Comments on: Worker’s Paradise: Chinese Communist Officials Under Fire For Frolic With State Funds http://jonathanturley.org/2008/12/06/workers-paradise-chinese-communist-officials-under-fire-for-frolic-with-state-funds/ Res ipsa loquitur ("The thing itself speaks") Tue, 14 Feb 2012 07:25:51 +0000 hourly 1 http://wordpress.com/ By: Former Federal LEO http://jonathanturley.org/2008/12/06/workers-paradise-chinese-communist-officials-under-fire-for-frolic-with-state-funds/#comment-30416 Sun, 07 Dec 2008 03:54:30 +0000 http://jonathanturley.org/?p=6117#comment-30416 Chinese officials have learned well the “party hardy” rules from their AIG colleagues and the Bush Administration. Our ‘ways’ are attractive to the Chinese in more ways than one…

From the Washington Post: ‘QUITE ATTRACTIVE’

“AIG’s insurance assets in Asia, especially in China, are quite attractive to Chinese insurers that are eager to increase market share and expand overseas,” said Peng Yulong, analyst at Guotai Junan Securities Co.”

Don’t even get me started on how many billions of dollars we are ‘in hock’ to the Chinese government and the taxpayer bailout money they will get one way or the other.

Foreign owners of US Treasury Securities:
Mainland China $585 billion or 20.45%

From : .treas.gov/tic/mfh.txt

]]> By: Former Federal LEO http://jonathanturley.org/2008/12/06/workers-paradise-chinese-communist-officials-under-fire-for-frolic-with-state-funds/#comment-30415 Sun, 07 Dec 2008 03:48:38 +0000 http://jonathanturley.org/?p=6117#comment-30415 Chinese officials have learned well the “party hardy” rules from their AIG colleagues and the Bush Administration. The Chinese find our ‘ways’ quite attractive in many ways…

From the Washington Post:

‘QUITE ATTRACTIVE’

“AIG’s insurance assets in Asia, especially in China, are quite attractive to Chinese insurers that are eager to increase market share and expand overseas,” said Peng Yulong, analyst at Guotai Junan Securities Co.”

Don’t get me started on how many billions of dollars we are ‘in hock’ to the Chinese government and the taxpayer “bailout” money they will get one way or the other.

Foreign owners of US Treasury Securities:

Mainland China $585 billion or 20.45%

http://www.treas.gov/tic/mfh.txt

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