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Roy Baht

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  1. Funny how everyone hates 'Big Joke'. Even when he does something good (like ridding this country of pedos), he's hardly given credit for it. The headline for this article in Naew Na is 'บิ๊กโจ๊ก'ลุยหนองคายนำทีมบุกจับเฒ่าอังกฤษล่วงละเมิดทางเพศเด็กไม่เกิน 15 -- "'Big Joke' goes to Nong Khai, leads the team to catch an old Englishman for sexually abusing children up to 15" -- but ASEAN NOW drops "Big Joke" from the headline. Why is that? I'd go with "Big Joke Busts Brit Pedo In Nong Khai"
  2. Say what you will about the quality of the vaccine, they are giving it to rich Thais heading to Europe ahead of local Thais--or expats. Won't do anything to quell the sh*tstorm here.
  3. There's a moral hazard argument to be made (which I am sure no one in this forum will like) that runs like this: the more that banks are insured against losses, the more likely they are to behave recklessly or take unnecessary risks--because they know they will be bailed out. (The classic example of moral hazard is the "too big to fail" financial institutions in the United States.) On the other hand, if bank insurance is kept to a minimum, then banks are incentivized to behave responsibly--and not fail. Or if a bank does behave irresponsibly, it is allowed to fail. No government bailout. As for the people who lose money in that bank, well, they chose the wrong bank to put their money in. Caveat emptor. That is the theory at least--just putting it out there.
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