Obama loosens missile technology controls to China


	Obama loosens missile technology controls to China

jatfla

10-15-2009 7:27 PM

64 views

jatfla says:

Dear God!!! Is this the price paid to China in return for all the debt this President is mounting???

Regarding Space Systems/Loral and Hughes Electronics Corp....

"Both companies improperly shared technology with China and were fined $20 million and $32 million, respectively, by the State Department after a U.S. government investigation concluded that their know-how was used to improve China's long-range nuclear missiles. "

And WHO was President during the late 1990s? "dangerous space junk" my foot!!!

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President Obama recently shifted authority for approving sales to China of missile and space technology from the White House to the Commerce Department -- a move critics say will loosen export controls and potentially benefit Chinese missile development.
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The president issued a little-noticed "presidential determination" Sept. 29 that delegated authority for determining whether missile and space exports should be approved for China to Commerce Secretary Gary Locke.
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Eugene Cottilli, a spokesman for Commerce's Bureau of Industry and Security, said under new policy the U.S. government will rigorously monitor all sensitive exports to China.
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