CAN THE US BREAK THE CHINESE SUPPLY LINES?

Lessons are being learned daily as the US deals with the Covid 19 pandemic.  More and more, it’s clear the USA (and our allies) MUST sever the supply lines of medical products coming from China and those products MUST be produced domestically.   So how deep do the ties between business interests in the two countries run?   President Gerald Ford’s Executive Order 11858 in 1975, paved the way and Congress established the “Committee of Foreign Investments in the United States.”  Do you understand what that means?  It happens so frequently that a “committee” to review purchases of American businesses by Chinese interests was put into place to supposedly protect our security.

OBVIOUSLY CFIUS HAS FAILED!

At the same time, American media companies are petitioning the FCC to allow MORE foreign ownership of the companies that own radio and television stations in the US.

Elizabeth spoke with Atty Stephen R. Heifetz of Washington DC about CFIUS.

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