Lima, Peru | Tuesday 03 November 2009 23:05 | | |

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Peruvian foreign minister Jose Antonio Garcia Belaunde said Thursday that the Government of Peru extended an invitation to US president-elect Barack Obama to participate in the Asia - Pacific Economic Cooperation (APEC) Leraders’ Summit to take place November 22-23 in Lima.
García Belaunde said it is unlikely that the next U.S. president will attend this important event, which will bring together the leaders of China, Russia, Japan, and other Asia-Pacific economies.
"US president-elect Barack Obama has been invited to visit Peru, but we do not know if this will be possible in the current circumstances," he told local media.
Foreign minister Garcia Belaunde said that at this moment, Barack Obama must be busy assembling his Cabinet and going through a transition period before he formally assumes office on January 2, 2009.
"We have extended him an invitation and we expect a response. It is important he visits Peru, but not necessarily for this event," García Belaunde added.
On the other hand, the Peruvian foreign minister said U.S. president George W. Bush will not only attend the APEC Leader’s Summit but a bilateral meeting with Peruvian president Alan García.
News source: Andina
# c. schmidt says :
6 November, 2008 [ 15:08 ]
oh wow -this is nice that mister Belaunde invites mister future President Obama- and he can ask him also to bring some "firermen" for the problems in the south.
I would have done that- cool and straight- and tell mister future President
"high mister Obama- our great Beatriz Merino (peoples Defense- the lady who travels often and knows the world ) told us that in the last 3 years social conflicts are 800 percent in uprise!!!- it seems acording to the sympatic lady Beatriz and some press related articles that Peru is burning on many corners.
Every few month another district has to be declared in emergency. Now it is Tacna . It seems our beautifull country is becomming little by little like "Rome under Nero"- remember- the guy who was good in poetry and endless speaches. Pleas mister Obama come anyhow and help us to fix it-
We complain after anyhow! "
(Mister Belaunde is a great Peruvian diplomat -seems to be part of almost peruvian (second or third world) aristocraty (family was president and widely respected) and has an untouchable reputation.
I can forgive him that he does not found it at all important that Mister Garcia declares on "petrogate " (remember- the hot and familiar friendly calls to the palace- secretary realised by fugitive Romulo Leon named "rat" from press and even it seems from our president) because Trujillio is Trujillio.
anyhow-and this very private-
I am still interested in more tapes or the fax which was promised to us-
yeah - it is almost like "I still know what you made last summer"
# otto hamann says :
6 November, 2008 [ 15:43 ]
President-Elect, I can only add that I pray for this new face which is to govern the US, as he steers through the financial chaos and debacle we have inherited from his predecessor [GWB] Bush43
Who would have thought....?
That after 8 years of GWB for whom I voted the first time [2001]!! [yes I did!!...auch, and yes, I still clinch to my hope for the Republican Party which is much greater than the disastrous decisions, actions, and narrow-minded views of GWB and his "team"] we would find the good old USA in this situation...?
Many will be tempted to quickly place blame on the 'war on terror' [as per GWB] or the Financial Crisis...
Really??
some facts:
the war on terrorism, at a minimum is reported to cost:
10Billion/month on Irak and 2Billion/month on Afghanistan
But, we still do not have the benefit of the reason/s as to why reportedly the GWB-Whitehouse decided on the Irak War, as these reasons/arguments have changed from day 1: from the Nigeria-Irak-Nuclear-Weapons connection claim [or "nuculear" as GWB would say] which was later dismissed by ambassador Joe Wilson, to "hidden and forbidden weapons" in the Irak dessert, or.. GWB's last and final: no matter what... " the world is better without Saddam"
Indeed. However, it is the methodology, cowboyistics, lack of transparency [or plain out lies?], arrogance, deception, etc., most people disagree with. Of course, the words: "It's the OIL, stupid!" immediately jump on our faces, while certain lobbies and their proxies [about which, for now, I will spare you my comments, specially about the ones with "permanent seats" in the White House] sing Irak-War songs...
It is such a marvelous chorus line.
The "defense guys" led by Cheney and Rumsfeld [still twisting his head from he news] get the show started along with the ever present Karl Rove [the dancer], while the voices of the tenors Paul Wolfowitz, Ari Fleischer, Richard Pearl, Scotter Libby and others slowly but surely begin to stand out as they start hitting the highest notes, everybody sings along, even the "man of virtues" William Bennet is there, making desperate attempts to blend his voice into the music.
It is such a beautiful and inspiring sight...!
One would think that it has all been rehearsed before.
Noooo...! how can you think that?
They are just "naturals" who blend easily together and quickly create art.
Yes, as in a spontaneous combustion.
GWB with his [unrehearsed...] compassionate look, stares attentively at the stage while attempting to draw an indescribable expression on his face, one of many in his repertoir, not to reveal the full weight of his emotions. This is the moment he has been waiting for.
The decision is made.
Wofowitz followed by the tenors, approaches the president.
With a soft voice he mentions to GWB, again, that war with Irak
must start. However, no convincing is needed. Then, Wolfowitz adds:
"it will not cost us anything..since Irak is a rich country.. full of oil" : [Wolfowitz] [of course, the important matter of money will no longer be an issue...right?] Soon, Cheney and Karl Rove join in.
Cheney-the-Dick: "It's doable" and "we will be treated as liberators"
Karl doesn't need to say much. He has been working behind the scene, and now it is time to dance.
After a few months into the war: "Mission Accomplished!" is proclaimed by GWB. 5 years later, 3000+ dead soldiers, 30,000 wounded,
150,000 + US soldiers are still stationed in Irak, with no clear end in sight... One thing is certain: GWB's words: "we will stay the course..."
and "nothing short of victory" will mark the return of our troops, seem to be going up in smoke.
The word "smoke" just hit a cord. Remember the guy who was going to be "smoked out of his cave" in Afghanistan...? o.k., I rather not talk about it.
Therefore, considering the Irak-War cost, and that it has been proven that Irak had nothing to do with the attack on the World Towers [as per CIA's own investigation]... the "war on Terrorism" would fall to 1/6th of the actual cost.
Synopsis of The Financial Crisis
The Real Estate Corner:
In an environment of unprecedented low interest rates, banks lend money to an increasing number of borrowers in the USA to purchase properties, these loans are made without proper due diligence, and in many cases to borrowers who should have never qualified for such loans, monthly payments [interest] on such loans are setup to increase after a pre-determined period of time..., these loans are put together in 'securitized" instruments to be sold all over the US and the world, to banks and financial institutions..., borrowers of these loans find it difficult to meet their obligations, monthly-payment-obligations begin to fail..., the "securitized instruments''-holders are not getting their projected yield, these instruments begin to loose value, etc...
these instruments in turn had been used to secure more loans loans...depositors then get spooked, and begin withdrawing funds from suspect institutions, liquidity becomes scarce in banks, cash flows between banks freeze up, as they [the banks] are not even willing to lend among each other [much less to the public] this sets the stage for the first major explosion Freddy Mac and Fannie May..., and then [Lehman Brothers] as the lack of liquidity makes it impossible to meet current financial obligations...
The Derivatives' Corner:
Warren Buffet has called them "financial weapons of mass destruction."
These outlandish financial instruments resulting from a combined effort
of some of the most creative and imaginative minds in Wall Street,
enticed by the quick and enormous profit-potential [which makes Gecko's: "greed is good" credo, sound like child's-play] were born even in defiance of the law of gravity, with a continuous and uncontrollable upward movement, however as vulnerable and dangerous as a huge and ever expanding helium balloon, which can literally disappear in seconds in contact with the most minuscule spark, and burn and consume everything around it. Thus, the AIG debacle, and the 150+ billion [so far ?] the treasury has put literally in the line the fire,
and even more importantly, to deter its expansion throughout the system.
This financial-crisis-monster is now moving like a huge, intoxicated creature, to which Central Banks around the world seek to drown,
with an overdose of cash, trillions of it, lest it surprises us by attacking here or there, looking for the weakest link to bring this globalized world into a tail spin.
It takes a huge and sharp financial weapon to defeat another, and eventually we must pay for it... and sooner, rather than later, we will find 2 unwanted guests: higher [perhaps much higher] taxes,
and increasing inflation. Don't let the blowing head-winds on the commodities fool you... yes, deflation is a possible [very] possible scenario, in fact it is already present in many items, and it is working slowly its way through the chain, affecting final prices to the down side.
But the stage for a most unwelcome surprise:
the perfect storm with an enormous tidal wave is already being set,
fueled by the limitless amounts of money being pushed into the system by central banks and governments, turning money flows into uncontainable floods, which have only one way to go: up, way up, by pushing prices to much higher levels.
Wrapping up the Financial Crisis 2 main fronts: the Real Estate Melt Down, and the Derivatives Explosion, one word comes to mind: OVERSIGHT.
Too simple? think again. Lack of oversight by the appropriate entities and regulatory agencies beginning with the FED, SEC, Treasury, etc., Yes.
The Real Estate bubble, fueled by loans which, to begin with, should never have been granted to unqualified recipients, to be later "packed" or "securitized" into financial instruments which many bankers could not even understand, much less appropriately value, and "Derivatives" in many different forms such as "swaps" to price and mitigate risk against loss of value of a certain security, did not appear suddenly; the were created, planted, re-planted, watered and grown throughout many years under the watch and passiveness of many peoplein charge of key decision-making roles, who were repeatedly told of the danger,
only to quickly dismiss the party-poopers...
Alright. I''ll refrain for now from enlarging this circle to include Katrina, Valery Plame, Richard Clarke, Halliburton, Black Water, the patriot law, Guantanamo bay, the dismal situation of health care, the abuse of "executive privilege" etc ... and perhaps more importantly, the incredible Divide among fellow citizens, which was forged by the present administration.
It requires lots wisdom to be able to properly allocate blame where it belongs. However, how would you place it when the one at the very top, leads always the way carrying a banner which says "blameless"? Perhaps, one should look no further than at the extraordinary example of fellow Republican party candidate John McCain, as he remarked when conceding defeat to Obama: ".. it was all my fault."
A dose of humbleness, and humility works miracles within and without...
- And, Mr. McCain, Sir, respectfully, I do admire your example, and your of humility; and it is just a shame that you had to carry such huge and overwhelming baggage with the numbers 43 clearly written on it.
I don' t know what the future will bring with this new administration.
I can not look into Obama's eyes and say that I have looked into his soul, and that I know this man. No, I don't have that gift, neither I claim it. But one thing I know: that millions of people in the USA, myself included [and around the world] have hope, and lots of it, and wish Obama well in his decisions while facing the daunting challenges ahead.
Otto Hamann
# otto hamann says :
6 November, 2008 [ 15:53 ]
[CORRECTION: FIRST LINE ON ABOVE POSTING WAS OMITTED]
After the election results, whereby now Barack Obama is the new President-Elect, I can only add that I pray for this new face which is to govern the US, as he steers through the financial chaos and debacle we have inherited from his predecessor [GWB] Bush43
Who would have thought....?
That after 8 years of GWB for whom I voted the first time [2001]!! [yes I did!!...auch, and yes, I still clinch to my hope for the Republican Party which is much greater than the disastrous decisions, actions, and narrow-minded views of GWB and his "team"] we would find the good old USA in this situation...?
Many will be tempted to quickly place blame on the 'war on terror' [as per GWB] or the Financial Crisis...
Really??
some facts:
the war on terrorism, at a minimum is reported to cost:
10Billion/month on Irak and 2Billion/month on Afghanistan
But, we still do not have the benefit of the reason/s as to why reportedly the GWB-Whitehouse decided on the Irak War, as these reasons/arguments have changed from day 1: from the Nigeria-Irak-Nuclear-Weapons connection claim [or "nuculear" as GWB would say] which was later dismissed by ambassador Joe Wilson, to "hidden and forbidden weapons" in the Irak dessert, or.. GWB's last and final: no matter what... " the world is better without Saddam"
Indeed. However, it is the methodology, cowboyistics, lack of transparency [or plain out lies?], arrogance, deception, etc., most people disagree with. Of course, the words: "It's the OIL, stupid!" immediately jump on our faces, while certain lobbies and their proxies [about which, for now, I will spare you my comments, specially about the ones with "permanent seats" in the White House] sing Irak-War songs...
It is such a marvelous chorus line.
The "defense guys" led by Cheney and Rumsfeld [still twisting his head from he news] get the show started along with the ever present Karl Rove [the dancer], while the voices of the tenors Paul Wolfowitz, Ari Fleischer, Richard Pearl, Scotter Libby and others slowly but surely begin to stand out as they start hitting the highest notes, everybody sings along, even the "man of virtues" William Bennet is there, making desperate attempts to blend his voice into the music.
It is such a beautiful and inspiring sight...!
One would think that it has all been rehearsed before.
Noooo...! how can you think that?
They are just "naturals" who blend easily together and quickly create art.
Yes, as in a spontaneous combustion.
GWB with his [unrehearsed...] compassionate look, stares attentively at the stage while attempting to draw an indescribable expression on his face, one of many in his repertoir, not to reveal the full weight of his emotions. This is the moment he has been waiting for.
The decision is made.
Wofowitz followed by the tenors, approaches the president.
With a soft voice he mentions to GWB, again, that war with Irak
must start. However, no convincing is needed. Then, Wolfowitz adds:
"it will not cost us anything..since Irak is a rich country.. full of oil" : [Wolfowitz] [of course, the important matter of money will no longer be an issue...right?] Soon, Cheney and Karl Rove join in.
Cheney-the-Dick: "It's doable" and "we will be treated as liberators"
Karl doesn't need to say much. He has been working behind the scene, and now it is time to dance.
After a few months into the war: "Mission Accomplished!" is proclaimed by GWB. 5 years later, 3000+ dead soldiers, 30,000 wounded,
150,000 + US soldiers are still stationed in Irak, with no clear end in sight... One thing is certain: GWB's words: "we will stay the course..."
and "nothing short of victory" will mark the return of our troops, seem to be going up in smoke.
The word "smoke" just hit a cord. Remember the guy who was going to be "smoked out of his cave" in Afghanistan...? o.k., I rather not talk about it.
Therefore, considering the Irak-War cost, and that it has been proven that Irak had nothing to do with the attack on the World Towers [as per CIA's own investigation]... the "war on Terrorism" would fall to 1/6th of the actual cost.
Synopsis of The Financial Crisis
The Real Estate Corner:
In an environment of unprecedented low interest rates, banks lend money to an increasing number of borrowers in the USA to purchase properties, these loans are made without proper due diligence, and in many cases to borrowers who should have never qualified for such loans, monthly payments [interest] on such loans are setup to increase after a pre-determined period of time..., these loans are put together in 'securitized" instruments to be sold all over the US and the world, to banks and financial institutions..., borrowers of these loans find it difficult to meet their obligations, monthly-payment-obligations begin to fail..., the "securitized instruments''-holders are not getting their projected yield, these instruments begin to loose value, etc...
these instruments in turn had been used to secure more loans loans...depositors then get spooked, and begin withdrawing funds from suspect institutions, liquidity becomes scarce in banks, cash flows between banks freeze up, as they [the banks] are not even willing to lend among each other [much less to the public] this sets the stage for the first major explosion Freddy Mac and Fannie May..., and then [Lehman Brothers] as the lack of liquidity makes it impossible to meet current financial obligations...
The Derivatives' Corner:
Warren Buffet has called them "financial weapons of mass destruction."
These outlandish financial instruments resulting from a combined effort
of some of the most creative and imaginative minds in Wall Street,
enticed by the quick and enormous profit-potential [which makes Gecko's: "greed is good" credo, sound like child's-play] were born even in defiance of the law of gravity, with a continuous and uncontrollable upward movement, however as vulnerable and dangerous as a huge and ever expanding helium balloon, which can literally disappear in seconds in contact with the most minuscule spark, and burn and consume everything around it. Thus, the AIG debacle, and the 150+ billion [so far ?] the treasury has put literally in the line the fire,
and even more importantly, to deter its expansion throughout the system.
This financial-crisis-monster is now moving like a huge, intoxicated creature, to which Central Banks around the world seek to drown,
with an overdose of cash, trillions of it, lest it surprises us by attacking here or there, looking for the weakest link to bring this globalized world into a tail spin.
It takes a huge and sharp financial weapon to defeat another, and eventually we must pay for it... and sooner, rather than later, we will find 2 unwanted guests: higher [perhaps much higher] taxes,
and increasing inflation. Don't let the blowing head-winds on the commodities fool you... yes, deflation is a possible [very] possible scenario, in fact it is already present in many items, and it is working slowly its way through the chain, affecting final prices to the down side.
But the stage for a most unwelcome surprise:
the perfect storm with an enormous tidal wave is already being set,
fueled by the limitless amounts of money being pushed into the system by central banks and governments, turning money flows into uncontainable floods, which have only one way to go: up, way up, by pushing prices to much higher levels.
Wrapping up the Financial Crisis 2 main fronts: the Real Estate Melt Down, and the Derivatives Explosion, one word comes to mind: OVERSIGHT.
Too simple? think again. Lack of oversight by the appropriate entities and regulatory agencies beginning with the FED, SEC, Treasury, etc., Yes.
The Real Estate bubble, fueled by loans which, to begin with, should never have been granted to unqualified recipients, to be later "packed" or "securitized" into financial instruments which many bankers could not even understand, much less appropriately value, and "Derivatives" in many different forms such as "swaps" to price and mitigate risk against loss of value of a certain security, did not appear suddenly; the were created, planted, re-planted, watered and grown throughout many years under the watch and passiveness of many peoplein charge of key decision-making roles, who were repeatedly told of the danger,
only to quickly dismiss the party-poopers...
Alright. I''ll refrain for now from enlarging this circle to include Katrina, Valery Plame, Richard Clarke, Halliburton, Black Water, the patriot law, Guantanamo bay, the dismal situation of health care, the abuse of "executive privilege" etc ... and perhaps more importantly, the incredible Divide among fellow citizens, which was forged by the present administration.
It requires lots wisdom to be able to properly allocate blame where it belongs. However, how would you place it when the one at the very top, leads always the way carrying a banner which says "blameless"? Perhaps, one should look no further than at the extraordinary example of fellow Republican party candidate John McCain, as he remarked when conceding defeat to Obama: ".. it was all my fault."
A dose of humbleness, and humility works miracles within and without...
- And, Mr. McCain, Sir, respectfully, I do admire your example, and your of humility; and it is just a shame that you had to carry such huge and overwhelming baggage with the
numbers 43 clearly written on it.
I don' t know what the future will bring with this new administration.
I can not look into Obama's eyes and say that I have looked into his soul, and that I know this man. No, I don't have that gift, neither I claim it. But one thing I know: that millions of people in the USA, myself included [and around the world] have hope, and lots of it, and wish Obama well in his decisions while facing the daunting challenges ahead.
Otto Hamann
# c.schmidt says :
6 November, 2008 [ 16:37 ]
high Otto- I was reading you- even that I was a great Clinton fan I hope very much Obama will do well because it seems he has a lot of preaperd Clinton advisors in his future staff.
the Clintons were not saint- but I think wise in their inner and outside politics.
Mister Mc Cain show in the moment of his biggest defeat gratitude- and should be respected for his attitude on election date to declare of willing to serving his country and somehow also new commander in chief.
You know- in the red I found several opinions like yours- I read a lot about economy -many things were precise forecast from experts- even nobel prize winners - but noone listened to them.
Reading today economy I fear the worst in economy and finance will still come- - myself y expected 2 heavy round in december (some ad- Hedgeblows and so one ) and than very slow end off the mass.
Untill a few dayes ago I was more optimistic in this issue- but now I think might have to count with more l financial problems.
I hope very much that mister Obama wont be "testet" like some told- the world can t afford more "tests".
I want that they let him quit to do his job who he is elected for and I want he gets fast respected as president of a country which means even with all the problems for many Hope- even that I doubted if he was the right person - I saw Hillary for her age and experiance in this mass as the better option.
But most of all- I want Obama alieve and high protected - (this young Nazies who had killing plans - they must be not the only once who want him dead- )
In generall I m also not so sure if politicians are really able to make the decisions they want - many bad things which happened seemed to be so coordinated- almost like some persons want that everything falls appart- I think somewhere outside there are really bad persons - they have no God and religion - and they want somehow a fullscale war- this kind of philosophy seems goes beyond borders.
We have no other weappons against that than our peacfull minds- but this also can be power if many people are united in the same thinking.
# otto hamann says :
6 November, 2008 [ 18:35 ]
I agree for the most part; although I am not sure that Hillary
Clinton had what it takes mainly in the way of being a "uniter" which
we so desperately long for [besides the many other traits which
are obviously expected of a president] to bring people together to achive common goals. Many people in the US are still deeply divided,
after 8 years of a permanent confrontational demeanor emanating from
Bush-White House.
otto hamann
# Rachel says :
7 November, 2008 [ 04:50 ]
I don't think it's likely Obama is going to attend or that he would even want to. He has 10 weeks to form a transition government...Looks to me like the Peruvian government is trying to suck up to the President Elect.
# c. schmidt says :
7 November, 2008 [ 15:41 ]
High friends, I also think Obama has the head full with other problems- but if I would be him I would send mister Powell (who is handled like his future education minister and seeems to be somehow in the game and is very diplomatic and outspoken and a relaxed travel guy who gets easy in touch with persons )
Today we had at least some congressmen- they spoke a little bit nice funky diplomatic "everyone loves everyone" stuff-
Well- I would have done it more direct- to give a clear straight message to Peruvian people- who feel lets just use rachels expression "sucked" by just lets name it "upsidedowns" and refere straight to nessesary adjustments in institutions acording to democratic rules.
This would have be just fine-and Peruvian people would love this kind of statements and feel the wind of change
Well the American embassador can still do it if his new chief commander tells him so. And quit honest I hope he does soon.
# Less is more says :
7 November, 2008 [ 16:19 ]
Whew! Hey Otto....less is more. Like my H.S. english composition teacher used to tell our class...."I want yor compositions short and sweet, hard to beat, brief and to the point....but oooohhh so precise."
# hamann says :
7 November, 2008 [ 17:24 ]
Hi "Less,"
I could not agree more!
Nothing beats Lindor Truffles Swiss Dark [Chocolate]
Short, sweet, hard to beat, precise, and to the point.
otto
# David says :
8 November, 2008 [ 16:40 ]
Pres. elect Obama has many more important things on his plate other then a visit to Peru (At this time).
I cannot believe the press pushing him on what kind of a dog he will be getting. I guess getting familiar with all things top secret will have to take a back seat to this doggy thing. He did a good side step (Intended or true) by saying that his wife Michelle would be selecting the school for the children.
# "O" says :
8 November, 2008 [ 18:56 ]
The One is not yet president. Garcia Belaunde has no business inviting a non-sitting president to the APEC. It is an insult to the office of the president of the USA. Sorry, wait until 20 Jan 2009.
# c. schmidt says :
10 November, 2008 [ 16:21 ]
high Dave- surely mister "O" has other things to do, you are right - but a doggy- well Peruvian dog would be quit something -"antialergic"-
Well anyhow yesterday "4 power" program was agianst interesting- surely mister O and his A team get infos about that on his desk too-
bingo men-
(if he will like that many former and actual ministers went on Petro- suits or run into our favorite fugitive, if he will like that another doughter also appears in some papers as possible involved in some lets name it heroic business, and today another bingo- Our head army chief does not want for the 7 time declare on diesel- WHY????
well some off Peruvian army chief commanders dont seeme to be so funky like the Peruvian dogs-
Like I say- always give it a push or trying it-
Well anyhow- tommorrow I will visit some of the nacional anticorrruption office- and hope Ii run in someone nice-with or without mister "O", for me it wont matter.
# David says :
10 November, 2008 [ 16:33 ]
C. Schmidt,
One of the forum members owns a kennel in NJ that imports the Hairless Inca Orchard dogs you mention. I mentioned to her that Mr. Obama is in the market for an allergenic dog and that she should get in touch via the media. Good business for her and the breed.
David
# c. schmidt says :
10 November, 2008 [ 18:03 ]
David- - definitly you are in my -"nacked dog for mister Obama club"- we need this future president antiallergic, we need him healthy - he has already enough stress-Add your comment
If they would let my I travel my self with the damm stripper dog - but they won t let me go through because I am to outspoken.
To the forum "O"- We dont insult the present or future presidents- We just want them here!!!!
(May be mister Humalla can bring one of them- He was already in the embassy election party , sounded somehow relaxed and surely made new friends and ve got the impression that in a few years he will be front runner here.
Canciller Belaundes job in deed it is his business is to promote 2/3 world country Peru for investment - he can give a a friendly push to either one of them to come to Peru again - he gets highly payed for his position and David just today remembered that abrige cars have 18 years....
(just between us friends - somehow I thing there are a lot who oficially say - "well we need investment"- but somehow under - like torpedo politics with their complicated byrocracy and justice they pull some investors out- like trying to keep it private for fear from really competicion and only letting corrupted brivory payers in )
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