Hong Kong Pension fund nightmare.

by 2 Mon Mar 14, 2005 12:18

http://news.scotsman.com/latest.cfm?id=4252604
http://news.bbc.co.uk/2/hi/asia-pacific/4346629.stm

The british don't like that.
Neither do the Americans.
Neither Taiwan nor China may properly be considered to be level 3 emerging democracies.
We dont like that.
the Union (europe) sells China weapons.
The States (american) sell Taiwan weapons.
In China you get locked up for protesting.
In Taiwan you get locked up for chewing gum.

There have been no further progress reports on the grass root groups Solenopsis invicta (Hymenoptera: Formicidae) as they continue their march on Beijing.

by leeson baring - "boo!" Sun Mar 13, 2005 11:14

Red Ants-
"Along with such weighty issues as an anti-secession law and a leadership transition, China's parliament has also
weighed the threat of invasion -- by red ants.
Hong Kong has been battling to stop the spread of the ants, whose fiery sting can be fatal to humans, since they were first found in the southern territory in January. Then the insects were found to have moved north into the neighbouring province of Guangdong. "Prompt, effective measures should be taken to stop hazardous red fire ants from making inroads into north China where the national capital of Beijing is located," Xinhua news agency quoted a delegate to parliament as saying on Sunday. Zhang Zhongning proposed thorough border checks to keep the ants from marching into the heart of Beijing. "The fire ants can bring huge damage to cropland and electrical wires," said Zhang, a scientist from the Institute of Zoology under the Chinese Academy of Sciences."

read it all @ sources-
http://www.swissinfo.org/sen/swissinfo.html?siteSect=143&sid=5597718
http://news.xinhuanet.com/english/2005-03/13/content_2690287.htm
"china warned of alien pest danger months ago":-
http://www.thestandard.com.hk/stdn/std/Front_Page/GB14Aa02.html

Meanwhile on the other side of reality,
markets were effected by the ripple of gambling stock market angst "the divils game that it is", which greeted uncertainty emerging from the collapse of the post Hong Kong power transfer deal as perceived at the grass roots level.
Let us make no mistake, many millions of ordinary Hong Kongese expected the British Empire to honour their passports, and deliver them from the big red monster of Beijing. Accordingly in a move to appease the grass rooters (but not the solenopsis invicta variety) China has installed Donald Tsang as Governer type dude, who will take up the post Chris Patton post until 2007.

Some western observers are asking if this new leadership is legal. ( I dunno ask that bastard Kevin Myers. )

- "Pro-democracy lawmakers and the Hong Kong Bar Association have argued during the past week that the law clearly says any elected chief executive serves a full five-year term. They fear that China was pressuring the government to twist the law for Beijing's purposes, endangering Hong Kong's legal integrity — one of the territory's strong points.

One popular theory was that Chinese leaders want Tsang — a career civil servant — to serve for two years so they can test his loyalty. If he does well, he would get a five-year term. Hong Kong's leaders are picked by an 800-person panel dominated by pro-Beijing people.

During his first news conference Saturday, Tsang noted the controversy. "We understand that there are different views in the community," he said."
He made it big, not on the gambling tables of the Jockey club, but rather by impressing everyone in 1998 by spending over 20mil$(US) in fighting off speculators during the Asian Financial Crisis.

It is hoped Mr Tsang will help his Chinese partners in development of the poorer provinces of China to the west and south and north and in the middle, and most of the east, and downtown Kowloon, and just under the airport, by diverting profits from the "really rich people" to "everyone else".

Q. How will this effect the monopoly board?
A. Well, that's a toughie, mortgages will remain stable, so your rent oughtn't to jump, Ryanair have suffered heavy losses since their re-weighting and the beginning of the boycott two weeks ago, and Irish biotech company Elan has returned to its end of 2003 value. So this might be a time for gamblers to avoid high risk investments such as real estate and biotech, not only because God is reported as saying so, "thou shallt not invest in biotech" and "Talmudic property assets shall not include land" but also because you must never forget that the value of your investment can go down as well as up. consult your broker for details.

http://observer.guardian.co.uk/international/story/0,6903,1436481,00.html

for more info on Solenopsis invicta (Hymenoptera: Formicidae) and similar grass root species explore link-
http://antbase.org/

six legs good - antennae cool! & the smell stuff? wow.