Since Biden’s inauguration, the University of Pennsylvania has disclosed at least $14 million in donations from China or Hong Kong, the Free Beacon reported last week. The names of these donors have yet to be disclosed by the Department of Education, breaking the precedent of prior administrations which published foreign donor names in a public database.
SERVING RED CHINA: JOE BIDEN AT WORK
Biden admin is ‘enormously dangerous’ to the survival of America: Newt Gingrich
https://www.youtube.com/watch?v=dB8YNrfbD_E
Did Hunter Biden Sleep with a Chinese Spy?
https://www.youtube.com/watch?v=kn83Uk9pX2k
Hunter Biden faces possible subpoena after missing deadline to turn over docs
https://www.youtube.com/watch?v=K6hxjrGHJ8I
My colleague Peter Schweizer’s runaway bestseller, Red Handed: How American Elites Get Rich Helping China Win, first revealed that the Biden family received some $31 million from the highest levels of Chinese intelligence at the same time Hunter was paying the vice president’s bills. Schweizer believes that there is a slam dunk case to indict Hunter Biden.
VIDEO
CUT AND PASTE YOUTUBE LINK
Watters: I guarantee you Satan went to law school
https://www.youtube.com/watch?v=g6Ln2aXLqWw
THE BIDEN KLEPTOCRACY
American people deserve to know what China was up to with Joe Biden, especially when Beijing had already shelled out millions of dollars to Biden family members — including millions in set-asides for “the big guy.” What else is on that infamous Hunter Biden laptop? The conflicted Biden Justice Department cannot be trusted to engage in any meaningful oversight on this issue. We need a special counsel now.
TOM FITTON - JUDICIAL WATCH
Breitbart Political Editor Emma-Jo Morris’s investigative work at the New York Post on the Hunter Biden “laptop from hell” also captured international headlines when she, along with Miranda Devine, revealed that Joe Biden was intimately involved in Hunter’s businesses, appearing to even have a 10 percent stake in a company the scion formed with officials at the highest levels of the Chinese Communist Party.
Follow Wendell Husebø on Twitter @WendellHusebø. He is the author of Politics of Slave Morality.
Hunter has reportedly sold five paintings worth $75,000 each to an anonymous buyer. Hunter’s art dealer, Georges Bergès, has previously boasted he had strong ties to businessmen in Communist China, which has concerned many due to the Biden family’s business ventures abroad.
“We are 95% sure that that artwork went to China,” Comer said. “We don’t know where exactly that went to in China, but we’re going to try to find out when we get subpoena power.”
Follow Wendell Husebø on Twitter @WendellHusebø. He is the author of Politics of Slave Morality.
Biden family business dealings with China is a ‘national security issue’: Schweizer
https://www.youtube.com/watch?v=6Hew-Pm1d-0
Biden Admin Briefed Xi on Watered-Down Chinese Investment Limits
Treasury Secretary Janet Yellen didn't want to catch China 'off guard,' report says
The Biden administration during a trip to Beijing briefed Chinese president Xi Jinping's government on watered-down U.S. plans to restrict investments in China so as not to catch Xi "off guard," according to a new report.
Treasury Secretary Janet Yellen during her July trip to China "previewed" to Xi's government the administration's plans to limit investment into certain Chinese sectors, Bloomberg reported Monday evening. "The goal, in part, was to make sure it doesn't catch off guard America's biggest geopolitical rival," according to the outlet.
The revelation marks the latest example of Yellen's attempts to appease the Chinese while in Beijing. Beyond briefing Xi's government on the planned investment restrictions, Yellen declined to use tough-on-China language that has angered the Chinese Communist Party. The Treasury secretary refused during her trip to say that the Biden administration is working to "decouple" or "de-risk" from China's economy, instead arguing that the United States merely wants "diverse" supply chains. Yellen hoped that language would "allay China's concerns," according to the New York Times.
While China's Foreign Ministry on Tuesday condemned U.S. efforts to "place arbitrary curbs on normal technology cooperation and trade," the Biden administration's plans to restrict investment in China are more limited than expected. The restrictions, which should be unveiled by the end of August, only apply to new investments and include carveouts for China's biotechnology and energy sectors, according to Bloomberg. Yellen during a Monday interview touted the narrow scope of the restrictions, saying the administration's plans will not "affect U.S. investment broadly in China" or "have a fundamental impact on affecting the investment climate for China."
As a result, some China experts say the plans do not go far enough. American Enterprise Institute senior fellow Derek Scissors said that Yellen's "constant attempts to reassure" China are "bizarre," while American Foreign Policy Council senior fellow Michael Sobolik accused the administration of "pulling punches."
"The Biden administration should just be honest and say what they want: improved relations with a genocidal regime," Sobolik told the Washington Free Beacon. "This is how America loses the Cold War with China. One concession at a time."
The Treasury Department did not return a request for comment. News of its watered-down investment restrictions comes as another top Biden administration official, climate czar John Kerry, meets with Chinese leaders in Beijing to hold climate change talks.
China has tied those negotiations to further U.S. concessions. The CCP's flagship newspaper, the Global Times, said on Monday that America must end its "crackdown on China" and "mend the past frictions" with the communist nation or lose "any kind of cooperation" on climate change. Kerry on the same day praised the Chinese government, which is by far the world's top carbon emitter, for "doing an incredible job of building out renewables." Kerry also urged the United States and China to put aside "political issue[s]" and "come together to take action."
Florida Republican congressman Mike Waltz subsequently hammered the Biden administration for its willingness to "overlook" Chinese threats in an attempt to maintain "helpless" climate negotiations.
"The Biden administration are climate appeasers willing to overlook all the threats posed by the CCP in a helpless attempt to get China on board with their environmental priorities," Waltz told the Free Beacon. "Not only are they weakening American energy independence, but further enabling China's pollution by building green energy projects with Russian coal."
State Pension Funds Invest Millions in Blacklisted Chinese Companies
New York and California kick millions to China as they claim investments will advance ‘human rights’ and other ESG values
The New York State public employee retirement fund says it promotes "human rights" with its investments. But a Washington Free Beacon review found New York and other states invest millions of taxpayer dollars in Chinese companies that develop sensitive military technology and help the communist regime surveil and imprison Uyghur Muslims.
The California Public Employees’ Retirement System (CalPERS), the California State Teachers’ Retirement System (CalSTRS), and the New York Common Retirement Fund are the three largest retirement funds for millions of public employees, including librarians, teachers, and firefighters. The funds have publicly committed to promoting environmental, social, and governance (ESG) values when investing, including the protection of human rights.
The funds, however, invest millions of taxpayer dollars in companies identified by the U.S. Department of Defense as "Communist Chinese military companies," according to a review of asset listings. The holdings belie commitments by these states to promote ESG values when investing and highlight a failure by the federal government to stop U.S. taxpayer money from funding the Chinese military-industrial complex.
New York’s retirement fund, for instance, invests in BGI Genomics, which in 2020 said it would build a gene bank and a "judicial collaboration" center in the Chinese province where Uyghur Muslims were being arrested and sent to internment camps. The projects were part of a larger effort by China to "document the genetic material of ethnic minorities," according to an Axios report. Chinese government treatment of Uyghurs has included political reeducation, slave labor, and forced sterilization. The Defense Department has identified BGI as a "Communist Chinese military company" for its role in the Uyghur genocide.
CalPERS, the largest state pension fund in the United States, and the New York retirement fund invest nearly a million dollars in 360 Security Technology, a self-described Chinese "internet security" company that was placed on an economic blacklist in 2020 for its role in "high-technology surveillance against Uyghurs." Both funds also hold stock in Zhejiang Dahua Technology, a partly state-owned company that manufactures video surveillance equipment and is also subject to the U.S. blacklist for its involvement in Uyghur surveillance.
A Free Beacon review of ESG risk scores for Chinese military companies found that they receive high ratings from the industry, which has been rocked by accusations of political bias. The risk scores, which measure a company’s exposure to unethical activity, calculated by Morningstar company Sustainalytics rated BGI Genomics, 360 Security Technology, and Zhejiang Dahua Technology more ethical than Tesla.
New York and California hold millions in these companies’ stock as they tout their commitments to ethical investing. A 2020 "ESG Strategy" document from the New York comptroller’s office pledges to consider "human rights," "supply chain labor standards," and "privacy and data security" when investing. The fund also pledges to tackle "climate change risks," "labor rights," "disability inclusion," and "factory safety in Bangladesh." The California funds make similar promises. A 2019 CalPERS "Government & Sustainability" document vows to make investments aimed at the "elimination of human rights violations in all countries" and the "development of basic democratic institutions and principles."
The state pension funds also invest millions in companies blacklisted for attempting to steal U.S. military technology. CalPERS and the New York retirement fund both invest in multiple subsidiaries owned by the Aviation Industry Corporation of China. AVIC, a state-owned aerospace and defense conglomerate, has been on the Defense Department’s list of "Communist Chinese military companies" since June 2021.
Last month, the U.S. blacklisted an AVIC subsidiary for "attempting to acquire US-origin items in support of China’s military modernization," according to a Commerce Department press release. The AVIC 612 Institute was among entities with "demonstrable ties to activities of concern, including hypersonic weapons development" and the "design and manufacture of air-to-air missiles," the statement said.
"Decades of unmitigated engagement between the United States and China have intertwined Americans' personal finances with PLA-affiliated companies," Michael Sobolik, a senior fellow in Indo-Pacific Studies at the American Foreign Policy Council, told the Free Beacon. "Multiple state-managed retirement accounts invest in companies directly and indirectly linked to China's military. In effect, Americans are underwriting the defense and technological buildup of the Chinese Communist Party and the People's Liberation Army. Policymakers have no excuse for allowing this reality to continue."
Both California funds also invest in the holdings firm for the China State Shipbuilding Corporation, which produces warships for the Chinese Navy and controls more than a fifth of the global commercial shipbuilding market. The country became the world shipbuilding leader when it combined its commercial and military shipyards.
This merger represents a broader strategy the government has adopted in recent years. China has recently adopted a strategy of "military-civil fusion" that integrates the country’s public and private sector resources. This move aims to accelerate production and innovation and give the government and military easier access to new technologies. From surveillance technologies to aircraft engines, the country’s private companies have become more deeply intertwined with the Chinese military. This development has made American companies more liable to indirectly support the military’s efforts by working with or investing in Chinese companies.
Beyond complicity in genocide and support of the Chinese military, U.S. tax dollars go to companies working to strengthen ties between China and allies like Iran.
All three funds invest nearly $30 million in China Railway Group, which has come under scrutiny from state pension funds before for ties to Iran. In 2016, the company signed a $2 billion contract with Iran to build a high-speed rail line that National Geographic reported would give the state "military access to hard-to-control parts of the country." The same year, CalSTRS announced its stock holding of the company was "under review" and reportedly dumped it in 2020. But a Free Beacon review found CalSTRS quietly returned China Railway Group to its portfolio sometime before July 2022.
The two countries announced a 25-year cooperation deal last year. China has pledged to invest $400 billion in Iran in exchange for continuous access to Iran’s oil supply. It’s the latest investment abroad by China in a bid to advance its global influence. The communist regime’s broader strategy, labeled the "Belt and Road Initiative," has pledged trillions in new infrastructure to countries in Africa, South America, and the Middle East.
New York’s state pension fund last year divested $238 million from 21 fossil-fuel companies that state comptroller Thomas DiNapoli’s office said "failed to show viable transition strategies." In March, the fund announced a $1.3 billion "sustainable investment program" to "capitalize on climate solution opportunities." In 2018, DiNapoli sent McDonald’s a letter "in his capacity as trustee of the $209.2 billion New York State Common Retirement Fund," according to Bloomberg, chiding the fast-food chain for its treatment of chickens.
Neither the comptroller nor any other spokesperson for the fund has made public statements or investment changes surrounding BGI Genomics, 360 Security Technology, or Zhejiang Dahua Technology, despite their blacklisted status. The New York comptroller's office and CalPERS declined to comment. CalSTRS did not respond to a request for comment.
California last year divested from two private prisons in the United States, citing its "environmental, social, and governance" policy that pledged to respect human rights.
This comes as U.S. officials soften their rhetoric toward China and retreat from the term "decoupling," as Treasury Secretary Janet Yellen did during her visit to China last week. Instead, Yellen said the United States should focus on less sweeping policy moves such as "diversifying critical supply chains or taking targeted national security actions."
Published under: California , China , Investment , New York , Pension
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania. JOHN BINDER
“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation (TWO GAMER LAWYERS) and the Obama (TWO GAMER LAWYERS) book and television deals. Then there is the Biden family (THE CHINESE - BIDEN - PENN INSTITUTE) (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES & FRANK) corruption, followed closely behind by similar abuses of power and office by the Warren (GAMER LAWYER) and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (ADD GAMER LAWYER KAMALA HARRIS AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, LAWYER CHUCK SCHUMER).
Since Biden’s inauguration, the University of Pennsylvania has disclosed at least $14 million in donations from China or Hong Kong, the Free Beacon reported last week. The names of these donors have yet to be disclosed by the Department of Education, breaking the precedent of prior administrations which published foreign donor names in a public database.
VP Biden’s Former Assistant: Classified Docs Left Unlocked in Penn Biden Center Closet
Saul Loeb/AFP/Getty Images, Kevin Dietsch/Getty Images
5 Apr 2023141
3:31
Classified documents were transported from then-Vice President Joe Biden’s safekeeping to the Penn Biden Center, where they were kept in an unlocked closet and remained accessible to center employees and potentially others, House Oversight Committee Chair James Comer (R-KY) revealed Tuesday after an interview with Biden’s former assistant, Kathy Chung.
Chung, who current Biden administration officials appear to blame for the mishandling of Biden’s classified documents, told Comer that Biden’s classified documents remained unsecured at the Penn Biden Center for years and remained accessible to her until May 2022.
“This story does not begin in November 2022, as represented by President Biden’s attorney,” Comer said in a statement. “[T]hen-White House Counsel Dana Remus tasked Kathy Chung with retrieving these boxes from the Penn Biden Center as early as May 2022.”
Public records reported by the New York Post suggest that Chinese Communist Party-linked individuals or entities donated at least $54 million between 2014 and 2019 to the Penn Biden Center.
According to a CNN source, the classified documents found at Biden’s “private office” at the center pertain to Iran, the U.K., and Ukraine, where the Biden family conducted business deals.
On Monday, Comer raised concerns about Biden’s classified document scandal in connection with the Biden family business schemes. “We don’t the know the true extent of what he [Joe Biden] has done,” Comer said. “All we know is he had classified documents scattered all over the place dating back to the time as U.S. senator.”
“There is one document in particular that I can tell you from my investigation of Biden family influence peddling that we are very concerned about with respect to the document that Hunter Biden sent to officials at Burisma in Ukraine,” Comer said. “It was a government document. We are concerned that it may have been one of the classified documents.”
Comer’s investigation comes as Chung was hired as Joe Biden’s assistant after a recommendation from Hunter Biden. Chung appears in numerous email threads on Hunter’s “laptop from hell,” including Hunter’s correspondence to Chung about being hired as Joe Biden’s assistant.
According to Legistorm, Chung worked for Joe Biden until January 19, 2017, right before Joe Biden left the vice presidency. However, she told Comer she was tasked by a former White House lawyer to access the documents as recently as May 2022, contradicting statements from Joe Biden’s lawyers about the timeline of events.
The White House has failed to fully explain why Joe Biden’s lawyers were looking through the Penn Biden Center papers on November 2 when the classified documents were discovered.
Notably, the classified document scandal was leaked to CBS News on January 9, weeks after the initial trove was found by Biden’s personal lawyers in November. The establishment media has reported at least three times that Biden and the DOJ agreed to hide the scandal from public view with likely no plans to disclose it.
Joe Biden is currently under investigation by Special Counsel Robert Hur in connection with classified documents found at his Wilmington home and in his office at the Penn Biden Center.
Follow Wendell Husebø on Twitter @WendellHusebø. He is the author of Politics of Slave Morality.
No comments:
Post a Comment