We have all been a little loose with labeling President Barack Hussein Obama as a socialist/communist for his apparent actions concerning our foreign and domestic policies. Along with referring to those lefties in the Administration as fellow travelers. But what if President Obama or his fellow travelers were actually socialists/communists and were committed to weakening the United States and its military?
Is it possible that Obama could grant Chinese or Russian communists access to our technology and the secrets carried by telecommunications companies?
What did he mean by that?
President Obama: This is my last election. After my election I have more flexibility.
President Medvedev: I understand. I will transmit this information to Vladimir.
President Obama has never satisfactorily answered what he meant when he referred to “flexibility” in the context of talks over nuclear proliferation.
And now …
Treasury Department May Grant Chinese Businessmen Espionage Waiver
The Committee on Foreign Investment (CFIUS) headed by departing U.S. Treasury Secretary, Timothy Geithner, is currently reviewing the sale of a U.S. technology corporation, A123 Systems, to a Chinese multi-millionaire with historical loyalties to the Chinese Communist Party. If the sale is approved, Wanxiang Group stewarded by Lu Guanqiu, reportedly the third richest man in the National People’s Congress, will take control of A123 Systems and all of its sensitive U.S. defense and utility grid contracts. How comforting?
The Committee on Foreign Investment is an intra-government agency chaired by the U.S. Treasury Secretary and made up of high ranking members of the Defense, State and Commerce Departments. Their goal is to review the national security implications of foreign investment in U.S. corporations. A123 Systems purchase by Wanxiang Group and its national security implications is now being evaluated by the guy who couldn’t get his income taxes right.
A123 Systems is a failing battery technology company granted $249 million under Obama’s economic stimulus program to develop sensitive lithium ion battery technology—originally created by NASA— and currently used by the U.S. Defense establishment. Last October, A123 filed for bankruptcy protections citing as its primary reason its inability to produce a profit. It was subsequently auctioned off and bought by Wanxiang America Corp (an auto-parts company) who managed to beat out Milwaukee based Johnson Controls Inc. for the rights to take ownership of yet another Obama stimulus funded failure. Since Wanxiang, as is everything in China, is owned by the Chinese government, Wanxiang Corps purchase of A123 Systems is being questioned by a handful of concerned government officials. You think? Really?? Somebody is actually paying attention in Washington? Wow!!
So in other words, in order to satisfy our U.S. Treasuries investors—aka China— Timothy “eliminate the debt ceiling” Geithner and other Obama Administration appointees on CFIUS are about to sanction handing over sensitive defense department battery technologies to our largest global competitor and serial technology thief, the Chinese Government. Rep. Marsha Blackburn R-Tennessee has been spearheading a group pressuring Geithner to withhold approving the deal. Sounds to me like espionage will soon be legal if you own a large enough portion of the U.S. debt. Obama sure wasn’t running on that economic reality during the campaign, just free, free, and free!
The DOD’s use for this type of battery technology is far reaching. Everything that travels underground, above or under water and in the air uses battery power. The applications for this technology are staggering. Terms like “global vehicle electrification and grid energy store” paint a picture of a potentially huge national security problem here and abroad if this technology is allowed to be purchased by the Obama debt loan sharks, the Chinese Communist Party.
Where are Treasury Secretary Geithner’s loyalties? Is Geithner a “globalist” with a predilection for Chinese deals?
It appears that Geithner might be an elite globalist and someone who regards the concept of physical and economic sovereignty passé.
He studied Mandarin at Peking University in 1981 and at Beijing Normal University in 1982 and earned an M.A. in international economics and East Asian studies from Johns Hopkins University's School of Advanced International Studies in 1985. He has studied Mandarin and Japanese.
In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department. He was director of the Policy Development and Review Department (2001–2003) at the International Monetary Fund.
In October 2003, at age 42, he was named president of the Federal Reserve Bank of New York <Source>
Bottom line …
Is there a point where the United States will simply roll over and supply China with the access to the technology it formerly had to steal using espionage and spies? Is it short-sighted of the United States to allow a significant competitor in global markets to control or access critical infrastructure technologies? Is there a clear and present danger over allowing our electronic and physical weapons systems to be powered or controlled by foreign-sourced components whose availability during the time of conflict might be uncertain or non-existent?
Who is actually looking out for the United States of America with President Barack Hussein Obama and his fellow travelers in charge?