Saturday 17 July 2010

Dodgy slum ventures


‘Can you buy a drink for Ball? He’s pacing up and down like a wild thing,’ said his mother.

She called me at work.

‘I have run up a tab at a shop close to here...B300-400 on beers for him,’ she said.

‘When I call, you don’t answer. Today you dropped in, but stayed just a second,’ she complained.

Mum sounds desperate. She is running out of money, having to borrow just to buy the family food.

‘If you agree to pay, I will put two beers on the tab and you can give me the money when you visit next,’ she said.

I dropped in earlier in the day, but after seeing the foul look which Ball’s girlfriend Jay gave me, quickly left for home again.

Mum is in trouble financially as a result of a business venture she has entered.

It might just be a temporary thing, but it could also be a sign of bad news to
come.

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Mum has bought a second-hand pick-up truck for B170,000, and is now involved in a venture selling cut-price petrol.

She bought it by exchanging her gold for cash at a pawnshop.

Earlier, she had contemplated borrowing the money from a finance company, and asked me to help raise the money she needed for a deposit.

I said no, so she went ahead and traded in her gold.

I did not know Mum had so much money hanging around her neck. I knew she owned a Volvo, parked up somewhere for want of a battery.

That should have alerted me to the fact the woman has money, even if she chooses to spend little of it on her own home, which is a tip.

I failed to pick up the signs. She is asset-rich, but cash poor.

I should have listened to carer R, all those months ago, when he said: 'Don't worry about Ball. His mother has money...she just chooses not to give her kids any of it.'

I think now of the times she has asked me for help buying this or that small household item, and feel annoyed.

The cash she needs to keep her family going from day to day wasn’t there, but that might be because she lost it in gambling, or had lent it to someone. Who knows? Meanwhile, she lives in a freehold home, and owned gold worth at least B170,000.

'I traded in amost everything to raise money for the truck, as I don't want to be in debt,' she said.

If I gave her money, it was for useful things such as paying for a phone top-up when Ball started a new job; or helping buy new work clothes for him.

None of the jobs last, because Ball does not like being told what to do. He took up a job recently at an insurance firm, but lasted just two days there.

He walked out after getting into an argument with an insurance salesman – a mere desk jockey, little more elevated in social status than Ball himself.

Since then he has been unemployed.

I find it hard to get excited now when he tells me he has found a new job, because I suspect he does not really want it.

I doubt I will help pay for his work clothes again, unless I should succumb to some new bout of pity towards him or his mother, and part with money even when I know I shouldn’t.

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Ball's girlfriend Jay is unhappy about my frequent visits to their home, Ball tells me.

She has asked about the gay thing, and why I am hanging around.

However, Ball has assured Jay that I am just lonely and in need of a friend.

'In fact, the farang hopes that you and I will have kids one day,' he told her.

After hearing that, Jay was reassured about my intentions, he said.

Ball and I met outside his home for a quiet beer in a basketball court on the outskirts of the slum.

Earlier, we joined a drinking circle at his place, comprising his mother and her friends.

Ball did not enjoy their company, as he prefers to sit alone, or with me.

The atmosphere improved when mum's guests left, as it was just his family, me, and the kids at play.

But Ball wanted another quiet one so I met him outside on the basketball court - the first time we have taken a drink together outside his place since carer R, owner of the ya dong stand where we first met, left for the provinces months ago.

‘You have been good to me, buying me drinks even when I don't have the money,' Ball told me.

I wanted to hear something about how I was a supportive friend, too, but it didn't come. Maybe that would be expecting too much.

Half an hour later, Jay turned up. She scolded him for sneaking out.

Ball persuaded Jay to join us on the bench seat. They started cuddling, which made me feel out of place, so I left them to it.

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Mum bought the truck by exchanging her gold for cash at a pawn shop. Now she wants to take the ownership papers to a finance company which she hopes will lend her money to get herself back into her gambling circle.

At the moment, she can't play to her heart's desire, because her capital is tied up in the pick-up.

A few days ago, she sounded me out about a loan. Once again, I shall say no.

A sneaky tattooed worm of a man started turning up at her place about the time she decided to buy the truck. His name is Kung.

Kung hires the truck from Mum every day to pursue a petrol venture in which she is his silent partner.

He buys cheap petrol from truck drivers, who call him when they have something to sell.

In Mum's truck, he travels to meet them, takes delivery of the petrol, and the next day sells it to petrol stations. The difference in price is his profit.

He employs youngest son Beer to lift the petrol into the back of the truck.

After truckies call, Kung borrows the money he needs from Mum to pay them. I have seen her pull huge wads of cash from her purse, which she hands over to Kung.

He goes to see them the same night, and the exchange takes place.

He pays Mum B500 a day for use of the truck, and wages for Mr B. Ownership of the pickup truck is in Mum's name.

Sound dodgy? I suspect the truck drivers are slyly selling their boss's petrol on the side and pocketing the proceeds. We will see.

2 comments:

  1. 10 comments:

    Hendrikbkk16 July 2010 at 23:18
    I am glad everything back to normal: Ball out of a job, Jay giving you the evil eye and Mum asking you for money. Isn't it a bit depressing?
    One other thing, does Ball refer to you as 'the farang'?

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    Anonymous17 July 2010 at 04:52
    Hendrik.. of course he does.. and he probably refers to Bkk as 'the queer' or whatever that is in Thai.

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    Bkkdreamer17 July 2010 at 05:20
    Hendrik:

    Yes, it is depressing.

    No, I doubt he refers to me as the farang. I put it in the quote for ease of explanation.

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    Michael Lomker17 July 2010 at 07:07
    I think you guys have to keep in mind that there is no Social Security or 401k accounts for Thai people. Gold and other physical assets are their savings.

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    Bkkdreamer17 July 2010 at 07:35
    Now Mum is the owner of a second-hand car rather than gold.

    I think I would rather have the gold.

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    Anonymous17 July 2010 at 18:55
    dearest bkk...its much better to just be an observing friend now to this family and not get involved again in spending money on them or doing favors that later disapoint you...if you cut off all financial help ...your answers of this questionable friendship will prevail...i do hope that mum and the clan appreciate you for advise and friendship..they could learn alot from you but they have to apply this knowledge themselves....many moons ago i said that if mum is the loan shark she is better off then the whole soi

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    Bkkdreamer17 July 2010 at 19:11
    Anon: Thank you. The financial help has ended. For the moment, so too have my visits.

    I did not appreciate Ball's remark the other night that I was (merely) a drinking friend. Apart from that, I get sick of his girlfriend's moody presence casting a pall over everything.

    I am also annoyed with the mother for entering this foolish business venture with Kung. Apart from buying the pick-up (which, according to idle taxi driver Lort, is over-priced), she is also stumping up the capital for the petrol venture.

    So far she has paid him B7000, which he uses to buy the petrol.

    He pays her rent for the pick-up every day of B500, plus a bit for her son's wages, and a little interest on the capital.

    Some days it can reach B800.

    However, she cannot use the truck. It sits idle most of the day, but because she has rented it out, she has also forfeited the right to use it as a family vehicle.

    She will also need much more than the rent Kung pays if she hopes to regain her gold. The term of the pawn shop loan is five months. If she had taken it out for a year, she might have some chance of raising the sum she needs to reclaim the vehicle.

    She is also paying 2% interest on the pawn shop loan, says Lort.

    The whole thing looks a disaster. To my eyes, she has put her own family at risk.

    Yesterday, she called twice, no doubt hoping I would pay for her son's drink. I declined to pick up the call.

    Her place, and the people in it, give me the pip at present. I'll go back (if I go back) when I have forgiven them.

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    Anonymous18 July 2010 at 08:06
    dearest bkk....there is nothing to forgive...this is their daily life...except that fact...mum has been scamming for years..you are the insurance policy..but your not paying off...this is good..tell mum "every one has to play the cards that are dealt to them"..tell her you have your own finacial problems that you must balance out....stay strong on that...the good hearted sometimes gets weak...she is asset rich (for thai soi dwellers...they will survive without your help....then lets see if they still appreciate your (drinking friend) relationship..if she made the wrong biz decision let her deal with it...as for jay and ball..they both are insecure with jealousy problems that of course she will use you for that

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  2. Bkkdreamer18 July 2010 at 08:17
    I have told her before that I do not have much money to spend. She appears to accept that.

    She also believes that I am too busy with work at the moment to visit or even return phone calls, which suits me, as I am not in the mood for being nice.

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    Anonymous18 July 2010 at 18:47
    dearest bkk...i am relived that your "playing your cards" that way...friendship is friendship..lets keep mums biz dealings to her self..ball should be less pampered (drinks on his command even though he has so far refused to work) he has got to pull his weight sooner or later...maybe sooner if he stops getting free liquor....the past is the past...now you can deal with this a little wiser that you have seen the big picture of MUM INC.....if she owns her flat she miught be more asset rich than a working farang in bangkok...lol

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Comments are welcome, in English or Thai (I can't read anything else). Anonymous posting is discouraged, unless you'd like to give yourself a name at the bottom of your post, so we can tell who you are.