China Expands Military “With Peace In Mind”

The Chinese military, especially the navy, made great strides last year in improving its combat capabilities, enabling it to better defend the nation against threats to its sovereignty, according to analysts. As China Daily reports, less than a month after being named the head of China’s Central Military Commission, President Xi Jinping asked PLA officers to adopt realistic combat criteria in military training. “It is the top priority for the military to be able to fight and win battles,” he said during an inspection to the Guangzhou military theater of operations in December 2012. While some have suggested the rapidly expanding PLA navy is driving a seismic shift in Asia’s military balance, Chinese experts have refuted such rhetoric, saying military moves by China are only aimed at creating improved self-defense by providing capabilities to match the other parties in the region.

 

 

Via China Daily,

China should have a military that can match its power status,” said Ma Gang, a professor at the People’s Liberation Army National Defense University. “It is the only big country that has not achieved reunification and faces serious challenges to its sovereignty and several territorial disputes.”

 

 

In November, China announced the creation of the East China Sea Air Defense Identification Zone, which requires aircraft to report their flight plans and establish identification communications while flying through the zone.

 

 

Japan’s illegal purchase triggered strong protests from China and prompted it to start regular patrols around the islands last year. In July, five PLA warships steamed out of the Sea of Japan, through the Soya Strait and completed the Chinese navy’s first circumnavigation of the Japanese archipelago.

 

Cao Weidong, a researcher at the PLA Naval Military Studies Research Institute, said such activities would not increase tensions and that China’s stance remains defensive, while its naval forces are still dwarfed by traditional maritime powers.

 

“Instead, Washington is shifting 60 percent of its warships to the Pacific and Tokyo is gearing up to build a fully fledged military. China is suffering from the threat of escalating conflict,” he said.

 

James Holmes, a maritime strategist at the US Naval War College in Newport, Rhode Island, and a former US Navy surface warfare officer, said, “Naval commentators suggest the bellicose rhetoric shows that both sides are struggling to adjust to their new rivalry.

 

“And, the Japanese do regional tranquility no service by being alarmed when China’s navy transits international straits in a perfectly lawful manner,” Holmes told Reuters.

 

 

A stronger Chinese military will be able to play a bigger role in serving global peace, he said.

 

Of the five permanent members of the UN Security Council, China is the largest contributor of personnel to UN peacekeeping missions.

 

In the past five years, China has sent 16 fleets composed of 42 warships to the Gulf of Aden and waters off Somalia, escorting 5,465 vessels and rescuing 42 ships attacked by pirates.

 

It is normal for the world to have some suspicions about the Chinese military build-up, while mutual understanding can only be improved through communication.


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/4pPo43-DFVg/story01.htm Tyler Durden

China Expands Military "With Peace In Mind"

The Chinese military, especially the navy, made great strides last year in improving its combat capabilities, enabling it to better defend the nation against threats to its sovereignty, according to analysts. As China Daily reports, less than a month after being named the head of China’s Central Military Commission, President Xi Jinping asked PLA officers to adopt realistic combat criteria in military training. “It is the top priority for the military to be able to fight and win battles,” he said during an inspection to the Guangzhou military theater of operations in December 2012. While some have suggested the rapidly expanding PLA navy is driving a seismic shift in Asia’s military balance, Chinese experts have refuted such rhetoric, saying military moves by China are only aimed at creating improved self-defense by providing capabilities to match the other parties in the region.

 

 

Via China Daily,

China should have a military that can match its power status,” said Ma Gang, a professor at the People’s Liberation Army National Defense University. “It is the only big country that has not achieved reunification and faces serious challenges to its sovereignty and several territorial disputes.”

 

 

In November, China announced the creation of the East China Sea Air Defense Identification Zone, which requires aircraft to report their flight plans and establish identification communications while flying through the zone.

 

 

Japan’s illegal purchase triggered strong protests from China and prompted it to start regular patrols around the islands last year. In July, five PLA warships steamed out of the Sea of Japan, through the Soya Strait and completed the Chinese navy’s first circumnavigation of the Japanese archipelago.

 

Cao Weidong, a researcher at the PLA Naval Military Studies Research Institute, said such activities would not increase tensions and that China’s stance remains defensive, while its naval forces are still dwarfed by traditional maritime powers.

 

“Instead, Washington is shifting 60 percent of its warships to the Pacific and Tokyo is gearing up to build a fully fledged military. China is suffering from the threat of escalating conflict,” he said.

 

James Holmes, a maritime strategist at the US Naval War College in Newport, Rhode Island, and a former US Navy surface warfare officer, said, “Naval commentators suggest the bellicose rhetoric shows that both sides are struggling to adjust to their new rivalry.

 

“And, the Japanese do regional tranquility no service by being alarmed when China’s navy transits international straits in a perfectly lawful manner,” Holmes told Reuters.

 

 

A stronger Chinese military will be able to play a bigger role in serving global peace, he said.

 

Of the five permanent members of the UN Security Council, China is the largest contributor of personnel to UN peacekeeping missions.

 

In the past five years, China has sent 16 fleets composed of 42 warships to the Gulf of Aden and waters off Somalia, escorting 5,465 vessels and rescuing 42 ships attacked by pirates.

 

It is normal for the world to have some suspicions about the Chinese military build-up, while mutual understanding can only be improved through communication.


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/4pPo43-DFVg/story01.htm Tyler Durden

Tonight on The Independents: The Father of Kelly Thomas Speaks Out, Obama’s Executive Orders, Bieber’s “Molly” Problem, TV Teen Moms, Coinye West, and More!

I honestly can't take seeing that other picture any more. |||Because of pre-emption by live
event coverage, tonight’s episode of The
Independents
will first air at midnight ET instead of 9 PM
on Fox Business Network. The show will mix pop culture banter with
the heaviest of heavy topics, the latter including yesterday’s

not-guilty verdict
of the Fullerton cops who beat the homeless
and schizophrenic man Kelly Thomas to death in 2011. Thomas’ father
Ron—who Kelly was desperately crying out for on the infuriating,
heartbreaking video of
his fatal beating—will be on the show to discuss his reaction to
the verdict. Read Reason’s coverage of the case at this link.

Also up for discussion: President Barack Obama
promises/threatens a flurry of
Congress-bypassing executive orders
, which some might say
contradict his criticism of executive power
back before he was president
. And New Jersey Gov. Chris
Christie tries to
put the bridge scandal behind him
in his State of the State
Address. Addressing both will be New Jersey Republican type
Bill Spadea and

52 Reasons to Vote for Obama
author Bernard Whitman.

Or not. |||In
teenagers-misbehaving news, nosediving heartthrob Justin Bieber had
his house ransacked by cops who reportedly found an ecstasy variant
called “Molly” while investigating, um, a potentially $20,000

egg-tossing incident
; also, new study proves* that MTV’s 16
and Pregnant
leads to
fewer teen births
. Plus:
The Pope auctions his Harley
, Kanye West sues the
Bitcoin-inspired “Coinye
West
” out of existence, and more.

Again—tune in at midnight ET for the assembled
Independentsage. And heckle what you see on Twitter at @IndependentsFBN

* Ancient
Internet joke
.

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The Single Most Important Element About Stock Investing

 

… is making sure you get paid.

 

When you buy shares in a company, you want to make money.

 

However, there is no guarantee that the shares will rise in price. Indeed, if you are investing simply because you believe prices will rise, you are essentially betting that someone else will want to pay more for your shares at a later date.

 

No matter how much research you perform, there is no guarantee this will happen.

 

Dividends, however, DO make sure you make money. Because the company is actually paying you to own shares. And this makes a heck of a difference.

 

If you had invested $1 in stocks in 1950 and held onto your position until 2010, you would have made EIGHT TIMES more money through dividends than share appreciation.

 

Let me restate that: by receiving and reinvesting dividends you’d make 800% more money than without them between 1950 and 2010.

 

The difference is even more incredible if you go back further.

 

Historically dividends have accounted for 70% of all stock market gains.

 

According to a study performed by the London Business School, when you remove dividends, stocks have returned a mere 1.7% in average annual gains over the last 109 years. To put this into perspective, this is less than you’d make from owning long-term US Treasury bonds (2.1%) over the same time period.

 

Indeed, if you’d invested $1 in stocks in 1900 and reinvested your dividends, by 2009, you’d have made $582 (adjusted for inflation). Take out dividends and you’d have only seen $6 from price appreciation. Yes, $6 from 109 years’ worth of capital gains.

 

Put another way, by focusing solely on capital gains when it comes to stock investing you’re only doubling your money about every 18 years (remember, this analysis simply focuses on the returns generated by the market… which outperforms most professional and individual investors).

 

So unless you’re buying stocks with dividends, you’re likely not making diddly in the long-term.

 

Again, if you’re going to buy stocks… make sure you get PAID. And there’s no better way to do this than with dividends.

 

For a FREE Special Report outlining how to protect your portfolio from this, swing by: http://ift.tt/170oFLH

 

Best Regards

Phoenix Capital Research 

 

 

 


    



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These 10 People Collectively Own 33 Million Acres, Or 1.5% Of All US Land

It is a well-known fact that when it comes to ownership of rental properties in the US, Wall Street, and particularly Blackstone, has become the single largest landlord in the country. But what about undeveloped land? As summarized by Vizual-statistix, according to The Land Report published by Fay Ranches, the top 100 owners of US land collectively have 33 million acres in their private holdings.  This equates to about 1.5% of all USA land – that may seem like a small percentage, but it’s actually a massive area.  The chart below lays out the top 10 largest private landowners with the areas of Puerto Rico, Delaware, Rhode Island, and Washington, D.C. included for scale. As can be seen, all of the top 10 own a piece of the USA that is bigger than Rhode Island, and five have a piece that is at least as big as Delaware. John Malone, who is the largest land owner in the country with 2.2 million acres, owns private property the size of Puerto Rico.

Some additional perspective from The Land Report:

  Investing in rural, undeveloped land continues to be a popular strategy among the affluent, according to the 2013 Land Report 100, the latest annual survey and ranking of the largest private landowners in the United States just published by The Land Report and presented by Fay Ranches. Increasingly seen as a “safe deposit box with a view,” acreages continue to be purchased by leading landowners at solid rates. In 2012, the country’s top 100 landowners cumulatively increased their private holdings by 700,000 acres to a total of 33 million acres, nearly 2 percent of U.S. land mass.

 

Liberty Media Chairman John Malone and his 2.2 million acres under ownership topped the Land Report 100 list, which focuses exclusively on deeded acreage owned by individuals, families, family-owned companies and family-controlled foundations and excludes leased and public lands. Malone edged out Ted Turner, who currently possesses more than 2 million land acres. Rounding out the top five in order were: the Emmerson family, Brad Kelley and the Irving family. The 2013 edition of the Land Report 100 presented by Fay Ranches can be downloaded at http://ift.tt/1cl6OuU.

 

“It’s refreshing to continue seeing large landowners find value in aggregating their land for conservation and agriculture purposes versus parceling it out and developing it,” said land broker Greg Fay, founder of Fay Ranches, which is sponsoring the Land Report 100 for the third straight year and is a longtime supporter of the magazine. “Everyone at Fay Ranches congratulates leading landowners for their commitments to the land, to conserving our wild places and preserving our agricultural heritage.”

 

This year saw a shake-up in the top ten as Stan Kroenke elevated his position from No. 10 to No. 8 after his recent purchase of the historic Broken O Ranch, described nationally as “one of the largest agricultural operations in the Rocky Mountain West.” Kroenke also owns the 540,000-acre Q Creek Ranch, the largest contiguous ranch in the Rocky Mountains.

 

There are several landowners new to this year’s 100 list, including No. 28, Dan and Farris Wilks, billionaire brothers who recently purchased more than 400 square miles of land, mostly in the eastern half of Montana. Oil field services entrepreneurs, the Wilks brothers own the prized N Bar Ranch in Montana, which is known for its wildlife and fishery resources. Another new addition to the Land Report 100 presented by Fay Ranches is No. 96, Arthur Nicholas. The co-founder of Nicholas Investment Properties owns Wyoming’s historic Wagonhound Land and Livestock, an AQHA Ranching Heritage Breeder.

 

“America’s largest landowners continue to recognize land as a compelling asset, one whose numerous attributes go well beyond ROI,” said Eric O’Keefe, editor-in-chief of The Land Report. “It’s a story you’ll see again and again in the Land Report 100, one that features familiar faces and some new ones I’m sure readers will instantly identify. ”

So here is how Bernanke’s trickle down supposedly works: US millionaires – rich in assets – become billionaires, increasingly buying up US land, i.e., more assets, while everyone else, read the not so wealthy, buy Made in China trinkets, purchased mostly on credit so loading up on liabilities, i.e., debt.


    



via Zero Hedge http://ift.tt/1m2a8n0 Tyler Durden

The Middle East Explained – In One Minute

With Islamic extremists raising their ominous-looking flags over Falluja and Ramadi again, it’s not looking too good in Iraq (or the rest of the Middle East). Sure, Mark Firoe notes, Iraqi government forces may take back some territory they lost, but it’s never a good sign when you have to shell your own country to maintain order. Confused at the proxy-wars, terrorists, statists, and just who the US is friends with? Have no fear, the following brief clip will explain it all…

 


    



via Zero Hedge http://ift.tt/1gHcEuR Tyler Durden

Coventry medical insurance customers roiled in Piedmont contract tussle

Coventry healthcare insurance policyholders in Fayette and Coweta counties got a troubling letter in the last few days — notice that the main hospital and physicians group in this area would no longer be “in-network” for them.

If Piedmont Healthcare and Piedmont Physicians Group would no longer be available to thousands of Coventry policyholders as in-network providers, costs could skyrocket for the patients.

The uncertainty results from last-minute contract negotiations, something the Georgia Department of Insurance has no jurisdiction over, according to spokesman Glenn Allen.

read more

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Edward Snowden Joins Board of Free Press Organization

You can keep your "proper channels," thanks.Today, as a
Senate panel
debates National Security Administration metadata
bulk collection reforms – a public debate that would never have
happened without Edward Snowden leaking valuable information to the
media and ultimately the public – The Freedom of the Press
Association
announced the whistleblower at the center of the
controversy has
joined their board
of directors.

From the New York Times:

Edward J. Snowden, the former National Security Agency
contractor whose leaks of secret documents set off a national and
global debate about government spying, is joining the board of a
nonprofit organization co-founded by Daniel Ellsberg, the
well-known leaker of the Pentagon Papers during the Vietnam
War.

The announcement by the group, the Freedom of the Press
Foundation, is the latest contribution to a public relations tug of
war between Mr. Snowden’s critics, who portray him as a criminal
and a traitor, and his supporters, who say he is a whistle-blower
and source for the news media in the tradition of Mr. Ellsberg.

The foundation’s board already includes two of the journalists
Mr. Snowden gave N.S.A. documents to, Glenn Greenwald and Laura
Poitras. But the organization — which consulted with lawyers about
whether adding Mr. Snowden to its board could jeopardize its
nonprofit tax status — is trying to emphasize parallels between Mr.
Snowden and Mr. Ellsberg.

Read the full story
here
.

Follow this story and more at Reason
24/7
.

Spice up your blog or Website with Reason 24/7 news and
Reason articles. You can get the
widgets
here
. If you have a story that would be of
interest to Reason’s readers please let us know by emailing the
24/7 crew at 24_7@reason.com, or tweet us stories
at 
@reason247.

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Study Says: Drug Testing in Schools Doesn’t Work, But There Are Better Ways to Keep Kids Off Drugs

just say noA new
study
(pdf) published in the Journal of Study on Alcohol
and Drugs
based on 361 high school students assessed one year
apart finds that student drug testing “was not associated with
changes in substance use, whereas perceived positive school
climates were associated with a reduction in cigarette and
marijuana initiation and a reduction in escalation of frequency of
cigarette use.”

The study also found that neither drug testing nor a “positive
school climate” affected alcohol use, because, the study authors
claim, it is “normative.” The study defined a positive school
climate based on asking students who were followed how they felt
about whether: “(a) the rules in the school are clear, (b) teachers
can handle problems in the school, and the level of respect between
(c) students, (d) teachers for students, and (e) students for
teachers is high.”

Ten years ago, in the 2004-2005 academic year, one
in seven school districts
had some kind of random drug testing
program. Sometimes the introduction of drug testing, or even drug
dogs, in schools is met with
thunderous applause
. Sometimes some parents put up opposition.
Parents at one high school in New Jersey have recently taken their
school district to court looking for documents the district said
showed drug testing was needed, but also claimed those documents
were confidential and privileged. A state judge decided in the

parents’ favor
, awarding them $7,500 in legal fees and ruling
the school shouldn’t have withheld documents and that using private
e-mail didn’t mean they could evade open records laws. You can put
up a fight, or
let the Marge Simpsons win
.

More Reason on drug
testing
.

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Victim of Dog-Authorized Anal Assault Receives $1.6 Million Settlement

The
Associated Press
reports
that the city of Deming, New Mexico, where David Eckert
was pulled over for a rolling stop last January, and nearby Hidalgo
County, where he was taken for the ensuing
exploration
of his digestive tract, have agreed to settle his
civil rights lawsuit for $1.6 million. That amounts to about
$200,000 for each of the increasingly intrusive searches Eckert was
forced to undergo: two X-rays, two digital probes of his anus,
three enemas, and a colonoscopy, none of which discovered the
slightest trace of the drugs that police claim to have thought he
was hiding inside himself. Eckert, whose case was first
noted
here by Brian Doherty, also sued various Deming and
Hidalgo County police officers; Gila Regional Medical Center, the
Hidalgo County hospital where these indignities occurred (and which
billed him more than $6,000 for the procedures); and two
physicians, Robert Wilcox and Okay Odocha, who executed
the elaborate assault under the cover of medicine. 

“It was medically unethical and unconstitutional,” Shannon
Kennedy, Eckert’s attorney, told A.P. “He feels relieved that this
part is over and believes this litigation might make sure this
doesn’t happen to anyone else.” Eckert added:

I feel that I got some justice as I think the settlement shows
they were wrong to do what they did to me. I truly hope that no one
will be treated like this ever again. I felt very helpless and
alone on that night.

Although this measure of justice is welcome, it is too bad we
may never get a definitive ruling on the
legality
of Eckert’s humiliating ordeal, which was inflicted
based on a search warrant that police obtained by claiming a
drug-detecting dog “alerted” to the driver’s seat of Eckert’s
pickup truck. They also said he seemed nervous and was standing
with his legs together, which suggested to them that he was
concealing contraband up his butt. That last detail received a lot
of attention, but it seems clear that the warrant would not have
been issued without the alleged
dog alert
. The Supreme Court has said such evidence by itself
provides probable cause for a search unless the suspect can show
the dog is unreliable—an opportunity that does not arise until long
after the search is carried out.

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