Posted on 06/29/2012 11:33:54 PM PDT by bruinbirdman
The family of China's next president has amassed a fortune running into hundreds of millions of pounds, according to a hugely damaging new report.
The revelation comes as the Communist party faces increasingly difficult questions about how its leaders, who are paid ministerial salaries of just £8,000-a-year, live such gilded lives.
Xi Jinping, who turns 59 this month, is all but certain to be unveiled later this year as China's next paramount leader.
Mr Xi has carefully fostered a reputation for clean government, and there is no evidence that he has a personal fortune. Chinese officials are forbidden from accumulating significant wealth.
However, his daughter Xi Mingze studies at Harvard University under a pseudonym and an investigation by Bloomberg revealed yesterday (FRI) that Mr Xi's other relatives have built an enormous empire.
The investments are hidden from public view in multiple holding companies, but were identified among thousands of pages of regulatory findings, Bloomberg said.
The family's interests include a 1.83 billion yuan (£188 million) share of the assets of Shenzhen Yuanwei, a property investment company, according to a filing from December 2011.
Other companies in the same group, wholly owned by the family, have assets of at least 539.3 million yuan. They also have an indirect 18 per cent stake in Jiangxi Rare Earth & Rare Metals Tungsten Group, whose assets are worth some £1.1 billion.
Another 3.17 million
(Excerpt) Read more at telegraph.co.uk ...
The only true communists left today are in our White House.
The revelation comes as the Communist party faces increasingly difficult questions about how its leaders, who are paid ministerial salaries of just £8,000-a-year, live such gilded lives.
Serfs aren’t supposed to worry themselves about such things.
Warlords in nice suits!
If you think Obama's family fortune isn't skyrocketing, but out of sight, you've got another think coming!
"the new leaders pledged to adhere to 'Marx, Lenin, Mao' thought .. for 'a long time to come'"
China: Communist Party goes modern (Asia Times)
http://www.atimes.com/atimes/China/DK16Ad02.html
Obama Pledges Cuts in Missile Defense, Space, and Nuclear Weapons Programs
February 29, 2008 :: News
MissileThreat.com
A video has surfaced of Presidential candidate Senator Barack Obama talking on his plans for strategic issues such as nuclear weapons and missile defense.
The full text from the video, as released, reads as follows:
Thanks so much for the Caucus4Priorities, for the great work you've been doing. As president, I will end misguided defense policies and stand with Caucus4Priorities in fighting special interests in Washington.
First, I'll stop spending $9 billion a month in Iraq. I'm the only major candidate who opposed this war from the beginning. And as president I will end it.[not win it -etl]
Second, I will cut tens of billions of dollars in wasteful spending.
I will cut investments in unproven missile defense systems.
I will not weaponize space.
I will slow our development of future combat systems.
And I will institute an independent "Defense Priorities Board" to ensure that the Quadrennial Defense Review is not used to justify unnecessary spending.
Third, I will set a goal of a world without nuclear weapons. To seek that goal, I will not develop new nuclear weapons; I will seek a global ban on the production of fissile material; and I will negotiate with Russia to take our ICBMs off hair-trigger alert [they are NOT on "hair-trigger alert" now -etl], and to achieve deep cuts in our nuclear arsenals.
You know where I stand. I've fought for open, ethical and accountable government my entire public life. I don't switch positions or make promises that can't be kept. I don't posture on defense policy and I don't take money from federal lobbyists for powerful defense contractors. As president, my sole priority for defense spending will be protecting the American people. Thanks so much.
Article: Obama Pledges Cuts in Missile Defense, Space, and Nuclear Weapons Programs:
http://missilethreat.com/archives/id.7086/detail.asp
"MissileThreat.com is a project of The Claremont Institute devoted to understanding and promoting the requirements for the strategic defense of the United States."
"I will cut investments in unproven missile defense systems"
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2008 Pentagon Report (March 2008):
China's Growing Military Space Power
By Leonard David
Special Correspondent, SPACE.com
March 6, 2008
GOLDEN, Colorado — A just-released Pentagon report spotlights a growing U.S. military concern that China is developing a multi- dimensional program to limit or prevent the use of space-based assets by its potential adversaries during times of crisis or conflict.
Furthermore, last year's successful test by China of a direct-ascent, anti-satellite (ASAT) weapon to destroy its own defunct weather satellite, the report adds, underscores that country's expansion from the land, air, and sea dimensions of the traditional battlefield into the space and cyber-space domains.
Although China's commercial space program has utility for non- military research, that capability demonstrates space launch and control know-how that have direct military application. Even the Chang'e 1 — the Chinese lunar probe now circling the Moon — is flagged in the report as showcasing China's ability "to conduct complicated space maneuvers — a capability which has broad implications for military counterspace operations."
To read the entire publication [29.67MB/pdf], see U.S. Dept of Defense:
http://www.defenselink.mil/pubs/pdfs/China_Military_Report_08.pdf
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From the Sino-Russian Joint Statement of April 23, 1997:
"The two sides [China and Russia] shall, in the spirit of partnership, strive to promote the multipolarization of the world and the establishment of a new international order."
http://www.atimes.com/atimes/Central_Asia/HI29Ag01.html
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"Joint war games are a logical outcome of the Sino-Russian Friendship and Cooperation Treaty signed in 2001, and reflect the shared worldview and growing economic ties between the two Eastern Hemisphere giants."
http://www.heritage.org/research/commentary/2005/09/war-games-russia-china-grow-alliance
If Russia is truly done with Communism and are now “Capitalists”, why would they still support Marxist dictatorships such as Venezuela, Cuba, other far left regimes throughout Latin America, the ChiComs and North Korea? Their criticisms of Obama being a Socialist are bogus. If they really are now opposed to Socialism/Communism they would join us (pre-Obama) in condemning these regimes, not help build them up.
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Did Communism Fake Its Own Death in 1991?
American Thinker ^ | January 16, 2010 | Jason McNew
In a [] 1984 book [New Lies for Old], ex-KGB Major Anatoliy Golitsyn predicted the liberalization of the Soviet Bloc and claimed that it would be a strategic deception. ..."
"Golitsyn's argument was that beginning in about 1960, the Soviet Union embarked on a strategy of massive long-range strategic deception which would span several decades and result in the destruction of Western capitalism and the erection of a communist world government."
"Golitsyn published his second book, The Perestroika Deception, after the Soviet Union was dissolved in 1991. This book contained further analysis of the liberalization, in addition to previously classified memoranda submitted by Golitsyn to the CIA. The two books must be read together to get a complete picture of Golitsyn's thesis."
http://www.americanthinker.com/2010/01/did_communism_fake_its_own_dea.html
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FReeper khelus provided the following links for reading/downloading both books in their entirety (free):
New Lies for Old:
http://archive.org/details/GolitsynAnatoleTheNewLiesForOldOnes
The Perestroika Deception:
http://curezone.com/upload/Members/ChazTheMeatHe/Books/Golitsyn_The_Perestroika_Deception_The_World_s_Slide_Towards_the_Secon.pdf
The thin line between crony capitalism and socialism.
I think that Capitalism 'surged' with the falling of the Berlin Wall.
Now, the Commies have profited from it, and are taking control of the economy so they can suck all the money out of it , like Vampires in a blood bank.
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