Tag Archives: chinese

Chinese Investment Prompts TCU To Back ‘Mountaintop Removal’ Bill

The Tennessee Conservative Union is launching a statewide media campaign in support of a bill banning “mountaintop removal” coal mining, warning the Volunteer State has “become the first state in America to permit a communist Chinese company to destroy our mountains.”
From Andy Sher’s report:
“The Tennessee Conservative Union is 100 percent Pro-Coal, but our organization does not support destroying our mountain heritage,” TCU Chairman Lloyd Daugherty “Mountaintop removal mining kills jobs because it takes fewer workers to blow up a mountain.”
The ad alludes to a Wall Street Journal MarketWatch article from last May which revealed that China-based Guizhou Gouchuang Energy Holdings Group said it had raised $616 million in a private placement to be used mainly to acquire and develop Triple H Coal Company in Jacksboro, Tenn.
That would make Guizhou Gouchuang the first Chinese company to invest in coal in America, MarketWatch reported.
It also quoted an unnamed top executive at Shenhua Group, a wholly state-owned Chinese company, saying Tennessee coal mines were attracting great interest in China as energy companies look at U.S. coal mines.


Note: TCU’s video ad on the issue is HERE.
The news release is below.

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DCCC: Scott DesJarlais and Chinese Prostitution?

News release from the Democratic Congressional Campaign Committee:
Foreign Chinese prostitution money is allegedly behind the groups funding Congressman Scott DesJarlais’s (TN-04) Republican Majority.
The Associated Press reported that Sheldon Adelson – the single largest donor to Congressman Scott DesJarlais’s House Republicans – allegedly “personally approved of prostitution and knew of other improper activity at his company’s properties in the Chinese enclave” of Macau, China. Recently, Senator John McCain said that Adelson is “injecting millions of dollars in Chinese ‘foreign money'” by contributing to Republican campaigns.
“What will Congressman Scott DesJarlais do when his Chinese prostitution money comes from billionaire Sheldon Adelson?” said Jesse Ferguson of the Democratic Congressional Campaign Committee. “House Republicans like Congressman DesJarlais are fighting tirelessly to protect billionaires like Sheldon Adelson who make fortunes overseas and Adelson is now the largest single donor to Congressman DesJarlais’s Republican Majority. It’s past time for Congressman DesJarlais to reject the support of these groups funded by foreign money from a Chinese prostitution strategy.”
Billionaire Adelson has given $5 million to Speaker Boehner’s Congressional Leadership Fund Super PAC, pledged $5 million to Leader Cantor’s Young Guns Network Super PAC, given $70,800 to the National Republican Congressional Committee (NRCC), and has committed at least $20 million into Karl Rove’s American Crossroads. Earlier this year, ABC News found that Adelson’s company “has been under criminal investigation for the last year by the Department of Justice and the Securities Exchange Commission for alleged bribery of foreign officials.”

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