Tag Archives: Peter Schweizer

Some Things To Consider About ‘The Pardon’

Posted on by

On Wednesday, Peter Schweizer posted an article at Breitbart about President Biden’s pardon of his son, Hunter. Peter Schweizer is the author of Profiles in Corruption, a book about corruption and money in Washington, D.C. He has done a lot of research into the Biden family and probably knows a lot about where the bodies are buried.

The article lists a number of things unique about the pardon:

1. The enormous scope. Not only was this for a family member, but it effectively made Hunter Biden immune anything he might have done for the past 10 years…

2. This is a proxy pardon that will extend to Joe Biden and other members of the Biden family.

3. The timing matters. Why does it specifically start with Jan. 1, 2014, and end Dec. 1, 2024? Because, Schweizer explains, right after the start date is when the money from China first began to flow.

4. A second bite at Hunter’s immunity deal.

5. Trump’s election triggered the pardon. Had Kamala Harris won the election, her administration would certainly have shut down any ongoing investigations by the Justice Department of a wide influence-peddling operation by members of the Biden family.

6. The criminal justice system does have a double standard, but not based on race or even wealth. It is based on political connections and family connections.

7. The mainstream media is dead. The airwaves and video streams are full of embarrassing examples of supposedly objective reporters and commentators applauding Biden in the past for refusing to pardon his son.

This pardon illustrates the rot that has accumulated in Washington, D.C., in recent years. President Trump was elected to clean out that rot. The establishment is Washington, D.C., will do everything it can to prevent President Trump from putting his people in place to clean up the mess. Be prepared for unbelievable personal attacks and smears against people who up to now have had spotless reputations.

Please follow the link above to read the entire article. The pardon will probably stand, but I hope the investigations into the influence peddling continue.

How Kamala Voted In Congress

Posted on by

On Monday, Breitbart posted an article about Kamala Harris’ voting record while she was in Congress.

The article reports:

Vice President Kamala Harris was rated the most liberal senator in 2019 — further left than even Sen. Bernie Sanders (I-VT) — according to a GovTrack scorecard.

Harris, whom President Joe Biden opted to back after announcing that he will not seek reelection after all, was viewed as the most liberal senator prior to her becoming vice president.

According to GovTrack, the ideology analysis assigns a score to lawmakers according to their “legislative behavior by whether they sponsor and cosponsor overlapping sets of bills and resolutions with other Members of Congress.”

“The score can be interpreted as a left–right scale measuring the dominant ideological difference or differences among Members of Congress, although of course it only takes into account a small aspect of reality,” it explains.

In a list of all 100 senators in 2019, Harris scored #100, winning the title of the most leftist senator. For greater perspective, Sanders came in right behind her at #99. On the flip side, Sen. Marsha Blackburn (R-TN) scored as the most conservative senator that year.

A breakdown of the rating found that Harris joined bipartisan bills “the least often compared to Senate Democrats,” as just 15 percent of the bills she cosponsored were introduced by a non-Democrat.

The breakdown also found that Harris “held the fewest committee positions compared to Senate Sophomores (tied with 1 other).” She also “was 3rd most absent in votes compared to All Senators.”

The article concludes:

New York Times bestselling author Peter Schweizer spoke about the reality of Harris’s political career during a Monday appearance on Breitbart News Daily, explaining that she has a history of “very frightening” activities as a prosecutor that show “collective favoritism to criminal networks and organizations linked to her political allies.”

“So my contention is that Kamala Harris as a prosecutor, she did the same thing as the Attorney General of California: Used her position not to protect the vulnerable but to actually protect the powerful people that put her in political office,” he said.

If you want political prosecutions to become the normal thing in America, Kamala Harris is the person you want to vote for.

Peter Schweizer Has A New Book Out

Posted on by

Peter Schweizer is one of the few investigative reporters left. He has a new book out, Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans. The book is carefully researched and footnoted.  It’s available on Amazon and other places. On Tuesday, Breitbart posted an article about the book.

The article reports:

The Biden family bagged $5 million from the business partner of the “White Wolf,” a Chinese criminal gang leader who helped create the fentanyl pipeline now decimating the United States, Peter Schweizer detailed in his new book, Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans.

While Joe Biden was vice president, the Bidens developed a business partnership with a Chinese tycoon named Ye Jianming, the chairman of CEFC China Energy Co., which had strong ties to the Chinese Communist Party. Throughout Ye’s relationship with the Bidens, he “showered” some members of the Biden family with money, Schweizer reported. Hunter Biden received a three-carat diamond worth $80,000; and in July 2017, Ye’s company gave the Bidens a $5 million, interest-free, forgivable loan.

Schweizer previously detailed the $5 million in his book Red-Handed: How American Elites Get Rich Helping China Win, as reported by Kristina Wong:

Furthermore, by July 2017, CEFC began making interest-free, forgivable loans to the Biden family. CEFC executive Zhao Running wrote that $5 million was intended as money lent to “the BD family,” not just Hunter Biden.

“This $5 million loan to the BD [Biden] family is interest free,” Zhao wrote.

Schweizer notes that “interest-free loans provide tremendous leverage because the lender can demand its money back if it is displeased by any action.”

Hunter spoke to Ye on a “regular basis” and Ye helped Hunter “on a number of his personal issues” including unspecified “sensitive things,” Hunter explained in emails. Joe Biden also attended a meeting with Hunter, additional business partners, and Ye, Hunter’s business partner Rob Walker told U.S. House of Representative investigators in 2023. “I don’t remember the exact time, but I remember being in Washington, DC, and the former vice president stopped by. We were having lunch,” Walker testified.

But Ye also enjoyed a partnership with the former leader of a Chinese triad called the United Bamboo Gang (UBG), Schweizer detailed in Blood Money.  Ye’s partner’s name was Zhang Anle or, as he is commonly known, the “White Wolf.”

This is a very interesting book.

Some Progress In An Ongoing Investigation

Posted on by

On Tuesday, Breitbart reported that the Treasury Department will comply with the request of the House Oversight Committee’s request to hand over the suspicious activity reports (SARs) generated by the Biden family and their associates’ business transactions.

The article reports:

The Treasury’s compliance to disclose the SARs is a massive development in the House Oversight Committee’s investigation into the Biden family business to determine if President Joe Biden is compromised by communist China. The committee is investigating the Biden family business for nine violations, including wire fraud and money laundering.

U.S. banks have flagged over 150 SARs from Hunter and James Biden that included “large” amounts of money tagged for further review by the Treasury. SARs “often contain evidence of potential criminal activities, such as money laundering and fraud,” according to a 2020 Senate report.

The suspicious records will provide details about how the family business operates and desired transparency on Hunter, James, and Frank’s foreign business transactions, along with knowledge of whether Joe Biden remains compromised by foreign governments through his family’s business.

The article concludes:

In 2018 and 2020, Breitbart Senior Contributor and Government Accountability Institute President Peter Schweizer published Secret Empires and Profiles in Corruption. Each book hit #1 on the New York Times bestseller list and exposed how Hunter Biden and Joe Biden flew aboard Air Force Two in 2013 to China before Hunter’s firm inked a $1.5 billion deal with a subsidiary of the Chinese government’s Bank of China less than two weeks after the trip. Schweizer’s work also uncovered the Biden family’s other vast and lucrative foreign deals and cronyism.

Breitbart Political Editor Emma-Jo Morris’s investigative work at the New York Post on the Hunter Biden “laptop from hell” also captured international headlines when she, along with Miranda Devine, revealed that Joe Biden was intimately involved in Hunter’s businesses, appearing to even have a ten percent stake in a company the scion formed with officials at the highest levels of the Chinese Communist Party.

I guess the deep state really doesn’t want President Biden to run for re-election in 2024.

What Insider Trading?

Posted on by

Oh to have the stock trading success of Paul Pelosi. On Tuesday, Just the News reported that Paul Pelosi (husband of Speaker of the House Nancy Pelosi) just made a really smart stock purchase.

The article reports:

Paul Pelosi, House Speaker Nancy Pelosi’s husband, purchased between $1 million and $5 million of stock in a semiconductor company ahead of an upcoming vote on legislation containing $52 billion for chipmakers — the latest in a long history of similar purchases.

…Pelosi’s husband made headlines when he purchased a substantial amount of tech stock last year under his wife’s speakership. Pelosi made millions on “timely” bets with Big Tech stock buys in advance of an antitrust bill that was moving through the House, according to a Fortune report from July 2021. 

The antitrust legislation ultimately stalled, but Pelosi tech stock buys have continued throughout this year. In March, the speaker disclosed that her husband bought Apple as well as Disney and PayPal shares. 

Retail traders track Pelosi’s trades to “find winners,” Yahoo reported.

The article notes:

There are several bills still pending in Congress that impose some form of a ban on lawmakers making individual stock purchases, but some would not cover spouses. 

Peter Schweizer, author of the 2011 book “Throw Them All Out,” was instrumental in educating the public about the lack of stock trading laws applicable to members of Congress. After his book was published, Congress passed the STOCK Act, and former President Obama signed it into law. The bill is designed to prevent insider trading, but it doesn’t ban members of Congress or their spouses from buying individual stocks. Under the bill, lawmakers are required to file financial disclosure reports that show the purchases made. 

Schweizer has long called on Congress to prohibit lawmakers and their spruces [sic] from trading individual stocks. 

The article concludes:

Pelosi’s office has said she had “no prior knowledge” of her husband’s stock purchase.

“The speaker does not own any stocks,” said Pelosi spokesman Drew Hammill, according to FOX Business. “As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions.” 

The legislation with the funding for chipmakers is designed to shore up America’s semiconductor supply chain to better compete with China. The House passed its version of the America COMPETES Act earlier this year. The Senate passed their own version last June. A conference committee is preparing the final legislation, which could be voted on as early as this week.

The article notes:

Retail traders track Pelosi’s trades to “find winners,” Yahoo reported.

I think Martha Steward should ask for her jail time back.

 

This Needs To Happen

Posted on by

Yesterday American Greatness posted an article about President Trump’s fiscal 2021 budget proposal.

The article reports:

In the proposal, “Trump will seek to make a 21 percent cut in foreign aid which seeks $44.1 billion in the upcoming fiscal year compared with $55.7 billion enacted in fiscal year 2020,” an administration official said. Aid to Ukraine would remain at its 2020 levels under the new proposal.

The White House wants to boost funding for the U.S. International Development Finance Corporation (DFC) to $700 million compared to $150 million the previous year, said Russell Vought, the acting head of the Office of Management and Budget.

…The DFC was formed in large part to counter China’s growing economic influence. It serves as a development bank that partners with the private sector to provide loans in developing countries. It also serves as an alternative financing option to what the United States sees as predatory practices from China.

U.S. officials want to counter the soft power China has wielded with such loans and help countries avoid what they consider Beijing’s “debt trap” diplomacy in which countries give up control of ports, roadways, or other major assets when they fund infrastructure projects with Chinese loans that they cannot pay back.

Obviously, based on the recent behavior of the Democrats in the House of Representatives, the proposed budget will be dead on arrival. However, there is something else in play here. Who is impacted by a cut in foreign aid? I have stated before that an investigative reporter with good contacts needs to look at the corporations involved in the construction projects paid for by foreign aid to see if family members of Congressmen are involved in those corporations. It is quite possible that a cut in foreign aid could directly impact the income of the extended families of our Congressmen. Peter Schweizer has done some of this investigation and written the book Profiles in Corruption. More investigations are needed.

If there is a serious discussion of cuts to foreign aid when the budget proposal is brought up in the House of Representatives, pay attention to which Representatives strongly oppose the cuts to foreign aid. That could be very telling,

Inquiring Minds Want To Know…

Posted on by

Yesterday Breitbart reported that the book Profiles in Corruption: Abuse of Power by America’s Progressive Elite hit #1 on Amazon Saturday, despite the fact that the book’s official release is still over a week away.

The article reports:

Very little is publicly known about the book’s contents. Government Accountability Institute President and Breitbart News senior contributor Peter Schweizer and his investigative team spent a year and a half researching it. A source close to the publisher said the book’s contents will “upend official Washington” and that Schweizer’s prior bombshell revelations about Hunter Biden were “just the tip of the iceberg.” The book is said to contain brand new evidence that five members of Joe Biden’s family—the “Biden Five”—scored “tens of millions of dollars” in taxpayer cash and guaranteed loans.

Mike Allen of Axios, who exclusively announced HarperCollins’ forthcoming release of Profiles in Corruption, reported that the book’s table of contents includes chapters on leading progressives, including:

    • Joe Biden
    • Eric Garcetti
    • Cory Booker
    • Elizabeth Warren
    • Sherrod Brown
    • Bernie Sanders
    • Amy Klobuchar

If Schweizer’s next book is anything like his four previous consecutive New York Times bestsellers, Washington will feel its shockwaves. Secret Empires exposed Joe and Hunter Biden’s Ukraine and China dealings, touching off a firestorm of coverage about Hunter Biden’s $83,000 a month work on behalf of Ukranian energy giant Burisma while Joe Biden led U.S.-Ukraine policy as vice president. Clinton Cash sparked an FBI investigation into the Clinton Foundation and uncovered the Uranium One scandal. Extortion led to lawmakers retiring. And Throw Them All Out pulled back the curtain on insider trading by members of Congress and led to the passage of the STOCK (Stop Trading on Congressional Knowledge) Act.

I can’t wait.

A List The Media Does Not Want You To See

Posted on by

Breitbart posted an article today titled, “Five Times Hunter Biden’s Business Dealings Presented a Conflict of Interest for Joe Biden.”

Please follow the link to the article for the details, but here is the list:

1. Joe Biden’s top campaign contributor hired Hunter fresh out of law school.

The article notes that credit card issuer MBNA Corp. hired Hunter Biden for an undisclosed position, despite the fact that Hunter had no background in either banking or business. Hunter Biden left the company in 1998 to join the Clinton-era Commerce Department it was as a senior vice president.

2. Hunter Biden was on MBNA’s payroll while Joe Biden was writing bankruptcy reform legislation. 

3. Hunter Biden sought to monetize off his father’s political standing on Wall Street. 

In 2006, shortly before Joe Biden assumed the chairmanship of the Senate Foreign Relations Committee and launched his second presidential campaign, Hunter purchased a hedge fund called Paradigm Global Advisors with his uncle, James. Although neither had a strong background in finance, James and Hunter believed they could leverage Joe Biden’s political connections to their benefit.

“Don’t worry about investors,” James Biden, the former vice president’s younger brother, purportedly told Paradigm’s senior leadership upon taking over the fund, as reported by Politico. “We’ve got people all around the world who want to invest in Joe Biden.”

This sort of philosophy might explain why many of our Congressmen enter Congress as members of the Middle Class and leave as millionaires.

4. Hunter Biden’s firm scored a $1.5 billion deal with the Bank of China only days after his father paid an official visit to the country. 

Peter Schweizer’s book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends gives the details of the transaction.

5. The Obama-Biden administration helped facilitate the sale of U.S. company with insight into military technology to BHR and a Chinese state-owned defense firm. 

…The sale required approval from the Obama-Biden administration’s Committee on Foreign Investment in the United States (CFIUS) as AVIC was a subsidiary of the Chinese government and Henniges produced “dual-use” anti-vibration technology with U.S. “military applications.” CFIUS, which is made up of representatives from 16 different federal bodies including the departments of State, Treasury, and Defense, is required to review any transaction with national security implications.

When the AVIC and BHR’s bid was first announced, alarm bells went off in certain sectors of the defense industry. In particular, many noted that AVIC was “reportedly involved in stealing sensitive data regarding the Joint Strike Fighter program,” which it later “reportedly incorporated … into China’s J-20 and J‑31 aircraft.”

Despite the national security concerns, CFIUS approved the deal with AVIC purchasing 51 percent of the company and BHR taking ownership of the other 49 percent. Upon purchase, an industry newsletter stated the deal was the “biggest Chinese investment into US automotive manufacturing assets to date.”

Although the deal was approved by the Obama administration, it has not escaped congressional scrutiny. In August, Senate Finance Committee Chairman Chuck Grassley (R-IA) launched a probe into whether or not the CFIUS decision was influenced by either Joe Biden or former Secretary of State John Kerry, whose stepson was also involved in the venture.

“The direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of Henniges by the Chinese government creates a potential conflict of interest,” Grassley noted when launching the probe.

Become a public servant and help your family become wealthy. Somehow I don’t think that is what servanthood is about.

The Name Not Usually Mentioned

Posted on by

As we wade through the fertilizer the mainstream media is scattering about Hunter Biden’s job working with the Ukraine, we also hear that one of Hunter Biden’s business partners was Christopher Heinz. (Note: The Washington Examiner posted an article on August 27, 2019, stating that after the Ukrainian deal, Christopher Heinz cut his business ties with Hunter Biden). The was also another person involved in the Ukrainian transactions.

On May 13, 2019. The Washington Free Beacon reported:

Former vice president Joe Biden’s son Hunter Biden partnered with infamous mobster Whitey Bulger’s nephew and former secretary of state John Kerry’s stepson for his lucrative business deal with the Bank of China, according to reporter Peter Schweizer’s latest book.

Schweizer points to the business deal with state-owned Bank of China, a $1.5 billion private equity investment, as a possible reason why the current presidential candidate has adopted a conciliatory attitude toward China. The lucrative deal between the Bank of China and Hunter Biden’s company was inked in 2013 just weeks after Joe Biden brought his son along on an official trip to China.

Schweizer also lays out the interesting cast of characters who partnered with Biden for the deal, such as the Thornton Group consulting firm, which is headed by James Bulger. The son of Massachusetts state senator Billy Bulger, James is named after his uncle James “Whitey” Bulger, who was killed in prison late last year after a decades-long career in the mob that landed him on the FBI’s Most Wanted list.

Also partnered with Biden is Chris Heinz, the stepson of John Kerry. Biden and Heinz control Rosemont Seneca Partners, the private equity firm that received billions of investment dollars from China.

The cast of characters in this story is very interesting.

The following video is posted at YouTube. I am posting it here in case YouTube removes it. It is Joe Biden bragging about stopping the Ukrainians from investigating the company his son was involved with.

Meanwhile the media is attempting to blame President Trump for talking to the Ukrainian leadership about corruption.

Another Democrat Candidate

Posted on by

Recently Tom Steyer announced that he was running for President as a Democrat. The millionaire is running on a ‘5 Rights’ agenda. According to The Washington Times, the ‘5 Rights’ are:  “unencumbered access to voting, clean air and water, education, a living wage and healthcare to be constitutionally protected for every American.”

Tom Steyer portrays himself as an environmentalist who opposes the use of coal for energy, but his history tells another story.

Yesterday Breitbart posted the following:

Despite marketing himself as an “environmental justice” advocate combating “climate change,” billionaire Democrat presidential candidate Tom Steyer oversaw the funding of coal plants in Australia, China, and Indonesia during his tenure as CEO of hedge fund Farallon Capital Management.

Steyer also bought and sold coal stocks during the Obama administration’s “war on coal,” explained Peter Schweizer, president of the Government Accountability Institute and senior contributor at Breitbart News, in episode four of the Drill Down.

There is nothing wrong with funding coal plants, but the hypocrisy is another example of the ‘rules for thee, but not for me’ attitude held by so many in the political class.

The article concludes:

Steyer also circumvented conflict-of-interest regulations prohibiting American advisers from investing in countries they were assisting following the collapse of the Soviet Union and subsequent privatization of Russian industries. Larry Summers, former president of Harvard University and economics adviser to the Obama administration, was tasked with overseeing Russian industries’ presumed shift towards free market operations. Steyer worked with Summers’ wife, possibly gleaning insider information upon which to make investment decisions.

“It’s a classic maneuver of crony capitalism,” said Schweizer of Steyer’s evasion of the aforementioned conflict-of-interest regulations.

Please follow the link to read the entire article. Tom Steyer is not someone we want in the White House.

An Obvious Conflict Of Interest

Posted on by

Senator Mitch McConnell does not like tariffs. He does not like them on China where they are levied in an attempt to level the playing field on trade, and he does not like them on Mexico where they are being levied in an attempt to stop the flow of illegals and drugs over our southern border.

Unfortunately, the meme below is not a joke:

An article posted at Breitbart today explains the problem. Senator McConnell is married to Transportation Secretary Elaine Chao.

In the article, Peter Schweizer explains why that is important:

Schweizer highlighted Transportation Secretary Elaine Chao, who is married to McConnell, as illustrative of what he described as widespread political conflicts of interest between sitting American officials and foreign governments.

“The Chao family are deeply embedded commercially and financially with the Chinese government,” explained McConnell. “The Chinese government essentially set them up in the shipping business. Their ships — these are large cargo ships that transport a large amount of goods around the Pacific.”

Schweizer added, “The Chinese government is financing the building of these ships for the Chao family business. They provide crews for these chips, and they provide contracts to ship steel and other products around the Pacific.”

The Foremost Group is a shipping business founded by James Chao, Elaine Chao’s father. The Chao family business primarily revolves around China, necessitating “deep ties to the economic and political elite in China,” according to a Sunday-published New York Times report.

“[The Chao family’s shipping business] started out in the early 1990s with just a couple of vessels, a couple of large cargo ships,” said Schweizer. “They now have, by some estimates, 35 or 36, many of those built by the Chinese government. The estimates are that hundreds of millions of dollars in financing is done by the Chinese to build these ships, and that they give them preferential treatment.”

Schweizer explained, “Business in China is done with a political purpose. The China State Shipbuilding Corporation is controlled by the government, by the Communist Party, and they do business deals with people in the West with the expectation that they will get things in return.”

That is called a conflict of interest. So what is Senator McConnell’s problem with the Mexican tariffs? Many Republicans have aligned themselves with the U.S. Chamber of Commerce which supports our porous southern border as a source of cheap labor. There has never been a border wall because Republican business men who contribute to political campaigns want cheap labor and Democrats want future voters.

This Shouldn’t Surprise Anyone

Posted on by

On Friday, Investor’s Business Daily posted an editorial about the Clinton Foundation. The editorial deals with the drop in donations to the Foundation after Hillary Clinton lost her bid for the Presidency.

The editorial reports:

Controversy over the foundation erupted after Peter Schweizer’s 2015 book — “Clinton Cash” — suggested that the foundation served as a way for donors to curry favor with then Secretary of State Hillary Clinton.

And, indeed, the multitude of connections that slowly turned out became hard to dismiss as coincidental. There was the fact that 85 of the 154 private interests who’d met with Clinton during her tenure at state were Clinton Foundation donors.

Emails turned up showing how the foundation intervened to arrange a meeting between Clinton and the Crown Prince of Bahrain, a country that had been a major foundation donor. A Chicago commodities trader who donated $100,000 to the foundation got a top job on a State Department arms control panel, despite having no experience in the area. On and on it went.

The editorial concludes:

But the most glaring indictment of the Clinton Foundation came from what happened last year, after Hillary Clinton lost the election — and effectively ended her political career.

First, the Clinton’s almost immediately shuttered the Clinton Global Initiative and laid off 22 employees.

Now, fresh financial documents show that contributions and grants to the Clinton Foundation plunged since Hillary lost her election bid. They dropped from $216 million in 2016 to just $26.5 million in 2017 — a stunning 88% fall. Throughout Clinton’s tenure as Secretary of State, the foundation pulled in an average of $254 million a year. (See chart below for a timeline.)

If the Clinton Foundation was as good as defenders claimed, why did all its big-time donors suddenly lose interest? The only reasonable explanation is that donors weren’t interested in what the foundation supposedly did for humanity. They were interested in the political favors they knew their money would buy.

In April 2015, The New York Post reported:

The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.

In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission.

At one time there was an investigation into the Clinton Foundation. I have no idea whether or not it is ongoing. However, just looking at the amount of money spent on overhead and the rapid drop in donations when Hillary was not elected President, I think there are some obvious conclusions that anyone paying attention can draw about the Foundation.

Ever Wonder How Congressmen Become Millionaires On Less Than $200,000 A Year?

Posted on by

There are strong laws on the books to prevent lawmakers in Washington from profiting from their jobs in ways that are not ethical. However, there are no laws on the books to prevent the families of lawmakers in Washington from totally taking advantage of their relative’s position. Peter Schweizer has written a book titled Secret Empire which sheds light on some of the unsavory financial activities of some of our politicians.

Yesterday Fox News posted an article about the book discussing how laws and regulations can be used to enrich friends and family.

The article lists a few specific examples:

Schweizer said the Vistria Group, run by Obama’s best friend, Marty Nesbitt, drove the for-profit school University of Phoenix into the ground and then swooped in to buy it.

 “They come in, they buy it for pennies on the dollar and low and behold, the Obama administration says, ‘You know what, we think we’re going to let GI money float again back to the University of Phoenix,’” he said.

…Schweizer said the level of corruption extended to former Vice President Joe Biden and former Secretary of State John Kerry after both leaders negotiated with China on trade issues.

“At this time the sons, or in one case, John Kerry’s close aide, are involved in businesses that involve multi-billion dollar deals with the Chinese government,” he said on “Lou Dobbs Tonight.”

Schweizer claims that 10 days after Biden flew to Beijing, his son, Hunter Biden, scored a $1.5 billion private equity deal from the Chinse government.

Senate Majority Leader Mitch McConnell and his wife, current US Transportation Secretary Elaine Chao, are also mentioned in the book. The book details the couples close relationship to China through Elaine Chao’s family.

The New York Post reported on March 17th:

As Schweizer tells it, the Chao family fortune derives from the Foremost Group, a shipping company that Chinese native James Chao, a classmate of former Chinese president Jiang Zemin at Jiao Tong University, founded in New York in 1964. Chao remains Foremost’s chairman today, and his daughters Angela and Christine are the company’s deputy chairwoman and general counsel, respectively. Elaine Chao worked there in the 1970s, and has been quoted as saying, “Shipping is our family tradition.”

It really is time to begin again in Washington. The only people who should be allowed to stay in Congress are people whose net worth has not increased more than 10 percent during their terms of office. (Of course then you could make the argument that they simply did not take advantage of the opportunities around them!)

At any rate, it really is time to drain the swamp (and to understand that both political parties are involved in the swamp).

Voter Fraud Investigated

Posted on by

Breitbart posted an article today about a recent study of voter fraud in America.

The article reports:

Government Accountability Institute (GAI) President Peter Schweizer, also a Breitbart News senior editor-at-large, discussed a new report on Tuesday’s Breitbart News Daily. The report documents 8,400 cases of double voting in the 2016 election.

“We took an extremely conservative metric, and we hired a data company and said, “Let’s look at who actually voted in 2016, and can we find people that had the same first name, middle name, last name, date of birth, and the data company has access to partial Social Security numbers?” Schweizer said of the GAI’s methodology.

“Can we find examples of people who double voted, just using that metric? Because if all those things line up, the data company tells you it’s basically 100 percent it’s the same person,” he said.

“We were able to get data from 20 states, and we found 8,400 examples where those metrics matched,” Schweizer revealed.

Keep in mind that this number is strictly double registrations. We have no idea how many non-citizens voted in the last election. Actually, even voter id would not have prevented this voter fraud. Voter id targets people who are not legally entitled to vote or people voting using other people’s names.

Our biggest problem in the last election was not Russian interference–it was misguided Americans committing voter fraud.

 

Who Really Profited From The Auto Bailout ?

Posted on by

Breitbart.com posted an article yesterday revealing some interesting statistics about the auto industry bailout. Government Accountability Institute President Peter Schweizer investigated the bailout to see where the money went and how much taxpayers actually lost.

The article reports:

The government’s actions involving Chrysler resulted in a net loss to taxpayers of $2.9 billion, and the government is currently sitting on a $14.5 billion loss for its actions involving General Motors. But Mr. Schweizer says few Americans realize the backroom deals the Administration cut that created a flood of cash for well-connected Obama cronies.

For example, the GM bailout was handled not by automotive experts but by New York investment firm Evercore Partners. The firm is headed by Obama bundler and former Assistant Treasury Secretary Roger Altman and Obama mega fundraiser Ralph Schlosstein. GM paid Evercore $46 million in advising fees and billed the car company another $17.9 million for a “success fee,” despite the fact that Evercore never found GM a purchaser or funder. 

Unfortunately the unions and the political bundlers were the winners in the auto industry bailout. Had the auto industry been required to follow normal bankruptcy procedures as stated in Chapter 11, those involved would have been forced to be accountable for the money they spent. The auto bailout is the poster child for crony capitalism–it is nothing to brag about.

Enhanced by Zemanta

I Guess It Really Does Matter Who Your Friends Are

Posted on by

Yesterday Breitbart.com posted an article some of the inner connections between Jon Corzine and the Obama Administration.

In November rightwingganny.com reported:

Today’s Wall Street Journal (this is a subscriber only article) is reporting that MF Global Holdings Ltd. shifted hundreds of millions of dollars in customer funds to its own brokerage accounts in the days before its bankruptcy filing. That is illegal.

However, there are no signs of a serious investigation into exactly what was done at MF Global or what Jon Corzine’s involvement was in whatever was done. How come?

Some interesting facts stated in the article at Breitbart.com:

…the now-defunct MF Global was a client of Attorney General Eric Holder and Assistant Attorney General Lanny Breuer’s former law firm, Covington & Burling.

Records also reveal that MF Global’s trustee for the Chapter 11 bankruptcy retained as its general bankruptcy counsel Morrison & Foerester–the very law firm from which Associate Attorney General Tony West came to DOJ.

As Government Accountability Institute President Peter Schweizer explains in the Washington Times Thursday, the trustee overseeing MF Global’s bankruptcy is former FBI Director Louis Freeh. At Holder’s Senate confirmation hearing Freeh served as a character witness for Holder and revealed that Holder had previously worked for Freeh. “As general counsel,” Freeh said, “I could have engaged any lawyer in America to represent our bank. I chose Eric.”

 This doesn’t sound as if we will ever get to the truth. However, there is hope.

The article further reports:

At least 65 members of Congress have already signed a letter to Attorney General Eric Holder requesting that he appoint a special prosecutor to investigate MF Global’s collapse and the loss of $1.6 billion in customer money. What’s more, even progressives have begun to wonder whether Holder’s Covington & Burling connection explains why the Department of Justice has not charged, prosecuted, or jailed a single Wall Street executive after the biggest financial collapse in American history.

 I am not sure who the current Department of Justice is currently representing, but I have a feeling that it is not the average American.

Enhanced by Zemanta

“Throw Them All Out”

Posted on by
Seal of the Speaker of the United States House...

Image via Wikipedia

“Throw Them All Out” is the name of a recent book by Peter Schweizer. It deals with insider trading and crony capitalism in our government. There are multiple stories on the internet about this book and its information, my sources are CBN News and Big Government.

CBN cites the following examples:

When California Democrat Nancy Pelosi was House speaker in 2008, she got preferred treatment to invest in a credit card company at the same time Congress was considering credit card legislation.

Another former House speaker, Republican Dennis Hastert, returned to his home state of Illinois after making millions on a land deal that involved a congressional earmark.

Big Government reports:

Media Matters has offered up a ridiculous post that tries to distort the fundamental facts about Barack Obama’s green energy program. I hesitated whether to even comment on it because they fail in the basic tenets of honest journalism. George Soros is a large contributor to Media Matters.

The article at Big Government lists the approved loans to green energy companies that included major fund raisers for the Obama campaign. All of these loans did not go through for various reasons, but all were approved.

I’m not really supporting the idea of throwing them all out. There were some Congressmen elected in 2010 that are not involved in this sort of thing. There are also some Congressmen that have been there for a while who have not used their offices for personal gain. We need to make sure we differentiate between those who have been dishonest and those who have not. I am, however, willing to throw anyone out who has profited because of insider knowledge or has used their office for personal gain. We just need to make sure we do our homework before we throw anyone out of office!

Enhanced by Zemanta