Posted on 01/03/2014 9:04:30 PM PST by PROCON
(CNSNews.com) – The New York Times Company says it’s not for sale, but a high-profile Chinese businessman and philanthropist eager to buy what he views as the world’s most influential newspaper plans to fly to New York City this week to push ahead with his bid.
Chen Guangbiao on Wednesday told the Global Times, a Chinese Communist Party-affiliated paper, that he has a meeting scheduled Friday with a city firm specializing in mergers and acquisitions, followed by dinner on Sunday with “a middle-level leader” from the Times.
(Excerpt) Read more at cnsnews.com ...
Had a friend that went over there for a month. Was really excited to go. Came back completely grossed out because of hygiene issues. He said he saw restaurants take bowls used by customers dump the contents and reuse the bowls for new customers without washing them.
China still has plenty of state run firms. It was a state run firm that took over Smithfield meats last year.
US has state run transit systems in every city. Want more?
Now it can only be an improvement.
The old gray whore?
Why not?
Here is the harsh reality for all you entreprenurial capitalists out there lurking. China is a mecca of manufacturing and industry, unencumbered by the suffocating diktats of Washington DC. If you have a plastic gizmo to make, China is the place to make it. Money seeks its level just like water, and that’s the reality we’ve been dealt.
Fellow travelers?
To be eventually taken over and made by Chinese.
Just saying.
That is what is happening. Everything made in China, is in the process of being incorporated into the nation.
And not as imports.
That is the big problem right now.
America is not competing. We are selling out.
Imagine all the Rs becoming Ls and vice velsa in the new New Yolk Times, what’s not to rike?
My example was a pork producer. Transit doesn't even come close to that.
They are state owned or regulated not federal. And there have always been certain industries like utilities and mass transit that require huge infrastructure investments that necessarily limit competition and therefore are either highly regulated or state run. How many sets of rail tracks do you want in your city?
In China, you can get a pair of scissors, a chair, and a piece of plywood painted with the characters for “haircuts, $5” and put it on the sidewalk and people will line up to have their hair cut. And it’s legal. In America, you need a cosmetology license and a business license and sales tax license and who knows what else, or you will be shut down. (Ask kids selling lemonade about this.)
Furthermore, in China, in a tent where many vendors assemble to form a sort of flea-market type atmosphere, the tax collector might come through demanding The State’s share of the proceeds. The vendors can assemble together, lift the man up by his elbows, and eject him from the tent, without getting shot or charged with felony attack on a government agent. I dare anyone to try something like that here without either or both of the aforementioned things happening.
A friend of mine traveled to China to see how things were first hand, these were from his report.
I rike youl rogic, illefutabre!
I hear you, and I don’t like it either, but there is a dubious payback mechanism. China is now a world leader in cancer and birth defects.
Cha Chink.
The economic model you are referring to obliquely, but don’t mention by name is called fascism.
Most hospitals are not government owned. Only VA hospitals are government owned. Hospitals are highly regulated, but that's because the government errs on the side of prevention and every once in a while someone does something stupid, criminal, or criminally stupid that causes more regulation. And government doesn't see that the combined weight of the regulation is itself criminally stupid.
Fanny Mae was government owned. But it had a unique economic purpose. By using the full faith and credit of the U.S. government to back mortgages, it could attract funds cheaper. Thus making it easier for people to afford homes and helping the economy by boosting the construction industry and all the other associated with home ownership.
The government doesn't control pork producers through regulation. At best they have some safety regulations to protect workers and to make sure the pork is fit to eat
GM, the government owned the majority of shares for 4 months, before dropping to a 25% ownership. 18 months later they were down to 19% ownership. And government sold it's remaining shares last month (Dec 2013). So no, GM was only breifly government owned, and while you and I may dissagree with the way the court handled GM, the fact is that GM filed bankruptcy and asked the government for a bailout and put itself at the mercy of both.
Seriously, the claim that government is controlling everything is blatantly false.
You got it, but we have to remember that these models change and improve (?), while we lack good comparisons and have to revert to some 1930s nomenclature. That’s one reason why the Marxists dismiss Conservatives’ objections, they (the Marxists), have moved forward, developed, they are not Soviets any more needing to control every little barber shop by owning it, no they can control it by passing the ADA, and forcing it to build a wheelchair ramp (are you against helping the disabled you reactionary meanie?) when it wants to repaint the store (the generous grandfather clause is what I’m talking about.) Obama is a modern Marxist, I believe. I don’t think the Chinese follow any Marxist ideas old or new any more.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.