China is the Model for US Billionaires, Crony Corporatists and Authoritarian Kleptocrats

Brian4Liberty

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Is the US-China Trade War a Cold War? (w/ Kyle Bass and Gen. Robert Spalding)



Amazing revelation of what many have suspected for decades. The corrupt crony elite want the China model. Authoritarianism with no representation for the peons, a secretive kleptocracy with crony corporatism running the world.

Around the 17:00 mark:

Prevalent in financial and corporate circles, US billionaires say: “Democracy is dead, China has a far better model”.
 
Interesting video. Many subjects covered, including fentanyl and organ transplants being Chinese Communist Party money makers, and concentration camps.
 
Why work for billions when you can simply steal it by being in the right position? There is so much Chinese dark money stored offshore in the hands of corrupt officials, it would make Jeff Bezos blush.
 
Why work for billions when you can simply steal it by being in the right position? There is so much Chinese dark money stored offshore in the hands of corrupt officials, it would make Jeff Bezos blush.
Bezos definitely has his hands in some of that Chinese dark money as well.
 
Hedge-fund billionaire Ray Dalio says investors shouldn't ignore investing opportunities in China even after recent market turmoil

Billionaire investor Ray Dalio told Bloomberg that opportunities in China and Singapore can't be neglected.

The founder of Bridgewater Associates - the world's largest hedge fund - spoke about how his personal investments and family office's philanthropic efforts have been focused on the region.

"It's a part of the world that one can't neglect and not only because of the opportunities it provides but you lose the excitement if you're not there," Dalio said when asked about his family office's plans in the region. "And so our objective is to be there both economically and investment-wise."
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Dalio has been bullish on the region for some time. In July, he said Beijing's regulatory crackdown on its tech economy shouldn't spook investors, and added that both US and Chinese stocks should be included in one's portfolio.
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More: https://www.msn.com/en-us/money/oth...a-even-after-recent-market-turmoil/ar-AAOe4V9

Billionaire Investor Ray Dalio Compares Communist China’s Human Rights Abuses To US
DECEMBER 2, 2021 By Jordan Boyd

Ray Dalio, the founder of Bridgewater Associates, one of the biggest hedge funds in the world, not only said he will continue to do investing in communist China despite its human rights abuses — but also compared the authoritarian regime to the United States.
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Dalio seemed unbothered by communist China’s authoritarian track record. “I can’t be an expert in those types of things,” Dalio said. “The guidance of the, you know, the government is the most important thing.”

Dalio then turned the question on its head and suggested that if he shouldn’t invest in China due to its human rights abuses, maybe he shouldn’t invest in the U.S. either.

“I look at the United States and I say, well, what’s going on in the United States? And should I not invest in the United States because other things and our own human rights issues or other things, you know?
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Dalio, seemingly annoyed, responded with a defense of the communist regime’s practices based on a description given to him by a communist official.

“Look, you want to get into the policy of disappearing people? I’ll give a little bit of a perspective of that, OK? What they have is an autocratic system, and one of the leaders described it, he said that ‘the United States is a country of individuals and individualism. And that’s what it’s about.’ He said in China, it’s an extension of the family. He said if you look at the word ‘country’ in China, it consists of two characters: ‘state,’ ‘family.’”

Dalio claimed this background makes China a “top-down” country and compared the methods of the communist regime to that of a “strict parent.”
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More: https://thefederalist.com/2021/12/0...s-communist-chinas-human-rights-abuses-to-us/
 
Why work for billions when you can simply steal it by being in the right position? There is so much Chinese dark money stored offshore in the hands of corrupt officials, it would make Jeff Bezos blush.

^^^spot on^^^ It's all over the planet.

https://finance.yahoo.com/news/china-cash-flowed-congo-bank-220133166.html

(Bloomberg) -- The Chinese businessman had walked out of a bank in Kinshasa with 13,624 hundred-dollar bills, 10,001 fifties and 43,000 smaller U.S. notes, despite explicit instructions to prevent it from happening.

“The account has finally been emptied,” Yvon Douhore, head of an in-house audit team in the capital of the Democratic Republic of Congo, wrote in an email that day, July 5, 2018, after noticing the withdrawal. “I’m at a loss for words,” a colleague replied the next day.

The previous month, Groupe BGFIBank’s compliance department in Congo had frozen accounts held by the businessman’s firm, Congo Construction Co., or CCC, because the client file was missing key documents, according to bank records. A history of transactions reviewed by Bloomberg News as part of the biggest leak of financial information from Africa showed an even bigger issue: its political connections.

Over a five-year period, tens of millions of dollars flowed through CCC’s accounts to people and companies closely associated with Congo’s then-president, Joseph Kabila, all at a bank partly owned by his sister and run by his brother, Selemani Francis Mtwale. But a series of scandals had forced the lender’s parent company in Gabon to reconsider its embrace of the presidential family.
 
Ray Dalio: U.S. should follow Chinese example on wealth redistribution

Connecticut’s richest resident is calling on the U.S. to follow the example of China’s communist government and redistribute wealth among its population.

According to a Bloomberg report, Ray Dalio, founder of the $150 billion Westport-based hedge fund Bridgewater Associates, insisted that the U.S. and other Western nations misunderstand the goals of Chinese President Xi Jinping in creating more opportunity by having government spread prosperity.
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More: https://westfaironline.com/144195/r...low-chinese-example-on-wealth-redistribution/
 
Billionaire investor Chamath Palihapitiya says ‘nobody cares’ about Uyghur genocide in China

WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China.

During a 90-minute episode, Palihapitiya told co-host Jason Calacanis on their “All-In” podcast that he would be lying if he said that he cared about the Uyghurs, an ethnic Muslim minority in China’s northwest region of Xinjiang.

“Every time I say that I care about the Uyghurs, I’m really just lying if I don’t really care. And so, I’d rather not lie to you and tell you the truth, it’s not a priority for me,” said Palihapitiya, a venture capitalist who owns 10% of the NBA team the Golden State Warriors.
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Calacanis: His [President Biden’s] China policy, the fact that he came out with a statement on the Uyghurs, I thought it was very strong.

You know, it’s one of the stronger things he did, but it’s not coming up in the polls.

Palihapitiya: Let’s be honest, nobody, nobody cares about what’s happening to the Uyghurs, okay? You bring it up because you really care. And I think that’s really nice that you care but ...

Calacanis: What? What do you mean nobody cares?

Palihapitiya: The rest of us don’t care. I’m just telling you a very hard truth.

Calacanis: Wait, you personally don’t care?

Palihapitiya: I’m telling you a very hard truth, okay? Of all the things that I care about. Yes, it is below my line. Okay, of all the things that I care about it is below my line.
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More: https://www.cnbc.com/2022/01/17/cha...ody-cares-about-uyghur-genocide-in-china.html
 
How Big Tech elites are helping China achieve global supremacy
By Peter Schweizer - January 22, 2022

Blinded by their ambition, Silicon Valley elites are helping Communist China achieve their ultimate goal: “Technology supremacy” over the West.

“Science and technology is a national weapon,” President Xi Jinping has said. “We should seize the commanding heights of technological competition and future development.”

To accomplish this goal, Beijing has created “civilian-military fusion,” which means any technological advance in the civilian market must be applied directly to the military sphere. And they have effectively courted and seduced many powerful people in America’s tech industry to willingly, and sometimes enthusiastically, play along.

FACEBOOK

In 2015, the Obama Administration held an official State Dinner at the White House for China’s Xi. The East Room was decorated in peach and pink roses. The crowd included two hundred elite guests from the world of government and business. Among them was Mark Zuckerberg, the young-looking cofounder of Facebook, and his wife, Priscilla, who was seven months pregnant. When Zuckerberg finally got his chance to see the guest of honor face-to-face, he made an unusual request: would the communist dictator give his child his Chinese name?

Xi, understandably surprised by the request, declined, saying it was “too great a responsibility.”

It was not the first time the Facebook cofounder had gushed over Chinese officials.

In late 2014, a high-ranking Chinese official named Lu Wei made a trip to Silicon Valley. Lu was a Communist Party hack, the former deputy head of the Propaganda Department of the Communist Party of China. President Xi had recently appointed him to head the “Central Leading Group for Internet Security and Information.” In short, Lu was China’s Internet czar, with the Orwellian job of restricting access to certain ideas and monitoring the flow of information.

The Chinese government had given him plenty of tools to do his job. In 2013, they created a law making it a crime to spread rumors online; if a post deemed untrue received more than five hundred reposts, the original poster could be sentenced to up to three years in prison.

But when Lu visited Facebook’s California headquarters in Menlo Park, Zuckerberg treated him like a VIP. The Facebook head gave him a tour of the new Frank Gehry–designed campus, which boasted the “largest open floor plan in the world.” Later, the two retreated to Zuckerberg’s private office. Lu sat in the CEO’s chair, took a few pictures, and then spotted a familiar book sitting on Zuckerberg’s desk. “The Governance of China” is a 515-page tome containing the speeches and comments of President Xi.

Why was such a book sitting on a capitalist’s desk? Zuckerberg explained to his guest that he bought the book for both himself and his staff as a guide. “I want to make them understand socialism with Chinese characteristics,” he said.
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How the tech giants did not see the obvious espionage risk to their plans is a mystery. Or maybe they saw it and did not care.

GOOGLE

At the heart of Google’s business strategy is an unquenchable thirst for data, and their dealings in China show they cannot resist tapping any vast resource offered to them.

In 2017, Google announced the opening of an AI research facility in Beijing. The Google AI China Center would include “a small group of researchers supported by several hundred China-based engineers.”

The head of the venture for Google, Fei-Fei Li, explained, “I believe AI and its benefits have no borders.”

The research at the Google AI China Center includes machine learning that would classify, perceive, and predict outcomes based on massive amounts of data. This is precisely the sort of work that military and intelligence officials would want from AI.

Google’s cooperation with China on AI research occurred the same year that the Chinese Communist Party and government laid out its “artificial intelligence development plan.” A report issued by the Chinese government explains that “AI has become a new focus of international competition,” mastering that technology enhances “comprehensive national power,” and that it would lead to the “great rejuvenation of the Chinese nation.”

Beijing has declared that passing the United States in artificial intelligence is a “national priority.”

“The work that Google is doing in China is indirectly benefitting the Chinese military,” Marine General James Dunford, then chairman of the Joint Chiefs of Staff, told a U.S. Senate committee. Then he corrected himself. “Frankly, ‘indirect’ may not be a full characterization of the way it really is, it is more of a direct benefit to the Chinese military.”

Collaboration between American tech companies and Chinese military-linked research labs has enormous implications for our national security. What makes that collaboration even more galling is the fact that China has very different anticipated uses for the technologies than the United States.

As the National Security Commission on Artificial Intelligence announced in its final report, “Authoritarian regimes will continue to use AI-powered face recognition, biometrics, predictive analytics, and data fusion as instruments of surveillance, influence, and political control.”

The chair of that commission? Former Google CEO Eric Schmidt.

In short, Schmidt favors continued AI joint work with Beijing, knowing that they will be using it to make Orwell’s dystopian “1984” a reality.
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TESLA

Elon Musk, one of the richest men in the world, is an example of how even executives who talk tough about China can eventually fall in line.
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Musk had for several years denied that he was going to build a facility in China, claiming that he was quite happy with his production in the United States. In 2015, when transcripts of a meeting in China were leaked, indicating he had plans to build a factory there, he quickly declared that the transcripts were not accurate, refuting them on Twitter. “My comments in China weren’t transcribed correctly. Tesla will keep making cars & batteries in CA & NV as far into future as I can imagine.”

Beijing still courted him. In March 2017, China’s government-linked Tencent Holdings bought a 5 percent stake in Tesla. Musk explained on Twitter that Tencent would be both “an investor and advisor.” (What advisory role the company would play was never explained.)

Then Beijing rolled out the red carpet: Chinese government–backed banks coughed up $1.6 billion in subsidized loans. And the regulatory red tape to build in China was eliminated by government authorities. “What surprised me is how little time it took for the regulatory process to get approved by the Chinese government,” explained Ivan Su, an analyst at Morningstar Inc. The enormous plant was built in less than a year.
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Musk has since become a Beijing booster. In January 2021, he explained in one interview how the unelected Beijing regime was possibly “more responsible” toward its people than the democratically elected U.S. government.

“When I meet with Chinese government officials, they’re always very concerned about this. Are people going to be happy about a thing? Is this going to actually serve the benefit of the people? It seems ironic, but even though you have sort of a single-party system, they really actually seem to care a lot about the well- being of the people. In fact, they’re maybe even more sensitive to public opinion than what I see in the US.”
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More: https://nypost.com/2022/01/22/how-tech-elites-are-helping-china-achieve-global-supremacy-new-book/
 
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Joe Biden’s Economic Advisor Said There’s “Nothing Better Than” The Chinese Communist Party’s Economic System.

President Joe Biden’s latest appointment to an economic advisory council appeared to claim there “is nothing better than” China’s authoritarian economic system in terms of managing market chaos, lamenting “we can’t do anything since the United States is such a free country,” The National Pulse can reveal.

President Biden tapped Dominic Ng, the chairman of East West Bank, to represent the United States on the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), comprised of a group of business leaders that advises governments on issues in the region.

While speaking at the Future of Asia Conference in 2018, Ng appeared to praise the Chinese Communist Party’s authoritarian economic system, remarking “there is nothing better than that.”
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More: https://thenationalpulse.com/2022/05/12/biden-advisor-claimed-nothing-better-than-ccp-economy/
 
Related:

Well, isn't that con-veeenient.

Former Director of National Intelligence and Congressman John Ratcliffe spoke about the influence China has in the U.S. government in an interview with FOX News host Laura Ingraham on Tuesday.

"We talk about leveraging china. Joe Biden's top economic advisor is Brian Dietz who was a BlackRock executive," Ratcliffe said. "Last week he named Tom Donilon his top foreign advisory on China, also a BlackRock executive. For folks that don't know, BlackRock is a U.S. investment firm that has been more collaborative and cooperative and complicit with the Chinese Communist Party than any U.S. investment firm. To put it in simple terms: The Chinese Communist Party controls BlackRock and BlackRock makes policies in the Biden administration. The idea that these folks are going to be tough and leverage and be tough with China is really wishful thinking."

https://www.realclearpolitics.com/v..._blackrock_makes_policies_in_biden_admin.html
 
Canada's Trudeau Says He Most Admires China's Dictatorship

 
Related:

And, There It Is… Nancy Pelosi: “China Is one of the Freest Societies in the World”

The Gateway Pundit
August 9, 2022


And there it is.
The Democrat leader is now openly promoting communism.

We all knew this day would come.

Nancy Pelosi promoted communist China on the Today Show on Tuesday morning.

Pelosi insisted that China is one of the freest societies in the world.


Nancy Pelosi: “China is one of the freest societies in the world. Don’t take if from me that’s from Freedom House. It’s a strong democracy, courageous people. I don’t know why but there is some commercial interest that would like to diminish the relationship.”


China is ranked #107 out of 112 in the Freedom House Democracy ranking.

Pelosi loves those communist oligarchs!

Today forgot to ask her why her grifter son Paul Pelosi, Jr. joined her on her Asia trip?


The corruption of our politicians and enabling by our media have reached dangerous levels.

We await anxiously for the leftist fact-checkers to insist she was talking about Taiwan and to defend this wicked woman once again.


 
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