Mostly limericks, based on current events.

Friday, March 10, 2006

COSCO - RED CHINESE COMPANY - got perks from Clinton

Clinton's special treatment of the Chinese government's shipping company, COSCO, didn't hurt him or Hillary (yet).

* COSCO got guarantees for loans for ships built in Mobile Alabama
* COSCO got permission from The Clinton Administration to access our most sensitive ports with one day's notice rather than the usual four

* COSCO nearly got a Clinton-arranged lease on the Long Beach Navy Base
* COSCO currently runs at least one terminal, in the Port of Long Beach.
Aside from that, Clinton was able to convince folks that it was in "our national interest" for him to guarantee a loan for a Chinese nuclear plant that supplied power for building their war ships.