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Fri Sep 28, 2012, 04:19 PM

Obama blocks Chinese purchase of US wind farms

Source: AP via HuffPo

WASHINGTON Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training missions.

It was the first time in 22 years that a U.S. president has blocked such a foreign business deal.

Obama's decision was likely to be another irritant in the increasingly tense economic relationship between the U.S. and China. It also comes against an election-year backdrop of intense criticism from Republican presidential challenger Mitt Romney, who accuses Obama of not being tough enough with China.

In his decision, Obama ordered Ralls Corp., a company owned by Chinese nationals, to divest its interest in the wind farms it purchased earlier this year near the Naval Weapons Systems Training Facility in Boardman, Ore.


Read more: http://www.huffingtonpost.com/huff-wires/20120928/us-obama-china/

37 replies, 5789 views

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Arrow 37 replies Author Time Post
Reply Obama blocks Chinese purchase of US wind farms (Original post)
Tx4obama Sep 2012 OP
cbayer Sep 2012 #1
kimbutgar Sep 2012 #2
bluedigger Sep 2012 #3
bamacrat Sep 2012 #5
Tx4obama Sep 2012 #11
Pacafishmate Sep 2012 #16
AAO Sep 2012 #17
pnwmom Sep 2012 #32
They_Live Sep 2012 #4
dmr Sep 2012 #34
DreamGypsy Sep 2012 #6
NavyMom Sep 2012 #24
DreamGypsy Sep 2012 #25
pnwmom Sep 2012 #30
MADem Sep 2012 #36
liberal N proud Sep 2012 #7
pnwmom Sep 2012 #33
DeSwiss Sep 2012 #8
jsr Sep 2012 #9
TahitiNut Sep 2012 #10
silverweb Sep 2012 #12
AverageJoe90 Sep 2012 #15
Heather MC Sep 2012 #21
Sirveri Sep 2012 #27
silverweb Sep 2012 #29
Firebrand Gary Sep 2012 #13
hedgehog Sep 2012 #14
dipsydoodle Sep 2012 #19
tama Sep 2012 #26
Union Scribe Sep 2012 #37
Dont call me Shirley Sep 2012 #18
GodlessBiker Sep 2012 #20
Heather MC Sep 2012 #22
Kteachums Sep 2012 #23
no1dolo Sep 2012 #28
pnwmom Sep 2012 #31
AndySipowicz Sep 2012 #35

Response to Tx4obama (Original post)

Fri Sep 28, 2012, 04:21 PM

1. Heard on NPR that they are not discussing the details of the security risk,

which makes sense.

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 04:21 PM

2. Fox and Rump will say this is taking away American jobs


I would not put it past these cretins and even Willard for saying this will destroy American jobs.

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Response to kimbutgar (Reply #2)

Fri Sep 28, 2012, 04:28 PM

3. I expect they will ignore it.

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Response to kimbutgar (Reply #2)

Fri Sep 28, 2012, 04:38 PM

5. You're right and had he not, they would blast him for it..

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Response to kimbutgar (Reply #2)

Fri Sep 28, 2012, 05:31 PM

11. I think the wind farm projects will still be there in Oregon, but not owned by the Chinese. n/t

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Response to kimbutgar (Reply #2)

Fri Sep 28, 2012, 06:02 PM

16. Those morons will spin it whichever way helps them.

 

If he lets it through, he's endangering our security. If he doesn't, he's an impediment to free trade.

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Response to kimbutgar (Reply #2)

Fri Sep 28, 2012, 06:50 PM

17. Why would it take away American jobs? n/t

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Response to kimbutgar (Reply #2)

Sat Sep 29, 2012, 01:41 AM

32. Right. Like there will be no jobs if someone else owns it. n/t

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 04:29 PM

4. How about the security issue of a Chinese company

purchasing American politicians?

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Response to They_Live (Reply #4)

Sat Sep 29, 2012, 03:01 AM

34. I think that's a valid question. n/t

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 04:53 PM

6. Not much information about the Ralls corporation...

but here's a legal noticed filed on 9/12/2012:

]
...to get more information a paid account is required.

Business Week has a basically empty Company Overview

Some transparency by the government would be nice. What is the nature of the credible threat to national security associated with this company? If I am a U.S. citizen of Chinese descent would I also be blocked from establishing wind farms near the Air Force base? What is the military doing with drones there? Just asking ...




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Response to DreamGypsy (Reply #6)

Fri Sep 28, 2012, 08:57 PM

24. A foreign company with a record of stealing from military

should be blocked, they usually test planes & other military equipment on this base. If they were to own this property so close to a base it would be too easy to hack signals or anything else they can steal

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Response to NavyMom (Reply #24)

Sat Sep 29, 2012, 12:17 AM

25. Do you have a link ...

to the evidence of a record of stealing from the military? Thanks!

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Response to DreamGypsy (Reply #25)

Sat Sep 29, 2012, 01:39 AM

30. I remember the case of a spy for China working in a government lab here.

But I don't remember his name.

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Response to NavyMom (Reply #24)

Sun Sep 30, 2012, 12:34 AM

36. +1 nt

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 04:57 PM

7. There goes another Romney talking point

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Response to liberal N proud (Reply #7)

Sat Sep 29, 2012, 01:41 AM

33. Yes! n/t

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 05:05 PM

8. I'm sure they can find somewhere else to put that money.....

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 05:08 PM

9. A wise decision.

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 05:27 PM

10. What else are they supposed to do with all the DOLLARS we send them?

After all, DOLLARS are ultimately only worth what they can buy here, in the U.S.


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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 05:36 PM

12. The Chinese company should invest in CHINA.

From what I've seen of their air pollution, they ought to be investing in and building wind farms in their OWN country where they're desperately needed.

They don't need to be here and the President was exactly right to send them packing.

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Response to silverweb (Reply #12)

Fri Sep 28, 2012, 05:58 PM

15. Exactly! nt

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Response to silverweb (Reply #12)

Fri Sep 28, 2012, 07:23 PM

21. Boom!!!!

All they want to do is get the right to take it back to their country. It very very frustrating how they keep snatching jobs away from the US. Have we gone to China and Taken jobs from them and brought them back to the US? does that ever happen?

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Response to silverweb (Reply #12)

Sat Sep 29, 2012, 12:43 AM

27. The likely intend to reverse engineer the wind turbines and take the tech home.

Along with putting up passive EM signal scanners to monitor the frequencies around the base to figure out what they're using to control the drones so they can jam them.

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Response to Sirveri (Reply #27)

Sat Sep 29, 2012, 01:03 AM

29. You're right.

That didn't even occur to me until some time later.

Obviously, the President had all his reasons for banning the deal well thought out.

(Thankfully, he's a lot smarter than me! )

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 05:47 PM

13. I'm NOT sorry, Foreign investors should NOT be allowed to own US energy companies.

There are plenty of other business opportunities, we need all of those sustainable jobs that we can get.

Good for Obama!

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Response to Firebrand Gary (Reply #13)

Fri Sep 28, 2012, 05:49 PM

14. My gas and electric company is owned by a British firm -

fell like a colony, anyone?

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Response to hedgehog (Reply #14)

Fri Sep 28, 2012, 07:09 PM

19. I'm UK and my water supply is owned by Vieolia

which is French and the gas supply by Centrica which as far as I'm aware is American.

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Response to Firebrand Gary (Reply #13)

Sat Sep 29, 2012, 12:41 AM

26. And...

 

US investors should NOT be allowed to own foreign energy companies?

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Response to Firebrand Gary (Reply #13)

Sun Sep 30, 2012, 01:24 AM

37. I agree. nt

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 06:55 PM

18. That was a smart move Mr. President.

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 07:16 PM

20. Good move. I wonder if Rmoney will criticize the President for this decision...

after putting ads out there that said the President was too soft on China.

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Response to GodlessBiker (Reply #20)

Fri Sep 28, 2012, 07:24 PM

22. If we know Rmoney i bet he owns stock in the Chinese Company

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Response to Tx4obama (Original post)

Fri Sep 28, 2012, 08:56 PM

23. Isn't China where Romney was having a fundraiser?

Did I read it wrong?

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Response to Tx4obama (Original post)

Sat Sep 29, 2012, 12:54 AM

28. This is why I can sleep at night.!

I don't need to know all the details but I feel Pres. Obama really has our backs! I had many sleepless night with Bush as president.

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Response to Tx4obama (Original post)

Sat Sep 29, 2012, 01:40 AM

31. Good. Someone else can own it. n/t

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Response to Tx4obama (Original post)

Sat Sep 29, 2012, 10:06 AM

35. good

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