Archive for the ‘Cronyism’ Category

Biden Family Corruption: So Common A Thing Democrats & Their Pluto Media Didn’t Notice

September 22, 2019

REPRESENTATIVE DEMOCRACY IS NEITHER: Biden, Or When Main Stream Media Refuses To See Blatant Corruption.

[This is not a pro-Trump essay; indeed, as the essay makes clear, Biden’s presidential bid is over for mentally retarded corruption; and my candidate is Warren; this is definitively an anti-plutocratic, anti-corruption, anti-representative democracy essay, though.]

Biden’s Son Was Director Of A Giant Ukrainian Company, While His Dad Asked the Prosecutor Of Said Company, To Be Fired. But Most of Biden’s Son Business Was With China: 

Biden is frontrunner for the Democratic presidential nomination. His son Hunter was on the board of a Ukrainian gas company while his father was US vice-president. Doesn’t that sound like corruption to you? Instead Pluto media focuses on Trump inquiring!

There are two classes in this world: the owners and deciders of the planet… And the rest of us. 

Biden, as a US Senator, a professional politician, made sure in the 1980s, that Reagan’s oligarchic laws passed, by the elite, for the elite, against We The People. In the 1990s, Biden passed laws which sent millions of minorities in prison on drug charges (the “new Jim Crow“), while the upper crust was using those same drugs and flaunting it (see Obama writing, even boasting that he used cocaine).

The elite was not bothered by the Biden laws, they were not applied to them… whereas it should have been the opposite, as leaders, by definition, lead, and, if they lead in drug usage for all to see, they should be punished for wrong leadership through example, as some of the hanged Nazis at Nuremberg, who were hanged, just for writing the wrong thing. (And it was right to hang them for wrong leadership.)   

The Vice President of the USA says the circular logo. Actually, his son, Hunter… who loved to pose as if he really was the VP (there are many pictures of Hunter giving various speeches behind that sign, as if he were really the US VP)

Hunter, Biden’s son, related that he talked to his dad about Burisma Holdings, a Ukrainian natural gas company he was directing. According to Hunter, Joe said about Burisma: “I hope you know what you are doing”… and Hunter:”Yes, dad I know”. The second had no expertise in energy. He went to China, did the same, made a billion, and several of his business associates in other countries, were arrested. 

In 2013, then-Vice President Joe Biden and his son Hunter Biden flew aboard Air Force Two to China. Twelve days later, Hunter Biden’s firm signed a $1 billion private equity deal with a subsidiary of the Chinese government’s Bank of China. The deal was later expanded to $1.5 billion. The Chinese government funded a business that it co-owned along with the son of a sitting vice president. Hunter Biden, a lawyer, had little expertise in private equity (a lawyer confided that they had to employ Hunter, an incompetent lawyer, because he was the VP’s son).

Biden is not alarmed by China. Biden shrugged off concerns over the China threat on democracy. “Come on, man,” Biden said. “I mean, you know, they’re not bad folks, folks. But guess what, they’re not competition for us.” Biden had used nearly the same terms to qualify the threat posed by billionaires and plutocrats…. And of course; China fed the Biden family business, China has not meaning, but for plutocrats exporting work there. 

The lucrative deal of Biden with the government of China (=Chinese plutocracy) was hidden until the publication of the book, “Secret Empires”. No one knew the deal took place, because the MSM didn’t want to look at… itself. However, Biden’s son was pretty blatant: see him pose behind the VP of the USA logo above. The Ukrainian gas company paid him $50,000 a month (600 K a year). 

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I am quoting extensively Peter Schweizer in the postscript. One will see that even extreme tech has been compromised (nuclear energy). Right, the French government has done just as bad… with China (surprise).

I am not trying to shoot down Biden: he is clearly finished, Warren will be the Democratic candidate. Biden is finished because of his family corruption.

Biden is also finished because of something else: he is mentally deficient. Biden said in an interview that there were “720 million women” in the USA. Biden is so obsessed with China, he confuses it with the USA! Then he hesitated, mumbled, pondered, and reconfirmed that there indeed “720 million women” in the USA… Biden: best yes man for plutocracy

But then the question: how come Democrats in the street fell for a corrupt mental retard? Same general reason why so many still admire monsters such as Louis XIV or Napoleon? (I am not mentioning Bismarck, because Bismarck did good things on his own.)

So-called “representative democracy” puts too much power in too few hands: it’s intrinsically oligarchic (olig-arch from the Greek, few rule). The corruption is all over. Look at France. French Attorney General François Molins requested in mid-July the referral to the Court of Justice of the Republic of former Prime Minister Edouard Balladur and his former defense minister François Léotard in the Karachi corruption case (submarines against under the table cash for an electoral campaign). That was 23 years ago (and people, including French citizens, got killed in that case, dozens of them).

“Representative democracy” has to be used to some extent, but, overall, politics is too serious to be left to professional prostitutes alone to do as they please: direct, real democracy has to counterbalance representation.

Patrice Ayme

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Peter Schweizer, the author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends” (Harper), says:

“Without the aid of subpoena power, here’s what we know. The businesses of Hunter Biden and his partners created a series of LLCs involved in multibillion-dollar private equity deals with companies owned by the Chinese government.

The centerpiece of these deals is Rosemont Seneca Partners, an investment firm controlled by Hunter Biden and his associates: Chris Heinz, who is John Kerry’s stepson, and Heinz’s longtime associate Devon Archer [Heinz makes good ketchup, making Chris wealthy]. The trio founded Rosemont Seneca in 2009 and quickly began making deals through a series of overlapping entities under the Rosemont name.

Less than a year after opening Rosemont Seneca’s doors, Hunter Biden and Archer were in China meeting with top Chinese officials. To assist in their new venture, they partnered with a Massachusetts-based consultancy called the Thornton Group, headed by James Bulger, son of former Massachusetts state Sen. Billy Bulger. James Bulger has the dubious honor of being named after his uncle, the notorious mob hitman James “Whitey” Bulger.

The Thornton Group’s account of the meeting on their Chinese-language Web site is telling: Chinese executives “extended their warm welcome” to the “Thornton Group, with its US partner Rosemont Seneca chairman Hunter Biden (second son of the now Vice President Joe Biden).”

The purpose of the meetings was to “explore the possibility of commercial cooperation and opportunity.” Curiously, details about the meeting did not appear on their English-language Web site.

The timing of this meeting was also notable. It occurred just hours before Hunter Biden’s father, the vice president, met with Chinese President Hu Jintao in Washington as part of the Nuclear Security Summit.

Twelve days after Hunter stepped off Air Force Two in Beijing, his company signed a historic deal with the Bank of China, the state-owned financial behemoth often used as a tool of the Chinese government. The Bank of China had created a first-of-its-kind investment fund called Bohai Harvest RST (BHR). According to BHR, one of its founding partners was none other than Rosemont Seneca Partners LLC.

It was an unprecedented arrangement: the government of one of America’s fiercest competitors going into business with the son of one of America’s most powerful decisionmakers.

Chris Heinz claims neither he nor Rosemont Seneca Partners, the firm he had part ownership of, had any role in the deal with Bohai Harvest. Nonetheless, Biden, Archer and the Rosemont name became increasingly involved with China. Archer became the vice chairman of Bohai Harvest, helping oversee some of the fund’s investments.

Troublingly, some of those investments had major implications for national security.

In December 2014, BHR became an “anchor investor” in the IPO of China General Nuclear Power Corp. (CGN), a state-owned energy company involved in the construction of nuclear reactors. In April 2016, the US Justice Department would charge CGN with stealing nuclear secrets from the United States — actions prosecutors said could cause “significant damage to our national security.”

Of particular interest to CGN were sensitive, American-made components that, according to experts, resembled components used by the US on its nuclear submarines.

That Hunter Biden had no experience in China, and little in private equity, didn’t dissuade the Chinese government from giving his company a business opportunity in place of established global financial brands like Morgan Stanley or Goldman Sachs. In fact, the Chinese government wasn’t done funding deals with Hunter Biden.

Also in December 2014, a Chinese state-backed conglomerate called Gemini Investments Limited was negotiating and sealing deals with Hunter Biden’s Rosemont on several fronts. That month, it made a $34 million investment into a fund managed by Rosemont.

The following August, Rosemont Realty, another sister company of Rosemont Seneca, announced that Gemini Investments was buying a 75 percent stake in the company. The terms of the deal included a $3 billion commitment from the Chinese, who were eager to purchase new US properties. Shortly after the sale, Rosemont Realty was rechristened Gemini Rosemont.

Chinese executives lauded the deal.

“Rosemont, with its comprehensive real-estate platform and superior performance history, was precisely the investment opportunity Gemini Investments was looking for in order to invest in the US real estate market,” declared Li Ming, Sino-Ocean Land Holdings Limited and Gemini Investments chairman. “We look forward to a strong and successful partnership.”

The plan was to use Chinese money to acquire more properties in the United States. “We see great opportunities to continue acquiring high-quality real estate in the US market,” one company executive said. “The possibilities for this venture are tremendous.”

Finally, in 2015, BHR joined forces with a subsidiary of Chinese state-owned military aviation contractor Aviation Industry Corporation of China (AVIC) to buy American precision-parts manufacturer Henniges. Because Henniges manufactured technology with possible military applications, the transaction required approval by the Committee on Foreign Investment in the United States. CFIUS reviews are required for business transactions that have potential national security implications.

The Biden-Bank of China fact-pattern is arresting in its bravura and scale. Moreover, it turns out that the Biden dealings didn’t just take place in China, but in Ukraine, as well.

Consider the facts. On April 16, 2014, White House records show that Devon Archer, Hunter Biden’s business partner in the Rosemont Seneca deals, made a private visit to the White House for a meeting with Vice President Biden. Five days later, on April 21, Joe Biden landed in Kiev for a series of high-level meetings with Ukrainian officials. The vice president was bringing with him highly welcomed terms of a United States Agency for International Development program to assist the Ukrainian natural-gas industry and promises of more US financial assistance and loans. Soon the United States and the International Monetary Fund would be pumping more than $1 billion into the Ukrainian economy.

The next day, there was a public announcement that Archer had been asked to join the board of Burisma, a Ukrainian natural-gas company. Three weeks after that, on May 13, it was announced that Hunter Biden would join, too. Neither Biden nor Archer had any background or experience in the energy sector.

The younger Biden, for his part, tried to put the best possible face on the deal. He claimed that by joining the board of the natural-gas producer, he would “contribute to the economy and benefit the people of Ukraine.”

The choice of Hunter Biden to handle transparency and corporate governance for Burisma is curious, because Biden had little if any experience in Ukrainian law, or professional legal counsel, period. But that didn’t stop Burisma from paying the younger Biden what The New York Times has reported was as much as $50,000 a month while the company was under investigation by officials in both Ukraine and abroad.

Joe Biden’s trip to Kiev in March 2016, and his threats to withhold $1 billion in foreign aid if Ukrainian officials didn’t dismiss the country’s top prosecutor, Victor Shokin, take on added meaning when you consider that Shokin’s office had been leading an investigation into Burisma’s owner.

According to a recent New York Times report, Biden helped recruit an American consulting firm as well as former Deputy Attorney General John Buretta to help Burisma fight corruption charges. In an interview with the Kyiv Post, Buretta described his negotiations with Yuriy Lutsenko. Lutsenko became Ukraine’s general prosecutor after Joe Biden had lobbied for his predecessor’s removal. Apparently, the negotiations worked as the case was dismissed in the fall of 2016.

Joe Biden later bragged about his efforts to get Shokin removed, though he claims Shokin’s removal was needed due to his mishandling of a number of cases in Ukraine. Hunter Biden insists he never spoke to his father about the investigation into Burisma.

Will the Senate investigate Joe and Hunter Biden’s actions in China and Ukraine? We don’t know, but they should. If a two-year investigation of President Trump, Russia and the Trump family was justified to ensure the president isn’t compromised, an investigation into Joe Biden, China, Ukraine and the Biden family is imperative.”

Schweizer’s newest project is The Drill Down, an investigative video project dedicated to exposing cronyism and corruption.