What is China Buying in the Biden Administration?
by Peter Schweizer • July 6, 2021 at 5:00 am
The simple fact is that there are large, powerful donors to the Biden campaign that have big financial stakes in these green energy companies. It is a wealth transfer to Biden's biggest bundlers, and that is a huge and massive problem.
For those companies with inside connections to the Biden campaign, it is American taxpayer money that is truly "shovel-ready."
Former congressmen and senators, and former US ambassadors are being paid large sums of money by governments such as China, or by firms directly linked to those governments, which do not have America's best interest at heart. They are lobbying in Washington to get their paymasters' voices heard.
If you invest a couple of million dollars, let us say, in lobbying, or you invest a couple of million dollars in campaign contributions, often you can get benefits that are worth ten times that.
For Wall Street and Silicon Valley, the prospect of doing deals in China is mesmerizing. To do those deals in China, as they have learned, you must play nice with the regime, speak well of them, feather their nests.... It is no less tempting for American politicians....Of greatest concern are the deals that actually advance Chinese state interests.
There is no other way to state this. The only way we can correct this situation is by exposing these people and showing U.S. citizens exactly what they are doing in our society.
[J]ust before the 2020 election, the [New York Times ran a piece by its "media reporter" bragging about their role as gatekeepers that would not pursue the Hunter Biden story.
What is China buying in the Biden Administration? A look to the recent past may provide some answers.
If you go back to 2009-10 and look at the "shovel-ready" stimulus package that President Barack Obama pushed through, as most people now know, there were huge amounts of money in the form of direct grants and loan guarantees that went to Solyndra and other "green energy" companies that failed. Yet, the question remained: Where did all that taxpayer money go for green energy?
If you trace it, you will find that 80 percent of that money went to green energy companies that were owned by individuals who sat on Barack Obama's Finance Committee for his 2008 campaign.
