Today marks the 100th day since president MB Lee was inaugurated. He holds the unfortunate claim to fame as the most unpopular president in history with an approval rating of only 19.7%.
Obviously at risk are MB LEE's hard nosed stance against unions (AUTOMAKERS meeting labour unions soon), along with the start of the Grand Canal project (CONSTRUCTION names may come under pressure). BANK privatization may also be at risk, especially after the financial labour yday said they would strike beginning June 11 to protest the govt's fund-raising plan.
We'll see more protests today, with over 100,000 people expected to gather in Seoul to demonstrate against US beef imports. Expect another day of mayhem downtown - but hopefully more peaceful than what was seen over the weekend:
Neither Dave Thomas nor Clara Peller were seen there:
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From the Economist: KAL's take on Bush... and Brown... and Sarkozy...
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On the other hand, I am working on the idea that perhaps MB Lee will look to juice up his non-existent popularity by some wild fiscal spending and boost domestic feel-good (and consumption) that way... and perhaps end up further weakenening the Won, to the benefit of some tech exporters?? Just a thought.
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