"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Tuesday, January 24, 2017

Communists close 111 golf courses to crack down on decadent capitalists

“I tell ya, golf courses and cemeteries are the 
biggest wastes of prime real estate”.
Caddyshack (1980)

(London Daily Mail)  -  China has ordered the closure of a sixth of the country's golf courses since 2011, its top economic planner said, in an ongoing crackdown on a sport controversial for its links with wealthy elites.
China's ruling Communist Party has an ambivalent relationship with golf. Local authorities have profited from selling land for courses, but they are seen as venues for shady dealmaking between elites and politicians.
Central authorities ordered a nationwide freeze on new golf courses in 2004, which was largely ignored.
Since a fresh crackdown was launched in 2011, 111 of China's 683 golf courses nationwide were ordered shut, the National Development and Reform Commission (NDRC) said in a statement posted on its website Sunday.
Operators voluntarily closed an additional 11, it added.
In 2015, the country's 88 million Communist party members were banned from joining golf clubs.
Read More . . . .

Al Czervik Caddyshack tribute

Maybe golf is filled with decadent capitalists


Anonymous said...

only sport allowed ... beting on fake enterprises in out of the woods stock Exchange

Anonymous said...

They are investing in soccer too , cause they need to laundry Money mostly from illegal gambling, , as in europe ,north africa, asia , and the americas they "laundry Money" from drug trafiking and ilegal immigration ...
after food , gambling is the number uno mindset in the region

ly heng said...

If you do decide not to pay out at all, you better have a good reason and state it openly.
gclub จีคลับ
gclub casino