'Secret Empires': Obama's Used His Executive Powers to Help His Friends' Investment Firms

Townhall ^ | 3/28/18 | Matt Vespa

[Freedom of Speech Wins]

Well, Peter Schweizer, who wrote about the allegedly shady dealings of the Clinton Foundation, is back at it with Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends. The Obamas, Bidens, and Mitch McConnell are all detailed with their questionable business practices. For Obama, Schweizer noted that he used executive powers to attack certain industries, which allowed investment firms, who were run by his friends, to buy them at a reduced price (via Washington Examiner):

https://townhall.com/tipsheet/mattvespa/2018/03/28/secret-empires-obamas-used-his-executive-powers-to-help-his-friends-investmen-n2463294

[Lurkinanloomin]

The Kenyan from Indonesia may have enriched himself and his friends, but the real damage done by the usurpation is that he turned the entire government against the citizens and filled it with people who hate US.

[Grampa Dave]

The walls of silence to hide the criminal actions of the elite deep State DC crooks and their families are starting to spring leaks!

[CincyRichieRich]

Rush Limbaugh said a lot about cronyism this past Friday...getting rich, funneling through foundations and paying family members to fun things.

[Hostage]

This is one I am reading.

Note the Biden corruption in Ukraine and China is small potatoes next to the Obama corruption regarding global bankers and their trading desks.

Trillions were stolen and taken to offshore trusts in the financial collapse and mortgage meltdown which happened as did 9-11 on GW Bush’s watch (why he disgusts me).

Hundreds of billions of those trillions went to Obama connected cronies (and Obama knew of many tens of billions of these as it’s on record as a ‘settlement’ which was administered into accounts that became slush funds).

The Biden corruption is only the tip of the iceberg.

[ronnie raygun]

All roads traveled will lead to this despicable a##hat. He needs to be behind bars along with his criminal cohorts

[HarleyLady27]

I just ordered this book from Barns and Noble this morning...I could go to the store, but I’m taking it really easy for a while, got some health problems going on so not going to push it...

Those that have read it, is it as good as ‘Clinton Cash’??? Have to tell you what I did with that book, took pieces of type paper and drew from Bill Clinton to whoever to whoever and by the time I had gotten through the book I had a map of type paper that would fill up over an 8 x 12 wall...at least I know who is where and is connected to who for what...

[GaryCrow]

I’m firmly convinced that a large part of the opposition to Trump is because he threatens the gravy train that professional politicians, both democrat and republican, have become accustomed to over the last half century.

[Dave Wright]

Sometimes life imitates art and this corrupt attack on Trump to deflect the crimes of the Obama administration reminds me of one of my favorite movies, LA Confidential. Trump and Giuliani are like Guy Pierce (Ed Ainsley) and Russell Crowe (Bud White) trying to get to the bottom of a huge corruption scandal in LA in the 1950’s. Ainsley admits to Kevin Spacey’s character (Jack Vincennes) that he became a cop because of the murder of his detective father in the line of duty by someone who is never captured. He calls the character “Rollo Tomasi” just to give him a name and he represents all the “ones who gets away with it” meaning they have such power they are above being caught by the law (aka drain the swamp).

Unknown to them is that the real mastermind behind all the murders and cover ups is their own Police Captain, Dudley Smith (played by James Cromwell) who has been pulling the strings all alone behind the scenes. When Capt. Smith realizes that Vincennes is helping Ainsley and is getting too close to the truth he calmly pulls a revolver and kills him in his kitchen. Vincennes dying words are just “Rolla Tomasi whom Smith then asks Ainsley to investigate thus leading to Smith’s finally being recognized by Ainsley as the mastermind.

I think we are at the scene in the pursuit to destroy Trump where Smith, Ainsley, and White are having the gunfight at the Victory Motel. If the hearings follow the script Trump will win the gunfight(metaphorically speaking) like Ainsley does by shooting Smith in the back as they surrender to the real police. In the cynical plot twist at the end both Ainsley and Smith are portrayed as crime fighting heroes. I love this movie.

The point of this long analogy is that I now understand who the Dudley Smith (Rolla Tomasi) character has been all along in the real corruption story. Its former President Barak H. Obama.

[Liz]

Biden’s Corruption Problem Powerline ^ | Aug. 2, 2019 | John Hinderaker Posted on 8/3/2019, 9:54:14 AM by libstripper Joe Biden is being portrayed as the Democrats’ safest potential presidential nominee, despite his obvious flaws as a candidate. But one wonders how Biden’s history of swamp corruption will play if he actually faces the scrutiny of a national run. Biden’s family has gotten wealthy, like those of so many low-paid “public servants”–Tom Daschle and Harry Reid are obvious examples. How does that happen? Politico headlines: “Biden Inc. Over his decades in office, ‘Middle-Class Joe’s’ family fortunes have closely tracked his political career.” It begins: (Excerpt) Read more at powerlineblog.com ...

=============================

Joe Biden’s younger brother James received a series of “unusually generous” bank loans during the 1970s, while the former vice president served on the Senate Banking Committee. Politico reported on Friday that James Biden, who has a history of murky financial dealings, was able to parlay his role as the chief fundraiser for his brother’s 1972 Senate run into the startup capital required to open a nightclub.

The loans were considered “unusually generous” given that the younger Biden was a salesman without any business experience and purportedly had a net worth of less than $10,000 at the outset of the venture in 1973. Another key component of the story, which was widely covered by local media in Delaware and Pennsylvania at the time, is that the loans appeared to draw concerns over influence peddling, as Joe Biden had just been appointed to the Senate Banking Committee. (Excerpt) Read more at breitbart.com …

Here's the James Biden windfall ----- billions awarded for Iraq reconstruction.

CIRCA 2012 Crony capitalism & Joe Biden’s brother
SOURCE https://nypost.com/2012/10/23/crony-capitalism-joe-bidens-brother/
By Charles Gasparino, NY POST, October 23, 2012

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.

Aug 3 Joe Biden’s Brother Scored Generous Loans During Banking Committee Tenure Breitbart ^ | Aug, 2019 | Haris Alic Posted on 8/3/2019, 9:21:46 AM by libstripper Joe Biden’s younger brother James received a series of “unusually generous” bank loans during the 1970s, while the former vice president served on the Senate Banking Committee. Politico reported on Friday that James Biden, who has a history of murky financial dealings, was able to parlay his role as the chief fundraiser for his brother’s 1972 Senate run into the startup capital required to open a nightclub. The loans were considered “unusually generous” given that the younger Biden was a salesman without any business experience and purportedly had a net worth of less than $10,000 at the outset of the venture in 1973. Another key component of the story, which was widely covered by local media in Delaware and Pennsylvania at the time, is that the loans appeared to draw concerns over influence peddling, as Joe Biden had just been appointed to the Senate Banking Committee. (Excerpt) Read more at breitbart.com …

===============================

Note Biden in the role he was made for----a big fat joke.

[goodnesswins]

Yep...exactly

[Jim Robinson]

But Trump must be impeached for his part in trying to get to the bottom of all this corruption and treason. Campaign finance law trumps the constitution, y’know, and the POTUS must be hobbled if anyone running for president is caught with his hand in the cookie jar. /s

Actually, Trump was trying to get to the origin of the phony Russian collusion scam that the prior admin was running via our intelligence agencies as an insurance policy when all this corruption and treason stuff started unraveling.

Biden, Obama, Hillary, Kerry et al are in this up to their scrawny necks along with the CIA, FBI, DOJ and State department. It’s a huge international conspiracy with billions of dollars changing hands and including U.S. military technology going to China. We can thank the Clintons for getting that started.

Hmmmm... btw, just what did bring about this sudden explosion in China’s ballistic missile and nuclear weapons technology? And the Norks? And Iran’s?

[rolling_stone]

including U.S. military technology going to China. We can thank the Clintons for getting that started.

that can get very interesting..espionage maybe?

https://www.law.cornell.edu/uscode/text/18/part-I/chapter-37

[wastoute]

Trump threatening to investigate corruption threatens the very foundation of this country...and that’s a GOOD thing.

[marron]

Hill won one of its biggest contracts ever, a $1.5 billion deal to build at least 100,000 affordable homes in Iraq

Do you know if they ever actually built any houses?

[mosesdapoet]

Checkout[ Romney and Pelosi’s connection to this
http://www.freerepublic.com/focus/f-news/3783790/posts
http://www.freerepublic.com/focus/f-news/3783714/posts

[tophat9000]

Mitch McConnell ..ok that a problem..because if Mitch in this game he will sell out Trump went in come to Impeachment..that what Impeachment is about.. the dirty sre protecting them self

[Jim Robinson]

Amen

[Hostage]

> "Actually, Trump was trying to get to the origin of the phony Russian collusion scam ..."

He's dealing with clever crooks who know the ins and outs of law and who find loopholes or hiding places.

In the case of the phony Russia-Collusion hoax, Susan Rice (who as a kid grew up with CIA parents hence heir to a globalist ruling class caste) wrote in her last minute memo inside the White House not to cover her rear but to document a nuance in the Russia-Collusion 'investigation' that said investigation was cast as a 'Counter Intel Investigation'.

Why is this relevant?

In the course of a 'Counter Intel Investigation' versus other types of investigations, it is permissible to lie. One cannot be prosecuted for perjury when conducting a Counter Intel Investigation. Disinformation is fair game.

BUT if the ORIGINS of the Russia-Collusion scheme reveal the investigation was based on lies, then the false predication of the Russia-Collusion hoax is demolished and immunities granted in forming the Counter Intel Investigation are dissolved.

Hence, the ORIGINS is what Barr, Durham, Giuliani and others are focused on.

The above first became clear to me via Katie G.

> "Hmmmm... btw, just what did bring about this sudden explosion in China’s ballistic missile and nuclear weapons technology? And the Norks? And Iran’s?"

David Horowitz is one of the better researchers here:

https://capitalresearch.org/article/flashback-bill-clinton-gave-china-missile-technology/

As president, Bill Clinton essentially wiped out any strategic advantage the U.S. had by selling advanced U.S. missile technology to our enemy, the People’s Republic of China.

That “administration’s voluntary release of all the secrets of America’s nuclear tests, combined with the systematic theft of the secrets that were left as a result of its lax security controls, effectively wiped out America’s technological edge,” David Horowitz writes in the recently published, The Black Book of the American Left Volume 7: The Left in Power: Clinton to Obama.

[Rummyfan]

The point of this long analogy is that I now understand who the Dudley Smith (Rolla Tomasi) character has been all along in the real corruption story. Its former President Barak H. Obama.

I'm sure Valerie Jarret engineered ways for obozo and The Mooch to receive millions of dollars, maybe hundreds, in kickback schemes. When you authorize a trillion dollar stimulus, there is so much money flying around that 10 million is an accounting error.