End the CCP’s sweetheart access to our capital markets
How is it that Chinese Communist Party companies get preferential treatment in our capital markets? Unlike American corporations, they don’t have to disclose their financial condition or material risks – leaving investors unprotected from fraud and needless losses.
How is it that Chinese Communist Party companies get preferential treatment in our capital markets? Unlike American corporations, they don’t have to disclose their financial condition or material risks – leaving investors unprotected from fraud and needless losses.
Worse yet, American investors may be putting their money into CCP companies that help the regime threaten our country and violate the human rights of Christians and millions of others in China.
It turns out that the CCP’s companies have been able to tap Wall Street for some $3 trillion to date because the Obama administration let them violate our securities laws, accounting standards and regulations. Reporter John Solomon revealed yesterday that in 2013, then-Vice President Joe Biden personally helped make that happen.
On Sunday, fifty-one of us wrote securities regulators urging them to end this arrangement. Help us do that at PresentDangerChina.org.
This is Frank Gaffney.
Mr. Gaffney is the host of Secure Freedom Radio, a nationally-syndicated radio program heard weeknights throughout the country. He is an associate author of highly acclaimed Shariah: The Threat to America and the publisher of over a dozen other books and monographs from the Center for Security Policy Press.
In April 1987, Mr. Gaffney was nominated by President Reagan to become the Assistant Secretary of Defense for International Security Policy, the senior position in the Defense Department with responsibility for policies involving U.S.-USSR relations, nuclear forces, arms control, missile defense policy and U.S.-European defense ties. He acted in that capacity for seven months during which time, he was the Chairman of the prestigious High Level Group, NATO’s senior politico-military committee. He also represented the Secretary of Defense in key U.S.-Soviet negotiations and ministerial meetings.
From August 1983 until November 1987, Mr. Gaffney was the Deputy Assistant Secretary of Defense for Nuclear Forces and Arms Control Policy under Assistant Secretary Richard Perle.
From February 1981 to August 1983, Mr. Gaffney was a Professional Staff Member on the Senate Armed Services Committee, chaired by the late Senator John Tower (R-Texas). And, in the latter 1970’s, Mr. Gaffney served as an aide to the late Senator Henry M. “Scoop” Jackson (D-Washington) in the areas of defense and foreign policy.
Mr. Gaffney holds a Master of Arts degree in International Studies from the Johns Hopkins University School of Advanced International Studies and a Bachelor of Science in Foreign Service from the Georgetown University School of Foreign Service.
Mr. Gaffney’s leadership has been recognized by numerous organizations including: the Department of Defense Distinguished Public Service Award (1987), the U.S. Business and Industry Council’s Defender of the National Interest Award (1994), the Navy League of the United States’ Alfred Thayer Mahan Literary Achievement Award (1999), and the Zionist Organization of America’s “Louis Brandeis Award” (2003), the Western Conservative Summit’s Stephen H. Long Award (2015), the Council for National Policy’s George Washington Military Leadership Award (2016) and the IMPACT Award from Ginni Thomas and United in Purpose (2017).
Mr. Gaffney was born in 1953 and resides in the Washington, D.C. area.
- The UN transforms itself into a world government - September 22, 2024
- Hezbollah is engaged in terrorism, not Israel - September 22, 2024
- Israel must seize the day - September 20, 2024