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Jim Oberweis on Foreign Policy

 


Obama's results are ok, but too often he does nothing

Oberweis clarified his stance on President Obama's foreign policy: "I think where we are today, we've gotten there in some very strange ways," Oberweis said. "This president has been too willing to draw a line in the sand, and then people cross over it and he does nothing."

"While I am satisfied where we have gotten, how we have gotten here is not too good."

Source: WUIS 91.9 FM on 2014 Illinois GOP Senate primary debate , Mar 3, 2014

To understand China, read the 5-year plans

Q: In China, how do you know what the political winds are? Somebody connected today could be on the outs tomorrow.

Oberweis: That's true. Although it tends to move slowly. What we look for is--read the five year plans. In the 2012 five year plan, we see money being funded for environmental cleanups, so we're investing in companies that clean up waste water. It isn't rocket science, it just requires some detail thinking. For most of the companies we're investing in, they're needles in haystacks. They're unlikely to--

Q: Get the wrath of the government?

Oberweis: Yeah, exactly. It tends to be more in some of the larger companies, where it is a little bit more important. They're also entrepreneurially owned, which helps to eliminate some of the political influence. If I was investing in a bank in China, I would be concerned because if the government says, "Loan," you loan. There's no opportunity to take shareholder value as a reason to disobey the government.

Source: Forbes Magazine interview on 2014 Illinois Senate race , Jan 5, 2012

Other candidates on Foreign Policy: Jim Oberweis on other issues:
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Page last updated: Aug 07, 2014