Thursday, March 18, 2010

Going Out With A Bang

I made another pun, because a North Korean official was executed last week by ... firing squad! I didn't realize those things were still around.

Apparently, Pak Nam-ki, who was the chief for planned economy, took the heat and the blame for a failed currency reform. The story goes on to say that this act was done to quell some unrest that is happening in the wake of the power change between the ailing Kim Jong-il and his son.

From the story:

'The last straw for Pak's fate was the perception the policy blunder was going to affect the succession process, Yonhap said.
South Korea's defense minister said on Wednesday that Kim was struggling to keep the North under control as he tried to ensure the succession of power to his youngest son. But there is public unrest in the aftermath of the currency measure, which built on prevalent general social discontent.'

Yikes. Sounds a little more dicey than normal up there. Is the situation ripe for a rise of the proletatiat???

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