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Harry Reid smelling anything but rosy in ranch fight
JEROME R. CORSI wnd.com NEW YORK – When Nevada rancher Cliven Bundy refused to take his cattle off land the federal government demanded for the habitat of an endangered desert tortoise, it focused the nation’s attention on an arena Sen. Harry Reid, D-Nev., may have preferred to be kept quiet. An investigative report published last week by Infowars.com drew a connection between Senate Majority Leader Reid’s involvement with Chinese energy giant ENN, Chinese efforts to build massive solar facilities in the Nevada desert and the showdown between Bundy and the U.S. Bureau of Land Management, or BLM. It wasn’t the first report to notice curious dealings involving the Chinese and America’s top Democrats. Harry Reid’s last roundup: Exclusive: Joseph Farah exposes China deal possibly driving fed action against rancher On Jan. 20, 2013, WND warned Chinese government-backed economists were proposing a plan to allow Chinese corporations to set up “development zones” in the United States as part of a plan proposed by the Chinese government to convert into equity the more than $1 trillion in U.S. Treasury debt owned by the Chinese government. The next day, Jan. 21, 2013, WND documented the Obama administration had begun to allow China to acquire major ownership interests in oil and natural gas resources across the USA. China grabs oil interests in USA The first major intrusion of China in the U.S. oil and natural gas market can be traced to the Obama administration decision in October 2009 to allow state-owned Chinese energy giant China Offshore Oil Corporation, or CNOOC, to purchase a multi-million dollar stake in 600,000 acres of South Texas oil and gas fields. By allowing China to have equity interests in U.S. oil and natural gas production, the Obama administration reversed a policy of the Bush administration that in 2005 blocked China on grounds of national security concerns from a $18.4-billion dollar deal in which China planned to purchase California-based Unocal Corp. China’s two, giant, state-owned oil companies acquiring oil and natural gas interests in the USA are CNOOC, 100-percent owned by the government of the People’s Republic of China, and Sinopec Group, the largest shareholder of Sinopac Corporation, an investment company owned by the government of the People’s Republic of China, incorporated in China in 1998, largely to acquire and operate oil and natural gas interests worldwide. to read more: wnd.com
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