Schweizer: Warren, Klobuchar Have ‘Cashed in’ from Corruption
2:10
Author Peter Schweizer on Tuesday’s “Fox & Friends” discussed his new book, Profiles in Corruption: Abuse of Power by America’s Progressive Elite, which offers a look into some of the shady dealings of the United States’ political leaders.
After detailing the corruption seen among former Vice President Joe Biden and his family, Schweizer described how his fellow 2020 Democratic presidential candidates Sens. Elizabeth Warren (D-MA) and Amy Klobuchar (D-MN) had “cashed in” from corruption.
Schweizer said there is a “three-layer cake of corruption” with Warren.
“[Warren] was actually a government consultant paid by the U.S. Congress in the 1990s to rewrite our bankruptcy laws,” Schweizer outlined. “OK, that’s all fine and good, but she did the typical Washington crony move: She cashed in. After she rewrote those laws, what did she do? She went to the corporations who would benefit from the law and said, ‘Hire me, and I will help you interpret the law that I myself wrote.’ And she made millions of dollars doing that.”
He continued, “She’s also got a daughter who set up a business. She was setting up that business while Elizabeth Warren was head of the TARP Oversight Committee, and what ends up happening is the daughter gets her business financed and gets advisors from the very investment banks that Elizabeth Warren’s TARP Committee was bailing out.”
Schweizer said Klobuchar has “mastered the art of shaking down contributors and then pushing their legislation.”
He stated, “[Klobuchar] was a prosecutor before she was a U.S. Senator — very selective, did not go after people that were donors of hers, who were clearly engaged in corruption. And as a U.S. Senator, she has mastered the art of shaking down contributors and then pushing their legislation. There are instances where dozens of executives from a corporation over a three-day period will give her the donation, and then literally a few days later, she introduces legislation on their behalf.”
Follow Trent Baker on Twitter @MagnifiTrent
Hunter
Biden’s Firms Scored Reportedly Hundreds of Millions from Russians, Chinese,
and Kazakhs
Hunter
Biden’s Firms Scored Reportedly Hundreds of Millions from Russians, Chinese,
and Kazakhs
5:51
Hunter Biden, son of 2020 presidential candidate Joe
Biden, has come under scrutiny for his business links to Ukrainian natural gas
firm Burisma while his father was vice president.
Now, a new book by author Peter
Schweizer reveals Hunter Biden forged other business deals with individuals and
entities tied with the governments of Russia, China, and Kazakhstan, that
reportedly scored him hundreds of millions of dollars.
The book, titled Profiles in Corruption: Abuse of Power by America’s
Progressive Elite., lays out how Hunter Biden and his business
partners, in addition to his numerous Rosemont-branded entities and ventures,
was deeply involved with an entity called the Burnham Financial Group.
Hunter and his business
partner, Devon Archer, used Burnham to make foreign deals with governments
and oligarchs, according to a copy of the book viewed by Breitbart News.
One of those oligarchs included
Nurlan Abduov, the associate of another Kazakh oligarch, Kenges Rakishev.
Rakishev is the son-in-law of the former vice prime minister of Kazakhstan,
Imangali Tasmagambetov. Tasmagamvetov was also formerly the defense minister,
and is now the Kazakh ambassador to Russia.
According to the book, an
account Hunter regularly received funds from showed money arriving from a firm
run by Rakishev in 2014:
A Morgan Stanley investment account
from which Hunter regularly received funds shows money arriving from mysterious
sources around the world. There is a $142,300 deposit in April 2014 from Kazakh oligarch–controlled Novatus Holdings. Kenges
Rakishev, whose father-in-law is the former vice prime minister of Kazakhstan and a close ally of Kazakh dictator Nursultan
Nazarbayev, runs the offshore firm.
sources around the world. There is a $142,300 deposit in April 2014 from Kazakh oligarch–controlled Novatus Holdings. Kenges
Rakishev, whose father-in-law is the former vice prime minister of Kazakhstan and a close ally of Kazakh dictator Nursultan
Nazarbayev, runs the offshore firm.
While Burnham received funds
from Kazakh oligarchs, Archer acted as a backchannel between Kazakhstan to
then-Secretary of State John Kerry, according to the book. (Kerry’s stepson
Chris Heinz was a business partner with Biden and Archer in some of their
ventures).
In a July 11, 2013, email,
Kerry’s chief of staff David Wade wrote to Archer:
Devon: understand you spoke to
the Secretary re having him call [Kazakh] Foreign Minister Idrisov today, can
you let me know topics Idrisov wants to talk about/any requests he’ll have of
the boss, so we can get paper prepared for a call. Hopefully, the situation on
the home front will leave him time to do it.
Burnham also had business deals
with two mysterious Chinese companies — Kirin Global Enterprses Limited
and Harvest Global Investors, according to the book.
Kirin Global Enterprise Limited
was an investment vehicle run by Xiangyao (or Yaojun) “Larry” Liu and Guo
Jianfeng, according to Schweizer. “Very little is known about Kirin or its two
principals, other than the fact that they invest heavily in mainland Chinese
real estate,” he writes. Harvest Global Investors was a Chinese investment firm
linked to the government in Beijing.
Burnham also had a financial
relationship with Russian Oligarch Yelena Baturina, a billionaire with
extensive political connections in Moscow and links to Russian organized crime,
according to Schweizer. Archer said Baturina invested $200 million into
“various investment funds” with which he was involved.
Burnham also got wrapped up in
a $60 million fraudulent bond scheme to rip off union pension funds and the
poorest Indian tribe in America, the Oglala Sioux, Schweizer writes.
In May 2016, Archer was
arrested in New York and charged with “orchestrating a scheme to defraud
investors and a Native American tribal entity of tens of millions of dollars.”
Some of the targeted were
government employee or labor union organizations that had supported Joe Biden
in the past. Biden has long described himself as a “union man.”
Although Hunter Biden was not
charged, Schweizer writes, “his fingerprints were all over Burnham.” The
legitimacy that his name and political status as the vice president’s son lent
to Burnham was brought up repeatedly during the trial, he writes.
That status was used as a means
of both recruiting pension money into the scheme and alleviating investors’
concerns, he writes. In an August 2014 email, Jason Galanis, who was
convicted in the bond scheme, agreed that Burnham had “value beyond capital” because
of their political connections.
Hunter Biden had an office at
Burnham’s New York City offices on Fifty-Seventh Street, and during the trial,
numerous witnesses came forward describing Hunter’s involvement with the firm,
according to the book.
Schweizer writes these deals
have long been a pattern with the Biden family, to include Hunter Biden:
With the election of his father
as vice president, Hunter Biden launched businesses fused to his father’s power
that led him to lucrative deals with a rogue’s gallery of governments and
oligarchs around the world. Sometimes he would hitch a prominent ride with his
father aboard Air Force Two to visit a country where he was courting business.
Other times, the deals would be done more discreetly. Always they involved
foreign entities that appeared to be seeking something from his father. Often,
the countries in question, including Ukraine, Russia, and Kazakhstan, had
highly corrupt political cultures.
In short, Hunter Biden was not
cutting business deals in Japan or Great Britain, where disclosure rules and
corporate governance might require greater scrutiny. These were deals in the
truly dark corners of the world.
No comments:
Post a Comment