Bizarro.........US helping to build NUCLEAR power plants in ......CHINA

[cthrumatrix]

US's $5 billion nuclear gamble with China
By Kaushik Kapisthalam

On the surface, it's the biggest deal in the history of the Export-Import Bank of the United States - US$5 billion to finance the building of Chinese nuclear power plants by US firms in the energy-starved economic giant. But there's much more to it than big business: closer scrutiny and interviews with experts reveal a weak, inconsistent and ultimately dangerous US policy with regard to China and its past (some say present) weapons proliferation, as well as China's own efforts to acquire nuclear reactors and other Western high technology that could be passed on to less-than-responsible states.

In effect, in the interests of big business, the US is turning a blind eye to past proliferation by Chinese entities with which it deals.

China says it's clean - no more proliferation and unauthorized exports of nuclear materials and equipment to states that should not have them. Not everyone is so sure.

snip

http://atimes01.atimes.com/atimes/China/GC11Ad05.html

We can help China build nuclear power plants..but Iran can't?????

OOOPS...that's right Iran has oil and American companies are greedy for the $$$.


Help me.....?

[Deja Q]

1. It's 5 bil, who cares if our military is worried about Chinese presence in

S. America?

[cthrumatrix]

2. it's all about business...just like in Economic Hitmen

[Mandate My Ass]

3. So both foreign and domestic policy favor big business

over the electorate. No bizarro at all if you take into
account the number of dems who voted for the bankruptcy
bill.

[cthrumatrix]

4. makes you think why Iran is also building Nuclear ...Peak Oil is coming

[NNadir]

5. Get real.

These type of reactors are not suitable for weapons and in any case China has been a nuclear power for many decades.

China is so far ahead of us on energy thinking, it's ridiculous. It's true that their country is an environmental disaster, but so is ours. They however, train scientists, and we train MBA's.

By building nuclear power plants - and thirty or more are planned there - China is working to mitigate the environmental catastrophe (some of which has international consequences) of their current coal based economy.

It's a 1980's illusion that China needs our "technology." We have no technology. We are living on the momentum of our past, but we are sliding to a stop and will soon be sliding backwards. In less than a few decades China will be considering whether or not they want to give us access to their technology.

[jpak]

14. Not true

The spent fuel can still be reprocessed for plutonium.

China is modernizing its nuclear arsenal and there is a need for new fissile material.

$5 billion loan guarantees?????

Can you say Krony-Kapitalism???

[AntiCoup2K4]

6. The Carlyle Group has a lot of money tied up in China

And Junior's Uncle Prescott Jr (Poppy's older brother) was the chairman of something called the "US-China Chamber of Commerce" for years. What's a little nuclear proliferation between old friends? :shrug:

[blm]

7. My take:Poppy Bush made deals with Chinese industrialists in the 70s and

nurtured them along throughout the 80s and 90s with his brother who headed the US-China Chamber of Commerce.

Think WalMart.

They drive down the costs of everything to cut out the mom and pop stores and then force lower wages in THIS country through high unemployment. The economy serves the wealthy and the working class become just servers to that wealth while they must suffice with the cheap goods they can get at WalMart.

WalMarts are set up to become the "company store" for the working drones.

The wealthy Chinese industrialists are Bush's allies and they are buying up our US debt faster than anyone. Bush's SS plan would increase our debt to China by the trillions.

The Bush family cares NOTHING for this country or the citizens. They care only for the international financier friends and sold this nation out to their carefully selected cabal regularly over the last 40 years.

This is Bush's New World Order.

[Skidmore]

8. AND we just sold IBM to them too. I heard this on Lou

Dobbs a couple of nights ago.

[Igel]

12. IBM's PC business, not the rest. n/t

[sarcasmo]

9. Wanting to stay friends with the real Super Power China.

This is all about being in good with China. Still snowing here in West Michigan and I need to shovel before it snows again tonight here in West Michigan.

[Toots]

10. Psst ...Clinton gave China high tech knowledge..We must hate Clinton

We must ...we must....Clinton is the source of all evil in the world.. Bush* is just helping those lovely people have nukes... No problem there is there? Must hate Clinton.... We must ..we must...

[Name removed]

11. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Igel]

13. Yes, and if the US signed on with Kyoto we'd be reaping

big CO2 credits.

On the other hand, by helping to build their plants, we make sure (1) that some of the mercury and other wastes from coal fired plants don't get to the west coast; (2) we limit their CO2 emissions; (3) we mitigate further increases in demand by the Chinese for oil.

Moreover, our techs retool their nuclear-plant building skills for ... maybe ... here.