Military Coup in Thailand

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Thai Prime Minister Thaksin Shinawatra has declared a state of emergency in Bangkok amid reports of a coup attempt. (Tanks were seen surrounding Government House in Bangkok.) His problem–or perhaps his good fortune–is that he’s at the UN right now. Details are murky but Reuters is reporting that the armed forces and police has set up a commission to decide on political reforms. Thaksin has been accused of undermining democracy. Word is that elections would be called soon and Thaksin will be allowed to take part. No doubt the Council on Foreign Relations will put up something helpful soon to make sense of the background to all this…

One early upshot of the reported coup: emerging sovereign bonds (Thailand has $2.1 billion in debt) “eased slightly” on the news.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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