Wednesday, June 3, 2009


READ THE ENTIRE ARTICLE AT: Obama Sells Top US Defense Contractor To Chinese Military For Pennies On The Dollar By: Sorcha Faal In what Russian Military Analysts in a ‘strategic action report’ prepared for Prime Minister Putin are calling the ‘largest abdication in history’ of one countries military power to another, the now United States Government owned, and 24th largest defense contractor to the American Military, General Motors, has been ordered by President Obama to sell its AM General Division to China’s Sichuan Tengzhong Heavy Industrial Machinery Company for $500 million, which these reports state is a price that is ‘pennies on the dollar’ compared to this vital defense companies actual worth. AM General is an American heavy vehicle manufacturer based in South Bend, Indiana best known for the civilian Hummer and military High Mobility Multipurpose Wheeled Vehicle (HMMWV or Humvee) which China’s Dongfeng Motor Corporation and Shenyang Aircraft Corporation have long sought to duplicate with limited success.

No comments: