Then-VP Biden toasts China's XI. "Here’s why I’m toasting this Chink. My view for many years is that a rising China is a positive development, and that the Biden family can become billionaires as long as we Democrats force American taxpayers to invest in Beijing’s success. Some anti-globalists see China’s growth as a threat, entertaining visions of a cold-war-style rivalry or great-power confrontation. Other Chinks worry that our aim in the Asia-Pacific is to contain China’s rise,” Biden wrote. “I reject these views. “I remain convinced that a successful China can make our country more prosperous, not less,” he added.
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(h/t Greenfield)
Yet, underneath all the Biden sucking-up rhetoric about the ennobling virtues of globalism was some very parochial and familial profiteering. In 2013, Joe and his son Hunter Biden flew on Air Force Two to China. China’s BHR Partners was founded that year and included Hunter Biden as a board member. The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County.
After Joe's wet kiss to XI, the big Chinese partner in the BHR arrangement was Harvest Fund Management which, coincidentally enough, in 2012 was targeting Hollywood with an $800 million investment fund. That same year, you could find Bruno Wu, who had been working with Harvest, and Chris Dodd, along with Harvey Weinstein, playing roles at the Asian Film Summit in Toronto.
And the money didn’t just go one way. The Delaware Board of Trade was incorporated in 2013.
Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County. (Delaware is Joe Biden’s home state which he repped as a US Senator.)
New Castle County had approved the issue of $15 million in revenue bonds to fund the DBOT “stock exchange” by touting the “globally recognized leaders in the financial services industry” running it. DBOT’s founders included people with experience in stock exchanges and financial services, and Dennis Toner, who was described as a “top aide to Vice President Joe Biden.”
Toner, Biden’s deputy chief of staff, is in the news for denying that Tara Reade ever told him anything. Reade’s decision to tell Toner and Ted Kaufman was a pretty poor one. Both are longtime Biden men and considered as close to the boss as family. And they’ve reaped the benefits of that closeness.
After Obama won, Ted Kaufman was temporarily appointed to the Senate. If there was anything odd about appointing a Biden advisor to sit in the Senate, it became odder when Senator Kaufman delivered the opening statement in favor of Toner’s appointment as Post Office Governor, by vouching for his “loyalty” working for Joe Biden.
Tara Reade might as well have taken her complaint to Biden, as to Toner and Kaufman.
The current New Castle County exec has since called DBOT’s founders criminals and threatened to sue after the company was disposed of as a “distressed asset” in exchange for shares of Ideanomics. Ideanomics is a Chinese crypto company trading as a penny stock and the software that served as collateral for the loan has been described as worthless. The chairman of Ideanomics is Wu.
The manager of DBOT-I LLC was listed as John Hynansky. The car dealer is a Biden pal with extensive Ukrainian ties who had lent Biden’s shady brother half a million dollars and had received $20 million in government loans to start a Porsche luxury car dealership in the Ukraine. Biden’s vaunted foreign policy expertise has consisted of sucking up to broker deals between Biden family members, donors, and foreign interests. These deals haven’t been good for America, but they’ve worked out very well for members of Biden's crooked family, as well as assorted donors, camp followers, and the local boys.
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But Biden's biggest deal was helping broker the Chinese takeover of the American entertainment industry. Xi’s visit to Los Angeles hit on all the right cultural notes. He schmoozed Hollywood bigwigs and their errand boys, like Dodd and Biden, he watched a Lakers game, and cheered Obama’s 100,000 Strong China initiative to have a hundred thousand American students study in the Communist dictatorship.
“I can say with confidence my visit has been a full success,” Xi declared.
In China, culture serves the agenda of the Communist government. Unlike the Russians, who struggled vainly to stem the impact of American culture, their Chinese counterparts decided to control it at the source. Biden was a key figure in negotiating the terms on which the PRC would control Hollywood.
In 1962, the Manchurian Candidate depicted an effort by Communists in China, Russia, and elsewhere to kidnap and brainwash American soldiers. The modern remake replaced the Communists with a corporation and the Chinese doctor with a South African geneticist. China could not be offended. While Biden, Katzenberg, and Xi were partying at the Marriot, human rights protesters were calling for freedom, and being arrested by the henchmen of a one-party Democrat city and state for their trouble.
Even while Biden was falsely claiming that the Hollywood sellout would improve human rights in China, the rise of China was already violating human rights in America. Now, as Chinese drones fly over American cities, police stalk empty streets, social media monopolies monitor every single phone, and Democrat officials dismiss the Bill of Rights while locking up millions of people, our rights are gone. And Joe Biden is the Manchurian Candidate who long ago sold out the country he now seeks to rule.
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You just gotta wonder how a (gag) president Biden will find time to run the US when he's perpetually sucking up for new deals for his ne'er-do-well son, his greedy family, his ex-staffers, donors, and his real-estate partners.