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Politics Latest Messages: +256700756692 Gold nuggets for sale in Luxembourg,..

in 2012, Obama admin allowed the Hong Kong Chinese - Orient overseas container line the

Posted: Jul 19th, 2018 - 11:14 am In Reply to: Not wise to let China set up CA spy shop - sm

following:

1997 - “President Clinton twice met with Long Beach officials to push their plan forward....The deal approved by the Navy turns over the base — valued by the city at $65 million and by preservationists at as much as $300 million — free of charge to the city of Long Beach. The city has already agreed to lease it to COSCO, the China Ocean Shipping Co., which already has a small operation at the base.”

“The prospect has raised some eyebrows — a U.S. government property encompassing prime port space turned over to a foreign shipping company with a recent checkered history and in direct competition with U.S. shippers....”

2012 -- “The Port of Long Beach has reached a tentative agreement on a 40-year, $4.6 billion lease with Orient Overseas Container Line (OOCL) for the Middle Harbor property, in what would be the largest deal of its kind for any U.S. seaport, Port of Long Beach Executive Director J. Christopher Lytle announced.

You have to ask yourselves, just how much money did the Clintons make on that deal and what did Obama gain in the $4.6 Billion?

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