All rats deserting the sinking ship. Not long now.What about the rats eating all that rice. Thats the bonus you get when you buy it. No extra cost Sent from my GT-S5310 using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
Bluespunk Posted February 6, 2014 Share Posted February 6, 2014 So about 800 Billion spent, but so far : - Farmers not paid - Millers not paid - Bank not paid Have the checked in the drawers because there must be some 800 Billion Baht laying around.. You know what ? Let's blame the Democrats for it. Or the EC. Link to comment Share on other sites More sharing options...
peterbkk9 Posted February 6, 2014 Share Posted February 6, 2014 And yet people keep voting for the PTP Link to comment Share on other sites More sharing options...
gabruce Posted February 6, 2014 Share Posted February 6, 2014 The figures I have worked out are 2 baht per month per sack which is (I think) a 50kg sack. so 4 bt per 100kg 40bt per ton 40 M bt per 1 million tons 400M bt per 10 million tons 2 Bn bt per 50 million tons All of this is for ONLY 1 month 4.6Bn bt per 10 million tons per year On top of the 140% price they paid per ton and does not include transport costs. Small money compared to the profit they expect when they sell the rice 50 years from now! 2 Link to comment Share on other sites More sharing options...
fxe1200 Posted February 6, 2014 Share Posted February 6, 2014 They need to take Yingluck's passport away asap The money is in Dubai already, and she will follow soon. Link to comment Share on other sites More sharing options...
amse Posted February 6, 2014 Share Posted February 6, 2014 (edited) But the farmers haven't been paid yet, so if the millers take stored rice in payment, that means the millers are stealing rice from the farmers. Edited February 6, 2014 by metisdead Bold font removed, please do not make it a habit to post in bold fonts. Link to comment Share on other sites More sharing options...
billd766 Posted February 6, 2014 Share Posted February 6, 2014 But the farmers haven't been paid yet, so if the millers take stored rice in payment, that means the millers are stealing rice from the farmers. Or they are stealing it from the government who actually don't have the money to pay anyone but themselves. On a slight aside I wonder if they have the money to pay for the elction as well? Link to comment Share on other sites More sharing options...
MunterHunter Posted February 6, 2014 Share Posted February 6, 2014 Queue Red Shirt Leaders calling them 'Fake Millers' 1 Link to comment Share on other sites More sharing options...
Jeremy50 Posted February 6, 2014 Share Posted February 6, 2014 'And so it was that later, as the miller told his tale that her face at first just ghostly, turned a whiter shade of pale.' Link to comment Share on other sites More sharing options...
kikoman Posted February 6, 2014 Share Posted February 6, 2014 Perhaps send the storage-invoices to Dubai, with an Overdue-for-Payment reminder ? Just when you think the news about the rice-scheme can't possibly get any worse, lo-and-behold it does, yet again ! Why would you say it is getting worse, the middleman is the one driving up the cost of rice, The article smells of a rat or rats trying to take advantage of the unpaid farmers, The quote he said for rice at 15,000 baht per ton only applies to Jasmine rice, as Jasmine rice is not grown locally the highest allowed price is 12,000 baht per ton here in Central Thailand and in our village top quality local rice for 11,000 baht a ton, I have heard some local were able to mortgage their rice for 12,000 baht per ton! some for lower quality rice about 9,000 baht per ton. A red flag was his comment that the international market price of 8000 baht a ton is incorrect, the current market price for Thailand's 5% broken is $450.25 per ton a little over 14000 baht per ton, the 8000 baht quote is for 100% broken that market price is 8,505 baht per ton!. The price for Vietnam rice of the same quality is presently at 12,660 baht a ton. So he is manipulating the price of the rice.Check out the market prices yourself, if it is an issue! Cheers 1 Link to comment Share on other sites More sharing options...
SOTIRIOS Posted February 6, 2014 Share Posted February 6, 2014 ...shameful..... ...one has to wonder....aren't any of this government's acts.............. criminal.....??? Link to comment Share on other sites More sharing options...
AleG Posted February 6, 2014 Share Posted February 6, 2014 Now, as reported elsewhere, the Commerce Minister is asking the millers to pay 50% of the owed money to the farmers.... the mind boggles. Link to comment Share on other sites More sharing options...
BSJ Posted February 6, 2014 Share Posted February 6, 2014 Now, as reported elsewhere, the Commerce Minister is asking the millers to pay 50% of the owed money to the farmers.... the mind boggles. Clutching at straws......anyone? Link to comment Share on other sites More sharing options...
englishoak Posted February 6, 2014 Share Posted February 6, 2014 Seems a good idea, the rice millers have the rice already they want it as payment instead of cash... fine just deduct it from stocks and it financially costs the gov nothing how easy is that ? More sensible solutions like this please. Link to comment Share on other sites More sharing options...
whybother Posted February 6, 2014 Share Posted February 6, 2014 Seems a good idea, the rice millers have the rice already they want it as payment instead of cash... fine just deduct it from stocks and it financially costs the gov nothing how easy is that ? More sensible solutions like this please. One major difficulty with this solution is agreeing on a price. Link to comment Share on other sites More sharing options...
Ulic Posted February 6, 2014 Share Posted February 6, 2014 Simple, bring in the forensic accountants, follow the money, jail the guilty parties that benefited illegally from the rice program. Then end the program it's just stupid. 2 Link to comment Share on other sites More sharing options...
Artisi Posted February 6, 2014 Share Posted February 6, 2014 Now, as reported elsewhere, the Commerce Minister is asking the millers to pay 50% of the owed money to the farmers.... the mind boggles. It's possible, very possible, that the millers have already been given some forward payments as part of the scam. Lets face it, they aren't the poor farmers who have zero bargaining power and just do what they are advised is the right thing to do at the time, like send us your rice - we will pay you well for it - trust us, we are Thai politicians and your hero and benefactor say's it's Ok. . Link to comment Share on other sites More sharing options...
MrSlatersParrot Posted February 6, 2014 Share Posted February 6, 2014 Simple, bring in the forensic accountants, follow the money, jail the guilty parties that benefited illegally from the rice program. Then end the program it's just stupid. I guess the Common Agricultural Policy is stupid too. It's been around for 50 years now. In a civilised society it pays to look after your farmers otherwise if they don't who's going to feed you? 1 Link to comment Share on other sites More sharing options...
namatjira Posted February 6, 2014 Share Posted February 6, 2014 musical chairs, but one day it will stop. somebody is going to win, does not look like the rice farmers will. the rich get richer and the poor get the picture Link to comment Share on other sites More sharing options...
moe666 Posted February 6, 2014 Share Posted February 6, 2014 I love it the reds never appear on a thread about the rice scam, I am still waiting for GK to tell us what went wrong especially after his big post several years ago how successful the rice scam would be. 1 Link to comment Share on other sites More sharing options...
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