Posted on 04/25/2020 9:42:47 PM PDT by RomanSoldier19
embers of the United States military are inadvertently funding the rise of their biggest 21st Century adversary — China — through their retirement savings, Army Green Beret and Congressman Mike Waltz (R-FL) warned in an interview this week.
About $50 billion from the 401k-style plan that U.S. troops put their savings into is invested in an index that includes Chinese firms, some of which build weapons systems for the Chinese military, he said in an interview with Breitbart News on Wednesday.
“It’s insane,” he said. “This is the most dangerous adversary we have ever faced.”
Waltz said in a video he tweeted earlier this week:
Every month, me included as a National Guardsman, we contribute to this 401K-style plan. Well guess what? Billions of dollars from it are going over to Beijing and funding Chinese shipbuilding, plane building and all types of companies. Many of which are close to the Chinese Communist Party, some of which are even on the U.S. sanctions lists.
He added:
We cannot have the American military who’s out on the frontlines retirement account funding their biggest adversary in the 21st Century. America, we need to wake up. We are in a Cold War with China, they are certainly in one with us. And we would be no more funding their industry through our retirement than we would the Soviet Union and companies in Russia years ago. We need to think about this differently and this has got to stop.
(Excerpt) Read more at breitbart.com ...
Last year, I had my financial guy get rid of any obvious Chinese investments that were in my portfolio.
There are LOTS of our so-called “leaders” who have been selling out America, to China, for the last 30 YEARS.
Both parties, and some foreign interests, as well.
Still are.
Go into any Walmart, or Target, or basically any store anymore.
Look at basically anything manufactured.
Hardware. Drugs. Computers. Fishing gear. Basically ANYTHING manufactured.
Turn it over, and look.
Most everything says now:
Made in China. And it’s not just democrats.
Hasn’t been for 30 years.
They have ALL been selling us out, continuously, for the last 30 years.
It's our fault. We have all let the most pathetic, unqualified, ethically challenged, narcissistic pinheads overrun our government and our elected offices.
While George W was chasing phantom WMD’s in the sand, his trade policies were funding real WMDs in China.
Every time an American looked at an item for where it was made in it came from China. Now China’s reliance making everything was being threatened by a change in leadership in America which was a major consumer of those products. When Americans hailed their leaders decision to make many of them in their country US. Their politburo worried.
Worse yet opponents to the Chinese regime in power had its citizens protesting its policies , as in Hong Kong, since that change in American leadership wave the American flag and present his name when doing so. All of which presented those in power the need to destroy that leader Donald Trump.
Would a runaway plague created by a nation which could threaten populations of an enemy cause them to react by demanding extreme restriction of movement by its population to prevent its spread ? Thus wind up fragmenting its economy and create defeat for that leader’s upcoming election.
The way this whole thing developed starting with the Italian fashion industry areas controlled by the Chinese commies hit by a runaway CCWV (Chinese Communist Wuhan Virus) breakout occurred in Wuhan the politburo closed off Wuhan but did not warn the Italian Socialist government or the Pope with whom the Chinese government had good relations with.
But certainly violated when the socialists should have been informed and allowed to deny those Chinese workers who replaced Italians in those factories taken over by the Chinese travel to and from China particularly for their New Year while this was occurring. Which Trump did with the exception of only allowing American citizens returning..
Sure looks suspicious particularly when crews of US naval vessels somehow wind up being infected by it while visiting certain Asian ports before that showed up in Italy.
To stop the return of manufacturing of products back to the US that went to China. China backers here who’s family members are making millions from China through their political connections will be hit hard are also claiming that Trump’s alleged stock ownership in a quinine pills maker claim its a controlling interest in a product to be totally ineffective and when used requires a severe restriction of movement when near a possible carrier known as a shutdown because of its rapid transmission .
When he wanted to do the same thing with our socialist insecurity a bunch of people around here thought it was a great idea and only a few of us spoke up.
I know that the Chinese were buying up real estate like nobody’s business, in California in the 80s.
By evicting tenants and bidding up asking prices, they very quickly put an end to $300 per month rents. Gone, overnight.
Asian investment companies now own huge swaths of west coast real estate. They’re hauling huge profits back to China, and they’re a major cause of homelessness in CA.
Hopefully, Bushleague open borders globalism finally dies a speedy death.
Someone, somewhere, high up, was able to get a fat commission on this deal. To hell with the country.
OMG....this is INSANE!
Good move!
I would not doubt it. They hold the title and deed to the United States of America. They hold the title to Bill and Hillary Clinton. Out of 535 Unites States Congressmen/women 435 House 100 Senate they own at least 530 and probably more.
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