Tuesday, December 19, 2023

COMMENTARY_ The billionaire who clipped Ron DeSantis’ China hawk wings

THE WASHINGTON TIMES

The billionaire who clipped Ron DeSantis’ China hawk wings

Unlike Florida governor and Nikki Haley, Trump isn't owned by big donors


FILE - Chicago Police Supt. Eddie Johnson, left, and Mayor Rahm Emanuel, right, look on as Chicago billionaire Ken Griffin discusses a $10 million donation to reduce gun violence in the city during a press conference in Chicago, April 12, … more >

COMMENTARY

By Peter Navarro - - Tuesday, December 19, 2023

OPINION:


Did a small number of big donors sabotage the now-flailing presidential campaign of Ron DeSantis? That’s a possible subplot behind the recent clipping of the Florida governor’s budding China hawk wings. The incident more broadly reveals a coterie of American billionaires and lobbyists aiding and abetting Beijing’s dangerous rise.

It started this past May. To outflank former President Donald Trump, Mr. DeSantis spearheaded the passage of the Foreign Countries of Concern law in his state. That same month, “DeSanctimonious,” as Mr. Trump would call him, launched his presidential campaign.

Mr. DeSantis’ new law prevents Chinese agents from buying property near U.S. military bases in Florida. It also bans Chinese investment from funding projects there.

It’s no state secret that China loves to buy land near our military bases to surveil them. I saw plenty of unclassified intelligence about that in the White House.

Nor should the Chinese be gobbling up America’s commercial and residential property as spoils of their economic warfare. China’s mercantilist manufacturers steal America’s intellectual property, flood our markets with unfairly subsidized goods, run up our trade deficit, and then recycle back our dollars into buying up America — while driving up rents and home prices for American citizens.

While at first blush, the DeSantis law does indeed seem very tough on China, as always, the devil is in the details. Enter stage right, the apex Wall Street predator, billionaire Ken Griffin — one of the first big donors to hop on the DeSantis train.

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READ MORE: https://www.washingtontimes.com/news/2023/dec/19/billionaire-who-clipped-ron-desantis-china-hawk-wi/

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