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The private equity firm of former Vice President Joe Biden's son Hunter, and former Secretary of State John Kerry's step-son, Chris Heinz, signed a billion dollar deal with a subsidiary of the Chinese government's Bank of China just 10 days after VP father and son flew to China in 2013.
There's an elephant in the room that isn't an elephant---where's the investigation?
Collusion of another kind.
This is a breaking story.
Conservatives were not shocked, but surprised at the depth of arrogance of the billion dollar deal---Liberals and progressives are scurrying and hurrying to try to convince an uninformed citizenry it's no big deal.
It is a big deal and it will not be going away anytime soon.
Peter Schweizer, the author of the 2016 blockbuster book, "Clinton Cash," which revealed in documented detail how the Clinton's milked the system using their political power and contacts secured millions of dollars, is set to release a new book March 20, titled, "Secret Empires: How The American Political Class Hides Corruption And Enriches Family and Friends."
The New York Post has been given an exclusive excerpt from the book.
In it, Schweizer says he doesn't think the reporting on Trump and the possible Russian collusion has been too tough, but his concern is the soft, or in some cases non-existent reporting that has taken place on the Obama administration.
"One example," he says, is "the little noticed private equity firm run by the sons of Democrats Joe Biden and John Kerry."
The New York Post was given an exclusive look at that part of the book prior to its release next Tuesday.
The Post says, "Joe Biden and John Kerry have been pillars of the Washington establishment for more than 30 years...Biden reminds the American people on regular occasions, that he has little wealth to show for his career, despite having reached the vice presidency."
"One of his closest allies," the Post says, "is former Secretary of State John Kerry. 'Lunch Bucket Joe', he ain't; Kerry is more patrician than earthy. But the two men became close friends while serving several decades together in the US Senate."
The Post says their sons going into business together in June 2009 was not a surprise.
"But with whom their sons cut lucrative deals while the elder two were steering the ship of state is more of a surprise," the Post says.
In the book Schweizer sets up the personal and business relationship with this:
What Hunter Biden, the son of America’s vice president, and Christopher Heinz, the stepson of the chairman of the Senate Committee on Foreign Relations (later to be secretary of state), were creating was an international private equity firm. It was anchored by the Heinz family alternative investment fund, Rosemont Capital. The new firm would be populated by political loyalists and positioned to strike profitable deals overseas with foreign governments and officials with whom the US government was negotiating.
Hunter Biden, Vice President Joe Biden’s youngest son, had gone through a series of jobs since graduating from Yale Law School in 1996, including the hedge-fund business.
By the summer of 2009, the 39-year-old Hunter joined forces with the son of another powerful figure in American politics, Chris Heinz. Senator John Heinz of Pennsylvania had tragically died in a 1991 airplane crash when Chris was 18. Chris, his brothers, and his mother inherited a large chunk of the family’s vast ketchup fortune, including a network of investment funds and a Pennsylvania estate, among other properties. In May 1995, his mother, Teresa, married Senator John Kerry of Massachusetts. That same year, Chris graduated from Yale, and then went on to get his MBA from Harvard Business School.
The small fund grew quickly. Devon Archer, a long time Heinz and Kerry friend, joined them as "managing partner" of the Rosemont Capital business, the "trunk" for several other businesses they would set up.
"Rosemont Farm" is the name of the Heinz family 90 acre estate outside Fox Chapel, Pennsylvania.
Over the next 7 years, as Joe Biden and John Kerry negotiated sensitive and high stake deals with foreign governments, Rosemont entities secured a series of exclusive deals, often with those same governments.
Schweizer says some of their deals may be hidden, but many are traceable by investigating world capital markets. And a troubling pattern emerges from his investigations of how "profitable deals were struck with foreign governments on the heels of crucial diplomatic missions carried out by their powerful fathers."
The author details how Rosemont Seneca---one of several affiliated businesses aligned with the Thornton Group that is headed by James Bulger who is the nephew of "Whitey" Bulger, the leader of the Winter Hill mafia gang, part of the South Boston mafia.
Whitey was indicted for 19 murders when he disappeared, but was later arrested, tried, and convicted.
The Thornton Group and Rosemont began having contact with the Chinese government to "explore the possibility of commercial cooperation and opportunity" several years ago.
In December of 2013, Vice President Biden and his son flew to China on official US business aboard Air Force Two.
Ten days after the trip, a government owned Chinese bank signed an exclusive billion dollar deal with Joe Biden's son and John Kerry's step-son.
By 2015, the Biden and Kerry company, through their subsidiaries, in conjunction with the Thornton group, began negotiations with a major Chinese owned military contractor---whom the Wall Street Journal reports has "stolen technologies related to the US F-35 stealth fighter, and incorporated them into their own military arsenal."
These technologies are on the restricted Commerce Control List used by our federal government to limit exports of certain technologies that relate to our national security. For that reason, the deal would have required the approval of the Committee on Foreign Investment in the United States (CFIUS).
The deal was approved in 2015.
To us ordinary folks, it appears the "elephant in the room" is not Trump and Russia, but Biden, Kerry and others who were complicit with this billion dollar deal.
Thomas Jefferson made an interesting observation in a letter to Horatio G. Spafford on March 17, 1814:
"Merchants have no country. The mere spot they stand on does not constitute so strong attachment as that from which they draw their gains."
Whose side are these guys on?
Jefferson also told Spafford, "If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be."
Bottom line.
Be skeptical and be vigilant regarding those in power.
Be Informed.
Be Prayerful. Be Discerning. Be Blessed.