I Am the Third-Generation Heir of a Conglomerate - Chapter 426



Only Noblemtl

426. All-time (1)

We are taught that when we do something wrong, we are expected to apologize.

But there was a saying that politicians should not apologize, and this time, that was proven true.

“After the national address, the president’s approval rating plummeted to 18%!”

“If you apologize, your approval rating will plummet.”

“Now that you’ve admitted your mistakes, it seems like some of your supporters are turning away from you.”

Vice Chairman Han looked at the poll results over and over again, wondering if they were unexpected results.

That’s why politicians push claims that are obviously false.

If you don’t admit your mistakes, your diehard supporters will continue to believe you.

But the moment he apologizes, even his most extreme supporters fall away.

“It seems that the CCTV footage leak was decisive.”

“Yes. There was no room for excuses since it was CCTV footage leaked by a close associate.”

“What is the opposition party doing? I think it’s time to talk about impeachment.”

“The opposition party is strongly calling for impeachment along with a special prosecution. And even the ruling party is showing signs of division.”

The decline in the president’s approval rating was fatal to the ruling party.

Usually, in such cases, the issue is covered up by expelling the president from the party.

This time, as many as 30 ruling party lawmakers were leaving the party and trying to form a new party.

“Just because the opposition party is calling for impeachment and the ruling party is divided, it doesn’t mean that impeachment can begin.”

“Yes. Even if the ruling and opposition parties combined, they will not have a majority of seats. Ultimately, it will depend on what decision the People’s Economy Party makes.”

The initiative was entirely held by the National Economic Party.

Since the People’s Economy Party held a majority of seats, it could have initiated impeachment at any time by winning over just 50 members.

“Public opinion is not good. There is a strong opinion that the People’s Economy Party should lead the impeachment. If they continue to show moves to distance themselves from impeachment as they are now, their support base could fall away in large numbers.”

“I heard that Rep. Choi Jae-seok is visiting the Blue House today. Depending on what choice the Blue House makes, Rep. Choi Jae-seok’s actions will also change.”

Meeting between the leaders of the major political parties and high-ranking officials of the Blue House.

It was something that would have caught the attention of all the media, but because it was a private meeting, only a few people knew about it.

Negotiation or collusion.

Everything depended on Rep. Choi Jae-seok’s choice.

I left this matter entirely to Rep. Choi Jae-seok, and I intended to trust him no matter what choice he made.

“Will anything change just because Rep. Choi Jae-seok goes to the Blue House?”

“Wouldn’t the person the current government fears the most be the next government? Assemblyman Choi Jae-seok is the person closest to the next presidency. So the only person who can persuade the Blue House is Assemblyman Choi Jae-seok.”

The meeting between the current power and the next power.

Depending on what they were talking about, the landscape of South Korea would change completely.

***

Rep. Choi Jae-seok arrived at the Blue House.

The president and two secretaries were waiting for him, and their faces looked very hurt, perhaps because of public opinion.

“Thank you for accepting my sudden request for a meeting.”

“If the leader of the largest political party asks to meet, of course I should agree.”

The chief secretary answered smugly.

However, Rep. Choi Jae-seok did not even glance at the chief of staff and only looked at the president as he spoke.

“The fire is too fierce. It has started a fire that will not go out until it has burned the mountain.”

“As always, it will die down over time. If the People’s Economy Party doesn’t add fuel to the fire, it will quickly extinguish.”

This time, the chief secretary answered.

However, Rep. Choi Jae-seok continued to speak while looking straight ahead, treating the chief of staff as if he did not exist.

“If the People’s Economy Party remains silent, we too will suffer together. The special prosecution and impeachment have already crossed the river of no return. There is no way to calm public opinion.”

“Where are you talking nonsense now! Where do you dare to bring up impeachment!”

“I am against impeachment.”

“Ahem, as expected, you are the leader of the largest political party. I apologize for raising my voice.”

The chief secretary smiled slyly again.

But his smile was sadly crumpled the moment Rep. Choi Jae-seok continued speaking.

“You should choose resignation, not impeachment.”

“What did I do wrong to step down on my own?”

“If we enter an impeachment situation, public opinion will want to judge the current administration. And the impeachment situation could last at least a year, or at most two to three years. We must prevent all state power from being focused on impeachment!”

Rep. Choi Jae-seok believed that resignation was the best choice for Korea’s future.

I did not want the national power that should be invested in economic development to be directed towards the impeachment trial.

“If a bad precedent of resignation is created, it will be very bad for Assemblyman Choi Jae-seok. He is the number one candidate for the next presidential election. If Assemblyman Choi becomes president and faces the same situation, he will be forced to resign.”

“Then I will willingly choose to step down. I am ready to sacrifice myself for the development of the Republic of Korea.”

Rep. Choi Jae-seok was resolute.

But his determination made the president speak for the first time.

“Will anything change if I resign?”

“I will make a difference. First, I can calm public opinion on special prosecution. I will make sure that the truth is revealed through a general prosecution investigation, not a special prosecution investigation.”

“Wouldn’t a special investigation or a prosecution investigation ultimately depend on the influence of the current government?”

“So I will make sure that I get a fair hearing.”

Rep. Choi Jae-seok wanted to silence public opinion on the impeachment trial as much as possible.

So, instead of a special investigation, they wanted a general prosecution investigation, and for that to happen, the president had to step down on his own.

“Representative Choi! Wouldn’t it be too much to resign rather than be impeached? As is the case with precedent, the Constitutional Court will dismiss the impeachment.”

“Does it matter whether he is impeached or not? The best way to put out a fire is to remove the ignition source. If he chooses to step down, the public anger will subside.”

“There is nothing more to hear. Let’s send Representative Choi out now.”

Rep. Choi Jae-seok turned his head for the first time.

He looked at the chief secretary with eyes full of venom and murder and spoke softly.

“If you choose impeachment, I will take the lead in exposing all the corruption of this administration, even the smallest ones, and expose them.”

“Where are you threatening me right now!”

“This is not a threat. I am just informing you of the People’s Economy Party’s future plans.”

The chief secretary tried to say something, but couldn’t open his mouth.

He was frozen by the energy that Representative Choi Jae-seok was giving off, and he realized.

Although he calls himself Congressman Choi.

The leader of the largest political party and the person most likely to become the next person in power.

The moment the government changes, Rep. Choi Jae-seok will be holding their leash.

Moreover, since the next presidential election will implement a two-term system, the person who could become the master of the Blue House for eight years was Representative Choi Jae-seok.

“I will wait until this week. If you make a good choice, I promise that the Kookmin Economic Party will help you make a graceful exit. However, if you make a different choice, I will take it as a declaration of war against the Kookmin Economic Party.”

Rep. Choi Jae-seok rises from his seat.

He bowed his head to show respect to the president and left the Blue House.

There was still a lot left to say, but the managers were unable to stop him.

Because Rep. Choi Jae-seok was already in such a high position that they couldn’t catch him.

***

Spring has arrived in full force.

But it was still winter in the Blue House.

How can we call it spring when approval ratings are plummeting at an incredible rate every week?

And there was another place that was welcoming winter.

“The British Parliament has decided to hold a referendum on Brexit on June 23.”

“That’s what’s going to happen. In just a few months, the UK and the EU will be in the middle of a huge storm.”

“We have already finished the preparations. We have finished shorting British companies and preparing for a currency attack centered on the Quantum Fund. Finally, we have also invested in companies and countries that will benefit if Britain leaves the EU.”

It was a referendum that would have enormous aftershocks.

In particular, there were going to be many changes in the financial world.

The UK had been serving as a financial hub in the EU, but the moment Brexit happened, its advantage as a financial hub disappeared.

“As London loses its status as a financial hub, other countries will compete.”

“After talking to many financial companies in the financial tower, I heard that Paris, France would be a good choice for a new financial hub in Europe. And Dublin, Ireland is also a good possibility.”

As I recall, the country that benefited the most from Brexit was Ireland.

Many companies that were based in the UK have moved their base to Ireland, and financial firms are no exception.

“France looks to be the favourite right now, but in the long run Ireland looks to be the better option.”

“I thought so too. Ireland has low tax rates and tax relief policies, and supports a system that is very favorable to foreign investment. Environmentally, it is much more advantageous than Paris, France.”

There was a vice president who had similar thoughts to me.

Not only that, most of the financial companies in the financial tower were thinking the same thing.

“But I really don’t understand. Britain has benefited a lot from being part of the euro, even though it has suffered losses such as the refugee problem and the Greek bailout. So I don’t understand why they are throwing a big tantrum like Brexit.”

“Isn’t it all about politics? We’re just playing along with politicians’ tricks to rally their supporters. Brexit isn’t going to solve the refugee problem either.”

One of the reasons for Brexit was the refugee issue.

But even after Brexit, rather than solving the refugee problem, more refugees are flocking to the UK.

“Don’t be too greedy, just eat twice as much.”

“Isn’t that not enough? I don’t know what it is, but didn’t the chairman say that he was going to undertake a large-scale project? In order to cover the project expenses, we need to earn more than that, not double.”

I was speechless.

No matter how much money Brexit brings in, it won’t be enough to realize the plans I had envisioned.

“Ahem, you can proceed step by step. There are still many stocks to invest in even after Brexit.”

“Well, that’s really great. But I’ll try my best to make the most of this investment.”

When I was smiling awkwardly with Vice President Han.

The planning director came rushing in and gave us breaking news.

“Mr. Chairman! The emergency presidential address has begun!”

When I turned on the TV, all the channels were broadcasting the President’s speech.

It was the president who made shocking remarks in what appeared to be a recorded video.

[I will step down, taking full responsibility.]