While the domestic stock market plunged for two consecutive days, Kim Eun-hye, a member of the Peopl..

While the domestic stock market plunged for two consecutive days, Kim Eun-hye, a member of the People’s Power, criticized the Lee Jae Myung government for “pushing the people’s property into the casino.”

Rep. Kim wrote on Facebook on the 29th, “Yesterday’s -10.8% fall in KOSPI was greater than -9.44% on October 16, 2008 during the Lehman Brothers crisis that caused the global financial crisis.”

“There was no Lehman crisis and no dot-com bubble burst, and the KOSPI’s fourth fall in history was because the principles and procedures of the market economy collapsed,” he said. “The Lee Jae Myung government will be almost the only country that has used a specific stock index as a means of maintaining power.”

Representative Kim said, “We explicitly supported the stock index through the national pension ahead of the local elections,” adding, “As we increased the proportion of domestic stocks and suspended rebalancing, it was provided as the timing of the outflow of national wealth to foreigners.”

“On top of that, the Financial Services Commission came forward and said, ‘Debt is also a kind of leverage,’ and eventually the president said, ‘I’ll sell my house to buy ETFs,’ and a highly volatile leveraged ETF product was dropped through the chief of the policy office, who heard the sound of ‘Tongo Bang Gonic’,” he said. “It added fuel to the lively market.”

Lawmaker Kim said, “The government is casually violating the principle of commercial law that the right to dispose of operating profits belongs to shareholders and that specific execution is determined through a resolution at the general shareholders’ meeting.”

He added, “When the stock index rose, those who were happy looking at stock accounts, please vote for No. 1 said nothing today.”

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