Thursday, June 20, 2013

Korean D�j�Vu | Cato Institute

Korean D�j�Vu | Cato Institute: "North [Korea] cannot trade away its nuclear arsenal, pull back its advanced conventional forces, or implement fundamental economic reform. All Kim & Co. can do is attempt to extort money out of the North’s neighbors and anyone else foolish enough to pass the hat."

"What possible argument is there for keeping the subsidies going after Kim Jong-un’s recent fire-and-brimstone tirade? South Koreans are putting money into the hands of the North’s barbaric elite which is threatening to destroy the ROK. Every won sent north can be used to add more nuclear weapons, miniaturize nuclear bombs, and extend the range of nuclear-capable missiles."

"continuing to subsidize the North likely will extend the life of the Kim regime"

"[The U.S. should give] no defense subsidies for a government which underwrites its enemy"

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