"Baizuo" Is The New Derogatory Term Millions Of Chinese Are Using To Describe America's "White Left" Regressive Liberals

Authored by Daniel Lang via SHTFplan.com,
After the last election, the far-left in our society became a laughing stock. The social justice warriors, the progressives, the regressive left; whatever you want to call them, they became a joke after Trump was elected. And it wasn’t because they lost the election. It was because of how they reacted to losing. We all witnessed what amounted to a nationwide temper tantrum on November 9th. And in the weeks that followed, it became apparent that these people aren’t just childish. They are freaking insane.

However, it may surprise you to learn that these people aren’t just a joke in America. They are the laughing stock of the world. They are looked down upon, even in countries where they don’t have a significant presence.
In China for instance, they have a word for these people. They are called “baizuo” or the “white left” on social media. Which is interesting, because even though China has its fair share of socialists and communists, they don’t have a direct equivalent to our liberal snowflakes. Most of the Chinese are still fiercely nationalistic and anti-immigrant, regardless of political affiliation. That country just doesn’t have a large population of politically correct, affluent liberals (presumably, they were all killed off during the Great Leap Forward). So what does this term mean to the average Chinese citizen?
It might not be an easy task to define the term, for as a social media buzzword and very often an instrument for ad hominem attack, it could mean different things for different people. A thread on “why well-educated elites in the west are seen as naïve “white left” in China” on Zhihu, a question-and-answer website said to have a high percentage of active users who are professionals and intellectuals, might serve as a starting point.
 
The question has received more than 400 answers from Zhihu users, which include some of the most representative perceptions of the ‘white left’. Although the emphasis varies, baizuo is used generally to describe those who “only care about topics such as immigration, minorities, LGBT and the environment” and “have no sense of real problems in the real world”; they are hypocritical humanitarians who advocate for peace and equality only to “satisfy their own feeling of moral superiority”; they are “obsessed with political correctness” to the extent that they “tolerate backwards Islamic values for the sake of multiculturalism”; they believe in the welfare state that “benefits only the idle and the free riders”; they are the “ignorant and arrogant westerners” who “pity the rest of the world and think they are saviours”.

Baizuo has basically become the go to word for Chinese social media users, who want to trash other people in online debates. It’s also frequently used to make light of what is viewed in China, as the inherent weakness of western democracies. So not only has the far-left made themselves into a joke, they’re making everyone else who supports Western civilization look bad all around the world.

It just goes to show, the people who speak the loudest in society often become the face of that society, even if most sane people aren’t taking them seriously anymore.

Source: Zerohedge – "Baizuo" Is The New Derogatory Term Millions Of Chinese Are Using To Describe America's "White Left" Regressive Liberals

Timeshare Fraud – the hot new securities fraud

Every now and again we at Elite E Services stumble upon business models in the course of our operation that are sometimes interesting but alarming at the same time – in this case, timeshare fraud.  After having our head held under water by combination of ugly circumstances (tough regulation making business impossible but at the same time losing millions to Forex fraudsters which ironically the regulations failed to stop); we are sensitive on fraud – especially that which does not appear to be on the surface!  And as markets evolve, so do fraud models.. 
With the conviction of stock lending fraud master and citizen of Boca Raton Florida Jeffrey Spanier, stock lending fraud is on the way out:

SAN DIEGO – Jeffrey Spanier, a 51-year-old former owner of Amerifund Capital Finance, LLC located in Boca Raton, Florida, was convicted by a federal jury today for his role in an elaborate stock-loan fraud scheme in which executives and shareholders of publicly traded corporations collectively lost over $100 million when the stock they pledged as collateral for loans was immediately sold in order to fund the loans.

Why this is a good example though – this fraud was perpetrated at the highest levels.  Victims of this fraud included the who’s who of Wall St., corporate executivies, ultra high net worth individuals, and even Bono (
This may have to be a multi-part series as we uncover this new type of fraud which may be the next big ‘securities fraud’ as what we are looking at – appears to be unregistered securities.  Let’s start with a short history of what a timeshare is and how we got where we are.  
Long ago, before the dinosaurs, the Johnson family wanted to share their lake cottage with the Smith family for the summer, and asked them to kick in for the repairs of the old dock.  Or something like that.  And then it became a business – of course starting from the infamous Fort Frauderdale, Florida (during this time Boca Raton was still a swamp, inhabitied only by IBM and some Japanese..)

The first timeshare in the United States was started in 1974 by Caribbean International Corporation (CIC), based in Fort Lauderdale, Florida. It offered what it called a 25-year vacation license rather than ownership. The company owned two other resorts the vacation license holder could alternate their vacation weeks with: one in St. Croix and one in St. Thomas; both in the U.S. Virgin Islands. The Virgin Islands properties began their timeshare sales in 1973 with owners Hillie Meyers, Don Saunders, and Arthur Zimand.

How we got to where we are today follows the same path of all industries; fuelled by Fed policy of cheap money, an expanding real estate market, retiring rich baby boomers, and all the other favorable demographics.  But what insiders in this industry learned quickly was that, they were really selling the dream.  It was possible to sell the nothing, the artificiality.  “Real” estate is just that – it’s real.  Timeshare owners don’t really ‘own’ anything, if you read the agreements – it’s a contract to pay, an obligation – in perpetuity.  Every time share contract is different but in no case is there actual ownership of ‘real estate’ – you may own the ‘rights’ to a ‘membership’ but if it cannot be ‘sold’ then what kind of ownership is that really?  What they learned was that the profit here was all in the sizzle, not in the steak – and if they could enhance the sizzle to be 99% and serve Grade B flank steak, they’d have a winning model to become very rich, which was borderline legal.  While the timeshare industry itself is ‘legal’ and in some states there are ‘regulations’ – many of the tactics they use, contracts they offer, are illegal.  Many of the ‘salespeople’ they hire, have criminal records for financial fraud.  In fact, the FTC currently has hundreds of criminal investigations against timeshare companies, timeshare resale scams, timeshare fraud, and related illegal activities.  Similar to how the Forex fraud we saw had nothing to do with Forex, many of these frauds have nothing to do with timeshares.  People are so desperate to sell their obligations, when a scammer calling from Mexico says he can ‘resell’ your timeshare (which is practically impossible) hopeful victims wire thousands of dollars to the foreign bank account with little respute.  Doesn’t sound like a lot of money for a scam, but – multiplied by the 10 Million timeshare owners out there, this can add up to millions of dollars for the fraudsters.
When you ‘buy’ a timeshare ‘contract’ it’s sort of like a debt, you are obligated to pay and if you die, your children will inherit the payments.  Sounds a lot like a bond!  Yes, these are unregistered securities.  The ‘exchange’ as they call it, RCI, is an unregistered exchange.  There are issues with the SEC, the CFTC, the states, and possibly even anti-trust issues.  Some of these issues are starting to be talked about in the financial media:

Summary

Analysts upgrading HGV are not considering the ‘dark side’ of this industry.
Potential liabilities can spring up anytime that can change this tune.
Angry customers complain, which can soon become lawsuits, with deleterious consequences.

About half of the big timeshare companies are public companies, so here’s where the biggest issues lie.  Because public companies are required to follow rules such as disclosure rules that don’t apply to private companies.  So this may be where we see the first complaints.
Really what it comes down to, is a broken model.  Not all timeshares are frauds – but in an inflationary environment, is such a model – fraud removed – profitable anymore?  It’s like the Series 7 stockbroker, who used to charge a percent of the trade – now anyone can place their own trade for $9.99 or less whilst sitting in their bathrobe petting their cat.  The timeshare model is a broken bricks and mortar model from the past, it’s dead like the shopping mall is dead, just like Amazon is killing retail stores, new upstarts that remain to be seen (still do not exist) will cannabalize this rotten model.  In the meantime, there’s a lot to be decided in court.
Even according to industry ‘official’ statistics, about 17% of timeshare owners are not happy.  Although Diamond is now private and bigger companies have ‘cleaned up’ their act, reports of false imprisonment, fraud by trickery, misleading sales statements, and outright refusals to comply with customers requests, and just a few of the things still going on.. just read sites like this Consumer Reports (RCI): 

We see no reason to sign up for RCI except to give the company money. We are new members who tried to use RCI for the first time. We wanted to visit El Dorado Suites, Riviera Maya, using our exchange. Through RCI, we have to pay a $399 fee for a mandatory 7-day visit. RCI requires we also pay a $2500 “Mandatory all inclusive” fee for the El Dorado. So that’s the cost of our RCI membership, plus a $399 fee, plus a $2500 all-inclusive fee. Curious, we logged into El Dorado’s home page and found we could sign up for the exact same vacation, not using RCI, for a total cost of $2200, also all-inclusive. So the all-inclusive fee alone is more than the actual cost of staying at the El Dorado Suites, without having ever met an RCI salesperson.
 

 
I have been with RCI approx 12yrs. My previous issues have been the fact that they charge for unused points… Live and learn. My complaint is that I had to cancel a reservation. It’s unfortunate but situations do arise and plans have to get changed. I cancelled 5-days prior to my check-in date. RCI WILL NEITHER REFUND NOR CREDIT my charge of $99.00! They say they have a 24-hour ‘grace period’. I feel this is a major RIP-OFF to consumers and extremely bad business practice. I have contacted them by email, customer service and ‘blabbering’ supervisor. I was told “they have to keep the lights on” in order to provide their service. Well, RCI, my lights need to be on as well!! BUYER BEWARE.

You get the idea.  One can spend a weekend reading these, it does make more interesting reading than outright financial fraud, but eventually it will make you want to vomit.  You can’t call this a business model – you have to call it ‘fraud’ or ‘scam’ because it’s like that.  If normal companies operated like this, they’d be shut down.  Imagine walking into Wal Mart and instead of their ‘no questions asked’ return policy they argued with you and told you there was a ‘grace period’ or some such nonsense, there would be riots, boycotts – Wal Mart would be no more.  90% of business operates like that.  The only exception is software sales because practically, once you ‘download’ the software you can copy it and there’s no way to prove that you didn’t.  Other than that – and some other rare exceptions, you can’t lock people in a room for 8 hours without their permission.  Readers – this is a time-bomb waiting to explode!  How can we profit from it?  Short the stocks; (HGV) (WYN) (VAC) et al   
If you own a timeshare and want out, there are only a few lawfirms who are actually law firms who can do this for you, like this one Fortis Law Group PLC.  There are also hundreds of scam companies claiming to be ‘timeshare resale experts’ who even have ‘licenses’ to do this – but beware – this is a scam too!  This industry is filled with fraud from one end of the business cycle to the other.  It can only be explained by George Carlin, with this clip:

We know what we have to do.  Let’s get working!
For a detailed breakdown of how the financial system works (in reality – not how it is supposed to work) – checkout Splitting Pennies Understanding Forex.
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Source: Zerohedge – Timeshare Fraud – the hot new securities fraud

'Tolerant'? Cali Democratic Chair Urges Crowd "All Together Now, F**k Donald Trump"

Once again the left exposes itself as the "do as we say, not as we do" party of tolerance, non-violent protest, and free speech…
As Gateway Pundit's Cristina Laila reports, the classless Democrats gathered in Sacramento for a state convention on Saturday. They had some harsh words for the President as they chanted, ‘F*** Donald Trump!’.

AP reports:
California’s elected Democrats had tough words for President Donald Trump and the GOP Congress on Saturday, urging their party’s fired-up activists to work against the 14 Republicans in the state’s congressional delegation.
 
The party’s leaders blasted Trump’s alleged ties to Russia and presented California as the epicenter of liberal resistance to the president.
 
“The world, literally the world, is counting on all of you, counting on California to reject Trump’s deception and destructiveness,” said Lt. Gov. Gavin Newsom, who is among a crowded field of Democrats running for governor next year.
 
U.S. Sen. Kamala Harris, often mentioned as a potential candidate for president in 2020, accused Trump of putting “Russia first, America second.”
 
In a sign of the vigor of the party’s distaste for the president, outgoing party Chair John Burton, a longtime Democratic lawmaker and powerbroker known for his blunt and profane manner, extended two middle fingers in the air as the crowd cheered and joined him.
 
“F— Donald Trump,” he said.

Outgoing Dem chair John Burton: “all together now: fuck Donald Trump.” While crowd holds up two middle fingers. pic.twitter.com/mDvgkhY7uY
— Jonathan J. Cooper (@jjcooper) May 20, 2017

Video of crowd with middle fingers in the air after outgoing CA Dem Chair, John Burton screamed, ‘F*ck Donald Trump!’…
Outgoing @ca_dem chair @Johnburton gets standing O w final words to his party, finger upraised: "F@ck Donald Trump!" pic.twitter.com/VIqNQlhDJc
— Carla Marinucci (@cmarinucci) May 20, 2017
Video of Ca Dem Chair, John Burton telling protesters to ‘shut the f*** up!’
Outgoing CA Dem Chairman John Burton gives fingered salute to #President @realDonaldTrump at CA Dem Convention #CADem17 pic.twitter.com/7FuEpp0zee
— Jay L. Clendenin (@jaylclendenin) May 20, 2017
This is the Democrat party, folks…what a bunch of classless lowlifes…
'Shut the fuck up and go outside,' #CADem17 chair John Burton tells protesters b4 @TomPerez speaks pic.twitter.com/aKwhXl9n1u
— David Siders (@davidsiders) May 20, 2017
More F-bombs from John Burton…(language warning)
#Democrats openly encourage disrupting town halls but if you try and disrupt #CADem17 "you are a fucking shit disturber.." #StayClassy pic.twitter.com/ndmzxEIh1R
— Rosie Unmasked (@almostjingo) May 21, 2017

Source: Zerohedge – 'Tolerant'? Cali Democratic Chair Urges Crowd "All Together Now, F**k Donald Trump"

It Takes A Bullshitter To Know A Bullshitter

Authored by Duane Norman via Free Market Shooter blog,
 
On Wednesday, PEOPLE Magazine released a preview of an upcoming issue, titled “The Obamas; Their Lives Now”, which includes commentary on Obama’s “relationship” with President Trump:
“He’s nothing but a bullsh–ter.”

Tell us how you really feel, Obama, because after your oval office meeting with Trump, we never would have guessed that you two hated each other.

But isn’t this a major case of hypocrisy on Obama’s part, with a track record of lies and “bullshit” miles long?
So let’s take a minute and recap all of the bullshit former President Obama told the American public during his tenure.  It’s the only fitting rebuttal, isn’t it?
But first, let’s start with the biggest hunk of bullshit out there – the fact that Barack and Michelle, after eight years as President and First Lady, actually did a photo shoot and cover spread for PEOPLE magazine.  It isn’t difficult to believe they did it, but seeing it is another thing altogether:

After eight years, George W. Bush remained completely quiet through the entire Obama presidency; in fact, he spent a great deal of his time painting, of all things.  Bill Clinton racked up millions of dollars of speaking fees and got his wife a Senate seat, but never criticized or mentioned Bush at all during his term.
Meanwhile, it appears Obama misses being the celebrity-in-chief, as this magazine spread indicates, but how about PEOPLE’s claim and citation of David Axelrod in regards to the unspoken rule that ex-Presidents don’t criticize the current commander in chief?
But the former president has been meticulous since the election about not publicly violating that unwritten code of conduct among ex-presidents that bars criticizing whoever’s currently in the Oval Office.
 
“He’s very respectful of the appropriate role of a former president and that ex-presidents should not be looking over the shoulder of their successors and commenting on every decision,” says Obama’s long-time friend and political strategist David Axelrod, now director of the University of Chicago’s Institute of Politics, noting how George W. Bush refrained from criticizing Obama.

In what world is Axelrod (and conversely PEOPLE magazine, for publishing his commentary) living in, in which Obama has not criticized President Trump?  Less than ten days after Trump took office, Obama did just that:
Through his spokesman, Mr. Obama said he was “heartened” by all of the anti-Trump protests that have erupted throughout the nation.

If you think Barack was the only Obama who criticized Trump, you’d be wrong as well:
Michelle Obama on Friday criticized a Trump administration decision to delay federal rules aimed at making school lunch healthier, saying kids will end up “eating crap” instead.
 
“You have to stop and think, ‘Why don’t you want our kids to have good food at school? What is wrong with you and why is that a partisan issue?” Mrs. Obama said. “Why would that be political?”

So much for that “unwritten code” Axelrod said Obama was upholding.
Of course, it hardly tops Obama’s biggest bullshit quote(s) of all:
“That means that no matter how we reform health care, we will keep this promise to the American people: If you like your doctor, you will be able to keep your doctor, period. If you like your health-care plan, you’ll be able to keep your health-care plan, period. No one will take it away, no matter what.”
 
“And if you like your insurance plan, you will keep it.  No one will be able to take that away from you.  It hasn’t happened yet.  It won’t happen in the future.”

Even The Washington Post, of all places, was completely unable to defend Obama’s multiple quoted assurances; as The Daily Caller indicated on Jan 1, 2014, when the law took effect, 4.7 million Americans lost their health insurance because of Obamacare, with reports of far more cancellations at later dates.
Of course, as Free Market Shooter previously covered, Obama’s bullshit initially blamed insurers, not his healthcare monstrosity, for the cancellations:
“One of the things health reform was designed to do was to help not only the uninsured but also the underinsured. And there are a number of Americans, fewer than 5 percent of Americans, who’ve got cut-rate plans that don’t offer real financial protection in the event of a serious illness or an accident.
 
Remember, before the Affordable Care Act, these bad apple insurers had free rein every single year to limit the care that you received or used minor pre-existing conditions to jack up your premiums or bill you into bankruptcy. So a lot of people thought they were buying coverage, and it turned out not to be so good.”

As one of the lucky ones who managed to purchase coverage after the law was signed but before the exchanges took effect, I can unequivocally state that my policy would be at least double were I to repurchase similar coverage in the exchange today… and could be as high as triple.  How many of those cancelled policies faced monster health insurance hikes?  Was Obama’s greatest bullshit claim, the blame that he assigned to “bad apple” insurers before he was forced to backtrack?
How about another Obama quote, regarding “scandal” in his administration?
“We have not had a major scandal in my administration.”

As The Blaze pointed out, Obama’s administration could be just as easily defined by the word “scandal” as it is by the word “bullshit”:
Obama sidestepped the comprehensive list of scandals that plagued his tenure as president. These scandals include but are not limited to: the Operation Fast and Furious gun walking scandal, the IRS scandal involving IRS workers intentionally targeting Tea Party organizations, and his own Secretary of State Hillary Clinton using a private email server.

The Blaze also pointed out another fiction of Obama’s, which again reference the same Washington Post that goes out of its way to defend him:
“The day after Benghazi happened, I acknowledged that this was an act of terrorism”
 
Obama did refer to an “act of terror” in the immediate aftermath of the 2012 Benghazi attacks, but in vague terms, wrapped in a patriotic fervor. He never affirmatively stated that the American ambassador died because of an “act of terror.” Then, over a period of two weeks, given three opportunities in interviews to affirmatively agree that the Benghazi attack was a terrorist attack, the president obfuscated or ducked the question. So this was a case of taking revisionist history too far for political reasons.

When it comes to Obama’s Presidency, and the comparison to bullshit, nobody summed it up better than Constitution.com:
The two constants of the Obama era has been the president’s willingness to lie to the American people, and the media’s willingness to allow the president’s lies to slide by uncondemned. The Obama years have been nothing more than a series of thinly veiled (and sometimes blatantly naked) lies, uttered to placate the citizens of the United States while the federal government ballooned beyond meaningful control. Barack Obama’s legacy is one of unadulterated hubris, his efforts all focused on rending power from the people and handing it to bureaucrats, and America is fortunate to have survived this historically catastrophic presidency.

Just take Obama’s (and PEOPLE Magazine’s) word for it though:
“He’s nothing but a bullsh–ter.”

But first ask yourself; is Obama referring to Trump, or just describing himself?

Source: Zerohedge – It Takes A Bullshitter To Know A Bullshitter

North Korea's Kim Approves New Ballistic Missile "Deployment For Combat"

Just hours after today’s second consecutive successful launch of a North Korean ballistic missile in one week, North Korean leader Kim Jong-un approved “the deployment of the new intermediate-range ballistic missile for combat use” as the country succeeded in test-firing it, Pyongyang’s state media said Monday, cited by Yonhap. KCNA also redundantly added that Kim personally observed the launch of the new ground-to-ground Pukguksong-2 missile, and approved the deployment of the Pukguksong-2 for action, calling it a “successful strategic weapon,” the KCNA said… as if there may have been something more important for Kim to do during that time.
“This type of missile should be rapidly mass-produced in a serial way” to arm the strategic force of the Korean People’s Army, Kim was quoted as saying by the report. He set forth the strategic tasks for bolstering the country’s nuclear force, it added.

Test-launch of the new Pukguksong-2 intermediate-range ballistic missile: Rodong Sinmun
According to South Korean military, quoted by various media outlets, the missile is the same type that was launched Feb. 12. It was developed with the technology applied in submarine-launched ballistic missiles (SLBMs). Today’s test marked North Korea’s second missile launch since South Korean President Moon Jae-in took office May 10. According to Yonhap, North Korea’s continued missile launches are likely to test Moon, who earlier vowed to seek a dual approach to the North’s denuclearization and inter-Korean dialogue. On Friday, North Korea condemned Moon’s policy, saying dialogue can never be compatible with confrontation.
The latest provocations out of Pyongyang came despite the U.S. top diplomat’s latest assurance that the U.S. has no intention to seek a regime change in North Korea. Shrugging off what appears to be Washington’s conciliatory gesture, North Korea said Saturday that it will develop and produce more powerful weapons, which may prove a self-destructive gamble now that not one but two US aircraft carrier are set to anchor off the Korean coast.

Source: Zerohedge – North Korea's Kim Approves New Ballistic Missile "Deployment For Combat"

TFH 5/21 | Foreclosure Workshop #33: Nationstar Mortgage LLC v. Akepa Properties LLC — When Is a Foreclosing Plaintiff’s Lack of Standing Jurisdictional, resulting in Dismissal?

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL) ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET . . Sunday –  May 21 TFH 5/21 | Foreclosure Workshop #33: Nationstar Mortgage LLC v. Akepa Properties LLC […]

Source: Stopforeclosurefraud – TFH 5/21 | Foreclosure Workshop #33: Nationstar Mortgage LLC v. Akepa Properties LLC — When Is a Foreclosing Plaintiff’s Lack of Standing Jurisdictional, resulting in Dismissal?

Texan Noble Energy & Israel are Stealing Gas Reserves in Gaza

It can be said by now that the primordial intention why Palestinian lands must be usurped by the Rothschild agents in the Middle East is to plunder the natural resources hidden beneath the Levant Basin. The Levant has throughout history meant Syria, Lebanon and Palestine.  The discovery is the largest discovery in the history of … Continue reading Texan Noble Energy & Israel are Stealing Gas Reserves in Gaza →

Source: Geopolitics – Texan Noble Energy & Israel are Stealing Gas Reserves in Gaza

Deep State “Dirty Hands” on Venezuela Exposed, Russia Intervenes with Food Aid

The Western Deep State wants to introduce “democracy” in Venezuela through political sanctions, financial system hacking, and religious war due to the country’s refusal to surrender control of its vast energy resources to the Wall Street bankers. These multi-pronged Deep State attacks on Venezuela has been very persistent in the last decade. As always, the … Continue reading Deep State “Dirty Hands” on Venezuela Exposed, Russia Intervenes with Food Aid →

Source: Geopolitics – Deep State “Dirty Hands” on Venezuela Exposed, Russia Intervenes with Food Aid

Uninvited US-led Coalition Attacked Syrian Positions As A Red Carpet to Trump

In what could be another war crime committed by the uninvited US and UK forces in Syria, a convoy of Syrian tanks was fired upon while performing its anti-terror duties, causing ”a number of deaths and some material loses.” Syria and its ally Russia have condemned air strikes by the US-led coalition on pro-Syrian government … Continue reading Uninvited US-led Coalition Attacked Syrian Positions As A Red Carpet to Trump →

Source: Geopolitics – Uninvited US-led Coalition Attacked Syrian Positions As A Red Carpet to Trump

Abu Trump al-Amriki

Embattled at home in a do-or-die war (or “witch hunt”) against powerful factions of the deep state, President Trump, in the first stop of his first foreign trip, lands with pomp and circumstance in the ultimate totalitarian theocracy. By Pepe Escobar Trump will be lavishly entertained by a parasite monarchy that for decades exports the ideological matrix … Continue reading Abu Trump al-Amriki →

Source: Geopolitics – Abu Trump al-Amriki