Published by Lude News Service Editor: Lude Select News Columnist
1203早间要闻-New York Time
LuDe News 20201203 Morning New York Time
CSRC’s Absurd Response to the U.S. Passage of the Foreign Corporation Accountability Act (FCAA)
The CSRC responded that China had assisted the PCAOB in conducting a pilot inspection of a Chinese accounting firm in 2017 and made several specific recommendations to the PCAOB on the inspection of accounting firms in 2019. This is inconsistent with the Foreign Corporation Accountability Act’s requirements that “a public company must demonstrate that it is not controlled by a foreign government and has been audited by a PCAOB-compliant firm for three consecutive years”. This response indicates that the CCP itself have admitted that the Chinese concept stocks had never been audited in the United States.
The Rogue Response of the Chinese Foreign Ministry
Chinese Foreign Ministry spokeswoman Hua Chunying said that the U.S. adopted a discriminatory policy against Chinese companies, which is a political suppression, and strongly opposed the politicization of securities regulation. The political language and slogan-like responses throughout the statement revealed that the CCP itself is the party that politicized securities regulation, exposing the naked rogue face of the CCP: “I don’t audit myself, and you Americans must admit it, otherwise it is the Americans who politicized securities regulation and discriminated against Chinese companies.
Passage of the Foreign Corporation Accountability Act (FCAA) Signals Dramatic Change in U.S. Political Landscape
The passage of this Act indicates that the long-standing and well-tried strategy of the Chinese Communist Party to lobby U.S. interest groups to avoid audits through the dark lines of non-Chinese faces in the overseas genetic map of several families, such as Jho Low and Nickie Davis, has now completely failed, and that the U.S. political landscape has completely changed.
LuDe on How Chinese Concept Stocks Prove That They Are Not Linked to the CCP
It depends on: whether these companies have accepted the CCP government investment, whether their loans from banks have been supported by the CCP, whether they have established the CCP organizations, and whether their business and market have been supported by the CCP government policies.
The Releasing of Hard Drive-gate Internal Meeting Recordings Exposes the Nature of CNN’s Big Overseas Propaganda Media
Meeting recordings showed that CNN constantly had kept an eye on Fox, BreitBatt, the New York Post, LuDe News, and other what they called non-mainstream right-wing media. Their meetings never talked about their own independent investigation of the evidences on Hard Drive-gate, but only discussed how to quote other media. They never discussed the specifics of the Biden’s hard drive in meetings, nor did they care about the truth, but rather the president decided not to report it and others seconded his opinion. Two insiders of CNN were also held accountable for their re-tweeting of the Hard Drive-gate in the meeting.
The Repeal of Section 230 Means the End of Media Monopoly Era
After the repeal of Section 230, high-tech companies will no longer have the rights to delete accounts and contents, and all media accounts will become permanent personal assets, so the real freedom of speech will be realized, and the monopoly of giant high-tech companies on speech will be ended.
With the upcoming full-scale application of Star-link technology, the solid monopoly created by the current mainstream TV media will become its own shackles. The TV industry is about to change dramatically, while network TV and personal media will become the new mainstream.
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