Thread: Coup 2014 !!!! : Military 'takes control' in Thailand

Originally Posted by Mr Lick

they blocked PT from using the banks to pay the farmers

To be fair, would any company loan money to an organisation that have been involved in corruption to the tune allegedly, between 450-800 Billion baht?


In the UK, the government used taxpayers money to rescue the banks, without any consultation I might add. Quite incredibly, the taxpayers have been paying for that loan ever since.

If I were a saver/investor I wouldn't be happy in my cash being handed over to a corrupt institution like PT in order to allow them to continue in office. The banks, quite correctly made that decision in order to protect their clientele

It's a good point. As you mentioned, our governments paid out, as the government is one connected entity the does the elected governments bidding. I think it was corrupt, but that's how governments work.

The Thai courts/banks didn't stop paying due to some moral imperative on their part, it was political.

The junta got the money and are paying the farmers; I'm pleased about that for the sake of the farmers, but I also feel that it should not have been previously blocked by the courts.

^^ thing is, Prayuth is going to do exactly that, isn't he?

Originally Posted by Bettyboo

It's a good point. As you mentioned, our governments paid out, as the government is one connected entity the does the elected governments bidding. I think it was corrupt, but that's how governments work.

The Thai courts/banks didn't stop paying due to some moral imperative on their part, it was political.

The junta got the money and paid it; I'm pleased about that for the sake of the farmers, but I also feel that it should not have been previously blocked by the courts.

Remember when you talk about being a saver/investor that Thailand has some special situations in that regard where a commercial bank takes money from the tax payer and doesn't need to pay it back...

THanks for the info Betty, you sure know a lot about this stuff. Can you remind us about the court case that blocked the banks loaning money to the government? I'm sure you're totally correct but the way you describe isn't the way I remember it going down. Are you sure the courts blocked the banks from loaning money?

Also, please elaborate on these 'government departments' you mention and their culpable role in preventing the banks from making a loan. Thanks, your ample contribution is appreciated, its so good that the person at the forefront of this discussion knows his stuff so well and is also completely neutral and unbias.

Well fuck, I guess schools will be open tomorrow.

Originally Posted by Bettyboo

It's a good point. As you mentioned, our governments paid out, as the government is one connected entity the does the elected governments bidding. I think it was corrupt, but that's how governments work.

The Thai courts/banks didn't stop paying due to some moral imperative on their part, it was political.

Jeeze Boo. Please do some reading. The government did not ask for the loans. The acting government did!!

The government could have got the loans, the acting government could not. Basically, an acting government cannot raise special funds, only a government can, which is why the loan attempt was kicked back. Yingluck should have sorted the loan, paid the farmers THEN thrown in the towel.

Under the acting governemnt, basically only recurring payments can be made - which is why people still get salaries. Special projects must be in the October budget (which is why it is a big thing) OR approved by a sitting government - NOT an acting one.

It is also one of the reasons why the PT would only settle for a quick election, they needed to be in power when the october budget was set so they could paper over all the crack.

Originally Posted by nidhogg

The government could have got the loans, the acting government could not. Basically, an acting government cannot raise special funds, only a government can, which is why the loan attempt was kicked back. Yingluck should have sorted the loan, paid the farmers THEN thrown in the towel.

Is this what you meant by that court case BB? Agree, like I said before go and do some reading coz its pretty obvious you're grasping for air here.

See elsewhere that HM will endore the coup tomorrow.......

Originally Posted by 9999

THanks for the info Betty, you sure know a lot about this stuff. Can you remind us about the court case that blocked the banks loaning money to the government? I'm sure you're totally correct but the way you describe isn't the way I remember it going down. Are you sure the courts blocked the banks from loaning money?

Also, please elaborate on these 'government departments' you mention and their culpable role in preventing the banks from making a loan. Thanks, your ample contribution is appreciated, its so good that the person at the forefront of this discussion knows his stuff so well and is also completely neutral and unbias.

Your trolling is boring, but it is an interesting read and subject. It's quite a web... Here is an easy link for you:

2013

Basically, the NACC drove the collapse of this scheme and forced the non-payments.

Here are some other links that give various details:

Thai PM under fire as rice scheme sinks, poll challenged | Reuters

During a speech on Tuesday, Yingluck said anti-government protesters were manipulating the farmers to join their ranks. “The farmers are now in the middle of a political game being played by the protest leaders, who are refusing to follow the democratic and legal path,” said Thailand’s first female prime minister, adding that she was “very upset” by the delay to rice payments.
Thailand: Anti-Corruption Commission Presents Charges to Embattled PM Yingluck - TIME

This link is interesting:

Thai Rice Subsidy to Expire - WSJ.com

It's a complex web, PT mismanaged and the NACC/EC were delighted to legally intervene to block the payments (very late payments) that are now being paid by the junta.

Also, with China pulling out due to the NACC investigation, that offers a very interesting political angle too.

It was a political battle from start to finish with all sides trying to benefit, nobody much interested in the farmers as anything other than political pawns; very sad and typical of Thai politics.

Originally Posted by nidhogg

See elsewhere that HM will endore the coup tomorrow.......

Yeah. It's called the "Bangkok Post"

Originally Posted by nidhogg

Jeeze Boo. Please do some reading. The government did not ask for the loans. The acting government did!!

The government could have got the loans, the acting government could not. Basically, an acting government cannot raise special funds, only a government can, which is why the loan attempt was kicked back. Yingluck should have sorted the loan, paid the farmers THEN thrown in the towel.

Yes, you are right. They shoud've made sure the farmers were paid before dissolving parliament. The PAD and their allies outplayed them.

Originally Posted by 9999

Is this what you meant by that court case BB?

Originally Posted by Bettyboo

The Thai courts/banks didn't stop paying due to some moral imperative on their part, it was political.

Yes, the NACC court case which stopped them from getting the loan and paying the farmers - the NACC were a legal tool for the PADites; this has been highlighted numerous times in numerous places, so shouldn't be new news to you.

^
Would all these trolls not agree that there was a full court press to ensure the government COULDN'T find the money to pay farmers? Would any of the trolls not agree that the EC and CC were part of a dirty little play to push out the government? Would any of these trolls not agree that the army was in play the whole time, waiting for instructions on timing to drive home the fatal blow?

Ah, no of course not.. that would spoil their bullshit little gripes

To me the most interesting difference in this coup and the previous one is (as BBC and others point out) is that everyone in the world can see this - and so can everyone in Thailand now. And that's a lightning rod..

Originally Posted by Tom Sawyer

Originally Posted by nidhogg

See elsewhere that HM will endore the coup tomorrow.......

Yeah. It's called the "Bangkok Post"

Yes...all predictable.
Nothing new.

Dear the Society for the protection of Yingluck.

The Rice money has been owed for over a year. the scheme /scam has been labelled as a financial disaster by everyone globally for 18 months now. In your ignorance, you seem to think that this is something recent, and those dastardly yellows have concocted this to cause a coup. Well, for sure, the yellows are scum as well, however, the link you are trying to make is impossible to make.

Your, with kind regards

Reality.

Originally Posted by Bettyboo

Yes, the NACC court case which stopped them from getting the loan and paying the farmers - the NACC were a legal tool for the PADites; this has been highlighted numerous times in numerous places, so shouldn't be new news to you.

It's not news and thanks for confirming. So this court thing, was it the elected government that was ruled against?

Would a democrat government in similar circumstances have got the loans?

^
Of course. Then again, a Democrat Government would never have offered loans to rice farmers.

Now then if it were rubber farmers on the other hand, almost certainly. They'd all have long last names of course. Chaiphoomleerathanaprhakhon family needs a loan cause the rubber prices have dropped below market value. But hang on, isn't the Chaiphoomleerathanaprhakhon a very rich family living in the deep south? Yes, but they 'need' the loan..

^^ these are good questions - and we all know the answer, hence why some of this trolling is so ridiculous. Whatever party, group or ideology you support, it's clear that everything that has happened from 2006 to now has been a group effort against PT and with zero regard for the nation.

Originally Posted by 9999

So this court thing, was it the elected government that was ruled against?

Yes it was.

Just think, if between them they had put the farmers first and got the loans out, how much that would have benefited Thais in need; but no political gain there...

Originally Posted by Dandyhole

Would a democrat government in similar circumstances have got the loans?

would a democrat government have proposed such a mindless scam to win votes in the first place?

Originally Posted by Tom Sawyer

^
Would all these trolls not agree that there was a full court press to ensure the government COULDN'T find the money to pay farmers? Would any of the trolls not agree that the EC and CC were part of a dirty little play to push out the government? Would any of these trolls not agree that the army was in play the whole time, waiting for instructions on timing to drive home the fatal blow?

Ah, no of course not.. that would spoil their bullshit little gripes

It wouldn't surprise me one bit if the loans were refused to help heap pressure on Yingluck and her cronies.

They should never have been given that opportunity in the first place though as that money should have been paid up long before that point. That is wasn't lies firmly at the feet of Yingluck's government, no matter what excuses you might try to make.

Originally Posted by pseudolus

Originally Posted by Dandyhole

Would a democrat government in similar circumstances have got the loans?

would a democrat government have proposed such a mindless scam to win votes in the first place?

Well let's just say they had or similar, would they have got the loans?

Originally Posted by Bettyboo

Just think, if between them they had put the farmers first and got the loans out, how much that would have benefited Thais in need; but no political gain there...

Can't disagree there. The govt. made a shitty promise for political gain. They failed and couldn't get funding. The first move the military makes is to pay the farmers because their hands are not tied as with the govt.

But how can you try deflect from your side and paint the army in the light you have? If they didnt pay the farmers and cited the reason as they do not wish to act for political gain what is your reaction?

Stop nitpicking at every move as some conspiracy against the plight of the people and the reds. It was a good move and the only move. You would have them not pay the farmers???

^^^
And your proof that it was held back by PTP is what? They were headed off at every opportunity.