China channeling money through Chavez to drug cartels

[Confederate Kahanist]

http://www.wnd.com/?pageId=193805

China may be helping to bankroll plans by Venezuela's leftist leader to back drug cartels and a terrorist group as they extend their influence into U.S. cities, and U.S. officials are remaining virtually silent about it, according to a report from Joseph Farah's G2 Bulletin.

The silence is attributed largely to an effort to prevent Venezuelan President Hugo Chavez from cutting off oil exports to the U.S., on which the American relies for a third of its daily consumption.

In an analysis entitled "Chavez and China: Challenging U.S. Interests," the American Enterprise Institute, or AEI, has concluded that Chavez is relying heavily on money from China that is investing freely in Venezuela's oil industry, "filling a void as Chavez muscles out U.S. and even local expertise."

In addition to putting capital into Venezuela's oil industry, China is funneling money and expertise into the country's manufacturing and finance sectors in the form of loans and investments.

According to security experts, China has become a virtual "cash cow" that also may be allowing Chavez to help financially as the Revolutionary Armed Forces of Columbia, or FARC, teams up with notorious drug lords in Mexico to try to raise the threat level in U.S. cities.

The U.S. State Department has designated FARC as a foreign terrorist organization.

Chavez never has hidden his vitriol against Washington. While the stated mission of FARC is to overthrow the democratically elected Columbian government, Chavez also sees it as a tool to hit back at the U.S. without any direct fingers being pointed at him.