calendar>>October 17. 2012 Juch 101
KCNA Commentary Slams "Saenuri Party's Presidential Candidate" for Defending "Yusin System"
Pyongyang, October 17 (KCNA) -- The "Saenuri Party" of south Korea has become all the more persistent in its moves for defending the "yusin system".

The "presidential candidate" from the "Saenuri Party" who drew criticism for defending the "yusin" dictatorial period again described the "yusin system" as an unavoidable option for "people's welfare" at a press conference for making an apology on September 24.

The moves of the "Saenuri Party" for defending the "yusin" system even after the lapse of four decades since the fabrication of the "October yusin" are aimed to bring back the dictatorial era that earned ill-fame for deteriorating people's livelihood.

The "October yusin" was a political coup which traitor Park Chung-Hee perpetrated by abusing "Meiji Restoration", that was effected in Japan in 1868 by bourgeois reformists, in a bid to establish long-term dictatorial system.

Park massively introduced foreign capital under the spurious signboards of "industrial modernization" and "economic development" and enacted lots of evil laws.

He accordingly provided foreign monopoly capitals with all kinds of preferential treatment and privileges and legally banned the formation of trade union and the staging of labor strife by workers employed by foreign businesses.

This allowed the foreign capitals to find their ways to south Korea and plunder it unhindered, bringing south Korea's economy down.

Park set up an economic system dominated by a handful of big businesses, making a number of minor businesses bankrupt and impoverishing people's life.

If there were anything that surged in the south Korean economy it was the astronomic amount of foreign debt, degree of colonial dependence and practices of all kinds of corruption and irregularities. South Korea also experienced an increasing gap between the rich and the poor and the staggering jump in the number of the unemployed.

The "yusin system" ruined south Korea's economy and people's livelihood.

The persistent defence of the "yusin system" by the "presidential candidate" from the "Saenuri Party" in disregard of public condemnation is little short of a declaration to bring back the infamous "yusin" dictatorial era.

"Economic policy" allegedly calling for "democratization of economy", "improvement of welfare" is just a whopping lie.

The south Koreans will never pardon the group of conservative traitors who seek to mock at the life of the people while defending the "yusin system".

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