MagnaQuench? Clinton Administration sent jobs to China

Magnaquench is a former Indiana company that manufactured magnets used in the guidance systems of “smart bombs” (precision guided missiles).  As a result of a deal approved by the Clinton administration, where Magnaquench was sold to China, 200 Indiana jobs were sent to China.  There were no real safeguards for American workers included in the deal.  Sen. Clinton claims now in 2008 that the plan was to keep such jobs in the United States.  Others who worked on the deal during the time say that Clinton’s recollection is incorrect.  Sen. Clinton claimed at a speaking event in Indiana that it was the Bush Administration that sent the Magnaquench jobs overseas to China.  However, if the Clinton Administration had competently structured the deal at its genesis, the Bush administration would not have had any authority in the matter.  Also, if the alleged conditions protecting Indiana workers had been solid, we would still have 200 American jobs instead of 200 new jobs in China.  Going to the White House 10 years after-the-fact and asking it to fix your mess does not make it the fault of the Bush White House but your fault for not structuring the deal properly in the first place.  Not to mention that these are defense weapon parts that are being outsourced to China and the implications to America’s national security that such outsourcing raises.  So now we are not only indebted to China financially but it is now manufacturing parts of our defense weapons.  As an American, that does not make me feel safe at 3am in the morning.  Even Clinton friend and top surrogate, Sen. Evan Bayh, blamed the outsourcing of the Magnaquench jobs to China on the original agreement approved by the Clinton Administration in 1995.  Unfortunately for Sen. Clinton, this deal was approved by the Clinton Administration despite the national security concerns and the forecasted job losses to Indiana.  By not including the necessary safeguards for Indiana workers in such agreement, many workers in Indiana and the Midwest feel that the Clintons failed them. This will not exactly help her with Indiana voters.

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