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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (40308)	5/29/1999 10:07:00 AM
From: Les H	of 94695

Congress Moves to Implement a 10 Day Waiting Period on All Nuclear Technology Transfers WASHINGTON, DC - Republicans in the House of Representatives today used their slim majority to ram through legislation that would require a 10 day waiting period and mandatory CIA background checks on nations seeking to acquire U.S. Nuclear technology. Democrats on Capital Hill fought valiantly to defeat the bill but were not able to muster the votes needed to kill the legislation. Said House Minority Leader Dick Gephardt, "The Republicans are lying when they claim this bill would make the world a safer place. This is nothing more than a GOP effort to keep foreign money from finding its way into DNC coffers. But as long as we control the White House we will continue to sell our nuclear secrets to those nations which contribute large sums of money to Democratic campaigns." The bill will now go to the Senate for debate. The White House has already said that it will veto the legislation should it pass the Senate.

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