I Became Park Jeong-ui’s Nephew - Chapter 101



Only Krnovel

He became Park Jeong-ui’s nephew. – (101)

“Please declare.”

“I, Lyndon B. Johnson, do solemnly swear that I will faithfully execute the office of President of the United States and, to the best of my ability, preserve, protect and defend the Constitution.”

This is the White House in the United States,

After President Kennedy was assassinated, Vice President Lyndon B. Johnson became the 36th President of the United States.

The task given to the president is to quickly resolve the Middle East war and to correct the American society that has fallen into chaos.

President Kennedy suddenly died. What will happen to the social welfare and quantitative easing policies he promoted during that time?

Lyndon B. Johnson continued Kennedy’s legacy and declared his ambition to win the war on poverty.

The problem was that there were obstacles in the way, and conservatives countered that Republicans argued that Kennedy’s excessive quantitative easing policy had fueled social unrest.

Plus, the Middle East war isn’t over yet, and America’s military spending will continue, so how long will the government print money to stimulate the economy?

The Treasury also expressed concern that too much money had been loosened.

“Fiscal spending is increasing, but the government’s borrowing costs are rising as the Fed raises interest rates.”

“How much debt has increased?”

“It increased by $15.29 billion in two years.”

Medical support for the elderly, expanded education support, corporate tax cuts, minimum wage increase, subsidies for farmers, food aid to poor countries, expanded housing for the homeless, expanded unemployment benefits, etc.

These are the various bills that the Kennedy administration has promoted over the past two years.

Is this a government or a volunteer group disguised as a government?

There is a lot to do, but no money. How about printing money from the Treasury to cover expenses? Even that fell through when President Kennedy was assassinated.

The U.S. government decided to borrow money from the Federal Reserve, but the Fed decided to raise interest rates in order to revive the economy that the Kennedy administration had ruined with its reckless monetary policy.

As a result, the U.S. government’s debt is growing like crazy.

With the cost of war added to the mix, it is starting to become a burden.

We spent $15 billion on welfare, but $27 billion on war. So should we stop the war and just invest in welfare?

The problem is that even if you drag this on, it is likely to end up just pouring water into a bottomless pit.

How much has poverty been reduced by the US quantitative easing policy over the past two years?

The number of poor people has decreased from about 42 million to 35 million.

Although it has decreased significantly, 22% of the entire U.S. population still lives in poverty, and there are 250,000 college students who cannot go to college because their families are poor.

Calculations show that we will need to pour in another $60 billion to solve this problem. Is this even possible in common sense?

The United States is certainly the wealthiest country in the world, but its population is so large that it is impossible for the government to provide for all of them.

On the other hand, Kuwait has a population of just over 1.4 million, but its oil reserves are ranked in the top 10 in the world, making it possible for the country to provide free public education.

In addition, thanks to the coalition forces repelling Iraq’s invasion, military spending was also reduced.

In fact, isn’t the welfare policy that the United States is pursuing a policy that is only possible in a country with a small population and abundant resources, like Kuwait?

But Lyndon B. Johnson concluded that he had to pursue welfare policies if he wanted to be re-elected in the next presidential election.

We have to live off of it for another 10 years, so shouldn’t we be throwing money at it here to attract public support?

The Treasury decided to stop printing money and start taking money from the Federal Reserve, which made the capitalists rich.

***

‘I need to earn a little more money…’

Today, I checked the national financial statements, a daily routine that continues today.

The US government has spent about $42 billion over the past two years, and its annual income is about $9 billion, so it has spent money without any plan.

The problem is that it is likely to increase further here,

South Korea currently has two divisions deployed to the Middle East, and these are not troops sent for free.

Even during the Shanghai War, Korea received about 500 million dollars from the U.S. government, of which 200 million dollars were spent on military personnel and 300 million dollars were used as foreign exchange reserves.

So how much will we get in this Middle East war?

What is clear is that President Lyndon B. Johnson feels a great burden on welfare policy, and if the United States shifts its military spending to welfare policy, the role of the Korean military in the Middle East will become even greater.

So, are you going to get paid in dollars?

Actually, oil is better than the dollar.

There are about 300 oil fields in Kuwait, 250 of which are owned by the US and UK, and Korea only has 50.

In addition, the US has secured oil from Iraq and Saudi Arabia in this war, so it has more than enough money to pursue welfare policies.

After eating so much, are you only going to give dollars to Korea?

So I’m thinking of asking the US for Kuwait’s oil fields.

“Please give me 50 genetic regions.”

“No, what do you mean? You want 50?”

“We all know that the US took 200 oil fields in this war. You took 200, but we can’t even give you 50?”

“Ahem~.”

The United States needs Middle Eastern oil to sustain its future welfare policies.

Of course, you don’t want to give it to Korea.

But what if Korea, feeling offended, withdraws from Kuwait?

With President Kennedy assassinated and the United States in internal turmoil, if there is a rift with its ally South Korea, the China-Vietnam front could also become noisy.

If possible, I’ll hand over the genetic land.

Of course, that doesn’t solve the problem.

“From now on, Korea will manage this genetic resource.”

“No, why are you guys…?”

“The owner has changed. Do you have any complaints?”

Kuwait is currently enjoying the honey of free riding.

A country with a population of only 1.4 million has a lot of oil, so it was natural for it to be invaded by Iraq, and since the coalition forces stopped it, they provide free education and the people can live comfortably, right?

But you don’t want to pay?

South Korea pays $100 million a year to station 70,000 U.S. troops in Korea.

It’s a lot of money, but it’s worth it, so pay it.

Just the presence of US troops in South Korea makes North Korea less likely to provoke, and China and the Soviet Union are also very nervous.

That’s the importance of the military, but what does Kuwait have?

Although Iraq is under coalition control, insurgents are resisting throughout the region, and if the coalition forces withdraw, the Middle East could be engulfed in war.

Will Kuwait be a free rider then?

Or will they offer financial benefits in exchange for deploying Allied forces?

Anyone can see that Kuwait is paying a price to the Korean military.

However, it is questionable how far Kuwait will go in making concessions, as originally, free riders have no regard for the grievances of bus operators.

Is Korea stupid enough to pay $100 million to the US every year?

Whether it’s Kuwait or the US, if they do something stupid, I have my own thoughts.

‘Let’s encourage the rebels in Iran to stage a coup. It’ll be quite a sight.’

Iran is currently ruled by the Pahlavi dynasty, which is in name only a military dictatorship that came to power through a military coup.

In addition, during World War II, it declared a vague neutrality, and as a result was invaded by the British-Soviet allied forces.

The United States supplied the Soviet Union with steel and supplies because the Allied forces occupied Iran. Without American support, the Soviet Union would never have had the upper hand over Germany.

Iran, which is so strategically important,

Would the Soviet Union, which is currently engaged in a Cold War with the United States, leave this region alone? The Pahlavi dynasty has not been free from communist influence since ancient times.

As a result, the Pahlavi dynasty carried out numerous purges under the pretext of suppressing communism, and even had its prime minister accused of being a communist.

In this situation, wouldn’t there be any forces dissatisfied with the dynasty?

The Pahlavi dynasty also knows this and needs the help of the allied forces.

“Korea achieved economic development and a wealthy and powerful nation with the support of the United States. I want to reform the country using Korea as a model.”

The problem is that economic development does not just happen, to the extent that the current king, Pahlavi II, is sending a love call to Korea.

Where are you going to borrow money?

The United States has no room to spare, not only because of the war costs but also because of its welfare policies, and above all, it has an obligation to spend a huge amount of money on Korea.

Ultimately, if Iran reforms, Korea will have to provide a lot of help, but what if the United States does not guarantee Korea’s interests?

South Korea could incite rebellion and throw Iran into chaos.

If that happens, America’s war costs will skyrocket,

Of course, this is Korea’s last resort.

Pulling out the pin on a grenade, saying, “Let’s die after you die,” I’m not the type to just go out and do whatever I want, but I’m the kind of person who rolls my eyes in front of profit.

If the US quietly gives up Kuwaiti oil fields, Kuwait will be protected and Iran will support it, but if it does the opposite, it will have no choice but to shoot the US in the back of the head.

If realized, it would go down as the most dramatic betrayal in human history.

Japan’s attack on Pearl Harbor was just a show, if Korea were to hit the US in the back of the head here, the Soviet Union would stand up and applaud.

Is that what America wants?

I hoped that the negotiations would proceed amicably, if possible.

***

“Let’s agree on 30 genes.”

“Is this really going to happen? We all know that the US has 200 oil fields.”

“No… That’s… We have a lot of places to spend money right now.”

“Our country, Korea, also has many places to spend money. We need to defend Kuwait and support Iran. Which country can do that?”

This is America,

Park Jeong-ui, the political director of the Korean People’s Party, negotiated with the United States.

The President’s order was to secure 50 oil fields and never compromise below that level.

Britain has secured 80 oil fields, so why can’t Korea even get 50?

Park Jeong-ui, the director of the political bureau, expressed his extreme anger, saying that this was blatant bullying of South Korea.

“No… didn’t you say you would pay $600 million for 30 oil fields? $600 million is definitely not a small amount of money.”

“I told you clearly that what we need is not money, but oil. If we can’t negotiate here, I will have to see President Johnson.”

What has Korea not been able to do for the United States so far?

They imported $300 million worth of food each year, paid $100 million each year in exchange for stationing U.S. troops in Korea, and even sent troops to help the U.S. when necessary.

But is this the price?

However, the US believes that it has already given a lot to Korea, and in the last war, it gave up Shanghai and even Taiwan.

With just this, Korea has grown into the strongest country in East Asia economically, militarily and geographically, and if 50 Middle Eastern oil fields are added, Korea will become a country with 120 oil fields.

Korea, which has grown too much even in the US’s opinion

He is saying that since we have raised them so much, now is the time to stop expecting a big reward and help Kuwait and Iran.

To be honest, it was a big deal for the US to give up 30 genetic resources, but Park Jeong-ui could not return to Korea like that.

The president gave the order to secure 50 oil fields, so what honor will we lose if we go back like this?

That’s how the fight began.