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North Korea seeks $65 trillion in damages from US (Barf Alert)
Economic Times ^ | 6/24/2010 | Economic Times

Posted on 06/24/2010 11:58:03 AM PDT by ErnstStavroBlofeld

Cash-strapped North Korea demanded on Thursday that the United States pay almost $65 trillion in compensation for six decades of hostility.

The cost of the damage done by the United States since the peninsula was divided in 1945 is estimated at $64.96 trillion, the official news agency said, in a report on the eve of the 60th anniversary of the start of the 1950-53 Korean War.

The figure includes $26.1 trillion arising from US "atrocities" which left more than five million North Koreans dead, wounded, kidnapped or missing, KCNA said.

Six decades of US sanctions had caused a loss of $13.7 trillion by 2005 while property losses were estimated at $16.7 dollars, said the agency which also listed a large number of smaller claims.

North Koreans have "the justifiable right" to receive the compensation for their blood, it said.

The war started on June 25, 1950, with a North Korean invasion approved by the then-Soviet dictator Josef Stalin.

The Communist country insists that South Korea and its US ally instigated the conflict, in which a US-led United Nations force fought for the South and China backed the North.

(Excerpt) Read more at economictimes.indiatimes.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: kimjongil; koreanpeninsula; koreanwar; nkorea; northkorea; pyongyang; southkorea
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To: 1COUNTER-MORTER-68; Mr. Mojo; James C. Bennett; mowowie; Captain Beyond; darkwing104; JRios1968

Ping


21 posted on 06/24/2010 12:31:58 PM PDT by ErnstStavroBlofeld ( "Fortes fortuna adiuvat"-Fortune Favors the Strong)
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To: sonofstrangelove

Hey Kim,
We dropped your package off at the Space Station... feel free to drop by and pick it up.


22 posted on 06/24/2010 12:41:05 PM PDT by nagdt ("None of my EX's live in Texas")
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To: sonofstrangelove

Obama is far too good a negotiator to fall for this! He will counter-offer to “split the difference” and pay them just $32.5 trillion. Then he’ll go on national TV and brag about how his administration “saved” us 32.5 trillion dollars. Just like if he had not done the stimulus every single person in the USA would be unemployed by now, by his way of reckoning.


23 posted on 06/24/2010 12:42:18 PM PDT by drangundsturm
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To: sonofstrangelove

Let’s send them BHO. He wants to lead a communist/socialist country and knows how to get, use and spend everyone elses money. Should be worth that much to NK.


24 posted on 06/24/2010 12:43:18 PM PDT by bonnieblue4me (You can put lipstick on a donkey (or a dimrat), but it is still an ass!)
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To: sonofstrangelove

Wish in one hand and crap in the other , and see which fills up faster.


25 posted on 06/24/2010 1:00:11 PM PDT by Venturer
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To: sonofstrangelove
Go Pound Sand North Korea!
26 posted on 06/24/2010 1:29:54 PM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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