Society's Child
Li was among the main drafters on new "caveat emptor" market-based rules on China's shadowy banking system and recently said in an interview that "now is not only a time to control risk, but to transform the trust industry.. if it's too loose, it's a big problem." Li was found by his wife.

Police train their fire hose at protesters as the latter try to force their way closer to the U.S. Embassy for a rally against next week’s visit of U.S. President Barack Obama, in Manila, Philippines, Wednesday, April 23, 2014
Those were some of the words emblazoned on signs carried by Filipino protesters demonstrating against a visit to the Philippines by President Barack Obama this week, as well as a looming security pact that would increase U.S. military presence in the island country.
- Emergency crews called to the scene in Aberdeen shortly before 2pm
- Relative claims Preston Flores and his friends were playing with a petrol canister from the back on a van parked on the street
- Boy is believed to have lived on street with mother and four other children
Preston Flores ran into the street 'on fire' near his home in Aberdeen after his clothes became doused in petrol and ignited.
The youngster, who is thought to have suffered 80 per cent burns, may have been deliberately set on fire - or been the victim of a prank gone wrong.
Last night, he remained in a 'serious' condition in hospital, with his mother Luisza at his bedside.
Some 80 percent of miners from five coal mines belonging to "Krasnodonugol" enterprise in the city of Krasnodon have not shown up to work. The mines are all owned by one of Ukraine's richest man, Rinat Akhmetov of the mining and metallurgical "Metinvest" corporation.
Angry miners are pressing for wage increases to match region's average pay, better social and living conditions and higher social bonuses. According to the strikers they get an average of 6,000 hryvnas ($520), while the average salary in the coal industry in the region is up to 10,000 hryvnia ($860).
Miners are also refusing to pay a 10 percent tax on their salaries, imposed by the post-coup authorities to restore the Maidan square in Kiev. The square and nearby buildings suffered significant damage during months of rallies and the violent standoff that led to a coup in February.
According to local media reports miners have seen around a 10 percent cut in their paychecks to restore the Ukrainian capital.
"I don't understand why are we involved!" one of the protesting miners, Stanislav Denisenko told Itar-tass. "It was not us who dismantled the stones and burned the houses down. I get about 900 hryvna a month, that is around 9,000 rubles ($260). I don't understand why they are taking away my salary."
The median pay for the top 100 highest-paid CEOs at America's publicly traded companies was a handsome $13.9 million in 2013. That's a 9 percent increase from the previous year, according to a new Equilar pay study for The New York Times.
These types of jumps in executive compensation may have more of an effect on our widening income inequality than previously thought. A new book that's the talk of academia and the media, Capital in the Twenty-First Century by Thomas Piketty, a 42-year-old who teaches at the Paris School of Economics, shows that two-thirds of America's increase in income inequality over the past four decades is the result of steep raises given to the country's highest earners.
This week, Bill talks with Nobel Prize-winning economist and New York Times columnist Paul Krugman, about Piketty's "magnificent" new book.
"What Piketty's really done now is he said, 'Even those of you who talk about the 1 percent, you don't really get what's going on.' He's telling us that we are on the road not just to a highly unequal society, but to a society of an oligarchy. A society of inherited wealth."
Krugman adds: "We're seeing inequalities that will be transferred across generations. We are becoming very much the kind of society we imagined we're nothing like."
Transcript below.
The high court ruled 5-4 that relying only on a comment from a 911 caller is reasonable because "a 911 call has some features that allow for identifying and tracking callers." In most cases the justices are split along ideological lines but Tuesday's decision was enough to split the two most conservative-minded justices, with Justice Clarence Thomas writing the majority opinion and Justice Antonin Scalia leading the dissent.
The case considered a 2008 California incident in which an anonymous 911 caller told the police that a pickup truck had forced her off the road, providing the location, as well as details such as the truck's make, model, and license plate number. Police soon stopped a vehicle matching the description and reported smelling the odor of marijuana as they approached driver Jose Prado Navarette.
Navarette was arrested because officers found 30 pounds of marijuana in his vehicle, although he argued that the initial stop was unconstitutional because police did not have reasonable suspicion to stop his truck. His legal team asserted that the police could not have determined with any accuracy the identity of the caller or challenged her credibility.
Attorney-General, George Brandis, defending the Government's intention to repeal s18C of the Racial Discrimination Act, told the Senate Monday that "people have the right to be bigots". It appears that in George Brandis's world view, bigots are the persecuted minority whose rights need to be staunchly defended.
Section 18C of the Racial Discrimination Act makes it unlawful to do an act that "is reasonably likely, in all the circumstances, to offend, insult, humiliate or intimidate another person or a group of people" on racial or ethnic grounds." It is followed by s18D (which is conveniently ignored by many conservative commentators) which seeks to balance the objectives of s18C with the need to protect justifiable freedoms of speech and expression.
The provisions seek to offer legislative protection to the most vulnerable and marginalised members of our society - our indigenous population, culturally and ethnically diverse communities and religious minority groups.
Whilst in the past politicians, particularly in the lead up to an election, have sought to indirectly play on the public's fears, Senator Brandis's comments have taken it to a whole new level. This is the first time that I can recall, where a Senior Minister has directly endorsed (and thereby encouraged) having bigoted views. There's no reading between the lines here - Brandis has specifically said that "people have the right to be bigots, you know." This is somewhat unprecedented.
The outrage vented this past week by progressives against freedom of speech has left me wondering, "Where have all the flowers gone long time passing?/Where have all the flowers gone, long time ago?" I thought the whole point of the Sixties Revolution was to set the people free so they could express themselves without fear of being busted by "The Man".
Now all we hear is lefty talk along the lines of "freedom of speech needs qualifiers and social agreement". We have the laws of defamation, friends, and racial discrimination is still going to be unlawful. So how, exactly, will the amendment to the Racial Discrimination Act proposed by the Coalition government "open the floodgates" to vilification on the basis of race? Some leftist critics appear not to have even read the planned replacement of Section 18, which is astonishing, considering it totals less than 200 words. How - for heaven's sake - did they miss the bit about it being against the law "to vilify" or "to intimidate" people "because of the race, colour or national or ethnic origin"?
What is it with all those anti-bourgeois bohemians at The Age and the ABC and their trepidations about freedom of speech? Even the Baby Boomer contingent of the leftoid commentariat - that is, older folks who were actually around in the freedom-loving 1960s - have turned pro-censorship. What happened to peace, love and understanding? Why so keen to suppress liberty, choice, independence, free will, and - most sacred counterculture virtue of all - looseness?What about the dream, people? Maybe if Pete Seeger were still around he could pen us a new protest song - Where have all the left-wing libertarians gone?

Rancher Cliven Bundy (L), and armed security guards leave his ranch house west of Mesquite, Nevada.
Earlier this month, a weeklong confrontation between the two parties began when armed federal officials under the US Bureau of Land Management attempted to seize nearly 1,000 of Bundy's cattle, as authorized by a court order. As RT reported previously, the BLM claims Bundy owes the government about $1 million since he stopped paying the fees associated with allowing his cattle graze on federal land in the early 1990s.
Bundy, meanwhile, argues the land his cattle graze on has belonged to his family since the 1870s, and that he's not obligated to pay the government anything.
"I don't believe I owe one penny to the United States government," Bundy said earlier this month. "I don't have a contract with the United States government."
The plaintiff, D.B., says doctors joked about firing a gun up his rectum and accused him of having STDs during his medical procedure.
"On April 18, 2013, during a colonoscopy, plaintiff was verbally brutalized and defamed by the very doctors to whom he entrusted his life while under anesthesia," the complaint says.