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Home Editorials of Interest Jerome F. Keating's writings Another Slap in the Face for Taiwan under Ma Ying-joke

Another Slap in the Face for Taiwan under Ma Ying-joke

Monday, 14 February 2011 08:11 Jerome F. Keating Ph.D. Editorials of Interest - Jerome F. Keating's writings

The farce and the charade of Taiwan's president Ma continue increasing the reasons why the people call him Ma Ying-joke. Take for example the bogus 1992 Consensus. In a statement issued yesterday, the Mainland Affairs Council (MAC)proudly stated that its negotiations with China were conducted under the framework of the Republic of China (ROC) Constitution and not any "one China" policy. The MAC continued that it has upheld the sovereignty and dignity of Taiwan and that exchanges with China are conducted under the 1992 Consensus, a consensus that everyone (except Ma and his government) acknowledges was made up.

At the same time the MAC's statement came out, the Central Bank of the Republic of China found itself getting the shaft by China. At the regional Conference of Governors of South East Asian Central Banks, China insisted that Taiwan's Central Bank have its name changed. Instead of the Central Bank of the Republic of China, it is now to be called The Central Bank, Chinese Taipei.

Say what? The Central Bank of the Republic of China (ROC) had been a member of that organization since 1992, the year when the bogus 1992 Consensus was created. Why then when the People's Bank of China joined the organization this year does the Central Bank ROC have to change its name?

What happened to protecting the nation's sovereignty and dignity by the government of Ma Ying-joke? What happened to the alleged 1992 Consensus of both sides respecting each other? Not only does Taiwan have to hide its flag when Chinese delegates appear, but now its organizations have to change their name. Who is fooling who?

Why doesn't the government of the phony pony take responsibility for the present? If Ma wants to say that there is a consensus between his government and that of China, why does he not have to take responsibility for establishing it. Why hide behind a past that never happened?

Such is life for Taiwanese under a cowardly president, a president who always passes the buck and seeks a scapegoat. At this stage one can only wonder what insult will China conjure up next?


Source: Jerome F. Keating's writings


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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