California Now Has a Bigger Economy Than the United Kingdom

(THIS ARTICLE IS COURTESY OF TIME NEWS)

 

By JONATHAN J. COOPER / AP

May 5, 2018

(SACRAMENTO) — California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday.

California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time when measured in U.S. dollars, due in part to exchange rate fluctuations.

The data demonstrate the sheer immensity of California’s economy, home to nearly 40 million people, a thriving technology sector in Silicon Valley, the world’s entertainment capital in Hollywood and the nation’s salad bowl in the Central Valley agricultural heartland. It also reflects a substantial turnaround since the Great Recession.

“We have the entrepreneurial spirit in the state, and that attracts a lot of talent and money,” said Sung Won Sohn, an economics professor at California State University Channel Islands. “And that’s why, despite high taxes and cumbersome government regulations, more people are coming into the state to join the parade.”

All economic sectors except agriculture contributed to California’s higher GDP, said Irena Asmundson, chief economist at the California Department of Finance. Financial services and real estate led the pack at $26 billion in growth, followed by the information sector, which includes many technology companies, at $20 billion. Manufacturing was up $10 billion.

California last had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession. Since then, the largest U.S. state has added 2 million jobs and grown its GDP by $700 billion.

California’s economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany. The state has 12 percent of the U.S. population but contributed 16 percent of the country’s job growth between 2012 and 2017. Its share of the national economy also grew from 12.8 percent to 14.2 percent over that five-year period, according to state economists.

California’s strong economic performance relative to other industrialized economies is driven by worker productivity, said Lee Ohanian, an economics professor at University of California, Los Angeles and director of UCLA’s Ettinger Family Program in Macroeconomic Research. The United Kingdom has 25 million more people than California but now has a smaller GDP, he said.

California’s economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego.

“The non-coastal areas of CA have not generated nearly as much economic growth as the coastal areas,” Ohanian said in an email.

The state calculates California’s economic ranking as if it were a country by comparing state-level GDP from the Bureau of Economic Analysis at the U.S. Department of Commerce with global data from the International Monetary Fund.

 

So, The English Have A New Prince, Maybe That Isn’t All

(THIS IS FROM AN OLD SCHOOL FRIEND OF MINE ON HIS FACEBOOK ACCOUNT, I JUST HAD TO POST THIS ONE)

 

A Romanian in the UK: ‘Undesirable Migrant’ Or ‘Welcomed Contributor’

(THIS ARTICLE IS COURTESY OF GLOBAL VOICES)

 

A Romanian in the UK: On the Thin Line Between ‘Undesirable Migrant’ and ‘Welcomed Contributor’

Alexandra Bulat, photo from her official page at UCL, used with her permission.

What is the human side of the Brexit, the UK ‘divorce’ from the EU? Numerous controversies remain, as well as the need to fix the system in order to avoid further suffering for millions of people caught in a bureaucratic uncertainty or facing arbitrary and unjust rules and regulations.

According to the newspaper The Sun, around 3.6 million EU nationals currently live in the UK, including nearly 600,000 children. Among them, eastern Europeans have been specially branded by Leavers (those who support UK’s separation from Europe) as “unwanted” immigrants. They often are tagged as “benefit scroungers, here to steal jobs”. This sentiment is not new, as they already felt like second-class citizens because of working restrictions initially put on migrants from central and eastern Europe when they joined the EU. Arguably, UK’s decision to open its labor market to these countries is what led the voters to become so opposed to migration from the EU.

Photographer Deividas Buivydas shared some captivating images from Boston, Lincolnshire, where tension against eastern Europeans is evident and post-Brexit anxiety is bubbling. This town registered the highest Leave vote in Britain, at 75.6 per cent and was dubbed “the capital of Brexit”. It also is home of the largest proportion of Eastern Europeans in the country.

The life story of Alexandra Bulat, a young scholar from Romania who made a career at top UK academic institutions also offers a telling example, as she referred to a famous phrase by UK Prime Minister Theresa May, uttered in January 2017:

I am a Romanian PhD student, teaching assistant & researcher. One of @theresa_may‘s praised “brightest and the best” whose “contributions are welcome”.

This I want to share my story. Until I got to this point, I was in many ways an “undesirable migrant” ⬇️

Ms. Bulat shared her story in a series of much-retweeted tweets which are summarized bellow.

My first experience in the UK was in 1997. My father got a temporary [National Health Service] contract as there was a skill shortage. I attended the hospital’s nursery for 7 months but my family chose to return to Romania. My mum was unemployed and my father had limited rights to work.

Meanwhile my parents got divorced. I attended a free school and skipped many classes in the last college years. Grew up mainly with “working class kids” sometimes doing dangerous things. But I achieved the highest grade in the Romanian Baccalaureate and this opened many doors.

I returned to the UK at 18 to study. I passed an IELTS exam but this was not enough to understand even half of what my British colleagues were saying. Should I have been “sent back” then as I could not properly engage in English conversations in my first few months?

Three years later I graduated with a first class degree from . It was a fun but difficult time. My mum came looking for work when I was in my second year and we shared a studio room at some point. I worked various part time jobs. Met my British partner.

In 2015 I received offers from both  and  to do my Masters. In the summer I worked as an intern in London to save money. We had no savings and definitely not enough to pay the 10,000 pounds tuition fee. Should I have given up my dreams?

I borrowed money from the bank for my fee and accepted my Master of Philosophy (MPhil) offer at Cambridge. I had barely enough to cover the first term of college accommodation and no idea what to do next. My mum was made redundant and things were not going well.

Meanwhile one of my colleagues was shocked to hear my experience of college – “So you did not have prep classes for Oxbridge interviews???”. Nope. This is maybe why I failed my Oxford interview for undergrad despite passing the written test. Oh, also my poor English.

I read my MPhil handbook saying we should not do any paid work. I did paid work throughout my MPhil and finished with 72% overall. Meanwhile mum got a job and things got back to normal around graduation time, after a year of familiarizing myself with Sainsbury’s Basic [a supermarket chain offering low cost produce].

Should me and my mum have been deported due to insufficient resources in those times? “If you do not make a net contribution you should be sent home”, some claim. Life is not a tick-box as the immigration categories are.

Alexandra Bulat. Courtesy photo used with her permission.

In 2016 after a summer of work on a temp contract I accepted my fully funded PhD at . This was the best thing that happened to me. I was sad to leave Cambridge uni but I could not have afforded a PhD with no funding. Funding is very competitive in social sciences.

My mum’s job was again subject to restructuring in 2017. After a few months of job searching she decided to leave to Germany. She also was concerned about  after Brexit. They are not guaranteed yet. She is working in Germany now, the UK lost a skilled professional.

In 2018 all things go well. I speak fluent English, have a lovely British partner and I am halfway through my PhD. But I, like all  and  are still . Our reduced  are not secured in case of no deal.

In the mind of many people rudely commenting on  posts such as the stories shared in ‘s articles, we should be sent back home unless we are a constantly producing tax payment machine. It is important to realize the complexity of migrant stories. According to these people’s logic, my mum should have been deported every time she lost her job and I should not have been allowed in with little English or “insufficient resources”. We have not claimed a single benefit all these years, not even job-seeker’s allowance.

To everyone that tells me to stop criticizing settled status because “I will be fine, cos I am a PhD student and skilled migrant”, I am saying: no. I will not close the gate behind me just because I managed to become a “desirable migrant”.  were promised for all.

On 1 June 2016, few weeks ahead of the Brexit Referendum, the “Vote Leave” campaign issued a statement by Michael Gove, Boris Johnson, Priti Patel, and Gisela Stuart, claiming that:

Second, there will be no change for EU citizens already lawfully resident in the UK. These EU citizens will automatically be granted indefinite leave to remain in the UK and will be treated no less favourably than they are at present.

In October of the same year, David Davis, Brexit Secretary tried to downplay the concerns of people like Ms. Bulat’s mother, by claiming that “Five out of six migrants who are here either already have indefinite leave to remain or ​will have it by the time we depart the [EU].” However, the UK fact-checking service FullFact concluded:

This is not fully substantiated by the evidence and will depend on the arrangements we make upon leaving the EU. Whatever happens, EU citizens are not going to be forced to leave en masse.

FullFact also noted other points of uncertainty, which depend on the outcome of the UK-EU negotiations which are still in the works, and are supposed to end by March 2019. For instance, the right to permanent residence under EU law may or may not survive Brexit and might depend on meeting criteria for permanent residence such as “whether they’re working, looking for work, self-employed, studying or self-sufficient…”

Instead, automatic grant of all existing rights promised by Vote Leave is still uncertainty for both EU migrants in UK and British in EU27. Many areas remain unclear and are under negotiations such as some family reunification rights and political rights (EU migrants can vote in local elections only)…

recent protest by the group Highly Skilled Migrants, which says it represents over 600 doctors, engineers, IT professionals, teachers and their families in Britain attempted to raise profile of ‘discriminatory’ Home Office rules. The ‘harsh migration policy’ affects both immigrants from ‘overseas’, and those coming from the EU member countries. Latest data indicates large drop in the number of EU nationals seeking jobs in the UK due to Brexit uncertainty.

Ms. Bulat concluded her story with the following tweet:

We need a solution to protect all , just as promised by Vote Leave. No more “bad migrant”-“good migrant” division games. People’s lives do not fit in a tickbox. Politicians should listen to more real migrant stories to understand.

Trump’s election consultants filmed saying they use bribes and sex workers to entrap politicians

THIS ARTICLE IS COURTESY OF UK CHANNEL 4 NEWS

Trump’s election consultants filmed saying they use bribes and sex workers to entrap politicians

An undercover investigation by Channel 4 News reveals how Cambridge Analytica secretly campaigns in elections across the world. Bosses were filmed talking about using bribes, ex-spies, fake IDs and sex workers.

Senior executives at Cambridge Analytica – the data company that credits itself with Donald Trump’s presidential victory – have been secretly filmed saying they could entrap politicians in compromising situations with bribes and Ukrainian sex workers.

In an undercover investigation by Channel 4 News, the company’s chief executive Alexander Nix said the British firm secretly campaigns in elections across the world. This includes operating through a web of shadowy front companies, or by using sub-contractors.

In one exchange, when asked about digging up material on political opponents, Mr Nix said they could “send some girls around to the candidate’s house”, adding that Ukrainian girls “are very beautiful, I find that works very well”.

In another he said: “We’ll offer a large amount of money to the candidate, to finance his campaign in exchange for land for instance, we’ll have the whole thing recorded, we’ll blank out the face of our guy and we post it on the Internet.”

Offering bribes to public officials is an offence under both the UK Bribery Act and the US Foreign Corrupt Practices Act. Cambridge Analytica operates in the UK and is registered in the United States.

The admissions were filmed at a series of meetings at London hotels over four months, between November 2017 and January 2018. An undercover reporter for Channel 4 News posed as a fixer for a wealthy client hoping to get candidates elected in Sri Lanka.

Mr Nix told our reporter: “…we’re used to operating through different vehicles, in the shadows, and I look forward to building a very long-term and secretive relationship with you.”

Along with Mr Nix, the meetings also included Mark Turnbull, the managing director of CA Political Global, and the company’s chief data officer, Dr Alex Tayler.

Mr Turnbull described how, having obtained damaging material on opponents, Cambridge Analytica can discreetly push it onto social media and the internet.

He said: “… we just put information into the bloodstream of the internet, and then, and then watch it grow, give it a little push every now and again… like a remote control. It has to happen without anyone thinking, ‘that’s propaganda’, because the moment you think ‘that’s propaganda’, the next question is, ‘who’s put that out?’.”

Mr Nix also said: “…Many of our clients don’t want to be seen to be working with a foreign company… so often we set up, if we are working then we can set up fake IDs and websites, we can be students doing research projects attached to a university, we can be tourists, there’s so many options we can look at. I have lots of experience in this.”

In the meetings, the executives boasted that Cambridge Analytica and its parent company Strategic Communications Laboratories (SCL) had worked in more than two hundred elections across the world, including Nigeria, Kenya, the Czech Republic, India and Argentina.

The company is at the centre of a scandal over its role in the harvesting of more than 50 million Facebook profiles.

Chief executive Mr Nix has also been accused of misleading a parliamentary select committee, which is now asking him to provide further information. He has denied the allegations.

Tonight, a Cambridge Analytica spokesman said: “We entirely refute any allegation that Cambridge Analytica or any of its affiliates use entrapment, bribes, or so-called “honey-traps” for any purpose whatsoever… We routinely undertake conversations with prospective clients to try to tease out any unethical or illegal intentions…”

They said: “Cambridge Analytica does not use untrue material for any purpose.”

And they insisted that opposition research and intelligence gathering, the use of subcontractors and working discreetly with clients are all common practice and legitimate.

This report is Part Two of a Channel 4 News series, ‘Data, Democracy and Dirty Tricks’, investigating Cambridge Analytica.

Part Three, on the company’s work in the United States, will be broadcast at 7pm tonight (Tuesday, 20 March 2018). 

Watch the full series here.

Mauritius President to resign over expense claims

(THIS ARTICLE IS COURTESY OF CNN)

 

Mauritius President to resign over expense claims, prime minister says

Mauritius President Ameenah Gurib-Fakim delivers a speech in Paris in 2015.

Lagos, Nigeria (CNN)The President of Mauritius will resign next week, the island country’s prime minister has said.

Ameenah Gurib-Fakim will step down over allegations she misused a credit card given to her by a charity.
Prime Minister Pravind Jugnauth said Gurib-Fakim, who was facing impeachment proceedings over the alleged expense irregularities, had agreed to step down after the country’s 50-year independence celebrations on March 12.
“The President of the Republic told me that she would resign from office and we agreed on the date of her departure,” Jugnauth told reporters in Port Louis, the country’s capital.
“The interests of the country come first,” he said.
Attempts to obtain comment from Gurib-Fakim and her office were not immediately successful.
The president was left fighting for her political career after local media published a report that she had paid for personal expenses on a credit card given to her by London-based charity Planet Earth Institute (PEI) in 2016.
The report alleged that Gurib-Fakim had spent thousands of dollars on the card on clothing and luxury items.
She has denied any wrongdoing and said she had refunded all the money.
“I do not owe anything to anybody. Why is this issue coming up now almost a year later on the eve of our independence day celebrations,” she said on March 7, Reuters news agency reported.
The Planet Earth Institute is accredited to the United Nations Environmental Program and its mission is the “scientific independence of Africa.” When contacted, a spokeswoman for PEI declined to comment.
Gurib-Fakim was appointed to the PEI board in 2015, but resigned two years later in 2017.
She is internationally renowned and is feted on the world stage, and is the recipient of the L’Oréal-UNESCO award for women in science.
Despite her huge international profile, commentators say Gurib-Fakim’s popularity closer to home was waning.
Mauritians increasingly saw her as a “president in transit,” because of her frequent trips abroad, said Rabin Bhujun, managing editor of ION News, a digital news platform in the country.
“How does it benefit the country for her to be on the Forbes list? This is an important factor which encouraged the government to get rid of her.
They felt she wasn’t a heavyweight in politics and had no problem sacking her,” Bhujun said.

Saudi Crown Prince Mohammed bin Salman Has Arrived In London

(THIS ARTICLE IS COURTESY OF THE WASHINGTON POST)

 

 0:45
Mohammed bin Salman arrives at Downing Street to meet Theresa May

Saudi Crown Prince Mohammed bin Salman arrived in London March 7 for a three-day visit to the United Kingdom as part of his first official overseas tour. 

Mohammed bin Salman, the divisive crown prince of Saudi Arabia, arrived in London on Wednesday for a three-day state visit. The 32-year-old was greeted at the airport by Foreign Secretary Boris Johnson and had lunch with Queen Elizabeth II, a rare honor for a man not yet head of state.

Later, he will dine with Prince Charles and Prince William — two British royals who are, like him, next in line to the throne, although they hold a small fraction of his political power.

But the pomp and the red carpet notwithstanding, Mohammed’s visit already has turned into a bitter PR battle between those who support the moves he is making for Saudi Arabia and those who call him a “war criminal.”

In some cases, the battle veered into absurd territory, such as when pro-Saudi advertisements were placed next to online articles criticizing the crown prince.

Although Mohammed has pushed through some liberal policies at home — including his dramatic decision to allow women to drive — and he is viewed as a key economic ally for a post-Brexit Britain, his foreign policy is controversial in London.

Notably, the crown prince is the architect of a Saudi-led intervention against Iran-allied rebels in Yemen. Critics say Saudi Arabia’s indiscriminate use of force in that conflict has had disastrous consequences for Yemeni civilians, exacerbating what may be the worst humanitarian disaster on earth.


Vans bearing messages of welcome for Saudi Crown Prince Mohammed bin Salman are parked in Whitehall in central London on March 7. (Daniel Leal-Olivas/AFP/getty Images)

According to U.N. estimates from last year, more than 10,000 people have been killed in Yemen since 2015. More than 3 million people have been displaced, the United Nations estimated, and 80 percent of the population is in need of humanitarian aid.

Awkwardly for Johnson and Prime Minister Theresa May, Britain is a key military supplier of Saudi Arabia. According to one estimate, sales of British weapons to Saudi Arabiaincreased almost 500 percent, to 4.6 billion pounds ($6.4 billion), after 2015, when the Saudi intervention in Yemen began. Saudi Arabia is now the top destination for British-manufactured weapons.

A poll commissioned by the Campaign Against Arms Trade and carried out by Populus found that 6 percent of the British public supported arms sales to Saudi Arabia; 37 percent opposed Mohammed’s visit to Britain.

Amid this public mistrust, advertisements praising Mohammed’s reforms have been blanketing London — in an apparent bid to woo Britons. The advertisements have appeared on billboards, on taxis, on trucks and in newspapers.

View image on TwitterView image on TwitterView image on Twitter

Feels like arriving in – when entering London from the M4 & M40 one is greeted by the “beloved leader” @AEISaudi & the lobby try to turn around the kingdom’s image in a not so subtle way @alekhbariyatv

I count one full-page and three half-page “yay for Saudi Arabia” ads in today’s @FT

AEI Saudi, the firm behind the advertisements, is a consulting business that was registered in Riyadh in 2002. In a blog post, the firm’s founder highlighted the significant changes he has seen in recent years in Saudi Arabia, such as a new inclusion of Saudi women in public life.

“If there is one individual who has been the driving force behind these changes it is ‘MbS’, as he is often known,” wrote Adam Hosier, the British-born founder of the firm. “He has faced resistance of course, both internally and from powers outside the Kingdom, yet he has not faltered.”

But these were not the only advertisements greeting the crown prince. In central London, buses were emblazoned with messages accusing Mohammed of being a “war criminal,” while social media users used hashtags to let the Saudi royal know that he was “not welcome.”

Activists from Avaaz, a global activism group, parked a van outside Parliament and had two figures dressed as Mohammed and May drop off child-size body bags. A sign on the van said May should tell the crown prince: “Stop the slaughter, start peace talks!”


Activists from Avaaz stage a protest outside Parliament timed to coincide with the visit by Saudi Crown Prince Mohammed bin Salman in London on March 7. (Henry Nicholls/Reuters)

Save the Children, a London-based charity, also highlighted the plight of children in Yemen by placing outside Parliament a small statue of a child standing in rubble and staring at the sky.

Meanwhile, the Arab Organization for Human Rights in UK has scheduled a protest outside Downing Street, due to start at 5 p.m. local time.

Join us outside Downing Street from 5pm this evening to oppose the Crown Prince and all UK arms sales to his regime. http://aje.io/24aln 

Saudi Crown Prince Mohammad Bin Salman begins official UK visit

As ruling party welcomes Gulf royal, protesters and opposition politicians call on prime minister to challenge kingdom.

aljazeera.com

It is unclear who is winning the PR battle — other than advertising agencies, of course. The pro-Saudi messages were certainly mocked: Some noted that the advertisements looked better suited to a “sleazy gentlemen’s club” and pointed out that online ads praising Mohammed had appeared next to articles about Saudi corruption.

These adverts for the Saudi Crown Prince are everywhere! Even on articles about Saudi corruption in the Guardian. Cc @claytonswisher.

Many of the billboards welcoming the crown prince appeared along the motorways that connect Heathrow Airport to central London — suggesting that Mohammed may have been the intended audience.

Ads praising MBS all along the M4 this morning. Are they targeted at Brits, or at the Crown Prince’s motorcade?

However, the protests outside Parliament seem to have resonated inside Westminster. During the weekly Prime Minister’s Question Time on Wednesday afternoon, opposition leader Jeremy Corbyn criticized Saudi Arabia’s record on human rights and accused May of “colluding” in suspected war crimes in Yemen.

“The link that we have with Saudi Arabia is historic, it is an important one, and it has saved the lives of potentially hundreds of people in this country,” May responded, as opposition lawmakers shouted “shame.”

Jeremy Corbyn was accused of “mansplaining” by the Prime Minister as he raised concerns of women’s rights in Saudi Arabia

May later said that she would raise the issue of human rights with the crown prince when she met him and that she had spoken with him about humanitarian concerns in Yemen during a visit to Riyadh in December.

The controversy over Saudi Arabia puts May in a tight spot politically. Britain is looking for bigger trading partners as it leaves the European Union, and broadening its economic relationship with Saudi Arabia would help it do that. The two nations are planning to create a joint Strategic Partnership Council that could lead to Saudi investment of up to 100 billion pounds ($139 billion) in the next 10 years, according to the BBC.

However, the visit is also important for the Saudi crown prince, who is seeking foreign investment as part of Vision 2030, his ambitious plan to reform his country. There are also hopes that the long-awaited public listing of the state oil firm Saudi Aramco might take place on the London Stock Exchange.

 1:34
Saudi Arabia loosens rules around women driving, gender segregation

As Saudi Arabia tries to shake a conservative image, it’s increasing entertainment events and backing off on gender-based rules in 2018.

Mohammed also is planning to visit the United States, home to the New York Stock Exchange, for an investment-focused visit set to start March 19.

The Boston Massacre

(THIS BOSTON MASSACRE BY NATHANIEL HAWTHORNE)

 

The Boston Massacre

by Nathaniel Hawthorne


This account of the Boston Massacre, the last pin to drop escalated hostilities between colonists and “the lobster-backs” into all-out war. Published in Hawthorne’s,True Stories from History and Biography (1851).


An illustration for the story The Boston Massacre by the author Nathaniel Hawthorne
Paul Revere, Bloody Massacre on King Street, Boston, March 5, 1770

It was now the 3rd of March, 1770. The sunset music of the British regiments was heard, as usual, throughout the town. The shrill fife and rattling drum awoke the echoes in King Street, while the last ray of sunshine was lingering on the cupola of the town-house. And now, all the sentinels were posted. One of them marched up and down before the custom-house, treading a short path through the snow, and longing for the time when he would be dismissed to the warm fire-side of the guard-room. Meanwhile, Captain Preston was perhaps sitting in our great chair, before the hearth of the British Coffee House. In the course of the evening, there were two or three slight commotions, which seemed to indicate that trouble was at hand. Small parties of young men stood at the corners of the streets, or walked along the narrow pavements. Squads of soldiers, who were dismissed from duty, passed by them, shoulder to shoulder, with the regular step which they had learned at the drill. Whenever these encounters took place, it appeared to be the object of the young men to treat the soldiers with as much incivility as possible.

“Turn out, you lobster-backs!” one would say. “Crowd them off the side-walks!” another would cry. “A red-coat has no right in Boston streets.”

“Oh, you rebel rascals!” perhaps the soldiers would reply, glaring fiercely at the young men. “Some day or other, we’ll make our way through Boston streets, at the point of the bayonet!”

Once or twice, such disputes as these brought on a scuffle; which passed off, however, without attracting much notice. About eight o’clock, for some unknown cause, an alarm bell rang loudly and hurriedly.

At the sound, many people ran out of their houses, supposing it to be an alarm of fire. But there were no flames to be seen; nor was there any smell of smoke in the clear, frosty air; so that most of the townsmen went back to their own fire-sides, and sat talking with their wives and children about the calamities of the times. Others, who were younger and less prudent, remained in the streets; for there seems to have been a presentiment that some strange event was on the eve of taking place.

Later in the evening, not far from nine o’clock, several young men passed by the town-house, and walked down King Street. The sentinel was still on his post, in front of the custom-house, pacing to and fro, while, as he turned, a gleam of light, from some neighboring window, glittered on the barrel of his musket. At no great distance were the barracks and the guard-house, where his comrades were probably telling stories of battle and bloodshed.

Down towards the custom-house, as I told you, came a party of wild young men. When they drew near the sentinel, he halted on his post, and took his musket from his shoulder, ready to present the bayonet at their breasts.

“Who goes there?” he cried, in the gruff, peremptory tones of a soldier’s challenge.

The young men, being Boston boys, felt as if they had a right to walk their own streets, without being accountable to a British red-coat, even though he challenged them in King George’s name. They made some rude answer to the sentinel. There was a dispute, or, perhaps a scuffle. Other soldiers heard the noise, and ran hastily from the barracks, to assist their comrade. At the same time, many of the town’s-people rushed into King Street, by various avenues, and gathered in a crowd round about the custom-house. It seemed wonderful how such a multitude had started up, all of a sudden.

The wrongs and insults, which the people had been suffering for many months, now kindled them into a rage. They threw snow-balls and lumps of ice at the soldiers. As the tumult grew louder, it reached the ears of Captain Preston, the officer of the day. He immediately ordered eight soldiers of the main guard to take their muskets and follow him. They marched across the street, forcing their way roughly through the crowd, and pricking the town’s-people with their bayonets.

A gentleman, (it was Henry Knox, afterwards general of the American artillery,) caught Captain Preston’s arm.

“For Heaven’s sake, sir,” exclaimed he, take heed what you do, or here will be bloodshed.”

“Stand aside!” answered Captain Preston, haughtily. “Do not interfere, sir. Leave me to manage the affair.”

Arriving at the sentinel’s post, Captain Preston drew up his men in a semi-circle, with their faces to the crowd and their rear to the custom-house. “When the people saw the officer, and beheld the threatening attitude with which the soldiers fronted them, their rage became almost uncontrollable.

“Fire, you lobster-backs!” bellowed some.

“You dare not fire, you cowardly red-coats,” cried others.

“Rush upon them!” shouted many voices. “Drive the rascals to their barracks! Down with them! Down with them! Let them fire, if they dare!”

Amid the uproar, the soldiers stood glaring at the people, with the fierceness of men whose trade was to shed blood.

Oh, what a crisis had now arrived! Up to this very moment, the angry feelings between England and America might have been pacified. England had but to stretch out the hand of reconciliation, and acknowledge that she had hitherto mistaken her rights but would do so no more. Then, the ancient bonds of brotherhood would again have been knit together, as firmly as in old times. The habit of loyalty, which had grown as strong as instinct, was not utterly overcome. The perils shared, the victories won, in the Old French War, when the soldiers of the colonies fought side by side with their comrades from beyond the sea, were unforgotten yet. England was still that beloved country which the colonists called their home. King George, though he had frowned upon America, was still reverenced as a father.

But, should the king’s soldiers shed one drop of American blood, then it was a quarrel to the death. Never—never would America rest satisfied, until she had torn down the royal authority, and trampled it in the dust.

“Fire, if you dare, villains!” hoarsely shouted the people, while the muzzles of the muskets were turned upon them; “you dare not fire!”

They appeared ready to rush upon the levelled bayonets. Captain Preston waved his sword, and uttered a command which could not be distinctly heard, amid the uproar of shouts that issued from a hundred throats. But his soldiers deemed that he had spoken the fatal mandate—”fire!” The flash of their muskets lighted up the street, and the report rang loudly between the edifices. It was said, too, that the figure of a man with a cloth hanging down over his face, was seen to step into the balcony of the custom-house, and discharge a musket at the crowd.

A gush of smoke had overspread the scene. It rose heavily, as if it were loath to reveal the dreadful spectacle beneath it. Eleven of the sons of New England lay stretched upon the street. Some, sorely wounded, were struggling to rise again. Others stirred not, nor groaned, for they were past all pain. Blood was streaming upon the snow; and that purple stain, in the midst of King Street, though it melted away in the next day’s sun, was never forgotten nor forgiven by the people.

Grandfather was interrupted by the violent sobs of little Alice. In his earnestness, he had neglected to soften down the narrative, so that it might not terrify the heart of this unworldly infant. Since Grandfather began the history of our chair, little Alice had listened to many tales of war. But, probably, the idea had never really impressed itself upon her mind, that men have shed the blood of their fellow-creatures. And now that this idea was forcibly presented to her, it affected the sweet child with bewilderment and horror.

“I ought to have remembered our dear little Alice,” said Grandfather reproachfully to himself. “Oh, what a pity! Her heavenly nature has now received its first impression of earthly sin and violence. Well, Clara, take her to bed, and comfort her. Heaven grant that she may dream away the recollection of the Boston Massacre!”

“Grandfather,” said Charley, when Clara and little Alice had retired, “did not the people rush upon the soldiers, and take revenge?”

“The town drums beat to arms,” replied Grandfather, “the alarm bells rang, and an immense multitude rushed into King Street. Many of them had weapons in their hands. The British prepared to defend themselves. A whole regiment was drawn up in the street, expecting an attack; for the townsmen appeared ready to throw themselves upon the bayonets.”

“And how did it end?” asked Charley.

“Governor Hutchinson hurried to the spot,” said Grandfather, “and besought the people to have patience, promising that strict justice should be done. A day or two afterward, the British troops were withdrawn from town, and stationed at Castle William. Captain Preston and the eight soldiers were tried for murder. But none of them were found guilty. The judges told the jury that the insults and violence which had been offered to the soldiers, justified them in firing at the mob.”

“The Revolution,” observed Laurence, who had said but little during the evening, “was not such a calm, majestic movement as I supposed. I do not love to hear of mobs and broils in the street. These things were unworthy of the people, when they had such a great object to accomplish.”

“Nevertheless, the world has seen no grander movement than that of our Revolution, from first to last,” said Grandfather. “The people, to a man, were full of a great and noble sentiment. True, there may be much fault to find with their mode of expressing this sentiment; but they knew no better—the necessity was upon them to act out their feelings, in the best manner they could. We must forgive what was wrong in their actions, and look into their hearts and minds for the honorable motives that impelled them.”

“And I suppose,” said Laurence, “there were men who knew how to act worthily of what they felt.”

“There were many such,” replied Grandfather, “and we will speak of some of them, hereafter.”

Grandfather here made a pause. That night, Charley had a dream about the Boston Massacre, and thought that he himself was in the crowd, and struck down Captain Preston with a great club. Laurence dreamed that he was sitting in our great chair, at the window of the British Coffee House, and beheld the whole scene which Grandfather had described. It seemed to him, in his dream, that if the town’s-people and the soldiers would but have heard him speak a single word, all the slaughter might have been averted. But there was such an uproar that it drowned his voice.

The next morning, the two boys went together to State Street, and stood on the very spot where the first blood of the Revolution had been shed. The Old State House was still there, presenting almost the same aspect that it had worn on that memorable evening, one-and-seventy years ago. It is the sole remaining witness of the Boston Massacre.

 

Prince Charles, Free Speech, And Being Real

Prince Charles, Free Speech, And Being Real

 

On my Google Homepage a day or so ago I read an article from USA Today that spoke of some letters that Prince Charles had written to various members of Government throughout the years. I am not from England and I have never been able to afford to travel there so I am not an expert on their Governments inner workings. For those of us who are not from the UK this is a case where evidently the Prince as a member of the Royal Family is not allowed to express his opinions on pretty much on any subject matter because in being who he is he must remain neutral on all subjects. People, how would this even be possible for a person, any person, to never express their opinion, especially if you are in constant media glare like a person such as Prince Charles is?

 

Evidently a Media source in the UK had filed suit under the freedom of closure type of act years ago to have these 27 letters released to the public. Prince Charles had fought their release because they were private letters. Personally I disagree with the final Court decision to release the letters because I agree with Prince Charles, they were private. My point is this, why should every citizen in the UK have freedom of their own speech but Prince Charles because he is a member of the Royal Family should have none? Also, how does a person go through life with no opinion at all on anything? Briton, is that what you really want? Do you want the members of the Royal Family to be totally muted? Do you really not have and interest in these people as to who they really are as people nor what they really think as individuals on different subject matter? Their family is not able to enforce their will on any of you so why should they not be allowed to express their opinions in the same legal manner that every other citizen of the UK are allowed to do?

 

If these people can not feel free to express their opinions in private with others then are you not then guilty of insisting they follow an impossible course that you yourself can not abide to? Do you really want all of the Royal Family to be nothing but a photo shoot with a bunch of empty suits? If you want that, go visit the inner DC Beltway there is enough of that phony there to drown a Duck.

 

 

London City Airport closed after WWII bomb discovered

(THIS ARTICLE IS COURTESY OF CNN)

 

London City Airport closed after WWII bomb discovered

A plane waits on the runway at London City Airport.

(CNN) London City Airport will remain closed through Monday after a World War II bomb was discovered by construction workers in the nearby Thames River a day earlier.

After the discovery of the unexploded bomb near King George V Dock on Sunday, the airport canceled all flights and put an exclusion zone in place, airport Chief Executive Robert Sinclair said in a statement.
“I recognize this is causing inconvenience for our passengers,” Sinclair added, saying that the airport is “cooperating fully with the Met Police and Royal Navy and working hard to safely remove the device and resolve the situation as quickly as possible.”
The airport said it is “hoping to resume normal operation” on Tuesday, according to a tweet from the airport’s official account, and urged all passengers due to fly to contact their airlines for further information.
Metropolitan Police and the Royal Navy were deployed to the scene to examine the bomb and have confirmed it as a “500 kg (1102 pounds) tapered end shell measuring approximately 1.5 meters (4.9 feet),” according to a police statement issued Monday. “The timing of removal is dependent on the tides, however, at this stage we estimate that the removal of the device from location will be completed by tomorrow morning.”
The Royal Navy implemented the 214-meter exclusion zone to “ensure that the ordnance can be safely dealt with whilst limiting any risk to the public,” the police statement said.
In an effort to minimize the disruption, officers are going to homes within the exclusion zone to make residents aware of any safety arrangement put in place, the statement added.
London City is an international airport located in the borough of Newham in East London. The area was heavily industrial and highly populated during WWII. The Royal Docks, where the runway is now located, were a main entry point on the Thames for goods and commerce.
The airport, which is much smaller than London Heathrow Airport, caters to business travelers heading to destinations in the UK, Europe and the United States.

How Does Centrally Planned China Raise Capital?-Answer, Hong Kong

(THIS ARTICLE IS COURTESY OF FORBES INVESTING MARKET MOVES)

 

Investing #MarketMoves

How Does Centrally Planned China Raise Capital?

I write financial newsletters for investors on how to profit in Asia.  Opinions expressed by Forbes Contributors are their own.

A general view from Victoria Peak shows Victoria Harbour and the skylines of the Kowloon district (background) and Hong Kong island (foreground) on July 3, 2017. (ANTHONY WALLACE/AFP/Getty Images)

Through careful planning and strategic economic policy reforms, mainland China has evolved from a country struck by poverty to the world’s second largest economy. But don’t think this was solely the Chinese bureaucrats’ doing.  The U.K.’s special “present” to China proved to be essential to the story of China’s miraculous development.

In 1997, Tony Blair, who was U.K.’s prime minister at the time, went to Hong Kong to give the city back to Beijing. 156 years of colonial rule had completely transformed the city.

What was once a backwards fishing village, was now one of the worlds’ most important financial hubs.

Hong Kong currently has the highest concentration of international banks in the world. The 71 largest international banks and almost 300 international fund management companies are housed in Hong Kong. The island also has most beneficial legal regulations for both residents and companies.

China basically saw Hong Kong attending a 150 yearlong financial course. The financial powerhouse now belongs back to the Middle Kingdom that uses it to funnel foreign capital into its centrally planned economy. Something the mainland wasn’t able to do by itself.

Never before has a centrally planned economy ever received such a precious gift as Hong Kong.

How Hong Kong feeds China

Companies in planned economies – like China’s – typically have a hard time raising capital. That makes Hong Kong a key factor in China’s economic development.

With its leading financial institutions in place, Hong Kong is able to raise capital unhindered by political or economic instability. A problem free market economies like in the U.S. generally have to deal with.

Four years before Hong Kong was given back to China, it was responsible for 27% of China’s GDP. Let’s put this in perspective. At the time, only 6.5 million people lived in Hong Kong while mainland China had a population of 1 billion people. It’s easy to see that Hong Kong’s impact on China’s economic growth was tremendous.

The mainland did catch up over time as the graph below clearly illustrates. By 2017, Hong Kong accounted for merely 3% of the GDP.

One Road Research

Hong Kong’s Share of China’s GDP

Hong Kong’s return in 1997 coincided with the dramatic rise of China’s GDP.

One Road Research

China’s GDP in Current US$

China’s economic growth was partially due to twenty years of export-oriented policies from Beijing. But without Hong Kong’s well-established financial markets, necessary funds couldn’t have been raised.