Release | Financing the ‘Rope’: Should Federal Employees — Including Congressmen — be Giving the CCP their Pension Funds?
For Immediate Release
July 11, 2023
Hamilton Strategies, [email protected],
Beth Harrison, 610.584.1096, ext. 105,
or Deborah Hamilton, ext. 102
Financing the ‘Rope’:
Should Federal Employees — Including Congressmen —
be Giving the CCP their Pension Funds?
WASHINGTON — Among the most successful and insidious of the “unrestricted warfare” techniques the Chinese Communist Party (CCP) has employed for over three decades is the capture of American elites among the denizens of Wall Street. For the relatively paltry sum of tens of billions of dollars in commissions, sweetheart deals, preferential treatment and other inducements (read, bribes), the CCP has gotten enormous help in financing its quest for absolute control at home and global hegemony abroad.
As a result, by some estimates, American investors in public and other pension funds, 401(k) plans, mutual, index and exchange-traded funds and other vehicles have — in many cases, unwittingly — had their money invested by corporations like BlackRock, Vanguard, State Street, and Fidelity in Chinese Communist companies by some estimates to the tune of $3-6 trillion.
Among those are companies that directly help arm and otherwise enhancing the warfighting capabilities of the People’s Liberation Army. In practice, moreover, pursuant to Chinese dictator Xi Jinping’s “military-civil fusion” doctrine, every Chinese company works for the CCP and its military arm, the PLA. Indeed, under a new intelligence law, so must all companies — including U.S. ones — doing business in the People’s Republic of China.
Last week’s memorable Committee on the Present Danger: China (CPDC) webinar exposed how venture capitalists — epitomized by Neil Shen, reputed to be the world’s most successful VC maven, and his firm, Sequoia Capital — are helping the Chinese Communists weaponize Silicon Valley and America’s technology sector to China’s enormous benefit and America’s great peril.
Today’s CPDC webinar, titled “Financing the ‘Rope’: Should Federal Employees — Including Congressmen — be Giving the CCP their Pension Funds?”, will explore the outrageous fact that Wall Street financiers are now imperiling the savings of not only millions of Americans’ by investing them in our mortal enemy, the Chinese Communist Party. BlackRock and State Street, as managers of the federal Thrift Savings Plan (TSP) are doing the same with the pension funds of many U.S. government employees, present and past, military as well as civilian. The webinar will take place today from 1:30-2:45 p.m.
WHEN: 1:30-2:45 pm ET, Tuesday, July 11, 2023
Moderator: Frank Gaffney, Founder and Executive Chairman, Center for Security Policy; Vice Chairman, Committee on the Present Danger: China
Roger Robinson,President and Co-Founder, Prague Security Studies Institute (PSSI), former Vice President in the International Department of the Chase Manhattan Bank, former Chairman of the Congressional US-China Economic and Security Review Commission
– Topic: “Financing the ‘Rope’: We Must Stop Underwriting History’s Greatest Existential Threat to Freedom”
Captain James Fanell, U.S. Navy (Ret.)
– Topic: “Military Personnel, Veterans and other Federal Employees Must Not Be Compelled to Pay for Communist China’s Growing Threat”
Will Hild, President, Consumer’s Research
– Topic: “Larry Fink and BlackRock: Enabling the CCP with TSP Participants’ Funds”
Robby Stephany Saunders,Former State Department official; former National Security Advisor to Congressman Chip Roy; former advisor to Sen. Mike Lee; Vice President for National Security, Coalition for a Prosperous America
– Topic: “Will Congress Stop the CCP from Weaponizing Its Members’ Pension Funds — and Those of Other U.S. Government Employees?”
Lieutenant General William “Jerry” Boykin, U.S. Army (Ret.), former Commanding Officer, Delta Force and former Deputy Under Secretary of Defense for Intelligence; author, Never Surrender: A Soldier’s Journey to the Crossroads of Faith and Freedom
– Topic: “Patriotic Americans – Especially Those in Government – Must Not Contribute to China’s Growing Appetite, and Capacity, for War”
HOW: Register to attend at PresentDangerChina.org
To interview representatives of the Committee on the Present Danger: China, contact [email protected], Beth Harrison, 610.584.1096, ext. 105, or Deborah Hamilton, ext. 102._______
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