Posts Tagged ‘Bidenmoney’

By John Ruberry

“Of course he’s worried about it, the laptop that they found from Hunter is basically a step-by-step description of one of the biggest influence-peddling schemes in history. I mean, the fact is that influence-peddling has been a Biden family business for a long time. They have been rather notorious and open about it. I mean, the Fords are known for cars and the Coors are known for beer, and the Bidens are known for influence-peddling, and it’s an entire family affair.” Jonathan Turley, George Washington University Law School professor.

“I don’t think there’s a lot of things that would have happened in my life if my last name wasn’t Biden.” Hunter Biden.

“I pray Heaven to bestow the best of blessings on this house and all that shall hereafter inhabit it. May none but honest and wise men ever rule under this roof.” John Adams.

The fictional Corleone family of The Godfather books and movies had a front business, Genco Olive Oil. The Biden family has politics as its legitimate front, specifically Joe Biden’s career in Washington as a senator, vice president, and now president. 

Hunter Biden, notoriously served on the board of Burisma Holdings, a Ukrainian energy firm, even though the president’s troubled son had no experience in energy. Hunter doesn’t speak Ukranian. But as vice president, Joe was President Obama’s point man for Ukraine. China is America’s chief geopolitical foe, but Hunter had extensive business dealings with Chinese firms, and that means also the Chinese government, as the ChiComms have their fingers in every large business there.

And in one proposed Chinese deal discovered on the Hunter Biden laptop, there would be “10 held by H for the big guy.” According to Tony Bobulinski, a former Hunter business associate, “the big guy” is “Middle Class Joe,” the 46th president–Joe would collect 10 percent. In that same deal another 10 percent would go to Jim Biden, one of the president’s brothers.

Last week CNN–yes, CNN–reported that Jim Biden “touted his connection with his politically powerful brother, former business associates say.”

And then there is Frank, Joe’s youngest brother. In that same CNN story, it tells of Frank bragging in 2021 about “the bully pulpit that I have as a result of the privilege of being associated with my brother Joey.”

Also in 2021, WFTX-TV in Florida revealed, “the Berman Law Group of Boca Raton regularly touts their ties with the president–featuring Frank and his family connections–on their website and in promotional materials.”

Two days ago, additional classified documents were discovered in Joe Biden’s Wilmington, Delaware home, which Hunter once claimed as his residence.

Were those documents accidentally there? Or is something nefarious going on?

By now it should be clear what the Biden family business really is: Influence-peddling.

The first batch of docs were found at the Biden think tank office in Washington just before the November elections and the White House, including “the big guy,” knew about it and said nothing until CBS broke the news ten days ago. 

John Ruberry regularly blogs at Marathon Pundit.

By Christopher Harper

Even if Joe Biden didn’t steal the election, he certainly bought it through a record-breaking amount from anonymous donors whom Democrats have decried for years until 2020.

A Bloomberg investigation, which not so ironically came after the election rather than before it, noted that “the public will never have a full accounting of who helped him win the White House.”

Biden’s winning campaign received $145 million in so-called “dark money donations,” or roughly 10 percent of his record-breaking campaign chest of $1.5 billion. 

Biden’s haul of dark money dwarfed the $28.4 million spent on behalf of Donald Trump tops the previous record of $113 million in anonymous donations backing Republican presidential nominee Mitt Romney in 2012.

In the past, many Democrats wanted to ban dark money since it allowed supporters to quietly back a candidate without scrutiny and obtain undue influence over victorious candidates. But in their effort to defeat Trump in 2020, they embraced dark money.

For example, Bloomberg reported that Priorities USA Action Fund, the super political action committee that Biden designated as his preferred vehicle for outside spending, used $26 million in funds originally donated to its nonprofit arm, called Priorities USA, to back Biden. The donors of that money do not have to be disclosed.

Guy Cecil, the chairman of Priorities USA, was unapologetic in comments to Bloomberg. “We weren’t going to unilaterally disarm against Trump and the right-wing forces that enabled him,” he said.

Campaign finance laws are supposed to limit the influence big money has over politicians. But the system has gaping loopholes, which groups backing Biden exploited.

In fact, the Biden campaign called for banning some types of nonprofits from spending money to influence elections and requiring that any organization spending more than $10,000 to influence elections to register with the Federal Election Commission and disclose any donors.

Overall, Democrats received $326 million in dark money, according to the Center for Responsive Politics. That was more than twice the $148 million that supported Republican groups. 

Bloomberg found that Future Forward PAC, a super-PAC that spent $104 million backing Biden, got $46.9 million Facebook co-founder Dustin Moskovitz, $3 million from Twilio Chief Executive Officer Jeff Lawson, and $2.6 million from Eric Schmidt of Alphabet, the parent company of Google. But the most significant source of funds was from a sister nonprofit, Future Forward USA Action, which contributed $61 million. The names of those who put up the $61 million don’t have to be disclosed.

I guess you aren’t exactly stealing an election if you buy it with questionable donations, but it’s awfully close.

The Biden money tree

Posted: September 29, 2020 by chrisharper in elections, Uncomfortable Truths
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By Christopher Harper

As DaTimes delves into the illicitly obtained tax returns of Donald Trump, the news organization has failed to analyze the finances of Joe Biden, who heralds himself as the “common man.”

That common man and his wife made more than $30 million over the past two years through book deals and speeches, costing about $100,000 a pop.

What is appalling is all the information about the Biden family and its shenanigans that DaTimes fails to follow up on, preferring instead to continue its partisan attacks on Trump.

As I delved into the Biden family finances, I was surprised to find the most detailed account in POLITICO before it jumped on the Biden bandwagon. See https://www.politico.com/magazine/story/2019/08/02/joe-biden-investigation-hunter-brother-hedge-fund-money-2020-campaign-227407

As the former vice president rolled out his tired speeches for another run, POLITICO analyzed the sleazy back story of how Biden’s family took advantage of his government positions.

That story is far more than Hunter’s recent antics in China and Ukraine. The story goes back to Biden’s first days in the Senate.

As POLITICO puts it in the 2019 investigation, “[V]entures, over nearly half a century, have regularly raised conflict-of-interest questions and brought the Biden family into potentially compromising associations. This investigation offers the most comprehensive account to date of the politically tinged business activities of Biden’s brother and son, and is the first time former associates of James and Hunter have alleged that the pair explicitly sought to make money off of Joe’s political connections.”

As Joe was entering the Senate in 1973, including a seat on the Banking Committee, his younger brother James operated Seasons Change night club with help from unusually generous bank loans.

From 2001 to 2008, Hunter worked as a Washington lobbyist for the banking industry—a period when Joe pushed a sweetheart deal on bankruptcies that benefited his son’s employer, MBNA.

James and Hunter take over Paradigm Global Advisors as Joe sat on the Senate Foreign Relations Committee. Paradigm was the first of several such companies that James and Hunter used to expand into China, Ukraine, and elsewhere, riding on the coattails of Joe’s government position.

With his brother as vice president, James joined HillStone International, which in 2011, obtained a $1.5 billion deal to build houses in Iraq.

In 2013, Hunter traveled to Beijing with his father on official business. While there, he introduced his father to his Chinese business partner, Jonathan Li of Bohai Capital, with whom he had concluded a lucrative real estate deal.

In March 2014, Russia invaded Crimea’s Ukrainian peninsula, and Joe led the Obama Administration response. A month later, Ukrainian gas company Burisma Holdings gave Hunter Biden a lucrative board position worth $600,000 a year.

Perhaps DaTimes should expend the same amount of effort in unraveling the Biden family’s fortune as it did on Donald Trump.