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Panama Supreme Court Ruling May Leave Lawyers and Money Launderers Jobless
The decision will hit hard in that - substantial - part of the offshore finance business where secrecy is essential for survival: (drug) money laundering and (corporate) tax evasion. Investigations and arrests of narco kingpins invariably lead to Panama where drug trade profits are laundered and then hidden in numerous corporate structures. The real estate construction boom thrives on dirty money, and the DEA described the industry as follows: Panama is one of the world's largest offshore financial centers. Panama's offshore financial sector includes international business companies, offshore banks, captive insurance companies and fiduciary companies. Approximately 34,800 new offshore corporations were registered in Panama in 2007, as of October 2007. As of June 2007, Panamas had 85 commercial banks: 2 official banks, 14 local banks of general license, 26 foreign banks of general license, 34 banks of international license, and nine representative offices. Shell companies are permitted and have been used by a wide range of criminal groups around the world. Bearer shares are permitted for corporations and nominee directors and trustees as are allowed by law. The Government of Panama (GOP) regulates casinos, but does not regulate Internet gaming sites.
Panama's banking and money laundering industry is not, as one may gather from the frowned comments of the State Department, a Panamanian invention: Turning Panama into a tropical version of Switzerland has been an entirely US affair. Soon after the military coup of 1968, Nelson Rockefeller visited dictator Omar Torrijos. Rockefeller's position as a special envoy of the Nixon government neatly coincided with the interest of the Chase Manhattan Bank - owned by the Rockefellers - to establish a financial center in Panama with firm banking secrecy and no other rules to speak of whatsoever. Upon writing and implementing the necessary laws - a convieniently easy process under a dictatorship - a plethora of other banks set up shop in Panama, heaps of lawyers saw opportunities as well, and quickly the place bustled with legitimate and illegitimate financial activity. HOW IT WORKS, AND WHAT HAPPENED It's a common way to protect assets against frivolous lawsuits, creditors and the tax man - or for people who just value their financial privacy: Funds are put in a "Private Interest Foundation" which has no apparent relation with the original owner other than that he can open and manage bank accounts in its name. Panama corporations, which allow for bearer shares to be issued, are also frequently used for this purpose. Or a combination of both. In Panama, where using criminal fraud complaints and asset seizures as a tool to resolve common business disputes is an essential part of the business climate, these asset protection structures are widely touted by banks, the many law firms and other financial services outfits as "safe" and even "bullet proof". That, however, is no longer the case. Peter Gordon, a wealthy Canadian retiree, moved his money to a foundation and then the foundation opened accounts with HSBC bank Panama. However, Gordon was unhappy with the services of that bank, closed the accounts and wired the foundation's funds to another Panamanian bank. He then posted a number of messages criticizing HSBC's service and excessive fees on a Yahoo forum for expatriates in Panama. These messages very much upset one Joseph Salterio, manager of HSBC Panama. Together with some friends, American dentist Charly Garcia (who is also president of the American Society), insurance broker Kevin Bradley (who sells health insurance to expatriates for an HSBC-owned company) and later retired air force man Donald Winner (who is now a PR man for underworld figures), a plan was hatched to get even and make some money in the process. HSBC Panama/USA sued Gordon for alleged damages for $5 million, and then proceeded to have all his assets in Panama sequestered. It made the front page in the local press. In itself, the case wouldn't be worth mentioning as it is typical for the wonderful Panamanian business and expat scene where this type of cloak and dagger, bickering and backstabbing is simply part of daily life. However, what makes it important is that not just Gordon's assets were sequestered, but those of the supposedly "bullet proof" foundation as well. The foundation's lawyers sought remedies in the courts, but now the Supreme Court has decided that indeed such foundations may be sequestered even when they have formally nothing to do with a person who is accused of libel. This will have many consequences that the HSBC gang and the court haven't thought of. Trust in Panama's asset protection industry had already suffered from these antics and the Supreme Court decision will no doubt shy away more money being deposited in Panama; depositors look for privacy, not high profile court cases and frivolous asset seizures by rogue bankers. It was already extremely easy to sequester anyone's possessions in Panama - dream up a case, post a bond, off you go - and now one may include those (anonymously) held by corporations and foundations. This doesn't just hurt legitimate business or innocent retirees. It's the nightmare of every money launderer or con man who thought his ill-gotten gains were safe under the corporate veil: They no longer are.
Categories: News from Elsewhere
New Article Details Ongoing Injustice for Chicago Torture Victims of Infamous Burge Police Regime
Categories: News from Elsewhere
Yahoo!'s China,U.S. Government Agents Jerry Yang,Carl Icahn,Missing White House E-Mail,Adnan Khashoggi,GenesisIntermediaYahoo!'s China,U.S. Government Agents Jerry Yang,Carl Icahn,Missing White House E-Mail,Adnan Khashoggi,GenesisIntermedia Stock Fraud,Terrorism .......................... Yahoo's White House E-Mail: 'I don't want my E-mail made public,' said one insider. As aresult,many aides have shifted to Internet E-mail instead of the White House system. 'It's Yahoo!, baby,' says a Bushie." Yahoo Gives Up Reporter's Email To The Chinese Government Sunday, September 11th, 2005 Yahoo provided Chinese government Catching-the-Shrimp information http://www.salon.com/opinion/blumenthal/2007/03/29/attorney_firings/ Follow the e-mails The discovery of a previously unknown treasure chest of e-mails buried By Sidney Blumenthal........... Richard Nixon and George W. Bush both invoked secrecy for national In Watergate, "Deep Throat" counseled that the royal road to the The discovery of a hitherto unknown treasure-trove of e-mails buried .................................... Yahoo!'s U.S.,Chinese Government Agents Jerry Yang and Carl ...................... Procol Harum:The Blink Of An Eye(9/11) This song is performed by Procol Harum. It was all over in the blink of an eye It was all over in a few seconds flat We thought we were living on easy street It was all over in an avalanche of pain We thought we were living on easy street - Procol Harum ...................................... http://en.wikipedia.org/wiki/Carl_Icahn Carl Celian Icahn (born February 16, 1936) is an American billionaire Icahn began his career on Wall Street in 1961. In 1968, he formed Icahn developed a reputation as a corporate raider after his hostile Friday, June 27, 1997 Icahn could tower over Stratosphere Below we will explore some of what wikipedia doesn't report about the CRIMINALS,WANG,ICAHN,ET.AL., ALSO HAVE ALLOWED DEATH THREATS TO BE http://www.economist.com/business/displaystory.cfm?story_id=11780818 Yahoo! and Carl Icahn Icahn't Yahoo! solves one problem and is left with all the others SUDDENLY,they all find pleasant things to say about each other. Until ..................................................................
First note immediately below is a quote from and link to a recent The reason I take this very personally is the fact that while Yahoo! I have received threats to my life on Yahoo! from anonymous posters And as I've said,besides stealing my email,Mr.Yang and his Yahoo!s are As you will see below the two greedy squabbling Yahoos!,Jerry Wang,who Both Yang and Icahn are both corrupt U.S. and Chinese government The GenesisIntermedia pump and dump fell apart on or around the time I have tried to get copies of my stolen,(by Yahoo!),e-mail And even worse if it could be is the fact that the Israeli NASDAQ If anything before anyone buys the NASDAQ and internet fraud called As for the dishonest corrupt San Francisco attorney Josh Ridless who I Josh Ridless or Joshua Ethic-less poses with the Al Aqsa Mosque of The Pluristem fraud proted by notorious penny stock criminal James The size of this 'business' has become so huge and uncontrolled that Below are various article-links related to White House use of Yahoo! White House E-mail Docs to Fall Under Info Act? Appeal by citizens group pending on files relating to internal e-mail
July 10, 2008 The advocacy group Citizens for Responsibility and Ethics (CREW) won a The latest ruling is not a reversal but an indication that the CREW District Judge Colleen Kollar-Kotelly, of the United States District Last month Kollar-Kotelly had ruled the OA is not a federal agency and This week's court decision was separate from a lawsuit filed by CREW CREW and the Archive are awaiting a court decision on several issues The Department of Justice (DOJ) has vigorously opposed CREW and The EOP has previously admitted that three months of data at the heart .................................................................................................... Yahoo Co-founder, Jerry Wang to donate $75 Million to Stanford Tuesday, February 20th, 2007 Both Jerry Yang and his wife, Akiko Yamazaki received their Out of the $75 million that is to be donated by Yang, $5 million will According to Jerry Wang, "We keep coming back to Stanford as a place ................. http://www.washingtonpost.com/wp-dyn/content/article/2007/04/11/AR2007041102167.html White House E-Mail Lost in Private Accounts By Michael Abramowitz and Dan Eggen The White House acknowledged yesterday that e-mails dealing with ............................ http://aolmobile.com.com/Yahoo+on+NSA+surveillance+No+comment/2100-1030_3-6040129.html Yahoo on NSA surveillance: No comment Under cross-examination during a congressional hearing, Yahoo's top Michael Callahan, Yahoo's senior vice president and general counsel, "It wouldn't be appropriate for me to comment," said Callahan, who was But Callahan refused to say whether a demand from the NSA--not backed No law or regulation prohibits Yahoo from answering the question. In a Sherman, who represents the San Fernando Valley near Los Angeles, is a my(Tony Ryals) comment at the time: http://aolmobile.com.com/5208-1030_3-0.html?forumID=1&threadID=14064&messageID=120421&start=-1 Michael Callahan seems to be cooperating with people who make death I suspect not only is Yahoo in bed with NSA BUT WITH STOCK FRAUD TOUTS The scum who run the Yahoo business or stock message boards have aided Who are these people Mr.Michael Callahan who you allow to threaten and I have already posted the death threats and such you allow and pointed Why do you delete my account for warning and coddle and protect them Is there a Beltway connection ? Patrick Byrne and his daddy Jack sure .................... .................... Post-threat directed to me from Yahoo!'s NFI board...but certainly not Tony Ryals is playing with fire 29-Aug-05 12:12 am ftd_is_a_cr... Sentiment : Buy ........................................ http://news.cnet.com/5208-1038_3-0.html?forumID=1&threadID=10346&messageID=77147&start=0 Yahoo's NFI board NCANS.NET chatter: reader comment from Tony Ryals (Note:'easter_bunny_d3'was ncansd3, dirtydirtydeeds,and who knows or ............................................... Below mention of me(Tony Ryals) from pinkherring.com,circa 2006.Note In his(New York Post) column, Mr. Byron made reference to Tony Ryals, According to Mr. Byron, Mr. Ryals' complaints earlier this month were The firm's linkages "are bewildering in their complexity" and Mr. Byron's declaration that In-Q-Tel "continues to funnel agency ............................. Below mention of me,(Tony Ryals),by ex CSJ or Columbia School of
Mark Mitchell and HIS CRIME BOSS, Patrick Byrne,son of Warren Buffett connected Geico insurance billionaire Jack Byrne),cry about their fraudulent pump and dump scam Overstock being 'naked shorted' or 'counterfeitted' - which is a term that no economist ever used but was made up by penny stock criminal with W Bush connections who use unaudited(by SEC) U.S. penny stock shares for fraud and money laundering,(such as Cryptometrics-Jag Media Holdings fraud that claims New Zealand passport office as a client using Chris Byron by the way was quietly removed from his NY Post position - Tony Ryals
The Story of Deep Capture by Mark Mitchell, Part 16 here are a few journalists whom we have not yet mentioned. One is Chris Byron, a columnist for The New York Post. Byron has In April 2006, while the Media Mob is at the height of its The only source Byron names in his story is the "tireless Tony Ryals lives in a hut in Guatemala. On most mornings, he walks to a nearby internet café and begins writing - sometimes for stretches of The vast majority of Ryal's rants concern Patrick Byrne. Depending on "To see my latest," Ryals says in a recent message board post, "You ............................................ Yahoo protects stock mafia , death threats: reader comment from Tony Ryals While Yahoo turns in dissident journalists in China to the goverment ....................... Yahoo's Yang Faces Sagging Profit After Icahn Row (Update3) By Crayton Harrison July 22 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Jerry Yang http://www.bloomberg.com/apps/news?pid=20601103&sid=alcfsy5lbrog&refer=us http://www.electronista.com/articles/08/06/26/yahoo.clarifies.deals/ Thursday, June 26th ........................ http://www.redherring.com/Home/5463
In the world of troubled dot-coms, you aren't likely to find a more Behind this company--or linked to it in one way or another--is a cast So who's behind the veil? First, a fugitive Saudi arms merchant who is Nasdaq market regulators halted trading in Genesis to seek "additional Let's start with the largest single shareholder in Genesis: an outfit Genesis's original underwriter was an outfit bearing the name Seal kept a plane at a rural airport in Mena, Arkansas, which was German press report last March identified Mr. Khashoggi as holding a A June 2000 financial filing with the SEC lists a company under which So let's see: a fugitive arms dealer, two convicted drug dealers (one ................................... Khashoggi,Cover-ups @ Mars and Venus doing lunch.... The story of the auto thief from Cleveland who discovered 39 dead October 13 2004-Venice,FL. After finding the bodies of 39 members of the Heaven's Gate cult on a Soon he'd sold rights to the story of the cult suicide to the A probation officer saw him on national television, and 'made' him as Ichan, strangely, also figures peripherally in the Heaven's Gate saga: Like the attack,(9/11),itself, the story of the secret network involved in a "It involves a fugitive arms dealer, two convicted drug dealers (one
................................................ http://www.redherring.com/Home/7512 Drug lore
Fifteen months ago, Red Herring columnist Christopher Byron advised His recommendation was based less on the company's financial prospects Amazingly, a recent lawsuit suggests that he hadn't even uncovered all According to the suit, Mr. Breedon and his co-conspirators engaged in Topics: Drug, Lore Fox News: Greg Gutfeld,Adolf Hitler's Jewish Relative,Defends New
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Freedom of the Press: What they don't teach you in J schoolLa Habana 22 de julio 2008
The United States has one of the highest levels of press freedom in the world. We know this because four different press freedom organizations say so. The fact that all four receive generous funding from the U.S. government doesn’t seem to matter. Fidel told Frei Betto in an interview that he considered freedom of the press to be nothing more than freedom of ownership, and this is true: money is power, and the U.S. press has the power to choose our political leaders for us. Just ask Dennis Kucinich, John Edwards and Ralph Nader, and they will tell you how they were disappeared from the 2008 presidential race as quickly and definitively as any Soviet leader who fell into disfavor with Stalin. The current definition of freedom of the press was developed by the monopoly press, with the support of the state, and the tortuous logic goes like this: Governments, although they are well intentioned, tend towards corruption and abuse. An independent press is necessary to inform the public about this corruption and abuse. Independence is assured by not receiving any money or subsidies from the government. To maintain this independence, the press must be commercially successful. Therefore, the more commercially successful the press is, the freer it is. A communications text written by professors at Cal State Long Beach defines democracy in an equally crass way when it proposes this argument: If democracy means distributing the greatest amount of goods to the greatest number of people, and advertising facilitates this distribution, then advertising is democracy (yes, the text actually says this). Here’s the reality of the situation, which you would be unwise to speak of in a journalism class: The transnational corporations control the state. The big media companies are transnational corporations. Therefore, the big media companies control the state. What are the consequences of a state controlled by transnational corporations, among them the media giants? First, the media buy laws that enable them to become more consolidated and accumulate more capital. Second, the media will support the state as long as it is obedient to the transnational capitalist class. Third, if a leader manages to become head of state and decides that his loyalty is to the people who elected him, the media will wage war without quarter until that leader is gone.
The Rise and Fall of Reporters Without Borders
Journalists Jean-Guy Allard, Salim Lamrani and Maxime Vivas have written all there is to write about Reporters Without Borders. The facts are there for anyone interested in reading them. I would just like to add two philosophical points to the discussion of this government- and corporate-sponsored group. The first is that although RSF has close links to the U.S. government, it also receives money from France, the European Union, the United Nations (until recently), from billionaire foundations such as Soros’ Open Society Institute and Taiwan. It is also receiving money from other sources, but who calls the shots? Given the rise of a transnational capitalist class and the creation of supranational institutions such as the WTO, the EU, the IMF and World Bank, and the WEF, sociologists are struggling to create a new definition of imperialism. Many people still believe in U.S imperialism because it was the United States that lead the worldwide transformation that is globalization. However the overthrow of President Aristide in 2004, although lead by the United States, was actually a collective effort among the elites of four countries (five if you count the Dominican Republic), and it was one in which RSF, international media and NGOs played an important propaganda role. A transformed UN deployed troops after the coup to restore stability, not to restore constitutionality. Other imperialist actions are taking on a transnational character as well. One way to resolve this problem is to conceptualize a transnational state, which was proposed by William Robinson in A Theory of Transnational Capitalism, among other works. From there, one can hypothesize a kind of imperialism practiced by this state – not as a unified monolith, of course, but a state in formation which already has powerful institutions at its disposal. This is one reason for the revival of interest in the ideas of Antonio Gramsci. The transnational state, like the nation-state, reproduces itself in civil society; hence, the amazing proliferation of NGOs created or transformed to serve transnational capital, as well as the buying off of existing NGOs. This is a long, imprecise explanation for my hypothesis that RSF serves neither one country nor several, but the transnational state. My second point is simpler, and it is that one of the propagandistic weapons RSF employs is to accuse leftist Latin American presidents of provoking political polarization. This is just one of its tactics that demonstrates the class character of its work. Polarization is a social phenomenon that occurs when two opposing classes are in conflict. It is only related to press freedom because the capitalist press is acting as a protagonist in the class struggle, committing sedition on behalf of powerful economic interests, of which it is one, but enjoying total impunity in the name of freedom of the press. The only way for a leftist president to avoid increasing polarization is to cease the class struggle. But RSF takes the position that the right to self defense exists only for capital. The minute a journalist starts to write a story he is making choices colored by his biases. In the face of transcendental events, there is no such thing as impartiality. If a journalist hasn’t picked a side consciously, he or she is already on the wrong side.
End
Diana Barahona recently earned a BA in journalism from CSULB, where she was disruptive, disrespectful and had an agenda, according the chair of the journalism school. She is now studying sociology at CSUF.
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Chavez sends a messageLa Habana 21 de julio 2008
On the occasion of the 19th anniversary of the triumph of the Sandinista revolution, Venezuelan President Hugo Chávez warned that the world crisis would continue to grow and said that the greatest crisis is the lack of common sense on the part of those who rule the world, citing a letter written to him by Fidel Castro. Before an estimated 450,000 people, Chávez sent a message to the next leaders of the United States, saying, “We don’t want war, we want a peaceful change to search for deep and true peace for our people. We don’t want more destabilizations,” he said. “The only thing we demand is that they respect the sovereignty of the peoples of the region, because we are no longer lackeys, nor are we subordinate to any foreign power,” he said. Chávez said that Latin Americans had awoken again like a volcano. A multipolar world is being shaped, he said, and we demand that the United States and Europe respect our peoples and the human rights of our emigrants.
[Taken from Trabajadores, the weekly organ of the Workers’ Central of Cuba]
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Lazaro BarredoLa Habana 19 de Julio 2008
The offices of Granma, are neither large nor elegant. They have the Spartan look one expects of the “Official Organ of the Communist Party of Cuba.” Granma is the least pretentious national daily in a world full of pretentious newspapers. On Friday it devoted one of its sixteen pages to Fidel’s reflection and another to the text of decree No. 259, signed by President Raúl Castro, dealing with the distribution of unused land for agricultural production. This may not seem like big news, but with the new prioritization of food security and incentives offered, many ordinary people are interested in taking up farming. The paper’s editor-in-chief, Lázaro Barredo, is also a member of the National Assembly. His office has a brightly colored painting of Che Guevara, and a poster-sized reproduction of a letter Fidel wrote to his comrade-in-arms Celia Sánchez in 1958. The letter’s content reflects Barredo’s interest in Cuba’s security in the face of U.S. aggression: “Upon seeing the rockets they fired at Mario’s house, I have sworn to myself that the Americans are gong to pay dearly for what they are doing. When this war ends, for me a much longer and greater war will begin: the war that I am going to wage against them. I realize that that is going to be my true destiny.” Barredo had written an editorial celebrating the death of Jesse Helms (R-NC), in which he said that the senator “felt a profound hatred for the Cuban Revolution […] and supported all the actions undertaken by the U.S. administration to overthrow it and assassinate Commander-in-Chief Fidel Castro.” When we met, he asked if we were familiar with the events leading up to the passage of the 1996 Helms-Burton Act, which tightened the economic blockade against Cuba. At the time Barredo was vice president of international relations in the National Assembly. What eventually became Helms-Burton began to wind its way through Congress in the beginning of 1995, pushed by the usual suspects from South Florida. According to Barredo, Clinton didn’t want the law to pass because it sanctioned European governments and transnational corporations doing business in Cuba. Because of this reluctance, Miami extremists saw the need to create an international incident to force passage of the law and formed Brothers to the Rescue, headed by José Basulto. Basulto claimed in an interview on Miami channel 41 ten years later – Dec. 6, 2005 -- that he had received his training in terrorism from the CIA. He was recruited for Operation 40, a CIA death squad organized to follow up the Bay of Pigs invasion with political assassinations, and in the same program admitted to firing a 22 mm gun at a Havana hotel on Aug. 24, 1962 – an attempt on Castro’s life. Brothers to the Rescue proceeded to violate Cuban airspace 25 times with small planes. These were not isolated incidents; the 1990s were a decade of renewed aggression against Cuba with a total of 108 terrorist acts, including 16 attempts on Fidel’s life and eight attempts to assassinate other Cuban leaders, according to undercover agent Percy Alvarado Godoy, who infiltrated the Cuban American National Foundation. In particular, on July 13, 1995, Brothers to the Rescue attempted to penetrate Cuban waters with a flotilla of 11 boats, six planes and two helicopters. One of the planes dropped pamphlets over Havana. Basulto’s associate, Arnaldo Iglesias, testified in the trial of the five Cuban heroes that in1995 he and Basulto had experimented with throwing home-made bombs from an airplane in the area of Opa-locka Airport in Miami. In January 1996 Barredo was meeting with Rep. Bill Richardson, and at the same time Ricardo Alarcón was meeting with two other U.S. representatives. Alarcón instructed him to bring Richardson to Alarcón’s meeting, and they all sat down to express the great concern of the Cuban government over the repeated violations of Cuban territory. Cuba communicated these concerns to the Clinton administration many times, but all he did was to revoke the group’s pilot’s licenses, Barredo said. February 24, 1996 was a carnival day, with crowds of people out at the Malecón. When the Cuban defense forces learned that three planes had left Miami and were headed for Cuba, the pilots were warned that they had violated Cuban airspace and ordered to return. The Cuban government has a recording of the entire communication and according to Barredo, one hears the voice of Basulto “laughing nervously” and ordering the other two planes to continue towards Havana while he and Iglesias turned around and headed back to Miami. The two planes were shot down by Cuban MIGs, setting off a crisis during which Clinton rejected a proposal to fire missiles at different targets in Cuba. Clinton signed the Helms-Burton Act soon after with even stronger provisions. According to Barredo it principally codified the blockade, so that no president would be able modify it without going to Congress. Clinton also expropriated frozen Cuban assets and began to budget money for anti-Castro groups. Those trade restrictions and millions of dollars for the civil society mafia continue to this day.
End
Diana Barahona recently earned a BA in journalism from CSULB, where she was disruptive, disrespectful and had an agenda, according the chair of the journalism school. She is now studying sociology at CSUF.
Categories: News from Elsewhere
global competition: China and the new world order (book excerpts)George Zhibin Gu 顾志斌: new book: China and the new world order 中国及新世界次序 CHINA AND THE NEW WORLD ORDER: How Entrepreneurship, Globalization, and Borderless Business by George Zhibin Gu November 8, 2006 A New World Order in the Making? Is a new world order in the making? The answer: yes. Up to now, only about 20% of the world's people have attained solid development, growth, and modernity. Now the rest are catching up at an unprecedented speed. This sudden surge in so many late developers suggests a brave new world in the making. Several Key Changes Huge changes are happening, within a vastly expanded sphere for all people and nations. We can identify four in particular. First, wealth making through industrialization and commercialization has become a universal thing. For a long time, products made in the United Kingdom, the United States, and Germany dominated global markets. Today, products made in China, Mexico, Vietnam, and Indonesia, among other developing nations, are increasingly flooding the world, changing the global production map again. Behind this changing map, interestingly, many poor nations have rapidly taken on active roles in the global economy. But their biggest weapon remains low-cost labor, which provides a working platform for cooperation and sharing between the rich and poor nations. Today, most developing nations are extremely limited in resources and strengths. Hence, for them, this cost gap is a survival gap. In fact, other than cheap labor and hard work, they have few advantages. However, it turns out that low labor cost and hard work do make a difference. For now, manufacturing activities, especially in the low end of the value chains, increasingly shift to the poor nations, while the developed nations focus more and more on a service and high-tech-oriented economy. This giant change, though only beginning, will impact the future world economy even more. Second, all regional markets are connected to each other. Interdependence is opening up the old national boundaries dramatically. Most profoundly, the flows of capital, technology, goods, and people have reached a new level. Moving from survival of the fittest to rational collaboration and sharing, life on the earth will never be the same again. Third, wealth making has gained a record-high status. Consequently, old ideology is lost to the new economic waves. This is a truly golden age for capitalists anywhere, who can reach all corners of the world for the first time in human history. Multinationals are gaining unprecedented power in shaping global life. Their share of trade approaches 50% and is still on the rise. Actually, they are warmly courted by all nations, rich or poor. Courting them has become a high art for all governments. The new picture is this: Incentives move the world-not politics, not ideology, not empty words. Fourth, hundreds of millions of ordinary people everywhere have joined the entrepreneurial army. Starting a business is no longer for the privileged few as in the past, especially in the developing nations. Furthermore, individual private initiatives are undermining state domination especially in many less developed nations. This is hugely significant especially given that traditional bureaucratic powers in many developing nations have been strong and abusive. Above all, such changes have happened within a short time, which is possible only in an increasingly globalized world. Naturally, more consequences will follow. Interdependence and Beyond The sudden surge in late developers is bound to create ripple effects. Since well over 5 billion people are involved, development in these countries will be much more influential than ever before. But this new growth for most late developers started from extremely low levels. As a result, achieving full development, growth, and modernity will take a long time. At present, China and many other late developers are still bogged down by countless mighty problems, which make transitions very painful to say the least. Still, there is no way to overestimate the role of the developed world in what is happening. After all, the existing world order is centered on the developed nations. They collectively control most wealth and the biggest markets. As the pie expands, the few rich nations are the biggest beneficiaries. What is more, they continue to act as an engine of growth as well as a catalyst for change. Without doubt, the developed nations will continue to exert the biggest influences as time passes. All things considered, the late developers should continue to learn from the developed countries, whose experiences and lessons are relevant in countless ways. After all, development is a human issue. In many ways, what is happening inside the developing nations simply follows the growth trails of the developed world. For a long time, the idea of learning from the early developers did not get enough attention or even was rejected. Now, more people realize that development experiences are of universal value; this represents a basic change. It is this new spirit of learning that has directly promoted quick growth in many late developers. China is one example of making progress through learning. Challenges Challenges are plentiful as well. The vast development gaps remain a key challenge. New conflicts emerge everywhere. As one example, trade friction has increased sharply even though record-breaking trade has brought unprecedented opportunities and prosperity. To handle trade disputes, nationalistic protectionist measures are still widely used, and there is still a strong Cold War mentality. Furthermore, the vast economic gaps have produced more adverse consequences. In particular, some extremists wish to address their woes by employing violence. The terrorist acts in New York City and London took place largely in this environment, showing, among other things, the urgent need to close development gaps. Only after the underdeveloped nations gain reasonable growth and prosperity will the world walk out of the old traps of poverty and conflict. As a Chinese saying goes, "The way to protect the rich to the fullest is to help the poor gain a better life." Indeed, with a more progressive mindset, the developed world would be able to make more contributions to global development in the next stage. Despite all the imperfections, the convergent movement of global civilizations cannot be reversed. A new world power balance will have to replace the old one. Furthermore, this new world order will emerge gradually and most likely indirectly. This is so simply because military conflicts in the old will no longer do nations any good. Indeed, as more developing nations achieve progress, life on this planet will be more peaceful and rational. This Small Book This book examines China's new lessons and their implications for the world. The aim is to identify the key factors that will promote more positive changes for China and for peoples everywhere. Despite all the changes, China's fundamental weakness is still the overextended, self-appointed bureaucracy, which is inherently self-serving. Moreover, countless government officials employ the unchallenged state power to enrich themselves. In the past five years alone, some 200,000 corrupt officials have been arrested. Unlimited bureaucratic power is the mother of corruption. To abolish this massive bureaucracy remains the number one task for the Chinese civilization. To move ahead, China must rebuild its government, society, and economy completely. So far, China has taken the very first step, the most significant one, in this brave new direction. Getting the job done remains a mighty task. When I wrote this book, I had two convictions. The first was that studying China's new development in relation to global development might help one better understand our changing world as well as opportunities and challenges in the new century. The second conviction was that the lessons from China are universally meaningful, for they concern people's lives as well as development issues. Above all, development is a global issue that affects lives everywhere. This book consists of 26 chapters, which are organized into eight parts: I. China's New Role in the World China and the New World Order: How Entrepreneurship, Globalization, and Borderless Business by George Zhibin Gu © 2006 George Zhibin Gu Author George Zhibin Gu is a journalist/consultant based in China. He has written three other books: 1. China’s Global Reach: Markets, Multinationals and Globalization (Fultus, 2006); 2. Made in China: National and Business Players and Challengers under Globalization and Capitalism (English edition forthcoming, 2007); and 3. China Beyond Deng: Reform in the PRC (McFarland, 1991) 顾志斌 George Zhibin Gu,一位在北美颇为活跃的华人经济学者,最近出了本新书《China And The New World Order(中国及新世界次序)》,之前他曾写过三本书都是关于中国经济的。 books by George Zhibin Gu 这次他从四个方面阐述:首先,中国正在经历工业化和商品化,百姓普遍比过去富裕。商品由长期以来英、美、德国主导,转变为"中国制造"遍天下,墨西哥、越南、印尼等发展中国家追赶的脚步也没有停歇过。许多发展中国家融入到全球经济一体化中来,可悲的是,低成本劳动力是唯一有优势的手段,这似乎成了富国和穷国合作交流的平台。今天,大多数发展中国家资源优势已非常有限,对于我们来说,这是一个生存成本差距悬殊的世界。事实上,除了廉价劳动力和勤奋工作,我们拿得出手的已几乎没有了。原来劳动力成本低、艰苦奋斗曾创造了经济奇迹,现在制造业活动,尤其是价值链低端产业日益转向穷国,发达国家则越来越集中于服务业和高科技,这个巨大改变只是开始,未来将对世界经济发展影响更为深远。 其次,各区域市场的相互连接。开放带来相互依存,更为深刻而富有戏剧性的资金、技术、商品、人才流动达到了一个新水平。 <再次,财富不断创新高,拜金主义所向披靡。这是一个真正的资本主义黄金时代,资本无孔不入可达全球每个角落,在人类历史上这是首次。跨国企业有前所未有的权力——经济霸权。全球贸易份额的50%为跨国企业控制,且仍在增加。其实,各国都在热烈追捧跨国企业,招商引资、经济特区遍地开花。 第四,数以亿计的人加入到创业行列,创业不再为少数人特有。个体、私营经济繁荣。 该书暂无中文版,分八个部分26章,以一个海外人士从旁观角度冷眼审视,不管旁观者清浑,换一个角度看看我们的国家应有些东西可供借鉴,或许对投资大有帮助也未可知。 一. 中国在世界上的新角色 二. 人民币、贸易、投资 三. 中国迅速变化着的社会、政治与经济 四. 中国的银行、保险、股份制改造 五. 中国与跨国公司 六. 台湾问题:时政与趋势 七. 印度与中国:在同一时间迈步前进 八. 日本与中国:历史演进的关系
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Anglogold refutes cyanide leak at Ghana mine
Urgent concerns have been raised by communities in the Wassa district of Ghana over a possible cyanide spill at a nearby mine.
According to a July 21 report by Public Agenda, the communities, who are supported by “the concerned Farmers Association of Teberebie” and “the Wassa Association of Communities Affected by Mining” (WACAM), say the [...]
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I will drink your milk shake I'll drink it up. ERIC W BRAGG HAS A MILKSHAKE WITH HIS GIRL.Eric W. Bragg has finally found true love in San Mateo, California. Eric is a successfull surrealist and author. Here he shares a milkshake with his girlfriend after seeing the movie there will be blood. He was kidding around with his girlfriend saying I will drink your milkshake I will drink it up.
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July 28 Protest Against Police Violence, Unjust ImprisonmentJuly 28 Demonstration to Launch "Uhuru Summer Against State Terror" AS ECONOMIC CRISIS INTENSIFIES, THE AFRICAN COMMUNITY CATCHES HELL – UHURU MOVEMENT INDICTS NUTTER ADMINISTRATION FOR STATE TERROR! What: Protest Demonstration and Press Conference When: Monday, July 28 at Noon Where: The Clothespin, 15th and Market, Philadelphia, PA Contact: Harris Daniels, 857-233-7508
The African People’s Socialist Party and the Uhuru Solidarity Movement in Philadelphia call on all freedom loving people to: · Join their demonstration on Monday, July 28 at NOON · Participate in the “Uhuru Summer Against State Terror” campaign to stand up against the City’s escalating attacks on the African community · Join the Uhuru Solidarity Movement and the International People’s Democratic Uhuru Movement.
“The African community in Philadelphia faces the highest imprisonment and poverty rates in the U.S., and we recognize that these conditions are imposed by the U.S. government and carried out daily by the Nutter administration,” says African People’s Socialist Party Northeast Regional Outreach Director Ajamu Bandele.
Alison Hoehne, Chair of the African People’s Solidarity Committee in Philadelphia says, “We are calling for action and for the white community to speak out against the escalation of attacks against the black community in Philadelphia and around the country. We believe the real violence, and the real crime is the brutal conditions imposed by the City government on black and Puerto Rican communities including: • Police murders of 22 people in 2006 alone – no police have been prosecuted • 50% of black men in Philadelphia are unemployed • Students in Philadelphia schools were under-funded by $4972 per student in 2006, while Lower Merion students were over-funded by $5146 • Only18% of Philadelphians have college degrees, and up to 50% of those in city jails were unemployed when arrested • Over 40% of Philadelphians live below the poverty level
Contact: Harris Daniels, 857-233-7508
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July 28 Protest Against Police Violence, Unjust ImprisonmentAS ECONOMIC CRISIS INTENSIFIES, THE AFRICAN COMMUNITY CATCHES HELL – UHURU MOVEMENT INDICTS NUTTER ADMINISTRATION FOR STATE TERROR!
What: Protest Demonstration and Press Conference When: Monday, July 28 at Noon Where: The Clothespin, 15th and Market, Philadelphia, PA Contact: Harris Daniels, 857-233-7508
July 28 Demonstration to Launch "Uhuru Summer Against State Terror"
The African People’s Socialist Party and the Uhuru Solidarity Movement in Philadelphia call on all freedom loving people to: · Join their demonstration on Monday, July 28 at NOON · Participate in the “Uhuru Summer Against State Terror” campaign to stand up against the City’s escalating attacks on the African community · Join the Uhuru Solidarity Movement and the International People’s Democratic Uhuru Movement.
“The African community in Philadelphia faces the highest imprisonment and poverty rates in the U.S., and we recognize that these conditions are imposed by the U.S. government and carried out daily by the Nutter administration,” says African People’s Socialist Party Northeast Regional Outreach Director Ajamu Bandele.
Alison Hoehne, Chair of the African People’s Solidarity Committee in Philadelphia says, “We are calling for action and for the white community to speak out against the escalation of attacks against the black community in Philadelphia and around the country. We believe the real violence, and the real crime is the brutal conditions imposed by the City government on black and Puerto Rican communities including: • Police murders of 22 people in 2006 alone – no police have been prosecuted • 50% of black men in Philadelphia are unemployed • Students in Philadelphia schools were under-funded by $4972 per student in 2006, while Lower Merion students were over-funded by $5146 • Only18% of Philadelphians have college degrees, and up to 50% of those in city jails were unemployed when arrested • Over 40% of Philadelphians live below the poverty level
Contact: Harris Daniels, 857-233-7508
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Mukasey to Congress: Defy the Rule of LawMukasey to Congress: Defy the Rule of Law - by Stephen Lendman Along with other past and present administration officials, Attorney General Michael Mukasey supports |