Miss Tsai Dealt a Blow for 18% Preferrential Interest Rate

Criticism builds up against Miss Tsai IngWen, as the KMT attempts to turn the corner for its latest “reform” beneficial to civil servants, whom are widely blamed unexpectedly. Lien Chan is innocent on the other hand.

The chairwoman, one of beneficiaries for 18% preferential interest rate, is under attack by KMT legislators who slammed her for intending to overlook while enjoying the handsome interest income. It’s completely her faults to derail the KMT’s hard works to take care of the so-called weak poor society segment – civil servants. The DPP should be responsible for a future failure, if any, of KMT’s efforts to reduce national expenditure under the new policy.

This newly public spat is something like the feud between the peasant and royalty, similar to that occurring often in Chinese history. Taiwan has suffered a shortfall of tax income coupled with a widening wealth gap among people. A M-shape of society structure has emerged significantly. Despite those, the ruling KMT, for the sake of cementing its leadership in future, will keep laying out policies favorable to its supporters.

People must assume their duties to promote Taiwan at all, as claimed by the KMT. In the past, civil servants faced less income than the general in a booming economy, therefore a higher interest income for them was justified. Yet, the island’s economy has turned sour, with no more reason to warrant that hike. If the KMT’s high-ranking officials remain stubborn about the recent moves, they can dole out their money coming from selling KMT’s enormous assets stolen by it after its retreat to Formosa , or ask Communist China to pay. After all, Ma IngJueo now is in loves with China leaders.

Civil servants are not subject to be criticized for the KMT’s kindness, honestly to say. They certainly can enjoy that, without worrying about a likely scenario for Taiwan to fall into a sovereign crisis as Greek, Ireland or Portugal . The KMT can squander fiscally, if only to grab more votes, but is needed to create new jobs or more factories. It’s really really sad to see the elderly collect the wasted and recycled materials on the streets in a cold, wintry night.

Nonetheless, that misery is not caused by KMT, but simply Taiwanese voters who can become the Red Army during the DPP’s governance. Until now, where’s the army? Thanks God, at least we have a ROC President with US green card !!!   Meanwhile, Miss Tsai IngWen should be on alert as her private data will be leaked further to the public.