I tend to blame Clinton less and free trade and globalism more for our loose controls. Corporate America is too focus on profits motive than the inconvenient tech export controls. Loral basicly determined that if China can launch their customers' satellites, they stand to make tons of money compared to their competitors. The Chinese basicly said they can do it but they will need the precision guidance tech to launch the satellites into orbit accurately. Problem is DoD will not release the technology for export. Loral motivated by globalism and not nationalism wanted the profits badly that they were willing to lobby for it. If Clinton had lost the election, the GOP admin, under heavy lobbying by Loral will eventually release the technology to China because it enhances free trade. The China Loral scandal is not about Clinton, but about the free trade/globalist mentality in US corporations and government positions. Loral China is only the first of many stupid short term profit and the future be damn deals in the pipeline. Just look at our open borders policy.
Wrong. It's all aboout clinton. In the 80's China was often used to launch satelites because it was cheaper. But in 1989 Sen. algore wrote up legislation sanctioning against doing so due to the tiannamon square deal. Loral did it anyway in 1996. A major crash occurred. An investigation was ordered and the justice dept was about to prosecute (Loral gave the report to china which advanced their program immensely and is a criminal offense)However bj ordered ANOTHER launch!! He was advised NOT to do so. Ordered the transfer from State dept to Commerce at the request of Bernard Schwartz, prez of Loral, and #1 campaign donor to clinton/gore (at the tune of 1 million bucks).
Thanks to bill, china got all kinds of info that now--today--places them way up there in technology and can now shoot down OUR satellites.
Last week they shot down a weather satelite with a ballistic missile thanks to this advanced info.
It's all thanks to bill clinton!!
You can't really believe that. The corporation is supposed to have the ethics and the politician not? You have everything ass backward my friend.