To understand the background of the incident – and the plight of Chinese homeowners attempting to resist eviction when the government wants to build something on their land – watch this short video above.
Now that you’ve got the background, you’re ready for the story from the Telegraph on the Kung Fu hero:
When 38-year-old Shen Jianzhong was faced with a mob of thugs trying to evict him, he asked himself what his hero, Bruce Lee, would do.
The answer, according to a video that has attracted more than two million hits on the Chinese internet, is turn to kung fu.
For 20 years, Mr Shen had been practising kung fu, teaching himself Bruce Lee’s system in his courtyard home in Bazhou, Hebei province.
Working in a local gym as a fitness coach, he is also the holder of a world record, at least according to an association in Hong Kong, for the most press-ups in a minute using a roller. “I am now training to break the record for most press-ups on a balance beam,” he said.
At the end of October, Mr Shen was able to put his kung fu into action. For six months, a property developer had been trying to get his hands on Mr Shen’s house.
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At first, the property company stuck up posters warning of dire consequences for any families who held out. Then, Mr Shen said, when 70 of the 100 households had left, the threats escalated.
“This mob of thugs would block the street most days. They would pick on the women, threatening to kill their kids. Then people started tossing bricks through windows and letting off fireworks at night. Some people got beaten on the street.”
On October 29, as Mr Shen went to work and his wife popped out for a packet of instant noodles, a mob of “30 to 50 men” materialised at their front door.
“My wife tried to close the door, but they pushed it back and she tripped over. That is how the fight started,” said Mr Shen.
With a flurry of kicks and punches, he and his 18-year-old son, a fellow kung fu devotee, set about the attackers, rendering seven of them near unconscious in the hallway.
“It was self defence. I really cannot remember what kung fu skills I used.
It was quite messy. Only seven people were injured because the rest were scared and stayed outside. Some of them ran away,” he said.
When the police arrived, however, they were little help, insisting that since the thugs were unarmed, it was Mr Shen and his family who were in the wrong. They urged the family to sign the contract.
Instead, the Shens posted their homemade video online, where it has gone viral as a rare David versus Goliath moment in the bleak fight against China’s avaricious property barons.
They then fled, on the evening of November 21, to Beijing. Upon arriving in the capital, however, Mr Shen’s son was arrested by the police, who said they would charge him with assault.
“I do not regret the fight, but I am worried about my son,” said Mr Shen.
“I think they are trying to fit up him up with some crime. I am concerned that my actions will end up hurting him,” he said, acknowledging that officials may try to emotionally blackmail him into signing over his lease.
Here’s video of the aftermath … showing the injured thugs:
Kung Fu Expert in China Beats Up Mob of 50 Trying to Evict Him was originally published on Washington’s Blog
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Derivatives expert Janet Tavikoli explains the financial crisis. IT ALL STARTED WITH FRAUDULENT PREDATORY LENDING AND FINANCIAL ALCHEMY OF TURNING A SINGLE MORTGAGE INTO MULTIPLE MORTGAGES VIA FINANCIAL ALCHEMY CALLED SECURITIZATION. OUR FEDERAL AND STATE GOVERNMENTS ALLOWED THIS TO HAPPEN THROUGH LACK OF BASIC REGULATORY ENFORCEMENT OF FRAUDULENT AND PREDATORY LENDING AND PREDATORY FRAUDULENT SECURITIES SALES VIA MORTGAGE BACKED SECURITIES – YOUR PENSION PLANS. (Kiss YOUR financial future goodbye!)
She explains this very clearly in this article.
“The financial crisis resulted largely from the use of credit derivatives. How?
We saw them hide risk and create a lot of leverage in the global financial system in securities and securitization, where one bad mortgage could be levered up to be in numerous different deals. That kind of malicious leverage had a big impact. A lot of fraudulent securitization provided funding for corrupt lending. Had we not done that, our housing crisis — and the situation we still have today — wouldn’t have been nearly as bad. Derivatives helped supply the leverage to inflate the bubble.
Are they still dangerous?
Today we see a credit derivatives market that is poorly understood by regulators and even by many of the banks who are participating in the market. And there just doesn’t seem to be a will to clean it up.
What should be done about sovereign credit default swaps?
When they were [first] sold, the hype was that they were useful hedging tools. The result is that they have been a game for speculators more than a hedge for hedgers. Speculators can go in and depress sovereign debt just when a sovereign needs to roll over debt — and of course the price of the credit default swap will shoot up. These games create temporary dislocations in the market. Given that we haven’t driven speculators out of the market, it’s a good idea to ban credit default swaps altogether.
What else can be done now to try to prevent another financial crisis?
In terms of money flow in the U.S., we have to write down debt and maybe have some sort of debt forgiveness. That’s a radical thought, but some people will never be able to get out from under their debt in their lifetime. Going forward, we have to make responsible loans.”
http://www.advisorone.com/2012/04/25/finding-the-culprits-of-the-crisis?t=economy-markets&page=4
This is why the U.S. Constitution is so important, and why WE THE PEOPLE must do everything in our power to defend it, by invoking our Constitutional rights as much as possible. Bush called it that old goddamned piece of paper because they know when WE THE PEOPLE, as law abiding, tax paying Natural Born U.S. Citizens invoke our legal rights under that legal document that means we are invoking our power to protect ourselves from a Government that is completely corrupt and acting tyrannical against the people. That is people power. The Takings Clause of the 5th Amendment, which found its genesis in Section 39 of the Magna Carta declared that no land would be taken without some form of due process: “No freeman shall be taken or imprisoned or disseised, or exiled or in any way destroyed, nor will we go upon him nor send upon him, except by the lawful judgement of his peers or by the law of the land.”
When bad things happen to bad people … I can’t help but smile.
well he did not beat up a mob of 50 for a start. With helpfrom his sone he beat up 7, the rest fled