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Originally posted by marg6043
reply to post by anonymousproxy
I am afraid it is, but they made a mistake, the got greedy and the agenda that started with the collapse of the Markets in the US and spread thought EU and Asia was not fast enough, they greedy banskters wants the governments to bend to their demands, to give away their rights to govern themselves.
But now the populations are rioting and fighting back their corrupted governments, the should have waited when the nations where starving to offer the loans at the expenses of nations sovereignty.
The people are not hungry and starved enough.
Here in the US we are lucky that our corrupted government can print money at will, as long as the SS and welfare checks are in the mail people just doesn't give a crap of how bad is turning all over the world, and neither they care how the government in the US making the citizens bailout about anything at the expenses of their unborn generations
Originally posted by SeekerofTruth101
That's a pretty wild allegation that you are making. Your percieved fact or a general fiction?
You mean something like this? Buying in bulk then distributing it cheaper to the poor?
Farmer Suree Kenanant, 43, of Khon Kaen's Mancha Khiri district, who received a pair of cows from the scheme in February, estimated that after the cows were given back to the SPV and the original cost of the cow is subtracted, she would make about Bt10,000 profit per cow.
But that Bt10,000 would be reduced by the SPV administration fees, she said, leaving about Bt7,000 to Bt7,500 - which works out to a paltry Bt416 a month - for the farmers who spend 18 months raising the cows. Taking into consideration expenses on animal feed over the period, the farmer could even come out worse off, she reckoned.
Originally posted by Hongkongphooey
This is not a battle between rich and poor as portrayed by the western media, which is an easy explanation but far from the truth. This is about MONEY, GREED and EDUCATION!
The educated people whether they are rich, middle class or poor are undoubtedly behind the Abhisit Democrat led Alliance which governs the country.
The battle has been caused by the greed and corruption ofd one man Thaksin Shinawatra! In all the years I have spent in Thailand, I have NEVER seen the Thai people divided the way they are today all caused by promises to the poor of the North and North East regions of get rich quick schemes, if they support Thaksins protests to bring down the government.
The protestors are lured by the promise of money, d
What did Thaksin do whilst in power to win the love of the people of Esarn (the poorest and most uneducated region in the North East) and the North? Well first he is from the Northern Capital of Chiang Mai and that wins him support of that region Whilst in power, he chose to reward those regions that supported him in elections by giving them access to government loans and larger budgets, whereas the places where they did not support Thaksin were punished.
The government loans that were given out to the poor were done on several conditions which included the money could be spent only on buying goods from government recommended vendors which were all owned of course by Thaksin with whispers to the poor 'don't worry this is a government loan, you won't have to pay the money back' The poor then went ahead borrowing large sums to buy cars, motorbikes, TV's, mobile phones etc., without any thought of who was going to pay (the tax payers). As Thaksin owned all the government recommended resellers guess who finanicially benefitted?
Thaksin had become Thailand's richest man on the back of much corruption and government favours, he was a corrupt policeman that went into business gaining government contracts through favour and was even involved in the devaluation of the currency in the 90's when he, Chavalit Yongchaiyut and Banharn Silapan-Archa (both former PM's) engineered the devaluation, sent all their own assetts overseas, then devalued the Baht by more than 100% and then brought their money back home having doubled their assetts overnight.
Even before he was kicked out of government by the military coup, he had sold his telecom company at vast profit and changed the law so that he did not have to pay approximately $1 billion in taxes, which is why the Thai courts froze his Thai banks accounts.
[edit on 15-5-2010 by Hongkongphooey]
Originally posted by SeekerofTruth101
Do you understand economics?