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Family Money: Interesting
Times
By Leslie
Wright
There is an old Chinese saying: “May you live in
interesting times.” This is not as beneficent as it sounds in English.
It is, in fact, more of a curse than a blessing.
The events of recent weeks have shown how investor
sentiment can turn quite suddenly from euphoria to panic, and produce some
“interesting times” for both commentators and investment managers.
The long-predicted sell-off of euphoria-driven stock
purchases in the U.S. finally came, and the usual crowd of doom-sayers
were wheeled out on the more hype-orientated TV news channels to predict -
yet again - the end of civilisation as we’ve known it.
The commentator on the recently revamped BBC World News
was a little more phlegmatic, pointing out that this was a nervous
reaction rather than a major crash a la 1987 or 1929.
For more astute investors (and certain portfolio
managers), the writing was on the wall several weeks (if not months) ago,
and they had reduced their exposure to the more volatile sentiment-driven
sectors - including of course the much-vaunted hi-tech sector.
Action & Reaction
Inevitably when a major market suffers a drop - whether
this is sentiment-driven or a fundamental correction - there is always a
reaction in other markets. Usually, in fact, a sentiment-driven
over-reaction rather than any fundamental change.
We saw this in 1997 when Asia took a nosedive; again in
mid-1998 when Russia and Eastern Europe took a tumble; in October of ’98
when there was nervousness in the U.S. ahead of anticipated
interest-rates’ hikes; and again in January of this year.
This last was when certain TV commentators nervously
predicted a crash in the US stock market following the Dow’s dip in the
first week (which resulted in a flurry of phone calls to me from nervous
clients who had been watching certain TV news programs), but which in fact
was merely the ‘usual’ January sell-off resulting from US investors
having waited until the new year to take profits, in order to transfer
capital-gains to the next tax year.
Sure enough, within a couple of weeks the dust had
settled in the US and it was back to business as usual, there and
elsewhere.
But why those TV commentators failed to mention this
fairly ‘normal’ yearly event is beyond me - except perhaps that their
nervous remarks justify their being wheeled out every time something
negative occurs, to comment in a manner which seems designed to increase
station ratings rather than put events into boring perspective.
Sadly though, their nervous predictions all too often
become self-fulfilling prophecies when Joe Public and the massed hordes of
other amateur investors listen, accept and react to them.
And it seems that most amateur investors’ memories
are so short that they have forgotten what happened the previous year, or
the last time the index climbed steeply and was overdue for a correction.
As has been noted several times before in this space,
whenever there is a correction - whatever the cause - the most important
thing to remember is not to panic.
For those who kept their heads and looked at these
various events dispassionately and objectively, the recent Wall Street
sell-off and reaction across other world markets then represented a buying
opportunity.
Buy cheap, sell dear
The basic principle of all business everywhere - buy
cheap and sell dear - applies just as much to strategic investing as it
does to any other business venture.
Unfortunately, many astute business people tend to
forget this basic principle when it comes to their own investments, and
all too often follow the herd up the speculative hill before buying in -
usually just before the peak (when the Big Boys take their profits), and
then slide down the slippery slope of a market correction and sell out in
a panic - usually just before the bottom.
And then they complain bitterly that the stock market
caused them to lose money, rather than placing the blame squarely where it
belongs: their own twin emotions of greed & fear.
Investing driven by emotions rather than simple common
sense - let alone sound strategic planning - is fraught with danger, and
puts investors at far greater risk than they realise.
I believe it was Voltaire who, around the time of the
French Revolution, said, “The best time to buy is when blood is running
in the streets.” The same adage applies to making money on the stock
market.
Unless of course if one wishes to fly into the
speculative bubble of internet stocks, the prices of which seem to be
based on nothing but the euphoria of amateur investors who hope to get
rich quick.
Of course, if you are not too greedy and sell out at a
reasonable predetermined figure that you have decided is “sufficient”,
you may indeed make a significant gain - if the market has not already
nose-dived before reaching that figure.
But since that game is pure speculation, it has to be
seen as such, and should be indulged in only with whatever amount you can
potentially afford to lose.
To paraphrase the remarks recently made by an
Economics’ Nobel Laureate, this sector is not for pensioners, nor where
responsible portfolio managers, entrusted with a client’s life savings
with the objective of producing him or her an income for the next 20+
years, should be placing their clients’ money.
Nor should a responsible portfolio manager react
nervously to a market correction, and sell out or buy in on flights of
whimsical fancy. One has to remain cool-headed and objective both in the
good times as well as the bad - and if the portfolio manager is worth his
salt, to have seen the writing on the wall well before the TV commentators
were wheeled out to comment on events, and to have adjusted his clients’
portfolios accordingly before events overtook him. (This will sound quite
familiar to some of this portfolio manager’s clients...)
A significant part of a portfolio manager’s job is
managing risk, and avoiding loss, as well as optimising returns within
pre-agreed parameters.
An amateur investor is not so constrained, since it is
his own money he is playing with. If he makes a lot, good luck to him; if
he loses the lot, he has only himself to blame.
However, to react nervously after an event rather than
look objectively at both the cause and effect, and to make an emotional
decision rather than a tactical one, is likely to worsen one’s situation
rather than better it.
But far be if from me to tell you what to do with your
money: you earned it and can do with it whatever you like. Nonetheless,
hopefully your investments will be made with astuteness and dispassionate
objectivity, and not simply from knee-jerk reaction to the latest sell/buy
signals from the TV commentators.
Interesting times can provide opportunities to the
calmly astute; and headaches, rending of clothes and gnashing of teeth to
those less so.
Leslie Wright is Managing Director of Westminster
Portfolio Services (Thailand) Ltd., a firm of independent financial
advisors providing advice to expatriate residents of the Eastern Seaboard
on personal financial planning and international investments. If you have
any comments or queries on this article, or about other topics concerning
investment matters, contact Leslie directly by fax on (038) 232522 or
e-mail [email protected].
Further details and back articles can be accessed on his firm’s website
on www.westminsterthailand.com.
Editor’s note: Leslie sometimes receives e-mails to which he is
unable to respond due to the sender’s automatic return address being
incorrect. If you have sent him an e-mail to which you have not received a
reply, this may be why. To ensure his prompt response to your enquiry,
please include your complete return e-mail address, or a contact phone/fax
number.
The Computer Doctor
by Richard Bunch
From Michael Breeze: I have
purchased a new notebook from Hong Kong. It contains a modem card made by
Compact Flash Technology CFT56K MDC Modem (SIL-22/Sec on Banister).
Connection to CS Internet is extremely slow by comparison with my desktop,
as is connection to web sites once connected (I can compare connection
times almost instantly so the problem appears to be with my modem and not
with the ISP). I have double checked configuration settings and am at a
loss to know what the problem is. I conclude either the modem is defective
or CS Internet doesn’t like my kind of modem. How can I fix this
problem? Many thanks for any help you can give.
Computer Doctor replies: I am assuming that the
modem you are referring to is a PMCIA one (credit card size). If as you
say you can connect, but the speed is very slow, I feel it is unlikely the
modem card itself is at fault, although this could not be totally ruled
out. Although you say that you have already checked the configuration it
is far more likely that this is the cause of the problem. Did you just
check the modem settings? Or did you go deeper? Often conflicts occur with
other devices, which prevent it from functioning correctly, if at all.
There are really too many options and possibilities to go into in this
column, so I suggest that you have the problem investigated by a competent
technician.
From: Peter (London, UK): I read your column and
indeed the Pattaya Mail every week and have been a past and recent
frequent visitor to Pattaya. I have a very simple question, which I’m
hopeful you can advise me on. Is there any software that can be purchased
which when used can translate instantly any emails sent or received from
Thai to English and vice-versa? Thank you in anticipation
Computer Doctor replies: A simple question, eh?
This is a vast subject and I have to say one that I have not had much
contact with lately. One package I do know which may fit your requirements
is Simply Translating Deluxe from L&H software. However, I think maybe
the best solution is to throw the question open to the Pattaya Mail
readers, so if any readers have first hand experience of any of these
programs, please let me know your experiences via the contact details
below and I can pass these on to Peter.
Send your questions or comments to the Pattaya Mail at
370/7-8 Pattaya Second Road, Pattaya City, 20260 or Fax to 038 427 596 or
E-mail to [email protected]
Richard Bunch is Managing Director of Action Computer Technologies Co.,
Ltd. Providing professional services which includes website design,
website promotion (cloaking), turnkey e-commerce solutions, website
hosting, domain name registration, computer and peripheral sales service
and repairs, networks (LAN & WAN) and IT consulting. Please telephone
038 716 816, e-mail [email protected] or see our website www.act.co.th
Successfully Yours: Colin
Marshall
by Mirin MacCarthy
There are many retired motorcycle racers, but not many like
Colin Marshall who has kick started his way into a new life in Thailand.
Colin, born in Great Yarmouth in the UK, and still with a
very English accent, followed his father’s love of motorbikes. “I started
motorcycle racing at 17. I distinctly remember my first race, I was so sure
I’d win. The lights changed to green and all the others were at the first
corner and I was still wondering what to do. That’s when I realized it was a
craft to learn.”
Colin had two things really going for him - belief in
himself and the dedication to persevere. “I carried on and learned the
business because I knew I could be up there. I scored 6th place in the world
championship class 24 hour World Endurance in Belgium in1984. We had formed a
team called the Bee Team and were graded second endurance team in the U.K.”
But for Colin, racing was more than a hobby. It was to
become, and still is, his life. When he talks, he speaks excitedly of races,
reliving each event as if it were yesterday. “In 1983, ’84 and ’85 I
entered the Macao Grand Prix. In ’83 I finished 3rd in the 1,000 cc class,
’84 1st and ’85 1st. In 1987 I raced in Malaysia. I got my team partner to
come out and we finished second and ended up being sponsored by Rothmans. That
was basically the start of Asia for me, and that was when I fell in love with
Thailand. I spent my prize money on a ten day holiday here and I have been
here ever since.”
Well motorcycle racing may have got him here, but how did
he stay? “When I came to Thailand it was just me and my motorbike. I started
at the Pattaya Circuit in 1987 and became a household name because I was up
there at the front and the only farang competing. At the time, many expats
couldn’t get their expensive bikes to work so they persuaded me to start a
business of motorcycle preparation. ‘High Tech Engine Developer’ is
what’s on my work permit. From the first day I was never out of work and it
helped pay for my racing.”
However, even Champions have to step down sometime - and
usually after they step off. Colin was no exception. “My last race was in
1992. I crashed and realized you hurt more as you get older. I decided to run
a team.” There was no way he could turn his back on his beloved motorcycles!
Colin is one of the few farangs here who has applied for
and is being given Thai citizenship. He explains what inspired him with
disarming simplicity, “I have no intention of going home. Principally I am
happy with the place. I married my Thai wife Chaweewan 12 years ago. We have
three sons, my family and business are here. Basically it is for the love of
the place.”
For Colin, citizenship is not just a stamp in a passport,
but is far more - it even means a new name, Phised Jaipisut. “I take my Thai
name seriously. I chose Phised because it means special. I think I have to be
special after fourteen years here. The girls in the office chose Jaipisut,
which means good hearted, as I am always helping out people in trouble,” he
grinned ruefully.
Colin, crediting standards given by his father, believes in
doing things properly. “That is why I continue when sometimes business is
difficult in Asia. If a job is worth doing then I do it 100%. That is what my
life’s work is all about. To get the team right, the most professional team
in Asia. I don’t want to save money - I want to be the best.”
And he has produced the best, including champions (even a
Japanese girl Momoko Takahishi, who in ’96 set the world alight) and a Thai
mechanic who Colin claims would be an asset in any world class team as well.
Success to Colin is wrapped up in the team. “It gives me
a buzz to know I have played a part in the team winning. I pick the right
people to win the championship. I am not stealing the glory; we have a good
team, the requirements are high.”
What motivates Colin Marshall is just total absorption in
what he is doing and he is proud of it. “My hobby is my business. I am one
of the most fortunate people in the world who can say that. I am happy here. I
am a man of my word, thanks to my father. If I promise anything it will be
delivered exact and on time. I came here with 30,000 baht, I raced for seven
years without anything. I’ve built a business and a world class race team
and I’ve never ripped anyone off.”
To understand Colin is to attempt to understand
motorcycles. “What can you really get out of anything else? The fear, the
thrill, the erotic feel all in one. Something you can’t match, the lows so
low you hope you never have to experience them and the highs so high you are
on cloud nine.”
Colin Marshall, AKA Phised Jaipisut, may no longer sit astride racing bikes
in competition, but that same man will be involved with bikes forever, in a
country that has adopted him, just as he has adopted it.
Life Force: Young
children
by Tracy Murdoch
Starting school can mean exciting new foods for some
children. They may also rebel against the usual family foods in favour of
what their friends are eating. We should embrace this rather than view it
as a problem. Although food is for nourishment and growth of the body it
also plays a key role in our social development. If you have been working
hard to help your under 5 to develop the taste for wholesome food, then
perhaps you can relax a little when they start to experiment. They may be
more inclined to “bargain” with you if you allow them to have the
foods they want.
Food is used to communicate, to show affection, to
reward and provide a feeling of security. When children first go to school
it can be a difficult period of adjustment so maybe meal times can be used
for more than just nutrition. Young children have increasing control over
what they eat and develop a thirst for knowledge, so this is a good
opportunity to teach them that there is a wide variety of foods and what
they are for. This is really important for youngsters to make informed
choices. Try to encourage children to help prepare and cook foods. Allow
them to develop a liking for eating with other people and sharing food.
These are just as important as the healthy eating guidelines below:
* Eat a variety of foods from all the food groups
* Enjoy your food
* Eat plenty to grow and be active
* Don’t skip meals
* Keep sugary foods to mealtimes and clean your teeth regularly
Snap Shots: Glamour-look
Photography
by Harry Flashman
Just what does Harry Flashman mean by
“glamour-look”? It’s easy, it means that “look” you see in
photographs of glamorous women. Every last one of them has flawless skin,
no wrinkles or crows feet and the “perfect” photo was then published
in the magazine you saw it in! And looked at again and again!
However, there is a huge industry throughout the world
producing “glamour-look” photographs for the girl next door, or for
the wife next door (or even your own). These pictures don’t end up in
books or magazines, but the end result photograph generally ends up
hanging in pride of place on the wall. And why not? It shows the lady of
the house in a most flattering and generally alluring fashion and is worth
enlarging and sticking in the lounge room, bedroom or wherever. In fact,
you will find many of the photo studios in Thailand do an enormous amount
of business in this field, even supplying glamorous gowns and traditional
dresses and outfits to do just this type of photography.
The secret in producing this kind of shot is merely a
little preparation beforehand and some thought to the lighting required.
OK, let’s look at the lighting first.
You get that warm, soft romantic glamour lighting with
warm, soft romantic lighting. Surprise, surprise! This kind of lighting is
reflected and bounced around so that there is no sharp, angular direct
lighting to produce ugly black shadows. If you really want to make someone
look old, use your on-camera flash and take some portraits. Every line,
wrinkle and crow’s foot comes up in sharp relief. Just what you don’t
need for glamour-look photographs.
So how do you produce this lighting? Well, it’s not
outdoors in the bright sun, but can be outdoors in the shade, so that
there are no direct rays of sunshine. But generally you will do better
taking these kinds of shots indoors. For the light source, use a sunlit
window with a thin voile net to soften the brightness of the sun. You can
also add in some warmth by pointing a floodlight at the ceiling. This
helps get rid of some shadow and will produce a “warming”, golden
colour into the picture. For the background, use lots of white voile or
net or even sheets hung around the place. All that we are doing is
allowing the light to be reflected easily from the white materials, so
there is no one direct source of light.
OK, so you have the best type of indirect lighting,
what about the warts, wrinkles and crows feet? Easy! Use a soft focus
filter. Harry has mentioned these before and you can buy these from the
photo shops, but it is a lot easier to make them yourself, they are so
easy. For starters, try stretching a little piece of nylon stocking across
the lens and hold it onto the lens barrel with a rubber band. You can also
make a small hole in the front of the nylon material, around the size of a
50 satang coin will do. These will give you a total soft focus filter and
a soft focus with a clearer spot in the centre. You will also do better if
you have a tripod and aim to use an aperture of around f4 to f5.6. Great!
You are now in business!
Get your model to wear the most glamorous outfit she
owns (or begs, borrows or steals) and let her look at the magazines you
have and let her come up with the “look”. Let her adopt the glamour
poses she is comfortable with and you will soon get some winners. Of
course, if there is a lock of hair spoiling the shot, then you as the ace
cameraman will have to correct this before pressing the shutter.
Finally, take lots of film. Two rolls of 36 will produce
some great shots. Even the pros take at least this in one sitting. And
don’t take the same shot 72 times! Get your model to move a little and
change poses. Happy glamour shooting!
Modern Medicine: Man
is not a large rat!
by Dr Iain Corness
There are many women out there who might contest the
title of this week’s medical column, but this is not an article about
the relative values of man in the overall scheme of daily living in
society!
When any new medication is formulated, there begins a
very long process before the new “wonder drug” is licensed for use by
you and me. Part of that process is testing the compound on live beings.
Those live beings are, however, not human beings, but are usually
convenient test animals, of which the ratty rodent is a prime example.
Rat is then fed the new drug in ever increasing
quantities until the dose strong enough to kill 50% of the rat population
is reached. The scientists call this the LD50 (Lethal Dose) for the new
compound for rats.
Pregnant rats are also fed the new drug and the
offspring are thoroughly examined to see if there are any abnormalities,
greater than the “normal” expected incidence of abnormalities. Yes,
laboratory rats are well known for being able to develop all sorts of
abnormalities if you even just look at them sideways!
Only after exhaustive testing is the drug then used in
limited test runs on a very limited human exposure group. And, by and
large, that does not include its testing on productive age females.
All this has taken an enormous length of time, so next
time you read of the new wonder drug “breakthrough” do not expect that
this will appear in the pharmacy next week. For many of these new drugs,
the release will never come as they may be found to kill more than they
cure!
However, even the ones that do get released have to be
approached with caution. Just because rat testing appeared to show that
the drug was “safe” does not mean that humans will react the same way.
As the caption this week says, Man is not a large Rat! This is what we
call “species specificity” and certainly makes the job of categorizing
new drugs even more difficult (or hazardous)!
This is one reason why women must be very careful with
the drugs they use during pregnancy, particularly in the first three
months, that time when the growing foetal structures are susceptible to
toxic chemical damage. In fact, any woman who has to take regular
medication should ask her obstetrician about the relative risks. However,
this does not mean stop taking the tablets as soon as you miss a period.
Letting the maternal problem run unchecked can be an even greater risk to
the baby than the risk from the medication taken by Mum.
Antenatal care is a very specialised branch of medicine and
I do recommend that you should check in with your obstetricians for advice.
You may not be a rat - but you don’t want to be a guinea pig either!
Dear
Hillary,
I keep on getting offensive emails from people I have
never met and I find it annoying to say the least. Is there nothing we
ordinary people can do to stop this kind of thing? 90% of them seem to be
pornographic material sites and yet when you go to the site to try and
register a complaint, you can’t get through. What do you suggest,
Hillary?
Confused
Dear Confused,
I’m confused! Are you really trying to go to the
sites suggested to complain or to check them out? I suppose you buy
Penthouse for the words, too. With the vast majority of unsolicited
emails, spam, whether pornographic or not, it is obvious from the subject
line they are junk mail. There is usually no need to open them before you
trash them. Also most servers have a ‘block sender’ facility where you
can stop that particular pest or porn purveyor from ever reaching your
inbox again. Since you are a web person, go to this site,
http://www.wackycreations.com/lastpage.html and do what it tells you,
that’s a good girl.
Dear Hillary,
One of the girls in my regular bar was reading a letter
from a farang and asked me to translate a couple of sections for her. It
was the usual boyfriend to girlfriend letter and in it he said he was
looking forward to coming back next month. When I asked her who he was,
she said she didn’t remember! Hillary, why do these girls act like this?
Surely they must remember, or was she just playing with me?
Jack
Dear Jack,
She wasn’t playing with you - you’re playing with
you! That is their job, or didn’t you know. They are usually looking for
marriage and future security material, and obviously the fond pen pal
hadn’t made as much of an impression as he had hoped.
Dear Hillary,
Recently I find I have become very attracted to one of
my workmate’s wife. She is Thai and very beautiful and she has been
making it obvious that she would not be averse to something going on
either. I know she has been seeing other guys while her husband is
offshore. My question is, should I pay her for her time, or should it be
more from the heart?
Roger
Dear Roger,
You bowl me over. Truly, are you are thinking of
betraying one of your workmate’s and wondering about the acceptability
of either offering to his wife payment or love for services rendered? The
choice is yours but either way you may get more than you bargained for. I
hope he’s 6 foot 7 inches tall and a retired Muay Thai champion. You
deserve it, Roger the Lodger!
Dear Hillary,
My boyfriend is football mad. In fact, if there is a
match on TV he will get out of our bed just to watch it. Am I being
selfish to pretend to be asleep when he gets back to bed? I feel I have to
teach him a lesson.
No Footy Fan
Dear No Fan,
Not at all selfish, my dear. There’s ball games and
ball games, he should know! However, discussing how much you feel this
practise annoys and insults you may be more effective. Just remember to
mention it sweetly when there are no football matches on. If all else
fails buy another T.V. set.
Dear Hillary,
My maid drives me completely insane. She speaks little
English and I am not fluent in Thai; however, we usually get by with a few
words and miming. She frequently does things which horrify me such as put
all the dishes and glasses and pans together in the sink and attempt to
wash them with cold running water. Or she will wipe the floor with a
dishcloth. I patiently explain and demonstrate the way I want it done, and
it is fine for a while - then she will go back to the old ways. Most times
she will put clothes away in the approximate right place but sometimes for
no apparent reason will leave them on the lounge room chair or dresser.
Most of the time she does an average to below average job infuriatingly
slowly, though sometimes she will do something bizarre such as leaving
drying washing in kitchen. If I want something in particular done which
should just be routine surely, like dusting the furniture or defrosting
the fridge, I have to ask her every single time. I truly do not know how
to make her more efficient. Do you have any suggestions?
Joan
Dear Joan,
For a start you will have to lower your standards. To
preserve your sanity simply do not watch her doing the housework. Go out,
have fun, change your focus and adopt a mai pen lai attitude. If you
cannot simply learn to put up and shut up then pay more, approximately
double, and hire an English speaking trained housemaid. The other
alternative is to do it all yourself. Welcome to the “dishpan hands”
club.
GRAPEVINE
The
rumor mill
The oddest thing is that we live in a world bombarded to excess by
information crying out to be seen, read or listened to. And yet rumors
flourish like never before. South Pattaya’s expats, with not a lot
to do in the afternoons when the bars are quiet, are especially prone
to spreading groundless gossip. Recent examples are that all farang
run nightclubs in the resort will be closed by decree before next high
season, that a failing bank is handing out forged bills as a policy
decision to keep afloat and that baht buses will be expelled from the
city on June 10th. Doubtless, there will now be those doughty souls
who repeat these stories, mentioning in passing that they read them in
Pattaya Mail. Newspapers have a lot to answer for.
1066 and all that
Of course, rumors go back a long way.
When the ancient Romans were besieging Carthage, they put it about
that those citizens who gave them themselves up in advance would not
be put to the sword. This turned out to be true, but 10,000 were
murdered with volleys of arrows. You never could trust Italians. The
world wars produced a crop of rumors which were widely believed. The
gossip that Battle of Britain pilots consumed carrots to improve their
eyesight at night was an effective cover for secret radar. The nazi
assertion that the allies intended to garrison Berlin with wholly
Jewish troops was a last ditch attempt to keep the SS fighting. As
late as 1989, Hitler was rumored in the quality press to be alive and
living on a pig farm in Bolivia. What a great place to celebrate your
hundredth birthday party.
The misinformation highway
But what has really transformed rumors is the Internet. As likely as
not, your e-mail box will be loaded with invitations to believe the
unlikely. Some are downright stupid, such as the site which claims to
tell you how to defend yourself from an anaconda attack or reminds you
to close the toilet lid as a protection against baby alligators
infesting the sewers. Other are hoaxes of a more sophisticated kind,
including the recent one that Microsoft was awarding free holidays
provided enough people sent in their names. An electronic rumor last
Christmas was that Pakistanis who spent New Year’s Eve at the
Millennial Dome would be granted UK citizenship as a reward. Thousands
believed these stories, presumably because they thought they could
profit from remarkably little effort.
Greed, tea and sympathy
The company Nike was recently bombarded with parcels after an e-mail
claimed that you could get a new pair of shoes provided you sent in a
used pair which would be donated to the world’s starving millions.
Everyone was a beneficiary in that particular scenario. Hoaxers know
how to prey on your weak spots. The American military last year
received thousands of e-mails after a posting that their space chimps
would be retired in dignity, rather than used for gruesome
experiments, provided that enough people could be bothered to send the
authorities a message. And all of us have received those pleading
requests to send a donation to a starving child whose parents have
both died tragically whilst trying to save the family dog from
drowning. |
The
secret formula
There are several main factors. Firstly,
there’s uncertainty. This means that people are not sure what to
believe because they haven’t got the facts. The conspiracy sites of
the Internet are still full of rumors about how President Kennedy or
Princess Diana died, all intended to stoke up the “no smoke without
fire” syndrome. In Pattaya, rumors about nightlife and police
crackdowns are often believable precisely because farangs have no way
of checking with the top brass. Secondly, a rumor has to be relevant
in the sense that the recipient will be interested in the subject. A
story spread round the world recently that underarm deodorants can
cause breast cancer in women. Men ignored it, their wives didn’t.
The “interest” factor also explains why Pattaya is usually awash
with rumors about Thai visa changes, sometimes accurate but usually
not. This subject is of paramount concern to all long stayers.
Everyone listens to what makes them anxious.
Catch me if you can
The key element is credulity. Researchers point
to the fact, for example, that most people are suspicious about
governments and believe they leave their citizens in the dark. This
may explain the amazing popular following for rumors about aliens from
outer space landing and living on planet Earth. Of course, some rumors
are actually true. When newspapers first said that Joan Fonda was
broadcasting to American troops about the evils of the Vietnam War,
they were not initially believed. Yet she had done precisely that.
Early net claims that President Clinton had been conducting extra
marital affairs, initially discounted by many, proved to be on target
after all.
Here to stay
Rumors are not going to go away because they are
functional. They reflect the hopes and fears of both individuals and
groups. They flow in and out of every aspect of modern life, the more
so as hi tech eases the speed of communication. Like alcohol, rumors
can be recreational but, if used to excess, can be damaging or even
downright repugnant. And, perhaps, a life without any rumors would be
a dull one indeed. As a Hollywood writer once said, “I hate
spreading gossip, but what else can do you do with it”? |
Dining Out: Old
Vienna’s Restaurant - the world’s largest Schnitzel?
by Miss Terry Diner
Down in Jomtien, on the short run up to the Dongtal Police
Station and on the opposite side from the Jomtien Plaza there is a small
Austrian style restaurant called the Old Vienna. Hidden away in the soi behind
the Seashell fish and chippery and the Country Road bar, you have to know it
is there as it cannot be spotted from the main road - yet many people have
found this place and most give it rave reviews. In fact, the Dining Out Team
were told about it by the ex GM of the Amari Orchid Resort, Pierre-Andre
Pelletier. Now when a hotelier says it’s good, it generally is!
The restaurant is a converted double shop-house, with an
enclosed “garden setting” at the front, featuring those concrete
“redwood” tables and split log chairs. Inside there is the more standard
seating, but the outside section is most popular.
The menu is quite large and begins with Fruhstuck (AKA
“Breakfast” to us) with a large at 90 baht or the small for 50. From there
it is into the snacks, generally of Austrian sausage variety (“do your
Wurst, Hans”) or salads. These range between 80 and 130 baht. Several soups
are on offer (60-80 baht) including chicken and goulash.
The mains, and there are a couple of pages of them, run
between 100 baht for the Austrian dumplings and 260 baht at the top end for
pepper steak. In this grouping are the schnitzels at 160 - 170 baht. There is
also a standard Thai menu (again a couple of pages) in the 70 - 100 baht
range.
Most beers and soft drinks are available and even white
wine and soda, called Wein G’spritzer.
Madame was unavailable on the night I went for dinner, so
there was only one order and that was for Weinerschnitzel with which I
requested fried potatoes. While waiting, a frosty glass and bottle of Singha
Gold arrived, along with a wicker container with condiments, including a tube
of Estragon Austrian mustard (do try it).
I did not have to wait long before a large plate was
brought to the table, with the largest schnitzel I have ever seen, accompanied
by a vegetable salad with mayonnaise. Pierre-Andre was right - the schnitzels
are huge.
Mine was perfectly cooked, and the potatoes with just a
little bit of bacon and onion were definitely more-ish. But it was so large I
could not eat it all, and dining alone there was no-one else to assist! Really
one of the nicest, and definitely the largest Weinerschnitzel in town - and it
only cost 160 baht!
While slowly digesting, I was entertained by the three
piece combo playing 60’s and 70’s music in the Country Road Bar, and
finished my beer as they struck up the Shadows immortal “The Stars fell on
Stockton” - but the stars really fell on Old Vienna. It was a sensational
meal and most inexpensive. One schnitzel would feed two people.
If you are looking for value as well as good food, this
restaurant has it all. We had actually eaten there previously last year and it
was good to see that their standards had not slipped and yet the prices
remained low. Go there with a “man sized” hunger!
Incidentally, the washrooms were tiled and clean with individual towels - a
nice touch in such an unpretentious restaurant. Recommended.
Lotus Eaters:
Kwan Yin - the goddess of mercy
by Mirin MacCartry
There is a revered female Deity in Asian tradition who is
comparable to the Madonna or Mother Mary of Christianity. She is Kwan Yin,
the Goddess of Infinite Mercy and Compassion.
Some few farangs may have noticed her images on the
periphery although She is a thoroughly familiar being for most Asian
peoples. She is often depicted white clothed and standing or sitting on a
lotus, holding a vase or pouring out its compassionate waters onto the
world.
This robed and veiled goddess often shows a similarity to
Madonna statues, even sometimes holding a rosary or an infant. This is
signifying her compassion and role as a child giver.
Kwan Yin is also often shown in a willow grove or with a
willow branch. The willow is an ancient shamanistic tool of China allowing
the priestess to contact the spirit world and is also the ancient Chinese
symbol of femininity.
Kwan Yin is considered a bodhisattva, one who sprang from
one of the Buddha’s tears, and is a being who has achieved enlightenment
yet chooses to return to this world to help others towards salvation.
The concept and appeal of Kwan Yin spans many Asian
religions, Buddhist, Taoist, Shintoist, Cao-Daoist. Called Kuan-Yin in
Vietnam, Kannon in Japan, Chenrezi in Tibet and Kwan-On in Korea, she is
regarded as a protector of women.
She gives blessings of children, health and long life,
grants wishes and rescues people from poverty, distress and bewilderment.
Women, and men also, throughout Asia invoke her mercy and compassion. For
the millions of followers she offers the feminine qualities of compassion,
calm, peace and serenity.
Commencing her incarnation as a male Avolakitesvara, a
Sanskrit name for “Lord who hears the cries of the world,” in China,
Kwan Yin (Avalokitesvara) later came to be most frequently worshipped in
female form as the Goddess of Mercy. This transformation from an originally
male deity into a female one seems to have occurred sometime during the
Northern Sung Dynasty (960-1126 CE) and is reflected in Kuan Yin’s
miraculous appearance in human form in the legend of Miao Shan.
In this legend, a princess shunned by her father for
refusing to marry, Miao Shan finally sacrificed her eyes and arms to heal
her father. Her eyes became diamonds and her arms golden and she ascended to
heaven to become immortal. Her father was inspired to repent his ways and
return to rule in a benevolent manner.
The oracle of Kwan Yin, called Chien Tung in Chinese, is
a temple divination practice. To use it first you enter a temple dedicated
to this Goddess, such as the Chinese temple on Pratumnak Hill on the way
leading up to the Big Buddha. Then you light incense sticks and make a
prayer for her intercession then pick up a hollow wooden cylinder of bamboo
slats. Much like consulting the I Ching oracle you shake the cylinder with
your right hand until one slat jumps out. The sticks are painted red and
gold, the traditional Chinese colours of luck and riches, and are marked on
the other with a number and character. This you then look up in Kwan Yin’s
temple text.
This is a popular practice of great solace to many Asian
people, most of them women. However, for farangs to really benefit, a
translator is recommended.
The embodiment of the divine feminine is sought in Her
warm wisdom, beauty, grace, receptive listening, gentleness and mercy. Many
feel that just to look at and reflect on Kwan Yin is to be suffused with
great calm and peace with insights into personal strengths and limitations.
But is She just for the Asian peoples? No, now there is hope for us
Westerners who want to consult the Kwan Yin oracle for advice, but cannot
read Chinese or Thai script. Diane Stein has developed a long awaited
version of the classic Chinese I Ching oracle called “A Woman’s I
Ching” and it is dedicated to the Goddess Kwan Yin and gives a needed
re-balancing of male and female, yin and yang. It is written from a
woman’s perspective but it is neither militant feminist or patriarchal. It
is a wonderful resource for getting in touch for the need to treat ourselves
with mercy and love. If you feel you need to dig a little deeper, you could
try the following web site, www.crossingpress.com and the reference number
for the book “A Woman’s I Ching” is ISBN 0-89594-857-5.
Down
The Iron Road:
Engines of War 3 - Germany
by John D. Blyth
Introduction
The previously independent German States were united
under a single government in 1870, at the end of the Franco-Prussian War;
each of the main states operated its own rail system, and these were
destined to remain under the local administration for another 50 years,
being unified by stages into the Deutsche Reichsbahn in 1920. There were
also a large number of lines of local or ‘District’ importance
(‘Landeseisenbahnen’), and these remained independent, as most of those
that remain still are.
In the 1914-1918 war, government control had to be
imposed on the State lines, but no ‘locomotive policy’ was imposed,
other than the building of the Prussian ‘G.12’ class, with small
modifications, for some lines other than Prussian. No serious shortage of
locomotives seems to have arisen overall, the Prussian system alone having
enough locomotives and rolling stock to move the German Army and all its
equipment to any part of the country within 24 hours.
The 1939-1945 War
Between the wars it might have seemed that Germany was
building more locomotives than it really needed; standard types introduced
from 1925 were in some cases being built by the thousand rather than the
hundred. Following the Dunkirk evacuation of Allied forces, the Germans may
have thought that the war was over, for train services returned to peacetime
standards and express locomotives were again being built. The entry of the
U.S.A. into the war following the Pearl Harbour debacle may have brought
them to their senses again!
Former
DR Class 52 locomotive No. 52 7073, stands outside the loco depot building
at Vienna East, Austrian Federal Railways. 7th September 1958.
Very Soon the building of new locomotives was restricted
to three types only: the heavy and light 2-10-0s of Classes 44 and 50, and
the 2-8-2 tank type of Class 86. In the first two Classes some
simplification of detail was started quite soon. In late 1941 it was decided
that the Class 50 should form the basis of a real war locomotive, but as it
was still being built in quantity the modifications were included in stages
and almost no two locomotives were alike. They bore the suffix ‘UK’
behind the number; this standing for a very long German word meaning
‘Going over to War Locomotive’.
The Class number for the final product was ‘52’m and
the first of these was out-shopped from the Borsig works in Berlin in
September 1942. Gone were all the ‘luxuries’ fitted as standard in peace
time z- the feed water heater, the top feed for water on the boiler top, the
pressure equalising piston valves, and there was much fabrication of parts
where castings had been used before and the axle boxes incorporated moulded
plastic details. The German habit of experimenting came to the fore even at
such a time, and there were many detail variations as well as major ones,
such as condensing the exhaust steam. Not all were successful!
Luxemburg
Railways locomotive No. 5505, formerly DR Class 42, stands at Petange
locomotive depot on 12th September 1959.
Virtually the whole of the German locomotive industry was
involved in building the Class 52s, including factories in the occupied
countries such as France, Belgium, Poland and Austria. Incomplete records
deny us a precise total of locomotives built as Class 52, but it is know to
be in excess of 6,400. Only in Russia is there likely to have been a more
numerous class. They were quickly withdrawn from service in Western Germany,
but lasted well in the then Eastern zone. They lasted well in Austria and
Turkey and in Norway.
The Class 42 Locomotives
As early as 1940 the possible need for a locomotive with
an axle load of about 18 tons became evident, as many lines could take that
weight, but not the 20 tonnes of the Class 44. The Class 52, like the 50,
had only about 15 tonnes on any one axle. So the design had been studied
from very early in the war. After much study by a consortium of engineers
from the main locomotive builders it was agreed that the Polish Class Ty37
should form the basis, and as usual, the builders were invited to submit
designs. It took about six months to work through all the variants, and when
eventually the detail of the lighter Class 52 became known it was agreed to
adopt the same principles for the Class 42. This is not to mean that the 42
was a ‘big 52’ as there were many differences! Some locomotives were to
be fitted with Brotan water-tube fireboxes, a Hungarian invention much used
in that country, but a late discovery of a shortage of steel tubes stopped
all that! But a few were so fitted, and the first, actually the very first
Class 42, was completed in mid-1943, and the first with a normal firebox at
the beginning of 1944.
Very early in the life of the Class 42, factions within
the DR were suggesting that it was a disappointment, in that the increase in
performance was trifling in relation to the cost, compared with the Class
52. The weight of 18 tonnes which was aimed at had not been provided, the
weight being just over 17 tonnes. Consideration was given to the provision
of a bigger boiler, or augmenting the adhesion weight by ballast below the
boiler. In the event, nothing was done, and the planned class of 3450
locomotives was far from achieved, as only 865 were ever built.
This type, too, seems to have disappeared from the
Western German system quite quickly; I cannot speak for the Eastern Zone;
however, some were to be seen in Austria and Luxemburg in the ’50s, and
some also went to Bulgaria. One in the Western Zone was fitted
experimentally with the Franco-Crosti boiler, a form of pre-heater for the
boiler water, invented by the Italians and much admired by them, but by no
one else!
There remains one more item in the ‘Engines of War’ articles; this
enters that ever-fascinating realm of ‘Locomotives that never were’. As
a curtain raiser, it concerns the locomotives designed and intended by the
Germans to work the ever-lengthening supply lines to their troops on the
Russian front. Many of the designs were of great interest and novelty, and
one has actually been marketed as an HO gauge model!
Coins of the Realm:
Coins of the Realm
by Jan Olav
Amalid,
President House of the Golden Coin
http://www.thaicoins.com
One American had been collecting Thai Coins from the
early 1950s. In 1988 he decided to sell his collection because Thai coins
had more than doubled in value the last 2-3 years.
He contacted a dealer who gave him an offer for the
collection. The collector was happy with the offer, but wanted a second
opinion from another dealer. He then made contact with Spink Taisei Coin
Auction, which at that time had conducted three auction sales in Hong Kong
and Singapore.
Gold
Bond or 1,000 baht of 1951. The 1000 baht weighed 173.879 grams and were of
995/1000 gold purity. Sold in 1988 for baht 51,000, in 2000 for baht
600,000.
Spink-Taisei offered to put the collection into their
next sale, which would take place in Singapore on the 11th of February 1988.
The auctioneer also promised to make a separate catalogue for the sale, and
they even promised the collector more for the collection than the first
dealer offered.
The auction was a great success; the coins fetched what
were at that time record prices.
But compared to what similar coins were sold for in the
last Singapore auction, the collector might have been better off keeping his
coins.
Two
baht silver coin from the reign of King Mongkut, struck in 1864. Sold in
1988 for baht 11,000; price in 2000 more than baht 50,000.
Two weeks ago I wrote about the last Singapore Coin
Auction, which took place on 23rd March 2000. At this sale a dealer from
Bangkok paid US$15,525 (bout 575,000 baht) for an Essai or Pattern one baht
RS 127 (1908) struck during the reign of King Chulalongkorn. This was
considered a bargain, and shortly after the dealer sold the coin for baht
850,000.
In 1988 a similar coin in the same condition was sold at
the sale in Singapore. The price at that time was about baht 160,000 or
US$7,150 (at 1988’s conversion rate).
Another coin, a 1000 baht from 1951, or Gold Bond, as it
is referred to in the catalogue, was sold this year in the Singapore sale
for US$16,100 or about baht 600,000. In 1988 another specimen were sold for
US$2,310 or about baht 51,000.
Very nice silver 2 baht coins, or 1/2 tamlungs, struck in
1864 during the reign of King Mongkut (Rama IV) that were in the sale in
1988 sold for baht 5,000 to baht 11,000 in un-circulated condition. Today
one would be lucky to find an un-circulated specimen for less than 50,000
baht.
This shows that collecting Thai coins during the last 12
years, and even before this, has been a good investment. Coin collecting is
also an interesting hobby with many other aspects, like history, culture and
geography to mention a few.
Most collectors are happy for what they did buy and sorry for what they
could not afford to buy or even sold.
Animal Crackers:
“Never amile at a crocodile!”
by Mirin
MacCarthy
Perhaps this is good advice, but if he smiles back then
it is a crocodile and not an alligator. The smile (or lack of it) is one of
the few differing characteristics between crocs and ‘gators, because you
can always see some of the crocodile’s teeth even when its mouth is
closed.
However, to keep these teeth pearly white, the crocodiles
employ the services of spur winged plovers that pick the pieces of meet left
between the crocodile’s teeth after a large meal. So what do you give your
pet croc that has everything? His own spur winged plover toothpick!
Asia is home to many crocodiles, with the other places
being Australia, Africa and the Americas. They are known as “cold
blooded” reptiles, so pick warm climates to maintain their 30-32 degree
body heat.
Crocs range in size between 1.5 and 9 metres and the
Estuarine crocodiles are the biggest and are the largest of all living
reptiles. They are no lightweights either and can weigh up to 1000 kg.
One possible reason why the crocodilian family has lasted
so long is because they have a community attitude and work together in both
catching food and in helping to rear their young. Several crocodiles will
also hunt in packs, sometimes moving inland in search of prey. In fact, Nile
crocodiles are known to form “dams” using their bodies, while another
member of the group catches the fish trapped by his crocodile mates. The
crocodile mothers also use the collective concept where one mother will look
after several hatchlings whilst their mothers are out catching food.
Crocodiles usually catch their food by “ambush
attack” in the water or at the water’s edge. They like crabs, turtles,
fish, flying fox, feral pigs, birds and dogs. Young crocodiles eat
crustaceans, insects and small fish. However, crocs do not eat as much as
you would imagine for their size, and being reptiles can often go two weeks
between feeding.
The death rate for the young crocodiles is very high, with only 1 in 10
hatchlings making it through to adulthood. Young crocodile is obviously
considered a delicacy by many predators. For those who do survive, the only
predator they have to really look out for is human beings as we are the
greatest threat to these survivors from the dinosaur times. So it is really
no small wonder that occasionally the crocs get their own back and eat one
of us as a protest! The chances of your becoming crocodile dinner are
actually very slight. For example, in the 1980s only eight people were eaten
in Australia. During the same period, 19 people died from lightning strike
and 21 people died from bee stings. However, it is wise to be prudent!
Copyright 2000 Pattaya Mail Publishing Co.Ltd.
370/7-8 Pattaya Second Road, Pattaya City, Chonburi 20260, Thailand
Tel.66-38 411 240-1, 413 240-1, Fax:66-38 427 596; e-mail: [email protected]
Updated by Chinnaporn Sangwanlek, assisted by
Boonsiri Suansuk. |
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