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To: mormonsniper
How long has this been in the making? I suspect for some years. If under Bush Jr., I can understand the strategic relevance. If under Obambi, I have reservations.

BTW, for all those who think the USA just gave away the Panama Canal, it was actually a matter of a treaty ending, thanks to Carter and subsequent Presidents who didn't fight to extend it. Sorta like Britain had to give up Hong Kong due to the end of a century old lease.

That actually turned out to be good for the average Chinese. They and their leadership got a big dose of capitalism and are quickly becoming a free-enterprise nation with a growing middle-class (China expects GDP of 8% by year end - what is our projection? ).

The Chi-Coms still have room for improvement politically and civil rights wise, but they are becoming more capitalistic by the day as the USA is becoming more socialist/Marxist by the day. The Chi-coms understand the importance of free-enterprise and are selling off their State controlled assets to private investors/corporations. The USA is in the process of seizing control of personal/corporate assets.

Still, no matter what the circumstances, I can only see this as a good thing. The Panama Canal is one of the most strategic points in the Western Hemisphere. I am encouraged if the US is allowed to have military bases there. I've often worried about the Chi-coms controlling both ends of the canal, even with their move towards capitalism. Someone was thinking here. Again, when and how did this come about?

25 posted on 10/01/2009 10:29:48 AM PDT by A Navy Vet (An Oath is Forever !)
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To: A Navy Vet

“BTW, for all those who think the USA just gave away the Panama Canal, it was actually a matter of a treaty ending, thanks to Carter and subsequent Presidents who didn’t fight to extend it...”

Your source for this wrong info is?

The treaty was in perpetuity. Carter gave it back. There was no end date.


54 posted on 10/01/2009 8:57:33 PM PDT by fred2008
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