BANGKOK?Tens of thousands of protesters converged on Bangkok Sunday and gave Thailand?s military-backed government an ultimatum: Call elections in 24 hours or face crippling demonstrations across the capital.

About 80,000 red-shirted supporters of former Prime Minister Thaksin Shinawatra, who was ousted in a military coup in 2006, arrived in trucks, cars and motorbikes from rural provinces over the weekend, carrying red flags as loudspeakers blared music about democracy and freedom.

Tens of thousands more protesters were expected by Sunday evening.

Investors worry that any violence could derail a nascent recovery in Southeast Asia?s second-biggest economy.

Protest leaders, however, insist the rally will be peaceful even if it lasts for days. They plan to maintain pressure on Prime Minister Abhisit Vejjajiva to dissolve parliament and call an election that Thaksin?s allies would be well-placed to win.

?We?re asking the government to relinquish power and return it to the people,? said Veera Musikapong, chair of the protest group, United Front for Democracy against Dictatorship, which set a deadline of Monday noon for parliament to be dissolved.

If the demand is not met, the protesters plan to march throughout Bangkok, said another protest leader, Nattawut Saikua, who raised the prospect of paralyzing many of the capital?s already congested streets.

Abhisit must go to the polls by the end of next year. In his weekly radio address on Sunday, he indicated immediate elections were unlikely, citing the tense political climate and his coalition government?s parliamentary majority.

Gov?t offices blocked

Several main roads near government offices were blocked off either by protesters? pickup trucks and motorcycles or cordoned off by police and soldiers. This could prevent civil servants and the prime minister from going to work on Monday.

The government deployed 50,000 policemen, soldiers and other security forces across Bangkok after officials warned of potential sabotage, including bombings and arson. Several foreign embassies urged their nationals in Bangkok to be cautious.

?It may get more volatile after a few days as the protest leaders step up their measures and people are tired and frustrated,? National Security Council Secretary General Thawil Pliensri told Reuters. ?We have to make sure there is no damage.?

Protesters accused the government of scaremongering.

Target: Bangkok elite

The latest turbulence adds to a seemingly intractable political crisis that broadly pits the military, urban elite and royalists, who wear the revered king?s traditional color of yellow at protests, against the mainly rural Thaksin supporters.

The protesters say the British-born, Oxford-educated Abhisit came to power illegitimately, heading a coalition the military cobbled together after courts dissolved a pro-Thaksin party that had led the previous coalition government.

Crowds gathered under tents and umbrellas, sitting on plastic sheets and mats listening to speeches and folk songs on stage. Intense midday heat drove many indoors or to find shade, but the crowd was expected to return in the evening.

?This government angers me. I never cared much about politics until a few years ago when it becomes so clear they are trying to hold onto power at the expense of people like us,? said Teerachai Sukpitak, a farmer from northeast Leoi province.

The protesters chafe at what they say is an unelected elite preventing allies of twice-elected Thaksin from returning to power through a vote.

Rule of law for all

Adding to the protesters? anger, Thailand?s top court seized $1.4 billion of Thaksin?s assets last month, saying it was accrued through abuse of power.

?We are here to ask for justice and for rule of law to be applied to all,? one protest leader, Weng Torirajkan, told cheering supporters. ?The government cannot do it because it?s too busy serving the elite.?

Thailand was plagued by political upheaval in 2008 when yellow-shirted protesters who opposed Thaksin?s allies in the previous government occupied the prime minister?s office for three months, and then blockaded Bangkok?s international airport until a court ousted the government.

Thaksin, a 60-year-old former telecommunications tycoon, has lived in self-exile mostly in Dubai since he was sentenced to two years in prison in 2008 on graft charges.

He spoke to supporters by video link from an undisclosed location in Europe late on Saturday, urging them to rally together to topple the government.

?Keep good health, be patient and stay strong,? Thaksin said. ?The more they bully me, the more I will fight.?

The ousted premier is beloved in the vote-rich north and northeast after becoming the first Thai leader to win election twice, both in landslides, largely by reaching out to the poor through unprecedented populist policies such as universal healthcare.

His critics accuse him of authoritarianism, corruption and undermining the monarchy.