2021.07.10 1291 Republic of Korea Inc. and National Dividend

2021.07.10 1291 Republic of Korea Inc. and National Dividend

Republic of Korea Inc. and the National Dividend: Huh Kyung-young’s Vision for Economic Prosperity and Social Justice
The Republic of Korea, Inc. and the National Dividend

Meeting Minutes: “Republic of Korea as a Joint-Stock Company and National Dividend” – Huh Kyung-young’s 1291st Saturday Lecture (2021.07.10)

Ⅰ. Meeting Overview

Category	Details
Date	July 10, 2021
Location	Online (Non-face-to-face due to COVID-19)
Participants	Huh Kyung-young (Lecturer), National Revolutionary Party members, 7.5 million overseas Koreans, and the public
Agenda	Discussion on the concept of the Republic of Korea as a joint-stock company, the National Dividend policy, economic issues, and political reform

Ⅱ. Meeting Discussion

• National Revolutionary Party’s Vision

  • The party aims to achieve “Middle-Class Socialism” by distributing National Dividends, ensuring equitable living standards.
  • This policy is supported by a 70% reduction in national budget and the “Great 33 Policies.”
  • The party views citizens as shareholders who pay taxes, and the state as a joint-stock company managing these taxes.

• Critique of Current Politics

  • Citizens have been misled by politicians’ promises.
  • The current political landscape is characterized by partisan conflict, with parties threatening to imprison former presidents.
  • This cycle of revenge politics is detrimental to the nation and its economy.
  • A “Voting Revolution” is necessary to elect a new leader with foresight and compassion to manage the country.

• National Dividend Policy

  • The National Revolutionary Party proposes a monthly National Dividend of 3 million KRW for couples.
  • This aims to ensure that all citizens become part of the middle class, eliminating financial worries.
  • The policy also includes increasing leisure time by changing the workweek from 5 days to 4 days, promoting healthy consumption.
  • The payment of salaries would be changed from monthly to weekly or bi-weekly to encourage more consistent spending and financial planning.

• Economic Challenges and Solutions

  • The current economic structure makes it difficult for ordinary citizens to save money or buy homes.
  • Household debt has reached 2,000 trillion KRW, equivalent to the national GDP.
  • Interest rate adjustments by the government have not significantly helped ordinary citizens, often pushing them towards high-interest private loans.
  • Proposed Solutions:
  • Debt Forgiveness: Huh Kyung-young proposes to eliminate private debt and national debt, making the national debt 20-30% of GDP, which is lower than many OECD countries.
  • Individual Debt Relief: Each person aged 18 and above would receive 100 million KRW to clear household debt, with any remaining funds returned to them.
  • Private Loan Zero Policy: The government would pay off private loans for citizens.
  • Monetary Reform: Similar to Park Chung-hee’s actions, Huh Kyung-young plans to freeze private loans and implement currency reform to stabilize the economy and stimulate consumption.

• Funding for National Dividend

  • The annual national budget of 560 trillion KRW would be reallocated, with 400 trillion KRW returned to citizens and 160 trillion KRW used for national operations.
  • Additional funds would be generated by:
  • Reforming the fine system (100 trillion KRW).
  • Integrating 36 tax systems (100 trillion KRW).
  • Addressing tax evasion and other issues (100 trillion KRW).
  • Implementing special business operator policies (100 trillion KRW).
  • This would result in approximately 800 trillion KRW available for citizens, with hundreds of trillions remaining even after all distributions.
  • Wasteful spending, such as the 35 trillion KRW gender equality budget and 45 trillion KRW low birth rate budget, would be reallocated.

• Critique of Basic Income

  • “Basic Income” is a communist concept where the state gives money, unlike the National Dividend which is a shareholder’s return.
  • He criticizes basic income proposals for not addressing budget cuts and for being a “populist” measure that only offers a small amount, unlike his 3 million KRW proposal.
  • He views basic income as a “fake” imitation of his original policies.

• Huh Kyung-young’s Preparedness and Policies

  • Huh Kyung-young positions himself as the “original expert” (원조 맛집) of all policies in Korea, having prepared for 30 years.
  • He has designed everything from policies to campaign songs and even the “Heaven House” (하늘궁).
  • He proposes amending the constitution to include the National Dividend, guaranteeing a middle-class life for all citizens aged 18 and above.
  • Upon election, he would immediately implement the 100 million KRW per person policy and the monthly 1.5 million KRW National Dividend.
  • He plans to establish a temporary parliament of 100 members to push through these reforms if elected.

• Addressing Poverty and Social Issues

  • Korea has moved from traditional poverty to absolute poverty (due to the Korean War) and now to relative poverty.
  • Relative poverty leads to feelings of inadequacy despite economic growth.
  • his policies will address these issues, ensuring that young people do not suffer from debt or lack of opportunities.

• Importance of Birth Rate

  • Huh Kyung-young highlights the low birth rate as a critical national issue, even more so than fairness.
  • He proposes policies like 100 million KRW for marriage and 30 million KRW for childbirth to encourage population growth.

• Critique of Political Corruption and Hypocrisy

  • Huh Kyung-young criticizes politicians who outwardly claim to work for the people but are inwardly driven by power struggles.
  • He calls for an end to “revenge politics” where successive governments imprison former presidents.
  • He advocates for leaders who are genuinely “poor” in their focus on national well-being, rather than personal gain or power.

Ⅲ. Action Items

• Citizens:

  • Participate in the “Voting Revolution” to elect a new leader with foresight and compassion.
  • Support Huh Kyung-young’s policies, recognizing him as the “original expert” of Korean policies.
  • Understand the difference between National Dividend and Basic Income.
  • Memorize the campaign song about marriage and childbirth benefits.

• Huh Kyung-young (if elected):

  • Immediately implement the 100 million KRW per person policy for those aged 18 and above to clear household debt.
  • Begin distributing the monthly 1.5 million KRW National Dividend from the month of election.
  • Establish a temporary parliament of 100 members to push through policy reforms.
  • Implement monetary reform, including freezing private loans and currency changes, to stabilize the economy.
  • Reallocate national budget, reducing wasteful spending and generating new revenue through tax and fine system reforms.
  • Change the workweek to 4 days and adjust salary payment cycles to weekly or bi-weekly.
  • Introduce policies to boost the birth rate, such as marriage and childbirth benefits.

The Republic of Korea as a Corporation and the National Dividend System

1. Basic Information

• Lecture Session and Date: 1291st Huh Kyung-young Saturday Lecture, 2021.07.10
• One-sentence Main Theme or Title Summary: This lecture presents the Republic of Korea as a corporation where citizens are shareholders, advocating for a National Dividend System to achieve a middle-class society and address economic challenges through fiscal reform and innovative policies.
• Location: Haneulgung (Non-face-to-face due to COVID-19)
• Key Segments:
  • Critique of Traditional Politics and Economic Reality: A discussion on how conventional politics has failed the public, leading to economic hardship despite national growth, and the inadequacy of current economic policies.
  • Introduction of the National Dividend System: Explanation of the core policy of providing a monthly dividend to citizens and its potential to eliminate household debt and foster a middle-class society.
  • Comparison with Basic Income and Fiscal Reforms: A distinction between the National Dividend System and basic income, along with detailed proposals for securing funds through government budget cuts, tax system reforms, and elimination of private loans.
  • Historical Context of Poverty and Economic Cycles: An overview of Korea’s progression from traditional poverty to absolute poverty and then relative poverty, emphasizing the need for a leader who understands and can resolve these issues.
  • Vision for a Prosperous Nation: A call for a “Voting Revolution” to elect a new leader with foresight and compassion, capable of transforming Korea into a “heaven on earth” through the National Dividend System.

2. Core Messages

3. The Republic of Korea as a Corporation: Huh Kyung-young states, “The National Revolutionary Party views the nation, which collects taxes from citizens who diligently pay them, as a corporation, and the citizens as its shareholders.” This means that citizens, as shareholders, are entitled to a share of the national income, which is currently mismanaged by politicians and civil servants.

4. Implementation of the National Dividend System: Huh Kyung-young states, “Our party’s primary policy is to provide a dividend of 3 million won per couple.” This policy aims to ensure that every citizen aged 18 and above receives a monthly dividend, guaranteeing a middle-class standard of living and eliminating financial worries.

5. Fiscal Reform and Debt Elimination: Huh Kyung-young states, “The National Dividend payment will save a massive 70% of the national budget, and the ‘Great 33 Policies’ will sufficiently secure the necessary funds.” This involves drastically cutting government waste, reforming the tax system, eliminating private loans, and providing 100 million won per person (aged 18+) to clear household debt.

6. Distinction from Basic Income: Huh Kyung-young states, “The basic income system advocated by the ruling and opposition parties is a misguided concept. Basic income is what a communist state gives.” the National Dividend is a right of citizens as shareholders in a capitalist system, funded by genuine fiscal savings, unlike basic income which he views as a populist measure that increases national debt.

7. Addressing Relative Poverty and Economic Stagnation: Huh Kyung-young states, “We are now in an era of relative poverty. It’s not that there’s no money, but rather that people feel inadequate compared to others.” He explains that current economic structures hinder savings and homeownership for ordinary citizens, leading to a cycle of debt and limited consumption, which the National Dividend System is designed to break.

8. Detailed Summary

• The Nation as a Corporation and Citizen Shareholders

  • Main Assertions and Explanations: Huh Kyung-young introduces the foundational concept that the Republic of Korea should be understood as a corporation, and its citizens are the shareholders. just as shareholders receive dividends from a company’s profits, citizens should receive a share of the national income (taxes). the current system, where politicians and civil servants consume a large portion of the national budget, is akin to company employees taking the majority of the profits, leaving little for the actual owners.
  • Analogies, Examples, Biblical/Scientific/Historical References: He uses the analogy of a company’s revenue (national taxes) being disproportionately spent by employees (politicians and civil servants) rather than distributed to shareholders (citizens).
  • Practical Message or Application: Citizens should recognize their rightful status as owners of the nation and demand their share, rather than being swayed by empty promises from traditional politicians. This understanding is crucial for a “Voting Revolution.”

• Critique of Current Political and Economic Landscape

  • Main Assertions and Explanations: Huh Kyung-young expresses deep disappointment with the current political climate, characterized by partisan conflict and a focus on prosecuting former presidents rather than improving citizens’ lives. He notes that despite Korea’s economic growth to become a top 10 global economy, ordinary citizens face increasing difficulty in saving money, buying homes, and escaping debt. He attributes this to a flawed economic structure that benefits a privileged few.
  • Analogies, Examples, Biblical/Scientific/Historical References: He contrasts the past, when owning a “Pony car” or a two-story house was a symbol of prosperity and achievable through hard work, with the present, where such aspirations are increasingly out of reach for many. He also criticizes the cycle of “revenge politics” where new administrations imprison previous leaders.
  • Practical Message or Application: Citizens must reject the “sweet words” of corrupt politicians and seek a new leader with genuine insight and compassion to manage the nation effectively.

• The National Dividend System: A Solution to Economic Hardship

  • Main Assertions and Explanations: The core of Huh Kyung-young’s policy is the National Dividend System, which promises a monthly payment to every citizen aged 18 and above. For a couple, this would amount to 3 million won per month. This system aims to automatically elevate citizens to the middle class, eliminating financial worries and fostering a consumption-driven economy.
  • Analogies, Examples, Biblical/Scientific/Historical References: He illustrates how this dividend, combined with other policies, would create a society where people no longer worry about money, allowing them to enjoy leisure and contribute to a healthy consumption cycle.
  • Practical Message or Application: This policy offers a concrete path to economic stability and prosperity for all citizens, contrasting sharply with the ineffective measures of traditional politics.

• Comprehensive Fiscal Reforms to Fund the National Dividend

  • Main Assertions and Explanations: Huh Kyung-young details how the National Dividend will be funded. Key strategies include:
  • 70% Reduction in National Budget: Eliminating wasteful spending and inefficient government operations.
  • Reform of the Penal System: Replacing prison sentences for non-violent crimes with fines, generating an additional 100 trillion won annually.
  • Tax System Simplification and Anti-Tax Evasion Measures: Consolidating 36 types of taxes and cracking down on tax evasion to generate another 200 trillion won.
  • Elimination of Private Loans (Sache): The government will take over and nullify private loan debts, which currently trap many citizens, especially young people, in a cycle of high-interest payments.
  • Quantitative Easing: Issuing 2,000 trillion won to provide 100 million won to every citizen aged 18 and above to clear household debt.
  • Analogies, Examples, Biblical/Scientific/Historical References: He references President Park Chung-hee’s historical freezing of private loans and currency reform as a precedent for bold economic intervention to stimulate the economy.
  • Practical Message or Application: These reforms are not mere populist promises but a meticulously planned strategy to redirect national wealth back to the citizens, ensuring economic vitality and social justice.

• Distinguishing National Dividend from Basic Income

  • Main Assertions and Explanations: Huh Kyung-young strongly differentiates his National Dividend System from the “basic income” proposals of other politicians. basic income is a concept rooted in communism, where the state “gives” money without a clear, sustainable funding mechanism, leading to increased national debt. In contrast, the National Dividend is a rightful share for citizens as shareholders, funded by genuine fiscal savings and reforms. He views basic income as a “fake” imitation of his original policies.
  • Analogies, Examples, Biblical/Scientific/Historical References: He uses the analogy of “hanging a sheep’s head but selling dog meat” to describe politicians who mimic his policies (the “sheep’s head”) but implement them in a flawed, unsustainable way (the “dog meat”). He also states that basic income violates the spirit of capitalism and tax justice.
  • Practical Message or Application: Citizens should be discerning and recognize the fundamental difference between a truly transformative policy like the National Dividend and superficial, debt-inducing basic income schemes.

• Addressing Poverty and the Evolution of Economic Consciousness

  • Main Assertions and Explanations: Huh Kyung-young traces Korea’s history through different stages of poverty:
  • Traditional Poverty: Characterized by a communal spirit and self-sufficiency (e.g., Joseon Dynasty, farming).
  • Absolute Poverty: Experienced after the Korean War, marked by widespread destruction and struggle for basic survival.
  • Relative Poverty: The current state, where despite national wealth, individuals feel poor compared to others, leading to dissatisfaction and economic stagnation.
  • Analogies, Examples, Biblical/Scientific/Historical References: He uses the example of the “Pony car” to illustrate how societal perceptions of wealth and poverty have changed, highlighting the shift from absolute to relative poverty.
  • Practical Message or Application: Understanding these historical and psychological dimensions of poverty is essential for designing effective economic policies that truly improve citizens’ well-being. The National Dividend aims to resolve relative poverty by ensuring a baseline of financial security for everyone.

• The “Original Restaurant” of Policies and the Need for a True Leader

  • Main Assertions and Explanations: Huh Kyung-young positions himself as the “original restaurant” or “originator” of all effective national policies, having developed them over 30 years. other politicians merely “plagiarize” or “imitate” his ideas without understanding their true essence or how to fund them sustainably. he is a prepared and destined leader with a comprehensive vision for the nation.
  • Analogies, Examples, Biblical/Scientific/Historical References: He repeatedly uses the metaphor of the “original restaurant” (원조 맛집) to convey his pioneering role in policy development. He also refers to the “Seong-ong Ji-ma” (새옹지마) proverb, illustrating how initial misfortunes can lead to greater blessings, implying that his past struggles and unconventional path are part of a larger divine plan for Korea.
  • Practical Message or Application: Citizens should look beyond superficial appearances and recognize the genuine, long-prepared leader who offers authentic solutions, rather than falling for imitations.

4. Key Quotes Collection

5. “The National Revolutionary Party views the nation, which collects taxes from citizens who diligently pay them, as a corporation, and the citizens as its shareholders.” (Explaining the fundamental relationship between citizens and the state.)

6. “I feel like immediately quitting politics when I see them talking about imprisoning the current president if they become the next president, and the ruling and opposition parties fighting.” (Expressing frustration with partisan revenge politics.)

7. “Our party’s primary policy is to provide a dividend of 3 million won per couple.” (Stating the core promise of the National Dividend System.)

8. “It’s quite difficult for our citizens to save money and buy a house now.” (Highlighting the economic struggles of ordinary people.)

9. “These people have to find money, but where do they go? They all go to the private loan market.” (Describing the desperation leading to reliance on high-interest private loans.)

10. “There is a problem with this economic structure. No politician has ever tried to fix this.” (Criticizing the systemic issues and lack of political will to address them.)

11. “If I become president, I will make private loans zero.” (Promising to eliminate the burden of private loans.)

12. “You are automatically middle class. You won’t find anyone worrying about money.” (Describing the outcome of the National Dividend System.)

13. “We must return about 400 trillion won of the 560 trillion won in annual tax revenue to the people.” (Advocating for a significant redistribution of national wealth.)

14. “The basic income system advocated by the ruling and opposition parties is a misguided concept. Basic income is what a communist state gives.” (Distinguishing the National Dividend from basic income.)

15. “Huh Kyung-young is the original restaurant of all policies in the Republic of Korea.” (Asserting his pioneering role in policy development.)

16. “Basic income violates our constitutional spirit. It violates tax justice. It violates the spirit of capitalism.” (Critiquing the fundamental flaws of basic income.)

17. “As soon as Huh Kyung-young becomes president, he will give the National Dividend from that very month.” (Emphasizing the immediate implementation of his policies.)

18. “The second article will state: ‘Every citizen of the Republic of Korea, from the age of 18, shall receive a National Dividend of 1.5 million won per person, thereby guaranteeing a middle-class status.'” (Proposing a constitutional amendment to enshrine the National Dividend.)

19. “Quantitative easing of 2,000 trillion won, giving 100 million won per person aged 18 and above, will be implemented immediately upon broadcast.” (Detailing the immediate debt relief plan.)

20. “Now, let’s stop revenge politics. Our citizens are tired of revenge politics.” (Calling for an end to the cycle of political retribution.)

21. “The Republic of Korea is a corporation. The Republic of Korea is a corporation that gives National Dividends.” (Reiterating the core theme of the lecture.)

22. Historical / Doctrinal Connections
    This lecture by Huh Kyung-young builds upon his established teachings, particularly his 33 policies and the concept of the nation as a “Republic of Korea Corporation.”

• Reinforcement of the “Republic of Korea Corporation” Concept: The lecture strongly reiterates the idea that the nation is a corporation and citizens are its shareholders. This is a fundamental tenet of his political philosophy, which underpins the legitimacy and necessity of the National Dividend System. He consistently frames the dividend not as welfare but as a rightful share of national profits, aligning with capitalist principles rather than socialist ones.
• Elaboration on the National Dividend System: While the National Dividend has always been a cornerstone of his platform, this lecture provides more detailed explanations of its funding mechanisms. The emphasis on 70% budget cuts, penal system reform (fines instead of imprisonment), tax system simplification, and elimination of private loans are specific policy points that demonstrate the practical application of his broader vision for fiscal responsibility and wealth redistribution.
• Distinction from Basic Income: His strong critique of “basic income” as a “communist” and “populist” policy, contrasting it with his “National Dividend” as a capitalist right, is a recurring theme. This lecture further solidifies this distinction, positioning his policies as the “original” and others as “plagiarized” or “fake” imitations. This reinforces his claim as the “original restaurant” of policies.
• Addressing Economic Cycles and Poverty: The discussion on traditional, absolute, and relative poverty connects to his overarching goal of creating a society where no one suffers from financial hardship. This historical perspective grounds his economic policies in a deep understanding of Korea’s past and present challenges, emphasizing that his solutions are tailored to the nation’s unique trajectory.
• Emphasis on Immediate Implementation: A newly emphasized point is the immediate implementation of his policies upon election. the 100 million won per person for debt relief and the monthly National Dividend would begin “that very month” of his inauguration, highlighting a sense of urgency and decisiveness. This contrasts with the perceived slow pace and empty promises of traditional politicians.
• Call for a “Voting Revolution”: The lecture consistently calls for a “Voting Revolution” to replace corrupt politicians with a leader who possesses “outstanding insight” and “love for the people.” This aligns with his long-standing message that systemic change requires a fundamental shift in leadership.

7. Action Items & Blessing Guidance

8. Engage in a “Voting Revolution”: Citizens are urged to actively participate in a “Voting Revolution” by rejecting corrupt, traditional politicians and voting for a new leader with genuine insight and compassion, capable of transforming the nation.

9. Discern True Policies from Imitations: The audience is advised to recognize Huh Kyung-young as the “original restaurant” of policies and to differentiate his authentic, sustainable solutions from the “plagiarized” or “populist” proposals of other politicians.

10. Understand Your Rights as National Shareholders: Citizens should internalize the concept of the Republic of Korea as a corporation and themselves as shareholders, understanding their right to receive a National Dividend rather than viewing it as mere welfare.

11. Support the Elimination of Revenge Politics: The lecture encourages an end to the cycle of political retribution, where new administrations imprison former leaders, advocating for a focus on national development rather than partisan conflict.

12. Maintain a Positive Outlook (Seong-ong Ji-ma): The audience is reminded of the “Seong-ong Ji-ma” proverb, suggesting that even in difficult times, one should maintain hope, as current hardships can lead to future blessings. This encourages resilience and faith in a better future under proper leadership.

13. One-Sentence Overall Summary
    Huh Kyung-young’s lecture passionately advocates for a “Voting Revolution” to establish the National Dividend System, viewing the Republic of Korea as a corporation where citizens are shareholders, thereby eliminating household debt, fostering a middle-class society, and ending political corruption through comprehensive fiscal reforms and immediate policy implementation, distinguishing his original vision from superficial imitations.

Huh Kyung-young’s Vision for a Prosperous Korea

1. The Republic of Korea as a Corporation and the National Dividend System
   The National Revolutionary Party (국가혁명당) is a unique policy-oriented party in Korea, aiming to achieve Middle-Class-ism (중산주의) through the distribution of a National Dividend (국민배당금), ensuring prosperity for all citizens. This system is projected to save a substantial 70% of the national budget, with funds sufficiently secured through 33 major policies. The party conceptualizes the nation as a corporation (주식회사), where citizens, who diligently pay taxes, are the shareholders, and the government, which manages these taxes, is the corporate entity.

Historically, the Korean populace has been swayed by the deceptive promises of conventional politicians. Therefore, the prevailing sentiment calls for the complete exclusion of corrupt established politicians and a shift towards new leadership. This new leader must possess profound insight to accurately predict the future and govern the nation with a deep love for its people. This represents a Voting Revolution (투표 혁명), which is considered an excellent choice to rescue the Republic of Korea from its current critical juncture.

The National Dividend system aims to transform the Republic of Korea into an earthly paradise. The party’s primary policy is to provide a dividend of 3 million Korean Won per couple. This initiative seeks to address the current economic challenges where saving money and purchasing homes have become increasingly difficult for ordinary citizens, unlike in the 1970s and 80s. The current economic structure hinders consumption, with money often flowing into interest payments and banks rather than stimulating the economy.

2. Addressing Household Debt and Economic Stagnation
   The current state of household debt in Korea is alarming, reaching approximately 2,000 trillion Korean Won, which is equivalent to the nation’s Gross Domestic Product (GDP). This figure has risen from 97% of GDP to 100%. When interest rates are slightly increased by the government, household debt tends to stabilize but does not decrease. Conversely, when bank interest rates are lowered, banks control liquidity and restrict loans, making it difficult for households to secure funds. This situation often drives individuals to the private loan market, where interest rates are higher, creating a vicious cycle.

A historical precedent for addressing such issues can be found in President Park Chung-hee’s actions after the military revolution. Faced with a lack of funds in Korean banks, which necessitated borrowing from Germany, and widespread private loans among businesses, President Park froze private loans. He effectively nullified all private loan interest, leading to the bankruptcy of many private lenders. This was followed by a currency reform (화폐 개혁) to further curb private lending and revalue the currency. These measures, though drastic, aimed to alleviate the burden of private debt on citizens and stimulate consumption, thereby fostering economic development.

The current economic structure presents significant challenges, particularly for young people struggling to find employment. Huh Kyung-young proposes a Currency Change (화폐 변경), not merely a reform, to quietly address underground funds and eliminate 2,000 trillion Korean Won in national debt. This would effectively reduce the national debt, which is relatively low compared to other OECD countries like Japan (230-240% of GDP), while significantly easing the burden on individuals. The current system, where private debt, especially household debt, stands at 100% of GDP, is seen as detrimental to individual citizens.

3. The National Dividend and Economic Revitalization
   upon becoming president, he would implement a “zero private loan” policy, where the government would repay private debts. Furthermore, the 2,000 trillion Korean Won in household debt would be addressed by providing 100 million Korean Won to every citizen aged 18 and above. For a family of five, this would amount to 500 million Korean Won, which would first be used to settle bank debts, with any remaining amount returned to the family. This would effectively bring household debt to zero.

In addition to debt relief, a monthly National Dividend of 1.5 million Korean Won per person aged 18 and above would be distributed. For a couple, this would be 3 million Korean Won, and for a family of four, 6 million Korean Won. This dividend would be supplementary to regular income, ensuring that all citizens automatically become middle-class, free from financial worries. To further enhance quality of life and stimulate consumption, the current five-day work week would be reduced to four days, allowing families more leisure time for healthy consumption.

The current monthly salary system would also be abolished and replaced with weekly or bi-weekly payments. This change aims to prevent the accumulation of consumption that occurs with monthly payments, leading to impulsive spending. By receiving payments more frequently, individuals can manage their finances more systematically and plan their spending more effectively, similar to how children manage their allowances when given weekly instead of monthly. This approach is designed to revitalize the market by ensuring a steady flow of money into the economy.

4. From Poverty to Prosperity: A Historical Perspective
   Korea has transitioned through various stages of poverty. Historically, there was Traditional Poverty (전통적 빈곤), prevalent during the Joseon Dynasty, where people lived simple agrarian lives, relying on their gardens for sustenance and engaging in communal sharing. This was followed by Absolute Poverty (절대적 빈곤), a period marked by extreme hardship, particularly after the Korean War, where industrial facilities were destroyed and survival was a daily struggle. People resorted to eating tree bark and roots to survive.

Currently, Korea faces Relative Poverty (상대적 빈곤), where despite overall economic growth, individuals experience a sense of deprivation when comparing themselves to others. This is not a lack of money itself, but rather a feeling of being left behind in a society where wealth disparity is evident. this situation is a result of political mismanagement. He proposes that the annual national tax revenue of 560 trillion Korean Won should be reallocated, with 400 trillion Korean Won returned to the citizens as shareholders of the “Republic of Korea Corporation,” and 160 trillion Korean Won used for national operations.

Huh Kyung-young strongly distinguishes his National Dividend system from the basic income (기본소득제) proposed by other politicians. basic income is a concept rooted in communist states, where the government provides for its citizens. He criticizes basic income proposals for not addressing budget savings and for offering only a small fraction of what the National Dividend would provide. his policies are the “original source (원조 맛집)” of all policies in Korea, developed over 30 years, and that other politicians are merely imitating his ideas without understanding their fundamental principles.

5. Financial Reforms and Societal Transformation
   the basic income system is contrary to the spirit of the Korean Constitution, tax justice, and capitalism. capitalism thrives on competition and rewards effort, making it illogical to provide basic income to those who do not work. He views such proposals as a deceptive imitation of his original ideas, leading only to increased national debt. He pledges that as president, he would not receive a salary or official expenses, and would eliminate salaries for National Assembly members, mayors, and other officials, encouraging them to serve the nation voluntarily after retirement.

The financial resources for the National Dividend and other policies would come from several reforms. Firstly, changing the penalty system (벌금 제도) to replace imprisonment with fines would generate 100 trillion Korean Won annually. Secondly, integrating 36 different tax systems would yield another 100 trillion Korean Won. Thirdly, addressing tax evasion and other loopholes would secure an additional 100 trillion Korean Won. These measures, combined with the 400 trillion Korean Won saved from the national budget, would provide ample funds, totaling 800 trillion Korean Won, to implement the National Dividend and other welfare programs, with hundreds of trillions remaining.

Huh Kyung-young also highlights significant wasteful spending in the current budget, such as 35 trillion Korean Won for gender equality (성인지 예산) and 45 trillion Korean Won for low birth rate (저출산 예산), totaling 80 trillion Korean Won annually. Despite these expenditures, the low birth rate issue persists. He points out that a young spokesperson for the People Power Party (국민의힘) identified the low birth rate as the most critical issue facing Korea, aligning with Huh Kyung-young’s long-standing emphasis on this problem. He recalls his 30-year-old campaign song, which promised 100 million Korean Won for marriage and 30 million Korean Won for childbirth, demonstrating his foresight on this issue.

6. The Philosophy of Suffering and Joy
   after suffering, sweetness (단맛) inevitably follows. He illustrates this with the ancient Chinese proverb, “Saiwongjima (새옹지마)” (塞翁之馬), which means “a blessing in disguise” or “good luck may be bad luck, and bad luck may be good luck.” This story tells of an old man whose horse ran away, only to return with a wild mare, bringing both joy and sorrow. Later, his son broke his leg riding the new horse, which seemed like a misfortune but saved him from conscription in a war where all other young men died. This narrative underscores the unpredictable nature of fortune and misfortune.

He interprets this proverb as “Jeonhwa-wibok (전화위복)” (轉禍爲福), meaning “turning misfortune into a blessing.” From the perspective of the old man’s wife, her initial mistake of not securing the horse properly, which led to her husband’s scolding, ultimately resulted in their son’s survival and the continuation of their family line. This transformation from repeated failures to ultimate success is akin to “Chiljeon-palgi (칠전팔기)” (七顚八起), meaning “seven falls, eight rises,” or “never say die.” This philosophy suggests that persistent effort through adversity eventually leads to triumph.

just as the Korean people have endured hardship and poverty, they are now poised for prosperity. He believes that his policies, which he refers to as the “original source (원조 맛집)” of all effective solutions, are the key to this future. He criticizes politicians who, despite knowing the efficacy of his ideas, choose to imitate them poorly or engage in power struggles rather than genuinely serving the people. He calls for an end to “revenge politics,” where successive administrations imprison former presidents, and instead advocates for a leadership characterized by “Naeoe-cheongbin (내외청빈)” (內外淸貧), meaning “inner and outer integrity and incorruptibility.” This signifies a leader whose actions and intentions are solely focused on the welfare of the nation, free from personal greed or political ambition.

7. The God-man and the Future of Korea
   Huh Kyung-young is often referred to as the God-man (神人), the Deity, possessing extraordinary abilities and insights. He claims to have a profound understanding of the universe and history, with an IQ of 430. he can resolve complex national issues that ordinary politicians cannot comprehend. He expresses regret that many people fail to recognize his true nature and instead focus on superficial aspects, dismissing him as a “circus monkey” or a “fraud.” However, he notes a growing number of supporters who now acknowledge his unique capabilities and the validity of his policies.

He draws a parallel to Jesus, who was initially misunderstood and persecuted by his own people due to their focus on his outward appearance rather than his divine power. Similarly, Huh Kyung-young believes that the Korean people are currently failing to recognize the true leader who can save their nation. a leader should be judged not by external factors but by their life’s journey, their roots, and their comprehensive understanding of national affairs. he is a unique figure in Korean political history, a presence that cannot be seen again in Korea or even globally.

Huh Kyung-young’s lecture, the 1291st Saturday lecture, reiterates the core concept that the Republic of Korea is a corporation (주식회사) that should distribute dividends to its shareholders—the citizens. He criticizes the current system where taxes collected from the people are primarily spent by government officials and politicians, leaving citizens to struggle. He urges the public to embrace his vision, encapsulated in his “Three-Three Policy (삼삼 정책),” which includes the National Dividend, to transform the nation. the current Era’s Spirit (시대정신) is addressing the low birth rate, a crisis that threatens the very existence of Korea, and that his policies offer the only viable solution.

. The Vision of the National Revolutionary Party: A Middle-Class Society Through National Dividends

The National Revolutionary Party, transcending conventional left and right ideologies, aims to establish a middle-class society where prosperity is equitably distributed through the implementation of a National Dividend System. This system is projected to achieve a substantial 70% reduction in the national budget, with its financial resources amply secured through the party’s comprehensive “33 Policies”. Our party conceptualizes the nation as a corporation, where citizens, who diligently pay taxes, are the shareholders, and the government, which manages these taxes, functions as the corporate entity.

2. The Imperative for a Voting Revolution and New Leadership
   For too long, the populace has been swayed by the deceptive rhetoric of established politicians. Consequently, the prevailing sentiment dictates a complete rejection of corrupt incumbent politicians. The future necessitates electing a new leader endowed with profound foresight to accurately predict future trends, exceptional insight to govern the nation, and an unwavering spirit of public service. This constitutes a voting revolution. Such a revolution represents the most judicious choice to salvage the Republic of Korea from its current existential crisis.

3. The Evolution of Economic Consciousness and the Current Crisis
   In the 1970s and 80s, owning a Pony automobile or a two-story house was a symbol of immense prosperity, envied by many. However, today, driving a Pony might evoke pity, reflecting a dramatic shift in public economic consciousness. Despite Korea’s ascent to the ranks of the world’s top 10 economies, the average citizen struggles to save or purchase a home. Many find their wages barely covering daily expenses, with a significant portion diverted to loan interest payments.

The current household debt stands at an alarming 2,000 trillion Korean Won, equivalent to the nation’s GDP. This figure has surged from 97% to 100% of GDP. Attempts to control this through interest rate adjustments have proven ineffective for ordinary citizens. When banks raise interest rates, household debt stabilizes but does not decrease. Conversely, lowering interest rates and restricting liquidity for loans primarily benefits corporations, leaving households with limited access to funds. This forces many into the high-interest private loan market, exacerbating their financial distress. The true scale of household debt, including these private loans, remains a significant concern.

4. Historical Precedents and Proposed Financial Reforms
   Historically, President Park Chung-hee, following the military revolution, implemented drastic measures to stabilize the economy. Faced with a lack of funds in Korean banks, he secured loans from Germany after being rejected by the U.S.. Recognizing the pervasive reliance on private loans by businesses, he froze all private debt, effectively nullifying it. This led to the collapse of many private lenders but freed citizens from debt, stimulating consumption and economic growth. He also undertook a currency reform, revaluing the currency to further stabilize the financial system. These bold financial overhauls in the 1960s and 70s enabled many to purchase homes and improve their livelihoods.

Today, many young people face bleak prospects, struggling to find employment. The fundamental issue lies within the economic structure itself. For 30 years, I have advocated for a currency change (not merely a reform) to address this. My plan includes quietly liquidating underground funds and nullifying the 2,000 trillion Korean Won in national debt. This would elevate the national debt to 20-30% of GDP, which is still low compared to other OECD nations like Japan, whose national debt is 230-240% of GDP. The current system, by contrast, burdens individuals with excessive private debt, which stands at 100% of GDP.

My administration would implement a zero-interest private loan policy, with the government assuming responsibility for these debts. Furthermore, each citizen aged 18 and above would receive 100 million Korean Won to settle household debts. This money would first be used to clear bank loans, with any remaining balance disbursed to the individual. This would effectively bring household debt to zero.

5. The National Dividend System and Economic Revitalization
   With household debt eliminated, a monthly National Dividend would be distributed. For a couple, this would amount to 3 million Korean Won. For a family with two children, it would be 6 million Korean Won, and with four children, 9 million Korean Won. This dividend would be additional income, received regardless of employment status, automatically elevating citizens to the middle class.

To further enhance quality of life and stimulate consumption, I propose reducing the workweek from five to four days. This would provide families with more leisure time, encouraging healthy spending and revitalizing the economy. Additionally, the current monthly salary system would be replaced with weekly or bi-weekly payments. This frequent disbursement would prevent money from being tied up, promoting more consistent and planned spending, much like how children manage their allowances more prudently when received weekly rather than monthly. This meticulous consideration of human psychology is crucial for economic revival.

6. Addressing Poverty and the “Original Recipe” of Policy
   We no longer face absolute poverty, as in the post-Korean War era when people struggled merely to survive. Instead, we contend with relative poverty, where individuals feel deprived in comparison to others, despite having basic necessities. This is a political failure.

My proposal involves reallocating 400 trillion Korean Won of the annual 560 trillion Korean Won in tax revenue back to the citizens as a shareholder dividend, with 160 trillion Korean Won reserved for national operations. This contrasts sharply with the current system where public officials consume a disproportionate share of national income.

The concept of basic income, advocated by other political parties, is fundamentally flawed. It is akin to a communist system where the state provides for its citizens. Unlike my plan, which involves a 70% reduction in national expenditure to fund the National Dividend, basic income proposals often lack a clear funding source, making them mere populism. Furthermore, the proposed basic income amounts are often meager, failing to genuinely address citizens’ needs. My policies are the “original recipe” for all effective national strategies. Other politicians merely imitate my ideas, often distorting them into ineffective populist measures. Basic income, in particular, violates the spirit of our Constitution, tax justice, and capitalism. Capitalism thrives on competition and rewards effort, making unconditional basic income problematic.

7. Comprehensive Financial Strategies for National Prosperity
   My administration would eliminate the salaries of National Assembly members, mayors, and other local officials, transforming these roles into voluntary service positions for retired professionals. This would significantly reduce national expenditure.

Upon my election, the National Dividend of 1.5 million Korean Won per person aged 18 and above would commence immediately. Concurrently, the 100 million Korean Won per person for household debt settlement would also be implemented through quantitative easing. All private loans would be frozen, with the government assuming these debts. These measures would redirect money from underground markets and financial institutions back into the economy, stimulating consumption and revitalizing local businesses.

The funding for these initiatives is robust. In addition to the 400 trillion Korean Won saved by reducing government waste, an additional 400 trillion Korean Won would be generated through various reforms.
Reforming the fine system: Replacing imprisonment for minor offenses with fines would generate 100 trillion Korean Won annually.
Streamlining the tax system: Consolidating 36 complex tax categories would yield another 100 trillion Korean Won.
Preventing tax evasion: Rigorous enforcement against tax evasion and illicit financial activities would secure an additional 100 trillion Korean Won.
Special business operators: Implementing policies for 5 million special business operators would generate another 100 trillion Korean Won.

These combined measures would provide an annual surplus of 800 trillion Korean Won, ensuring ample funds for the National Dividend and other programs, with hundreds of trillions remaining.

Current wasteful expenditures include 35 trillion Korean Won for gender equality budgets and 45 trillion Korean Won for low birth rate initiatives, totaling 80 trillion Korean Won annually. Despite these massive allocations, the low birth rate problem persists. My policies, which include 100 million Korean Won for marriage and 30 million Korean Won for childbirth, would directly address this issue, making marriage and childbirth financially attractive.

8. The Principle of “Suffering First, Joy Later” and the “Original Recipe” Leader
   The principle of “suffering first, joy later” (先苦後樂) dictates that enduring hardship precedes prosperity. Our nation has experienced immense suffering and poverty. Now, it is time for prosperity, yet many still struggle, a clear indication of political mismanagement.

My policies are the “original recipe” for national success, developed over 30 years. Other politicians merely plagiarize and dilute my ideas. They are like vendors who hang a lamb’s head (symbolizing my policies) but sell dog meat (their ineffective imitations). They feign concern for the public while engaging in power struggles. This cycle of political vendetta and imprisonment of former presidents must end.

A true national leader must possess integrity and incorruptibility (內外淸貧), with both internal and external focus solely on the welfare of the people. Such a leader, having experienced profound hardship, deeply understands the struggles of the populace.

9. The Prophetic Voice and the Future of Korea
   A pastor, Elijah Kim, has vocally supported my vision, asserting that Korea’s economic challenges stem not from a lack of funds but from misallocation. a leader with comprehensive understanding of national finances and policies, like Huh Kyung-young, is essential to navigate complex economic realities. He highlights that while official statistics may paint a rosy picture, the real economy tells a different story. He also points to Japan’s successful quantitative easing as a model for Korea, suggesting that our nation has sufficient economic strength to implement similar measures. Furthermore, he believes that the next administration can achieve unification through close economic cooperation with North Korea.

Pastor Kim also addresses the common concern that a National Dividend might disincentivize work. for a developed nation like Korea, a monthly dividend of 3 million Korean Won for a couple is a reasonable amount, not excessive, and would stabilize household finances rather than encourage idleness. He criticizes the current political landscape, where leaders engage in endless power struggles and persecute former presidents, instead of focusing on the people’s well-being. He sees me as the last hope for the nation.

Just as Jesus was initially misunderstood and persecuted for his appearance, only to reveal his divine power later, the public often misjudges leaders based on superficial factors. It is crucial to examine a leader’s entire life, their roots, and their journey, rather than just their outward presentation.

The Republic of Korea is a corporation, and its citizens are shareholders who deserve dividends. It is time to change the system where taxes are collected only to be spent by public officials and politicians, leaving citizens to struggle. The era of revenge politics must end. We need a leader with integrity, who genuinely serves the nation, rather than engaging in power struggles. My policies, the “Three-Three Policies” (삼삼정책), are the “original recipe” for national prosperity. The current spirit of the times (시대정신) is childbirth, as highlighted by a 26-year-old spokesperson for the People Power Party. My policies offer concrete solutions to this critical issue, ensuring that young people can marry and raise families without financial burden. We must prevent a future where educated young people are forced into menial jobs due to lack of opportunities and overwhelming debt. A leader with integrity and incorruptibility (內外淸貧) must emerge to guide our nation.

. The Republic of Korea as a Corporation and the National Dividend System

The National Revolutionary Party, transcending both left and right ideologies, aims to realize a middle-class society where everyone can prosper through the distribution of a National Dividend. This system is projected to save a substantial 70% of the national budget, with sufficient funds secured through the implementation of 33 key policies. The party posits that the citizens, who diligently pay taxes, are the shareholders of the nation, and the state, which manages these taxes, functions as a corporation.

For too long, the populace has been swayed by the sweet promises of conventional politicians. Therefore, the prevailing sentiment dictates a need to entirely exclude corrupt established politicians and instead elect a new leader with profound insight to accurately foresee the future and govern the nation with unwavering patriotism. This constitutes a voting revolution, which is deemed an excellent choice to rescue the Republic of Korea from its current critical juncture.

2. The Crisis of the Korean Economy and the Failure of Conventional Politics
   Our nation currently faces a precarious crisis. The perpetual ideological conflict between the left and right has demonstrably hindered the economic well-being of both households and the nation. It is disheartening to observe political figures, even before assuming the presidency, vowing to imprison their predecessors, perpetuating a cycle of animosity and retribution. Such political theatrics, where factions seek to overpower and incarcerate opponents, make one question the purpose of intervention. However, it is the profound distress of the citizens that compels me to pursue the presidency.

The concept of a National Dividend is central to our party’s vision. While initially named the “National Revolutionary Dividend Party,” it was later shortened to the “National Revolutionary Party” due to its length. The core policy is to provide a monthly dividend of 3 million Korean Won to each couple.

The economic landscape has drastically changed. In the 1970s and 80s, owning a Pony car or a two-story house was a symbol of prosperity and happiness. Now, driving a Pony car might evoke pity, reflecting a significant shift in public perception and economic standards. Despite Korea becoming one of the world’s top 12 economies, the average citizen struggles. Saving money and purchasing a home has become exceedingly difficult for most, a stark contrast to previous generations who could achieve these goals through diligent work.

Women, for instance, find that their salaries barely cover cosmetic expenses, indicating a suppression of consumption. This unspent money often flows into banks as interest payments. The annual household debt, which stands at approximately 2,000 trillion Korean Won, is equivalent to our Gross Domestic Product (GDP). This figure has risen from 97% to 100% of GDP. When interest rates are slightly raised, household debt stabilizes, but when lowered, banks restrict lending, making it difficult for ordinary citizens to secure loans. This forces many into the private loan market, where interest rates are significantly higher. The official statistics on household debt do not even account for this burgeoning private loan sector.

3. Historical Precedents and Proposed Economic Reforms
   President Park Chung-hee, following the military revolution, took decisive action to address a similar crisis. Faced with a lack of funds in Korean banks, he secured loans from Germany and froze all private loans, effectively nullifying them. This move, though it caused hardship for private lenders, freed citizens from debt and stimulated consumption, leading to economic development. He also implemented a currency reform, revaluing the currency to stabilize the economy. This series of financial overhauls in the 1960s and 70s enabled people to purchase homes and improve their livelihoods.

Today, many young people face a bleak future, struggling to find employment, highlighting a fundamental flaw in the economic structure. I proposed solutions to these issues 30 years ago, including currency alteration (not merely reform) to quietly address underground funds and eliminate 2,000 trillion Korean Won in national debt. This would increase the national debt by 20-30%, but it would alleviate the burden on individuals. While Japan’s national debt is 230-240% of its GDP, Korea’s is only about 60%, indicating that the current national debt is not the primary issue; rather, it is the burden on individuals. Our household debt, at 100% of GDP, is the real concern.

When I become president, I will implement a zero-interest private loan policy, with the state assuming and repaying all private debts. Furthermore, the 2,000 trillion Korean Won in household debt will be addressed by providing 100 million Korean Won to every citizen aged 18 and above. For a family of five, this would amount to 500 million Korean Won, which would first be used to clear existing bank debts, with any remaining balance returned to the family. This would effectively bring household debt to zero.

In addition to this, a monthly National Dividend of 1.5 million Korean Won per person would be provided. For a couple, this would be 3 million Korean Won, and for a family with two children, 6 million Korean Won. This income would be supplementary to regular salaries, ensuring that everyone automatically becomes part of the middle class, free from financial worries.

4. Enhancing Quality of Life and Economic Stability
   To further improve the quality of life, the five-day work week will be reduced to a four-day work week, increasing leisure time for families and stimulating healthy consumption. This contrasts with the current system where people are constantly working, leaving no time for consumption.

The monthly salary system will also be abolished and replaced with weekly or bi-weekly payments. Receiving salaries more frequently encourages more consistent spending and better financial planning, preventing the cycle of impulsive spending at the beginning of the month followed by financial struggles. Just as a child manages their allowance better when given weekly rather than monthly, citizens will develop more systematic spending habits. This approach is meticulously designed to consider the psychological state of individuals and revitalize the economy.

5. Addressing Poverty and the National Dividend vs. Basic Income
   We no longer face absolute poverty, which was prevalent in the past, but rather relative poverty. People may have money, but they feel comparatively poor when observing others with greater wealth. Historically, Korea experienced traditional poverty from the Joseon Dynasty, where people lived communally, sharing resources and helping each other. This was followed by absolute poverty during the Korean War, where survival was a daily struggle amidst widespread destruction. Now, we are in an era of relative poverty, where individuals compare themselves to others. A nation that has experienced such hardship should now prosper, but the current political system has failed to achieve this.

The National Dividend system proposes to return approximately 400 trillion Korean Won of the annual 560 trillion Korean Won in tax revenue to the citizens, with the remaining 160 trillion Korean Won used for national operations. This is akin to a corporation where employees (politicians and civil servants) should not consume the majority of the company’s revenue, but rather distribute profits to the shareholders (citizens).

The basic income system advocated by other political parties is fundamentally flawed. It is a concept rooted in communist states, where the state provides for its citizens. Unlike the National Dividend, which is funded by a 70% reduction in national budget waste, basic income proposals often lack a clear funding source, making them mere populism. Furthermore, the proposed basic income of a few hundred thousand Korean Won is insufficient to solve the nation’s problems, especially when compared to the 3 million Korean Won National Dividend. This basic income concept is a mere imitation of my policies, a “fake original”.

My policies are the original blueprint for all policies in the Republic of Korea. Other politicians are merely adopting and distorting them, like selling dog meat under the guise of lamb. The basic income system violates the spirit of our constitution, tax justice, and capitalism. Capitalism thrives on competition and rewards effort, so providing income to those who do nothing is unjust. It is an insult to citizens, treating them like welfare recipients. Such populist measures only increase national debt.

6. Fiscal Responsibility and Policy Implementation
   When I become president, I will not accept a salary or official expenses, thereby reducing the national budget. The salaries of National Assembly members, mayors, and other officials will be eliminated, encouraging individuals who have already retired and receive pensions to serve out of a spirit of public service. Many people are eager to serve without financial compensation. The current basic income proposals are a waste of taxpayer money.

My policies, such as the National Dividend of 1.5 million Korean Won per person aged 18 and above, will be implemented immediately upon my election. The 100 million Korean Won per person to clear household debt will also be enacted immediately through quantitative easing. Private loans will be frozen, and the state will repay them. This will prevent money from flowing into underground private loan markets and financial institutions, stimulating consumption and revitalizing the economy.

My policies are the original and authentic solutions. I have dedicated 30 years to developing these comprehensive policies, even illustrating them with cartoons. My presidency is prepared and destined. Other politicians are merely plagiarizing my ideas.

7. Financial Strategies for the National Dividend
   The National Dividend of 400 trillion Korean Won is not the only source of funds. Additional revenue will be generated through several reforms:
   Reform of the penal system: Replacing imprisonment for minor offenses with fines will generate an additional 100 trillion Korean Won annually. This means that individuals like Lee Jae-yong would pay fines instead of being incarcerated, encouraging them to avoid future transgressions.
   Consolidation of the tax system: Simplifying the 36 existing tax categories will yield another 100 trillion Korean Won.
   Targeting special business operators: This measure is expected to bring in another 100 trillion Korean Won.
   Preventing tax evasion: Rigorous enforcement against tax evasion and other illicit financial activities will secure an additional 100 trillion Korean Won.

These measures, combined with the 400 trillion Korean Won saved by reducing government waste, will provide an annual total of 800 trillion Korean Won. This substantial sum will not only cover the National Dividend and other benefits but also leave a surplus of several hundred trillion Korean Won, approximately 300 trillion Korean Won.

A significant portion of current national expenditure is wasted. For instance, gender equality budgets amount to 35 trillion Korean Won, and low birth rate budgets total 45 trillion Korean Won annually, summing up to 80 trillion Korean Won. This 80 trillion Korean Won is comparable to the national defense budget. Despite these massive expenditures, the low birth rate issue remains unresolved and continues to worsen.

Recently, a 26-year-old spokesperson for the People Power Party, Yang Jun-ho, identified the low birth rate as the most critical issue facing Korea, even more so than fairness. He implicitly acknowledged that my policies offer the solution. Thirty years ago, my proposals, such as providing 30 million Korean Won for marriage and 30 million Korean Won for childbirth, were ridiculed. Now, these ideas are recognized as timely and necessary. My campaign songs, which promoted these policies, were even broadcast on national television.

8. The Three-Three Policy and the Spirit of Public Service
   My core platform is the Three-Three Policy. This policy ensures that every citizen aged 18 and above receives 1.5 million Korean Won monthly, guaranteeing a middle-class standard of living. This is a fundamental change to the national constitution.

True poverty is when both the outward appearance and inner intentions are impoverished. Politicians who outwardly claim to serve the people but inwardly pursue power are not genuinely committed to the nation’s well-being. A true leader is consumed by the desire to alleviate the poverty of the people, having experienced it firsthand. Such a leader’s entire focus is on improving the lives of citizens.

The current political landscape is marred by retaliatory politics, where successive administrations imprison their predecessors. This cycle of vengeance must end. Unlike other nations where changes in government do not lead to mass incarcerations, Korea sees a continuous stream of former officials being imprisoned. This must cease.

A national leader must possess integrity and incorruptibility. Leaders with dual personalities, who outwardly claim to serve the people while inwardly pursuing wealth and power, transform the National Assembly into a battleground for power struggles rather than a place to improve citizens’ lives.

I do not criticize specific individuals but rather the system. It is time for politicians to undergo a “spiritual re-education”. As the pastor mentioned, people must awaken and recognize the true solutions. Just as Jesus was initially misunderstood and persecuted for his appearance, my policies have been similarly dismissed. However, I am a unique political figure, unparalleled in Korean history and even globally.

The Republic of Korea is a corporation that should distribute dividends to its shareholders—the citizens. Instead, tax revenues are consumed by civil servants and politicians, leaving citizens to struggle. It is time to change this. My policies, such as providing 300 million Korean Won for marriage and 50 million Korean Won for childbirth, will revitalize the family economy.

The most pressing issue facing our nation is the low birth rate. My policies would make marriage and childbirth so attractive that parents would encourage their children to marry, knowing that financial support is readily available. Without such measures, young people face immense difficulties, struggling to find jobs and often ending up in physically demanding, low-wage work despite their education. Many become credit defaulters due to student loans, further hindering their job prospects.

A leader with integrity and deep understanding of the people’s struggles must emerge.

The Republic of Korea, Inc. and the National Dividend

1. The Vision of a Middle-Class Society Through National Dividends
   The National Revolutionary Party, transcending both left and right ideologies, endeavors to realize a middle-class society where all citizens can prosper equitably through the distribution of National Dividends. This initiative is projected to conserve a substantial 70% of the national budget, with ample financial resources secured through the implementation of 33 comprehensive policies. The party posits that the citizenry, who diligently pay taxes, are the shareholders of the nation, and the state, which manages these taxes, functions as a corporation. For too long, the populace has been swayed by the alluring rhetoric of established politicians. Consequently, the prevailing sentiment dictates a revolutionary shift in voting patterns, advocating for a new leader endowed with profound foresight to accurately anticipate the future and an unwavering spirit of public service, thereby completely sidelining corrupt incumbent politicians. This electoral revolution is deemed the paramount choice to salvage the Republic of Korea from its current existential crisis.

2. The Economic Predicament and the Proposed Solutions
   The nation currently faces a precarious crisis. The perennial ideological conflicts between the left and right factions have demonstrably hindered the economic well-being of the populace and stifled national economic growth. The recurring discourse among political aspirants, vowing to incarcerate former presidents, underscores a deeply entrenched cycle of partisan retribution. Such political theatrics are disheartening, prompting a profound reflection on the necessity of intervention. The current economic landscape reveals a stark contrast to past eras. In the 1970s and 80s, owning a Pony automobile or a two-story house signified prosperity. However, today, such possessions no longer command the same respect, reflecting a significant evolution in public consciousness. Despite the Republic of Korea ascending to the ranks of the world’s top 10 economies, the average citizen finds it increasingly challenging to save money or acquire property. This difficulty is exacerbated by a system where a significant portion of earned income is diverted to interest payments to banks, rather than stimulating consumption.

The aggregate household debt in Korea stands at approximately 2,000 trillion won, equivalent to the nation’s GDP. This figure has steadily climbed, reaching 100% of GDP from 97% just months prior. Attempts to adjust interest rates have revealed a complex dynamic: while a slight increase in interest rates stabilized household debt, a subsequent decrease, coupled with tightened lending controls, made it harder for individuals to secure loans. This scarcity of legitimate credit channels has driven many to the usurious private loan market, where interest rates are considerably higher. The unrecorded portion of this private debt, not included in the 2,000 trillion won official statistic, is a source of grave concern.

Historically, President Park Chung-hee, following the military revolution, implemented drastic measures to address a similar crisis. Faced with a national shortage of funds and widespread private debt, he froze all private loans, effectively nullifying them, and initiated a currency reform. These actions, though controversial, liberated the populace from the burden of private debt, stimulated consumption, and propelled economic development. Funds previously trapped in the private loan market flowed into the legitimate financial system, fostering economic growth.

3. The National Dividend Policy and Economic Transformation
   My proposed policies aim to rectify these systemic issues. I advocate for a currency change, not merely a reform, to quietly address underground funds and nullify the 2,000 trillion won of national debt. This would elevate Korea’s national debt ratio, currently low compared to OECD nations like Japan (230-240%), to a more balanced level. The current low national debt is achieved at the expense of individual citizens, who bear the brunt of private debt, which stands at 100% of GDP.

Upon assuming the presidency, I pledge to implement a zero-interest private loan policy, where the state will assume and repay all private debts. Furthermore, the 2,000 trillion won in household debt will be addressed by providing each citizen aged 18 and above with 100 million won. This sum will first be used to settle existing bank debts, with any remaining balance disbursed to the individual. This measure will effectively eliminate household debt.

In addition to debt relief, a monthly National Dividend of 1.5 million won will be distributed to every citizen aged 18 and above. For a couple, this amounts to 3 million won, and for a family of four, 6 million won. This dividend, received irrespective of employment status, will automatically elevate citizens to the middle class, alleviating financial anxieties.

To further enhance quality of life and stimulate consumption, I propose transitioning from a five-day work week to a four-day work week, allowing families more leisure time for healthy consumption. The current monthly salary system, which leads to concentrated spending at the beginning of the month and subsequent financial strain, will be replaced with a weekly or bi-weekly payment system. This will enable more consistent and planned spending, fostering a stable market.

4. Addressing Poverty and the “Original Recipe” of Policy
   Korea has transitioned from an era of traditional poverty (Joseon Dynasty), characterized by self-sufficiency and communal spirit, to absolute poverty following the Korean War, where survival was a daily struggle. We now face relative poverty, where individuals, despite having income, feel impoverished in comparison to others. This is a political failure.

My National Dividend proposal allocates 400 trillion won of the annual 560 trillion won in national tax revenue back to the citizens, reserving 160 trillion won for state operations. This re-establishes the citizenry as the true shareholders of the nation, receiving their rightful dividends.

The “basic income” proposals put forth by other political parties are fundamentally flawed. They are akin to a communist state providing handouts, lacking a clear funding mechanism beyond simply increasing the budget, which leads to greater national debt. My plan, in contrast, is predicated on a 70% reduction in national expenditure. These other proposals are mere imitations of my original ideas, much like counterfeit “original recipe” restaurants. I am the “original recipe” of all policies in the Republic of Korea, having meticulously developed these solutions over 30 years.

My policies also include:
Replacing imprisonment with fines for most offenses, which would generate an additional 100 trillion won annually.
Integrating 36 different tax systems to simplify the process and yield another 100 trillion won.
Preventing tax evasion and illicit financial outflows, which could secure an additional 100 trillion won.
Eliminating unnecessary government expenditures, such as the 35 trillion won gender equality budget and the 45 trillion won low birth rate budget, which have proven ineffective.

These measures, totaling an additional 800 trillion won, combined with the 400 trillion won saved from budget reductions, would provide ample funds for the National Dividend and other welfare programs, with hundreds of trillions of won remaining.

5. The Urgency of the Times and the Path Forward
   The current era demands a leader who can address the critical issue of low birth rates, which has been identified as the paramount “spirit of the times” by a young spokesperson for the People Power Party. My proposals, including 100 million won for marriage and 50 million won for childbirth, were conceived 30 years ago and are now more relevant than ever. These policies, once ridiculed, are now recognized as prescient solutions to a looming national crisis.

My presidential campaign will be a celebration of hope, not a platform for political mudslinging. I will utilize innovative campaign strategies, including engaging songs and advertisements, to convey my message of hope and prosperity to the people.

The current political landscape is characterized by a cycle of retribution, where incoming administrations prosecute their predecessors. This “revenge politics” must cease. A true leader must embody “inner and outer integrity” (內外俱貧), meaning their actions and intentions are solely focused on the welfare of the nation, not on personal gain or power struggles.

The people of Korea are currently enduring immense hardship, akin to “eating the wind and sleeping in the dew.” My own life experiences, marked by extreme poverty and relentless pursuit of knowledge, have instilled in me a profound understanding of their struggles. I have lived the principle of “suffering first, then joy” (先苦後樂), and I believe the nation, having endured much, is now poised for prosperity.

Many, including prominent figures like Pastor Elijah Kim, are now recognizing the validity and necessity of my policies. They perceive the current political establishment as failing to address the fundamental issues, while my vision offers a tangible path to national rejuvenation.

The Republic of Korea is a corporation, and its citizens are its shareholders. It is time to transform this corporation into one that truly serves its shareholders by distributing National Dividends, rather than allowing tax revenues to be squandered by politicians and bureaucrats. My policies, including the immediate implementation of 100 million won per person for debt relief and the monthly 1.5 million won National Dividend, will be enacted immediately upon my election. This will be achieved through a direct mandate from the people, bypassing the obstructionist political establishment.

The youth of Korea face immense challenges, including student loan debt and difficulty finding employment. My National Dividend policy will alleviate these burdens, ensuring that no young person suffers from lack of medical care or becomes a credit defaulter. A leader with “inner and outer integrity” is now imperative for the nation’s future.

1. The Vision of the National Dividend System

The National Revolutionary Party, transcending both left and right ideologies, aims to realize Centrism (中産主義) through the distribution of National Dividends (國民配當金), ensuring prosperity for all citizens. This system is projected to save a substantial 70% of the national budget, with ample financial resources secured through the implementation of 33 key policies. The party posits that the citizens, who diligently pay taxes, are the shareholders (株主) of the nation, and the state, which manages these taxes, functions as a corporation (株式會社).

2. The Imperative for a Voting Revolution
   For too long, the populace has been swayed by the deceptive rhetoric of established politicians. Therefore, the prevailing sentiment dictates a complete rejection of corrupt incumbent politicians and a vote for a new leader possessing profound foresight to accurately predict the future and govern the nation with unwavering love for the people (愛民精神). This constitutes a Voting Revolution (投票革命). Such a revolution is deemed the paramount choice to salvage the Republic of Korea from its current existential crisis.

3. The Current State of National Crisis and Political Dysfunction
   The nation currently faces a perilous crisis. The perpetual confrontation between opposing factions (左右의 대립) has demonstrably hindered the economic well-being of the populace and the nation as a whole. The discourse among political aspirants, who openly declare intentions to imprison former presidents or engage in internecine struggles, evokes a profound sense of dismay. Such political theatrics, which the public passively endures, suggest a self-inflicted hardship. The cycle of retribution, where one faction seeks to incarcerate the other, compels a reluctant re-entry into the presidential race, driven by a deep concern for the suffering of the people.

4. The Genesis of the National Dividend Party
   The concept of National Dividends (國民配當金) is central to the party’s identity. Initially, the party was conceived as the “National Revolutionary Dividend Party” (國家革命配當金黨), often shortened to the “Dividend Party” (配當金黨). Due to its length, it was eventually streamlined to the “National Revolutionary Party” (國家革命黨). The core policy remains the provision of a 3 million won dividend per couple.

5. The Evolution of Economic Consciousness and the Stagnation of Living Standards
   In the 1970s and 80s, owning a Pony automobile or a two-story house was a symbol of aspiration and happiness. However, in contemporary society, driving a Pony might evoke pity, reflecting a significant shift in public perception and economic standards. Despite Korea’s ascent to the ranks of the world’s top 10 economies, the average citizen’s ability to save or purchase a home has become increasingly challenging. For many, especially women, their entire salaries are consumed by basic expenses like cosmetics, leaving little for savings. This indicates a systemic suppression of consumption, with funds largely diverted to interest payments to banks.

6. The Burden of Household Debt and the Flaws of Monetary Policy
   The annual interest burden on household debt amounts to approximately 100 trillion won. The total household debt stands at 2,000 trillion won, equivalent to the nation’s GDP. This figure has risen from 97% to 100% of GDP. Attempts to control this by slightly raising interest rates merely stabilized the debt at 2,000 trillion won, revealing that bank funds were not genuinely circulating. Conversely, lowering interest rates while simultaneously restricting loan liquidity led to a paradoxical situation: while interest rates were lower, obtaining funds became more difficult. This forced individuals, particularly the working class, into the private loan market (私債市場), where interest rates surged. The unrecorded portion of this private debt, not included in the 2,000 trillion won statistic, is a significant concern.

7. Historical Precedent: Park Chung-hee’s Financial Reforms
   President Park Chung-hee, following the military revolution, implemented drastic measures to address a similar financial crisis. At that time, Korean banks lacked funds, necessitating borrowing from Germany after being rejected by the United States. The prevalence of private loans among businesses led the state to freeze all private debt, effectively nullifying it. This action, though causing hardship for private lenders, liberated citizens from debt and stimulated consumption, thereby fostering economic development. Funds previously flowing into the private loan market began to circulate within the legitimate economy. President Park also implemented a currency reform (貨幣改革) to further stabilize the financial system and curb private lending. This reform significantly altered the value of money; for instance, 100 million won then was equivalent to 1 billion won today, and a monthly salary of 100,000 won became 10,000 won. These financial overhauls in the 1960s and 70s enabled many to purchase homes and improve their livelihoods.

8. The Contemporary Economic Predicament and Proposed Solutions
   Today, many individuals, especially young people, face bleak economic prospects, struggling to find employment. This is a structural economic problem that existing politicians have failed to address. The National Revolutionary Party, established 30 years ago, proposed solutions such as currency alteration (貨幣變更) – not merely reform – to quietly manage underground funds and nullify the 2,000 trillion won national debt. This would effectively reduce the national debt, which is currently low compared to OECD nations like Japan (230-240% of GDP), while simultaneously alleviating the burden on individuals. The current private household debt, at 100% of GDP, is a critical issue. The rising real estate prices have exacerbated this, as banks primarily lend to property owners and real estate agents, leaving ordinary citizens with no collateral to secure loans. This forces them into the private loan market, leading to widespread debt among young people.

9. The National Dividend System: A Comprehensive Solution
   Upon assuming the presidency, the private loan market (私債市場) will be eradicated, with the state assuming all private debts. Furthermore, the 2,000 trillion won household debt will be addressed by providing 100 million won to every citizen aged 18 and above. For a family of five, this would amount to 500 million won, intended to clear all household debts. Any remaining funds after debt repayment would be returned to the individuals. This initiative aims to achieve zero household debt (家計負債 제로).

In addition to debt relief, a monthly National Dividend (國民配當金) of 1.5 million won per person aged 18 and above will be distributed. For a couple, this amounts to 3 million won; for a family with two children, 6 million won; and for a family with four children, 9 million won. This dividend is supplementary to regular income, ensuring that all citizens automatically become part of the middle class (中産層), free from financial worries.

10. Reforming Labor and Consumption Patterns
    To enhance the quality of life, the five-day work week will be reduced to four days, providing more leisure time for families to engage in healthy consumption. The current monthly salary system will be abolished and replaced with weekly or bi-weekly payments. This aims to stabilize consumption patterns, preventing the current cycle of concentrated spending at the beginning of the month followed by prolonged periods of frugality. Weekly payments encourage more disciplined spending habits. While the National Dividend will be distributed monthly, regular salaries will transition to weekly or bi-weekly payments to facilitate more convenient and planned consumption. This approach, akin to providing children with weekly allowances, fosters better financial planning and prevents impulsive spending.

11. The Evolution of Poverty in Korea
    Korea has transitioned through various stages of poverty.
    Traditional Poverty (傳統的貧困): This era, spanning from the Joseon Dynasty, was characterized by a lack of economic concepts, with livelihoods sustained through farming and communal sharing. The spirit of mutual aid (두레 정신) and community ensured that no one suffered alone.
    Absolute Poverty (絶對的貧困): The Korean War (6.25 사변) plunged the nation into absolute poverty, destroying industrial infrastructure and leading to widespread starvation. Survival itself was a daily struggle, with people resorting to eating tree bark and roots.
    Relative Poverty (相對的貧困): Currently, Korea experiences relative poverty, where individuals, despite having some income, feel impoverished when compared to others. This is a political failure, as the nation’s wealth is not equitably distributed.

12. Distinguishing National Dividends from Basic Income
    The National Dividend (國民配當金) system differs fundamentally from the Basic Income (基本所得) proposed by other parties. Basic income, often associated with communist states, is a handout. It typically involves distributing a small sum (tens of thousands of won) without reducing the national budget, which is a populist (포퓰리즘) approach. In contrast, the National Dividend system is funded by a 70% reduction in national expenditure, amounting to 400 trillion won, which is then returned to the citizens as shareholders. This concept, originating from Huh Kyung-young, is the “original blueprint” (원조 맛집) for all such policies in Korea.

Basic income is deemed unconstitutional and contrary to the principles of tax justice (租稅正義) and capitalism (資本主義). Capitalism thrives on competition and rewards effort; providing income to those who do not work undermines this principle and fosters dependency. Such policies are merely imitations of the original concept, leading to increased national debt.

13. Financial Reforms and Revenue Generation
    Upon assuming office, the president will forgo salary and entertainment expenses, and parliamentary salaries will be abolished. Public servants, including mayors and provincial council members, will serve voluntarily, drawing from their pensions rather than receiving salaries. This eliminates wasteful spending on basic income schemes.

The National Dividend (國民配當金) will be implemented immediately upon election. The 100 million won per person for debt relief will also be disbursed immediately through quantitative easing (量的緩和), after household debts are settled. Private loans will be frozen and assumed by the state. These measures will stimulate the economy by redirecting funds from underground markets and financial institutions back into public consumption.

The financial resources for the National Dividend system are substantial:
Budget Savings: 400 trillion won from a 70% reduction in national expenditure.
Fine System Reform (罰金制度 개혁): Replacing imprisonment for minor offenses with fines will generate 100 trillion won annually.
Tax System Integration (稅金制度 통합): Simplifying 36 complex tax categories will yield another 100 trillion won.
Prevention of Tax Evasion: Enhanced measures against tax evasion and illicit financial flows will secure an additional 100 trillion won.
Special Business Operators (特殊事業者): Identifying and taxing 5 million special business operators will generate another 100 trillion won.

These combined measures will provide over 800 trillion won annually, ensuring ample funds for the National Dividend and other initiatives, with hundreds of trillions remaining.

14. Addressing Wasteful Spending and Societal Challenges
    Significant national waste includes:
    Gender Equality Budget (性認知豫算): 35 trillion won annually.
    Low Birth Rate Budget (低出産豫算): 45 trillion won annually.

These two budgets alone amount to 80 trillion won annually, comparable to the defense budget. Despite the 45 trillion won allocated to the low birth rate policy, the birth rate continues to decline, indicating ineffective spending. The current era’s spirit (時代精神) is not merely fairness but fundamentally about addressing the low birth rate.

15. The “Original Blueprint” of Huh Kyung-young’s Policies
    Huh Kyung-young’s policies, including the “30 million won for marriage, 30 million won for childbirth” initiative proposed 30 years ago, were initially met with ridicule but are now recognized as prescient. These policies, meticulously planned over three decades, represent the “original blueprint” (원조 맛집) for national governance.

16. The Principle of “First Hardship, Then Joy” (先苦後樂)
    The path to true prosperity follows the principle of “First Hardship, Then Joy” (先苦後樂). Those who endure hardship first will experience true joy later in life, while those who seek comfort early will face difficulties in old age. This reflects the nation’s historical journey from poverty to potential prosperity.

17. The Philosophical Underpinnings of Change: Saeongjimah (塞翁之馬) and Jeonhwawibok (轉禍爲福)
    The ancient Chinese proverb Saeongjimah (塞翁之馬), meaning “the old man at the frontier loses his horse,” illustrates the unpredictable nature of fortune. A seemingly unfortunate event, like the loss of a horse, can lead to unexpected blessings, such as the horse returning with a mare, or a son breaking his leg, thus avoiding conscription in a war. This concept is encapsulated by Jeonhwawibok (轉禍爲福), meaning “to turn misfortune into a blessing”. From the perspective of the old man’s wife, this journey represents Chiljeonpalgi (七顚八起), or “seven falls, eight rises,” signifying resilience and ultimate triumph despite repeated setbacks.

18. The Role of a True Leader: Integrity and Vision
    A true national leader must possess integrity (淸廉) and frugality (淸貧), with their inner and outer selves aligned in their dedication to the welfare of the people. Politicians who outwardly claim to serve the public while secretly pursuing power are akin to “hanging a sheep’s head and selling dog meat” (羊頭狗肉). This cycle of political retribution, where successive administrations imprison their predecessors, must cease. The National Assembly, instead of being a battleground for power, should be a place dedicated to improving the lives of citizens.

19. The Republic of Korea as a Shareholder Corporation
    The Republic of Korea is fundamentally a corporation (株式會社) that should distribute National Dividends (國民配當金) to its citizens, who are its shareholders. The current system, where taxes are collected and then entirely spent by public officials and politicians, leaving citizens with nothing, must be transformed. The era’s spirit (時代精神) is the urgent need to address the low birth rate, a crisis that threatens the nation’s future. Policies like providing 300 million won for marriage and 50 million won for childbirth would incentivize young people to marry and have children, alleviating their financial burdens. The National Dividend (國民配當金) system offers a comprehensive solution to the financial struggles of young people, including tuition debt and medical expenses, preventing them from becoming credit defaulters. A leader with genuine integrity, whose inner and outer selves are devoted to the people’s welfare, is essential for this transformation.

Republic of Korea Inc. and the National Dividend

1. Keyword Frequency

• nation: 28
• policy: 20
• dividend: 19
• money: 18
• economy: 16
• politics: 14
• government: 13
• debt: 12
• income: 11
• president: 10

2. Today’s Central Metaphor
   The central metaphor portrays the Republic of Korea as a joint-stock company (주식회사) where citizens are shareholders who should receive dividends, and the government is the management that has mismanaged funds.

3. Lecture in Numbers

• 70%: The percentage of national budget that the National Revolutionary Party aims to save.
• 33: The number of major policies proposed by Huh Kyung-young.
• 3 million won: The monthly dividend proposed for a couple.
• 12: The number of countries in the world’s top 10 economies (speaker states Korea is 11th).
• 11th: Korea’s economic ranking among 229 countries.
• 2,000 trillion won: The approximate amount of household debt in Korea, equivalent to its GDP.
• 4,700 trillion won: Total household debt mentioned in one instance.
• 97%: Household debt as a percentage of GDP a few months prior.
• 100%: Current household debt as a percentage of GDP.
• 400 trillion won: The amount of national revenue that should be returned to the people as dividends.
• 160 trillion won: The amount of national revenue to be used for government operations.
• 30 years: The duration Huh Kyung-young claims to have developed his policies.
• 230-240%: Japan’s national debt as a percentage of GDP.
• 60%: Korea’s national debt as a percentage of GDP.
• 18 years old: The age from which individuals are eligible for the 100 million won payment and monthly dividends.
• 100 million won: The amount given to each person aged 18 or older to clear household debt.
• 150만원 (1.5 million won): The monthly national dividend per person aged 18 or older.
• 4 days: Proposed workweek (down from 5 days).
• 100 trillion won: Additional revenue from changing the fine system.
• 36: The number of tax systems to be integrated.
• 5 million: The number of special business operators mentioned in relation to increased revenue.
• 800 trillion won: Total potential annual revenue from various reforms.
• 300 trillion won: Remaining funds after all proposed payments and expenses.
• 35 trillion won: Annual budget for gender equality.
• 45 trillion won: Annual budget for low birth rate policies.
• 80 trillion won: Combined annual budget for gender equality and low birth rate.
• 141: Number of candidates for the People Power Party spokesperson position.
• 26 years old: Age of Yang Jun-ho, who became a spokesperson.
• 30 million won: Amount proposed for marriage in a past campaign song.
• 300 million won: Amount proposed for marriage in a revised campaign song.
• 50 million won: Amount proposed for childbirth in a revised campaign song.
• 1,291st: The current lecture number in the series.
• 430: Huh Kyung-young’s claimed IQ.

4. Signature Sentence
   “대한민국은 주식의 사야 국민 배당금을 주는 주시겠어요?” (The Republic of Korea is a joint-stock company that gives national dividends, isn’t it?)

5. Concise Summary & Highlights
   Huh Kyung-young proposes a “National Dividend” system, treating Korea as a corporation, to resolve economic hardship.

• Korea is a “joint-stock company” where citizens are shareholders.
• The government mismanages 70% of the national budget.
• Proposed policies include 100 million won per adult to clear household debt and 1.5 million won monthly dividends.
• Reforms like changing the fine system and tax integration will generate additional revenue.
• Current political parties are criticized for “dog-eat-dog” power struggles and “fake” policies.
• The “National Dividend” aims to eliminate poverty, boost consumption, and ensure a middle-class life for all.
• He advocates for a 4-day workweek and weekly/bi-weekly pay to stimulate consumption.

6. Scriptural / Religious Citations

• Reference: Implicit reference to Jesus and his disciples.
• Quoted Passage: “Jesus was also misunderstood and persecuted by his own people, the Jews, because of his outward appearance. Later, because he showed God’s power that did not match his appearance, the Jews slandered him and he was crucified. However, all of that was part of God’s plan, a structural part of history.”

7. Historical & Epochal Context
   The lecture is situated in contemporary South Korea, characterized by:

• Economic Disparity: Despite being a top-tier economy, many citizens face significant household debt and struggle to save or buy homes.
• Political Dysfunction: A cycle of partisan conflict, corruption, and former presidents being imprisoned.
• Social Challenges: Issues like low birth rates and a sense of relative poverty, where people feel poor despite overall national wealth.
• Historical Poverty: A past marked by “traditional poverty” (Joseon Dynasty) and “absolute poverty” (Korean War), which Mr. Huh contrasts with current “relative poverty.”

8. Key Figures & Events Referenced

• Park Chung-hee (박정희 대통령): Former South Korean President, credited with freezing private loans and implementing currency reform to stimulate the economy.
• Lee Jae-yong (이재용): Vice Chairman of Samsung Electronics, mentioned in the context of fines instead of imprisonment.
• Yang Jun-ho (양준호): A 26-year-old who became a spokesperson for the People Power Party, cited for identifying the low birth rate as Korea’s “spirit of the times.”
• Elijah Kim (엘리야 킴): A pastor who supports Huh Kyung-young, praising his economic insights and criticizing current political leaders.
• Lee Jae-myung (이재명): Governor of Gyeonggi Province, mentioned as a second-choice candidate by Pastor Elijah Kim.
• Donald Trump: Former US President, referenced by Pastor Elijah Kim for his focus on national independence and “America First” policies.
• Rothschild family: Mentioned in the context of the US government’s financial difficulties after its founding.
• Joseon Dynasty: Referenced as a period of “traditional poverty.”
• Korean War (6.25 사변): Referenced as a period of “absolute poverty.”

9. Core Concept Definitions

• National Dividend (국민배당금): A policy where the government, acting as a “joint-stock company,” distributes a portion of national revenue to its citizens (shareholders) as a monthly dividend.
• Middle-Classism (중산주의): An ideology aiming to ensure that all citizens can live comfortably as part of the middle class, eliminating financial worries.
• Voting Revolution (투표 혁명): The idea that citizens should vote for a new, insightful, and patriotic leader to save the nation from corrupt existing politicians.
• Household Debt Zero (가계부채 제로): A policy to eliminate all household debt by providing each adult with 100 million won.
• Private Loan Zero (사채 제로): A policy to abolish all private loans by having the government pay them off.
• Currency Change (화폐 변경): A proposed reform to adjust the value of currency, similar to past currency reforms, to address underground funds and national debt.
• Quantitative Easing (양적 완화): A monetary policy involving the government printing money to inject into the economy, used to fund the 100 million won payment per person.
• Three-Three Policy (삼삼 정책): Huh Kyung-young’s signature set of policies, emphasizing three main areas or principles.
• Sageji Budget (성인지 예산): Gender equality budget, criticized as wasteful spending.
• Low Birth Rate Budget (저출산 예산): Budget allocated to address the declining birth rate, also criticized as ineffective.
• Traditional Poverty (전통적 빈곤): Historical poverty, like that of the Joseon Dynasty, characterized by communal living and self-sufficiency through farming.
• Absolute Poverty (절대적 빈곤): Extreme poverty, like that experienced during the Korean War, where basic survival is a struggle.
• Relative Poverty (상대적 빈곤): A modern form of poverty where individuals feel deprived compared to others in a wealthy society, despite not being in absolute poverty.
• Chun-hwa-wi-bok (전화위복): A proverb meaning “turning misfortune into a blessing,” illustrated by the “Sa-ong-ji-ma” story.
• Chil-jeon-pal-gi (칠전팔기): A proverb meaning “seven falls, eight rises,” representing perseverance through repeated failures.
• Yang-du-gu-yuk (양두구육): A proverb meaning “hanging a sheep’s head but selling dog meat,” used to criticize politicians who promise one thing but deliver another.
• Nae-oe-gong-bin (내외공빈): A concept meaning “poverty both inside and out,” referring to a leader who is genuinely poor in spirit and focused on the people’s well-being, without internal greed or external pretense.

10. Central Questions & Answers

• Question: How can the Republic of Korea overcome its current economic and political crises and ensure a prosperous life for its citizens?
• Answer: By transforming the nation into a “joint-stock company” that distributes “National Dividends” to its citizens (shareholders), implementing comprehensive economic reforms, and replacing corrupt politicians with a leader focused on the people’s welfare.

11. Conclusion & Strategic / Philosophical Implications
    The lecture concludes with a passionate call for a “National Dividend” system as the ultimate solution to Korea’s economic and social woes. Huh Kyung-young positions himself as the “original master chef” of all policies, implying that other politicians merely plagiarize and distort his ideas. The broader implication is that current political systems are fundamentally flawed, prioritizing power struggles over citizen welfare, leading to a cycle of poverty and dissatisfaction. His vision is to create a society where financial worries are eliminated, consumption is stimulated, and all citizens are guaranteed a middle-class life, thereby achieving true national prosperity and stability. This requires a radical shift in governance, treating the nation as a business accountable to its “shareholders” (the people).

12. Cross-Referencing

• Other works/lectures by the same speaker: The lecture frequently references Huh Kyung-young’s “33 policies” and his long-standing advocacy for the “National Dividend” concept, which he claims to have developed over 30 years. He also refers to his past presidential campaign songs and advertisements.
• Historical parallels or precedents: He draws parallels with Park Chung-hee’s economic reforms, particularly his actions to freeze private loans and implement currency reform to stabilize the economy and enable citizens to buy homes.

13. Content Gaps & Unaddressed Areas

• Detailed Funding Mechanism: While the lecture mentions saving 70% of the budget, integrating tax systems, and changing the fine system, a detailed breakdown of how these measures would generate the exact amounts needed (e.g., 400 trillion won, 100 trillion won) and how they would be implemented without significant economic disruption is not provided.
• Inflationary Impact of Quantitative Easing: The lecture proposes “quantitative easing” (printing money) to fund the 100 million won payment per person. However, it does not address the potential inflationary consequences of such a large-scale monetary expansion.
• Behavioral Economics of Dividends: monthly or weekly payments would lead to more planned spending compared to monthly lump sums, but this is presented as an intuitive observation rather than being supported by specific economic studies or data.
• International Economic Relations: The lecture focuses heavily on domestic economic reforms but does not discuss how these radical changes might impact Korea’s international trade, investment, or diplomatic relations.
• Political Feasibility: The proposal to send all existing politicians to “spiritual education” and form an “interim national assembly” of 100 members to push through policies lacks a clear explanation of its constitutional or practical feasibility within a democratic framework.

14. Future Predictions & Prophetic Statements

• Elimination of Poverty: Huh Kyung-young predicts that with the National Dividend, “you won’t find anyone worrying about money.”
• Economic Revival: He foresees a significant economic revival driven by increased consumption once money flows back into the market from private loans and financial institutions.
• End of Political Retribution: He predicts an end to the cycle of political revenge where former presidents are imprisoned, stating that his leadership would prevent such occurrences.
• Korea’s Global Leadership: Pastor Elijah Kim, a supporter, predicts that God has destined Korea to lead the world in the 21st century with God-man Huh Kyung-young.
• National Extinction due to Low Birth Rate: Yang Jun-ho, a People Power Party spokesperson, is quoted as predicting that Korea might “disappear” if the low birth rate issue is not addressed.

Executive Insight
Huh Kyung-young’s lecture presents a radical vision for South Korea, reframing the nation as a “joint-stock company” where citizens are shareholders entitled to “National Dividends.” This core metaphor underpins a comprehensive policy platform aimed at eradicating household debt, stimulating consumption through direct payments and a shorter workweek, and reforming the tax and fine systems to generate massive revenue. The strategic takeaway is a bold challenge to conventional governance, advocating for a direct, citizen-centric economic model that prioritizes the immediate financial well-being of the populace over traditional political maneuvering. While the proposals offer a compelling narrative of economic liberation and social stability, their practical implementation, particularly regarding inflationary pressures from quantitative easing and the political feasibility of dismantling existing structures, warrants deeper scrutiny for any thoughtful professional considering such transformative policies.

Central Questions & Answers

1. What is Huh Kyung-young’s “National Dividend” policy and how does it address economic inequality in Korea?
   Question: What is the core concept of Huh Kyung-young’s National Dividend policy, and how does he propose it will solve the economic challenges and inequality faced by the Korean people?
   Answer: Huh Kyung-young’s National Dividend policy views Korea as a “stock company” where citizens are shareholders. He proposes distributing 400 trillion won (approximately 70% of the national budget) annually back to the people as a dividend. This aims to establish a “middle-class-ism” where everyone can live comfortably, eliminating financial worries and fostering a healthy consumer economy. He contrasts this with existing basic income proposals, which he views as insufficient and potentially leading to increased national debt.
   Key Quote: “The Republic of Korea is a stock company, and the citizens are shareholders. We must give 400 trillion won, the shareholders’ dividend, to the people.”

2. How does Huh Kyung-young plan to eliminate household debt and stimulate the economy?
   Question: Given the significant household debt in Korea, what specific measures does Huh Kyung-young propose to alleviate this burden and revitalize the national economy?
   Answer: Huh Kyung-young plans to eliminate household debt by providing 100 million won to every citizen aged 18 and above through “quantitative easing.” This money would first be used to clear existing bank loans, with any remaining balance given directly to the individual. Additionally, he proposes freezing all private loan (usury) debts, with the government taking responsibility for their repayment, thereby freeing citizens from high-interest burdens and redirecting funds from the shadow economy into legitimate consumption.
   Key Quote: “When I become president, I will make private loans zero. The state will pay off the private loans for the people.”

3. What is Huh Kyung-young’s perspective on traditional political parties and their approach to governance?
   Question: What is Huh Kyung-young’s critique of existing political parties and their methods of governing, particularly concerning their impact on the lives of ordinary citizens?
   Answer: Huh Kyung-young criticizes traditional political parties for being caught in a cycle of left-right ideological conflict and power struggles, which he believes harms the national economy and the well-being of citizens. these politicians often make “sweet promises” but fail to deliver real solutions, instead focusing on prosecuting former presidents and engaging in “revenge politics.” He positions himself as a “National Party” leader, transcending left and right, focused solely on policies beneficial to the people.
   Key Quote: “The conflict between left and right has hindered the people’s economy and the national economy. This is a fact everyone knows.”

4. How does Huh Kyung-young propose to reform the wage system and promote a healthier work-life balance?
   Question: What are Huh Kyung-young’s proposals for reforming the current wage system and work structure to improve the quality of life for workers and encourage consumption?
   Answer: Huh Kyung-young advocates for changing the monthly salary system to a weekly or bi-weekly payment structure. receiving wages more frequently encourages more consistent and planned spending, preventing the “lump sum” spending patterns that occur with monthly payments. He also suggests transitioning to a four-day work week to provide families with more leisure time, which would naturally lead to increased and healthier consumption, stimulating the economy.
   Key Quote: “If you get paid weekly, you will spend money more carefully. I will change it to a weekly payment system.”

5. What is Huh Kyung-young’s vision for the future of Korea, particularly regarding its economic and social structure?
   Question: What is Huh Kyung-young’s overarching vision for the future of Korea, and how does he intend to transform its economic and social landscape?
   Answer: Huh Kyung-young envisions a Korea where all citizens are guaranteed a middle-class standard of living, free from financial worries. He aims to achieve this through his National Dividend and debt relief policies, coupled with reforms to the work and wage systems. His ultimate goal is to create a “paradise on earth” in Korea, where people can enjoy a life of abundance and stability, moving beyond the current state of “relative poverty” and political stagnation.
   Key Quote: “The Republic of Korea will become a paradise on earth with the National Dividend.”

6. What is Huh Kyung-young’s stance on the “Basic Income” policy proposed by other politicians?
   Question: How does Huh Kyung-young differentiate his National Dividend policy from the “Basic Income” proposals put forth by other political figures, and why does he believe his approach is superior?
   Answer: Huh Kyung-young strongly criticizes “Basic Income” as a “populist” and “communist” concept that is fundamentally flawed. basic income proposals typically offer insufficient amounts (tens of thousands of won) without a clear plan for funding, often leading to increased national debt. In contrast, his National Dividend is a substantial 1.5 million won per person (3 million per couple) and is funded by significant budget savings (70% of national expenses) and new revenue streams, making it a sustainable and impactful solution.
   Key Quote: “Basic income is a communist concept. It’s a trick. My National Dividend is 3 million won for a couple, and it’s funded by saving 70% of the national budget.”

7. How does Huh Kyung-young propose to fund his ambitious policies, beyond budget cuts?
   Question: Besides cutting national expenses, what other innovative methods does Huh Kyung-young propose to generate the massive funds needed for his National Dividend and other policies?
   Answer: Beyond saving 400 trillion won by reducing national expenses, Huh Kyung-young outlines several additional revenue streams. These include:
   Reforming the fine system: Replacing prison sentences for non-violent crimes with substantial fines, projected to generate 100 trillion won annually.
   Tax system integration: Simplifying and integrating 36 different tax categories, which would yield another 100 trillion won in efficiency gains.
   Preventing tax evasion: Cracking down on tax evasion and illicit financial flows, estimated to secure an additional 100 trillion won.
   Special business operators: Implementing policies related to 5 million special business operators, also expected to generate 100 trillion won.
   These measures, combined with quantitative easing, would provide ample funds for his policies.
   Key Quote: “If we change the fine system, 100 trillion won. If we change the tax system, 100 trillion won. If we prevent tax evasion, 100 trillion won. This is how I can secure the funds.”

Top 3 Recommended Questions:
What is Huh Kyung-young’s “National Dividend” policy and how does it address economic inequality in Korea?
How does Huh Kyung-young plan to eliminate household debt and stimulate the economy?
What is Huh Kyung-young’s perspective on traditional political parties and their approach to governance?

What is the core idea behind the “National Dividend” policy? It aims to transform Korea into a “Republic of Stockholders” where citizens, as shareholders, receive dividends from the national budget.

1. Introduction to the National Dividend Policy
   The National Revolutionary Party aims to achieve “middle-class-ism” by distributing a National Dividend to ensure everyone can live comfortably, distinguishing itself as the only policy-focused party in Korea.

1.1. Core Principles and Goals

1. The National Revolutionary Party is the only policy-focused party in Korea that aims to achieve “middle-class-ism” by distributing a National Dividend, ensuring everyone can live comfortably.

2. The National Dividend policy plans to save 70% of the massive national budget and secure funds through 33 major policies.

3. The party views citizens as shareholders who pay taxes, and the nation as a corporation that manages these taxes.

4. He urges voters to reject corrupt politicians and instead choose a new leader with sharp insight and a strong love for the people to manage the country’s future.

5. This shift in voting behavior is described as a “voting revolution” that will save South Korea from its current crisis.

6. Current National Crisis and Political Landscape
   The nation is currently in a state of crisis, with political infighting hindering economic progress and causing public frustration.

2.1. Political Division and Public Frustration

1. He expresses concern that the ongoing conflict between political factions is harming the national and household economies.

2. He is frustrated by politicians who threaten to imprison former presidents and engage in constant infighting, making him question why he should help the nation.

3. Despite this frustration, Mr. Huh feels compelled to run for president again due to the public’s suffering and the need to end the cycle of political revenge.

4. The National Dividend Policy and Economic Reform
   The National Dividend policy aims to transform South Korea into a “Republic of Stockholders” by providing citizens with regular dividends and addressing household debt.

3.1. Policy Overview

1. The party’s primary policy is to provide a National Dividend of 3 million won per couple.

2. The party was initially named the “National Revolutionary Dividend Party” but shortened it to the “National Revolutionary Party” due to its length.

3. the party’s name still implies the distribution of dividends.

4. Economic Challenges and Proposed Solutions
   He highlights the decline in living standards and the struggles of ordinary citizens, proposing radical economic reforms to address these issues.

4.1. Decline in Living Standards

1. In the 1970s and 80s, owning a car like a Pony or a two-story house was a symbol of wealth and happiness.
2. However, today, driving a Pony car would make one seem like they are running away from debt, reflecting a significant change in public perception and economic status.
3. Despite South Korea becoming the 10th largest economy globally, the average person struggles to save money or buy a house.
4. Many people, especially women, find that their salaries are barely enough to cover basic expenses like cosmetics, making it difficult to save or spend on other things.

4.2. Household Debt Crisis

1. A significant portion of people’s income goes towards interest payments to banks, leading to a cycle where money is received but quickly leaves.
2. The annual household debt interest payments amount to 100 trillion won, with total household debt reaching 2,000 trillion won, equivalent to the country’s GDP.
3. While the national debt is relatively low compared to other OECD countries, the private debt, especially household debt, is alarmingly high, reaching 100% of GDP.
4. When interest rates are raised, household debt stops growing but doesn’t decrease, indicating that bank money isn’t circulating effectively.
5. When interest rates are lowered, banks control loans, making it difficult for households to get money, even if interest rates are slightly lower.
6. This situation forces people to turn to private loan sharks, where interest rates are higher, creating a cycle where lower bank rates lead to higher private loan rates.
7. He expresses concern about the hidden private debt that is not included in the official 2,000 trillion won household debt statistics.

4.3. Historical Precedent: Park Chung-hee’s Reforms

1. President Park Chung-hee addressed a similar crisis by freezing private loans and implementing currency reform.
2. This move canceled all private loan interest and principal, leading to the bankruptcy of loan sharks but freeing citizens from debt.
3. Currency reform devalued money, for example, making 100 million won worth 10 million won, which helped stabilize the economy.
4. These financial reforms allowed people in the 1960s and 70s to buy homes and improve their living standards.

4.4. Proposed Solutions: Debt Relief and Currency Reform

1. He proposes a “currency change” (not reform) to quietly reorganize underground funds and eliminate 2,000 trillion won in national debt.

2. This would increase the national debt by 20-30% but eliminate individual debt, which is currently crippling citizens.

3. He plans to eliminate private loans by having the government pay them off.

4. Additionally, each person aged 18 and older would receive 100 million won to clear household debt, with any remaining money returned to them after bank loans are settled.

5. National Dividend and Lifestyle Changes
   The National Dividend policy aims to create a society where citizens are automatically part of the middle class, with improved work-life balance and smarter spending habits.

5.1. Financial Benefits and Work-Life Balance

1. The National Dividend would provide 1.5 million won per person aged 18 and older, meaning a couple would receive 3 million won, and a family of four would receive 6 million won.
2. This income would be in addition to regular salaries, making everyone automatically part of the middle class and eliminating financial worries.
3. He proposes changing the five-day work week to a four-day work week, allowing families more leisure time and encouraging healthy spending.
4. This would boost the economy through increased consumption, as people would have more time to spend their money.

5.2. Reforming Payment Systems

1. He suggests replacing monthly salaries with weekly or bi-weekly payments.

2. This change would help people manage their money more effectively, as they would spend smaller amounts more frequently rather than splurging once a month.

3. Weekly payments would encourage more thoughtful spending and planning, similar to how children manage their allowances better when given weekly instead of monthly.

4. This reform aims to stabilize the market by ensuring a continuous flow of money rather than monthly spikes and drops in consumption.

5. Addressing Poverty and Economic Disparities
   He discusses the evolution of poverty in Korea, from traditional to absolute to relative, and emphasizes the need for leadership to address current economic disparities.

6.1. Evolution of Poverty in Korea

1. Korea has moved from traditional poverty (Joseon Dynasty, self-sufficient farming, community support) to absolute poverty (post-Korean War, widespread destruction, starvation).
2. Currently, Korea faces relative poverty, where people feel poor compared to others despite having some wealth, leading to feelings of inadequacy.
3. He believes that a leader is needed to solve this issue.

6.2. The Need for a Leader to Address Poverty

1. a nation that was once poor should now be rich, but the current economic struggles indicate political mismanagement.

2. the National Dividend policy is the solution to these economic problems.

3. Critiquing Basic Income vs. National Dividend
   He contrasts his National Dividend policy with the Basic Income proposals from other politicians, arguing that his approach is more sustainable and aligned with a capitalist society.

7.1. National Dividend vs. Basic Income

1. He proposes returning 400 trillion won of the 560 trillion won national budget to the citizens as a National Dividend, with 160 trillion won used for national operations.

2. current politicians and civil servants, who are like company employees, are taking too much of the national income, whereas citizens, as shareholders, should receive a larger share.

3. He criticizes the Basic Income proposals from other parties, calling them a “misguided idea” and a form of communism where the state gives money.

4. Basic Income proposals, which offer only tens of thousands of won without budget cuts, are mere populism and do not genuinely solve people’s problems.

5. In contrast, his National Dividend policy is based on saving 70% of the budget (400 trillion won).

6. He claims to be the “original master” of all policies in South Korea, implying that other politicians are merely copying his ideas.

7. He criticizes these “fake originals” for misleading the public with superficial policies.

8. Basic Income violates the spirit of the constitution, tax justice, and capitalism, as it gives money to those who do not work.

9. He warns that such policies would lead to increased national debt.

10. Leadership and Policy Implementation
    He outlines his vision for leadership, emphasizing immediate policy implementation, financial responsibility, and a focus on public service.

8.1. Leadership and Financial Responsibility

1. He pledges to not receive a salary as president and to use his own money for official expenses, thereby reducing the national budget.
2. He proposes eliminating salaries for national assembly members, mayors, and other local officials, encouraging them to serve voluntarily, especially those who are retired and already receive pensions.
3. He views the Basic Income as a waste of money.

8.2. Immediate Policy Implementation

1. He promises to implement the National Dividend and debt relief policies immediately upon becoming president.
2. This includes giving 100 million won to every citizen aged 18 and older to clear household debt, with any remaining funds returned to them.
3. He also pledges to freeze and pay off all private loans, ensuring that citizens have no outgoing money and stimulating the economy through increased consumption.
4. his policies will prevent money from flowing into underground private loan markets and financial institutions, instead directing it towards public spending.

8.3. The “Original Master” of Policies

1. He reiterates his claim as the “original master” of all policies in Korea, having developed comprehensive plans for 30 years, including detailed designs for government buildings and even cartoons.

2. He criticizes other politicians for plagiarizing his ideas.

3. Public Perception and Support
   He notes a shift in public perception, with more people recognizing the value of his policies and supporting his vision.

9.1. Changing Public Opinion

1. He observes that many intellectuals and educated people now acknowledge that other politicians are adopting his ideas.

2. He shares an anecdote about a professor who initially dismissed him but later expressed strong support, recognizing the validity of his policies.

3. This indicates a growing change in public opinion, even among the upper classes.

4. Core Ideology: Middle-Class-ism and Constitutional Reform
   He defines his political ideology as “middle-class-ism” and proposes a constitutional amendment to guarantee a National Dividend for all citizens.

10.1. Middle-Class-ism and Constitutional Amendment

1. He identifies his ideology as “middle-class-ism” (중산주의), aiming to ensure all Korean citizens are part of the middle class.

2. He proposes amending the constitution to replace Article 1, which states “The Republic of Korea is a democratic republic,” with a new Article 2: “Every citizen of the Republic of Korea aged 18 and older shall receive a National Dividend of 1.5 million won, guaranteeing their middle-class status.”.

3. his policies are the “original master” and have been developed over 30 years.

4. Funding the National Dividend
   He details how the National Dividend will be funded through various budget savings and revenue generation strategies.

11.1. Revenue Generation and Budget Savings

1. The National Dividend will be funded by 400 trillion won from budget savings, plus additional revenue from four key areas.
2. Fine System Reform: Replacing prison sentences for minor offenses with fines would generate 100 trillion won annually.
3. Tax System Integration: Consolidating 36 different tax categories would generate another 100 trillion won.
4. Special Business Operators: Implementing policies for 5 million special business operators would generate an additional 100 trillion won.
5. Tax Evasion Prevention: Preventing tax evasion and addressing fraudulent VAT would secure another 100 trillion won.
6. These measures would generate 800 trillion won annually, leaving a surplus of 300 trillion won even after distributing the National Dividend.

11.2. Eliminating Wasteful Spending

1. He identifies wasteful spending in areas like the gender equality budget (35 trillion won) and the low birth rate budget (45 trillion won), totaling 80 trillion won annually.

2. He points out that despite 45 trillion won being spent on the low birth rate, the problem has not been solved.

3. Addressing the Low Birth Rate Crisis
   He highlights the low birth rate as a critical national issue and proposes his policies as the solution, referencing a past campaign song.

12.1. Low Birth Rate as a “Spirit of the Times”

1. A 26-year-old spokesperson for the People Power Party identified the low birth rate as the “spirit of the times,” even more so than fairness.
2. This spokesperson expressed concern that South Korea might disappear in the future due to the declining birth rate.
3. He notes that his policies, which were once ridiculed, are now seen as the appropriate solution.

12.2. Campaign Song and Policy Promotion

1. He refers to a campaign song he created 30 years ago, which promised 30 million won for marriage and 30 million won for childbirth.

2. This song was broadcast on MBC during his presidential campaign and was considered a highly effective campaign tool.

3. The song’s lyrics were later adapted to promise 100 million won for marriage and 30 million won for childbirth.

4. Campaign Strategies and Public Engagement
   He discusses his past and future campaign strategies, emphasizing the use of engaging and memorable content to connect with the public.

13.1. Effective Campaign Advertising

1. He showcases a past TV commercial that used a catchy song and engaging visuals, including a scene at Panmunjom, to promote his policies.

2. This commercial was highly effective, even being discussed by members of the Democratic Party.

3. He plans to reuse and update this campaign song in future elections, believing it will resonate with the public and remind them of his “original” policies.

4. He intends to use actors and film in public places like Myeongdong to create a lively and impactful campaign.

5. his campaigns focus on hope and celebration through policies, rather than mutual criticism.

6. Immediate Implementation and Political Obstacles
   He reiterates his commitment to immediate policy implementation and outlines how he would overcome political resistance.

14.1. Immediate Policy Implementation

1. He reaffirms that the 400 trillion won from budget savings, along with additional funds from fines, taxes, special businesses, and tax evasion prevention, will be used to provide the National Dividend.
2. the quantitative easing of 2,000 trillion won, which provides 100 million won to every citizen aged 18 and older, will be implemented immediately upon his election.
3. The National Dividend of 1.5 million won per person will also be distributed starting the month he is elected.

14.2. Overcoming Political Obstacles

1. He acknowledges that current National Assembly members might resist his policies.

2. He proposes sending them to “mental education” and establishing a temporary National Assembly of 100 members to push through his reforms.

3. Personal Experiences with Poverty and Hardship
   He shares his personal experiences with extreme poverty and hardship, emphasizing that these experiences have shaped his understanding of the public’s struggles.

15.1. Early Life Struggles

1. He describes his early life, where he had to “eat the wind” and sleep on the streets, reflecting extreme poverty.
2. He recounts studying under moonlight in a tent, without electricity, and selling his blood to pay for his education.
3. He often fainted due to malnutrition and exhaustion, and there was no one to help him in those desolate times.
4. He worked in a factory during the day and attended school at night, often going to class hungry and tired.

15.2. Dedication to Learning

1. Despite the hardships, he was a model student who excelled in his studies, constantly questioning teachers and even correcting their math problems.

2. His teachers recognized his dedication, with some even admitting that he motivated them to study harder.

3. He believes that those who experience hardship first and then achieve success truly appreciate it.

4. The “Original Master” and Public Recognition
   He reiterates his role as the “original master” of policies and emphasizes the importance of public recognition for his vision.

16.1. Unrecognized Genius

1. He laments that despite his early struggles and the wisdom gained, the public still fails to recognize him as the “original master” of policies.
2. He urges people to call him the “original master” from now on, as he is the originator of all policies in South Korea.

16.2. The “Original Grandfather” of Policies

1. he is the “original master” or “founder” of policies, and others are merely copying him.

2. He uses the analogy of an “original grandfather” or “original grandmother” to emphasize his pioneering role.

3. The Philosophy of “Saeongjimah” and “Jeonhwawibok”
   He uses the ancient Chinese proverb “Saeongjimah” (塞翁之馬) to illustrate how misfortune can turn into a blessing, and vice versa, applying it to his political journey.

17.1. The Story of Saeongjimah

1. He recounts the story of an old man whose horse ran away, then returned with a wild mare, bringing joy.
2. His son broke his leg riding the new horse, causing sorrow.
3. However, when war broke out, all able-bodied young men were conscripted and died, but the old man’s son was spared due to his injury.
4. The son, being the only young man left, married many women and had numerous children, ensuring the family’s lineage.
5. This illustrates how what seemed like a misfortune (the son’s broken leg) ultimately became a blessing (saving his life and continuing the family line).

17.2. “Jeonhwawibok” and “Chiljeonpalgi”

1. He connects the story to the concept of “Jeonhwawibok” (轉禍爲福), meaning “turning misfortune into a blessing”.

2. He also relates it to “Chiljeonpalgi” (七顚八起), meaning “seven falls, eight rises,” or “never say die”.

3. He suggests that the old man’s wife, who was initially blamed for the horse’s escape, ultimately became a hero for saving their son’s life and lineage.

4. This analogy implies that his own political struggles and initial lack of recognition will eventually lead to a great triumph for the nation.

5. External Support and Validation
   He highlights the growing support from various individuals, including a pastor, who recognize his unique abilities and policies.

18.1. Endorsement from Pastor Elijah Kim

1. He mentions that many YouTubers praise him, including Pastor Elijah Kim, who frequently discusses his ideas.

2. Pastor Kim emphasizes that Korea’s problem is not a lack of money but rather its misallocation.

3. Pastor Kim states that His policies, such as the National Dividend, would transform Korea into a “Republic of Stockholders”.

4. Pastor Kim criticizes other politicians for their infighting and lack of genuine solutions, seeing Mr. Huh as the only viable alternative.

5. Pastor Kim believes Mr. Huh possesses exceptional intelligence (IQ 430) and a deep understanding of history and global affairs, making him uniquely qualified to lead.

6. Pastor Kim expresses frustration that people fail to recognize His true potential, focusing instead on superficial aspects.

7. Pastor Kim addresses the concern that a National Dividend would discourage people from working, arguing that 3 million won per couple is a reasonable amount to stabilize household finances, not to replace work.

8. The “Sam-Sam Policy” and True Leadership
   He introduces his “Sam-Sam Policy” as the ultimate solution and defines true leadership as selfless dedication to the nation’s well-being.

19.1. The “Sam-Sam Policy”

1. He introduces his “Sam-Sam Policy” (삼삼 정책) as the “original master’s” ultimate solution, implying it offers comprehensive benefits.
2. He suggests that this policy will address all public needs.

19.2. True Leadership: Inner and Outer Poverty

1. He defines true leadership as having “inner and outer poverty” (내외빈), meaning both the leader’s words and actions are genuinely focused on the people’s well-being, without personal greed or ambition.

2. He criticizes politicians who pretend to care for the public while secretly pursuing power struggles, calling them “wolves in sheep’s clothing”.

3. such politicians engage in “revenge politics,” where each new administration seeks to imprison the previous one, a cycle that the public is tired of.

4. A true leader, must be “clean and poor” (청렴청빈), meaning they are incorruptible and dedicated to public service, not personal gain.

5. He criticizes the National Assembly for becoming a place of power struggles rather than serving the people.

6. Final Call to Action and Vision for Korea
   He urges the public to choose a leader who can bring about genuine change and solve the nation’s pressing issues, particularly the low birth rate and youth unemployment.

20.1. A Call for Change

1. He calls for an end to political infighting and urges the public to “come to their senses” and choose a leader who genuinely cares.
2. he does not criticize individuals but rather the system.
3. South Korea is a “corporation” that should distribute National Dividends to its citizens, rather than having politicians and civil servants consume all the tax revenue.
4. He encourages the public to remember his campaign song about marriage and childbirth incentives.

20.2. Addressing Youth Unemployment and Poverty

1. He highlights the low birth rate as the most critical “spirit of the times,” even more so than fairness.
2. He proposes that his policies, such as providing 300 million won for marriage and 50 million won for childbirth, would encourage people to marry and have children, solving the low birth rate crisis.
3. He describes the dire situation of young graduates who struggle to find jobs and end up in difficult manual labor, like selling fish at a market, despite their education.
4. the National Dividend would solve these problems, including medical expenses and preventing young people from becoming credit defaulters due to student loans.
5. He concludes by emphasizing the need for a leader with “inner and outer poverty” who truly understands and addresses the people’s suffering.

1. The National Dividend System: A Vision for Economic Equity

The National Revolutionary Party, transcending conventional political ideologies, aims to establish a middle-class-centric society where prosperity is equitably distributed through the implementation of a National Dividend System. This system is projected to achieve substantial savings, reducing the national budget by 70%, with its funding secured through 33 comprehensive policies. The party conceptualizes the nation as a corporation and its tax-paying citizens as its shareholders.

For too long, citizens have been swayed by the empty promises of established politicians. The imperative now is a voting revolution, electing a new leader with profound insight into the future and an unwavering dedication to the populace, capable of steering the nation away from corruption.

2. Addressing the Crisis of Household Debt and Economic Stagnation
   Our nation currently faces a precarious situation. The persistent ideological conflicts between political factions have demonstrably hindered the economic well-being of households and the nation as a whole. The current political landscape, characterized by adversarial rhetoric and the cyclical imprisonment of former presidents, is deeply disheartening. It is this profound concern for the suffering of the people that compels me to seek the presidency.

The National Dividend System is a cornerstone of our platform. While initially named the “National Revolutionary Dividend Party,” the name was shortened to the “National Revolutionary Party”. Our primary policy is to provide a monthly dividend of 3 million Korean Won to each couple.

The economic landscape has drastically changed. In the 1970s and 80s, owning a Pony car or a two-story house was a symbol of prosperity and happiness. Today, such possessions no longer signify wealth; rather, they might suggest financial hardship. Despite South Korea’s rise to become one of the world’s top 10 economies, the average citizen struggles to save or purchase a home. Many find that their salaries barely cover essential expenses, with a significant portion flowing into interest payments to banks.

The scale of household debt is staggering, reaching approximately 2,000 trillion Korean Won, equivalent to our Gross Domestic Product (GDP). This figure has risen from 97% to 100% of GDP. Attempts to control this through interest rate adjustments have proven ineffective for ordinary citizens. When banks lower interest rates, the increased demand for loans from corporations makes it harder for households to secure funds, pushing them towards high-interest private loans. This hidden private debt is a significant concern, as it is not reflected in official statistics.

3. Historical Precedents and Proposed Financial Reforms
   Historically, President Park Chung-hee implemented drastic measures to address similar financial crises. Faced with a lack of funds in Korean banks, he secured loans from Germany after being rejected by the United States. Recognizing the pervasive use of private loans by businesses, he froze all private debt, effectively nullifying it. This led to the collapse of many private lenders but freed citizens from debt, stimulating consumption and economic growth. He also undertook a currency reform, revaluing the currency to stabilize the economy. These financial overhauls in the 1960s and 70s enabled many to purchase homes and improve their livelihoods.

Today, many young people face bleak prospects, struggling to find employment due to systemic economic issues. My party proposed solutions to these problems 30 years ago, including currency reform (not just revaluation, but a fundamental change) and the quiet elimination of underground funds. We also aim to nullify the 2,000 trillion Korean Won of national debt. While South Korea’s national debt-to-GDP ratio is relatively low compared to OECD countries like Japan, the burden of private debt on individuals is crushing. The rising real estate prices have exacerbated this, with banks primarily lending to property owners and speculators, leaving ordinary citizens with no access to legitimate loans and forcing them into private lending.

Upon becoming president, I will implement a zero-tolerance policy for private loans, with the state assuming and repaying these debts. For household debt, each citizen aged 18 and above will receive 100 million Korean Won, with families of five receiving 500 million Korean Won, to clear their debts. Any remaining funds after debt repayment will be returned to the individuals. This will effectively eliminate household debt.

4. The National Dividend and Economic Revitalization
   With the National Dividend System, each individual aged 18 and above will receive 1.5 million Korean Won monthly. A couple would receive 3 million Korean Won, and a family with two children would receive 6 million Korean Won, while a family with four children would receive 9 million Korean Won. This income is in addition to regular salaries, ensuring that everyone automatically becomes part of the middle class, free from financial worries.

To further enhance quality of life and stimulate consumption, we will transition from a five-day work week to a four-day work week. This will provide families with more leisure time, encouraging healthy consumption patterns. Additionally, the monthly salary system will be replaced with weekly or bi-weekly payments. This frequent payment schedule will prevent money from being tied up, promoting more consistent and planned spending, similar to how children manage their allowances when given weekly instead of monthly.

5. Understanding Poverty: From Traditional to Relative
   We no longer face absolute poverty, which was prevalent in the past. Instead, we grapple with relative poverty, where individuals feel deprived compared to others, even if they are not in absolute destitution. This follows a historical progression from traditional poverty (e.g., Joseon Dynasty, where people lived off farming and communal sharing) to absolute poverty (e.g., post-Korean War, where survival was a daily struggle). Now, in an era of relative poverty, people feel inadequate due to comparisons, even with some possessions.

A true leader must address this. Having experienced hardship first, and then achieving prosperity, is the mark of true wealth. Our nation, having endured traditional and absolute poverty, should now be prosperous, but many still struggle, indicating political mismanagement.

6. Distinguishing National Dividend from Basic Income
   The National Dividend System proposes returning approximately 400 trillion Korean Won of the annual 560 trillion Korean Won in tax revenue to the citizens, with 160 trillion Korean Won allocated for national operations. This is akin to a corporation where employees (politicians and civil servants) should not consume the majority of the company’s revenue, while shareholders (citizens) receive minimal returns.

In contrast, the Basic Income System advocated by other parties is fundamentally flawed. It is a concept rooted in communist states, where the government provides for its citizens. While the National Dividend System is funded by a 70% reduction in national expenditure, basic income proposals often lack a clear funding source, making them populist measures. Offering a mere few hundred thousand Korean Won as basic income, compared to the 3 million Korean Won proposed by my party, is a superficial gesture.

My policies are the original blueprint for all major policies in South Korea. Other politicians merely imitate and distort these ideas, much like a restaurant falsely claiming to be the “original”. The Basic Income System, in particular, violates the spirit of our constitution, tax justice, and capitalism, which values competition and rewards effort. Such populist spending only increases national debt.

7. Fiscal Responsibility and Leadership
   As president, I would not accept a salary or official expenses, instead using my own funds. We would eliminate salaries for National Assembly members, mayors, and other local officials, expecting them to serve the nation out of public spirit, especially those who are retired and already receive pensions. The current basic income proposals are a waste of public funds.

My administration would implement the National Dividend System immediately upon election. Each person aged 18 and above would receive 100 million Korean Won to clear household debt, funded by quantitative easing (printing money). Private loans would be frozen and repaid by the state. This would free up money for consumption, revitalizing the economy, which is currently stifled by funds flowing into underground markets and financial institutions.

I am the original source of these policies, having developed them over 30 years. My vision is to transform South Korea into a middle-class-centric society, where all citizens are guaranteed a middle-class life. This would involve amending the constitution to include a clause guaranteeing a monthly National Dividend of 1.5 million Korean Won to every citizen aged 18 and above.

8. Funding the National Dividend: A Multi-pronged Approach
   The 400 trillion Korean Won for the National Dividend is just one part of the funding. Additional funds would come from:
   Reforming the penal system: Replacing prison sentences for minor offenses with fines would generate 100 trillion Korean Won annually.
   Consolidating the tax system: Streamlining 36 different tax categories would yield another 100 trillion Korean Won.
   Addressing tax evasion: Preventing tax evasion and other illicit financial activities would secure another 100 trillion Korean Won.
   Special business operators: Implementing policies for 5 million special business operators would generate another 100 trillion Korean Won.

These measures, combined with the 400 trillion Korean Won saved from reducing national expenditure, would provide over 800 trillion Korean Won annually. This substantial sum would not only cover the National Dividend but also leave hundreds of trillions of Korean Won for other national needs.

Currently, vast sums are wasted on ineffective programs, such as the 35 trillion Korean Won for gender equality initiatives and 45 trillion Korean Won for low birth rate policies, totaling 80 trillion Korean Won annually. Despite these expenditures, the low birth rate issue persists. A recent debate highlighted that the most pressing issue for South Korea is not abstract concepts like fairness, but the declining birth rate. My policies, which include providing 100 million Korean Won for marriage and 30 million Korean Won for childbirth, were proposed 30 years ago and are the true solution.

9. Immediate Implementation and Overcoming Political Obstacles
   Upon my election, the policy of providing 100 million Korean Won to each citizen aged 18 and above will be implemented immediately. The monthly National Dividend of 1.5 million Korean Won will also commence in the month of my inauguration. To overcome potential resistance from the National Assembly, I would consider it a mandate from the people and establish a temporary assembly of 100 members to push through these reforms.

The current living conditions for many citizens are dire, akin to sleeping on the streets and eating wind. I understand this hardship from personal experience, having studied under difficult circumstances, even selling blood to afford education. This principle of “suffering first, then joy” is crucial. Our nation has suffered, and now it is time for prosperity.

10. The Wisdom of “Saeongjimah” and the Need for True Leadership
    The ancient Chinese proverb, “Saeongjimah” (塞翁之馬), illustrates that misfortune can turn into fortune, and vice versa. This concept of “turning misfortune into a blessing” (轉禍爲福) is what we need. It is akin to “seven falls, eight rises” (七顚八起), where persistent effort eventually leads to success.

Many are now recognizing the validity of my policies, even those who once dismissed me. A pastor named Elijah Kim, for instance, strongly advocates for my vision, recognizing that the nation’s financial problems stem not from a lack of money, but from mismanagement. the National Dividend is not merely basic income or disaster relief, but a system where citizens, as shareholders of the national corporation, receive their rightful dividends.

11. The “Three-Three Policy” and the Call for Authentic Leadership
    My “Three-Three Policy” (삼삼 정책) is the original blueprint for national prosperity. True leaders must possess “inner and outer integrity” (內外貧), meaning their words and actions align with their genuine concern for the people’s well-being, not personal power. The current political landscape is plagued by leaders who prioritize power struggles over the welfare of the nation.

South Korea is a corporation that should distribute dividends to its shareholders—the citizens. Instead, tax revenues are consumed by politicians and civil servants, leaving citizens to struggle. My policies, such as providing 300 million Korean Won for marriage and 50 million Korean Won for childbirth, are designed to revitalize the family economy. The current generation faces immense challenges, with many highly educated young people struggling to find decent jobs, even resorting to difficult manual labor. The National Dividend System will address these issues, ensuring that young people are not burdened by student loan debt or lack of access to healthcare.

A leader with “inner and outer integrity” is essential to guide the nation.

This excerpt is from a 2021 Saturday lecture by Huh Kyung-young, leader of the National Revolutionary Party, titled “Republic of Korea Inc. and National Dividend.” In this lecture, Huh Kyung-young outlines his core policy of “National Dividend” and criticizes existing political parties’ “basic income” policies. He also shares his unique perspective on the Korean economy and society, emphasizing his role as the “original creator” of these policies.

Huh Kyung-young’s Core Philosophy and Policies

The Republic of Korea as a “Joint-Stock Company”
Huh Kyung-young views the nation as a company and its citizens as shareholders. This perspective underpins his “National Dividend” policy, which aims to return a significant portion of the national budget to the people. It’s a bold reframing of the relationship between the government and its citizens.

우리나라는 이제 누란의 위기에 있습니다.
Our country is now in a state of crisis.

국가경영당은 5박 꼬박 세금을 내고 있는 국민은 주주이고, 그 세금을 관리하는 국가는 주식회사라는 개념입니다.
The National Revolutionary Party’s concept is that citizens who pay taxes are shareholders, and the state that manages those taxes is a joint-stock company.

국민 배당금, 혈세를 연간 560조를 가지고 400조 정도는 국민에게 돌려줘야 돼요.
With the national tax revenue of 560 trillion won annually, about 400 trillion won should be returned to the people as a national dividend.

이게 회사로 치면은 160조로서는 국가 운영에서는 이 국회의원들과 공무원들은 뭐에 속해요? 회사 지분이에요.
If this were a company, the 160 trillion won for national operations, what do these National Assembly members and public officials belong to? They are company staff.

“National Dividend” vs. “Basic Income”
Huh Kyung-young sharply distinguishes his “National Dividend” from the “Basic Income” policies proposed by other politicians. basic income is a populist measure that doesn’t address the root causes of economic hardship and is merely a “copycat” of his original ideas. His emphasis on fiscal responsibility and eliminating waste to fund the dividend is a key differentiator.

그런데 지금 여다 야당에서 주장하는 기본소득제, 그 기본소득이라는 건 잘못된 이야기예요.
But the basic income system that the ruling and opposition parties are currently advocating, that basic income is a wrong idea.

아니, 국민 배당금과 아니 기본소득제라는 이 자체는 이게 뭡니까? 이거는 공산주의 국가에서 대가 주는 걸 말해요.
No, the National Dividend and this basic income system itself, what is this? This refers to what is given by the state in a communist country.

굉장히 사람들은 예산은 그대로 두고 이걸 주게 때, 그 돈이 어디서 나와요? 그게 포포리 즈 미 야, 기본소득을 주게 때.
People say they will give this (basic income) while keeping the budget as is, where does that money come from? That’s populism, saying they’ll give basic income.

허경영이 뭡니까? 허경영이가 모든 정책의, 뭐 아 요, 정책의 원조 맛집 이야, 원조 맛집.
What is Huh Kyung-young? Huh Kyung-young is the original restaurant for all policies, the original restaurant.

Economic Diagnosis and Solutions
Huh Kyung-young offers a critical analysis of Korea’s economic problems, particularly the soaring household debt and the struggles of ordinary citizens. He proposes radical solutions like debt cancellation, monetary reform, and changing payment cycles (weekly/bi-weekly wages) to stimulate consumption and create a “middle-class society.” His proposals are unconventional and aim to fundamentally restructure the economy.

지금 어떤지 알아요? 지금 우리 국민들이 대부분 저축하고 집 사고 이런 게 그리 쉽지 않아요.
Do you know what it’s like now? Most of our citizens find saving money and buying a house not that easy.

가계부채가 우리 GDP 대비 100%예요.
Our household debt is 100% of our GDP.

그래서 나는 대통령이 되면은 사채 제로로 해준다.
if I become president, I will make private loans zero.

그 다음에 이 천적 가계부채는 1인당 18세부터 1억씩 주어지고 5씩 5, 20, 3, 18세 이상 식구가 다섯 명이면 녹이 생기기 마산만 그 각각의 붙였다 정리 하락의.
Next, for household debt, 100 million won will be given to each person aged 18 and over, and if there are five family members aged 18 or older, that amount will be used to clear their respective debts.

매주 주급이나 15일 급.
Weekly or bi-weekly wages.

그래서 월급이 한 달에 두 번 나와.
wages come twice a month.

그래서 국민 배당금은 한 달에 한 번 나와.
the National Dividend comes once a month.

Leadership and Political Reform
Huh Kyung-young is highly critical of traditional politicians, accusing them of corruption, infighting, and lacking genuine concern for the people. He positions himself as a prepared and visionary leader who will end “revenge politics” and focus solely on the welfare of the nation. His call for a “voting revolution” and his self-proclaimed status as the “original restaurant” of policies highlight his belief in his unique qualifications.

따라서 대세는 부패한 기성 정치인을 완전히 배제하고, 미래를 정확하게 예측하는 뛰어난 통찰력으로 국가를 경영할, 애민 정신이 투철한 새로운 인물에게 투표해야 합니다.
Therefore, the trend is to completely exclude corrupt established politicians and vote for a new figure with a strong spirit of loving the people, who will manage the country with outstanding insight that accurately predicts the future.

그런 꼴들을 보면 대한민국 국민들이 거기에 놀아나는 걸 보면 고생을 축도로 해도 싸다고 생각하기 때문에 내가 왜 도와야 되는가, 내가 왜 세계를 통일해야 되는가, 참 한심하기 그지없습니다.
When I see such situations and how the Korean people are being played by them, I think they deserve all the suffering, so why should I help, why should I unify the world, it’s truly pathetic.

아니, 이 사람들은 양 대가리 걸어놓고 뭐 한다고요? 계곡이 판다 그랬죠.
No, these people put up a lamb’s head and what do they do? They sell dog meat.

국회의원들 올라가는 거 없애버려.
Abolish the increase for National Assembly members.

시, 시장 월급 전부 없어.
All city and mayor salaries will be gone.

국민을 위한 다 해놓고 실제로는 권력 싸움 하고 있는 거예요.
They claim to be for the people, but in reality, they are fighting for power.

일본 정권 바뀌고 나서 재패 가는 사람 안 나.
After the change of government in Japan, no one goes to jail.

The “Original Restaurant” of Policies
Huh Kyung-young repeatedly asserts that he is the “original creator” of all significant policies in Korea, claiming that other politicians merely plagiarize his ideas. This self-aggrandizing narrative is a central part of his persona, emphasizing his foresight and intellectual leadership. He even uses a jingle from his past campaigns to illustrate his long-standing commitment to these ideas.

허경영이 뭡니까? 허경영이가 모든 정책의, 뭐 아 요, 정책의 원조 맛집 이야, 원조 맛집.
What is Huh Kyung-young? Huh Kyung-young is the original restaurant for all policies, the original restaurant.

그래 우리는 내가 진짜 맛집이 줘.
we are the real original restaurant.

그 원조를 만든 자는 30년을 어려서부터 평생을 나라를 대통령이 돼서 한번 펼친다고 그림까지 다 그려놨어.
The one who created that original (policy) has spent 30 years, from childhood, planning to implement it as president, even drawing pictures.

500명을 원조 맛집 허경영을 못 알아보는 거야.
They can’t recognize Huh Kyung-young, the original restaurant.

This excerpt note captures the core ideas from a lecture by Huh Kyung-young, a South Korean politician known for his unconventional and bold policy proposals. The lecture, titled “Republic of Korea Inc. and National Dividend,” outlines his vision for transforming the nation into a “heaven on earth” through radical economic and political reforms. He emphasizes the concept of the nation as a corporation where citizens are shareholders entitled to dividends, contrasting his “National Dividend” policy with the “Basic Income” proposed by other politicians. The note highlights his unique perspective on economic issues, his critique of traditional politics, and his self-proclaimed role as the “original source” of all effective policies.

Huh Kyung-young’s Vision for Korea

Korea as a Corporation and Citizens as Shareholders
It’s impressive how Huh Kyung-young reframes the entire concept of a nation. He doesn’t just talk about citizens and government; he uses the clear, relatable analogy of a corporation and shareholders. This immediately makes his “National Dividend” policy sound like a logical, almost overdue, return on investment for the people. It’s a powerful way to argue that citizens aren’t just taxpayers, but owners who deserve a share of the national wealth. This perspective challenges the traditional view of government spending as a handout, instead presenting it as a rightful distribution of profits.

우리 국민들은 지금까지 기성 정치인들의 달콤한 말에 속아 왔습니다.
Our citizens have been deceived by the sweet words of established politicians until now.

국가경영당은 5박 꼬박 세금을 내고 있는 국민은 주주이고, 그 세금을 관리하는 국가는 주식회사라는 개념입니다.
The National Revolutionary Party’s concept is that citizens, who diligently pay taxes, are shareholders, and the nation, which manages those taxes, is a corporation.

아니, 국민의 걸 회사 주주한테는 국민은 400조가 국민의 주주예요. 대한민국의 주주나 업무만 이사를 400조를 줘야 돼요.
No, for the company’s shareholders, the citizens, 400 trillion won is for the citizens as shareholders. The shareholders of the Republic of Korea should receive 400 trillion won.

Critique of Traditional Politics and “Basic Income”
Huh Kyung-young doesn’t pull punches when criticizing the political establishment. He sees their constant infighting and “revenge politics” as a drain on the nation, and he dismisses other politicians’ “Basic Income” proposals as mere imitations of his own ideas, lacking the fundamental financial restructuring he proposes. His claim to be the “original source” of all good policies is a bold assertion that positions him as a visionary, while simultaneously undermining his opponents. This contrarian stance is a key part of his appeal, as it speaks to public frustration with conventional politics.

그런 꼴들을 보면 대한민국 국민들이 거기에 놀아나는 걸 보면 고생을 축도로 해도 싸다고 생각하기 때문에 내가 왜 도와야 되는가, 내가 왜 세계를 통일해야 되는가, 참 한심하기 그지없습니다.
When I see the people of South Korea being played by such antics, I think they deserve all the suffering they get, so why should I help them? Why should I unify the world? It’s truly pathetic.

그런데 지금 여다 야당에서 주장하는 기본소득제, 그 기본소득이라는 건 잘못된 이야기예요.
But the basic income system that the ruling and opposition parties are currently advocating, that basic income is a mistaken idea.

아니, 국민 배당금과 아니 기본소득제라는 이 자체는 이게 뭡니까? 이거는 공산주의 국가에서 대가 주는 걸 말해요.
No, the National Dividend and the Basic Income system itself, what is this? This refers to what a communist state gives out.

허경영이 뭡니까? 허경영이가 모든 정책의, 뭐 아 요, 정책의 원조 맛집이야, 원조 맛집.
What is Huh Kyung-young? Huh Kyung-young is the original source, the “original restaurant” of all policies.

양 대가리 걸어놓고 실제 를 개고기를 파는 거야.
They hang a sheep’s head and actually sell dog meat.

이거 복수하려고 정치. 이제 복수 정치 그만두고 이제 우리 국민은 복수 정치보다 가지 지겨워지기 5.
This is politics for revenge. Now, let’s stop revenge politics; our citizens are tired of it.

Radical Economic Solutions and Social Reforms
Huh Kyung-young’s proposals are nothing short of revolutionary. From eliminating household debt and private loans to changing the payment cycle for wages and even reforming the justice system to prioritize fines over imprisonment, his ideas aim to fundamentally restructure the economy and society. The sheer scale and audacity of these proposals are striking, reflecting a belief that only drastic measures can solve Korea’s deep-seated problems. His focus on boosting consumption and ensuring a “middle-class guarantee” for all citizens reveals a populist approach aimed at broad economic empowerment.

지금 우리 국민들이 대부분 저축하고 집 사고 이런 게 그리 쉽지 않아요.
Nowadays, it’s not easy for most of our citizens to save money or buy a house.

왜 화상 폭 값도 안 돼. 여성들이 직장 다녀봐야 화장품 값, 가모 값 한번에 3억 없어.
Why? It’s not even enough for cosmetic surgery. Even if women work, they don’t have 300 million won for cosmetics and hair treatments at once.

년 가계부채가 전부 4천 7백조, 1804 샀더니 약 2천조의 6빵이에요.
The annual household debt is 4,700 trillion won in total, and when I bought it in 1804, it was about six times 2,000 trillion won.

그래서 우리는 이 사채 때문에 또 통계의 가계부채 2000조라는 이 통계에 들어있지 않는 부분이 걱정하고 있습니다.
we are concerned about the part that is not included in the 2,000 trillion won household debt statistics due to private loans.

박정희 대통령이 사채를 동결해 버려. 모든 이의 자필은 사채는 없는 걸로 해 줘.
President Park Chung-hee froze private loans. All handwritten private loans were to be considered non-existent.

이런 식으로 하면서 몇 번에 걸쳐서 금융을 뒤집어엎어서, 그 여파로 60년, 70년대 사람들이 집을 살 수 있었어요.
By doing this, the financial system was overturned several times, and as a result, people in the 60s and 70s were able to buy houses.

그리고 국가 부채 2000조 없는 걸 해주겠다는 거예요.
And I’m saying I’ll make the 2,000 trillion won national debt disappear.

그래서 나는 대통령이 되면은 사채 제로로 해준다. 사채에서는 사람 핵도 록 국가가 탕감되지. 그 사채 대신 갚아주는 거야.
when I become president, I will make private loans zero. The state will forgive those who have private loans. It will pay off those private loans instead.

그 다음에 이 천적 가계부채는 1인당 18세부터 1억씩 주어지고 5씩 5, 20, 3, 18세 이상 식구가 다섯 명이면 녹이 생기기 마산만 그 각각의 붙였다 정리 하락의.
Next, for this natural enemy, household debt, 100 million won will be given to each person aged 18 and over, and if there are five family members aged 18 or over, 500 million won will be generated, and each of those debts will be cleared.

그 여러분들은 약 자동 중산층이 야. 자동 중산, 돈 걱정하는 사람을 찾아볼 수 없어.
Then you will automatically be middle class. Automatically middle class, you won’t find anyone worrying about money.

언니, 주 4일 제면 4일이라고 3일 놀잖아. 그러면 가족끼리 돈을 써도 건전하게 가지.
Sister, if it’s a four-day work week, you work four days and play three. Then even if families spend money, it will be healthy.

그리고 월급제, 한 달에 한 달이라는 이 월급 제도를 없애 버려. 죽어 버려. 바꿔. 매주 주급이나 15일 급.
And the monthly salary system, this system of one month, abolish it. Kill it. Change it. To weekly or bi-weekly pay.

국민 배당금은 한 달에 한 번 나와. 국민 배당은 원료로 계산해 주는 데 여러분들의 급여는 앞으로 주급과 포럼 급으로 바꿔서 여러분들이 실질적으로 돈에 편리하게 소비를 좀 할 수 있도록 써야 될 되어 있는데 월급날까지 기다려야 하니까 이 소비가 이상설, 괴력, 뭉쳐 있다가 또 뭐 이렇게 나오고 이래요.
The National Dividend comes once a month. The National Dividend is calculated as a raw material, but your salaries will be changed to weekly and forum salaries so that you can actually spend money conveniently. However, because you have to wait until payday, this consumption is strangely, powerfully, accumulated and then comes out like this.

대한민국 국민을 전부 중산층으로 보장하겠다.
I will guarantee that all citizens of the Republic of Korea are middle class.

헌법 1조에 “대한민국은 민주공화국이다” 이거 빼버리고, 제 2조 뭐 넣는다고? “대한민국 국민은 누구나 18세부터 1인당 150만원씩 국민 배당금을 받음으로써 중산층을 보장한다.” 제 2조.
Article 1 of the Constitution, “The Republic of Korea is a democratic republic,” will be removed, and what will be put in Article 2? “All citizens of the Republic of Korea shall be guaranteed a middle-class status by receiving a national dividend of 1.5 million won per person from the age of 18.” Article 2.

벌금 제도 바꾸면 백조. 세금 제도 바꾸면 백조. 국회의원 보수 그런 거 하게 되면 400조가 남아.
If we change the fine system, 100 trillion won. If we change the tax system, 100 trillion won. If we eliminate parliamentary salaries, 400 trillion won remains.

그러면 연간 여러분한테 내가 줄 수 있는 돈이 800조 돌아서 맞죠.
Then the money I can give you annually is 800 trillion won.

국민 배당금 지고 뭐 여러분한테 줄 수 있는 거 다 줘도 돈이 엄청 맵 백조가 남아. 300조 정도 남아요.
Even if I give you the National Dividend and everything else I can, hundreds of trillions of won will still remain. About 300 trillion won will remain.

크게 다가 양적 완화를 2000조를 해가지고 국민 1인당 1억씩 18세부터 주는 것은 방송되는 즉시 시행하는 거예요.
In addition, 2,000 trillion won in quantitative easing will be implemented immediately upon broadcast, giving 100 million won to each citizen aged 18 and over.

The “Original Source” and Public Perception
Huh Kyung-young consistently portrays himself as the “original source” or “original restaurant” of all effective policies, implying that other politicians merely plagiarize his ideas. This self-aggrandizing narrative is designed to establish his intellectual authority and unique foresight. He also touches on the public’s changing perception of him, noting that those who once dismissed him as a “con artist” are now recognizing his insights. This shift in public opinion, he suggests, is a testament to the validity and timeliness of his long-held proposals.

허경영이 뭡니까? 허경영이가 모든 정책의, 뭐 아 요, 정책의 원조 맛집이야, 원조 맛집.
What is Huh Kyung-young? Huh Kyung-young is the original source, the “original restaurant” of all policies.

대한민국 모든 정책의 원조 맛집이 허경영이에요.
Huh Kyung-young is the original source of all policies in the Republic of Korea.

양 대가리 걸어놓고 실제 를 개고기를 파는 거야.
They hang a sheep’s head and actually sell dog meat.

내꺼 못 했다는 거죠.
They couldn’t do mine.

그래 우리는 내가 진짜 맛집이 줘. 그래 진짜 원조 맛집에 와서 밥 한번 먹어야지.
we are the real good restaurant. you should come and eat at the real good restaurant.

그 원조를 만든 자는 30년을 어려서부터 평생을 나라를 대통령이 돼서 한번 펼친다고 그림까지 다 그려놨어. 만화까지 그려놨어.
The one who created that original source has spent 30 years, from childhood, planning to become president and unfold the nation’s future, even drawing pictures and cartoons.

모든 게 준비된 대통령, 예정된 대통령.
A president who is fully prepared, a destined president.

30년을 정책을 완벽한 정책을 만들었는데 그걸 다 표절하기 시작했어.
I spent 30 years creating perfect policies, but they all started plagiarizing them.

아, 허경영 변명 또 하나 생겼다. 아, 맞자. 화학적 원조 맛집.
Ah, another excuse for Huh Kyung-young has emerged. right. The chemical original restaurant.

허경영 것다 서 하고 있다는 것. 누구 당에서 하고 있는.
That they are doing Huh Kyung-young’s things. Which party is doing it.

야, 난 옛날에 그 사람 아주 우습게 알았는데. 난 무조건 이번에 구상 찍을 거야.
“Hey, I used to think that person was ridiculous, but I’m definitely voting for that plan this time.”

난 이번에 그 사람 찍을 난다. 이러다 레 뭐 거짓말 하는게 아니고 실제 해요.
I’m going to vote for that person this time. This isn’t a lie; it’s real.

이 원조 맛집을 누가 차라고 할 수 있나? 그러니 원조 맛집이 원조가 몇 년 됐지? 30년, 33년 어려 됐죠.
Who can call this original restaurant a fake? how old is this original restaurant? It’s been 30, 33 years.

어, 태어나는데 호갱 0 같이 옛날에 일으킨다. 왜냐면 3의 그땐 아주 우습다는 거야. 아, 동물원 원숭이 줄 때 전부 저런 사람 있냐 이래 때요.
when he was born, he caused a stir like Huh Kyung-young in the old days. Because back then, it was very funny. They said, “Is there anyone like that when they give food to the zoo monkeys?”

그런데 500명을 원조 맛집 허경영을 못 알아보는 거야.
But 500 people can’t recognize Huh Kyung-young, the original restaurant.

오늘부터 먼저 맛집이라고 불러. 에, 대한민국 모든 정책의 에 원조 맛집이야.
From today, call it the original restaurant. It’s the original restaurant of all policies in the Republic of Korea.

다만 제가 아쉬운 것은 이러한 극복해 후유 하실분을 알아보지 못하고 공중부양을 축제 버 그리고 411 앙큼 겨우 전해지는 오직 명이었던 새, 그리고 재물에 욕심을 가지고 자신의 집까지 를 활용해서 일반 사람들이라고 시키는 살겁니다 는 상태로 지급하는 그런 사람들을 수술 사람도 볼 때마다 부쩍 마음이 아프고 답답하고 안타까울 뿐입니다.
However, what I regret is that people fail to recognize those who will overcome and succeed, instead celebrating levitation and the mere name of a bird that barely survives, and those who, driven by greed for wealth, even use their own homes to instruct ordinary people to live in a state of being paid, which makes my heart ache, frustrated, and regretful every time I see them.

예수를 몰라보고 괴로 죽이더니 그 제자다 주 예수까지 죽이더니 우리의 국민들이 지금 허경영 보험은 어떻게 사기 못해?
They didn’t recognize Jesus and killed him, then they killed his disciples and even Jesus himself. How can our citizens not be deceived by Huh Kyung-young’s insurance now?

허경영 씨가 허경영이 가 잘 내다봤다.
Huh Kyung-young foresaw it well.

The National Revolutionary Party aims to achieve “Middle-Classism” (중산주의) by distributing a National Dividend (국민배당금), which they claim will save 70% of the national budget.

(True, The National Revolutionary Party indeed advocates for “Middle-Classism” through National Dividends, claiming it will save 70% of the national budget. A common misconception is that this is a minor policy, but it’s central to their platform.)

the concept of “National Dividend” views the citizens as and the state as a .
(shareholders, corporation)

What is the primary reason Mr. Huh gives for the current economic difficulties faced by ordinary citizens, despite Korea being a top-tier economy?
① Excessive government spending on welfare programs
② A significant increase in personal debt and interest payments
③ Lack of innovation in key industries
④ Over-reliance on exports
(②, despite economic growth, ordinary citizens struggle due to rising personal debt and high interest payments, which divert their income away from consumption. A common misconception is that the problem is simply low wages, but Mr. Huh highlights the burden of debt.)

He suggests that the current system of monthly salaries should be replaced with more frequent payments, such as weekly or bi-weekly wages. What is the main benefit cited for this change?
① To reduce administrative costs for businesses
② To encourage more planned and consistent consumer spending
③ To increase overall national savings
④ To simplify tax collection
(②, more frequent payments (weekly/bi-weekly) would lead to more consistent and planned spending by individuals, preventing large, impulsive expenditures at the beginning of the month and subsequent financial struggles. A common misconception is that this is about increasing total income, but it’s about managing spending habits.)

Intermediate
He categorizes poverty into three historical stages in Korea. What are these three stages in chronological order?
(Traditional poverty, Absolute poverty, Relative poverty)

He criticizes the “Basic Income” (기본소득제) proposed by other politicians. What is the main distinction Mr. Huh draws between “Basic Income” and “National Dividend”?
① Basic Income is funded by new taxes, while National Dividend uses existing budget savings.
② Basic Income is a temporary measure, while National Dividend is permanent.
③ Basic Income is for the unemployed, while National Dividend is for all citizens.
④ Basic Income is a concept from capitalist economies, while National Dividend is socialist.
(①, “Basic Income” proposals lack a clear funding source and would increase debt, whereas “National Dividend” is funded by drastically cutting existing national budget waste (70% savings). A common misconception is that they are similar policies, but Mr. Huh highlights the funding mechanism as a key difference.)

He mentions several financial reforms implemented by President Park Chung-hee, including the “freezing of private loans” (사채 동결) and “currency reform” (화폐 개혁). What was the ultimate goal of these measures?
① To increase foreign investment in Korea.
② To stabilize the national currency against inflation.
③ To curb the informal loan market and stimulate the formal economy.
④ To reduce the national debt.
(③, He explains that Park Chung-hee’s reforms aimed to dismantle the pervasive private loan market, which was draining money from the formal economy, and redirect that liquidity into productive investments, thereby fostering economic growth. A common misconception is that these were purely about inflation control, but the focus was on economic structure.)

O/X: the current national debt of South Korea is significantly higher than that of other OECD countries, including Japan.
(False, South Korea’s national debt is relatively low compared to other OECD countries like Japan, but the private (household) debt is alarmingly high. A common misconception is confusing national debt with household debt.)

What are two specific examples of government spending that Mr. Huh identifies as wasteful and targets for reduction to fund the National Dividend?
(Gender equality budget (성인지 예산) and low birth rate budget (저출산 예산). He specifically mentions 35 trillion won for gender equality and 45 trillion won for low birth rate, totaling 80 trillion won annually, which he considers ineffective and wasteful. A common misconception is that these budgets are inherently bad; His criticism is about their perceived ineffectiveness and the amount of spending.)

Advanced
He proposes a constitutional amendment. What specific change does he suggest for the second article of the constitution?
(To guarantee a middle-class standard of living for all citizens aged 18 and above by providing a monthly National Dividend of 1.5 million won per person. A common misconception is that this is just a policy proposal; Mr. Huh frames it as a fundamental constitutional right.)

O/X: the “revenge politics” (복수 정치) where former presidents are imprisoned after a change in power is a necessary evil for political accountability.
(False, He explicitly criticizes “revenge politics,” stating that it is tiresome and unproductive, leading to a cycle of retribution rather than focusing on national development. A common misconception is that such actions are about justice; Mr. Huh views them as destructive power struggles.)

He uses the analogy of “selling dog meat with a sheep’s head” (양 대가리 걸어놓고 개고기 판다) to criticize other politicians. What does this analogy signify in his context?
(It signifies that other politicians are deceptively adopting his policies (the “sheep’s head” representing his original ideas) but distorting or misimplementing them (the “dog meat” representing their flawed execution or ulterior motives like power struggles). A common misconception is that he’s criticizing them for simply copying; he’s criticizing them for copying poorly and with insincere intentions.)

Beyond budget cuts, what are two additional sources of revenue or savings Mr. Huh identifies to fund the National Dividend and other policies?
(Reforming the fine system (벌금 제도) to generate 100 trillion won, simplifying the tax system (세금 제도) from 36 types to increase revenue by 100 trillion won, and preventing tax evasion (탈세 방지) for another 100 trillion won. Any two of these are acceptable. A common misconception is that the National Dividend relies solely on budget cuts; Mr. Huh outlines multiple revenue streams.)