The definition of sociali…

The definition of
socialism is: “a centrally planned economy in which the government
controls all means of production.

Here is Some Mindsteroid Must-Read:
The People’s Bank of China, the country’s central bank, said in a statement published on its official website that the floating band in the inter-bank spot foreign exchange market will be enlarged from 0.5 percent to 1 percent effective April 16.
To keep the exchange rate stable, the PBOC has set a daily reference rate for the yuan and it will be allowed to fluctuate only to the daily limit on either side of the reference rate. The trading range was widened to 0.5 percent from 0.3 percent in May 2007.
It also raised the spread between dollar selling and buying prices offered by the foreign exchange-designated banks to their customers to 2 percent of the reference rate, from the current level of 1 percent.
News of this announcement was widely supported by the International Monetary Fund (IMF) as it promoted market transparency and economic stability. From CBS Market Watch:
Christine Lagarde, managing director of the International Monetary Fund, welcomed the move.
“This underlines China’s commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate,” Lagarde said in a statement.
The scale of the widening is bigger than the 0.7% the market had expected, according to Ting Lu, a China economist at Bank of America Merrill Lynch, in emailed comments.
Earlier this week, China Securities Regulatory Commission increased the quotas for foreign institutional investors from $30 billion to $80 billion. This move highlights a strategic economic shift from an export model to a consumption model. From Bloomberg News:
China, the world’s second-biggest economy, has pledged this year to free up control of the yuan and liberalize interest rates as the government deepens reforms to revive growth and offset slowing exports and a cooling housing market. China needs to rely more on markets and the private sector as its export- oriented model isn’t sustainable, World Bank President Robert Zoellick said in February.
“More action on opening up their markets to outside investment is definitely a positive,” Jeff Papp, a senior analyst in Lisle, Illinois at Oberweis Asset Management Inc., which oversees about $700 million, said in a phone interview. “It’s not a huge amount. They’re taking a small-steps approach to see how markets will react with more participants.”

UNLEASH YUAN AS WORLD SECOND CURRENCY

Here is Some Mindsteroid Must-Read:
The People’s Bank of China, the country’s central bank, said in a statement published on its official website that the floating band in the inter-bank spot foreign exchange market will be enlarged from 0.5 percent to 1 percent effective April 16.
To keep the exchange rate stable, the PBOC has set a daily reference rate for the yuan and it will be allowed to fluctuate only to the daily limit on either side of the reference rate. The trading range was widened to 0.5 percent from 0.3 percent in May 2007.
It also raised the spread between dollar selling and buying prices offered by the foreign exchange-designated banks to their customers to 2 percent of the reference rate, from the current level of 1 percent.
News of this announcement was widely supported by the International Monetary Fund (IMF) as it promoted market transparency and economic stability. From CBS Market Watch:
Christine Lagarde, managing director of the International Monetary Fund, welcomed the move.
“This underlines China’s commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate,” Lagarde said in a statement.
The scale of the widening is bigger than the 0.7% the market had expected, according to Ting Lu, a China economist at Bank of America Merrill Lynch, in emailed comments.
Earlier this week, China Securities Regulatory Commission increased the quotas for foreign institutional investors from $30 billion to $80 billion. This move highlights a strategic economic shift from an export model to a consumption model. From Bloomberg News:
China, the world’s second-biggest economy, has pledged this year to free up control of the yuan and liberalize interest rates as the government deepens reforms to revive growth and offset slowing exports and a cooling housing market. China needs to rely more on markets and the private sector as its export- oriented model isn’t sustainable, World Bank President Robert Zoellick said in February.
“More action on opening up their markets to outside investment is definitely a positive,” Jeff Papp, a senior analyst in Lisle, Illinois at Oberweis Asset Management Inc., which oversees about $700 million, said in a phone interview. “It’s not a huge amount. They’re taking a small-steps approach to see how markets will react with more participants.”

Israel’s Everlasting Old ENEMY getting Legal Party and going to Congress to make Zionists Headlines Interesting

Read Israel Hayom who shocked when they saw Good Old John Bowles made it on FrontPage:

US Nazi party registers first lobbyist in Washington

American Nazi Party’s newly registered John Bowles says he hopes to speak with lawmakers on such issues as ballot access, unemployment and immigration • “I’m not going to go in and shove a swastika in their face,” Bowles says. “I use a very careful and objective approach.”

The ANP’s John Bowles, 55, said registering a lobbyist was something the 53-year-old party wanted to “try out for the first time and see if it flies.”

 “I always tell my fellow Americans that they need to practice their constitutional rights or their rights will one day be eroded,” Bowles was quoted as saying by ABC News. “Lobbying is one way to do that, to try to get your point across to the elected officials in Congress.”

Bowles said he hoped to speak with lawmakers about ballot access, unemployment, immigration and budgets, according to the report.

 “I’m not going to go in and shove a swastika in their face,” ABC News quoted him as saying. “I use a very careful and objective approach. There might be some congressmen who crumple up the paper and some who say, ‘This is interesting.’”

The newly registered lobbyist promised he would not use offensive language and was open to working with all Congress members.

 “If they don’t hold my politics against me,” he was quoted as saying, “I won’t hold anything against them.”

The ANP was established in 1959 by veteran U.S. Navy Commander George Lincoln Rockwell. Its headquarters is located in Arlington, Va.

On its website, the ANP says that it is involved in “a very serious struggle … for the very existence of our White Nation of people.”

Bowles was previously involved in politics when he ran for president in 2008 as the National Socialist Movement’s nominee. He said he decided to change parties because Americans understand Nazism better than socialism.

 “So [we] decided: Why don’t we just say what we are?” Bowles was quoted as saying by The Hill.

 “In the future, when we get people on the ballot, when people see the swastika on the ballot, they’ll know what they’re getting.”

Quit Bluffn’ Bolden; Co2 ain’t Heatn’ up its Fuckn’ Al Gore Who is Depopulatin’ Mutha Natu’

Here is Some Conspiracy Theorist Pot to Chew Nontroversies:
Fifty top scientists, astronauts, and engineers who have worked for NASA are attacking the space agency’s stance that manmade carbon dioxide is responsible for global climate change.
Seven Apollo astronauts and the deputy director of the space shuttle program are among the experts — with more than 1,000 years of combined professional experience — who have signed a letter to NASA Administrator Charles Bolden.
The letter begins: “We, the undersigned, respectfully request that NASA and the Goddard Institute for Space Studies (GISS) refrain from including unproven remarks in public releases and websites. We believe the claims by NASA and GISS that manmade carbon dioxide is having a catastrophic impact on global climate change are not substantiated, especially when considering thousands of years of empirical data.
“With hundreds of well-known climate scientists and tens of thousands of other scientists publicly declaring their disbelief in the catastrophic forecasts, coming particularly from the GISS leadership, it is clear that the science is NOT settled.
“The unbridled advocacy of CO2 being the major cause of climate change is unbecoming of NASA’s history of making an objective assessment of all available scientific data prior to making decisions or public statements.”
The signees charge NASA with advocating an “extreme position” on climate change “prior to a thorough study of the possible overwhelming impact of natural climate drivers.”
They conclude: “At risk is damage to the exemplary reputation of NASA, NASA’s current or former scientists and employees, and even the reputation of science itself.”

Who got Bo Guagua into Harvard Brothel anyway?

That’s some Horsemanure Worth-Loathed, Read this on the Harvard Crimson:
Bo Guagua, a student at the Harvard Kennedy School, has captured the attention of international media following the political downfall of his father, a former Communist Party leader, and the arrest of his mother for the alleged murder of her son’s mentor.
Bo Guagua’s father, Bo Xilai, was removed from his position as Party secretary of China’s Chongqing municipality in March and then ousted from the Politburo—China’s most influential political body—the following month. The reasons for his rapid downfall are not entirely clear, but include allegations of corruption and overextension of power.
At the root of much of the publicity surrounding the younger Bo is his connections with the late Neil Heywood, a British businessman who lived in China until his death last fall. Bo’s mother Gu Kailai, wife of Bo Xilai, was arrested for Heywood’s murder earlier this month.
Heywood is thought to have served as a mentor to the younger Bo by helping him gain admission to Harrow—a prestigious English secondary school—and Oxford University. Chinese authorities said that the family’s relationship with Heywood soured following “a conflict over economic interests,” according to a report in The Daily Mail.
While he was a student in England, Bo Guagua’s behavior came under scrutiny as reporters examined rumors of his father’s corruption. Many questioned how the family could afford to underwrite the private education and glamorous social life of their son, who was well known for throwing lavish parties and driving a red Ferrari in Beijing.
As the controversy heated up in recent weeks, Bo Guagua has removed himself from the public eye. His last clear public communication followed his father’s removal from his position as party leader last month.
“My personal desire is to focus on my studies and be left out of the political intrigues,” he wrote in an email to The Times of London.
He was believed to be residing in his Cambridge apartment as recently as Tuesday, according to a report in The Wall Street Journal. Some reports have speculated that he will seek asylum in the United States after he receives his degree from the Kennedy School next month.
Bo Guagua could not be reached for comment.
Kennedy School Professor of Practice Emeritus Marvin Kalb said that the recent stir in the media over the family indicates growing political tensions in China.
“Clearly Bo [Xilai] was someone who challenged the assumptions of the party and the timetable of the party,” Kalb said. “The people in power looked upon him as someone who was who challenging their authority.”
He added, “What you’re looking at is a [potential] change of direction of the Communist Party…. I believe the traditionalists at this point will end up winning the day. The man who represented a fundamental threat to their power and their style has been purged.”
—Staff writer Justin C. Worland can be reached at jworland@college.harvard.edu.

FREEMASONS BANISHED BO XILAI FOR MURDERN’ THEIR OLD HARROVIAN NEIL HEYWOOD WHO BREWED DOLLARS FOR BEIJING OUTTA THIN AIR. NOW THEY ARE GOIN’ AFTER HIS BITCH LULU

FREEMASONS BANISHED BO XILAI FOR MURDERN’ THEIR OLD HARROVIAN NEIL HEYWOOD WHO BREWED DOLLARS FOR BEIJING OUTTA THIN AIR. NOW THEY ARE GOIN’ AFTER HIS BITCH LULU
Here is Some Conspiracy Theorist Pot to Chew Nontroversies:
Wang Lulu, the grieving widow of British businessman Neil Heywood, has begged for help to flee China
The grieving widow of British businessman Neil Heywood begged for help to flee China yesterday.
Chinese-born Wang Lulu made a dramatic visit to the British Embassy in Beijing.
She is understood to have asked for a visa to escape to the UK with her two young children.
Friends said they were ‘very worried’ about her safety, days after Chinese authorities named the wife of prominent politician Bo Xilai as a suspect in Mr Heywood’s murder.
His widow is afraid that the people who killed her husband might now come after her and her family.
The scandal has become the biggest political storm in decades in China and has prompted allegations of corruption in the emerging superpower’s highest echelons.
Visitors to the Heywood family home in an exclusive gated compound in Beijing were turned away by troops from the People’s Liberation Army.
The presence of the crack troops triggered fears that Mrs Heywood would be barred from fleeing the country, and sources said police had ordered her not to communicate with international journalists.
The Chinese government routinely clamps down on relatives and friends of dissidents who threaten its rule, and commentators fear it will show typical ruthlessness to Mrs Heywood as it prepares for a once-in-a-decade leadership transition this autumn.
Mr Bo, 62, was tipped for a place at the very top of the ruling Communist Party’s national leadership until his family was engulfed in the scandal surrounding 41-year-old Mr Heywood’s death.
British expat Neil Heywood was found dead in a hotel room in Chongqing, western China, in November
Gu Kailai is in custody and her husband, politician Bo Xilai, is under house arrest
The Old Harrovian was found in a hotel room in the city of Chongqing, western China, in November.
His death was initially blamed on excess alcohol and his body was cremated without a post-mortem examination.
But friends said he rarely drank and the case was reopened when a former police chief told U.S. officials he believed the British expatriate was poisoned.
Briton ‘murdered by wife’ of Chinese politician ‘stashed financial secrets with lawyer’ as he became fearful for his life
This week, Chinese authorities named Mr Bo’s wife Gu Kailai as a suspect in the investigation and the Communist Party suspended her husband.
Mrs Gu is now in police custody and her husband under virtual house arrest, facing an investigation for serious disciplinary violations. A servant at the family home was also named as a suspect in the ‘intentional homicide’.
Visitors to the Heywood family home in an exclusive gated compound in Beijing were turned away by troops from the People’s Liberation Army
Mr Heywood knew the powerful couple for more than a decade and helped their son Bo Guagua, whom he had taught English, win a place at Harrow before studying at Oxford.
Mrs Gu was said to be godmother to the Heywoods’ 11-year-old daughter and seven-year-old son, who both attend the Beijing branch of Dulwich College, an international school for expats and privileged Chinese children.
But friends said Mr Heywood feared for his safety following an angry confrontation with Mrs Gu, 54, in which she allegedly ordered him to divorce his wife and swear a Mafia-style oath of allegiance to her family.
He reportedly gave a file detailing the Bo family’s finances to a British lawyer and described the papers as his ‘insurance policy’ should anything happen to him.
The business consultant was also said to have approached British authorities in 2010 about applying for citizenship for his wife.
A spokesman for the British Embassy in Beijing refused to confirm or deny Mrs Heywood’s visit yesterday, but confirmed the family had been offered consular ‘protection’.
Party boy: Gu Kailai’s son, Bo Guagua, embraces two young friends in a series of snaps posted on the internet. He has been in hiding since the scandal that engulfed his family
He told the Daily Mail: ‘Mrs Heywood is a Chinese national. If she wants to leave she can apply for a visa. Her children have British passports.’
Mrs Heywood has refused to discuss the case, saying only that she is ‘so sad’ about her husband’s death.
A source said she had been warned to say nothing, saying: ‘Police officers questioned her recently and warned her not to speak to foreign media.’
Friends said they were worried for her safety as she struggled to cope with her grief and raising her children alone.
One said: ‘If a friend of yours had died of some natural causes or had been bumped off on the other side of the world, and he was married and had two children, would you be concerned?

‘All his friends are concerned. We are all worried about all of them.’
Schoolfriends of Mr Heywood angrily rejected suggestions yesterday of any connection between the Harrow ‘old boy network’ and the murky circumstances surrounding the Briton’s murder.
According to one report, an ‘Old Harrovian Group of Four’, said to be doing business in China, fell out with Mrs Gu in 2005 over an alleged joint business venture.
Bo Guagua was sent to the famous Harrow School where he was mentored by Neil Heywood
Mr Heywood helped her son Bo Guagua get a place at Harrow, which charges fees of £7,345 a term, despite her husband’s political salary being little more than £300 a month.
After Harrow, Bo Guagua studied at Balliol College Oxford and is now at Harvard, where he has been in hiding since the scandal engulfed his family.
Edmund Robb gave the eulogy at Mr Heywood’s funeral in Battersea, south London, before Christmas.
Mr Robb, who has lived and worked in China and describes Mr Heywood as ‘my oldest and best friend’, described claims about a ‘Group of Four’ as ‘bizarre’ and added: ‘We will be taking the appropriate action. We have referred the matter to the Press Complaints Commission.’