The World’s First Aircraft Carrier Hotel in China

By P Chong

Thursday, 11 August 2011

Source: Xinhua Photos/www.news.cn & China Daily

An attendant stands in the Presidential suite of Tianjin Aircraft Carrier Hotel in Tianjin on Aug. 8, 2011. The first aircraft carrier hotel in China, which lies in the Kiev aircraft carrier, the former Soviet Union’s flagship of the Pacific Fleet, has completed the interior decoration of two presidential suites. (Xinhua Photo). Below: Tianjin Aircraft Carrier Hotel.

 

With many a country operating active-military service aircraft carriers such as: The United States (11) The United Kingdom (1) France (1) Italy (2) Spain (1) Russia(1) India(1) Thailand (1) Brazil (1) , can you imagine China doing otherwise? Surprising though it may be, China is not going down the same down-trodden way, as evidenced by the likes of the United States and Russia.

China has built up a USD$3.2trillion foreign reserve, not through conquest or domination of other countries, but by providing goods and services. Indiscriminating or unlimited spending on “weapons of mass destruction” with the building & maintenance of global naval bases, could only lead to financial disasters and self-destruction in the end.

Below: USS Abraham Lincoln

China owns just three ex-Russian aircraft carriers – the Kiev, the Minsk and the Vareyag. In the process, these carriers have accordingly been refitted for their peaceful humantarian use, research & training as opposed to the likes of others.

It is already a well known fact that the Varyag is now China’s “Shi Lang Aircraft Carrier”. Latest news is that the Kiev is now the “Tianjin Aircraft Carrier Hotel” based in Tianjin, China, one of its kind, uniquely refitted to be the world’s first Aircraft Carrier Hotel. See more of the following pictures:

The foregoing pictures show Tianjin beautiful interior layout. Two attendants clean the Presidential suite of Tianjin Aircraft Carrier Hotel in Tianjin on August 8, 2011. [Photo/Xinhua] 

 

 

Glimpses of USS Midway  aircraft carrier & Others –

All equipped for war!

Tianjin might play up to be a great competitor with the world’s best cruise ships. It can become a unique floating hotel with great destinations! Also in the offering will Aircraft Carrier Theme Parks!

Be prepared to move aside “Oasis of the Seas”!!

Obama’s Body Language Zooms that Gloom & Doom for US Economy

By Paul Chong

Photos: Googles

A Lame Duck President

 It’s been a long time coming – the way that the American have been spending “as though there’s no tomorrow”. The writing has been on the wall but just being ignored. You don’t have to be an economist to understand simple mathematical equation of economic balance. Going on to the negative end for far too long will only lead to deep & deeper waters.

The “gloom & doom” has finally been announced by Standard & Poor’s when they downgraded US Credit Rating by one notch to AA+ on late Friday afternoon opf 5 August 2011. It’s not since 1917 that this has happened! But what will all this means to US economy, the impact & aftershocks on the global scale? There’s that warning of a one in three chances of further downgrading if US does not come up with a more permanent fix for its fiscal woe. It’s “largely because of the failure of bitterly divided US leaders to reach a consensus on containing the country’s spiralling debt “

Been having it too good?

Now the end is near & here!

Let Obama‘s body language & gesture tell the story:

 

What happened to all his charisma? His dynamism & verbal eloquence?                                                                                     

Body language can often say much than spoken words.

Whatever happened to the “CHANGE” We Can Believe In?

Now he’s leaning on to others!

Listening to others?

Still that arrogance with all the might & power?             

Leaning on to China's Wen Jiabao

 

US maybe contemplating WW3 to resuscitate its economy

& to redeem its power before losing it all to China!

Further Reading Recommended: US Stripped of AAA Credit Rating . . . BY China

Huaxi – China’s Richest Village Community


Huaxi's New Skyscraper - World's 15th Tallest

Westerners have always been seeking for Shangri-La, the utopian lifestyle. Search no more. There is in reality a place such as this in China. Talk no more of Hangzhou or Suzhou. It’s a miracle wonder of a place!

Huaxi Golden Pagoda

 It’s called Huaxi, a booming market town of 36,000, first set up in 1961 in the affluent eastern province of Jiangsu. Everyone here has all the luxury that life can offer such as a huge house, a car (Benzs, BMW etc.), even free cooking oil, clothes, healthcare, education etc. Huaxi has fixed assets of 3 billion Yuan (US$362 million). All they have to do is work 7 days a week for the village industrial operations, milling steel or some such industry. Only one condition is that you can never leave. If you do, you lose everything. But just to make it easier to stay, the city has built replicas of the Eiffel Tour, the Sydney Opera House, and the Arc de Triumf to bring the world to its doorstep.

People are not leaving. In fact, it’s attracting lots of migrant workers who hope to be accepted for work permit & in time enjoy such privileges like the permanent residents of Huaxi where each household has been assigned a car & a single-family home of 400 square metres, earn around US$6,000 per head per year. Compared with migrant workers who toil for an average monthly wage of 500 yean (US$60), the prosperity enjoyed by Huaxi villagers is an undeniable miracle

Like the song Hotel California – “You can check out anytime you like but you can never leave”.

 

But why would you want to leave when you’re already living in the best place of the world, as one resident said. Leaving is not the option but “living it up” and seeking other higher aspirations is the objective.

And all this started with the dream, hope & aspiration of one man, Wu Renbao (now in his eighties) who combine market economy, socialism with Chinese characteristics.

Wu Renbao (SIM CHI YIN/NYT)

When Chinese Daily writer Raymond Zhou wrote of Wen Renbao’s retirement, the announcement created aftershocks in the country media similar to what Bill Gates’s retirement about speculation in the software industry. Now Huaxi is headed by Wu Xie’en his fourth son, as elected 100% by the community.

This  amazing video will help clear your curiosity.

 http://youtu.be/yru1C-RE7lc

Info Update:

Dine High Up In The Sky!

Short of romantic ideas?

Been dating & dinning out in the usual haunts?

Looking for something romantic, unusual & adventurous? 

 Get dressed and take your date out for a very special dinner that won’t ever be forgotten.

 

This dinner, however, is not for the faint-hearted!

Dinner In The Sky is a Belgian based novelty restaurant which used a crane to hoist its diners, table, and its staff and waitresses 150 feet into the air.

With your feet kind of dangling in the air!

Forbes magazine called it one of the world’s ten most unusual restaurants. Dinner in the Sky has mobile services available in 15 nations, and has operated in various cities including Paris and Las Vegas.

Musicians in a separate platform

 

Will your stomach & heart take it?

All photos: Splash/All Over Press

Inward, Outward And Upward Looking

By P Chong

Tuesday, 6 July 1999

Of the nations in the world today, China stands out progressively tall and strong. It is as though the sleeping dragon is finally awakened. This appears to be the fear of the West, though an economically strong China is good commercially for all the trading nations in the West, politically China is deemed as great threat. It is feared that “once China stands up, it won’t topple or be toppled.”

In retrospect, China is undoubtedly the world’s greatest civilised nation over a continuous period of thousands of years – a civilisation undiminished & unbroken, unlike past civilisations like Egypt, Greece or the Romans. By any reckoning, China should have by now be far more advanced & superior than the rest of the world. Why not?

Of the many reasons why China did not progress beyond its initial lead in technology & discovery, the main cause of which can largely be attributed to its inward looking policy . . . viewing all territories beyond the Great Wall of China & its boundaries as barbarian nature. This nationalistic pride & closed door policy led to its seclusion, totally depriving itself from from the interchange of ideas and exposure to new scientific developments & industrial growth. While China lavished in its culture, philosophy & essentially non-materialistic form of development, it began to lag behind the West in terms of economic industrial growth. In preserving its civilisation from being tainted by corruption, disruption & deterioration, it never knew new growth, developments & discoveries elsewhere in the whole wide world. The “Middle Kingdom” realised too late the encroachment of other nations upon its shores & territories. Countries like Britain, Portugal & Japan were making inroads into China through modern superior arms of war instead of its age-old “kung-fu”.

To grow, to progress is to change. Sentiment must give way to progress. There is no room for inhibition to changes. Change needs to take place before growth ^& progress can be attained. It’s attitude more than aptitude that scales the altitude. Mr. Lee Kuan Yew, the great former prime minister of Singapore, is credited for the great strides achieved by the City State. His visionary ideas have no room for inhibition to change or any hindrance.

Now, what a change has come about as a result of Deng XiaoPing‘s visionary concept of “Xiang Qian Zou”. In Mandarin, it means “Forward Move”, but by replacing the middle word with similar pronunciation, it becomes “Moving Forward with Money”. This started a great frenzy for the Chinese striving for monetary progress in all spheres of work & life.

Capitalistic way of life does have its price. Greed always breed a profound loss of goodness in mankind. Simple honesty, truth, kindness & compassion are lost in the process. The dollar sign etched prominently on the foreheads of goal-getters. It is evident to an outside observer that the whole civilisation is transforming overnight. China, in its forward economic stride, has done away with its traditional large families, and its door is wide open to the corrupt western way of life. There is a price to be paid, for consequential results cannot be avoided.

We are not about to discuss the forward march of China & the loss of a whole generation of tradition, custom, simple courtesy & good manners, which come about as a result of its Cultural Revolution.

We want however, to draw a comparative study between China and the United States of America, which has only a history of some 200 odd years, and yet progressively more advanced. Why is this so? The irony of this is even more profound when we compare US with Great Britain – the tag of British “greatness” pales in significance. And to think America started as a colony of Britain! What then is the significant attributable factor?

This factor is spelt out very clearly when we look at the green bag note. It says very clearly: “In God We Trust”. It is this upward and outward attitudinal outlook that made all the difference between Britain & the US, and China & the US. The American look upward to God for all its needs & provisions since the first Pilgrim Fathers stepped on the shore of the new continent. Because of its explicit trusting the Lord, America has been greatly blessed and it prospered beyond the realms of the other nations with similar history or longer history.

Apart from this upward attitudinal outlook, it practises an outward outlook beyond its shore and adopt an open door policy in the many aspects of its economy. In so doing, it was to absorb and gain both from within and without the world the wealth of knowledge towards its rapid advancement.

On the personal front, the individual musty avoid being inward looking. The classic example is drawn from the Pharisees, the elite Jewish ruling council, highbrowed, stiff-necked & self-centred in character. They rejected Jesus as the Messiah (the Jews’ promised deliverer) and till today they are still awaiting His coming. Ever wonder re the p,light of the “wandering Jews”? Being persecuted and hated wherever they are? It is without doubt God’s punishment of the Jews for crucifying Christ on the cross! Not until the Jews find their roots in the Messiah Jesus, will their wandering stop!!

In Matthew 23:13, it reads: “Woe to you, teachers of the law and Pharisees, you hypocrites! You shut the kingdom of heaven in men’s faces. You yourselves do not enter, nor will you let those enter who are trying to.”

Verse 27:Woe to you, teachers of the law & Pharisees, you hypocrites! You are like whitewashed tombs,which look beautiful on the outside but on the inside are full of dead men’s bones & everything unclean. In the same way,on the outside you appear to people as righteous but on the inside you are full of hypocrisy and wickedness.”

Verse 39 concludes with this: “For I tell you,you will not see me again until you say “Blessed is he who comers in the name of the Lord.”

How prophetically true what Jesus said. Until & unless the Jews find repose in Jesus, their perils will not be over!!

In John 14:6, the terminology is always on the personal basis: “I am the way and the truth and the life.” Jesus has given us the road map guiding us upward to heaven, and to stay in the centre of God’s will. You need not worry about tomorrow and trust Jesus to guide you one day at a time, and to follow him even though you don’t know the way. No other road map is required.

Abram followed one day at a time. He walked by faith and not by sight. As in genesis 12: 1 -5, we read:

The LORD had said to Abram, “Leave your country,

your people and your father’s household and go to

the land I will show you.”

“I will make you into a great nation and I will bless

you. I will make your name great, and you will be

a blessing. I will bless those who bless you, and whoever curses you I will curse; and all the peoples on earth will be a blessed through you.”

So Abram left, as the LORD had told him; and Lot went with him. Abram was seventy-five years old when he set out from Haran. He took his wife Sarai, his nephew Lot, all the possessions they had accumulated and the people they had acquired in Haran, and they set out for the land of Canaan and they arrived there.”

Abram (whose name was changed by God to Abraham) is the classic example of the principle of “walking by faith, rather than by sight . . . one day at a time”. In walking with the LORD, ourselves must be erased, the LORD must be raised. There is a definite attitudinal shift from self-centrednerss to God-cent redness.

In John 15:5 it says: “I am the vine; you are the branches. If a man remains in me and in him, he will bear much ruit; apart from me you can do nothing.”

Thus the way to be is: inwardness to upwardness. Amen.

The above account is in essence the salient points of a religious message

first delivered in a Sunday church gathering in July 1999.

 

When Others Stall . . . China Roars!

By P Chong                                                                                      10 March 2011

The race always go to the swiftest & the fastest. When your engine stalls, others will roar. There is no relenting . . . there is no waiting. There can only be winners or losers. That’s the name of the game. When you’re ahead, you’d race & surge on.

When I wrote “China‘s Leaping Achievements” in November 2009, which article still enjoys a great reading audience by topping the list up to the present, I hadn’t put in much details about how China build & grow from an impoverished economy to its present giant standing, overtaking Japan as the second largest economy & is right on the doorstep of the U.S.

Way back in the early 1960s when I was at the University of Malaya at Pantai valley, Kuala Lumpur, I had learned from our economic geography professor, Dr. Dwyer, one phrase of his famous expression: “The Chinese are the most assiduous in their economic pursuit . . . unshakeable & resilient “. According to him then no race in the world can ever even match or compare. A country maybe rich in its natural resources, but it’s the people that constitute the greatest of all resources, natural or otherwise. There are many countries in the world endowed with great natural resources but not getting anywhere and conversely, there are countries without such natural fortune making their marks in the world. Singapore, the City State, is undoubtedly the best example in this category.

 

"The Nest" Stadium
China has always been an inventing nation right from ancient times. 
Printing, paper, fork, drum, silk, gunpowder, umbrellas, the plough, rice
 cultivation, wheels and a whole lot of other things . . . are originally from China. Its history 
is littered with war and famine, so you can expect the Chinese to be
 tough and been there and done that sort of thing. After thousands of
 years under the rule of dynasties and finally under Chairman Mao of Communist China. Deng Xiaoping, the architect of modern day China, began the nation
 building with these words “Xiang Qian Zou” – The Road To Riches.

Nation building involves fundamentally the national identity
using the power of the state by the unification of its
 people so that the state is politically stable and sustainable for future development. China addresses this problem very well and it
 has built a patriotic, hard working and educated workforce. The key to 
developing a nation’s wealth is developing your human resources . . . educating and building up the middle class. Science and technology hold up the base. In just three decades, China has shown the world an unprecedented growth.

China successfully prove what can be achieved when
 a Communist nation embraces capitalism. As a nation, they have 
synchronized the chaos into a force to be reckoned with. Even the West 
has accepted the fact that the Chinese are smarter, more hardworking,
 obliging and its immense pride to collectively build a nation.

Giant Pandas as often featured on the cover of China Today

From a nation of million bicycles, China has become a nation of cars. A few years ago there was a survey done by The Economist concerning
car ownership in China , India , France and USA . As predicted, USA has
 more than 1000 cars, France 762, China 11 and India 7 for every 1000
 people. Just only, last year China has become the biggest car market
 in the world!! According to China Daily in the first 10 months car
 sales were up 34% from last year … BMW has already fulfilled its
 target of 112,000 cars for this year in September, Mercedes sold over
101,000 units and Rolls Royce sold more of its cars in China than the
 US and last month Jaguar/Landrover has just open a new dealership in 
China.

Today’s Communist China is only Communist in name. 
The demand for luxury goods in China is growing at an exponential pace. Luxury items makers such as LV , Prada, Gucci, Coach and etc. 
reported more than 100% annual growth for the past few years. It has
 come to the point where Western products has to customize to suit the
 Chinese needs and taste like longer leg rooms at the back seat for
 Rolls Royce coz most of them are chauffeur driven so the bosses need 
extra leg room !!

The amount of research articles published 
by Chinese scientist is staggering. It is reported that China has jumped to number 2
 – up from 14th in 1995, in the number of articles published in the
 science and technology journals worldwide such as IEEE, Nanotech & Applied Physics. It is an open secret that the majority of the
 PhD students in the hard sciences enrolled in elite US universities 
(Ivy League) are Chinese. It is these PhD graduates that will do most 
of the research. It should be noted that a lot of the Microsoft
 patents came from its Beijing Labs.

By far China ’s most successful research institution is the National 
Institute for Biological Sciences or NBIS, which is responsible for
 half of China’s scientific publication. The Institute’s 23 main
 investigators, director and deputy director are all returnees from the 
United States. Quote one of its principal investigators : “ If I
 stayed in America the chances of making a discovery is slimmer, here
 people take risk, they give you money and you can essentially do 
whatever you want ”. (Refer information on www.economywatch.com.
) Patents are actually a measure of technological prowess and
 innovation. Nations that file the largest number of patents are the
 home to innovative corporations and Nobel Prize winners. It won’t be
 long before you will see Chinese Nobel Prize winners. No wonder there are so
 many first coming out of China nowadays.

China has the fastest Supercomputer (Tianhe-1A) in the world running at the speed of 2.5 
petaflops which is equivalent to the power of 175,000 high-end laptops.

The fastest bullet train belongs to the Chinese (CRH360) with a top 
speed of 262 miles per hour leaving the Japs and Germans far behind.
 And these are indigenous technology. With all the money throwing into the 
national car industry after 20 over years, we ended up being a ‘BETTER
 CAR ASSEMBLER’ than our neighbours.

China hold the whole world at ransom in July
 this year by banning all its Rare Earth Materials. Rare earth
materials are a collection of 17 minerals found at the bottom of the
periodic table. China controls 95% of the world supply. These rare
earth includes cerium, scandium, yttrium, lanthanum and etc are used 
in our daily lives such as handphones, laptops, camera lenses, flat
screen tv, x-ray machines, guided missiles systems, oil refineries
and etc. By banning, the exports of these materials China indirectly 
impede the growth and development of many things. Fortunately, there
 are 2 other companies in the world that will have the capability to
produce some to offset the Chinese ban. One is the Lynas Corp from
Western Australia which have a mine in Kuantan, Malaysia and it will
 start production by end of next year, while the other is Molycorp from
 California . How their combined output added up to around 40-50,000
tons which is still way below the global demand of 250,000 tons.
Unsurprisingly the shares of both of these companies jump multiple
folds since the July ban. Lynas was trading at some where 38cents in
July and the high of the year was $1.69 (ASX) and shares of Molycorp
are more than double now.

It is also a misconception that China’s success is due to its Cheap
Labour; yes, that was probably 15 years ago. However, the next
 megatrend will be the growth of the Chinese Research & Development.
 The Chinese will be able to apply the same cost advantage in its 
manufacturing towards Research & Development in no time. If you notice
 currently the global telecoms equipment sector is now dominated by 2 
Chinese companies (about 65% of new installations) notably Huawei. 
Western countries are buying this Chinese equipment not because it’s
 cheap but also it is good!! In a recent electric car, trade show in
 Shenzhen there is this Chinese R&D company that reinvented the
 battery. Their battery last twice longer, much more power, half the 
existing battery weight and 100% recyclable. This is going to change
the face of the global automobile market. With its low cost R&D,
 product development and manufacturing, which country can match China? 
It will continue to dominate the world for decades to come!!! In the
 End, it is the Communist China that won the battle of capitalism.!!

So when will China overtake US as the number one economy in the world?
As predicted China will overtake Uncle Sam ‘s economy in two years in
 terms of PPP (Purchasing Power Parity) It won’t be long as China’s 
opponent is embraced with an insolvent banking system, high 
unemployment rate , homeless population, high foreclosure rate and 
with 40 million people on food stamps and its Federal Reserve printing
 money out of thin air. Over here in China , its economy is growing at 
a 10% pace annually. 
And if you think, it’s easy for you to access the Chinese Market. Think again. If
 your company owns certain patents they will demand access to them and
furthermore train their people on how to use your technology so that
 they can reverse engineer it the moment you open shop. Just ask car
 manufacturer Peugeot on the difficulty and pain in working with the
 Chinese.

China is also quietly building up its military and I believe it is
 currently making use of the financial crisis to extend its
 geopolitical and economic sphere of influence in Asia and beyond. China is already refurbishing an ex Russian aircraft carrier (Varyag) 
due to completed in 2012 and building 2 other 50,000 to 60,000 ton 
carriers due to complete in 2015. When completed China will have what 
they called a ‘BLUE WATER NAVY’ . This means Chinese navy are capable
 of operating across deep waters of the oceans and also able to launch 
a nuclear attack from anywhere in the world. Moreover recent 
developments in the Chinese missiles technology caught most western
powers off guard. For example, a few years back China conducted a
successful anti satellite missile test. It used a modified DF-21 (Dong
Feng) ballistic missile mounted with the kinetic kill vehicle to 
intercept the satellite.

Another recent development is the Chinese ASBM or anti ship ballistic
missile the DF-21A which is designed to launch from land and can
 penetrate the most advance defence from any moving aircraft carriers.
The carrier battle group used to be the ‘untouchables’ will no longer
 hold and it will make the US aircraft carrier battle fleets a sitting 
duck. With these multiple warhead ballistic missiles homing into these 
battle groups, there is nothing they can do to stop it. Even if it
 explode in mid air, imagine a nuclear warhead explodes in the vicinity
of the fleet, it will just vaporize the entire fleet.

There are so much more happenings that are ceaselessly unending. To list them all would not be possible here. Some of the great & would-be achievements are inescapable:

1. China’s Great Engineering Feat: The Three Gorges Dam

2. China – World’s Biggest Megapolis with 42 Millions!

3. China’s Engineering Might: Bullet Trasin

4. World’s Longest Cross-Sea Bridge – The Pearl River Delta  Bridge

Read in my blog “Who Owns The U.S.?” together with the above 4 topics, you’ll be amazed & astounded beyond all reasons to realise just how great & mighty China is and will be in the very near future.

Acres of Diamonds

Russell Herman Conwell Title: Leaders of men; ...
Image via Wikipedia

By P Chong     3 March 2011

Life insurance agents & sales executives would have heard the story of “Acres of Diamonds” many a time. Personally, I must have repeated it hundreds of times to my team of sales force when sales volume needed boosting. It’s a powerful motivational story, simple to relate . . . mind to stir . . . hearts to fill & desire to arouse!

“Acres of Diamonds”, an American rhetoric, originated as a speech which Russell Conwell delivered over 6,000 times around the world. It was first published in 1890 by the John Y. Huber Company of Philadelphia.

The crux of the matter is that one need not look elsewhere for opportunity, achievement, or fortune – the resources to achieve all good things are present in one’s own backyard or community. Yonder field is not necessarily greener.

This theme is developed by an introductory anecdote, told to Russell Conwell by an Arab guide, about a man who wanted to find diamonds so badly that he sold his property and went off in futile search for them; the new owner of his home discovered that a rich diamond mine was located right there on the property.

The theme could be motivationally told through examples of success, genius, service, or other virtues involving ordinary folks in the audience: “dig in your own back-yard!”

This story alone helped Russell Conwell to establish Temple University & his other civic projects . . . with income derived largely from his “Acres of Diamonds”speech. It could do the same for you . . . help you sell more life insurance policies, sell more real estate, keep on building up your clientele & never run out of prospects!

Let us remember there is not a poor person who was not made poor by his own shortcomings . . .

 

Who Owns The U.S.?

By P Chong 2 March 2011

Google Image: Obama

Who owns the U.S.? Certainly not the Congress nor the White House nor the U.S. citizens. Read on this short concise & shocking report & find out . . .

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 01 Mar 2011 at 07:37:14 AM GMT is:

$14,152,979.452.299.10

The estimated population of the United States is 310,121,353 so each citizen’s share of this debt is $45,636.91

The National Debt has continued to increase an average of $4.12 billion per day since September 28, 2007!
 Concerned? Then tell Congress and the White House!

Seven generations from now we will all be owned by the banks and be impoverished if this continues!

(This debt clock is maintained by Ed Hall (edhall@brillig.com). It was last calibrated using information obtained from the U.S. Department of the Treasury dated 25 February 2011. Population figures are derived from the U.S. Bureau of the CensusPopulation Clock.)

Whatever the rhetoric that Obama or the politicians or economists offer, figures speak louder than words. Facts & figures won’t lie. Without inputs & only withdrawals the coffers soon run dry. It can only disasters! Regardless of how much closer Obama’s budget brings U.S. economy into a balance of payments not seen since 2001, it will continue to run deficits for the next decade, and the national debt will just keep growing every year.

The Treasury Department and the Federal Reserve Board estimate that while most of the country’s $14 trillion debt is held by private banks in the U.S., as of December 2010r, about $4.4 trillion of it was held by foreign governments that purchase its treasury securities much as an investor buys shares in a company and comes to own his or her little chunk of the organization.

Looking at the list of our top international creditors, a few overall characteristics show some interesting trends: Three of the top 10 spots are held by China and its constituent parts, and while two of our biggest creditors are fellow English-speaking democracies, a considerable share of our debt is held by oil exporters that tend to be decidedly less friendly in other areas of international relations.

China $891.6 billion 20.40%
Japan 883.6 billion 20.20%
United Kingdom 541.3 billion 12.40%
Oil Exporters 218 billion 5.00%
Brazil 180.8 billion 4.10%
Caribean Banking

Centres

155.6 billion 3.60%
Hong Kong 138.2 billion 3.20%
Canada 134.6 billion 3.10%
Taiwan 131.9 billion 3.00%
Russia 106.2 billion 2.40%
Source: U.S. Bureau of Economic Analysis (2009)    

Let’s hope Russian president Dmitry Medvedev, the least of the 10 creditors, doesn’t come to collect.

Over the years, America’s status as a creditor or debtor has changed enormously. In the early 1980s, America’s net international investment position averaged $350 billion, or 11 percent of GDP, making the United States the world’s largest creditor. Today, it is the world’s largest debtor – by far.

Foreign governments have taken notice – in particular, China, which now holds more U.S. Treasury debt than any other country. In the 12 months through April, China’s portfolio of Treasury debt securities has soared by more than a quarter of a trillion dollars to over $800 billion.

In its annual financial stability report issued on Friday, China’s central bank once again declared there were serious problems with the global monetary system’s reliance on a single dominant currency – the dollar. An estimated 65 percent to 70 percent of China’s $2 trillion in foreign exchange reserves, the world’s largest stockpile, is held in dollar-denominated assets.

Google Image

The People’s Bank of China is taking steps in the right direction with its expansionary monetary and fiscal policies. It is making available & possible for its trading partners to use the Yuan as the currency of exchange instead of solely dependent upon the U.S. dollar.

The people in the Middle East . . . the Tunisians, the Egyptians, the Libyans . . . their loss as compared to the American citizens are but pittance. Now it looks like the upheaval, riot & civil unrest are spreading to other parts of the Middle East . . . Bahrain, Saudi Arabia, Oman, Yeman and others.

Google Image: Middle East Unrest

It’s democracy gone crazy!

Or is it just a ploy & secret agenda of vested party (or parties) to wrest & control the wealth of oil in the region?

 

 

 

 

Cancer: Man’s Own Doing?

By P Chong                                                             Mon. 25 Oct. 2010

Blood runs through our veins

In modern day living Cancer is the bane.

Google Picture of Mummy

When young I had often wonder why the study of archaeology or anthropology. I just couldn’t visualise the benefits to the living human. Directly or indirectly, they have much relevance & reveal hidden knowledge to the medical field. For instance, archaeology & the study of Egypt mummies have proved that cancer was extremely rare in ancient times.

Leading medical researchers are led to conclude from archaeological findings that cancer is a relatively modern disease, brought on by our lifestyle & diet – being most endemic in industrialised societies. Could this be conclusive?

National Geographic: Breast Cancer Survivors

US-based writer & investigator Terrence Aym’s article on “Egyptian Mummies Prove Cancer Is Man-Made” claims that while “cancer kills millions of people annually . . . the strange fact is that there is no trace of the insidious killer among the remains of ancient peoples”.

Professor Michael Zimmerman, the US biologist, recently declared in an interview with a British newspaper, “In an ancient society lacking surgical intervention, evidence of cancer should remain in all cases”. However, in a study of the Egyptian mummies, it simply does not exist. Zimmerman concluded “The virtual absence of malignancies in mummies must be interpreted as indicating their rarity in antiquity, indicating that cancer-causing factors are limited to societies affected by modern industrialisation”.

Zimmerman’s colleague, Professor David, spoke at a conference in early 2010. During her presentation she stated that, “In industrialised societies, cancer is second only to cardiovascular disease as a cause of death. But in ancient times, it was extremely rare.

”There is nothing in the natural environment that can cause cancer,” she noted. “So it has to be a man-made disease, down to pollution and changes to our diet and lifestyle.”

Perhaps all this new evidence should make the US FDA reconsider artificial sweeteners, binders, and preservatives not to mention irradiated food, genetically engineered crops and animals and the newly approved cloning?

For some years many cancer experts have contended that the modern-day malady must have its roots in the modern-day lifestyle, particularly that of the Western culture. The mute mummies have actually communicated a lot: their bodies’ lack of cancers and tumours underscore many researchers’ suspicions and tend to support their theories. 

Not content to let physical evidence alone prove the case that cancer is man-made, Zimmerman and an associate, Rosalie David, poured through ancient literature, classical medical writings and investigated fossil records likely to contain the tell-tale signs of encroaching carcinoma but to no significance.

A previous study of thousands of bones from the remains of Neanderthals also failed to turn up evidence of any cancers. According to the study, only one Neanderthal may have been afflicted with cancer, and even that is not proven

Although the ancient Greeks were the first to write of diseases that today would be identified as forms of cancer, the condition was exceedingly rare. It was not until the middle of the 17th Century that medical texts began defining the disease which had suddenly become more prevalent.

Zimmerman asserts that his research shows that distinctive tumours, carcinomas and cancerous lesions only began to be seen about 200 years ago. That falls in line with the beginning of the Industrial Revolution and the introduction of pollutants into the air and water and the addition of chemicals with artificial processing of of foods to preserve them longer than traditional methods of salting, smoking or drying.

Evidences point that an unhealthy lifestyle, smoking, pollution, obesity stress, tension and bad eating habits have made what used to be a relatively rare disease far more widespread. We may thus conclude that wile cancer though may not be entirely man-made, but the hand of humankind in its propagation is very clearly visible.

My brother-in-law recently passed on at age 64 of lung cancer. He was a non-smoker. I believe it’s the polluted environment of Taipei where he lived that contributed to his cancer, which was only detected in the fourth stage – just too advanced for any cure. People say the good die young. At 64, with the advancement of modern medical science, he was indeed young to have passed on.

 

 

The Federal Reserve System: The Secrets You Don’t Know About!

 

In 1935, Cret designed the Seal of the Board o...
Image via Wikipedia

 

By P Chong                                            Tues. 19 Oct. 2010

Hey! You might think this to be a very dull & boring subject. They say that what you don’t know won’t kill you, but I’m afraid the reverse is true in this little known subject. The fact is that only a very minority know that the Federal Reserve System is not federal, it has no reserve, and it’s not even a bank. It’s really fascinating how intricate and involved it is and how crucial the Federal Reserve and the creation of money is to the people who run not only this country, but the world.

It’s a mystery story of what the Big Seven financial families, as mentioned in my previous post (Who Really Own The Federal Reserve? Mon. 4 Oct.2010) have done with our monetary system. Griffin for self edification has largely promoted this through his writings, speeches & television documentaries, which can be found on YouTube. Of late, he’s been going around warning: “Gee everybody, don’t you see what’s going on? Don’t you care about the future? Let’s do something about it.” His conclusion & rationalisation will tell you that “it really doesn’t make any difference what we know about these problems if we don’t do anything about it.”

The crux of the matter is that truth will not set us free unless we do something positively about it. As I often say, to grow to progress is to change. All must stretch forth & strike where it counts. In today’s society with modern mass communication, speedy, effective & far reaching, action does not necessarily rest with physical muscles, guns or weapons.

Whatever the misgivings, public opinion must be held in the right perspective, then change can evolve through people’s power. To achieve success, all you need do is to convince people to your cause for struggle as dying for the cause of your country.

The biggest hurdle towards change in America is that the power of control rests with the Mighty Seven. They control the population through all the major mass media, organisations & power centres. From out of the blue, have you ever wondered “How did this guy get to be President?” Don’t be surprised that a lot of happenings are pre-planned decades ahead of time. Happenings don’t just happened!

Time & space do not allow me to dwell at length on the “how to change” or to deliver fully about the Federal Reserve System, that it’s not federal, there is no reserve and it’s not even a bank. Much has been written by G. Edward Griffin as mentioned in his books in the Related reading list below. I hope I have aroused your curiosity & interest to want to read further on this subject.

I bet you’ll say “Wow! Wow!” when you hear this staggering statistic – these Mighty Seven Families which form 1 per cent of the world’s population but own 60 per cent of the world’s wealth!

Please read also on my previous post “Who Really Own The Federal Reserve System”.

Related Reading:

  1. The New World Order Exposed by G. Edward Griffin
  2. The Creature From Jekyll Island By G. Edward Griffin