CLICK HERE FOR BLOGGER TEMPLATES AND MYSPACE LAYOUTS »

Wednesday, April 30, 2008

You know, I thought this was during Bill's watch

glad someone mentioned it. Via Abcnews I found thise article

Hoosier Responsible?

Clinton Decries China's Acquisition of Indiana Company -- Ignoring Her Husband's Role in the Sale:


The article is found at http://abcnews.go.com/Politics/Vote2008/story?id=4757257&page=1:

What Clinton doesn't tell voters is that Magnequench was originally sold to Chinese interests during her husband's administration, which okayed the move despite concerns about national security and eventual job loss. Experts say the Chinese acquired the "technical sophistication" that created the magnets long before George W. Bush took office.



Sen. Evan Bayh, D-Ind,, Clinton's top surrogate in the state, often joins her on the stump in bashing the president for allowing Magnequench to move abroad. What Bayh doesn't tell voters these days is that he has blamed the company's moving on a 1995 decision made by Clinton's husband's administration.

Andy Albers, a former vice president of Magnequench, said he received a phone call from Clinton's campaign to go over key details of Clinton's Valparaiso event before it happened on April 12.

"I told them all the truth, but it didn't go anywhere," Albers told ABC News. "Evan Bayh and Hillary Clinton are living in some false reality here, making all these false accusations."

In Piittsburgh on April 14, Clinton told voters that "not only did the jobs go to China, but so did the intellectual property and the technological know-how to make those magnets."

Albers says no secrets or intellectual property transferred to China when Magnequench moved in 2003, despite the claims of these politicians.

0 comments: