Thaksin steps down
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ok
Thai PM Thaksin says he'll step down
BANGKOK - Thai Prime Minister Thaksin Shinawatra said Tuesday he will not accept the post of prime minister when parliament convenes after controversial weekend elections boycotted by the opposition.
Thaksin said he decided to step down out of respect for the nation's king, who celebrates the 60th anniversary of taking the throne this year.
"My reason for not accepting the post of prime minister is because this year is an auspicious year for the king, whose 60th anniversary on the throne is just 60 days away," Thaksin said in a nationally televised press conference.
"I want all Thais to reunite," he said. - AFP -
*celebrate again*
I can go BKK le!!!!
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Thaksin is victim of Singapore INC...........
Little Red Dot claims another victim
Who will be next? -
Please go and check for us what is going to happen to our Singapore Dollars just deposited in Bangkok.Originally posted by M©+square:*celebrate again*
I can go BKK le!!!!
MM will say, oh, she had done more good investment, this is acceptable for such peanuts mistakes. He is going to start milking again Lah........Poor Old Man ! -
Singapore 1
Thailand 0
But will Shin Corp shares go up?
Or will it fall into the pit?
Will Temasek lose money again? -
Thaksin is being checked by its own people in order not to use his power to do as he likes like selling state-related telecom assets of the country to foreign government-linked entities.
Does Singapore Temasek have the legal or moral authority to use Singaporeans' monies and surpluses to benefit the foreigners in terms of job creation for the Thai or supporting the growth or vibrancy of foreign economies.
Singaporeans should ponder over this latest development especially when they may be losing a lot of monies in this Shin Corp deal to decide whether they will continue to allow Temasek to put our monies where the mouths are not and jobs are not...and which cause potential losses of jobs and incomes of Singaporeans which at the same time do not benefit Singaporeans.
Thai people really have the passion to decide what is right for themselves and their own country where any matters of such critical importance arise ..I just wonder why we do not have such sense of right and passion for the country. -
We greet each other in Singapore Hi, Hello and eh, what's up? Half Ang Moh lah, where is the culture roots?Originally posted by robertteh:Thaksin is being checked by its own people in order not to use his power to do as he likes like selling state-related telecom assets of the country to foreign government-linked entities.
Does Singapore Temasek have the legal or moral authority to use Singaporeans' monies and surpluses to benefit the foreigners in terms of job creation for the Thai or supporting the growth or vibrancy of foreign economies.
Singaporeans should ponder over this latest development especially when they may be losing a lot of monies in this Shin Corp deal to decide whether they will continue to allow Temasek to put our monies where the mouths are not and jobs are not...and which cause potential losses of jobs and incomes of Singaporeans which at the same time do not benefit Singaporeans.
Thai people really have the passion to decide what is right for themselves and their own country where any matters of such critical importance arise ..I just wonder why we do not have such sense of right and passion for the country.
Every Thai's greeting is Sawadeekap........with the deep culture in Soul, Mind and heart.
When Thai's see Thaksin is about to learn Iron-fist governing style, Arrogant and Monetary Option to Rule, they must re-act together to prevent harms. -
u know what this means , another election .. more confusion for the thai electorate
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This will as usual be told to us Singaporeans that democracy is chaos and demonstration and autocracy is good.Originally posted by borgkilla:u know what this means , another election .. more confusion for the thai electorate
But all these were half-baked and not the truths. To have people with a sense of passion for their country is a good thing in the long term stability of a country.
It will prevent abuse of power, constant refusal to accept mistakes and problems with polcies, lack of accountability and transparency, losses of feedom of expressions and press control, defamation suits against political oppositions, vote buying with flat upgrading, and election-time goodies, self-paying of million-dollar salaries for ministers and Temasek-type billion-dollar losses in all kinds of overseas investments without corresponding benefits or job creations for own citizens. -
With REAL Democracy being practised in Thailand, allowing the Citizens to have a loud voice against the wrong doings of the Government; and with the KING of Thailand not merely ceremonial but providing MORAL GUIDANCE to the Thai Government and its people, balance is always maintained in Thai Society.
What does Singapore have that can be comparable to Thailand ?
If Thailand - as a Third World developing country - can afford democratic space for its citizens, will there be political space in Singapore - supposedly a FIRST WORLD COUNTRY - to allow Singaporeans to voice our concern towards the excesses of the Ruling Political Party aka the Government ?
With an Elected President that has to be politically certified and acceptable to the POWER OF ONE, can his position provide the MORAL STRENGTH to act as a balance between the Ruling Political Party and Singapore Society ? -
it is very sad for such a potential leader to step down from Thai politics.
If without Thaksin, i dont think Thailand will be able to resolve so much governmental issues. -
It's not about the selling of national assets and all those corruption crap. The Bangkok elites need to get rid of Thaksin because he is effectively narrowing the income gap and taking power from the rich and giving it to the poor. The elites risk (like Sondhi) risk loosing their fortune if Thaksin continues to hold power.
Thaksin hopes that by stepping down, it would at least pacify the people in the south and Bangkok. Hopefully, they'll cooperate during the by-elections and TRT will still hold political power since they won majority seats. If the next PM chooses not hold another election, the opposition parties are screwed.
So... the conclusion is that there will be no conclusion. The opposition will continue to create problems for the government until they get what they wants. Power hungry Chamlong has screwed the country once again.
Only on thing for sure. Thailand is screwed. This political saga only shows the Thai politics is unstable. The economy will start to decline, investers will start to divert their monies to China and India (if they had not done so) and poverty will become rampant again.
The people just shot themselves in the foot. Better go sell those Thailand based Unit Trusts and shares... -
Democracy? My toes are laughing.
What we have seen here in Thailand is a democratically elected leader forced to pander to the interests of a small vocal elitist minority whose only interest is enriching themselves further.
Sound familiar? Thailand's experiment in democracy bears similarities to what will happen in Singapore the day a democratic government is elected. The elitists here will ignore the will of the majority and retake power using all the clout that their wealth, education, and position in society gives them, all supposedly in the "best interests of the nation," using high flung rhetoric such as "freedom" and "human rights" to misle the public. Which is why democracy will never succeed here- we'll be back to the status quo in short order.
Any Singaporean foolish enough to think that what has happened in Thailand is an expression of 'democracy' needs his head checked. Anyone who speaks for Abhisit and his cronies, speaks for the Singaporean elites. -
a tactical retreat?
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Originally posted by idwar:Singapore 1
Thailand 0
But will Shin Corp shares go up?
Or will it fall into the pit?
Will Temasek lose money again?
Unlikely to fall if Temasek is going to sell. -
Exactly...if the new govt in Thailand is pressured to buy back 'national assets', Temasek Holdings can sell it back to them for a 10-20% profit. They will have to pay...it becomes a political, not a business decision..Originally posted by king108: Unlikely to fall if Temasek is going to sell. -
So if you wanted singapore market to soar..you know what to do hal..Originally posted by oxford mushroom:Exactly...if the new govt in Thailand is pressured to buy back 'national assets', Temasek Holdings can sell it back to them for a 10-20% profit. They will have to pay...it becomes a political, not a business decision.. -
I feel sad Thaksin has to step down due to mob pressure.
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Buying over SGX is more fun than buying over singtel. If you buy over SGX, you have regulaory powers!Originally posted by king108:So if you wanted singapore market to soar..you know what to do hal.. -
Thaksin is still incharge of his party and in effect in control of the acting PM and the new one yet to be decided.
In 30 days there will be elections for all the uncontested seats , the oppostion will contest ..
what I am thinking now is that , now thai rak thai party members and supporters will now rally and try and win over those seats. So there is everychance that thai rak thai may actually secure additional seats in parliment. So the Opposition will still end up losing
I think Thaksin is a very shrewd man, very good puppet master -
I am holding quite a few. Near 200%..Originally posted by shade343:Buying over SGX is more fun than buying over singtel. If you buy over SGX, you have regulaory powers! -
If thaksin really have to quit politic, thailand will prepare to have bull run at least 3 months.Originally posted by shade343:Buying over SGX is more fun than buying over singtel. If you buy over SGX, you have regulaory powers! -
my fren in thai says peeps still sour towards singaporeans.Originally posted by M©+square:*celebrate again*
I can go BKK le!!!! -
a certain family will not allow that.Originally posted by shade343:Buying over SGX is more fun than buying over singtel. If you buy over SGX, you have regulaory powers! -
I wonder if the new Thai government will re-consider the Kra Canal again. I think our good relations with Thaksin is probably, to prevent him from giving the Kra Canal the go-ahead ....