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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (157319)	1/3/2003 10:03:02 AM
From: hmaly	Read Replies (1) \| Respond to of 1580265

Ted RE...Wrong country....we're talking about SK, not NK. And from what I read, the S Koreans voted in the current guy because he was more liberal and not so fond of Bush. But then, it was a liberal media outlet that was providing the analysis..........and you know how they lie. Obviously you are talking out of a place covered by your pants. Anyone who doesn't know what the chaebol is, and how that connects to SK politics, doesn't know a whole lot about SK. Chaebol doesn't have any connection to NK, so obviously I put in the wrong letter and didn't catch it, but your ignorance of what chaebol means isn't a simple mistake; it shows your ignorace about matters that concern SK. Roh won because he promised to continue his predecessors reforms of the chaebol. Chaebol is SK big business. The chaebol would be compared to at least the top 500 combined of US companies , as the chaebol accounts for 20 - 30 percent of SK GDP. However the chaebol is in big trouble financially, and has been involved heavily in bribing gov. officials and nepotism. Also the party of GDP, was in power for yrs. under Rhyee, and Park, when the chaebol grew through bribery and nepotism into a bloated colosus, mired in debt, backed by gov loans. If the chaebol fail, then the gov would fail, becasue the gov. has no ability to pay off those loans. How is the US involved. The US army stabilizes the border and eases the worries of a NK invasion. Without US troops, a lot of investors would pull out, government guarantees would be worthless forcing bankruptcy, and the whole shibang could collapse; thereby putting the chaebol at the mercy of Roh's reforms. The US is seen as helping Rhyee and Park create the chaebols, as a reason they still exist, and if you take away the US forces, as a way to force reform. I assume you can get google out there in the sticks, in Seattle, us cheeseheads can get it here. Why not enter chaebol and find out.