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Rick Scott declares ‘new Cold War’ with Communist China

The Senator predicted sanctions for Beijing.

U.S. Sen. Rick Scott, on Fox Business Thursday, inveighed against the Communist Chinese threat in the starkest possible terms.

“This is a new Cold War,” Scott told host Charles Payne. “Communist China is an adversary.”

“We’re clearly going to ultimately sanction China.  We’re not going to let them sell things on our exchanges …. they’re clearly an adversary,” Scott said. “It’s Communist China run by the Communist Party of China.”

“American companies have come to the realization that Communist China is not our friend,” Scott said. “Think of how all these companies have been devastated by what Communist China did.”

“We’ve got to fight against an adversary and it’s called the Communist Party of China,” Scott said, taking the host aback.

For Scott, Thursday’s comments continue a subtle-as-a-sledgehammer series of seismic strikes against the Beijing regime.

Scott reached out last week to U.S. stock exchanges, major pension plans and underwriters with a stark warning about the “acknowledged and growing threat” posed by the Chinese Communist regime.

“I write to ask you how you and your organization can continue to feel comfortable selling, purchasing, or underwriting these securities when the risk to U.S. investors is so clear and present,” Scott wrote.

The Senator urged investment leaders to “discontinue selling, purchasing, or underwriting U.S. listed Chinese-based companies’ stock for the protection of your investors and American capital markets.”

“We can no longer allow Communist China to get away with flouting our laws, defrauding our citizens and harming American investments,” Scott added.

Scott’s appeal included rigid denunciations of a regime that “can’t be trusted,” but juxtaposed red-meat arguments with assertions arguably more salient to the investor class.

“U.S.-listed Chinese companies present regulatory, oversight and enforcement challenges that undermine transparency and confidence in American markets. U.S. investors have few legal and even fewer practical remedies when Chinese firms that raise capital on U.S. stock markets do not comply with U.S. disclosure rules, or flaunt our regulatory requirements,” the Senator said.

Scott’s call for the investor class to shun Chinese assets came soon after the Senator called on Americans to boycott products from the nation.

Written By

A.G. Gancarski has been a working journalist for over two decades. Gancarski has been a correspondent for FloridaPolitics.com since 2014. In 2018, he was a finalist for an Association of Alternative Newsweeklies "best political column." He can be reached at a.g.gancarski@gmail.com.

4 Comments

4 Comments

  1. No More Republicans !!!

    May 21, 2020 at 3:15 pm

    It’s pretty unbelievable that dummy Republicans elected this felonious scan artist to the governorship the first time. Then, those dummies re-elected him to a second term – and – UNBELIEVABLY – the dopes elected him a third time – to the U.S. Senate!

    If Florida has any future whatsoever – it seems the rest of us really need to get rid of all the damned GOP voters!

    Or, if regular people absolutely do not buy the Republican bullshit – it may be that the regular people need to begin moving out – leaving this particular piece of Jesusland to the GOP Dimwits!

  2. SALJANOS

    May 21, 2020 at 3:19 pm

    There is no moderate wing of the Democrat party people. If you vote for Joe Biden, you are voting for Bernie Sanders, or Elizabeth Warren’s platform.. Joe will follow the radical left’s agenda or Joe won’t get the support and he is…. of Alexandria Ocasio-Cortez, Valerie Jarrett,. Rashida Talib, Stacy Abrams, Ayanna Pressley, Nancy Pelosi, Sheila Jackson Lee, Tom Perez, Maxine Waters, Al Green, and llhan Omar. This is the core of the socialists leftist wing of the Democrat party and they are firmly in charge.. Most or all have already endorsed Joe Biden, so he obviously has committed to their agenda.

    Americans protesting across the country firmly believe the Democrats would be more than willing to completely destroy the economy if it meant getting rid of President Trump. They’ve tried everything else. American citizens aren’t willing to sacrifice their homes, careers, jobs and businesses, 401K for another leftist attempt to remove a President.

    Democrat Platform & Goals:
    (Democrat Taxpayers pay close attention, you’ll pay too)

    -End all deportations of illegal aliens, if you get here, you stay. Bernie’s website calls it a “moratorium” on deportations.
    Democrats Yes.
    Republicans No.

    -Citizenship for 20 to 50 million illegal aliens, DACA & TPS recipients with a cost of billions. Democrats Yes. Republicans No.

    -De-fund & terminate border patrol & ICE.
    Democrats Yes.
    Republicans No.

    -Free Health Care for Illegal aliens, DACA, TPS recipients (taxpayer funded with one estimate at 52 trillion)
    Democrats Yes.
    Republicans No.

    -Ending of all private / employer based health care. “Medicare for all”, Feds run everything.
    Democrats Yes.
    Republicans No.

    -Illegal Aliens eligible for welfare & food stamps. (Elizabeth Warrens plan adopted) Democrats Yes.
    Republicans No

    -Free college for all, including illegal aliens (taxpayer funded estimates in the billions. If you vote Democrat, don’t expect to put Junior in college…..BUT you will finance the education of illegal aliens. Democrats Yes. Republicans No.

    -Decriminalization of illegal entry into our country.
    Democrats Yes.
    Republicans No.

    -Sanctuary Cities & States.
    Democrats Yes.
    Republicans No.

    -Open Borders.
    Democrats Yes.
    Republicans No.

    -Massive tax increases. All Democrat candidates have committed to tax increases of various amounts.
    Democrats Yes tax increases.
    Republicans No tax increases.

    -Reparations for race’s harmed by Caucasians. Joe committed this to “Reverend” Al Sharpton, support for Sheila Jackson Lee’s racist reparations bill in the House. Democrats Yes.
    Republicans No.

    -Drivers licenses for illegal aliens.(already happening in states with Democrat leadership) Democrats Yes.
    Republicans No.

    -Opposed to ANY voter ID Laws.(Nancy Pelosi wanted this amendment in the first corona virus bill) I wonder why?
    Democrats Yes.
    Republicans No.

    -AOC’s green new deal.(which would create massive unemployment,

    • SALJANOS

      May 21, 2020 at 3:24 pm

      -AOC’s green new deal.(which would create massive unemployment, 100,000 jobs estimated in the transportation industry alone.)
      Democrats Yes.
      Republicans No.

  3. Frankie M.

    May 21, 2020 at 5:34 pm

    Is he tired of Venezuela? What country will be June’s flavor of the month? Baskin Robbins wants to know!

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