HUNTER CALLS ON ROMNEY TO OPPOSE BAIN PARTNERSHIP WITH CHINESE COMPANY
Do you agree with Hunter?
San Diego, CA – - – Presidential candidate and current Ranking Member of the House Armed Services Committee, Congressman Duncan Hunter, today called on former Governor Mitt Romney to send a “clear statement” to the leadership of the company he founded, Bain Capital, to terminate a proposed business deal with a controversial Chinese corporation seeking to acquire U.S. defense contractor 3COM. Bain Capital is attempting to form a business arrangement with Huawei Corporation, a Chinese corporation founded by an officer of the Peoples Liberation Army of Communist China, which faces allegations of assisting Saddam Hussein in the targeting of U.S. aircraft and in helping the Taliban develop surveillance equipment.
“I am extremely concerned that Governor Romney’s company would tout a highly suspect Chinese corporation as a strategic partner,” stated Hunter. “Forming a business partnership with a corporation known to have direct ties with terrorists and dictators while, at the same time, openly seeking to acquire a major U.S. corporation that performs vital cyber security work for the Department of Defense, can only be characterized as irresponsible.”
A resolution has been introduced in Congress, H.Res. 730, which states; “The preponderance of publicly available evidence clearly suggests that as currently structured, the proposed transaction involving Huawei threatens the national security of the United States and should not be approved by the Committee on Foreign Investment in the United States .” A copy of this resolution is provided.
Hunter stated in his letter to Governor Romney, “…while it is true that you no longer control Bain Capital, the contributions you have received from its principals as its founding member indicate that your influence within the company remains strong.
“Further, while the Committee on Foreign Investment has yet to rule on the Huawei transaction, this corporation’s connection to Saddam Hussein, the Taliban and the Army of Communist China should clearly disqualify them from becoming, in the words of your former company, “a strategic partner” in acquiring a U.S. firm such as 3COM, which performs vital cyber-security work for the U.S. Department of Defense.
“This letter is a request that you immediately issue a statement of policy that this transaction should be terminated on the grounds of national security. Please let me know what you intend to do.”
A copy of Congressman Hunter’s letter, as well as two articles regarding Huawei acquisition efforts are provided. Media are encouraged to contact Gary Becks at (619) 334-1655 for additional information or to arrange an interview with Hunter.
Hunter makes an excellent point!
I like Duncan. He is the only republican out there that sees through the free trade scam for big business. China is America’s greatest enemy and they are waging an economic war against us. they are winning.
I’m for fair trade not free trade that is not fair. It is insane to send your industry to your enemy. It is insane to become economically dependent to your enemy. It is insane to allow China to dominate us economically.
America needs to wake up.
Justbuildthefence
Are you kidding? While I like Hunter this is the kind of thing Ron Paul has been saying for a long time. And this scheme with China is probably the tip of the iceberg, Romney not being the only one of course. And don’t forget “national security” as the most important reason to stop this. This issue is a great way to uncover neo-cons and neo-libs. (hint, hint)
(Should have said “Chinese Company”) And by improving diplomacy ten-fold we can accomplish much more with much less regarding national security and protecting American jobs too.
Hunter…the guy who touts “his” 14 year old incomplete border fence in San Diego that is over budget 400%?
Last dying gasp of a never was political campaign.
Bart
Why do you hate America?
So, how many other companies that donate money to candidates will candidates be asked to tell how to run the company?
Sheesh.