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Hunter: Romney should denounce Bain Capital's Chinese ties
CNN ^ | 11/2/07 | Staff

Posted on 11/02/2007 5:53:53 PM PDT by pissant

WASHINGTON (CNN) — Congressman Duncan Hunter, R-California, who is running for President, called on Mitt Romney, another GOP candidate, to take a public stance on the proposed partnership between the private equity firm Romney founded and a Chinese-based company.

Before running for Governor of Massachusetts in 2002, Romney was the CEO and founder of Bain Capital Partners, a highly successful venture capital and investment firm based in Boston which currently manages more than $50 billion in assets, according to the company's website.

Last month, Bain Capital and China's Huawei Technology purchased 3Com in a deal valued at $2.2 billion. The deal gave the Chinese company a minority stake in 3Com, an internet security company.

Hunter says that 3Com has contracts with the U.S. Dept. of Defense. However, Bain Capital tells CNN 3Com does not contract with the U.S. government directly, and the Chinese company will not have access to sensitive U.S.-origin technology or U.S. government sales as a result of this transaction.

In a letter addressed to Romney, provided to CNN by Hunter's campaign, Hunter claims the Chinese company has ties to Saddam Hussein and the Taliban and asks Romney to come forward with a "clear statement" in opposition to the deal sealed last October.

The Bain Capital deal in question "can only be characterized as irresponsible," Hunter said in a written statement.

In September, other Republicans in the House called on the Bush administration to block the merger and proposed a resolution that says the deal "threatens the national security of the United States and should not be approved by the Committee on Foreign Investment in the United States."

Romney's campaign provided CNN the following statement in response to the request from Hunter, "Governor Romney is no longer involved in Bain Capital and their investment decisions."

(Excerpt) Read more at politicalticker.blogs.cnn.com ...


TOPICS: Politics/Elections
KEYWORDS: 2008; baincapital; china; duncanhunter; elections; romney
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To: Rock&RollRepublican

See #33. You are comparing apples to asteroids, my friend.


41 posted on 11/02/2007 8:06:21 PM PDT by pissant (Duncan Hunter: Warrior, Statesman, Conservative)
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To: Sun; Dr. Marten

American administrations don’t know how to play the Asian “face” game; allowing both parties to get what they want out of the other while treating each other as equals instead of enemies.


42 posted on 11/02/2007 8:09:50 PM PDT by DTogo (I haven't left the GOP, the GOP left me.)
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To: ItisaReligionofPeace

“So, what’s the solution? Go to war with China?”

Be very wary of China, it seems the only man in Washington that is doing that is Duncan Hunter.

Go to war? No. But we don’t have to give them wet, sloppy kisses either. We can trade with them but they are still our enemy and should be treated as such. We should be every bit as open with them as they are with us. How is China doing on that front?


43 posted on 11/02/2007 8:25:02 PM PDT by upsdriver (DUNCAN HUNTER FOR PRESIDENT!!!! The steakiest steak in the race!!)
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To: SteveMcKing

No need to denounce them, but you will be hungry again in 30 minutes. You made a funny, but I am not sure how you buying Chinese food is the same? Did you somehow give the Chinese access to national security secrets? If not, I wouldn’t worry myself too much.


44 posted on 11/02/2007 8:56:32 PM PDT by WildcatClan (DUNCAN HUNTER- The only choice for true conservatives)
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To: Rock&RollRepublican

You don’t need to come clean. You’re not running for President. Unless of course you feel guilty and it would make you feel better.


45 posted on 11/02/2007 9:01:32 PM PDT by WildcatClan (DUNCAN HUNTER- The only choice for true conservatives)
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To: ItisaReligionofPeace

“So, what’s the solution? Go to war with China?”

How about we start with closing that approximately $250 BILLION trade imbalance EACH YEAR that we have with Red China, due to China’s cheating, so that China can’t built it’s military even stronger with American dollars?


46 posted on 11/02/2007 9:15:02 PM PDT by Sun (Duncan Hunter: pro-God/life/borders, understands Red China threat, NRA A+rating! www.gohunter08.com)
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To: WildcatClan
Chinese spies are everywhere. The biggest problem is in universities.

Crack down on them, fine, but purge the whole economy. Singling out one company is ridiculous.

47 posted on 11/02/2007 9:15:37 PM PDT by SteveMcKing
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To: Terpfen

Got proof?


48 posted on 11/02/2007 9:16:37 PM PDT by Petronski (Here we go, Steelers. Here we go!)
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To: DTogo

“American administrations don’t know how to play the Asian “face” game; allowing both parties to get what they want out of the other while treating each other as equals instead of enemies.

I’m afraid American administrations are causing us to lose more than “face.” Red China is playing us for a fool.

They are NOT our friends.

“Chinese military hacked into Pentagon
By Demetri Sevastopulo in Washington

Published: September 3 2007 19:00 | Last updated: September 3 2007 20:53

The Chinese military hacked into a Pentagon computer network in June in the most successful cyber attack on the US defence department, say American *officials.”

snippet from http://www.ft.com/cms/s/0/9dba9ba2-5...0779fd2ac.html (via Drudge)

And here’s what the previous administration did:

“I believe that this espionage case — the Chinese — is the worst in the history of this country. They got just about everything that we have and you’ll see it in the out years in their development of their weapons.” Senator Richard Shelby

http://members.aol.com/hclint0n/rshelesp.mov


49 posted on 11/02/2007 9:20:18 PM PDT by Sun (Duncan Hunter: pro-God/life/borders, understands Red China threat, NRA A+rating! www.gohunter08.com)
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To: Paperdoll

“Why we allowed Red China to purchase our treasury bonds, and why we signed a trade agreement with them to begin with is beyond me!”

It’s unbelievable what our politicians have done to our country. So sad.


50 posted on 11/02/2007 9:24:10 PM PDT by Sun (Duncan Hunter: pro-God/life/borders, understands Red China threat, NRA A+rating! www.gohunter08.com)
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To: SteveMcKing

You are likely correct about spies. This isn’t about spies or singling out one particular company. There is no fine line here, I think it’s obvious when a company that is directly linked to national security or of strategic importance to the US is sold to the Chinese. Why worry about spies when you own the company? The only way I see to deal with this is for all Government entities to break the contracts with 3COM. You are correct, it is ridiculous, but it’s not the singling out of one company that is, but rather the fact that the deal went down in the first place.


51 posted on 11/02/2007 9:34:59 PM PDT by WildcatClan (DUNCAN HUNTER- The only choice for true conservatives)
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To: SteveMcKing

Read up on what 3com does. It cannot be compromised.


52 posted on 11/02/2007 10:25:46 PM PDT by pissant (Duncan Hunter: Warrior, Statesman, Conservative)
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To: Petronski

How exactly can I prove something I don’t know the answer to? I wasn’t asking a rhetorical question. I genuinely do not know. I had read something to that effect in another thread, but that’s hardly a confirmation of facts—something I was asking for.

Yeesh.


53 posted on 11/02/2007 10:40:35 PM PDT by Terpfen (It's your fault, not Pelosi's.)
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To: pissant

I’m not sure Duncan would ‘put his boot on their neck’, but I’m sure he’d get them out of American politics....which would definitely be a good thing.


54 posted on 11/02/2007 11:46:56 PM PDT by Rick_Michael (The Anti-Federalists failed....so will the Anti-Frederalists)
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To: Paperdoll

“His intent to renegotiate that trade agreement with Red China to level the playing field is imperative in avoiding the bankruptcy of America!”

We have trade deficits throughout the world...with almost every other trading partner. Partially our policy, partially our savings, and the latter is our currency system.


55 posted on 11/02/2007 11:50:06 PM PDT by Rick_Michael (The Anti-Federalists failed....so will the Anti-Frederalists)
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To: upsdriver

Good point.


56 posted on 11/03/2007 4:02:05 AM PDT by ItisaReligionofPeace
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To: pissant
Hunter is on the offense....Good!
57 posted on 11/03/2007 5:01:13 AM PDT by Guenevere (Duncan Hunter...President '08)
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To: Rick_Michael

No, I’m pretty sure he’s going to do alot more than that.

http://www.freerepublic.com/focus/f-bloggers/1882543/posts


58 posted on 11/03/2007 7:28:30 AM PDT by pissant (Duncan Hunter: Warrior, Statesman, Conservative)
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To: pissant

On The Issues....duncanHunter_logo

FAIR & EQUITABLE TRADE

Fair Trade, Not Free Trade = Jobs / Packed House in Mission Valley

China Cheating  on Trade / America is a GREAT Nation

SECOND AMENDMENT

Glen & Helen Show / CA Bullet Serialization / A Keyboard and a .45 /Armed & Free

ECONOMY & TAXES

Address to Fair Tax Rally 05-15-07 / Address to CPAC / Fiscal Conservativism

CONGRESSIONAL RECORD

Iraq Resolution / Hunter vs. Democrats / Surge is Working

Senate Amnesty Bill / Amnesty Fails / Amnesty Fails Again  / Hunter Vs. Murtha

LEGAL REFORM

Gonzales Firings / Pardon Scooter? / ”Fairness” Doctrine

Border Agents Compean & Ramos / Defending Border Agents

ENDORSEMENTS

Appeal to Conservatives / General Chuck Yeager / Conservative Voice

Ann Coulter / Magnificent! / Favorite

Announcement – Part 1 & Part 2 / Music Video On the Road to the Oval Office

Conservative Case / A Fresh Face / Blog Collection / Constitution Party / Grassroots HQ

EDUCATION

No Child Left Behind

HEALTHCARE

Ronald Reagan Health Care / ‘National’ HealthCare / “One step closer to socialism”

IMMIGRATION

Border Enforcement is Homeland Security / NAFTA / Secure Border

Building a Fence / “Jobs Americans won’t do”? / Wake Up America 07-19-07

Enforce the Law / No Amnesty / Party of One / Ted Hayes

SAFETY & SECURITY

Dubai Ports / Cooking with Hunter / War On Terror / To America’s Critics / JFK Plot

Mark Steyn on 1986 Amnesty / Firefighter’s Forum / CSIS Forum / Katrina Summit

FAITH & VALUES

Blogs for Life / Judicial Appointments / Right to Life Rally / Hunter's Faith

Terri Shaivo / Mt. Soledad Cross  - Flyer / Roe vs. Wade / Hate Crimes

INTERVIEWS

Dennis Miller (June 1st – 3rd Hour) / Michael Illions

Roger Hedgecock (4/6, 4/24, 4/25, 6/8, 6/29, 7/2, 7/17, 7/19)

Laura Ingraham – Part 1 & Part 2 / Steve Malzberg 06-19-07

Brian Preston – Hot Air / William Gheen - ALIPAC

WRKO Pundit Review Radio / Polipundit Radio / Tom McLaughlin

Kevin McCullough – Musclehead Revolution / John Hawkins

NHPR’s Laura Knoy on The Exchange / Irving Baxter

WESH – Orlando (Conversation with the Candidate) / Wolf Blitzer

 Hardball 07-30-2007 / Hardball - Al Sharpton / George Stephanopolis

 Charlie Rangel – Part 1 & Part 2 / Dennis Kucinich – Part 1 & Part 2

Glenn Beck / JD Hayworth 1 & 2 / Tom McLaughlin / Neil Cavuto

DEBATES

Reagan Library 05-03-07 / After Interview

South Carolina 05-15-07 / Fox Interview

New Hampshire 06-05-07 / Spin Room - NH/ Lynne Hunter

Iowa Presidential Candidate Forum 06-30-07

Iowa 08-05-07 / Hunter vs Paul / After the Debate / De Moines 07-06-07

POLLS

Hunter Beats McCain / Maricopa County, Arizona 01-13-07

Spartanburg, South Carolina 03-01-07 / SC GOP Conventions 04-16-07

Anderson County, South Carolina 04-17-07 / Free Republic / Coryell, Tx / Texas Win

ADDITIONAL AUDIO & VIDEOS

Young Republicans - Part1 - Part2 - Part3 / Texas Straw Poll Speech

Core Principles / BIG STORY WEEKEND with Julie Bandaras / Latest Articles

Brian & the Judge: 01-10-2007 / 02-08-2007 / 03-12-2007/ Cost of WH Run

The Right Balance hosted by Greg Allen / Still in the Race / Duncan D. Hunter

 


59 posted on 11/03/2007 8:01:09 AM PDT by RasterMaster (Rudy McRomneyson = KENNEDY wing of the Republican Party)
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To: RasterMaster

Well, there goes Hunter’s chances for VP, right out the window.


60 posted on 11/03/2007 10:36:01 AM PDT by Saundra Duffy
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