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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (63114)	5/1/2005 6:11:26 AM
From: shades	Read Replies (3) of 74559

I am looking at some news posted on alt.politics.economics USENET feed - since mulan and others have decided to make this a china politics thread - lets look at some history - can anyone verify if this stuff is true? CLINTON: What China Got in Return What China Got in Return Published in the Jul. 28, 1997 issue of The Washington Weekly It was revealed during the Chinagate hearings last week that when Haley Barbour in 1995 wanted to meet with Chinese leaders, he received a lukewarm reception. The reason: the Chinese government wanted Clinton to win the election, according to the deposition of Ambrous Young. And we are now engaged in uncovering the millions of dollars they spent to achieve that goal. Why was it so important for them that Clinton win and not Dole? Consider what they have received in return from Bill Clinton: () Supercomputers for weapons development. () Machine tools for missile construction. () Global Positioning System Technology for missile guidance. () Satellites and satellite technology. () A flip-flop to delink MFN trade status and human rights. () Placement of John Huang inside the Commerce Dept. with a security clearance and access to classified information. () The entire U.S. Patent database. () US backing down on the Taiwan issue and withdrawing military presence in Straits of Taiwan during crisis. (*) Sensitive encryption information, hardware and software. Does anyone expect the Chinese to use the database to avoid infringement on U.S. patents? Of course not! In it, this third world country has a reference library on American industrial and military technology. China received everything it asked for, and in return John Huang was moved to the DNC to act as a conduit for payment of the goods Bill Clinton delivered to China. What more could China possibly wish? It is as if China has already won the war. Perhaps it has, and we are only know waking up to realize that fact. Published in the Jul. 28, 1997 issue of The Washington Weekly Copyright 1997 The Washington Weekly (http://www.federal.com) I heard a conference on CSPAN that china was stealing our intellectual property from good honest american companies - why is this tolerated?

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