posted on May, 22 2011 @ 10:44 PM
reply to post by incrediblelousminds
Didn't Hillary Clinton in the Obama Administration make this claim recently?
We are talking about the two ports of entry and exit for the Canal, The Pacific Side and the Atlantic Side.
An entity that has it's home base of operations in Hong Kong,,, That is China now,,, you know?
Money Talks and they have the Money and The Control of the Valves.
Here you go, the Hillary story.
The Panama Canal Authority
NewsMax's report correctly noted that as a result of a "1999 deal" . . . the goverment of Panama "let a Chinese company take over the ports at
each end of the Panama Canal . . ." NewsMax never claimed that any Chinese company operated the canal itself.
But Hillary Clinton Said!
Speaking at the 92nd Street Y in Manhattan, Clinton told the Jewish Community Relations Council: "There are those who say we can't [prevent
foreign governments from operating U.S. ports] because look what happened in the last 20 years ... You know, we have the Chinese running the Panama
Canal. We have other government-controlled entities controlling our ports."
While China does not control the Canal, a Chinese-controlled entity called Hutchison-Whampoa has a subsidiary company, the Panama Ports Company.
This company operates the ports Cristobal and Balboa located at each end of the Panama Canal.Some national security experts in the U.S. have argued
that such control of the ports gives China strategic influence over the vital waterway.
Just incase you didn't bother to READ,,, Here is the important part:This company operates the ports Cristobal and Balboa located at each end of
the Panama Canal.