Politics

The Uranium One ‘Scandal’ Offers Another Exercise in Distraction From Donald Trump


With this Tweet,  the president of the United States compelling the “Fake Media” to follow a story that is full of Trumped-up sound and fury..

Here’s the meat of the story: Seven years ago, the Hillary Clinton-led State Department authorized the sale of Uranium One, a Canadian company with mining interests in the United States, to Rosatom, the nuclear energy agency in Russia.

Now Russia controls roughly 20 percent of America’s uranium mining capacity.

Add to that the fact that owners of Uranium One donated roughly $145 million to the Clinton Foundation and you have the makings of a juicy scandal whereby the wealthy uranium company orchestrates a payoff to Hillary Clinton in order to hand Vladimir Putin one-fifth of America’s Uranium supply.

“I think the uranium sale to Russia and the way it was done — so underhanded, with tremendous amounts of money being passed — I actually think that’s Watergate, modern age,” the president said reporters last month.

A mitigating Russian scandal with symmetry to that of the Trump-Russia investigation

When framed that way, it sure sounds like it. It also offers a mitigating symmetry to Trump and his supporters who can point to Clintonian collusion with Russia to offset the Mueller investigation. And to make makes more complicated, Mueller, as the head of the FBI from 2001 to 2013, would himself be put under the spotlight!

But even the most cursory investigation into this scandal reveals it to be a flimsy Potemkin village that collapses with even the slightest scrutiny.

On Fox News, anchor Shepard Smith addressed the issues head on in an on-air segment that contradicts much of Fox’s coverage of the issue. The facts he offers are unassailable.

https://www.youtube.com/watch?v=RnsAZzsdI1U&feature=youtu.be

The accusation is predicated on the charge that Secretary Clinton approved the sale. She did not. A committee of nine evaluated the sale, the president approved the sale, the Nuclear Regulatory Commission and others had to offer permits, and none of the uranium was exported for use by the U.S. to Russia. It was unanimous, not a Hillary Clinton approval.

With regard to the donations and a possible quid pro quo, Smith breaks it down this way:

Most of those donations were from one man, Frank Giustra, the founder of the company in Canada. He gave $131 million to the Clinton Foundation. But Giustra says he sold his stake in the company back in 2007. That is three years before the uranium/Russia deal and a year and a half before Hillary Clinton became secretary of state.”

The National Review calls the Uranium One story ‘crap’

Over at National Review, Jonah Goldberg breaks the story down even further. “Shep is right,” Goldberg writes. “The Uranium One story is crap”:

As Shep notes, the uranium the Russians bought can only be sold … in America to American facilities. We weren’t giving ammunition to an enemy (an enemy usually only for the purposes of the Uranium One story, by the way) to kill us with nuclear weapons. Russia already has vastly more Uranium than we do. The U.S. has one percent of the global reserves of uranium. Russia has nine percent. So when you hear radio talkers screaming about how Hillary Clinton gave the Russians Twenty percent of America’s precious uranium supply, they’re talking about one-fifth of one percent of a fairly common metal. (Australia has 29 percent of the known uranium reserves).

He notes that uranium sells for $25 per pound on the open market, compared to $1300 for an ounce of gold.

Calls for a special prosecutor to investigate Hillary Clinton are a meritless exercise by the Trump administration to deflect attention from their own sins.

(Photo of Russia’s President Vladimir Putin meeting then-U.S. Secretary of State Hillary Clinton at the Asia Pacific Economic Cooperation Summit in Vladivostock in September 2012 by Mikhail Metzel of Reuters/Pool.)

Comments

Leave a Comment