People Power Party Negotiation Group Representative Speech
Opposition to Real Estate Monitoring Agency... Efforts to Amend the Harmful Comprehensive Real Estate Tax Law
"If Not Planning to Flee, Fiscal Rules Must Be Introduced"
Solar Power, a Foreseen Disaster... Proposal for a Full Investigation of Its Harms

[Image source=National Assembly Internet Broadcasting System]

[Image source=National Assembly Internet Broadcasting System]

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[Asia Economy Reporter Lim Chun-han] Joo Ho-young, floor leader of the People Power Party, criticized on the 8th regarding the preferential treatment allegations surrounding Minister of Justice Choo Mi-ae’s son, saying, “The case involving Minister Choo’s son is a simple case. So why has the Seoul Eastern District Prosecutors’ Office failed to reach a conclusion for eight months?” He added, “Is it reasonable that the person involved in this case is at the top of the personnel and investigation command line?”


On the same day, during the plenary session at the National Assembly, Floor Leader Joo said in a negotiation group representative speech, “Minister Choo should voluntarily request an investigation by a special prosecutor or a special investigation team to prove her own words that she is ‘writing fiction.’ If she cannot do so, wouldn’t it be appropriate for her to resign?”


He also questioned, “Why is the investigation sluggish regarding allegations of embezzlement by Yoon Mi-hyang and the Justice and Sharing Foundation, the Ulsan mayoral election interference case, and the sexual misconduct cases of Park Won-soon and Oh Keo-don?” He emphasized, “There has never been such a government before. No one is above the law. This applies not only to the Minister of Justice but also to the President.”


Regarding the government’s real estate policies, he pointed out, “The 23rd consecutive failure of real estate policies is the culmination of the incompetence and mismanagement shown by the Moon Jae-in administration. They have bombarded homeowners with taxes, and the three laws on jeonse and monthly rent, which were unilaterally passed by force, have instead made a world where everyone rents monthly a reality.”


He continued, “The government plans to establish a real estate monitoring agency that is only operated in Venezuela in Latin America. We oppose the creation of a new agency that monitors the economic activities of the people in detail.” He added, “The 6% comprehensive real estate holding tax is a predatory tax that will allow the government to confiscate real estate itself after 17 years. We will not stop efforts to amend this evil law.”


Floor Leader Joo said, “We want genuine cooperation from the ruling party. The African Bantu tribe’s saying, ‘Win-win-win politics that benefits the people and both ruling and opposition parties,’ and ‘I exist because you exist’ is a truly meaningful proposal.” He stated, “It is time to stop blaming others and dividing the people. Coexistence and cooperation begin with concessions and compromises from those in power.”


He urged, “Among the 36 OECD countries, only Korea and Turkey are neglecting fiscal rules, which must be urgently introduced. We must prevent a five-year single-term government from endangering long-term national finances.” He criticized, “If this trend continues, the Moon Jae-in administration will leave over 410 trillion won in new debt to the next administration in just five years. If they do not intend to ‘eat and run,’ shouldn’t they at least present a rough plan to the people on how to repay that debt?”


He added, “The implementation of ‘Moon Jae-in Care’ has put the sustainability of health insurance at risk. The government says it will raise health insurance premiums every year to cover the shortfall, but it only boasts without any measures to handle the aftermath. Isn’t this populism?” He also said, “The sustainability of social insurance such as the national pension and civil servant pension, which are responsible for the retirement of all citizens, is also being shaken.”


Regarding the medical community strike, Floor Leader Joo said, “The government and ruling party, which have divided even the medical staff working on the front lines of the COVID-19 pandemic and caused confusion and anxiety in medical settings, should first apologize.” He proposed, “As agreed to discuss from scratch, the National Assembly should create a consultative body involving the ruling and opposition parties, medical professionals, and the government to start discussions on training an appropriate level of medical personnel and establishing an optimal medical delivery system.”


Floor Leader Joo said, “During the three years of the Moon Jae-in government, 12,720 solar panels were installed nationwide. The natural destruction caused by solar power was a foreseen disaster.” He pointed out, “Cheap Chinese solar panels have exposed mountains and valleys nationwide to heavy metal contamination, and the side effects of renewable energy policies were clearly confirmed during this summer’s monsoon season. I propose a full investigation into the damage and power generation effects caused by solar power.”


He stated, “This flood damage is clearly a man-made disaster.” He added, “The flood damage in the Seomjin River, Geum River, and Hwang River basins is a man-made disaster caused by the failure to manage the discharge volumes of Seomjin River Dam, Yongdam Dam, and Hapcheon Dam, so the government should properly apologize and take responsibility.”





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