Chavalit?? Is this the best they have??

Pheu Thai to push for Chavalit as next PM

The Pheu Thai Party will, at the upcoming poll, campaign for its party chairman Chavalit Yongchaiyudh as the next prime minister, party spokesman Prompong Nopparit said on Wednesday.

Prompong was speaking after Chavalit paid a visit on Tuesday to his Nakhon Phanom constituents, pledging to contest the race for the position of prime minister in a second term. Chavalit served briefly in 1997 before resigning to take responsibility for the financial crisis.

Admin wrote:Pheu Thai to push for Chavalit as next PM

The Pheu Thai Party will, at the upcoming poll, campaign for its party chairman Chavalit Yongchaiyudh as the next prime minister, party spokesman Prompong Nopparit said on Wednesday.

Prompong was speaking after Chavalit paid a visit on Tuesday to his Nakhon Phanom constituents, pledging to contest the race for the position of prime minister in a second term. Chavalit served briefly in 1997 before resigning to take responsibility for the financial crisis.

Right if this is the best they have look at this.

Chavalit’s government responded to sustained attacks on the Thai baht
and the consequent depletion of the country’s currency reserves by unpegging the
national currency from its fixed, 25 baht for $1 exchange rate. In one year, the baht lost
over half of its value, chasing foreign investors out of the country and destroying some of
the wealth built during the expansion of the previous 15 years. The banking sector
collapsed. Companies that had accumulated significant foreign debt went bankrupt. Eight
hundred thousand people lost their jobs as the unemployment rate grew three-fold. The
stock market lost 75 percent of its value. The GDP shrank by 10 percent. And three
million more people were now poor.

Oh lest I forget the many people who committed suicide, one even jumped of the 10th floor of the SET building to make his point.

Thank you, not him please