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Former Sec. of State Rice addresses CUNAs GAC
WASHINGTON (3/20/12)--Former Secretary of State Condoleezza Rice says China's seemingly booming economy is beginning to show some stresses and strains, which could be attributable to the country's authoritarian management.

Click to view larger image Former Secretary of State Condoleeza Rice, a 30-year member of Stanford FCU, discussed U.S. and international politics, and the ongoing Republican primary, at CUNA's Governmental Affairs Conference  Monday. (CUNA Photo)
She said, during a speech Monday afternoon at the Credit Union National Association's (CUNA) Governmental Affairs Conference (GAC), that China's support has been built on continued prosperity, which sooner or later will begin to slow. She said one indication that China lacks a "confident leadership" is its preoccupation with surfing the Internet to weed out alleged dissidents.

Rice served as Secretary of State under President George W. Bush. At the end of Bush's term, she returned to her position as a Stanford University Political Science Professor.

She began her speech before the CUNA audience by pointing out that she has been a member of Palo Alto, Calif.-based Stanford FCU for 30 years.

During the presentation and question period, Rice covered a number of international, political and governmental issues. In response to one question, Rice said she was not concerned about the current combative nature of the Republican presidential primary. In fact, she said, it might be a constructive.

"During primaries, there is always lots of turbulence. Actually we are having a proxy on what the role of the federal government should be--particularly how big it should be.

"Once we get past this, we will unite in how to change the government's role on health care and other life style issues," she said.


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