 | Obama turning to China to fund his 2012 re-election campaign?Scotty Starnes | January 20, 2011 at 12:14 PM | Tags: 2012, Barack Obama, Bill Clinton, Chicago, China, Obama, President Clinton | Categories: Uncategorized | URL: http://wp.me/pvnFC-4cf |
Obama has stolen many pages from the Clinton playbook. It also looks like Obama will do what Bill Clinton did during his re-election campaign: Turn to China and sell out America.
CNSNews.com reports:
...The same week that President Obama invited President Hu to the United States, media outlets reported that Obama was preparing to launch his 2012 campaign in earnest. The Wall Street Journal broke the news that Obama's re-election campaign would be announced this month "with fundraising likely to begin in March or early April." Politico.com stated that Obama's advisers were "quietly working to bring back together the major donor base that produced a record-breaking fundraising haul in his first run for president."
At the same time, many of these outlets reported that Obama faced an uphill battle to raise cash. Obama has alienated the same Wall Street contingent that put him in power; he has alienated the pharmaceutical companies, whom he blackmailed repeatedly during his push for Obamacare. Even Obama's erstwhile allies are shying away from his re-election campaign, with his approval numbers on thin ice.
Where's a struggling Democratic incumbent president to turn? To China, perhaps.
It seems unlikely that Hu is visiting Chicago to hang out at Chinese schools or manufacturing plants. Both New York and San Francisco have larger Asian populations than Chicago. It's even more unlikely that Hu is visiting Chicago because it's a booming economic hub -- the state of Illinois raised its income tax by 66 percent this week due to revenue difficulties.
Hu is visiting Chicago because he is likely meeting with Obama's campaign, which is located in Chicago. David Axelrod is already back in the Second City prepping Obama's campaign. Bill Daley's home base is in Chicago. Rahm Emanuel, a chief architect of Obama's original victory, is running for mayor in Chicago. During the 2008 election cycle, foreign money flooded into Obama's campaign coffers from countries, including Thailand, France, Austria, Germany, Brazil, Hong Kong, Sweden, Uganda, Saudi Arabia, Egypt and the Hamas-controlled Gaza Strip.
Historically, we also know that Democratic presidents seeking to raise money for re-election have not been shy about reaching out to the Chinese.
In 1996, the Democratic National Committee, desperate to recover from a shocking midterm defeat, worked with Chinese agents to funnel money into U.S. elections. In return, President Clinton declassified millions of pages of secret military technology, allowing China to dramatically accelerate its weapons capabilities. No wonder Gen. Ji Shengde, the Chinese intelligence head, explained to one of the Democratic money launderers, "We really like your president. We want to see him re-elected."
If they liked Clinton, they must love President Obama. Obama has made America's economy almost completely reliant on China's. He has slashed America's missile defense capabilities. He has stated over and over again that China is a model of development. Obama has already outsourced America's debt to China. Why not outsource his re-election campaign, too?
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