Posted on 10/22/2020 3:23:18 PM PDT by Mount Athos
A 2017 email from a top official with a Chinese energy firm, provided by a whistleblower to U.S. Senate investigators, demonstrates the terms of an agreement included officials with the firm giving a $5 million non-secured, forgivable loan to the Biden “family.”
“In a way, this would give CEFC greater leverage over the Biden family than simply giving them a gift or bribe because if they were dissatisfied with what the Bidens were doing they could ask for their money back,” Schweizer told Breitbart News when asked about the arrangement upon the public release of Bobulinski’s emails.
The email also says that $5 million loan is “interest free”
(Excerpt) Read more at breitbart.com ...
Wallass and Leslie-fromLynn-Stahl
BOTH say this did not happen,
and also not the sedition and SPYING.
why do their companies have a license
to use the airwaves to knowingly LIE???
I wonder how they got such a great interest rate....
Even if the “loan” were paid back, the IRS imputes sub-market interest rates as income.
So this is yet a different source than the Biden associate that flipped, as he was Bevan Cooney.
I keep wondering the same thing.
Correct.
An “interest-free loan” is a *gift*.
So corrupt!
This is after Biden left office, but obviously based on whatever he had done for them before. The Chinese do not call up a random ex-official and offer him 5 mil just on a whim. He had produced before and they knew he’d do it again.
What is a “forgivable” loan? I am missing something.
I know bribe.
Energy firm, eh? Barry subsidized solar $39 billion a year. Where did solar panels come from?
“I’ll take kickbacks for $5 million, Alex!”
Missing in Action: Stimulus Sheriff Joe Biden
By Michelle Malkin - October 10, 2012
Copyright 2012, Creators Syndicate Inc.
Remember when President Obama bragged about Joe Biden's fiscal discipline creds in 2009? "To you, he's Mr. Vice President, but around the White House, we call him the Sheriff," Obama warned government employees. "Because if you're misusing taxpayer money, you'll have to answer to him." Fast-forward to 2012. Call in the search teams. Since being appointed the nation's stimulus spending cop, Sheriff Joe has taken a permanent donut break. He's AWOL on oversight. In fact, he's been bubble-wrapped, boxed and kept completely out of sight. The garrulous gaffe machine hasn't sat down for a national media interview in five months.
The Democrats' trillion-dollar "American Recovery and Reinvestment Act," however, keeps piling up waste, failure, fraud and debt. Who benefited most? Big government cronies. According to Investor's Business Daily this week, a new analysis by Ohio State University economics professor Bill Dupor reported that "(m)ore than three-quarters of the jobs created or saved by President Obama's economic stimulus in the first year were in government."
Dupor and another colleague had earlier concluded that the porkulus was a predictable jobs-killer that crowded out non-government jobs with make-work public jobs and programs. Indeed, the massive wealth redistribution scheme "destroyed/forestalled roughly one million private sector jobs" by siphoning tax dollars "to offset state revenue shortfalls and Medicaid increases rather than boost private sector employment."
Will this Keynesian wreckage come up during Thursday night's vice presidential debate? It should be a centerpiece of domestic policy discussion. Nowhere is the gulf between Obama/Biden rhetoric and reality on jobs wider. Remember: Obama's Ivy League eggheads behind the stimulus promised that "(m)ore than 90 percent of the jobs created are likely to be in the private sector." These are the same feckless economic advisers who infamously vowed that the stimulus would keep unemployment below 8 percent -- and that unemployment would drop below 6 percent sometime this year. Sheriff Joe rebuked the "naysayers" who decried the behemoth stimulus program's waste, fraud and abuse. "You know what? They were wrong," he crowed.
But Biden was radio silent about the nearly 4,000 stimulus recipients who received $24 billion in Recovery Act funds -- while owing more than $750 million in unpaid corporate, payroll and other taxes. (Cash for Tax Cheats, anyone?)
He had nothing to say about the $6 billion in stimulus energy credits for homeowners that went to nearly a third of credit-claimers who had no record of homeownership, including minors and prisoners.
And the $530 million dumped into the profligate Detroit public schools for laptops and other computer equipment that have had little, if any, measurable academic benefits. And the whopping $6.7 million cost per job under the $50 billion stimulus-funded green energy loan program -- which funded politically connected but now bankrupt solar firms Solyndra ($535 million), Abound Solar ($400 million), Beacon Power ($43 million), A123 ($250 million) and Ener1 ($119 million).
And the $1 million in stimulus cash that went to Big Bird and Sesame Street "to promote healthy eating," which created a theoretical "1.47" jobs. (As Sean Higgins of The Examiner noted, "(T)hat comes out to about $726,000 per job created.")
And the hundreds of millions in stimulus money steered to General Services Administrations junkets in Las Vegas and Hawaii, ghost congressional districts, dead people, infrastructure to nowhere and ubiquitous stimulus propaganda road signs stamped with the shovel-ready logo.
Of course, there's no example of unfettered stimulus squandering more fitting than the one named after Keystone Fiscal Kop Joe Biden himself. Government-funded Amtrak's Wilmington, Del., station raked in $20 million in "recovery" money after heavy personal lobbying by the state's most prominent customer and cheerleader. In return, the station (which came in $6 million over budget, according to The Washington Times) renamed its facility after Biden. Bloated costs. Crony political narcissism. Glaring conflicts of interest. Monumental waste. This is the Obama/Biden stimulus legacy bequeathed to our children and their grandchildren. Sheriff Joe and his plundering boss need to be run out of town on a rail.
================================================
http://dyn.realclearpolitics.com/topic/v/Vice_President_/
......the whopping $6.7M per job in the $50B stimulus-funded "green energy" program --
which funded politically-connected but now bankrupt "solar firms".......
<><>Solyndra ($535 million),
<><> Abound Solar ($400 million),
<><> Beacon Power ($43 million),
<><> A123 ($250 million) and
<><> Ener1 ($119 million).....
Money laundries.......an Obama specialty.
HERE’S THE LOWDOWN on OBAMA’S TARP giveaways and how Democrats made a bundle:
LEGEND:Dem Group/Member...Bank....Amt of Donation....Tarp Funds received
DCCC Bank of America $5,000.00 $15,000,000,000.00
DCCC Capital One $25,000.00 $3,555,199,000.00
DCCC Citigroup $22,500.00 $25,000,000,000.00
DCCC Comerica Inc PAC $1,000.00 $2,250,000,000.00
DCCC Goldman Sachs $30,000.00 $10,000,000,000.00
DCCC JP Morgan $30,000.00 $25,000,000,000.00
DCCC Morgan Stanley $15,000.00 $10,000,000,000.00
DCCC PNC $2,500.00 $7,579,200,000.00
DCCC Wells Fargo $30,000.00 $25,000,000,000.00
Nancy Pelosi Bank of America $5,000.00 $15,000,000,000.00
Nancy Pelosi Citigroup $10,000.00 $25,000,000,000.00
Nancy Pelosi Goldman Sachs $20,000.00 $10,000,000,000.00
Nancy Pelosi JP Morgan $22,500.00 $25,000,000,000.00
Nancy Pelosi Morgan Stanley $10,000.00 $10,000,000,000.00
Nancy Pelosi Wells Fargo $10,000.00 $25,000,000,000.00
Steny Hoyer Bank of America $17,500.00 $15,000,000,000.00
Steny Hoyer Capital One $7,500.00 $3,555,199,000.00
Steny Hoyer Citigroup $10,000.00 $25,000,000,000.00
Steny Hoyer First Horizon $250.00 $866,540,000.00
Steny Hoyer Goldman Sachs $10,000.00 $10,000,000,000.00
Steny Hoyer JP Morgan $20,000.00 $25,000,000,000.00
Steny Hoyer KeyCorp $2,000.00 $2,500,000,000.00
Steny Hoyer Merril Lynch $5,000.00 $10,000,000,000.00
Steny Hoyer Morgan Stanley $13,500.00 $10,000,000,000.00
Steny Hoyer SunTrust $500.00 $4,850,000,000.00
Steny Hoyer Wells Fargo $10,000.00 $25,000,000,000.00
Sounds like you can be blackmailed for taking the loan.
UNFIT TO BE PRESIDENT.
The thought that came to me this morning was about the South Carolina Dem primary.
Biden wasn’t anywhere close to leading, but suddenly, everyone else started dropping out: Bernie, Injun Squaw, Buttgig, Kamel-ahhh.
It almost seems like some Chinese buyouts happened to make sure The Big Guy would be the pick (because he was already bought and blackmail-able).
Makes a guy go hmmm.
Could be. It is odd the way everybody else dropped out.
#Bobulinski
Chump-change for the Bidens.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.