Posted on 04/30/2019 11:13:09 AM PDT by detective
On Sunday, Fox News Channel’s Steve Hilton reported on Peter Schweizer’s investigation of former vice president Joe Biden’s family’s business dealings with China’s government, concluding that Biden was “compromised by a foreign power and unfit to be president.”
Hunter Biden — Biden’s second son — secured $1 billion in financing from the Bank of China — an arm of the Chinese government — for a private equity firm founded by himself and Christopher Heinz, the stepson of former Secretary of State John Kerry. That private equity firm was named Bohai-Harvest RST (BHR).
Joe Biden “is the very definition of a corrupt insider,” said Hilton, rejecting left-wing and partisan Democrat marketing of Joe Biden as “a man of the working people.” He profiled Biden in a segment entitled, “Swamp Watch.” Hilton added, “With Joe Biden … there is a much more worrying relationship with a foreign power, one that presents a vastly bigger threat to America than Russia — China.”
(Excerpt) Read more at breitbart.com ...
“Joe Biden is ‘Joe China,’ and he must never be allowed anywhere near the White House again,” concluded Hilton.
Schweizer previously described the aforementioned deal as an illustration of what he dubbed “the new corruption,” where foreign governments procure political influence through “sweetheart deals” with the children of American and Western politicians.
Amazing!
The good old Democrats.
Remember when Al Gore was caught with suitcases full of bribe money from China?
“Why compete and fight with the Americans when we can give the Democrats a few million dollars and they will tear America apart?”
There is BIG MONEY available for those willing to sell out the American nation and people. Clintons, Obamas, Biden, ad nauseam.
Joe can be “more flexible” if he gets elected . . . [face palm]
We need a probe
CIRCA March 2018-—Biden’s son inked deal with Chinese government days after vice president’s trip
BY JOHN BOWDEN, BREITBART
A private equity firm managed by the son of former Vice President Joe Biden struck a deal with China’s state-owned bank in 2013 at the same time that Biden was in the country to meet with Chinese President Xi Jinping.
Hunter Biden, who arrived in China aboard Air Force Two alongside the vice president and the rest of the U.S. delegation, was at the time in control of Rosemont Seneca Partners LLC., a private equity firm that would go on to strike a deal with the state-owned Bank of China to create a $1 billion joint investment fund.
In excerpts from his upcoming book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” Breitbart News senior editor-at-large Peter Schweizer writes that the China deal was part of a trend of high-stakes deals between the sons’ investment firm — under the Rosemont entities umbrella — and foreign governments that were also in the middle of striking deals with the Obama administration.
Hunter Biden controlled the Rosemont entities, which describes itself as “a $2.4 billion private equity firm.”
In 2011, Hunter Biden met with top Chinese government fund leaders alongside managing partner Devon Archer and James Bulger, the nephew of notorious mobster Whitey Bulger, who controls a Massachusetts-based consultancy firm. The meeting took place just hours before the vice president would meet with Hu Jintao, then China’s president, in Washington as part of a nuclear security summit.
A second meeting that year between Hunter Biden and other top Chinese officials would occur in Taiwan, just two weeks after the vice president opened up strategic talks with China in Washington.
In 2013, the younger Biden would be part of an official U.S. delegation to the country. Ten days later, Rosemont entities inked a $1 billion deal with the bank of China. The deal was eventually increased to $1.5 billion.
Deals made by the firm — co-owned by the government of China and the two sons of top American officials — would go on to have serious national security implications for the United States. One such deal was with the automotive subsidiary of Aviation Industry Corporation of China (AVIC), a major Chinese military contractor accused of frequently stealing U.S. military technology.
In late 2015, AVIC would go on to purchase 51 percent of American precision-parts manufacturer Henniges. Joe Biden’s son bought the other 49 percent in a deal that was approved by the Committee on Foreign Investment in the United States, which includes members of numerous government agencies including the State Department.
In an email, a spokesman for Chris Heinz, John Kerry’s son by marriage, told The Hill that Heinz had “no operating role” in Rosemont Seneca, and was not involved in any of the firm’s dealings in China — contradicting Schweizer’s original reports.
“Rosemont Capital is not, and never was, a part of the Heinz Family Office and was a fully independent alternative investment fund manager,” said Heinz spokesman Chris Bastardi.
“Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm’s Chinese management team or investors.”
Joe Biden is considered by many Democrats as a top contender in 2020 to challenge President Trump, whose own sons have been involved in foreign business dealings that raise questions about foreign officials using the Trump Organization to influence the White House.
Last week, the Trump organization donated $151,470 in profits earned from foreign government patronage at its hotels and other businesses in 2017 to the U.S. Treasury, a move not required by law.
This article was updated at 4:30 p.m. to correct one meeting date and note that Chris Heinz, John Kerry’s son by marriage, was not a managing partner of Rosemont Seneca Partners or involved with Rosemont Seneca Bohai.
James Biden isn’t a big name in the business of residential housing development, so what exactly qualifies him to work at a construction company and share in the winnings of a $1.5 billion project to build affordable homes in Iraq? If you said it has something to do with his last name, the one shared by his older brother Vice President Joe Biden, you wouldn’t be far off. At least that’s the guess of some Wall Street analysts who cover the Marlton, NJ-based company Hill International and think they’ve seen yet another sordid tale of crony capitalism.
Hill has been around for decades; its main business is managing construction projects in the Middle East and here in America. It’s built a good reputation over the years, as has the father-son team who run it, Irv and David Richter. But the bursting of the real-estate bubble took its toll; Hill shares are down 80 percent since 2008. Since 2011, the company has reported losses. Its Middle East business has also been stymied by the Arab Spring uprisings; in Libya alone, Hill is out $60 million in payments that it’s still trying to recover.
But it got some good news not long after its housing subsidiary hired James Biden as an executive vice president in late 2010. Just six months later, Hill won one of its biggest contracts ever, a $1.5 billion deal to build at least 100,000 affordable homes in Iraq. A good deal for Hill, a relative newcomer to building homes — and for James Biden, who as one partner will get a good share of that $1.5 billion.
The deal is contingent on the Iraqi government providing financing, which it has yet to do, but Hill execs tell analysts the money could start flowing by the end of the year. That’s when everyone involved, James Biden included, will start collecting on tens of millions of dollars in profits.
One friend of James Biden’s estimates his net worth at around $7 million, yet he seems to have a remarkable lack of concrete business experience. An attorney who’s done work for him called him a “serial entrepreneur,” but didn’t name the startups he was responsible for. Hill chief Irv Richter called Biden a “good salesman” and the firm’s Web site describes “40 years of experience dealing with principals in business, political, legal and financial circles across the nation and internationally.”
(James Biden also had a relatively short and somewhat controversial run as a co-owner of a hedge-fund company with Joe’s son Hunter. The company, as it turns out, was marketed by companies controlled by now convicted Ponzi schemer Allen Stanford. Neither Biden was charged, but the fund company is now winding down its operations.)
No, James Biden’s obvious value comes from his connection to the Obama administration. Richter assures me that James’ ties to Joe played no part in landing the plum assignment in Iraq or any of the other government-related jobs Hill has received recently.
Really? Connect these dots: Both the Iraqi government and the Obama State Department played roles in helping Hill win the assignment, Richter concedes. And Joe Biden is President Obama’s point man on Iraq — a country where people expect politicians’ families to be “taken care of.”
Also key is TRAC Development, a South Korean firm that won the master contract for the Iraq work. And — huh! — James Biden and his wife were guests of President Obama and Michelle for last October’s state dinner honoring the president of South Korea, Lee Myung-bak. All one big coincidence?
Well, Richter insists that, while Biden’s name and connections might open doors when government business is on the line, that doesn’t guarantee success. “If he had the name Obama, he would get in the door easier,” Richter joked. During this month’s vice-presidential debate, Joe Biden told Americans to just ignore all that stimulus money that went to administration-connected failures like Solyndra. Crony capitalism, he insisted, hardly exists with Joe Biden and Barack Obama watching the store.
Maybe that’s why the veep, after making that dopey statement, was laughing so much that night.
Charles Gasparino is a Fox Business Network senior correspondent.
Joe Biden Brags ‘World Leaders Begged’ Him to Run Against Donald Trump
breitbart / FR Posted on 4/26/2019, 5:33:29 PM by MNDude
Former Vice President Joe Biden says that he decided to launch his 2020 presidential campaign, in part, because international heads of state called him to “beg” him to run for president and “save the world.” The Democrat hopeful made the claim in a call to supporters after he launched his campaign this week, according to the Daily Mail
“I get calls from people all over the world. World leaders are calling me, and they’re almost begging me to do this, to save the country, save the world,” Biden reportedly said.
President Donald Trump has been a thorn in the side of globalist politicians placing entrenched corporate interests above the needs of their own citizens. On issues such as illegal immigration, NATO contributions, global warming, and Chinese aggression, Trump has bucked international leaders rather than go along to get along.
In particular, Germany’s open-borders prime minister Angela Merkel has been repeatedly humiliated in confrontations with Trump (Excerpt) Read more at breitbart.com ...
Peter Schweizer, president of the Government Accountability Institute and senior editor-at-large at Breitbart News, recalled how Hunter Biden, Joe Biden’s second son, received millions of dollars from Ukrainian energy company Burisma Holdings while his father directed $1.8 billion in aid money to Ukraine as vice president during the Obama administration. Schweizer joined Tuesday’s edition of SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak. Schweizer said, “I think a deeper problem that [Joe Biden] faces is — as has been reported on Breitbart and reported at the Hill, today — which I think is far deeper is the fact that his family, particularly his son, cashed in while he was vice president of the United States.”
John Solomon reported on Hunter Biden’s receiving millions of dollars from Burisma Holdings after being installed on the company’s board during his father’s vice presidential tenure: U.S. banking records show Hunter Biden’s American-based firm, Rosemont Seneca Partners LLC, received regular transfers into one of its accounts – usually more than $166,000 a month – from Burisma from spring 2014 through fall 2015, during a period when Vice President Biden was the main U.S. official dealing with Ukraine and its tense relations with Russia.”
The general prosecutor’s official file for the Burisma probe – shared with me by senior Ukrainian officials – shows prosecutors identified Hunter Biden, business partner Devon Archer and their firm, Rosemont Seneca, as potential recipients of money. Shokin told me in written answers to questions that, before he was fired as general prosecutor, he had made “specific plans” for the investigation that “included interrogations and other crime-investigation procedures into all members of the executive board, including Hunter Biden.” “We’ve talked before about the deals he procured with the government for China,” remembered Schweizer. “The other place [Joe Biden’s] son, Hunter Biden, procured a big deal was in Ukraine. In Ukraine, it involved an energy company called Burisma, which is a very corrupt organization headed by an oligarch named Mykola Zlochevsky who is very close to
ViktorYanukovich, the pro-Russian leader.” Schweizer asked, “There’s all kinds of questions and implications. Is there a Russian component to this, because Burisma is such a corrupt company?” “The bottom line is Joe Biden was the Obama administration’s point-person on policy towards Ukraine,” noted Schweizer. “He steered $1.8 billion in aid to that government and while he was doing so, his son got a sweetheart deal with this energy company – that we’ve been able to trace over just a 14-month period – paid $3.1 million into an account where Hunter Biden was getting paid.”
Schweizer highlighted Hunter Biden’s lack of professional or experiential bona fides in terms of his board position at Burisma Holdings.“Suffice to say, Hunter Biden has no background in Ukraine,” stated Schweizer. “He has no background in energy policy. There’s really no legitimate explanation as to why he got this deal with this energy company, other than the fact his father was responsible for doling out money in Ukraine itself.”
Schweizer went on, “It’s a huge problem, and it goes to this question of corruption and potential payoffs and bribes that these foreign entities were making to the Bidens in exchange for hopefully getting favorable treatment.” Despite the Robert Mueller-led operation’s ostensible pursuit of “collusion” between President Donald Trump and the Russian state, Schweizer noted actual financial dealings between the Biden family and foreign interests.
Schweizer said, “One of the phrases that has been tossed around as it relates to the Russian collusion hoax was ‘obstruction of justice’ by Trump, and there’s been no — at least in my mind — evidence that that ever happened, and it doesn’t seem that Mueller felt any charges should be brought on that count. But in this case, you would have a pretty clear-cut case of obstruction of justice, where Joe Biden is saying to Ukrainian officials, ‘We are not going to give you this billion-dollar loan guarantee unless you fire this guy.'”
Schweizer added, “There is far more evidence of collusion involving Joe Biden — or even involving the Clintons — of collusion with these foreign powers than there was with Donald Trump, because you actually have the transaction of money, you have very favorable policies that were carried out. I think ‘collusion’ is not too strong a word. I think it’s a pretty accurate word.” Schweizer added, “There’s no question. The Bidens got a lot of money — millions of dollars — from these foreign powers. Hunter Biden had no legitimate reasons to get the deal. He simply wasn’t qualified.”
Schweizer warned of politicians and officials monetizing their political influence.
Biden weaponized his government position to protect his son---to get the lead prosecutor fired -- and bragged about it.
Biden caught on tape (apparently in cahoots with Obama): "We're not going to give you the billion dollars," he said. "They said, 'You have no authority. You're not the president.' I said, 'Call him (indicating Obama was in on the shakedown).' 'I'm telling you, you're not getting a billion dollars.' I said, I will be leaving here in six hours. If the prosecutor is not fired, you're not getting the money.' Well, son of a b---h got fired."
China?!? I thought Creepy Uncle Joe and his son Hunter were attached to the Ukrainians at the hip.
Don’t try to listen for a pin to drop in the MSM.
Yes, they’ll be silent about this, but no they wont be silent. They’ll be shouting Trump at the top of their lungs about any nothing burger all day long. Real scandals come and go daily
Biden can be bought, but Kamala Harris is only available to rent.
Not to forget Biden and Ukraine.
And not to forget the oldest trick in the world, your son as lobbyist; you want to talk to the senator, you write his son a check.
I saw that report and it was very well done. Steve Hilton is a star journalist and has very good programs.
I hope the RNC creates ads with this information.
Democrats, the party of corruption, treason, and degeneracy.
On top of his being a pedophile.
U.S. Constitution Article I, Section 9, Paragraph 8:
“No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.”
Imagine if a Trump family member got a $1 billion “loan” from a big Russian bank. The braying would be non-stop.
Will Nancy and Chuck ask the Biden son to return the Chinese money?
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.