Secure Freedom Minute

This is Frank Gaffney with the Secure Freedom Minute.

Truly obscene amounts of money are sloshing around as Election Day approaches. The “Harris-Biden” campaign and its friends are particularly awash with cash – especially with Justice Ruth Bader Ginsberg’s passing and the looming fight over her successor. Then, there’s the vast sums the Black Lives Matter organization gives the Democratic ATM known as Act Blue. 

There’s another force pulling out all the stops to influence the outcome of the presidential race this year: the Chinese Communist Party. And it turns out that the CCP is doing a lot of fundraising of its own with help from what should henceforth be known as “Beijing’s Bankers.” 

That’s right. Big Wall Street firms like Goldman Sachs, J.P. Morgan, Citigroup, Morgan Stanley, BlackRock and Bank of America are working to raise tens of billions of dollars for China with the savings of people like you. That must stop.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

In the modern history of the United States, there’s never been a presidential election like this one.

One candidate for the presidency has hardly been seen for months. He’s held few public events. Those he has attended have typically been highly scripted and strictly constrained. His off-the-cuff comments are often unsettling, but generally uncriticized by a media that is, with very few exceptions, fawningly supportive. 

The most extraordinary development in this unprecedented campaign, however, is the fact that the running mate on the Democratic ticket actually referred to the presidency on offer as “the Harris administration.” In the wake of that, presumably inadvertent – and Freudian – slip, though, the Democratic candidate for president’s teleprompter actually had him mention “the Harris-Biden administration.”

It remains to be seen what the voters will make of all this. And whether unprecedented electoral fraud will make it irrelevant. 

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

President Trump has commendably intervened to prevent a Chinese application called TikTok from continuing to vacuum up personal and other sensitive data from American customers. In response to his insistence that the app had to be sold to a U.S. company by September 15th, its owner, Bytedance, reached a last-minute agreement with Oracle.

The trouble is there’s no way to be sure that Chinese Communist Party security services and the companies that support them would actually stop exploiting this app for malevolent purposes – even if Oracle actually owned it and could fully bring to bear that corporation’s considerable technical skills for the purpose. But that’s not the case. So, China can still operate to TikTok users’ detriment – and our nation’s.

President Trump is expected to be briefed by his experts today on the inadequacy of this arrangement. Just say “No,” Mr. President.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

A White House event yesterday marked the promising beginning of diplomatic, economic and strategic ties between Israel and two Muslim states in the Persian Gulf, the United Arab Emirates and Bahrain. The way is now clear for many more such breakthroughs – and possibly for an enduring peace in that troubled part of the world.

President Trump deserves great credit for pursuing policies  that engineered this achievement, starting with his effective rejection of the long-practiced conventional wisdom that such a peace depended on first achieving a negotiated resolution of the Palestinians’ conflict with Israel.

The bottom line is now clear: Peace can only be made with those who actually want it. Israel does. Evidently, so do a growing number of Arab states. And they will have it and the resulting benefits. The Palestinians’ rulers still do not want peace – and they won’t.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

How would you feel if America were at war, albeit a cold one, with a powerful enemy determined to destroy the country and Wall Street financiers were giving that enemy many billions of dollars – possibly some of it yours?

Unfortunately, as new letters from our Committee on the Present Danger: China to the Hong Kong stock exchange, top U.S. investment banks and President Trump make clear, this is not a hypothetical question. It’s what’s happening right now. And Goldman Sachs, J.P. Morgan Chase, Morgan Stanley and Citigroup intend soon to invest millions of Americans’ savings in a problematic Chinese company called Ant Technology Group.

That’s outrageous – for investors, for our human rights values and national security and for the freedom-aspiring people of Hong Kong. It must not happen. Learn more about why, and how you can help prevent it at PresentDangerChina.org.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

The Trump administration in recent months has, to its credit, made clear that there are very real risks to investing in Chinese companies – financial risks, as well in some cases as risks to our human rights values and national security.

Unfortunately, some U.S. financiers are determined to  continue to expose investors here to problematic Chinese companies by sending their pension funds and other monies over there – including via initial public offerings like that of  China’s Ant Technology Group which will be launching shortly in Hong Kong and other Chinese markets.

There are real concerns about inadequately or undisclosed material risks with the Ant Group for investors and for America. There should be real concerns, as well, about U.S. investment banks that appear indifferent to such problems –  and the prospect that the ultimate beneficiary of ignoring them is our mortal enemy: the Chinese Communist Party.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

In recent days, technology and other stocks have been aggressively sold off, most of them by High Frequency Trading, a term that describes automated transactions by algorithm-driven machines.

Kevin Freeman is a best-selling author and television show host who is one of America’s foremost experts on economic warfare. He warns that, under present circumstances, enemies of our country could trigger such High Frequency Trading on a mass scale to crash our capital markets. In fact, achieving that effect has been part of the Chinese Communist Party’s Unrestricted Warfare strategy for over twenty years.

Fortunately, Mr. Freeman points out that a protection against such a tactic is a measure known as “the Uptick Rule.” It was in place for seventy years, worked well and needs to be reinstituted now to protect investors and defeat economic warfare against us.

Learn more at EconomicWarRoom.com.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

The Chinese Communist Party is doing a fundraiser. It’s getting Wall Street’s help to tap American investors for many billions of dollars to underwrite a PRC conglomerate called Ant Group. If they do massively underwrite Ant’s upcoming Initial Public Offering in Hong Kong, Beijing believes its crackdown on that territory will be validated.

Fortunately, a new risk profile by RWR Advisory Group reveals seven compelling reasons not to invest in Ant, including the company’s reported involvement in human rights abuses, diversion of users’ private data and ties to the Chinese military.

President Trump is running this fall on a platform that showcases his serious differences with Vice President Biden about China. Opposing U.S. investments in malevolent CCP companies and standing with the people of Hong Kong – not validating their oppressors – should be a basis for strong bipartisan agreement.

Learn more at DivestChinaNow.org.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

The Pentagon just released an ominous assessment of Communist China’s military build-up. It warns that American investors have been underwriting this alarming and growing threat to our country.

The Defense Department says the Chinese Communist Party’s “fusion” of industrial capabilities for weapons and commercial purposes “means there is not a clear line between the PRC’s civilian and military economies, raising due diligence costs for U.S. and global entities that do not desire to contribute to the PRC’s military modernization.”

Unfortunately, some leading U.S. financiers don’t seem to care that their reckless pursuit of personal profits is enabling the danger we face from our Chinese Communist enemy. For example, best-selling author and filmmaker Peter Schweitzer has a new film called “Riding the Dragon” that documents how Joe Biden’s son, Hunter, apparently did that repeatedly.

There must be costs for funding our foes.

This is Frank Gaffney.

This is Frank Gaffney with the Secure Freedom Minute.

Yesterday, the Pentagon announced that there are now thirty-one “Chinese Communist military companies” doing business inside our country. These include the Chinese Communications Construction Company the U.S. sanctioned just last week.

By law, every Chinese company operating overseas must steal technology, recruit spies, subvert its host government or otherwise serve the motherland if ordered to do so by the CCP. But those are among the main duties of the People’s Liberation Army. Why on earth are any of its front companies – let alone mainstays of China’s military industrial complex – allowed to do business here?

The answer is the same as why such companies are allowed to obtain money from U.S. investors via pension systems, indexes, A share trades, etc.: Some on Wall Street and in corporate board rooms are getting rich. The rest of us are getting hosed. This must end. Now.

This is Frank Gaffney.