DR, RR Signing off, good nite, sleep tight. Stanley -----Original Message----- From: D.J.J. Ring, Jr. <n1ea@xxxxxxxx> To: sparkscoffee <sparkscoffee@xxxxxxxxxxxxx> Sent: Fri, Feb 20, 2015 5:13 pm Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... RR, I guess it is a quiz. 73 DR On Feb 20, 2015 7:58 PM, "Redacted sender sblumen123@xxxxxxx for DMARC" < dmarc-noreply@xxxxxxxxxxxxx> wrote: RR Who owns China bank? Stan -----Original Message----- From: D.J.J. Ring, Jr. < n1ea@xxxxxxxx> To: sparkscoffee < sparkscoffee@xxxxxxxxxxxxx> Sent: Fri, Feb 20, 2015 4:46 pm Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... In this case it means China Bank is investing in ship construction. Still sounds like capitalism to me. 73 DR On Feb 20, 2015 7:40 PM, "Redacted sender sblumen123@xxxxxxx for DMARC" < dmarc-noreply@xxxxxxxxxxxxx> wrote: David What do you think Joint Venture means? Stan -----Original Message----- From: D.J.J. Ring, Jr. < n1ea@xxxxxxxx> To: sparkscoffee < sparkscoffee@xxxxxxxxxxxxx> Sent: Fri, Feb 20, 2015 4:31 pm Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... Yes, it is growing but it is because it is a capitalistic economy with private ownership of capital producing means. It would not be doing this if it was communist. David On Feb 20, 2015 7:20 PM, "Redacted sender sblumen123@xxxxxxx for DMARC" < dmarc-noreply@xxxxxxxxxxxxx> wrote: DR You sound like a lawyer? No matter how you slice it their economy grows like bamboo with all the fixings while we are waiting for the killer depression Martin Armstrong id predicting. Stanley -----Original Message----- From: D.J.J. Ring, Jr. < n1ea@xxxxxxxx> To: sparkscoffee < sparkscoffee@xxxxxxxxxxxxx> Sent: Fri, Feb 20, 2015 3:34 pm Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... OK, but there is more to "property" than real property. Other types of property is allowed to be purchased by people and owned by them. That's a BIG change from communist state where NO private property is allowed. Real property is also land and building built upon the land. It seems only part of real property is prohibited, land ownership especially since the 2007 Property Law. Ownership rights are protected under Article 39 of The Property Law of the People’s Republic of China, which gives the owner the right to possess, utilize, dispose of and obtain profits from the real property. However, this right has to comply with laws and social morality. It can harm neither public interests nor the legitimate rights and interests of others. [8] However, Article 70 of the The Property Law allows for ownership of exclusive parts within an apartment building, which endorses the individual ownership of apartments. Socialist values v Acceptance of free-market economy With the passing of the Property Law, a number of local legislators fear that “while the new property law would undoubtedly increase protection for home owners and prevent land seizures, it would also erode China’s socialist principles”. [51] The insistence on socialist values among some of the Chinese ruling elite raises questions on whether China – an emerging world superpower – intends to open its doors fully to the Western world and ideas of free-market liberalism, or whether it will continue to differentiate itself in such matters. Usufructuary rights The owner of a usufructuary right has the right to possess, utilize and obtain profits from the real properties owned by others. [9] The obligee may not intervene in the exercise of rights by the owner of the usufructuary right. [10] It keeps sounding less and less Communist by the word. Not that I'd want to live there with their horrific human rights policy, but I'm just saying. DR On Fri, Feb 20, 2015 at 6:10 PM, Ron Ristad <ristad@xxxxxxxxxxx> wrote: From link you posted: Buying land A foreign investor is not allowed to buy land in China. The land in China belongs to the state and the collectives. -----Original Message----- From: "D.J.J. Ring, Jr." Sent: Feb 20, 2015 4:54 PM To: sparkscoffee@xxxxxxxxxxxxx Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... RR, I posted about the change. China allows people to own property including real estate and businesses. 73 DR On Feb 20, 2015 5:11 PM, "Ron Ristad" < ristad@xxxxxxxxxxx> wrote: DR and Stan, Seems to me that those who claim to be capitalists are really communists, or at least socialists, and those who claim to be communists are really capitalists. In China all property belongs to the government. In the U.S. individuals are allowed to own property but it is taxed by the government and if the tax is not paid it then the government seizes it and sells to somebody else. The truth is the U.S. ceased being capitalist 100 years ago when the Federal Reserve Bank took control of the nation's money supply. The U.S. Dollar went from being backed by gold to being devalued, then to being only partially backed by gold, and finally to being not being backed by anything at all. In China people immediately turn any excess paper money they have into gold. They have no illusions about the government. Conversely in the U.S. people trade in their gold for paper money so they can use it to make more paper money. But it's all an illusion. They think they are living in a capitalist country when in fact it was taken over by socialists 100 years ago. They believe themselves to be wealthy because they have so much paper money but the reality is that their paper money is worth no more than the paper money used in the game of Monopoly, and their property is seized by the government in the form of taxes even when it does not generate any income. That is pure 100% socialism. -RR -----Original Message----- From: "D.J.J. Ring, Jr." Sent: Feb 20, 2015 12:21 PM To: " sparkscoffee@xxxxxxxxxxxxx" Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... Comrade, I found information stating that there was a policy to allow for private ownership of business in China and for ownership of private and real property. That isn't clasic Communism at all. That's much more like Capitalism. Communist China says they have capitalism but somehow through some means - maybe regulation or banking - they have capitalism under control for "the benefit of the people". This is disputed by some (or many) as just being placating words because Communist China is much more capitalist than they want to admit. In Vietnam: Local and foreign private businesses accounted for 81.5 percent of industrial output in 2008, up from 50.4 percent in 1996, according to the latest government figures. http://www.bloomberg.com/news/articles/2011-01-14/vietnam-may-allow-business-owners-into-communist-party-to-improve-image Domestic and foreign ownership of business is capitalism - and it accounts for 81.5% of industry in 2008 and it use to be 50.4, so when Vietnam turned it's economic system towards Capitalism, things improved. So why don't you be a Communist who wears a capitalist hat like Vietnam and China? 73 DR On Fri, Feb 20, 2015 at 12:05 PM, Redacted sender sblumen123@xxxxxxx for DMARC <dmarc-noreply@xxxxxxxxxxxxx> wrote: DR Check out your 3 links, the middle one says ownership is muddy and they didn't point out the figures you gave? The news media constantly talks JOINT VENTURE which to me implies with their State Government and in the past they spoke about expiration dates although I haven't heard that lately but then I haven't heard it rescinded either? Carry on. Stanley -----Original Message----- From: D.J.J. Ring, Jr. <n1ea@xxxxxxxx> To: sparkscoffee <sparkscoffee@xxxxxxxxxxxxx> Sent: Fri, Feb 20, 2015 11:12 am Subject: [sparkscoffee] Re: [sparksco ffee] Re: Re: Re: Re: [sp arkscoffee] Re:Ins... Sure, https://en.wikipedia.org/wiki/Chinese_property_law http://www.economist.com/node/18928526 http://www.globaltrade.net/f/business/China/Operating-a-Business-Forms-of-Business-Ownership.html 73 DR On Fri, Feb 20, 2015 at 11:06 AM, Redacted sender sblumen123@xxxxxxx for DMARC <dmarc-noreply@xxxxxxxxxxxxx> wrote: DR Sorry, where is proof of your facts? Stanley