Day 16-Bangkok Beatdown Running Down Rundown?
Day 16-Bangkok Beatdown
Running Down Rundown?Well, if you read yesterday's post, with the shocking revelation of Thai incompetence, ignorance and greed negatively impacting the whole Thai nation, you can understand why the Yingluck-RedShirts have lost part of their support constituency, and Bangkok's businesses are formally and informally taking action-steps to get this destructive, spiteful BICKERING off the table, under the rug, on the back burner... ANYTHING to get back to 'business as usual' or 'corruption as usual', but NOT 'stagnation and obstruction as usual!'
Really, I thought America's dictatorial government had morons for its Detroit 'Whiz-Kid' team (who frowned when experienced design engineers told them their suggested gasoline-electric hybrid was impractical because of the Laws of Physics, responded with: "Who is this Fizziks guy? We're with Obama, we'll get his laws repealed!') but Thailand outdid them with that goofy Rice Scheme (buy Thai rice at premium prices to keep its voter-base happy, then hold it off the world market, and Presto! the price of rice goes UP, Thailand sells and everybody's happy!).
Because, as we now see, Thailand's 17 MILLION TONS of high-cost rice is still sitting in storage, after buyers used, oh, FIVE MINUTES ONLINE to legally CUT/END their contracts for Thai rice, and bought elsewhere, at which point India released TEN MILLION TONS of quality rice onto the global market and Thailand slipped from #1 to #2 position in world rice production, just barely ahead of Vietnam! [Moody's says this could cost 8% of Thailand's GDP this year! Wow! Smooth move, Thailand! ]
So even if there is no illegality, this is still a seriously bone-headed, STUPID and ARROGANT effort by Yingluck's RedShirts!
Stay tuned, we're nearing the end of the month, Chinese and Thai New Years are coming up, and a lot of business big-wigs are looking today to smack the government upside its collective head!