Murdoch & Others Advise Communist Hong Kong
Reported by Marie Therese - August 30, 2004 -
Did you know that Rupert Murdoch belongs to a consortium of multinational corporations that acts in an advisory capacity to Communist Hong Kong and, by extension, Communist China?
I didn't know it until I found the following during one of my searches.
Go to Hong Kong Chief Executive's Council of International Advisors. This site lists those people who advise Hong Kong's Chief Executive on world economic affairs. The Chief Executive is the head honcho in Hong Kong, which, as you know, is now under the control of Communist China. (Organisation Chart of the Government of Hong Kong.)
The list includes Rupert Murdoch (News Corporation et al), Paul Volcker (currently in charge of the UN's Oil for Food Program investigation), Jack Welch (former CEO of General Electric), Larry Ellison (Oracle), Gerald Levin (AOL Time Warner), Henry Paulson (Goldman Sachs) and representatives of Intel, Royal Dutch Shell, Lloyds, Motorola, Power Corporation, Royal Philips Electronics, AIG, Deutsche Bank AG, Shell Transport & Trading, Textron, Compagnie de Suez, BP p.l.c., Bank of Tokyo-Mitsubishi and Toyota.
These multinationals stand to benefit greatly from China's explosive annual growth rate, which must be fed with ever-increasing supply of oil.
All of the American companies listed above have exported jobs out of the United States (Exporting America) as has the Fox division of News Corps (More stealth as outsourcing picks up speed). In some cases the jobs have gone to India, some to China, to Mexico and others to parts far flung. The distressing truth is none of these companies has an ounce of loyalty to American working men and women.
Who do you think they are going to side with when it comes time to dole out the diminishing oil reserves? Overextended American consumers living in an economy with an anemic 4% annual growth rate or China's booming industries with an annual rate of return of 7 to 9%?
Murdoch and his buddies, dear reader, will put their money into any investment that gives them the highest return on their dollar, pound, franc, mark, yen, etc.
So, who do you think they'll pick - Communist China (and, by extension, India, Mexico et al) or the United States of America?
You do the math.
The first four years of the Bush administration has witnessed a hemorrhage of jobs overseas. American working men and women cannot survive another four years of such policies.
