Tuesday, July 24, 2012
Why Is The White House Approving The Export Of Sensitive Space Tech To China?
Administration approves controversial export license allowing sensitive space technology transfer to China.
The Obama administration recently notified Congress that it has agreed to license exports of sensitive U.S. space technology to China from a U.S. company that was fined in the past for illegally supplying space support that improved Chinese ballistic missiles.
The State Department’s Directorate of Defense Trade Controls, the unit that licenses exports of sensitive technology, notified House and Senate leaders on Wednesday of plans to go ahead with an export license for a deal between Space Systems/Loral and AsiaSat, a company owned in part by a Chinese state-run investment company linked to past satellite deals in the 1990s.
Read more ....
My Comment: Even if half of this story is true .... it is outrageous. I guess the only reason why they are doing this is to earn a few extra bucks .... and the fact that China owns billions in U.S. debt.
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