In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Oct. 24, 2006 / 2 Mar-Cheshvan, 5767

Divest North Korea

By Frank J. Gaffney, Jr.

Printer Friendly Version
Email this article

http://www.JewishWorldReview.com | North Korean dictator Kim Jong-il has reportedly told Chinese interlocutors he is "sorry" about testing a nuclear weapon and is willing to resume participation in the so-called Six-Party Talks. It is predictable that diplomats in this country and elsewhere will seek to parlay this "breakthrough" into new negotiations. If past practice is any guide, however, these talks will translate into additional strategic, financial and political concessions for the North, even as it continues building its nuclear weapon stockpile and perfecting its long-range ballistic missile programs — the very actions such concessions are meant to foreclose.

Rather than fall for this gambit yet again, the United States needs to adopt a wholly different strategy — one aimed at bringing down Mr. Kim's regime, not propping it up. Only by so doing, is there a chance of avoiding the cataclysm that will result as the despot of Pyongyang aggressively brandishes, and perhaps uses, his weapons of mass destruction and/or makes them available to willing buyers.

To be sure, there are two major impediments to such a U.S. policy. The first is Communist China's determination to perpetuate this danger, rather than reverse it. It should be clear Beijing will not be a helpmate to the cause of freedom, no matter how often Secretary of State Condoleezza Rice and others contend it is.

The second — and possibly more tractable — impediment is posed by our nominal ally, South Korea. Seoul is guided by its left-wing, appeasement-minded president, Roh Moo Hyun, and the vested interests of roughly 10 publicly traded South Korean firms led by Hyundai that are determined to extend the misery Mr. Kim has inflicted on his people by simultaneously exploiting them for what amounts to slave labor, while enriching the North Korean despot. This is the effect of a variety of the North's "Social Overhead Capital" (SOC) projects underwritten by the South.

The leading edge of these projects is an industrial park at Kaesong and a major tourist resort at Mount Kumgang. Editorializing on the odious nature of these ventures last Thursday, the Wall Street Journal observed:

"The Kaesong industrial park and Mount Kumgang resort are the centerpieces of the South's misbegotten 'Sunshine Policy' of engagement with the North. They are also money machines for Kim Jong-il, contributing to the record $1 billion North-South trade last year. ... Now that U.S.-led financial sanctions have reduced the North's cash-flow from counterfeiting and drug-smuggling, money from the two sites is even more critical to the survival of Kim's regime."

The Journal noted the South Koreans responded to the unanimous U.N. Security Council resolution imposing additional sanctions on North Korea by immediately announcing the two sites would be exempt from their strictures.

The reason is not hard to fathom: According to a Web site maintained by one of Hyundai's subsidiaries [http://www.hyundai-asan.com], South Korea expects to invest nearly $15 billion in these SOC projects in the North [including construction of new power utilities ($2.3 billion); developing telecommunications networks ($6 billion); the establishing and maintaining railroads ($4.7 billion); supplying water to Mount Kumgang ($770 million); and creating a new dam on the Imjin River ($660 million).] The hope is to grow the number of North Korean laborers slaving away for roughly $1.10 per day from 8,200 to 730,000 by 2012.

Hyundai's role in all of this is central. According to the Hyundai Asan Web site, in 2000 Hyundai obtained "exclusive business rights" for all such SOC projects. These rights are "for a period of 30 years" and extend to "the concrete development, construction, blue-print, maintenance and management regarding infrastructure projects and core industries projects and related trade and others that are being financed single-handedly by Hyundai in North Korean territory or financed by a third-party nation, group, specific fund or international organization."

This sweetheart deal was reaffirmed in March 2003. The North Korean news agency reported at that time "all business rights regarding the Mount Kumgang tourism business, Kaesong Industrial complex and other SOC projects have been handed over to Hyundai."

The generous terms of this arrangement seem unlikely to have been a coincidence. In February 2003, The Washington Post reported South Korean auditors had discovered Hyundai Asan had arranged a $186 million loan from a government-owned bank in Seoul immediately before the "Sunshine Summit" in June 2000 — giving rise to the widespread belief that the money was used to lubricate that meeting and the very favorable deal Hyundai received shortly thereafter.

Astonishingly, even as Hyundai is working at cross-purposes with U.S. vital interests — including in Iran and Sudan, several of the company's subsidiaries were as of 2005 suppliers to the Pentagon. Another Defense Department vendor is Samsung, which is also doing business with Kim Jong-il. The Defense Department's reliance on such double-dealing vendors should be ended at once and the extent of the practice with respect to other companies that partner with terrorist-sponsoring regimes should be the subject of urgent congressional hearings.

At the same time, American citizens should immediately review their portfolios, including their pension funds (both public ones such as the Federal Thrift Savings Plan and private ones like mutual funds). Hyundai, Samsung and others companies helping our enemies should be forced to choose: Do business with American investors or do business with their enemies.

The time has come to privatize management of the North Korean crisis. Rather than rely on the Communist Chinese — the putative "honest-broker" in the Six-Party Talks — or our deeply conflicted allies in South Korea voluntarily to bring an end to the danger we face from Pyongyang, we must call on the American people to create incentives for ending this danger by divesting North Korea.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Frank J. Gaffney, Jr. heads the Center for Security Policy. Comments by clicking here.


"War Footing: 10 Steps America Must Take to Prevail in the War for the Free World"  

America has been at war for years, but until now, it has not been clear with whom or precisely for what. And we have not been using the full resources we need to win.

With the publication of War Footing, lead-authored by Frank Gaffney, it not only becomes clear who the enemy is and how high the stakes are, but also exactly how we can prevail.

War Footing shows that we are engaged in nothing less than a War for the Free World. This is a fight to the death with Islamofascists, Muslim extremists driven by a totalitarian political ideology that, like Nazism or Communism before it, is determined to destroy freedom and the people who love it. Sales help fund JWR.

© 2006, Frank J. Gaffney, Jr.