Re: Chavalit Yongchaiyudh says: "only coup can fix political turmoil.."
- From: Blade@xxxxxxxxxx (Deckard)
- Date: Fri, 10 Oct 2008 18:00:03 GMT
On Fri, 10 Oct 2008 08:21:01 -0700 (PDT), Politikus <ffasia@xxxxxxx>
Another coup? Whatever credibility of Thailand with investors will be
flowing down the drain? :-(
<<< Fast Forward Asia <<<
Former Thai negotiator says only coup can fix political turmoil
Posted: 10 October 2008 1219 hrs
BANGKOK: Thailand's former deputy premier and chief negotiator with
anti-government protesters said a coup is the only way to resolve
political turmoil, local media reported Friday.
Chavalit Yongchaiyudh resigned from his government roles on Tuesday
after police and protesters clashed in front of parliament in Bangkok,
leaving two dead and 478 injured.
The clashes were the most violent confrontations since demonstrators
launched a campaign in May to topple the ruling party.
Chavalit, who was also prime minister from 1996 to 1997, told the
Bangkok Post newspaper that the Thai military needed to launch a
putsch because "there is no other way out" of the strife.
"After the military steps in, power should be immediately returned to
the people and an interim government can be formed in which every
party takes part," Chavalit said.
Thailand's powerful army chief General Anupong Paojinda has repeatedly
promised that the military would not launch a coup and would stay
neutral as the crisis unfolds.
"The situation does not warrant staging a coup," he told Thai
television Thursday, adding: "It's up to the government to decide what
to do if it cannot contain the situation."
However Chavalit said the military could quickly step aside after a
coup with the appointment of a new premier and cabinet "who represent
all sectors of society."
"Tell him (General Anupong) not to be afraid. After he does it (stage
a coup), he should pull out and let the people take it from there,"
Thousands of protesters from an anti-government coalition have been
barricaded in at Bangkok's main government compound since late August
and on Tuesday the group brought thousands more to parliament.
They are demanding that Prime Minister Somchai Wongsawat resign,
accusing his government of being a puppet of ousted premier Thaksin
Protests by the same anti-government coalition helped lead to the 2006
military-backed coup that unseated Thaksin - the 18th putsch in the
You beat me on this one!
After Chavalit's "brilliant" analysis that you quote above and the
ruling of the Thai Crook of Appeal in favour of the 9 neoNazi leaders,
the Stock Market reacted with great enthusiasm, like one can read
Let's hope that most of this Bangkok "elite" that support the PAD are
seriously hurt by this downfall.
Panic selloff halts trading at SET
Thailand's stock market regulators enforced a circuit-cut on the
market Friday after the index fell more than 10 per cent.
The Stock Exchange of Thailand (SET) index hit 449.91, down 50.08
points, or 10.02 per cent, shortly after reopening mid-day, prompting
authorities to close trading for half an hour in keeping with the
bourse's regulations. The SET resumed trading after 30 minutes.
At the end of the day, the market was off 48.03 points, or just under
10 per cent, as the SET index fell from 499.89 to 451.96, and traders
are likely to appreciate the upcoming weekend.
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