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Former Chinese President Asks Current One To Curb Crackdown On Criminals And Corruption
When one reads stories such as the following report from the FT, in which we learn that former Chinese president Jiang Zemin "has urged the current leadership to rein in an anti-corruption campaign that is proving the harshest in decades and is seen as threatening the interests and networks of some Communist party elders", or said otherwise - his cronies, aside from being utterly speechless at the rapid unravelling of the bizarro world, all one can say is - expect such developments in the US in a few years time, when then former president Obama asks Clinton, Christie or whoever the then-reigning dictator of the totalitarian states of America is, to take it easy on the Corzines of the world.
Mr Jiang, who stepped down as president of China in 2003 but retained control of the military for a further two years, has sent a clear signal in the past month to Xi Jinping, the president, according to three people familiar with the matter. Mr Jiang sent a message saying “the footprint of this anti-corruption campaign cannot get too big” in a warning to Mr Xi not to take on too many of the powerful families or patronage networks at the top of the party hierarchy.
Former President Hu Jintao, who was replaced by Mr Xi a year ago, has also expressed reservations about the anti-corruption drive and warned his successor not to expand it too far, according to one person involved in executing the campaign.
President Xi has made tackling corruption and official largesse the centrepiece of his presidency, vowing to tackle powerful “tigers” (high-ranking officials) as well as “flies” at lower levels in the bureaucracy.
...
Apart from concerns about attacks on their patronage networks, Mr Hu and Mr Jiang are worried that a campaign that lasted too long and was too harsh could erode support among the Communist party’s rank and file and threaten the stability of its rule.
Using corruption allegations to purge a high-ranking official is a time-honoured tradition for new presidents in China.
Obivously China's oligarchs, or at least those among them who were true to Zemin if not so much to Jinping, are starting to sweat bullets if they have resorted to such an unprecedented appeal in public media which naturally will reflect as weakness on the current president if he relents, which probably means the crackdown will only accelerate in the coming months.
This is important because as we have reported previously, as a result of Xi's "anti-corruption" campaign, Chinese domestic demand has fallen precipitously in recent months, and has gone so far as to reverberate across the global economy where the Chinese have become the de facto marginal consumer of luxury goods and services.d
[T]he length and severity of the current campaign has had more of an impact on behaviour than in the past, according to business people and officials, who say that conspicuous consumption is off the agenda these days.
Most global luxury companies have reported declining Chinese sales of their products, which have been favoured as gifts and bribes for officials for years.
In the past few weeks, producers of high-end spirits like Diageo, Pernod Ricard and Rémy Cointreau have reported double-digit first-half collapses in sales in China and have explicitly blamed Beijing’s austerity drive for their woes.
In other words, please tolerate China's criminals otherwise who else will buy overpriced Chanel bags, while wearing just as overpriced Louboutin shoes and chugging Cristal.
And since in the US it's increasingly "only fair" to redistribute wealth, the Chinese definition of "fairness" increasingly involves the stretching of the term justice, which is applicable to most... just not the uber wealthy criminals that built up their stolen wealth during some previous administration.
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Corporate Communism's founding priciple *is* corruption, just look at the United States.
"erode support among the Communist party’s rank and file and threaten the stability of its rule."
In other words, if the 'wrong' people are punished, it will discourage the next generation of looters and pillagers, because they will fear they are subject to the law!
And where's the incentive to play within the current set of rules, then?
expect such developments in the US in a few years time, when then former president Obama asks Clinton, Christie or whoever the then-reigning dictator of the totalitarian states of America is, to take it easy on the Corzines of the world.
You mean like this?
http://www.theguardian.com/commentisfree/2012/aug/31/obama-justice-depar...
On 16 April 2009, Obama himself took the first step in formalizing the full-scale immunity he intended to bestow on all government officials involved even in the most heinous and lethal torture. On that date, he decreed absolute immunity for any official involved in torture provided that it comported with the permission slips produced by Bush department of justice (DOJ) lawyers which authorized certain techniques.
Or this?
http://www.theguardian.com/commentisfree/2013/jan/23/untouchables-wall-s...
Lanny Breuer was recently seen announcing that the banking giant HSBC would face no criminal prosecution for its money laundering of funds for designated terrorist groups and drug networks on the ground that the bank was too big to risk prosecuting
Can we all get it through our heads now that corruption IS the normal state, not some rare exception to an otherwise lawful existence? Without corruption the whole system would collapse in a matter of days.
This article is a rare peek behind the curtain. A perfect little parable about how the world REALLY runs. A bit embarassing it's getting such light traffic here on ZH.
The curtain is one of those cheap (toxic) translucent plastic Walmart shower curtains, you know, the ones that bend light enough to blur, but no more. In other words, they're not even bothering to hide it. Just like the Walmart shower curtain, they only way to not see is to not look.
A crapton of buttwipes being paid NOT to look...
"seen as threatening the interests and networks of some Communist party elder"
Much like the reason we struggle to hold back Eric Holder...
oh,...wait
Fucking chinese communist cartoon.
16T in debt to build a 6T economy. Enjoy the ride assholes!!!!!!!
People in glass houses .......
Absolutely. The US is not excused - that fucking moron in the WH and his band of fucking theives should be fucking jailed.
China is just a bigger shit show - much bigger and the way the fuck-stream media reports on these fucking communist assholes, it's like they are the future of the global economy - hardly.
China had 110M in 1776, the US had 13M. Didn't work then. Won't work now. The systems are entirely different.
He resembles and elderly Ted Wassanasong from King of the Hill, or maybe a Chinese Mister Magoo.
It's a big shit show, but at the highest levels of the pyramid, our scumbags make theirs look like complete amateurs.
Off shore advisors do you think they all want to use?
Apropos perhaps....taken halfway in
Come senators, congressmen
Please heed the call
Don't stand in the doorway
Don't block up the hall
For he that gets hurt
Will be he who has stalled
There's a battle outside
And it is ragin'
It'll soon shake your windows
And rattle your walls
For the times they are a-changin'.
Come mothers and fathers
Throughout the land
And don't criticize
What you can't understand
Your sons and your daughters
Are beyond your command
Your old road is
Rapidly agin'
Please get out of the new one
If you can't lend your hand
For the times they are a-changin'.
The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin'
And the first one now
Will later be last
For the times they are a-changin'
http://www.lyricsfreak.com/b/bob+dylan/the+times+they+are+a+changin_2002...
Is this the new Chevy commercial?
hey, promises were made, promises have to be kept
Promises will be broken
I doubt there will ever be such an overt attempt to stop crony capitalism in the US. Plenty of small fry and/or innocents will be sacrificed, however.
Is the new leader about to have a hot tub accident?
That would be interesting.
Consider the references to "tigers" and "flies." Chinese culture is loaded to the gills with animal symbolism. The tiger is a predator, associated with wealth and power; flies are pests linked to shit and carrion. Xi is touching the public desire for reform on a mystical level that doesn't mean much to westerners. Implicit is the suggestion that he means to go after corruption at different levels of society. To Chinese elites, the message may suggest something to do with fraternal groups, the public records for which are generally vague. It is clear that the place of masonry has not always been a stable one in Chinese history, but membership at the highest level has been associated with significant leaders over the last century, as it has in America. There and here, we see hints of conflict between powerful groups behind the scenes.
What good is masonry in a Country prone to earthquakes? Doesn't matter to which masonry I'm referring to here.
Surelly a country that had one clinton/2 bush as president and possible another clinton in short term, is basically a failed state. Chinas politicians are small fry next to war criminals US has been having for presidents.
True, but the Bushes and Clinton are just the frontmen (and most likely the Clinton frontwoman in 2016). The real real power lies elsewhere, in the shadows.
How can you prosecute Erik Holder for conspiracy, lies and fraud when he is the Attorney General in charge of prosecution? -You can't!
Crashing the American and world economy would mean that the Bankster/Big Oil criminals would be brought to Justice. The conspirator criminal gang will throw the entire world into war rather than be brought to Justice.
Maybe Putin, the new leader of the Free World, will save us from the fascistic criminal bullies! Maybe China and Russia together will clamp down on the international criminals first!
How many brainwashed stupid American people still believe that the USA has a Free Enterprise System (free from monopolies) capitalist economy and Democracy (government of, for and by the People) for government?
Since Nüwa and Fuxi are back, maybe they should be bringing it up with them and starting to clean up a little themselves.
I think this is linked with the vatican bank story.
the entire global financial system is based on lies and deception. the key is that only a tiny fraction of the population is legally untouchable... what Jiang Zemin is complaining about is that Xi might be getting to close to hitting some of the untouchables and should back off.
Old crooks vs new crooks. Off-shoring the loot makes it harder to resteal.
The problem is no one puts bullets in these guys heads...therefore there is no reason to fear the consequences
In case you didn't notice "these guys" are in the position they are in because THEY "put the bullets" in other people's heads.
Most people don't "do bullets". That's why "most people" hope their society has a functional honest government, because without one you've just got a mafia.
they only fear lead...nothing else...prison doesn't teach lessons
Fredo, you're my older brother, and I love you. But don't ever take sides with anyone against the Family again. Ever.
The greatest form of justice comes from the barrel of a righteous man's gun.
Arrest Eric Holder for conspiracy to commit treason against the United States of America. Impeach Obama for working for the NWO and criminal banksters.
I doubt this needs said here but fuck me,
Colour me fucking shocked, what else did you expect?
Criminal, psychopathic, nation destroying cunts, spring immediately to mind.
If you know what I mean like.
https://chinaview.wordpress.com/2012/06/29/how-jiang-zemin-and-son-profi...
This article is only partly true - yes, every Communist cadre uses his connections to enrich himself and his family. In a way, its also required - if everyone around you is dirty, you won't be trusted unless you engage in the same behavior
But also, the "hunt" for corrupt officials is also a political tool. The present Chinese Government will naturally target its enemies for investigations. That is what Jiang zemin is hinting at - don't go overboard with the show-trials. Not good for the country, not good for the Party - and the hidden warning - it might not end well for you either.
Is there no difference between this and the bureaucrats during China's imperial era? Everyone tried to be in the bureaucracy so that can enrich themselves. It is funny how this is played out in different places and in different eras all over the world. Humans have a history of concentrating power in order to fuck the person below them.
This article is only partly true - yes, every Red & Blue Team sociopath uses his connections to enrich himself and his family. In a way, its also required - if everyone around you is dirty, you won't be trusted unless you engage in the same behavior
But also, the "hunt" for corrupt officials is also a political tool. The present Team in power will naturally target its enemies for investigations. That is what ____________ is hinting at - don't go overboard with the show-trials. Not good for the country, not good for the Teams - and the hidden warning - it might not end well for you either.
How about this:
World wide moment of "truth" where all assets are accounted for and their legitimacy proven. Discrepancy hearings held on TV. Seizure, forfeiture, and penalties voted on by the TV audience. barred from voting are those facing hearings and those who have watched more than one show of Bachelor, Bachlorette, real Housewives, etc. or are members of a celebrity fan club.
Chinese only learnt from the US. LBJ took it easy on Nixon for undermining LBJ administration's efforts to end Vietnam War to defeat him in elections, Carter on Reagan for dealing with Iranians to delay release of the hostages. Again to defeat carter in elections, Obama on Bush for waging war on and war crimes.
Re.. Former Chinese President Asks Current One To Curb Crackdown On Criminals And Corruption...
AP Correction follows....
On her trip to China, Michelle - on behalf of 'Big O', Eric, Jamie & Lloyd - asked the Chinese President To Curb Crackdown On Criminals And Corruption (especially as it might relate to branches of US domiciled Institutions)
Stop colluption plobe before you find pathway back to me....
The Chinese president demanding a crackdown on criminals and corruption is like Obama demanding that people always be able to show a birth certificate.
Confucius say:
Man who squat by roadside has crack down on curb.
...some are more equal.
sneaky fuckers
Why the crack down now? a scapegoat is going to be needed for the massive credit bubble that the government has let build up, much better to deflect the blame to a few greedy crooked company CEO's for the soon to be experienced crash.