The Cellar - Who Says We can't Export The American Way?

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Who Says We can't Export The American Way?

Who dares to say we can export the American way? I have proof we can.....and are right now, to China.
Excerpts from http://www.chinadaily.com.cn/china/2...ent_674895.htm

Quote:

Qin Yu, head of Baoshan District, is being investigated for alleged misuse of public funds, according to the Shanghai Municipal Discipline Inspection Commission.

Qin is the second senior city official under investigation after Zhu Junyi, director of the Shanghai Municipal Labour and Social Security Bureau, was reportedly found to have misappropriated 3.2 billion yuan (US$400 million) in public funds.
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Zhang was listed as China's 16th richest man by Forbes magazine in 2005, with an estimated fortune of 4.9 billion yuan (US$612 million).

On August 18, Chen Liangyu, secretary of the Shanghai municipal committee of the Communist Party of China, called on government officials to combat corruption and honestly perform their duties.

He also warned that government officials should be accountable and observe the code of conduct.

Shanghai reported 1,499 commercial bribery cases involving more than 200 million yuan (US$25 million) from January 2001 to April 2006. Seventy-four cases involved government officials, according to local media.

And these excepts from http://www.chinadaily.com.cn/china/2...ent_673816.htm

Quote:

The authorities last year cracked down on more than 50 money-laundering cases involving more than 10 billion yuan (US$1.25 billion), the central bank said yesterday in a report.

The release coincides with the second reading of the draft anti-money laundering law by the Standing Committee of the National People's Congress.
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The number of cases busted last year was the same as in 2004, but the amount involved was much higher two-and-a-half times the 4 billion yuan (US$500 million) then.
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The People's Bank of China (PBOC) also transferred 2,790 suspected cases involving 32.78 billion yuan (US$4.1 billion) to the police last year; as did the State Administration of Foreign Exchange, which referred 405 cases involving US$1.24 billion.
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Financial regulators joined hands with police to crack down on 47 illegal money changers and lenders last year and arrested 165 suspects, with money involved amounting up to 10 billion yuan (US$1.25 billion).
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Last year, the centre received 283,400 reports on suspicious renminbi funds and around 2 million suspicious foreign exchange transactions

There you have it, proof positive, the Chinese are getting into the swing of things, post haste. :yelgreedy

While we may have perfected it, I modestly point out that we didn't invent it.

TRIVIA:
what is the first recorded case of major governmental corruption?

A loooottt earlier than that...

Quote:

Originally Posted by Ibram

TRIVIA:
what is the first recorded case of major governmental corruption?

That probably goes back all the way to the Chaldeans. But the difference is that until fairly recently in world history it was not called "corruption", it was how officials collected their compensation for the job (they just had to be sure that they did not collect so enthusiastically that others got hostile about it). Public service still runs that way in every place not considered the First World. It becomes "corruption" only at the point that a community or nation decides to actually enforce its laws.

Are we talking the ancient world? There were several instances of 'corruption' recorded both Rome and Egypt. Probably elsewhere too.

Corruption is as old as the human race is. If anyone is surprised at corruption in China they've been walking around with their eyes closed all their lives.

In the Archaic Greek age, 600 BC or so, Athens created the Delian league to combat Sparta's Peloponesian league. The Delian treasury was in Athens, and so the Athenians simply helped themselves to all of their leaguemates' money.

Quote:

Originally Posted by Aliantha

Corruption is as old as the human race is. If anyone is surprised at corruption in China they've been walking around with their eyes closed all their lives.

That's true, but I'm surprised a the size of the scams they've risen to. Allowing one guy to snatch billions of yuan from the coffers, before they caught up with him, shows the controls are much more lax than I'd expect in China. :yelgreedy

Its not that the controls are lax, its that the controllers are just as corrupt as the rest of them.

The ones that get 'caught' are simply the ones that fall out of favor with the party, and so they execute them for their corruption, even though the executors, judges, and everyone else is just as corrupt.

Quote:

Originally Posted by Ibram

TRIVIA:
what is the first recorded case of major governmental corruption?

When he opens his mouth? . . . Oh...wrong joke.

I have a friend from China and he tells me that if you have enough money you can do anything in China and you will never be in trouble with the police. You can even go against the government if you pay them enough. From his descriptions to me I would have to say that China would be one of the most corrupt countries in the world.

The Philippines is worse. The President has now imposed a quota on all businesses and government services, they have to come up with a fixed amount of revenue to turn into the treasury and it does not matter how they get it. This means extortion is now double, the part for the government and the part the person steals for themselves. This is to replenish the treasury that the President and other corrupt officials already looted.