Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Chinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

"At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect 'privatising' it and putting himself on a collision course with the authorities. The farmer spent five million yuan ($800,000) and years of backbreaking work renovating several hundred metres of the national symbol deep in northwestern China, turning it into a tourist site. He set up an entrance area for tourists, complete with a car park and fishpond, and his wife Tao Huiping collects the 25 yuan admittance fee at the ticket booth — a table in the open air. A 2006 law gave the government the exclusive right to manage national relics — making Yang’s project illegal." Continue reading

Continue ReadingChinese farmer ‘privatizes’ part of Great Wall to develop new tourist attraction

Washington’s Vampire Economy Thrives on Bloodshed

"The Wall Street Journal observes a new 'Gilded Age' for Washington, which has been 'a time of lush business profits fueled by government outsourcing and war.' Well-connected recent college graduates secure entry-level bureaucratic jobs that pay enough to support rentals that charge $3,000 a month. Military contractors like Northrup Gumman, corporate lobbying groups, and Wall Street firms bring in hordes of first-time home buyers, driving real estate values upward. This does much to explain the invincible indifference of the ruling class to our nation’s unfolding economic catastrophe." Continue reading

Continue ReadingWashington’s Vampire Economy Thrives on Bloodshed

Part-Time Track Jobs For Mainstream Professionals?

"'Ford didn’t offer paternity leave, but it did offer a part-time track so long as an employee’s manager approved it. When baby Dylan arrived, Trombley went to his bosses and told them he wanted to drop down to 70 percent and work from home two days a week. [...] There are now three other men in his department with similar part-time setups; there were none when Trombley started.' Is there a list of large, Fortune 500 employers that offer such a 'part-time track' option? Hopefully the idea of breaking down the traditional 'full-time' job into smaller pieces is gaining momentum in the corporate world." Continue reading

Continue ReadingPart-Time Track Jobs For Mainstream Professionals?

Everything Created Digitally Is Nearly Free–Including Money

"The key feature of digitally creating credit/money is this: it is immeasurably easier to digitally create claims on real-world assets than it is to create real-world assets. This is why the digital creation of trillions of dollars in credit/money is distorting and disrupting the real economy of real-world assets: the claims on those assets keep expanding while the actual assets remain stubbornly tied to the real world. This widening disconnect between rapidly multiplying digitally created claims on real assets and the actual assets has spawned a multitude of pernicious consequences." Continue reading

Continue ReadingEverything Created Digitally Is Nearly Free–Including Money