The Spy that Never Was

June 20, 2011

A friend sent me a link to the story of Glenn Shriver, an American sent to jail for four years after he pleaded guilty for being paid $70,000 by China to attempt to get a job with the CIA or another intelligence agency in the US.

The Huffington Post said, “Court documents said Shriver was approached by Chinese officers while living in Shanghai in 2004 after earlier study trips to China.”

Shriver didn’t get the job since the CIA caught him before he was hired by the agency.

In fact, the Daily Herald reported that Shriver isn’t alone and “was one of at least 57 defendants in federal cases prosecuted since 2008 involving espionage conspiracies with China or efforts to pass secret information, sensitive defense technology or trade secrets to various players within the nation — be them intelligence operatives, state-sponsored research institutes or private-sector businessmen, according to an Associated Press review of U.S. Justice Department cases.”

It’s a fact that China spies on the US. That cannot be denied. Heck, there are cases where England and Israel have spied on the US too.

However, before you start ranting about China being sneaky and underhanded, you may be interested that spying is a two way street between nations and the US plays the same serious game.

In February 2003, the BBC News World Edition reported, “The US Central Intelligence Agency has launched a campaign to attract Chinese-American recruits with an advert welcoming the Year of the Goat.” The CIA advertised in newspapers and magazine in American cities with big Chinese communities.

What’s ironic, is Glenn Shriver never became a spy. He only appeared to have had the intent to spy. Since Shriver was paid $70,000 over a period of several years and still failed to get a job, who are the fools here?

How much does the CIA spend for its operations?

The overall US intelligence budget has been considered classified until recently when Mary Margaret Graham, a former CIA official and deputy director of national intelligence for collection in 2005, said the annual intelligence budget was $44 billion. Source: Wikipedia.org

However, that may not be all the money the CIA spends on spying.

According to Source Watch.org, “The CIA black budget is annually in the vicinity of 1.1 trillion dollars and the covert world of ‘black programs’ acts with virtual impunity, overseen and regulated by itself, funding itself through secret slush funds, and is free of the limitations that come from Congressional oversight, proper auditing procedures and public scrutiny.”

Don’t have any secrets to sell. Don’t worry. Glenn Shriver was paid $70,000 by China and had nothing to sell and if Source Watch is correct, the CIA has a lot of money to throw around but watch out. You may find yourself in prison for just wanting to be a spy for the other side.

Discover more about Serious Spy Games

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

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Posted by Lloyd Lofthouse

Bobbleheads Still Predicting Bursting Bubbles in China

June 17, 2011

It wasn’t that long ago (May 17) that I wrote about a Chicken Little-Henny Penny predicting a real estate bubble bursting in China and wrecking its economy as it did in the US in 2008.

Then a friend recently sent me another link to another “sky is falling” piece.  This time, the “want-to-happen” bad news came from Jeff Cox, a staff writer for CNBC.

Cox wrote, “China’s economy is showing real signs of weakening, particularly in real estate, and even could tip into a recession, hedge fund manager Jim Chanos told CNBC.”

I’m surprised that Cox looked under a Hedge Fund rock to find a quote predicting a bad economic future for China.

Basically, Hedge Fund managers do two things: they use small amounts of money, or leverage, to promise large amounts of stocks or commodities. Secondly, they all say they will deliver this stock or commodity at a particular point in time. In that sense, hedge fund managers are trying to time the market, which some would say is very difficult if not impossible to do unless they manage to manipulate the market in some way or have a crystal ball.

Using other sources, we discover a few facts that tell us Cox should have left that quote under the Hedge Fund rock where he found it and called someone else.


Discover how many Chinese buy real estate.

First on May 5, Jason Simpkins writing for Seeking
Alpha says,  “Yes there are probably pockets of bubbles in China and in the real estate market, but against that backdrop you have 500 million people expected to move into Chinese cities by 2020. That means the number of people expected to move into cities is almost double the population of the United States,” said Money Morning Chief Investment Strategest Keith Fitz-Gerald. “So in the context of China’s explosive growth, what we’re looking at are some moderate setbacks over an extended period of high growth.”

Second, on May 9, James Kostohryz writing for Minyanville says, “China’s Housing Bubble: Mainly Hot Air… Studies by the World Bank, The Economist Intelligence Unit, and UBS have noted that average home prices in China as a whole have risen by roughly 6%-7% per annum in the past decade.

Third, China’s real estate investment accounts for roughly 11% of its GDP, and from Chris Oliver writing for Marketwatch on May 18, we discovered that “New home prices rose across leading Chinese cities in April, even as many key cities saw the pace of appreciation and sales volume cool, according to official data Wednesday.… Of 70 cities tracked in the survey, 56 reported gains in new home prices.”

“So, I think that it should be clear by now, that there is no generalized price or quantity bubble in the Chinese residential real estate market,” Kostohryz wrote, “Home prices have actually been getting substantially more affordable in China in the past decade relative to income levels.”

To learn more, I recommend reading what Simpkins, Kostohyrz and Oliver wrote on this topic. The links have been provided.

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

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Posted by Lloyd Lofthouse

Beware of Biased Rumors Masquerading as Truth

June 16, 2011

A Music Blog Post written by Caryn Ganz (posted May 13, 2011) reveals how often the Western media plays into the hand of rumors and misinformation. Bias has much to do with that as you may discover.

A 2010 Pew Global Attitudes Project revealed that unfavorable views of China in the West are legion.  The question Pew asked was, “Please tell me if you have a very favorable, somewhat favorable, somewhat unfavorable or very unfavorable opinion of China.”

The response—sixty-one percent (50 million) of those that responded in Germany had an unfavorable opinion of China; France 59% (39 million); Turkey 61% (45 million); Spain 38% (17.5 million); United States 36% (112 million), and Britain 35% (22 million).  More than 285 million minds and mouths may have a negative opinion of China. To see the entire list (for other countries), click the link for the Pew Project.


Mao died in 1976 and the Communist Party guided by Deng Xiaoping repudiated Revolutionary Maoism. When anyone mentions Mao, they are talking of history—not today.

Just to make clear what an “opinion” means, here are a few definitions: judgment or belief not founded on certainty or proof; the prevailing or popular feeling or view (public opinion); an opinion formed by judging something

Just because people believe something that does not mean it is a fact.

With this in mind, consider that many of those people that have unfavorable opinions of China are publishers, editors and reporters working in the Western Media spreading rumors and misinformation in what they write and report.

For example the media rumor mill reported Bob Dylan was refused permission to perform in China.

In fact, Western newspapers and magazines made all kinds of incorrect claims that Bob Dylan played to half-empty audiences, and the Chinese government censored what he would play when he performed in China

Bob Dylan was not pleased. In fact, Bob Dylan wrote on his Website, “Allow me to clarify a couple of things about this so-called China controversy which has been going on for over a year. First of all, we were never denied permission to play in China….”

Dylan said, “According to Mojo magazine, the concerts were attended mostly by ex-pats and there were a lot of empty seats. Not true. If anybody wants to check with any of the concertgoers they will see that it was mostly Chinese young people that came.… Out of 13,000 seats we sold about 12,000 of them, and the rest of the tickets were given away to orphanages.”

“As far as censorship goes, the Chinese government had asked for the names of the songs that I would be playing…. If there were any songs, verses or lines censored, nobody ever told me about it and we played all the songs that we intended to play.”

If you are interested in everything Bob Dylan said, I suggest you visit his Website (the link above).

For those readers with open minds, if we are to learn anything from this,
“It is to take with a grain of salt everything you hear or read in the World about China.”  Most of it will be opinions written as fact based on bias, which shows us that Yellow Journalism  is alive and well in freedom land proving that in the West we have the freedom to lie and pretend it is the truth.

To discover the possible truth about other opinions of China, learn from What is the Truth about Tiananmen Square? and/or 2/28 Massacre in Taiwan

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

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Posted by Lloyd Lofthouse

Automation Nation

June 15, 2011

There are sound economic reasons why jobs are vanishing in the US.

Economically speaking, to remain competitive, manufacturing companies must reduce their overhead, and lower product cost to the consumer.

The problem with lost jobs in the US is the politics, which stirs up a storm of ignorance when the blame is put in the wrong place. Due to politics, when jobs in the US are farmed out to foreign workers, American workers scream bloody murder and blame China, India or Japan.

Then recently, I read a piece from the Daily Ticker “Made in America”: The Comeback that revealed (without meaning to) the real reason so many jobs have been lost and may never come back even if China, India and Japan vanished tomorrow.

The Daily Ticker said, “Since 1972, U.S. manufacturing output has risen nearly 2.5 times, according to Boston Consulting Group (BCG)…. However, U.S. manufacturing employment has fallen nearly 25% in the same period.”

If American manufacturing output has risen nearly 250% since the 1970s, and the population only increased by 50%, why has manufacturing employment fallen nearly 25%?

The answer is “automation”. If you want to learn more, watch the two embedded videos.

In addition, today 80% of the work force in the U.S. is employed in the service sector. This sector, like manufacturing, is threatened by not only cheap labor overseas but automation technology as well.

Even if the manufacturing sector were to increase in the United States, human labor would still be replaced by automation technology.

Soon, there will be only the wealthy and the machines that serve and pamper them. The rest of of us will be obsolete. What do you think will happen to the unemployed then?

Instead of getting angry at workers in other countries, shoot a machine. Then after cooling down, discover the reasons low and/or unskilled labor jobs have gone overseas or have been automated.

One of those reasons is the three kinds of illiteracy.

Low and/or unskilled jobs that do not require literacy are easy to move overseas where there are hundreds of millions living in severe poverty willing to work for much less than most workers in the US.

“The United States Department of Education estimates that functional illiteracy, incompetence in such basic functions as reading, writing, and mathematics, plagues 24 million Americans. Thirteen percent of American seventeen-year-olds are illiterate, according to a recent issue of Time; the estimate for minority youth is an astonishing forty percent.

Then there is cultural illiteracy — “To be culturally literate is to possess the basic information needed to thrive in the modern world.”

The third is moral illiteracy.  “In generations past, parents were more diligent in passing on their principles and values to their children and were assisted by churches and schools which emphasized religious and moral education. In recent years, in contrast, our society has become increasingly secular and the curriculum of the public schools has been denuded of almost all ethical content.” Source: Reformed.org

Discover The End of Cheap Labor from China

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

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Posted by Lloyd Lofthouse

Earning Honor by Going to the Moon

June 14, 2011

It looks as if China’s space program will fuel humanity’s next trip to the moon and beyond. The Middle Kingdom has everything needed to succeed. Why is this?

China is turning out more engineers from its universities than the United States is, and China has the technology and industry to support an active, growing space program.

China isn’t crippled by the deficit (debt) the US has.

China’s nine-man Politburo Standing Committee, the country’s top ruling body, are engineers instead of lawyers or businessmen like in America.

In the last few years, China has sent men into space and conducted space walks. There is a strong chance that in a few more years, there will be Chinese space stations orbiting the earth with footprints on the moon that were not made by Americans.

In fact, China plans to send a lunar probe with a rover to the moon in 2013. Source: The Next Big Future

My wife and I were in China in 2008 when one of the space walks took place, and it was big news filling TV screens and splashing headlines across newspapers. It was easy to sense the pride.

The excitement was equal to the time Americans walked on the moon decades ago. Now, America’s space program is limping along—almost a cripple.

To send supplies to the international space station, the world (except China) depends on Russia.

The honor China lost during the 19th and early 20th centuries to the bully tactics of aggressive Western powers and Japan during World War II is being reclaimed.

For more than two thousand years, China was a regional super power. They have achieved that status again.

Discover Mao’s War Against Illegal Drugs

This revised post first appeared on February 17, 2010 as Growing Great Honor in One Lunar Leap

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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.

To subscribe to “iLook China”, look for the “Subscribe” button at the top of the screen in the menu bar, click on it then follow directions.

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Posted by Lloyd Lofthouse

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