8. Hunter Biden’s firm scored a $1.5 billion deal with the Bank of China only days after Joe Biden and his youngest son visited the country.
Peter Schweizer, a senior contributor at Breitbart News, revealed in his bestselling book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends that Hunter Biden’s firm signed a multi-billion dollar with a subsidiary of the state-owned Bank of China only ten days after he visited the country with his father aboard Air Force Two.
Joe Biden’s Fundraising Craters amid Doubts over Candidacy
2:20
Former Vice President Joe Biden’s fundraising efforts dropped significantly in the third quarter of this year amid mounting concerns over his viability as a candidate.
Biden’s campaign announced on Thursday it only raised $15.2 million in the third quarter, significantly less than expected. The sum was less than what was raised by competitors polling below Biden, such as Sen. Bernie Sanders and South Bend Mayor Pete Buttigieg — who raised $25.3 million and $19.1 million, respectively, in the same period.
Although Biden’s total was also less than the $21.5 million he raised in the second quarter, his campaign attempted to put a positive spin on the fundraising numbers. In a statement provided to the press announcing the fundraising haul, Biden’s team claimed that “98 percent of all donations were from grassroots donors” and 56 percent of all contributors were new.
“Today’s fundraising totals put the campaign in a strong position as we enter the fall. The question any campaign faces at this point is whether or not you have the resources to compete in early states and sustain your efforts beyond,” said Greg Schultz, the former vice president’s campaign manager. “Our campaign unequivocally does and builds on our strength each week.”
Despite the campaign’s positive spin, the fundraising numbers underscore Biden’s declining position in the 2020 contest. When the former vice president first announced his campaign in late April, he was seen as the frontrunner for the nomination, a fact confirmed by his domination in the polls and strong fundraising. Since that time, however, Biden’s campaign has been battered by persistent gaffes and ethical questions surrounding his son’s business dealings in Ukraine and China.
All of this has impacted the former vice president’s standing with the Democrat electorate. A slew of recent polls has shown Biden either trailing or tied with Sen. Elizabeth Warren (D-MA) in the first three early voting states of New Hampshire, Iowa, and Nevada. Likewise, Biden has lost his advantage nationally, trailing Warren by as many as six percentage points in a recent survey conducted for the Economist.
Corruption
blinders of the media and other Democrats
The judge found these
releases, together with the publication of Clinton’s secret speeches to Wall
Street banks, in which she pledged to be their representative, were “matters of
the highest public concern.” They “allowed the American electorate to look
behind the curtain of one of the two major political parties in the United
States during a presidential election.”
*
THE DEMOCRAT PARTY’S
BILLIONAIRES’ GLOBALIST EMPIRE requires someone as ruthlessly dishonest as Hillary
Clinton or Barack Obama to be puppet dictators.
http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/09/google-rigged-it-so-illegals-would-vote.html
Democrats as a protection
racket? Ed Buck makes it a trifecta
Democratic donor Ed
Buck arrested on drug charges after new overdose at his West Hollywood home
Judicial Watch: Only Crimes in Russia Scandal Are from ‘Obama
Gang’
OBAMA NEEDED THESE ILLEGALS TO FINISH OFF THE AMERICAN MIDDLE CLASS, WHAT WAS LEFT OF THEM AFTER OBAMA'S CRONY BANKSTERS' PLUNDER.
THE
MAN WHO WOULD BE DICTATOR
Barack
Obama’s Russia Connection
https://globalistbarackobama.blogspot.com/2019/06/barack-obamas-russian-connection-who.html
If
Obama was a fully recruited agent of Moscow, tasked with giving Russia a
significant military advantage over the United States, and economically
weakening and socially dividing the nation, how would he have conducted his
presidency (or his post-presidency) any differently? TREVOR LOUDON
*
///
Democrats Allow Communists to Infiltrate Their Party
Across the Nation
OPERATION
OBOMB:
DESTABILIZE AMERICA TO LAY GROUNDS FOR A MUSLIM-STYLE DICTATORSHIP
http://mexicanoccupation.blogspot.com/2017/08/seth-barron-obama-and-building-of.html
*
China and the 2020
Election
The Senate Finance Committee is probing the Obama administration’s 2015
decision to approve the sale of a U.S. company with insight into “military
applications” to the Chinese government and an investment firm run by former
Vice President Joe Biden’s youngest son, Hunter Biden.
Eight
Things to Know About the Biden Family’s Culture of Corruption
The family
of former Vice President Joe Biden has earned millions of dollars since the
start of his political career, often from dealings with heavy political
overtones.
They Destroyed Our Country
“They knew Obama was an unqualified crook; yet they
promoted him. They knew Obama was a train wreck waiting to happen; yet they
made him president, to the great injury of America and the world. They understood
he was only a figurehead, an egomaniac, and a liar; yet they made him king,
doing great harm to our republic (perhaps irreparable.)”
Corruption
blinders of the media and other Democrats
Most journalists
and Democrats didn’t express any concerns when:
- VP Biden
threatened (promised) Ukraine that he would cut off a billion dollars in
aid to them if they didn't fire the prosecutor investigating a company his
son was involved with.
- Hunter
Biden got paid $50,000 a month as a board member of a corrupt Ukrainian
gas company when he had no expertise on the product of the company.
- Obama
promised the very dangerous Russia and Putin that he would be flexible if
he was reelected (somehow no one at FBI or elsewhere was ever concerned
that Russia may have tried to influence the 2012 election to elect the
flexible president.)
- Hillary,
Obama and many others violated the nation's security laws by using her
non-government computer.
- Obama
gave kickbacks to union supporters when he violated the nation's
bankruptcy law with the bailout of GM.
- Obama
used taxpayer dollars to reward political supporters like at Solyndra.
- Hillary,
through her family and foundation, got huge amounts of speech money and
donations from foreign countries. Russia, for example, got Uranium for
their generosity. (If there is any doubt about whether they were
kickbacks, that should have disappeared when the donations dried up and
speech fees dropped or dried up when she no longer could return favors)
- Obama
shipped over $1 billion in taxpayer money in unmarked bills, to Iran
tyrants, who still pledge death to America, to get a deal.
- Obama
dictatorially stopped a years’ long investigation into a billion dollar a year
drug running ring by terrorists to appease Iranian tyrants because he was
more concerned about his legacy than the safety, health and lives of the
American people.
- Hillary
and the DNC paying over $10 billion to buy a fake dossier from a foreign
national to destroy Trump. It appears they didn't think they could beat
him based on the truth or their policy proposals.
- Obama
and his administration, including the FBI, Justice Department, the
intelligence agencies and the State Department, using the fake dossier as
a source for FISA warrants and to infiltrate the Trump campaign with
informants. (they obviously didn't believe their record or policies would
win the votes). Instead of the media and other Democrats caring about this
pure corruption they have participated in perpetuating the lies about
Russian collusion for over three years.
- The
Obama Administration, at the Justice Department, EPA and CFPB using
taxpayer money for political purposes and political supporters by creating
slush funds from money confiscated from businesses that they pretended
would go to victims.
If the media and Democrats want to investigate anything, how
about a possible corrupt payback from Netflix to Obama? Obama gave the very
wealthy Netlfix, Google and others huge financial benefits with net neutrality
and Netflix gave the Obama's a huge contract even though they had no video
production expertise or experience. It is similar to paying Biden's son huge
amounts of money with no expertise.
But now when President Trump may have said something to a
foreign leader about investigating corruption by Biden's son, that is supposed
to be an impeachable offense. Shouldn't a President want political corruption
by politicians to be investigated? Shouldn't the media and other Democrats be
more concerned about the corruption itself than the phone call?
From this story, it appears that the media and other
Democrats believe that every phone call that Trump makes to a foreign leader
should become public knowledge if any bureaucrat makes a whistle blower report
when they disagree with something the president does. That would certainly be
cumbersome, and foreign leaders would no longer want to have discussions if
every discussion could be made public.
Elizabeth Warren says she wants to get rid of corruption but
not once have I heard her complain about the massive corruption during the
Obama years or at her precious CFPB, so she really doesn't care.
Isn't it odd that no bureaucrats seemed to care about the
corruption of Obama/Biden? It shows why we need to drain the swamp.
GRIFTER AND PHONY CHARITY FOUNDATION
FRAUDSTER HILLARY CLINTON’S LONG SERVICE TO AMERICA’S MOST EVIL BANKSTERS
The judge found these
releases, together with the publication of Clinton’s secret speeches to Wall
Street banks, in which she pledged to be their representative, were “matters of
the highest public concern.” They “allowed the American electorate to look
behind the curtain of one of the two major political parties in the United
States during a presidential election.”
*
“Clinton also
failed to mention how he and Hillary cashed in after his
presidential tenure to make themselves multimillionaires, in
part by taking tens of millions in speaking fees from Wall Street
bankers.”
///
VIDEO:
THE FRAUDULENT CLINTON FOUNDATION EXPOSED.
PAY-TO-PLAY FROM THE FIRST DAY!
Is it a signal
that she's back in the game because she's selling her president-ability to the
world's global billionaire crowd and laying the groundwork for more
funds? There are all kinds of ways for foreign billionaires to get
money to the U.S. without consequences, after all. What's more, it's
pretty much the biggest base of support she has, which is at least one reason
why she lost the 2016 election.
*
“The couple
parlayed lives supposedly spent in “public service”
into admission into the upper stratosphere of American wealth, with incomes in the top 0.1 percent bracket. The source of this vast wealth was a political
machine that might well be dubbed “Clinton, Inc.” This consists essentially of
a seedy money-laundering operation to ensure big business support for the
Clintons’ political ambitions as well as their personal fortunes.
into admission into the upper stratosphere of American wealth, with incomes in the top 0.1 percent bracket. The source of this vast wealth was a political
machine that might well be dubbed “Clinton, Inc.” This consists essentially of
a seedy money-laundering operation to ensure big business support for the
Clintons’ political ambitions as well as their personal fortunes.
*
The basic components of the operation are lavishly paid
speeches to Wall Street and Fortune 500 audiences, corporate campaign
contributions, and donations to the ostensibly philanthropic Clinton
Foundation.”
*
"But what the
Clintons do is criminal because they do it wholly at the expense of the
American people. And they feel thoroughly entitled to do it: gain power, use it
to enrich themselves and their friends. They are amoral, immoral, and venal.
Hillary has no core beliefs beyond power and money. That should be clear to
every person on the planet by now." ---- Patricia McCarthy -
AMERICANTHINKER.com
///
THE DEMOCRAT PARTY’S
BILLIONAIRES’ GLOBALIST EMPIRE requires someone as ruthlessly dishonest as Hillary
Clinton or Barack Obama to be puppet dictators.
http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/09/google-rigged-it-so-illegals-would-vote.html
1.
Globalism: Google
VP Kent Walker insists that despite its repeated rejection by electorates
around the world, “globalization” is an “incredible force for good.”
2.
Hillary Clinton’s Democratic
party: An executive nearly broke down crying because of the candidate’s loss. Not
a single executive expressed anything but dismay at her defeat.
3. Immigration: Maintaining
liberal immigration in the U.S is the policy that Google’s executives discussed the
most.
Democrats as a protection
racket? Ed Buck makes it a trifecta
The New York Times has been trying to
dismiss the arrest of Ed Buck, a Democratic fatcat who had a thing
for injecting young black men with drugs before paying them for sex, as a
"small-time Democratic donor," but the facts on the ground suggest he
was a rather big one. And maybe that's a function of the paper's desire to
protect its masters, the Democrats. They aren't known as Democratic operatives with
bylines for nothing.
While Buck once identified himself as a conservative Republican,
according to the Los Angeles Times, he became a national figure when he
spearheaded the effort to impeach Arizona’s Republican Gov. Evan Mecham in the
1980s. He later made large donations to Democrats, including more than $500,000
since 2007, according to court documents filed by Moore's mother in a wrongful
death suit pertaining to her son.
At the
federal level, those include contributions to prominent Washington lawmakers as
well as 2016 Democratic presidential candidate Hillary Clinton. At the local
level, Buck has donated more than $51,000 to Los Angeles city and county
officials,
candidates, and affiliated parties dating to 2008.
In 2012, Buck
contributed $100 to the campaign for Jackie Lacey for Los Angeles County District Attorney, and four years later, gave $1,400
to Eric
Garcetti for
Mayor of Los Angeles. Both Lacey and Garcetti still hold their titles.
The highest
contribution was $13,000, according to the court papers, to former West
Hollywood Mayor John Duran when he ran for county supervisor in 2014.
That doesn't sound too small-time to me.
And in fact, his ideological
switcheroo sounds as though he found the Democrats a more suitable protection
racket for his perversions than the Republicans. Who needs political beliefs
when the real belief is perversion and that's what he needs protected?
It's actually part of the pattern
with these scandals. Pervert with big vices donates cash to Democrats to ensure
his protection from the cops. Harvey Weinstein knew it, that was what his
Planned Parenthood and other woke cause donations bought for him - a capacity
to prey on young actresses trying to win roles. Jeffrey Epstein knew it too,
donating to leftist Bill Clinton causes in order to buy enough influence to
enable him to prey on underage girls with impunity, spiriting them to his
pervert island for himself along with his highly connected Democrat
buddies. Both had added payoffs in that Weinstein then had the power to
threaten actresses and reporters who threatened to tell on him, while
Epstein had blackmail material on very powerful people which kept them on
his string.
Now we have the sorry case of Ed Buck, a
creep who enjoyed paying for sex with young black men while poisoning them
with drugs, and then relying on his political donations to ensure the cops
looked the other way. Note that quite a few of his donations were to Los
Angeles local officials, all of them Democrats. Assuming this tweet's images
are not manipulated, look at the range of Buck's Democrats:
https://abc7.com/democratic-donor-ed-buck-arrested-on-drug-charges/5547905/ … Democratic donor Ed Buck
arrested on drug charges after new overdose at his West Hollywood home! @realDonaldTrump @POTUS @SenSchumer @tedlieu @HillaryClinton @CBSThisMorning @GayleKing I see 3 dead people
killed by Ed Buck ... WTF? @FBI @LAPDWestLA
Democratic donor Ed
Buck arrested on drug charges after new overdose at his West Hollywood home
A THIRD death in this guy's house. WTF!? Ed
Buck donated money to Chuck Schumer, Ted Lieu, & Hillary Clinton... was
given a free pass / no repercussions after the first two black guys died (18
months apart) from drug fueled speed & poppers homosexual parties.. @CBSNews
Combine it with media malfeasance - the
mainstream media tried to turn down Ronan Farrow's report on Weinstein, it
tried to pin the Epstein scandal on President Trump, and now it's trying to
persuade us that Buck was just small fry, and the protection racket
seems complete.
With so many of these perverts turning up
in the Democrat donor base as well as organizations such as Planned Parenthood,
one wonders if these are the only ones out there. Is the Democratic Party held
together in no small part by freaks using politics as their 'vaccination'
from scrutiny? Are their perversions and the need to protect them at the root
of why these groups are so powerful and Democrats are so extreme and inflexible
on issues such as abortion? Might that be why they're so out of step with even
the Democratic voting public? And why are the Democrats the more hospitable
party for such a sorry scenario? Why are they the party of perverts? It actually isn't just these three, it's quite a few of
them as I noted here. A lot of such characters have turned up in a very, very
short time and the pattern is exactly the same for each. How many more are
there? What does Ted Lieu, Adam Schiff, Hillary Clinton and other Democrats
who've benefited from Buck's bucks have to say about this? And why aren't
all of the Democrats confronting this?
SENATOR DIANNE FEINSTEIN: I got rich, really, rich, selling out
my country as my husband/pimp paid out bribes to other DEM POLS so they would
keep their mouths closed about our corruption!
*
IN THE November 2006 election, the voters demanded congressional
ethics reform. And so, the newly appointed chairman of the Senate Rules
Committee, Dianne Feinstein, D-Calif., is now duly in charge of regulating the
ethical behavior of her colleagues. But for many years, Feinstein has been
beset by her own ethical conflict of interest, say congressional ethics
experts.
*
“All
in all, it was an incredible victory for the Chinese government. Feinstein has
done more for Red China than other any serving U.S. politician. “ Trevor Loudon
*
“Our entire crony capitalist system, Democrat and
Republican alike, has become a kleptocracy approaching par with
third-world hell-holes. This is the way a great country is raided by
its elite.” ---- Karen McQuillan AMERICAN THINKER.com
Judicial Watch: Only Crimes in Russia Scandal Are from ‘Obama
Gang’
Katie Pavlich's Latest Books, Fast and Furious: Barack Obama's
Bloodiest Scandal and the Shameless Cover-Up are available on Amazon
FOR EIGHT YEARS BARACK OBAMA AND ERIC HOLDER SABOTAGED HOMELAND
SECURITY TO EASE MORE MEXICANS OVER OUR BORDERS AND INTO OUR JOBS AND VOTING
BOOTHS.
OBAMA NEEDED THESE ILLEGALS TO FINISH OFF THE AMERICAN MIDDLE CLASS, WHAT WAS LEFT OF THEM AFTER OBAMA'S CRONY BANKSTERS' PLUNDER.
“The watchdogs at Judicial Watch discovered
documents that reveal how the Obama administration's close coordination with
the Mexican government entices Mexicans to hop over the fence and on to the
American dole.” Washington Times
THE
MAN WHO WOULD BE DICTATOR
Barack
Obama’s Russia Connection
https://globalistbarackobama.blogspot.com/2019/06/barack-obamas-russian-connection-who.html
If
Obama was a fully recruited agent of Moscow, tasked with giving Russia a
significant military advantage over the United States, and economically
weakening and socially dividing the nation, how would he have conducted his
presidency (or his post-presidency) any differently? TREVOR LOUDON
*
We are all victims of the Obama cabal’s collusion with Russia –
President Trump’s voters and all Americans who believe in our free and fair
election process.
///
Democrats Allow Communists to Infiltrate Their Party
Across the Nation
“Obama’s new home in Washington has been described
as the “nerve center” of the anti-Trump opposition. Former attorney
general Eric Holder has said that Obama is “ready to roll” and has
aligned himself with the “resistance.” Former high-level Obama campaign
staffers now work with a variety of groups organizing direct action
against Trump’s initiatives. “Resistance School,” for
example, features lectures by former campaign executive
Sara El-Amine, author of the Obama Organizing.”
*
“Professor Paul Kengor has extensively researched the
Chicago communists whose progeny include David Axelrod, Valerie Jarrett, and
Barack Hussein Obama. Add the openly Marxist, pro-communist Ayers, and
you have many of the key players who put Obama into power.”
*
We
are all victims of the Obama cabal’s collusion with Russia – President Trump’s
voters and all Americans who believe in our free and fair election process.
OPERATION
OBOMB:
DESTABILIZE AMERICA TO LAY GROUNDS FOR A MUSLIM-STYLE DICTATORSHIP
http://mexicanoccupation.blogspot.com/2017/08/seth-barron-obama-and-building-of.html
*
“Obama’s new home in Washington has
been described as the “nerve center” of the anti-Trump opposition.
Former attorney general Eric Holder has said that Obama is “ready to roll”
and has aligned himself with the “resistance.” Former
high-level Obama campaign staffers now work with a variety of groups
organizing direct action against Trump’s initiatives. “Resistance School,”
for example, features lectures by former campaign executive
Sara El-Amine, author of the Obama Organizing.”
BARACK OBAMA:
Was he America’s first closet Communist president?
Obama choose Communists and Marxists for the highest,
most powerful positions in our land, including his closest political advisors,
and his head of the CIA. These facts are not in dispute. Most are
openly admitted by the people in question, as necessary damage control.
Our press chooses not to report them.
*
Professor Paul
Kengor has extensively researched the Chicago communists whose progeny include
David Axelrod, Valerie Jarrett, and Barack Hussein Obama. Add the openly
Marxist, pro-communist Ayers, and you have many of the key players who put
Obama into power.
WAS THE RUSSIAN
HOAX ONLY OBAMA’S ATTEMPT TO PUT ASIDE TRUMP FOR AN OBAMA THIRD TERM FOR
LIFE???
*
*
They Destroyed Our Country
“They knew Obama was an unqualified crook; yet they
promoted him. They knew Obama was a train wreck waiting to happen; yet they
made him president, to the great injury of America and the world. They
understood he was only a figurehead, an egomaniac, and a liar; yet they made
him king, doing great harm to our republic (perhaps irreparable.)”
*
These people were engaged in a massive political conspiracy. The
Democrats made a decision from the outset—beginning with the election campaign
of the favored candidate of Wall Street and the CIA, Hillary Clinton—that they
would not oppose Trump on his anti-working-class social policy or his
authoritarian hostility to democratic rights and promotion of anti-immigrant
racism, but on issues of imperialist foreign policy.
*
“Obama’s
new home in Washington has been described as the “nerve center” of the
anti-Trump opposition. Former attorney general Eric Holder has said
that Obama is “ready to roll” and has aligned himself with the
“resistance.” Former high-level Obama campaign staffers now work with a
variety of groups organizing direct action against
Trump’s initiatives. “Resistance School,” for example, features
lectures by former campaign executive Sara El-Amine, author of the Obama Organizing.”
Barack Obama’s plot for a third term for life
A Muslim dictatorship like his crony paymasters, the 9-11
invading Saudis who have financed him for decades.
“Obama has the totalitarian impulse.
After all, he went around saying he didn't have Constitutional authority to
legalize the illegals, and then he tried anyway. The courts stopped him.”
*
What was Obama’s motive? Simple, he knew if he did that
for Hillary, he’d own the next President of the United States, and could
blackmail her with the truth till the end of time. It literally would have
given him a 3rd and 4th term.
THE OBAMA – CLINTON RUSSIAN CONNECTION
*
WITH THESE
TRAITORS, JUST FOLLOW THE MONEY!
*
How President Barack Obama and Secretary of State Hillary Clinton aided
Russia’s quest for global nuclear dominance.
China and the 2020
Election
On April 25, 2019, Joe Biden declared his
candidacy for the Democratic presidential nomination. Seven days later, on May
3, 2019, the Chinese sent a diplomatic cable to the Trump Administration blowing up a 150-page draft agreement that had taken many months to
negotiate. The cable was riddled with reversals by China that undermined
core U.S. demands. In each of the seven chapters of the trade deal, China
had deleted its commitments to change laws to resolve core complaints that
caused the United States to launch a trade war: theft of intellectual property
and trade secrets; forced technology transfers; competition policy; access to
financial services; and currency manipulation.
A coincidence or a premeditated scenario?
Joe Biden, in his days in the Senate, was
very partial to China, as he voted against revoking China’s most-favored nation
status and in 2007 opposed the idea of applying any tariffs on China despite
their obvious unfair trade practices. However, it was as Vice President
that he became wholly enamored with the country and its leadership.
For example, while in China, Biden, in
August of 2011, defended and approvedof China’s one-child policy which brutally
used forced abortions to implement the law. In the same year Biden was
given the assignment, by Barack Obama, to be the point man on China due his close personal relationship with Xi Jinping,
then Vice-President and heir apparent to the Presidency. (Xi Jinping is
currently President and General Secretary of the Chinese Communist Party, the
most powerful figure in China’s political system).
Due solely to Joe Biden’s influence, in
2011, less than a year after starting Rosemont Seneca Partners, essentially a
three-man investment firm with Chris Heinz (stepson of John Kerry), Biden’s son
Hunter, who had no previous experience in private equity, was in China to
explore business opportunities with Chinese state-owned enterprises.
These meetings occurred just hours before Joe Biden met with the Chinese president
in Washington. Later in the same year, Hunter had a second meeting with
many of the same Chinese financial powerhouses -- just two weeks after his
father, the Vice President, conducted U.S.-China strategic talks in Washington with Chinese
officials.
Joe Biden and Xi Jinping dine at the State Department, Valentine's
Day, 2012
Meanwhile Joe Biden never missed an
opportunity to downplay China’s threat to the United States. In May of 2013, during a commencement
speech he assured those concerned the Chinese were “going to eat our lunch”
that they had nothing to be alarmed about as China had immense problems and
an inability to think differently. In May of 2014 Biden described
China as a nation incapable of producing innovative products and ideas. (Two weeks
after declaring his 2020 candidacy Biden, in Iowa, said, “China is going to eat our lunch? Come on, man…they can’t even
figure out how to deal with the corruption that exists within the system.
I mean, you know, they’re not bad folks, folks. But guess what, they’re
not competition for us.” After a massive backlash, he walked back
some of those comments a few days later by saying “I don’t suggest China is not
a problem.”
In December 2013, Biden flew to Beijing on
Air Force Two with his son Hunter on an official trip ostensibly to discuss
tensions over disputed territories in the East China Sea. Joe and Hunter
were ushered into a red-carpet meeting with a delegation of various Chinese
officials. Hunter remained with the delegation while his father met with
President Xi Jinping. During these meetings Joe Biden struck an extremely
conciliatory and friendly tone with the Chinese leadership -- much to the
dismay of America’s allies in the region.
Ten day later, Hunter’s company, Rosemont
Seneca, signed an exclusive $1 Billion (later expanded to $1.5 Billion) deal
with the state-owned Bank of China, creating an investment fund called Bohai
Harvest, with money guaranteed by the Chinese Government. As Peter
Schweizer, who was the first to unveil these conflicts of interest, wrote in
his book Secret Empires “the Chinese Government was
literally funding a business that it co-owned along with the sons of two of
America’s most powerful decision makers” Rarely has there been a more
stark illustration of being “compromised by a foreign power.”
And in 2014, another arm of Hunter’s
budding business empire, Rosemont Realty, began negotiating multi-billion
dollar deals with Gemini Investments, a Chinese firm with ties to the China
Ocean Shipping Company Ltd. which reportedly operates as an extension of the
Chinese military and who eventually acquired 75% of Rosemont Realty in order to purchase
commercial real estate in the United States.
Anyone who has dealt with the Chinese
Government or the myriad of entities controlled by the government can attest:
any foreign business transaction with China always has a requisite or implied
quid pro quo that oftentimes does not involve monetary considerations.
Once entangled in this web it is nearly impossible to escape. It would be
naïve to believe that the Biden family, particularly Joe, are not embroiled in
this labyrinth of expectations and demands.
In the years and months before he decided
to throw his hat in the ring, it had to be obvious to Joe Biden and in
particular those close to him that his mental acuity is rapidly failing, not to
mention that his and Hunter’s questionable business activities in China and the
Ukraine would be exposed on a grand scale. Why then would he willingly
take on a grueling 18-month marathon of running for president? As the
timing of Biden’s announcement and Chinese abrupt volte face on
the trade agreement implies, one must, therefore, assume he was coerced into
declaring his candidacy as a pawn in the chess game the Chinese are playing in
order to defeat Donald Trump in 2020.
If Xi Jinping coerced his old friend Joe
Biden into running, then he placed his prestige and fate on the line that China
would be able to hold out in the ongoing trade war and achieve a favorable
outcome in any negotiations with Biden at the helm. While Xi Jinping is
powerful, he still is one of seven members of a standing committee of the
Politburo (25 members) that can oust him. At this point Xi Jinping
cannot be perceived as losing face by caving to Donald Trump and reinstituting
the agreement made in the spring of 2019.
Therefore, while the threat of further
escalation in the trade war will recede there is little chance of anything
substantive happening as intransigence will be the rule the day between now and
November 2020. However, China’s growing internal problems and failing
economy will dramatically escalate, which could force the Politburo to either
remove Xi Jinping, or accept, with clinched teeth and a renewed determination
to defeat Donald Trump, the basic terms of the May 2019 trade agreement.
Joe Biden’s everyday performance on the
campaign trail reinforces the reality that he will not be the Democratic Party presidential
nominee. Thus, whoever is nominated by the Democratic Party will, by
default, be backed by the Chinese -- who will do whatever is legal, illegal or
unethical to defeat Donald Trump. The actions the Russians were falsely
accused of in the 2016 election will be child’s play by comparison.
It appears that the Chinese may have made
a major blunder in April and May of 2019. A blunder with potential major
ramifications for China and, if Donald Trump is defeated in 2020, the United
States.
Senate Finance
Committee Probes Biden-Linked, Chinese Military-Boosting Tech Sale
Tom
Brenner/Getty Images
15 Aug 20192,058
3:44
The Senate Finance Committee is probing the Obama administration’s 2015
decision to approve the sale of a U.S. company with insight into “military
applications” to the Chinese government and an investment firm run by former
Vice President Joe Biden’s youngest son, Hunter Biden.
Sen.
Chuck Grassley (R-IA), the committee’s chairman, sent a
letter to the Treasury Secretary Steve Mnuchin on Thursday requesting
documents relating to the sale of Henniges, a Michigan-based automotive
company, to Aviation Industry Corporation of China (AVIC) and Bohai Harvest RST
(BHR). The latter was formed in
2013 by a merger between a subsidiary of the Bank of China and Rosemont Seneca,
a firm started by Hunter Biden and Chris Heinz, the stepson of former Secretary
of State John Kerry.
Since
AVIC was a subsidiary of the Chinese government and Henniges, the producer of
“dual-use” anti-vibration technology with military application, the deal
required approval from the Obama administration’s Committee on Foreign
Investment in the United States (CFIUS). The panel — made up of representatives
from 16 different federal bodies, including the departments of State, Treasury,
and Defense — is required to
review any transaction that could lead to a foreign person gaining control of
an American business.
In
question is whether CIFUS was influenced by Obama administration officials, most
notedly Joe Biden and John Kerry, who had an interest in seeing the deal move
forward.
“The
direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of
Henniges by the Chinese government creates a potential conflict of interest,”
Grassley wrote.
The
senator noted in his letter that AVIC’s bid for Henniges should have
immediately set off alarm bells in the Obama White House. In 2007, AVIC
“reportedly involved in stealing sensitive data regarding the Joint Strike
Fighter program,” which it later “reportedly incorporated … into China’s J-20
and J‑31 aircraft.”
Even
more troubling, however, is that bid was facilitated at the same
time China was staking out a
more adversarial role in global affairs. At the time, Beijing was suspected of
undermining U.S. cybersecurity by underwriting hackers stealing governmental
data. There was also simmering tension over disputes in the South China
Sea.
Despite
the threat to national security, the $600 million deal was approved by CIFUS,
with AVIC purchasing 51 percent of the company and BHR taking ownership of the
other 49 percent. Upon purchase, an industry newsletter stated the
deal was the “biggest Chinese investment into US automotive manufacturing
assets to date.”
In
his letter to Mnuchin, Grassley compared the deal to the Uranium One scandal,
which arose when former Secretary of State Hillary Clinton approved the sale of
a Canadian mining company to Rosatom, the state-owned Russian nuclear energy
conglomerate. It later emerged that
both investors in the company and Russian energy officials had donated heavily
to the Clinton Foundation.
“As
with the Uranium One transaction, there is cause for concern that potential
conflicts of interest could have influenced CFIUS’ approval of the Henniges
transaction,” Grassley wrote. “Accordingly, Congress and the public
must fully understand the decision-making process that led to the Henniges
approval and the extent to which CFIUS fully considered the transaction’s
national security risks.”
This
is not the first time that Hunter Biden’s ties to China have caused grief for
his father’s political career. As Peter Schweizer, a senior contributor at
Breitbart News, revealed in his bestselling book Secret
Empires: How the American Political Class Hides Corruption and Enriches Family
and Friends, Hunter Biden signed the $1.5 billion deal
creating BHR in 2013 only ten days after visiting China aboard Air Force Two
with his father.
Eight
Things to Know About the Biden Family’s Culture of Corruption
14 Aug 2019386
10:50
The family
of former Vice President Joe Biden has earned millions of dollars since the
start of his political career, often from dealings with heavy political
overtones.
Biden, the frontrunner among 2020
Democrats, often touts his middle-class bonafides on the campaign trail.
Although Biden did not become a multi-millionaire until he left the White House in 2017, the same cannot be
said of his family. In fact, several members of the Biden clan became immensely
wealthy over the span of the former vice president’s 40-year political career.
Breitbart News is providing an in-depth breakdown of a few
instances in which Joe Biden’s political career and his family’s financial
interests seemed to intersect.
1. Joe Biden’s younger brother,
James Biden, secured generous bank loans.
In the wake of Joe Biden’s upset election to the U.S. Senate in
1972, his younger brother James was able to secure a series of generous bank
loans to start a Delaware night club.
Although James Biden had no business experience and a net worth
of less than $10,000 at the time, he was able to arrange more than $160,000 in
start-up capital for the venture. When the nightclub proved to be unsuccessful,
generating more than $500,000 of debt by 1975, James Biden and his business
partners were thrown a life-line by a Pennsylvania bank that loaned him a
further $300,000.
During the same time period James Biden was receiving the
extensive lines of credit, Joe Biden was sitting on the Senate Banking
Committee, which had purview over the financial sector. A specific jurisdiction
of the committee was the Federal Deposit Insurance Corporation (FDIC), which
provides bailouts to banks if they should become over-leveraged.
2. Joe Biden’s top campaign
contributor hired his youngest son Hunter right out of law school.
Shortly after Joe Biden was
reelected to the U.S. Senate in 1996, his largest campaign contributor, the
credit card issuer MBNA Corp., hired his son for an undisclosed role. The job
raised eyebrows from good government groups because MBNA employees had just
donated $63,000 to Joe Biden’s reelection campaign in what appeared to be
a coordinatedmanner to sidestep federal campaign finance regulations.
Clouding the picture even further was that, at the
time, Hunter Biden was a 26-year-old recent graduate of Yale Law
School with no prior banking or business experience. Both father and son
defended the job offer, claiming nothing improper had or would result because
of the arrangement.
“Unfortunately, no matter where I
went to work, some people would make an issue of it,” the younger Biden told the
Delaware News Journal in November 1996 when the job was
announced.
Despite his role being unknown at the time of his hiring, when
Hunter Biden left the company in 1998 to join the Clinton-era Commerce
Department it was as a senior vice president.
Throughout the 1990s and early 2000s, Joe Biden was championing
bankruptcy reform legislation endorsed by financial interests and credit card
companies like MBNA.
3. An MBNA executive purchased
Biden’s house for the full asking price in a deal that appeared facilitated by
the company.
A senior MBNA executive purchased
Biden’s 10,000 square foot colonial mansion in the Wilmington, Delaware,
suburbs for the asking price of $1.2 million in February 1996. The sale garnered
notice because larger and newer homes in the vicinity sold for less. The issue
became a minor campaign problem for Biden’s reelection but was quickly
dismissed when the senator provided local media appraisal forms showing his
home was worth the value for what it was sold.
Byron York, however, investigated the matter in an exposé for the American Spectator and
found that properties appraised around the same value in the vicinity had “sold
for a good deal less” than at what they were valued on paper.
“In comparison, it appears [the MBNA executive] simply paid
Biden’s full asking price,” York wrote. “And, according to people familiar with
the situation, the house needed quite a bit of work; contractors and their
trucks descended on the house for months after the purchase.”
As York also noted, it appeared that MBNA may have played a role
in facilitating the purchase. Documents filed with the Securities and Exchange
Commission show that “in 1996 MBNA reimbursed [the executive] $330,115 for
expenses arising from the move.” Of that total, $210,000 “was to make up for a
loss [the executive] suffered on the sale of his Maryland home.”
4. Hunter Biden remained on
MBNA’s payroll while Joe Biden was writing bankruptcy reform legislation.
Throughout the early 2000s, Hunter
Biden remained on MBNA’s payroll as a consultant while his father was writing
and pushing the Bankruptcy Abuse Prevention and Consumer Protection Act of
2005. The arrangement, which did not become public until
after the law was passed, started in 2001 after Hunter Biden had left his
position in the Commerce Dept. MBNA was paid monthly consulting fees, with some
claiming they ranged upwards of $100,000, to advise the company on online
banking issues.
The 2005 bankruptcy
tightened regulations to make it extremely more difficult to declare
bankruptcy. It was heavily favored by MBNA and other giants in the banking and
finance sectors. Many consumer protection advocates, including Sen. Elizabeth
Warren (D-MA), have claimed the bill benefited special interests at the
expense of consumers. Some have even suggested the law only served to
hasten and aggravate the recession of the late 2000s.
As previously reported by the New
York Times, Biden worked against many of his own fellow Democrats
in Congress to ensure the final version of the bill was free of provisions
opposed by companies like MBNA.
Biden “was one of five Democrats in
March 2005 who voted against a proposal to require credit card companies to
provide more effective warnings to consumers about the consequences of paying
only the minimum amount due each month,” the Times noted.
5. Joe Biden paid his family
members with campaign cash.
During his failed 2008 presidential
campaign, Joe Biden paid more than $2 million to his family members and their business. According to
the Washington Times, the
money went to a company that was a long-time employer of Biden’s sister,
Valerie Biden Owens. Biden also directed funds to a law firm started by his old
campaign treasurer, which at the time also employed his youngest son Hunter.
6. James and Hunter Biden
sought to monetize off Joe Biden’s political standing.
In 2006, close to when Joe Biden assumed the chairmanship of the
Senate Foreign Relations Committee and launched his second presidential
campaign, James and Hunter Biden purchased a hedge fund called Paradigm Global
Advisors. Although neither man had a strong background in finance, James and
Hunter Biden reportedly believed they could leverage Joe Biden’s political
connections to their benefits.
“Don’t worry about investors,” James
Biden purportedly told Paradigm’s senior leadership upon taking over the fund,
as reported by Politico.
“We’ve got people all around the world who want to invest in Joe Biden.”
Paradigm’s executives claim that James and Hunter Biden saw the
hedge fund as a way to “take money from rich foreigners who could not legally
give money” to Joe Biden’s campaign account.
“We’ve got investors lined up in a line of 747s filled with cash
ready to invest in this company,” James Biden allegedly told Paradigm’s staff.
Hunter and James also tried to solicit labor unions to invest
their pension funds in Paradigm by relying on Joe Biden’s long record of
advocating in favor of collective bargaining.
The efforts proved to unsuccessful, though, with James and
Hunter Biden choosing to strip and sell the company off by 2010 after a number
of bad decisions, including partnering with a Ponzi scheme.
7. James Biden’s received a
$1.5 billion contract to build houses in Iraq while Joe Biden was overseeing
the region.
After his foray into the world of
high finance ended disastrously, James Biden joinedHillstone
International LLC as a vice president in 2010. The company, a subsidiary of
Hill International, at the time, was pursuing technology and construction
projects around the globe.
Although the company had been losing money for some time, James
Biden’s arrival resulted in something of a reversal in fortune. Within six
months of James Biden joining the firm, Hillstone was the recipient of $1.5
billion dollar contract to build 100,000 houses in war-torn Iraq. The deal,
which was never finalized because outside funding failed to materialize,
quickly caught attention as Joe Biden was overseeing the Obama administration’s
policy in the region.
Both the Obama White House and Hillstone denied Joe Biden had
anything to do with the deal, pointing to the fact the contract was awarded
through a South Korean group working to build homes in Iraq. Despite the
denials, Irvin Richter, the founder of Hill International, did admit James
Biden may have had something to do with the deal.
“Listen, his name helps him get in
the door, but it doesn’t help him get business,” Richter told Fox Business in 2012 when
discussing James Biden. “People who have important names tend to get in the
door easier but it doesn’t mean success. If he had the name Obama he would get
in the door easier.”
Complicating matters was the fact
James Biden was likely to get rich if the deal went through. Fox Business reported that a group
of minority partners, which included James Biden, owned 49 percent of
Hillstone. The other 51 percent was owned by the company’s parent group, Hill
International. Given Hillstone’s profit breakdown structure, James Biden and
the other minority partners would have been eligible to split more than $735
million after the deal was completed
8. Hunter Biden’s firm scored a
$1.5 billion deal with the Bank of China only days after Joe Biden and his
youngest son visited the country.
Peter Schweizer, a senior
contributor at Breitbart News, revealed in his bestselling book Secret Empires: How the
American Political Class Hides Corruption and Enriches Family and Friends that Hunter Biden’s firm signed a multi-billion dollar
with a subsidiary of the state-owned Bank of China only ten days after he
visited the country with his father aboard Air Force Two.
In a SiriusXM Breitbart News Tonight radio interview from last
year, Schweizer explained how the Biden-China deal unfolded:
“In December of 2013, Vice President Joe Biden flies to Asia for
a trip, and the centerpiece for that trip is a visit to Beijing, China,” said
Schweizer. “To put this into context, in 2013, the Chinese have just exerted
air rights over the South Pacific, the South China Sea. They basically have
said, ‘If you want to fly in this area, you have to get Chinese approval. We
are claiming sovereignty over this territory.’ Highly controversial in Japan,
in the Philippines, and in other countries. Joe Biden is supposed to be going there
to confront the Chinese. Well, he gets widely criticized on that trip for going
soft on China. So basically, no challenging them, and Japan and other countries
are quite upset about this.”
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