[OKCSubmariner]

Another obervation about Uncle Bill great reply #74:

Tell me why is it that GW Bush ,Condi Rice, the Repubs and Democrats & Congress and American corporations continue to ignore China's terrorism and hold business as usual with China? Are they stupid enough to believe that unfair trade with China will reform CHina?

Why would Bush unilaterally disarm the US of its nuclear delivery systems in face of a belligerant nuke buildup of terror states (and China) by China with an already imposing nuke threat from Russia?

Why would Bush propose sharing US missle defense operational and possible development details with the Russians and CHinese?

I do not agree with GW Bush policies in these areas and I doubt his judgement and motives best serve America (no matter how bad Clinton's corrupt behavior and policies were). Are these Bush bad policies the fruits of Third Way and COmmunitarianism thinking that Bush advisors in the White House advocate?

[Uncle Bill]

"Tell me why is it that GW Bush ,Condi Rice, the Repubs and Democrats & Congress and American corporations continue to ignore China's terrorism and hold business as usual with China? Are they stupid enough to believe that unfair trade with China will reform CHina?"

GEORGE BUSH, FORMER PRESIDENT (Soft on Clinton and China)

Traitor Bill Clinton

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"Mr. Bush's key campaign national security adviser, Condoleezza Rice, has said she does not regard China as a threat,"
Bill Gertz

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While America Sleeps
"Another major state-controlled company that has attracted Wall Street capital is China Resources (Holding), notorious among U.S. counterintelligence officials for the services it renders to Chinese intelligence collectors. Through China Resources Development Inc., registered in Salt Lake City, Utah, the company raised funds from Wall Street in 1996 -- and SEC documents obtained by TAS show it has used that capital to expand state-owned enterprises back in China. Profits from the venture are distributed to directors through a holding company in the British Virgin Islands known as Billion Luck Company Ltd.

By far the largest public offering in the U.S. of a Chinese state-owned company was Huaneng Power International Inc., which raised $600 million on the NYSE in October 1994. The company operates five power plants in China, and pledges to use its U.S. money to finance new power plants in China. But a sizeable portion of the new funds ($51.5 million) was earmarked for paying off low-interest loans that had been advanced previously by provincial governments, which were given 35 percent of the stock in the new company.

It was, if ever there was one, a sweetheart deal. U.S. investors paid $600 million to purchase 25 percent of the company, while the directors gave away 35 percent of the stock, worth $840 million, to their buddies in the local Chinese governments, sweetening the pot even further with a $51.5 million cash pay-off. It may help that Li Xiaopeng, the son of the Chinese premier, sits on the company's board."

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