No 442 “En mi opinión” Julio 28, 2013 ‘IN GOD WE TRUST’
Lázaro R González Miño Editor email@example.com,
NO OBSTANTE ESTE REPORTE NEGATIVO SOBRE MIAMI, DESPUES DE VIVIR EN ELLA POR MAS DE 50 AÑOS, SIGUE SIENDO LA CIUDAD QUE MAS ME GUSTA PARA VIVIR. ADEMAS POR SU GRAN FUTURO PARA EL QUE QUIERA PROGRESAR EN LA VIDA.
APLICANDO LA LEY Y PROGRAMAS A TRAVES DE LOS MEDIOS EN INGLES Y ESPAÑOL MEJORARIAN ESOS DATOS.
27 julio 2013
Miami tiene a los peores conductores de Estados Unidos, según reporte
Un escritor de Slate ha reunido números para sacar a la luz algo que muchos de nosotros ya sabíamos:Miami tiene a los peores conductores del país.
Brian Palmer, del Slate, examinó los reportes de seguros, de kilometraje y de accidentes y encontró que Miami califica como “primero en muertes por accidentes automovilísticos, atropellamientos de peatones y enfrentamientos verbales de auto a auto”.
Y peor aún, los conductores de Philadelphia ni siquiera se acercaron a lo mal que está Miami, según el Slate.
Los conductores en el suburbio de Hialeah fueron los terceros peores, con lo que Palmer describe como“una terrible tendencia de atropellar a los peatones”.
Aquí se ubicaron las muertes de peatones en Hialeah entre 2001-2009, según Transportation For America:
Un estudio de 2012 realizado por Allstate, empleado para las métricas de Palmer, halló que los conductores de Hialeah tienen 77 por ciento más probabilidades de involucrarse en un accidente –sobre el promedio nacional de una “colisión de auto” cada 10 años– mientras que los conductores de Miami tiene 58.4 por ciento más probabilidades de ello.
Y ahí no queda la historia. Otra ciudad de Florida se ubica en cuarto lugar en el reporte de Palmer.Mira la historia completa aquí (en inglés).
Pero Palmer no es el único en señalar a Florida.
Transportation for America recientemente clasificó a las áreas más peligrosas para los peatones y halló que cuatro ciudades de Florida fueron las cuatro peores del país.
Las cosas son peores en Florida del Sur.
La Florida Highway Patrol recientemente lanzó números que muestran que Miami-Dade tuvo la mayor cantidad de atropellamientos y huídas (hit-and-runs) del estado en 2012—con la impresionante cantidad de 35 por día, lo que equivale a casi 13,000 al año.
Muy peligroso andar por las calles en Miami, ¿no?
Relacionado en HuffPost Voce
COLUMNA DE Ricardo Samitier.
La Falsa CONTINUA… No importa que el jurado lo declaró inocente¿Quiénes Están Interesados…
En Que Continué la Falsa… Del “Negrito Trayvon Martin” No Pueden Perder El Trabajo Hecho Y “La Cara” De Obama…
¿Cuanto Le Habrán Pagado A La Jurado Y A Su Abogado?
Para Que Dijera Que Ella Creía Que Fue Asesinato…
Y Pedirle Perdón A La Mamá De Trayvon…
La Jurado Tenia Tanto Miedo A Incriminarse Que Fue Con Su Abogado a la Entrevista… Para “Garantizarse” Que No Iba INCRIMINARSE Mientras “COBRABA DINERO” Por Poder CONTRADECIRSE… Y decir Que Zimmerman es “CULPABLE… Pero la ley lo protegió…”
He Aquí Lo que No Se Dice En La Entrevista:
- 1. La Gran Mayoría del Pueblo Norte Americano… No Sabe que las NOTICIAS DE LA
TV… Están controladas por HOMOSEXUALES y COMUNISTAS que ODIAN A USA.
- Ese es el motivo por el cual la ESCOGIDA para hacer esta noticia es la CONOCIDA LESBIANA Robin Roberts… Quien como todos los ABERRADAS SEXUALES son Socialistas a morirse…
- Toda la entrevista es para demostrar que el sistema judicial NO ES JUSTO… miren La cara de satisfacción (en la foto debajo) de la Lesbiana Roberts cuando escucho que Zimmerman es Culpable pero la ley lo salvo…
- 4. Esta entrevista fue anunciada como “El Primer Jurado De Zimmerman Que Habla” eso Vale MUCHO DINERO… pues aumenta la audiencia…
- 5. ABC debía de declarar CUANTO LE PAGARON a la Jurado Y a Su abogado… y quien Fue el investigador que la visito para hacerle la OFERTA…
Satisfecha Que Cumplió Su Misión Entrevista Con Abogado… ¿Para Qué?
Esta Noticia Esta En La RED… Pero ABC… Aun No Lo Ha RECONOCIDO
Robin Roberts y su ESPOSA / ESPOSO (Nunca se sabe pues ambas para satisfacerse hacen Lo MISMO) Storm Sahara se casaron en junio 1 del 2013 en el salón de FIESTA del condominio donde viven, con unos pocos amigos cercanos y familiares.
La pareja está discutiendo actualmente una adición a su familia. Existen serias conversaciones sobre una adopción. A pesar de que Storm tiene una hija de 13 años que parece ser esta tan feliz y igual de emocionada que la pareja…
La pareja también está hablando de hacer un libro de contar todo acerca de los detalles de su relación en los últimos 5 años. No hay fecha para la publicación… quizás ese libro salga después de la nueva adición a la familia…
El artículo de Diego Quirós Sr.
COMERCIO Y VIAJES A CUBA
Me pregunto si algun cubano que haya salido en busca de Libertad ha podido olvidar las humillaciones, los desmanes, la miseria y las violaciones sufridas a todos sus Derechos durante el poco o mucho tiempo que haya vivido bajo la tirania marxista de Castro.
¿ Es que acaso, ese cubano dispuesto a visitar la Isla donde el verdugo que mantiene esclavizado a todo un pueblo, solo trajo a tierras de Libertad el estomago para llenarlo y el cuerpo para vestirlo, pero dejo en la Isla cautiva: sus convicciones ?
¿ Puede llegar el grado de masoquismo a ese extremo ?
No, no, no, mientras dure esa tirania en la que un dia hicieron alianza la crapula y los ineptos, nosotros no podemos entrar de rodillas. Mientras sigan dirigiendo los destinos de nuestra Patria los asesinos de tantos hermanos. Si fueramos, seria para reclamar justicia, pero no para disfrutar junto a ellos, las bellezas de nuestro Pais.
Esa belleza que hoy se confunde con la trizteza y el sufrimiento, esa belleza que se opaca con la miseria y la discriminacion a los mas humildes, esa belleza que se convierte en dolor al ver a los jovenes vendiendo lo unico que poseen: Su Cuerpo, para poder comer. Esa belleza se pierde al saber que son muchos los que tratan de escapar de la realidad, unos por medio del suicidio y otros a traves del alcohol porque han perdido la ilusion y la esperanza.
Vas a visitar una nacion que condecora con grados de coronel a asesinos que lo unico que aprendieron fue a matar y regocijarse viendo caer al indefenso. Vas a visitar una nacion que ha creado un hombre nuevo sin dignidad, sin sentimientos y sin valores. Ese hombre nuevo es la clonacion de Castro y compañia. Vas a visitar una Isla ( que aunque nacistes alli ), esta gobernada por un tirano que un dia te convirtio en apatrida. Pudiera recordarte todo el dolor que ha causado el tirano en esa Isla a la que yo tambien amo tanto…..
A Cuba nada, a Cuba no hay que ir mientras esos bastardos esten en el poder.
Negociar con Cuba o visitarla es ser complice y colaborador de la opresion.
Diego Quiros, Sr.
Cuba…aquel adios, no fue una despedida,
alli deje mi juventd y deje mi infancia,
estan mis sueños, y a pesar de la distancia
alli quedan ilusiones que deje escondidas.
Deje a mis padres, mis hermanos y mis amigos,
deje a mi pueblo que sufre latigazos y miseria,
y sufre de la chusma y del marxismo y de la histeria.
Cuba…abandone la tierra, pero te lleve conmigo.
Y a pesar de la ausencia en aquella despedida,
y a pesar de los años, del cansancio y la espera
en mi brazo sigue en alto, la antorcha encendida
para un nuevo amanecer en mi pueblo inmortal
sin la hoz ni el martillo, una sola Bandera
y como unico himno,… el Himno Nacional.
20 de Mayo,2001
WND NEWS ANALYSIS
MORE RACIAL VIOLENCE ERUPTS IN GREENSBORO
‘This is incredible, the rate at which things are escalating’
Published: 14 hours ago
COLIN FLAHERTY Will You Boldly Proclaim“I am a Christian”? Sign the pledge now!billygraham.org/I-am-a-Christian (Editor’s note: Colin Flaherty has done more reporting than any other journalist on what appears to be a nationwide trend of skyrocketing black-on-white crime, violence and abuse. WND features these reports to counterbalance the virtual blackout by the rest of the media due to their concerns that reporting such incidents would be inflammatory or even racist. WND considers it racist not to report racial abuse solely because of the skin color of the perpetrators or victims.) Videos linked or embedded may contain foul language and violence.
I get a lot of tips on black mob violence from WND readers around the country. Some I know about. Some I do not. Some are true. Some are not.
- Teaching Human Rights?Official United For Human Rights Online Curriculum. Sign Up!HumanRights.com
- Buffett’s Top 5 StocksThese 5 stocks make up 75% of his firm’s portfolio. Free picks.www.StreetAuthority.com
Many are from cops. Lots and lots of cops. Here’s a message this morning from a Texas cop, a 20-year veteran and a regular correspondent on the topic of black mob violence:
“This is incredible, the rate at which things are escalating. On the streets, out here, the attitude is one of entitlement which i haven’t seen.”
I get that from cops all over the country. Even Greensboro, N.C.
This morning, my email and twitter streams were full of information about Greensboro. The conversations kind of went like this:
“Did you hear about the black mob violence in Greensboro?” asked one reader.
“You mean the Fourth of July where hundreds of black people filled the downtown both before and after the fireworks? Fighting. Destroying property. Defying police. Violating curfew? Where it got so bad they had to use pepper spray?”
“No, not that one.”
“Oh you mean the run up to the Fourth of July?” I asked. “When in the weeks prior to fireworks they had several incidents including one where 400 black people were in the streets fighting. On video. Destroying property. Defying police. Where it got so bad they had to use pepper spray and stun guns?”
“No, not that one either.”
Those were so bad the city council met in an emergency meeting the day before the Fourth of July to impose a curfew in the downtown. Maybe the WND readers were referring to last year.
“Are you talking about the Fourth of July last year?” I asked. “Where 1,000 black people filled the downtown after the fireworks. Fighting. Destroying property. Assaulting people. Defying police. Where it got so bad they had to use pepper spray and stun guns?”
“No, not that either.”
I still had a lot of material to work with. Much of it from “White Girl Bleed a Lot: The return of racial violence and how the media ignore it.” (New and improved edition soon out on WND Books.)
I use Greensboro as an example of a small, nice place with lots of black mob violence that few people know about. I pressed on:
“You mean before that, where a local TV station reported that “every weekend” in June leading up the Fourth of July last year featured large-scale black mob violence downtown? Fighting. Destroying property. Assaulting people. Defying police. Where it got so bad they had to use pepper spray and stun guns?”
“No. Not those either.”
I wasn’t going to ask about the Greensboro concerts, parties and other public events that also feature large scale black mob violence. So much so that city council considered banning them.
But the city council did not. Even the 11 p.m. curfew the city council imposed in a near panic for this year’s Fourth of July almost did not make it. At least one city council member said the curfew was not fair because it targeted black people.
That council member ended up supporting the curfew. But no one knows what would have happened had she decided to make a bigger deal out of it. But she assured them she would not be playing “the race card.”
Only one speaker belled the cat and identified the rioters as “black kids.” The other council members said the large scale violence was not really the fault of the people involved anyway. They placed the blame variously on jobs, housing, poverty, lack of recreation, lousy parents. All the usual.
They did have a midnight basketball program, several council members said. And that seemed to be working just fine. But their idea to hold a free movie downtown, and invite all the disaffected youths, as they did a month ago?
Let’s just say they won’t be doing that again.
Finally I Googled it and looked it up on Twitter: “Large fight Greensboro.”
There it was. Thursday night. More than 200 black people at a party. Fighting. Destroying property. Firing guns. Assaulting people. Fighting cops.
All about half a mile outside of the downtown curfew zone. Six people were arrested.
Some in Greensboro took to the message boards to register their disgust with the lawlessness and anarchy that flourishes in their town on a regular basis.
“Keep up and Greensboro will be just another Detroit,” said one poster called OneLonesomeDove at the WXII TV news site.
“Was this black mob violence?” asked another. “If it was, you need to say so, and not be afraid of the repercussions.”
It was, said several people both in an out of the Greensboro police department. Whatever the repercussions may be of talking about black mob violence , Greensboro is seeing what happens when people do not talk about it.
None of the comments was posted at the local daily paper, the News & Record.
“Comments have been disabled,” is all the paper had to say about that.
Read more at http://www.wnd.com/2013/07/more-racial-violence-erupts-in-greensboro/#ieLHE5ElCY2TwECP.99
Obama Administration Considering Government Shut-Down Strategy
Carol Platt Liebau | Jul 26, 2013
The Washington Post reports that some Obama administration officials are pushing for a confrontational budget strategy that would likely result in a government shut-down. In one scenario, the president would refuse to sign any funding measure that didn’t roll back the sequester.
No doubt the administration officials advocating such a course are remembering the heady days of the Clinton administration, when the GOP’s decision to shut down the government effectively resulted in their losing control of the narrative that had swept them to power.
But there are reasons for Democrats to be cautious; history may not repeat itself. For one thing, Newt Gingrich’s shoot-from-the-lip tendencies allowed the 1995 shut down to be portrayed as the result of his personal pique for having to deplane from the back of Air Force One. For another, Bill Clinton hadn’t taken the country on a massive spending spree, or proposed budgets that do nothing more than impose hitherto unimaginable (and dangerous) levels of debt on our country for years to come.
Finally, President Obama has hurt his own credibility with specious Chicken Little claims that the sky would fall if the sequester went into effect. What’s more, don’t forget that in 2011, Obama threatened to vet any attempts to undo sequester cuts(yes, of course, that was before the election!) — and no doubt we’d hear more about that hypocrisy.
Perhaps the President intends to force a shut-down anyway, figuring that, as always, his friends in the press will deem it another “good idea” and spin it his way, thus firing up low-information voters before the the 2014 elections. But he should bear in mind that, like the sequester (and so much else) this spring, things may not work out exactly as he hoped. http://townhall.com/tipsheet/carolplattliebau/2013/07/26/obama-administration-considering-government-shutdown-n1650158
Robert A. Hall is an actor. He plays the coroner on CSI if you watch that show. He also is a Marine Vietnam War veteran, but does not mention that he had his legs blown off in that war. Enviado por Enrique Enriquez.
“I’m 63 and I’m Tired”by Robert A. Hall
I’m 63. Except for one semester in college when jobs were scarce and a six-month period when I was between jobs, but job-hunting every day, I’ve worked hard since I was 18. Despite some health challenges, I still put in 50-hour weeks, and haven’t called in sick in seven or eight years. I make a good salary, but I didn’t inherit my job or my income, and I worked to get where I am. Given the economy, there’s no retirement in sight, and I’m tired. Very tired.
I’m tired of being told that I have to “spread the wealth” to people who don’t have my work ethic. I’m tired of being told the government will take the money I earned, by force if necessary, and give it to people too lazy to earn it.
I’m tired of being told that I have to pay more taxes to “keep people in their homes.” Sure, if they lost their jobs or got sick, I’m willing to help. But if they bought Mc Mansions at three times the price of our paid-off, $250,000 condo, on one-third of my salary, then let the left-wing Congress-critters who passed Fannie and Freddie and the Community Reinvestment Act that created the bubble use their own money to help them.
I’m tired of being told how bad America is by left-wing millionaires like Michael Moore, George Soros and Hollywood Entertainers who live in luxury because of the opportunities America provided to them. In thirty years, if they get their way, the United States will have:
1. the economy of Zimbabwe ,
2. the freedom of the press of China
3. the crime and violence of Mexico ,
4. the tolerance for Christian people of Iran
5. the freedom of speech of Venezuela ..
I’m tired of being told that Islam is a “Religion of Peace,” when every day I can read stories of Muslim men killing their sisters, wives and daughters for their family “honor”; of Muslims rioting over some slight offense; of Muslims murdering Christian and Jews because they aren’t “believers”; of Muslims burning schools for girls; of Muslims stoning teenage rape victims to death for “adultery”; of Muslims mutilating the genitals of little girls; all in the name of Allah, because the Qur’an and Sharia’s law tells them to.
I’m tired of being told that “race doesn’t matter” in the post-racial world of Obama, when it’s all that matters in affirmative action jobs, lower college admission and graduation standards for minorities (harming them the most), government contract set-asides, tolerance for the ghetto culture of violence and fatherless children that hurts minorities more than anyone, and in the appointment of U.S. Senators from Illinois.
I think it’s very cool that we have a black president and that a black child is doing her homework at the desk where Lincoln wrote the Emancipation Proclamation. I just wish the black president was Condi Rice, or someone who believes more in freedom and the individual and less arrogantly in an all-knowing government.
I’m tired of being told that out of “tolerance for other cultures” we must not complain when Saudi Arabia uses the money we pay for their oil to fund mosques and madras Islamic schools to preach hate in America, while no American group is allowed to fund a church, synagogue or religious school in Saudi Arabia to teach love and tolerance.
I’m tired of being told I must lower my living standard to fight global warming, which no one is allowed to debate. My wife and I live in a two-bedroom apartment and carpool together five miles to our jobs. We also own a three-bedroom condo where our daughter and granddaughter live. Our carbon footprint is about 5% of Al Gore’s, and if you’re greener than Gore, you’re green enough.
I’m tired of being told that drug addicts have a disease, and I must help support and treat them, and pay for the damage they do. Did a giant germ rush out of a dark alley, grab them, and stuff white powder up their noses while they tried to fight it off? I don’t think gay people choose to be gay, but I #@*# sure think druggies chose to take drugs. And I’m tired of harassment from “cool” people treating me like a freak when I tell them I never tried marijuana.
I’m tired of illegal aliens being called “undocumented workers,” especially those who aren’t working, but living on welfare or crime. What’s next? Calling drug dealers, “Undocumented Pharmacists”? And, no, I’m not against Hispanics. Most of them are Catholic, and it’s been a few hundred years since Catholics wanted to kill me for my religion. I’m willing to fast track citizenship for any Hispanic who can speak English, doesn’t have a criminal record and who is self-supporting without family on welfare, or who serves honorably for three years in our military. Those are the kind of citizens we need.
I’m tired of the trashing of our military by latte liberals and journalists, who would never wear the uniform of the Republic themselves, or let their entitlement-handicapped kids near a recruiting station. They and their kids can sit at home, never having to make split-second decisions under life and death circumstances, and bad mouth better people than themselves. Do bad things happen in war? You bet. Do our troops sometimes misbehave? Sure. Does this compare with the atrocities that were the policy of our enemies for the last fifty years and still are? Not even close. So here’s a deal for those folks. I’ll let myself be subjected to all the humiliation and abuse that was heaped on terrorists at Abu Ghraib or Gitmo, while the critics of our military can be subject to captivity by the Muslims, who tortured and beheaded Daniel Pearl in Pakistan, or the Muslims who tortured and murdered Marine Lt. Col. William Higgins in Lebanon, or the Muslims who ran the blood-spattered Al Qaeda torture rooms our troops found in Iraq, or the Muslims who cut off the heads of schoolgirls in Indonesia because the girls were Christian — then we’ll compare notes. British and American soldiers are the only troops in history that civilians came to for help and handouts, instead of hiding from in fear.
I’m tired of people telling me that their party has a corner on virtue and the other party has a corner on corruption. Read the papers; bums are bipartisan. And I’m tired of people telling me we need bipartisanship. I live in Illinois , where the “Illinois Combine” of Democrats has looted the public treasury for years. Not to mention the tax cheats in Obama’s cabinet.
I’m tired of hearing wealthy athletes, entertainers and politicians of both parties talking about “innocent” mistakes, “stupid” mistakes or “youthful” mistakes, when all of us know they think their only mistake was getting caught.
Speaking of poor, I’m tired of people with a sense of entitlement who have air-conditioned homes, color TVs and two cars called poor. The majority of Americans didn’t have that in 1970, but we didn’t know we were “poor.” The poverty pimps have to keep changing the definition of poor to keep the dollars flowing.
I’m real tired of people, rich or poor, who don’t take responsibility for their lives and actions. I’m tired of hearing them blame the government, or discrimination or big-whatever for their problems.
Yes, I’m tired, but I’m also glad to be 63, mostly because I’m not going to have to see the world these people are making. I’m just sorry for my granddaughter.
Robert A. Hall is a Marine Vietnam veteran who served five terms in the Massachusetts State Senate.
There is no way this will be widely publicized, unless each of us sends it on!
UPDATE: China Will Trade Debt for US Land…
January 21, 2013
CHINA POISED TO PLAY DEBT CARD – FOR U.S. LAND
Communist nation could control American land as ‘development zones’
by JEROME R. CORSI
EDITOR’S NOTE: Barack Obama’s involvement in the DeMar Second Amendment case was previously reported in Chapter 7 of Jerome R. Corsi’s “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty.”
NEW YORK – Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work?
That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.
Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.
Yu Qiao, a professor of economics in the School of Public Policy and Management at Tsighua University in Beijing, proposed in 2009 a plan for the U.S. government to guarantee foreign investments in the United States.
WND has reliable information that the Bank of China, China’s central bank, has continued to advance the plan to convert China’s holdings of U.S. debt into equity owned by China in the U.S.
The Obama administration, under the plan, would grant a financial guarantee as an inducement for China to convert U.S. debt into Chinese direct equity investment. China would take ownership of successful U.S. corporations, potentially profitable infrastructure projects and high-value U.S. real estate.
Jerome Corsi exposes the globalists’ plan to put America on the chopping block in “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” available at WND’s Superstore.
The plan would be designed to induce China to resume lending to the U.S. on a nearly zero-interest basis.
However, converting Chinese debt to equity investments in the United States could easily add another $1 trillion to outstanding Obama administration guarantees issued in the current economic crisis.
As of November 2012, China owned $1.17 trillion in U.S. Treasury securities, according to U.S. Department of Treasury and Federal Reserve Board calculations published Jan. 16.
Concerned about the unrestrained growth in U.S. debt under the Obama administration, China has reduced by 97 percent its holdings in short-term U.S. Treasury bills. China’s holding of $573.7 billion in August 2008, prior to the massive bank bailouts and stimulus programs triggered by the collapse in the U.S. mortgage market, dwindled to $5.96 billion by March 2011.
Treasury bills are short-term debt that matures in one year or less, sold to finance U.S. debt. Holdings of Treasury bills are included in the $1.17 trillion of total Treasury securities owned by China as of November 2012.
In addition to a national debt in excess of $16 trillion, the U.S. government in 2010 faced over $70 trillion in unfunded obligations, including Social Security and Medicare benefits scheduled to be paid retiring baby boomer retirees in the coming decades, with unfunded obligations showing no sign of being reduced with Congress at a deadlock over reducing federal government spending.
Yu Qiao observed that if the U.S. dollar collapsed under the weight of proposed Obama administration trillion-dollar budget deficits into the foreseeable future, holders of U.S. debt would face substantial losses that the Financial Times estimated “would devastate Asians’ hard-earned wealth and terminate economic globalization.”
“The basic idea is to turn Asian savings, China’s in particular, into real business interests rather than let them be used to support U.S. over-consumption,” Yu Qiao wrote, reflecting themes commonly suggested by Chinese government officials. “While fixed-income securities are vulnerable to any fall in the value of the dollar, equity claims on sound corporations and infrastructure projects are at less risk from a currency default,” he continued.
The problem is that, in a struggling U.S. economy, China does not want to trade its investment in U.S. Treasury debt securities, with their inherent risk of dollar devaluation, for equally risky investments in U.S. corporations and infrastructure projects.
“But Asians do not want to bear the risk of this investment because of market turbulence and a lack of knowledge of cultural, legal and regulatory issues in U.S. businesses,” he stressed. “However if a guarantee scheme were created, Asian savers could be willing to invest directly in capital-hungry U.S. industries.”
Yu Qiao’s plan included four components:
China would negotiate with the U.S. government to create a “crisis relief facility,” or CRF. The CRF “would be used alongside U.S. federal efforts to stabilize the banking system and to invest in capital-intensive infrastructure projects such as high-speed railroad from Boston to Washington, D.C.
China would pool a portion of its holdings of Treasury bonds under the CFR umbrella to convert sovereign debt into equity. Any CFR funds that were designated for investment in U.S. corporations would still be owned and managed by U.S. equity holders, with the Asians holding minority equity shares “that would, like preferred stock, be convertible.”
The U.S. government would act as a guarantor, “providing a sovereign guarantee scheme to assure the investment principal of the CRF against possible default of targeted companies or projects”.
The Federal Reserve would set up a special account to supply the liquidity the CRF would require to swap sovereign debt into industrial investment in the United States.
“The CRF would lessen Asians’ concern about implicit default of sovereign debts caused by a collapsing dollar,” Yu Qiao concluded. “It would cost little and help the U.S. by channeling funds to business investment.”
Read more at:
China boosts US investment to all-time high; seeks more
Although all the news about Chinese investment in the U.S. has focused on the deals that don’t get done, Chinese investment in the U.S. is at an all-time high.
The Chinese are making headlines around the word for hungrily acquiring energy and resource companies in countries such as Canada, Africa and Latin America.
In the United States, the single largest Chinese investment to date is far more mundane: movie theaters. And to a large extent, that type of acquisition explains the broader story about China’s strategy when it comes to U.S. investment.
AMC Theaters, previously owned by a group of U.S. private equity firms, is now a division of Dalian Wanda of China—a huge entertainment conglomerate that spent $2.6 billion in 2012 on the theater chain.
It’s no accident that the largest U.S. purchase so far is for a company as non-controversial as AMC. Chinese businesses—many of them government-owned—have repeatedly been rebuffed by the U.S. government when trying to buy American firms that control natural resources or advanced technology.
Despite all the negative headlines, Chinese investment in the U.S. hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013, according to Rhodium Group, which does detailed tracking of Chinese investment. The Heritage Foundation says the U.S. was the single biggest recipient of Chinese overseas investment last year, eclipsing Australia for the first time.
“We are in the midst of a structural growth story that will transform the China-U.S. investment relationship from a one-way street into a two-way street,” says Thilo Hanemann of Rhodium.
CNBC profiled three Chinese-owned companies in the U.S. in order to explore what kind of deals and investments are getting done, and the motivations behind them.AMC Theaters, International Vitamin Corporation, and China Construction of America represent a cross-section of Chinese-owned firms.
Jianlin Wang, chairman of Dalian Wanda, which bought AMC, wants his company to reach $100 billion in revenue by 2020, up from the current $30 billion. While his home market China is the fastest growing movie market in the world, he’ll still need overseas acquisitions to achieve his goal.
“The acquisition of AMC is just the start,” says Wang, and “probably before the end of the year we may complete one or two more deals.” He says he expects to spend another $7 billion in the U.S. by the end of this decade.
International Vitamin Corporation, of Freehold, N.J., came into being after a Chinese company bought the vitamin assets of Inverness Medical from private equity in 2010. CEO Steven Dai says the investors (he’s one of them) have pumped “upwards of hundred millions of dollars into the company,” since then—improving its IT backbone, expanding warehouse capacity, and increasing the number of employees from 280 to 400, all in the U.S.
(Read More: Will China Buy Up Greece’s Best Assets?)
Dai, the only Chinese employee, says buying an American company made the most sense because the U.S. has a highly developed, multi-billion dollar, nutritional market “which constantly grows every year.” Of the three companies that spoke to CNBC, the one with the longest history in the U.S. is China Construction of America, a wholly owned subsidiary of China State Construction Engineering Corporation (CSCEC) that had $500 million in revenue in 2012. Although publicly traded in Shanghai, CSCEC shares are majority owned by the Chinese government, making China Construction of America part of what’s known as a State-Owned Enterprise.
China Construction set up shop here in 1985 because the U.S. was the world’s largest construction market at the time. Why are they still doing business here, when China is now larger and growing faster? Geographic diversification, CEO Ning Yuan tells CNBC, in case the home market falters.
The company has been successful at bidding for state-level and municipal projects such as public schools in South Carolina and New York State transportation projects such as the $407 million Alexander Hamilton bridge rehabilitation.
But Yuan expressed frustration at not being able to qualify for larger federal projects—what are known as “P3s”—Public Private Partnerships. The U.S. Department of Transportation requires companies to become prequalified before bidding on P3s. Despite numerous attempts, Yuan says they’ve never been prequalified. “I think that’s happened not only to a Chinese company but also to some other foreign companies,” he said. “I would say that it is a little bit political.”
That may be true. Firms owned by the Chinese government are perceived as having unfair advantages, such as access to cheaper financing from Chinese banks, which are also government-owned. Yuan rejects the notion, saying Chinese banks charge them market rates that are comparable to any other multinational bank.
While there may be critics at the federal level, the mood is the opposite at the state level. New Jersey’s lieutenant governor has visited IVC’s headquarters, and has asked CEO Dai to speak to other visiting Chinese executives to convince them to invest in N.J. as well.
Chairman Wang says that while members of Congress may be worried, officials at the state, city and municipal level “are quite welcome to Chinese investment, because such investment can create job opportunities and boost economic development.”
To be sure, even though Chinese investment is at a record level, it is still relatively small compared to the size of the U.S. economy. According to the Heritage Foundation, total Chinese investment in the U.S. since 2005 stands at $54 billion, compared with an overall wealth stock in the U.S. of $60 trillion.
The Heritage Foundation marks the starting point of China’s overseas acquisitions with the 2005 purchase of IBM‘s computer business by Lenovo for $1.74 billion. Not only was it a transformational transaction for IBM, it heralded the arrival of the Chinese investor.
But 2005 also marks the year of the highest-profile rejection of a Chinese purchase—when CNOOC (China National Offshore Oil Company) tried to purchase Unocal of California for $18.5 billion. The mere announcement of the deal created so much Congressional controversy that Unocal accepted a lower bid rather than risk U.S. government rejection of the CNOOC offer.
China has never again attempted such a large energy acquisition in the U.S. even though it has done numerous major energy deals elsewhere in the world.
In the U.S., Chinese energy investments have been limited to minority stakes and joint ventures, including Sinopec’s $2.2 billion investment last year in some of Devon Energy’s venture plays, and a $1 billion investment for part ownership of some of Chesapeake’s shale gas properties.
In 2012, President Obama rejected a Chinese purchase of four Oregon wind farms due to their proximity to a U.S. naval drone-testing site. Additionally, a congressional report last year eviscerated two Chinese telecom companies eager to do business in the United States, Huawei & ZTE; members of Congress came very close to accusing the two firms of spying on behalf of the Chinese government.
The next key moment comes when AIG, the insurance company, finds out if it will be allowed to sell most of its aircraft leasing arm to a Chinese consortium for $4.8 billion. The deal was announced in December, and if finalized, would eclipse the AMC theater purchase.
The Committee on Foreign Investment in the United States, the government agency that vets foreign deals for security concerns, has yet to sign off on it.
China Seeks To Use Tennessee Mountains, U.S. Land For Economic Gain
June 03, 2013 James Moreland
Every year, alarming amounts of U.S. dollars leave the ever-shrinking American economy and go to China. This huge transfer of wealth has resulted in dramatic effects for both the U.S. and China. For China, it’s brought about an economic boom. For the United States, an economic decline.
One thing that has contributed to this decline is the fact that China has loaned the U.S. government over a trillion dollars. This is just part of the $3.2 trillion in converted currency reserves China has hanging over our heads. Effectively, this debt has silently granted the Chinese government an alarming amount of leverage over our economy. In addition, China has also started to buy up businesses, real estate and natural resources all over the United States. In all actuality, one has to wonder if China’s end goal is to infiltrate the U.S.
The United States has stumbled into a rather vulnerable position due to the agreements we have with China. In the years since our relationship with the communist country began, the U.S. has witnessed an ever-growing Chinese presence in our states. Even more worrisome is the fact that the Chinese government is using their Favored Nation Status as an economic weapon against the United States to benefit their own economy at the expense of our own. A prime example of this is a recent move on China’s part to acquire the coal beneath Tennessee’s mountains. They aim to blow up Tennessee mountains for the coal it would result in.
A Wall Street Journal MarketWatch article from last May that revealed China-based Guizhou Gouchuang Energy Holdings Group said it had raised $616 million in a private placement to be used mainly to acquire and develop Triple H Coal Co. in Jacksboro, Tenn. “That would make Guizhou Gouchuang the first Chinese company to invest in coal in the U.S.”
China is not limiting their infiltration merely to Tennessee’s mountains and coal, though. The Chinese Central Bank also currently has a plan in the works that would set up other “development zones” on U.S. soil.
Richmond, a suburb in Vancouver, Canada, is North America’s most Asian city. Fifty percent of the residents there are Chinese. In Michigan, a group called “Sino-Michigan Properties LLC” has already bought 200 acres of land near the town of Milan to build what they call a “China City.” In Idaho, a Chinese company called “Sinomach” is interested in developing 50 square miles of self-sustaining technology zones south of the Boise airport. They are also looking at land in Michigan, Ohio, and Pennsylvania to set up research and development bases and industrial parks.
In addition to buying up American land, Chinese shipping companies have also been purchasing important ports in Long Beach, California and Boston, Massachusetts.
If something isn’t done soon to take the U.S. off of the path we are on, we will continue to see Chinese companies infiltrating and purchasing U.S. land until eventually we find ourselves working for the Chinese government, instead of United States businesses. Spread the word and contact your congressmen and women. Demand a change from our leaders to restore America. Send this letter to your congressional representative and to five of your friends and ask them to do the same!
Weiner’s a Problem but Huma Abedin is a Bigger Problem
“THE FREEDON NEVER IS FREE”
“En mi opinión” Lázaro R González Miño Editor ‘IN GOD WE TRUST’