Not a Penny!
trump
and Pentagon brass are urged to stop the (Thrift Savings Plan).
You
have got to be kidding me?
SAY
WHAT!
Next
trump will want to sell our military secrets to - - - you guessed it - - -
China!
So
China can now make all of our military equipment, betting that the equipment
will work just like our appliances!!!!!
How
much money will trump voters make off of this deal?
(NOTHING)!
Influential
Veterans’ Letter to the Joint Chiefs of Staff
April
15, 2020
At
a time when China is under fire over the coronavirus, taking American jobs and
aiding U.S. military foes including Iran, the federal government is moving to
shift pension funds to one that invests in several of the communist nation’s
firms, some sanctioned by Washington.
In
a letter signed by several retired flag officers, trump and the
current Pentagon brass are being urged to stop the move by the Thrift Savings
Plan.
“It
is especially intolerable to those of us who have proudly served the nation in
uniform that our retirement investments will help its enemies threaten our
comrades-in-arms and the country we love,” read the two-page letter sent by the
Committee on the Present Danger: China.
“We
call on you as the senior military advisors to our Commander-in-Chief to urge trump to prevent the Thrift Savings Plan from being tapped by
companies tied to the Chinese Communist Party and, thereby, ensure that federal
retirees will not wind up financing our foes,” the letter added.
Among
the retired military officers who signed it are former Marine Corps Commandant
Gen. James Jones, former Reagan national security adviser and Vice Adm. John
Poindexter, former Deputy Undersecretary of Defense and Lt. Gen. William
Boykin, and Lt. Gen. Steven Kwast, former commander of the Air Force Air
Education and Training Command.
Their
letter said that the Federal Retirement Thrift Investment Board has voted to
mirror a fund that invests in the Chinese firms, known as the MSCI All-Country
World ex-U.S. Index. It said that “over 11% of its portfolio” was invested in
the stocks of Communist Chinese enterprises.
To
help in the fight against the investment, the committee has also posted a
petition.
A
statement accompanying the letter listed nine military and communications firms
in the fund that the United States has had issues with. Here is how it
described each:
• AviChina Industry & Technology Ltd.:
AVIC and its subsidiaries develop and produce a range of aircraft, unmanned
aircraft systems and airborne weapons for the People’s Liberation Army. AVIC
and its subsidiaries have been repeatedly sanctioned by the U.S. for missile
proliferation activities in Iran.
• China Shipbuilding Industry Group: Naval
equipment produced by CSIC includes: guided-missile destroyers, frigates,
conventional submarines, nuclear-powered ballistic missile submarines, unmanned
aerial vehicle systems, and, most notably, aircraft carriers.
• Hikvision Digital Technology: Hikvision
manufactures video cameras and other security technology integral to the CCP’s
surveillance state apparatus and its “social credit” system. It has been
sanctioned by the U.S. government for human rights and other activities
“contrary to the national security or foreign policy interests of the United
States.”
• Zhongxing Telecommunications Equipment
Corp.: ZTE is a telecommunications company that has engaged in economic and
trade activities in sanctioned states in violation of U.S. laws and
regulations.
• China Communications Construction Company:
As of 2015, CCCC owned more than half of China’s dredging industry capacity.
Several CCCC subsidiaries have been observed conducting dredging (and other)
activity in support of Beijing’s illegal island-building activity in the South
China Sea.
• China Unicom: China Unicom is providing
telecommunications systems to the contested Paracel Islands and Spratly Islands
in the South China Sea to service China’s civilian and military personnel and
also reportedly to support signals intelligence activities.
• China Mobile Ltd.: China Mobile provides
telecommunications services to illegal fortified Chinese-constructed islands in
the Paracel and Spratly Island chains. In May 2019, the U.S. Federal
Communications Commission denied China Mobile’s application to provide
international telecommunications services between the U.S. and foreign
destinations, saying it “raises substantial national security and law
enforcement risks.”
• China Telecom Corp.: In April 2020, the
U.S. government pulled a license from this Chinese telecommunications company’s
American subsidiary on the grounds that it entailed unacceptable risks of
Chinese espionage and disruption of U.S. networks.
Love and blessings from
Creator to You All
Shechaim Ohjieshan
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