China Will Give Kim Jong Il $10 Billion, Violating the Spirit and Letter of U.N. Security Council Resolutions It Voted For
[Update: More here, at the Daily NK] Consistent with reports I’d linked previously, China is now offering a financially beleaguered Kim Jong Il a massive bailout, in obvious retaliation for America’s assistance in helping Taiwan to defend itself against the Chicom missiles aimed at its cities, and likely also as a way to bail Kim Jong Il out after the self-inflicted catastrophe of The Great Confiscation. China’s decision factors in the assumption that America lacks the spine to respond by...