While America’s working and middle class have been
Sen. Josh Hawley
Analysis conducted last year reveal that 71 percent of tech workers in Silicon Valley are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers.
"This is how they will destroy America from within. The leftist billionaires who orchestrate these plans are wealthy. Those tasked with representing us in Congress will never be exposed to the cost of the invasion of millions of migrants. They have nothing but contempt for those of us who must endure the consequences of our communities being intruded upon by gang members, drug dealers and human traffickers. These people have no intention of becoming Americans; like the Democrats who welcome them, they have contempt for us."
PATRICIA McCARTHY
“Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of today.” THEODORE ROOSEVELT
ALL BILLIONAIRES ARE GLOBALIST DEMOCRATS. ALL BILLIONAIRES WANT AMNESTY AND WIDER OPEN BORDERS. ALL BILLIONAIRES WANT NO CAPS ON IMPORTING CHEAPER FOREIGN WORKER. Further, the dubious choice of Kamala Harris as the vice presidential nominee was made solely to placate and reassure Wall Street and the wealthy, as she was viewed by them as being very deferential to the mega-rich class based on her days in California.
Biden’s Billionaires By Steve McCann
Many years ago, while participating in a voter registration drive, I came upon a grizzled and disheveled old man sitting in the overgrown and weed-infested yard of his paint-starved house calming smoking his pipe. Despite his gruff demeanor, Ully (Ulysses) was very pleasant and loquacious as we talked for over an hour on topics ranging from the weather to the innate foibles of mankind. It turned out that he had to leave school after the fourth grade in order to work in the fields to help support his family and had toiled in a variety of menial and labor-intensive jobs ever since. Yet, he had a deep and thorough insight into human nature. Among his comments about the rich and ostensibly well-educated was: “All the money in the world cain’t buy a fool a lick of common sense.”
I was reminded of that observation after reading an article describing the 131 billionaires who are pouring millions into the coffers of the Democrat party and Joe Biden’s campaign in their mindless obsession to defeat President Trump in November. Among the prominent names are Jeff Skoll, a founder of eBay who has contributed $4.5 million; Laurene Powell Jobs of Apple and owner of The Atlantic magazine has donated $1.2 million, and Josh Bekenstein , Chairman of Bain Capital (co-founded by Mitt Romney), $5 million.
Far more Wall Street financers have also jumped on the Biden/Democrat party bandwagon than are supporting Donald Trump, whose policies have overwhelmingly revived the economy after the stagnation of the Obama-Biden years. The tech billionaires , not content to simply cough up untold millions in direct political contributions, are also funding massive voter drives, promoting mail-in balloting, creating divisive partisan news sites, aiding and designing the Democrat party’s digital campaigns and unabashedly censoring the social media accounts of the Trump campaign and innumerable conservatives.
The political party they are gleefully underwriting in order to oust Trump is no longer the party of the middle and working class (which is now one and the same) but a two-tier assemblage in which the prey is sleeping with the predator. The witless wealthy and socially aware are in bed with the avowed socialists and militant Marxists. What is holding this marriage of convenience together is a mutual hatred of Donald Trump and the undoable promises made by Joe Biden and the Democrat party hierarchy.
In a 2019 meeting with 100 super-wealthy potential donors, Biden assured the gathering that he would not demonize the rich and would only increase their taxes slightly while ensuring that their standard of living would not be affected by any of his policies. He also stated: “I’m not Bernie Sanders. I don’t think 500 Billionaires are the reason why we are in trouble”. Further, he unabashedly emphasized that the wealthy are not the reason for income inequality and “If I win this nomination. I won’t let you down. I promise you .”
Further, the dubious choice of Kamala Harris as the vice presidential nominee was made solely to placate and reassure Wall Street and the wealthy, as she was viewed by them as being very deferential to the mega-rich class based on her days in California.
When the time came to deal with the Marxist/socialist wing of the Democrat party’s anti-Trump coalition, policy commitments, many diametrically opposite of what was promised the wealthy donors, were also guaranteed with a non-verbal pledge of we won’t let you down.
The first step was a de facto party platform. The 110-page Biden-Sanders Manifesto which includes, among other commitments, a massive job killing $2+ trillion climate agenda to phase out fossil fuel usage within 15 years, the elimination of cash bail, redirecting (i.e. cutting) funding for the police, dismantling all border protections, legalizing virtually all illegal immigrants and massively raising corporate and individual tax rates on the wealthy. This manifesto is a socialist screed that would destroy the middle class and permanently neuter the economy and nation.
An effusive Bernie Sanders proclaimed to the world that Biden and the Democrats have embraced his socialist agenda and that Biden would be the most progressive president since FDR. Sanders exposed not only the behind the scenes reality of today’s Democrat party but Biden’s figurehead role.
Further confirmation of the radicalization of the Party came about unexpectedly as the militant Marxist faction of the Sanders coalition forced the issue. Impatient and unwilling to wait until after the 3rd of November, Antifa and Black Lives Matter used the death of George Floyd as a pretext to take to the streets and begin their long-hoped for revolution. They claimed that rioting, looting, committing arson and attacking law enforcement was a necessity as this was a systemically racist country. Yet, they openly demanded immediate changes rooted in their radical Marxist ideology of class warfare not so-called systemic racism. As two of their preferred chants and graffiti slogans “eat the rich” and “abolish capitalism now” confirms.
Biden, the Democrat party hierarchy as well as virtually all Democrat elected officials refused to address the violence and those responsible. Thus, they tacitly approved of the lawlessness and by doing so flashed a green light to continue the riots. When forced to acknowledge the reality on the streets of the nation’s cities, they instead blamed Trump, the police, white supremacists and even the Russians. Due to their spinelessness, the armies of anarchy and revolution Biden and the Democrats unleashed will never be defeated or mollified by them.
Considering the vast dichotomy in the litany of promises made and actions taken, it is inevitable that either the moneyed elite or the mob of passionate true believers will be betrayed. There is no middle ground. Who will prevail?
Will it be the elites whose only weapon is money and fleeting political influence or the passionate mob whose weapons are unconstrained violence and intimidation? Will it be those who believe a revolution could never happen here or those who are currently inciting revolution with the implicit blessing of a major political party? Will it be those who believe that Biden and the Democrats, if elected, will be able to forcefully deal with the insurgents or the insurgents who now know that riots and extortion causes Democrat politicians to cower in the corner?
Beginning with the French Revolution and throughout the 19th and 20th centuries, history has recorded that passionate mobs always prevail when dealing with a feckless ruling class or party. And the first casualties have inevitably been the wealthy elites.
I can envision sitting with my old friend, Ully, and asking him if he thought the wealthy elites, indiscriminately tossing money at the Democrats for the sole purpose of defeating President Trump, understood the pitfalls involved. He would lean back, slowly exhale a puff of smoke from his well-worn pipe and with uncontrollable anger in his eyes would say: “Nope. Those damn fools ain’t got a lick of common sense.”
Report: Joe Biden Promises Wall Street Donors the Status Quo in Private Calls OLIVIER DOULIERY/AFP via Getty Images
8 Sep 2020 343
3:50
Democrat presidential candidate Joe Biden is promising Wall Street donors the economic status quo that they became used to before President Donald Trump’s administration, according to a report.
An investment banker on Wall Street told the Washington Post
The Post reports :
When Joe Biden released economic recommendations two months ago, they included a few ideas that worried some powerful bankers
But in private calls with Wall Street leaders, the Biden campaign made it clear those proposals would not be central
“They basically said, ‘Listen, this is just an exercise to keep the Warren people happy, and don’t read too much into it,’” said one investment banker , referring to liberal supporters of Sen. Elizabeth Warren (D-Mass.). The banker, who spoke on the condition of anonymity to describe private talks, said that message was conveyed on multiple calls. [Emphasis added]
In a statement to the Post
“The Biden-Sanders task forces made recommendations to Vice President Biden and to the [Democrat National Committee] platform drafting committee,” Biden spokesperson TJ Ducklo said. “This anonymous source appears to be confused and uninformed about this very basic distinction.”
The report comes as Biden told AFL-CIO members on Labor Day that he will be the “strongest labor president” union workers “have ever had.”
“You can be sure you’ll be hearing that word, ‘union,’ plenty of times when I’m in the White House,” Biden pitched. “The words of a president matter. Union. We’re going to empower workers and empower unions.”
In the Democrat presidential primary, Biden told a group of rich Manhattan donors at a private fundraiser that “nothing would change” for them or their wealthy lifestyles if elected.
“I mean, we may not want to demonize anybody who has made money,” Biden said at the June 2019 fundraiser.
“The truth of the matter is, you all, you all know, you all know in your gut what has to be done. We can disagree in the margins but the truth of the matter is it’s all within our wheelhouse and nobody has to be punished,” Biden said. “No one’s standard of living will change, nothing would fundamentally change.”
Like failed Democrat presidential candidate Hillary Clinton, Biden has enjoyed a cozy relationship with Wall Street executives, along with his running mate Sen. Kamala Harris (D-CA).
Most recently, Biden touted Wall Street’s support for his plan to abolish America’s suburbs by seizing control of local zoning laws to construct housing developments and multi-family buildings in neighborhoods. Likewise, Wall Street is fully behind Biden’s plan to hugely expand legal immigration levels, beyond already historical highs at 1.2 million green cards and 1.4 million visa workers a year.
The Biden-Harris ticket has elated Wall Street so much that for the first time in a decade, more financial executives are donating to the Democrat candidates than Republicans, the latest Center for Responsive Politics analysis reveals .
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder .
As Bloomberg pledges $100 million, Wall Street boosts Biden campaign By Patrick Martin Billionaire Michael Bloomberg has pledged to spend at least $100 million to support the campaign of Democratic presidential candidate Joe Biden in Florida. This announcement Sunday is only the largest pledge of support from the financial oligarchy for the Democratic campaign.
Bloomberg aide Kevin Sheekey said the pledge of virtually unlimited financial backing to Biden in Florida, the most critical “battleground” state in the 2020 election, “will allow campaign resources and other Democratic resources to be used in other states, in particular the state of Pennsylvania.”
Florida has 29 electoral votes, the most of any closely contested state, following California with 55, overwhelmingly Democratic, and Texas with 38, leaning Republican. New York state, also with 29 electoral votes, is heavily Democratic.
Only once in the last 60 years—Bill Clinton in 1992—has a candidate won the presidency while losing Florida. The last Republican to lose Florida and still win the White House was Calvin Coolidge in 1924, when the state was lightly populated swampland.
Early voting begins in Florida September 24, and Bloomberg’s money will pay for massive campaign advertising on behalf of Biden, in both English and Spanish. Campaign officials said the funds would be devoted almost entirely to television and digital ads.
Former New York City Mayor Michael Bloomberg stands for the pledge of allegiance during a ceremony on Sept. 11, 2020, in New York. (AP Photo/Mary Altaffer)
Even before the Bloomberg commitment, the Biden campaign and supporting Democratic groups had outspent Trump and the Republicans by $42 million to $32 million. The flood of cash from the billionaire media mogul will give the Democrats a three- or four-to-one advantage over the final seven weeks of the campaign.
The efficacy of Bloomberg’s huge financial commitment is open to question. The media billionaire spent $1 billion (a mere one-fiftieth of his gargantuan personal fortune) on his own pursuit of the Democratic presidential nomination. He launched his campaign at a time when he believed Biden’s candidacy was near its demise, hoping that his money might forestall the nomination of Vermont Senator Bernie Sanders.
The sudden revival of Biden’s campaign with his victory in South Carolina in February and then in the Super Tuesday primaries on March 3 led Bloomberg to abandon his own efforts and endorse the former vice president, since their right-wing views on a range of topics, and particularly on foreign policy, were virtually identical.
Since then, Bloomberg has transferred $20 million from his abortive presidential campaign to the Democratic National Committee, as well as pumping in another $120 million to local, state and congressional campaigns, making him by far the largest single backer of the Democratic Party.
Florida is only the most glaring example of the general trend in the 2020 election, in which the financial oligarchy and Wall Street have indicated a distinct preference for Biden and backed it up with heavy financial commitments.
During August, the Biden campaign broke all records for fundraising in a single month, raking in $365 million, nearly double the previous record of $203 million set by the campaign of Barack Obama in September 2008, and more than Hillary Clinton and Trump combined to raise, in August 2016, $233 million. The Trump campaign also broke the Obama record, but its total of $210 million in August was far behind the pace set by the Democrats.
Approximately $205 million of the $365 million came through online donations, including 1.5 million new donors. This is more an indication of the widespread hostility to Trump among millions of working-class and middle-class people than any groundswell of support for Biden, who personifies the corrupt US political establishment, having spent 36 years in the Senate before his eight years as Obama’s vice president.
That means that $160 million—a near-record amount by itself—was raised through large donations from wealthy supporters of the Democratic Party. While Trump continues to rake in the lion’s share of support from industries such as oil and gas, mining and real estate, Biden has collected the bulk of financial backing from the banks, hedge funds and insurance industry.
Under rules set by the Federal Election Commission, a wealthy donor can now give as much as $830,600 to support a presidential candidate, routing much of the money through federal and state party committees rather than the candidate’s own campaign.
The result of the disparity in fundraising throughout the summer is that the Democratic presidential campaign has now caught up with and even surpassed Trump’s war chest. The Trump reelection campaign, despite raising an unprecedented $1.1 billion, has less cash on hand for the fall than the Biden campaign. According to press accounts, more than one-third of the money raised by the Trump campaign was used to pay the expenses of fundraising itself.
There were several reports last week that the Trump campaign was experiencing a “cash crunch,” and was unable to sustain advertising in all 15 of the so-called battleground states. Both the Washington Post
Stepien replaced Brad Parscale as campaign manager in July, at least in part because of concerns that Parscale had squandered Trump’s substantial initial fundraising advantage.
According to the media tracking firm Advertising Analytics, the Biden campaign spent $17 million in television and digital advertising in nine battleground states during the week of September 3, compared to $4 million by the Trump campaign.
The Clinton campaign outspent Trump by similar margins in 2016, but Trump campaign aides had boasted they would not face such a deficit in 2020. Trump has hinted he would seek to make up the difference from his personal fortune, but there has been no sign yet of any direct outlay by the billionaire to back his own campaign.
A Biden Ally and J Street Vice Chair’s Company Offers Access to Senior Chinese Officials And what it says about the Democrat Party.
Wed Sep 16, 2020
Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.
“Meet and build relationships with China’s senior governmental and private sector leaders in your chosen area of business,” the invitation on the site of Empire Global Ventures read. “Join us for elite curated experiences with the people who decide the future of China’s tech sector, craft and enforce its regulations, dominate its industries and chart its path forward.”
The only thing more intriguing than the invitation may be Empire Global Ventures whose CEO is also the Vice Chair of the board of J Street and a prominent Democrat donor and fundraiser.
When Governor Andrew Cuomo split up with his celebrity girlfriend after over a decade of shacking up together, media accounts made sure to mention the role of Alexandra Stanto in introducing the formerly happy couple.
As the CEO of Empire Global Ventures, Stanton has come a long way since then. But the name of her company closely echoes Empire State Development, an arm of the New York State government, where Stanton had served as chief of staff from 2006 through 2008.
Stanton had worked for David Patterson, back when he was in the State Senate. Then Eliot Spitzer, New York's megalomaniacal Attorney General picked Patterson, the black and partly blind Senate Majority Leader, as his running mate, to score with voters.
Patterson was never expected to actually take the governor's office, but then Spitzer imploded, after allegations of prostitution and thuggish behavior, and was forced to step down.
Stanton, who had been Patterson’s deputy campaign manager for policy, and Sam Natapoff, her husband, had scored six figure gigs with Empire State Development, with Sam earning the grand title of, “Senior Advisor to the Governor of New York State for International Commerce.” Today, Sam is the president of Empire Global Ventures and writes editorials attacking President Trump over his work to help Americans resist China’s abusive trade policies.
Stanton and her husband had been pumping sizable amounts of money into Paterson and Cuomo's war chests. Stanton alone had donated $10,000 to both Paterson and Cuomo. But Stanton’s fundraising soon went national with an Obama fundraiser running as much as $20,000 a ticket. And Obama named Stanton a general trustee of the Kennedy Center.
The money has kept on rolling out with Stanton donating thousands to Mayor Bill de Blasio and scoring an $8,000 per month consulting job for City Hall.
By then, Stanton had become the vice chair of J Street: a key anti-Israel lobby group.
Alexandra Stanton has spent the last 12 years serving as Vice Chair of the anti-Israel group originally funded by George Soros and has, in media accounts, been dubbed a “Jewish leader.”
Alexandra is the granddaughter of Hellenic Lines shipping tycoon Pericles Callimanopulos. The Greek tycoon’s funeral service was held at the Greek Cathedral of the Holy Trinity in Manhattan.
Pericles' daughter and Alexandra's mother, Domna Stanton, a feminist academic who is a longtime board member of Human Rights Watch and had a prominent role at Planned Parenthood, was named by De Blasio as one of New York City’s human rights commissioners.
Domna and her husband Frank, a successful entrepreneur who had made his mark helping his brother Arthur import the Volkswagen Beetle to America and trying to launch an early VCR, showed up in Tom Wolfe's famously mocking profile of Leonard Bernstein's Black Panther party.
The Stanton family has connections by marriage to socialites from New York to D.C. and Domna’s Hamptons garden parties are required attendance for celebrities and the smart set.
Alexandra Stanton has kept up the tradition with cocktail parties attended by none other than House Speaker Nancy Pelosi. She was on the host committee for Hillary Clinton’s million dollar fundraiser for Bill de Blasio, and, more recently, she took part in a Joe Biden fundraiser.
When Pelosi spoke at the anti-Israel J Street’s gala, she thanked Stanton by name.
And when Obama descended into ugly antisemitic attacks against Jewish opponents of the Iran Deal, Alexandra Stanton was there to claim that he “has a right to combat what he thinks are campaigns against him laden with non-facts and offensive statements.”
But Alexandra has a lot of irons in the fire besides campaigning against the Jewish State.
These days, Stanton has also been marketing Little Lives PPE face shields for children, scoring a FOX profile, who described the politically connected Democrat, as a "mom". The Wall Street Journal mentioned Stanton's face shields for children in its article on reopening schools alongside a quote from Randi Weingarten, the head of the American Federation of Teachers.
The American Federation of Teachers, the country's largest network of Democrat teachers' unions, had its PPE purchases facilitated by Stanton and Empire Global Ventures.
Randi Weingarten, the AFT's head, who recently faced criticism for claiming that it's not safe for teachers to go back to school even while attending Al Sharpton's 50,000 strong rally in D.C., was described as knowing "people at Empire Global Ventures, a business development firm with experience in China, where much of the world’s PPE is manufactured."
This wasn't the only strange intersection between Empire, Democrats, and the coronavirus.
The sister-in-law of Chris Cuomo, a CNN anchor and Governor Cuomo's brother, works for Empire Global Ventures, and has been touting hypochlorous acid from Y2X Life Sciences as an answer to the coronavirus. Cuomo's sister-in-law claimed that spraying hypochlorous acid could keep businesses safe from the virus. Alexandra Stanton and her husband are listed as Y2X Life Sciences advisers, along with Matt Kennedy, RFK’s grandson and Joe Kennedy III’s brother, who sits on the boards of Kennedy institutions, and had held down various positions in the Obama administration, along with Dick Gephardt, the former Democrat House Majority Leader.
In July, a job posting for Empire Global Ventures described it as a medical products company.
What does Empire Global Ventures actually do and whom does it know in China?
An invitation on the company's site offers the opportunity to meet with "China’s senior governmental and private sector leaders" and "China’s key decision makers".
Who are these senior government officials and how does Empire have access to them?
These are all questions that the media might be asking considering Alexandra Stanton’s long history of access to top Democrat officials, including Obama and Biden, the large checks, and Stanton’s key role at J Street, a domestic group whose funding came from George Soros and, allegedly, Bill Benter , a gambler operating out of Hong Kong. They choose not to ask them.
Alexandra Stanton’s career shows why people join the Democrats, not because they want a fairer world, but because family and political connections pave the path to success, not for the poor, but for wealthy families that are already exceedingly well connected in that world.
The granddaughter of a Greek shipping tycoon became a Democrat operative and fundraiser (and Jewish leader), and while her company claims close access to the officials of a foreign government, she has a powerful position in a foreign policy lobby giving her access to Biden.
Considering Biden’s own longstanding and problematic connections to China, and the role that the Communist dictatorship is allegedly playing in boosting his campaign, this is troubling.
It’s a good thing that the media isn’t interested in asking any tough questions.
China Wins if Biden Wins Biden’s disturbing record of pro-China bias.
Mon Sep 14, 2020
Joseph Klein
China will have a great friend in the White House if Joe Biden wins the presidency. At the same time, Joe Biden’s son Hunter will acquire more friends in Beijing anxious to do business with a member of the U.S. president’s immediate family in order to gain access to the Oval Office.
Joe Biden has a long record evidencing his pro-China bias. Thus, it was not a surprise when Biden said last year about China: “They’re not bad folks, folks … They’re not competition for us." After Biden received backlash for this remark, Biden’s handlers tried to turn him into a hawk on China. But Biden cannot escape his enabling of China’s rise in power while he was in public office, helping China to become the U.S.’s number one national security threat.
As Barack Obama’s vice president and point man on China, Biden cozied up to China’s Communist Party leaders. At the opening of the third session of the U.S.-China Strategic & Economic Dialogue in May 2011, Biden said that “a rising China is a positive, positive development, not only for China but for America and the world writ large.” Biden characterized the relationship with China sought by the Obama-Biden administration as “a cooperative partnership.”
In August 2011 at a U.S.-China business round table held in Beijing, Biden declared that “President Obama and I, we welcome, encourage and see nothing but positive benefits flowing from direct investment in the United States from Chinese businesses and Chinese entities.”
Following meetings between Biden and Chinese President Xi Jinping (then-Vice President) in 2011 and 2012, the Obama-Biden administration agreed to allow Chinese companies access to U.S. capital markets without having to go through the same rigorous inspection of their books by U.S. regulators that is required for U.S. companies. Biden’s idea of a “cooperative partnership” was to help boost the economic power of a “rising China” to further heights by handing Chinese companies an opportunity to cheat on a silver platter.
A “rising China” is a positive development only for China. A “rising China” is a very negative development for the United States. China's rapid economic growth, aided by Biden, has enabled the Chinese Communist regime to build up its military and cyber technology to the point that it has become the greatest single threat to our national security.
China did not become our chief adversary on the global stage overnight. China’s economy took off only after it joined the World Trade Organization (WTO) in 2001. And Joe Biden was in China’s corner every step of the way, beginning with his strong advocacy for China’s membership in the WTO while he was in the Senate.
In July 2000, during a Senate Foreign Relations Committee hearing on giving permanent normal trade relations status to Communist China, then-Senator Biden asserted as a foregone conclusion that “granting permanent normal trade relations to China has little to do with our national security. It does not increase their access to controlled U.S. technology. It does not increase their access to our markets.” Biden then claimed that bringing the Chinese regime into contact with the international norms of the WTO “is the best way to get China to clean up its act.”
Biden was wrong as usual. The Chinese Communist dictatorship did not clean up its act. It did the opposite. As former assistant director of intelligence for the FBI Kevin R. Brock observed in an article he wrote for The Hill, “China largely has cheated its way to prosperity.” Stealing valuable intellectual property and using deceptive tactics to gain an unfair economic advantage are second nature to the regime and its state-owned companies. The regime's atrocious human rights abuses have gotten much worse.
According to the Economic Policy Institute , “the growing U.S. trade deficit with China has eliminated 3.4 million U.S. jobs between 2001 and 2017, including 1.3 million jobs lost since 2008 (the first full year of the Great Recession).” This all took place since China became a member of the World Trade Organization, right under Biden’s nose and with his help while he was a senator, vice president, and Obama’s point man on China.
The most benign explanation for Biden’s pro-China bias is that he is a fool, who is oblivious to China’s growing threat to the U.S.'s position as the world’s preeminent global economic and military superpower.
There is also a more sinister explanation for Biden’s willingness to give China the benefit of the doubt. Joe Biden’s son Hunter reportedly cashed in while his father was the point person on Obama-Biden administration policy towards China.
Peter Schweitzer, a prominent author on government corruption who put together a documentary entitled “Riding the Dragon: Uncovering the Bidens’ Chinese Secrets,” has exposed Hunter Biden’s involvement in questionable deals with Chinese government affiliated entities while his father was vice president. Schweitzer charged that “the Bidens were prepared and willing to make money, even if it damaged our military posture vis-a-vis the Chinese who are our chief rivals on the global stage.”
Hunter Biden was involved with a Chinese-dominated investment firm called Bohai Harvest RST (BHR) through a U.S. company named Rosemont Seneca Partners that Hunter had formed in 2009 with Chris Heinz, the stepson of former Secretary of State John Kerry, and others. BHR was formed in late 2013 by a merger between the Chinese-government linked firm, Bohai Capital, and Rosemont Seneca Partners.
Around the time of the merger creating BHR, Hunter Biden flew aboard Air Force Two with his father to China. While in China, Hunter helped arrange for Jonathan Li, CEO of Bohai Capital, to “shake hands” with then-Vice President Joe Biden. Hunter Biden met with Li for reportedly a “social meeting.” The coincident timing of Hunter Biden's sojourn to China with his father, the forming of BHR by Bohai Capital and Rosemont, and the father and son face times with Bohai Capital's CEO is suspicious, to say the least. Moreover, the business license of BHR was approved by China shortly after the Biden trip's conclusion. Through its equity participation in BHR’s business, Hunter's firm stood to make a tidy profit.
Last year, Senate Finance Committee Chairman Chuck Grassley (R-Iowa) wrote a letter to Treasury Secretary Steven Mnuchin focusing on the questionable acquisition of a U.S. automotive technology company, Henniges, by a Chinese aviation company and BHR. Henniges’ technology reportedly has military applications. Grassley expressed concerns over the process by which the Obama-Biden administration’s Committee on Foreign Investment in the United States (CFIUS) approved this acquisition.
According to Grassley’s account, “In September 2015, BHR joined with a subsidiary of the Aviation Industry Corporation of China (AVIC) to acquire Henniges for $600 million. Because the acquisition gave Chinese companies direct control of Henniges’ anti-vibration technologies, the transaction was reviewed by CFIUS. CFIUS approved the transaction despite reports that in 2007, years before BHR teamed up with AVIC’s subsidiary, AVIC was reportedly involved in stealing sensitive data regarding the Joint Strike Fighter program. AVIC later reportedly incorporated the stolen data into China’s J-20 and J?31 aircraft.”
Aviation Industry Corporation of China is identified by the Pentagon as one of the Chinese companies “owned by, controlled by, or affiliated with China's government, military, or defense industry." The Obama-Biden administration's approval of the joint acquisition of a U.S. company with military-related technology by an AVIC subsidiary and its partner BHR is highly troubling. Obama’s VP and China point man Joe Biden needs to answer some key questions now as voters consider his candidacy for the U.S. presidency.
For example, what interactions did CFIUS members or their staffs have with Obama, Biden or their staffs on the Henniges transaction? What did Joe Biden know about the joint acquisition of Henniges by BHR (in which his son's firm had an equity interest) and a subsidiary of the Chinese government affiliated AVIC? Did Biden or his staff exert any pressure on CFIUS to approve the Henniges acquisition despite its obvious national security implications? Was the Henniges transaction subject to a national security arrangement? If not, why not?
Joe Biden needs to answer these questions and others now without equivocation concerning the Chinese-related business dealings of Hunter Biden’s firm while Joe Biden was vice president. Otherwise, voters will be entitled to assume the worst about what is likely to lie ahead for U.S.-China relations if Hunter's father Joe Biden is elected president.
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