More Of The Same Only Worse

Tomorrow workers around the world will celebrate May Day to commemorate the 1886 Haymarket Massacre in Chicago in which workers and police alike were shoot down by police gunmen. Demonstrations promoting International Workers’ Day are scheduled for Thailand, although workers throughout the country are aware that their lot in life has dramatically deteriorated after the flood of 2011. Inflation has further exacerbated the situation and the Bangkok POst reported that 44.45% of workers said they are facing more hardship with 31.94% saying their living conditions were about the same; and 23.61% saying things had improved following a wage rise and promotion.

The government’s figure on inflation are based on overall prices to hide the fact that essentials are being priced out of the range of most Thais’ incomes. Rice, cooking oil, petrol, baby formula, pork and many other basic items are subject to the upward surge, as companies seek greater profits to satisfy the rich.

According to the Bangkok Post Prime Minister Yingluck Shinawatra this month said food prices are expected to ease starting in June, as supply shortages from last year’s floods ease.

Thaksin’s sister is living in a high-rise condo with servants and chauffeurs. Like Mitt Romney in America she has no idea how the people are suffering from the current economic crisis and the rise of the daily wage to 300 baht will barely cover the increases. The banks have all the money and their presidents are following the lead of American investment firms in their refusal to loan money, since giving out loans will drain their wealth cloud.

Vatchari Vimooktayon, the director-general of the Commerce Ministry’s Internal Trade Department, told the Bangkok Post, “If you raise prices too much, your competitors may undercut you. It’s better for consumers to be wise in their spending and their selection, rather than simply calling on the government to control prices.”

Of course that theory only works in an open economic system rather than the monopoly of collusion existing in Thailand and the USA, for the DG is only ย้อมแมวขาย or painting stripes on a cat. It still remains a cat.

Faced with mounting debts without access to relief from the banks Thais are heading to the pawn shops or jum-jam shop for loans on their possessions such as gold necklaces and bracelets.

In other words they’re fucked for once that gold is gone, there is no safety net left other than a communal effort to save the country from the banks and rich.

And that ain’t ever going to happen, because the Thais have been taught that the squeaking wheel get thrown away and not fixed.

But remember น้ำมาปลากินมดน้ำลดมดกินปลา or at high tide fish eat ants, at low tide ants eat fish

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