Comments on: Of Fools and Their Money

By: james

james — Mon, 05 Jan 2009 05:28:23 +0000

i think joshua is on some well deserved break.

i certainly did not mean to cannibalize joshua’s blog or anything but there is just some serious crap going on and i want those who check this blog everyday manually or via RSS that stuff (whether directly or indirectly toward KJI) is happening and be aware about it.

the latest is that KJI’s buddy Kim Jong Bill Richardson just got sacked…..i mean, he did the right thing and resign before he got sacked.

http://uk.reuters.com/article/usTopNews/idUKTRE5032KR20090104

i bet KJI’s people are FREAKING right now!!

thanks Kevin for the link about the rail cars. i knew it existed…but just couldn’t find it.

happy new year everyone!!

By: Kevin

Kevin — Mon, 05 Jan 2009 00:22:48 +0000

It’s a bit late, I know, but below is the link James mentioned regarding Chinese railcars. I heard from a contact in China, however, that the North’s practice of keeping railcars had been going on for a long time- What finally drove the Chinese to halt aid shipments was when they started finding their own railcars chopped up in the scrap iron NK was selling back to them!

http://www.iht.com/articles/ap/2007/10/19/asia/AS-GEN-China-NKorea-Food.php

By: james

james — Wed, 31 Dec 2008 15:49:45 +0000

Have the readers picked up on this one?

http://www.javno.com/en/world/clanak.php?id=219732

I’m actually completely bewildered right now.

Burma….I mean…..BURMA……actually did something right and humanitarian.

I’m completely speechless. I thought the refugees were essentially dead people walking when I first read about them. Didn’t even bother giving them a chance.

It goes to show that actually Burma….fricking BURMA….is more humanitarian the Roh and the Korean consulate in China toward NK’s.

By: Jack

Jack — Mon, 22 Dec 2008 22:25:12 +0000

The whole Orascom deal is a failure from the gate. I do not see how somebody could invest hundreds of millions of dollars in a venture where only less than 1% of the population can use. I mean what the hell? Most people are eating tree bark, and a handset runs more than a year’s wages.

I cannot see them turning a profit. It is simple arithmetic.

By: ROK Drop Weekly Linklets - 21DEC08

ROK Drop Weekly Linklets - 21DEC08 — Mon, 22 Dec 2008 08:40:23 +0000

[...] Has any big name venture ever made money in North Korea? [...]

By: North Korean Economy Watch » Blog Archive » Inter-Korean trade falls for second straight month

Sun, 21 Dec 2008 01:57:14 +0000

[...] AndÂ According to the Hankyoreh (h/t OneFreeKorea): [...]

By: james

james — Sat, 20 Dec 2008 15:27:07 +0000

oh god. i’m sure you and readers have seen this one, how Rice claims that ‘only a fool would trust NK…’:

http://uk.reuters.com/article/burningIssues/idUKTRE4BI6AJ20081219

i’m not even going to comment further. i guess it was a chuckle –> fury for me as i’m waiting in the checkout line at target.

one thing i hate in the corporate world that i work in……people who cover their asses and not take responsibility.

i haven’t seen the latest state dept org chart, maybe the state dept readers of your blog can forward one….but i can double down that the liar chris hill still reports to condi.

By: Whitey

Whitey — Fri, 19 Dec 2008 07:56:41 +0000

Thanks for the post. I’ve been enjoying your blog a lot recently.

The phrases “breakdown in inter-Korean relations” and “strained inter-Korean ties” are in the article. I’ve come to believe that there are no inter-Korean relations. The idea itself is a fantasy concocted by proponents of the Sunshine Policy. The relations can’t be harmed, strained, damaged, or broken because there simply aren’t any — unless one counts the bloodsucker & dupe relationship.

By: james

james — Thu, 18 Dec 2008 20:58:26 +0000

I was trying to find the link…can’t find it, but remember a couple of years ago china stopped providing NK with whatever type of aid until NK returned the rail cars that were sent into NK?

Reminds me of this neighborhood thug that used to ‘borrow’ mine and other neighborhood kids’ atari 2600 games. Of course they were never returned.

But while I was searching for that article about the never returned chinese rail cars, I ran into an article about a finnish couples trip to NK:

http://www.hs.fi/english/article/It+was+definitely+a+labour+camp+-+Finnish+banker+documents+North+Korean+construction+site/1135242083161

I think I hate Chris Hill more than KJI now. At least KJI really does have to do what he does.

Chris Hill is just a self serving liar.

By: usinkorea

usinkorea — Thu, 18 Dec 2008 17:52:48 +0000

I’d add the Soviet Union and China to the list. North Korea was one big huge investment – especially for the Soviets – until both realized that no matter how many billions of dollars they poured into the North to create the appearance of viability – it was just a huge black sucking hole.

It wasn’t investment — it was welfare.

And as soon as they cut it off at the tail-end of the Cold War, North Korean society drove itself into the ground like a meteor.

And North Korea’s ultimate foreign policy goal is to find a way to pressure/trick the United States into becoming its welfare patron at a minimum level compared to what the Soviet’s pumped in.