Glenn Beck said on Wednesday’s edition of his eponymous radio program that Peter Schweizer’s latest book, Red-Handed : How American Elites Get Rich Helping China Win, reveals how President Joe Biden “is compromised on almost every front” with respect to his family’s financial ties to China and the Chinese Communist Party (CCP).
Beck interviewed Schweizer, president of the Government Accountability Institute and host of the Drill Down
We have a president who is compromised on almost every front. [Joe Biden] says that Donald Trump was compromised by Vladimir Putin, except everything that Donald Trump did with Vladimir Putin did not work to Putin’s advantage. Here, the case is dramatically the opposite, but we’re living in a time now where — because of China and because of Biden — the press isn’t going to [cover this information].
Beck indirectly referenced events surrounding Robert Hanssen, a former FBI agent serving several life sentences following convictions on federal charges of espionage and conspiracy on behalf of Russia and the Soviet Union. He remarked:
This is the most stunning, illegal, clearly un-American activity I have ever seen produced outside of the guy who was actually a [Soviet] spy for the FBI. … It’s that kind of level, and no one’s going to talk about it. Nothing’s going to happen.
Red-Handed
“Why does it feel like no one will take China on?” he asked. “Why is it that all of these elites are torpedoing us in favor of China?…Peter [Schweizer] has the answer. It’s called ‘Red-Handed Red-Handed
There it is. That's the issue. To begin, you have the corrupt family Biden. They've been scamming us and our system well for almost fifty years. The man is supposedly worth over 250 million dollars. How is this possible on his salary? It's not. So where did his wealth come from? Not from being a brilliant businessman. DAVID PRENTICE
The fact that Hunter's market value was derived from his father's position seemed to be a source of resentment for the younger Biden, even as he continued to cash in on the name. Hunter complained in texts to his daughter that he had financially supported the Biden clan for three decades and that "pop" takes a cut of "half [my] salary." Financia records and correspondence reported on by Devine indicate that money from Hunter's business accounts was used to cover Joe's AT&T bill and home maintenance expenses and that a portion of at least one major China deal was earmarked for the elder Biden.
ALANA GOODMAN
Tom Cotton: ‘Red-Handed’ Revelations ‘Alarming’
19 JIM WATSON/AFP via Getty Images
NICK GILBERTSON
26 Jan 2022 68
4:46
Sen. Tom Cotton (R-AR) called a bombshell report about Hunter Biden from Peter Schweizer’s new book, Red-Handed: How American Elites Get Rich Helping China Win, “alarming, but not surprising.”
Cotton tweeted out a Breitbart News article that cites Red-Handed and reports that a “Chinese global energy company,” with ties to Chinese intelligence, sent Hunter Biden almost $6 million in 2017.
The report, authored by Breitbart News’s Kristina Wong, reads in part:
The firm, now defunct, was led by Ye Jianming, a wealthy and connected Chinese businessman who was chairman and majority owner of the global energy company CEFC China Energy.
…
Furthermore, by July 2017, CEFC began making interest-free, forgivable loans to the Biden family. CEFC executive Zhao Running wrote that $5 million was intended as the money lent to the BD family,” not just Hunter Biden.
“This $5 million loan to the BD [Biden] family is interest-free,” Zhao wrote.
Schweizer notes that “interest-free loans provide tremendous leverage because the lender can demand its money back if it is displeased by any action.”
In August 2017, CEFC Infrastructure Investment LLC sent Hunter Biden’s law firm, Owasco, $100.000. Four days later, the firm wired $5 million to another entity controlled by Ye, which then started sending regular payment to Owasco. Biden then transferred $1.4 million of that money to a firm called Lion Hall Group, which was controlled by his uncle James Biden and his wife, Sara Biden.
According to Red-Handed , The Biden family received “$31 million from five deals in China, all with individuals with direct ties to the Chinese spy apparatus,” reports Breitbart News’s Politics Editor Emma-Jo Morris.
Citing Red-Handed , Morris writes :
Multiple financiers with direct ties to Chinese intelligence partnered with Hunter Biden during and after his father’s time as Vice President — including the former head of the Ministry of State Security and the head of foreign intelligence recruitment — and some of those relationships remain intact, according to Red-Handed: How American Elites Get Rich Helping China Win , by Breitbart News senior contributor Peter Schweizer.
Schweizer explains that Beijing saw a financial relationship with the Bidens as an opening for “elite capture,” which allowed Hunter Biden to secure meetings and score major deals with people in the highest levels of Chinese financial institutions and the Chinese Communist Party — and in return, they would be able to leverage the Bidens’ power for their interests.
Schweizer’s book also chronicles how donations from communist China to the University of Pennsylvania almost tripled after the university announced in February of 2017 it was launching the “Biden Center,” Breitbart News’s John Hayward reports .
“In the three years before the announcement, the university received around $15 million. In the three years after, the total was close to $40 million. The latter number is $60 million from China if you include contracts,” writes Schweizer in Red-Handed.
Hayward reports :
Some of those donors were anonymous, but declared donors included the state-owned China Merchants Bank, and a company called Cathay Fortune owned by “a secretive Chinese billionaire who appears to have strong links with the Communist Party” named Yu Yong.
Cathay Fortune is especially interesting because it has a controlling interest in China Molybdenum, a mineral producer with Chinese military contracts that teamed up with Hunter Biden’s investment fund to invest in an African copper mine.
For a time, Anthony Blinken – now Biden’s secretary of state – “served as the center’s managing director before heading off to work on the presidential campaign in 2019,” Schweizer writes.
Hayward notes that in March of 2021, Secretary of State Blinken “was famously ambushed and curb-stomped by Chinese diplomats during his first bilateral conference with them.”
Red-Handed: How American Elites Get Rich Helping China Win was published by Harper-Collins and released on January 25. It has already claimed “the #1 bestseller spot on both Barnes & Noble and Amazon across all book categories and genres,” Breitbart News reports . Schweizer, a senior contributor to Breitbart News and president of the Government Accountability Institute (GAI), is also the bestselling author of Throw Them All Out, Clinton Cash , and Secret Empires.
Schweizer: ‘The Biden Family May Be Compromised’ 1:40
During a Wednesday interview on Newsmax TV’s “Spicer & Co.,” Breitbart News senior contributor Peter Schweizer said that President Joe Biden and his family “may be compromised” as a result of their dealings with Chinese businessmen.
Schweizer, the author of Red-Handed: How American Elites Get Rich Helping China Win
“To me, it’s really the story in American politics today, and that’s the fact that the Biden family has received some $31 million from businessmen in China,” Schweizer advised. “Each and every one of those businessmen has direct ties to the highest levels of Chinese intelligence, meaning they’re business partners with the vice minister for State Security or they’re business partners with family members of the minister of State Security. It’s shocking to me that other media outlets mainstream media is not pursuing this story because it’s not a story of corruption anymore or cronyism — it’s of national security. And I think it raises questions — very serious questions — about the fact that the Biden family may be compromised.”
“Hunter Biden believes he’s won the lottery because of this guy’s deals, and this guy is neck-deep in the world of Chinese espionage and spying,” he added. “This should be setting off sirens everywhere in Washington, D.C.”
Follow Trent Baker on Twitter @MagnifiTrent
REVIEW: ‘Laptop from Hell: Hunter Biden, Big Tech, and the Dirty Secrets the President Tried to Hide’
The book, titled Profiles in Corruption: Abuse of Power by America’s Progressive Elite. , lays out how Hunter Biden and his business partners, in addition to his numerous Rosemont-branded entities and ventures, was deeply involved with an entity called the Burnham Financial Group.
In short, Hunter Biden was not cutting business deals in Japan or Great Britain, where disclosure rules and corporate governance might require greater scrutiny. These were deals in the truly dark corners of the world.
KATRINA WONG
Joe Biden, in his days in the Senate, was very partial to China , as he voted against revoking China’s most-favored nation status and in 2007 opposed the idea of applying any tariffs on China despite their obvious unfair trade practices. However, it was as Vice President that he became wholly enamored with the country and its leadership. STEVE McCANN
JOE BIDEN HAS BEEN CORRUPT FOR 50 YEARS AND NOT ONE INVESTIGATION. DOESN'T THAT SHOW YOU HOW UTTERLY CORRUPT THE RULING CLASS IS?
Schweizer: ‘It’s Going to Be Business as Usual’ for Hunter’s Dealings https://www.breitbart.com/clips/2021/01/20/schweizer-its-going-to-be-business-as-usual-for-hunters-dealings /
Joe Biden, the corrupt, unaccomplished 47-
year career politician, with a reputation of
having been a proud segregationist ,
an unabashed plagiarist and liar , a resolute
tale-teller , and a serial flip-flopper , is
pretending to head up a radical social-
democratic ticket for President of the United
States that includes as his running mate the
ambitious, disagreeable junior senator
from California: Kamala Harris.
I’d be inclined to disagree with Don except for one thing: Biden has proven to be a very adept criminal mastermind. For decades, he has funneled millions of dollars to his children and siblings and, especially, to his debauched, deviant son, Hunter.
ANDREA WIDBURG
The book is a devastating chronicle of political corruption.
From Ukraine to Mexico to China, Hunter Biden's private
correspondence shows how he and his family leveraged his
father's position to win high-paying, low-work gigs with shady
foreign actors—and how Joe's official actions at times directly
benefited his family's financial backers. ALANA GOODMAN
The fact that Hunter's market value was derived from his father's position seemed to be a source of resentment for the younger Biden, even as he continued to cash in on the name. Hunter complained in texts to his daughter that he had financially supported the Biden clan for three decades and that "pop" takes a cut of "half [my] salary." Financia records and correspondence reported on by Devine indicate that money from Hunter's business accounts was used to cover Joe's AT&T bill and home maintenance expenses and that a portion of at least one major China deal was earmarked for the elder Biden. ALANA GOODMAN
