Thursday, October 09, 2008

How does one man transfer the wealth of the USA to China?

...Correspondents: What is the biggest challenge for the World Bank today?
Paul Wolfowitz: One of the big challenges is to coordinate our efforts with all the other donors. That is a very difficult thing to do. Another big challenge is encouraging the countries we work with to determine and pursue good policies. We can't force them to pursue those policies. That is why it is so important to set an example that good policies make a difference. China is one perfect example.

The THEN World Bank President Paul Wolfowitz (R) and People's Daily correspondent Yong Tang.

Wolfowitz up to more mischief? (click here)
By Jim Lobe
WASHINGTON - Just 15 months after being forced to resign as president of the World Bank over a conflict of interest regarding his professional and personal relationship with his girlfriend, former deputy defense secretary Paul Wolfowitz may be involved in another, far more geostrategic conflict of interest.

It involves his dual roles as chairman of the State Department's International Security Advisory Board (ISAB) and chairman of the US-Taiwan Business Council. Among the latter's US members are military contractors who have been dying to get the George W Bush administration's approval to sell about US$11 billion worth of arms to the island to protect it against the threat of an attack by the mainland....



US told to increase nuclear arsenal as China threat looms (click here)
The US must increase its nuclear arsenal in response to China's growing military might, according to a State Department report.
By Malcolm Moore in Shanghai

Last Updated: 7:47PM BST
09 Oct 2008
The International Security and Advisory Board (Isab), which reports to Condoleezza Rice, the US secretary of state, warned that "holding the US homeland hostage to missile attack is important to Chinese military goals".
It claimed that China will have "in excess of 100 nuclear-armed missiles that could strike the United States" by 2015.
By contrast, it said the US had allowed its nuclear stockpile and expertise to "deteriorate and atrophy across the board" for the last two decades.
The ISAB is chaired by Paul Wolfowitz, the former World Bank president who was often referred to as the "major architect" of the war in Iraq while he was deputy defence secretary....


The UN Secretary General CANNOT stand on the side lines. There is huge opportunity for a few people on this planet to oppress the masses and cause issues with sovereignty that could lead to far reaching warfare. The UN Security Council has to act to protect all nations with review of any fiscal agreements being made. Those less able to take care of themselves are extremely vulnerable to compromise and to be used as strategic 'toys' for the Neocons.


UN chief urges donors to honor aid pledges despite financial crisis (click here)
www.chinaview.cn
2008-10-08 03:59:40
UNITED NATIONS, Oct. 7 (Xinhua) -- UN Secretary-General Ban Ki-moon expressed deep concern on Tuesday at the continuing financial crisis, urging donor countries to honor their commitments to helping the world's poorest people despite difficulties caused by the crisis.
"As secretary-general, I am very much concerned about the impact which this crisis may impose on the world's governments, particularly developed countries, donor countries, whose capacity may be weakened in addressing the Millennium Development Goals (MDGs), climate change and global food crisis," Ban told reporters at his first monthly press conference at the UN Headquarters.
Echoing a similar concern raised by World Bank President Robert Zoellick, Ban stressed that leaders of the Group of Eight industrialized countries had committed to providing annually 50 billion U.S. dollars for the purpose of helping developing countries in the 2005 Gleneagles summit....


This is no joke ! "Bailout Money" for Arms Escalation.

US violates pledge (click here)
(China Daily)Updated: 2008-10-06 07:40
...On Friday, the Bush administration notified the Congress that it plans to sell weapons worth $6.4 billion to Taiwan. In the catalogue is Patriot III anti-missile system, E-2T airborne early warning aircraft upgrade system, Apache helicopters and other equipment.
The proposed arms sales to Taiwan, rendered in a rush and lack of debate, are a severe violation of the principles set in the three joint communiques between China and the United States, especially the communique on the US arms sales to Taiwan signed on Aug 17, 1982....


How do Wolfowitz's DUAL roles feed into arms escalation?

Wolfowitz is leaning SOLELY on the 1979 Taiwan Relations Act (click here), while ignoring The One China Policy of 2007 (click here) which Barak Obama has already stated he will endorse. The two policies conflict. The Taiwan Relations Act states, Taiwan has to have all the weaponry it needs to oppose China. THAT, isn't going to work if Taiwan it going to join China in "The One China Policy."

If the USA is to uphold The One China Policy, it has to amend the Taiwan Relations Act to allow for transition of that policy to come to be realized. If the 'tensions' continue to exist between the USA and China over the hideous circumstances, there will ALWAYS be opportunity for a greater war and the need for China to continue to escalate its nuclear arsenal. It is a '? positive ? feed back loop.'

Follow?

So.

With Paulson spending MOST of his time as Secretary of the Treasury in China, it was time to come back to the USA to 'clean out' the Treasury and WITH SOLE AUTHORITY over $700 billion US; provide an arsenal for Taiwan before Georgie leaves office.

See, Hank ain't such a nice guy really. Just a very slick one. Shame on you, Hank. You should have come to realize there are actually folks out here that pay attention....and not as your 'Homeland Cheerleading Squad.'

Perhaps everyone would like to browse through the ...

Goldman Sachs Taiwan Select Index (Ticker GSTW50) - click here and page down. And the Goldman Sachs China Select Index (Ticker GSCS30) along with Goldman Sachs Asia Select Index (Ticker GSAS30).

Oh, yeah.

And to make your investing so much easier, you might want to download the Goldman Sachs, 'you name it we got it handbooks.' (click here) Such generosity in so many ways too, makes everyone feel like part of the family, all warm and cuddly inside.

Quite a 'Good Ole Boys Club,' aye?

Realizing how corrupt the Bush Administration is, any other country that is in dire straights might want to attempt selling out its sovereignty along with each one of its citizens 'first born' so McCain can promise he will never have more than JUST a volunteer military.

Iceland teeters on the brink of bankruptcy (click here)
(Agencies)Updated: 2008-10-08 11:42
REYKJAVIK, Iceland -- This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown.
Home to just 320,000 people on a territory the size of Kentucky, Iceland has formidable international reach because of an outsized banking sector that set out with Viking confidence to conquer swaths of the British economy, from fashion retailers to top soccer teams....


Have good day, now.

Ban Ki-Moon.

Where is Ban Ki-Moon when you need him?..........................