Sunday, September 27, 2009


BANZAI7 NEWS--AT 79, Wu Jinglian is considered China’s most famous economist.

Wu Jinglian helped to create China's market economy, and now he is defending it against conservative hardliners in the Communist Party.

Last year, China’s state-controlled media slapped him with a new moniker: spy.

He complains that business tycoons and corrupt officials in China have hijacked the economy and manipulated it for their own ends, a system he calls crony capitalism.

Dear Mr. Wu,

Whatever you do, don't hold Crony-USA up as a model for transparent capitalism.

WilliamBanzai7 et al

Is it bonus time yet?

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