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To: TobagoJack who wrote (55122)	10/29/2004 5:34:10 PM
From: carranza2	Read Replies (1) \| Respond to of 74559

There seemed to be agreement in the restaurant on the 25th floor of the Hong Kong Mandarin Oriental that Kerry will win, and will make no difference to the 'real problems', because the problems are real; Hate to disappoint, Jay, but I've rubbed my Mojo, asked it all the right questions, got an answer indicating that these American mandarins at the Mandarin Oriental were simply wrong. Nope. Kerry is going to lose. A simple fact. Call me stupid if Mojo is wrong.

To: TobagoJack who wrote (55122)	10/29/2004 10:25:05 PM
From: Maurice Winn	Respond to of 74559

Thanks for the report on your meeting Jay. You got this right: <the Americans lost the understanding of freedom and confused it with rights, as in, 'Hong Kong is the best place to live. We have freedom here; what you got are rights'.> It's a subtle distinction of great impact on individuals' lives. Fred on Everything comments, in various essays - have a look around fredoneverything.net that the USA is not free in the old sense of the word. New Zealand is rapidly aping the USA too, as it has with so many other things. Our rights are increasing as our freedoms are removed. I am not in the slightest surprised that a bunch of USA money hunters couldn't care less about Taiwan, and have their beady little eyes focused on what they can get out of China. Americans, including Prescott Bush, made good money selling to the Nazis. Until the ugly philosophical foundations underpinning Nazism collapsed the whole game. Long-run profit needs to be built on good philosophical foundations. Sure, it's only 23 million Taiwanese. Heck, who cares about so few? Throw them to the wolves. But megalomania grows in strength with each such victory. Genghis Khan spread right across to Europe once upon a time. Once they got on a roll, there was no stopping them. Mqurice

To: TobagoJack who wrote (55122)	10/30/2004 2:13:07 AM
From: Taikun	Read Replies (2) \| Respond to of 74559

<private equity returns going forward will be low, partially because the broad public equity returns for the next umpteen years will be in the low single digit range.> Yale, one of the first institutional investors to book big returns in private equity (after which many followed as we know) began cutting back on private equity allocations in 2002. Considering it takes 5-7 yrs for the avg deal to create liquidity (either M&A or IPO) they obviously forsee something not very positive. Bankruptcy, the only other exit from a private equity deal, does not generate the returns your acquaintance achieved ;) David Swensen, Yale's original CIO, has written an interesting book on private equity for institutions. I watch Yale

To: TobagoJack who wrote (55122)	10/30/2004 2:23:04 AM
From: elmatador	Respond to of 74559

My hat is off for you Jay! <<Americans lost the understanding of freedom and confused it with rights>> First you know that I don't like the nation-state, neither I like governments. 1) I have angered many foreigners by telling about "rights for this and rights for that" they have on their countries. And I think it must already have dawned on you, long time ago, that diplomacy is not one of my strong points. 2) I mentioned, on other conversations, about people who has not known what freedom is, and when they get it, they don't know what to do with it. They just screw up real good. And I have a 21-year experiency living outside Brazil and I know how other foreigners fare out there. 3) I lived and worked most of the time with Germans. That people need laws and regulations, for every simple and small thing and they got and amazing amount of "rights for this and rights for that" (). Why? Because they don't know what common sense is. For me common sense is something that you don't have to write a contract, you don't have to ask the government to pass a law, and you don't need that bunch of guys who gang up togetherto 'defend' any rights. CONCLUSION: There are limited people around the world, who are limited in terms of gray mass, and they need an apparatus to arrange the world around them in such way that works and make sense for them. But because those countries with 'law and order' and other apparatuses of control, remove freedom from their citizens, and freedom is messy, they perform economically better, because order is good for the economy. And the masses love it. In this respect, Lee Yew of Singapore, US, Germany, Suharto's Indonesia and Mahatir's Malaysia, are no different. Then there are countries with a lot of freedom but they have not had stellar economic progress, 'wirtschaftwunder' but the people there, perhaps, have different priorities and prefer freedom. Among them, are some who prefer economic progress and emigrate. () Porsche, the carmaker, is now trying to end a right of 5 minutes break every hour for the asembly line workers have.

To: TobagoJack who wrote (55122)	10/30/2004 1:34:27 PM
From: brian h	Read Replies (2) \| Respond to of 74559

""As to Taiwan, there were no discussions, because it is an irrelevancy, an afterthought that no one ever got around to, a way-stop to China manufacturing, and a political entity fast nearing its expiration date. Had it come up during the lunch conversation, it would, amongst the Republicans, been a nuisance.""" You ask the wrong people (Americans) for Taiwan issue. You should only talk to them about money and Iraq, etc. You again tried to find something to fit your words. Read more from Ms. Zhang. Only Chinese like Ms. Zhang and her 13 billion Chinese care about Taiwan issue. Ask Mr. Hu and Mr. Wen. The first sentence they talked to other country leaders is "I am the China. Taiwan is mine.". End of the conversation. Of course I understand you are not Chinese. :-)That is why you think "Taiwan issue" is a nuisance. Though I do not think it is that important either. Then again you are not included in Ms. Zhang's 13 billion Chinese that do care about Taiwan issue. OOPs. Maurice. We just found another clone Chinese who does not have the same thinking like Ms. Zhang.:-) BH