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    1. 36

      60 Minutes blasted after replacing harris word salad…

      Here's another. A young person of color is walking down the street and gets stopped by a pollster who asks who will they vote for. The person takes in the blonde hair, blue eyes and the paper-white complexion of the pollster, then glances around and sees people who resemble those January 6 patriots, and realizes their's is the only dark skin within sight. "I'm going to vote for the racist guy, yessir!" These things are ALWAYS suspect IMO. E.g., they come out with a poll result that 95% of the people believe in God. You will not be told that the poll was taken in front of a Catholic church on a Sunday morning. And then there is the fun stuff. In the primary a few months ago Biden was running unapposed; a third-party candidate's name was on the ballot but she had dropped out. For a laugh I voted for her, a New Age charlatan. The laugh will be when all is said and done and the electorate data has been analyzed someone will claim that there is a growing trend of acceptance for magical-mystical grifter candidates. But if today a pollster would ask the question of me I would say I'd vote for DT because I want the Dems/libs to be so scared that they get off their butts and VOTE.
      bendejo in Political Soapbox
    2. 45

      Reasons of change

      Your logic is a bit odd, bro. What you are talking about is like feeding stray dogs that expect everyone to give them roast beef sandwiches without doing anything. I downloaded Grab one day after my now wife and I asked 10 taxis to take us home (30 minute trip) and use the meter. Now I only use Grab or Bolt. If a taxi stops and asks me where I am going, I ignore them. If they are persistent, I tell them to F off. It's funny because it's true! I totally agree. How does that work?
      keysersoze276 in Pattaya
    3. 45

      Reasons of change

      Admittedly, I took a regular taxi today. Only because I was standing outside a hopsital on crutches with a broken leg. One of the hospital staff members told the driver where I was going and helped me into the car. Foolishly, I assumed it was legit. two blocks down the road I notices he hadn't turned on the meter. He asked for 500 baht. I refused. He begged and also begged to take the tollway which cost 110 baht and took 12 minutes longer than taking the main roads. They are required by law to use the meter. If most of them are breaking the law and overcharging, why use their service. And why in the h@!! would you tip them? I rarely tip because they rarely use the meter with no questions asked. In those rare circumstances, I let them keep the change or give a small tip. With the driver today the total was 322. NOT 500. As I was transferring the money and he demanded and begged for 400, so I tipped him the exact amount. Regular taxis should be grateful to even have a passenger. Not overcharging and refusing to use the meter or denying people rides. Both actions are illegal and the public has been encouraged to report the drivers.
      keysersoze276 in Pattaya
    4. 93

      Why Are You Even Here? The Surprising Attitudes of Some Expats in Thailand

      Erm, no!
      JamesPhuket10 in ASEAN NOW Community Pub
    5. 45

      Reasons of change

      This is exactly why taxis and grab drivers have been in so many very violent brawls. The Grab drivers must do their job according to the price. They get to choose to accept and pick you up or not. You can tip them if you like, but they cant overcharge or demand tips like taxi drivers do almost every time.
      keysersoze276 in Pattaya
    6. 93

      Why Are You Even Here? The Surprising Attitudes of Some Expats in Thailand

      Oh no, not another one please, no it is not standard for Thai women to be the dominant partner, that job is left up to American women as I saw on the two occasions I worked in the USA. My Thai partner cooks both Thai and Farang food at home and she and I decide ourselves what we each want to eat. Have you not noticed a large number of Western restaurants all around Thailand, they are frequented by Thais mostly as they are well outside of the tourist areas.
      JamesPhuket10 in ASEAN NOW Community Pub
    7. 112

      Thai Police Bust Multi-Million Baht Sex Toy Smuggling Ring

      did they smuggle it in the country through varioud bodily orifices?
      digbeth in Thailand News
    8. 45

      Reasons of change

      Your logic is a bit odd, bro. What you are talking about is like feeding stray dogs that expect everyone to give them roast beef sandwiches without doing anything. I downloaded Grab one day after my now wife and I asked 10 taxis to take us home (30 minute trip) and use the meter. Now I only use Grab or Bolt. If a taxi stops and asks me where I am going, I ignore them. If they are persistent, I tell them to F off. It's funny because it's true! I totally agree.
      keysersoze276 in Pattaya
    9. 45

      Reasons of change

      Your logic is a bit odd, bro. What you are talking about is like feeding stray dogs that expect everyone to give them roast beef sandwiches without doing anything. I downloaded Grab one day after my now wife and I asked 10 taxis to take us home (30 minute trip) and use the meter. Now I only use Grab or Bolt. If a taxi stops and asks me where I am going, I ignore them. If they are persistent, I tell them to F off. It's funny because it's true! I totally agree.
      keysersoze276 in Pattaya
    10. 6

      Thai woman sends husband to prison for raping 13 year old niece

      Her actions in reporting the crime will (hopefully) result in him being sent to jail, so not totally inaccurate.
      shy coconut in Isaan News
    11. 45

      Reasons of change

      Your logic is a bit odd, bro. What you are talking about is like feeding stray dogs that expect everyone to give them roast beef sandwiches without doing anything. I downloaded Grab one day after my now wife and I asked 10 taxis to take us home (30 minute trip) and use the meter. Now I only use Grab or Bolt. If a taxi stops and asks me where I am going, I ignore them. If they are persistent, I tell them to F off.
      keysersoze276 in Pattaya
    12. 112

      Thai Police Bust Multi-Million Baht Sex Toy Smuggling Ring

      hmmm
      fondue zoo in Thailand News
    13. 10

      Why Doesnt "Me Too" Apply to Democrats?

      He doesn't deny it happened https://nypost.com/2024/10/11/us-news/doug-emhoff-brushes-off-reports-he-forcefully-struck-ex-girlfriend-as-a-distraction-in-first-public-response-to-allegations/
      Yagoda in Political Soapbox
    14. 123

      Why Do You Even Drink?

      I'm pretty much done with alcohol and coffee now. Neither of them do much for me anymore.
      shdmn in ASEAN NOW Community Pub
    15. 93

      Why Are You Even Here? The Surprising Attitudes of Some Expats in Thailand

      You are right to a certain extent, the funny thing is according to the majority of Thais we all come from the same country, which is "farangLand", it does not matter if we are Russian, English, American, etc we are all farangs, we all have the same culture, I find it funny so don't take it as I am complaining. Also, the article is a little bit simplistic, there are lots of overlapping cultures in Thailand, the Thais in the south see themselves as completely different culturally to say the people from Isaan and vice versa, they even have completely different dialects and languages and would not understand each other if they were speaking in their local dialects to each other. I laughed once as I knew an Australian in Phuket for a few years and he went to Thai language school a few times a week, after a year he said he had learned a lot of standard Thai but it was not much use with his wife and her friends as they all spoke Laos (Isaan) to each other. Well-off Educated Thais do not mix with the less educated ones unless they are "conchies" (spelling?) working for them, even then, they eat at different tables as is the case when they are on a car trip with a Thai full time driver and they stop to eat. I have seen that firsthand on many occasions. In the late 1980's I was sitting in a very large house in Bangkok, it was owned by the ex-vice-president of Thailand, we were there to invite him to our upcoming marriage ceremony in Bangkok, a "conchie", came into the room with a tray of refreshments for us but saw we were sitting down so she got on her knees, walked on her knees across the large room and presented us with the drinks, I was shocked but the ex-president took it as being normal. Do Thais become very British for example when they live in the UK for decades, do they fit in and learn how to talk straight, become orderly and logical, do they heck like, they take what suits them just as the rest of us do, I have also seen this first-hand many times. So as long as we accept we will never be seen as or be accepted as a Thai, have to continue to get annual visa extensions, and 90-day reporting then all is fine but I do not intend to sit and look through rose-tinted glasses thinking I have been accepted as a local, that will never happen. But as I said I have accepted this as a fact, nowhere in the world is perfect, 99% of life here is great. Leave your wealth, and money in your home country as it is almost guaranteed we will have to go back there when very old, don't do as many do and burn the bridges to the only country which will look after them to some level when that old age point arrives.
      JamesPhuket10 in ASEAN NOW Community Pub

BOT soaks in positives from Moody's report

Lite Beer
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Lite Beer Legendary Member

Lite Beer

Posted
Posted

BOT soaks in positives from Moody's report
Erich Parpart
The Nation

BANGKOK: -- The Bank of Thailand (BOT) believes that the latest Moody's report is more positive than negative.

Moody's Investors Service said yesterday that Thailand's debt-carrying capacity and monetary policy management remain the country's core strengths but warned that its strong rating fundamentals is increasingly challenged by the current political situation.

Moody's explained in its report that the Kingdom's government bond rating (Baa1) is still being supported by the government's strong financial position and its credit metrics remain well positioned when compared to rating peers. However, if the political situation prolongs into the second half of the year, it could lead to a lowering of the country's credit rating.

Negative factors

A significant rise in government funding cost, sharp deterioration in the balance of payments, and a significant loss of international reserves will also have a negative impact on the country's bond rating, according to Moody's.

However, BOT said that Moody's comments are more positive than negative, as it had said in its report that the current political deadlock and protests are not currently at the point as to prompt rating downgrades. It said the report had also praised the country's monetary policy as suitable for strengthening the country's financial position.

"Are they really warning us or praising us? Moody's have basically reaffirmed that Thailand's outlook is stable and that is something that they have always said," BOT spokesperson Roong Mallikamas said.

Moody's reported that Thailand's debt-carrying capacity, which stems from pro-active and credible debt and monetary policy management, would still play a big part in stabilising the country's financial position. It believes the deeply polarised domestic political situation poses the main challenge for its key credit strengths and economic growth.

Moody's expects Thailand's gross domestic product to grow less than 3 per cent on average in 2014 and 2015 due to delays in public and private investment and dampened consumer confidence. It noted that the expected economic growth rate for these two years is well below the average of 3.8 per cent growth in the past 10 years.

Besides the slowing down of economic growth, Moody's also anticipates cyclical pressures on Thailand's banking sector from the challenging macroeconomic environment and the continued political crisis, which had led to the slowdown of credit growth and resulted in the deterioration of some asset quality.

The good news is that external vulnerabilities on the country's economy are limited by its high foreign exchange reserves in relation to short-term external debt payments while improvements in the political climate and governance that support long-term stability should be enough to increase the country's credit rating in the future.

Progress in strengthening public sector finances such as reducing the budget deficit and off-budget spending as well as limiting contingent fiscal liabilities associated with populist measures would also improve the Kingdom's rating, according to Moody's.

nationlogo.jpg
-- The Nation 2014-04-26

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WoopyDoo Silver Member

WoopyDoo

Posted
Posted

Both the BoT and Moodys need to get their heads out of their ar-ses.

Thailand has zero financial strengths.

When the bubble finally pops in China, Thailand is screwed. Not only that.. Politics and polarization of the nation will keep Thailand unstable for possibly decades.

Look at all the wealth and prosperity of the UK and USA Both politically stable countries........ POP!!!

In a matter of weeks.

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meatboy Ruby Member

meatboy

Posted
Posted

saw a report on the English channel[nbt] VAT is going UP. and the tax revenue is much much LOWER than expected.this by moody's must have been done before all the anouncements.

Finance Minister: VAT to remain at 7%. http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5704250010013

thanks for that ayg that was Thursday,perhaps he's had a change of heart on Friday,the report I saw was 2am.this morning.

mind you I did buy new glasses.

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jayjayjayjay Gold Member

jayjayjayjay

Posted
Posted

Both the BoT and Moodys need to get their heads out of their ar-ses.

Thailand has zero financial strengths.

When the bubble finally pops in China, Thailand is screwed. Not only that.. Politics and polarization of the nation will keep Thailand unstable for possibly decades.

Look at all the wealth and prosperity of the UK and USA Both politically stable countries........ POP!!!

In a matter of weeks.

Your not only a PDRC <deleted>, your a financial nobody. That's all the time Im wasting!

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Benmart Platinum Member

Benmart

Posted
Posted

Both the BoT and Moodys need to get their heads out of their ar-ses.

Thailand has zero financial strengths.

When the bubble finally pops in China, Thailand is screwed. Not only that.. Politics and polarization of the nation will keep Thailand unstable for possibly decades.

Look at all the wealth and prosperity of the UK and USA Both politically stable countries........ POP!!!

In a matter of weeks.

Yes, when the economic tsunami comes crashing down for China, Thailand and its neighbors will be running for fiscal high ground, only to find the gates are shut and barred.
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SheungWan Gold Member

SheungWan

Posted
Posted

Both the BoT and Moodys need to get their heads out of their ar-ses.

Thailand has zero financial strengths.

When the bubble finally pops in China, Thailand is screwed. Not only that.. Politics and polarization of the nation will keep Thailand unstable for possibly decades.

Look at all the wealth and prosperity of the UK and USA Both politically stable countries........ POP!!!

In a matter of weeks.

Gosh! Its only a matter of weeks! Lay up the tins of spam now!

Meanwhile back in the real world Moody's have pointed out the political headwinds hanging over the Thai economy and that prediction of a sub-average growth figure is cause for concern. Unfortunately the body politic is somewhat distracted right now.

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