Monthly Archives: July 2012
What to do with all that $$USD ??
Okay, I recently found out that the Chinese (PRC) government couldn’t stop buying American debt (That is it lends money to the US government which gives it a little bit of interest regularly until sometime in the future when it gives the money back)
There are some attempts, by the Chinese to spend money in the US. Some were blocked blatantly by the US government such as 3Com and UNOCAL, while in other cases, it seemed almost certainly win-win for both sides due to Chinese expertise, manufacturing resources and unique perspective but ultimately failed: Yahoo, Maytag, etc. All this protectionism may or may not be beneficial to the American people. Here for instance is another very very specific case of preventing China from spending all this debt America owes it by way of the “country with special concern” designation which prevents lobbyist from being paid by the PRC. article. Btw, I’ve heard of this from a second radio source as well, but it doesn’t appear to be listed on congressman Wolf’s website.
This, btw, is fantastic news for the people of PRC. The government won’t be spending their tax money on American politicians. AND it is fantastic news for other lobby interests all of whom now have one fewer competitor and therefore has to pay much less.
But let’s for the moment assume that China has too much US $$, and that most avenues of investment: equity in companies, real estate, lobbying, etc. have been ruled out as certain losers. What else can it do with it’s money
Well, let’s see… The one thing that we see the most in America, aside from Chinese restaurants and those evil cult protesters are poor Chinese students. They come to the US having beat everyone else in their own country in their respective arts and sciences or skills, and they often end up delivering food for those aforementioned restaurants or joining evil cults for residency and working rights in the United States. Why doesn’t the Chinese government establish a scholarship for any Chinese student being normally accepted into an American institution so that they can pursue their dreams of excellence in their arts and crafts? Would that not be the most effective investment?? And let me assert that the Chinese government have enough money in the bank to pay for a decent education for all of its students accepted in the to schools in the US. This, btw, is entirely legal in America, even if the funds are managed and disbursed in an American entity.
Oh, WTF, while we are at it, why don’t the PRC. government endow a general scholarship (name it the People’s Republic of China Scholarship for Excellence) that is given to the best candidate of any nationality and race. Imagine some twenty years later, and the president of France, or prime minister of India, or some Nobel laureate proudly thanks American university for an education and China for it’s awesome scholarship. Wouldn’t that be quite an accomplishment ?!!
The money can be spent on establish libraries. They can start a Museum collecting arts of Chinese origin but that have been admired and possessed by non-Chinese. These art are true treasures that have possessed not only their originators but also many other peoples of other race and culture. Wouldn’t that be an awesome museum??!!
Why don’t the Chinese people take all that debt and rent a county; and on that county why don’t they build a university. Build the Chinese University of America. This act not only revitalizes a whole American town, or perhaps a whole state, but also produces jobs, educates new minds, and most of all creates the most perfect nexus of the two cultures and the enlighten minds of the two people. This not only creates jobs in America, it would not only be building American infrastructure, but would also be creating a new believe, a new trust, a new friendship–a new hope for the two people.
Why don’t they spend their money that way?
Things of a Clandestine Nature
Back to discussion of the nature of things. Not so recently have I become interested in clandestine activities.
One could define clandestine activities as those that are undertaken with actor, actions, reason and existence concealed or obfuscated. Organized clandestine activity is one where human and other resources are pooled and organized to perform advanced massive and pervasive clandestine activities. Clandestine organizations and clandestine free agents are groups and individuals who perform organized clandestine activities. There could also be unorganized activities such as accidental activity. Clandestine activity by high technology: wire tap, ether/wifi sniff. Data mining records Clandestine activity by process:
Why the formality?
Because I find myself spending far too much time thinking about my coworkers reading my emails at work, my boss reading my personal emails, my friends, my wife, my parents reading my emails, my coworkers changing my code seconds before I check them into SVN…
So, what are all these clandestine activities and what difference does it make? Let us dissect the above paragraph into its constituencies:
Monitoring: secret collection of information: boss hires someone to read my personal email. To me, I am okay with people being aware of my personal activities. As long as it is does not materially detrimental to my quality of life. I think corporation law protecting secrecy is the minimal level of protection we have.
If I have stated that I want something private, then it should be protected as my personal privacy.
If I have taken sufficient measures to conceal it then it should be private.
For example: mail service provider instrumenting a password and my using a password on my email account demonstrates both intent and effort in hiding my personal emails. Please do not read them! It should be protected just as much as a stocker looking through my blinds which also shows desire and effort towards hiding something.
Reaction: acting on the information gathered under fake reason: boss plans to have an important meeting on the day I scheduled an interview at another company before I ask for that day off for a dentist appointment. Information asymmetry here causes employee to be at an disadvantage. Setting up a DUI check point to block bank robber’s escape route.
Masquerading: acting under the identity of an actual person or entity: eg coworker changes code in my work directory with out asking me. Stealing and defaming my identity. I feel this should be against rule of law and rule of companies. This can effectively kills a person’s identity and his reputation. Doing this is like putting poison in his drink just before he swallows it. This should not be allowed.
Subjects of organized clandestine activities are of two types, some are effectively forced to participate (you cannot buy a house unless you share your information with all our bank networks…), British surveillance system of cameras. Others participate amicably because they do not care or participate in the clandestine activities. And lastly, there are those that accept that they are subjects of clandestine activities without participating in it. I cannot imagine who wants that, but perhaps I can be persuaded that this is indeed an acceptable, and indeed more optimal, society like I accept the police been given the ability to legally (but completely publicly) use force and sometimes deadly force.
There are several issues that needs to be thought through.
- Personal Privacy is a person’s property, the loss of privacy has money (among other) value.
- Personal Privacy is a person’s right like speech.
- Personal Privacy is a mechanism important to capitalism or other aspects of economy or society like competition is. Or is it a bad thing like prostitution?
- Is complete Personal Privacy effectively impossible in a modern society?
- Is @usps.com an option? snooping my email can be big an offense as stealing my physical snail mail.
- What if I invested $5million of my own money in a company? Would I want the employee’s personal emails be read and reread by several trusted parties?
It is nearing July 4th this 12th year into our new millennium, I am reading a blog entry of my own from 2006ish talking about this exact issue with exactly same complaints that my email is being read and my code is being messed with.
I wish I could come to terms with these thoughts! They have consumed far too much of my time…
Happy July 4th!