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Kim's Cash Squeeze (WSJ Editorial)
Wall Street Journal & Dow Jones Newswires ^ | 8-27-06

Posted on 08/26/2006 8:43:54 PM PDT by jdm

Edited on 08/26/2006 8:45:51 PM PDT by Admin Moderator. [history]

It's getting tough to be a North Korean banker these days. First Washington shuts down your Macau accounts; then China, an old friend, follows suit. Now even Vietnam and Mongolia are cooperating. Who's next?

Since the U.S. Treasury designated Banco Delta Asia, a Macau bank long used by North Korea, as a "primary money-laundering concern" last September, banks world-wide have awakened to the dangers of being tarred by association with Kim Jong Il's regime. Hanoi and Ulan Bator don't even boast big financial centers, but we're told they've seen the sense in acting on U.S. information.


(Excerpt) Read more at framehosting.dowjonesnews.com ...


TOPICS: Editorial; News/Current Events
KEYWORDS: il; jong; kim; kimjongil; korea; north; northkorea; roneryandbloke
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1 posted on 08/26/2006 8:43:56 PM PDT by jdm
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To: jdm
related
2 posted on 08/26/2006 8:44:59 PM PDT by jdm (I gotta give the Helen Thomas obsession a rest.)
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To: jdm

your tagline. I'm choking.


3 posted on 08/26/2006 8:46:49 PM PDT by BipolarBob (Yes I backed over the vampire, but I swear I looked in my rearview mirror.)
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To: BipolarBob

Poor Li'l Kim.

This keeps up and he is going to have to cut back on his Cognac purchases.... (He literally buys enough French Brandy every year to feed 10,000 of his 'peasants' for the entire year....)

Yet they starve while he swills the expensive stuff.


4 posted on 08/26/2006 8:55:53 PM PDT by LegendHasIt
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To: jdm

I think China is the important mention. Kim exists at China's whim.


5 posted on 08/26/2006 9:06:59 PM PDT by dr_lew
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To: dr_lew

Sounds like he's getting pretty "ronrey"...


6 posted on 08/26/2006 9:10:29 PM PDT by Philistone (Turning lead into gold...)
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To: Philistone

Was that a great movie? Or what?


7 posted on 08/26/2006 9:14:55 PM PDT by dr_lew
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To: dr_lew

To be honest, I never saw it. But I've heard that line often enough (not to mention the song "America! F*** Yeah!).

Hilarious.


8 posted on 08/26/2006 9:16:48 PM PDT by Philistone (Turning lead into gold...)
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To: Philistone

More than hilarious, amazing. Maybe a little, you know, "uneven", but trust me, amazing. That's what I look for in a move, BTW.


9 posted on 08/26/2006 9:25:41 PM PDT by dr_lew
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To: dr_lew

On my list when it comes out on "On Demand"!


10 posted on 08/26/2006 9:33:15 PM PDT by Philistone (Turning lead into gold...)
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To: jdm

China Cut Oil Shipment to N. Korea (and invites Chia Head for a talk)
http://www.freerepublic.com/focus/f-news/1690356/posts


11 posted on 08/26/2006 10:08:33 PM PDT by thackney (life is fragile, handle with prayer)
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To: jdm

Just great. The Chinese and Arabs are watching this so when they have bought enough of US Bonds with our money, they'll know what to do to take us down.

Sorry to be so pessimistic, but I'm a realist. Our Great Society II is a tad bit too expensive.


12 posted on 08/26/2006 10:19:44 PM PDT by 308MBR (Dar el Harb feels one 1,400 year long "Jihad" is enough for one planet. Bye, goat pokers.)
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To: 308MBR

Hell, that's already happened many years ago.


13 posted on 08/26/2006 11:14:18 PM PDT by jwh_Denver (I can't beat em but I ain't joining them either.)
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To: jwh_Denver

Do you guess that's why GWB is seen holding hands in the Rose Garden with Saudi princes, heard repeating that "Islam is the Religion of Peace", and we tolerate China having veto power on the UN security council?

Just a few things I wonder about on nights I can't sleep.


14 posted on 08/26/2006 11:28:16 PM PDT by 308MBR (Dar el Harb feels one 1,400 year long "Jihad" is enough for one planet. Bye, goat pokers.)
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To: TigerLikesRooster

ping


15 posted on 08/26/2006 11:32:27 PM PDT by Thud
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To: All

16 posted on 08/26/2006 11:35:55 PM PDT by monkapotamus
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To: BipolarBob

Yours is a hoot as well.


17 posted on 08/26/2006 11:37:59 PM PDT by gitmo (From now on, ending a sentence with a preposition is something up with which I will not put.)
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To: Philistone


ROTFLMAO!


18 posted on 08/26/2006 11:41:53 PM PDT by onyx (1 Billion Muslims -- "if" 10% are fundamentalists, that's still 100 Million who want to kill us.)
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To: Thud
Re #15

Mr. Asher suggests exhorting foreign governments to crack down on North Korea's long-standing abuse of diplomatic privileges. Its envoys in several countries have been caught smuggling everything from dollars to drugs.

It is tough being a N. Korean diplomat. For a privilege of escaping the fate of eating grass gruel and tree barks, he has to push drugs, spread counterfeit dollar bills, and doing all kinds of outrageous errands using a diplomatic pouch.

N. Korean diplomats are relegated to two-bit petty criminals.

19 posted on 08/26/2006 11:58:12 PM PDT by TigerLikesRooster
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To: jdm
Lil'Kim will just have to wait until Hilliary is Pres'det.
20 posted on 08/27/2006 12:18:00 AM PDT by tdscpa
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