1) nowhere in that paper they said the expected repayment rate to be only 10%.
Yes it was was 92.3% repayment rate ( 100%-7.7% over due) so yeah, you are not going to see the 10% repayment because it was a concept, so what are you complaining about??
2) I’m not going to argue silly point about converting 90% loss into a gain by looking at it form another angle. Have you tried preaching this to your local money lenders?
Yet again you either misread or misunderstood me here, I said the 10% success will be convert into something bigger, not the 90% lost. Moreover, this is not something being done by local money lender (or the shark loan lender who charge 20% daily interest) but that done by the government so you argument doesnt even make sense.
3) I’m not going to argue overall merits of Village Fund either, not the time, not he place.
Yeah you shouldn’t, why did you even want to argue in the first place??
Julian I think you are being a bit selective with your report.
No one seems to know where the cannisters came from – or rather make a claim of ownership.
So whilst you might be right, your comment is speculation.
Second, there was yet again a major problem when Arisman – he of Pattaya fame – along with some of his troupe, managed to storm their way into the parliament building – that was also all over normal TV, as was the cannister event.
If either of these incidents was the trigger for the SOE, I would think the second one, would be of far greater importance.
Further, it would appear Arisman’s actions were illegal.
It is also interesting to hear Dr. Weng try to distance Arisman’s actions from the UDD.
Please paint the whole picture – not just the red bits.
Thanks
An interesting remark by Gen Songkitti in the Bangkok Post: “The armed forces are duty-bound to protect the country’s sovereignty, especially to provide security for the royal family, and to help the people. The military are the people,” In other words: The armed forces are duty-bound to help the military!
This afternoon Abhisit/Suthep was very embarrassed when two gas canisters thrown by unknown men from within parliament compound into the Red Shirts crowd failed to explode. The reds of course got mad and stormed the parliament building, only to find an M-16 assault rifle and several pistols within the building. All this was shown live by the reds TV station, which can easily win an award for covering events during the past few days. The reds then decided to leave and return to their base in Rajprasong area and tell the whole story.
This must be one of the main reasons why the state of emergency had to be announced. Will there be a crackdown on the reds ? Let’s wait and see but the crowd kept getting bigger at both Phanfa and Rajprasong areas as soon as the announcement was made.
“the paid, the poor, the corrupt, the stupid, and the gullible”
Hahaha- like that. Khun Sawarin, you have covered just about everything the self-ordained “educated” (Thais and non-Thais) described the Red Shirts and the Red-oriented.
Wait no further… enter politics. Your country needs people like you. Thailand should be run by leaders who love their own people, not narrow-minded pygmies with strong contempts of their fellow nationals.
Abhisit just announced the State of Emergency at about 6 pm Wednesday the 7th of April. But instead of staying home, more and more Bangkokians are going to the Reds’ rallying points at Phanfa/Rajdamnern and Rajprasong, now already accommodating tens of thousands of protesters. So will we still see him as PM at the end of this week ?
1) nowhere in that paper they said the expected repayment rate to be only 10%.
2) I’m not going to argue silly point about converting 90% loss into a gain by looking at it form another angle. Have you tried preaching this to your local money lenders?
3) I’m not going to argue overall merits of Village Fund either, not the time, not he place.
I think I have nothing to add anymore on this particular subject.
guys, just reading your to and fro on the village scheme
it seems to me its a great decentralised way of forcing the elite serving loan sharks from siphoning off funds from the villagers and taking their land away as well, which is why the land entrepreneurs hate the idea
meanwhile I just came across this article referenced by bangkok pundit and recommend a very sobering read…
banrachawong
Look, I never said that I’m not grateful when King Chulalongkorn establish the university, although the purpose of setting up the university then was to provided education for the elite aristocrat but that’s beside the point. The reason not to use the donated equipment was because they don’t want to look at it as a charity???? what kind of sick mind would think that way??? A university is suppose to be a place where people come to expand their horizon, to step out of their comfort zone and see the world from a different angle, to learn what is not taught in school and main stream media, NOT a place where you go and flex your ego! .
Furthermore, read my post carefully, I never said that you are not Thai, I said that I’m sure your ancestor are not 100% Thai, what is being “Thai” in your definition?? being born here?? in my definition being “Thai” means someone who cares about the country called Thailand and wants to improve and move it in a right way, so what if they are foreigners?? the whole reason why they are here and start expressing their thought was because they care, much more so than those Thais university students who indulge their parents’ money in the shopping arcade , if they dont care you would probably see them around Soi Cowboy by now, what do they get from arguing with you??.
The whole “us” against “them” perception is very wrong and I advised you to refrained from looking to the world from that prospective.
Khunpenkrai – Sorry but I cannot live in a fantasy would, I have to work and live in the real world, thx for invitation anyway. Moreover, my research went further than 2006, the roots of this problem might be trace back to 1932 perhaps?
Noone from the red tricky shirt was killed last April…
But…normal bankokians were killed by red bad shirts…
There were no harm caused by Apisith’s govt…we were safe under his command against red shirts…(Farangs are too panic)
Ashame that you have to live in a gray world…come and live in our world, a happy life for good ones…
Too bad I left out the explanation on balancing the left and right brain that makes some of gray people confused. Don’t you live with balancing the both brain? gee… I thought you already knew…
So…do the researcher stop exploring on this new messy mandala things?
Your objective is in doubt…why 2006 after Taksin’s were out?
Take my advice and do something more creative…
Also you guys here…just for amuse hanging in here…but not for goods ok?
1,000 Reds protesters stormed Thai parliament today (w/ a few MPs scaling walls to escape) and Thailand’s SET Index jumps past the 800 mark! On Mar-11-2010 on the eve the Red protests that index was at 725. Impressive! More than 10% increase since the voodoo bloodletting rites by the Reds.
Clearly the foreigners and the investors don’t think too highly of the Reds capabilities for mischief . . . and that is meant as a compliment to the Reds .Or perhaps because their declared 1.0 million marchers-target were woefully short by a whopping 900,000 and kept on dwindling by the day.
Whatever the reason, Thaksin’s voodoo has again failed him.
I trust Khun Vichai that it was none of your family, friends and friends who were themselves part of this pernicious practice. Keep up your wonderful posts – how much are you getting paid for them?
StanG – you see this is why you dont understand, you only look at this as a one side lost, but you dont look at how much the 7 Billion will, later on, turn to be (maybe) a 700 Billion worth of small and large conglomerates. That 70 billion losses it worth to risk (however, actual project is only Baht 2 Billion in size).
Anyway about the fail to repay, I didnt say that I encourage the borrower the miss their payment, I simply said the the concept is that if 1 success case emerge out of 10 cases then it is worth the try. Furthermore, about that regard, I happened to came across a draft research http://www.cid.harvard.edu/neudc07/docs/neudc07_s3_p08_boonperm.pdf
However, it is a “draft” after all so take it with a grain of salt.
Anyway, what I want to point out is that if you notice in Table 1 of the research. The overdue was around 7%, extremely low comparing with commercial bank about one year default of 3-4%. Of cause, if you are talking about the whether this is the most efficient way to deal with poverty, the answer is inconclusive, but is it better than other attempt in the past? yes it does.
I found the quoted excerpt included in Khun Vichai’s post to be quite interesting. I know Shawn Crispin personally and we are of the same ilk. It has been rumoured that the Asia Times Online has a friendly relationship with Khun Sondhi Limtongkul so maybe that is the reason why it serves the interests of the PAD quite well. But let’s just keep that to ourselves as we don’t want anyone to reach the conclusion of ATO being the mouthpiece of a particular political group. I just hope that Shawn and other defenders of the Yellow Shirt movement step up our campaign of information, factual reporting and objective commentary/analyses because we are losing the battle and the war for hearts and minds. I would say that almost 80% of my friends and colleagues residing overseas have expressed pro-Red Shirt positions after reading and listening to all the UDD propaganda being picked up by the foreign media. Guess what? They actually believe that we amart should listen to and acknowledge the “legitimate” grievances of peasants!
By the way, with regards to the current Red Shirt rent-a-crowd, I did the same thing with my students and employees back in 2006 and then again in 2008. I offered certain financial incentives to them for joining me and other die-hard Yellow Shirts at our peaceful marches and sit-ins. We especially enjoyed ourselves both at Government House and at Suvarnabhumi International Airport (it was NOT an act of terrorism but rather an exercise in civil disobedience, nothing illegal). Guess what? It worked. I was able to bring over consistently a cohort of 20+ people to the rally sites and therefore more than satisfy my quota. In fact, I received a warm pat on the back from Khun Sondhi himself.
@chris beale
voting is not the only way of influencing people and I think you know that.
@chris beale & Media War
I apologize for making such a claim about history of Thailand. How naive of me to talk about some story that no one alive has actually withnessed. I am also too humble to “think out of the box “and recite secondhand history right out of some history book (did you really read my comment?). I think this is the very problem of how some westerners always think they know better than us and think that they are liberated. Always thinking out of the box that sometimes forget to take a good look at what was in the box in the first place.
@Tarrin
What about when our King Chulalongkorn gave us our university? Why are you not grateful? But when some foreigner handed you some new equipments because they take pity on us you are forever grateful? (Has it ever occurred to you that maybe no one wants to use those equipments because he/she does not want a charity?)
I think you must be reading the same history book as chris beale and MediaWar or maybe you were actually there 5000 years ago. I am more disturbed hearing from you asking whether or not I am a 100%Thai. This coming from a Thai person. What is happenning to us? This proves my point of how some western influence does not come only with the right to vote.
StanG. How many times do most Thais have to express their wish at the ballot box, for you to get the simple fact into your head, that they do not wish to be trodden down by the likes of you?
Facebook 
Twitter 
Soundcloud 
Youtube 
Rss
State of Emergency in Bangkok
Where does Anupong fit in the circles of influence?
Bangkok or bust, Part 1
StanG –
1) nowhere in that paper they said the expected repayment rate to be only 10%.
Yes it was was 92.3% repayment rate ( 100%-7.7% over due) so yeah, you are not going to see the 10% repayment because it was a concept, so what are you complaining about??
2) I’m not going to argue silly point about converting 90% loss into a gain by looking at it form another angle. Have you tried preaching this to your local money lenders?
Yet again you either misread or misunderstood me here, I said the 10% success will be convert into something bigger, not the 90% lost. Moreover, this is not something being done by local money lender (or the shark loan lender who charge 20% daily interest) but that done by the government so you argument doesnt even make sense.
3) I’m not going to argue overall merits of Village Fund either, not the time, not he place.
Yeah you shouldn’t, why did you even want to argue in the first place??
State of Emergency in Bangkok
http://www.youtube.com/watch?v=VdIWueuTmkY
ROFL…
State of Emergency in Bangkok
Julian I think you are being a bit selective with your report.
No one seems to know where the cannisters came from – or rather make a claim of ownership.
So whilst you might be right, your comment is speculation.
Second, there was yet again a major problem when Arisman – he of Pattaya fame – along with some of his troupe, managed to storm their way into the parliament building – that was also all over normal TV, as was the cannister event.
If either of these incidents was the trigger for the SOE, I would think the second one, would be of far greater importance.
Further, it would appear Arisman’s actions were illegal.
It is also interesting to hear Dr. Weng try to distance Arisman’s actions from the UDD.
Please paint the whole picture – not just the red bits.
Thanks
State of Emergency in Bangkok
An interesting remark by Gen Songkitti in the Bangkok Post: “The armed forces are duty-bound to protect the country’s sovereignty, especially to provide security for the royal family, and to help the people. The military are the people,” In other words: The armed forces are duty-bound to help the military!
State of Emergency in Bangkok
This afternoon Abhisit/Suthep was very embarrassed when two gas canisters thrown by unknown men from within parliament compound into the Red Shirts crowd failed to explode. The reds of course got mad and stormed the parliament building, only to find an M-16 assault rifle and several pistols within the building. All this was shown live by the reds TV station, which can easily win an award for covering events during the past few days. The reds then decided to leave and return to their base in Rajprasong area and tell the whole story.
This must be one of the main reasons why the state of emergency had to be announced. Will there be a crackdown on the reds ? Let’s wait and see but the crowd kept getting bigger at both Phanfa and Rajprasong areas as soon as the announcement was made.
Imagining a new mandala in mainland Southeast Asia
“the paid, the poor, the corrupt, the stupid, and the gullible”
Hahaha- like that. Khun Sawarin, you have covered just about everything the self-ordained “educated” (Thais and non-Thais) described the Red Shirts and the Red-oriented.
Wait no further… enter politics. Your country needs people like you. Thailand should be run by leaders who love their own people, not narrow-minded pygmies with strong contempts of their fellow nationals.
Bangkok or bust, Part 1
Abhisit just announced the State of Emergency at about 6 pm Wednesday the 7th of April. But instead of staying home, more and more Bangkokians are going to the Reds’ rallying points at Phanfa/Rajdamnern and Rajprasong, now already accommodating tens of thousands of protesters. So will we still see him as PM at the end of this week ?
Bangkok or bust, Part 1
Tarrin,
1) nowhere in that paper they said the expected repayment rate to be only 10%.
2) I’m not going to argue silly point about converting 90% loss into a gain by looking at it form another angle. Have you tried preaching this to your local money lenders?
3) I’m not going to argue overall merits of Village Fund either, not the time, not he place.
I think I have nothing to add anymore on this particular subject.
Bangkok or bust, Part 1
guys, just reading your to and fro on the village scheme
it seems to me its a great decentralised way of forcing the elite serving loan sharks from siphoning off funds from the villagers and taking their land away as well, which is why the land entrepreneurs hate the idea
meanwhile I just came across this article referenced by bangkok pundit and recommend a very sobering read…
http://us.asiancorrespondent.com/bangkok-pundit-blog/2009/05/thailand-turns-into-indonesia-and-vice.html
would be interested in your views
Imagining a new mandala in mainland Southeast Asia
banrachawong
Look, I never said that I’m not grateful when King Chulalongkorn establish the university, although the purpose of setting up the university then was to provided education for the elite aristocrat but that’s beside the point. The reason not to use the donated equipment was because they don’t want to look at it as a charity???? what kind of sick mind would think that way??? A university is suppose to be a place where people come to expand their horizon, to step out of their comfort zone and see the world from a different angle, to learn what is not taught in school and main stream media, NOT a place where you go and flex your ego! .
Furthermore, read my post carefully, I never said that you are not Thai, I said that I’m sure your ancestor are not 100% Thai, what is being “Thai” in your definition?? being born here?? in my definition being “Thai” means someone who cares about the country called Thailand and wants to improve and move it in a right way, so what if they are foreigners?? the whole reason why they are here and start expressing their thought was because they care, much more so than those Thais university students who indulge their parents’ money in the shopping arcade , if they dont care you would probably see them around Soi Cowboy by now, what do they get from arguing with you??.
The whole “us” against “them” perception is very wrong and I advised you to refrained from looking to the world from that prospective.
Khunpenkrai – Sorry but I cannot live in a fantasy would, I have to work and live in the real world, thx for invitation anyway. Moreover, my research went further than 2006, the roots of this problem might be trace back to 1932 perhaps?
Bangkok or bust, Part 1
Noone from the red tricky shirt was killed last April…
But…normal bankokians were killed by red bad shirts…
There were no harm caused by Apisith’s govt…we were safe under his command against red shirts…(Farangs are too panic)
See this movie too know more of Thai
http://konthaithemovie.com/
Sorry if you cannot understand Thai…
We happened to have our own language…too bad some of you do not
Imagining a new mandala in mainland Southeast Asia
Ashame that you have to live in a gray world…come and live in our world, a happy life for good ones…
Too bad I left out the explanation on balancing the left and right brain that makes some of gray people confused. Don’t you live with balancing the both brain? gee… I thought you already knew…
So…do the researcher stop exploring on this new messy mandala things?
Your objective is in doubt…why 2006 after Taksin’s were out?
Take my advice and do something more creative…
Also you guys here…just for amuse hanging in here…but not for goods ok?
Profits to be made?
1,000 Reds protesters stormed Thai parliament today (w/ a few MPs scaling walls to escape) and Thailand’s SET Index jumps past the 800 mark! On Mar-11-2010 on the eve the Red protests that index was at 725. Impressive! More than 10% increase since the voodoo bloodletting rites by the Reds.
Clearly the foreigners and the investors don’t think too highly of the Reds capabilities for mischief . . . and that is meant as a compliment to the Reds .Or perhaps because their declared 1.0 million marchers-target were woefully short by a whopping 900,000 and kept on dwindling by the day.
Whatever the reason, Thaksin’s voodoo has again failed him.
Anti-pro-democracy
I trust Khun Vichai that it was none of your family, friends and friends who were themselves part of this pernicious practice. Keep up your wonderful posts – how much are you getting paid for them?
Bangkok or bust, Part 1
StanG – you see this is why you dont understand, you only look at this as a one side lost, but you dont look at how much the 7 Billion will, later on, turn to be (maybe) a 700 Billion worth of small and large conglomerates. That 70 billion losses it worth to risk (however, actual project is only Baht 2 Billion in size).
Anyway about the fail to repay, I didnt say that I encourage the borrower the miss their payment, I simply said the the concept is that if 1 success case emerge out of 10 cases then it is worth the try. Furthermore, about that regard, I happened to came across a draft research
http://www.cid.harvard.edu/neudc07/docs/neudc07_s3_p08_boonperm.pdf
However, it is a “draft” after all so take it with a grain of salt.
Anyway, what I want to point out is that if you notice in Table 1 of the research. The overdue was around 7%, extremely low comparing with commercial bank about one year default of 3-4%. Of cause, if you are talking about the whether this is the most efficient way to deal with poverty, the answer is inconclusive, but is it better than other attempt in the past? yes it does.
Anti-pro-democracy
I found the quoted excerpt included in Khun Vichai’s post to be quite interesting. I know Shawn Crispin personally and we are of the same ilk. It has been rumoured that the Asia Times Online has a friendly relationship with Khun Sondhi Limtongkul so maybe that is the reason why it serves the interests of the PAD quite well. But let’s just keep that to ourselves as we don’t want anyone to reach the conclusion of ATO being the mouthpiece of a particular political group. I just hope that Shawn and other defenders of the Yellow Shirt movement step up our campaign of information, factual reporting and objective commentary/analyses because we are losing the battle and the war for hearts and minds. I would say that almost 80% of my friends and colleagues residing overseas have expressed pro-Red Shirt positions after reading and listening to all the UDD propaganda being picked up by the foreign media. Guess what? They actually believe that we amart should listen to and acknowledge the “legitimate” grievances of peasants!
By the way, with regards to the current Red Shirt rent-a-crowd, I did the same thing with my students and employees back in 2006 and then again in 2008. I offered certain financial incentives to them for joining me and other die-hard Yellow Shirts at our peaceful marches and sit-ins. We especially enjoyed ourselves both at Government House and at Suvarnabhumi International Airport (it was NOT an act of terrorism but rather an exercise in civil disobedience, nothing illegal). Guess what? It worked. I was able to bring over consistently a cohort of 20+ people to the rally sites and therefore more than satisfy my quota. In fact, I received a warm pat on the back from Khun Sondhi himself.
It’s amazing what money can do in this country!
Occupation of the malls – UPDATED
I agree with StanG and think that MediaWar really need to expand his/her horizon rather than being trapped in some conspiracy theories.
p.s. I have contributed to the number of visitor in your blog and am really worried
Imagining a new mandala in mainland Southeast Asia
@chris beale
voting is not the only way of influencing people and I think you know that.
@chris beale & Media War
I apologize for making such a claim about history of Thailand. How naive of me to talk about some story that no one alive has actually withnessed. I am also too humble to “think out of the box “and recite secondhand history right out of some history book (did you really read my comment?). I think this is the very problem of how some westerners always think they know better than us and think that they are liberated. Always thinking out of the box that sometimes forget to take a good look at what was in the box in the first place.
@Tarrin
What about when our King Chulalongkorn gave us our university? Why are you not grateful? But when some foreigner handed you some new equipments because they take pity on us you are forever grateful? (Has it ever occurred to you that maybe no one wants to use those equipments because he/she does not want a charity?)
I think you must be reading the same history book as chris beale and MediaWar or maybe you were actually there 5000 years ago. I am more disturbed hearing from you asking whether or not I am a 100%Thai. This coming from a Thai person. What is happenning to us? This proves my point of how some western influence does not come only with the right to vote.
Imagining a new mandala in mainland Southeast Asia
StanG. How many times do most Thais have to express their wish at the ballot box, for you to get the simple fact into your head, that they do not wish to be trodden down by the likes of you?