[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

RMN is Reader Supported

Our Goal for
SEP 7 - OCT 5:
$2500

Powered by FundRazr

Click Widget
or Click Here to contribute.

Checks & Money Orders:

Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44005


Users Online:
122

Who Founded RMNews?


Dewitt Jones' Video
"Celebrate What's Right
With The World"


"When the
Starships Fly!"

Listen at YouTube


The Theme for The Obergon Chronicles

Listen at YouTube


The Obergon Chronicles ebook


RUMOR MILL
NEWS RADIO


CGI ROOM
Common Ground
Independent Media


WHAT ARE
THE FACTIONS?


THE AMAZING
RAYELAN ALLAN


BIORHYTHMS

LOTTO PICKS

OTHER WAYS TO DONATE





RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS RADIO

______________

NOVEMBER 2008

Kevin Courtois - Kcbjedi
______________

Dr Robin Falkov

______________

Melinda Pillsbury Hr1

Melinda Pillsbury Hr2

______________

Daneen Peterson

______________

Daneen Peterson

______________

Disclosure Hr1

Disclosure Hr2
______________

Scribe
______________

in_PHI_nitti
______________

Jasmine Hr1
Jasmine Hr2
______________

Tom Chittum Hr1
Tom Chittum Hr2
______________

Kevin Courtois
______________

Dr Syberlux
______________

Gary Larrabee Hr1
Gary Larrabee Hr2
______________

Kevin Courtois
______________

Pravdaseeker Hr1
Pravdaseeker Hr2
______________

DECEMBER 2008

Tom Chittum
______________

Crystal River
______________

Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________

Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________

Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3

JANUARY 2009 ______________

Patriotlad
______________

Patriotlad
______________

Crystal River
______________

Patriotlad
______________

Dr. Robin Falcov
______________

Patriotlad

FEBRUARY 2009

Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies, Spirituality,
Home Schooling, Home Mortgages and more, in:

The Rumor Mill News Reading Room

Biden: It's Okay to Finance China's Military

Posted By: RumorMail
Date: Friday, 26-Feb-2021 12:42:54
www.rumormill.news/166913

by Gordon G. Chang
February 25, 2021 at 5:00 am

Wall Street wants to finance the enemy, and the Biden administration is opening the door wide.... Beijing views the U.S. financial community as its channel to influence the highest levels of the American political system.

"It would be a tragic mistake for the new administration to postpone, dilute, or otherwise eviscerate implementation of the key provisions of Executive Order 13959. Doing so would only serve to enrich Wall Street and Beijing at the expense of American security, fundamental values, and investor protection." Roger Robinson, chairman of the Prague Securities Studies Institute, interview with Gatestone.

The People's Republic of China is a unified state, so the investment ban should apply not only to companies the Trump administration designated but also to all state-owned enterprises. State enterprises are by no means separate businesses. The divisions among them are artificial, and all are tightly controlled by the Communist Party. Each one of these entities, therefore, is military-linked and Party-controlled.

China's Military-Civil Fusion means the People's Liberation Army "has the right to raid any non-military Chinese company for any technology it decides could advance its military strength." Richard Fisher, of the International Assessment and Strategy Center, interview with Gatestone

The Biden administration is allowing Wall Street to use the cash of "scores of millions, up to 160 million Americans" to "fund ICBMs targeting their families, to fund concentration camps in Xinjiang." Most Americans will have no idea their retirement and other savings are being used to finance their own destruction.... financing China's war on America.

Wall Street wants to finance the enemy, and the Biden administration is opening the door wide.

How can this be?

On January 26, the Treasury Department's Office of Foreign Assets Control issued General License No. 1A, which permits Americans to continue acquiring shares in certain companies associated with "Communist Chinese Military Companies," known as CCMCs, until May 27. The previous deadline, set by the Trump administration, was January 28.

The General License delayed a portion of the application of President Trump's landmark Executive Order 13959, issued November 12, 2020.

EO13959 stopped investors, subject to wind-down provisions, from purchasing or possessing shares in any company designated a CCMC. In short, Trump ordered Americans to stop financing China's military, the People's Liberation Army.

There are now 44 companies designated as off-limits to investment, including Semiconductor Manufacturing International Corp., China's leading chipmaker, and China National Offshore Oil Corporation.

The best minds in America did not know how to apply EO13959, which is why Trump amended it on January 13 by issuing another executive order. Moreover, the Office of Foreign Assets Control has issued at least 15 explanations in the form of Frequently Asked Questions.

Some argue that Biden's General License No. 1A is merely one more clarification. Yet in essence, it guts EO13959, allowing investment into dozens of companies that should be off-limits.

The Biden administration, therefore, caved. Wall Street had fiercely opposed Trump's executive order and now has additional time to work for its repeal.

"It would be a tragic mistake for the new administration to postpone, dilute, or otherwise eviscerate implementation of the key provisions of Executive Order 13959," Roger Robinson, chairman of the Prague Securities Studies Institute, told Gatestone. "Doing so would only serve to enrich Wall Street and Beijing at the expense of American security, fundamental values, and investor protection."

Much more on link


Read More




If you enjoyed this article,
Please consider a monthly subscription to Rumor Mill News!!


RMN is an RA production.

The only pay your RMN moderators receive
comes from ads.
Please consider putting RMN in
your ad blocker's whitelist.

Serving Truth and Freedom
Worldwide since 1996
 
Politically Incorrect News
Stranger than Fiction
Usually True!


Powered
by FundRazr
Click Widget
or Click Here to contribute.


Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents

Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents



[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

The Rumor Mill News Reading Room is maintained by Forum Admin with WebBBS 5.12.