GE, Bayer get priority for power

[dArKeR]

BLOOMBERG
Tuesday, Jun 15, 2004,Page 12

General Electric Co, Bayer AG and other multinational companies operating in Shanghai are being given top priority by city officials when it comes to their power supplies as the peak summer demand period threatens shortages.

"This summer our priority targets for electricity are the foreign-invested enterprises," Shanghai Vice Mayor Zhou Yupeng told a briefing attended by heads of eight multinationals such as General Electric, the world's biggest company by market value, Bayer, Germany's second-biggest drugmaker, and France's Alcatel SA, the world's No. 2 maker of telecommunications equipment.

Shanghai's power demand may rise as much as 15 percent from a year ago during this year's peak period, from tomorrow to Sept. 17, the city government's Web site said. Shanghai had its hottest summer in 60 years in 2003, causing power shortages as air conditioners were turned on in shops, factories and homes.

http://www.taipeitimes.com/News/worldbiz/archives/2004/06/15/2003175165

Look at the way the Communists treat their own people as maggots!

[mike_c]

1. you don't really think this is a uniquely Communist trait...

...do you?

[dArKeR]

2. What do you think would happen if the CA Gov. shut off power CA

homes in favor of French companies there?

[el_gato]

3. substitute multi-national for the word French

and the answer to your question would be "NOTHING"

The U.S. government fucks over it's own people in favor
of corporate power all the time.

The supposed capitalists in the West love the Communist regimes
in the East. Why? Because it's all a fraud.

What we really have here is socialism for the rich and powerful
and dog eat dog capitalism for the disenfranchised working classes.

[RUMMYisFROSTED]

4. Worth repeating.

What we really have here is socialism for the rich and powerful
and dog eat dog capitalism for the disenfranchised working classes.

And the dog-eat-dog capitalism has a further breakdown:



Suburban dog of capitalism.



Urban dog of capitalism.