It is the nature of a dog, as Aristotle observed, to bark. It is not surprising, therefore, that it is the nature of a right wing judge to make decisions in line with their beliefs. Hence, having recently written the junta’s constitution, the judges of the Constitutional Court have ruled that democratically-elected Prime Minister Samak Sundaravej must resign because of his TV cookery show, since they deemed him to be an employee of a corporation and, hence, subject to conflict of interest issues.
Coalition MPs have promised to back Khun Samak for re-nomination but the press is still in a ferment for secret plots and conspiracies and who is it going to be next? As ever, ‘academics’ and ‘business executives’ have been found to claim that Samak must never return – in fact, three have been found to support this claim, one of whom is a faculty member of the dismal science at Chulalongkorn University and whose opinion may be judged accordingly. Having spent some time interviewing international business executives, I can reveal that they never stop complaining about one thing or another.
The Bangkok Post gets itself into a bit of a twist by trying to claim that a 0.3% drop in the SET yesterday was caused by fear of the return of Khun Samak to PM. Does that also explain this morning’s decline – or is it loss of confidence in the market because we no longer appear to have a Prime Minister – or is some international factor responsible – or is the movement of a stock exchange subject to an enormously wide range of factors many of which cannot be accurately predicted?
From a personal point of view and setting aside all the important issues, this all does reduce the psychological stress that I and my colleagues, who also work for one of Khun Thaksin’s institutions, for the rest of the world to start to realize what is going on here. Cheap jibes in the press are not the sticks and stones which may break my bones of course but they can have an effect on morale. For that reason, I was also quite pleased to see the Abu Dhabi guys take over at Man City.