Saturday, March 2, 2024

Bidenomics in Crisis: Younger Americans Think The Biden Economy Stinks - AMERICA'S YOUTH SHOULD DECLARE THEMSELVES ILLEGALS AND THEN VOTE DEMOCRAT FOR MORE!

 

Bidenomics in Crisis: Younger Americans Think The Biden Economy Stinks

WASHINGTON, DC - MARCH 01: U.S. President Joe Biden stops to talk to reporters as he depar
Photo by Chip Somodevilla/Getty Images

President Biden spent a good portion of last year trying to sell the American public on the idea that his policies were a boon for the economy, repeatedly using the phrase “Bidenomics.”

Younger Americans likely to vote in this year’s presidential election are not buying it.

A new poll by The New York Times and Siena College found that likely voters between the ages of 18 and 29 overwhelmingly have a negative opinion of economic conditions today.

Even more strikingly, virtually none rate the economy as excellent.

Eighty-seven percent of likely voters between 18 and 29 rate economic conditions as poor or only fair, making this the worst demographic for Biden when it comes to the economy. That’s particularly troubling for Joe Biden because Democratic candidates for president typically need an outsized share of the young vote to win.

What’s more, the negative views of the economy are skewed to the lowest ranking. Sixty percent of younger likely voters rate the economy as poor and 26 rate the economy as only fair. (The total does not add up to 87 percent, presumably due to rounding.)


Just thirteen percent say they rate the economy as “good.”

The percent who say they rate the economy as “excellent?” Zero.

The view of the economy is only a bit brighter among older likely voters. For those between 30 and 44, 76 percent have a negative view, including 50 percent who say conditions are poor. Just four percent say they are excellent.

Among likely voters between 45 and 64, 73 percent have a negative view, including 50 percent who give the economy the lowest mark. Seven percent say the economy is “excellent.”

Older voters are less negative, with 60 percent saying conditions are poor or only fair. Forty percent say conditions are poor. The are saying conditions are excellent jumps to 16 percent, which may reflect the large cost of living increases in Social Security, gains in the stock market, and climbing home prices. Older Americans are more likely to own homes and be invested in the stock market than younger Americans.

As well, many older Americans may be happy that fixed income instruments are paying much higher rates than they have in over a decade.

 

BILLIONS HANDED OVER TO JOE BIDEN'S INVADERS TO GET MORE TO JUMP THE BORDER, JOBS AND VOTING BOOTHS.

Maine Residents Furious over $13M Tax Bill for ‘Taj Mahal’ Where Migrants Get Two Years of Free Rent

Maine Migrants
Brianna Soukup/Portland Press Herald via Getty Images

Residents of Maine are expressing their outrage over the state’s plans to spend $13 million on constructing apartment complexes for illegal border crossers where some could be afforded up to two years of free rent.

The apartment complex plan — derisively labeled the “Taj Mahal” for illegals — took a lot of heat from residents of Brunswick during a February 20 city council meeting. The locals were upset over the fact that the same apartments that cost citizens between $1,800 and $2,300 a month were going to be handed out to illegals for free.

“You have all these houses being built. That’s discrimination, in my eyes,” Maine resident George Bernier said, according to the Daily Mail. “Am I too white? Is that what it is? Do I work too much? What’s the discrimination factor?”

“How can we give housing to anyone other than our Brunswick residents first?” he indignantly asked.

Fellow resident Lisa Trombley added that the state is neglecting the needs of taxpaying citizens and acting in favor of illegals.

“You need to take a look at the needs of our current residents,” Trombley said. “If we don’t have a plan to take care of the residents, we shouldn’t be inviting them to come. No matter where they are coming from, we can’t afford to do it.”

Many of the brand-new buildings were completed in 2023, and the first began taking residents in December.

The project was initially funded by a six-million-dollar program, which the state housing authority, MaineHousing, initiated.

Migrants have already filled some of the housing units:

The plan even came to the attention of Donald Trump Jr., who blasted it while campaigning for his father.

“Up in this part of the world and up in Maine, they are giving illegal immigrants free housing — multimillion-dollar free housing — while they’re kicking out veterans in the street,” he said in a news clip shared by the conservative Maine Wire. “I mean, what’s going on?”

However, MaineHousing points out that migrants will be required to pay 30 percent of their income in much-reduced rent fees if they get a job.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston


HOW ARE DEMOCRATS HANDLING AMERICA'S HOUSING AND HOMELESS CRISISES? - Maine Residents Furious over $13M Tax Bill for ‘Taj Mahal’ Where Migrants Get Two Years of Free Rent

BILLIONS HANDED OVER TO JOE BIDEN'S INVADERS TO GET MORE TO JUMP THE BORDER, JOBS AND VOTING BOOTHS.

Maine Residents Furious over $13M Tax Bill for ‘Taj Mahal’ Where Migrants Get Two Years of Free Rent

Maine Migrants
Brianna Soukup/Portland Press Herald via Getty Images

Residents of Maine are expressing their outrage over the state’s plans to spend $13 million on constructing apartment complexes for illegal border crossers where some could be afforded up to two years of free rent.

The apartment complex plan — derisively labeled the “Taj Mahal” for illegals — took a lot of heat from residents of Brunswick during a February 20 city council meeting. The locals were upset over the fact that the same apartments that cost citizens between $1,800 and $2,300 a month were going to be handed out to illegals for free.

“You have all these houses being built. That’s discrimination, in my eyes,” Maine resident George Bernier said, according to the Daily Mail. “Am I too white? Is that what it is? Do I work too much? What’s the discrimination factor?”

“How can we give housing to anyone other than our Brunswick residents first?” he indignantly asked.

Fellow resident Lisa Trombley added that the state is neglecting the needs of taxpaying citizens and acting in favor of illegals.

“You need to take a look at the needs of our current residents,” Trombley said. “If we don’t have a plan to take care of the residents, we shouldn’t be inviting them to come. No matter where they are coming from, we can’t afford to do it.”

Many of the brand-new buildings were completed in 2023, and the first began taking residents in December.

The project was initially funded by a six-million-dollar program, which the state housing authority, MaineHousing, initiated.

Migrants have already filled some of the housing units:

The plan even came to the attention of Donald Trump Jr., who blasted it while campaigning for his father.

“Up in this part of the world and up in Maine, they are giving illegal immigrants free housing — multimillion-dollar free housing — while they’re kicking out veterans in the street,” he said in a news clip shared by the conservative Maine Wire. “I mean, what’s going on?”

However, MaineHousing points out that migrants will be required to pay 30 percent of their income in much-reduced rent fees if they get a job.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

Bidenomics in Crisis: Younger Americans Think The Biden Economy Stinks

WASHINGTON, DC - MARCH 01: U.S. President Joe Biden stops to talk to reporters as he depar
Photo by Chip Somodevilla/Getty Images

President Biden spent a good portion of last year trying to sell the American public on the idea that his policies were a boon for the economy, repeatedly using the phrase “Bidenomics.”

Younger Americans likely to vote in this year’s presidential election are not buying it.

A new poll by The New York Times and Siena College found that likely voters between the ages of 18 and 29 overwhelmingly have a negative opinion of economic conditions today.

Even more strikingly, virtually none rate the economy as excellent.

Eighty-seven percent of likely voters between 18 and 29 rate economic conditions as poor or only fair, making this the worst demographic for Biden when it comes to the economy. That’s particularly troubling for Joe Biden because Democratic candidates for president typically need an outsized share of the young vote to win.

What’s more, the negative views of the economy are skewed to the lowest ranking. Sixty percent of younger likely voters rate the economy as poor and 26 rate the economy as only fair. (The total does not add up to 87 percent, presumably due to rounding.)


Just thirteen percent say they rate the economy as “good.”

The percent who say they rate the economy as “excellent?” Zero.

The view of the economy is only a bit brighter among older likely voters. For those between 30 and 44, 76 percent have a negative view, including 50 percent who say conditions are poor. Just four percent say they are excellent.

Among likely voters between 45 and 64, 73 percent have a negative view, including 50 percent who give the economy the lowest mark. Seven percent say the economy is “excellent.”

Older voters are less negative, with 60 percent saying conditions are poor or only fair. Forty percent say conditions are poor. The are saying conditions are excellent jumps to 16 percent, which may reflect the large cost of living increases in Social Security, gains in the stock market, and climbing home prices. Older Americans are more likely to own homes and be invested in the stock market than younger Americans.

As well, many older Americans may be happy that fixed income instruments are paying much higher rates than they have in over a decade.

 

CRAPBOX CERIAL MAN GARY PILNICK - The calls for a boycott come after Kellogg’s CEO Gary Pilnick said that families worried about inflation should eat “cereal for dinner,” and even suggested that such woes are a good marketing opportunity for Kellogg’s, telling CNBC that cereal “tends to be a great destination when consumers are under pressure.

 

Kellogg’s Faces Boycott After CEO Pushes ‘Cereal for Dinner’ in Response to Inflation

child eating cereal
iStock / Getty Images Plus

Kellogg’s is facing a boycott after its CEO suggested that cash-strapped families suffering under inflation should eat “cereal for dinner.”

Outraged consumers are planning to boycott Kellogg’s from April 1 to June 30 to send the company a message during the second quarter of its fiscal year, as well as pressure Kellogg’s to lower its prices, according to a report by MarketWatch.

The calls for a boycott come after Kellogg’s CEO Gary Pilnick said that families worried about inflation should eat “cereal for dinner,” and even suggested that such woes are a good marketing opportunity for Kellogg’s, telling CNBC that cereal “tends to be a great destination when consumers are under pressure.”

“Some of the things that we’re doing is, first, messaging,” the Kellogg’s CEO said. “We have to reach the consumer where they are. So we’re advertising about cereal for dinner.”

After being asked if suggesting “cereal for dinner” for families suffering under inflation could be taken “the wrong way,” Pilnick said he didn’t think so, adding that the concept is “landing really well right now.”

“Over 25 percent of our consumption is outside the breakfast occasion,” the Kellogg’s CEO, who has an estimated net worth of $15.7 million, said. “A lot of it’s at dinner, and that occasion continues to grow.”

Pilnick added that he expects the trend of “cereal for dinner” to continue “as that consumer is under pressure,” and claimed that “the price of a bowl of cereal with milk and with fruit is less than a dollar.”

Kellogg’s, however, is one of the companies that has raised prices in the past two years, helping fuel higher-than-normal inflation, consumer advocates pointed out.

“Kellogg’s CEO found an angle to exploit an industry-driven food-insecurity crisis to bulk up his company’s profits, but everyday families should not have to make these kinds of choices in the first place,” Liz Zelnick, director of the economic security and corporate power program at Accountable.US, a left-leaning consumer advocacy group, told MarketWatch.

A Kellogg’s spokesperson also confirmed to MarketWatch that the company’s last major price increase was March 2023.

Additionally, the breakfast company has been advertising the concept of cereal for dinner since the summer off 2022, when inflation reached a 40-year high.

“There’s no reason for you to jack up your prices the way you did, except to screw us,” one social media user said in a TikTok video with two million views and more than 300,000 likes.

“And you know what? Now we’re going to screw you — while eating some other brand’s cereal,” the social media user added.

Another TikTok user calling for a Kellogg’s boycott said, “Inflation has continued to rise year over year over year, and they continue to do nothing about it,” in a video with more than 655,000 views and 118,000 likes.

“First we were told that we drink too much Starbucks. Then it was, stop having so much avocado toast. Now Kellogg’s CEO wants to tell us, ‘Oh, you can’t afford dinner, that’s OK, just buy Frosted Flakes and you’ll be all right,'” the TikTok user added. “Touché there, but I will not be eating Kellogg’s Frosted Flakes.”

You can follow Alana Mastrangelo on Facebook and X/Twitter at @ARmastrangelo, and on Instagram.

JOE BIDEN'S WAR ON AMERICA - HAS BEEN GOING ON FOR DECADES!

 

YOU MEAN JOE BIDEN IS A LIAR! - Job Cuts Are Sending Chills And The Economy Headed Towards Stagflation

 

THE DEMOCRAT PARTY - AMERICA'S DRUG SUPPLIERS FROM BORDER TO OPEN BORDER - OPERATING IN ASSOCIATION WITH NARCOMEX AND RED CHINA, PARTNERS

TO BE A POLITICIAN IN AMERICA, ONE NEEDS TO HAVE THE MORALS, ETHIC AND PARASITICISM OF A FUKING PIG LAWYER!

IT MUST BE IN CALIFORNIA'S WATER!

“For Newsom, it appears that honestly addressing the fentanyl crisis by dealing with China’s central role in the crisis might disrupt his political and financial security,” Schweizer concludes.

Newsom would later state that his conversations with Xi around fentanyl were “honest,” but he caveating this by adding that “no fingers were being pointed.”



“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation  (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) (WHAT ABOUT THE CHINA BIDEN PENN CENTER?)  and the Obama (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) book and television deals. Then there is the Biden family (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES, FRANK - OWNED BY GEORGE SOROS AND LARRY FINK OF BLACKROCK)  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 (WANTS TO BE OWNED BY GEORGE SOROS) AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, LAWYER CHUCK SCHUMER, OWNED BY LARRY FINK OF BLACKROCK WHO OWNS A BIG PIECE OF THE ‘BIG GUY’ JOE, AND GEORGE SOROS’ RENT BOY (GAMER LAWYER) TONY BLINKEN, AS WELL AS CON MAN (GAMER LAWYER) ADAM SHIFF AND HIS CORRUPTNESS (GAMER LAWYER) BOB MENENDEZ STILL EVADING PRISON, AND NOT BE VERY LEAST, ERIC SWALWELL (GAMER LAWYER), THE CHINESE HO CHASING BRIBES SUCKER.

    BRIAN C JOONDEPH


‘Blood Money’: Meet Adam Schiff, Who Looks Away from the Deadly Fentanyl Crisis in His Backyard While Taking Donations from Money Laundering Operators Tied to the Drug Trade

Rep. Adam Schiff (D-CA) speaks with supporters during the annual Chinese New Year parade o
Josh Edelson/Getty Images

Rep. Adam Schiff (D-CA), who has been strikingly absent from the national fentanyl conversation, has “financial connections to individuals involved with criminal networks in Southern California, many of whom are tied to money laundering and the drug trade,” according to Peter Schweizer’s new book Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans.

In Blood Money, Schweizer highlights Schiff’s astonishingly empty record regarding the fentanyl crisis before suggesting that the congressman could potentially risk “undue attention to his own financial” ties if he were to address the issue meaningfully.

Schiff, who is running for U.S. Senate, represents California’s 30th Congressional District, which includes Burbank, Hollywood, Glendale, and Pasadena. Schweizer notes that the fentanyl crisis is rampant in upscale Burbank where at least seven high school students had overdosed on the deadly synthetic opioid in 2022 alone. Now, schools in the Burbank Unified School District are required to carry naloxone in the event of overdoses. The effects in the city have been far-reaching.

“In 2022, two men were arrested in Burbank with a hundred thousand counterfeit oxycodone pills laced with fentanyl,” Schweizer notes. “Nineteen-year-old TikTok influencer Cooper Noriega was found dead in a Burbank park with fentanyl in his system.”

Moreover, the Los Angeles area saw fentanyl deaths skyrocket “by a stunning 1,208 percent from 2016 to 2022,” Schweizer reports.

People are photographed outside the parent center at Helen Bernstein School on Wilton Place in Los Angeles, California, where a 15-year-old girl was found dead in the girls bathroom, and another 15 year old girl and a teenage boy were taken to a hospital. All were victims of fentanyl overdoses. (Mel Melcon/Los Angeles Times via Getty Images)

Demonstrators protesting to the sale of illegal drugs on Snapchat participate in a rally outside the company’s headquarters to call for tighter restrictions on the popular social media app following fatal overdoses of fentanyl in Santa Monica, California, on June 13, 2022. (RINGO CHIU/AFP via Getty Images)

However, during Schiff’s tenure as House Intelligence chair during the 116th and 117th Congresses, the committee “did nothing” to address the issue of fentanyl, according to Blood Money.

“If you go to the Intelligence Committee’s webpage that describes its work under his tenure, the word ‘fentanyl’ yields no results,” Schweizer reveals. “That is to say, the Intelligence Committee under his leadership, by its own account, did nothing on a topic that the Obama administration had declared a threat to our national security in 2017. A search of Schiff’s congressional webpage yields a lone mention of ‘fentanyl,’ a brief reference to a single piece of legislation.”

“Voters in his district have noticed the silence,” Blood Money states. Conversely, the bestselling author, who has repeatedly exposed corruption at the uppermost echelons of society, emphasizes that “Schiff was outspoken on the far, far less dangerous outbreak of monkeypox, demanding more action on a vaccine, even though it has killed no one in the United States at the time of this writing.”

The latest data available from the Centers for Disease Control and Prevention (CDC) shows that a reported 73,686 overdose deaths from synthetic opioids alone occurred in the United States between September 2022 to September 2023. The figure excludes deaths from methadone.

“Why Congressman Schiff has little to say about the deadly fentanyl crisis is an abiding mystery,” Schweizer writes. “Part of the reason may be that raising the issue might cause undue attention to his financial connections to individuals involved with criminal networks in Southern California, many of whom are tied to money laundering and the drug trade.”

Allied Wallet –  a “sketchy firm” that “was tied to money laundering, with a major footprint in China”  made one of the top donations to a joint fundraising committee that Schiff established with then-Sen Barbara Boxer (D-CA) in 2017 called PAC for a Change, Schweizer alleges. The $95,000 contribution from the company – which “made money processing credit card payments” for clients described as “‘high risk’ online retailers that traditional financial institutions avoid” – was followed by donations from individual company executives to Schiff’s Congressional campaign, according Schweizer’s Blood Money. One donation came from the company’s head, Andy Khawaja, a dual U.S. and Lebanon citizen who would be embroiled in a federal investigation.

“Schiff’s congressional campaign took in at least $36,000 in donations from executives at Allied Wallet,” Schweizer notes. “Another $16,100 came from Khawaja, and two additional $10,000 contributions came from two other executives of the company. While Schiff was accepting those donations, it was publicly known that Allied Wallet had been under FBI investigation. It was not the first time: in 2010, Allied Wallet had been forced by federal authorities to forfeit $13 million for its involvement in an illegal gambling scheme.”

Schweizer states that Khawaja was seeking “political access,” and with Schiff, he “clearly gained” it.

“At the time Schiff accepted donations from the executives, the company was being investigated for its ties to ‘illegal pharma’ companies around the world. Khawaja threw a lot of money around, clearly in search of political access,” Schweizer writes. “During the 2016 presidential campaign, he first backed Hillary Clinton and then switched to Donald Trump. In the case of Schiff, he clearly gained access. On October 16, 2016, Khawaja and Schiff sat down for a private meeting with Saudi prince Salman bin Abdulaziz Al Saud in Beverly Hills.”

A 2018 photo of Andy Khawaja, CEO of Allied Wallet (Business Wire)

Allied Wallet CEO Andy Khawaja meets with Hillary Clinton in December 2015. (Photo: Business Wire)

Moreover, according to Blood Money, China UnionPay – a Chinese state-owned company through which triads launder money – and Allied Wallet had a partnership.

China UnionPay, “a card brand that ‘is often seen as an arm of Chinese state policy,’” has “close ties to the CCP,” Schweizer reports. “UnionPay has been used by organized crime groups and drug traffickers all around the world, including the Chinese triads. Allied Wallet seemed to function ‘as a sort of credit card processor for fraudsters, swindlers, and rip-off artists bilking the public out of more than $100 million.'”

The China UnionPay Building is seen in Shanghai, China, on October 3, 2021. (Xing Yun/Costfoto/Future Publishing via Getty Images)

Schweizer also points out that Democrat mega-donor Ed Buck – who was convicted of two counts of distribution of controlled substances resulting in death in 2022, as Breitbart News reported – was another donor to Schiff’s campaign and was also “a social acquaintance” of the representative.

Furthermore, a “Schiff booster” and lawyer named Arthur Charchian, “the head of the Southern California Armenian Democrats,” was implicated in a money laundering scheme, according to Blood Money.

“Shortly after Schiff introduced legislation on the Armenian genocide, another Armenian, gang leader Pogos Satamyan, donated $10,000 to the Democratic Congressional Campaign Committee,” Schweizer adds.

“Openly pressing for aggressive action to deal with the Chinese-linked fentanyl networks might lead to open discussions of money-laundering networks operating in the United States and raise some difficult questions for Schiff,” Schweizer argues.

Other big donors include major Hollywood names who enjoy profits from the Chinese market. Jeffrey Katzenberg and Steven Spielberg are both longtime Schiff supporters, Schweizer points out.

Organized crime has long been prevalent in what is now the 30th Congressional District, and Armenian gangs started to grow there in the 1990s, according to reporting at the time, Blood Money notes. Schiff served as a California state senator before being elected to Congress in 2000. Schweizer writes that “some” of Schiff’s work in the California state senate “fueled financial crimes in his district.”

“One bill related to Medi-Cal created a gateway for considerable fraud, which an organized crime syndicate in his district seized upon, perpetuating the largest Medicaid fraud case in history at the time. California business leaders warned Schiff about the fraud they were witnessing, but he appears to have ignored it,” Schweizer writes. “In 2010, four hundred FBI agents executed a massive investigation and arrested seventy Armenian mobsters. The criminals ran 118 phantom clinics, many of them in Schiff’s district. The ringleader, Armen Kazarian, lived in Schiff’s district.”

In 2005, as the Armenian organized crime foothold in southern California continued to expand several years, after Schiff punched his ticket to Washington, DC, he voted against legislation in the U.S. House that would have further empowered the federal government to combat “gang violence by creating ‘an antiracketeering statute similar to the one used against the Mafia dons to prosecute criminal street gangs,’” Schweizer writes.

Blood Money, published by Harper-Collins, is available now. Schweizer, a senior contributor to Breitbart News and the president of the Government Accountability Institute (GAI), is the best-selling author of Profiles in Corruption, Clinton CashSecret Empires, and Red-Handed.


Peter Schweizer: Chinese Strategy Is Defeat U.S. ‘Without Firing a Shot’ AND JOE BIDEN IS RIGHT THERE CASHING IN LIKE A PARASITE LAWYER

U.S. President Joe Biden escorts Chinese President Xi Jinping to his car to bid farewell a
Li Xueren/Xinhua via Getty Images

The Chinese are engaging in what has been described as “disintegration warfare,” essentially engaging in war with the United States but through means such as social chaos and division, Peter Schweizer, author of Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, said during an appearance on Breitbart News Saturday.

“This strategy is, ‘Why have a kinetic war where we kill Americans, they kill us? We get damaged. Why not simply try to defeat them in war without actually appearing that we are at war?’ And what that means is, they are going to, and they are, developing and using strategies that are designed to divide Americans, to encourage social chaos, to turn America against America,” Schweizer said, explaining that social chaos in the United States is “magnified by China.”

Schweizer explained that there is a facility in China where they have thousands of military officers, and each one has thousands of social media accounts in the West, and “they’re posing as Americans.”

“And basically half of these social media accounts say ‘America is a racist society’ and the other half say ‘I only like white people,’ and it’s designed to magnify,” he said.

“The strategy as they say it is, ‘Let’s defeat the United States without actually having to fire a shot.’ And that’s essentially what their strategy is,” the Blood Money author continued.

“And they’ve been doing it over the last decade, and it manifests itself in all kinds of ways,” he continued, explaining in great detail how the Chinese are also intricately involved in poisoning Americans via the fentanyl pipeline and using social media platforms to sow even more discord in the United States.

Schweizer explained that they attempted to take out ads for Blood Money on TikTok — owned by the Chinese Communist Party (CCP) — and they refused.

“It’s clear to me the reason they did not want these ads run is because the ads focused on the fact that TikTok is directly linked to the CCP, and as we point out in the book, they are explicitly using it to undermine social cohesion in the United States and as a propaganda tool against young people, and they’re very explicit about how they do that,” Schweizer said.

“We got access to Chinese military journals and publications. One military official calls TikTok the Trojan Horse that they are using against the West. And there were specific examples of how they use emotion and they use other tools to subconsciously message to America’s young people and to get them to reject the values that they were raised with,” the seven-time New York Times bestselling author continued.

LISTEN:

“They’re very, very explicit about it. They’re very direct about it. These are not my words. This is not my assessment. This is actually what the Chinese military and the Ministry of Propaganda say and talk about with regards to TikTok, and that’s what I think makes it so stunning and explicit,” he said, explaining that American leaders are refusing to discuss it because “there’s so many big investors who have money in ByteDance — the parent company of TikTok — so you have investors at the Carlyle Group that are very close to Joe Biden, who have a big stake in this company.”

“They could stand to lose billions of dollars if this app was banned. So of course, Joe Biden reversed Donald Trump’s decision to force a sale of TikTok. On the Republican side, you have organizations like Club for Growth, one of their biggest donors. … Jeff Yass owns 17 percent of ByteDance. And he is pushing the Club for Growth and others to say, ‘No, we don’t want a ban on TikTok.’ That’s the position of the Club for Growth now. So it’s a pressure problem on both sides of the aisle. But the evidence is clear of what TikTok does. They say it in their own words, and our political leaders don’t want to act back on it because their financial backers have large stakes in this company,” he added.

Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, published by HarperCollins, is available now in hardcover, e-book, and audiobook.

Breitbart News Saturday airs on SiriusXM Patriot 125 from 10:00 a.m. to 1:00 p.m. Eastern.

James Biden Admits Joe Biden Got $40K in China Funds Via Alleged Loan Repayment

Democratic Vice Presidential candidate Joe Biden (L) and his brother James Biden during th
Rick Friedman/Corbis via Getty Images

Joe Biden got a $40,000 check in 2017 from China funds that originated from a Biden family deal with a CCP-linked company, CEFC China Energy Co., James Biden admitted to the House impeachment inquiry on February 21, according to a transcript reviewed by Breitbart News.

The acknowledgment raises questions about Joe Biden’s previous claims that his family never made money from China.

James Biden maintained his contention that the $40,000 check was allegedly a repayment to satisfy a prior loan, while his lawyer Paul Fishman added that “money’s fungible,” a statement that underscores the obscurity of the Biden business.

Investigators reminded James that his bank account “did not have sufficient funds” to make the $40,000 alleged loan repayment on his own, “so it is traceable.”

Subpoenaed bank records show James Biden’s bank account only had about $50 before the infusion of cash from a web of entities just days beforehand.

“Where did you believe the source of the money that was going into Owasco, prior to being sent to you, was coming from?” an investigator asked James Biden.

“CEFC,” the president’s brother admitted.

Hunter Biden maintained a different story during his deposition on Wednesday. Hunter denied his father received any money sourced from the CEFC China deal, despite investigators’ tracing of funds used to pay Joe Biden $40,000 in September 2017.

“Remember when Joe Biden told the American people that his son didn’t make money in China?” House Oversight Committee Chairman James Comer (R-KY) asked on X. “Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check.”

“Even if this $40,000 check was a loan repayment from James Biden, it still shows how Joe benefited from his family cashing in on his name … with money from China no less,” he added.

Hunter and James are material witnesses in the impeachment inquiry into Joe Biden, who has denied involvement in the family’s business at least nine times.

The House investigation has found a massive web of wire transfers, 20 shell companies, and associates who helped the Biden business rake in at least $24 million from foreign nationals over the course of approximately five years.

Evidence against Joe Biden can be found here and here.

Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.

Fentanyl is a “Chinese operation much more than it is a Mexican drug cartel operation,” Peter Schweizer, author of Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, said during an appearance on Breitbart News Saturday.

Peter Schweizer: Fentanyl a ‘Chinese Operation Much More than It Is a Mexican Drug Cartel Operation’

Peter Schweizer Fentanyl
GAI, Fatih Aktas/Anadolu Agency, PATRICK T. FALLON, JOHANNES EISELE, SAUL LOEB/Getty Images, Jae C. Hong/AP

Fentanyl is a “Chinese operation much more than it is a Mexican drug cartel operation,” Peter Schweizer, author of Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, said during an appearance on Breitbart News Saturday.

Schweizer, president of the Government Accountability Institute (GAI) and senior contributor at Breitbart News, explained how the Chinese are using fentanyl as a weapon against the United States.

“A lot of the people involved in the fentanyl trade actually have senior positions in the CCP [Chinese Communist Party] or they’re advisers to the CCP government, but the links in this chain of fentanyl that is poisoning 100,000 Americans, every link in that chain is a Chinese operation,” Schweizer said, explaining that the Mexican cartels are “really the junior partners.”

“We all know the precursors come from China,” Schweizer said, explaining that we have been unable to stop the precursors because the International Terminal in Manzanillo in Mexico is “actually run by a Chinese company that’s very close to the Chinese state,” he said, explaining that those precursors “come into the port of Manzanillo” and are “moved to a town in northern Mexico where, according to leaked documents from the Department of Homeland Security that I obtained, 2,000 Chinese nationals essentially operate as chemists.”

In other words, these Chinese nationals are on our border doing it in our backyard. It does not end there, either, because the Chinese are selling pill presses to the Mexican cartels “at cost,” and the cartels are using communication devices and apps that are Chinese “because they know that the Chinese will not share those communications with U.S. law enforcement,” Schweizer said.

“And then the final part of the puzzle is you’re a Mexican cartel. You’re selling drugs. You’ve got all this cash you’re making selling this poison in America. You need to launder your money. Well, it used to be that they laundered their money in Latin American banks when they were selling cocaine and other drugs like that. Now with the fentanyl, they are actually laundering the money in Chinese state-owned banks. And, according to our law enforcement, they use Chinese students in the United States on education visas to actually launder the money in those banks,” Schweizer said.

“So this is a Chinese operation much more than it is a Mexican drug cartel operation,” he added.

LISTEN:

When asked why leaders in D.C., including President Joe Biden, are not doing anything about this, Schweizer said some politicians simply want to get along. They know that if they actually look at what is happening, it changes the entire relationship with China, and they do not want to do the heavy lift. But with Biden, Schweizer said, it is much more “personal.”

“In the case of Joe Biden, it’s much more personal and I think is related to the financial ties that his family has, not just to the Chinese, but to actual individuals that are on the outer fringes of the drug trade. So I’ll give you a specific example,” he said,  explaining that the reason that so much of this flows through Mexico is the Sinaloa Cartel.

“They are the kings of fentanyl. They’re the ones that are responsible for most of this stuff coming in the United States. There’s a Chinese criminal gang called UBG,” headed by a man known as “White Wolf,” Schweizer continued.

“White Wolf” has a business partner who sent $5 million to the Bidens in 2017.

“Of course, it’s never been paid back. And this is all well-documented. Nobody disputes this. What is new — the new piece of the puzzle — is the link between this Chinese businessman who gave him the $5 million forgivable loan that they’ve never paid back and White Wolf. So this means that the first family of the United States, there is one degree of separation between the Biden family and those that are providing this poison in the United States,” he said, noting that other well-known individuals, including California Gov. Gavin Newsom (D), have links to Chinese organized crime.

Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, published by HarperCollins, is available now in hardcover, e-book, and audiobook.

GAVIN NEWSOM = POS 

‘Blood Money’: Gavin Newsom Partnered with Triad-Linked Businessman on Initiative That Brought Chinese Mafia-Linked Businesses to California

Chinese President Xi Jinping meets with Gavin Newsom, governor of the U.S. state of Califo
Huang Jingwen/Xinhua via Getty Images

Gov. Gavin Newsom (D-CA) partnered with a Chinese Communist Party-tied businessman – allegedly connected to the triads – on an endeavor that brought Chinese mafia-linked businesses to California’s Bay Area when Newsom served as San Francisco’s mayor, Peter Schweizer reveals in his new book Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans.

Schweizer reveals in Blood Money that Newsom has had links to Chinese organized crime through his connections to known triad members and that these connections go beyond the ChinaSF initiative that Newsom launched in 2008 to bring Chinese businesses to San Francisco. Schweizer also argues that Newsom has skirted addressing China’s role in the fentanyl trade that has killed so many Californians.

Schweizer, a New York Times best-selling author whose investigative work has led to bombshell revelations of corruption among America’s elite, highlights Newsom’s relationship with Chinese businessman Vincent Lo, who served as the cochairman of ChinaSF and the president of the Council for the Promotion and Development of Yangtze.

Schweizer describes ChinaSF as “an ambitious effort to make the Bay Area the ‘premiere [sic] U.S. gateway for Chinese companies expanding into the North American market.’”

Schweizer writes in Blood Money:

ChinaSF was highly favorable to the Chinese entities involved: any investment they made in an American company would grant them intellectual property rights in China for the technology developed. It “would involve U.S. companies handing over their secret formulas.” But many of the Chinese companies and businessmen that were involved in ChinaSF and benefited from the program had ties to Chinese organized crime.

Newsom’s ChinaSF partner Vincent Lo has ties to the Chinese Communist Party (CCP), as well as alleged ties to the triads, according to Blood Money.

“In the 1990s, Lo’s company reportedly hired triad members to provide ‘canteen and security services’ on his building sites on construction projects around Hong Kong. His company first confirmed the practice, but then Lo denied it,” Schweizer writes. “Lo also backed a Hong Kong politician whose associates were accused of soliciting support from triad members. At the same time, a prominent businessman accused Lo’s companies of ‘sending armed thugs’ likely linked to Chinese triads to forcibly take over his luxury villa complex in suburban Beijing. Lo’s company denies the claim.”

Moreover, Lo is a Real Estate Developers of Association of Hong Kong board member along with his brother, and Schweizer notes that the association’s “leadership is populated with developers linked to the triads.”

“Why did Newsom partner with an individual with all these alleged triad connections?” Schweizer writes. “Lo and his family secured large deals in the Bay Area with help from Newsom’s ChinaSF. Lo and his business associates acquired the iconic Bank of America Center in San Francisco. ChinaSF championed development projects carried out by Lo’s family, including the 555 Howard Street project in the Bay Area, which is tied to the California High-Speed Rail project long championed by Governor Newsom.”

ChinaSF also benefited other businessmen who have ties to the triads, according to Schweizer:

In 2010, Newsom announced that he was bringing the headquarters of a Chinese energy company called GCL-Poly to San Francisco. The company was partly owned by a subsidiary of China Poly Group, a company with “intimate ties” to the Chinese military. In fact, in the 1990s, the company had been implicated in a plan to smuggle thousands of fully automatic machine guns into the United States and has been tied to “sketchy dealings with third-world dictators and arms traders” around the world. China Poly is also said to work “hand and glove” with Chinese organized crime figures: according to one report, triad-linked Stanley Ho once “spent millions” to acquire an object of tremendous propaganda value for the company. Why would Newsom’s ChinaSF green-light such a company’s moving into San Francisco?

Trina Solar Company was another energy company that Newsom announced would be coming to the Bay Area, and it would later be “embroiled in controversy” surrounding an American company’s intellectual property, according to Blood Money. A CEO for one of Trinar Solar Company’s American competitors levied allegations that “it was likely receiving support from the People’s Liberation Army via hackers who were stealing intellectual property from competitors and giving it to the company.”

A GCL-Poly Energy Holdings Ltd. facility in Changji, Xinjiang province, China, on March 2, 2021. Factories in Xinjiang produce nearly half the world’s polysilicon supply. (Colum Murphy/Bloomberg via Getty Images)

The Trina Solar Ltd. headquarters in Changzhou, Jiangsu Province, China, on April 24, 2015. Trina Solar is the world’s biggest solar manufacturer. (Tomohiro Ohsumi/Bloomberg via Getty Images)

Additionally, Newsom touted the arrival of offices for the Chinese-government-controlled newspaper China Daily in San Francisco through ChinaSF.

Notably, the ChinaSF initiative was being launched at the same time then-mayor Newsom ran a “fake-out” in San Francisco during the passing of the torch relay in the lead-up to the 2008 Beijing Olympics after protests in major European cities had “deeply embarrassed” China, Schweizer explains.

“Earlier torch relays in London and Paris had been met by human rights protestors, which had deeply embarrassed Beijing. So Newsom executed an intricate ‘fake-out,’ changing the torch relay route at the last minute, leaving thousands of protestors and supporters at one end of San Francisco while the torch passed through the other side of town,” Schweizer writes. “The protestors were furious, as were Bay Area leaders from Newsom’s own political party.”

Pro-China spectators who had been waiting since as early as 6 am along the intended route of the Olympic Torch relay watch as a phalanx of police walk to take up positions along the originally planned route on April 9, 2008, in San Francisco, California. The torch was diverted shortly after being lit and never took this route. (ROBYN BECK/AFP via Getty Images)

The first torch runner, Chinese Olympic swimmer Lin Li (left) holds the flame and waves at the start of the Olympic Torch relay on April 9, 2008, in San Francisco, California. Hundreds of baton-wielding police herded the Olympic torch through San Francisco as organizers switched the relay course to avoid people protesting the Chinese Communist regime’s human rights abuses, as happened during the Beijing Olympic’s torch relays through Paris and London earlier. (ROBYN BECK/AFP via Getty Images)

Protestors scaled the Golden Gate Bridge to hang “Free Tibet” banners on April 7, 2008, in San Francisco, California, in anticipation of the Beijing Olympic’s torch relay through San Francisco that day. (Justin Sullivan/Getty Images)

Two sailboats with pro-Tibet banners pass police and Coast Guard boats patrolling the harbor before the start of the Olympic Torch relay on April 9, 2008 in San Francisco, California. (ROBYN BECK/AFP via Getty Images)

Tibetan activists protest before before the 2008 Beijing Olympic torch relay in San Francisco, California, on April 9, 2008. Police on bicycles, in boats and in running shoes deployed along San Francisco’s waterfront as thousands of protesters gathered for a shortened and re-routed relay of the 2008 Olympic torch in San Francisco, which was the only North American stop for the Beijing Olympic’s torch relay. (Kimberly White/Bloomberg via Getty Images)

Thousands of protestors march up San Francisco’s Embarcadero to the Ferry Building were they hoped to greet the Beijing Olympic Torch relay on April 9, 2008. But San Francisco Mayor Gavin Newsom re-routed the torch relay at the last minute to avoid embarrassing the Chinese Communist regime. (LANCE IVERSEN/San Francisco Chronicle via Getty Images)

San Francisco Mayor Gavin Newsom’s police officer drag to the ground a pro-Tibetan demonstrator protesting China’s human rights abuses during the Beijing Olympic Torch relay in San Francisco, California, on April 9, 2008. (Ryan Anson/AFP via Getty Images)

San Francisco Mayor Gavin Newsom’s police officers tackle a pro-Tibetan demonstrator protesting China’s human rights abuses during the Beijing Olympic Torch relay in San Francisco, California, on April 9, 2008. (Ryan Anson/AFP via Getty Images)

Newsom’s links to triad members also went beyond the ChinaSF endeavor, Schweizer writes:

Mayor Newsom worked with a San Francisco businessman named Allen Leung and reappointed him as chairman of the Chinatown Economic Development Group. But Leung was no ordinary businessman; he was the dragonhead of the “ominous” Chee (variously “Ghee” or “Gee”) Kung Tong, “transpacific incarnations of criminal Triad gangs originating in China.” Members of his gang were involved in the drug trade. Leung was brutally murdered in 2006.

Then there is Raymond “Shrimp Boy” Chow, “Leung’s successor,” with whom “Newsom also had a fishy history,” according to Schweizer. The Blood Money author explains that Shrimp Boy was “an organized crime leader in San Francisco’s Chinatown” and served multiple prison sentences in the 1970s and 1980s for armed robbery and assault with a deadly weapon, respectively. After that, “he worked for leaders in the Wo Hop triad” and was incarcerated again in the 1990s on firearms charges, Schweizer reports. Shrimp Boy cooperated with the Department of Justice, leading to his early release.

FBI agents lock up the door of the Ghee Kung Tong Free Mason building in San Francisco, California, on March 26, 2014. This was one of many locations raided by the FBI as part of a widespread federal criminal complaint filed on March 24 involving State Sen. Leland Yee and 25 others including Raymond “Shrimp Boy” Chow, the leader of the Ghee Kung Tong organization. (Laura A. Oda/MediaNews Group/East Bay Times via Getty Images)

FBI agents raid the Ghee Kung Tong Free Mason building in San Francisco, California, on March 26, 2014, as part of a massive investigation of Raymond “Shrimp Boy” Chow’s Ghee Kung Tong organization. (Laura A. Oda/MediaNews Group/East Bay Times via Getty Images)

Tony Serra, right, former attorney for Raymond Chow, known as “Shrimp Boy,” pictured at left, listens to speakers at a news conference in San Francisco on April 10, 2014. A federal judge on Aug. 4, 2016, sentenced the San Francisco Chinatown gang leader known as “Shrimp Boy” to two life sentences, one for killing a rival, in a wide-ranging organized crime investigation that also brought down a state senator. (AP Photo/Jeff Chiu)

“Controversy ensued when Shrimp Boy took control of an organization that the mayor’s office was funding. Public outrage in the Asian community in San Francisco led Newsom to cancel the contract,” Schweizer writes. “The grant was withdrawn, but there seemed to be no animus with the mayor. Chow later posted a photo of himself with then lieutenant governor Gavin Newsom on his Facebook page.”

While Newsom was still lieutenant governor in 2016, Shrimp Boy, who was a “dragonhead” of the Chee Kung Tong himself, landed in severe legal trouble that lead to a murder conviction. Schweizer writes:

In 2016, Shrimp Boy was charged with a total of 162 counts of racketeering, aiding and abet- ting the laundering of drug money, and other offenses and was found guilty of murder. Among those crimes was his apparent involvement in the killing of Leung.

Shrimp Boy’s lawyers argued that the prosecutor in his case, who had been appointed by Newsom, culled “political figures out of the prosecution.” Those who skirted criminal charges, according to the lawyers, included individuals “appointed, connected, extremely closely associated with” Gavin Newsom and other political elites.

One of Shrimp Boy’s collaborators was a man named Keith Jackson, who would eventually face a murder-for-hire charge that was dropped when he took a plea deal, according to Blood Money.

Newsom appointed Jackson to his transition team in 2003, when Newsom was San Francisco’s mayor-elect. Jackson was described as “a fixture in the hallways of City Hall” when Newsom was mayor, Schweizer notes. Laurence Pelosi, Newsom’s cousin, even hired Jackson as a consultant for a large real estate project that was important to Newsom, according to Schweizer.

Shrimp Boy partnered with Jackson because he held “a lot of political influence and can do ‘inside deals’ with the City,” but Jackson also “had a very dark side,” according to Blood Money.

“While the FBI was investigating Shrimp Boy, its agents were introduced to Jackson, who claimed that his son ran a $50,000-a-week drug business,” Schweizer writes. “Jackson was later charged in a murder-for-hire scheme and a gunrunning deal involving Shrimp Boy and the Chinese triads. Those charges were dropped as part of a plea agreement.”

Blood Money also dives deeply into Newsom’s posture toward China as governor and his reluctance “to support even rudimentary initiatives designed to contain China’s activities in California.”

For example, Blood Money points to a bipartisan bill that Newsom ultimately vetoed in 2022, which would have halted the sales of the state’s agricultural land to foreign governments. China was the “primary focus” of the bill.

“Perhaps part of Newsom’s motive over the years has been financial,” Schweizer contends.

“He sells his wines in both mainland China and CCP-controlled Hong Kong,” Schweizer writes. “In recent years his wife has been a shareholder in several Chinese companies, to the tune of potentially hundreds of thousands of dollars.”

Meanwhile, Newsom does not appear “remotely interested” in holding China accountable for its role in the global fentanyl trade, Schweizer points out.

A homeless man is seen on a sidewalk as San Francisco fights with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

A homeless man and his dog seen on a sidewalk as the city fighting with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

A homeless man is seen on a sidewalk as the city fighting with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

Homeless people are seen as the city fights with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

“A broad national conversation dealing with Chinese organized crime, which is intimately involved in the drug trade, would raise uncomfortable questions for Newsom. And politicians like to avoid discomfort,” he writes in Blood Money.

For instance, Newsom unveiled a vision to address the fentanyl crisis in March 2023 that failed to include measures to hold the CCP accountable for the drug trade it is so heavily involved in.

“The strategy included elements such as deploying the National Guard to seize fentanyl supplies, conducting overdose prevention efforts, raising awareness about the dangers of drugs, and holding the ‘opioid pharmaceutical industry accountable,’” Blood Money states. “Somehow Newsom’s comprehensive plan overlooked holding Beijing accountable for its involvement in every step of this scourge.”

Months later, in October 2023, Newsom trekked to China for an eight-day, six-city tour organized by the Chinese People’s Association for Friendship with Foreign Countries rather than the United States because Newsom is only a state official, not a federal official. Schweizer highlights that the Chinese People’s Association for Friendship with Foreign Countries is affiliated with Chinese intelligence.

Newsom received “superlative treatment” from Beijing during the trip, according to Blood Money, evidenced by his meeting with Chinese Communist Leader Xi Jinping in the Great Hall of the People, the optics of which were starkly different from Secretary of State Anthony Blinken’s visit months before.

California Gov. Gavin Newsom walks up a section of the Great Wall on the outskirts of Beijing, China, on Oct. 26, 2023. (AP Photo/Ng Han Guan, File)

California Gov. Gavin Newsom, left, meets with Chinese Communist Party Leader Xi Jinping at the Great Hall of the People in Beijing on October 25, 2023. (Office of the Governor of California via AP)

“In an unusual move, Newsom was allowed to sit side-by-side with the Chinese leader, a sign of respect. When US Secretary of State Tony Blinken had visited earlier in the year, Blinken sat opposite Chinese officials while Xi was in the center—a position of superiority,” Schweizer writes.

A Chinese writer described the Newsom meeting as a well-intended gesture to the United States. However, it was also seen as China having a “long-term investment” in the governor, Schweizer notes, directly quoting the writer.

American media was shut out from the meeting, and Newsom completed his visit without publicly criticizing Beijing. He did, however, call on Americans “to tone down their criticisms of China,” Blood Money notes. However, Newsom’s office claimed that he did confronted Xi about precursor chemicals used in synthesizing fentanyl.

“Newsom’s office says that he brought up the subject of fentanyl with Xi in the context of ‘China’s role in combating the transnational shipping of precursor chemicals,’ implying the shipments were somehow occurring independent of the Chinese government,” Schweizer notes. “Hong Kong media wrote that Newsom ‘mentioned the fentanyl crisis in the United States’ to Xi but did not elaborate.”

Newsom would later state that his conversations with Xi around fentanyl were “honest,” but he caveating this by adding that “no fingers were being pointed.”

“For Newsom, it appears that honestly addressing the fentanyl crisis by dealing with China’s central role in the crisis might disrupt his political and financial security,” Schweizer concludes.

Blood Money, published by Harper-Collins, is available now. Schweizer, a senior contributor to Breitbart News and the president of the Government Accountability Institute (GAI), is the best-selling author of Profiles in Corruption, Clinton CashSecret Empires, and Red-Handed.

India Blocks China-Backed World Trade Organization Investment Deals

Chinese President Xi Jinping is seen during the Asia-Pacific Economic Cooperation (APEC) L
Kent Nishimura/Getty Images

India and South Africa on Wednesday blocked the passage of a major investment agreement at the World Trade Organization (WTO) conference in Abu Dhabi, potentially scuttling hundreds of billions of dollars in investments — many of them slated for developing countries of the “Global South,” which India frequently claims to champion.

A trade delegate from a Western nation told Reuters it seemed “ironic that India and South Africa stand in the way of something with such manifest benefits for developing countries.”

The “something” in question is the Investment Facilitation for Development Agreement (IFD), introduced at the WTO by Chile and South Korea, with support from China. Depending on how they are implemented, the projects covered by the IFD would be worth between $200 billion and $800 billion.

The WTO has a rule that any of the 164 member nations can block an agreement by filing a formal objection. India and South Africa exercised that option, while 123 of the other members affirmatively supported the IFD.

India filed its objection because it would compromise the “multilateral” nature of the WTO by imposing binding regulations and agreements on all members. Indian officials suggested the nations eager to participate in the IFD could negotiate among themselves and reach an agreement outside the World Trade Organization.

India contends that an agreement such as the IFD must be adopted through a specific set of WTO procedures that would require the unanimous agreement of all members. IFD co-sponsor South Korea seemingly agreed with that point at the Abu Dhabi conference and said WTO leaders are trying to persuade India and South Africa to withdraw their objections.

India also argued that developed nations have a history of making promises to the developing world that they cannot keep, so carefully negotiated multilateral agreements would be preferable to the huge, sweeping IFD proposal advanced by South Korea and Chile.

Less expressly stated was India’s concern that the IFD agreement, which has been rattling around the WTO in various permutations since 2017, is a power play by China and its client states in the Belt and Road Initiative (BRI). Indian media often refer to the agreement as “China’s IFD.”

Mint noted on Thursday that the IFD has been criticized for “potentially favoring countries heavily reliant on Chinese investments and those with sovereign wealth funds.”

South Africa did not comment on its reasons for blocking the IFD, beyond agreeing with India’s procedural objections.GAVIN NEWSOM = POS 

‘Blood Money’: Gavin Newsom Partnered with Triad-Linked Businessman on Initiative That Brought Chinese Mafia-Linked Businesses to California

Chinese President Xi Jinping meets with Gavin Newsom, governor of the U.S. state of Califo
Huang Jingwen/Xinhua via Getty Images

Gov. Gavin Newsom (D-CA) partnered with a Chinese Communist Party-tied businessman – allegedly connected to the triads – on an endeavor that brought Chinese mafia-linked businesses to California’s Bay Area when Newsom served as San Francisco’s mayor, Peter Schweizer reveals in his new book Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans.

Schweizer reveals in Blood Money that Newsom has had links to Chinese organized crime through his connections to known triad members and that these connections go beyond the ChinaSF initiative that Newsom launched in 2008 to bring Chinese businesses to San Francisco. Schweizer also argues that Newsom has skirted addressing China’s role in the fentanyl trade that has killed so many Californians.

Schweizer, a New York Times best-selling author whose investigative work has led to bombshell revelations of corruption among America’s elite, highlights Newsom’s relationship with Chinese businessman Vincent Lo, who served as the cochairman of ChinaSF and the president of the Council for the Promotion and Development of Yangtze.

Schweizer describes ChinaSF as “an ambitious effort to make the Bay Area the ‘premiere [sic] U.S. gateway for Chinese companies expanding into the North American market.’”

Schweizer writes in Blood Money:

ChinaSF was highly favorable to the Chinese entities involved: any investment they made in an American company would grant them intellectual property rights in China for the technology developed. It “would involve U.S. companies handing over their secret formulas.” But many of the Chinese companies and businessmen that were involved in ChinaSF and benefited from the program had ties to Chinese organized crime.

Newsom’s ChinaSF partner Vincent Lo has ties to the Chinese Communist Party (CCP), as well as alleged ties to the triads, according to Blood Money.

“In the 1990s, Lo’s company reportedly hired triad members to provide ‘canteen and security services’ on his building sites on construction projects around Hong Kong. His company first confirmed the practice, but then Lo denied it,” Schweizer writes. “Lo also backed a Hong Kong politician whose associates were accused of soliciting support from triad members. At the same time, a prominent businessman accused Lo’s companies of ‘sending armed thugs’ likely linked to Chinese triads to forcibly take over his luxury villa complex in suburban Beijing. Lo’s company denies the claim.”

Moreover, Lo is a Real Estate Developers of Association of Hong Kong board member along with his brother, and Schweizer notes that the association’s “leadership is populated with developers linked to the triads.”

“Why did Newsom partner with an individual with all these alleged triad connections?” Schweizer writes. “Lo and his family secured large deals in the Bay Area with help from Newsom’s ChinaSF. Lo and his business associates acquired the iconic Bank of America Center in San Francisco. ChinaSF championed development projects carried out by Lo’s family, including the 555 Howard Street project in the Bay Area, which is tied to the California High-Speed Rail project long championed by Governor Newsom.”

ChinaSF also benefited other businessmen who have ties to the triads, according to Schweizer:

In 2010, Newsom announced that he was bringing the headquarters of a Chinese energy company called GCL-Poly to San Francisco. The company was partly owned by a subsidiary of China Poly Group, a company with “intimate ties” to the Chinese military. In fact, in the 1990s, the company had been implicated in a plan to smuggle thousands of fully automatic machine guns into the United States and has been tied to “sketchy dealings with third-world dictators and arms traders” around the world. China Poly is also said to work “hand and glove” with Chinese organized crime figures: according to one report, triad-linked Stanley Ho once “spent millions” to acquire an object of tremendous propaganda value for the company. Why would Newsom’s ChinaSF green-light such a company’s moving into San Francisco?

Trina Solar Company was another energy company that Newsom announced would be coming to the Bay Area, and it would later be “embroiled in controversy” surrounding an American company’s intellectual property, according to Blood Money. A CEO for one of Trinar Solar Company’s American competitors levied allegations that “it was likely receiving support from the People’s Liberation Army via hackers who were stealing intellectual property from competitors and giving it to the company.”

A GCL-Poly Energy Holdings Ltd. facility in Changji, Xinjiang province, China, on March 2, 2021. Factories in Xinjiang produce nearly half the world’s polysilicon supply. (Colum Murphy/Bloomberg via Getty Images)

The Trina Solar Ltd. headquarters in Changzhou, Jiangsu Province, China, on April 24, 2015. Trina Solar is the world’s biggest solar manufacturer. (Tomohiro Ohsumi/Bloomberg via Getty Images)

Additionally, Newsom touted the arrival of offices for the Chinese-government-controlled newspaper China Daily in San Francisco through ChinaSF.

Notably, the ChinaSF initiative was being launched at the same time then-mayor Newsom ran a “fake-out” in San Francisco during the passing of the torch relay in the lead-up to the 2008 Beijing Olympics after protests in major European cities had “deeply embarrassed” China, Schweizer explains.

“Earlier torch relays in London and Paris had been met by human rights protestors, which had deeply embarrassed Beijing. So Newsom executed an intricate ‘fake-out,’ changing the torch relay route at the last minute, leaving thousands of protestors and supporters at one end of San Francisco while the torch passed through the other side of town,” Schweizer writes. “The protestors were furious, as were Bay Area leaders from Newsom’s own political party.”

Pro-China spectators who had been waiting since as early as 6 am along the intended route of the Olympic Torch relay watch as a phalanx of police walk to take up positions along the originally planned route on April 9, 2008, in San Francisco, California. The torch was diverted shortly after being lit and never took this route. (ROBYN BECK/AFP via Getty Images)

The first torch runner, Chinese Olympic swimmer Lin Li (left) holds the flame and waves at the start of the Olympic Torch relay on April 9, 2008, in San Francisco, California. Hundreds of baton-wielding police herded the Olympic torch through San Francisco as organizers switched the relay course to avoid people protesting the Chinese Communist regime’s human rights abuses, as happened during the Beijing Olympic’s torch relays through Paris and London earlier. (ROBYN BECK/AFP via Getty Images)

Protestors scaled the Golden Gate Bridge to hang “Free Tibet” banners on April 7, 2008, in San Francisco, California, in anticipation of the Beijing Olympic’s torch relay through San Francisco that day. (Justin Sullivan/Getty Images)

Two sailboats with pro-Tibet banners pass police and Coast Guard boats patrolling the harbor before the start of the Olympic Torch relay on April 9, 2008 in San Francisco, California. (ROBYN BECK/AFP via Getty Images)

Tibetan activists protest before before the 2008 Beijing Olympic torch relay in San Francisco, California, on April 9, 2008. Police on bicycles, in boats and in running shoes deployed along San Francisco’s waterfront as thousands of protesters gathered for a shortened and re-routed relay of the 2008 Olympic torch in San Francisco, which was the only North American stop for the Beijing Olympic’s torch relay. (Kimberly White/Bloomberg via Getty Images)

Thousands of protestors march up San Francisco’s Embarcadero to the Ferry Building were they hoped to greet the Beijing Olympic Torch relay on April 9, 2008. But San Francisco Mayor Gavin Newsom re-routed the torch relay at the last minute to avoid embarrassing the Chinese Communist regime. (LANCE IVERSEN/San Francisco Chronicle via Getty Images)

San Francisco Mayor Gavin Newsom’s police officer drag to the ground a pro-Tibetan demonstrator protesting China’s human rights abuses during the Beijing Olympic Torch relay in San Francisco, California, on April 9, 2008. (Ryan Anson/AFP via Getty Images)

San Francisco Mayor Gavin Newsom’s police officers tackle a pro-Tibetan demonstrator protesting China’s human rights abuses during the Beijing Olympic Torch relay in San Francisco, California, on April 9, 2008. (Ryan Anson/AFP via Getty Images)

Newsom’s links to triad members also went beyond the ChinaSF endeavor, Schweizer writes:

Mayor Newsom worked with a San Francisco businessman named Allen Leung and reappointed him as chairman of the Chinatown Economic Development Group. But Leung was no ordinary businessman; he was the dragonhead of the “ominous” Chee (variously “Ghee” or “Gee”) Kung Tong, “transpacific incarnations of criminal Triad gangs originating in China.” Members of his gang were involved in the drug trade. Leung was brutally murdered in 2006.

Then there is Raymond “Shrimp Boy” Chow, “Leung’s successor,” with whom “Newsom also had a fishy history,” according to Schweizer. The Blood Money author explains that Shrimp Boy was “an organized crime leader in San Francisco’s Chinatown” and served multiple prison sentences in the 1970s and 1980s for armed robbery and assault with a deadly weapon, respectively. After that, “he worked for leaders in the Wo Hop triad” and was incarcerated again in the 1990s on firearms charges, Schweizer reports. Shrimp Boy cooperated with the Department of Justice, leading to his early release.

FBI agents lock up the door of the Ghee Kung Tong Free Mason building in San Francisco, California, on March 26, 2014. This was one of many locations raided by the FBI as part of a widespread federal criminal complaint filed on March 24 involving State Sen. Leland Yee and 25 others including Raymond “Shrimp Boy” Chow, the leader of the Ghee Kung Tong organization. (Laura A. Oda/MediaNews Group/East Bay Times via Getty Images)

FBI agents raid the Ghee Kung Tong Free Mason building in San Francisco, California, on March 26, 2014, as part of a massive investigation of Raymond “Shrimp Boy” Chow’s Ghee Kung Tong organization. (Laura A. Oda/MediaNews Group/East Bay Times via Getty Images)

Tony Serra, right, former attorney for Raymond Chow, known as “Shrimp Boy,” pictured at left, listens to speakers at a news conference in San Francisco on April 10, 2014. A federal judge on Aug. 4, 2016, sentenced the San Francisco Chinatown gang leader known as “Shrimp Boy” to two life sentences, one for killing a rival, in a wide-ranging organized crime investigation that also brought down a state senator. (AP Photo/Jeff Chiu)

“Controversy ensued when Shrimp Boy took control of an organization that the mayor’s office was funding. Public outrage in the Asian community in San Francisco led Newsom to cancel the contract,” Schweizer writes. “The grant was withdrawn, but there seemed to be no animus with the mayor. Chow later posted a photo of himself with then lieutenant governor Gavin Newsom on his Facebook page.”

While Newsom was still lieutenant governor in 2016, Shrimp Boy, who was a “dragonhead” of the Chee Kung Tong himself, landed in severe legal trouble that lead to a murder conviction. Schweizer writes:

In 2016, Shrimp Boy was charged with a total of 162 counts of racketeering, aiding and abet- ting the laundering of drug money, and other offenses and was found guilty of murder. Among those crimes was his apparent involvement in the killing of Leung.

Shrimp Boy’s lawyers argued that the prosecutor in his case, who had been appointed by Newsom, culled “political figures out of the prosecution.” Those who skirted criminal charges, according to the lawyers, included individuals “appointed, connected, extremely closely associated with” Gavin Newsom and other political elites.

One of Shrimp Boy’s collaborators was a man named Keith Jackson, who would eventually face a murder-for-hire charge that was dropped when he took a plea deal, according to Blood Money.

Newsom appointed Jackson to his transition team in 2003, when Newsom was San Francisco’s mayor-elect. Jackson was described as “a fixture in the hallways of City Hall” when Newsom was mayor, Schweizer notes. Laurence Pelosi, Newsom’s cousin, even hired Jackson as a consultant for a large real estate project that was important to Newsom, according to Schweizer.

Shrimp Boy partnered with Jackson because he held “a lot of political influence and can do ‘inside deals’ with the City,” but Jackson also “had a very dark side,” according to Blood Money.

“While the FBI was investigating Shrimp Boy, its agents were introduced to Jackson, who claimed that his son ran a $50,000-a-week drug business,” Schweizer writes. “Jackson was later charged in a murder-for-hire scheme and a gunrunning deal involving Shrimp Boy and the Chinese triads. Those charges were dropped as part of a plea agreement.”

Blood Money also dives deeply into Newsom’s posture toward China as governor and his reluctance “to support even rudimentary initiatives designed to contain China’s activities in California.”

For example, Blood Money points to a bipartisan bill that Newsom ultimately vetoed in 2022, which would have halted the sales of the state’s agricultural land to foreign governments. China was the “primary focus” of the bill.

“Perhaps part of Newsom’s motive over the years has been financial,” Schweizer contends.

“He sells his wines in both mainland China and CCP-controlled Hong Kong,” Schweizer writes. “In recent years his wife has been a shareholder in several Chinese companies, to the tune of potentially hundreds of thousands of dollars.”

Meanwhile, Newsom does not appear “remotely interested” in holding China accountable for its role in the global fentanyl trade, Schweizer points out.

A homeless man is seen on a sidewalk as San Francisco fights with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

A homeless man and his dog seen on a sidewalk as the city fighting with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

A homeless man is seen on a sidewalk as the city fighting with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

Homeless people are seen as the city fights with fentanyl problems in San Francisco, California, on February 26, 2024. (Tayfun Coskun/Anadolu via Getty Images)

“A broad national conversation dealing with Chinese organized crime, which is intimately involved in the drug trade, would raise uncomfortable questions for Newsom. And politicians like to avoid discomfort,” he writes in Blood Money.

For instance, Newsom unveiled a vision to address the fentanyl crisis in March 2023 that failed to include measures to hold the CCP accountable for the drug trade it is so heavily involved in.

“The strategy included elements such as deploying the National Guard to seize fentanyl supplies, conducting overdose prevention efforts, raising awareness about the dangers of drugs, and holding the ‘opioid pharmaceutical industry accountable,’” Blood Money states. “Somehow Newsom’s comprehensive plan overlooked holding Beijing accountable for its involvement in every step of this scourge.”

Months later, in October 2023, Newsom trekked to China for an eight-day, six-city tour organized by the Chinese People’s Association for Friendship with Foreign Countries rather than the United States because Newsom is only a state official, not a federal official. Schweizer highlights that the Chinese People’s Association for Friendship with Foreign Countries is affiliated with Chinese intelligence.

Newsom received “superlative treatment” from Beijing during the trip, according to Blood Money, evidenced by his meeting with Chinese Communist Leader Xi Jinping in the Great Hall of the People, the optics of which were starkly different from Secretary of State Anthony Blinken’s visit months before.

California Gov. Gavin Newsom walks up a section of the Great Wall on the outskirts of Beijing, China, on Oct. 26, 2023. (AP Photo/Ng Han Guan, File)

California Gov. Gavin Newsom, left, meets with Chinese Communist Party Leader Xi Jinping at the Great Hall of the People in Beijing on October 25, 2023. (Office of the Governor of California via AP)

“In an unusual move, Newsom was allowed to sit side-by-side with the Chinese leader, a sign of respect. When US Secretary of State Tony Blinken had visited earlier in the year, Blinken sat opposite Chinese officials while Xi was in the center—a position of superiority,” Schweizer writes.

A Chinese writer described the Newsom meeting as a well-intended gesture to the United States. However, it was also seen as China having a “long-term investment” in the governor, Schweizer notes, directly quoting the writer.

American media was shut out from the meeting, and Newsom completed his visit without publicly criticizing Beijing. He did, however, call on Americans “to tone down their criticisms of China,” Blood Money notes. However, Newsom’s office claimed that he did confronted Xi about precursor chemicals used in synthesizing fentanyl.

“Newsom’s office says that he brought up the subject of fentanyl with Xi in the context of ‘China’s role in combating the transnational shipping of precursor chemicals,’ implying the shipments were somehow occurring independent of the Chinese government,” Schweizer notes. “Hong Kong media wrote that Newsom ‘mentioned the fentanyl crisis in the United States’ to Xi but did not elaborate.”

Newsom would later state that his conversations with Xi around fentanyl were “honest,” but he caveating this by adding that “no fingers were being pointed.”

“For Newsom, it appears that honestly addressing the fentanyl crisis by dealing with China’s central role in the crisis might disrupt his political and financial security,” Schweizer concludes.

Blood Money, published by Harper-Collins, is available now. Schweizer, a senior contributor to Breitbart News and the president of the Government Accountability Institute (GAI), is the best-selling author of Profiles in Corruption, Clinton CashSecret Empires, and Red-Handed.

GAVIN NEWSOM = POS