European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said on Wednesday, dealing a blow to Tehran that crowns new Western sanctions months before an Iranian election.
The prospective embargo by the European Union, along with tough U.S. financial measures signed into law by President Barack Obama on New Year's Eve, form a concerted Western campaign to hold back Iran's nuclear program.
Social Justice: Current Affairs, Business, Politics, and all the reasons in the world to Thrive on Creative Discontent!
Showing posts with label Elections. Show all posts
Showing posts with label Elections. Show all posts
Thursday, January 5, 2012
Thursday, December 8, 2011
What led to the Russian Revolution of 2011? The possible return of Tsar Putin!!
Thousands of people have taken to Moscow streets to protest the result of the Dec. 4 parliamentary election, which was marred by complaints of violations and ballot-stuffing. The Solidarity movement, an umbrella opposition group, has planned a rally tomorrow near the Kremlin. Prime Minister Vladimir Putin’s United Russia party lost 12 million votes, or more than a quarter of the support it garnered four years ago. Urals crude, Russia’s chief export blend, hit a two-week low.
“Russian politics has become an issue, and for investors, that’s something new, and for some people, it does create uncertainty,” Martin Diggle, director of the $70 million Vulpes Russian Opportunities Fund, said in a phone interview from Geneva. “Europe remains a drag on stocks, and oil is also down.”
“Russian politics has become an issue, and for investors, that’s something new, and for some people, it does create uncertainty,” Martin Diggle, director of the $70 million Vulpes Russian Opportunities Fund, said in a phone interview from Geneva. “Europe remains a drag on stocks, and oil is also down.”
Monday, December 5, 2011
Now Mitt what are you trying so hard to hide???
Mitt Romney spent nearly $100,000 in state funds to replace computers in his office at the end of his term as governor of Massachusetts in 2007 as part of an unprecedented effort to keep his records secret, Reuters has learned.
The move during the final weeks of Romney's administration was legal but unusual for a departing governor, Massachusetts officials say.
The effort to purge the records was made a few months before Romney launched an unsuccessful campaign for the Republican presidential nomination in 2008. He is again competing for the party's nomination, this time to challenge Barack Obama for the presidency in 2012.
Five weeks before the first contests in Iowa, Romney has seen his position as frontrunner among Republican presidential candidates whittled away in the polls as rival Newt Gingrich, the former speaker of the House of Representatives, has gained ground.
When Romney left the governorship of Massachusetts, 11 of his aides bought the hard drives of their state-issued computers to keep for themselves. Also before he left office, the governor's staff had emails and other electronic communications by Romney's administration wiped from state servers, state officials say.
Those actions erased much of the internal documentation of Romney's four-year tenure as governor, which ended in January 2007. Precisely what information was erased is unclear.
The move during the final weeks of Romney's administration was legal but unusual for a departing governor, Massachusetts officials say.
The effort to purge the records was made a few months before Romney launched an unsuccessful campaign for the Republican presidential nomination in 2008. He is again competing for the party's nomination, this time to challenge Barack Obama for the presidency in 2012.
Five weeks before the first contests in Iowa, Romney has seen his position as frontrunner among Republican presidential candidates whittled away in the polls as rival Newt Gingrich, the former speaker of the House of Representatives, has gained ground.
When Romney left the governorship of Massachusetts, 11 of his aides bought the hard drives of their state-issued computers to keep for themselves. Also before he left office, the governor's staff had emails and other electronic communications by Romney's administration wiped from state servers, state officials say.
Those actions erased much of the internal documentation of Romney's four-year tenure as governor, which ended in January 2007. Precisely what information was erased is unclear.
Thursday, December 1, 2011
And yet another Republican move for the 1% at the expense of the 99%
Republicans particularly objected to a new tax on the wealthy to cover the $110 billion in projected lost revenues from continuing the temporary tax cut.
Following the votes, President Barack Obama said in a statement, "It makes absolutely no sense to raise taxes on the middle class at a time when so many are still trying to get back on their feet." He urged Congress to come to a deal to extend the payroll tax cuts.
The White House, investment banks and some economists have warned in recent days that U.S. economic growth could suffer in 2012 if the tax cut for workers is allowed to expire.
After the Democratic legislation was defeated, the Senate promptly killed an alternative Republican plan. It too would have extended the tax cut for a year. But it did not embrace the Democrats' proposal to reduce the worker tax even further and to also cut an employer-paid payroll tax.
Republican ambivalence toward any extension of the payroll tax cut was evident in the Senate as a majority of the party's 47 senators voted against the Republican plan.
Following the votes, President Barack Obama said in a statement, "It makes absolutely no sense to raise taxes on the middle class at a time when so many are still trying to get back on their feet." He urged Congress to come to a deal to extend the payroll tax cuts.
The White House, investment banks and some economists have warned in recent days that U.S. economic growth could suffer in 2012 if the tax cut for workers is allowed to expire.
After the Democratic legislation was defeated, the Senate promptly killed an alternative Republican plan. It too would have extended the tax cut for a year. But it did not embrace the Democrats' proposal to reduce the worker tax even further and to also cut an employer-paid payroll tax.
Republican ambivalence toward any extension of the payroll tax cut was evident in the Senate as a majority of the party's 47 senators voted against the Republican plan.
Friday, September 9, 2011
Where is Barry Goldwater when you need him???
President George Washington
In this enlightened age and in this land of equal liberty it is our boast, that a man’s religious tenets will not forfeit the protection of the laws, nor deprive him of the right of attaining and holding the highest offices that are known in the United States
President John Adams
"Nothing is more dreaded than the national government meddling with religion."
Alexander Hamilton
When Alexander Hamilton was asked why the U.S. Constitution made no mention of God, he said the country did not require 'foreign aid'
Benjamin Franklin
The Constitution fashioned in 1787 is a secular document. There is no mention of God, Jesus Christ, or a supreme being anywhere in the document.
President James Madison
Strongly guarded . . . is the separation between religion and government in the Constitution of the United States
President Ulysses S. Grant
"Leave the matter of religion to the family altar, the church and the private school supported entirely by private contributions. Keep the church and state forever separate."
President Theodore Roosevelt
"I hold that in this country there must be complete severance of Church and State; that public moneys shall not be used for the purpose of advancing any particular creed; and therefore that the public schools shall be nonsectarian and no public moneys appropriated for sectarian schools."
President John F. Kennedy
"I believe in an America where the separation of church and state is absolute –
Martin Luther King Jr.
(The 1962 U.S. Supreme Court decision prohibiting state-supported prayer in public schools was) "sound and good, reaffirming something basic in the Nation’s life: separation of church and state."
Senator Barry Goldwater
"Can any of us refute the wisdom of Madison and the other framers? Can anyone look at the carnage in Iran, the bloodshed in Northern Ireland or the bombs bursting in Lebanon and yet question the dangers of injecting religious issues into the affairs of state?"
"By maintaining the separation of church and state, the United States has avoided the intolerance which has so divided the rest of the world with religious wars. Throughout our two hundred plus years, public policy debate has focused on political and economic issues, on which there can be compromise. . . ."
Governor Arnold Schwarzenegger
"I do not make decisions [as governor] based on what have I learned through my Bible studies, what have I learned in my religious classes in school. I'm a big believer in separation of church and state, and I think that's what . . . the law is."
Europe's bloody theocratic wars
This brings us, finally, to the serious discussions that dominionists and their enablers, like Miller, are trying to prevent. The first of those is about the very nature of American democracy. For nearly 200 years, Europe was torn apart by a series of religious wars and their bloody aftermath - the major reason that the United States was founded as a secular republic. We're potentially on the verge of forgetting all that history and suffering through it again, just as we're now suffering through forgetting the lessons of the Great Depression. Those centuries of war began with the German Peasants' War of 1524-26, in which more than 100,000 died; continued through the 1648 Treaty of Westphalia, which ended the Thirty Years War on the European continent; and lasted until the end of the War of the Spanish Succession (1701–1714). This was the bloody European history of religious intolerance and strife that many, if not most, American colonialists were fleeing from when they came to the New World.
It was also this bloody history that gave rise to the development of classical liberalism, affirming the individual right to religious liberty and replacing the top-down theocratic justification of the state with Locke's concept of the bottom-up social contract, based on the consent of the governed. The ideas that Locke perfected took generations to develop. Religious tolerance, for example, began as simply a matter of pragmatism: unless people stopped killing each other for differing religious beliefs, war in Europe would never end.
But gradually, the idea took hold that tolerance was a positive good, and key to this new perspective was the recognition that torturing someone to change their beliefs could not produce the desired result of a genuine heartfelt conversion. Thus, the moral rejection of torture - another feature of classical liberalism - had its roots in the evolution of the idea of religious liberty. The idea of utterly forgetting the prolonged bloody history that the United States was born out of is no laughing matter.
The same could be said of the myth that the United States was founded as a Christian nation, with laws based on the Bible. Of course most Americans were Christians at the time, but the leading intellects were decidedly less so, much more influenced by Enlightenment thought. There were many, such as Jefferson, who were better described as Deists, who believed that God had created a rational universe, but did not intervene supernaturally thereafter. They deliberately used terms like "the Creator" and "Nature's God" to affirm their distinctive, non-Christian view.
Moreover, God was not mentioned at all in the Constitution, and religion was only mentioned to exclude its influence, stating that no religious test should be required for office. Finally, US law was based on British common law, not the Bible. The Supreme Court itself is a common law court, following common law precedents and practices. And British common law traces back to Roman law, which first came to England centuries before Rome adopted the Christian religion.
Of course the intolerant religious right wants us to forget this. How else could they ever gain power, except through massive forgetting of who and what the United States really is? Not to mention who and what they are: the most fundamental enemies of the United States, who would, if they could, return us to the centuries of blood before the US was born, the nightmare out of which the United States awakened.
The Golden Rule:
"Attempts to unite church and state are opposed to the interests of each, subversive of human rights and potentially persecuting in character; to oppose union, lawfully and honorably, is not only the citizen’s duty but the essence of the Golden Rule – to treat others as one wishes to be treated." From "Statement of Principles," Liberty magazine, a publication of the Seventh-day Adventist Church
In this enlightened age and in this land of equal liberty it is our boast, that a man’s religious tenets will not forfeit the protection of the laws, nor deprive him of the right of attaining and holding the highest offices that are known in the United States
President John Adams
"Nothing is more dreaded than the national government meddling with religion."
Alexander Hamilton
When Alexander Hamilton was asked why the U.S. Constitution made no mention of God, he said the country did not require 'foreign aid'
Benjamin Franklin
The Constitution fashioned in 1787 is a secular document. There is no mention of God, Jesus Christ, or a supreme being anywhere in the document.
President James Madison
Strongly guarded . . . is the separation between religion and government in the Constitution of the United States
President Ulysses S. Grant
"Leave the matter of religion to the family altar, the church and the private school supported entirely by private contributions. Keep the church and state forever separate."
President Theodore Roosevelt
"I hold that in this country there must be complete severance of Church and State; that public moneys shall not be used for the purpose of advancing any particular creed; and therefore that the public schools shall be nonsectarian and no public moneys appropriated for sectarian schools."
President John F. Kennedy
"I believe in an America where the separation of church and state is absolute –
Martin Luther King Jr.
(The 1962 U.S. Supreme Court decision prohibiting state-supported prayer in public schools was) "sound and good, reaffirming something basic in the Nation’s life: separation of church and state."
Senator Barry Goldwater
"Can any of us refute the wisdom of Madison and the other framers? Can anyone look at the carnage in Iran, the bloodshed in Northern Ireland or the bombs bursting in Lebanon and yet question the dangers of injecting religious issues into the affairs of state?"
"By maintaining the separation of church and state, the United States has avoided the intolerance which has so divided the rest of the world with religious wars. Throughout our two hundred plus years, public policy debate has focused on political and economic issues, on which there can be compromise. . . ."
Governor Arnold Schwarzenegger
"I do not make decisions [as governor] based on what have I learned through my Bible studies, what have I learned in my religious classes in school. I'm a big believer in separation of church and state, and I think that's what . . . the law is."
Europe's bloody theocratic wars
This brings us, finally, to the serious discussions that dominionists and their enablers, like Miller, are trying to prevent. The first of those is about the very nature of American democracy. For nearly 200 years, Europe was torn apart by a series of religious wars and their bloody aftermath - the major reason that the United States was founded as a secular republic. We're potentially on the verge of forgetting all that history and suffering through it again, just as we're now suffering through forgetting the lessons of the Great Depression. Those centuries of war began with the German Peasants' War of 1524-26, in which more than 100,000 died; continued through the 1648 Treaty of Westphalia, which ended the Thirty Years War on the European continent; and lasted until the end of the War of the Spanish Succession (1701–1714). This was the bloody European history of religious intolerance and strife that many, if not most, American colonialists were fleeing from when they came to the New World.
It was also this bloody history that gave rise to the development of classical liberalism, affirming the individual right to religious liberty and replacing the top-down theocratic justification of the state with Locke's concept of the bottom-up social contract, based on the consent of the governed. The ideas that Locke perfected took generations to develop. Religious tolerance, for example, began as simply a matter of pragmatism: unless people stopped killing each other for differing religious beliefs, war in Europe would never end.
But gradually, the idea took hold that tolerance was a positive good, and key to this new perspective was the recognition that torturing someone to change their beliefs could not produce the desired result of a genuine heartfelt conversion. Thus, the moral rejection of torture - another feature of classical liberalism - had its roots in the evolution of the idea of religious liberty. The idea of utterly forgetting the prolonged bloody history that the United States was born out of is no laughing matter.
The same could be said of the myth that the United States was founded as a Christian nation, with laws based on the Bible. Of course most Americans were Christians at the time, but the leading intellects were decidedly less so, much more influenced by Enlightenment thought. There were many, such as Jefferson, who were better described as Deists, who believed that God had created a rational universe, but did not intervene supernaturally thereafter. They deliberately used terms like "the Creator" and "Nature's God" to affirm their distinctive, non-Christian view.
Moreover, God was not mentioned at all in the Constitution, and religion was only mentioned to exclude its influence, stating that no religious test should be required for office. Finally, US law was based on British common law, not the Bible. The Supreme Court itself is a common law court, following common law precedents and practices. And British common law traces back to Roman law, which first came to England centuries before Rome adopted the Christian religion.
Of course the intolerant religious right wants us to forget this. How else could they ever gain power, except through massive forgetting of who and what the United States really is? Not to mention who and what they are: the most fundamental enemies of the United States, who would, if they could, return us to the centuries of blood before the US was born, the nightmare out of which the United States awakened.
The Golden Rule:
"Attempts to unite church and state are opposed to the interests of each, subversive of human rights and potentially persecuting in character; to oppose union, lawfully and honorably, is not only the citizen’s duty but the essence of the Golden Rule – to treat others as one wishes to be treated." From "Statement of Principles," Liberty magazine, a publication of the Seventh-day Adventist Church
Monday, August 22, 2011
Super PAC; not a super hero; more likely a super threat
Mike Toomey, Bill Burton and Edward Conard: Each of these men is a close ally of one of the would-be next presidents of the United States. All three insist they have no involvement in their close associates’ campaigns.
That’s because they’re helping direct so-called Super PACs -- Burton for President Barack Obama, Toomey for Texas Governor Rick Perry, and Conard for former Massachusetts Governor Mitt Romney. This role enables them to raise virtually unlimited funds from individuals, corporations and labor unions as long as they remain “independent” of the campaigns.
What these Super PACs do is to effectively lift the campaign-contribution limits, currently at $2,500 per individual, and allow wealthy interests and individuals to make the huge contributions that were the trademark of the era that ended with the Watergate scandal.
Political-action committees have long existed in U.S. politics. In the past, however, they couldn’t accept any corporate or labor-union contributions and individuals couldn’t give more than the legal limit. Two Supreme Court rulings and lax enforcement by the Federal Elections Commission led to the creation of the Super PACs, which, for the first time, can take unlimited money from special interests and individuals and use those funds on behalf of a specific presidential candidate.
They are supposed to be independent of the campaigns. It’s now clear that this separation is a travesty on both sides, making these entities and the big money the wave of the future.
“The idea that these Super PACs are independent from the candidates they’re supporting is absurd,” says Fred Wertheimer, the president of Democracy 21, a Washington-based group that advocates campaign-finance reform and who has brought legal action against these new fundraisers. “They are simply a mechanism for massive circumvention of the contribution limits that are supposed to apply to federal campaigns.”
Just look at the central players. Toomey, Perry’s former chief of staff, is now considered the leading business lobbyist in Texas. He plays a major role in Make Us Great Again, one of several independent efforts on behalf of Perry. He owns an island with David Carney, Perry’s campaign manager, and maintains close relations with the governor.
Burton, who directs Priorities USA Action, was Obama’s deputy press secretary during the 2008 campaign and served in a similar post during the first two years of his presidency.
Conard was a fellow managing partner with Romney of the private-equity firm Bain Capital and keeps a close association with the Republican presidential candidate. This year, he set up a shell company and secretly funneled a $1 million contribution to Restore Our Future, the Super PAC that supports Romney’s White House run. He was forced to disclose his identity after questions in the media about the origins of that large anonymous donation.
Conard’s shell company, which only existed for four months, was set up to evade the law that requires Super PACS to identify donors but sets no limits on donations.
Restore Our Future has received major funding from people such as the hedge-fund tycoon John Paulson, who has given more than $1 million; under Federal Elections Commission rules, Romney was able to attend a event held by this “independent” entity as long as he didn’t directly solicit funds for it.
This Super PAC is led by several of Romney’s 2008 campaign advisers, who are intimately acquainted with some of the aides who are running the 2012 effort.
Burton’s partner is Sean Sweeney, who was a White House political aide in the Obama administration before joining this “independent” group.
Coordination doesn’t have to be direct or official to be strategic and helpful. David Plouffe, the top Obama political aide, and other operatives have trained their fire recently on Romney; so has Priorities USA Action.
It’s a safe assumption that if there’s a Romney-Obama matchup in the general election, Restore Our Future and Priorities USA Action will be on the airwaves in the battleground states of Colorado, Virginia and Ohio, and not in California or Texas.
The most ambitious “independent” venture may be the one supporting Perry. Even before he announced his presidential campaign, candidates from half a dozen such groups were assembling. Make Us Great Again reportedly had gotten word out and most of the focus now seems to be coalescing around that group.
This Super PAC has two invaluable assets: It enables rich Texans who’ve long backed Perry to make big contributions, and it eliminates any competitive disadvantage the late-starting candidate might have in taking on rivals who have a larger pool of smaller contributors. If past experience is any guide, look for Make Us Great Again to attack opponents, starting with Romney.
If these Big Money-funded groups end up playing a vital role in the presidential race, it’s a certainty, as Wertheimer frets, that they will surface in most congressional elections the next time. By then, all the checks and balances instituted after Watergate will have been rolled back.
That’s because they’re helping direct so-called Super PACs -- Burton for President Barack Obama, Toomey for Texas Governor Rick Perry, and Conard for former Massachusetts Governor Mitt Romney. This role enables them to raise virtually unlimited funds from individuals, corporations and labor unions as long as they remain “independent” of the campaigns.
What these Super PACs do is to effectively lift the campaign-contribution limits, currently at $2,500 per individual, and allow wealthy interests and individuals to make the huge contributions that were the trademark of the era that ended with the Watergate scandal.
Political-action committees have long existed in U.S. politics. In the past, however, they couldn’t accept any corporate or labor-union contributions and individuals couldn’t give more than the legal limit. Two Supreme Court rulings and lax enforcement by the Federal Elections Commission led to the creation of the Super PACs, which, for the first time, can take unlimited money from special interests and individuals and use those funds on behalf of a specific presidential candidate.
They are supposed to be independent of the campaigns. It’s now clear that this separation is a travesty on both sides, making these entities and the big money the wave of the future.
“The idea that these Super PACs are independent from the candidates they’re supporting is absurd,” says Fred Wertheimer, the president of Democracy 21, a Washington-based group that advocates campaign-finance reform and who has brought legal action against these new fundraisers. “They are simply a mechanism for massive circumvention of the contribution limits that are supposed to apply to federal campaigns.”
Just look at the central players. Toomey, Perry’s former chief of staff, is now considered the leading business lobbyist in Texas. He plays a major role in Make Us Great Again, one of several independent efforts on behalf of Perry. He owns an island with David Carney, Perry’s campaign manager, and maintains close relations with the governor.
Burton, who directs Priorities USA Action, was Obama’s deputy press secretary during the 2008 campaign and served in a similar post during the first two years of his presidency.
Conard was a fellow managing partner with Romney of the private-equity firm Bain Capital and keeps a close association with the Republican presidential candidate. This year, he set up a shell company and secretly funneled a $1 million contribution to Restore Our Future, the Super PAC that supports Romney’s White House run. He was forced to disclose his identity after questions in the media about the origins of that large anonymous donation.
Conard’s shell company, which only existed for four months, was set up to evade the law that requires Super PACS to identify donors but sets no limits on donations.
Restore Our Future has received major funding from people such as the hedge-fund tycoon John Paulson, who has given more than $1 million; under Federal Elections Commission rules, Romney was able to attend a event held by this “independent” entity as long as he didn’t directly solicit funds for it.
This Super PAC is led by several of Romney’s 2008 campaign advisers, who are intimately acquainted with some of the aides who are running the 2012 effort.
Burton’s partner is Sean Sweeney, who was a White House political aide in the Obama administration before joining this “independent” group.
Coordination doesn’t have to be direct or official to be strategic and helpful. David Plouffe, the top Obama political aide, and other operatives have trained their fire recently on Romney; so has Priorities USA Action.
It’s a safe assumption that if there’s a Romney-Obama matchup in the general election, Restore Our Future and Priorities USA Action will be on the airwaves in the battleground states of Colorado, Virginia and Ohio, and not in California or Texas.
The most ambitious “independent” venture may be the one supporting Perry. Even before he announced his presidential campaign, candidates from half a dozen such groups were assembling. Make Us Great Again reportedly had gotten word out and most of the focus now seems to be coalescing around that group.
This Super PAC has two invaluable assets: It enables rich Texans who’ve long backed Perry to make big contributions, and it eliminates any competitive disadvantage the late-starting candidate might have in taking on rivals who have a larger pool of smaller contributors. If past experience is any guide, look for Make Us Great Again to attack opponents, starting with Romney.
If these Big Money-funded groups end up playing a vital role in the presidential race, it’s a certainty, as Wertheimer frets, that they will surface in most congressional elections the next time. By then, all the checks and balances instituted after Watergate will have been rolled back.
Saturday, July 2, 2011
bad seven times, Good Seven Times!
Thais have begun voting in what is expected to be a tight general election, one that could prove pivotal to the future of the kingdom.
There are 40 parties competing to fill the office of prime minister and 500 seats in the House of Representatives, according to the Thai Election Commission website. There are 1.2 million election workers and more than 94,000 polling stations for the country's estimated 47 million eligible voters to cast ballots, the website said.
Who wins Sunday's vote is far less important geopolitically than whether or not the results are accepted, according to Ernest Bower, Southeast Asia program director for the Center for Strategic & International Studies.
Yingluck Shinawatra, the head of the Pheu Thai party and sister of former Prime Minister Thaksin Shinawatra, is expected by pollsters to have an edge. She is standing against Abhisit Vejjajiva, the incumbent Prime Minister and leader of the Democrat party.
Victory for the Pheu Thai party would make Yingluck the country's first female premier.
The election will be Thailand's 26th since it became a democracy in 1932, before which it was an absolute monarchy.
The country has been governed under 17 constitutions and has had 18 military coups (both actual and attempted).
Investment ideas: Thai stocks = as cash will probably flood the domestic economy following the general election as the new government will speed up the implementation of the populist policies to please its supporters. All political parties have similar campaigns with more spending to spur economic growth.
If the election is accepted, then Buy Thai banks, property companies and tourism-related stocks. Dusit Medical Services Pcl, the nation’s biggest private hospital operator, Minor International Pcl, which runs the largest hotel and fast-food chains, and. Pruksa Real Estate Pcl, the No. 1 residential property developer by sales. All could be of interest!
There are 40 parties competing to fill the office of prime minister and 500 seats in the House of Representatives, according to the Thai Election Commission website. There are 1.2 million election workers and more than 94,000 polling stations for the country's estimated 47 million eligible voters to cast ballots, the website said.
Who wins Sunday's vote is far less important geopolitically than whether or not the results are accepted, according to Ernest Bower, Southeast Asia program director for the Center for Strategic & International Studies.
Yingluck Shinawatra, the head of the Pheu Thai party and sister of former Prime Minister Thaksin Shinawatra, is expected by pollsters to have an edge. She is standing against Abhisit Vejjajiva, the incumbent Prime Minister and leader of the Democrat party.
Victory for the Pheu Thai party would make Yingluck the country's first female premier.
The election will be Thailand's 26th since it became a democracy in 1932, before which it was an absolute monarchy.
The country has been governed under 17 constitutions and has had 18 military coups (both actual and attempted).
Investment ideas: Thai stocks = as cash will probably flood the domestic economy following the general election as the new government will speed up the implementation of the populist policies to please its supporters. All political parties have similar campaigns with more spending to spur economic growth.
If the election is accepted, then Buy Thai banks, property companies and tourism-related stocks. Dusit Medical Services Pcl, the nation’s biggest private hospital operator, Minor International Pcl, which runs the largest hotel and fast-food chains, and. Pruksa Real Estate Pcl, the No. 1 residential property developer by sales. All could be of interest!
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