Posts Tagged ‘Hyundai’

Frisson d’Avril

April 1, 2017

The yin water Rabbit month ended earlier this week (on Monday or Tuesday, depending on your location under the rising new moon), but feng shui misfortunes persist for those whose star-crossed destinies are in clash with the Year of the Fowl.  Case in point: Park Geun-hye, dowager queen of Hell-Joseon.

Four years and three months after being elected, the same Park Geun-hye who vowed to become a “public welfare president” and “a president for unity” was incarcerated on March 31 as a suspect in 13 criminal charges, including bribery. The arrest warrant, which was issued by Seoul Central District Court 21 days after the Constitutional Court removed Park from presidential office, is based on a number of charges against her, including the acceptance of a 43.3 billion won (US$38.6 million) bribe from Samsung.  “Since the main charges have been established and there are concerns about the destruction of evidence, we grant the grounds for detention, its necessity and its significance,” Judge Kang Bu-yeong said.

Prosecutors managed to back up their charge that Park received 43.3 billion won from Samsung Electronics Vice Chairman Lee Jae-yong (in jail under investigative detention) in return for government rulings that helped him inherit management rights over the Samsung Group.  Their evidence included the notebook of Park’s former aide, Senior Secretary for Economic Affairs Ahn Jong-beom (in jail awaiting trial) and several text messages exchanged by Samsung staff who were discussing financial support for Choi Sun-sil’s daughter Jung Yu-ra.

Prosecutors are very likely to file charges against Park before April 17, which marks the beginning of the official election period [stipulated under Korea’s Constitution].  Prosecutors are also likely to speed up their investigation of Samsung and other chaebols, including Lotte and SK, who have come up in the investigation of Choi Sun-sil.

Mene, Mene, Tekel Upharsin

Two years ago, the handwriting on the wall which foretold Park’s downfall was literally there to be seen  –hiding in plain sight in her presidential palace.  But the message was written in the language of images rather than in Hangul or Roman characters.  I blogged about this cryptic portent in January 2015, parsing the symbolic meaning of imagery depicted in a scenic backdrop that formed part of the stage set for Park’s New Year’s message to the Korean people.  In retrospect, given what we now know about Choi Sun-sil’s control over the presentation of Park’s public persona, it’s clear that the iconic symbols crammed into the landscape were almost certainly chosen by Choi herself as a coded message to the business executives she was shaking down:  the president’s treasure bowl is to be filled through the three Blue House aides portrayed as grazing deer.

So, because Korean history inevitably repeats itself, I’m not at all surprised that the ROK is once again submerged in a tsunami of scandalous corruption.  Lee Myung-bak‘s Republic of Hyundai was briefly succeeded by Lee Jae-yong‘s Republic of Samsung, and now something else will be hastily cobbled together to masquerade as governance in the southern provinces.  In a waning Yin Fire year, Earth and Metal are signs of Korea’s future.

 

Construction.Ban

February 2, 2016

Last week UN Secretary General Ban Ki-moon created a modest ripple in the world of international diplomacy by using his pint-sized “bully pulpit” to chastise Israeli occupation and colonization policies as an egregious obstacle to that elusive concept fantasy known as peace in the Middle East.  Initially, in remarks to the Security Council, Secretary Ban limited himself to stating the obvious:

Progress towards peace requires a freeze of Israel’s settlement enterprise.  I am deeply troubled by reports that the Israeli Government has approved plans for over 150 new homes in illegal settlements in the occupied West Bank … [and has declared] 370 acres in the West Bank, south of Jericho, as so-called “state land.”  … The Bedouin community, in particular, is paying a heavy price.  I call for an immediate end to Israeli plans to forcibly transfer Bedouin communities currently living within the occupied Palestinian territory in the Jerusalem area.

Predictably, Bibi Yahu and his minions rose to the bait, unleashing a torrent of furious invective that (among other things) accused Ban of inciting Palestinian attacks on Israeli citizens.  Undeterred, SG Ban remained on the high road, and chose to respond through an op-ed essay in the New Jork Times –thus directly addressing Israel’s supporters in the United States through their propaganda vehicle of choice.  The medium itself was part of the message :

Polarization showed itself in the halls of the United Nations last week when I pointed out a simple truth: History proves that people will always resist occupation.  Some sought to shoot the messenger — twisting my words into a misguided justification for violence.  But when heartfelt concerns about shortsighted or morally damaging policies emanate from so many sources, including Israel’s closest friends, it cannot be sustainable to keep lashing out at every well-intentioned critic. … The time has come for Israelis, Palestinians and the international community to read the writing on the wall: The status quo is untenable.  Keeping another people under indefinite occupation undermines the security and the future of both Israelis and Palestinians.

Et cetera, so forth, and so on.  On the surface, these statements from SG Ban might well be cynically read as yet another instance of empty words from someone with no real power to actually effect meaningful change in an increasingly dire situation. As long as the United States is obliged to back up Israel during a presidential election year, zionist zealots cannot be restrained and Palestinians are doomed to suffer ever-intensifying oppression.  But there are two aspects of Ban’s remarks that I find interesting and worthy of further reflection.

First, the NYT op-ed piece reads as though it was written by (United States Ambassador to the United Nations) Samantha Power rather than by Ban himself.  It has the flavor, tone, rhythm and style of an American writer of English addressing an American readership –more so than would an essay composed by a Korean yangban fluent in the English language as well as his own.  Sure, there are plenty of Americans working in the UN Secretariat as Ban’s subordinates who could have done the job, but I like the idea that Ambassador Power wrote it herself –to send a message– and that the Israelis know it.  Speaking truth to power, so to speak.

Samantha_Power

Second, let’s reflect on why SG Ban might have been willing to pick a fight with Israel at this particular juncture.  Let’s recall that Ban’s second term as UN Secretary General expires at the end of this year … and that the Republic of Korea will be electing its next president in 2017.  The Saenuri (New Frontier) Party currently holds the presidency and legislative majority in Korea, and last year floated Ban’s name as a potential presidential candidate for 2017.

In order to win a presidential election in Korea (or anywhere else), enormous amounts of money must be spent to “rent” the local and regional powerbrokers who get out the vote on election day.  In Korea (as in the United States) that money comes from the wealthy –the giant family-owned industrial conglomerates (chaebol) that dominate the Korean economy (Hyundai, Samsung, LG, etc.).  The chaebol essentially own Saenuri, much as the Koch brothers own the GOP in the United States.  And where do the chaebol get a significant proportion of their revenue?  I’m glad you asked.

Ulsan

Although China, the United States and Europe are important markets for Korean automobiles and electronics, chaebol subsidiaries in the shipbuilding and heavy construction industries are deeply dependent on customers in the Middle East: specifically, the Gulf states and Arabian peninsula.  Kuwait. Iraq. Qatar. Saudi Arabia. Bahrain. United Arab Emirates.  And now, Iran too.  In Korea, as elsewhere, the customer is always right.  So maybe, just maybe, Candidate Ban is lining up future campaign contributors for a run at the Cheong Wa Dae next year.  After all, if the Saudis are willing to give a $681 million “gift” to the Prime Minister of Malaysia, surely a future President of Korea deserves a little something for his retirement years.

 

However …

None of this imaginative and fanciful speculation should detract from the fundamental truth of Secretary Ban’s stern admonishment:  Israel’s apartheid colonization policies must cease.  Of course, without regime change this is impossible: these are policies which function primarily to enrich Netanyahu’s cronies while securing his political base.  Thus Israelis have inexorably condemned themselves to close confinement in a ghetto of their own making.  Next year, in Jerusalem (and elsewhere).

 

the i’s have it

March 4, 2011

Lunghu wants to know:   howza guy supposed to evaluate the finer points of Hyundai’s latest Euro-styled automotive technology when gorgeous Swiss spokesmodels are standing around in shiny little black dresses, perched on 5″ stiletto heels?   No need to actually answer that question –it was strictly rhetorical.

source: Hyundai Motors

Meanwhile, somewhere south of Geneva…

If you can’t wait until September to watch traditional-style rowing in the lagoon and canals of Venice, plan to spend your Pentecost Sunday (June 12th) in La Serenissima viewing the spectacle that is the Vogalonga.

 

Vogalonga was born in 1974 as a regatta between friends in “mascareta” (light and narrow boats for 1 to 4 oarsmen, measuring between 6 and 8 meters long) on St. Martin’s Day.  At the time, passionate Venetian oarsmen were far from numerous, in a world increasingly oriented towards the internal combustion engine.  Thus was born the idea of a regatta without competition, in the purest Venetian tradition, in order to link all people who wanted to fight against the degradation of the city caused by motorboat wakes.  And so the adventure of Vogalonga was begun spontaneously, a course of 30 km through the canals and the most picturesque sections of the lagoon city.


It’s no more likely that I’ll be in Venice on June 12 than it is that I’ll be there in September, but ya nevah know.

You got to have a dream/
if you don’t have a dream/
how you gonna have a dream-come-true?
Dizzee Rascal

The People’s Choice

February 20, 2011

Lunghu was not aware that executives at Hyundai were familiar with the literary corpus of Oscar Wilde.   It was therefore something of a surprise to see official showroom photos of the company’s forthcoming “i40” model, tangible evidence that imitation is indeed the sincerest form of flattery.

Will this model be offered in North America with a diesel engine option?   Lunghu believes that it should be.  Cognoscenti know what he’s talking about.

source: Yonhap News Agency

In entirely unrelated news….

1]   North Korea has allegedly been observed building two new tunnels at its nuclear test facility in Punggye-ri.   ROK watchers suggest that this may herald another round of A-bomb tests by DPRK.   Of course, this may be exactly what the Kim clan wants everyone to believe:  if Comrade Meng did not bring good news during his recent visit,  Kim Jong-il may conclude that his best option is to resort once again to blustering brinksmanship.

2]   Radiation levels at (South) Korea Atomic Energy Research Institute’s (KAERI) research reactor surpassed the permitted emission limit, and a radioactive leak alert was issued.  The 30 megawatt HANARO unit is located in Daejeon, South Chungcheong Province.   The good news:  no actual leak is said to have occurred.

In entirely unrelated news…. 

1]  North Korea has allegedly been observed building two new tunnels at its nuclear test facility in Punggye-ri.  ROK watchers suggest that this may herald another round of A-bomb tests by DPRK.  Of course, this may be exactly what the Kim clan wants everyone to believe:  if Comrade Jang did not bring gpod news during his recent visit, Kim Jong-il may conclude that his best option is to resort once again to blustering brinksmanship.