Give a big hand to PM Thaksin Shinawatra

[mattelyo 5]

   After the proud announcement of success of their manned space vehicle, Chinese Government said China is still a poor country, need  ODA,;The success of manned space vehicle is not a reason to cut AID from foreign country.

 Japan is one of countries they deliver big monies to ODA, for example in 2001, Japan give ODA money of 686 million US$ to China, which is about 9.21% of Japanese total amount of ODA.

I think these must be applied to another countries those are suffered from more serious poverty.

 

So,  by reading the news  I  give a big hand to PM Thaksin Shinawatra.

-------------------------------------

 

Thailand rejects future foreign aid

 

 Thai Prime Minister Thaksin Shinawatra has announced that Thailand will stop accepting foreign aid from next year, saying the money should instead go towards poorer neighbouring countries.

He says the foreign ministry will thank all the donor countries who have helped Thailand.

Mr Shinawtra says aid should be spent on programs in its neighbours, which include military-ruled Burma, Laos and Cambodia.

 

-- AFP

http://www.abc.net.au/news/newsitems/s1000094.htm

[torrenova 649]

Judging from what I have seen of the UK in the couple of months I have been back here after years away, I feel that the the British Isles would easily qualify for assistance from the developed world.

 

Given that nothing works properly, it is dirty, trains fall off the tracks, it pisses down for weeks but still there is a water shortage, etc., then I am sure it would qualify.

 

Of course, my experiences relate only to London, but then London is all that really matters financially anyway.

[VoxVader 1]

Great so aid that could go to say, HIV+ rural Thais will now get refused so that Thailand can gain face by saying it doesn't need aid.  Yeah, I'm giving a big hand to Thaksin.

 

Millions of Thais will die because the Thai government refuses to call the AIDS problem a public health emergency and thereby bypass WTO rules on medicines and allow anti-HIV drug generics to be imported.

 

Just like us, Thakin sure likes to screw Issan....

 

-Vox

[Crackpot 2]

Judging from what I have seen of the UK in the couple of months I have been back here after years away, I feel that the the British Isles would easily qualify for assistance from the developed world.

 

Given that nothing works properly, it is dirty, trains fall off the tracks, it pisses down for weeks but still there is a water shortage, etc., then I am sure it would qualify.

 

Of course, my experiences relate only to London, but then London is all that really matters financially anyway.

 

Maybe if we stopped giving it away to Africa so they can buy more guns and kill themselves, or to the Baltic states, or to Iraq or to India or to god knows how many other countries and started spending it on our own country and people ?

 

Then again 'Investment bankers' (rhyming slang) are the people who help others send money out of the country dont they?.

But, what right has someone who (supposedly) doesnt spend much time in the UK and probably doesnt pay any UK tax or contribute to the system at all have to criticise the system?

None at all.

[VoxVader 1]

Polling data in the U.S. has shown that the public has a warped perception of how much aid is given out.  When asked what percentage of GDP goes to foreign aid most American's think it's about 10%.  When asked how much should go they answer 1-2%  The reality is about 0.01% with half of it going to two countries (Israel and Egypt).

 

I wonder if perceptions in other countries are similar?

 

-Vox

[torrenova 649]

Then again 'Investment bankers' (rhyming slang) are the people who help others send money out of the country dont they?.

Yeah, thats all we do. Airport runs with suitcases of gold, cash, precious stones etc. Off to Switzerland and Luxembourg to deposit it all.

 

Even the neanderthals that live in the sticks and make a few bob don't want to part with it. Without the City, the UK would come to a full stop. Without banking, the fucking lights would go out and the country would return to the dark ages.

 

Don't worry, you're not alone in not understanding how the economy, business and banking works.

[Crackpot 2]

Yeah, thats all we do. Airport runs with suitcases of gold, cash, precious stones etc. Off to Switzerland and Luxembourg to deposit it all.

 

Even the neanderthals that live in the sticks and make a few bob don't want to part with it. Without the City, the UK would come to a full stop. Without banking, the fucking lights would go out and the country would return to the dark ages.

 

Don't worry, you're not alone in not understanding how the economy, business and banking works.

 

 

OOH I understand how it works. A little more than you might think.

 

Investment bankers do little or nothing for the man in the streets of the UK, the country and people you despise so much.

[papillon 695]

Crackpot, I thought it was only me that noticed torrenova thinks he's better than everyone else.

[torrenova 649]

OOH I understand how it works. A little more than you might think.

 

Investment bankers do little or nothing for the man in the streets of the UK, the country and people you despise so much.

The man in the street goes to work, saves a little (lent out on the overnight market), buys a house (funded retail then wholesale then securitised and traded), invests in a pension (largely collective equity investment, traded, placed with custodians and re-lent to the market) and then purchases an annuity (aggregated through actuarial tables).

 

Its not rocket science but just as I can't repair a broken telly or perform brain surgery, the general public only wants to see and can really only cope with the simple picture - fixed telly and patched up head.

 

Just a small glimpse into one area of the thousands in which the banking sector is involved in the everyday transactions affecting all of us.

 

Its not about understanding how "it works" as there isn't an "it".

[Shilo 371]

The man in the street goes to work, saves a little (lent out on the overnight market),  at little or no interest

 

buys a house (funded retail then wholesale then securitised and traded), actually, leveraged retail before being bundled with others to be securitised and trade... until called in on a refi to be done all over again at half the interest rate.

 

invests in a pension (largely collective equity investment, traded, placed with custodians and re-lent to the market) here in the US "pensions" are generally nothing more than promises from the employer and are often debt instruments to said employer "read underfunded". It's the 401K's that are "collective equity investments" too often in just the company stock, "traded" in options, placed with brokers to be relent to "market shorters" that hurt the employee's total return.

 

and then purchases an annuity (aggregated through actuarial tables).     an annuity with unjustified frontend sales charges, to often poor performance, and holding backend charges that makes the contract seem more like a prison sentence...

 

Shilo