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Thursday, October 16, 2014

Waldorf Hotel may be Sold to Chinese Investors

US eyes sale of NY's Waldorf hotel to Chinese firm - AP

What is disturbing, is the deal is being looked at by the US government for security risks. There is a fear of Chinese using it to spy, since the President, many US diplomats, and the US ambassador uses the hotel during General Assembly meetings.

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Russian and China

This is major...

Sidelined Russia Makes Deals with China - The American Interest

China cashes in on Russia's shrinking economic options - Christian Monitor


  1. The US is using control of the financial industry to apply sanctions to Russia.
  2. Russia and China do not like the US having financial controls that can hurt their economy.
  3. Oil is mostly priced in dollars, making the US the default reserve currency of the world.
  4. Russian is now doing export deals not using US dollars.
  5. Having the US dollar as the world reserve currency, allows the US government to borrow more than it can.
  6. Sanctions are seen by the US government as a low cost way to show they are doing something.


Monday, October 6, 2014

Rowland Heights Pandhandlers

I have noticed in the Rowland Heights area, there are a lot of pan handlers located off of the 60 freeway exits.

At Fairway and the 60, there is an Asian Man. Originally he was located at the Westbound Exit. People would ignore him, pretend he does not exist, and then he would wave his hand in front of their face. Or he would touch their car. I have also seen him deliberately push the button to walk, forcing the light to stop traffic. He has a limp, and smokes. He is very aggressive in his approach. He has now moved to the center of Fairway, where you make a left turn to get onto the Westbound 60.

At Nogales, there is a man with one leg, who stands in the middle of the divider of Nogales. Since Nogales is closed to traffic at Gale, I am not sure if he's still there. I have also seen a Hispanic man, selling Oranges right next to him.

At Azusa, I have seen an older man with his wife, asking for money. At the same exit, I have also seen a man around 20, with a sign saying he is hungry, asking for money. The first time I saw the sign I donated. I have also seen some others around 20 years old on Azusa, between the 60 Freeway and Colima asking for money.

I was reminded about panhandlers in Rowland Heights, after reading this article about a video:

You drive a better car than me! 'Homeless' elderly panhandler caught driving off in a brand new car - Daily Mail

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Friday, October 3, 2014

HK Protesters infected by Android Spyware

Amazing what is possible for spyware.

Hmm, I wonder who would have wanted to create this type of sophisticated spyware? It gives access to everything on the phone loaded with the app.

This is one advantage of the Apple IOS system used on iPhones.

You dirty RAT! Hong Kong protesters infected by iOS, Android spyware - The Register

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Monday, September 29, 2014

Chinatown Bus Update

Chinatown Bus Pioneer Fung Wah Strangled by Federal Bureaucracy - Reason Magazine
The company has burned through $3 million, as regulators spend a year and a half deliberating its fate.

And some history on what happened:
Why the Government Was Wrong to Shutdown Fung Wah Bus Company - Reason Magazine

My guesses:

  1. High profile traffic accidents made for great copy by journalists, and created a perceived emergency where the government had to act.
  2. It's easier in the government, and less risk, to do nothing, than make a decision. Think what would happen if an agency approved Fung Wah operating again, and there was a big accident.
  3. The large competitors, Grey Hound, etc. are politically connected and are helping regulators to reduce competition.
  4. The ethnic Chinese owned companies due not understand how the political game is played. Campaign contributions, when done legally and to the right people, seem to help the process in government.

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Don't Let Your Kids Play Outside

As a parent, scary...

Child Services to Mom Who Did Nothing Wrong: 'Just Don't Let Your Kids Play Outside' - Reason Magazine

And this was in Texas! OK, it was Austin.


iPhone Aftermarket China Pricing

The Daily Mail in the UK is reporting a huge drop in prices of smuggled iPhone in China and saying it's a flop.

Or may be users are waiting for Apple to launch the iPhone in China? Per Macrumors, the rumored release date is October 10th...

Of perhaps there is too much supply, and not enough demand?

Is the iPhone 6 a flop? Smugglers forced to slash prices by more than HALF after supply outweighs demand in China - Daily Mail

Street Price Beijing:$1,060 and $1,436
Initial Street Price:  $1,960 and $2,450
Retailers Price: $649 and  $499


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