Re: Bush's Other Legacy...
by
SNAFOO
07/02/2008, 10:30 AM #
Clinton and Chinese Missiles
Charles R. Smith
Tuesday, Jan. 14, 2003
Chinese Army Gets U.S. Missile Technology for Money
A newly released document from the U.S. State Department reveals that the most successful Chinese espionage operation in recent history occurred during the Clinton administration.
But i digress
Clinton Enron Nexus
Clinton Administration Procured Credit for Enron, Used CIA as Resource for Enron
As I see the usual suspects in the media trying to manufacture a scandal over Enron involving the Bush administration based solely on association, I have to laugh. Clinton and his administration were intimately involved with Enron and Enron CEO Ken Lay during the Clinton years.
Lay acted as a political ally for Clinton, collaborating with him to try and pass Fast Track (they failed) and on implementation of the Kyoto Protocol. Lay turns out to be an old friend of close Clinton aid Mack McClarty.
The Clinton Commerce Department under Ron Brown accompanied Enron officials on various overseas junkets and trade missions. The Commerce Department was an active partner with Enron in acquiring overseas contracts for Enron, in India and China for example. The Clinton administration was instrumental in lining up credit for Enron in these deals and used CIA resources to assess project risk and analyze the strategies of Enron's competitors.
Here are some citations and quotes. Keep this and shut up all the democrats and leftists screaming about this pseudo scandal.
August 1993. New President Bill Clinton takes his first vacation, a ski weekend to Vail, Colorado.
Who shows up to visit with Clinton? Ken Lay, Enron CEO.
The Houston Chronicle
August 16, 1993, Monday, 2 STAR Edition SECTION: A; Pg. 5
HEADLINE: Clinton takes real vacation
BYLINE: GREG McDONALD; Staff
DATELINE: VAIL, Colorado
(excerpt)
A tired-looking Clinton, off on his first real vacation since becoming president, seemed reluctant Saturday morning to admit to reporters that he was having a good time. He kept mumbling stuff about health care being the next big ticket item on his domestic agenda. But by evening, he'd had such a good time on the local links with Ford, golf legend Jack Nicklaus and Houston's own Ken Lay, chairman of the Enron Corp. and one of George Bush's best pals, that he decided to stay over until today. Clinton, his face sunburned but beaming, told reporters that he and first lady Hillary Rodham Clinton and 13-year-old daughter Chelsea were having too good a time to leave Sunday as planned.
1994 - 1995 Clinton Administration "makes a sale" for Enron. Enron and the administration work together to win Enron the contract for a power plant in India.
Clinton uses resources from the CIA to assess risk and analyze the strategy of Enron's British competitor. The administration is instrumental in procuring $400 million in financing from the Export-Import Bank of the United States and the Overseas Private Investment Corporation.
The New York Times
February 19, 1995, Sunday, Late Edition - Final SECTION: Section 3; Page 1; Column 2; Business/Financial Desk
HEADLINE: How Washington Inc. Makes a Sale
BYLINE: By DAVID E. SANGER
DATELINE: WASHINGTON
(excerpt)
For 18 months, the Indian power-plant deal has floated near the top of the list of 100 or so big infrastructure projects around the world that the United States Government desperately wants American firms to win. It is the first of eight big power generation projects in India, and if the American consortium could close this one, it would create a precedent likely to give other American companies an advantage in billions of dollars of follow-on deals. In years past, American officials would have offered some modest help, but only as a sideshow to bigger foreign policy concerns, from containing Communist influence in South Asia to keeping India and Pakistan from accelerating their nuclear arms race. But that was another era in American foreign policy, before the Commerce Department built what Jeffrey E. Garten, the undersecretary of commerce for international trade, calls "our economic war room."
From that Washington war room, the negotiators for the Enron Corporation, the lead bidder in the American consortium, have been shadowed and assisted by a startling array of Government agencies. In a carefully-planned assault, the State and Energy Departments pressed the firms' case. The American ambassador to India, Frank G. Wisner, constantly cajoled Indian officials. The Secretary of Energy, Hazel O'Leary, brought in delegations of other executives -- including some last week -- to make the point that more American investment is in the wings if the conditions are right.
To sweeten the pot, the Export-Import Bank of the United States and the Overseas Private Investment Corporation put together $400 million in financing. And working just behind the scenes, as it often does these days, was the Central Intelligence Agency, assessing the risks of the project and scoping out the the competitive strategies of Britain and other countries that want a big chunk of the Indian market.
The big push by Washington Inc. paid off last month when the Indian government awarded the power plant project to the American consortium.