The CCP’s Financial Warfare: Texas Fights Back, Will the Rest of America?
CPDC Webinar 1 - 2:15 pm ET Today
A CPDC Webinar
Tuesday, Dec 10, 2024
1:00-2:15 p.m. ET
WASHINGTON, DC—From its inception five and a half years ago, the Committee on the Present Danger: China has sought to expose the great and growing threat posed by the Chinese Communist Party and its unrestricted warfare aimed at destroying the United States. Many of the nearly 200 webinars the CPDC has produced to date have documented this reality indisputably.
Unfortunately, over the intervening years, that threat has metastasized further, with the CCP obtaining the option of adding to its array of asymmetric and unconventional techniques for undermining and defeating us the capability to do so the old-fashioned way: with a shooting war.
The People’s Liberation Army Navy is now the largest in the world. Its air force, strategic rocket forces, nuclear arsenal, space warfare capabilities, cyberwarfare and other power-projection capabilities – including Belt and Road infrastructure available worldwide for the purpose – have been massively enhanced.
As the Committee’s publications, videos and other materials have relentlessly pointed out, to add insult to the potential for grave injury, these developments have actually been made possible substantially thanks to the transfer of, by some estimates, $5-6 trillion dollars from American capital markets to thousands of Chinese companies. Incredibly, among them are corporations building weapon systems with which the PLA plans to kill us and various instruments for repressing the people of China.
Fortunately, thanks substantially to the seminal work of our colleagues – notably, Roger Robinson, Fox Business host Maria Bartiromo, the Coalition for a Prosperous America – as well as the Committee’s own efforts – there is a growing awareness about this outrageous, subversive and potentially suicidal arrangement. In particular, there is mounting resistance at the state level to such underwriting of the enemy from attorneys general, treasurers and legislators.
A significant breakthrough occurred on November 21st, however, when Texas Governor Greg Abbott issued the following executive order: "I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity."
The next webinar of the Committee on the Present Danger: China (CPDC) will examine the state of the CCP’s financial warfare against the United States, the continuing enabling of it by what the Chinese Communists call their “captured elites” on Wall Street, the significance of the Abbott initiative and other steps that can be taken to deprive our enemy of the hard currency cash-flow it requires to wage war against us. Join us from 1-2:15 p.m. on Tuesday, December 10th. Register to attend at PresentDangerChina.org.
WHAT: A CPDC Webinar | “The CCP’s Financial Warfare: Texas Fights Back; Will the Rest of America?”
WHEN: 1:00-2:30 p.m. ET, Tuesday, December 10, 2024
WHO:
Moderator: Frank Gaffney, President, Institute for the American Future; Vice Chairman, Committee on the Present Danger: China; Host, “Securing America with Frank Gaffney”
Panelists:
Colonel Grant Newsham, U.S. Marine Corps (Ret.), Former Military Attaché in Embassy Tokyo; former Foreign Service Officer; longtime business executive in the Western Pacific; Senior Fellow, Center for Security Policy; Author, “When China Attacks: A Warning to America”
• Topic: “The Folly of Underwriting our Most Dangerous Enemy Ever”
Captain James Fanell, U.S. Navy (Ret.), Former Director of Intelligence and Information Operations, U.S. Pacific Fleet; co-author, "Embracing Communist China: America's Greatest Strategic Failure”
• Topic: “What $5 Trillion has Bought the PLA: The CCP’s Military Capabilities, Substantially Enabled by American Investors”
Roger W. Robinson, Jr., Former Senior Director for International Economic Affairs, Reagan National Security Council; Co-Founder and Chairman, Prague Security Studies Institute; former President & CEO of RWR Advisory Group; author of IntelTrak software used by the Pentagon and other U.S. agencies; former Vice President, Chase Manhattan Bank; former Chairman and Ranking Member, U.S.-China Economic and Security Review Commission
• Topic: “Warfare in the Financial Domain: How Texas is Leading the Nation in Fighting Back Against the CCP”
Justin Bernier, CEO of National Security Index, Partner at All Source Investment Management, Coalition for a Prosperous America Advisor, former Morgan Stanley portfolio manager, and naval intelligence veteran
• Topic: “Screening Out the CCP’s ‘Bad Actors’ from Emerging Markets: Giving Investors a Responsible Choice”
HOW: Register to attend at PresentDangerChina.org
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CONTACT: Dede Laugesen, executive secretary, Committee on the Present Danger: China, info@presentdangerchina.org.
Prof M Gene Aldridge, Public Policy Liberty Institute, Buckeye AZ
To what extent and in what ways are we convincing Trump and his team to do what Gov Abbott did in Texas…divesting CCP of investments in U.S.? This divestment strategy should be advanced at the National Level, no?
Hasnt China been doing this under the radar since the 60s in the US??