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BANGKOK 21 March 2019 15:22


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About jayboy

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  1. Disagree. He was an investment banker with a good reputation, and selling distressed assets after a financial crisis is exactly what investment bankers do. It's an essential way of cleaning out the system and though sometimes painful prepares the way for economic recovery. Why he hasn't gone far in politics is a separate issue. He was seen as being an accomplished and internationally respected Finance Minister under Abhisit. Other than that he hasn't had much of a chance after the Democrats' defeat and the Junta power grab. Some Thais on the inside will tell you he isn't that well connected with the power brokers (good for him I say) and perhaps he's seen as too patrician/foreign influenced. Some will say he hasn't got the charisma to get on well with farmers and lower paid types - I'm not sure about the last bit. He's got a pleasing and friendly personality. What might hold him back is his tribal loyalties to the old guard. Great politicians have to be prepared to upset their traditional followers and forge surprising alliances.
  2. It's a step in the right direction (though it would have even better if the investments were sold) but it's not enough because there is no transparency involved. As Korn Chatikavanij has pointed out, nobody knows what assets he owns and checks and balances cannot be done. If PM he would be able to influence policy to benefit himself, and nobody would be the wiser under a blind trust arrangement. If the trustees were completely independent - in a way that is quite hard to imagine in Thailand, that could be a way forward I suppose.
  3. I think all informed commentators have predicted a lower number of seats for PTP than in the past.No serious source has predicted a landslide. Part of this is due to internal PTP weaknesses, such as the absence of star quality leadership. But most of it is due to the determination of the Junta and the forces that back them to eradicate the influence of Thaksin whom they regard - wrongly I think - as an existential threat. The main objective since the military power grab has been to cripple the PTP. Trouble is for the Junta that the North and North East however much this sham election goes will always have a significant influence. But I think the forces of reaction have done enough to ensure that their precious coup will not be wasted. And the pressure cooker will keep on getting hotter.
  4. Fortunately, the British Government has a clear policy to deal with this issue.
  5. In the universal horror at this appalling crime, the usual left-wing suspects are quick in seeking to make political points. These can be summarised as follows. Anyone who has expressed some concern at mass immigration, the perils of multiculturism and Islamic terrorism is part of the problem and has contributed to the climate where the dreadful crime at Christchurch can occur. So in future please keep any reservations to yourself.
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