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Webinar | Why Are We Buying the CCP’s “Rope” to Hang Us?
How the Chinese Communists’ “Old Friends” are Abetting Our Mortal Enemy
In recent days, a series of analyses have exposed the extent to which the U.S. financial sector has been enabling the military build-up, domestic repression and global ambitions of the Chinese Communist Party (CCP). Among these products are analyses of: the insinuation by Vanguard and the FTSI-Russell Index of CCP “A shares” into the portfolios of many millions of mostly unwitting American investors; the extent to which Chinese companies traded on U.S. exchanges are supporting Iran’s regime and its growing threat; the involvement of 5 leading venture capital firms here in identifying and helping transfer to the CCP cutting-edge and, in many cases, militarily relevant technologies; and how Wall Street funds China’s rise.
These products are the more striking as they have been issued as the Chinese capital markets, real estate sector and banks have been in free-fall. The cumulative losses for China’s own and for foreign investors are incalculable. And the fiduciary folly of continuing to send more funds from American pension participants, mutual fund, 401k plans, Exchange Trade Funds and other investment vehicles – to say nothing of the associated strategic peril – is indisputable.
This CPDC webinar assesses the extent to which the Chinese Communist Party’s “old friends” on Wall Street and the people they own in official Washington are imperiling both the financial health of over 100 million American investors and the security of their countrymen and nation. We also address what must be done to prevent irreparable harm from being inflicted on all of the above when, not if, Xi Jinping’s regime either collapses or adds a shooting war to the “unrestricted warfare” the CCP has long waged against America.
Moderator:
- Frank Gaffney, Founder and Executive Chairman, Center for Security Policy; Vice Chairman, Committee on the Present Danger: China, co-author, “The Indictment: Prosecuting the Chinese Communist Party and Friends for Crimes Against America, China, and the World”
Panelists:
- 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: “U.S. Investors are Underwriting the Chinese Communist Party and its military, the People’s Liberation Army.”
- Christopher Iacovella, President and CEO of the American Securities Association and former Special Counsel to a U.S. Commodity Futures Trading Commissioner and the U.S. House of Representatives Committee on Financial Services – Topic: “How Wall Street Funds China’s Rise and the Strategic Implications of Its Doing So.”
- Brian Costello – Successful tech entrepreneur, principal in an Artificial Intelligence start-up – Topic: “Insights into the CCP’s ‘Elite Capture’ of America’s Financial Sector and Government from ‘the Erin Brokovich of Washington Corruption’”
- Kevin Freeman – Host, “Economic War Room with Kevin Freeman”; author, Secret Weapon, According to Plan and Pirate Money; Founder and President, National Security Investment Consultant Institute – Topic: “What Can American Investors Do to Stop Wall Street from Weaponizing their Money for the CCP?”
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