FCPO - Bulls Charge On- 6/10/2013

Price went down the top band last Tuesday and took out my long positions. I entered a new shorts on the next day as price went below Tuesday's sell signal which was confirmed by the negative Stochastic. But I closed them off at the day end when price went back above the signal day's high and top band. I bought again the next day when price went above Wednesday's high because price has already closed back above the top band.

All the indicators stay positive as at last Friday. The most encouraging item would be the ADX which has begun to rise to 20's. This is confirming a new trend may has already begun.

 

The weekly chart continues to favour the bulls as both the Stochastic and MACD stays positive and rising. Price has now closed above the middle band which by itself is another buy signal. The middle band is basically a 20 periods moving average which is widely watched level. The DMI, though remains negative but it is fast closing the gap between the D+ and D-.  Meanwhile the ADX continues to fall which is confirming the end of the prior sell cycle.

The  items to watch out for at the weekly chart for the coming weeks would be: (1) price closing above the top band  (2) D+ crosses up above the D- . (3) MACD crosses above its zero signal line and (4) Stochastic going above its 50's signal line. All should be read as major bullish confirmations.

For the past few days, media has begun to publish "bullish" statistics for CPO as stocks have been declining which "experts" use to "explain" as why FCPO has been going up. As usual they are late and only aware of what actually goes on in the market after a long lag. Just another example why chart reading is good for you.

FKLI - Dead For Now But It Will Go Violent Soon - 6/10/2013

 

The market did not go much further down for the past week and now has kept itself within the confinement of the top and bottom band. The flat ADX and contradicting indicators are confirming this listless price movements.

An very interesting development on the chart now would be the increasing tightening Bollinger Band which usually predicts violent moves ahead. But it does not foretell which direction would that be, so I would keep an keen eye on the indicators. As at last Friday, the Stochastic has turned back to negative which is in line with the already negative MACD. So with this, you should pay more attention to the short side. Meanwhile I maintain my stop at the top band plus 2 points.

Since the DMI remains positive, I cannot say that the bears have gain control of the market yet.

 
The weekly chart remains contradicting as the Stochastic stays negative but MACD is positive and rising. The MACD is also been complimented by the rising ADX . But we are still unable to see a new trend coming in. The Japanese Candlesticks have been lining up like a parade for the past 4 weeks with small bodies. But since they are above the top band, though I would still call the weekly chart as a listless market, But I would be careful as the bulls might just burst down the door.

With both the daily and weekly chart displaying a listless market, I would be very careful as either the bull or the bear may just suddenly gain an upper hand and kick the other party in the face. This is especially so with the appearance of the tightening Bollinger Band which is a textbook case of explosive moves ahead.

Sweden Housing Crash Coming Up

Average Swede to Repay Mortgage in 140 Years

Swedish repay their mortgages so slowly that it will take 140 years on average, according to the IMF.

    The International Monetary Fund lamented Friday that Swedish households pay their mortgages so slowly that they are planning to do an average of 140 years.

    "Financial stability is [...] reinforced by a steady reduction in repayment schedules - that exceed an average of 140 years," the IMF said in a statement after a mission in Sweden.

    This statistic was revealed in March by a government agency, the inspection of the financial sector. It covers loans considered relatively safe, those where the real estate buyer had an initial contribution equal to or greater than 25% of the value of the property and pay the higher monthly interest alone.

    According to the Washington-based institution, the Swedish real estate market is a major risk to the economy, along with the eurozone crisis.

    "With household debt rising beyond 1.7 times disposable income, a sudden and significant drop in property prices could have an effect on consumption and banks, raising unemployment and further reduce the inflation, and increased the number of non-performing loans and financing costs for banks, "said the IMF.

Why bother paying anything at all? Yet think of the consequences of underwater mortgages on the banking system when an estate does not have enough money to repay loans. A housing bust will have enormous consequences in such a setup.

Swedish Central Bank Ponders New Rules

Sweden is in the midst of a property bubble and a debt bubble, so much so that the risk mentioned above was noticed by the Swedish central bank.

And central banks are always at the tail end of noticing risks of the policies they sponsor.

Please consider Swedes' high debts spark housing bubble fears.

    Martin Andersson, the head of Sweden's Financial Supervisory Authority (Finansinspektionen), expressed his concern about Swedes' mounting debts. “Swedish households today are among the most indebted in Europe and we cannot have household lending that spirals out of control,” Andersson said.

    One tool already in place to dampen the growth of Swedish household debt is a mortgage lending ceiling introduced in 2010 which caps the amount home buyers can borrow at 85 percent of the value of the property.

    Riksbank head Stefan Ingves has also suggested new rules that would require Swedes to pay down the principal on their mortgages, although Andersson refused to say whether his agency would consider such a rule.

    Last year, Swedes' household debt hit a record 173 percent of disposable income, well above the 135 percent level during the height of Sweden's banking crisis in the early 1990s.

Sweden Housing Crash Coming Up

By the time central banks notice bubbles and begin to discuss ways to alleviate them, it is far, far too late to do anything about them. A housing crash with huge consequences is 100% certain.

The longer it takes before the crash begins, the worse the crash.

Catalogue: JASCD 218 Price Code: B Release Date: 14/06/2013 Bar Code: 604988 02182 0

Various Artists A Family Affair - Motor City Roots 'A Family Affair' Follows on from the success of our previous issue, JASCD527 Berry Gordy - 'Motor City Roots'. In this volume we focus on the labels owned by Berry Gordy's sister, Gwen, and as you would expect this is once again a feast of early 60s soul! Features the first recordings from the soon to be famous Motown stars, The Spinners, Junior Walker, Lamont Dozier, David Ruffin and Johnny Bristol. Hear history in the making as the roots of Motown take shape with many recordings on CD for the first time. Fully detailed liner notes covering how these labels merged into Motown: Price: £11.99 / $19.78 / €13.47 Quantity:

Disc 1 THE ANNA RECORDS STORY 1. HOPE AND PRAY - THE VOICEMASTERS 2. OOPS I'M SORRY - THE VOICEMASTERS 3. NEEDED (FOR LOVERS ONLY) - THE VOICEMASTERS 4. NEEDED - THE VOICEMASTERS 5. THE HUNCH - PAUL GAYTEN 6. HOT CROSS BUNS - PAUL GAYTEN 7. LET'S GO TO A MOVIE BABY - JOHNNY AND JACKEY 8. LONELY AND BLUE- JOHNNY AND JACKEY 9. I'LL GET ALONG SOMEHOW- LARRY DARNELL 10. MONEY (That's What I Want) - BARRETT STRONG 11. OH I APOLOGISE- BARRETT STRONG 12. EVERYTHING ABOUT YOU - TY HUNTER & THE VOICEMASTERS 13. DO YOU WANT TO SEE MY BABY - HERMAN GRIFFIN & THE MELLO-DEES 14. SO GOOD - RUBEN FORT 15. I FEEL IT - RUBEN FORT 16. ALL I COULD DO WAS CRY PT 1 - JOE TEX 17. ALL I COULD DO WAS CRY PT 2 - JOE TEX 18. HOY HOY - JOHNNY & JACKEY 19. NO ONE ELSE BUT YOU - JOHNNY & JACKEY 20. TIGHT SKIRTS AND CRAZY SWEATERS - THE CAP TANS 21. I'M FREE - TY HUNTER & THE VOICEMASTERS 22. EVERYTIME - TY HUNTER & THE VOICEMASTERS 23. I'LL NEVER BREAK YOUR HEART PTS 1 & 2 - JOE TEX & THE VIBRATORS 24. LET'S TALK IT OVER - LAMONT ANTHONY 25. THE POP EYE - LAMONT ANTHONY 26. I'M IN LOVE - DAVID RUFFIN 27. ONE OF THESE DAYS - DAVID RUFFIN 28. AIN'T IT A MESS - JOE TEX 29. BABY YOU'RE RIGHT - JOE TEX

Disc 2 THE HARVEY STORY 1. ORANGE DRIVER - EDDIE BURNS 2. HARD HEARTED WOMAN- EDDIE BURNS 3. TWIST LACKAWANNA - JUNIOR WALKER AND THE ALL STARS 4. WILLIE'S BLUES - JUNIOR WALKER AND THE ALL STARS 5. IT'S BEEN A LONG TIME - THE FIVE QUAILS 6. GET TO SCHOOL ON TIME- THE FIVE QUAILS 7. MEAN AND EVIL - EDDIE BURNS 8. THING TO DO - EDDIE BURN THE TRI-PHI STORY 9. THAT'S WHAT GIRLS ARE MADE OF - THE SPINNERS 10. HEEBIE JEEBIES- THE SPINNERS 11. CARRY YOUR OWN LOAD - JOHNNY AND JACKEY 12. LOVE (I'M SO GLAD) I FOUND YOU - THE SPINNERS 13. SUD BUSTER- THE SPINNERS 14. SOMEDAY WE'LL BE TOGETHER - JOHNNY AND JACKEY 15. BAD WILLIE - SHORTY LONG 16. WHAT DID SHE USE - THE SPINNERS 17. ITCHING FOR MY BABY - THE SPINNERS 18. SHE LOVES ME SO - HARVEY & THE SPINNERS 19. WHISTLING ABOUT YOU - HARVEY & THE SPINNERS 20. MIDNIGHT SESSION PT 1 - THE MERCED BLUENOTES 21. I'VE BEEN HURT - THE SPINNERS 22. I'VE GOT YOUR WATER BOILING, BABY (Gonna Cook Your Goose) - THE SPINNERS 23. I'LL BE HERE - SHORTY LONG 24. TOO SMART - SHORTY LONG 25. DO YOU SEE MY LOVE FOR YOU GROWING - JOHNNY & JACKEY 26. ANYWAY YOU WANTA - HARVEY (formerly of The Moonglows) 27. SHE DON'T LOVE ME - BOBBY SMITH & THE SPINNERS 28. TOO YOUNG, TOO MUCH, TOO SOON - BOBBY SMITH & THE SPINNERS

Catalogue: JASCD 527 Price Code: A Release Date: 12/11/2009 Bar Code: 604988 05272 5

Berry GORDY Motor City Roots 2009 is the 50th anniversary of the formation of the worlds most recognisable record label - Motown - and all through the year reissue CDs, major print articles and TV specials have celebrated the music of Berry Gordy. This compilation is the first ever attempt to gather together examples of Gordy's song writing and production skills in the late 1950s prior to the formation of his legendary label. This unique collection brings together many of the records that helped in the formation of Motown like Jackie Wilson's 'Reet Petite' written by Gordy and often cited as his first recorded composition along with Kenny Martin's version of 'My Love Is Coming Down' which is making it's CD debut. To top it off this set also features the earliest recordings of Smokey Robinson & The Miracles as well as those of Motown stalwarts, Marv Johnson, Eddie Holland and members of The Originals who sang with The Five Stars. See also JASCD 218. Price: £8.99 / $14.83 / €10.10 Quantity:

1. JACKIE WILSON - REET PETITE (THE FINEST GIRL YOU EVER WANT TO MEET)
2. AL KENT - THAT'S WHY (I LOVE YOU)]
3. THE SOLITAIRES - THRILL OF LOVE
4. KENNY MARTIN - MY LOVE IS COMING DOWN
5. THE FIDELTONES - IS IT TOO LATE
6. BOB KAYLI - EVERYONE WAS THERE
7. BOB KAYLI - I TOOK A DARE
8. TOM CLAY&THE RAYBER VOICES - NEVER BEFORE
9. TOM CLAY&THE RAYBER VOICES - MARRY ME
10. THE MIRACLES - GOT A JOB
11. THE MIRACLES - MY MOMMA DONE TOLD ME
12. THE MIRACLES - I NEED SOME MONEY
13. THE MIRACLES - I CRY
14. THE FIVE STARS - BLABBER MOUTH
15. THE FIVE STARS - BABY BABY
16. EDDIE HOLLAND - YOU (YOU YOU YOU YOU)
17. EDDIE HOLLAND - LITTLE MISS RUBY
18. LAVERN BAKER - IT'S SO FINE
19. JACKIE WILSON - ETCETRA
20. JACKIE WILSON - LONELY TEARDROPS
21. BOBBY DARIN - ACTION (SPEAKS LOUDER THAN WORDS)
22. ONCE UPON A TIME - MARV JOHNSON
23. MY BABY O - MARV JOHNSON
24. IN NATURE BOY - BRIANT HOLLAND
25. HARVEY FUQUA - DON'T BE AFRAID OF LOVE

I Love All In The Family

I am a fan of her TV series "All In The Family" produced by Norman Lear. Most probably the very first political/social tv series that I ever follow and got influenced by it during my formation years in the early 70's. I think the single most vital item that got me interested in this show was its theme song where Archie Bunker and Edith sat in front of the piano and sang it out. Geng !!!!

Norman Lear said "No one gave more profound 'how to be a human being' lessons than Jean Stapleton."

珍斯泰普顿去世　享年90岁

（好莱坞3日讯）凭借情景喜剧《全家福》（All in the Family）为美国观眾熟知的女星珍斯泰普顿（Jean Stapleton），上週五在纽约自然死亡，享年90岁。

斯泰普顿年近半百才凭借《全家福》成名，这部情景喜剧也让她8次获得艾美奖视后提名並最终三次 折桂。

泰普顿1923年出生，演艺生涯早期一直籍籍无名，直到近50岁 时才凭借《全家福》躋身美国一线电视明星的行列。这部剧集的收 视率连续5年排名全美第一，她在剧中饰演的伊迪丝邦克（Edith Bunker）这个角色为大眾所喜爱，她8次获得艾美奖提名，7次获得金球奖提名，最终获得3次艾美奖和2次金球奖。

Jean Stapleton

Jean Stapleton, who has died aged 90, was among America’s best-known character actresses, admired chiefly for her role as the ingenuous Edith, wife of the blue-collar arch-bigot Archie Bunker (Carroll O’Connor) in the 1970s television sitcom All in the Family — the American version of Till Death Us Do Part.

名牌包包大战　LV图 吞併爱马仕

震撼法国奢侈品界的「手提袋大战」，3年来首次公开对阵。知名品牌路易威登（LVMH）总裁、法国首富阿尔诺，涉嫌暗中囤积爱马仕集团 （Hermes）的股份，密谋取得大多数股权，逼爱马仕家族出让品牌。

法国证券交易监管机构（AMF）制裁委员会週五举行听证会。Hermes指摘旗下已有LV、Givenchy、Fendi等逾60品牌的 LVMH，违规秘密吸纳Hermes股份；LVMH则反攻指Hermes抹黑誹谤，令这场包包大战火药味更浓。

AMF表示，阿尔诺2010年10月透露持有17%的Hermes股份，远较2001至2002年的5%为多。外界猜测他计划逐步购入 Hermes股份，最终令其家族大股东失去发言权，但他否认。LVMH现持有22.6%的Hermes股权。

可罚款4千万

LVMH能神不知鬼不觉累积Hermes股份，是因为股份並非直接买入，而是藉跟3家银行买入衍生工具「债务换股权交易」（equity swat）而来。

阿尔诺曾称，买债换股原意只是炒Hermes股价，並非想要股份，他无意收购Hermes或派人入董事会；Hermes高层却认定阿尔诺是秘 密部署10年收购。

AMF指，阿尔诺没依法通报股份交易，可视之为「欺诈行为」，寻求判罚最高罚款1000万欧元（约4024万令吉）。虽然款项对市值700亿 欧元（约2817亿令吉）的LVMH而言，只是微乎其微，但事件將对集团声誉带来负面影响。

Hermes是全球最后一家仍维持独立的主要奢侈品牌，目前操控公司的3个家族皮埃什、迪马及盖朗共同代表创办人EmileHermes逾 75个后人。为確保家族拥有大多数股权，Hermes去年成立控股公司，家族成员有权优先拒绝出售股份。

Hermes成立176年以来，一直坚持手袋只用本土工匠手工製作。在其他奢侈品牌都转用中国生產线，Hermes仍坚持慢工出细货，工匠要 受训3年才准缝第一个包包。

下一场危机 - 

亚洲情迷举债

亚洲情迷举 债　恐引发危机

上两周人民广（Plaza Rakyat）招標的新闻，让这项在金融风暴之后被搁置超过10年，已经被人们渐渐遗忘的大型计划，再次成为新闻焦点。

这项消息也引起海外媒体的注意。从这个计划牵引出亚洲经济体对于举债发展的迷思。

《华尔街日报》在其专题报导中指出，亚洲国家再金融风暴之后，一度对于举债发展抱持退避三舍的態度，但是，当欧美市场陷入危机，各大国纷纷注 资市场救经济，带来融资氾滥的局面，廉价的融资，推动亚洲股匯及房產的表现，也提升了这地区投资者的借贷意愿。

大马债务高企引关注

《华尔街日报》的报导提出了对这种现象的关注，担心这是否將引发另一场的危机，此外，大马持续通过大型基建发展推动经济的同时，国家债务高企 不下，也是报导的焦点之一。

这一期，让我们来看一看，外国媒体对与亚洲，乃至於大马的信贷情况的看法，虽然从本地的观点出发，我们会有不一样的认知，然而，外媒的观点也 有其值得参考之处。如何在借贷与发展之间取得平衡是亚洲接下来將面对的挑战。这一期，我们看一看《华尔街日报》的专题报导。

亚洲大量举债推动经济增长

马来西亚首都吉隆坡的心臟地带，一座未完成的摩天大楼和购物中心——人民广场（Plaza Rakyat）的废弃地基仍然呆立。从混凝土桩中冒出的生銹钢筋、雨水攒起的臭水池，竟在无意间成为上世纪90年代末席捲亚洲的债务危机的纪念碑。

今天，在距离这一烂尾项目不到半英里的地方，再次呈现出热火朝天的景象。一条新地铁线已经开工，按照规划，一个地铁站附近將建起一栋118层 的之字形摩天大楼，这將是世界第三高楼。廉价信贷正在推动这场建设盛宴。

亚洲债务规模扩张

吉隆坡市长拿督阿末菲莎说，我们需要更多標誌性建筑；马来西亚全国正在经歷一场开发热潮，將会有新的办公楼、新的铁路和地铁、新的桥樑和工厂 出现，而规划中的这座名为独立遗產（Warisan Merdeka）的办公楼只是一个缩影。

亚洲经济体在上世纪90年代爆发金融危机之后一度对信贷退避三舍，但现在又开始通过大量举债推动经济增长。这与美国和欧洲的减债趋势形成鲜明 对比。一些经济学家担心，亚洲债务的剧增最终会再次触发危机，至少会阻碍一些本来增长的很快、增速在全球名列前茅的经济体的成长。

不过很少有人认为亚洲会很快爆发危机。乐观的观察人士指出，经济的高速增长可以让债务变得容易控制。与上世纪90年代不同，亚洲在很大程度上 迴避了外幣债务，因为外幣债务会在本幣贬值的时候带来麻烦。

亚洲的债务规模正在全面扩张。从中国国有企业、地方政府到印尼的摩托车买家，从泰国的洗衣机消费者到新加坡和香港的房地產投资人，债台越筑越 高。马来西亚政府兴建地铁的钱是借来的，向市民发放现金救济的钱也是借来的。

现在，按公共和私营部门债务佔国內生產总值（GDP）的比例来衡量，亚洲新兴经济体的债务负担已经超过了1997年的水平，而当时亚洲走入了 持续数年的金融危机。

现在的债务主要是在过去四年间积累下来的。据諮询公司麦肯锡（Mc Kinsey & Co）旗下的Mc Kinsey Global Institute称，截至2012年年中，亚洲新兴经济体总体债务/GDP比率从2008年的133%升至155%。

作为全球第二大经济体的中国引领了这一轮举债风潮。麦肯锡称，2012年年中，中国债务与GDP之比从2008年的153%上升至183%。 包括野村（Nomura Holdings Inc）的张智威在內，一些经济学家表示，从更全面的反映信託公司等影子银行的政府数据来看，中国债务与GDP还要更高，上升速度更快，已经突破 200%。影子银行是平行於主流银行系统的一个信贷渠道。

中国或爆发债务违约

隨著国有企业和地方政府借款不断攀升，一些经济学家和政府官员开始担心中国可能爆发的债务违约以及在消化债务过程中，可能出现的进一步经济减 速问题。中国的经济问题还可能向亚洲邻国和其他地区扩散。

曾担任中国央行顾问的中国经济学家余永定表示，中国的金融体系依然脆弱，虽然不会马上爆发金融危机，但前面佈满了地雷。

什么水平的债务规模算过高，並没有一个简单的判断原则。经济学家认为，拥有成熟的信贷市场的大型发达经济体，可以承受的公共和私营部门债务水 平都高於发展中经济体。

从2008年到2012年年中，隨著企业和消费者纷纷去杠桿化，美国债务/GDP比率从367%降至346%，但仍远高於亚洲新兴经济体。

让经济学家侧目的，其实是亚洲信贷的扩张速度。

亚洲的银行和信贷市场比起上世纪90年代已经更加完善和成熟。经济学家们相信，这种改善使亚洲国家可以在不伤害经济增长的情况下维持更高的负 债水平。如果使用得当，信贷可以帮助政府扩大对工厂、公路和其他基础设施的投资，从而刺激经济增长。

马来西亚负责经济转型计划的首相署表现管理及传递单位位（PEMANDU）首席执行员拿督斯里依德里斯表示，负债不断增加没有问题，但前提是 要保持经济增长；经济规模越大，能够承受的债务水平就越高。虽然他承认马来西亚的债务规模有所膨胀，但他认为还没有达到许多国家那种令人警惕 的水平。

但在过去的若干年里，信贷的快速和持续膨胀確实在某些情况下成了债务危机爆发的前兆。

在欧洲，公共和私营部门债务规模的扩张最终被证明是难以为继的，並引发了目前的经济问题。

勿把信贷繁荣妖魔化

国际货幣基金组织（International Monetary Fund，简称IMF）经济学家Giovanni Dell'Ariccia说，不能把信贷繁荣本身妖魔化，但也不能放鬆警惕。

导致危机

他和他的同事们发现，信贷繁荣（债务与GDP之比迅速上升）最终导致危机的情况大约佔到1/3，而隨后数年经济增长低於平均水平的情况佔到另 外1/3，其余情况则是增长率不变或更高。

20世纪90年代末的金融危机过后，高储蓄率和审慎的金融管理，就成为亚洲国家的典型特徵。

这些国家依赖製造业和出口来拉动经济增长，直到2007年，亚洲私人部门债务增长速度才与经济增速基本保持一致步调。

金融危机促使美国联邦储备局（Fed）將利率降至纪录低点，亚洲各国央行也都纷纷降息。与经济放缓的美国不同，亚洲国家的消费者和企业借款踊 跃。

危机引发全球贸易下滑，並由此导致亚洲地区经济增长放缓。不过，当经济再度回暖时，亚洲地区央行不愿再大举加息。

海外投资者將资金从美国、日本和欧洲等增长缓慢的地区转至亚洲股市和债券市场，这进一步带动了亚洲经济。

这样一来，结果就是亚洲信贷成本非常低、亚洲国家一直以此推动经济增长。

亚洲经济超越全球

据国际货幣基金组织（IMF）的数据显示，2010-2012年，除日本和韩国等发达经济体之外的亚洲发展中经济体平均年增速为8.2%，相 比之下，全球发达经济体总体经济年均增速仅为1.9%。

信贷扩张成中国经济推动力

中国在2008年金融危机爆发后推出了人民幣4万亿元（按今日匯率计算约为6.45亿美元）经济刺激计划。2009年中国银行业贷款增速为 33%，高於此前六年年均增长15%的速度。2008-2010年，就在全球很大一部分经济体处於衰退或復苏缓慢的时候，中国GDP年增速高 达9.7%。

信贷增速快於GDP

甚至在全球危机过去之后，中国的信贷增速仍继续快於GDP增速。由於出口对中国经济的拉动力已不如以往那么大，信贷扩张就成为了中国经济增长 的关键推动力。

在中国2010年初试图放缓信贷增速的同时，经济增速也隨之放缓。中国季度GDP增幅在截至2012年第三季度的10个季度內几乎在持续放 缓。中国信贷增速於2012年4月开始再度加快，六个月之后，中国季度GDP同比增速也再度回升。

惠誉国际评级（Fitch Ratings Inc）高级董事朱夏莲（Charlene Chu）称，去年的经验表明，不能放慢信贷增速，否则经济增长放缓势头会加剧。中国第一季度GDP增幅由去年第四季度的7.9%回落至7.7%。

在中国中部省份湖南省，政府控股高速公路公司湖南高速（Hunan Expressway）掀起了一轮公路建设热潮。预计到2015年底，湖南省高速公路总里程数將超过4，000英里。

作为造路的代价，湖南高速截至去年9月份的债务规模累计达1740亿人民幣，较2009年债务水平增加一倍，其中多数为银行贷款。

虽然上路汽车数量增加，但高速公路收费收入还不够偿还贷款。该公司最近通过发行1年期债券来填补这一缺口。联合资信评估有限公司（China Lianhe Credit Rating Co.）在2月份发佈的报告中强调了现金流问题。

湖南高速在一份书面声明中称，公司没有逾期未还的贷款，並且享有良好的信用评级。声明还称，总体还款风险可控。

在上一个10年中期，国有航运巨头中国远洋控股股份有限公司通过购买和租赁船只实现了快速增长。而之后金融危机的爆发导致运费大幅下滑，航运 能力出现过剩，航运公司收入也隨之锐减。中国远洋通过向国有银行借款和发行公司债才得以避免裁员。2012年该公司总债务由2009年的 852亿人民幣激增至1235亿元。

巴克莱（Barclays）分析师Jon Windham称，中国远洋属於央企，通常迫使一家公司缩减规模的市场之手在这里是不存在的。

一些经济学家认为，中国的债务问题是孤立的，不会影响到整体经济。他们还称，中央政府债务佔GDP的比重较低，为20%左右，因而政府有足够 的实力来帮助受困企业。

人民广场重新上马　大马举债搞基建

再来看马来西亚，虽然大马出口疲软，但过去两年的经济增速仍保持在5%左右。家庭信用卡债务和抵押贷款数量激增，开发商也纷纷吸纳银行贷款。

麦肯锡称，2012年年中马来西亚债务与GDP之比由2008年的192%升至242%，其中政府债务以及政府关联企业债务稳步增加。

依德里斯表示，为花钱而花钱的投资是不可取的，政府希望把钱直接投在马来西亚具备优势的行业，这包括石油、天然气、金融服务和高科技製造业， 增加对这些行业的投资能够让马来西亚更有竞爭力。

他说，这样的投资会带来更快的经济增长和更高的收入，使国家有能力消化这些债务。

吉隆坡上一次经济繁荣是在二十世纪八、九十年代，当时，所谓「东南亚四小」的高速增长终因东南亚金融危机而黯然落幕，马来西亚受到重创，令吉 大幅下跌，国內企业纷纷倒闭，该国经济在1998年萎缩7%，人民广场等建设项目也被搁置。

本世纪头十年，隨著出口实现增长，马来西亚经济摆脱低迷。但现在出口再度下滑，政府又开始在巨额资本项目上撒钱。

马来西亚財政部下属的捷运公司（The Mass Rapid Transit Corp.）正在建设规划中的吉隆坡60英里地铁系统的前半部分，该项目將举债100亿美元。

纳税人买单

儘管很多居民和经济学家认为，扩建地铁系统对吉隆坡的经济有益，但很多批评人士担心，相关债务可能最终要由纳税人来承担。

该国在二十世纪90年代通过类似架构建设的单轨铁路项目，曾在2001年申请政府救助。

马来西亚政府还在推进吉隆坡市內的新办公楼建设，並动用政府资源来为项目融资。但CEIC Data提供的政府数据显示，隆市的办公楼空置率已超过20%，创2003年以来最高水平。

政府旗下的投资公司--国民投资公司（Permodalan Nasional Berhad）负责开发独立遗產摩天大楼。预计该大楼的面积將与纽约的帝国大厦不相上下。国民投资公司准备將自己旗下的企业迁到这座大楼，意味著其他一些 办公楼將被空置。

距离独立遗產摩天楼几英里的敦拉萨国际贸易中心（Tun Razak Exchange）也已经开工，擬建设超过12栋大楼。牵头这一项目的政府投资公司1马发展有限公司（1Malaysia Development Berhad）表示，阿布扎比的投资方参与了该项目，另外近期还发行了近40亿美元的项目债券。

此外，久已废弃的人民广场项目也將重新上马。

吉隆坡市长阿末菲沙表示，政府的目標是吸引100家新跨国企业，与邻国新加坡抢生意。

他对高空置率问题所引发的担忧不以为然。他说，这是政府决定的事情，政府需要提供这类非常顶级的办公空间。

蹒跚的巨人：中国未来面临的威胁
——中国须重启久别的改革

谭宝信说，《蹒跚的巨人》的观点既不属对中国前景的乐观派，也不属消极派，而是“冷静派”。
中共中央政治局常委、中央纪委书记王岐山曾推荐阅读法国历史和社会学家托克维尔的著作《旧制度与大革命》，书中折射的要义“最危险的时 候，往往就是开始改革的时候”被解读为当前中共在改革上裹足不前的忧虑。
不过，对《蹒跚的巨人：中国未来面临的威胁》（ Stumbling Giant: The Threats to China’s Future）一书的作者蒂莫斯·比尔德森（Timothy Beardson）来说，时至今日，中共不改革比改革的风险要大，只有尽早进行改革，才能继续维持其政权。
比尔德森的中文名是谭宝信，曾在香港生活了30多年，是最早进入中国市场的投资银行的创办人。他的新书涵盖了当今影响中国发展的诸多议 题，包括人口、教育、腐败、环境、外交等方面。
谭宝信在接受专访时说：“1980和1990年代，中国的改革相当成功和巨大，但自从2000年以来，中国陷入沉睡，没有什么改革。”
谭宝信谈中共必须作出适应性改革
他说：“中国现在需要的改革是：深度、尽早和彻底，如果不这样，中国可能陷入‘中等收入陷阱’（middle income trap）。”
有趣的是，谭宝信在谈论这种改革（reform）时，也用了另外一个词“适应或顺应”（adaptation）。他认为，中共从 1978年以来，展示了非常有效地“适应能力”，得以度过1997年金融风暴等一系列“可能导致政权垮台的事件”。
谭宝信说：“中国共产党成功的唯一希望就是不断地‘适应’和调整，倘若一旦停止适应和改革，垮台几乎是定局。”
改革领域
谭宝信“如果中共政府能继续提供人民想要的结果，人民和政府之间的这种‘合同’还会继续下去。”
谭宝信认为，改革并不意味着要实行西方的民主，这并不一定符合中国老百姓的利益，尽管中国需要改善人权和法治。
谭宝信列举了三个领域，首先是环境，这涉及空气污染、水污染以及食品安全，“这一改革不仅耗费时间和金钱，更重要的是要有政治意愿。”
其次，中国需要从低端制造业经济向创新推动的经济增长模式转变，这又需要中国的教育改革，“从死记硬背转向提倡批判性思维，改变科研的 文化，造就一批世界一流的大学”。
第三，就是需要改革金融领域。做投行出身的谭宝信说：“中国经济近30年维持10%的增长，回首1980年代，私营经济只占经济总量的 3%，如今比重可达67%，私营经济每年增幅达20%。”
尽管如此，谭宝信对BBC中文网说，私营经济的生存环境窘困，2/3的银行信贷给了国营经济，迫使私营企业寻找昂贵和效率低下的“影子 银行”，禁锢了中国经济的发展。
谭宝信说，中国股市最近跌回2001年的水平，完全没有反映出中国经济每年10%的增长成果，其原因就是86%的上市公司是国企，而真 正有增长潜力的是私营企业，这是资源配备的“错位”。
为何难改？
既然改革关系到中共的成败和存亡，那么为什么改革自2000年以来停滞不前？
谭宝信认为，这是由于党内无法再有一个像邓小平那样的强势人物，加之，中共的统治系统过于庞大，强调集体决策，即便等上权力顶峰的人也 难以撼动造就他的官僚体系。
谭宝信谈改革停滞的危害性
他说：“邓小平那一代人通过革命取得执政合法性和权威，让他能够做他想做的，人民也会听或是默许；如果你是通过选举产生的领导，你也可 以获得某种权威，因为人们认为选民愿意赋予你这种权力。”
“但如果通过官僚系统掌权，你与民众之间的纽带就不强，这样的领导人要想推行大胆的改革就会很难。”
谭宝信对BBC中文网说：“中共政权若想继续维持下去，但前提必须是能带来民众想要的结果。”
他说：“过去几年的情形令人担忧，因为这种结果来得越来越慢、越来越难了。如果中共政府能再次提供人民想要的结果，人民和政府之间的这 种‘合同’还会继续下去。”
谭宝信说，他对中国存在“希望”和“担心”，希望的是中共能够进行改革，但同时担心“这个体系不允许领导人进行这种急需的、必须的改 革”。

To China Communist Party - The People Will Never Forget What You Had Done

Tiananmen Square 24th Anniversary: Remember The Failed 'Chinese Spring' With These Iconic Photos

AP

Today is the 24th Anniversary of the 1989 Tiananmen Square protests in China which saw hundreds of thousands of students occupying Beijing's central square, and ultimately resulted in hundreds, perhaps thousands of deaths (the number is disputed).

On the 24rd anniversary of the crisis, we look back at some of the iconic photos the event produced.

The protests began on April 15th, after the death of ousted General Secretary Hu Yaobang.

Chinese police try in vain to contain a huge crowd of student marchers during a pro-reform demonstration in Beijing, China, May 4 1989. (AP Photo/S. Mikami)
AP

Hu had widely been seen as reformer and was supported by students, who wanted the Chinese government to continue his pro-market and pro-democracy policies.

A truck is almost buried in people as it makes its way through the crowd of thousands gathered in Tiananmen Square for a pro-democracy rally, Wednesday, May 17, 1989, Beijing, China. (AP Photo/Sadayuki Mikami)
AP

Following Hu's official state funeral, some 100,000 students gathered in the Beijing's central square.

Beijing university students wave fists and flags as five Chinese military helicopters buss Tiananmen Square at down Sunday, May 21 1989. (AP Photo/stf)
AP

An anti-protest editorial in People's Daily on April 26 enraged the students further.

Unidentified Beijing University students, who have been on a five day hunger strike for democracy, take an early morning break in Tiananmen Square, Thursday, May 18, 1989, Beijing, China. The students have been joined by thousands of workers, soldiers and doctors in their demand for political reform. (AP Photo/Kathy Wilhelm)

By May 13, a hunger strike had begun and there were some 300,000 people in the square.

Unidentified Beijing University students catch a nap on cases of soft drinks in Tiananmen Square, Friday, May, 19, 1989, Beijing, China. They are in their sixth day of a hunger strike for political reform. (AP Photo/Kathy Wilhelm)
AP

Marshall Law was declared on May 20.

Beijing University students rally in Tiananmen Square where they have camped for a week to push for political reforms, Saturday, May 20, 1989, Beijing, China. The government declared martial law on Saturday in an effort to end the occupation. (AP Photo/Sadayuki Mikami)
AP

The PLA marched on Beijing, only to withdraw a few days later. Protestors would lecture the soldiers, asking them to join their cause.

A Beijing University student reads list of goals in their occupation of Tiananmen Square to Peoples Liberation Army troops, Saturday, May 20, 1989, Beijing, China. The troops, enroute to the square, were turned back by the crowds. (AP Photo/Mark Avery)
AP

The student protest became split around this time, with no clear leader.

A Chinese military helicopter passes over Tiananmen Square and demonstrating students following the declaration of martial law, Saturday, May 20, 1989, Beijing, China. Students have occupied the square for a week seeking political reform. (AP Photo/Sadayuki Mikami)
AP

But the students and their supporters were clearly occupying Beijing's central square.

Beijing University students listen as a strike spokesman details plans for a rally in Tiananmen Square, which they have occupied for the last two weeks, Sunday, May 28, 1989, Beijing, China. (AP Photo/Jeff Widener)
AP

They even unloaded a 30-foot styrofoam statue, modeled on the Statue of Liberty, in the square.

A statue modelled after the Statiue of Liberty is ready for unveiling in Tiananmen Square, Beijing, China, May 30, 1989. The 30-foot styrofoam statue was erected by striking university students. In the background is the Great hall. (AP photo/Shing)
AP

Protestors mocked government "bribes" for pro-government marches.

A masked protester from Beijing University leads chants making fun of the government's offer of money and a loaf of bread to people willing to march in a pro-government rally, Friday, June 2, 1989, Beijing, China. (AP Photo/Mark Avery)
AP

Troops began clearing the square at the start of June.

A student pro-democracy protester flashes victory signs to the crowd as People's Liberation Army troops withdraw on the west side of the Great Hall of the People near Tiananmen Square on Saturday, June 3, 1989 in Beijing. (AP Photo/Mark Avery)
AP

Violence erupted.

A student protester puts barricades in the path of an already burning armored personnel carrier that rammed through student lines during an army attack on anti-government demonstrators in Beijing's Tiananmen Square, early June 4, 1989. A govenment soldier who escaped the armored vehicle was killed by demonstrators. Pro-democracy protesters occupied the square for seven weeks; hundreds died in the early hours of June 4, 1989 when troops shot their way through Beijing's streets to retake the square. (AP Photo/Jeff Widener)
AP

Officially, 241 people died.

The bodies of dead civilians lie among mangled bicycles near Beijing's Tiananmen Square in this June 4, 1989 file photo.

Other numbers, ranging into the thousands, have circulated, with none confirmed. Many of the deaths happened outside the square, with soldiers firing directly at unarmed protesters.

A ceremony of PIA troops march down Chanan Blvd. firing indiscriminately to clear the street of citizens as the army faction occupying the center of Beijing prepares for the rumored arrival of opposition troops converging on the city, June 5, 1989, Beijing, China. (AP Photo)

The iconic footage of a man standing up to a PLA tank occurred the next day.

A Chinese man stands alone to block a line of tanks heading east on Beijing's Cangan Blvd. in Tiananmen Square on June 5, 1989. The man, calling for an end to the recent violence and bloodshed against pro-democracy demonstrators, was pulled away by bystanders, and the tanks continued on their way. The Chinese government crushed a student-led demonstration for democratic reform and against government corruption, killing hundreds, or perhaps thousands of demonstrators in the strongest anti-government protest since the 1949 revolution. Ironically, the name Tiananmen means "Gate of Heavenly Peace". (AP Photo/Jeff Widener)
AP

This shot shows the man from another angle. He was reportedly whisked aside by onlookers, but it was unclear what became of him or who he was.

In this photo taken on June 5, 1989 and made available for the first time by the AP on Thursday June 4, 2009, three unidentified men flee the scene, as a Chinese man, background left, stands alone to block a line of approaching tanks, background right, in Beijing's Tiananmen Square. The man in the background stood his ground and blocked the column of tanks when they came closer, an image captured on film by numerous other photographers and one that ultimately became a widely reproduced symbol of events there. The photograph was taken by then-AP reporter Terril Jones and came to light after online discussions of the incident coinciding with the 20th anniversary of the Tiananmen Square crackdown. (AP Photo/Terril Jones)

Tens of thousands of people are arrested after the protests, an unknown number were likely executed.

Crowds of curious Beijing residents gather to look at the military hardware in Tiananmen Square Wednesday, June 7, 1989 in Beijing. (AP Photo/Sadayuki Mikami)

Officially China still tries to ignore the legacy of the event, with searches on Weibo banned today.

A student is carried away from Tiananmen Square in Beijing, China, June 8 1989 , following a clash with Chinese army troops. (AP photo/Liu Heung Shing)

The country has responded sternly to a statement from the US asking it to free prisoners still being held because of the protests.

Chinese soldiers clean up the debris from several days of rioting against material law in the streets, Friday, June 9, 1989, Beijing, China. (AP Photo/Sadayuki Mikami)

Many still remember, however. Tens of thousands of people gathered in Hong Kong today to commemorate those who lost their lives.

Bicyclists peddle through the ruins of the last weeks battle between the Peoples Liberation Army and students demonstrating for democracy in Tiananmen Square, June 10, 1989, Beijing, China. This scene is located some three miles from the square. (AP Photo/Jeff Widener)

Some wonder if scandals involving Bo Xilai and Chen Guangcheng points towards another period of turmoil coming for China.

Beijing residents have something new to look at as they commute to work Monday, June 12, 1989 past a PLA tank near Tiananmen Square, Beijng. (AP Photo/Sakayuki Mikami)

R.I.P. The Dells' Marvin Junior (1936-2013)

His husky,mahogany instrument was the inspiration for Teddy Pendergrass and countless other male singers who emulated his grit, power and conviction, the very personification of a masculine voiced soul singer. When baritone Marvin Junior sang, you believed every word. As one of two long-time lead singers for the Dells (we lost the falsetto lead Johnny Carter in 2009), Marvin helped define for a generation what a male soul singer was expected to be, soulful, declarative, unwaveringly sure in his desires and love, the kind women wanted and men respected. An inductee in both The Rock and Roll Hall of Fame and Vocal Group Hall of Fame along with his fellow Dells, Marvin Junior will be greatly missed.
Born in the Chicago south suburb of Harvey, Illinois on January 31, 1936, Marvin Junior is an original founding member of The Dells. Formed at Thornton Township High, Marvin Junior, Johnny Funches (who was later replaced by Johnny Carter, formerly of The Flamingos, following a Dells’ car accident), Verne Allison, Chuck Barksdale, Mickey McGill, and his brother Lucius (who left the group after their first 45 was released) auditioned for Chess Records as a street corner doo wop group in the 1950s and hit regionally with “Darling I Know” and “Christine.” After being schooled by Harvey Fuqua of the Moonglows on five-part vocal harmony and gaining experience as the background touring and session singers for the iconic Dinah Washington, the Dells proved unstoppable. Starting with their first national #3 R&B hit “Oh, What A Nite” (which would be re-recorded in 1969 as “Oh, What A Night” and became a #1 R&B and a Top 10 Pop hit) and followed through in 1965 with their Top 25 R&B hit, “Stay in My Corner,” a song whose re-recorded version eventually became The Dells first #1 R&B and Top 10 Pop hit in 1968. Scores of Top 40 R&B hits followed, including: “Nadine,” “Our Love,” “There Is,” “Super Woman,” “I Miss You,” “Always Together,” “Glory of Love,” “Open Up My Heart,” “I Touched A Dream,” “It’s All Up to You,” “On the Dock of the Bay,” “A Heart is a House of Love,” “The Love We Had (Stays on My Mind),” “I Wish It Was Me You Loved,” “I Can Sing a Rainbow/Love is Blue,” “Give Your Baby A Standing Ovation,” “You Just Can’t Walk Away,” “My Pretending Days Are Over,” and “Learning To Love You Was Easy (It’s So Hard Trying To Get Over You).”
With 26 original and 14 compilation albums released, Marvin Junior and The Dells had a career spanning four decades. More meaningfully, Junior belonged to a group whose member line-up after 1960 never changed again. There are few genres where The Dells did not successfully excel during their prime, from pop and R&B to doo-wop and jazz, every genre owned by their unique harmonies. The act recorded for several labels, sometimes helping to define that label, like Cadet/Chess in the 1960s with producer/arranger Charles Stepney, Philadelphia International with the legendary Gamble & Huff, as well as ABC, Volt, Virgin, Vee Jay, Mercury and 20^th Century Fox, among others.
Marvin Junior and the group proved so culturally impactful during their run, they were the inspiration for Robert Townsend’s hit film The Five Heartbeats. Reportedly, it was Marvin Junior who encouraged a change in direction for the film, originally conceived as a comedy, to a serious drama, citing the decidedly unfunny experiences groups like The Dells endured on the road from 1952 up until Marvin Junior’s death, from racism to label rip-offs. Townsend toured for several weeks with Junior and The Dells to accurately capture the quintet's experience for Townsend's fictional story of the rise and fall of an R&B group. The movie soundtrack also landed The Dells a final major R&B hit in "A Heart is a House of Love."
A staple of the golden-era veterans' circuit, Marvin Junior and The Dells toured extensively throughout the 90s and 2000s and recorded their last album in 2002, Open Up My Heart: The 9/11 Album. His son, Marvin Junior, Jr., has followed his father’s footsteps, becoming a respected musician and recording artist with a voice very reminiscent of his father.
We are still working to identify and list out Marvin Junior’s surviving family members. Marvin Junior was 77. May he rest in peace and his music live on forevermore.
By L. Michael Gipson

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The Saudis Really Getting Shit About America's Shale Revolution

saudi arabian ministers

American oil inventories are at all-time highs thanks to shale production.

And the Saudis do not want to talk about it.

At OPEC's biannual meeting Friday, the Wall Street Journal's Summer Said and James Herron asked Saudi oil minister Ali Al Naimi what he thought of all the new crude being pumped in the U.S.

Naimi's answer was basically: Talk to the hand.

From WSJ:

Why are you all excited all of a sudden on shale? You know why, because you like to chit chat…you are an agent of disturbance,” he said, pointing a finger at his questioner. “Leave us alone and leave all these issues. We had enough of shale oil and talks of shale. Please talk about anything else,” he said, switching from English to Arabic.

June 4th Elsewhere - Fascist Governments Are Same All Over The World

 The Stunning Image Of 'The Lady In Red' Will Endure Even After The Turkey Protests End

REUTERS/Osman Orsal

Turmoil in Turkey has entered its fifth straight day as protests over the destruction of trees in a public park morphed into an indictment of Prime Minister Recep Tayyip Erdogan's government.

And the "lady in red" — a woman who was sprayed directly in the face with pepper spray by a policeman on May 28 in Gezi Park of Taksim Square — has become the symbol of the dissidents.

The description of the photo by Reuters nails it (emphasis ours):

In her red cotton summer dress, necklace and white bag slung over her shoulder she might have been floating across the lawn at a garden party; but before her crouches a masked policeman firing teargas spray that sends her long hair billowing upwards.

Endlessly shared on social media and replicated as a cartoon on posters and stickers, the image of the woman in red has become the leitmotif for female protesters during days of violent anti-government demonstrations in Istanbul.

Birsen Altayli and Ayla Jean Yackley of Reuters report that walls around Taksim Square in the heart of Istanbul — a popular gathering place for the country's labor movement where Erdogan vows to build a mosque — are plastered with posters of the instantly iconic photo along with a message that read: "The more they spray, the bigger we get."

And the police have been spraying, as well as aggressively shooting demonstrators with water cannons, and in some instances savagely beating them.

The Turkish Medical Association claimed at least 3,195 people were injured in clashes Sunday and Monday — two have been killed — and some of the images that appear to show wounded protesters are downright grisly

On Tuesday Turkey's deputy prime minister Bulent Arinc apologized for "excessive violence" against the protesters while Erdogan remains defiant — he's blamed the unrest on "bums," "looters," "the extremist fringe," "Twitter," the main opposition party, and even "foreign agents," (sounds so UMNO ?) while also predicting that "the situation will return to normal" in a matter of days.

“[Erdogan has] not been behaving rationally at all,” Gareth Jenkins, an Istanbul-based researcher at Johns Hopkins University, told USA Today. “He appears to be becoming almost delusional and refusing to accept the reality that these protests are mainly spontaneous and are being organized by small groups of people who’ve never engaged in politics before.”
No moment captures that spontaneous defiance and the police's heavy-handed response better than the lady in red.
Here's the sequence:

REUTERS/Osman Orsal

And here's a closeup of her getting doused:

“六四”屠夫周年前被索魂

 

六四敏感期“前北京市长陈希同病逝”

陈希同“六四”前病逝，以摄影师身份火化

1989年六四发生时的北京市市长陈希同病逝，并在昌平火化，因为时机敏感，他的死讯仍被掩盖。因为他身份特殊而需要保密，火化时 填写的职业是“摄影师”（又说“诗人”），目前不知道火化时填写的名字是否是原名。陈希同享年83岁，死于癌症。

传闻6月3日上午9点10分去世，但博讯了解，他应该在数日前死亡，当局赶在六四前火化。估计当局原计划将他的死讯拖延六四之后一 周左右才会公开。
陈希同六四时期异常活跃，被外界认为是六四大屠杀的元凶之一， 但后因内斗被以贪腐判刑。
陈希同生平

陈希同1948年进入北京大学中文系学习，同年10月，加入中国民主青年同盟。1949年12月加入中国共产党。北京解放初期在基 层工作，历任中共 北京市西单地区街道工作组成员，北京市公安局内城二分局十二派出所副所长，北京市公安局内城二分局人事股副股长、文书股股长等。
1952年陈希同调至中共北京市委办公室任干事。1953年，被任命为北京市委第二书记刘仁的秘书。当时机关干部大多人被派往基层 挂职，陈希同也被 派往北京第一机床厂七车间任党支部书记，他在这个位置上一干就是十年，在那里经历了“反右”、“大跃进”等一系列运动。1963年， 他改任中共北京市昌平 县农工部副部长，不久又升任县委副书记。1967年，陈希同因曾任刘仁秘书，被下放劳动。
1971年，任中共北京市昌平县十三陵公社革委会副主任、马池口公社党委书记、北京市昌平县委副书记、县革委会副主任、昌平县委书 记、县革委会主任等职。
1979年12月，任北京市人民政府副市长。1981年9月，担任中共北京市第四届委员会常务委员，1983年4月至1993年1 月任北京市市长。1988年4月至1993年3月兼任国务委员。1992年10月至1995年9月任中共中央政治局委员、北京市委书 记。
他是中共第十二届、十三届、十四届中央委员，第十四届中央政治局委员。
1989年六四事件期间任北京市市长，曾参与和学生对话，在对话中表示自己的子女是普通工人，自己除工资外没有任何收入。赵紫阳在 回忆录《改革历 程》中说：“（1989年4月）24日的常委会上把学潮定性为‘有组织、有计划、有预谋的反党反社会主义的政治斗争’，并形成了会议 纪要。李鹏、李锡铭、 陈希同是领头人。”。1989年6月4日，坐镇中南海参与了对学生运动镇压的指挥。
1990年代，陈希同依靠北京建筑业发展分配的施工许可获得了2400万美元，并为许多年轻的女主持人配备了许多私人住宅。之后， 陈希同涉及金融案件金额达20亿美元。
后来陈因为王宝森事件，暴露出巨额贪污而被捕定罪，于1995年正式开除陈希同的党籍，并撤销党内外一切职务。1998年7月被判 处有期徒刑16年。前一年，陈希同之子陈小同因受贿罪被判处12年。
2004年陈希同获“保外就医”。2009年4月有消息称，陈因患末期癌症被送往北京医院高干病房救治，生命依靠药物维持，院方已 多次发出病危通知。
根据判决书，陈希同将于2013年8月1日正式出狱。2012年5月出版姚监复撰写的一本与陈希同的对话录，名为《陈希同亲述：众 口铄金难铄真——保外就医的陈希同2011-2012年谈话纪录》。书中陈希同否认其为六四戒严北京总指挥，有别于《李鹏六四日记》 中的陈述。
2013年6月3日9点10分逝世，遗体在昌平殡仪馆火化。

我们永远不会忘记他们做了什么 Pt.2

美国会敦促奥巴马就六四问题向中国施压

魏京生（左）和柴玲（右）应邀出席了美国会听证会。

在中国政府残酷镇压天安门学生运动24周年之际，美国国会周一（6月3日）举行听证会，呼吁 奥巴马总统在会见即将到访的中国国家主席习近平时，就人权问题进行严肃交涉。
众议员史密斯要求奥巴马总统必须严肃认真地就中国政府践踏人权问题同习近平进行交涉，而不应只作蜻蜓点水式的表面文章。
他说，如果一个政府可以残暴镇压本国民众的民主要求，人们怎么能在贸易和安全问题上相信这样的政府？
被邀请参加国会听证会的包括流亡的中国异见人士魏京生、柴玲和杨建利。
魏京生说，他相信，六四问题只有等到共产党倒台之后才能真正得到解决，才能被追究罪责及赔偿。
柴玲和杨建利都呼吁奥巴马总统在本周会见习近平时，不应只着重加强经贸关系，更应当关注人权问题。
美国国务院上周发表声明，呼吁中国政府停止骚扰天安门民主运动的幸存者与支持者。
但中国外交部发言人洪磊表示，美国政府年复一年地发表类似声明，是对中国内部事务的粗暴干涉。
鉴于六四问题在中国仍属禁区，洪磊的声明甚至没有出现在新华社的中文网站和外交部的网站。

美众议员要求中国为六四镇压道歉

出席美国国会听证会的魏京生和柴玲。

《每日电讯报》网络版周一（6月3日）夜间刊登文章说，美国国会委员会敦促总统奥巴马在与来 访的中国国家主席习近平举行会谈时，必须深入讨论中国的人权问题。
美国众议院全球人权小组委员会主席克里斯·史密斯周一晚间说，习奥会谈的议事日程中必须有关于中国侵犯人权现象的讨论，而且必 须是深入讨论，而不是肤浅的走过场的讨论。
在1989年发生的天安门事件中，中国当局在6月4日凌晨出动军队镇压和平示威的学生和北京市民，打死数百甚至可能是数千人。

要求道歉

史密斯在六四前夕的国会听证会上要求中国政府为六四镇压道歉，并要求公布六四死难者的真实人数，以及其它侵犯人权的行为。他 说，现在是严肃对待中国公然违反人权行为的时候了。
奥巴马总统本周晚些时候将在加州的一个农场与访问美国的习近平主席举行重要会谈，双方都希望改善两国间目前有波动的关系。
预期人权问题不会是此次峰会议程的主要话题，而华盛顿所担心的中国网络间谍、两国持续以来的贸易争端、以及北京认为美国试图用 亚太战略来遏制中国崛起等，则会是峰会的主题。
今年是六四民运24周年，20多年来，中国共产党政府一直拒绝国内外呼吁为六四镇压道歉的要求。
北京本周再次愤怒的拒绝了美国国务院提出的“停止骚扰那些参加过六四抗议运动的人，公布六四中死亡、被监禁和失踪人数”的呼 吁。
美国国会在六四24周年之际举行听证会，出席听证会作证的有流亡美国的中国异见人士、一名当年在天安门广场的西方记者大卫·艾 克曼和人权观察中国部主任索菲·理查森。

继续迫害

出席作证的人说，中国还在继续迫害那些公开要求政府重新评估六四血腥镇压的人。证人们举出多个因此被中国当局监禁、殴打、骚扰 的例子。
在中国的互联网上，所有涉及六四屠杀的内容全部被网管删除，包括“6月4日”，甚至连网民的暗语“5月35日”也被禁掉。
代表一百多名死于六四镇压死难者家属的“天安门母亲”组织，上星期发表一 封公开信，表示对今年3月份上台的习近平政府深表失望。
公开信说：“我们的希望已渐渐消失，绝望正在渐渐逼近……我们不信任我们的领导人，他们的承诺几乎没人能相信。”
1989年以后的中国历届政府一直拒绝为六四平反，通常以维护国内社会稳定为由，中国当局说，有13亿人口的中国在过去35年 中，在社会和经济方面都发生了很大的改变。
但是呼吁中国进行政治改革的人士认为，除非中国政府变得更公开、透明和诚实，否则中国国内由于社会不公导致的愤怒和不满将蔓延 扩大，最终可能演变成暴力革命。
六四时在天安门广场的美国《时代周刊》中国部负责人大卫·艾克曼周一晚在国会作证时说，如果中国政府开始真诚对待国内的愤懑， 尤其是那些源自六四镇压的愤怒，那么中国和全世界的所有人都会松一口气。

六四24周年前夕佩洛西促北京释放政治犯

佩洛西呼吁北京立即无条件释放包括刘晓波在内的所有政治犯。

美国国会众议院民主党领袖佩洛西在“六四”天安门事件24周年前夕发表声明，要求北 京立即无条件释放包括刘晓波在内的所有政治犯。
佩洛西在书面声明中呼吁称，中国政府应“立即和无条件释放所有的政治犯，其中包括刘晓波，世界上唯一一名被监禁的诺贝 尔和平奖获得者”。
佩洛西表示，“24年前，当中国学生、工人和市民和平集会并呼吁当局加快改革和打击腐败的时候，他们在天安门广场上遭 到屠杀。”
她说，时至今日，任何提及1989年六四事件的话题都受到中国当局的审查，六四事件受害者和家人仍然受到当局的迫害和 监禁。

声明

佩洛西指出，中国和西藏的人权状况继续恶化，改革努力继续遭到中国政府的打压，“在这个六四周年纪念日，天安门广场上 的英雄将在香港和世界各地得到悼念”。
佩洛西赞扬了丁子霖和天安门母亲勇敢地争取与中国领导人对话，而她们在世界各地的支持者也促请北京坦诚公开当年镇压的 真相，停止迫害六四事件死难者家属，并不再干涉他们的公开悼念活动。

六四事件中，一名男子在长安街头只身挡坦克（资料照片）。

以敢言著称的佩洛西议员长期关注中国人权并经常对中国政府提出批评。1991年，担任议员不久的佩洛西曾在天安门广场 打出横幅，横幅写着“献给中国民主事业牺牲的烈士”，她为此曾被驱逐出境。
佩洛西还以陈光诚事件为例强调说，中国官员虐待及威吓维权活动人士的家人，这种新趋势令人担忧。她认为，敦促中国当局 保护维权人士及其家人，应当成为维系美中关系的一个优先考虑因素。

“良心”

佩洛西的声明最后指出，我们的良心将永远铭刻上20世纪最令人难忘的一幅画面——那就是一名男子在街头只身挡坦克的画 面。
佩洛西说：“今天，天安门精神活在那些在中国和海外继续抗争的人们的心中。”
在佩洛西的声明发表之前，美国国务院此前亦在六四事件24周年前夕发表声明，呼吁中国停止对六四参与者的迫害，并尊重 普世人权。
但中国外交部发言人洪磊通过新华社发表英文声明回应称，美国应该“立即改正错误，停止干涉中国内政，以免破坏中美关 系。”
他说，中国就1989年的事件早已有“明确的结论”，希望美国摒弃政治偏见，正确看待中国的发展。

伦敦约百人举行纪念六四24周年活动

集会者大多是年轻的香港留学生，对1989年发生的六四事件有相当程度的了解。

大约上百人参加了在中国驻英大使馆对面举行的纪念六四活动，其中许多是来自香港的留学生。
活动于周二下午7时15分开始，组织者吴吕南首先发表讲话，表示24年前六四事件发生的时候，他曾到中国大使馆前抗议，他说许多华 人从那之后就年年报到参加。
吴吕南接着便带领所有的参加者向六四事件中的死者默哀。
组织者之一、曾经亲历八九学运和六四事件的邵江随后发表讲话，讲述当时的经历，并邀请参加者朗读数十位事件遇害者的姓名和遇害地 点。
参加者当中许多是来自香港的留学生，一些学生表示，他们在香港念书的时候，学校的教科书就有六四事件的内容，但是老师不会特意的强 调。
受访的香港学生表示，到长大之后，自己有自己的看法，并且通过网路获取信息，了解六四事件的背景，他们希望北京政府能正视当年学生 的诉求。
也有穿着自己书写“纪念六四”字样T恤衫的华人手持自制的大字报来参加，他说“希望明年能在北京举行悼念活动”。

主办单位在地上以蜡烛排出64字样，旁边再以当年的相片排成8964，让参加者和路人了解当年发生的事情。
邵江表示，看到参加的年轻人越来越多，他感到很高兴，他认为这意味着六四将会一直延续下去。
不过他也对最近所谓的“平反”说法感到不满；他说，呼吁平反的是不肯投入、积极争取，只是希望等待别人改变。
邵江认为“平反”是古代或者是中共在80年代用的词句，是定错了罪，才有平反，他表示，八九学运是民主运动，也没有定罪，就不应该 用平反这个词。
在“习李上台执政是否有望平反六四？”这个问题上，邵江抱着不能期待的态度， 他说习李二人都是共产党制度下成为领导人，“怎么能够期待？”。

我们永远不会忘记他们6-4做了什么 Pt. 1