Eagle Forum Legislative Alerts

Monday, March 25, 2013

Obama's Giveaway to the Communists

America has a China problem that is even bigger than the fact that China holds so much of our U.S. debt. The Obama Administration is now allowing Communist China to buy some of our most precious and up-to-date military technology. This particular chicanery started when the Obama Administration foolishly tried to use taxpayers' money to force green energy to replace fossil fuels. But green energy can't compete in the free market because it's so much more expensive to produce. Obama gave a half-billion U.S. tax dollars to a company called Solyndra to subsidize making solar panels, but the company promptly went bankrupt. Then Obama awarded a grant of $250 million of Stimulus money to a firm called A123 to make batteries for electric cars, but that company also went bankrupt and now is being sold to Communist China with the approval of the Obama Administration.

This sale is dangerous to U.S. security because it involves the transfer of advanced battery technology, which produces longer-life, lighter-weight, higher-power and more stable batteries that can operate in both very low and very high temperatures. In China's hands, the new A123 technology will threaten U.S. electrical power and communications grids. Vice Admiral Barry Costello, former commander of the Navy's Third Fleet, says the sale of A123 will give a big boost to China's military expansion and warfare capability in space, cyber warfare, and unmanned vehicles, all of which rely on battery power. A123 employs more than 100 American scientists and engineers working on sensitive materials that are part of what is being sold to China. If China gets access to A123's commercial applications, it will be easy for China to reverse-engineer the military applications and increase its tremendous military power.

Listen to the radio commentary here:

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