Black-Haired Genius Chaebol - Chapter 352
Only Krnovel
Episode 352: Today’s school day is really bad
Office of the President of the United States.
“Is Greg Abbott really going to ignore the federal court’s ruling until the end?”
Texas Governor Greg Abbott was at odds with the government until the end.
Chief of Staff John Klein yelled at staff reporting on the situation at Shelby Park.
But, knowing that it was not anger directed at him, German-American Deputy Karl Lauterbach paid no attention and spoke calmly.
“That doesn’t mean we can deploy federal troops.”
Klein glanced at Deputy Lauterbach and tapped the papers with his index finger in a hurry.
He himself knows what the vice-president is saying.
I just said this because I was so frustrated.
Even though the Constitution states that federal law takes precedence over state law, the federal government can do nothing if the people of the states object.
There are countless such examples.
Federal law prohibits drugs, but states may allow some drugs, and some states prohibit but allow gambling.
Many states also do not follow federal law’s minimum marriage age of 18.
From the allowable limits of taxes to the methods of collection, to the sentencing of crimes, there were many cases where federal law was meaningless.
Abortion, gun control, environmental protection, electoral systems, the list goes on.
This is just like the recent Texas incident.
A federal judge has ruled that Texas’s destruction of barbed wire is justified in the interest of human rights in Mexico and that the fence must be removed.
But even if it’s barbed wire, it’s the property of the state of Texas, and the government can’t enforce it on state property.
If the state government refuses to comply, financial support will have to be restricted or enforced, but that’s not as easy as it sounds.
Texas ranks 8th in the world in terms of projected annual volume.
It executes a budget on a scale comparable to that of Italy.
There are large reserves of shale oil, gas, and raw materials, and there are many large manufacturing complexes, such as semiconductor and automobile factories.
Texas would rather be independent than have the government limit its financial support.
So they sent in federal troops to put pressure on Texas, but instead they mobilized state troops and protesters from all over the country came to support Texas.
‘Damn, it’s not like it’s going to backfire.’
Deputy Director Lauterbach spoke quietly to the troubled Klein.
“This time, there is information that Texas is building a large-scale factory in Mexico.”
“In Mexico?”
“yes.”
“Isn’t this crazy? Biden is already running around trying to attract domestic investment, and now he’s going to build a factory in Mexico, and a large one at that? Isn’t there someone who made them build a factory in Texas?”
“It’s not something to get too excited about. The factory is run by Green Energy.”
“What? Green… … . Man, this fucking Bill Brown. Is Bill Brown involved again? Is this a deliberate attempt to provoke Texas and get us screwed?”
“Relax. Bill is close to Ellen. Biden approves of her. But I think this investment is good for us.”
“Is it advantageous?”
“Immigration is good for the Democrats in the long run, but not in this election. If anything, doesn’t it just give Trump an excuse to attack Biden?”
“Well, that’s true.”
“So Bill Brown’s investment this time will leave Trump no room to bring up the immigration issue. If Trump does bring up the immigration issue, wouldn’t Biden have a sufficient counterargument?”
“Well, that’s true. Well then, prepare a rebuttal.”
“yes.”
“And… … . check to see if that investment is definitely implemented.”
“yes.”
After Deputy Director Lauterbach left, Klein sat there thinking.
‘You’re suddenly investing in Mexico?’
What can I say, there has never been a sudden surprise like this.
That was the case with the $200 billion investment in the construction of a semiconductor complex in Texas, along with investments in Mexico.
Even though Bill Brown has a lot of money.
In fact, investing in Mexico is not a bad option if you want cheap labor.
An hour’s wage for an American worker is higher than a day’s wage for a Mexican worker.
but.
Why would companies hesitate to invest in South America or Africa?
That’s because there is no credit system.
Let alone comparing it to the United States.
Comparing the GDP of Korea and Mexico, Korea is slightly ahead.
Despite the fact that the land area is ten times larger and the population is three times larger.
Since GDP is gross national product, if they just build apartments on that vast land, their GDP will far surpass that of Korea.
But the reason why it is still poorer than Korea is because the government cannot guarantee the assets of its citizens.
In other words, the government has no credibility with the people.
Credit is a record in the books, and records create credit.
While developed countries have gone through painful and agonizing times to create this ledger, developing countries still do not have the ability to create this ledger.
Even in the United States alone, there have been battles between numerous stakeholders to record ownership of real estate on the books.
There were even many cases of bloody wars being fought.
These ledgers, which clearly stated ownership, created credit, which led to loans from financial institutions and the creation of a new economic market called investment.
However, developing countries still often have ambiguous records of ownership, and financial institutions cannot lend on such ownership.
Besides real estate, there are countless other rights to ownership.
Songs, paintings, dances, movies, sports, even names are given ownership rights, which in turn leads to investments.
This recognition of ownership is ultimately the system by which developed countries dominate developing countries with a few clicks.
This is why Mexico, with a population of 130 million and more than 10 times the land area of Korea, which has a population of 50 million and only about one-tenth of the land area, is poor.
And that’s why companies are hesitant to invest in Mexico.
‘But Bill Brown is investing in Mexico? Is he promising to be recognized for his ownership rights?’
Then the story is different.
It would be worth investing if the Mexican government guaranteed full ownership of the factories built in Mexico, from ownership of the products to the reproduction of the products made.
‘Wait a minute, if Bill Brown invests, what kind of companies will come forward?’
Bill Electron’s semiconductor complex?
Or an Ellis & Arnault electric car?
Could it be a raw materials trading company led by Vitol and Trafigura?
It won’t be Bitcoin mining though.
Because electricity in Argentina is so cheap.
I don’t know about other companies, but electric car factories are definitely risky.
Because there will be a flood of imitation products with slightly modified versions of that dazzling design.
‘Let’s just wait and see.’
hmm.
Klein, leaving his worries behind, stood up from his seat.
“It’s already this late?”
There was no set time to leave work, but I usually went home around 6 o’clock.
It was common for me to get called again after taking a short break.
‘Let’s go home first.’
The moment I came down to the West Wing lobby (the office in the White House) and swiped my staff card.
Beep~
The bell rang.
The security guards waiting nearby approached Klein, looking at him with questioning eyes.
“Hahaha, sir, I think I need to reissue my card.”
Klein laughed in vain as the security guard opened the door for him using the card.
“What kind of era is this, that it’s a defective product? Seriously, it’s not even made in China.”
“Are you going in now?”
“I don’t know. I don’t know when I’ll be called out again.”
“I guess you are very busy preparing for the election these days.”
“Yeah, well anyway, tell the IT team about this card. I’ll be there in person tomorrow morning, so have them get it ready.”
“yes.”
Klein removed the card from around his neck, handed it to the guard, and left the West Wing building.
He reached his car parked at the entrance to the parking lot.
And then I reached out to open the car door.
Eeeeeeeeeeeeng~
There was a loud noise coming from the car.
“Huh? Why is it like this?”
‘I’ve never installed an alarm.’
Just in case, I got out of the car and looked at the license plate.
‘That’s right.’
Eeeeeeeeeeeeng~
The siren continued for a while, and everyone’s eyes were focused on him.
Everyone passed by, glaring, as if they knew he was the chief secretary.
The expression on his face clearly said, ‘Why a siren in this day and age?’
I had no choice but to stay far away and wait for the siren to stop.
The siren that had been blaring loudly for a long time has stopped.
Klein approached the car and put his hand on the door.
again.
Eeeeeeeeeeeeng~
The siren started wailing again.
Something didn’t feel right.
I immediately took out my phone and called the security team.
“Yeah, it’s me. Can you look at my car right now? Something’s a little off.”
A few minutes later, four South American bodyguards arrived and searched the car with several detectors.
And less than a minute later, one of the bodyguards lifted a small electronic circuit board from underneath the car.
And gave instructions to the rest of the bodyguards.
“Search it thoroughly again.”
“yes.”
The bodyguards searched the entire car thoroughly for 20 minutes.
“There is nothing wrong.”
“okay?”
The bodyguard approached Klein.
“I think someone is playing a prank on me.”
Klein frowned and looked at the car.
“Are you kidding? This is the White House?”
“That’s why. Leave your car behind today. We’ll investigate further.”
“Well, yeah, that would be good.”
Klein handed over his card and said, “Please take care of me,” and walked through Lafayette Square Park to the Hay Adams Hotel.
Since I didn’t have a car, I planned to sleep at the hotel today.
He felt a bitter taste in his mouth as he recalled his bodyguard’s comment that it seemed like someone had been tampering with his car as he walked.
‘A joke? Does that make any sense?’
It was such an absurd thing to say.
This isn’t a movie, and I dare say this in the White House.
‘If you investigate carefully, something will come out.’
We walked across the street from Lafayette Square Park and entered the hotel.
“Please give me a room.”
“Huh? Sir, you can’t go home today either?”
A South American hotel employee pretended to know Klein and helped him check in.
Since I spent two or three days a week at the hotel, I was familiar with them.
“Okay. Please give me the room I usually use and the laundry.”
“yes.”
“I haven’t eaten dinner yet, so I’ll order room service for the usual.”
“Yes. Oh, the Cabernet Sauvignon came in today.”
“Oh, you mean Escudo Rojo came in?”
“yes.”
“Well, my mouth is watering already. Can I have a bottle of that too?”
“yes.”
Klein, who had handed over his credit card for the deposit, was momentarily imagining the taste of Escudo Rojo.
“Sir, I think there’s an error with this card. Do you have another card?”
“I was fine until this morning.”
“Oh, then I’ll try again.”
“No, just use this card.”
Klein handed the clerk another card and received the one with the error.
‘I’m having a really bad day today. How many times has it happened already?’
His White House access card malfunctioned, someone played a prank on his car, and now his credit card error.
Klein shook his head.
‘I hope there are no calls in the afternoon. I’ll drink some wine and take a deep sleep.’
I felt like my head was hurting because I was so nervous.
After arriving at my room and finishing my shower, I lay down on the bed and opened my tired eyes.
After a while.
dripping.
“It’s room service.”
“wait a minute.”
Klein got out of bed and opened the door.
A table was seen carrying dishes served in round dishes.
The staff opened the round dish aluminum lid.
A piece of steak and several vegetables stood out.
And the staff followed Escudo Rojo and offered Klein a tasting.
Klein, who had inhaled the incense to his heart’s content, smiled with great satisfaction.
And then I picked up a knife and cut the steak.
The waiter poured wine into a glass.
I cut a piece of steak and put it in my mouth to feel the texture, and I could tell that the sauce was slightly different.
“The source seems different.”
“Barceló Mexico Reforma Hotel has a new executive chef.”
“Oh, really?”
“Sir, I gave you the exact recipe, but it doesn’t taste good?”
“No, it’s much better.”
“Okay, then would you like some wine?”
“Please follow me halfway.”
“yes.”
Klein chewed the steak, savoring its rich flavor.
‘The sauce is much smoother than the last chef’s.’
He nodded with satisfaction, picked up his wine glass, and took a deep sip.
‘Well, very good.’
And the moment you are about to cut the steak, wanting to feel the same taste again.
My throat was blocked and I couldn’t breathe.
Gasp, gasp, gasp.
As I ran out of oxygen, my vision became blurry.
He reached out to the staff.
Ugh, ugh, ugh.
I wanted to ask for help, but my throat was blocked and no sound came out.
The employee picked up the phone and shouted in a hurry.
“Emergency, emergency, Klein is down.”
As Clay was losing consciousness, a staff member was dimly visible, laughing bitterly and shouting.