Sunday, February 16, 2020

IS RED CHINA USING WALL STREET TO DEFEAT AMERICA? - Wall Street is America's greatest threat!

Rob Spalding: Trump’s ‘Real Challenge’ Is China Using ‘Corporate America as Proxies to Fight Their War’

TOPSHOT - This picture taken on October 10, 2017 shows a party flag of the Chinese Communist Party displayed at an exhibition showcasing China's progress in the past five years at the Beijing Exhibition Center. China's police and censorship organs have kicked into high gear to ensure that the party's …
WANG ZHAO/AFP via Getty Images
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China’s Communist Party uses “corporate America [and] Wall Street” as proxies in its war against America, said retired Air Force Brig. Gen. Robert Spalding, author of Stealth War: How China Took Over While America’s Elite Slept and senior fellow at the Hudson Institute, in a Friday interview on SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host Ed Martin.
China procures the political support of American companies and institutions through financial incentives, explained Spalding, who reflected on his time in the Trump administration as a national security advisor to President Donald Trump.
“The real challenge that the president has — and this is what I tried to explain when I went to the White House in 2017, [and] as hard as the government might try to fix this problem — [is] the breadth of what the Chinese Communist Party is doing to incentivize corporate America and Wall Street to really be on their side,” Spalding stated.
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Spalding noted the Pentagon’s dropping of opposition to the Trump administration’s efforts to halt U.S. chip and technology companies from supplying Huawei, China’s state-linked telecommunications giant.
“That is not because the federal government was lobbying for that,” said Spalding of the Pentagon’s shift in position. “It’s because companies like Qualcomm and Intel were lobbying for that. So the private sector, corporate America, Wall Street, they are pushing the government as hard as they can with all their lobbyists to get them to essentially abandon the trade war, to essentially abandon the enforcement measures that the president has put in place, because, quite frankly, their quarterly profits require this full engagement with the Chinese Communist Party.”
Spanding warned, “That’s how they win. They use Americans, and corporate America, and Wall Street as proxies to fight their war.”
China procures American corporations as political allies to lobby the federal government on its behalf, stated Spalding.
“When you’re dealing with Qualcomm and the Department of Defense, it’s much different than dealing with the Chinese Communist Party,” Spalding remarked. “So they come to the Department of Defense, seeming like an ally, when in reality they’re working as a proxy for the Chinese Communist Party, because that’s how China and the Chinese Communist Party has incentivized the system.”
Spalding continued, “The brilliance of [China’s] strategy is really to create the incentives for our own companies and our own financial institutions to essentially abandon the nation of their birth and really, because of quarterly profits, work on behalf of the Chinese Communist Party.”
Mansour asked how a politician like Sen. Bernie Sanders (I-VT) might address national security challenges presented by China if elected president.
“First of all, he’s a communist,” replied Spalding. “He might as well have a running mate that comes from the Chinese Communist Party, because he believes the same things. This is the problem with so many of these candidates. They’re coming out and basically espousing socialist principles, which are essentially what the Chinese Communist Party [pushes].”
Spalding went on, “Xi Jinping says, ‘I am a socialist.’ So, in essence, you could say — Bernie Sanders and Xi Jinping — [their] ideology is the same. The ideology is that you take away individual initiative and you replace it with the control of the government, ‘because we know better than the individual.’ That is not this country. This is not who we are a society.”
Both China and Russia have effectively pursued campaigns of political, social, and cultural subversion against Western values following the end of the Cold War, observed Spalding.
Spalding explained, “The Chinese Communist Party and the Russians, really since the end of the Cold War, have done a great job at continuing the active measures to undermine democracy — and the idea of democracy — by essentially creating this world where on the one side, corporate America says, ‘We are destroying the free trade system because we have tariffs,’ when on the other side, with China and Russia, there is no such thing as free trade.”
Spalding continued, “This is the lie, because there’s no such thing as free trade.
Some Chinese citizens can “really live the American Dream because their government is essentially predatory and parasitic against democracies in the world,” Spalding said, adding, “Our corporate side and financial system all support it on the basis of what they say is free trade.”
Spalding concluded with a call for a renaissance of American values.
“This is the challenge we face,” Spalding determined. “We’re not fighting for the American people. We’re not fighting for the American worker. We’ve given up. We’ve rolled over, and we’ve said, ‘Maybe these guys have a better idea,’ but they don’t. They have the same system that was the Nazi system. The same system that was in Stalinist Russia. It’s the same thing, but they have convinced us to side with them because they have harnessed corporate America and Wall Street.”

Breitbart News Tonight broadcasts live on SiriusXM Patriot channel 125 weeknights from 9:00 p.m. to midnight Eastern or 6:00 p.m. to 9:00 p.m. Pacific.
Follow Robert Kraychik on Twitter @rkraychik.
FEINSTEIN HAS SPENT HER POLITICAL LIFE STALKING THE HALLS OF CONGRESS SNIFFING OUT DEALS THAT PUT HUNDREDS OF MILLIONS IN HER POCKETS.
SHE HAS AVOIDED PROSECUTION BY VOTING AGAINST ANY ETHICS BILLS AND HER HUSBAND, RICHARD BLUM'S HANDING OUT "CAMPAIGN CONTRIBUTION" BRIBES TO EVERY DEMOCRAT OUT THERE!




IN THE November 2006 election, the voters demanded congressional ethics reform. And so, the newly appointed chairman of the Senate Rules Committee, Dianne Feinstein, D-Calif., is now duly in charge of regulating the ethical behavior of her colleagues. But for many years, Feinstein has been beset by her own ethical conflict of interest, say congressional ethics experts.

“All in all, it was an incredible victory for the Chinese government. Feinstein has done more for Red China than other any serving U.S. politician. “ Trevor Loudon

“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes.  This is the way a great country is raided by its elite.” ---- Karen McQuillan  AMERICAN THINKER.com


Senator Who Employed Chinese Spy Endorses Joe Biden for President

Win McNamee/Getty Images
  9 Oct 20192,419
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A high-profile U.S. senator with professional and personal ties to China — including once employing one of its spies — is backing former Vice President Joe Biden amid mounting questions over his son’s business dealings with the communist regime.

Sen. Dianne Feinstein (D-CA), a former chairwoman of the Senate Intelligence Committee, announced her endorsement of the former vice president on Tuesday, claiming to have witnessed Biden’s “fortitude” and leadership during their overlapping tenures in Congress.
Feinstein said in a statement:
I’ve worked closely with Vice President Biden and I’ve seen firsthand his legislative ability, his statesmanship, and most importantly his moral fortitud. During his time in Congress and in the White House, Joe Biden has been a tireless fighter for hard working American families.
The endorsement comes as Biden’s presidential campaign is besieged by scandal regarding the lucrative business dealings his youngest son, Hunter, had with foreign governments.
Only hours before Feinstein’s endorsement, the Chinese government announced it would not investigate how Hunter Biden ended up at the center of one its top private equity firms. The Chinese foreign ministry made the decision after President Donald Trump publicly called for a probe of Hunter Biden’s dealings with Bohai Harvest RST (BHR). In particular, Trump has noted that the circumstances surrounding BHR’s creation could have posed a conflict of interest for Joe Biden.
As Peter Schweizer, senior contributor at Breitbart News, revealed in his bestselling book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, Hunter Biden inked the multibillion-dollar deal that created BHR with a subsidiary of the state-owned Bank of China in 2013.
The timing of the lucrative deal has been brought into question as it came only 12 days after Hunter visited China with his father aboard Air Force Two. Officially, the then-vice president was visiting the country amid escalating tensions over islands in the South China Sea and decided to bring his granddaughter and son along. In a March 2018 interview with Breitbart News Tonight, however, Schweizer detailed the political machinations that preceded Hunter Biden’s $1.5 billion venture with China:
In December of 2013, Vice President Joe Biden flies to Asia for a trip, and the centerpiece for that trip is a visit to Beijing, China. To put this into context, in 2013, the Chinese have just exerted air rights over the South Pacific, the South China Sea. They basically have said, ‘If you want to fly in this area, you have to get Chinese approval. We are claiming sovereignty over this territory.’ Highly controversial in Japan, in the Philippines, and in other countries. Joe Biden is supposed to be going there to confront the Chinese. Well, he gets widely criticized on that trip for going soft on China. For basically not challenging them, and Japan and other countries are quite upset about this.
Since its creation, BHR has invested heavily in energy and defense projects across the globe. As of June, Hunter Biden was still involved with BHR, sitting on its board of directors and owning a minority stake of the fund estimated to be worth more than $430,000.
Such dealings at the center of politics and business, while perhaps not illegal, are not exclusive to the Biden family alone. As a few noted at the time of Feinstein’s endorsement, the senator and her husband have their own close ties to the communist country.
During her tenure as mayor of San Francisco in the late-1970s and early-1980s, Feinstein took advantage of the newly normalized diplomatic relations between the U.S. and China by establishing one of the first sister city partnership between San Francisco and Shanghai. Through that partnership, Feinstein led trade delegations to China in which she and her husband, Richard Blum, became acquainted with some of the country’s most prominent political leaders.
As the Federalist noted in August 2018, Feinstein and her husband leveraged those relationships to boost their own wealth. In 1986, Feinstein and Jiang Zemin — the then-mayor of Shanghai, who would later ascend to the presidency of the People’s Republic of China — “designated several corporate entities for fostering commercial relations.” One of those firms was Shanghai Pacific Partners, which employed Blum as a director. Blum reportedly had an interest of upwards of $500,000 in a project backed by Shanghai Pacific Partners.
After Feinstein was elected to the Senate in 1992, Blum continued profiting off their ties to China. A the same time, the freshman lawmaker was pitching herself as a “China hand” to colleagues, even once claiming “that in my last life maybe I was Chinese.” Through her seat on the Senate Foreign Relations Committee, Feinstein led the fight on a number of initiatives seen as being favorable to China, including granting the country permanent most-favored-nation trading status in 2000.
Despite Feinstein and her husband having a close relationship with Jiang, the Chinese government targeted the senator as part of its espionage operations. In the early 2000s, the Chinese Ministry of State Security (MSS) recruited a longtime employee of the senator to gather information about the inner workings of her congressional and district offices. Feinstein only learned of the staffer’s duplicity in 2013, after he’d already been on her payroll for more than 20 years.
“While this person, who was a liaison to the local Chinese community, was fired, charges were never filed against him,” Politico reported in 2018, speculating that because “the staffer was providing political intelligence and not classified information—making prosecution far more difficult.”
Apart from the convoluted history of the senator’s ties to China, the political timing of Feinstein’s endorsement also caught many off guard. The California Democrat, who hosted a fundraiser on Biden’s behalf last week alongside House Speaker Nancy Pelosi’s (D-CA) daughter, is only the most recent figure from the Democrat establishment to openly pledge support for the former vice president. Feinstein’s endorsement, however, was not totally expected, especially since her seamate, Sen. Kamala Harris (D-CA), is mounting a bid of her own for the Democrat nomination. In fact, earlier this year, Feinsten flirted with the notion of remaining neutral in the 2020 contest out of respect for Harris.
Compounding the political picture is that most polls show Biden no longer the favorite to win California, having fallen behind Sen. Elizabeth Warren (D-MA).
Feinstein, however, did not address any of that when endorsing the former vice president on Tuesday. Instead, the senator offered platitudes about Biden’s work to enhance gun control and how his campaign was a “fight to restore the soul of the nation.”

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