Bank Staff Criticised For Rejecting Redshirts Deposits

[Phatcharanan]

PS if your using the likes of facebook or microsoft or apple and or many other blue chip products your supporting the Shins as they own that stock .. lots of it

So every time you use facebook your contributing to the Shin wealth while the stocks rise....

Facebook? Really??

[Thai at Heart]

A bank refusing deposits?

Isn't there a law against that?

[casualbiker]

A bank refusing deposits?

Isn't there a law against that?

Dunno is there .. is this story reported in the same way in other papers?

This report seems to blame the BAAC branch. The video I saw looked more like someone being asked to leave because they were aggressive and disruptive.

but I could be wrong.

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[casualbiker]

Here's another take on the events of today.

http://www.thailandqa.com/forum/showthread.php?45303-Over-500-million-baht-in-bank-deposits-mobilized-by-government-supporters

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[casualbiker]

And then this :

"

the Deputy Commerce Minister urged the Bank for Agriculture and Agricultural Cooperatives (BAAC) to open a special deposit account for the farmers who have not received payments from the rice pledging program. He noted that people who wanted to help farmers could transfer money into that account and the BAAC could pay farmers. - See more at: http://oryza.com/news/rice-news/thailand-caretaker-prime-minister-denies-corruption-charges-rice-mortgage-program#sthash.6ZEtbTdV.dpuf

"

It would seem that the government wants normal Thai people to pay the rice AGAIN!

And amazingly the deputy commerce minister is non other than

Mr.Nattawut Saikuar

UDD leader and person putting pressure on the BAAC.

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Edited February 21, 2014 by casualbiker

[cdnvic]

Too many insults being hurled around here. Calm down please, and do not refer to people as "dogs" or your posting rights will be removed.

[JRSoul]

Surely the unasked part of this story is where a local red MP got 30 million baht in readies for a publicity stunt?

Sent from my iPad using Thaivisa Connect Thailand

He closed his a/c with GSB.

[ShannonT]

This is not the PDRC's fault. This highlights this is not the PDRC's fault. To reiterate, this is not Sutheps fault.

Blame the PTP and the Red Shirts. Start to show some accountability. The whole reason the regime is in this situation is because they have never accepted blame. Never said "We made a mistake". People make mistakes. It is human nature. I can see in a way why they won't admit it though. They are not human. They are dogs.

It's NEVER the PDRC's fault. Everything is ALWAYS the government's fault. Somebody watching a bit too much BlueSky tonight?

The Puea Thai and Red Shirts not being human is going a bit too far, even for someone like you, don't you think? But then again, this is the kind of brainwashing that Suthep and the PDRC do to people. Causing divide in the nation, stirring hate and branding insults in the minds of ordinary gullible people.

djjamie is a perfect example of a brainwashed foreigner, folks.

Whereas promising ordinary gullible people that they will be rich in six months (two and a half years ago) has just worked wonders hasn't it?

The poor rice farmers (assuming you're referring to them) have made more money in the past 3 years selling their rice to the government than they would have made by selling it to the rice mills that have ripped them off for the past decades.

For normal rice, they got about 10,500 Baht per tonne at the rice mills, while the government paid them 15,000 per tonne. For Hom Mali rice, the government even pays 20,000 Baht.

They didn't get "rich", but I don't think the government promised that anywhere. They however did get more money over the past years than they would have gotten by selling the rice to the rip-off mills.

The rice scheme has worked well for them for the past 3 years. I see people screaming that the government is bankrupt due to the rice scheme and that's just not the truth. There are many reputable sources that state quite the contrary. The Thai government is far from bankrupt. What you lose with one government program, you make up for with the next.

I am not saying that the rice scheme doesn't lose money, but anyone that thinks every government program only makes money and none of them lose any clearly has no idea. There are government programs in the US and EU that also lose money, but they make up for those losses elsewhere.

[casualbiker]

This is not the PDRC's fault. This highlights this is not the PDRC's fault. To reiterate, this is not Sutheps fault.

Blame the PTP and the Red Shirts. Start to show some accountability. The whole reason the regime is in this situation is because they have never accepted blame. Never said "We made a mistake". People make mistakes. It is human nature. I can see in a way why they won't admit it though. They are not human. They are dogs.

It's NEVER the PDRC's fault. Everything is ALWAYS the government's fault. Somebody watching a bit too much BlueSky tonight?

The Puea Thai and Red Shirts not being human is going a bit too far, even for someone like you, don't you think? But then again, this is the kind of brainwashing that Suthep and the PDRC do to people. Causing divide in the nation, stirring hate and branding insults in the minds of ordinary gullible people.

djjamie is a perfect example of a brainwashed foreigner, folks.

Whereas promising ordinary gullible people that they will be rich in six months (two and a half years ago) has just worked wonders hasn't it?

The poor rice farmers (assuming you're referring to them) have made more money in the past 3 years selling their rice to the government than they would have made by selling it to the rice mills that have ripped them off for the past decades.

For normal rice, they got about 10,500 Baht per tonne at the rice mills, while the government paid them 15,000 per tonne. For Hom Mali rice, the government even pays 20,000 Baht.

They didn't get "rich", but I don't think the government promised that anywhere. They however did get more money over the past years than they would have gotten by selling the rice to the rip-off mills.

The rice scheme has worked well for them for the past 3 years. I see people screaming that the government is bankrupt due to the rice scheme and that's just not the truth. There are many reputable sources that state quite the contrary. The Thai government is far from bankrupt. What you lose with one government program, you make up for with the next.

I am not saying that the rice scheme doesn't lose money, but anyone that thinks every government program only makes money and none of them lose any clearly has no idea. There are government programs in the US and EU that also lose money, but they make up for those losses elsewhere.

And what was the world market price?

the Miller and exporter has to make money as well.

ripped them off.. right!!

Agriculture subsidies occur all over the world true. But most help rather than hinder .. Thailand has gone from number 1 rice exporter to number 3. With the reputation of Thai high quality rice shattered due in the inefficiency and corruption endemic in the scheme. .. I don't think any one has a major problem with a well thought out agriculture subsidy scheme.

Also why was it only rice farmers that got the bulk of subsidies??

Sent from my XT1032 using Thaivisa Connect Thailand mobile app

[TVGerry]

This is not the PDRC's fault. This highlights this is not the PDRC's fault. To reiterate, this is not Sutheps fault.

Blame the PTP and the Red Shirts. Start to show some accountability. The whole reason the regime is in this situation is because they have never accepted blame. Never said "We made a mistake". People make mistakes. It is human nature. I can see in a way why they won't admit it though. They are not human. They are dogs.

It's NEVER the PDRC's fault. Everything is ALWAYS the government's fault. Somebody watching a bit too much BlueSky tonight?

The Puea Thai and Red Shirts not being human is going a bit too far, even for someone like you, don't you think? But then again, this is the kind of brainwashing that Suthep and the PDRC do to people. Causing divide in the nation, stirring hate and branding insults in the minds of ordinary gullible people.

djjamie is a perfect example of a brainwashed foreigner, folks.

Whereas promising ordinary gullible people that they will be rich in six months (two and a half years ago) has just worked wonders hasn't it?

The poor rice farmers (assuming you're referring to them) have made more money in the past 3 years selling their rice to the government than they would have made by selling it to the rice mills that have ripped them off for the past decades.

For normal rice, they got about 10,500 Baht per tonne at the rice mills, while the government paid them 15,000 per tonne. For Hom Mali rice, the government even pays 20,000 Baht.

They didn't get "rich", but I don't think the government promised that anywhere. They however did get more money over the past years than they would have gotten by selling the rice to the rip-off mills.

The rice scheme has worked well for them for the past 3 years. I see people screaming that the government is bankrupt due to the rice scheme and that's just not the truth. There are many reputable sources that state quite the contrary. The Thai government is far from bankrupt. What you lose with one government program, you make up for with the next.

I am not saying that the rice scheme doesn't lose money, but anyone that thinks every government program only makes money and none of them lose any clearly has no idea. There are government programs in the US and EU that also lose money, but they make up for those losses elsewhere.

What a load of crock. The government may not be bankrupt but the rice scam itself is. Pray tell, if everything is all sunshine and roses, why aren't the farmers getting paid? What's the point of having a gazillion tons of rice in stock when you can't even sell the rice to pay the farmers.

The scheme failed. The middlemen and the Shinwatra cronies got rich pilfering the rice while the poor farmers who were supposed to get helped got screwed instead.

[Yunla]

No joke, this photo looks like a Michelangelo painting, with the guy in a "frozen pointing pose" his arm pointed upward in that pointy-finger way that classic artists loved so much lol. Brilliant photo.

Edited February 21, 2014 by Yunla

[ShannonT]

The poor rice farmers (assuming you're referring to them) have made more money in the past 3 years selling their rice to the government than they would have made by selling it to the rice mills that have ripped them off for the past decades.

For normal rice, they got about 10,500 Baht per tonne at the rice mills, while the government paid them 15,000 per tonne. For Hom Mali rice, the government even pays 20,000 Baht.

They didn't get "rich", but I don't think the government promised that anywhere. They however did get more money over the past years than they would have gotten by selling the rice to the rip-off mills.

The rice scheme has worked well for them for the past 3 years. I see people screaming that the government is bankrupt due to the rice scheme and that's just not the truth. There are many reputable sources that state quite the contrary. The Thai government is far from bankrupt. What you lose with one government program, you make up for with the next.

I am not saying that the rice scheme doesn't lose money, but anyone that thinks every government program only makes money and none of them lose any clearly has no idea. There are government programs in the US and EU that also lose money, but they make up for those losses elsewhere.

And what was the world market price?

the Miller and exporter has to make money as well.

ripped them off.. right!!

Agriculture subsidies occur all over the world true. But most help rather than hinder .. Thailand has gone from number 1 rice exporter to number 3. With the reputation of Thai high quality rice shattered due in the inefficiency and corruption endemic in the scheme. .. I don't think any one has a major problem with a well thought out agriculture subsidy scheme.

Also why was it only rice farmers that got the bulk of subsidies??

Sent from my XT1032 using Thaivisa Connect Thailand mobile app

Instead of complaining about what Puea Thai hasn't done for this country, you should compare them with others like the Democrats before them.

I am not saying Puea Thai is perfect, but the best of the available options. If a better party comes along, I will gladly reconsider my opinion but it just doesn't exist right now.

And I stand by my opinion that the rice millers are ripping the farmers off, but it's like that in other countries as well, not just Thailand.

Normal Thai rice sells for about $1.70 per kilo in Europe, which is $1700 per tonne. Thai farmers get about $320 per tonne.

There isn't a whole lot done to the rice from when the farmers deliver it until it lands at the grocery store. Certainly not enough to justify a 500% increase.

Of course, other people might have a different opinion, but that's just mine.

[TVGerry]

Instead of complaining about what Puea Thai hasn't done for this country, you should compare them with others like the Democrats before them.

I am not saying Puea Thai is perfect, but the best of the available options. If a better party comes along, I will gladly reconsider my opinion but it just doesn't exist right now.

And I stand by my opinion that the rice millers are ripping the farmers off, but it's like that in other countries as well, not just Thailand.

Normal Thai rice sells for about $1.70 per kilo in Europe, which is $1700 per tonne. Thai farmers get about $320 per tonne.

There isn't a whole lot done to the rice from when the farmers deliver it until it lands at the grocery store. Certainly not enough to justify a 500% increase.

Of course, other people might have a different opinion, but that's just mine.

As I recall, the Dems had a scheme in which a price was set in place and if the farmers sold the rice for lower than that price, the government would pay them the difference. No muss, no fuss. No rice changing hands and rotting away in storage.

Look at this current scam. Set the prices too high and now you can't sell the rice and you can't pay the farmers. Admit it. The scheme FAILED miserably. It's amazing red idiots still have the cheek to defend it.

[johnthompson]

Anyone else finds peculiar that all these red shirt leaders are superrich. I mean this is a country where the average salary is like what.... 30-50k per month?

Yet the last few days I have seen red shirt leaders depositing millions and millions of baht at GSB, BAAC as if they are somehow better businessmen than people like Bill Gates, Steve Jobs, Warren Buffett.

[JRSoul]

Anyone else finds peculiar that all these red shirt leaders are superrich. I mean this is a country where the average salary is like what.... 30-50k per month?

Yet the last few days I have seen red shirt leaders depositing millions and millions of baht at GSB, BAAC as if they are somehow better businessmen than people like Bill Gates, Steve Jobs, Warren Buffett.

Some have MP salaries. But when you look at Jatuporn who has become a millionaire working as a 'political activist' it would seem that 'mercenary' should be included in any job title.

[smedly]

two things surprise me about this story

1. Last report I heard was that the BAAC was perfectly solvent and had billions of reserves - after reading this story I'm not so sure, if I had money savings there I'd be removing immediately

2. It is absolutely normal practise and international banking rules to ascertain where large sums of cash have originated - verify where this money came from, there is absolutely nothing wrong with that and is law

If these people just arrived with sacks filled with money then they need to provide evidence of where it came from

Here is another bank heading for the ropes early next week, now two government banks are about to collapse, where is the government going to get the money from to bail them out - 1997 here we go again -

and my current track record of predictions so far has been 100% - but there's always a chance I could be wrong

[thesetat2013]

I think a lot of people are reevaluating their loyalties right now....and many who where setting on the fence are jumping off to one side or the other.

I dont think its jumping off tje fence to one side at all since many of these people want nothing to do with Suthep. I think people have seen the light concerning this rice scheme and have decided enough is enough. When the gov started playing their games trying to borrow the peoples money the people got scared. Knowing YL and her scheme has already cleaned out the coffers they dont want their money gone also.

Cheers up for those employees who take a stand to protect he dimwitted REDS from making a mistake by taking a chance to lose more of their money on YLs scams ( i mean schemes)

Sent from my GT-S5310 using Thaivisa Connect Thailand mobile app

[Basil B]

Ha,Ha, Ha...

The intelligent thing to do would have been to ask them where they got the money? that what would happen in the UK if one was to deposit large amounts of money, as banks are required to do by anti money laundering legislation.

Edited February 21, 2014 by Basil B

[LuckyLew]

And just where did the 30 million come from?

If I was a bank manager and someone walked in with 30 million, I would want to know where it came from

Who are these people? related to 'scareface"

[Somtamnication]

Both idiots. The bank staff have no right to reject anything. The reds wanted to antagonize them.

[ShannonT]

Instead of complaining about what Puea Thai hasn't done for this country, you should compare them with others like the Democrats before them.

I am not saying Puea Thai is perfect, but the best of the available options. If a better party comes along, I will gladly reconsider my opinion but it just doesn't exist right now.

And I stand by my opinion that the rice millers are ripping the farmers off, but it's like that in other countries as well, not just Thailand.

Normal Thai rice sells for about $1.70 per kilo in Europe, which is $1700 per tonne. Thai farmers get about $320 per tonne.

There isn't a whole lot done to the rice from when the farmers deliver it until it lands at the grocery store. Certainly not enough to justify a 500% increase.

Of course, other people might have a different opinion, but that's just mine.

As I recall, the Dems had a scheme in which a price was set in place and if the farmers sold the rice for lower than that price, the government would pay them the difference. No muss, no fuss. No rice changing hands and rotting away in storage.

Look at this current scam. Set the prices too high and now you can't sell the rice and you can't pay the farmers. Admit it. The scheme FAILED miserably. It's amazing red idiots still have the cheek to defend it.

Why do you feel the need to insult me and call me an idiot just because we have different opinions?

[GeorgeO]

Like I just said in another thread, everyone hates the red shirts.....lol

What a gem of a report. I live in Korat, I will call in to that bank tomorrow and shake their hands.

The BAAC do not want these stupid stunts going on in their banks, they don't need to be pulled into the same crap that has seen the GSB have 105 billion baht of its net liquidity removed in 4 days, wonder how much after today?

These sort of stupid stunts can see a run on the BAAC as well, which only has 110 billion liquidity because the government have snatched away 180 billion liquidity already. It won't take much to break that bank either.

Well done BAAC, continue to just be a payment vehicle, but don't get dragged into sup[porting the scheme, lest you suffer the backlash from depositors.

I know some of the terrorist red supporting farang gang will try to mock my post regarding a run, but I suppose these will be the same people who mocked me when I was explaining what could happen to the GSB which I ended up being 100% correct..... By the way guys, I am still predicting the GSB going down, less than 50% liquidity remaining.

Edit: Wife just spoke to a friend on her facebook chat who works there, the girl who told them to get out, actually was praised by the manager. They want nothing to do with supporting the rice scam any more. I have told her to get a message to the girl, to meet us for a drink, I am buying.

First. netiquette. LOL means laugh out loud, which usually implies something funny has happened of being said. Lovely to see you laughing at your own statement. Glad you find it funny. Please explain what was funny about it? and send proof via youtube link that you were laughing out loud. and we'll make up our minds whether it was genuine

Such an intellegent post. Just continue to be a payment vehicle. don't worry about any money coming in... just pay it out. this from an alleged financial expert.

For non financial experts. spend spend spend, the amount going out has no impact on your finances and you don't need anything coming in. My wife might subscribe to that, but otherwise it's just you and your mates.

All the loons who are going to take their money out, have already done so.

It's all show, and it will amount to nothing.

Your rebuttal makes absolutely zero sense at all. I read it twice and am still at a loss for what the hell you are yarping on about.

One thing is for sure, you have no clue about finances if you did not understand what I was saying.

Maybe some others on the thread can decipher your nonsensical rant so I can understand it, and then pull it to pieces.

Just for your benefit.....

Ok I'll give you the argument.

Now please just answer the easy bit. What have you ever said that is funny and prove it.

Video yourself laughing at your opening line "Like I just said in another post, everybody hates the redshirts lol"

I understand if everything I said went over your head, I'm just interested in humour now. As an avid reader and watcher of comedy, I just can't fathom the LOL you used.... really

PP (or whoever you used to be), what is the point of this nonsense? If you have a problem with someone's posts, then PM them to discuss the issue. None of us are interested in whether he has used LOL correctly or not. This forum is for mature debate on important issues...!!

[TVGerry]

Instead of complaining about what Puea Thai hasn't done for this country, you should compare them with others like the Democrats before them.

I am not saying Puea Thai is perfect, but the best of the available options. If a better party comes along, I will gladly reconsider my opinion but it just doesn't exist right now.

And I stand by my opinion that the rice millers are ripping the farmers off, but it's like that in other countries as well, not just Thailand.

Normal Thai rice sells for about $1.70 per kilo in Europe, which is $1700 per tonne. Thai farmers get about $320 per tonne.

There isn't a whole lot done to the rice from when the farmers deliver it until it lands at the grocery store. Certainly not enough to justify a 500% increase.

Of course, other people might have a different opinion, but that's just mine.

As I recall, the Dems had a scheme in which a price was set in place and if the farmers sold the rice for lower than that price, the government would pay them the difference. No muss, no fuss. No rice changing hands and rotting away in storage.

Look at this current scam. Set the prices too high and now you can't sell the rice and you can't pay the farmers. Admit it. The scheme FAILED miserably. It's amazing red idiots still have the cheek to defend it.

Why do you feel the need to insult me and call me an idiot just because we have different opinions?

I wasn't calling you an idiot, I was calling the reds idiots.

[PaullyW]

As always one of issues in Thailand is that nothing is driven by ethics or law or concept. Everything is driven by clan allegiance. Does not matter what the clan leader says or believes, whatever he/she says even as it changes from day to day, the people will believe.

As far as Asian countries go, Thailand is normally top-heavy with the leaders having a very large responsibility for the downline people, but unlike better Asian countries with similar overall systems like Japan, Korea China etc Thailand's leaders are typically not very well educated and certainly not honest or ethical.

[smedly]

It's quite funny this - years ago when someone turned up at a bank with a big wad of cash and the bank wanted to know where it came from (which they are legally obligated to do >5k in the UK) they usually said I won it on the horses (bookies) but of course you can't really say that here lol

[rogerdee123]

Red Thaksinocracy in full show.

Will they be back with guns, tomorrow?

more likely M79's

[rogerdee123]

This is not the PDRC's fault. This highlights this is not the PDRC's fault. To reiterate, this is not Sutheps fault.

Blame the PTP and the Red Shirts. Start to show some accountability. The whole reason the regime is in this situation is because they have never accepted blame. Never said "We made a mistake". People make mistakes. It is human nature. I can see in a way why they won't admit it though. They are not human. They are dogs.

It's NEVER the PDRC's fault. Everything is ALWAYS the government's fault. Somebody watching a bit too much BlueSky tonight?

The Puea Thai and Red Shirts not being human is going a bit too far, even for someone like you, don't you think? But then again, this is the kind of brainwashing that Suthep and the PDRC do to people. Causing divide in the nation, stirring hate and branding insults in the minds of ordinary gullible people.

djjamie is a perfect example of a brainwashed foreigner, folks.

Whereas promising ordinary gullible people that they will be rich in six months (two and a half years ago) has just worked wonders hasn't it?

The poor rice farmers (assuming you're referring to them) have made more money in the past 3 years selling their rice to the government than they would have made by selling it to the rice mills that have ripped them off for the past decades.

For normal rice, they got about 10,500 Baht per tonne at the rice mills, while the government paid them 15,000 per tonne. For Hom Mali rice, the government even pays 20,000 Baht.

They didn't get "rich", but I don't think the government promised that anywhere. They however did get more money over the past years than they would have gotten by selling the rice to the rip-off mills.

The rice scheme has worked well for them for the past 3 years. I see people screaming that the government is bankrupt due to the rice scheme and that's just not the truth. There are many reputable sources that state quite the contrary. The Thai government is far from bankrupt. What you lose with one government program, you make up for with the next.

I am not saying that the rice scheme doesn't lose money, but anyone that thinks every government program only makes money and none of them lose any clearly has no idea. There are government programs in the US and EU that also lose money, but they make up for those losses elsewhere.

And what was the world market price?

the Miller and exporter has to make money as well.

ripped them off.. right!!

Agriculture subsidies occur all over the world true. But most help rather than hinder .. Thailand has gone from number 1 rice exporter to number 3. With the reputation of Thai high quality rice shattered due in the inefficiency and corruption endemic in the scheme. .. I don't think any one has a major problem with a well thought out agriculture subsidy scheme.

Also why was it only rice farmers that got the bulk of subsidies??

Sent from my XT1032 using Thaivisa Connect Thailand mobile app

Ah, but now there is the nub of the problem. How much does the miller deserve to make for his middle man.

I used to be one in another industry and the margins in thailand are very very handsome.

I agree with you. But this is just one Govt program which is the most obvious. There are all the other, i.e Flood prevention, etc they all need scrutiny and now this huge infrastructure proposal which you will probably admit is significantly big enough.

The growing perception (fear) is that the entire Govt is likely to be run like the rice scheme.

[aussieinthailand]

Like I just said in another thread, everyone hates the red shirts.....lol

What a gem of a report. I live in Korat, I will call in to that bank tomorrow and shake their hands.

The BAAC do not want these stupid stunts going on in their banks, they don't need to be pulled into the same crap that has seen the GSB have 105 billion baht of its net liquidity removed in 4 days, wonder how much after today?

These sort of stupid stunts can see a run on the BAAC as well, which only has 110 billion liquidity because the government have snatched away 180 billion liquidity already. It won't take much to break that bank either.

Well done BAAC, continue to just be a payment vehicle, but don't get dragged into sup[porting the scheme, lest you suffer the backlash from depositors.

I know some of the terrorist red supporting farang gang will try to mock my post regarding a run, but I suppose these will be the same people who mocked me when I was explaining what could happen to the GSB which I ended up being 100% correct..... By the way guys, I am still predicting the GSB going down, less than 50% liquidity remaining.

Edit: Wife just spoke to a friend on her facebook chat who works there, the girl who told them to get out, actually was praised by the manager. They want nothing to do with supporting the rice scam any more. I have told her to get a message to the girl, to meet us for a drink, I am buying.

SACK the staff that did this, You say don't get dragged into the politics of this situation, but isn't that exactly what the staff did? not to smart huh...

Staff should do their job. if you don't like the policy of the company you work for then move on,

[aussieinthailand]

i think very good.

we not need this people money.

REALLY, "you don't need these people money"

OK the donations that the south got from the people in the north after floods year after year, give it back,

Donations after the tsunami give it back, cause you don't need it, you should think about who grows the rice you eat the sugar you use, that also go in your beer so stop drinking that also you don't need it, also you should not use the 30 medical scheme as that would support a Thaksin policy, you can't use Swampy airport as that was a Thaksin project that finally finished it, also your kids can't borrow money from uni for their education as that also a Thaksin policy, the low interest loans to stop the loan sharking guess who YU'P Mr T, BE CAREFUL WHAT YOU WISH FOR YOU JUST MIGHT GET IT!!!!!

[whybother]

Instead of complaining about what Puea Thai hasn't done for this country, you should compare them with others like the Democrats before them.

I am not saying Puea Thai is perfect, but the best of the available options. If a better party comes along, I will gladly reconsider my opinion but it just doesn't exist right now.

And I stand by my opinion that the rice millers are ripping the farmers off, but it's like that in other countries as well, not just Thailand.

Normal Thai rice sells for about $1.70 per kilo in Europe, which is $1700 per tonne. Thai farmers get about $320 per tonne.

There isn't a whole lot done to the rice from when the farmers deliver it until it lands at the grocery store. Certainly not enough to justify a 500% increase.

Of course, other people might have a different opinion, but that's just mine.

The rice millers that have been ripping the farmers off for decades (and are still doing it) are owned by rich locals, not by the "Bangkok elite". The farmers need to be looking a bit closer to home to see who is ripping them off.