Saturday, October 13, 2012
Friday, October 12, 2012
Pierre Trudeau's Hero Bar None Fascist Comrade Chairman Mao'sky
http://www.cbc.ca/archives/categories/politics/international-politics/revolution-and-evolution-in-modern-china/trudeau-goes-to-china.html
Secret meetings were undertaken to allow for Trudeau to get trained by this future [pre-ordained] regime's global'hungry leader. You see, notions of China's so called "Rise" was planned in the minds of the worlds mass media many years before infamous Summer Olympics Games, much farther back in fact! Carefully contrived and engineered by the Bank Of England [my opine], the Rothschild's.
Trudeau's Wheat deals..[Or Were They Just About Wheat]
Secret meetings were undertaken to allow for Trudeau to get trained by this future [pre-ordained] regime's global'hungry leader. You see, notions of China's so called "Rise" was planned in the minds of the worlds mass media many years before infamous Summer Olympics Games, much farther back in fact! Carefully contrived and engineered by the Bank Of England [my opine], the Rothschild's.
Trudeau's Wheat deals..[Or Were They Just About Wheat]
A Crime of Trudeau
Canadian Wheat Paid by Red China's Dope
Under the leadership of its leftist Prime Minister Pierre Elliott Trudeau, the Canadian Government has officially recognized the communist government of China.
The decision may have been acclaimed by money men whose primary end of life lies in trade, more especially export trade. Continental China offers them the largest market in the world. With its more than 700 million population, it can absorb vast tonnages of our Canadian wheat; this has already begun and will only be increased: a vision that has dissipated all consideration of the inhuman character of Mao's government. Money knows no religion, no ideology, no more than did the men commissioned by Trudeau to negotiate with Mao's men the terms of the recognition.
Exported wheat leaves Canada. Chinese payments come or will come into Canada. What else can be of account in a materialistic world?
The color of a government does not affect the value of money, is a current slogan. This is a rather superficial argument, because, even from a money point of view, the result may prove catastrophic and costly in expenses incurred to protect our population against subversion or Chinese dope, to seek and pursue the offenders, to treat their victims, etc.
How Can China pay?
In the international trade, imports can finally be paid only by exports. The Chinese money does not circulate out of China. For the foreign goods she imports, China must get foreign money, and she cannot obtain foreign money except by selling her own goods outside. This means that China must export some of her own production for a value equating the value of the foreign goods she imports.
In an article published in "The Review of the News", Nov. 25, 1970, authored by an American writer, George S. Schuyler, this point is stressed and may help to foresee the consequences of Trudeau's deal with Mao.
How can China pay for her imports from Canada or from any other country? We quote from Schuyler's article:
"Despite its vast territory and its control of the world's largest population, Red China has nothing but love to give in exchange for the goods it is supposed to be seeking from Canada and others of our allies. Having only subsistence agriculture, and even more backwards in technology than the Soviet Union, nobody wants its shoddy goods and machinery, not even the Africans. Without foreign exchange, Mao can buy little abroad.
"Aside from subversion (in which it is admittedly as adept as Moscow), Red China has for export only dope, being the world's largest producer of opium, refined into morphine and then heroin, which is •increasingly destroying the mental fibre of the West ".
George Schuyler does not consider the harm done limited to Canada. The door is just wide open to the whole of North America:
"Canada, with its long, undefended, and largely unwatched border with United States, provides an ideal base from which to move narcotic drugs into America's cities, and is, destined to become exactly that when relations between it and Peking are formalized and the heroin-stuffed diplomatic poaches -begin flying with regularity. Instead of this menace being thousands of miles away, it will be on our doorstep, supplementing the supply smuggled into New-York by the Mafia and in boats traversing the St. Lawrence Seaway."
This danger cannot be ignored. The illegal traffic of narcotics has gone on until now, in spite of specialized and well-trained agents of the both Canadian and American police forces and of the Interpol, and in spite of the heavy penalties awaiting caught offenders. How much more difficult will it not be to check this evil when practised by individuals whose briefcases cannot be visited even on founded suspicion, because they will be members of an embassy's staff, a consulate, or of a diplomatic commission !
It is well known that the diplomatic establishments of communist governments in countries of the free world are particularly stuffed with personnel, as compared with similar establishments of non-communist governments. In Schuyler's words:
"With little or no trade at all, the Communists customarily have hundreds in a single diplomatic mission. Mao's set up in Canada will be no exception. There will be Chinese consulates spread across the country, from Victoria and Vancouver to Winnipeg, Windsor, Toronto, Ottawa, Montreal and Quebec. Peking has graciously agreed to let Canadian emissaries range that country unrestrictedly, and of course Canada is granting reciprocity. Such mobility for Mao's arrest-free diplomats will mean a lot for Red China's dope trade."
Local Collaboration
In fact, these overstaffed red embassies and consulates are used for other purposes than normal international politic or commercial relations. They harbor a number of specialists in revolution, trained subverters, agitators, spies and agents of other illegal activities. The Gouzenko case in Canada offered a spectacular proof of it.
The Gouzenko case showed also how easily an enemy installed in our midst, under a diplomatic cover could, for money, recruit Canadian cooperators from various careers, even from the Canadian Parliament, to serve his spying organization. It will be even easier to do it for a narcotic enterprise with its allurement of large sums of money to be realized in a short time.
As George Schuyler puts it in reference to the Gouzenko affair:
"There is no reason to suppose that this enlistment of Canadian citizens with the international Communist apparatus was discontinued with the exposure of their game. Nor is there any justification for assuming that the Embassy of the Chinese People's Republic will not operate likewise, using the Canadian crime syndicate through TRIAD to push heroin trade in the United States."
TRIAD and Mao
George Schuyler is justly concerned about the possible extension of the narcotic trade in his country, the United States, which may result from the opening of Canada to Mao's agents. We may be sure that Mao has his eyes keenly opened on the whole of North America. He took avail of all the circumstances to influence the policies of Africa and South America. In the case of North America, the take-over by Communism is worth all that can be put out. Mao, for his part, will select his most able hands for the purpose. He has shown it in the appointment of his first ambassador at Ottawa (See the article from "Twin Circle" reproduced in another page of this issue).
But what is the TRIAD referred to above? Quoting again Schuyler:
"TRIAD is the Chinese counterpart of the Mafia. Its name means The Society of Heaven, Earth, and Man.
"TRIAD started as a sacred patriotic group aimed at overthrowing the Manchu Government, and one of its early leaders was Dr. Sun Yat-sen, later first president of China.
"With the eclipse of this Nationalist Government, the Red machine took over the TRIAD apparatus, which by that time had already become a crime syndicate operating along the whole Pacific littoral, wherever there was a Chinese tong. Upon his triumph, the patriotic President Sun Yat-sen had ordered the dissolution of TRIAD. But, as has so frequently happened in history, it had by then become too lucrative to throw away. It went into smuggling back and forth Chinese laborers and white women. There was also gambling, and anything else that made big money. Coastwise junks and deep-sea fishing boats linked all of Chinese ports with any place having a sizable Chinese colony.
"Mao Tse-tung now Controls this international apparatus. He not only controls its criminal activities, but uses it as an adjunct to his revolutionary prescriptions which, like those of the Russians, are aimed at demoralizing and thus subjugating he world."
The present chairman of TRIAD is Mao himself. With the promoted cultivation' of opium, from which profits the Government draws a big share, Mao nets a billion dollars a year. This will doubtless be increased with the new facilities procured by Trudeau's recognition of Red China to the marketing of narcotics derived from that country's opium.
Towards Admission to UNO
The diplomatic recognition of Red China by the Canadian government may be considered as a big step towards the admission of this conscience-less country to the United Nations Organization. This means the discarding of the fine Taiwan Formosan republic, and the enthroning of criminal Red China in the senate of five nations enjoying the privilege of the "Veto" as well' as permanent member of the international Security Council. The Canadian recognition increases considerably the prestige of Communist China and strengthens the communist party about everywhere in the planet. Other nations are encouraged to imitate Canada. Italy has already followed in Canadian footsteps; and the Vatican and Austria are expected to do so.
Naive commentators may think, say and write that the admission of China to the UNO would contribute to moralize it and help solve the dope problem. There it no foundation for such hope. It is just wishful thinking. The facts show that the admission into the UNO of countries producers of opium, thus Burma or Lebanon, has in no way lessened their plantations of Pappaver Somniferum (the opium poppy).
Youth Victimized
George Schuyler again :
"We have not begun to solve our narcotics problem. On the contrary it has worsened, with sellers of drugs on every campus, and children of the rich and poor "hooked" in every suburb and high school.
"If we have not been able to stop the traffic across the Atlantic and Pacific, can we be more successful on that across the long border with Canada? Narcotics still get across the Mexican border, though it is open space and well patrolled. The U.S.-Canadian border is four times as long, and it is in many places far more-inaccessible to law officers. Our network of roads is the world's greatest; and once across the Canadian border with briefcase loaded with heroin, a hiker can hire a car anywhere. And there are, after all, plenty of subversives on both sides of the border ready to render a helping hand, with such rich rewards.
"There is more money to be made from the sale of narcotics than in any other way. The police knows from where it comes, but catching the messengers is something else again. Moreover, distance no longer makes any difference. It is the ruthlessness of the crime apparatus that counts, and when this apparatus is backed by powerful governments, it is almost unbeatable. So the utmost pessimism about the Red Chinese moving in next door to ours is warranted."
Yes it is, Mr. Schuyler. But the school children and students of the United States will not be the sole victims of the supplement of dope brought to our Continent by the dirty act of Trudeau's government. Between the entry of Red Chinese dope into Canada and its crossing over to the United States, there are schools and universities filled with Canadian youth of varying ages, also offering a prey to sellers of dope. Victims of Trudeau's diplomatic negotiations with Mao will be our own sons and daughters as well as sons and daughters of our neighbours south of us. We'll be made to pay our part of the bill to Mao's communist band of poisoners. And not only in money: there are damages done to souls and bodies that can never be repaired.
Shame on Trudeau, on the "Red-as-a-Beet Trudeau", so termed by the author we have largely quoted.
A Trudeau's accomplishment
Shame on Trudeau, because this is his work, although urged for years before by the marketers of the Canadian grain. Tonnages of our wheat had already been sold at favored terms to feed Mao's starving slaves. But it took the advent of the leftist Trudeau to deliver a certificate of honesty to the bloody dictator.
The diplomatic recognition of Red China was not, however, an overnight decision. For two years; the two commissions of negociators, Mao's and Trudeau's, had held secret talks in Stockholm, a city favored by communists for official or private encounters with delegations of the free world. In the course of these meetings, trade and money questions, as well as politic relations, must have been largely dealt with. But it is doubtful whether the narcotics subject was as much as mentioned. But even if it was, what matters? Experience shows that declarations and signatures from Communist powers cannot be trusted: they can be turned by them to signify anything suiting their purpose.
The establishment of an embassy in Burundi, a little republic of Central Africa, gave rise to political troubles causing the murder of the prime minister on the steps of the capitol. This does not mean that the same thing will happen in Canada. But it may well happen that some FLQ or another similar group, supported by Maoist agitation sap and finance, give rise to troubles more difficult to deal with than those of October last (1970). Whatever else may be, one thing leaves- in doubt: the drug problem, both in Canada and in the United States will only be worsened.
The diplomatic recognition of Red China is a crime. In the history of our country, the term of Trudeau at the head of the federal government will have been baneful — baneful for Canada and baneful for the great republic that only a peaceful frontier of 3,000 miles separates from Canada.
If Pierre Elliott Trudeau was barred from-the United States as undesirable in 1955, his political attitude towards communist China, now that he leads the government of his country. only confirms the rightness of judgment of those who at that epoch sought to protect their population against his pro-communist (to say the least) propensions and activities. They must now find that the man, in his political ascent, has little or not at all changed.
How could the electorate of Canada become so enamored of Trudeau as to raise him so rapidly, from a newcomer in politics to the summit function' in the government of their country ? The answer is in the CBC. The television and other brain-washing mass media, so largely in the hands of Masons and Reds, can take any demon and in about no time build him up into a saint.
Friday, October 5, 2012
The XL Pipeline Latest
Diane Francis
Letting China Inc into the oil patch could scuttle Keystone XL
Getty ImagesLetting China Inc. have special access could give President Obama a reason not to approve the Keystone pipeline.
Letting China Inc. have special access could give President Obama a reason not to approve Keystone, and could also give Romney, if he wins, a reason to give approval, as he has pledged to do on Day One.
I raise the issue of Keystone XL, not because the Americans have a right to tell us what to do, but because they always do what is in their national interest. So does China and it has obviously targeted the oil sands with a view toward diverting its oil to China. That is the endgame, make no mistake about it. This is not about Nexen, or offering opportunities to Canadians to do business in China.
The proposed bilateral Foreign Investment Promotion and Protection Agreement with China would give its entities the same recourse and dispute settlement mechanism (called Chapter 11 in NAFTA) as Americans have through NAFTA. They can claim discrimination if denied investments or immigration requests.
This should unsettle Canadians. Chinese companies here and elsewhere have behaved questionably and, besides, there is no rule of law in China. This means Canadian companies and individuals will not enjoy the privileges we are extending to them.
The CNOOC/Nexen deal, and trade deal, are not in the “national interest” of Canada, in my view, which is the issue that is under scrutiny by Investment Canada.
So, to underscore, if the Tories in Ottawa and Edmonton decide to open the oil business to China Inc., then the Americans could decide not to approve Keystone and become dependent on another huge pipeline from Alberta where foreigners will dominate.
Chinese companies have become aggressive, both here and in the U.S. Last week, one sued authorities and President Obama for banning it from buying power generation facilities using wind.
Here, the under-publicized cautionary tale about one of China’s largest state-owned enterprises bears repetition and the latest developments are concerning:
In 2007, gigantic state-owned enterprise, Sinopec Shanghai Engineering and its Canadian subsidiary SSEC Canada brought in 132 temporary workers from China to build storage tanks at an oil sands project.
In April 2007 an accident there killed two and injured five workers. The rest were quickly sent home.
November 2011, the Alberta Court of Appeal said Sinopec could be charged. In January 2012, Sinopec’s vice chair announced the company would ask the Supreme Court of Canada to exempt it from Canadian laws on the same basis.
In July, the Supreme Court of Canada refused to hear the appeal. No reason given.
In September, SSEC Canada and Alberta prosecutors made a deal to avoid a trial and the company pleaded guilty to three workplace safety charges and admitted its unsafe practices resulted in the deaths of two workers and injuries to another five.
Meanwhile, the Alberta Employment Standards discovered the wages and benefits owed to the workers had not been paid and the $3.17 million had gone back to the company in China. Even though it was not responsible, CNRL agreed in 2007 to give Alberta the millions in trust for these workers.
One of the workers, Huang Yungang, launched a lawsuit against Sinopec to recover $42,900 of his wages with the help of the Christian Labor Association of Canada. He later dropped the lawsuit after he returned to China and, in court documents, Sinopec and SSEC said the worker agreed to contribute part of his wages to social welfare and insurance funds in China.
In an interview this week, an Alberta Employment spokesman said the money was given back to CNRL but the company has committed to pay the funds up until 10 years from the accident should workers be found.
“A consistent effort has been made by the government to try and locate these workers, that involved discussions with the company and with the Chinese government. We have yet to be able to identify where these workers may be located. We are still open to any communication,” said the Alberta spokesman.
So ask yourself. Do we need to let China control our companies and resources? Do we want China to be able to claim discrimination when it loses contracts and deals or to litigate against immigration or workplace rules and regulations?
Do we need to build a pipeline to the west coast for China? No – but we need that pipeline. The pipeline should be built by Canadian governments and the oil should be made available to the highest bidders be they Japanese, Korean, Taiwanese, Chinese or refineries in California, Mexico or South America.
Do we need Keystone to be built? You bet. Approval for that pipeline is unquestionably in Canada’s “national interest”.
Letting the Chinese Trojan Horse gallop into our country is decidedly not.
I raise the issue of Keystone XL, not because the Americans have a right to tell us what to do, but because they always do what is in their national interest. So does China and it has obviously targeted the oil sands with a view toward diverting its oil to China. That is the endgame, make no mistake about it. This is not about Nexen, or offering opportunities to Canadians to do business in China.
The proposed bilateral Foreign Investment Promotion and Protection Agreement with China would give its entities the same recourse and dispute settlement mechanism (called Chapter 11 in NAFTA) as Americans have through NAFTA. They can claim discrimination if denied investments or immigration requests.
This should unsettle Canadians. Chinese companies here and elsewhere have behaved questionably and, besides, there is no rule of law in China. This means Canadian companies and individuals will not enjoy the privileges we are extending to them.
The CNOOC/Nexen deal, and trade deal, are not in the “national interest” of Canada, in my view, which is the issue that is under scrutiny by Investment Canada.
So, to underscore, if the Tories in Ottawa and Edmonton decide to open the oil business to China Inc., then the Americans could decide not to approve Keystone and become dependent on another huge pipeline from Alberta where foreigners will dominate.
Chinese companies have become aggressive, both here and in the U.S. Last week, one sued authorities and President Obama for banning it from buying power generation facilities using wind.
Here, the under-publicized cautionary tale about one of China’s largest state-owned enterprises bears repetition and the latest developments are concerning:
In 2007, gigantic state-owned enterprise, Sinopec Shanghai Engineering and its Canadian subsidiary SSEC Canada brought in 132 temporary workers from China to build storage tanks at an oil sands project.
In April 2007 an accident there killed two and injured five workers. The rest were quickly sent home.
After an investigation, Alberta health and safety officials laid 53 health and safety charges against Sinopec, SSEC and their client, Canadian Natural Resources Ltd. (CNRL). Alberta was unable to serve Sinopec in China so took the matter to court.
Sinopec said that it had no official presence in Canada and could not be charged. (Sub SSEC Canada has one employee and is 90% owned by Sinopec, according to newspaper reports).November 2011, the Alberta Court of Appeal said Sinopec could be charged. In January 2012, Sinopec’s vice chair announced the company would ask the Supreme Court of Canada to exempt it from Canadian laws on the same basis.
In July, the Supreme Court of Canada refused to hear the appeal. No reason given.
In September, SSEC Canada and Alberta prosecutors made a deal to avoid a trial and the company pleaded guilty to three workplace safety charges and admitted its unsafe practices resulted in the deaths of two workers and injuries to another five.
Meanwhile, the Alberta Employment Standards discovered the wages and benefits owed to the workers had not been paid and the $3.17 million had gone back to the company in China. Even though it was not responsible, CNRL agreed in 2007 to give Alberta the millions in trust for these workers.
One of the workers, Huang Yungang, launched a lawsuit against Sinopec to recover $42,900 of his wages with the help of the Christian Labor Association of Canada. He later dropped the lawsuit after he returned to China and, in court documents, Sinopec and SSEC said the worker agreed to contribute part of his wages to social welfare and insurance funds in China.
In an interview this week, an Alberta Employment spokesman said the money was given back to CNRL but the company has committed to pay the funds up until 10 years from the accident should workers be found.
“A consistent effort has been made by the government to try and locate these workers, that involved discussions with the company and with the Chinese government. We have yet to be able to identify where these workers may be located. We are still open to any communication,” said the Alberta spokesman.
So ask yourself. Do we need to let China control our companies and resources? Do we want China to be able to claim discrimination when it loses contracts and deals or to litigate against immigration or workplace rules and regulations?
Do we need to build a pipeline to the west coast for China? No – but we need that pipeline. The pipeline should be built by Canadian governments and the oil should be made available to the highest bidders be they Japanese, Korean, Taiwanese, Chinese or refineries in California, Mexico or South America.
Do we need Keystone to be built? You bet. Approval for that pipeline is unquestionably in Canada’s “national interest”.
Letting the Chinese Trojan Horse gallop into our country is decidedly not.
Clinton/Riady/Bush Timelines
FROM THE PROGRESSIVE REVIEW'S BUSH & CLINTON TIMELINES
1976
Two Indonesian billionaires come to Arkansas. Mochtar Riady and Liem Sioe Liong are close to Suharto. Riady is looking for an American bank to buy. Finds Jackson Stephens with whom he forms Stephens Finance. Stephens will broker the arrival of BCCI to this country and steer BCCI's founder, Hassan Abedi, to Bert Lance.
Riady's teen-age son is taken on as an intern by Stephens Inc. He later says he was "sponsored" by Bill Clinton
1977
Apparently because of pressure from Indonesia, Riady withdraws his bid to buy Lance's 30% share of the National Bank of Georgia. Instead, a BCCI front man buys the shares and Abedi moves to secretly take over Financial General - later First American Bankshares -- later the subject of the only BCCI-connected scandal to be prosecuted in the US.
1982
Financial General changes its name to First American and Clark Clifford is appointed chairman. BCCI fronts begin acquiring controlling interest in banks and other American financial institutions. In Arkansas, Jim McDougal purchases Madison Guaranty Savings & Loan.
1983
Mochtar Riady forms Lippo Finance & Investment in Little Rock. A non-citizen, Riady hires Carter's former SBA director, Vernon Weaver, to chair the firm. The launch is accomplished with the aid of a $2 million loan guaranteed by the SBA.
Weaver uses Governor Clinton as a character reference to help get the loan guarantee. First loan goes to Little Rock Chinese restaurant owner Charlie Trie.
State regulators warn McDougal's Madison Guarantee S&L to stop making imprudent loans. Gov. Clinton is also warned of the problem but takes no action.
Jackson Stephens forms United Pacific Trading with Mochtar Riady to do business in the U.S. and Asia.
1984
Stevens and Riady buy a banking firm and change its name to Worthern Bank with Riady's 28-year-old son James as president. Other Worthen co-owners will eventually include BCCI investor Abdullah Taha Bakhish.
The Federal Home Loan Bank Board issues a negative report on Madison Guaranty, questioning both its lending practices and its financial stability. The Arkansas Securities Department begins to take steps to close it down.
Foreshadowing future Wall Street interest in Clinton, Goldman Sachs, Payne Webber, Salomon Brothers and Merrill Lynch all show up as financial backers of the governor. Also on the list: future king-maker Pam Harriman.
But Bill Clinton's funders include not only some of the biggest corporate names ever to show an interest in the tiny state of Arkansas but some of the most questionable. A former US Attorney will later tell author Roger Morris, "That was the election when the mob really came into Arkansas politics. . . It wasn't just Bill Clinton and it went beyond our old Dixie Mafia. . . This was eastern and west coast crime money that noticed the possibilities just like the legitimate corporations did."
Tens of thousands of dollars in mysterious checks begin moving through Whitewater's account at Madison Guaranty. Investigators will later suspect that McDougal was operating a check-kiting scheme to drain money from the S&L.
Ronald Reagan wants to send the National Guard to Honduras to help in the war against the Sandanistas. Massachusetts Governor Michael Dukakis goes to the Supreme Court in a futile effort to stop it but Clinton is happy to oblige, even sending his own security chief, Buddy Young, along to keep an eye on things. Winding up its tour, the Arkansas Guard declares large quantities of its weapons "excess" and leaves them behind for the Contras.
1985
The New Jersey securities firm Bevill, Bresler & Schulman files for bankruptcy amid fraud charges and an estimated $240 million in losses; one of the biggest apparent losers is Stephens-dominated Worthen Bank, which holds with Bevill $52 million of Arkansas state funds in uncollateralized repurchase agreements.
Arkansas state pension funds -- deposited in Worthen by Governor Bill Clinton -- suddenly lose 15% of their value because of the failure of high risk, short-term investments and the brokerage firm that bought them. The $52 million loss is covered by a Worthen check written by Jack Stephens in the middle of the night, an insurance policy and the subsequent purchase over the next few months of 40% of the bank by Mochtar Riady. Clinton and Worthen escape a major scandal.
Mochtar and James Riady engineer the takeover of the First National Bank of Mena in a town of 5,000 with few major assets beyond a Contra supply base, drug running and money-laundering operations.
1986
A Federal Home Loan Bank Board audit describes Madison as financially reckless, rife with conflicts and on the brink of collapse. It says that the S&L's records are so poor that examiners often could not discover the "real nature" of transactions. In August federal regulators will remove McDougal from the board of Madison.
George W. Bush and partners receive more than $2 million of Harken Energy stock in exchange for their failing oil well operation, which had lost $400,000 in the prior six months. Bush puts up about $500,000 and gets a $120,000 annual consulting fee along with $131,250 in stock options. After Bush joined Harken, the largest stock position and a seat on its board were acquired by Harvard Management Company. Harvard agrees to buy 1.35 million shares of Harken for $2 million and invest another $20 million in Harken projects.
JIM YARDLEY, NY TIMES - In his earliest known tie to the Enron Corporation, President Bush, then an oil man in West Texas, joined an energy drilling venture organized in 1986 by a subsidiary of Enron. The drilling operation - which succeeded in striking oil and natural gas in Martin County - came as Mr. Bush's company, the Spectrum 7 Energy Corporation, was struggling to stay afloat during a collapse in world oil prices. The company was also in final negotiations to be taken over by a Dallas-based company, Harken Energy. Executives involved in the drilling venture characterized it as an ordinary business deal. Enron Oil and Gas, then an exploration subsidiary with offices here in Midland, served as operator and majority partner. Mr. Bush's company, which had a 10 percent working interest in the deal, was one of a handful of minority investors . . .
1987
Harken Energy, with George W Bush on the board, gets rescued by aid from the BCCI-connected Union Bank of Switzerland in a deal brokered by Jackson Stephens, later to show up as a key supporter of Bill Clinton. The deal was also pushed along by another Clinton friend, David Edwards. Edwards will bring BCCI-linked investors into Harken deals including Abdullah Bakhsh, purchases $10 million in shares of Stephens dominated Worthen Bank.
1989
Madison S&L is closed by federal regulators at an eventual cost to taxpayers of $47 million. Jim McDougal is indicted for bank fraud.
Manhattan District Attorney Robert Morgenthau begins a wide-ranging probe of BCCI.
1990
James Riady takes over operations of a new branch of the Lippo Bank, working with Hong Kong Lippo executive, John Huang. China Resources Company Ltd begins buying stock in the branch, Hong Kong Chinese Bank, at 15% below market value. Intelligence sources later report that the firm is really a front for Chinese military intelligence.
Warren Stephens raises $50,000 overnight so Clinton can buy TV time in his struggling re-election bid.
Jim McDougal is acquitted of bank fraud.
Two months after his father's inauguration, George W. Bush announces that he and a syndicate of investors have purchased the Texas Rangers. The investors are Edward "Rusty" Rose, Richard Rainwater, Bill DeWitt, Roland Betts (a former Yale frat brother) and Tom Bernstein (Bett's partner in a film investment concern). While Bush appears to lead the group, Rainwater makes clear that Rose is to control how the business is run. Bush's stake in the $86 million deal is 2%, financed with a $500,000 loan from a Midland Bank of which he had been a director and $106,000 from other sources. Rainwater and Rose put up 14.2 million, Betts and Bernstein invested about $6 million and the balance comes from smaller investors and loans. Bush will eventually sell his share for $15 million.
Bahrain officials suddenly break off offshore drilling negotiations with Amoco and decide to deal with Harken Energy, George Bush Jr.'s firm. Harken has had a series of failed ventures and no cash, so the Bass brothers are brought in to finance Harken's efforts at a cost of $50 million.
January: Bahrain awards exclusive offshore drilling rights to Harken Oil. This is a surprise as Harken is in very shaky financial condition, has never drilled outside of Texas, Louisiana and Oklahoma and had never drilled undersea at all. The Bass brothers are brought in by Harken for sufficient equity - $25 million - to proceed with the effort. Harvard Management increases its investment. Harken's stock price rises from $4.50 to $5.50.
May - Harken officials warn board the company is about to run out of cash.
June - Harken drills two dry holes in Bahrain. George W. Bush sells two-thirds of his Harken Energy stock at the top of the market for $850,000, a 200% profit, but makes no report to the SEC as required by law. Bush Jr. says later the SEC misplaced the report. An SEC representative responds: "nobody ever found the 'lost' filing." One week after Bush's sale, Harken reports an earnings plunge. Harken stock falls more than 60%. Bush uses most of the proceeds to pay off the bank loan he had taken a year earlier to finance his portion of the Texas Rangers deal.
August - Saddam Hussein invades Kuwait. Harken's stock price drops substantially. Two months after Bush sells his stock, Harken posts losses for the 2nd quarter of well over $20 million and is shares fall another 24 %, by year end Harken is trading at $1.25. Bush has insisted that he did not know about the firm's mounting losses and that his stock sell-off was approved by Harken's general counsel.
October - Arlington, Texas Mayor Richard Greene signs a contract that guarantees $135 million toward the new Texas Ranger Stadium's estimate price of $190 million. The Rangers put up no cash but finance their share through a ticket surcharge. From the team's operating revenues, the city will earn a maximum of $5 million annually in rent, no matter how much the Rangers reap from ticket sales and television (a sum that will rise to $100 million a year). Another provision permits the franchise to buy the stadium after the accumulated rental payments reached a mere $60 million. The property acquired so cheaply by the Rangers includes not just a fancy new stadium with a seating capacity of 49,000 but an additional 270 acres of newly valuable land. Legislation is passed and signed that authorizes the Arlington Sports Facilities Development Authority with power to issue bonds and exercise eminent domain over any obstinate landowners. Never before had a Texas municipal authority been given the license to seize the property of a private citizen for the benefit of other private citizens. A recalcitrant Arlington family refuses to sell a 13 acre parcel near the stadium site for half its appraised value. The jury awards more than $4 million to the family.
November - Harken transfers $20 million in debts to Harvard partnership, eliminates another $16 million in debt by transferring assets to Harvard.
S&L industry is losing money at the rate of $3 million a minute. Bailout chief estimates total cost at $325-500 billion.
Bush son Jeb gets the federal government to pay off the $4,5 million he owed to a failed Florida thrift. Jeb pays $500,000.
Bush brother Jonathan's east coast brokerage fined in two states for violating laws and Jonathan is barred from public trading in Massachusetts.
Bush's attorney general, Richard Thornberg, is warned about BCCI but does nothing.
1991
Clinton buddy and Little Rock restaurant owner, Yah Lin "Charlie" Trie, starts Daihatsu International Trading Co., with offices in Arkansas, Washington, and Beijing.
January: President Bush attacks Iraq.
February: Dubya, as the official in charge at Harken, reports his stock sale to the SEC - eight months late.
April - The SEC begins an investigation into Harken dealings. Chairman Richard Breeden, who was appointed by the senior Bush and served him as an economic policy adviser, hails from Baker & Botts, a big Texas oil law firm where he was a partner. Inside the SEC, James Doty, general counsel and the official in charge of any litigation that might come out of the Harken investigation, is another alumnus of Baker & Botts. And as a private attorney, before joining the government, Doty represented the younger Bush in matters related to Dubya's ownership of the Rangers.
August - The SEC reports that its staff has reviewed thousands of pages of documents, interviewed witnesses and met lawyers for Harken and Mr Bush. It concludes that there is insufficient evidence to determine that Mr Bush had any inside information or advance knowledge of Harken's losses. The SEC recommends that the matter be closed.
September: Harvard begins selling Harken stock at more than $6 a share, receiving $7.4 million over the next 12 months.
Former top aide to White House Chief of Staff John Sununu goes to work for a prominent figure in the BCCI scandal less than a month after leaving the Bush administration. Edward Rogers Jr. signs a $600,000 contract to give legal advice to Sheik Kamal Adham, an ex-Saudi intelligence officer who is being investigated for his role in BCCI's takeover of First American Bancshares.
The Miami acting US Attorney is allegedly rebuffed by the Justice Department in his efforts to indict BCCI and some of its principal officers on tax fraud charges. Justice Department later denies this occurred.
1992
The Worthen Bank gives Clinton a $3.5 million line of credit allowing the cash-strapped candidate to finish the primaries. Stephens Inc. employees give Clinton more than $100,000 for his presidential campiagn.
Soraya and Arief Wiriadinata, the daughter and son-in-law of Lippo's co-founder, donate $450,000 to the DNC. Arief Wiriadinata came to the US from Indonesia allegedly to study landscape architecture -- although some accounts describe him simply as a gardener. At last reports Wiriadinata is now back home, working for Sea World Indonesia.
A grand jury indicts BCCI principals, including Clark Clifford and Robert Altman. A week later, a grand jury in Washington and the Federal Reserve issue separate actions against Clifford and Altman.
Resolution Trust Corporation field officers forward a criminal referral on Madison Guaranty to Charles Banks, U.S. Attorney for the Eastern District of Arkansas. The referral alleges a check-kiting scheme by Madison owners Jim and Susan McDougal and names the Clintons and Jim Guy Tucker as possible beneficiaries. Banks forwards the referral to Washington.
New York Times reports that three of Bush's top fundraisers are being sued in connection with bank failures and another pleaded guilty to mail fraud in connection with an S&L. These men include the GOP national finance chair, vice chair and two co-chairs of the President's Dinner, which raised $9 million for Republican causes.
First of Harken Energy's wells off Bahrain comes up dry. George W. Bush takes a leave of absence from the firm to work in his father's campaign, saying "I don't want to involve this company in any kind of allegations of conflicts or whatever may arise."
1993
The SEC ends a perfunctory investigation of Harken.
John Huang and James Riady give $100,000 to Clinton's inaugural fund . . . February: Huang arranges private meeting between Mochtar Riady and Clinton at which Riady presses for renewal of China's 'most favored nation" status and a relaxation of economic sanctions . . . June: China's 'most favored nation' status is renewed. Price being paid by China Resources Company Ltd. for Lippo's Hong Kong Chinese Bank jumps to 50% above market value. The Riadys make $163 million.
White House agrees to sell a Cray supercomputer to China in what was described as a good will gesture. Up to that point the fastest computer in China could do no more than 70 million calculations per second; the Cray has a speed of 958 million calculations per second. Before the China - Clinton connection is over, the president will have removed $2 billion in trade with China from national security scrutiny. Among the results: the Chinese will obtain 77 supercomputers that can scramble and unscramble secret data and design nuclear weapons. At least some of them will be used by the Chinese military.
President Clinton will also sign national security waivers to allow four US commercial satellites to be launched in China, despite evidence that China was exporting nuclear and missile technology to Pakistan and Iran, among other nations. One of these satellites belongs to Loral. Nine days later a Chinese Long March rocket carrying a $200 million satellite belonging to Loral fails in mid-flight. A subsequent law suit charges that the circuit board from the highly classified encryption device in the satellite was found to be missing when the Chinese returned debris from the explosion to US authorities, even though a control box containing the circuit board was recovered intact. After the crash, NSA reportedly changes the encoded algorithms used by US satellites because of the apparent release of highly classified information. Throughout these dealings, the CEO of Loral, Bernard Schwartz, will contribute at least $1.5 million to the Democrats, making him the single largest contributor to these groups during the period in question.
Commerce Secretary Ron Brown treats his post as just another place to wheel and deal. On one occasion he okays the sale of new American engines for China to put in its cruise missiles. The engines were built as military equipment but Brown reclassifies them as civilian. . . The Saudis want some American planes; Brown tells them: you want the planes you also want a phone contract with ATT. Cost of the planes and hardware: $6 billion. Cost of the phone contract: $4 billion. Part of the deal is an ATT side agreement with a firm called First International. The owner: Ron Brown.
1994
Ron Brown goes to China with an unprecedented $5.5 billion in deals ready to be signed. Included is a $1 billion contact for the Clinton-friendly Arkansas firm, Entergy Corporation, to manage and expand Lippo's power plant in northern China. Entergy will also get contracts to build power plants in Indonesia. James Riady tells the Arkansas Democrat-Gazette: "I think the idea of having President Clinton from Arkansas in the White House shouldn't be underestimated."
1995
Huang and the Riadys hold a meeting with Clinton. Not long after, Huang goes to work as a Democratic fundraiser, but remains on Commerce's payroll as a $10,000 a month consultant. Huang raises $5 million for the campaign. About a third of that is returned as having come from illegal sources. Among the problem contributions: $250,000 to the DNC from five Chinese businessmen for a brief meeting with Clinton at a fundraiser.
Webster Hubbell is convicted of tax evasion and mail fraud involving the theft of nearly a half million dollars from his partners at the Rose firm and failing to pay nearly $150,000 in taxes. After quitting the Justice Department and before going to jail, Hubbell is a busy man. He meets with Hillary Clinton, and follows up by getting together with major scandal figures John Huang, James Riady, and Ng Lapseng. Riady and Huang go to the White House every day from June 21 to June 25, 1994 according to White House records. Hubbell had breakfast and lunch with Riady on June 23. Four days later -- and one week after Hubbell's meeting with Hillary -- the Hong Kong Chinese Bank, jointly owed by Lippo and the Chinese intelligence services, sends $100,000 to Hubbell. Huang, incidentally, formerly worked for the Hong Kong Chinese Bank. Hubbell also receives $400,000 from other sources.
Three weeks later, John Huang quits the Lippo Group -- with a golden parachute of around $800,000 -- and goes to work for the Commerce Department. Some believe the move is instigated by Hillary Clinton. Commerce Secretary Ron Brown orders a top secret clearance for Huang. While at Commerce, Huang visits the White House about 70 times, is briefed 37 times by the CIA, views about 500 intelligence reports, and makes 281 calls to Lippo banks. He also makes extraordinary use of the fax machine at a Stephens Inc office across the street from Commerce.
House Banking Committee chair James Leach finds a known Clinton private investigator scoping out his house. The PI quickly leaves. Leach doesn't go public with the story but tells colleagues that the intended message was clear: "You mess with us, we'll mess with you."
Macao businessman Ng Lap Seng, closely linked to a couple of major Chinese-owned enterprises, is regularly bringing in large sums of money to the US, according to customs records. On June 20 he arrives with $175,000 and then two days later meets with Charlie Trie and Mark Middleton at the White House. That evening Ng sits at Clinton's table at a DNC fundraiser. Middleton, incidentally, has a 24-hour pass that allowed him to visit Trie's apartment at the Watergate at any time. The apartment is paid for by Ng.
1998
Department of Justice announcement: "James Tjahaja Riady will pay a record $8.6 million in criminal fines and plead guilty to a felony charge of conspiring to defraud the United States by unlawfully reimbursing campaign donors with foreign corporate funds in violation of federal election law, the Justice Department's Campaign Financing Task Force and the United States Attorney in Los Angeles announced today. In addition, LippoBank California, a California state-chartered bank affiliated with Lippo Group, will plead guilty to 86 misdemeanor counts charging its agents, Riady and John Huang, with making illegal foreign campaign contributions from 1988 through 1994. Riady is one of 26 people and two corporations charged by the Campaign Financing Task Force, which was established four years ago by Attorney General Janet Reno to investigate allegations of campaign financing abuses in the 1996 election cycle. . . The $8.6 million fine represents the largest sanction imposed in a campaign finance matter in the history of the United States . . .
"During the period of August 1992 through October 1992, shortly after Riady pledged $1 million in support of Arkansas Governor Bill Clinton's campaign for the Presidency of the United States, contributions made by Huang were reimbursed with funds wired from a foreign Lippo Group entity into an account Riady maintained at Lippo Bank and then distributed to Huang in cash. . . The purpose of the contributions was to obtain various benefits from various campaign committees and candidates for Lippo Group and LippoBank, including: access, meetings, and time with politicians, elected officials, and other high-level government officials; contacts and status for Lippo Group and LippoBank with business and government leaders in the United States and abroad; business opportunities for Lippo Group and defendant LippoBank; government policies which would inure to the benefit of Lippo Group and defendant LippoBank, including Most Favored Nation status for China, open trade policies with Indonesia, normalization of relations with Vietnam, Community Reinvestment Act exemptions for LippoBank, a repeal of the Glass-Steagall Act which limited business opportunities for LippoBank, and a relaxation of Taiwanese restrictions on investment by foreign banks; the deposit of funds into LippoBank by political campaign committees and government agencies; and local government support for Lippo Group's California property development projects which would in turn benefit LippoBank's plans for expansion."
Clinton's Memoires - Not!
Bubba's Life: Huang and Riady Left Out of Latest Book
Life according to Bubba the boy president does not include a single mention of Mochtar or James Riady, or John Huang. Yet, life as documented by the checks cashed by Clinton included the Riadys, John Huang and a few million dollars from the Chinese Army.
Charles R. SmithBill Clinton's latest fantasy is that he has written a book of historical significance. While the ex-president may have written a book titled "My Life," he certainly managed to leave much of his real life out of print.
Wednesday, June 23, 2004
Life according to Bubba the boy president does not include a single mention of Mochtar or James Riady, or John Huang. Yet, life as documented by the checks cashed by Clinton included the Riadys, John Huang and a few million dollars from the Chinese Army.
John Huang was born in China, raised in Taiwan and became a U.S. citizen. Huang is a former executive of the Lippo Group in Indonesia, owned and operated by the Riady family. He started out with the Worthen Bank in the United States, in Little Rock, Arkansas, and became a friend of the President of the United States.
Huang met with the President and others at the White House ten times between June 21 and June 27, 1994, and, right after that, Web Hubbell, who was about to be indicted by a Federal grand jury, received $100,000 from the Lippo Group.
Two weeks after this money was given to Hubbell, Huang got a job at the Commerce Department as Assistant Secretary of the Commerce Department, which was a very influential department, because they had a hand in determining technology transfers and other transfers that went to places like Communist China.
Bill Clinton's personal choice for the Commerce Department was former Lippo banker John Huang. Indonesian billionaire Mochtar Riady paid Huang very well at Lippo Bank, much more than any income he could legally earn at the Commerce Department. When Huang left Lippo for the Clinton administration, he bravely took a major cut in pay and a secret clearance.
Huang and Patriot Missiles
Just what did ex-banker turned-patriot Huang do at the Commerce Department? Huang was no ordinary former-banker. The documents found in Huang's Commerce Department office show that the Clinton appointee met with American defense contractor Raytheon in an effort to sell the Patriot anti-missile system to South Korea. The documents were obtained from the Clinton Commerce Department using the Freedom of Information Act.
Raytheon gave Huang, the ex-Lippo banker, detailed information on the Patriot missile and South Korean missile defenses. Huang obtained both "Coalition" military tactical information on North Korean offensive missiles" and a "U.S. Army analysis" of South Korean defenses. According to a Raytheon attachment sent to Huang, titled "Modernization of South Korean Air Defense", South Korea has no defense against a North Korean missile attack.
One time event? According to more documents discovered at the U.S. Commerce Department, convicted John Huang also obtained detailed information about Chinese and American artillery sales to the Middle East. In 1995, Kuwait allocated $1.3 billion to upgrade its field artillery. Included in this new program was an intense competition between U.S. based United Defense and China North Industries, or "Norinco" to win the contract.
The documents in Huang's files note that there was "heavy pressure from the Chinese Government" on Kuwait "to select Norinco."
"China also remains the only member of the UN Security Council that has not been awarded a large military contract from Kuwait. It is understood that the Chinese are pressing this issue with the Kuwait Government," notes the Commerce document from Huang's files.
Huang's file on the Kuwaiti howitzer purchase also contains detailed weapon information of great value to the Chinese military.
"The Chinese offer is of particular concern in that its howitzer has been recently modernized and configured to NATO standards for ammunition interoperability," states the Commerce Department document. Huang's assignment to weapon systems is more than just a curious series of events. The U.S. Commerce Department is not authorized to conduct the business of warfare. Things that kill like bombs, bullets, missiles and cannons are by law under the Defense Department and the State Department.
Huang and Kick-backs for Suharto
Still, the ex-banker did manage to put in some time covering the secret financial art-works of the Clinton administration. According to an August 1994 "TPCC" or "Trade Policy Coordinating Committee" document, John Huang and the CIA discussed pay-offs to Indonesian dictator Suharto.
John Huang met 37 times with the CIA for secret briefings. Documents from the U.S. Commerce Department show that in 1994 agents from the Central Intelligence Agency met with John Huang and representatives from the U.S. Export-Import Bank and the Overseas Private Investment Corporation. The subject of the meeting was U.S. government financed trade deals that contained "first family involvement" or illegal payments to relatives of then Indonesian dictator Suharto.
In 1999, John Huang pled guilty to Federal charges of making illegal political contributions to the Clinton/Gore campaign. John Huang took the Fifth Amendment more than two thousand times when asked by Larry Klayman of Judicial Watch if he had ties to Chinese intelligence.
Bill Clinton's close friendship with the Riady family is also well documented inside criminal records. The Senate report on campaign finances accused the Riady family of having a long-term relationship with the Communist Chinese intelligence agency.
The son of Lippo founder Mochtar Riady, James Riady also pled guilty for passing illegal donations to the Clinton/Gore political campaigns. James Riady is an Indonesian who once lived legally in the United States, is the deputy chairman of the family's main business, the Lippo Group in Indonesia. The Riady family, including its businesses and partners, donated more than $700,000 to the Democrats between 1991 and 1996.
"Riady Sent Me"
James Riady was one of those that met at the White House, along with John Huang, to talk about the problems of Webb Hubbell 10 times between June 21 and June 27, 1994. Shortly thereafter, $100,000 came from his company to Webb Hubbell who was about to be indicted.
There is no question the Riady sponsored corruption inside the Clinton administration reached directly to the Oval office. The single most telling piece of data is the video evidence of the Riady gardener trying to hand Bill Clinton a check while uttering the words "James Riady sent me."
Arief and Soraya Wiriadinata fled the country after passing the illegal money to Bill Clinton. Arief was a gardener in Virginia working for the Riady family, yet he managed to scrape up $450,000 to donate to the DNC.
Soraya's father, Hashim Ning, was a business partner of Mochtar Riady and the Lippo Group in Indonesia, and he wired $500,000, which the couple used to make these $450,000 in contributions. Evidently the Wiriadinatas kept $50,000 before heading over the border.
Chinese Army Money
Senate testimony revealed the Lippo Group is in fact a joint venture of China Resources, a trading and holding company "wholly owned" by the Chinese communist government and used as a front for Chinese espionage operations.
In the 1990s, agents working for the communist Chinese MID or Military Intelligence Department penetrated the Clinton White House at the highest level. China Resources investments in Lippo grew during the course of the Clinton administration, coinciding directly with the illegal six-figure Lippo contributions to Clinton's cash machine.
Many of those illegal donations originated with former Lippo employee John Huang. Huang also had direct access to President Clinton and a secret clearance. Huang was briefed 37 times by the CIA on satellite encryption technology. Huang has refused to testify, citing his Fifth Amendment rights.
While many of the media pundits continue to gush over Bubba's sordid and dirty little sexual affair inside the Oval office, the real scandal that remained hidden behind the stained blue dress was that Clinton accepted money from the PLA. The conduits for this Chinese Army cash included the Riady family, and its paid employee John Huang.
Is it any wonder that the latest piece of fiction to spew from the Clinton family - "Bubba's Life" - does not include old friends like John Huang or the Riady family?
The Lippo Group or Property Development Group [PDG] in Canada
What Wikipedia Says about Lippo Group
Kamis, 15 April 2010
Lippo employees protest
(source:http://www.thejakartapost.com/news/2010/02/03/lippo-employees-protest.html)
Aditya Suharmoko , The Jakarta Post , Jakarta | Wed, 02/03/2010 2:27 PM | Business
Hundreds of employees from PT Direct Vision, a Lippo Group company, complained to lawmakers Wednesday over what they said was the management's failure to pay their salaries for four months, since October last year.At least 204 employees met the House of Representatives' Commission IX on labor, health and social affairs to complain against Direct Vision's negligence in paying its employees since the company's pay TV Astro stopped operating.
"We just want our salaries, to which we are entitled, to be paid by the company because most of the employees are living in despair. Some of them have sold personal assets to cover their family's living costs," they told the lawmakers.
Direct Vision had sent a letter to the employees asking them to settle the case with lawyers appointed by the company, the employees said.
They said Direct Vision had sent a letter to the Communication and Information Technology Ministry on Jan. 10, 2010, requesting the ministry allow Astro to resume operations.
Comments (2)
Jos (not verified), cn — Tue, 02/09/2010 - 10:02pm
What a scandal! To think of the reputation of Lippo Group as a global player in the international arena. A multi-billion dollar group with asset base and revenue conglomerate with over ten thousand employees; Lippo has offices worldwide; in China mainland, Hong Kong and Macau; Australia, Malaysia, Philippines, Singapore and naturally back home in Indonesia. Furthermore, with over 10 public-listed companies in different part of the world and their perpetual investment worldwide from projects ranging from their core strength business to even mining; one may say there is not a thing that Lippo has not ‘touched’ on their business sprawling. Yet looking at how Lippo Group handles one of their latest venture which apparently turned sour and bitter with the Malaysian-based Astro All Asia Network broadcasting company; causing further employment issues with the very employees they hired to develop Astro in Indonesia at the first place; it is quite another story. One may wonder how many faces Lippo Group does represent after all. To put their own employees in a limbo without any intention to take any action concerning the employees’ right is simply despicable. The sheer amount of total salaries from the total employees in Direct Vision is paled in comparison with the global business ventures of Lippo Group worldwide. Yet another plan from this giant conglomerate; as Indonesia's largest financial holding group, is to pour CNY 10 billion into its operations in Mainland China in the next three years, and the mainland is predicted to contribute to 70% of its revenues in the next ten years. There is endless list of the thirst and hunger of business deals and investments of Lippo Group around the world. If only the same hunger for business could be applied simply in taking care of their own employees. Shame on Lippo Group and their leaders for failing to take care of the most basic right of their own employees. To Lippo Group leader, this amount of money you owe to your employees is nothing compare to all the assets you have gained, so give the people back what they are entitled to and stop talking big, instead start responding and do something!
Rose Terence (not verified), Jakarta — Fri, 02/05/2010 - 7:51am
It is such a shame to read this news that Lippo Group, one of Indonesia's largest conglomerates with estimated annual revenues of USD 3 billions, does not pay its own staff for months. It is depicable to even think a well known nation wide company could be so low by refusing to pay the rightful salary of its own staff for months and let some of its employees struggle financially to fulfil their daily lives. I would have thought James Riady, the CEO of Lippo Group is aware of this situation and should not apply double standard. Lippo Group ceased to pay the Direct Vision's employees since October 2009. Interestingly, an interview of James Riady by Knowledge@Wharton was published on 28 October 2009 whereby James repeatedly mentioned the core strength or strategies of Lippo group is the whole concept of RESPONSIVENESS embraced by Lippo. If Lippo Group is a RESPONSIVE group, we certainly do not see any responsiveness in their dealings with the Direct Vision's hundred employees who have to fight for their rightful salary. Or else, none of us would be reading this piece of news. If you continue to read the article published in http://knowledge.wharton.upenn.edu/article.cfm?articleid=2365, you would be appaled to see the double standard of what being preached by James Riady and what actually being done to his own employees at Direct Vision. A man who claimed that the highest, most beautiful thing that people can say about him when he dies is that he had been a man of God, that there has been clear evidence that he had lived a Godly live..... a Godly man automaticalluy means that he loves his family and society, that everything he does has a purpose beyond material issues and that he wants to make a social impact. Ethichs and morality are important to define success. Well, very nice wording James, we are now waiting to see your own words as the CEO of Lippo Group (thus Direct Vision) being applied in this case. I sincerely hope that you will not be part of the Hall of Fame of NATO group (NO ACTION TALK ONLY) Do the rightful thing for your own employees and be the man of God you claimed!!! 
Screwed Blued And Tattooed: Enbridge Pipeline Done!
Christy'the Crustacean hammered the last nail...
http://www.theglobeandmail.com/commentary/you-heard-it-here-northern-gateways-dead/article4589760/
http://www.theglobeandmail.com/commentary/you-heard-it-here-northern-gateways-dead/article4589760/
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