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China gains chokehold over U.S. defense

February 12, 2011 Comments off

WorldNetDaily

An alarming new report says the United States is choosing to rely on China for the rare earth metals that are critical for the production of America’s strategic defense weapons, giving the communist nation a chokehold on the ability of the U.S. to defend itself, according to Joseph Farah’s G2 Bulletin.

While the U.S. has the world’s second-largest reserves of the substances, instead of facilitating production, it has left China to take over the market – it controls some 97 percent of the global sales of these elements, according to the report.

The American Security Project, in fact, says the U.S. is “completely reliant on China” for rare earth metals for the production of the nation’s most critical weapons systems.

“Rare earth metals are essential for the United States’ military and economic well-being,” the report said. “Yet, the U.S. has been particularly lax when it comes to securing the supply of these metals.

“The U.S. has gone from the world’s top producer and supplier of rare earths to Read more…