Tuesday, August 20, 2019

"Not your run-of-the-mill cronyism!" How China gets our national security assets

Quoting Peter Scheizer, Breitbart has a story today about how Joe Biden's son got rich by helping the Chinese military.
It’s truly shocking. It’s not just your run-of-the-mill cronyism and a guy getting rich because of who his dad is. These are very serious national security issues and the Bidens just, frankly looked the other way and were glad to take the money.”

...China politically sanitizes its foreign acquisitions by involving family members of American politicians in its deals, explained Schweizer.

...Schweizer continued, “Hunter Biden got this deal with the Chinese government to set up this investment fund. They didn’t give it to Goldman Sachs or JP Morgan or anyone else that had far more experience. it’s because they didn’t need experience. What they needed was political cover, and Hunter Biden was apparently prepared to give them that cover. … This is a bipartisan problem, and you’re going to have political figures and their family members who are going to be all too glad to essentially sell out the national security interests to the United States if they can make a killing with an investment.”

...Schweizer concluded, “A guy like Joe Biden who’s been in public life for more than 30 years in government office … has to disclose a $500 campaign contribution. He has to disclose a $200 campaign contribution. He has to disclose that he owns like a $1000 in GE stock, and we have these rules because we need to know what entanglements or what relationships or connections there are between a politician like Joe Biden and his donors, so he needs to disclose that. And isn’t this good that we have this transparency? But a billion-dollar-plus deal that his adult son does with a foreign government — the Chinese government, that is our chief rival — there’s no disclosure requirement for that. None. Zip. Nada. That shows you how crazy the situation has become.”
Read more here.

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