Rush Limbaugh on one of Linda Daschle’s clients:
RUSH: I have a story from our old buddies at Newsmax right here in my formerly nicotine-stained fingers. Does the name "Loral Space" mean anything to you? Loral Space? Yeah, Bernie Schwartz was the CEO at Loral Space. Let me give you just the short version of this. The State Department used to -- we're going back to the nineties and the Clinton administration, in the early nineties and prior -- the State Department used to oversee the granting of permits of American companies being granted permission to help foreign countries. When the Clintons took over and installed Ron Brown into the Commerce Department position, they shifted that responsibility from the State Department to Commerce. At about this time, the ChiComs were testing the ability to launch rockets and missiles that carried payloads into orbit, and the ChiComs are having trouble achieving orbit. They launched one of these rockets and it failed to achieve orbit, it plummeted back down to earth -- no news on the environmental damage -- and they asked for Loral Space to come over and help them analyze the problem. And, lo and behold, since Loral Space and Bernie Schwartz were huge contributors to Bill Clinton in the Democratic Party, Ron Brown said, "You want to go help the ChiComs; go help the ChiComs." He gave them the waver and Loral went over there to help them figure out how to put something in orbit. That's why we've always said here that without the Clinton administration the ChiComs would be 30 years behind us in missile technology.
Well, here's the latest from our buddies at Newsmax, and the headline: "Kerry's Chinagate - Loral Money Going to DNC: "Loral Space and Communications has hit hard times in recent years. On June 28, a Sea Launch Russian Zenit-3SL rocket failed to put the Loral Telstar 18 satellite into a proper orbit." So much for their help to the ChiComs. "Loral officials stated the big telecommunications satellite had enough on-board fuel to reach a proper orbit but the failure typifies a long series of wrong turns for the ailing satellite firm. In 2002, Loral Space reached a settlement with the State Department over charges of passing advanced military technology to the Chinese Army," the story I just told you about. It was the Clinton administration that authorized that. "Loral agreed to pay $20 million in fines, but did not admit nor deny wrongdoing. In 2003, Loral declared bankruptcy. The aerospace giant that sold for $72 a share in 1996 watched as its shares tumbled to less than 20 cents a share. Yet, despite hard times for its investors, Loral's CEO Bernard Schwartz has managed to cough up over $4 million in political donations for the Democrats and non-profit 527 organizations..."
You want to stack all of this stuff up against Tom DeLay? You want to put all this stuff side-by-side with what Tom DeLay is being accused of? He hasn't done anything that they've proven. He's not been convicted of anything, just been accused. "Doesn't pass the smell test," they say. What the hell is the smell test if it's not being fined for passing military secrets and technology to the ChiComs? And these people agreed to pay a $20 million fine for doing it! Didn't admit anything wrong, of course, and they didn't deny doing anything wrong. And then they're out there raising all this money despite the share price falling from 72 bucks to 20 cents a share, contributing $4 million to the Democrats, and you know that John Kerry got a lot of that.
Recent Comments