Free Republic

In one of these headline news stories that sounds shocking but is not shocking in the least, The Epoch Times reports Chinese TV Host Says Regime Nearly Bankrupt China’s economy has a reputation for being strong and prosperous, but according to a well-known Chinese television personality the country’s Gross Domestic Product is going in reverse. Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. In his memorable formulation: every province in...

What does Korean fried chicken and tomatoes have in common? Shrill protestors attempting to shame large food companies into overcharging consumers for their product in the name of either job protection for the smaller producers or increase wages for "underpaid" workers. Both camps showed a shrewd application of Saul Alinsky's Rules for Radicals. Exhibit A: Back in December of last year, Korean food chaebol Lotte started selling buckets of Korean fried chicken in their Lotte Mart grocery stores for 5,000 won each. The Lotte Mart Korean fried chicken bucket quickly gained a good enough reputation that customers stood in long...