Who are you tryn’ to impress now Obama or Xi Jinping dumbass: Hu Jintao and Wen Jiabao Bitch Poodle Zhang Dejiang Accused Jiang Zemin Penis Bo Xilai the man who Fucked Cantonese Mafia and chased Corrupted Thugocracy outta Chongqing Megalopolis as defame to china image.

 

Who are you tryn’ to impress now Obama or Xi Jinping dumbass: Hu Jintao and Wen Jiabao Bitch Poodle Zhang Dejiang Accused Jiang Zemin Penis Bo Xilai the man who Fucked Cantonese Mafia and chased Corrupted Thugocracy outta Chongqing Megalopolis as defame to china image.

Here-is-Bullshit-of-The-Day from Jack Phillips Epoch Times:

The new Chinese Communist Party leader of the Chongqing megalopolis said fallout from the Bo Xilai scandal has damaged the image of the Party and will affect the city’s development. In remarks delivered at the Chongqing CCP leadership meeting on Monday, party head Zhang Dejiang criticized Bo, the man he replaced, for “greatly damaging the image of the Party” and China, according to a transcript published on the city’s website. Bo, a former Politburo member and formerly considered a rising star in the CCP, was ousted from power in March and is reportedly under investigation for serious “disciplinary violations.” Zhang referred specifically to the death of British businessman Neil Heywood in the Monday speech—though the Party’s case against Bo goes far beyond that. In February, Bo’s chief of police, Wang Lijun, fled to a U.S. Embassy in an attempt to seek asylum, essentially marking the beginning of Bo’s downfall. Zhang also referred to the Wang Lijun incident. Bo is part of a “bloody hands” faction, meaning he is a key ally to former leader Jiang Zemin and Politburo Standing Committee member Zhou Yongkang, who oversees the powerful Political and Legislative Affairs Committee (PLAC). Bo and Zhou are reported to have conspired to seize the leadership of the country, which was to happen after Xi Jinping was installed as Party and state chief later this year. Officials testify to Bo setting up eavesdropping on top Party leaders. He is also guilty of fomenting a personality cult in Chongqing centered around Maoist revivalism and crackdowns (and asset stripping) against businessmen and criminals labeled as belonging to the mafia. When Bo was removed from power, it also exposed the rift between the bloody hands faction and Party leaders Hu Jintao and Wen Jiabao, ahead of the all-important leadership change in October. Zhang’s criticism of Bo is a rarity in China as many state-run media entities and government officials have mostly remained silent on the issue ever since the former Chongqing boss was stripped of power. Zhang also said, “We believe we should separate the achievements in Chongqing and the hard work of its residents in the past five years” from Bo’s dismissal and violations, the death of Heywood, and Wang Lijun’s escape to the U.S. consulate. Bo is accused of nepotism, corruption, and abusing his power by seeking forced confessions, using torture, and committing other offenses. Bo is said to have remained loyal to Jiang Zemin by zealously carrying out the persecution of Falun Gong practitioners.

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Someone above the Law Mocked Ron Paul to Deliver Choreographed Statement Describing Senate Nonstop Bailouts & Debt Ceiling Jacking SINCERE. WTF. Competent Bernanke ain’t let Eurozone Austerity Spread Across USA. Who are you fucking now? As if the Senate and the Feds knew what they are doing. This is not an Accurate Testimony it is Deceptive indeed. Nonetheless US Economy and Treasuries Downgrade is Imminent. Who the fuck cares? Rating ain’t perspective no more. Lew Rockwell told RT. that Ron Paul Endeavour is the Genesis of Teaching and end of Politics. Lew. You Really Fucked-up this one big time. Ain’t that-Ron-Paul-that-I-know.
The Fuckn’ Satanists Seigniorage Banksters Scam is over. Everyone knows now that Capitalism is Nothing than Eat, Shit, & Die. If 1st Amendment on YouTube is Scam, Spam and Deceptive then you had the Attention of Psycho Motherfucker Narcissist Scumbag who is Digging America’s Grave. Google must find that kid who habituates Toys”R”Us and fire him before he CompuServe youtube unless Google gonna wannabe Dickheads.
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The United States is Finlandized out of fear of China to Dragoon into Policies that takes Beijing’ interests into Account.

Here is Some Mindsteroid Must-Read from letters@chronicle.utah.edu. There’s little to fear.
As future leaders of the United States, it’s important for students to study historical phenomena. This can educate upcoming leaders on world trends to avoid in the future.
One such phenomenon swept small, yet strategically significant states during the Cold War. The term “Finlandization” refers to the Soviet Union holding power over Finland’s foreign policy during the war.
Moscow used its military power, coupled with the West’s disinclination, to defend small states like Finland, to dragoon Finns into policies that took Moscow’s interests into account.
If the United States is not careful, it risks Finlandizing with respect to China for economic reasons. That is, it risks purporting friendliness toward the Chinese outwardly because it fears China’s power secretly.
China runs stabalization process on its currency, which guarantees that the Yuan trades within certain parameters. This process involves China extracting dollars from its trade surplus. Normally, these dollars would be sold in the foreign exchange market, which would drive down the price of the dollar. However, to counteract this, China eats up U.S. Treasuries bonds. When the dollar decreases in value, China buys Treasuries bonds to reinforce it.
These economic facts permit China to manipulate its currency free from reproach. They conflate to give China a sort of financial nuclear option against the United States, and force the United States into policy making from China’s back pocket.
Congress should enact an excise tax on imported Chinese goods, and should forbid the Chinese government from making further purchases of U.S. Treasuries. These actions would level the playing field in trade practices, crack down on currency manipulation and reduce the risk of Finlandization.
Some forecast a trade war with China in the event that Congress sanctions the state. Others wonder how the United States would be able to finance its debt if China is not there to buy Treasury bonds. As for the latter, according to a World Bank report, China hasn’t bought U.S. Treasury bonds at as rapid a pace in recent years, making it unlikely that the United States would suffer if it forbade China from bond purchases.
The former fear derives from a more basic fear, namely, that China is becoming the world’s economic superpower. It is true that China’s economy could soon eclipse the U.S. economy in terms of gross domestic product. With 1.29 billion people — four times the population of the United States — China should have a larger economy, if it is remotely efficient.
The more relevant figure is the purchasing power parity, which takes into account standard of living and the value of produced goods. Here, the United States, with a PPP of $48,147, is worlds ahead of China, whose PPP is just $8,394.
China’s economic growth is overstated. The country still heavily relies on state-owned industries; that is, it props up certain sectors of the economy while punishing others. It is not sufficiently capitalist to support its current rate of expansion.
China moved precipitately from an agricultural economy to an industrial economy. The same transition made long-term growth impossible for the Soviets. China’s labor laws are lax, as are its environmental regulations. Both workers and the environment are degraded, which affects growth rates, according to the World Bank. China’s economy is export-based, too, and features low consumer demand; slow economies elsewhere in the world or self-sufficient states pose a threat to China’s growth.
Regime type also matters. Daron Acemoglu and James A. Robinson show in “Why Nations Fail: The Origins of Power, Prosperity and Poverty” that economic growth is only sustainable when coupled with democratic political institutions. This is because incentives to innovate are nonexistent when liberties are restricted. China’s central government channels resources away from the people and toward elites while placing burdens on the backs of the people alone.
China looks to follow the trajectory of Soviet Russia. Rather than long-term economic growth and political reform to boot, the Chinese are apt to experience short-term prosperity and eventual decline.
We, as future leaders of America, must understand these lessons of history so that when the time comes to address China’s status on the world stage, we can act from an informed position and end up on the right side of history.

To Stop IDF Suspending Israelis: Tourist must bring their own Police along while visiting Israel

To Stop IDF Suspending Israelis: Tourist must bring their own Police along while visiting Israel

The definition of sociali…

The definition of
socialism is: “a centrally planned economy in which the government
controls all means of production.

Here is Some Mindsteroid Must-Read:
The People’s Bank of China, the country’s central bank, said in a statement published on its official website that the floating band in the inter-bank spot foreign exchange market will be enlarged from 0.5 percent to 1 percent effective April 16.
To keep the exchange rate stable, the PBOC has set a daily reference rate for the yuan and it will be allowed to fluctuate only to the daily limit on either side of the reference rate. The trading range was widened to 0.5 percent from 0.3 percent in May 2007.
It also raised the spread between dollar selling and buying prices offered by the foreign exchange-designated banks to their customers to 2 percent of the reference rate, from the current level of 1 percent.
News of this announcement was widely supported by the International Monetary Fund (IMF) as it promoted market transparency and economic stability. From CBS Market Watch:
Christine Lagarde, managing director of the International Monetary Fund, welcomed the move.
“This underlines China’s commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate,” Lagarde said in a statement.
The scale of the widening is bigger than the 0.7% the market had expected, according to Ting Lu, a China economist at Bank of America Merrill Lynch, in emailed comments.
Earlier this week, China Securities Regulatory Commission increased the quotas for foreign institutional investors from $30 billion to $80 billion. This move highlights a strategic economic shift from an export model to a consumption model. From Bloomberg News:
China, the world’s second-biggest economy, has pledged this year to free up control of the yuan and liberalize interest rates as the government deepens reforms to revive growth and offset slowing exports and a cooling housing market. China needs to rely more on markets and the private sector as its export- oriented model isn’t sustainable, World Bank President Robert Zoellick said in February.
“More action on opening up their markets to outside investment is definitely a positive,” Jeff Papp, a senior analyst in Lisle, Illinois at Oberweis Asset Management Inc., which oversees about $700 million, said in a phone interview. “It’s not a huge amount. They’re taking a small-steps approach to see how markets will react with more participants.”

UNLEASH YUAN AS WORLD SECOND CURRENCY

Here is Some Mindsteroid Must-Read:
The People’s Bank of China, the country’s central bank, said in a statement published on its official website that the floating band in the inter-bank spot foreign exchange market will be enlarged from 0.5 percent to 1 percent effective April 16.
To keep the exchange rate stable, the PBOC has set a daily reference rate for the yuan and it will be allowed to fluctuate only to the daily limit on either side of the reference rate. The trading range was widened to 0.5 percent from 0.3 percent in May 2007.
It also raised the spread between dollar selling and buying prices offered by the foreign exchange-designated banks to their customers to 2 percent of the reference rate, from the current level of 1 percent.
News of this announcement was widely supported by the International Monetary Fund (IMF) as it promoted market transparency and economic stability. From CBS Market Watch:
Christine Lagarde, managing director of the International Monetary Fund, welcomed the move.
“This underlines China’s commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate,” Lagarde said in a statement.
The scale of the widening is bigger than the 0.7% the market had expected, according to Ting Lu, a China economist at Bank of America Merrill Lynch, in emailed comments.
Earlier this week, China Securities Regulatory Commission increased the quotas for foreign institutional investors from $30 billion to $80 billion. This move highlights a strategic economic shift from an export model to a consumption model. From Bloomberg News:
China, the world’s second-biggest economy, has pledged this year to free up control of the yuan and liberalize interest rates as the government deepens reforms to revive growth and offset slowing exports and a cooling housing market. China needs to rely more on markets and the private sector as its export- oriented model isn’t sustainable, World Bank President Robert Zoellick said in February.
“More action on opening up their markets to outside investment is definitely a positive,” Jeff Papp, a senior analyst in Lisle, Illinois at Oberweis Asset Management Inc., which oversees about $700 million, said in a phone interview. “It’s not a huge amount. They’re taking a small-steps approach to see how markets will react with more participants.”