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Taiwan Tati Cultural and Educational Foundation

Ma needs a lesson in democratic principles

Only four months after his re-election and before his re-inauguration on May 20, President Ma Ying-jeou’s (馬英九) approval rate dropped to less than 20 percent. Everyone is angry with him, regardless of whether they voted for him in the election.

These angry people have one simple demand: They want to be able to make enough money to achieve a basic standard of living.

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Doctors say imprisoned Chen Shui-bian seriously ill as ROC alleges new charges

Chen Shui-bian visited Washington D.C. when he was Mayor of
Taipei
Chen Shui-bian visited Washington D.C. when he was Mayor of Taipei
Photo credit:  Getty

Chen Shui-bian, the imprisoned former President of the Republic of China in-exile, is seriously ill say two doctors who have examined Chen.  Ma Ying-jeou, Chen’s successor, reinstated to a second term in office last week, has refused to grant a medical parole.  Meanwhile, Barack Obama remains silent on Chen’s plight in spite of the San Francisco Peace Treaty and the Taiwan Relations Act which govern the United States relationship to the people of Taiwan.

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Taiwanese may face a worse crisis than Greece

The question of whether Greece will withdraw from the euro has become a prickly problem for the world economy. To make matters worse, following a general election on May 6, Greek political parties have been unable to form a new government. A survey revealed that 78 percent of Greeks reject the bailout agreement arrived at between Greece, the IMF and the European Central Bank (ECB), and the austerity policies it entails.

Greeks have easy and comfortable lives. Their average wage is higher than those of other countries with comparable economies. Greek welfare provisions are generous and civil servants enjoy high pay and benefits.

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The stigma that never goes away

Taiwan probably has the distinction of being the global leader on the frequency by which it is referred to as being “anti-” something, an underlying bias among journalists and academics that is as unfair to its peaceful constituents as it is to reality.

For years, the Democratic Progressive Party (DPP), which played an instrumental role in the democratization of the country and which is founded on the principle of self-determination, has been plagued by references, usually in foreign media, as an “anti-China” party. No matter what it does, the DPP is portrayed as a political entity that would will China out of existence if it could.

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Page 1098 of 1523

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