Back in 2014, Peter Elkins and Marty Jones, presaged many a scandal with a piece in Fortune, The dark, disturbing world of the visa-for-sale program. Scamming money out of this one was once the domain of two bit GOP governors; now it's front and center in the White House. Welcome to Trumpland-- Home of The Grifters.
In June my friend Qiao Li explained the concept of China's Naked Officials for us:
-by Qiao LiAs a young, aspired citizen, I try to fulfill my share of "American dream" by working to become a homeowner in Pasadena, California. It didn’t take long for us to realize that our meager savings limited what we can buy, but what surprised me more was the number of "cash-offer" deals that out-bided us everywhere! How did we get accustomed to cash-only offers? And how could our housing market possibly be affected by corruption in China?
