China's Princelings Gone Wild: Part 2 PIRACY in Western Philippines Sea (South China) Next?

Will the Princeling Gang of 9 Turn China Into A South China Sea Pirate?

How Long Can China's Standing Committee Use Nationalism To Distract The Chinese People From Serious Internal Economic Issues?

Southeast Asia in Crisis: Part 2
©  Millennium Media Entertainment, Inc. 

I have a background in research and Intel from my younger days.  You simply look for patterns or what doesn’t belong.  Pretty simple to be able to see what is coming or why something has occurred.  Just watch for patterns or what doesn't belong.

The last several months as I have been covering China and Southeast Asia, I have been pretty much right about what really has been and is going on.

 

Anyhow, I was on record months ago saying that the newly installed Party Standing Committee Members (Princelings) in China were not the reformists as hoped and pined about in the mainstream press.
  

 
For those who don’t know what this Committee does, it is simple.  Nothing moves in China, without there knowledge and consent.  Nothing is implemented that the Princelings didn’t conceive or approve of. 

 

They absolutely control anything their media does or says.  And, they closely control what news content the Chinese people hear from overseas.  This is one of the pillars of control over their people. 

And, their processors are not out to pasture or sitting on the beach in tropical Hainan. 

They still wield tremendous power and influence.  It is important to note that at the end of each day, this is how China is run. 

 

All versions of government departments or ministries report to these Princelings or Taishito. (In Chinese). 

 

I read  that an MIT Professor said no one should be too alarmed yet about China’s announcement about boarding ships in the South China Sea, beginning January 1, 2013.  The good professor says the new legislation “wasn’t passed down from Beijing, as far as I can tell.” 

 

Two things come to mind.  This would be expert isn’t one.  If he was, he would know that the new Chinese policy is straight from the Standing Committee of Princelings and endorsed by the previous Committee leaders.  There is absolutely no way on earth the Hainan provincial government made such a major move by themselves.  None.

 

Next, I read recently that some one in the US State department was wondering if the Chinese weren’t simply testing international reactions.  They are not.  Nor were they insincere about their bogus territorial claims (Maps) on Chinese Passports. 

 

Once the Chinese do these things, they can’t take them back.  No. There is no huffing or puffing about the new passports or boarding other countries’ ships, possibly arresting crews and impounding ships and cargo.

 

China has hit the point of no return on their claimed possession of the third largest sea on earth and where just over half of the world’s cargo passes through.  Backing down now would make the Chinese leadership appear as cowards or blowhards to their people.  

What will come next is their taxing shipping in the South China Sea, assuming their grand scheme is successful.  They need money.  It won't be.

The best indicator for knowing when they themselves see problems with their economy is when they ignite the fires of nationalism in the Chinese people, to distract them. 

 

China’s leaders did this last September when they enraged their people against Japan over World War II history and their claims to Japan’s Senkaku Islands. 

 

There were riots against Japanese companies and personnel in China.  Upside was that the Standing Committee distracted their people for a month.  However there was a down side. 

 

The Japanese companies have reduced their output in China due to record low sales, meaning thousands of Chinese workers have been laid off. Whoops.

 

Japan is China’s second largest trading partner, after the US.  At risk is $345 billion in annual turn over in China, by Japan companies.  A recent Reuters survey indicated that 37% of Japanese companies in China may relocate to Southeast Asia.  Japan’s investments in SE Asia are now nearly $ 2 Billion doubling last year’s. 

 

Also, SE Asia is the fourth largest importer of US exports in the world, not to mention some the region’s countries are US Allies of America’s.  I personally believe that the US is letting China hang itself, for now.  Don’t forget either that Obama is betting heavily on SE Asia for future trade.

 

That is cutting your nose off to spite your face.  And, if China had two noses, they would both be gone now.

 

China's Claims. Hainan is at the top.

That is why they moved on to even more aggressiveness in the South China Sea. 

 

They needed to rile their people up again.  But, boarding other nations’ ships in international waters, over a preposterous claim, sounds like an act of piracy.

Why is that any different then what the Somali pirates have been doing?

I am weary of the mainline press’ ongoing consultation about China woven into their content, which says we have to understand the Princelings and let these reformists have enough room to be effective.  Just at what?  Makes me wonder just how tied Time Warner and Bloomberg are to China?

 

Neither has been critical of China. Bloomberg gushed for paragraphs about how the new Chinese carrier was named, as it was a puppy and not a weapon.  Instead they pointed their yellow journalism guns at Philippines.  

Time has questioned if there were two dynasties vying for control of the Philippines, as if it was some Latin American banana republic. A fair election was held. No dynastic quarrel.

 

The previous President, whose term was over and many of her political appointments have been charged with graft and corruption. So have many other corrupt politicians and civil servants. That’s all there is to it.

Time Magazine published an article by some grad students at the University of California, Berkley which claimed the Filipino people where divided over America’s military protection. 

 

I doubt the grad students were ever in the Philippines and why would Time publish something that lame by some kids? 

Maybe some of them were relatives of Princelings.  I'm half serious about that. Regardless, it was very far from being remotely true.

 

One of the little know benefits of China’s Princelings are their relatives, many of whom have Ivy League educations.  Hire them and you are wired into major China deals, which can be lucrative, if you are an American financial institution.  

It was reported today that the Security Exchange Commission is investigating Deloitte Touche Tohmatsu CPA Ltd., Ernst & Young Hua Ming LLP, KPMG Huazhen and Pricewaterhouse Coopers Zhong Tian CPAs Limited for refusing to cooperate on accounting fraud by nine Chinese companies listed on New York exchanges.

 

These Big Four American Auditors say they don’t have to cooperate, since Chinese law doesn’t oblige them to.  Forgive me, but this isn’t about Chinese law.  These companies must comply with American Laws or be delisted. This is another example of misguided arrogance by the Chinese. 

They demand to be on the Wall Street Exchanges and unregulated, plus own the South China Sea, board ships at will, blackmail Japan and menace the smaller SE Asian nations. 

 

How far do they think all of this will get them?  China has damaged itself in Asia and the US, for some time. 

India announced today that it is sending a fleet to protect their interests in the South China Sea.  The Philippines believes that just about anything to do with China and the South China Sea is illegal and Japan was been softly saying it may have to beef up its defense force.

America has stepped up its military presence.  None of this good.

One of Two US Fleets Operating in Asia

US Marine Harriers

Conventional Wisdom tell us that abused children grow into abusive adults.  I don’t think that anyone could argue that the Chinese have been until recently, the most abused people in contemporary history.  

They were abused terribly by the Europeans and their own warlords for over 100 years, then beyond belief by the Japanese during World War Two.

 

They had it very rough under Mao & Company, until about 30 years ago when they go a punk ticket to the world’s economy, which they have abused over and over.  But, their latest shenanigans are too much and very dangerous.

The world is running out of patience with unfair business practices and intellectual property theft, as well.  Maybe this is why China was not invited to participate in the International Space Station, with the rest of the world community?

 

They have created levels of economic elites, who are a minority of population.  These people are increasingly outraged at being left out and the wholesale government corruption existing in their country. 

 

Unless you are born right, you won’t be on the Standing Committee, own Mercedes or go to Harvard.  

There must be a shelf life for all the crises the Chinese government can contrive to distract the masses away from the glaring internal problems, China needs to address. 

 

Sooner or later, these Princelings will have to face the music of the common man and the world.

 

 

About Millennium Entertainment  

John Sheehan

President

President and Chief Executive Officer John Sheehan has over 30 years of Senior Television Management Experience, Consulting Television Station Group Heads, Network Executives, Syndication Presidents, Chief Financial Officers, General Managers, Sales Managers, News Directors and Creative Services Managers about almost every aspect of the Television Business.  

  

Sheehan was Chief News Consultant for Group W Television, later The CBS Owned and Operated Stations in 12 Major US Markets, from 1991 to 1999, responsible for News Content Development, Station Branding and Talent Development.

 

Besides News, Sheehan consulted several Nationally Syndicated TV Shows including: Win, Lose or Draw, with Burt Reynolds, A Current Affair, The Gail King Show, and Evening Magazine.

 

Sheehan started Millennium Media Entertainment as a News Program Syndication and Consulting Company in 1999, after being President of the Clemensen Sheehan Rovitto & Company since 1991. 

 

While with CSR, Sheehan worked closely with the CEOs and managements of Allbritton Communications, Anchor Media, CBS Owned and Operated Television Stations, Group W Television (Westinghouse), New World, 20th TELEVISION, Group W Productions, Granite Broadcasting, and CBS’s EYEMARK ENTERTAINMENT.

 

Sheehan was President and General Manager of Audience Research & Development, from 1988 to 1991.  As president, he directed a staff of nearly 60 highly skilled television professionals, providing broadcast research and consulting services to over 120 stations, broadcast and cable networks and syndication clients. 

 

Prior to that, he managed AR&D’s sales and marketing from 1985 to 1988, as Vice President of Client Development.  During his time with AR&D, Sheehan increased revenues by over 100%, quadrupling the company’s client base.

 

Before joining AR&D in 1985, Sheehan was Executive Vice President of SRI Research Center, now The Gallup Organization.  He started as Production Manager for SRI in 1978 and within two years, was named Executive Vice President, overseeing all market research and financial operations with a staff of more than 80 people. 

 

Prior to SRI, Sheehan served in the Peace Corps from 1974 to 1978 in the South Pacific.  He spent his first year in the region as Director of the Solomon Islands’ Information and Broadcasting Department overseeing a weekly newspaper and the national radio station.  He was responsible for each medium’s content, staff development and sales.

 

In 1974 he was assigned to Kingdom of Tonga as general manager of Tonga Feeds the country’s only source of livestock feed.  Sheehan managed all aspects of the company including accounting, inventory, pricing, importing/exporting products, new product development, a farm, government relations, staff development and negotiating foreign aid packages. 

 

When Sheehan left Tonga Feeds, nearly bankrupt when he arrived, the company was earning a 30% profit and influenced 25% of the Kingdom’s economy.  Sheehan was offered senior management positions by both the New Zealand and Kingdom of Tonga Governments.  He returned to the US in 1978.

 

Sheehan earned a BA in Journalism from Creighton University. 

 

Sheehan  spent many years in Asia and the Pacific. He is fluent in two languages, plus understands two others. MME Asia has a foot in both worlds, understanding the SE Asian (Particularly the Philippines) Cultures and also how things are done in the US.

 

Contact Information is below, as well as information about Millennium Media Entertainment.

 

Station Groups, Production,

and Programming Syndication Companies

Allbritton Communications

Anchor Media

ABC News

Belo

Buena Vista Television

CBS News

CBS Television Stations

Cox Communications

EYEMARK Entertainment

Gannett Television

GroupW Productions

Group W Television

Granite Broadcasting

Hearst Argyle Television

NBC Universal

New World Television

Storer Television

          20^th TELEVISION (FOX)

United/Cris-Craft Television

Television Stations

Waga  Atlanta

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Wbz     Boston

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Wjw     Cleveland

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Wdtn  Dayton

Whio   Dayton

Kdfw   Dallas

Kcnc    Denver

Kcci     Des Moines

Wdiv   Detroit

Wjbk   Detroit

Wtvx  Ft. Pierce

Wlbt  Jackson

Kctv   Kansas City

Wdaf  Kansas City

Kcbs    Los Angeles

Kcop   Los Angeles

Wfor  Miami

Wtvj   Miami

Witi    Milwaukee

Wcco  Minneapolis

Wsmv Nashville

Wcbs  New York

Wesh  Orlando

Week  Peoria

Kyw    Philadelphia

Kpho  Phoenix

Ksaz   Phoenix

Kdka  Pittsburgh

WTAE Pittsburgh

Katv  Portland, OR

Wgme Portland, MA

Wtvr  Richmond

Wset   Roanoke

Wrex  Rockford

Kovr  Sacramento

Kutv  Salt Lake City

Ksbw  Salinas

King  Seattle

Kmol San Antonio

(Woai)

Knsd  San Diego

Kpix   San Francisco

Wggb Springfield

Wtvt Tampa

Wtsp Tampa

 

Contact information is below.

John Sheehan
Millennium Media Entertainment
johntsheehanmme@gmail.com
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Skype: John.Sheehan67