7/24/12, "The Sultan's Cars," wheel to wheel blog.
The Sultan of Brunei with some of his wives.
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Even the World Bank says 20% of costs in Indonesia go to corruption:
11/19/12, "White House Announces $6 Billion to Promote Clean Energy – in Asia," CNS News, Lucas
"The White House announced the federal government will spend $6 billion over four years for a “sustainable energy future” plan with Asian countries that involves loaning tax dollars to other countries to increase their purchasing power for U.S. technology, services and equipment.
“Recognizing that energy and the environment are among the most pressing issues confronting our region, President Obama, in partnership with Sultan Haji Hassanal Bolkiah of Brunei and President of the Republic of Indonesia Susilo Bambang Yudhoyono, today proposed the U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy Future,” the White House announced Tuesday as Obama visits Asian Pacific countries."...
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Below, billionaire George Soros and Indonesian Pres. talk 'climate cash' in 2010 (to be paid by US taxpayers). Soros freely admits the 'climate' game makes the rich richer, see his quote at end of this post.
5/10/10, "SBY Talks Climate Change With Soros," Jakarta Globe, Camelia Pasandaran
"President Susilo Bambang Yudhoyono meeting with George Soros
at the Presidential Office in Jakarta on Monday. Soros was in Indonesia in his role as a member of a UN advisory group
that aims to mobilize funding promised at last year’s (2009) Copenhagen climate change talks. (AFP Photo/Bay Ismoyo)"
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Dec. 11, 2011, "Indonesia’s Climate of Graft Snarls Investment," Jakarta Globe, Shirley Wibisono
"A World Bank analysis found corruption could add up to 20 percent to the existing costs of projects in Indonesia.
President Susilo Bambang Yudhoyono has won two elections on promises to tackle graft in one of the most corrupt countries in Asia, but critics say he has failed to make any genuine difference to the culture of graft and impunity.
A Gallup poll released in October found that 91 percent of Indonesians believe corruption in government is widespread, compared to 84 percent in 2006. ...
“Here in Indonesia, it is a common practice for businessmen to bribe officials to get a project,” Adiningsih said....
“It’s common for corruption to happen at all stages in Indonesian infrastructure projects, whether it’s during the tender process or extortion along the way.”...
Investors consistently cite corruption as a major deterrent."...
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Some sources say the oil and gas-rich Sultan of Brunei has 7000 cars. Here's his palace:
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- 10/10/12, "Relax with Sultan of Swing in fairytale Brunei," Herald Sun (Australia)
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9/17/10, "Corruption jeopardizes lucrative climate-change deals," Reuters, Jakarta Globe, by S. Creagh
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July 2010, "America's Ruling Class -- And the Perils of Revolution," Angelo Codevilla
"The only serious opposition to this arrogant Ruling Party is coming not from feckless Republicans but from what might be called the Country Party -- and its vision is revolutionary."...
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12/4/2009, "Carbon Capitalists Warming to Climate Market using Derivatives," Bloomberg, by A. Kassenar
"Even George Soros, the billionaire hedge fund operator, says money managers would find ways to manipulate cap-and-trade markets.
“The system can be gamed,” Soros, 79, remarked at a London School of Economics seminar in July.
- “That’s why financial types like me like it -- because there are financial opportunities.”"...
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