Taiwan's plans to purchase new F-16's are stalledPerhaps file this one under the growing file of Politics is Money stories- a U.S. business group head has accused Obama of compromising the security of Taiwan in the interest of promoting a better relationship with China. An interesting accusation, as Obama certainly wants to get closer, well, as close as possible, to the Chinese government- that is essential to the long-term safety and well-being of the United States and the world’s economy. But as the U.S. is historically a supporter of Taiwan’s government, would Obama truly be willing to short Taiwan just to cozy up to China? Or is this essentially a business move by the group leader, trying to use his political clout to get a good deal moving for Taiwan?
Here’s what’s going down: Read more