Troubled Thailand Moves Toward Stability, A Boon To Investors, As Voters OK Constitution

[williamgeorgeallen]

56 minutes ago, mania said:

"Troubled Thailand Moves Toward Stability, A Boon To Investors, As Voters OK Constitution"

 

Not everyone thinks so

 

http://time.com/4442731/thailand-new-consitution-referendum-vote/
 

 

well this article certainly seems more realistic, 20 referendums in the last 80 years with the same cycle being perpetuated. the vote next year will be interesting with the minority yellow shirts trying to influence their power over the red shirts who will almost certainly win.

[Kiwiken]

2 hours ago, williamgeorgeallen said:

well this article certainly seems more realistic, 20 referendums in the last 80 years with the same cycle being perpetuated. the vote next year will be interesting with the minority yellow shirts trying to influence their power over the red shirts who will almost certainly win.

Regardless of who wins unless they play the tune of the appointed Senate all Legislation can be vetoed. This is hardly condusive to the Democratic process and will leave this Country even more ham strung than it has been.What is more they cannot decide the PM this has to be approved so your Leader may not be the Prime Minister.

[williamgeorgeallen]

2 hours ago, Kiwiken said:

Regardless of who wins unless they play the tune of the appointed Senate all Legislation can be vetoed. This is hardly condusive to the Democratic process and will leave this Country even more ham strung than it has been.What is more they cannot decide the PM this has to be approved so your Leader may not be the Prime Minister.

hard to see how the reds are going to agree to all of this. next election is going to be interesting indeed. almost seems pointless having an election.

[TallGuyJohninBKK]

That's the whole point, as far as I understand it.

 

Under the newly adopted set-up, the elections will produce whatever the elections produce.

 

But through the appointments system and national security overrides,  the real power to govern will remain in the same hands and with the same interest groups.

[Hawk]

In a statement on Monday, Standard & Poor's Global Ratings said the level of political uncertainty in Thailand remained "significant," and the vote only reduced it "modestly."

 

So nothing has changed.