Hunter Biden inked a billion-dollar deal with a subsidiary of the Chinese government’s Bank of China just 10 days after the father and son flew to China in 2013.

 

The best way to money launder kick-backs apparently is to have the payments go through the children. If this story had been about one of Trump’s kids the howls out of the media would have been enormous. Look how far we got with Sander’s daughter? Chelsea? I won’t even attempt at that example. This isn’t the first we reported on dear Hunter: 

Bernie and Jane Sanders College corruption? Funneled daughter $500,000

Then we have this little number:

Investigators Probing Scheme Funneling Money From State To Kerry’s Muslim loving Daughter

but since we have Jeff Sessions as AG, no need for the swamp creatures to worry. Here we go:

The private equity firm of former Vice President Joe Biden’s son Hunter Biden inked a billion-dollar deal with a subsidiary of the Chinese government’s Bank of China just 10 days after the father and son flew to China in 2013.

The Biden bombshell is one of many revealed in a new investigative book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer. Schweizer’s last book, Clinton Cash, sparked a FBI investigation into the Clinton Foundation.

Snip….

Joe Biden has yet to comment on how the firm of a sitting vice president’s son was permitted to bag a billion-dollar deal with the Communist Chinese government—nor whether they had any knowledge or involvement in the deal. More at  Breitbart and how the scheme worked.

Obama friends got 80% of DOE Green Energy Loans

We can only hope Mr.Chu makes it to the hearing on Capital Hill regarding the nonsense that has been going on in his fiefdom and he will have an explantion. Billions going out the door in “bad bets” as stated by Obama. For sure, let this item come up for review. Bye bye Nobel Prize winner, time to exit stage left. 

A new book by Hoover Institution fellow Peter Schweizer details the startling extent of the cronyism that has pervaded President Obama’s “green jobs” push. According to Schweizer,4 out of every 5 renewable energy companies backed by the Energy Department was “run by or primarily owned by Obama financial backers.”H/T:Expose Obama

Hot Air has a great update on the story and links to an interview with Chu- you will laugh yourself silly:

Via William Amos, a sneak preview of what Chu’s planning to tell Congress on Thursday. My favorite part is when he claims that no one at his level was aware of the political affiliations of Solyndra’s backers, even though we now know from e-mails written by George Kaiser himself that Kaiser talked to people in the White House about Solyndra.

Doug Ross spotted the relevant excerpt of Schweizer’s book

When President-elect Obama came to Washington in late 2008,he was outspoken about the need for an economic stimulus to revive a struggling economy… After he was sworn in as president,he proclaimed that taxpayer money would assuredly not be doled out to political friends…

…But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy,for alternative-energy projects,is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies…

…In the 1705 government-backed-loan program [alone],for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers,members of Obama’s National Finance Committee,or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president,people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. Their political largesse is probably the best investment they ever made in alternative energy. It brought them returns many times over….

Read more.

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