Mosajet: Why We Celibrate Thanksgiving in the USA
Thanksgiv...: Why We Celibrate Thanksgiving in the USA Thanksgiving Day is traditionally a day for families and friends to get together for a special ...
Monday, November 19, 2012
Why We Celibrate Thanksgiving in the USA
Thanksgiving Day is traditionally a day for families and friends to get together for a special meal. The meal often includes a turkey, stuffing, potatoes, cranberry sauce, gravy, pumpkin pie, and vegetables. Thanksgiving Day is a time for many people to give thanks for what they have.
What people are saying..
The Harvest - For the past 6,000 years, ever since humanity discovered agriculture, human societies have celebrated the harvest. Globalization and industrialization has made modern man less dependent on the sesonal harvest, but we still depend upon the earth to grant us our food.
Celebrate National Holiday - In 1621, the Pilgrims had their first Thanksgiving. You might think that after 1621, the Pilgrims celebrated Thanksgiving every year, and it just eventually became a national holiday. Well, that's not true. It took a long time for this national holiday to become a real one. It was President Abraham Lincoln who declared Thanksgiving an annual national holiday. He made it a national holiday with his Thanksgiving Proclamation, in 1863. Later, President Franklin D. Roosevelt decided that the 4th Thursday in November was a excellent permanent day for this holiday.
Thanksgiving in North America had originated from a mix of European and Native traditions. Typically in Europe, festivals were held before and after the harvest cycles to give thanks for a good harvest, and to rejoice together after much hard work with the rest of the community. At the time, Native Americans had also celebrated the end of a harvest season. When Europeans first arrived to the Americas, they brought with them their own harvest festival traditions from Europe, celebrating their safe voyage, peace and good harvest.
Thanksgiving Day it is one of the busiest periods for travel in the USA. This can cause congestion and overcrowding. Seasonal parades and busy football games can cause disruption to local traffic.
Thanksgiving Day has been an annual holiday in the United States since 1863. Not everyone sees Thanksgiving Day as a cause for celebration. Each year since 1970, a group of Native Americans and their supporters have staged a protest for a National Day of Mourning at Plymouth Rock in Plymouth, Massachusetts on Thanksgiving Day. American Indian Heritage Day is also observed at this time of the year.
There are claims that the first Thanksgiving Day was held in the city of El Paso, Texas in 1598. Another early event was held in 1619 in the Virginia Colony. Many people trace the origins of the modern Thanksgiving Day to the harvest celebration that the Pilgrims held in Plymouth, Massachusetts in 1621. However, their first true thanksgiving was in 1623, when they gave thanks for rain that ended a drought. These early thanksgivings took the form of a special church service, rather than a feast.
In the second half of the 1600s, thanksgivings after the harvest became more common and started to become annual events. However, it was celebrated on different days in different communities and in some places there were more than one thanksgiving each year. George Washington, the first president of the United States, proclaimed the first national Thanksgiving Day in 1789.
History
Prayers of thanks and special thanksgiving ceremonies are common among almost all religions after harvests and at other times.[1] The holiday's history in North America is rooted in English traditions dating from the Protestant Reformation. It also has aspects of a harvest festival, even though the harvest in New England occurs well before the late-November date of the holiday[1][2]
In the English tradition, days of thanksgiving and special thanksgiving religious services became important during the English Reformation in the reign of Henry VIII and in reaction to the large number of religious holidays on the Catholic calendar. Before 1536 there were 95 Church holidays, plus 52 Sundays, when people were required to attend church and forego work and sometimes pay for expensive celebrations. The 1536 reforms reduced the number of Church holidays to 27, but some Puritans, the radical reformers of their age, wished to completely eliminate all Church holidays, including Christmas and Easter. The holidays were to be replaced by specially called Days of Fasting or Days of Thanksgiving, in response to events that the Puritans viewed as acts of special providence. Unexpected disasters or threats of judgement from on high called for Days of Fasting. Special blessings, viewed as coming from God, called for Days of Thanksgiving. For example, Days of Fasting were called on account of drought in 1611, floods in 1613, and plague in 1604 and 1622. Days of Thanksgiving were called following the victory over the Spanish Armada in 1588, and following the deliverance of Queen Anne in 1705. An unusual annual Day of Thanksgiving began in 1606 following the failure of the Gunpowder Plot in 1605, and developed into Guy Fawkes Day.[3]
In the United States
The traditional representation of where the first Thanksgiving was held in the United States, and even the Americas, has often been a subject of boosterism and debate, though the debate is often confused by mixing up the ideas of a Thanksgiving holiday celebration and a Thanksgiving religious service. According to author James Baker, this debate is a "tempest in a beanpot" and "marvelous nonsense."[12]
The reason for the earlier Thanksgiving celebrations in Canada has often been attributed to the earlier onset of winter in the north, thus ending the harvest season earlier.[22] Thanksgiving in Canada did not have a fixed date until the late 19th century. Prior to Canadian Confederation, many of the individual colonial governors of the Canadian provinces had declared their own days of Thanksgiving. The first official Canadian Thanksgiving occurred on April 15, 1872, when the nation was celebrating the Prince of Wales' recovery from a serious illness.[22] By the end of the 19th century, Thanksgiving Day was normally celebrated on November 6. However, when World War I ended, the Armistice Day holiday was usually held during the same week. To prevent the two holidays from clashing with one another, in 1957 the Canadian Parliament proclaimed Thanksgiving to be observed on its present date on the second Monday of October.[6] Since 1971, when the American Uniform Monday Holiday Act took effect, the American observance of Columbus Day has coincided with the Canadian observance of Thanksgiving.[23][24]
What people are saying..
There are many reasons to celebrate Thanksgiving as the History ..
The Harvest - For the past 6,000 years, ever since humanity discovered agriculture, human societies have celebrated the harvest. Globalization and industrialization has made modern man less dependent on the sesonal harvest, but we still depend upon the earth to grant us our food.
Celebrate National Holiday - In 1621, the Pilgrims had their first Thanksgiving. You might think that after 1621, the Pilgrims celebrated Thanksgiving every year, and it just eventually became a national holiday. Well, that's not true. It took a long time for this national holiday to become a real one. It was President Abraham Lincoln who declared Thanksgiving an annual national holiday. He made it a national holiday with his Thanksgiving Proclamation, in 1863. Later, President Franklin D. Roosevelt decided that the 4th Thursday in November was a excellent permanent day for this holiday.
Gratitude - The term "Thanksgiving" is from the English translation of the Bible, where it means "giving thanks to God'. The Pilgrims had the first Thanksgiving, because they wanted to give thanks to Squanto and the Native Americans for teaching them how to do things and live life in different ways, not just the ways the Pilgrims used to live like. Without the N.A's, they probably would have died. Today, at Thanksgiving time, we express gratitude for the good things, people, and events in our lives and the greater world around us.
Thanksgiving in North America had originated from a mix of European and Native traditions. Typically in Europe, festivals were held before and after the harvest cycles to give thanks for a good harvest, and to rejoice together after much hard work with the rest of the community. At the time, Native Americans had also celebrated the end of a harvest season. When Europeans first arrived to the Americas, they brought with them their own harvest festival traditions from Europe, celebrating their safe voyage, peace and good harvest.Public life
Most government offices, businesses, schools and other organizations are closed on Thanksgiving Day. Many offices and businesses allow staff to have a four-day weekend so these offices and businesses are also closed on the Friday after Thanksgiving Day. Public transit systems do not usually operate on their regular timetables.Thanksgiving Day it is one of the busiest periods for travel in the USA. This can cause congestion and overcrowding. Seasonal parades and busy football games can cause disruption to local traffic.
Background
There are claims that the first Thanksgiving Day was held in the city of El Paso, Texas in 1598. Another early event was held in 1619 in the Virginia Colony. Many people trace the origins of the modern Thanksgiving Day to the harvest celebration that the Pilgrims held in Plymouth, Massachusetts in 1621. However, their first true thanksgiving was in 1623, when they gave thanks for rain that ended a drought. These early thanksgivings took the form of a special church service, rather than a feast.
In the second half of the 1600s, thanksgivings after the harvest became more common and started to become annual events. However, it was celebrated on different days in different communities and in some places there were more than one thanksgiving each year. George Washington, the first president of the United States, proclaimed the first national Thanksgiving Day in 1789.
History
Prayers of thanks and special thanksgiving ceremonies are common among almost all religions after harvests and at other times.[1] The holiday's history in North America is rooted in English traditions dating from the Protestant Reformation. It also has aspects of a harvest festival, even though the harvest in New England occurs well before the late-November date of the holiday[1][2]In the English tradition, days of thanksgiving and special thanksgiving religious services became important during the English Reformation in the reign of Henry VIII and in reaction to the large number of religious holidays on the Catholic calendar. Before 1536 there were 95 Church holidays, plus 52 Sundays, when people were required to attend church and forego work and sometimes pay for expensive celebrations. The 1536 reforms reduced the number of Church holidays to 27, but some Puritans, the radical reformers of their age, wished to completely eliminate all Church holidays, including Christmas and Easter. The holidays were to be replaced by specially called Days of Fasting or Days of Thanksgiving, in response to events that the Puritans viewed as acts of special providence. Unexpected disasters or threats of judgement from on high called for Days of Fasting. Special blessings, viewed as coming from God, called for Days of Thanksgiving. For example, Days of Fasting were called on account of drought in 1611, floods in 1613, and plague in 1604 and 1622. Days of Thanksgiving were called following the victory over the Spanish Armada in 1588, and following the deliverance of Queen Anne in 1705. An unusual annual Day of Thanksgiving began in 1606 following the failure of the Gunpowder Plot in 1605, and developed into Guy Fawkes Day.[3]
In the United States
In the United States, the modern Thanksgiving holiday tradition is commonly, but not universally, traced to a poorly documented 1621 celebration at Plymouth in present-day Massachusetts. The 1621 Plymouth feast and thanksgiving was prompted by a good harvest.
In later years, religious thanksgiving services were declared by civil leaders such as Governor Bradford who planned a thanksgiving celebration and fast in 1623.[8][9][10] The practice of holding an annual harvest festival like this did not become a regular affair in New England until the late 1660s.[11]
Pilgrims and Puritans who began emigrating from England in the 1620s and 1630s carried the tradition of Days of Fasting and Days of Thanksgiving with them to New England. Several days of Thanksgiving were held in early New England history that have been identified as the "First Thanksgiving", including Pilgrim holidays in Plymouth in 1621 and 1623, and a Puritan holiday in Boston in 1631.[12][13]
Thanksgiving proclamations were made mostly by church leaders in New England up until 1682, and then by both state and church leaders until after the American Revolution. During the revolutionary period, political influences affected the issuance of Thanksgiving proclamations. Various proclamations were made by royal governors, John Hancock, General George Washington, and the Continental Congress, each giving thanks to God for events favorable to their causes.[14] As President of the United States, George Washington proclaimed the first nation-wide thanksgiving celebration in America marking November 26, 1789, "as a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many and signal favours of Almighty God".[15]
According to historian Jeremy Bangs, director of the Leiden American Pilgrim Museum, the Pilgrims may have been influenced by watching the annual services of Thanksgiving for the relief of the siege of Leiden in 1574, while they were staying in Leiden.[16]
Every year, the President of the United States will "pardon" a turkey, which spares the bird's life and ensures that it will spend the duration of its life roaming freely on farmland.[17]
Debate about first celebrations
The traditional representation of where the first Thanksgiving was held in the United States, and even the Americas, has often been a subject of boosterism and debate, though the debate is often confused by mixing up the ideas of a Thanksgiving holiday celebration and a Thanksgiving religious service. According to author James Baker, this debate is a "tempest in a beanpot" and "marvelous nonsense."[12]
Local boosters in Virginia, Florida, and Texas promote their own colonists, who (like many people getting off a boat) gave thanks for setting foot again on dry land.
—Jeremy Bangs[16]
These claims include an earlier religious service by Spanish explorers in Texas at San Elizario in 1598, as well as thanksgiving feasts in the Virginia Colony.[18] Robyn Gioia and Michael Gannon of the University of Florida argue that the earliest Thanksgiving service in what is now the United States was celebrated by the Spanish on September 8, 1565, in what is now Saint Augustine, Florida.[19][20] A day for Thanksgiving services was codified in the founding charter of Berkeley Hundred in Charles City County, Virginia in 1619.[21]
According to Baker, "Historically, none of these had any influence over the evolution of our modern holiday. The American holiday's true origin was the New England Calvinist Thanksgiving. Never coupled with a Sabbath meeting, the Puritan observances were special days set aside during the week for thanksgiving and praise in response to God's providence."[12]
Local boosters in Virginia, Florida, and Texas promote their own colonists, who (like many people getting off a boat) gave thanks for setting foot again on dry land.
—Jeremy Bangs[16]
Fixing the date of the holiday
The reason for the earlier Thanksgiving celebrations in Canada has often been attributed to the earlier onset of winter in the north, thus ending the harvest season earlier.[22] Thanksgiving in Canada did not have a fixed date until the late 19th century. Prior to Canadian Confederation, many of the individual colonial governors of the Canadian provinces had declared their own days of Thanksgiving. The first official Canadian Thanksgiving occurred on April 15, 1872, when the nation was celebrating the Prince of Wales' recovery from a serious illness.[22] By the end of the 19th century, Thanksgiving Day was normally celebrated on November 6. However, when World War I ended, the Armistice Day holiday was usually held during the same week. To prevent the two holidays from clashing with one another, in 1957 the Canadian Parliament proclaimed Thanksgiving to be observed on its present date on the second Monday of October.[6] Since 1971, when the American Uniform Monday Holiday Act took effect, the American observance of Columbus Day has coincided with the Canadian observance of Thanksgiving.[23][24]
Much like in Canada, Thanksgiving in the United States was observed on various dates throughout history. From the time of the Founding Fathers until the time of Lincoln, the date Thanksgiving was observed varied from state to state. The final Thursday in November had become the customary date in most U.S. states by the beginning of the 19th century. Thanksgiving was first celebrated on the same date by all states in 1863 by a presidential proclamation of Abraham Lincoln. Influenced by the campaigning of author Sarah Josepha Hale, who wrote letters to politicians for around 40 years trying to make it an official holiday, Lincoln proclaimed the date to be the final Thursday in November in an attempt to foster a sense of American unity between the Northern and Southern states.[25] Because of the ongoing Civil War and the Confederate States of America's refusal to recognize Lincoln's authority, the concept of "nationwide" Thanksgiving did not totally take effect until Reconstruction was completed in the 1870s.
It was not until December 26, 1941, that the unified date changed to the fourth Thursday (and not always final) in November—this time by federal legislation. President Franklin D. Roosevelt, after two years earlier offering his own proclamation to move the date earlier, with the reason of giving the country an economic boost, agreed to sign a bill into law with Congress, making Thanksgiving a national holiday on the fourth Thursday in November
Canada
Pumpkin pie is commonly served on and around Thanksgiving in North America.
Main article: Thanksgiving (Canada)
Thanksgiving or Thanksgiving Day (Canadian French: Jour de l'Action de grâce), occurring on the second Monday in October, is an annual Canadian holiday to give thanks at the close of the harvest season. Although the original act of Parliament references God and the holiday is celebrated in churches, the holiday is mostly celebrated in a secular manner. Thanksgiving is a statutory holiday in all provinces in Canada, except for New Brunswick and Nova Scotia. While businesses may remain open in these provinces, the holiday is nonetheless, recognized and celebrated regardless of its status.[26][27][28][29][30]
United States
Main article: Thanksgiving (United States)
Thanksgiving or Thanksgiving Day, currently celebrated on the fourth Thursday in November by federal legislation in 1941, has been an annual tradition in the United States by presidential proclamation since 1863 and by state legislation since the Founding Fathers of the United States. Historically, Thanksgiving began as a tradition of celebrating the harvest of the year.[31]
Other observances known as Thanksgiving
See also: List of harvest festivals
Germany
In Germany, an early October festival is known as Erntedankfest, or the Harvest Thanksgiving Festival. The festival has a significant religious component to it but also, like its North American counterpart, includes large harvest dinners (consisting mostly of autumn crops) and parades. The Bavarian beer festival Oktoberfest generally takes place within the vicinity of Erntedankfest.
Grenada
In the West Indian island of Grenada, there is a national holiday known as Thanksgiving Day which is celebrated on October 25. Even though it bears the same name, and is celebrated at roughly the same time as the American and Canadian versions of Thanksgiving, this holiday is unrelated to either of those celebrations. Instead the holiday marks the anniversary of the U.S.-led invasion of the island in 1983, in response to the deposition and execution of Grenadian Prime Minister Maurice Bishop.[32]
Korea
Main article: Chuseok
In Korean culture, the festival of Chuseok is celebrated typically around Fall, and fills a similar social role as Thanksgiving, though the origins and traditions are different. In English translations, Chuseok is often described as "Korean Thanksgiving" as well.[33]
Japan
Main article: Labor Thanksgiving Day
Labor Thanksgiving Day (勤労感謝の日 Kinrō Kansha no Hi) is a national holiday in Japan. It takes place annually on November 23. The law establishing the holiday, which was adopted during the American occupation after World War II, cites it as an occasion for commemorating labor and production and giving one another thanks. It has roots in an ancient harvest ceremony (Niiname-sai (新嘗祭)) celebrating hard work.
Liberia
In the West African country of Liberia, which beginning in 1820, was colonized by free blacks from the United States (most of whom had been formerly enslaved), Thanksgiving is celebrated on the first Thursday of November.[34]
The Netherlands
Many of the Pilgrims who migrated to the Plymouth Plantation had resided in the city of Leiden from 1609–1620, many of whom had recorded their birth, marriages and deaths at the Pieterskerk.[35] To commemorate this, a non-denominational Thanksgiving Day service is held each year on the morning of the American Thanksgiving Day in the Pieterskerk, a Gothic church in Leiden, to commemorate the hospitality the Pilgrims received in Leiden on their way to the New World.[36]
Norfolk Island
In the Australian external territory of Norfolk Island, Thanksgiving is celebrated on the last Wednesday of November, similar to the pre-World War II American observance on the last Thursday of the month. This means the Norfolk Island observance is the day before or six days after the United States' observance. The holiday was brought to the island by visiting American whaling ships.[37]
Friday, November 9, 2012
Mosajet: I know is not only me it is for everyone who vote ...
Mosajet: I know is not only me it is for everyone who vote ...: Mohsen -- President Obama made a surprise visit to the campaign office in Chicago yesterday to give a heartfelt thank-you to staff and vo...
I know is not only me it is for everyone who vote and believe in president Obama just like me..
Mohsen --
President Obama made a surprise visit to the campaign office in Chicago yesterday to give a heartfelt thank-you to staff and volunteers.
I wanted to pass this video along, because it's a message every single person who helped build this campaign deserves to see. He wasn't just talking to those of us in the office -- he was talking to all of you.
In his speech on Election Night, President Obama gave you all the title you have spent the last year and a half earning:
"The best campaign team and volunteers in the history of politics."
So many times in this election, this campaign was counted out. They said our supporters wouldn't turn out, and we'd never see the kind of voter participation we saw in 2008. They said we'd be buried in money and special-interest influence. And they said that no campaign could overcome the political headwinds we faced.
Last year, a major American newspaper asked, "Is Obama toast?" As recently as two weeks ago, another ran this headline: "Can Obama win?"
Tuesday night, you all answered all of those doubts with a resounding YES WE CAN. By knocking on doors, organizing phone banks, and chipping in a few bucks when you could, you built a campaign that is unparalleled. And you re-elected our president.
You also proved that millions of ordinary people taking ownership of a cause is still the most powerful force in our political process. You showed that grassroots organizing and small donations are not only the right way to win, but also the most effective way.
How we got here must guide where we go. If we're going to accomplish the things America voted for on Tuesday, you've got to be even more involved in getting them done than you were in giving us all the chance.
We'll be in touch soon about how we can get started on some of the President's top priorities in his second term.
For now, I just want to say I am so proud of this team. And I can't wait to see where you take this incredible movement from here.
Thank you -- more to come,
Messina
Jim Messina
Campaign Manager
Obama for America
President Obama made a surprise visit to the campaign office in Chicago yesterday to give a heartfelt thank-you to staff and volunteers.
I wanted to pass this video along, because it's a message every single person who helped build this campaign deserves to see. He wasn't just talking to those of us in the office -- he was talking to all of you.
In his speech on Election Night, President Obama gave you all the title you have spent the last year and a half earning:
"The best campaign team and volunteers in the history of politics."
So many times in this election, this campaign was counted out. They said our supporters wouldn't turn out, and we'd never see the kind of voter participation we saw in 2008. They said we'd be buried in money and special-interest influence. And they said that no campaign could overcome the political headwinds we faced.
Last year, a major American newspaper asked, "Is Obama toast?" As recently as two weeks ago, another ran this headline: "Can Obama win?"
Tuesday night, you all answered all of those doubts with a resounding YES WE CAN. By knocking on doors, organizing phone banks, and chipping in a few bucks when you could, you built a campaign that is unparalleled. And you re-elected our president.
You also proved that millions of ordinary people taking ownership of a cause is still the most powerful force in our political process. You showed that grassroots organizing and small donations are not only the right way to win, but also the most effective way.
How we got here must guide where we go. If we're going to accomplish the things America voted for on Tuesday, you've got to be even more involved in getting them done than you were in giving us all the chance.
We'll be in touch soon about how we can get started on some of the President's top priorities in his second term.
For now, I just want to say I am so proud of this team. And I can't wait to see where you take this incredible movement from here.
Thank you -- more to come,
Messina
Jim Messina
Campaign Manager
Obama for America
Mosajet: Computer in 2013 is going to be obsolete..!!
Mosajet: Computer in 2013 is going to be obsolete..!!: There are somewhere between two and three billion computers in the world right now. And every last one is about to become obsolete. S...
Computer in 2013 is going to be obsolete..!!
There are somewhere between two and three billion computers in the world right now.
And every last one is about to become obsolete.
Sorry, but yes, that goes for the computer you're using to read this.
It's a fundamental redesign of computing power that has been 50 years in the making.
You could probably manage to hang on to your current computer for a year or two, if you're patient. But once your friends and neighbors start showing off the incredible speed and power of their new gadgets, or it turns out that incredible new software you've been eyeing won't run on your current computer, well, it's only a matter of time until you'll sign up this game-changing upgrade.
And consumer upgrades are just the beginning.
I predict this key breakthrough technology will soon have a dramatic impact on everything from artificial intelligence and robotics to medical research to aerospace to gaming and beyond.
It's very rare that a new technology truly represents a "sea change" across so many industries and applications. The last one of this enormity was the advent of the transistor in the late 1950s - the basis of modern electronics and undoubtedly the greatest invention of the 20th century.
And when this next breakthrough makes its debut on April 29, 2012, I believe it will deliver a bonanza payday for two very savvy companies and their investors.
And every last one is about to become obsolete.
Sorry, but yes, that goes for the computer you're using to read this.
It's a fundamental redesign of computing power that has been 50 years in the making.
You could probably manage to hang on to your current computer for a year or two, if you're patient. But once your friends and neighbors start showing off the incredible speed and power of their new gadgets, or it turns out that incredible new software you've been eyeing won't run on your current computer, well, it's only a matter of time until you'll sign up this game-changing upgrade.
And consumer upgrades are just the beginning.
I predict this key breakthrough technology will soon have a dramatic impact on everything from artificial intelligence and robotics to medical research to aerospace to gaming and beyond.
It's very rare that a new technology truly represents a "sea change" across so many industries and applications. The last one of this enormity was the advent of the transistor in the late 1950s - the basis of modern electronics and undoubtedly the greatest invention of the 20th century.
And when this next breakthrough makes its debut on April 29, 2012, I believe it will deliver a bonanza payday for two very savvy companies and their investors.
Mosajet: I am not againest President Obama just trying to ...
Mosajet: I am not againest President Obama just trying to ...: I am not againest President Obama just trying to think out loud and see other people oppnion in order to help understanding and see betwee...
Mosajet: If you have cash NowI am 100% certain at this ti...
Mosajet: If you have cash Now
I am 100% certain at this ti...: If you have cash Now I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to ...
I am 100% certain at this ti...: If you have cash Now I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to ...
I am not againest President Obama just trying to think out loud and see other people oppnion in order to help understanding and see between the cloud.Will President Obama Be Able to Stand Up To China?
While U.S. Presidential headlines dominate the airwaves this week, there is another "election" under way thousands of miles from our own shores that may be even more important when it comes to your money.
The 18th National Party Congress is now underway in Beijing. Attendees are girding for a week of symbolic posturing and speeches, the culmination of which will be a new set of Chinese leaders and a new Chinese President for the next 10 years.
While this is a complicated process when things are running smoothly, this particular Congress is really critical. China is a mess. Recent economic challenges and corruption on a scale that has boggled even the most jaded of insiders are at the top of the "fix it" list.
Outgoing Chinese President Hu Jintao's replacement and China's presumptive new leader looks to be a man named Xi Jinping.
At 59 years old, he's a power player with close ties to the People's Liberation Army (PLA).
While he's not a military man per se, as the son of a revolutionary general he currently holds several significant offices that give him wide-ranging and very significant exposure to both the State and Communist Party.
What's significant about this is that there are three parallel strands in Chinese government structure: the Communist Party, State, and Military.
The Party and State are deeply intertwined, but the military is less so, except at the top levels of leadership. Consequently, China's new leader is intimately familiar with the Chinese military and also the likely new head of China's Central Military Commission.
I'm not so sure we've ever seen this exact combination before and I think it's going to challenge President Barack Obama in ways that he hasn't thought through yet.
The 18th National Party Congress is now underway in Beijing. Attendees are girding for a week of symbolic posturing and speeches, the culmination of which will be a new set of Chinese leaders and a new Chinese President for the next 10 years.
While this is a complicated process when things are running smoothly, this particular Congress is really critical. China is a mess. Recent economic challenges and corruption on a scale that has boggled even the most jaded of insiders are at the top of the "fix it" list.
Outgoing Chinese President Hu Jintao's replacement and China's presumptive new leader looks to be a man named Xi Jinping.
At 59 years old, he's a power player with close ties to the People's Liberation Army (PLA).
While he's not a military man per se, as the son of a revolutionary general he currently holds several significant offices that give him wide-ranging and very significant exposure to both the State and Communist Party.
What's significant about this is that there are three parallel strands in Chinese government structure: the Communist Party, State, and Military.
The Party and State are deeply intertwined, but the military is less so, except at the top levels of leadership. Consequently, China's new leader is intimately familiar with the Chinese military and also the likely new head of China's Central Military Commission.
I'm not so sure we've ever seen this exact combination before and I think it's going to challenge President Barack Obama in ways that he hasn't thought through yet.
China's Drive For Respect
China is not only more powerful economically, but the nation has grown significantly more confident in recent years, especially as it fills the tremendous gaps created by the Global Financial Crisis.China is notoriously secretive about its intentions, but there are a few clues to what President Obama and his advisers will have to contend with.
For example, Mr. Xi spoke in Washington earlier this year at a luncheon for executives and diplomats as part of a five-day tour.
In his remarks, which were viewed as a major policy statement, Xi explicitly said that there should be "respect" for both Chinese and United States interests.
He also noted the need for "increasing mutual understanding and strategic trust."
That sounds innocuous enough if you take his remarks at face value in English. But if you translate them into Chinese diplomatic speak, a very different message was delivered.
I've talked about this before in Money Morning, highlighting the cultural context behind key phrases and language delivered by Chinese and Japanese diplomats for international consumption.
And that's really what Xi's statement was, a carefully worded, exquisitely postured message. His presumptive appointment is also a warning of sorts.
I say this because the words "mutual" and "respect" are about as loaded as they come, especially when they are used in the same sentence.
Mr. Xi was not playing to the American media nor even our leaders. What he was counting on was that his message would be re-translated into Chinese.
He knows that respect in the Chinese sense of the word involves the mutual acknowledgement of position and, more importantly, status.
According to Chuck Gitomer, a policy and political expert who has spent decades studying the Chinese, there's a sense of victimhood that the Party has cultivated over the decades that China was subject to foreign slights and indignities when they were weak.
In conjunction with the nationalist card, which is recently particularly visible in China's irredentist position taken over the Diaoyu/Senkaku Islands, Gitomer notes, "this demand for respect will be reciprocated only when the foreigners meet that demand."
I agree.
So, in as much as Mr. Xi made a statement in Washington, what he really did was put Washington on notice that China expects to be treated as an equal on the world's stage.
Very shortly, we're going to see what exactly he meant by that.
On the one hand, Mr. Xi and President Obama have a golden opportunity to put the currently strained relations between the United States and China back on track. His remarks were intended to convey his willingness to work with the United States.
On the other, he's got precisely the wrong background if that's the case. What China needs is a leader with the authority to make great leaps in progress by taking bold chances to move things ahead, rather than risk being trapped in problematic posturing.
In that sense, Obama's not the guy, either. He is woefully unprepared to move away from the heat of politics and engage in true bridge building.
Instead, what China appears to be choosing is a man who spent the bulk of his career in the Zhejiang and Fujian provinces fostering industrial relations with Taiwan before moving for a few years to Shanghai's political structure, then on to Beijing's political "mother hive."
That means he's had very little international exposure until becoming Vice President. Evidently, though, in his defense, he's making the rounds. The New York Times recently reported that Mr. Xi has visited more than 50 countries since becoming Vice President.
Personally speaking, we know relatively little about him.
For example, Mr. Xi apparently loves American movies. He has visited the United States six times. His daughter, Xi Mingze, studies at Harvard under an assumed name. His wife, Peng Liyuan, is a famous folk singer. But that's about it.
So what does all this mean?
Assuming Mr. Xi does, in fact, become China's next leader when the Congress concludes next week, I think we'll see a few things happen.We will see posturing internally but not a lot of action nor reform. Mr. Xi's status as a "sent-down" youth is extraordinarily important, notes Gitomer. It buys him significant political capital. His past dealings with high-profile corruption scandals gives him the air of an incorruptible official.
Of course, we know that's not true since his family has accumulated multiple billions of euros worth of investment holdings, but it makes a nice story domestically, especially when the great firewall keeps the masses from finding out too much.
Expect China to continue to buy global resources companies. China's growth will continue on a pace that's faster than the United States, Europe and likely Japan combined. And it needs fuel quite literally to pull that off.
Mr. Xi will aggressively encourage offshore globalization. The nation is anxious to flex its economic muscles.
Unfortunately, China is also anxious to flex its military muscles. That means we'll also likely see more nationalistic posturing in international trade and politics. The Diaoyu/Senkaku Islands are but a small insight into how mainland China views the world. Similar disputes with the Philippines, Vietnam and even Korea offer a glimpse into an increasingly hawkish contingent that's coming to the top with Mr. Xi.
Since China believes it is a rising power while the U.S. is a declining power, the danger is growing that China will actually use military force to protect its interests. Taiwan is not the prize, as most Westerners believe; being able to engage American carriers in deep water while forcing them to "stand off" is. Long range weapons systems are a top priority at the moment.
Here in the U.S., this will set off all sorts of alarms in the military industrial complex, not to mention inside the Beltway.
But longer term, it's probably not worth the worry. When China realizes that international behavioral norms are worth more money, they'll come to their senses. They're as pragmatic as any capitalist in that sense.
And finally, pay careful attention to regional economics.
China is openly seeking regional economic domination while courting long- held U.S. alliances with Singapore (wary of the communists), Australia (wary but hopeful of the economic hegemons), and South Korea, (they understand what being forced into vassal state status is about) for example. Even Japan is viewed as a resource behind closed doors, rather than the enemy, as is commonly perceived by citizens around the world.
An Investor's Guide to the New Chinese Leadership
When it comes to your money there are a couple of key takeaways.First, while investing in China directly can be great if you've got a long enough time horizon and a willingness to tolerate volatility, the better plays are going to be big, state- involved entities, particularly if they're energy related.
CNOOC Ltd. (NYSE ADR: CEO) is a good example. It's China's third- largest energy player and a leading offshore/onshore producer that accounts for nearly a million barrels a day of production. It's got emerging markets exposure and, with close ties to Beijing, is a likely avenue for overseas acquisitions.
Second, U.S. and European defense contractors may pick up significant business if China does, in fact, become more aggressive in the region. I particularly like Raytheon Co. (NYSE: RTN) because of its diverse offerings and advanced weapons platform logistics.
The key here is that investors can play China's emergence while enjoying the benefits of stricter reporting requirements and a greater probability of honest balance sheets.
Third, consider the Chinese Yuan itself. You can open Yuan- denominated savings, time and demand based accounts directly through Bank of China branches in the United States, Canada and Europe. Or, perhaps an investment in the Chinese Renminbi deposit account through Everbank is more your speed. There are also RMB Exchange- Traded Notes.
China wants the Yuan to be a hub for international trade and considers Yuan- denominated accounts an important component of that process.
That's why the nation has already signed 1.3 trillion Yuan of currency swap agreements with 14 nations, including Russia, Japan, Brazil, Australia, and Turkey to name a few, according to Forbes and The Wall Street Journal. These agreements make it increasingly powerful at a time when Western fiat currencies are failing.
In closing, the situation is obviously fluid. However, I'll do my best to update you on what's important and what's new.
I'll also continue to identify what I believe are the best investment opportunities created by circumstances like this that are not yet understood in the Western world.
Sunday, November 4, 2012
Mosajet: If you have cash NowI am 100% certain at this ti...
Mosajet: If you have cash Now
I am 100% certain at this ti...: If you have cash Now I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to ...
I am 100% certain at this ti...: If you have cash Now I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to ...
If you have cash Now
I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to buy with the little money you have.
I have lots of clients calling me for 5000 value homes,I say Still available today,just buy any dirt for tomorrow It will for sure will worth money or I will buy it from you buy the end of the year with 15% recovery on your money!! otherwise you will double or triple you invested money in two years.
I am not kidding you DEAR;
Further more I am welling to give a guarantee for your invested money in real Deed in your name and make sure that I find another investor after short time to buy it from you.
I am not going to talk to much about that but I have a six sense and It will happened and It is better and more secured than the stock market.
Good luck everyone.
I am 100% certain at this time more than ever that the Real Estate market is growing,means that is the best time to buy with the little money you have.
I have lots of clients calling me for 5000 value homes,I say Still available today,just buy any dirt for tomorrow It will for sure will worth money or I will buy it from you buy the end of the year with 15% recovery on your money!! otherwise you will double or triple you invested money in two years.
I am not kidding you DEAR;
Further more I am welling to give a guarantee for your invested money in real Deed in your name and make sure that I find another investor after short time to buy it from you.
I am not going to talk to much about that but I have a six sense and It will happened and It is better and more secured than the stock market.
Good luck everyone.
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