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Jan 13, 2012 | Posted by: roboblogger

Chaos at Beijing iPhone 4S launch causes sales halt [video]

Full story: Boy Genius

Pent up demand for Apple's latest smartphone caused the company to halt sales of its just-released iPhone 4S in Beijing, China on Friday, fearing for the safety of its sales staff.

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42NYN78c

Beijing, China

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#1
Jan 14, 2012
 

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That is retarded. Folks, there's more to life than getting your stupid new iPhone.

...get a LIFE already!
Ching Cheng

Clarksville, MD

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#2
Jan 14, 2012
 

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aaple/us are robbing Chinese blind in both ways...cheap labor and s4....
Hill

Sydney, Australia

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#3
Jan 14, 2012
 
Ching Cheng wrote:
aaple/us are robbing Chinese blind in both ways...cheap labor and s4....
From a racist mouth!
YUP

New York, NY

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#4
Jan 14, 2012
 
Relax, all those people got paid 50 bucks by Apple to create a scene. Publicity purposes.

They got the idea from Air Jordans;

http://www.youtube.com/watch...
hmm

Satellite Provider

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#5
Jan 14, 2012
 

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Ching Cheng wrote:
aaple/us are robbing Chinese blind in both ways...cheap labor and s4....
Blame yourself, and of course, CCP.
Ching Cheng

Clarksville, MD

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#6
Jan 14, 2012
 
Apple CEO’s Stock Options Lift 2011 Compensation to $378 Million...AAPL/US are robbing China and Chinese from cheap labor....

http://www.businessweek.com/news/2012-01-11/a...
Gook Wen Jiabao

Newark, CA

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#7
Jan 14, 2012
 
42NYN78c wrote:
That is retarded. Folks, there's more to life than getting your stupid new iPhone.
...get a LIFE already!
Agreed !
U owe 65 trillion

Brooklyn, NY

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#8
Jan 14, 2012
 
at least they have the money to buy the latest gadgets...

you americans are just poor these days ;)
Gook Wen Jiabao

Newark, CA

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#9
Jan 14, 2012
 
U owe 65 trillion wrote:
at least they have the money to buy the latest gadgets...
you americans are just poor these days ;)
So China Superior licks AssUSA ?
U owe 65 trillion

Brooklyn, NY

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#10
Jan 14, 2012
 
Gook Wen Jiabao wrote:
<quoted text>
So China Superior licks AssUSA ?
please dummy the USA is kissing Chinese a$$$ these days...
.
.

Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout

September 11, 2008

By William Patalon III, Executive Editor, Money Morning


For anyone who still doubted the growing global influence of such emerging powerhouses as China, consider this: The U.S. government's decision to take control of foundering mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) was driven not by worries about the fading U.S. housing market, but by concerns that foreign central banks in China, Japan, Europe, the Middle East and Russia might stop buying our bonds.


The government apparently felt it had no choice. As speculation about the possible collapse of the two firms spiraled higher in recent weeks, central banks, sovereign wealth funds and foreign investors throughout the world were reportedly threatening to halt their purchases of Fannie and Freddie debt, grousing that the mounting risk was making them leery of buying any more bonds. And that would make it virtually impossible for the two mortgage operators – and by extension, the U.S. mortgage market – to function effectively.

Fannie and Freddie together own or guarantee about half of the country's $12 trillion in mortgage debt. On Sunday, however, Federal Housing Finance Agency Director James Lockhart said the two companies' market share of newly issued mortgages had actually exceeded 80% earlier this year, before falling off recently.

And yet, that wasn't the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. "Hank" Paulson: It was the $5.2 trillion in so-called Fannie and Freddie "agency debt" – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion.

With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac.

If China were to lose confidence in the U.S. currency – dumping the dollar – it's hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.


"I suspect this is the first case where foreign central banks exercised their leverage as creditors to push the U.S. government to make a policy decision that protected their interests," said Setser, who has tracked rising foreign investment in Fannie, Freddie and other debt issued by U.S. agencies.

Tine Olsen, an economist with Moody's/Economy.com, wrote in a recent research note that because "the debt issued by Fannie Mae and Freddie Mac is now essentially backed by the U.S. Treasury, holders no longer need to fear losing their investments. A great sigh of relief will have reverberated through the markets in Asia when the U.S. Treasury injection of capital was announced."


FreedomWorks, a conservative non-profit organization that's based in Washington, characterized the Fannie Mae/Freddie Mac bailout as a deal by politicians that's nothing more than a transfer of "possibly hundreds of billions of U.S. tax dollars to sophisticated investors and governments overseas."

According to FreedomWorks President Matt Kibbe, "the prospectus for every GSE bond clearly states that it is not backed by the United States government. That's why investors holding agency bonds already receive a significant risk premium over Treasuries … a bailout of GSE bondholders would be perhaps the greatest taxpayer rip-off in American history. It is bad economics and you can be sure it is terrible politics."

moneymorning.com/2008/09/11/fnm
42NYN78c

Beijing, China

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#11
Jan 14, 2012
 
U owe 65 trillion wrote:
at least they have the money to buy the latest gadgets...
you americans are just poor these days ;)
Ah, I see. The classic case of 'keeping up with the Jones'. Chinese people (since they are irreligious and ammoral) seem to believe that if they can just buy the latest iPhone and Hello Kitty products, that will make them 'equal to' or 'greater' than the west. It's about the 'latest' and 'greatest' trendy trinket in Chinese. It is a point of fact that the Chinese are the shallowest, greediest, from superficial people in the world. They have all the depth of rice paper, and are as intellectually interesting as a year old cracker.

They seem to honestly believe that if they put up enough neon lights, shoot enough fireworks, and buy enough iPhones, furry boots, Hello Kittys, and Nike's, they will be better than the west.

What this shows is that they have absolutely not an inkling about the west. The new iPhone doesn't demonstrate how much money Chinese have. They are still impoverished. It just demonstrates how herd-minded, greedy, and desperate they really are to appear 'successfulness' to other Chinese.

In China, money and new electronic trinkets are everything. It is truly ironic to realize that China has created the worst greed, herd-mindedness, and bourgeoisie the world has ever seen.

At first it seems hilarious. But when you've seen how pathetic it is, it just sad. There is no saving face for China. They sold their face to buy a new iPhone and KFC chicken sandwich.
RayH

Shenzhen, China

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#12
Jan 14, 2012
 
42NYN78c wrote:
<quoted text>
Ah, I see. The classic case of 'keeping up with the Jones'. Chinese people (since they are irreligious and ammoral) seem to believe that if they can just buy the latest iPhone and Hello Kitty products, that will make them 'equal to' or 'greater' than the west. It's about the 'latest' and 'greatest' trendy trinket in Chinese. It is a point of fact that the Chinese are the shallowest, greediest, from superficial people in the world. They have all the depth of rice paper, and are as intellectually interesting as a year old cracker.
They seem to honestly believe that if they put up enough neon lights, shoot enough fireworks, and buy enough iPhones, furry boots, Hello Kittys, and Nike's, they will be better than the west.
What this shows is that they have absolutely not an inkling about the west. The new iPhone doesn't demonstrate how much money Chinese have. They are still impoverished. It just demonstrates how herd-minded, greedy, and desperate they really are to appear 'successfulness' to other Chinese.
In China, money and new electronic trinkets are everything. It is truly ironic to realize that China has created the worst greed, herd-mindedness, and bourgeoisie the world has ever seen.
At first it seems hilarious. But when you've seen how pathetic it is, it just sad. There is no saving face for China. They sold their face to buy a new iPhone and KFC chicken sandwich.
If you don't like China, you can LEAVE. So, GET OUT!

Since: Aug 08

Shanghai, China

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#15
Jan 14, 2012
 
42NYN78c wrote:
<quoted text>
Ah, I see. The classic case of 'keeping up with the Jones'. Chinese people (since they are irreligious and ammoral) seem to believe that if they can just buy the latest iPhone and Hello Kitty products, that will make them 'equal to' or 'greater' than the west. It's about the 'latest' and 'greatest' trendy trinket in Chinese. It is a point of fact that the Chinese are the shallowest, greediest, from superficial people in the world. They have all the depth of rice paper, and are as intellectually interesting as a year old cracker.
They seem to honestly believe that if they put up enough neon lights, shoot enough fireworks, and buy enough iPhones, furry boots, Hello Kittys, and Nike's, they will be better than the west.
What this shows is that they have absolutely not an inkling about the west. The new iPhone doesn't demonstrate how much money Chinese have. They are still impoverished. It just demonstrates how herd-minded, greedy, and desperate they really are to appear 'successfulness' to other Chinese.
In China, money and new electronic trinkets are everything. It is truly ironic to realize that China has created the worst greed, herd-mindedness, and bourgeoisie the world has ever seen.
At first it seems hilarious. But when you've seen how pathetic it is, it just sad. There is no saving face for China. They sold their face to buy a new iPhone and KFC chicken sandwich.
90% of the people stand in front of Apple stores are pretending to make apple IPhone 4 hot, they are Tuo-er paid bu Apple
China

Clarksville, MD

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#16
Jan 14, 2012
 

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The problem with China is the Chinese folks love foreign products especially U.S products even they are made in China....just like Chinese women love white men....
China

Clarksville, MD

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#17
Jan 14, 2012
 
China is nuts!!!

http://www.youtube.com/watch...

I can buy 4s here as many as I want...
RayH

Shenzhen, China

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#18
Jan 14, 2012
 
China wrote:
The problem with China is the Chinese folks love foreign products especially U.S products even they are made in China....just like Chinese women love white men....
Yes, China would become the world's largest importer in just 2 years. Better start on your Mandarin lessons.
42NYN78c

Beijing, China

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#19
Jan 14, 2012
 
RayH wrote:
<quoted text>
If you don't like China, you can LEAVE. So, GET OUT!
The inability to take critique or constructive criticism is the sure sign of a total fool.

I think I'll stay for a while. China really needs me.

Truth is that Chinese people live for smart phones because they have nothing else to do. iPhones are the only little trinkets that give their lives any meaning. That way they can text 15 different people about which furry boots to buy and which Hello Kitty is in fashion at the moment.

China is a very silly place, in fact. In the west, China is marketed as a place of beautiful mountains, river, deep and profound thinking, and great food. Nothing could be farther from the truth. Fact is that Chinese will eat anything. Bugs, snails, fungus, strange bottom feeding fish, rotten eggs,...anything. Have you ever been to an Asian market? It's a scary sight.

Chinese have absolutely no culture at all. And whatever culture they do have is shallow and dissolute at best. The most important holiday in China is the Spring Festival at Chinese New Year. This is a month long debauch where everyone sits at home with their family and gets as drunk as humanly possibly while shooting off fireworks at random moments of the day (like 4:00 AM when everyone is trying to sleep).

Chinese people are ignorant beyond description. I thought Americans were ignorant before I came to China. These people make California valley girls look positively ingenious. They're books and bookstores are censored and stifled. They have no interesting books here. Only books about gods they worship like Steve Jobs. And the saddest part of it is they think they are being like the west. It is indescribable.

Thank God for the CCP. I do agree with Mao on one point--a despotic dictatorship is the only form of government that would work in China. These backward, amoral, dishonest, petty thieving peasants would destroy themselves collectively if they were not under Communism. They are too ignorant and dishonest for democracy. It's sad, but true. They killed each other in war after the other for centuries.

Basically, Mao came in and told China, "Look you bunch of morons, I'm your new Empereror, do what I say or die." So all the Chinese fell in place, because they are incapable or freethinking or individual expression. They are the Borg collective.

So God bless the CCP and God bless China. I need to be in China to help these poor people. I feel sorry for them. They need a friend.
RayH

Shenzhen, China

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#20
Jan 14, 2012
 
42NYN78c wrote:
<quoted text>
The inability to take critique or constructive criticism is the sure sign of a total fool.
I think I'll stay for a while. China really needs me.
Truth is that Chinese people live for smart phones because they have nothing else to do. iPhones are the only little trinkets that give their lives any meaning. That way they can text 15 different people about which furry boots to buy and which Hello Kitty is in fashion at the moment.
China is a very silly place, in fact. In the west, China is marketed as a place of beautiful mountains, river, deep and profound thinking, and great food. Nothing could be farther from the truth. Fact is that Chinese will eat anything. Bugs, snails, fungus, strange bottom feeding fish, rotten eggs,...anything. Have you ever been to an Asian market? It's a scary sight.
Chinese have absolutely no culture at all. And whatever culture they do have is shallow and dissolute at best. The most important holiday in China is the Spring Festival at Chinese New Year. This is a month long debauch where everyone sits at home with their family and gets as drunk as humanly possibly while shooting off fireworks at random moments of the day (like 4:00 AM when everyone is trying to sleep).
Chinese people are ignorant beyond description. I thought Americans were ignorant before I came to China. These people make California valley girls look positively ingenious. They're books and bookstores are censored and stifled. They have no interesting books here. Only books about gods they worship like Steve Jobs. And the saddest part of it is they think they are being like the west. It is indescribable.
Thank God for the CCP. I do agree with Mao on one point--a despotic dictatorship is the only form of government that would work in China. These backward, amoral, dishonest, petty thieving peasants would destroy themselves collectively if they were not under Communism. They are too ignorant and dishonest for democracy. It's sad, but true. They killed each other in war after the other for centuries.
Basically, Mao came in and told China, "Look you bunch of morons, I'm your new Empereror, do what I say or die." So all the Chinese fell in place, because they are incapable or freethinking or individual expression. They are the Borg collective.
So God bless the CCP and God bless China. I need to be in China to help these poor people. I feel sorry for them. They need a friend.
That's because you can not find a JOB elsewhere, you bum. Poor LOSER.
42NYN78c

Beijing, China

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#21
Jan 14, 2012
 

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RayH wrote:
<quoted text>
That's because you can not find a JOB elsewhere, you bum. Poor LOSER.
Are you suggesting that only bums and losers would live in China?

You might be right, but I'm really here to help. I'm a humanitarian worker. Ignorant, backward people are my business. And business is good.
RayH

Shenzhen, China

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#22
Jan 15, 2012
 
42NYN78c wrote:
<quoted text>
Are you suggesting that only bums and losers would live in China?
You might be right, but I'm really here to help. I'm a humanitarian worker. Ignorant, backward people are my business. And business is good.
Humanitarian worker with a shit attitude. Maybe you should go back to your backward ass home, which is sinking economically.

Better yet, go patch up some of the countries you destroyed.

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