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Tuesday, September 06, 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.

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