Cash-For-Kim Hits the US?
The Washington Post reports that the US Government also funnels hard currency into North Korea
UNITED NATIONS — Over the past six months, the Bush administration has repeatedly criticized the U.N. Development Program for channeling millions of dollars in hard currency into North Korea to finance the agency’s programs, warning that the money might be diverted to Pyongyang’s nuclear weapons program.
But the United States also has funneled dollars to Kim Jong Il’s regime over the past decade, financing travel for North Korean diplomats and paying more than $20 million in cash for the remains of 229 U.S. soldiers from the Korean War. And in a bid to advance nuclear talks, the Bush administration recently transferred back to North Korea about $25 million in cash that the Treasury Department had frozen at Banco Delta Asia, a Macao-based bank that the United States had accused of laundering counterfeit U.S. currency on behalf of North Korea.
This is consistent with the US going out of its way to get “the deal” implemented. North Korea turns recovering remains of US soldiers, a perfectly legitimate action, into racket, and yet the US follows through with it.
I have heard theories that the US are making these concessions in order to get North Korea into doing something dumb. I am not sure if the US is indeed pulling a “rope-a-dope”, but so far it does not seem the US is gaining anything.











