Posted on 07/28/2023 7:57:04 AM PDT by SJackson
[Editor’s note: Make sure to read Daniel Greenfield’s masterpiece contributions in Jamie Glazov’s new book: Barack Obama’s True Legacy: How He Transformed America.]
The release of an FBI informant’s allegations about the Biden family’s dealings with Burisma finally explains what a Ukrainian energy company wanted with a corrupt American political clan.
Why was Burisma paying a vice president’s son tens of thousands of dollars a month?
According to the allegations on the FBI’s FD-1023 form released to Sen. Chuck Grassley by whistleblowers, Burisma wanted to launch an IPO in the United States and was looking to first buy an American energy company. Such a move would have required regulatory approval and would have also potentially been very lucrative for anyone on the inside.
The allegations by the FBI informant describes Mykola Zlochevsky, Burisma’s co-founder and a former minister in the ousted pro-Russian Yanukovych government, saying that “it costs 5 (million) to pay one Biden, and 5 (million) to another Biden”.
And yet the rewards could have been even richer.
While the informant urged Zlochevsky to launch his IPO by forming an American company or buying a shell company, Hunter Biden had allegedly told the energy boss that his company “could raise much more capital if Burisma purchased a larger US-based business that already had a history In the US oil and gas sector.” Allegedly some Texas companies were on the table.
Why did Hunter Biden allegedly pitch Burisma on a messier and more expensive process? An obvious potential answer is that the Biden family may have hoped to cash in by being on the inside. To understand Burisma’s plans and those of the Biden family, we need to look at what was going on with the oil and gas sector beginning in 2014, when Hunter started being paid a small fortune to sit on the Ukrainian energy company’s board, through 2016 when some of the initial conversations that the informant reported to the FBI were first taking place.
2014 was a good year for oil and gas IPOs. Texas’ Parsley Energy rode annual revenues below Burisma’s estimated $400 million to a big IPO, rising revenues and an eventual $4.5 billion sale. Looking at examples like these, Hunter and Zlochevsky could have envisioned bringing together a Texas oil company and a Ukrainian oil company united around a similar political business model. The Biden name would have cleared the way for permits in Texas and political cover in Ukraine. Indeed the one thing we know that Joe Biden did for Burisma was threaten to pull foreign aid unless the Ukrainian government fired Viktor Shokin, a prosecutor who had been looking into Burisma’s affairs, and was seen as a block to any successful IPO in America.
The plan, implied by the FBI informant, was for Joe Biden to clear away Burisma’s problems in Ukraine and pave the way for the takeover of a Texas energy company. The Biden family would have potentially been on the ground floor of the Texas deal (and Hunter and other Biden family members could have been cut sizable checks or received shares on the American end) before being on the inside of an IPO for a combined company that would potentially be worth billions.
But political developments in Ukraine and a roller coaster ride in the energy markets, made that a shaky proposition. The Texas deal and the IPO never happened. Burisma and the Bidens didn’t look like they had much of a future. In the fall of 2015, Joe Biden held a press conference with Barack Obama at which he announced that he would not run for president.
This is when the FBI informant began meeting with Burisma officials and they vented about Hunter Biden who was increasingly outliving his purpose, but who was also too dangerous to let go. Only in March 2017 was Hunter’s $1 million a year salary finally cut. By then Zlochevsky had been entangled in legal proceedings and a Burisma launch in the United States was impossible.
Any political future for Joe Biden or financial future for Hunter Biden seemed to be equally done.
As the Burisma deal began falling apart, so did Hunter Biden. His ex-wife Kathleen Buhle’s memoir describes his transition from alcoholism to heavy drugs beginning around the start of the Burisma deal. Between the various memoirs and investigations, it’s widely known that Hunter burned through a massive fortune.
“The board fee had morphed into a wicked sort of funny money,” Hunter Biden wrote in his own memoir. “It hounded me to spend recklessly, dangerously, destructively. Humiliatingly. So I did.”
But the Burisma millions may have just been the beginning of a much bigger pay day. Before his father visited Ukraine, Hunter wrote of the Burisma arrangements, “this is a huge step for us.”
“We need to have a plan on how we develop a corporate entity or LLP that allows us to draw on funds generated here to free us from existing (under-producing current commitments) and to build our own investment and expansion strategy.”
Hunter Biden was living like a guy who expected to be making much more than he was. Burisma, like his Chinese deals, remained unfulfilled. Hunter may have been out to be more than a mere millionaire on paper while trying to keep up with payments on his houses and his Porsche, but aspiring to become a billionaire. The vice president’s disfavored son had spent much of the Obama administration trying to monetize his dad’s position for the rest of the family.
Joe Biden had something Barack Obama did not: a brother and a son who could hustle aggressively. And yet with the Obama administration approaching its end, Hunter had come away with only a taste of the foreign money that the Clintons had gorged themselves on.
Burisma, like the China deals, had never delivered the big payoff that Hunter had been chasing. The foreign companies remained foreign and they quickly tired of paying Hunter. The deal of a lifetime was slipping away even as his father’s time was drawing near. By the end of 2015, a Biden presidency seemed wildly unlikely. The smart money was on Hillary Clinton winning and then serving two terms. As painful as that was for Republicans, it was even more so for Hunter who was watching the last opportunity to monetize his father’s career slipping away.
Any chance that Joe Biden had for a future presidential campaign would require big money.
Hunter’s debts were piling up and once his father left office, they would come due. It’s not surprising that Hunter’s substance abuse issues, which had been around for a while, became catastrophic. One way or another the good life was over and Hunter had decided to go out with a bang. Only when his father relaunched his political career did the spree become inconvenient.
Hunter Biden wrecked his last opportunities under Vice President Biden and made himself too toxic to be able to significantly cash in with foreign investors under President Biden.
The FBI’s informant lays out an implied picture of just how much money the Bidens were chasing. This was not about the millions of dollars, money that Hunter casually wasted on crack, prostitutes and a lifestyle beyond his means, but potentially billions of dollars.
It’s not hard to imagine how a Burisma – Texas deal could have come together and how it could have benefited a whole circle of Biden family members, associates and key donors. Had such an arrangement succeeded, Joe Biden would have gained an incredibly wealthy family and donor circle that could have given him a shot or later another shot at the White House without becoming too dependent on the political favors and donors that made him a puppet president.
When Joe Biden intervened to protect Burisma, was he just protecting his son’s income stream of five figures a month or was he looking to gain billions for his family and his political allies?
The difference is more than just a matter of zeroes.
Democrats and their media have insisted that Hunter’s sins were his own and that Joe Biden’s involvement was limited to helping his troubled son. This narrative has been undermined by not only the FBI informant’s disclosures, but also by allegations from past business partners, a WhatsApp message from Hunter explicitly threatening a Chinese business in his father’s name, and the lengths to which the FBI went to shut down any investigation of anyone beyond Hunter.
Joe Biden’s defense has been to argue that no one can show that he profited financially from Hunter’s business deals. While a web of shell companies was used to move money around to Biden family members, no one has yet conclusively proven that money went directly to the man described in various communications as ‘the big guy’. But the difference between a deal potentially worth millions and billions would be that the latter wouldn’t just subsidize Hunter’s Porsche or prostitutes, but Joe Biden’s future political career.
When Biden told Ukrainian officials, “we’re leaving in six hours. If the prosecutor’s not fired, you’re not getting the money”, was he hoping to buy his way back into the White House using Burisma’s money?
Did Joe Biden intervene for Burisma to help Hunter pay off his debts or to become president?
(Bidens Wanted Billions, Not Millions, From Burisma)
You know, I’m starting to think 🤔🤔 that Joe Biden and Hunter Biden are corrupt beyond words.
And that maybe, just maybe Mitt Romney is corrupt as well.....🤔🤔🤔
Gee, ya think? 🤔🤔🤔 (answer to myself)
😂😆😜😜😜
Biden on burisma:
“I said, “Nah, I’m not going to—or, we’re not going to give you the billion dollars.” They said, “You have no authority. You’re not the president.” The president said—I said, “Call him.” I said, “I’m telling you, you’re not getting the billion dollars.” I said, “You’re not getting the billion. I’m going to be leaving here in, I think it was about six hours.” I looked at them and said, “I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money.” Well, son of a bitch. He got fired. And they put in place someone who was solid at the time.”
It was Trump's call to Zelensky that got Joe nervous enough to run, in order to squash further investigations by a second term Trump.
i see the Lefties are now trying to say that Ukrainian prosecutor Shokin was fired, not to protect Burisma, but because he wasn’t pursuing it/corruption hard enough. that is the new party line - including even editing Wiki.
excerpt:
When Biden told Ukrainian officials, “we’re leaving in six hours. If the prosecutor’s not fired, you’re not getting the money”, was he hoping to buy his way back into the White House using Burisma’s money?
Did Joe Biden intervene for Burisma to help Hunter pay off his debts or to become president?
xxxxxxxxxxxxxxxxxx
quid pro joe & the DS/dems milked more $$$ out of the Uke aid through SBF & his crypto skam
now that FBX is BK that source has dried up, so quid pro joe has shifted DS/dem election funding source to US Aid to the Ukes, imo
Keep in mind: the corrupt justice department and corrupt FBI are in damage-control mode. One tactic is to try to attach absurdity to the accusation - by exaggeration, and to hope that that absurdity bleeds into and taints the factual and more provable charges against the Biden crime family.
This story might be managed news.
BTTT
Greedy little POS isn’t he, (Biden)?
Now you know the real reason U.S. mercs are in yook rain. And it wasn’t just the biteme clan. They were just the dumbest of the lot, hence most likely to get caught. I’m sure some senators and bureacrats are a little uncomfortable with all the attention this is starting to garner.
It’s just a coincidence!!
Ask Mitt Romney!!
C’mon man!!
I knew i couldn’t beleive my lyin eyes lol
LOL 😂😆🤣🤣🤣😜😜😜
Y’all are missing the big picture. The “big guy” isn’t Biden, it’s Obama, with a piece of the action for the Clintons.
They’re all in this together™️
It’s a Vast Right-Wing Conspiracy!!
Contact Judge Maryellen Noreika
The Honorable Maryellen Noreika
J. Caleb Boggs Federal Building
844 N. King Street
Unit 19 Room 4324
Wilmington, DE 19801-3555
Courtroom: 4A
MESSAGE-—This is the biggest scam ever perpetrated
by anyone in govt.....least of all the WH.
<><> It’s depth of depravity reflects the Biden evil it’s hiding.
<><>NOTE: The Diversion Plea written for Hunter Biden wasn’t a real document.
<><> Billed as such, but it wasn’t a plea.
<><> Hunter could not plead to things for which he had not been charged.
<><>He had not been charged with anything.
<><> That means the thing presented in Noreika’s court was a joke......
<><>......b-u-t it has a provision that would protect Hunter (and thus Joe) from any past or future criminal charges.
Legal Experts Point To Another Fishy Aspect Of Hunter Biden’s Proposed Plea Deal..... that the “statement of facts” included in Hunter Biden’s proposed plea deal favored the defense.....since due to the Biden-controlled DOJ terms, it would have immunized Hunter from prosecution for a number of offenses.
The “statement of facts” points out that Hunter Biden “continued to earn money and exercise control over his personal and corporate finances” even during the 2017-2018 period where his substance abuse worsened and he failed to pay taxes.
“Certainly a significant portion of the Statement of Facts is defense-oriented,” attorney Sol Wisenberg tweeted. “This is not normal.”
Lawyer and former federal prosecutor Bill Shipley said on Twitter that he thinks there is “no way the prosecutors wrote the Statement of Facts.”
“That was written by defense counsel (more likely the WH) because there is a purpose behind it, and it’s written in a style that I have NEVER seen come from a prosecutor,” he said. “It is not something I would have ever written in a million years.”
Hunter’s business partner, Devon Archer, testified that Joe Biden met with Russia’s Yelena Baturina, Putin’s friend, who later invested $40 million in Hunter Biden’s real estate ventures. She also paid Hunter Biden $3.5 million in consulting fees.
Q. What did Yelena Baturina, the billionaire widow of a corrupt Moscow mayor, get for all that money to the Bidens?
A. She was left off of Biden’s Sanctions list.
foxnews.com
Obama-era emails reveal Hunter’s extensive ties
to nearly a dozen senior-level Biden admin aides;
Hunter was deeply connected to Biden’s inner circle
By Jessica Chasmar, Cameron Cawthorne | Fox News
snip
BACKSTORY —— Nearly a dozen current and former officials serving in the White House and Biden administration, including the president’s national security adviser and the secretary of state, have extensive ties to Hunter Biden, who is accused by Republicans of selling access to his father, dating back over a decade.
A Fox News Digital analysis reveals the extent of Hunter’s potential reach in the White House, while the corrupt Hunter skates away charged w/ only two alleged misdemeanor tax violations and a felony gun charge.
The analysis includes:
<><>two members of Biden’s Cabinet
<><>one former Cabinet member,
<><>a top aide to Defense Secretary Lloyd Austin,
<><>a national security adviser,
<><>five top Obama/Biden White House aides,
<><>and a top Biden campaign aide on leave as communications director for Jill Biden.
Via her aide, Jill could have been privy to all the dirty doings but she has escaped scrutiny, so far.
Hunter Biden and President Biden’s national security adviser, Jake Sullivan, served together on the board of the Truman National Security Project, a liberal foreign policy think tank, for roughly two years before Sullivan joined the president’s campaign in 2020.
pic——Sullivan, Hunter, Joe Biden, Blinken
President Biden’s national security adviser, Jake Sullivan, left, Hunter Biden, President Biden and Secretary of State Antony Blinken (Getty Image)
link——BIDEN’S CLAIM TO HAVE NO KNOWLEDGE OF HUNTER’S BUSINESS DEALINGS IS BECOMING HARDER TO MAINTAIN
Hunter, who started serving on the board in 2012, and Sullivan both served on the Washington-based nonprofit’s board between 2017 and early 2019, according to internet archives captured by the Wayback Machine.
During that time, Hunter was also serving on the board of Ukrainian energy company Burisma Holdings and the Chinese private equity fund BHR Partners.
The federal investigation into Hunter’s foreign business dealings, which is still ongoing, also launched during the same time frame in 2018.
Sullivan was recently accused by former White House official Mike McCormick of being a “conspirator” in the Biden family’s “kickback scheme” in Ukraine when Biden was vice president.
snip
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