Saturday, September 12, 2009

Looting Means a Lopping in China

Maybe they are on to something, America.

"China executes former chairman of airport; Was convicted of corruption charges" by Michael Wines and Mark McDonald, New York Times | August 8, 2009

BEIJING - China executes more convicts than any other nation, and while executions for financial misdeeds are not common, they are not unheard of.....

Line 'em up!

China executed the former chairman of a huge state-owned airport holding company yesterday, six months after he was convicted on bribery and embezzlement charges involving more than $14.6 million....

The execution underscored the gravity of the national government’s campaign against official corruption, which President Hu Jintao has labeled a serious threat to stability.

That's why AmeriKa is outta control!

The Communist Party announced this week that it was investigating a member of its ruling authority, the party’s Central Committee, apparently for corruption in the nation’s nuclear industry. News reports stated that that official, Kang Rixin, was suspected of embezzlement and bidding irregularities related to the construction of nuclear power plants. Recent months also have seen the firing of a big-city mayor and the arrest of a former senior oil-company executive on corruption charges....

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Also see: Chinese Corruption

China's Cure For Corruption