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Originally posted by Rockpuck
reply to post by SLAYER69
Just clarifying that this is NOT the first time in 22 years that this has happened. Bush's Administration blocked the sale of US Ports to Dubai a few years ago if I remember correctly.
Personally I don't really understand why step in now and block this sale. They've come in an purchased so much of our infrastructure and corporations thus far, what's one more wind farm?
U.S. President George W. Bush argued vigorously for the approval of the deal, claiming that the delay sends the wrong message to U.S. allies. Legislation was introduced to the United States Congress to delay the sale.
Originally posted by generik
wow Obama did something right for a change
Originally posted by Hawking
Originally posted by SLAYER69
Thoughts?
He's not the greatest president we've ever had, but this was the right thing to do
Originally posted by jude11
Are these privately owned farms?
If so, Obama has effectively told an American citizen who he can sell his business to and who he can't.
Half way in the middle on this one as it sets a dangerous precedent IMO.
And it looks like the purchase was already made. So the dictator is telling the foreigner to move on. Unless I see this wrong.
Peace
edit on 29-9-2012 by jude11 because: (no reason given)
Originally posted by SLAYER69
C hinese purchase of wind farms in Oregon blocked by President Obama
For the first time in 22 years, a U.S. president has stopped a foreign business from locating in the United States. National security risks is the reason given for blocking four wind farm projects slated for northern Oregon near a Navy installation used to base unmanned drones and electronic warfare planes on training missions, according to the Huffington Post.
Tensions between the U.S. and China have been increasing and this is bound to be another aggravation. Obama ordered Ralls Corporation which is owned by Chinese nationals to relinquish its interest in the wind farms that it had purchased earlier this year.
The president has the final authority to prohibit foreign activities.....
I'm not sure where I stand on this one.
On the one hand I see why the President called them on it regarding possible national security issues. On the other, here we have some people investing money into the economy and providing jobs.
Talk about Americans caught in the middle...
Thoughts?
Originally posted by jude11
Are these privately owned farms?
If so, Obama has effectively told an American citizen who he can sell his business to and who he can't.
Half way in the middle on this one as it sets a dangerous precedent IMO.
And it looks like the purchase was already made. So the dictator is telling the foreigner to move on. Unless I see this wrong.
Peace
edit on 29-9-2012 by jude11 because: (no reason given)
Obama does nothing unless it benefits his cronies or himself.