Was having a conversation with a friend at work and I remember reading something about Clinton giving Aegis tech to China or something like that.
Can someone fill me in on that one?
And wasn't there also something about China funding the Clinton library?
Or am I way off and heard wrong?
There were a bunch of separate-but-related scandals involving campaign financing and shady tech-transfer deals to China. The book Year of the Rat documents at least some of them.
Here you go...................
I keep this handy just for the Klintonistas.
According to 1995 Commerce Department documentation, Bill Reinsch – then head of the Bureau of Export Administration – exchanged a series of highly classified memos with Commerce lawyer Bettie Baca on the export of Loral Globalstar satellites to be launched by Russia.
Reinsch would later publicly deny that he had anything to do with satellite exports prior to 1996 because the technology was then under State Department control. Yet, according to Reinsch's 1995 memos, Loral sought Commerce Department help in obtaining a presidential waiver from Bill Clinton in order to get permission to orbit Globalstar satellites from Russian rockets.
In early 1996, a Loral-built satellite crashed in China after a failed Long March rocket launch. The accident investigation failed to find a critical part of the U.S. satellite, a board of encryption control chips manufactured to withstand the intense radiation of outer space. These special computer chips are also invaluable for modern nuclear combat. The fact that they were missing from the wreckage leads one to believe that the Chinese removed them prior to the launch.
Further investigation into the crash showed that Loral had not sought specific permission to include the encrypted satellite telemetry control chips. The export of these special computer chips to China was clearly a violation of the export control laws.
Immediately following the crash, Loral requested that President Clinton hold up his signature on the Globalstar export waiver. At the same time Loral requested a hold on Clinton's signature, the FBI was investigating Loral for the radiation-hardened control chip export to China. The delay allowed Loral to modify the proposed presidential waiver to include an encrypted satellite telemetry control station for China.
According to a White House memo, Loral was ready for Clinton's signature in early July 1996. Only then did President Clinton sign the waiver for Loral to launch from the former Soviet Union. Clinton's waiver included the transfer of encrypted telemetry control systems to China for the Globalstar satellites.
The Chinese state-run China Ocean Shipping Company (COSCO) shipping firm, a tenant at the Port of Long Beach since 1981, had been negotiating with the Port for additional terminal space for the past few years. The expansion of Pacific Rim trade and the deep-water and rail infrastructure in the Long Beach-Los Angeles area has resulted in a substantial increase in volume. The Port of Long Beach planned to build and to lease to COSCO a $200 million container terminal on 145 acres of former Navy property, using a 10-year lease with additional five-year options. Annual lease payments, estimated at between $13-15 million, or about $100,000 per acre would be consistent with rates paid by other Port tenants. However, on April 21, 1997, the Long Beach Harbor Commission voted to cancel the lease with COSCO.
ESTABLISHING THE SELECT COMMITTEE ON U.S. NATIONAL SECURITY AND MILITARY/COMMERCIAL CONCERNS WITH THE PEOPLE'S REPUBLIC OF CHINA (House of Representatives - June 18, 1998)
From MSNBC, May 27, 1998
[FROM MSNBC, MAY 27, 1998]
Time Line of Clinton China Decisions
(BY TOM CURRY AND ROBERT WINDREM)
As the Clinton administration debated whether to allow U.S. satellites to be lofted into orbit aboard Chinese missiles, Bernard Schwartz, chairman of Loral Space & Communications, and Democratic fund-raiser Johnny Chung, allegedly using money from the Chinese army, gave more than $500,000 in soft money, ostensibly used for `party-building efforts,' to the Democrats.
The Justice Department and Congress are investigating how a technical report on the explosion of a Chinese missile in 1996--a report that could help China assess the reliability of its missile arsenal--found its way into the hands of the Chinese.
That report was prepared by employees of Loral, Hughes Electronics and other firms.
In a statement issued May 18, Loral said that `Bernard Schwartz, chairman of Loral Space & Communications Ltd. . . . was not personally involved in any aspect of this matter. No political favors or benefits of any kind were requested or extended, directly or indirectly, by any means whatever.'
The firm also declared that: `Allegations of a connection between the launch failure and a subsequent presidential authorization for use of Chinese launch services for another [Loral] satellite to China are without foundation.'
Nonetheless, Justice Department and congressional investigators are sure to scrutinize the chronology of gifts and decisions.
The time line does not prove any cause-and-effect relationship between donations and decisions. It does give investigators a basis for their criminal inquiry.
April 24, 1995: Loral chairman Schwartz gives $25,000 to the Democratic National Committee.
June 30, 1995: Schwartz gives $20,000 to Democratic Senatorial Campaign Committee, which provide support for Democratic Senate candidates.
Aug. 30, 1995: Schwartz gives $75,000 to DNC.
Sept. 30, 1995: Schwartz gives $20,500 to DSCC.
Oct. 9, 1995: Secretary of State Warren Christopher decides satellites should remain a military munitions item.
Nov. 29, 1995: Schwartz gives $100,000 to DNC.
Nov. 29, 1995: A Chinese government agency writes Loral, asking for help in getting an upgrade for its dual-use imaging technology, exports of which are prohibited under U.S. sanctions.
Jan. 26, 1996: Loral is sold to Lockheed for $9 billion.
CLINTON APPROVES LAUNCH
Feb. 6, 1996: Clinton approves the launch of four communications satellites on Chinese rockets.
Feb. 6, 1996: Wang Jun of CITIC, owners of percentages in Chinese satellite companies, visits the White House for coffee and dines with Commerce Secretary Ron Brown.
Feb. 8, 1996: The White House and Commerce Department begin to talk about the satellite export issue again.
Feb. 14, 1996: A Chinese rocket carrying Loral Intelsat satellite explodes, destroying a Chinese village.
Feb. 15, 1996: Schwartz gives $15,000 to DSCC.
Feb. 15, 1996: The State Department gets an urgent request from the White House to speed up the process of switching the satellite licensing to the Commerce Department.
Feb. 29, 1996: Schwartz gives $50,000 to Democratic Congressional Campaign Committee, which bankrolls Democratic House candidates.
March 8, 1996: China launches missiles.
March 14, 1996: Clinton decides to move the satellite licensing function to the Commerce Department.
March 15, 1996: Loral President J.A. Lindfelt writes Commerce to say the export of a dual-use technology, known as synthetic aperture radar, is being held up by the Defense, State and Commerce departments.
April 1996: Schwartz announces the formation of Loral Space and Communications.
April 24, 1996: Schwartz gives $50,000 to DSCC.
June 10, 1996: Schwartz gives $100,000 to DNC.
July 22, 1996: Liu Chao-Ying of China Aerospace meets Clinton with Johnny Chung.
July 31, 1996: Schwartz gives $5,000 to DSCC.
INFLUX OF CHINESE MONEY
August 1996: Chung accounts show an influx of $300,000 from Liu Chao-Ying.
Aug. 18, 1996: Chung gives $20,000 to DNC to attend Clinton's birthday party.
Aug. 28, 1996: Chung gives $15,000 to DNC at Democratic National Convention in Chicago.
Sept. 16, 1996: Schwartz gives $30,000 to DSCC.
Sept. 20, 1996: Schwartz gives $20,000 to DSCC.
Oct. 16, 1996: Schwartz gives $10,000 to DSCC.
Oct. 18, 1996: Schwartz gives $70,000 to DNC.
Oct. 24, 1996: Schwartz gives $5,000 to DSCC.
Nov. 5, 1996: New guidelines on Commerce licensing of satellites are published.
Nov. 5, 1996: Clinton is elected to his second term as president.
Oct., 1997: A federal investigation of Loral begins.
Feb. 12, 1998: As Clinton ponders whether to sign another waiver allowing launch of a Loral satellite aboard a Chinese missile, National Security Adviser Sandy Berger sends him a memo saying the Justice Department `has cautioned that a national interest waiver in this case could have a significant adverse impact on any prosecution [of Loral] that might take place based on a pending investigation of export violation.'
But Berger adds that `the advantages of this project outweigh the risk,' and `it is inappropriate to penalize [Loral] before they have even been charged with any crime.'
Feb. 18, 1998: Clinton signs a waiver allowing Loral satellite to be lifted into orbit by the Chinese.
Clinton sold the American people out on many levels, and if it ever is the chinese that overtake us, historians will point to Clinton as having opened the door.
Clinton was such a fucking creep and it's almost a sick joke to hear his harpy bitch-wife go after Bush on the port management deal after what they did with Loral for political donations.
The Aegis thing you're thinking of was controversy over selling Taiwan our effective aegis destroyers. There wasn't anything hinky about that, but it upset the communists in China. Fuck them.
I really want chinese food now for some reason.