Cho Kuk Elected as Leader of the Rebuilding Korea Party
Former Justice Minister Cho Kuk is still riding high with a presidential pardon, having most of his political enemies arrested or in jail, and now being elected as the leader of his minor party with almost North Korea like voter approval. Few people have had such as change in fortune more than Cho Kuk with the election of a new President:
The minor Rebuilding Korea Party on Sunday elected former Justice Minister Cho Kuk as its leader with 98.6 percent approval.
Cho was the only candidate in the election held during a national convention in Cheongju, 137 kilometers south of Seoul.
In a speech, he pledged to chart a new path not taken by either of the major political parties “with only the people’s will as the compass.”
“We are embarking in earnest on a voyage to political reform, people’s livelihood reform, economic reform, social reform and human rights reform,” he said.
Cho, who founded and previously led the minor party, returned to politics after receiving a special presidential pardon in August while serving a two-year prison term for academic fraud involving his children and unlawful interference with a government inspection.
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“…with only the people’s will as the compass.”
The Tytler Cycle:
Initial discovery: Voters realize they can receive benefits from the government without paying for them through higher taxes.
Voter-driven policies: The majority begins to vote for candidates who promise the most benefits, such as free services or social programs.
Fiscal collapse: This leads to loose fiscal policies, large government deficits, and a collapse of the economy.
Dictatorship: The resulting economic and political instability paves the way for a dictatorship to take power.