China Cracking down on Rich Kids

Discussion in 'In the News' started by glt1980, Jul 9, 2015.

  1. glt1980

    glt1980 Well-Known Member

    Came across this story today even though it has nothing to do with WWBM thought it was very interesting. It seems that the public in China has grow tired of the offspring of it's rich citizens and the government has stepped in and decided to do something about it.

    http://www.dailymail.co.uk/news/article-3153301/China-cracks-sex-partying-Ferrari-driving-money-burning-fuerdai-generation-super-rich-shallow-spoiled-brats.html

    Their dogs wear gold Apple Watches. They smash up supercars like they are toys. They boastfully post pictures of their bank statements online. They hide behind their parents' clout when they get in trouble with the law. And they make the Rich Kids Of Instagram look like penny-pinchers.
    They are China's young 'fuerdai', which translates as 'rich second generation'. And many in the country – including Chinese President Xi Jinping – fear that their money-burning lifestyles are getting dangerously out of control.
    And after a massive public backlash against the fuerdai, Xi demanded that they be taught the value of money - so 70 of the billionaires' children were sent to a 'social responsibility' retreat where the fine for turning up late was £103.


    Read more: http://www.dailymail.co.uk/news/art...rich-shallow-spoiled-brats.html#ixzz3fQ4PeBTf
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  2. goodlove

    goodlove New Member

    Commie chumps.....
    I dont disagree with the intent but thats the parents job
     
  3. Soulthinker

    Soulthinker Well-Known Member

    Really? They have not proven they get the kids of the men who ruled China.
     
  4. Gorath

    Gorath Well-Known Member

    I think that after the arrest of Jackie Chan's son. They decided to look at the children of their country's wealthy 2nd generation. It is also a ploy to control the wealthy to put more money into the pockets of those government officials.
     
  5. orejon4

    orejon4 Well-Known Member

    It's also a putsch against Western-style consumerism. The Party in China employs capitalism as a developmental and military tool, and doesn't look too kindly upon the encroachment of Western "me me me" values.
     
  6. erictbrown1

    erictbrown1 Member

    They want slaves not free thinkers, they are scared that children will raise up and put an end to their rule.
     
  7. andreboba

    andreboba Well-Known Member

    Most of China is still dirt poor and the Communists know the way revolutions are seeded among the peasants is by constantly witnessing the obscene excess and consumption by the ruling class.
     
  8. orejon4

    orejon4 Well-Known Member

    This. This is also a part of the crackdown on party officials as well. Doing some internal housecleaning helps to soothe the rage of the working class at social stratification.
     
  9. Soulthinker

    Soulthinker Well-Known Member

    No doubt the videos of the children of China's elite are banned and suppressed on Chinese websites. I saw them and it could start a revolution.
     
  10. glt1980

    glt1980 Well-Known Member

    With the way the Chinese stock market has been heading the last month or so the government might not have to worry about straightening out the rich kids. $4 Trillion dollars in value lost in the markets since June and about a third of the companies listed having their stock halted from trading.
     
  11. Frederick

    Frederick Well-Known Member

    There's no democracy in China. The people with the power rule. These idiots are going to be the next generation in charge, and the current leaders don't want the country in the hands of a bunch of brats who are spoiled to the point of sociopathy.

    I don't like the government of China at all, but I don't see the problem here.
     

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