Anonymous ID: a53959 Feb. 16, 2018, 2:55 a.m. No.395586   🗄️.is 🔗kun   >>5594 >>5599 >>5611 >>5615 >>5661

.>>Why is everything 'really' made in China?

>>Cost savings?

 

Maybe everything is "made in China" because the lawmakers who made it possible are the ones directly profiting from China's business.

 

Right Senator Feinstein?

MADE IN CHINA has certainly benefited her and hubby Richard Blum:

 

In 1992, when Feinstein entered the Senate, Blum's interests in China amounted to one project worth less than $500,000, according to her financial disclosure reports. But since then, his financial activities in the country have increased.

In the last year, a Blum investment firm paid $23 million for a stake in a Chinese government-owned steel enterprise and acquired sizable interests in the leading producers of soybean milk and candy in China. Blum's firm, Newbridge Capital Ltd., received an important boost from a $10-million investment by the International Finance Corp., an arm of the World Bank. Experts said that IFC backing typically confers legitimacy and can help attract other investors.

Meanwhile, Feinstein's role on U.S. policy toward China has expanded. In January 1995, she became a member of the Senate Foreign Relations Committee, giving her a prominent platform for her efforts to support China's trade privileges. Since 1995, Feinstein has made three visits to confer with senior government officials in Beijing. Blum has accompanied her each time at his own expense and has attended many of her meetings with President Jiang Zemin and other top Chinese leaders–an unusual degree of access for a private businessman.

"There is no doubt in my mind that, if Dianne Feinstein had a pattern of taking positions on U.S.-China policy that Chinese officials disliked, Mr. Blum would have a great deal more difficulty doing business in China and probably would find it impossible to do."

 

http:// articles.latimes.com/1997-03-28/news/mn-43046_1_china-connections

 

Blum's wife, Senator Dianne Feinstein, has received scrutiny due to her husband's government contracts and extensive business dealings with China and her past votes on trade issues with the country. Blum has denied any wrongdoing. Critics have argued that business contracts with the US government awarded to a company (Perini) controlled by Blum may raise a potential conflict-of-interest issue with the voting and policy activities of his wife. URS Corp, which Blum had a substantial stake in, bought EG&G, a leading provider of technical services and management to the U.S. military, from The Carlyle Group in 2002; EG&G subsequently won a $600m defense contract.

In 2009 it was reported that Blum's wife introduced legislation to provide $25 billion in taxpayer money to the Federal Deposit Insurance Corp, a government agency that had recently awarded her husband's real estate firm, CB Richard Ellis, what the Washington Times called "a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms."

The United States Postal Service has entered into an exclusive contract with CB Richard Ellis to sell buildings that currently house post offices.

 

en.wikipedia.org/wiki/Richard_C._Blum

Anonymous ID: a53959 Feb. 16, 2018, 3:09 a.m. No.395611   🗄️.is 🔗kun   >>5740

>>395586

Dianne’s Net Worth = $79M in 2015 (3rd richest senator)

opensecrets.org/personal-finances/net-worth/Dianne-Feinstein?cid=N00007364&year=2015

 

Blum’s Net Worth = $1B

sanjoseinside.com/2015/07/16/sen-dianne-feinsteins-husband-richard-blum-grows-fortune-on-the-ruins-of-the-american-dream/

 

Blum Capitol Assets = $4.5B

en.wikipedia.org/wiki/Blum_Capital