- Posted January 24, 2014 by
THAILAND IS BEING BROUGHT TO ITS KNEES
I copied this from some else and just wanted you to read it. It is credited to Noi Noi…I talked to someone at the Bank for Agriculture and Agricultural Cooperatives (BAAC) 10 years ago. He impliedly asked if I knew “someone was going to seize Thailand just by taking over BAAC. This could be done by causing BAAC to collapse through insolvency.” I was bewildered. He proceeded to explain that BAAC was a creditor to farmers who pledged/mortgaged their lands in more than half the country to the bank. If someone was to gobble up cheap lands, he could bankrupt BAAC (so it is unable to pay its debt like how it happened in 1997). Foreigners (black-haired farangs) could then buy them at a haircut price as cheap debt. Farmers would then have to rent those lands to farm because they would no longer have their own arable lands. The lands would be sold off profitably to foreign buyers.
I am currently beginning to see the plot more clearly. Thailand is getting close to the point of falling and never being able to get up when people are so addicted to those populist policies. We look at evil as good and see only our own personal benefits. We get change through taxes from the Rice Pledging and the First Car Schemes, etc. We exchange those with taxes we pay (and think we never pay those ourselves) without realizing indirect taxes do not exempt anyone at any level. However, Santa does not exist everyday in the end and we must live in reality. We have used future money, the money that belongs to our children and grand children. The Rice Pledging Scheme will make those words from that person at BAAC come true soon because this is not just about farmers in Thailand. Rice is being brought in from Cambodia to don the right under the Scheme and money is being hauled out there. Our country is being plundered by vicious individuals.