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Joined: Jun 2012
Posts: 4,614 Likes: 2
Campfire Tracker
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OP
Campfire Tracker
Joined: Jun 2012
Posts: 4,614 Likes: 2 |
The former chairman of China Huarong Asset Management Co. has been sentenced to death, a court in the northern city of Tianjin said on Jan. 5, in one of the country’s highest-profile corruption cases. Lai Xiaomin was convicted of receiving or seeking bribes totaling 1.788 billion yuan ($276.72 million) from 2008 to 2018, when he was also a senior banking regulator, according to the Secondary Intermediate People’s Court of Tianjin. Lai, who was expelled from the ruling Communist Party in 2018, was also convicted on a charge of bigamy. Chinese authorities alleged that Lai extorted bribes, colluded with others to embezzle large amounts of public assets, and took advantage of his positions to seek improper benefits for those who bribed him. Reuters was unable to contact Lai or his lawyer for comment. “Lai Xiaomin was lawless and extremely greedy,” the court statement said. Huarong said its Communist Party committee supports the verdict. https://m.theepochtimes.com/former-...-company-sentenced-to-death_3644213.html
‘TO LEARN WHO RULES OVER YOU, SIMPLY FIND OUT WHO YOU ARE NOT ALLOWED TO CRITICIZE’
Conspiracy theorists are the ones who see it all coming…
You are the carbon they want to eliminate !
I’m Uber Deplorable Ultra MAGA !
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Joined: Jun 2012
Posts: 4,614 Likes: 2
Campfire Tracker
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OP
Campfire Tracker
Joined: Jun 2012
Posts: 4,614 Likes: 2 |
It’s a shame that a bunch of our bankers didn’t get the same after 2008 !
‘TO LEARN WHO RULES OVER YOU, SIMPLY FIND OUT WHO YOU ARE NOT ALLOWED TO CRITICIZE’
Conspiracy theorists are the ones who see it all coming…
You are the carbon they want to eliminate !
I’m Uber Deplorable Ultra MAGA !
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Joined: Jun 2002
Posts: 132,084 Likes: 66
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,084 Likes: 66 |
It’s a shame that a bunch of our bankers didn’t get the same after 2008 ! Yep. Firing squad.
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Joined: Aug 2005
Posts: 10,804 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,804 Likes: 2 |
What do they do with corrupt politicians?
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: Jan 2013
Posts: 8,355 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2013
Posts: 8,355 Likes: 7 |
If someone would take the risk in a Country like China, I wonder how many would take the risk in Countries where the punishment is minimal if anything.
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Joined: Feb 2011
Posts: 26,389 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 Likes: 6 |
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".
-Henry Ford
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Joined: Jun 2006
Posts: 16,447 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jun 2006
Posts: 16,447 Likes: 3 |
What do they do with corrupt politicians? Just like here - put them in a higher position.
I've always been a curmudgeon - now I'm an old curmudgeon. ~Molɔ̀ːn Labé Skýla~
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Campfire Ranger
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Campfire Ranger
Joined: Jan 2010
Posts: 23,591 Likes: 3 |
definitely solve our prison overcrowding problem
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Jun 2012
Posts: 4,614 Likes: 2
Campfire Tracker
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OP
Campfire Tracker
Joined: Jun 2012
Posts: 4,614 Likes: 2 |
The Chinese regularly execute corrupt politicians. Mostly those who aren’t in the click currently ruling the country. Heck , just criticize the way they rule the country and the Chinese will ruin you. Jack Ma is currently having his financial empire destroyed. Went from the richest man in China to hoping to not end up in prison.
‘TO LEARN WHO RULES OVER YOU, SIMPLY FIND OUT WHO YOU ARE NOT ALLOWED TO CRITICIZE’
Conspiracy theorists are the ones who see it all coming…
You are the carbon they want to eliminate !
I’m Uber Deplorable Ultra MAGA !
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Joined: May 2014
Posts: 5,883 Likes: 3
Campfire Tracker
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Campfire Tracker
Joined: May 2014
Posts: 5,883 Likes: 3 |
Does anyone really think the CCP itself is not corrupt.
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Joined: Jan 2006
Posts: 69,581 Likes: 26
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,581 Likes: 26 |
It comes down to human greed. A guy makes 1/4 billion, legally or not. How much can he spend in a lifetime? It doesn't matter how much he can spend, he still wants more. Look at our pro athletes, making millions a year. They can't spend it all but its a game, a matter of making more than the next guy. Look at our high tech billionaires, Bezos, Gates, and the rest, incredibly wealthy but still fighting for more. There's never enough. You've heard the old saying about the millionaire who died. "How much did he leave? All of it."
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: May 2015
Posts: 2,126 Likes: 2
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,126 Likes: 2 |
Does anyone really think the CCP itself is not corrupt. 80 million U.S. voters appear to be ok with the CCP. Slavek tells me, wealthy folks are teaching their children mandarin. The media blasts Trump for his tough policies on China. Google and big tech love them. LeBron James is a big fan. Maybe we are just looking at this wrong, OldHat. I mean they are tough on crime and definitely support their law enforcement. ETA, to all my ancestors that fought communism, the above is tic.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Jan 2013
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Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2013
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They also execute you for jay walking, especially if you have good looking Kidney's and Liver that you may be willing or unwilling to donate.
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Joined: Apr 2005
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Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2005
Posts: 8,139 Likes: 1 |
So we are now advocating emulating the Chinese Communists?
“Factio democratica delenda est"
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Joined: Mar 2008
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Campfire Regular
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We aren't, but at least half of our Politian's seem to.
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Posts: 3,278
Campfire Tracker
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Campfire Tracker
Joined: Feb 2005
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It comes down to human greed. A guy makes 1/4 billion, legally or not. How much can he spend in a lifetime? It doesn't matter how much he can spend, he still wants more. Look at our pro athletes, making millions a year. They can't spend it all but its a game, a matter of making more than the next guy. Look at our high tech billionaires, Bezos, Gates, and the rest, incredibly wealthy but still fighting for more. There's never enough. You've heard the old saying about the millionaire who died. "How much did he leave? All of it." It's mostly about the power that the money brings. There are, however, lots of ways they spend it. I can link you to monoblock audio amplifiers that cost $37,000 each, and speakers that run north of $500K. You gotta have the best and most refined for your Manhattan penthouse and your estate in the south of France.
Haul ass, haul ass! - Pappy
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Joined: Feb 2005
Posts: 3,278
Campfire Tracker
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Campfire Tracker
Joined: Feb 2005
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Lai Xiaomin was convicted of receiving or seeking bribes totaling 1.788 billion yuan ($276.72 million) from 2008 to 2018, when he was also a senior banking regulator, according to the Secondary Intermediate People’s Court of Tianjin.
Totally unacceptable. They're supposed to be handing bribes out to US, UK, EU, and AUS politicians, not accepting them.
Haul ass, haul ass! - Pappy
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Joined: Jan 2006
Posts: 69,581 Likes: 26
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,581 Likes: 26 |
If you're going to accept bribes on that scale, you have to also pay out large bribes to the proper government officials to stay alive.
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Nov 2013
Posts: 29,031 Likes: 28
Campfire Ranger
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Campfire Ranger
Joined: Nov 2013
Posts: 29,031 Likes: 28 |
It comes down to human greed. A guy makes 1/4 billion, legally or not. How much can he spend in a lifetime? It doesn't matter how much he can spend, he still wants more. Look at our pro athletes, making millions a year. They can't spend it all but its a game, a matter of making more than the next guy. Look at our high tech billionaires, Bezos, Gates, and the rest, incredibly wealthy but still fighting for more. There's never enough. You've heard the old saying about the millionaire who died. "How much did he leave? All of it." The problem with Western gazillionaires is that they’re not content having more money than God, they want to tell everyone else what they should think and how they should live, especially if there’s even more money for them in it. Gates, for example, knows that climate change is a hoax, but there’s money and power to be had for those that run the scam. These guys have egos that dwarf those of most politicians.
What fresh Hell is this?
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Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
If someone would take the risk in a Country like China, I wonder how many would take the risk in Countries where the punishment is minimal if anything. You mean like the USA!
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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