Daily Archives: 30 August 2017

Sale of a Stock Exchange

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Good idea?

The Chicago Stock Exchange wants to sell itself to Chongqing Casin Enterprise Group, a Chinese conglomerate whose parent is CHX Holdings Inc.  Never mind that this would be a camel’s nose of the People’s Republic of China into our financial system and expose it to PRC hacking, disruption, theft, etc, etc, etc.

Fortunately, a collection of Congressmen persuaded the SEC to indefinitely delay the sale and purchase.  Unfortunately, the deal hasn’t been killed altogether.

Casin…says it is independent of the Chinese government.

Of course it is. In a nation that is increasing its autocratic control over its economy and the businesses in it.  Sure.

Contra such blandishments, there aren’t any businesses in the PRC that aren’t under government control, whether those businesses are owned by the government or the CPC or operate outside formal ownership: mainland Chinese businesses have government apparatchiks, “advisors,” and CPC monitors in their management staffs.

CHX…says its policies will prevent confidential data from being shared with the new Chinese owners.

And we believe them. In a nation that rules by law instead of being a nation under rule of law, a nation that changes its laws for the convenience of those persons in power, CHX would never alter—or simply ignore—”policy;” it would never steal confidential data.

Sure.

No, not a good idea.  Not this time.  Not this buyer.  Not a good idea at all.

The Left and the Left’s Police

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And the misrepresentation of the NLMSM.

A hundred members of Left-wing hate groups, including Antifa—hooded, no less, and armed with clubs—”broke through” police lines in Berkeley Sunday to attack the leader of a Conservative group, Patriot Prayer, which the NLMSM claims is “right-wing” rather than Conservative, and a separate group of four.

Notice that.  The Left’s hate groups are hooded and carrying weapons; their targets are unarmed with faces bare, not looking for trouble and unafraid of being identified.

There’s more:

The protesters who wore hoods to conceal their identities chased Patriot Prayer group leader Joey Gibson from Sunday’s rally in a Berkeley park. As Gibson backed away with his hands in the air, the protesters pepper sprayed him.
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Separately, the anarchist group beat, kicked and punched four other people at the rally.

How did these thugs “break through” the police lines?  They didn’t.  The police deliberately let them through.

Berkeley Police Chief Andrew Greenwood says police made a strategic decision to let a group of more than 100 black-clad anarchists enter the park Sunday once it became clear there would not be dueling protests between right and left.

He said “the potential use of force became very problematic” because thousands of mostly peaceful left-wing protesters were already inside the park.

Greenwood said he decided to let the black-clad protesters demonstrate in the park because there was “no need for a confrontation over a grass patch.”

Of course, Greenwood knew there would be violence; that’s what  hooded Antifa, et al., were there for.  The confrontation over a grass patch that Greenwood wanted to avoid was between his police and the Left’s hate groups.

Equal protection under law only applies to the Left.  Other Americans don’t deserve it.