Ronald Reagan operationalized his strategy for defeating the Soviet Union with a focused effort to cut off its cash flow.
The USSR’s successor as this country’s greatest existential threat to freedom, the Chinese Communist Party (CCP), has gone to great lengths to avoid the same fate at the hands of Reagan’s successor: Donald Trump.
Specifically, the CCP employed its own vast capabilities and those of its friends in Wall Street, Washington, D.C., and myriad front groups across America to oppose Mr. Trump’s reelection and to try to install in the White House ''old friends'' of China.
Mr. Trump’s administration, however, has just taken a page out of the Reagan playbook.
It decisively reaffirmed a recent executive order that will henceforth deny Chinese military-tied companies the vital cash flow they have been allowed to garner from U.S. capital markets.
Such sanctions can help assure that we win, they lose.
Frank Gaffney Jr. is the Founder and Executive Chairman of the Center for Security Policy (CSP) in Washington, D.C. , a columnist for The Washington Times, and host of the nationally syndicated program, "Secure Freedom Radio." Mr. Gaffney formerly acted as the Assistant Secretary of Defense for International Security Policy during the Reagan Administration, following four years of service as the Deputy Assistant Secretary of Defense for Nuclear Forces and Arms Control Policy. Previously, he was a professional staff member on the Senate Armed Services Committee under the chairmanship of the late Sen. John Tower, and a national security legislative aide to the late Sen. Henry M. Jackson. Frank Gaffney Jr. is president of the Center for Security Policy (CSP). Read more reports from Frank Gaffney Jr. — Click Here Now.
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