{"id":32879,"date":"2018-03-21T08:36:40","date_gmt":"2018-03-21T12:36:40","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=32879"},"modified":"2018-03-21T08:36:40","modified_gmt":"2018-03-21T12:36:40","slug":"ever-wonder-how-congressmen-become-millionaires-on-less-than-200000-a-year","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=32879","title":{"rendered":"Ever Wonder How Congressmen Become Millionaires On Less Than $200,000 A Year?"},"content":{"rendered":"<p>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&#8217;s position.\u00a0<a class=\"zem_slink\" title=\"Peter Schweizer\" href=\"http:\/\/inthefaceofevil.com\/\" target=\"_blank\" rel=\"homepage noopener\">Peter Schweizer<\/a> has written a book titled <span style=\"text-decoration: underline;\">Secret Empire<\/span> which sheds light on some of the unsavory financial activities of some of our politicians.<\/p>\n<p>Yesterday <a href=\"https:\/\/www.foxbusiness.com\/politics\/obama-biden-cronies-made-billions-off-china-trade-deals-and-regulatory-policies-report\" target=\"_blank\" rel=\"noopener\">Fox News<\/a> posted an article about the book discussing how laws and regulations can be used to enrich friends and family.<\/p>\n<p>The article lists a few specific examples:<\/p>\n<p style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>Schweizer said the Vistria Group, run by Obama\u2019s best friend, <a class=\"zem_slink\" title=\"Martin Nesbitt (businessman)\" href=\"http:\/\/en.wikipedia.org\/wiki\/Martin_Nesbitt_%28businessman%29\" target=\"_blank\" rel=\"noopener wikipedia\">Marty Nesbitt<\/a>, drove the for-profit school University of Phoenix into the ground and then swooped in to buy it.<\/strong><\/p>\n<div id=\"inread-1x1\" class=\"ad gpt ae-exclude\" style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>\u00a0\u201cThey come in, they buy it for pennies on the dollar and low and behold, the Obama administration says, \u2018You know what, we think we\u2019re going to let GI money float again back to the University of Phoenix,\u2019\u201d he said.<\/strong><\/div>\n<div data-v-b84ee11a=\"\"><\/div>\n<div data-v-b84ee11a=\"\">\n<p style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>&#8230;Schweizer said the level of corruption extended to former <a class=\"zem_slink\" title=\"Joe Biden\" href=\"http:\/\/en.wikipedia.org\/wiki\/Joe_Biden\" target=\"_blank\" rel=\"noopener wikipedia\">Vice President Joe Biden<\/a> and former <a class=\"zem_slink\" title=\"John Kerry\" href=\"http:\/\/kerry.senate.gov\/\" target=\"_blank\" rel=\"homepage noopener\">Secretary of State John Kerry<\/a> after both leaders negotiated with China on trade issues.<\/strong><\/p>\n<p style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>\u201cAt this time the sons, or in one case, John Kerry\u2019s close aide, are involved in businesses that involve multi-billion dollar deals with the Chinese government,\u201d he said on \u201c<a class=\"zem_slink\" title=\"Lou Dobbs Tonight\" href=\"http:\/\/en.wikipedia.org\/wiki\/Lou_Dobbs_Tonight\" target=\"_blank\" rel=\"noopener wikipedia\">Lou Dobbs Tonight<\/a>.\u201d<\/strong><\/p>\n<p style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>Schweizer claims that 10 days after Biden flew to Beijing, his son, <a class=\"zem_slink\" title=\"Hunter Biden\" href=\"http:\/\/en.wikipedia.org\/wiki\/Hunter_Biden\" target=\"_blank\" rel=\"noopener wikipedia\">Hunter Biden<\/a>, scored a $1.5 billion private equity deal from the Chinse government.<\/strong><\/p>\n<p data-v-b84ee11a=\"\">Senate Majority Leader <a class=\"zem_slink\" title=\"Mitch McConnell\" href=\"http:\/\/en.wikipedia.org\/wiki\/Mitch_McConnell\" target=\"_blank\" rel=\"noopener wikipedia\">Mitch McConnell<\/a> and his wife, current US Transportation Secretary <a class=\"zem_slink\" title=\"Elaine Chao\" href=\"http:\/\/en.wikipedia.org\/wiki\/Elaine_Chao\" target=\"_blank\" rel=\"noopener wikipedia\">Elaine Chao<\/a>, are also mentioned in the book. The book details the couples close relationship to China through Elaine Chao&#8217;s family.<\/p>\n<p data-v-b84ee11a=\"\"><a href=\"https:\/\/nypost.com\/2018\/03\/17\/how-mcconnell-and-chao-used-political-power-to-make-their-family-rich\/\" target=\"_blank\" rel=\"noopener\">The New York Post<\/a> reported on March 17th:<\/p>\n<p style=\"padding-left: 30px;\" data-v-b84ee11a=\"\"><strong>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 <a class=\"zem_slink\" title=\"Shanghai Jiao Tong University\" href=\"http:\/\/maps.google.com\/maps?ll=31.2008333333,121.429722222&amp;spn=0.01,0.01&amp;q=31.2008333333,121.429722222 (Shanghai%20Jiao%20Tong%20University)&amp;t=h\" target=\"_blank\" rel=\"geolocation noopener\">Jiao Tong University<\/a>, founded in New York in 1964. Chao remains Foremost\u2019s chairman today, and his daughters Angela and Christine are the company\u2019s deputy chairwoman and general counsel, respectively. Elaine Chao worked there in the 1970s, and has been quoted as saying, \u201cShipping is our family tradition.\u201d<\/strong><\/p>\n<p data-v-b84ee11a=\"\">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!)<\/p>\n<p data-v-b84ee11a=\"\">At any rate, it really is time to drain the swamp (and to understand that both political parties are involved in the swamp).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=32879\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[97,10477,420,11531,118,11530,734,657,1325,9553],"class_list":["post-32879","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-barack-obama","tag-elaine-chao","tag-federal-bureau-of-investigation","tag-hunter-biden","tag-joe-biden","tag-marty-newbitt","tag-mitch-mcconnell","tag-new-york-post","tag-peter-schweizer","tag-secretary-of-state-john-kerry"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32879"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32879\/revisions"}],"predecessor-version":[{"id":32881,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32879\/revisions\/32881"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}