The International Monetary System is a Ponzi Economy, and so unstable that each major event from real people at the grassroots or Main Street level has instant effects within the TBTF banking institutions.
For almost a week now, the People in Hong Kong have disobeyed orders from Hong Kong officials to Disperse, and at times the Hong Kong banks’ operations have been disrupted, as riot Police advanced on Hong Kong democracy protesters firing volleys of tear gas after launching a baton-charge… halted traffic.
Thus, I woke up with a simple question:
Are the money masters worried about Hong Kong?
Below is a tiny sample of what I found. ~Ron
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Monday, 29 Sep 2014, Wall Street Journal wrote:
By Early Monday, 17 Banks Had Closed 29 Branches, Offices or Cash Machines
Hong Kong banks shut branches, suspended some services and activated … hit Monday by worries that the disruption in Hong Kong would take a toll on the … In London trading, HSBC Holdings PLC fell 1.8% and Standard …
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Mining stocks slump in London on China worries
By Carla Mozee Published: Sept 29, 2014
Mining and some banking stocks drop in London on Monday, keying off … Pro- democracy protesters demonstrate in Hong Kong on Sunday. -LONDON (MarketWatch)
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Good News
Hong Kong govt says riot police ‘withdraw’
Hong Kong protest spreads to new site… Traffic had ground to a halt on busy Connaught Road, with police forced to retreat as the protesters…
Thousands of protesters have taken control of at least three major thoroughfares, paralysing parts of the city after hours of overnight battles with police firing tear gas.
Throughout Monday morning the police presence has been noticeably more subdued with riot police replaced by smaller numbers of officers in everyday uniforms.At one protest site in the busy Causeway Bay shopping district there was no visible police presence.
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“Hong Kong Protest Hit Wall Street Dow Down -238 Points”
Hong Kong protest have put all world markets into a panic and Wall Street may have the most to lose
1 October 2014 Last updated at 09:21 ET
Hong Kong stages huge National Day democracy protestsThousands have joined pro-democracy protests which have spread in Hong Kong on China’s 65th National Day.
The protesters want China to withdraw plans to vet candidates for the next Hong Kong leadership election in 2017.Hong Kong leader CY Leung was heckled as he addressed a flag-raising ceremony, where he urged them to back electoral reforms set out by Beijing.
A student protest leader has said they will occupy government buildings if Mr Leung does not resign by Thursday.
Lester Shum, of the Hong Kong Federation of Students, told reporters there was “no room for dialogue” with Hong Kong’s chief executive after he ordered police to fire tear gas at demonstrators at the weekend.
Mr Shum said student leaders would welcome an opportunity to speak with a Chinese central government official, but not with Mr Leung. –BBC NEWS CHINA
Note: See comment section
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“Disperse Or We Fire”- Hong Kong Police Fire Tear Gas At Protesting Students
http://www.rte.ie/news/2014/0928/648509-hong-kong-police-barricade-streets/
Hong Kong returned to Chinese rule in 1997 under a formula known as “one country, two systems” that guaranteed a high degree of autonomy and freedoms not enjoyed in mainland China. Universal suffrage was set as an eventual goal.
But Beijing last month rejected demands for people to freely choose the city’s next leader, prompting threats from activists to shut down Central.
China wants to limit elections to a handful of candidates loyal to Beijing.
While promising a fresh round of public consultation, Leung also described Beijing’s decision as “legally binding”.
Publishing tycoon Jimmy Lai, a key backer of the democratic movement, said he wanted as big a crowd of protesters as possible, after a week of student demonstrations, to thwart any crackdown.
“The more Hong Kong citizens come, the more unlikely the police can clear up the place,” said Lai, also wearing a plastic cape and workmen’s protective glasses. “I believe more Hong Kong citizens will show up later on Sunday.”
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Posted 02 Oct 2014
Thousands more people have been joining pro-democracy protesters in Hong Kong, ahead of what organisers hope will be the largest day of protests so far. They have taken to the streets of Hong Kong in defiance of tear gas and government warnings.
According to authorities, number of protesters
– on the 1st day: ~60,000 (in Tamar, Admiralty, CUHK)
– on the 2st day: ~100,000 (in Tamar, Admiralty, Central, Wan Chai, Causeway Bay, Mong Kok, universities)
– on the 3rd day: ~200,000 (in Tamar, Admiralty, Central, Wan Chai, Causeway Bay, Mong Kok, Tsim Sha Tsui, Sheung Shui, universities)
– on the 4th day: no.s not released (in Tamar, Admiralty, Central, Wan Chai, Causeway Bay, Mong Kok, Tsim Sha Tsui, Sheung Shui, Prince Edward, Chief Executive’s Office, universities)
根據媒體報導，示威人數及地點如下：
– 第一天：~ 60,000 人
– 第二天：~ 100,000 人
– 第三天：~ 200,000 人
– 第四天：尚未公佈
~REASONS BEHIND THE PROTEST~
Hong Kong has not seen a protest on this scale for years.
Those out on the streets have been angered by the Chinese government’s ruling limiting who could stand as a candidate in elections for Hong Kong’s leader, due in 2017.
During the protest, the first few tear gas canisters were fired by armed riot police “anti-surrounded” at around 6pm on 28 September 2014, by the end of the day, the police force said they had fired 87 cans of tear gas. The tear gas triggered even more anger and more citizens joining.
At the heart of this is a civil disobedience movement launched by democracy activists Occupy Central. When China made its ruling, Occupy Central promised demonstrations.
Then students in Hong Kong began a separate class boycott in late September and when they broke into the main government compound on Friday, Occupy kicked off its campaign early.
VIDEO CREDIT 鳴謝: BBC, CNN, Apple Daily 蘋果日報, SocREC 社會記錄頻道, USP United Social Press 社媒
*To ensure better quality and to speed up the pace, parts of the video are sped up.
為加快影片進度，部分片段會以 2 倍速度播放
#UnbrellaRevolution #hkclassboycott #OccupyCentral #UmbrellaMovement
“I never thought the police would tear gas Students!”
[…]
Despite more than four days of continuous occupation by tens of thousands, you could just about eat your chow mein off the tarmac: volunteer rubbish collectors with black sacks patrolled constantly.
A group of men got on their hands and knees to clean chalk graffiti off the road. Ladders were set in place to allow people to clamber over the central reservation; more volunteers handed us up and over. Students with atomisers sprayed hot heads with water.
“Somebody from the BBC asked if there had been any looting,” said one protester. “Looting! What’s happening is the opposite of looting! They are giving stuff away!”
This is ostensibly a protest about political bullying and betrayal. But when the police tried to close it down by dousing protesters in tear gas it became something else, less clearly focused but more passionate: a roar of indignation from a population who feel that their special identity, fashioned in direct contrast to the mainland’s and including very un-mainland qualities like cleanliness and consideration, was being taken away.
“When they use tear gas in the US,” said one Hongkonger who lived in America for many years, “it’s because they know people in the crowd are armed or there is looting going on. Here the police had no excuse.”
“The Sunday protest was completely peaceful and gentle, like the one today,” said another, a resident of 11 years originally from Malaysia.
“But police blocked more people from joining it then sprayed them with pepper gas and tear gas. And when people saw that, they said, this is really turning into China, this is very heavy-handed in a mainland way.
“Political pressure is present here all the time as a simmering issue in the background, but when the police used tear gas it was like – damn it!”
Tens of thousands more, most of student age, poured into the streets and have been there ever since.
Since the first, impromptu, demonstrations last Friday the protests have steadily built in size. Now they have swallowed the whole harbourside drag from the Bank of China headquarters and Norman Foster’s HSBC building along to the government, police and army headquarters, including the seat of the Legislative Council and the office of chief executive, Leung Chun-ying, and on past Reunification Monument and Golden Bauhinia Square, scene of official pantomime marking the Chinese Communist Party’s first 65 years.
This thoroughfare is usually choked with traffic; today it was car-free and protesters walked along its length, enjoying air quality that was measurably better than usual.
But in the latest proof that the movement, fuelled by social networks, has completely outpaced and outgrown the Occupy movement that provided its initial impetus, new occupations blossomed on the far side of Hong Kong harbour, in the bustling shopping districts of Tsim Sha Tsui and Mong Kok.
As darkness fell in Mong Kok, the streets beneath the glitzy banking towers were carpeted by young protesters, at least 20,000 of them, sitting in quiet rows on striped plastic sheeting as people from the crowd stood up and gave two-minute speeches.
“My mother and head teacher told me not to come,” said one woman, “but I had to because I love Hong Kong.” That theme – of pressure from the prudent older generation to stay at home – was repeated more than once. “I never thought the police would tear gas students!” a man in his thirties shouted indignantly down the microphone. “Hong Kong people are great!” The crowd took up the cheer.
Mong Kok showed the same features as the other nodes of protest: detailed, painstaking, thoughtful preparation and organisation, within what appeared to be a strategic vacuum – and within a strange vacuum of policing, as well. No police officers were visible at all in Mong Kok. Over on the island a few stood in shirt sleeves and apparently unarmed outside police and government headquarters, but otherwise there were none to be seen anywhere. In one sense the task – ending this vast, wholly illegal protest – was far beyond their capabilities. In another sense, it was all so civil and orderly that no policing was required.
But where do the protests go from here?
When it laid its plans for 1 October, the Occupy movement knew what it was trying to do: to bring the financial life of the city to a temporary halt by flooding the central business district with protesters, thus putting pressure on the chief executive to listen to the people and stand up to Beijing’s bullying.
This plan, drawn up by the middle-aged professors who head the movement, was in any event a flawed one: 1 October is a bank holiday so the protests would have been ineffectual. The mass impromptu protests earlier this week, falling on ordinary business days, have forced a few bank branches to close, but otherwise have done negligible damage to business activity, and relatively little damage to the stock market.
The damage that has been done is to the prestige of Mr Leung, and to the authority of Beijing. Protesters in Hong Kong have a track record of success, having forced the withdrawal of odious, mainland-inspired reforms in 2003 and 2012.
But the new deal on elections for the next CEO, widening the suffrage but limiting the candidates to three hand-picked in Beijing, comes not from Hong Kong’s government but straight from His Master’s Voice, the Master being President Xi Jinping, widely described as the toughest leader China has had since Mao himself.
Nobody can imagine Mr Xi backing down in the face of the Hongkongers’ rage: the message such “weakness” would send to other recalcitrant outposts of empire, from Taiwan to Tibet to Guangdong to Xinjiang, would unfailingly damage his prestige. But like other protests that social media have generated in recent years, from Athens to Cairo to Ferguson, Missouri, these events are easily brought into being, but tend to be inchoate and extremely difficult to control – however polite the participants.
Back in 1989, Tiananmen Square was also a very well-mannered affair, and it went on for more than six weeks, with minimal policing – until suddenly it was brought to a very ugly end.
That couldn’t possibly happen here, Hongkongers were telling each other, more in hope than confidence.
Source: http://www.independent.co.uk/news/world/asia/hong-kong-protests-the-politest-demonstration-ever–but-where-do-they-go-from-here-9768122.html
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HONG KONG PROTEST – WHAT WILL HAPPEN?
Published on Oct 1, 2014
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Pro-democracy protesters have warned of further action… if Hong Kong′s chief executive does not step down by Thursday evening
Posted 02 Oct 2014
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Interview 948 – New World Next Week with James Evan Pilato
[embed]http://www.corbettreport.com/mp3/2014-10-01%20James%20Evan%20Pilato.mp3[/embed]
Podcast: Play in new window | Download | Embed
[embed]https://www.youtube.com/watch?v=ft_DGm26sQg[/embed]
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