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Home Editorials of Interest Taipei Times Pigs have taken flight

Pigs have taken flight

The Democratic Progressive Party (DPP) has a lot to thank the Control Yuan for. If Control Yuan members had not instructed the party to return the piggy banks donated to DPP Chairperson Tsai Ying-wen’s (蔡英文) presidential campaign by three young triplets because they violated the Political Donations Act (政治獻金法), the party would never have hit upon the idea of a “little pigs month,” distributing piggy banks to supporters, who are then encouraged to return them filled with donations.

It has been a fabulously successful initiative, so much so that the nation’s shelves have been stripped of piggy banks by people wanting to do their bit for Tsai’s campaign.

The impact has gone beyond injecting the campaign with much needed funds; it has also created an interesting focal point, bringing the candidate and the electorate closer together.

Irrespective of the actual results of January’s presidential election, the piggy bank drive will endure as one of the more intriguing aspects of the campaign.

Think of it as Taiwan’s version of the Jasmine Revolution or the Occupy Wall Street movement. It has handed countless middle and working-class voters the opportunity to find their own voice through micro-donations, in contrast to the still fabulously wealthy Chinese Nationalist Party (KMT), once the richest political party in the world. The piggy banks are a symbol that people are rejecting the KMT’s pro-big business and pro-China leanings, as well as its lack of environmental credentials.

They are a rallying point for much of the anger over social injustice and oppression that pan-green supporters have felt for some time now, as the gap between rich and poor widens, housing prices rocket and the threat of compulsory unpaid leave and potential redundancy looms.

There is much to unite these sections of society, and they now believe there is something that they can do about it. Even without the piggy bank drive, these voters would have migrated to the DPP.

Of course, President Ma Ying-jeou’s (馬英九) campaign office has complained about the DPP’s fund raising tactic, accusing the DPP of exploiting children for political ends.

Ma should instead reflect on why, after three years in office, he is unable to inspire the electorate in a comparable way. He has tried to use his success in bringing down the price of rice wine to demonstrate his empathy for the average person, but this means little given that the prices of milk and coffee are on the rise.

He has tried to revisit the success of his “long stay” initiative in the 2008 campaign, but such attempts smack more of political gimmickry than a genuine attempt to get closer to ordinary people.

The piggy bank drive would have left little impression on pan-blue supporters because the KMT has never really been about representing the vulnerable or the oppressed, and no one is going to believe that it needs any financial help.

Each political party has its own voter base, and each has cultivated its own social image over the years. The KMT ought to get over its jealousy of the DPP’s success with the piggy banks. It would do better to reflect on why it has so little to show for three years in power and absolutely nothing new to offer or inspire the electorate.


Source: Taipei Times - Editorials 2011/11/08



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Newsflash

The odds of President Ma Ying-jeou (馬英九) being re-elected in 2012 yesterday fell below 50 percent for the first time since May, according to a university prediction market.

Prediction markets are speculative exchanges, with the value of an asset meant to reflect the likelihood of a future event.

On a scale from NT$0 to NT$100, the probability of Ma winning a re-election bid was, according to bidders, NT$48.40, the Center for Prediction Market at National Chengchi University said.

The center has market predictions on topics including politics, the economy, international affairs, sports and entertainment. Members can tender virtual bids on the events, with the bidding price meant to reflect probability.

The re-election market had attracted 860,000 trading entries as of yesterday. It was launched in April.

The center said the figure slipped 2.3 percentage points yesterday from a day earlier, when Ma conceded that his party did not fare as well as hoped in the “three-in-one” elections.

The Chinese Nationalist Party (KMT) won 12 of Saturday’s 17 mayor and commissioner elections, but its total percentage of votes fell 2 percentage points from 2005 to 47.88 percent of votes nationwide.

The Democratic Progressive Party (DPP) won just four of the races, but received 45.32 percent of the ballots, or a 7.2 percentage-point increase from 2005.

Since the center opened the trading on Ma’s re-election chances on April 11, prices have largely hovered around NT$60, but jumped to NT$70 in mid-June. The figure then fell to NT$51.80 in August after Typhoon Morakot lashed Taiwan, killing hundreds.

After then-premier Liu Chao-shiuan (劉兆玄) resigned in September, the price returned to NT$63.2 and remained at around NT$60 for the following two months, the center said.

Since Ma took over as KMT chairman, the center said the number had steadily declined from NT$58 on Nov. 18 to NT$50.80 on Dec. 5. After Saturday’s elections, the figure fell below NT$50.

The center said the outcome yesterday would likely affect next year’s elections for the five special municipalities, as well as the next presidential election.

It also said the probability of Taipei Mayor Hau Lung-bin (郝龍斌) winning re-election was 72 percent, while the chances of Taipei County Commissioner Chou Hsi-wei (周錫瑋) winning again were 20 percent.

Source: Taipei Times 2009/12/07