Posts Tagged ‘China’
Posted by Warm Southern Breeze on Wednesday, May 29, 2013
If you like bacon, ham, pork sausage, barbecue, ribs, or any other pork product – including cold cuts & pizza – get ready to pay at least 2 – 4 times more, and for shortages.
Wall Street minions – who manage Smithfield, an American company no more – have no patriotic qualms about taking food off your table and out of your mouth to feed the mouths of the people who steal our nation’s military secrets, defraud our motion picture & music copyrights, and have an historical track record of Shanghai-ing anyone & everyone who gets in their way.
You think I’m kidding, or that I don’t know what I’m writing about?
Just recollect back a few months – oh, say about 7 – to Thanksgiving in November 2012 when pecans were 2x – 3x the price they were usually.
And why was that?
After all, pecan farmers had a record bumper crop… and that typically translates into lower prices for consumers.
It’s because the Chinese suddenly discovered they liked pecans, and were willing to pay premium prices (translate: much MORE then you’re willing to pay), and so the growers shipped pecans over to China.
As I continue to contend, IT’S ALL ABOUT THE MONEY.
Okay… so it may cost more. So what?
How about this?
Were you aware that the Chinese company that bought Smithfield sold pigs that had been fed a substance banned in the USA & England & other nations?
Shuanghui Group, China’s largest meat processor, sold pigs fed Clenbuterol in 2011. Here are three links about the ordeal.
And, would it surprise you to find out that Goldman Sachs is one of the top investors?
1.) “According to Chinese government data, 18 outbreaks of food-related clenbuterol poisoning occurred between 1998 and 2007. The most recent report indicates one person died and more than 1,700 others fell ill.”
2.) “Meanwhile, at Jiyuan Shuanghui’s processing facilities, of the 689 pigs awaiting slaughter, 19 tested positive for clenbuterol. Shuanghui, which counts Goldman Sachs among its investors, has shut down the Jiyuan branch affected by the contamination so it can conduct its own inspection.”
3.) “And in recent months the additive has earned notoriety in China after a string of people got sick from eating pork products full of it. Hundreds took ill in one incident in March, and this week, 286 people in Hunan province after eating pork contaminated with ractopamine, a chemical very similar to clenbuterol. Chinese livestock farmers began using clenbuterol in pig feed in the late 1980s to boost growth and get animals to market faster, but it was banned in 2002 as the health risks of eating the meat became better understood. Clenbuterol-tainted meat dizziness, headaches, hand tremors, and other unpleasantness. It’s especially risky for people with heart troubles.”
Shuanghui Agrees to Acquire Smithfield Foods for $4.72B
By Shruti Date Singh and Jeffrey McCracken – May 29, 2013
Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.
Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.
China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’s website. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.
The takeover is valued at $7.1 billion including debt, which would make it the largest Chinese takeover of a U.S. company, according to Read the rest of this entry »
Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: Bacon, barbecue, BBQ, bellies, belly, Bloomberg, business, CBOT, Chicago, Chicago Board of Trade, China, corporate, cost, farmers, food, food poisoning, food safety, food security, Goldman Sachs, greed, ham, history, inflation, jobs, markets, money, Morgan Stanley, New York, pecans, Pizza, poison, pork, pork bellies, ribs, sausage, shank, Shuanghui, Simpson Thacher & Bartlett, Smithfield, Smithfield Foods, takeover, traitor, Troutman Sanders, Tyson Foods, United States | 2 Comments »
Posted by Warm Southern Breeze on Friday, May 3, 2013
Among defense contractors, QinetiQ North America (QQ/) is known for spy-world connections and an eye- popping product line. Its contributions to national security include secret satellites, drones, and software used by U.S. special forces in Afghanistan and the Middle East.
Former CIA Director George Tenet was a director of the company from 2006 to 2008 and former Pentagon spy chief Stephen Cambone headed a major division. Its U.K. parent was created as a spinoff of a government weapons laboratory that inspired Q’s lab in Ian Fleming’s James Bond thrillers, a connection QinetiQ (pronounced kin-EH-tic) still touts.
QinetiQ’s espionage expertise didn’t keep Chinese cyber- spies from outwitting the company. In a three-year operation, hackers linked to China’s military infiltrated QinetiQ’s computers and compromised most if not all of the company’s research. At one point, they logged into the company’s network by taking advantage of a security flaw identified months earlier and never fixed.
“We found traces of the intruders in Read the rest of this entry »
Posted in - Business... None of yours, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alabama, AMCOM, Army, Aviation and Missile Command, Barack Obama, Center for Strategic and International Studies, China, CIA, computers, cyber war, Defense contractor, Erik Schatzker, espionage, FBI, George Tenet, George W. Bush, hack, hackers, hacking, HSV, Huntsville, Lockheed Martin, military, NASA, National Security Agency, NSA, Qinetiq, Redstone Arsenal, RSA, secrets, spy, Stephen Cambone, United States, Verizon Communications, war | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, November 14, 2012
By GILLIAN WONG
— Nov. 12 8:18 PM EST
Jamphel Yeshi, a Tibetan exile, runs after setting himself on fire during a protest against the upcoming visit of Chinese President Hu Jintao to India in New Delhi March 26, 2012. Hu is scheduled to attend the BRICS (Brazil, Russia, India, China and South Africa) Summit in India on March 29. REUTERS/Stringer (INDIA – Tags: POLITICS CIVIL UNREST)
BEIJING (AP) — China accused the Dalai Lama of allying with Japanese right-wingers in an island dispute as a way of attacking China and blamed him for glorifying a wave of self-immolations among Tibetans. The comments came as state media reported two more Tibetans died after setting themselves on fire.
Chinese Foreign Ministry spokesman Hong Lei said the Dalai Lama’s comments in Japan on the island dispute showed his “reactionary nature” and determination to split China apart under the guise of religion.
“To achieve his separatist goal, he associated with Read the rest of this entry »
Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - Read 'em and weep: The Daily News | Tagged: Associated Press, Beijing, burning, China, Chinese government, civil unrest, communism, Dalai Lama, Dali Lama, death, fire, government, immolation, injustice, international, Ministry of Foreign Affairs of the People's Republic of China, New Delhi, news, peace, politics, suicide, Tibet, Tibetan people, unjust, Xinhua News Agency | Leave a Comment »
Posted by Warm Southern Breeze on Friday, October 12, 2012
The company is profitable.
Sensata Technologies, 2520 S. Walnut Road, Freeport, Illinois – which was created by Bain Capital in 2006 – develops, manufactures, and sells sensors and controls for major auto manufacturers such as Ford and General Motors.
Despite rising profits, the company plans to institute the final layoffs in November. The workers are training their Chinese replacements, who have been flown to Illinois by the company.
Republican presidential candidate Mitt Romney is a co-founder of Bain Capital, the private equity investment firm that created Sensata. According to SEC filings, Romney served as CEO of Bain Capital from its founding in 1984 until 2002. Romney, however, has repeatedly said he left the company in 1999.
The employees’ website is Bainport.com.
Why Romney can’t save the Sensata workers
By Dan Primack September 18, 2012: 4:43 PM ET
Sorry, but Mitt Romney won’t save the Freeport jobs
Protesters want Mitt Romney to intervene on their behalf.
FORTUNE — As Occupy Wall Street celebrated its one-year anniversary yesterday in Zuccotti Park, a much smaller group of protesters set up camp in the northwestern Illinois town of Freeport. They called it called BainVille, in sarcastic homage to the private equity firm they blame for outsourcing their jobs to China.
What the protesters want is for Mitt Romney to intervene on their behalf, leveraging both his national profile and his relationship with Bain Capital executives. And, in theory, it makes sense. After all, what presidential candidate wouldn’t want to help save 170 American manufacturing jobs? Particularly someone who talks about getting tough with China?
But it simply isn’t going to happen.
For the uninitiated, here’s a quick backgrounder: Late last year, a Bain-owned company called Sensata Technologies (ST) agreed to Read the rest of this entry »
Posted in - Business... None of yours, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: "Occupy Wall Street", Bain, Bain Capital, business, China, General Motors, GOP, Honeywell, hypocrisy, hypocrite, joblessness, liar, Mitt, Mitt Romney, Mitt the Twit, off shoring, Republican, Romney, Sensata, Sensata Technologies, traitor, Zuccotti Park | Leave a Comment »
Posted by Warm Southern Breeze on Monday, October 8, 2012
Who increased the debt? – h
According to the U.S. Treasury, China has divested 97% of its holdings of U.S. Treasury bills, falling from a peak of $210.4 Billion in May 2009, to $5.69 Billion in March 2011. T-bills mature in one year, or less and are sold to fund the nation’s debt. Chinese holdings of U.S. Treasury bills are reported in column 9 of the Treasury report linked here.
The cost of fighting a decade-long war was not funded. In fact, it was de-funded, because taxes were cut. That has NEVER been done in our nation’s history. NEVER.
Only an utter incompetent would cut income and increase spending. And yet, that’s exactly what happened.
Tax revenues as a %age of GDP gradually rose from 1995-2000 from ~28% to 30%, then gradually fell to ~26% in 2005. Since 1945, tax rates have continually fallen, yet it was during that time when tax rates were highest that our nation flourished, infrastructure was created, population and economic opportunity expanded, and small businesses flourished.
According to the United States Treasury, on January 20, 2009: Read the rest of this entry »
Posted in - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: China, Federal Financing Bank, government, Gross domestic product, U.S. Treasury, United States, United States Department of the Treasury, United States Treasury security | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, October 6, 2012
Mitt Romney, during the first Presidential Debate of 2012, said, “I’m sorry, Jim. I’m going to stop the subsidy to PBS. I’m going to stop other things. I like PBS. I love Big Bird. I actually like you too. But I’m not going to — I’m not going to keep on spending money on things to borrow money from China to pay for it. That’s number one.”
In a previous post I opined how his plan is asinine, because it represents only 0.0012% of the budget.
In a separate post in a different forum, in a thread in response to the topic of cutting PBS, someone wrote that no one (agency) wanted to take a cut, and that Mr. Romney had a valid point about borrowing from China.
That is a concern, and a valid point with which I share similar sentiment, that not only is it bad fiscal policy to borrow, but it is even more dangerous to allow a majority share of any nation’s debt to be held by foreign nations, multinational corporations and others not loyal to the United States. It is a matter of national security, with which the Joint Forces Command Read the rest of this entry »
Posted in - Even MORE Uncategorized!, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: Big Bird, China, Jim Lehrer, Mitt Romney, Multinational corporation, national security, PBS, Public Broadcasting Service, Romney, Sesame Street, United States, United States Treasury security | Leave a Comment »
Posted by Warm Southern Breeze on Friday, September 28, 2012
Originally entitled as: More Stupid Questions: The “More Cow Bell” Curve, and other Standard Equal (and Unequal) Distribution post
I have returned to the title which I originally started… though I vascillated between this one, as well:
Yes. More Stupid Questions… and, “I gotta’ have more Cow Bell.”
Okay, the title says it all.
That is, unless you don’t understand statistics, the bell curve and equal distribution.
But, just in the case you don’t, here’s some low-down.
According to estimates by the United States Census Bureau, our nation’s population has recently exceeded 314,469,757. And with 4.47% of the world’s population, we are the 3d most populous nation in the world. China & India, with 1,344,130,000 (19.13%) & 1,241,491,960 (17.19%), are 1st & 2d, respectively. American population is about 25% the population of India. Expressed another way, India has 75% more people than the United States.
I mentioned those figures just to give an idea of how small the U.S. really is by comparison.
Nevertheless, I digress. And so quickly! (My goodness!) Let’s return to statistics, the bell curve and equal distribution.
As you may have read in a previous post entitled “Ask a silly question, get a silly answer. Yes, there’s such thing as a STUPID question.”, “the bell curve is used to display information.”
In that post I had explained, writing that, Read the rest of this entry »
Posted in - Even MORE Uncategorized!, - Lost In Space: TOTALLY Discombobulated | Tagged: Bell Curve, black, China, cow bell, cowbell, crime, demographics, government, Grade, incarceration, India, justice, law, New Hampshire, Normal distribution, Office of Justice Program, Office of Justice Programs, Oklahoma, population, prison, race, Race and ethnicity in the United States Census, Standard deviation, statistics, The Bell Curve, United States, United States Census Bureau, United States Department of Justice, unusual, White | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, September 11, 2012
Where’s Chairman Mao when you need him, eh?
Foxconn denies using forced student labor to make Apple iPhones
By Jessica Guynn and Julie MakinenSeptember 11, 2012, 11:24 a.m.
Foxconn Technology Group is denying reports in the Chinese media that it forced vocational students to work at factories that make iPhones.
Tourist and Apple devotes stop and pose to take pictures of the Apple logo adorned front facade of the Yerba Buena Center for the Arts in San Francisco, California, USA, 09 September 2012, three days before the anticipated iPhone 5 announcement will be made. EPA/PETER DaSILVA
The controversy targeting Apple’s manufacturing partner in China comes as Apple is expected to unveil the latest iPhone on Wednesday.
Foxconn, which in recent months has come under heavy scrutiny in connection with working conditions in its factories, has conceded that Read the rest of this entry »
Posted in - Even MORE Uncategorized!, - Read 'em and weep: The Daily News | Tagged: Apple, assembly, AT&T, cell, cellular, China, China Labor Watch, forced, Foxconn, Huai, interns, iphone, iPhone 5, labor, Li Qiang, New York Times, NexTel, plant, Sprint, Verizon, WiFi | Leave a Comment »
Posted by Warm Southern Breeze on Monday, September 10, 2012
“They are free to leave anytime.”
Gee… sounds almost like a Republican-dominated America.
The iPhone 5 (which will presumably be it’s moniker) is due to be released soon.
How could this affect Apple?
China Plant Assailed Again Over Work for Apple
Published: September 10, 2012
SHANGHAI — As Apple prepares to unveil the latest iPhone this week, the company’s manufacturing partner in China, Foxconn Technology, is coming under renewed criticism over labor practices after reports that vocational students were being compelled to work at plants making iPhones and their components.
Foxconn has come under intense scrutiny in recent months over working conditions inside its factories. Ym Yik/European Pressphoto Agency
Foxconn has acknowledged using student “interns” on manufacturing lines, but says they are free to leave at any time. But two worker advocacy groups said Monday that they had spoken with students who said they had been forced by their teachers to assemble iPhones at a Foxconn factory in Zhengzhou, in north-central China.
Additionally, last week Chinese state-run news media reported that several vocational schools in the city of Huai’an, in eastern China, required hundreds of students to work on assembly lines at a Foxconn plant to help ease worker shortages. According to one of the articles, Huai’an students were ordered to manufacture cables for Apple’s new iPhone 5, which is expected to be introduced on Wednesday.
“They said they are forced to work by the teachers,” Li Qiang, founder of China Labor Watch, one of the advocacy organizations and a frequent critic of Foxconn’s labor policies, said in an interview on Monday. Mr. Li said his staff had Read the rest of this entry »
Posted in - Lost In Space: TOTALLY Discombobulated, - Read 'em and weep: The Daily News | Tagged: Apple, Barack Obama, China, China Labor Watch, Fair Labor Association, Foxconn, Hewlett-Packard, Huai, iPad, iphone, Shanghai Daily, Web Design and Development | Leave a Comment »
Posted by Warm Southern Breeze on Friday, December 10, 2010
Posted in - Lost In Space: TOTALLY Discombobulated, - Uncategorized | Tagged: Asia, Chiang Kai-shek, China, fry, Han Dynasty, history, Hong Kong, language, linguistics, Ming Dynasty, Personalities, Qing Dynasty, ShuUemura, Statue Square, stir fry, The Amazing Race, United States, wear, William Bright, wok, WuTangClan | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, March 23, 2010
Ta-daah! This entry is about…. SEX!
Specifically, sexual prophecy!
Read on! …Continue…
Posted in - Did they REALLY say that?, - Faith, Religion, Goodness - What is the Soul of a man? | Tagged: abortion, birth control, Catholic, cheating, children, China, Chinese, Christ, church, conjugal, contraception, Daddy, death, events, faith, family, forced, freedom, future, God, goodness, health, heterosexual, Humanae Vitae, infidelity, Jesus, love, Mama, man, mandated, mandatory, marriage, morality, morals, more sex, mother, one child policy, papa, partners, Paul Marx, pleasure, Pope, Pope Paul VI, privacy, procreation, prophecy, religion, sex, sexuality, sexy, slavery, tool, United States, used, values, woman | 2 Comments »
Posted by Warm Southern Breeze on Thursday, November 19, 2009
The Associated Press is reporting that China’s health minister stated recently that 1.5 million Chinese citizens are being inoculated daily with H1N1 (swine flu) vaccine. They hope to have vaccinated nearly 7% of that nation’s population by this year’s end. Thus far, more than 50 Million Chinese people have been immunized, according to Chen Zhu, whom spoke from the Global Forum for Health Research being held in Havana, Cuba.
China is the world’s most populous nation, which CIA estimates in July 2008 placed at 1,330,044,544.
To give you an idea of the enormity of that task, if Chinese officials continue at that present rate – 1.5 million daily – it’d take 2.4293051 years (or, 2 years, 5ive months, 4 days, 13 hours) to completely inoculate the entire Chinese population.
And you wonder why they can get things done? (They ARE, after all, building the world’s largest hydroelectric dam. And we Americans have trouble figuring out if everybody in this nation needs healthcare, and how to get it done?)
Posted in - Read 'em and weep: The Daily News | Tagged: AP, China, git 'r done, H1N1, healthcare, inoculation, news, population, swine flu, vaccine | Leave a Comment »