'Smart-bomb' technology moving to China

WorldNetDaily.com ^ | Tuesday, August 12, 2003 | Sherrie Gossett

[JohnHuang2]

Tuesday, August 12, 2003

Quote of the Day by MEG33

[JohnHuang2]

Nudging this your way, amigo..

[sarcasm]

ping

[StatesEnemy]

What's the problem?

We're a global economy now, you silly rabbits!

[Arthur Wildfire! March]

This seems so familiar....

[risk]

We've been hearing about the move of Magnequench's mfg. to China for a while now, maybe since Clinton was in office. I'm surprised that nothing's been done yet.

[Arthur Wildfire! March]

I have to wonder: no Burton or Barr mentioned? No Cox mentioned? Hm.... I am not going to condemn anyone just yet. We are talking about rat accusers, and 99 times out of a hundred, rat accusers play shell games to try to get a phony 'pay back'. Every time I bash Bush, I feel silly two weeks later.

[Arthur Wildfire! March]

I'll be. Cox is mentioned: "About the 863 Program, the 1999 congressional Cox Report noted, "These projects could advance the PRC's development of materials, such as composites, for military aircraft and other weapons.""

[CROSSHIGHWAYMAN]

What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?

Let's show some American ingenuity for a change.

They already know the business!

I'm sure that French-looking rich guy, Senator Kerry would loan them some start-up cash!

[harpseal]

Very important ping.

Lets hope this thread does not get pulled.

as always on or off let me know

[harpseal]

What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?

Who is going to give a loan to keep a Company in the USA paying Americaqn wages.

Let's show some American ingenuity for a changeAmerican ingenuity was developing the technology. The Chinese already bought the rights to the technology under Clinton now they are just moving their property home.

I do not like this solution but I would suggest a take over of the assetts of this Company by the Federal government would be in order whether or not the current owners want to sell.

[RaceBannon]

More information than before on this bump

[metesky]

If (when) the fit really hits the shan, we're cooked.

[harpseal]

The DoD statement also said, "Nor has China cornered the manufacturing market for such magnets, as numerous alternate suppliers exist (40 percent of world production in Japan, 5.8 percent in the U.S., and 4.8 percent in Europe). Additionally, there are substitute materials for these components available from other sources. "

On th e thread that was pulled the other day it was pointed out that just about every substitute to Magnaquench's products does not do the job anywhere near as well. I owuld have posted the reference but the thread got pulled after over a hundred replies. No reason was given.

[Lazamataz]

On th e thread that was pulled the other day it was pointed out that just about every substitute to Magnaquench's products does not do the job anywhere near as well. I owuld have posted the reference but the thread got pulled after over a hundred replies. No reason was given.

Kinda makes ya wonder.

[harpseal]

May we please keep this thread on this subject. The last thread on this subject was pulled (no reason given) after over a hundred replies. There was a great deal of useful information on that prior thread hopewfully this will garner as much.

[harpseal]

Kinda makes ya wonder.

It does but lets see what happens with this one. Personally I think a few treason trials are in order along with nationalization fo assetts of this company.

By the way I do agree Free Traitor should be painted on the rope used to habg the traitors but of course it should be an American made rope if we can still buy one.

[harpseal]

I would appreciate a reprise of your comments about why even Free Trade advocates find this appalling.

Thank you.

[A. Pole]

Until 1998, there were essentially two active mines in the world producing rare earths for the exotic magnets – the Molycorp mine in Mountain Pass, Calif., and China's Baotou mine.
[...]
The year after the U.S. mine shutdown, China met 88 percent of the world demand for rare earths.
[...]
"It's just the natural evolution of technology and manufacturing driven by raw materials," he told WND, referring to China's low labor costs and abundance of rare-earth materials.
[...]
Companies must establish some sort of China capability to remain profitable.

"The whole magnet industry is seeing these types of pressures," he said. "It's a very difficult equation."

Free trade bump.

[harpseal]

Free trade bump.

I realize some consider the term harsh but in this case I think we can give this a Free Traitor bump.