Is Obama Selling Military Secrets to China for Debt Forgiveness?

[WhiskeyGirl]

Ran across this article posted in Jumping In Pools. Not sure how credible it is, but allegedly Barack Obama will provide the blueprints for the B-2 stealth bomber to China in exchange for $50 billion in debt relief. According to author Richard Hogarty:

According to the Administration, this proposal will help the United States resolve its debt issues. They point out their belief that the B-2 bomber is "strategically obsolete", according to a source in the White House Press Office. In addition, the source claims that the Chinese would be unable to create their own functioning stealth bomber fleet for "at least eight years."

American allies Taiwan, Japan, and South Korea are very wary of the proposal. Koo Syi, a geopolitical analyst from South Korea, points out that this technology could be passed to China's allies. This was the case when Chinese nuclear technology was transferred to Pakistan and North Korea. According to Koo, Obama has rendered US allies' opinions as "irrelevant."

Alas, laughter is more and more the traditional response when other economies consider the sustainability of the ongoing economic fiasco developing before our eyes (and this author's response to the continued market manipulation)

read more here -

http://seekingalpha.com/article/140729-is-obama-selling-military-secrets-to-china-for-debt-forgiveness

[WhiskeyGirl]

SANTA ANA, California _ Opening statements set in the economic espionage trial of Greg Chung, accused of stealing secrets regarding the space shuttle, a military transport plane and a rocket on behalf of China.

http://www.etaiwannews.com/etn/news_content.php?id=964878&lang=eng_news

First economic espionage trial set in Calif.
By GILLIAN FLACCUS – 1 day ago

SANTA ANA, Calif. (AP) — Dongfan "Greg" Chung developed a reputation as an innovator during his three decades as an engineer for Boeing Co. and Rockwell International.

Federal prosecutors say he was also a hardworking spy.

On Tuesday, Chung is scheduled to become the first person to stand trial under the Economic Espionage Act, which was passed more than a decade ago.

Prosecutors say the Chinese-born Chung, 73, stole hundreds of thousands of pages of highly sensitive documents on the U.S. space shuttle, Delta IV rockets and the C-17 military troop transport, then relayed the secrets to contacts in China.

He is free on $250,000 bail after pleading not guilty to eight counts of economic espionage, three counts of lying to a federal agent and one count each of conspiracy, acting as a foreign agent and obstruction of justice.

Edward J. Appel, a former FBI agent and former director of counterintelligence programs for the National Security Council, said the alleged activities by Chung could be terribly damaging for the U.S. and for Boeing.

"Since about 1990, we've been engaged in a huge economic war (with China). We've gotten hurt, we've really gotten beat up," said Appel, now chief executive of a private intelligence company called iNameCheck LLC.

"Not all countries play this intellectual economic game the same way ... and it's very easy to steal information from a company if you are a trusted insider," he added.

http://www.google.com/hostednews/ap/article/ALeqM5g1-Ie0sO9j4dfzcDflZEP8lyeX5wD98HBQKG0

I have to wonder how many U.S. taxpayer dollars were wasted?  How many of our advantages did this gentleman give away?

Why spend trillions, billions, or millions on ANY research, (including medical and drug) when people like Mr. Chung give it away to others?

How many illegal aliens work here and pay no taxes?  How many spend any number of government welfare checks?

[WhiskeyGirl]

Pentagon Official Accused of Passing Secrets to China in Unfolding Spy Case

Complaint Alleges that James Fondren Passed Along Documents from Classified Computers
By JASON RYAN

May 13, 2009 
9 comments

A mid-level Pentagon official working for U.S. Pacific Command now faces criminal charges in an ongoing espionage investigation for allegedly providing classified information to an agent of the Chinese government. James Fondren served as the Deputy Director of Pacific Command's liaison office and had a long friendship with Tai Shen Kuo, who was arrested and charged last year for passing sensitive information onto Chinese military and intelligence officials.

read more here -
http://www.abcnews.go.com/Blotter/story?id=7579861&page=1

from the comments

Is it not a shame that with all the good pay these top executives are getting every month, they still wanna betray their country for just peanuts. How come this guy of Fondren should be so stupid to sell secrets to no other country but China, if he were to be a Chinese and had done that to them he would have been executed as his punishment. These guys calling themselves Americans and selling the country behind closed doors should be ashamed of themselves, and l think longer sentences or death penealty should be instituted in such crimes.
Lapinto177 May-15