Real Meter Poll

Korean Presidential Election


Latest Korean presidential opinion poll shows Ahn Cheol-soo at 49.4% and Park Geun-hye at 43.6% in a 2 horse race.

That leaves 7% undecided.

Assuming the 7% don’t turn up to the polling booths it’s a win to Ahn. If the 7% do turn up to the polling booths Park will need 6.4 percentage points of undecided voters. i.e. 92.9% of undecided voters … not going to happen.

Alternatively, Park Geun-hye at 46.4% and Moon Jae-in at 45.4%.

That leaves 8.2% undecided.

Assuming the 8.2% don’t turn up to the polling booths it’s a win to Park. If the 8.2% do turn up to the polling booths Moon will need 4.7 percentage points of undecided voters. i.e. 57.3% of undecided voters … not going to happen.

Kookjae News 25 October 2012

Time for Moon to decide to be a statesman as Prime Minister of the Republic of Korea, or to run for Mayor of Busan.

Posted by Errol, filed under Politics, Verus Historia. Date: October 25, 2012, 5:37 am | No Comments »

“Korea has a nasty habit of denying the existence of a problem, which actually feeds the problem and makes it bigger. Only when the problem bloats to a point where it could blow up for everyone to see will bureaucrats budge and throw an enormous amount of taxpayer money at it to extinguish the threat. I think this is happening with the household debt situation,’’ said Gongpil Choi, senior economist at the state-run Korea Institute of Finance (KIF), in a recent telephone conversation.

The core of the problem, he says, is that around 80 percent of Korea’s private-owned assets are in real estate.

To restore the health in consumer activity, it is critical to convert real estate assets into buying power, Choi said. However, property market fragility and precarious family finances suggest that households may not have the mettle to withstand a process of deleveraging.

“The deleveraging could trigger a dramatic fall in asset values, which then may paralyze the country’s financial system and batter the real economy into a long-term recession. The negative feedback on asset holders will be significant and the implosion could result in a wealth polarization much worse than the actual difference in income,’’ Choi said.

To combat the disastrous vortex of softening economic activity and spiraling debt, Korea is in desperate need of political honesty.

Korea Times, 14 October 2012


Posted by Errol, filed under Economics, Politics. Date: October 14, 2012, 7:47 pm | No Comments »

In 2005, 752 minors were booked on charges of rape, which surged 180 percent to 2,107 in 2010.

As the male population aged between 13-19 in Korea in 2010 was 2.187 million then about 0.96% of Korean teenage males were charged with rape in 2010. Thus approximately 1 in 100 Korean male teenagers are rapists.

“As sex crimes or other violent crimes committed by youngsters increase, more teens are being tried in criminal courts rather than family courts and being sent to prison,” a court official said.

If the Korean male teenagers charged in 2009 were sentenced to more than 12 months detention, then the number of male teenagers charged with rape in 2009 and 2010 are mutually exclusive sets, and the total number is approximately 4000 teenage male rapists or about 1 in 50. 1 per middle or high school class, or one per bus, or one per subway carriage.

The real figure is likely to be much higher, as most rapes are not reported in Korea, which places a premium on female chastity before marriage.

Chosun Ilbo, 15 October 2012


Posted by Errol, filed under Crime, Law. Date: October 14, 2012, 7:05 pm | No Comments »

Achieved because of, or in spite of, our political “leadership”?

Posted by Errol, filed under Economics. Date: October 8, 2012, 8:34 pm | 1 Comment »

The Nobel Prize in Physiology or Medicine 2012 was awarded jointly to Sir John B. Gurdon and Shinya Yamanaka “for the discovery that mature cells can be reprogrammed to become pluripotent”.

Gurdon and Yamanaka have developed a process in nuclear reprogramming that instructs adult cells to form early stem cells which can then be used to form any tissue type.

Like embryonic stem cells, iPS cells are also capable of developing into any cell in the body, but crucially their source material is readily available.

“John B. Gurdon challenged the dogma that the specialized cell is irreversibly committed to its fate,” the assembly said in a statement. “Shinya Yamanaka discovered more than 40 years later, in 2006, how intact mature cells in mice could be reprogrammed to become immature stem cells.”

The Nobel Assembly at Stockholm’s Karolinska Institute in Sweden, said Gurdon and Yamanaka had “revolutionised our understanding of how cells and organisms develop”.

For Julian Savulescu, Uehiro professor of practical ethics at Oxford University, the researchers’ work deserved particular praise because reprogramed cells overcome the moral concerns that surrounded research on embryonic stem cells.


“This is not only a giant leap for science, it is a giant leap for mankind. Yamanaka and Gurdon have shown how science can be done ethically. Yamanaka has taken people’s ethical concerns seriously about embryo research and modified the trajectory of research into a path that is acceptable for all. He deserves not only a Nobel prize for medicine, but a Nobel prize for ethics.”

Sir John B. Gurdon: Affiliation at the time of the award: Gurdon Institute, Cambridge, United Kingdom

Shinya Yamanaka, Affiliation at the time of the award: Kyoto University, Kyoto, Japan, Gladstone Institute, San Francisco, CA, USA

Link to Nobel Prize 2012 site

Posted by Errol, filed under Japan society, Science, Technology. Date: October 8, 2012, 5:55 am | No Comments »


Scooter on the sidewalk

Ran over me

The cops just looked

Don’t care ‘bout me


They only thinking of a restaurant

that’s got glass tables

They can watch the girls

While they are …ing


Scooters on the sidewalks

Cops just can’t stop it


Every day all over the country

It’s just like Vietnam

Don’t give a stuff about

the humble pedestrian


Only care about themselves

Just a thousand reflections

of their own sweet selves, selves, selves


Scooters on the sidewalks

Scooters on the sidewalks

Scooters on the sidewalks


Tossing out pamphlets

Of girls sitting on glass tables

Doing things for ajeossi


Ajeossi laps it up

And says it’s fun

Gets on the table

Drops his daks

And waves his bum



Scooter man on the sidewalk, admiring his reflection, in his wing mirror, scooter man …

Posted by Errol, filed under Battle Report, Crime, finger chopping wacky, Funny, Law, Music, Technology. Date: October 2, 2012, 4:36 am | No Comments »