“We have to understand how China’s fraud has grown and become galactic. We need to know how and why Americans assisted in the corruption. We need to stop China.
We may have to do several articles on this because it’s more complicated than we ever imagined and it’s impossible to land in the middle of the storm without reference. Let’s start small and quickly work our way up. Stay with me, please.”
via China, Inc. ~ The Largest Financial Crime of the Last 25 Years, and It’s Not Over.
This is an extremely important look at the financial fraud perpetuated on the US by the Chinese Commies. There will be further articles but please read this compelling post on Wolfmoon’s Q TreeHouse for details…here’s a further taste…
“Dan and the others were convinced they were onto something bigger. He began to investigate company after company. The “filings” in China were mostly accurate, but enormously inflated earnings were represented in the USA. Dan couldn’t find Chinese auditors who were honest, because, as Dan said, “We can’t find auditors in China that will help us, because let me tell you something, if we do…..find those people…….. the government of China will kill ’em. I mean, they will take their a** out and shoot them in the f***ing head.”
Is that who you want to buy Nike T-Shirts and Northface gear from? No, we’re definitely NOT in Kansas anymore.”
& some hints & gems from the post’s comments section:
http://www.manufacturingnews.com/news/11/0415/Fellowes1.html
Melissa Hodgman, Peter Strzok’s Wife: 5 Fast Facts You Need to Know
Melissa Hodgman, Peter Strzok’s Wife: 5 Fast Facts You Need to Know
http://www.humanevents.com/article.php?id=22663
http://www.artistmarket.com/writers/piraino/clintonchina.htm
(may need to attempt Wayback Machine/Internet Archive reconstituting of some links)…
https://ratical.org/ratville/Columbia/Gore+Oxy.html
https://oklahoman.com/article/1981065/hammer-ing-deal-with-china-is-armands-latest-coup
(there is an interesting interval about ISO 9000 & 9001 in the comments section too; hint “Among other things, Dalgleish contends that ISO 9000 misdirects resources to an overabundance of paperwork that does almost nothing to make products better, while fostering complacency among top management and quality professionals alike. The recent conversion to the 2000 version of the standard has only made things worse, he says. While ISO 9000:2000 has almost no effect on how good companies operate, it requires huge amounts of time for document revision that could better be spent on real quality improvement, he believes…”)
-
For the layperson WHY the complaint about ISO?
Because BEFORE ISO the quality department would INSPECT AND TEST INCOMMING MATERIALS instead of RELYING on the certificate from the vendor.
After ISO we were told NOT TO INSPECT!!!
I had major fights over this as a QC Engineer. In one case I was told I had a ‘supecious nature’ and NO we would not spend the $68 dollars a year to test a critical chemical. KARMA hit shortly there after and the chemical did not ‘met spec’ The entire contiuous process line FROZE and the clean up cost millions.
Now add in what Daughn said about the unreliability of foreign companies, esp CHINESE Companies and you see the major hurt we are in.
Lets take planes:
The heads of bolts are marked to indicate the strengh of the bolt. A bolt with 6 marks will sell for a LOT MORE than a bolt with none.
https://www.boltdepot.com/fastener-information/materials-and-grades/bolt-grade-chart.aspx
The Chinese figured this out.
One of the QC Engineers I met at a national ASQ meeting told the same story I just mentioned. Upper Mgment said NO TESTING trust the Certificate. Well QC Engineers are suspecious by nature so this guy grabbed a high grade bolt and put it in his instron tensile testing machine. The darm thing was pot metal and fell apart at the slightest pull.
Where did he work? AT AN AIR CRAFT MANUFACTURER!!! That pot metal bolt was SUPPOSED to hold together the wing of a new aircraft!!!
We should thank that QC engineer for the 100 to thousands of lives he probably saved.
anticorruptionsociety(DOT)files.wordpress.com/2015/09/swiss-study-the-network-of-global-corporate-control-2.pdf
from the immediately above link:
“…In this study, we decided to identify in detail the people on the boards of directors of the top ten asset management firms and the top ten most centralized corporations in the world. Because of overlaps, there is a total of thirteen firms, which collectively have 161 directors on their boards. We think that this group of 161 individuals represents the financial core of the world’s transnational capitalist class. They collectively manage $23.91 trillion in funds and operate in nearly every country in the world. They are the center of the financial capital that powers the global economic system. Western governments and international policy bodies work in the interests of this financial core to protect the free flow of capital investment anywhere in the world.”
More from the commenter Gail Combs:
“A few other bits of interesting of information:
In 1976 A typical American CEO earned 36 times as much as the average worker. By 2008 the average CEO pay increased to 369 times that of the average worker.
timelines(DOT)ws/subjects/Labor.HTML
Clinton was President from 1993 to 2001. Statistics showed in 1990, before WTO was ratified by Clinton, Foreign ownership of U.S. assets amounted to 33% of U.S. GDP. By 2002, just after he left office this had increased to over 70% of U.S. GDP.
(wwwDOT)fame.org/HTM/greg%20Pickup%201%2010%2003%20report.htm
Originally, according to the 1913 Federal Reserve Act, banks were supposed hold anywhere between 12 and 18% of their deposits in “reserve”. That is where the words “fractional reserve” comes in. Gradually the Fed has lowered the amount of “reserve” required until now the banks are operating on no reserve just the 3% cash on hand.
97% of the US ‘money supply’ is therefore created out of nothing. This fairy dust money is now owed to bankers/financiers plus interest and we pay them back with our labor.
activerain(DOT)com/blogsview/1036752/3-cash-97-loans-mortgages”
http://www.fdic.gov/regulations/laws/important/
https://www.fdic.gov/regulations/laws/important/index.html
***please note that I have not reviewed all the links shared above; they are provided fyi (& if you check the comments section of the original wqth post you’ll gain clarity via context)–Blessings!!!
Flep’s post on President Trump’s Border Wall strategy was outstanding! Thank you, Flep. After reading Flep’s post, I was eating dinner, looking around the world, and I started to make a list of things which have changed since we elected President Trump. “Things” which were big problems for most of my adult life. “Things” I thought would remain problems for my grandchildren. Suddenly, our big problems have evaporated. They’re gone, or they’re almost gone. Big things, like ISIS and the Caliphate, have practically disappeared.
Wow. Great article, Daughn.
I knew the financial things were bad between us and China, but not that bad.
Politicians/regulators/police over here who are compromised (i.e. totally corrupt) on this financial stuff are thereby also compromised on the even much more dangerous national security stuff. That explains a lot.
It works the other way, too. Money they rip off of us with this con artist stuff goes to their government to fund building their nuclear missiles, their nuclear submarines, their aircraft carriers, their EMP weapons, their anti-ship missiles, their amphibious fleet to conquer Taiwan, their fleet of F-35 fighter jet clones whose design and technology they ripped off of us, their space program, their anti-satellite weapons, their Belt and Road initiative, their street cameras with AI facial recognition, their cyberwarfare against our IT infrastructure… It just never ends.
And every time they threaten us with the big war stuff, kill us all with EMP, or nuke Los Angeles, or get their Mini-Me North Korea to do their dirty work, so we retaliate against the Norks, not them, then that just gives our politicians and generals whose hands are dirty with this Chinese money scam some cover to kick the can down the road on cleaning up the scam.
“Uhh, well… Uhh, we couldn’t exactly risk getting them angry by asking them to clean up their dirty accounting practices, at a crucial juncture in international diplomacy, when their general was threatening to bomb one of our mainland cities, now could we??!! Uhh…”
This really explains A LOT.