The monetizing of political office by the Biden Five
Peter Schweizer, president of the Government Accountability Institute and senior contributor at Breitbart News, explained how Joe Biden’s family members — dubbed the Biden Five — monetized political connections and influence in an interview aired on Tuesday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow.
The Biden Five is composed of Joe Biden’s son, Hunter Biden; his younger brothers Frank Biden and James Biden, his sister Valerie Biden, and his daughter Ashley Biden.
Marlow highlighted Schweizer’s latest book, Profiles in Corruption: Abuse of Power by America’s Progressive Elite, as “the gateway into understanding not just Joe Biden and the Biden family, but also the entire institutional Democratic Party at this moment and their corruption.”
Marlow described Schweizer’s investigation of the Biden family as yielding “indisputable evidence that Joe Biden is running a crime-like syndicate where he is, if nothing else, enabling his family members to get rich, without really any noticeable skill, using the American people’s good name.”
Schweizer noted the internationalization of the Biden family’s business dealings following Joe Biden becoming vice president.
“There’s no question about it. Joe Biden is the planet around which the moons of his family travel,” Schweizer said, “and the gravitational pull is Joe Biden’s power and his position, and the family has enriched themselves based on the positions he has.”
Schweizer continued, “Before Joe Biden is vice president of the United States, they’re really not doing many international deals, but once Joe Biden becomes vice president of the United States, suddenly, they’ve got foreign governments and foreign entities falling over themselves to cut them in on deals that they have no background or no expertise in. There’s a direct link between the corrupt acts of the family and the policy positions and power that Joe Biden has.”
1 – Hunter Biden
Hunter Biden joined his father aboard Air Force Two in December of 2013 on a flight to China. Ten days later, he secured over $1 billion in financing from the state-run Bank of China for a newly launched private equity firm he co-founded.
Schweizer explained, “Before Joe Biden becomes vice president of the United States, Hunter is a lobbyist for online gambling companies in Europe. That’s what he’s doing. That’s his professional background. Once his dad becomes vice president of the United States, he suddenly starts doing a whole host of global deals beginning with China. He flies with his dad on Air Force Two to Beijing China in December 2013.”
“Within 10 days of that trip, Hunter Biden joins the board of directors and gets an equity stake in a Chinese government-financed investment firm called BHR Partners, Bohai Harvest RST,” Schweizer added. “He has no backgroundin private equity. He has no background in China. They put him on the board precisely because his father is vice president and precisely because his father is taking pro-China positions on the global stage.”
Schweizer focused on Hunter Biden’s lack of expertise related to either private equity or China as indicative of the Chinese government’s rationale for funding BHR.
In 2015, the Obama administration approved the sale of a strategically sensitive American company, Henniges Automotive, in a joint-purchase shared by a Chinese military contractor and BHR. The foreign acquisition required special approval from the Committee of Foreign Investment in the U.S. (CFIUS) due to the company’s manufacturing of technology with military applications.
Schweizer remarked, “Hunter Biden’s business partners were quite explicit that he doesn’t bring anything to the table. He’s not bringing any money. He’s not bringing any expertise. He was the, quote, ‘pipeline to the administration,’ meaning the Obama-Biden administration.”
The Chinese Communist Party viewed Hunter Biden as a conduit through which political influence with the Obama administration could be procured, Schweizer held.
“There’s a very clear reason why the Chinese government wants the son of the vice president sitting on their board involved in these deals,” Schweizer said, “because they need the approval of the Obama-Biden administration, which is, of course, what they get when they start acquiring these companies.”
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There is much more explaining the connections of other members of the Biden crime family. When Obama falsely claims that they had no scandals in their administration he is ignoring the actions of the Biden family to monetize the office of the Vice President in order to enrich the Biden family. He is also ignoring the fact that the corrupt mainstream media ignores the Biden corruption because it reflects badly on Democrats that they support.
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