Excerpt - "How could Biden not lose damn face if these f****rs do not pass it in Congress?"
Yoon didn't pay respects to Queen Elizabeth II's coffin lying in state even though he went to the UK to go to the funeral. Yoon did not arrange a warm welcome for U.S. House Speaker Nancy Pelosi's visit to South Korea in August.
There was no welcoming delegation for Pelosi when she arrived. No one of similar position to welcome her. And Yoon did not meet her, probably because he is conservative and hates liberals and progressives.
And the media says Yoon is strengthening ties with the US and that the US made new promises to protect Korea.
Korean media also emphasizes Yoon met with Biden and the Japanese Prime Minister and talked about important matters. He met very briefly with Biden and with the Japanese Prime Minister for less than 30 minutes. Making it seem like they had serious discussions.
Media says Yoon is repairing relations with Japan that the previous administration messed up. Japan took unilateral actions against Korean and refused to talk.
How could Yoon blame that on the previous administration? Average Koreans boycotted Japanese products and Japan trips for over a year because Japan abruptly restricted exports of chemicals needed for production of semiconductors to Korea. Tried to negotiate and talk, but Japan was very arrogant. Korea now produces the chemicals locally. LOL
Yoon seems to assume that most Koreans have forgotten this.
Calling the US congress f***kers. Showing Yoon's true colors! Very uncouth.
After over a month of intense media promotion of Yoon with pictures of him holding semiconductor wafers, visiting flooded areas, ordering compensation for flood victims and prevention of floods, and other mundane actions, his approval rating has risen to 32%.
Trying to conduct deals and meet other leaders at a funeral? Very uncouth. Guess who.
I thought Yoon had the lowest ever approval rating for a Korean president after 100 days. I was wrong. It was former conservative president and current convict Lee Myung-bak with 21% (out of prison for health reasons, applied for extension of medical stay)
Yoon is trying to spend government money to help construction of infrastructure for semiconductor plants near Seoul. The government department in charge of planning and budget refused to allocate any funds stating that Samsung and SK Hynix had already planned the project and stepping in now to provide funding assistance would be inappropriate and would only serve to help Samsung and SK Hynix's spend less money on their projects.
Yoon is stated to have lost his temper and ordered his staff to get the funding. Very autocratic, yes? Seems like something Kim Jon-un would do.
The article tries to make it look as if the future of the semiconductor industry is dependent on government funding of $ 2bn over 5 years. Samsung and SK Hynix can afford to pay many tens of billions of dollars.
There's a whole ecosystem for semiconductors. Korea, US also, needs to promote the entire ecosystem. Specialized solvents, wafers, process and production equipment, parts, Korea learned that when Japan restricted exports for specialized solvents used in chip manufacturing. Took a couple of years to develop local production. The other smaller companies and workers involved need help, not so much Samsung and SK Hynix, in my opinion. TSMC, Intel, ARM and others do well without government assistance.
Would the US federal government give $ 2bn to help build infrastructure for an Apple or Tesla plant after the companies had already planned it? Before, maybe as an incentive to get something.
Yoon says Korea's survival depends on chip industry (no concrete plans, just chips are important and I will make plans to promote the industry - 20 September 2022). Tried to push government to pay for infrastructure but still making plans?
Actually, Lee is the one who said why are the developers getting all this profit and got them to pay for parks and other community infrastructure. Conservatives hate him.
They both periodically spout praises and accomplishments of their leaders, Kim Jong-un and President Yoon.
Like SBS News where commentators are criticizing political parties, but interrupt to state Yoon is going abroad and working hard to further Korea's economy and status, and that it isn't right for the ruling conservative party to be in a fight with its suspended party leader.
Yoon is going to Queen Elizabeth's funeral and to speak at the UN. It's a sudden trip and not planned for business deals or economic policies.
First time, I've heard Korean news stating that the president is going abroad to work hard for the economy. Doubt news in other countries report it that way either. Seems to occur in mainly autocratic countries.
Could be investigated by prosecutors for posts like this. LOL.
Inserting news about opposition parties among bad news (deaths, accidents, bad economy, etc.) and news about Yoon and the conservative party among good and pleasant news.
Wonder if this occurs, or will catch on (become popular) in other countries?
They found evidence, but Han stated he meant something else in the text messages. Also they couldn't unlock his phone and his fellow prosecutors investigated the case.
Prosecutors are filing all these charges against any opposition, including the conservative party leader, under suspension for disagreeing with Yoon's underlings, not to mention opposition party leaders.
Could be linked to President Yoon's low approval rating?
An often used Korean and American conservative tactic against liberals?
Other countries are decriminalizing drugs...
마약·전세사기 사활 건 국수본…특진 당근까지 (Police's National Office of Investigation going all out to eliminate drugs and key money fraud. Special promotion for convictions)
There are complaints of prosecutors and police filing hundreds of search warrants against opposition politicians, while ignoring, refusing to issue search warrants and whitewashing crimes by conservative politicians.
In the old days of dictator Park, police and intelligence service framed people for special promotions. Hell, they framed an innocent man as a North Korean spy around five years ago. Luckily, it was uncovered and the man was set free. Many cases like that. Prosecutors committing crimes, but since they were in charge of investigations, they never investigated their own for crimes. So, the law was changed to give investigative power to the police and have the police report to prosecutors. President Yoon undid the law through a presidential decree, which is expected to be challenged in the mostly conservative courts.
South Korea is in for some turbulent times. Yoon was busted for abuse of power while he was head prosecutor. Old habits die hard. (Charges against Yoon were dismissed due to lack of evidence - extremely delayed search warrants and lack of effort to find evidence, apparently. Prosecutors are rarely indicted or convicted of crimes since they are in charge of investigations, indictments and prosecutions with no oversight)
Since he is president, all investigations into his crimes are suspended while in office. Investigations into his wife and mother-in-law seem to have stopped.
At the start of Korean president Yoon's administration and just before district elections, corporations pledged to invest, create jobs and other things in Korea.
As I said previously, it is an overused election gimmick to promote the conservative party.
Surprise! Today, 63% of corporations have no plans to hire new employees in the second half of this year, blaming it on the economy as always. No announcement of the hundreds of billions of dollars in investments yet. Probably have to wait till 2024, except for Samsung which has to invest its billions in surplus sometime soon. Plans to spend billions on chips and acquisitions, but no details yet.
Every single election, a large portion of the populations is mislead by false promises, false news, allegations of wrongdoing, insults, media reports stirring up indignation, etc.
Apparently, because they are going to die soon and won't be around.
Yet, the younger generation...
Obey and respect your elders? It depends. Some are mad and they control companies which pollute substantially.
Korean president Yoon really doesn't care about polls. Approval rating still at 27% according to Gallup. Suspiciously, polls used in Korean media state 32%.
His administration doing some really bad things, while pretending to be governing ethically. Keeps lying about things and making false excuses.
During former conservative President Lee Myung-bak's administration, social media sites were flooded with pro-Park Keun-hye and pro-conservative posts before the presidential elections in which Park won.
After Park was impeached, evidence was found that teams in the intelligence agency, military and police posted pro-Park and pro-conservative messages before and during the elections.
While most of the people responsible managed to weasel their way out through technicalities and questionable circumstances, at least one is going to stay in prison for a little longer.
I don't normally watch Korean TV news as the reports are pretty biased, but some very interesting things happened recently.
The conservative People Power Party leader Lee Jun-seok was ousted by allies of President Yoon in a suspicious power play.
First, someone dug up an old case and got someone convicted of a crime to claim that he provided a woman to Lee for sex many many years ago. Yoon's allies, mostly former prosecutors like Yoon, don't like Lee, who is not a former prosecutor.
Yoon's underlings in the conservative party called an ethics meeting and ruled that Lee tried to destroy evidence regarding the allegations and suspended him for six months. Then they got some members of the party's leading board to resign, so that the board would not have enough members to pass proposals. Then, they claimed that it was an emergency situation because the board could not lead the party, dissolved the board and set up an emergency committee to lead the party. Then, they tried to hold a vote to choose a new leader in January, so that Lee could not participate since he is suspended.
So, Lee filed for an injunction against the appointment of the emergency committee and won. LOL
Something like Trump trying to remove Senate Republican Leader Mitch McConnell using dirty tricks, but failing. Party power struggle.
The emergency committee chairman is claiming that the judge is biased and has questionable ideologies. Usually, the Minister of Justice should defend the judge, but in this case, the Minister of Justice is a former prosecutor and Yoon's underling.
When rulings go their way, the People Power Party insists that the law must be respected and obeyed, but when they lose, judges are biased and might be a liberal or progressive, even worse, a socialist.
The prosecutors have been sitting on investigations involving violence by People Power Party in the parliament, which is illegal, for about five years. In cases involving trumped up allegations against progressive party members, investigations are publicized right away and cases go to court within months.
President Yoon is on TV every day visiting the public and issuing orders, while the media continues to report very favorably on Yoon's actions. Some polls even claim that his approval rating has risen to 32%, but a Gallup poll disagrees and says 28%.
Companies do not pass on cost savings to consumers. They spend tons of money lobbying governments and controlling policy to generate maximum profit, while using media to spread misinformation.
Conservatives (Korean and American) and the wealthy seem to rely on misinformation to con people. At least, more people are noticing and speaking out.
I read about a new algorithm for noise cancelling earphones/headphones based on time delay. The music coming through the speakers left and right are the same, no delay in signals between left and right. Outside noise is picked up from microphones outside the case of earphones/headphones. Any signals with delay between the right and left microphones are actively cancelled through the speakers to suppress them.
There were examples of the algorithm being used in real life situations, and the noise cancelling was impressive. Present noise cancelling earphones/headphones do a good job cancelling low frequency noise, but not mid and high frequencies. The new algorithm suppressed mid and high frequency noise really well.
I tried to find the article but couldn't remember where I saw it.
I have Bose headphones and Samsung Galaxy Buds 2 earphones. I wonder which company will come out with products using the new algorithm.
Some brand just launched earbuds with 12mm drivers. I would like 12mm drivers and the new algorithm. It's nice listening to music at a low volume with clear bass and high notes. Very peaceful.
Wonder when noise cancelling earphone/headphone manufacturers will start to sell out their present inventory before introducing products with the new algorithm. It could take another year or two for a product to be developed and launched.
Did you know that earbuds and headphones generate great profit margins for the manufacturer? Far greater than most other products, excluding medicine, of course.
But I doubt that the cause is the rising interest rates.
It could be due to the downturn in the Chinese real estate market.
The Chinese have bought a lot of real estate in Korea, Canada (Vancouver), and other countries.
Korean media blames previous progressive administrations for the rise in real estate prices, but it is the conservative government that always has implemented policies that increase real estate prices. Then the progressive government and tries to reel those policies in, while being blamed by the media (and most of the public believes this nonsense).
It is now trying to ease restrictions on real estate development, reduce property taxes and extending credit to home buyers in order to resolve the supposed "housing shortage" (plenty of rentals).
In reality, the rich have a lot of real estate and do not want the prices to fall. The rich also fear inflation. Argentina still has around 60% inflation, I think. Hasn't gone down the drain.
Four of the past twelve former Korean presidents have been jailed with three pardoned to date - Chun Do-hwan, Roh Tae-woo, Park Geun-hye, Lee Myung-bak (out on bail).
The heads of Samsung, SK, Lotte, Hanwha, many more conglomerate heads, and countless corporate executives have been convicted of all sorts of crimes with many receiving pardons.
There are seemingly countless articles on jailed corporate heads. In their thinking, it's my company and my money, but in reality, it is the shareholders' company and money. That's why there is a Korean discount on Korean stocks. Need to tighten the laws and strengthen enforcement a little more.
Former president Moon Jae-in didn't grant pardons to corporate heads.
Why did incumbent Yoon pardoned them at the first opportunity? Didn't even wait till the end of the year. Why do most media praise Yoon and vilify Moon?
Why didn't Yoon pardon conservative former president Lee Myung-bak? He was just released from prison on bail. Pardoning him too would have probably been too much for the public. His pardon will come later.
Insider trading is rampant. Stock prices go up before major announcements all the time and no investigations from the prosecutors office. Almost no convictions for insider trading, I think.
Wonder if the corrupt four former Korean presidents and corrupt business heads did any business together. Robbed the country blind?
Some conglomerate group heads have received more than one pardon. No wonder they act like Trump.
Wonder if Trump will be indicted? Why not? Other countries indict presidents for crimes. Many think that he should have been jailed long ago? He'll probably be pardoned something in the future.
Wonder how vocal pro-Trump GOP members will be when Trump is indicted. It seems the most vocal are the ones that sought pardons.
There are more articles stating that it is likely that JY Lee, the head of Samsung, will be pardoned on 15 August. The articles also claim that due to his conviction, Samsung cannot do M&A deals and prepare large investment plans for the future.
Apparently testing the waters. If there is public outrage, then no pardon. If less outrage than expected, then pardon.
SK 159곳 투자할 때 삼성은 5곳뿐…"JY 사면땐 M&A 재시동" (Translated - While SK invested in 159 companies, Samsung invested in only 5... "If JY Lee is pardoned, M&As will resume")
Heads of Lotte Group, Dongkuk Steel, and STX Group were also pardoned. Lots of business heads convicted of crimes, almost always pardoned. Same with their companies. Fined and barred for bid rigging and such, then re-allowed to resume business.
The first two days of flooding saw Prez Yoon plastered on TV news visiting flooded areas, giving orders, stating that all agencies should prevent further flooding, ordering that aid be given, and such.
Reminded me of North Korean news broadcasts on Kim Jong-un. Both walking, looking serious, giving orders and expecting others to be subservient.
Anyway, there are now floods in southern Korea and Yoon is nowhere on TV, for some reason. Yoon will probably not visit the flooded areas in the south, despite the danger of seeming to not care by not visiting.
It seems public opinion is against mostly conservative politicians using the floods for publicity photos, as per their leader.
At around 2:25pm, a Korean cable news channel stated that presidents can make mistakes and that they are not perfect. He added that Yoon is doing a really good job but the circumstances make him look bad.
Never heard anyone on media say that about former administrations, like former President Moon's or Roh's administrations. They were blamed for everything bad under the sun.
Let's see if the Korean public believes this BULL.