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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (149114)6/12/2019 6:48:52 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 219621
 
hello Philv, I observer and figure ...

(1) 6:40am and am in office in Central. I am usually an early-toned-early-to-rise sort. I normally quit the office at between 1:00/2:00pm. The bus passed by Admiralty, the center of the protest where much of the government offices are, along with the upmarket Pacific Mall and its four contiguous hotels Conrad, Marriott, Shangri-la and Upper House.

The scene of yesterday's protest is populated by ~20 police, 0 demonstrators, and a TV crew of 4.

(2) Unlike the earlier Umbrella Movement / Occupy Central (2014) which paralysed parts of HK, this current event may not physically paralyse HK.

Believe the organisers are aware that whilst the general population of HK, of which I am one and including all taxi drivers, supports the overarching aims of protest, we are not for violence, paralysis, and stoppage of revenue.

We are also more balanced than the youth on the streets.

We were supportive of the 2014 episode up to and until violence and destruction of property broke out.

We believe it is good and proper to show cause, demonstrate resolve, and display gumption, to keep the officialdom on toes and hooks, but not alright to hurt people and to destroy property.

In 2014 the taxi drivers first and rightly expressed support for the students, and then, also correct, turned against the residual core radicals who tee-ed up violence.

(3) Yesterday at around 9:30am we viewed youth collecting bricks by destroying sidewalks. The violence broke out at 3:30pm. So, at the street level, the police best do their duty to protect property, free up traffic paralysis, and go into anti-riot mode.

Protest and riot are metaphysically different. One right, and the other wrong.

(4) Away from the street level, the extradition treaty, whilst necessary but can wait.

Fact is both China and America try and do grab people from Hong Kong.

Hong Kong has an extradition treaty w/ America, and Hong Kong should have an extradition treaty w/ China. America tried to extradite Snowdon, and righteous people in HK helped Snowdon escape to Russia.

Hong Kong is a city of China, albeit one with some exceptional features, and given that we regularly have violent and white collar criminals escape to China mainland, we best have a way to get at them.

The issue with the treaty is w/ the fact the mainland China can get at folks they want from Hong Kong.

The truth is that anyone the Beijing central government want they can get irrespective of treaty or no treaty, and last year we had a person of interest wheeled out of the Four Seasons Hotel, voluntarily :0) and the bank he looted was taken over this year.

The troublesome feature of the treaty is that provincial and municipal authorities can also request extradition from HK of folks they wish to get at, to which my automatic response to them would be, "who the tfjytrvewq are you, and blow it out of your oi2kl,fc"

(5) So, I do believe it is important to try to stop the treaty passage through the legislative process, and note there are a lot of weak-kneed politicians needing a lesson by the people for the people.

At the end of the day I may be disappointed, and chalk up one more disappointment point. I was similarly disappointed when HK, after many years of foot dragging, finally agreed to the USA / OECD banking KYC protocol, which also severely encroached on freedom.

(6) I am aware that the whole world is going to cr@p, but it is a question degree / extent, velocity / acceleration.

I am for a HK that keeps the stuff I have high, going higher, and maintains the stuff I need low and going lower. There is a natural conflict between what I want and what I wish, and so I tweet and tune the portfolio to adjust ballast.

(7) So yesterday I gave my assistant dispensation from office duties so that she accompanied her daughter to the protest, but alerted her to head home at 3:00pm.

(8) Hong Kong cannot be independent from mainland China. Full stop.

(9) Hong Kong can pivot, leverage, and play to advantage to do better than all. Whatever Hong Kong does, best to try maintaining status of being the freest in this galaxy of this universe. Let's see if Hong Kong does so. The effort is delicate.



To: philv who wrote (149114)6/12/2019 7:04:01 PM
From: TobagoJack1 Recommendation

Recommended By
SirWalterRalegh

  Respond to of 219621
 
I find much to agree with below cited article

and I note I am still pressing ahead w/ my case against the police, and at this stage got them all twisted up in knots, and they are already in trouble irrespective of which way they twist

- false arrest
- tempering w/ evidence
- false police statement
- perjury
- obstruction
- telling of untruth in course of investigating police wrong-doing
- destruction / loss of original forensic evidence of open case, after I had alerted the Commissioner that he must secure the original forensic evidence

I have been self-working the case by interacting w/ the complaint against police office and independent police complaint council since 2013. the move to checkmate-in-three is near at hand, and all in writing on official stationary. may god have mercy own their souls.

I love Hong Kong. If I were in the USA or Canada or Singapore or China or Japan r Macau or Taiwan, I would not bother.

In HK I have a good chance. The offence I was arrested for, tried, convicted of by Magistrate Court and cleared by High Court involve invisible 'damage' on an old car roof.

zerohedge.com

As Hong Kong Refuses To Bend The Knee... Authored by Simon Black via SovereignMan.com,

Sun Tzu, the legendary Chinese general of the 6th century BC Zhou Dynasty, famously wrote in the Art of War:

“When you engage in actual fighting, if victory is long in coming, then men’s weapons will grow dull and their ardor will be damped. If you lay siege to a town, you will exhaust your strength.”

Modern day governments understand this principle very well. And that’s lesson #1 I want to discuss today.

If you’ve turned on a television, seen a newspaper, or casually browsed the Internet today, you probably saw some startling news about more protests erupting in Hong Kong.

I told you about this earlier in the week when I was on the ground there– over a million people took to the streets to demonstrate against a Draconian new law that the Hong Kong government is proposing which aims to make it easier to extradite political dissidents to mainland China.

People in Hong Kong are militant about their freedom, and they’re refusing to bend the knee over this proposed law.



Yet the government is still pressing ahead despite overwhelming opposition. So much for representative democracy.

Other governments around the world have spoken out about it, including even the United States, which issued a statement expressing “grave concern” about the law.

(I’m sure Julian Assange and Edward Snowden are still in disbelief that Uncle Sam has a problem with the extradition of political dissidents…)

But… China understands its Sun Tzu very well. This is a siege. Foreign governments, media, and people in Hong Kong are all attacking against this proposed legislation.



However, the attackers will eventually exhaust their strength.

All of these foreign governments will go back to minding their own problems. The people in the streets will go home. The media will grow tired of reporting on the story and turn their attention to Donald Trump’s latest Twitter rant.

China just needs to be patient and wait for its enemies to exhaust their strength. And then, one day when everyone has been worn down by life’s distractions, they’ll pass the law.

Time is on their side. Protests and demonstrations only delay the inevitable.

There’s a second lesson that’s come out of these Hong Kong protests that I want to discuss today, and it’s about the police.

People are in the streets of Hong Kong to voice their disgust over this bill… and the police are right there with them, firing tear gas into the crowds.



We like to think that the cops’ sole purpose is to catch criminals and put them in jail.



But these images out of Hong Kong are a stark reminder that, even more important than catching criminals, their ultimate fealty is to the political class and ruling elite... to protect the government from the people, instead of the other way around.




To: philv who wrote (149114)6/15/2019 5:58:52 AM
From: TobagoJack1 Recommendation

Recommended By
dvdw©

  Read Replies (2) | Respond to of 219621
 
Done Message 32198417 per expectation.

So wonderful, to hold faith w/ for the people by the people street-democracy that is freedom Hong Kong.

Sunday should be exceedingly peaceful, celebration, and joyous for the people, and Monday should see the market index up, barring agitators, bad-actors, knaves, and scoundrels.

Fantabulous.

reuters.com

Breakingviews - Beijing yields to Hong Kong’s financial clout HONG KONG (Reuters Breakingviews) - Beijing has yielded to Hong Kong’s unique economic status. Carrie Lam, chief executive of the special administrative region, on Saturday indefinitely suspended a bill that would have allowed extradition to the mainland, responding to mass rallies and violent street protests that rocked the city. It’s a defeat for her, and leaves the central government embarrassed. But for the Chinese Communist Party, preserving Hong Kong’s financial role still trumps the desire for more political control.

Lam took office in 2017, and is considered a reliable Beijing loyalist. Pushing through the extradition bill, however, came from her, she said. Either way, the central government endorsed it enthusiastically as well.

Yet the strength and breadth of the protests caught both Lam and Beijing off guard. The backlash was not confined to democracy advocates, much less to a radical minority that began calling for independence after the Occupy movement in 2014. It extended to anyone who distrusted the Chinese legal system. In the end, that seemed to be almost everyone.

Some tycoons began moving funds out of Hong Kong to Singapore in advance of the bill’s passage, Reuters reported, a hint of the outflows before the 1997 handover from Britain. And not only did the pro-Beijing camp fail to mobilise against the demonstrations in force – as it did in 2014 - the conservative business community began expressing public doubts about the agenda almost immediately. Financial markets wobbled. Worse still, U.S. politicians threatened to re-evaluate Hong Kong’s unique status, which could affect everything from visas to trade.

Hong Kong’s economy was a quarter the size of the mainland’s in the early 1990s. That share has now shrunk to single digits, yet it accounted for about 12% of China’s exports last year. It is also the largest single source of realised foreign direct investment to China, accounting for more than half the total as of the end of last year, plus portfolio flows into its equity markets via the Stock Connect programmes.

Its stock exchange gives mainland companies an independent channel to international capital outside of New York or London. That allows China to maintain internal capital controls without starving its firms of hard currency or foreign investment. The CCP may close its ears to popular discontent, but Saturday’s surrender - assuming the bill remains shelved - shows it clearly listens to money.

Breakingviews
Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.