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To: ChaseR
I take it the family's all gone home, it's raining outside and nothing good is on TV, right?
7 posted on 11/24/2001 10:16:35 AM PST by Mr. Lucky
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To: Mr. Lucky
"I take it the family's all gone home, it's raining outside and nothing good is on TV, right?"

Well Mr. Lucky, mull over the following and you'll see why we all have plenty to think about...rain or shine.

CHINESE TRADE FOR CORPORATE CASH

"Despite such discoveries-that China was threatening our national security-the Clinton-Gore administration's business-as-usual approach never abated. On March 16, 2000, the U.S. ambassador to China, Joseph Prueher, held a dinner meeting at his official residence in Beijing. Seated with Prueher were seventeen American and Chinese officials and representatives of three U.S. satellite makers, including William Wright, a former Pentagon official who now works for Space Systems/Loral, a company whose chairman was the largest contributor to Bill Clinton's 1996 reelection campaign. At the time of the meeting, Loral and a second company, Hughes Electronics, were under federal investigation on charges of illegally passing technology to China that increased the reliability of China's strategic nuclear missiles.

In 1997 the Justice Department launched an investigation into how Loral and Hughes Electronics provided China with extremely valuable technology to keep China's Long March rocket booters from blowing up. More reliable boosters meant fewer launch failures and lower insurance rates for Loral and Hughes satellites.
But the improvement did not help U.S. national security. In fact, by speeding up the modernization of China's strategic nuclear forces, it severely threatened the United States. For the Clinton-Gore administration, the fact that American cities had become easier targets for Chinese nuclear strikes was secondary to helping American corporations do business. The Loral/Hughes technology transfer violated U.S. export laws because it was sensitive "dual-use" technology."
The China Threat

Bill Gertz
pg. 65

22 posted on 11/24/2001 10:36:10 AM PST by ChaseR
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