Gene Edward Veith posted today about an interesting thing; evidently a Chicago hedge fund named "Citadel" has provided $110 million in loans to a Chinese company producing tools for surveillance--in other words, to prevent the Chinese (and other?) people from achieving a degree of freedom.
As Dr. Veith notes, it is shameful enough that American investors and companies have worked with Hitler, Stalin, and other dictators. Personally, I think it is even more shameful that it's a hedge fund.
Why? Well, only the rich and powerful can invest using hedge funds, and hence we must infer that at least some of the rich and powerful in our country--who should know better than most others the hazards of Chinese communo-fascism--investing to preserve that system.
I'm not a Bircher, but I must admit that this kind of thing doesn't exactly counter the idea that the rich and powerful of the world are conspiring to confine the rest of us to serfdom. Certainly some of them, through the Citadel hedge fund, are doing exactly this whether they intend to or not.
Showboat Lowell - Nancy and I at the Lowell Showboat on the Flat River. An article about the history of the Lowell Showboat. Photo above was on Monday September 8th
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