S. Korean Firms to Demand Compensation for Kaesong Losses

Why do I do this every day, you ask? (Again with those straw-man questions I plant in your heads.) I do it because of stories like this.

South Korean firms that lost big on the Kaesong bubble are demanding compensation from, or possibly suing, the government. So would the government in the caption — where it says “defendant” — be the government that actually shut down their operations in breach of all of the written understandings and for no legally defensible reason … or the one with the deep pocket? Guess wildly or consult the oracle of your choice.

(Wouldn’t Kim Jong Il redefine the term “judgment proof?” Actually, no.)

On a related note, doesn’t this seem like a pretty bad time to propose an inter-Korean Peace City, unless it’s just a bone thrown to mollify a few swing voters whose systems haven’t purged out the “we are one” Kool-Aid? I’d opt for a more traditional solution: orange juice and anti-histamines.

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