hummer purchase will not get done because the bid is a straw bid for publicity sake. should it turn out to be a genuine effort to buy ...
will it get approved? silly question. if to be bought genuinely with true private money w/o on-shore bank debt, sure, the guy can easily buy off-shore and requires no approval, and can move whatever or not on-shore if necessary. should the purchase involve on-shore debt, doubt it, because there are many stakeholder interests involved other than any lead-purchaser.
btw, the usa govt is way bigger than china govt. just look at true tax bite as percentage of puffed-up gdp.
to count state enterprise, especially the revenue earning and economic profit-generating such, and they mostly are, as govt is naive. is it better to have a profit earning sinochem that is partially publicly listed than to nurse a crippled gm and a bleeding to death aig as part of govt? you choose.
<<And you now my view of HK's freedom. You get it ONLY so long as it serves the interests of Bejing and the Chinese people>>
maybe, perhaps not, in any case, we get, and you do not, end of story and full stop. it amuses me that you submit to the obvious with such reluctance as it must be bitter for you, that, whatever the case, you are not the freest if at all in the universe and not the wealthiest in the galaxy :0)
<<HK is a glittering gilded cage in a very large labor camp>>
some cage, where anyone can send and receive any amount to and from anywhere at all times, and many can choose which one of 2-4 passports to travel for which ever trip, for however long, without being burdened with exit tax - you have some interesting ideas about cages ;0)
<<The Chinese government SHOULD be afraid of its people. I wouldn't blame them for another Tiananmen square, or larger.>>
i am counting on the fear. i think all govts should be fearful of the people they rule, as if the govts are simply sertvers. you obviously think otherwise, foolishly, it shows by your fascist tendencies, and you will learn much as a direct result.
<<Again.. you've pointed out the wealth disparity in the US, so I think it's fair to reveal what it is in China?>>
no idea, because it does not appear to be a topical issue as all real incomes are rising, and would not be an issue as long as all real incomes are rising. it would only become an issue when the pie shrivels, as it may at some natural point, perhaps a life time away from this date. for china is still extremely young in its super debt cycle.
<<But we also have a political mechanism and tools to deal with governmental and corporate abuses, if only we'll get motivated enough to use them>>
... they mises.org had the tools as well , were smarter, backed their currency with real estate as opposed to a slogan, and at the sorry end, channeled their motivation to more satisfying use we now know as the french revolution ;0)
guess what? their politicians were no slouch, and in the aggregate more learned and eloquent than any that can be produced by universal suffrage which trends to the sorry mean, because election cycle cannot substitute for trial by fire, and career politicians with inane legal training is only good at generating still more paper offering no solutions.
tj
p.s. are we agreed that the bigger the govt, the greater the evil?
|
