Kim KiHyun: "The 586 Activist Generation Is Privatizing the Nation"

Negotiation Group Speech
Focuses Criticism on Real Estate Policy Failures

Kim Kihyun, floor leader of the People Power Party, is delivering the negotiation group representative speech at the plenary session held at the National Assembly in Yeouido, Seoul, on the 17th.
[Photo by Yonhap News]

[Asia Economy, reporter Lee Hyunju] On the 17th, Kim KiHyun, floor leader of the People Power Party, strongly criticized, "The Moon Jaein administration, the Democratic Party, and the 586 activist generation are privatizing the nation."

During his negotiation group representative speech at the National Assembly plenary session that day, Kim stated, "South Korea is becoming a fortress for the 586 activist generation." In his speech, he focused on criticizing the ruling party and government officials for their double standards, as well as failures in economic and especially real estate policy. Kim said, "After serving as lawmakers in their 30s and 40s thanks to their activist backgrounds, they have now swept up key positions in their 40s and 50s. Those who once tried to overturn the South Korean system are now enjoying the greatest benefits in this country and have become the very 'old guard establishment' causing the most harm to South Korea."

He also mentioned the admissions corruption involving the children of former Justice Minister Cho Kuk, saying, "The 'iron ranks for the salvation of the nation' of the 1980s have now become the 'iron ranks for vested interests' and the 'iron ranks for hereditary succession.'" Regarding the Corruption Investigation Office for High-ranking Officials (CIO) investigating former Prosecutor General Yoon Seokyoul, a leading opposition presidential candidate, he said, "Where there should be the rule of law, there is only 'Moon rule,'" directly targeting President Moon Jaein.

Kim further argued that the current administration's "pro-aristocratic labor unions and anti-business policies" have destroyed jobs, declaring, "We will achieve normalization of the employment market through labor reform." The negotiation group representative speech is typically delivered alternately by the party leader and floor leader if both are incumbent lawmakers. According to the National Assembly Act, Lee Junseok, the People Power Party leader who is not an incumbent lawmaker, is not eligible to deliver the negotiation group speech.

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