Monday, September 05, 2016

Bill Clinton Collected Donations, Shipped Tech To China

Former President Bill Clinton approved the sale of sensitive U.S. missile technology to China following donations from a key missile manufacturer to his campaign, in a move prescient of the Clinton Foundation’s “pay-to-play” activities.

Bernard Schwartz donated about $1.5 million to the Democratic Party and Clinton’s 1996 campaign for reelection between 1994 and 1998. Schwartz, who was at the time chairman of Loral Space & Communication Ltd., seems to have used his influence to persuade the Clinton administration to switch the licensing authority for missile exports from the Department of State to the Department of Commerce, as the latter was more vulnerable to political influence.

The Commerce Department subsequently approved Loral’s application for the licenses, prompting the Clinton administration to officially approve the sale of the missile tech to China on May 10, 1999. Clinton pledged in a letter that the export would neither harm national security, nor significantly boost China’s space capabilities.

“Approval was recommended by the Departments of Commerce, State and Defense and is consistent with our policy of supporting the launch of U.S. communications satellites by China subject to strong safeguards being in place,” said National Security Council spokesman David Leavy, according to The New York Times.

1 comment:

Anonymous said...

The Chinese couldn't get a missile off the ground until Clinton sold them our military secrets. Now they have the capability of wiping out our communication satellites and electric grid. And the Sec of State at the time commented that we shouldn't be the only super power in the world. What idiots! Then the Chinese sold our secrets to Iran and North Korea. Who in their right mind would vote for another Democrat?!