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Yingluck appears at first hearing of rice pledging scheme trial


webfact

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... and in the mean tine we want to ensure justice for all and for Ms. Yingluck the change to explain her 'self-financing' RPPS in court.

Which is of course nothing to do with my post above. What a surprise.

Absolutely!

Then why waste everyone's time by posting?

Totally by accident of course, but you seem to have removed part of my reply. The part which shows I'm trying to get back to the topic.

"Still wondering what happened inside the courtroom this first hearing in the RPPS related case with charge of 'negligence' ".

Of course it gave you the opportunity to post something of no value to the topic. Makes you feel good I guess? Have a nice day.

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... and in the mean tine we want to ensure justice for all and for Ms. Yingluck the change to explain her 'self-financing' RPPS in court.

Which is of course nothing to do with my post above. What a surprise.

When you have hundreds of billions unaccounted for ??? go against the law passing a bill illegally at 4am, being managed from Dubai--and a PM that rarely chaired a meeting-------This to me is not governing as sworn in to do so---total neglect of duty---YOU will ALWAYS get intervention. ( and especially when a red army is mobilizing ) You think an election is possible to solve this ?? because you cannot have a party guilty of the diabolical governing standing again--because it has to be brought to account.

Mind this has been said so many times you minority agenda people wish to overlook this and are out just PM bashing on a daily basis.

Nothing is going to happen here until some mega sort out has happened. Do not bash other posters bash the shins for putting Thailand in this position.

Still waiting on this mega sort out.

Are you not posting with an "agenda"? 'Opinion' is in fact a more accurate term, certainly in my case.

Absolutely! Now does anyone here have info on the procedings that first day ?

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Yes, it was intended to be self-financing, but it didn't work out as expected. This was largely due to the rapid decline in rice prices after implementation

attachicon.gifCapture.JPG

In the early 80's NZs National government implemented their 'Think Big' policies, touted to be self-financing due to the high price of oil. Unfortunately the oil price dropped substantially leaving the NZ taxpayer with a $7 billion debt. The party was voted out at the next election.

Try to understand that the charge of negligence is related to their lack of action in the 2.5 years AFTER the price of rice dropped.

BTW planning yo borrow trillions to prop up a failed policy doesn't count as a positive action.

They were in the process of adjusting the pledging price when the Suthep (& Prayuth) circus rolled into town.
what a load of sh.., sorry misinformation
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Yes, it was intended to be self-financing, but it didn't work out as expected. This was largely due to the rapid decline in rice prices after implementation

attachicon.gifCapture.JPG

In the early 80's NZs National government implemented their 'Think Big' policies, touted to be self-financing due to the high price of oil. Unfortunately the oil price dropped substantially leaving the NZ taxpayer with a $7 billion debt. The party was voted out at the next election.

Try to understand that the charge of negligence is related to their lack of action in the 2.5 years AFTER the price of rice dropped.

BTW planning yo borrow trillions to prop up a failed policy doesn't count as a positive action.

They were in the process of adjusting the pledging price when the Suthep (& Prayuth) circus rolled into town.
what a load of sh.., sorry misinformation

http://www.thaiembassy.sg/press_media/news-highlights/rice-pledging-price-to-be-cut-by-20-percent

This clearly shows their intention to adjust the price. Even though they didn't proceed with the price cut in the first instance, they were in the process of easing the cuts into the scheme. As usual, we do not know how things would have panned out due to the coup-happy military.

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Revisionists getting their misinformation in early. By the time of the coup the scheme had collapsed into utter failure. Farmers weren't being paid, rice was rotting due to an appalling failure to think ahead and prepare storage spaces for the rice, the export industry was in tatters and corruption rampant throughout the scheme.

It was never going to be reformed as the whole debacle of a scheme had collapsed.

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CY7pIZJUsAA4ar8.jpg

Lest we forget what this is really all about...............

not bothered about what really happened are you

As Ms. Yingluck posted on her facebook page "democracy died" and that was on the day she was asked to show that responsibility and accountability she was always you full of.

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Try to understand that the charge of negligence is related to their lack of action in the 2.5 years AFTER the price of rice dropped.

BTW planning yo borrow trillions to prop up a failed policy doesn't count as a positive action.

They were in the process of adjusting the pledging price when the Suthep (& Prayuth) circus rolled into town.
what a load of sh.., sorry misinformation

http://www.thaiembassy.sg/press_media/news-highlights/rice-pledging-price-to-be-cut-by-20-percent

This clearly shows their intention to adjust the price. Even though they didn't proceed with the price cut in the first instance, they were in the process of easing the cuts into the scheme. As usual, we do not know how things would have panned out due to the coup-happy military.

I think it was during the impeachment process that either Ms. Yingluck's legal team or Pheu Thai stated they couldn't drop the scheme or adjust it because it was a 'valid' election promise.

Still before the Yingluck tried to 'adjust' they already had spend at least 623 billion Baht

http://www.establishmentpost.com/the-house-of-shinawatra-teeters-in-the-wake-of-impeachment-updated/

And AFTER the Yingluck Administration had 'decided' to keep pledge prices unchanged Ms. Yingluck stated that for 2013/2014 270 billion Baht was required and financing had been secured. BAAC warned a few times and in December after Ms. Yingluck had dissolved the House she came with the question 'Uh, sorry but could we borrow 130 billion Baht for the RPPS'. Imagine that even with 'all in order' in September 2013 the government already stopped payments.

Edited by rubl
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http://www.thaiembassy.sg/press_media/news-highlights/rice-pledging-price-to-be-cut-by-20-percent

This clearly shows their intention to adjust the price. Even though they didn't proceed with the price cut in the first instance, they were in the process of easing the cuts into the scheme. As usual, we do not know how things would have panned out due to the coup-happy military.

As your linked announcement is undated, how do you know this is not the cancelled attempt to reduce prices? the reduction is the same IIRC.

The included statement that payouts are limited to B500,000 shows their continued desire to help the "poorest" farmers.

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http://www.thaiembassy.sg/press_media/news-highlights/rice-pledging-price-to-be-cut-by-20-percent

This clearly shows their intention to adjust the price. Even though they didn't proceed with the price cut in the first instance, they were in the process of easing the cuts into the scheme. As usual, we do not know how things would have panned out due to the coup-happy military.

As your linked announcement is undated, how do you know this is not the cancelled attempt to reduce prices? the reduction is the same IIRC.

The included statement that payouts are limited to B500,000 shows their continued desire to help the "poorest" farmers.

they didn't pay a lot of farmers at all for about a year. a couple commited suicide.
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http://www.thaiembassy.sg/press_media/news-highlights/rice-pledging-price-to-be-cut-by-20-percent

This clearly shows their intention to adjust the price. Even though they didn't proceed with the price cut in the first instance, they were in the process of easing the cuts into the scheme. As usual, we do not know how things would have panned out due to the coup-happy military.

"we do not know how things would have panned out due to the coup-happy military."

Yet Ms Yingluck called an election, six months before the coup, something is wrong with your time-line if you want to blame the military for her failure to cut the scheme's prices, when she tried to earlier ? wink.png

She did want to cut the prices, she even half-tried, but her supporters wouldn't let her, and so she caved-in. Nothing to do with the military or the later coup !

But I'd perhaps give her some credit, for seeing by then that her brother's scheme had failed, and was unsupportable on ever-more borrowed-money !

Edited by Ricardo
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