Lingering security concerns over the sale of a bankrupt U.S. battery company to a Chinese automaker were re-aired during a classified briefing Thursday afternoon, FoxNews.com has learned.

Those attending included members of the Senate Banking Committee, as well as some Senate leaders' staff members, a congressional source said.

Earlier this week, a federal government committee gave final approval to the sale of A123 Systems to Wanxiang. While not a lot can be done now to reverse the sale of the U.S. taxpayer-backed company, lawmakers like South Dakota Sen. John Thune say they will continue to press for answers on what they call a potential national security threat.

Thune, a member of the Banking Committee, said Friday that he also plans to introduce legislation that would slow the process of selling a company to a foreign competitor.

Worries that the purchase of A123 Systems by a Chinese company with ties to the Communist Party potentially could expose the United States to a security threat have long plagued the controversial sale. Lawmakers voiced concern that technology developed with the help of a taxpayer-backed stimulus grant would soon be owned by an economic rival.

http://www.foxnews.com/politics/2013/02/...test=latestnews

If Obama and this entire administration continue to have their way for the next four years, we will be at a point of no return.
They are selling us "down the river" at a fast pace. We will soon be owned by many different countries with the over-ruling vote going to China.

Our republican leaders are putting up token protest every now and then to appear competent and keep their jobs. No real threat to the Obama administration.

I'd be interested to hear more about the national security threat posed by Chinese ownership of an electric car battery maker.

Quote: Thunderbird wrote in post #3

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I'd be interested to hear more about the national security threat posed by Chinese ownership of an electric car battery maker.

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