Category Archives: Fraud & Corruption
December 16, 2019 By Chrissy Clark
Robert Powell, the husband of Rep. Debbie Mucarsel-Powell, D-Fla., reportedly took $700,000 from a Ukrainian oligarch named Igor Kolomoisky. Mucarsel-Powell sits on the House Judiciary Committee, the committee that drafted two articles of impeachment against President Donald Trump for his alleged abuse of power with regards to Ukraine.
In 2018, the Daily Beast reported that a number of businesses linked to Kolomoisky hired Powell as an attorney. One of those firms paid Powell at least $700,000 over two years, according to public records.
The Miami Herald reported Powell was working for companies tied to Kolomoisky for 10 years. Powell made most of his money in the two years leading up to his wife’s election in 2018.
Kolomoisky has been accused of contract killings and embezzlement in the past. Yet, in 2018 when Mucarsel-Powell was running for her seat, she did not see her husband’s work as relevant to her campaign.
“Debbie Mucrasel-Powell is running for Congress, not her husband. To imply that Debbie has anything to do with her indirect shareholder of a parent company that once employed her husband is an enormous stretch,” said Michael Hernandez, senior communications advisor for her campaign in 2018.
While Mucrasel-Powell may have convinced her constituents that her husband’s work is unrelated, it is a clear conflict in the current impeachment of Trump. Mucarsel-Powell voted to impeach Trump.
The House has moved to impeach Trump over a July 25 phone call with Ukrainian President Volodymyr Zelensky. When the House initiated impeachment hearings, they were arguing Trump asked for a quid pro quo or potentially bribed the Ukrainian president. No evidence to corroborate those charges has been found, so now the House is charging the president with abuse of power and obstructing Congress in relation to the Ukrainian phone call.
And yet, no Democrats see a problem with one of their own committee members’ spouses doing business with a Ukrainian ogliarch. There has been no check on whether Mucrasel-Powell is benefitting from her husband’s work with a foreign power that interfered in the 2016 election.
There is a double standard in Mucrasel-Powell’s ability to impeach the President for his work in Ukraine, simultaneously, allowing her husband to earn money from Kolomoisky, a thug from the same foreign power.
Chrissy Clark is a staff writer at The Federalist. Follow her on social media @chrissyclark_ or contact her at firstname.lastname@example.org.
We Build The Wall President Brian Kolfage :: Corrupt International Organization Controls Southern Border, Not DHS Or Border Patrol
December 14, 2019
by Alicia Powe
Neither the Trump administration, Congress, US Customs & Border Protection or the Department of Homeland Security are currently in control of immigration along the southern border, triple amputee veteran and a founder of the nonprofit organization We Build The Wall Brian Kolfage warns in an exclusive interview with Gateway Pundit.
The governmental entity with the actual jurisdiction over the crime-ridden border is The U.S. Section of The International Boundary and Water Commission, a “United Nations-type” globalist agency, run by deep state hacks, that is deliberately allowing hordes of foreign nationals to illegally enter the United States, the decorated war hero explained.
“This organization basically controls our borders. Homeland Security doesn’t control them. Border Patrol doesn’t control them. This international organization, that’s half-owned by corrupt Mexico, controls our border,” Kolfage said. “These Mexican officials – a lot of them are corrupt and it’s proven that they’re corrupt – have say what goes on at our border on the United States side.”
The IBWC was created by the U.S. and Mexico in 1889 to administer rules for demarcating the location of the border between the two countries, which sits on banks of the meandering Rio Grande River. The international body has a U.S. section and a Mexican section, headquartered in the adjoining cities of El Paso, Texas, and Ciudad Juárez, Chihuahua.
We Build The Wall completed the assembly of a 30-foot high, three-quarter mile-long section of border wall on private property border El Paso, Texas and Sunland Park, in just four days in New Mexico over Memorial Day weekend.
Immediately after the wall was constructed, IBCW Commissioner Jayne Harkins immediately ordered the gate to be permanently padlocked open.
Surveillance footage from the site, which could be mistaken as a scene from The Walking Dead, shows hundreds of illegal immigrants rampaging into the United States just moments after IBWC staffers chained the gate open.
“The gate was something they asked for,” Kolfage told the Gateway Pundit. “But instead of doing the commonsense thing of shutting the gate and locking it, they leave it wide open, Monday through Friday all day long. Anyone can go to our website, we have live cameras watching the gate.”
— Brian Kolfage (@BrianKolfage) June 11, 2019
Meanwhile, federal immigration law enforcement leaders caution the overwhelming influx of illegal immigrants invading the county is at a “breaking point” and poses a massive “border security and humanitarian crisis.” The U.S. Customs and Border Protection highlights El Paso, where IBWC is headquartered, as the primary location from which criminal illegal aliens cross over.
The IBWC is a corrupt bureaucratic agency hellbent on keeping the border open to facilitate a gravy train of drugs, sex trafficking and human trafficking back and forth between the two countries, Kolfage surmised.
“Of course, they didn’t like our wall going up in Southern Park – it was an amazing smuggling route. They got a lot of push back from those cartels and people on that side who didn’t want that route shut down,” he said. “It just shows us how screwed up the whole system is, where we have an international group like the U.N. controlling our border, telling us what to do, telling our border patrol what to do.
“We are trying to turn this wall over to DHS and Border Patrol – give them full control. It’s their wall, we built it for them. The IBWC says they leave it open for [IBCW] workers, but there are no workers going through and people are seeing that live – that there’s no workers going through. There might be like one worker a week that will go through – that’s it and why can’t they just have a key.”
As We Build the Wall gears up to build a second 3.5-mile portion of the wall on private land in Mission, Texas, the IBWC is, again, ardently working to sabotage the project.
The Department of Justice on Dec. 5 filed a lawsuit on behalf of IBWC against Fisher Industries, the construction company contracted by We Build The Wall to assemble a physical barrier, to shut border wall construction along the Rio Grande.
IBWC claims the manufacturing of a wall in the location would violate the United States’ 1970 international water treaty with Mexico by causing floods that would alter the course of the international waterway by and destruct the shoreline.
U.S. District Judge Randy Crane subsequently issued a restraining order mandating We Build the Wall and Fisher Industries suspend construction and ordered the government to disclose the results of a hydrology study that would substantiate its unfounded charges.
While illegal immigration jeopardizes U.S. national security, with illegal immigrants committing rape, drug sales, murder again, and again, and again, and again, environmentalists are more concerned about protecting the well being of insects than citizens.
Texas District Judge Keno Vasquez of Hidalgo County on Dec. 4 issued a temporary restraining order Tuesday, ordering We Build the Wall to stop construction on land near property owned by the National Butterfly Center, citing the project’s potential for “imminent and irreparable harm” to a border butterfly sanctuary.
“They’re called the Butterfly National Center – they are not a national anything. They are trying to sound like they’re some federal museum,” Kolfage said. “They named themselves the National Butterfly Center and its nothing more than a piece of land out in the middle of nowhere, right on the border, where illegal aliens are crossing every single day. Cartels are coming off their property and it should be called the National Cartel Center.
“This is what President Trump deals with every day. We are starting to see it now – just how much is against this wall. It’s basically the deep state we are dealing with all.”
Amid the legal hurdles leveled by IBWC and butterfly advocates, We Build The Wall received a ringing public endorsement from U.S. Customs and Border Patrol.
The influx of illegal traffic has shifted around the structure to a region where agents are equipped to respond more effectively after the nonprofit completed its first new barrier, El Paso Border Patrol sector chief Gloria Chavez told reporters in November.
“Everything changed for us, and we were able to manage the border enforcement actions there even better,” Chavez said.
According to the latest CBP data, the Trump administration has completed 83 miles of the 450 miles of border wall it has vowed to see built by the end of 2020.
With the help of the American people, We Build the Wall could construct a wall along the entire 2000-mile border, Kolfage said.
“Twenty-five million dollars won’t go that far. It’s only going to build a couple of miles. We are still raising money. We’ve just got to keep hammering at it, little chunks at a time,” he said. “If every Trump supporter donates $80, then the nonprofit could build a wall on the entire 2000-mile border. We’ve proven now that we can build wall. When we originally raised this money, it was on an idea that ‘hey we are going to go and try to build a wall.’ But now, we actually did it. DHS has endorsed us. Border Patrol has endorsed us.”
Source and (video)
March 15, 2018
“My frustration,” writes Peter Schweizer in his new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” “is not that the solid reporting on Trump has been too tough, but that the reporting on the Obama administration has been way too soft or in some cases nonexistent.” The author of the 2016 sensation “Clinton Cash” says Trump and his children didn’t invent the blurring of government and business, and details a number of ethical violations on both sides of the political aisle. One example: the little-noticed private equity firm run by the sons of Democrats Joe Biden and John Kerry, as detailed in this exclusive first excerpt.
Joe Biden and John Kerry have been pillars of the Washington establishment for more than 30 years. Biden is one of the most popular politicians in our nation’s capital.
His demeanor, sense of humor, and even his friendly gaffes have allowed him to form close relationships with both Democrats and Republicans. His public image is built around his “Lunch Bucket Joe” persona. As he reminds the American people on regular occasions, he has little wealth to show for his career, despite having reached the vice presidency.
One of his closest political allies in Washington is former senator and former Secretary of State John Kerry. “Lunch Bucket Joe” he ain’t; Kerry is more patrician than earthy. But the two men became close while serving for several decades together in the US Senate. The two “often talked on matters of foreign policy,” says Jules Witcover in his Biden biography.
So their sons going into business together in June 2009 was not exactly a bolt out of the blue.
But with whom their sons cut lucrative deals while the elder two were steering the ship of state is more of a surprise.
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.
Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend.
The three friends established a series of related LLCs. The trunk of the tree was Rosemont Capital, the alternative investment fund of the Heinz Family Office. Rosemont Farm is the name of the Heinz family’s 90-acre estate outside Fox Chapel, Pennsylvania.
The small fund grew quickly. According to an email revealed as part of a Securities and Exchange Commission investigation, Rosemont described themselves as “a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz,” with Devon Archer as “Managing Partner.”
The partners attached several branches to the Rosemont Capital trunk, including Rosemont Seneca Partners, LLC, Rosemont Seneca Technology Partners, and Rosemont Realty.
Of the various deals in which these Rosemont entities were involved, one of the largest and most troubling concerns was Rosemont Seneca Partners.
Rather than set up shop in New York City, the financial capital of the world, Rosemont Seneca leased space in Washington, DC. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown. Their offices would be less than a mile from John and Teresa Kerry’s 23-room Georgetown mansion, and just two miles from both Joe Biden’s office in the White House and his residence at the Naval Observatory.
In short, the Chinese government was literally funding a business that it co-owned along with the sons of two of America’s most powerful decision makers.
Over the next seven years, as both Joe Biden and John Kerry negotiated sensitive and high-stakes deals with foreign governments, Rosemont entities secured a series of exclusive deals often with those same foreign governments.
Some of the deals they secured may remain hidden. These Rosemont entities are, after all, within a private equity firm and as such are not required to report or disclose their financial dealings publicly.
Some of their transactions are nevertheless traceable by investigating world capital markets. A troubling pattern emerges from this research, showing how profitable deals were struck with foreign governments on the heels of crucial diplomatic missions carried out by their powerful fathers. Often those foreign entities gained favorable policy actions from the United States government just as the sons were securing favorable financial deals from those same entities.
Nowhere is that more true than in their commercial dealings with Chinese government-backed enterprises.
Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. The Massachusetts-based firm is headed by James Bulger, the nephew of the notorious mob hitman James “Whitey” Bulger. Whitey was the leader of the Winter Hill Gang, part of the South Boston mafia. Under indictment for 19 murders, he disappeared. He was later arrested, tried, and convicted.
James Bulger’s father, Whitey’s younger brother, Billy Bulger, serves on the board of directors of the Thornton Group. He was the longtime leader of the Massachusetts state Senate and, with their long overlap by state and by party, a political ally of Massachusetts Senator John Kerry.
Less than a year after opening Rosemont Seneca’s doors, Hunter Biden and Devon Archer were in China, having secured access at the highest levels. Thornton Group’s account of the meeting on their Chinese-language website was telling: Chinese executives “extended their warm welcome” to the “Thornton Group, with its US partner Rosemont Seneca chairman Hunter Biden (second son of the now Vice President Joe Biden).”
The purpose of the meetings was to “explore the possibility of commercial cooperation and opportunity.” Curiously, details about the meeting do not appear on their English-language website.
Also, according to the Thornton Group, the three Americans met with the largest and most powerful government fund leaders in China — even though Rosemont was both new and small.
The timing of this meeting was also curious. It occurred just hours before Hunter Biden’s father, the vice president, met with Chinese President Hu in Washington as part of the Nuclear Security Summit.
There was a second known meeting with many of the same Chinese financial titans in Taiwan in May 2011. For a small firm like Rosemont Seneca with no track record, it was an impressive level of access to China’s largest financial players. And it was just two weeks after Joe Biden had opened up the US-China strategic dialogue with Chinese officials in Washington.
On one of the first days of December 2013, Hunter Biden was jetting across the Pacific Ocean aboard Air Force Two with his father and daughter Finnegan. The vice president was heading to Asia on an extended official trip. Tensions in the region were on the rise.
The American delegation was visiting Japan, China, and South Korea. But it was the visit to China that had the most potential to generate conflict and controversy. The Obama administration had instituted the “Asia Pivot” in its international strategy, shifting attention away from Europe and toward Asia, where China was flexing its muscles.
For Hunter Biden, the trip coincided with a major deal that Rosemont Seneca was striking with the state-owned Bank of China. From his perspective, the timing couldn’t have been better.
Vice President Biden, Hunter Biden and Finnegan arrived to a red carpet and a delegation of Chinese officials. Greeted by Chinese children carrying flowers, the delegation was then whisked to a meeting with Vice President Li Yuanchao and talks with President Xi Jinping.
Hunter and Finnegan Biden joined the vice president for tea with US Ambassador Gary Locke at the Liu Xian Guan Teahouse in the Dongcheng District in Beijing. Where Hunter Biden spent the rest of his time on the trip remains largely a mystery. There are actually more reports of his daughter Finnegan’s activities than his.
What was not reported was the deal that Hunter was securing. Rosemont Seneca Partners had been negotiating an exclusive deal with Chinese officials, which they signed approximately 10 days after Hunter visited China with his father. The most powerful financial institution in China, the government’s Bank of China, was setting up a joint venture with Rosemont Seneca.
The Bank of China is an enormously powerful financial institution. But the Bank of China is very different from the Bank of America. The Bank of China is government-owned, which means that its role as a bank blurs into its role as a tool of the government. The Bank of China provides capital for “China’s economic statecraft,” as scholar James Reilly puts it. Bank loans and deals often occur within the context of a government goal.
Rosemont Seneca and the Bank of China created a $1 billion investment fund called Bohai Harvest RST (BHR), a name that reflected who was involved. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. The “RS” referred to Rosemont Seneca. The “T” was Thornton.
The fund enjoyed an unusual and special status in China. BHR touted its “unique Sino-US shareholding structure” and “the global resources and network” that allowed it to secure investment “opportunities.” Funds were backed by the Chinese government.
In short, the Chinese government was literally funding a business that it co-owned along with the sons of two of America’s most powerful decision makers.
The partnership between American princelings and the Chinese government was just a beginning. The actual investment deals that this partnership made were even more problematic. Many of them would have serious national security implications for the United States.
In 2015, BHR joined forces with the automotive subsidiary of the Chinese state-owned military aviation contractor Aviation Industry Corporation of China (AVIC) to buy American “dual-use” parts manufacturer Henniges.
AVIC is a major military contractor in China. It operates “under the direct control of the State Council” and produces a wide array of fighter and bomber aircraft, transports, and drones — primarily designed to compete with the United States.
The company also has a long history of stealing Western technology and applying it to military systems. The year before BHR joined with AVIC, the Wall Street Journal reported that the aviation company had stolen technologies related to the US F-35 stealth fighter and incorporated them in their own stealth fighter, the J-31. AVIC has also been accused of stealing US drone systems and using them to produce their own.
In September 2015, when AVIC bought 51 percent of American precision-parts manufacturer Henniges, the other 49 percent was purchased by the Biden-and-Kerry-linked BHR.
Henniges is recognized as a world leader in anti-vibration technologies in the automotive industry and for its precise, state-of-the-art manufacturing capabilities. Anti-vibration technologies are considered “dual-use” because they can have a military application, according to both the State Department and Department of Commerce.
The technology is also on the restricted Commerce Control List used by the federal government to limit the exports of certain technologies. For that reason, the Henniges deal would require the approval of the Committee on Foreign Investment in the United States (CFIUS), which reviews sensitive business transactions that may have a national security implication.
According to BHR internal documents, the Henniges deal included “arduous and often-times challenging negotiations.” The CFIUS review in 2015 included representatives from numerous government agencies including John Kerry’s State Department.
The deal was approved in 2015.
Excerpted with permission from “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” by Peter Schweizer, published by Harper Collins. The book goes on sale March 20.
by Paul Sperry
If you believe recent media accounts, the former Democratic president has suddenly transcended the political fray. It’s as if a newly “Zen-like” Barack Obama is content to just write his memoir and let Donald Trump and Republicans write the next chapter of history.
In a cover story asking “Where is Barack Obama?,” for example, New York magazine concluded that the 44th president has “virtually disappeared” from the political scene and is sitting idly by as his legacy is dismantled piece by piece. From an exclusive interview, the periodical concluded Obama was “modeling his political engagement out of office after George W. Bush’s” — that is, staying out of the rough-and-tumble of politics, maintaining distance from his former office and resigning himself to be an elder statesman fading into the sunset.
Don’t buy it.
Obama is doing far more to shape the political landscape than is visible. In fact, for an ex-prez, he’s taking an unusually active role in politics, including helping radical protest groups fight Trump and his policies and devising a scheme to flip the GOP majority in the House and permanently turn red seats blue.
From his sprawling DC office not far from the White House, where he oversees a full-time staff of 20, Obama has held regular meetings with Democratic lawmakers, as well as DNC chief Tom Perez, whom he personally helped install to run the Democratic Party. Obama has also met with his attorney general, Eric Holder, to craft a strategy to redraw congressional district maps in Democrats’ favor, according to Politico. Holder now runs the National Democratic Redistricting Committee, which Obama helped his old friend launch.
Obama, who maintains a home in Chicago, originally said he only planned to stay in Washington temporarily, until his younger daughter, Sasha, now 17, finished high school there. But the family is clearly putting down deeper roots. They recently bought their DC rental home and erected a massive security wall around the property, which includes offices, and are installing a swimming pool.
While it may be true Obama does not want to engage directly in Washington politics, including personally protesting Trump’s policies, he is using a political organizing group he founded to do that for him.
That nonprofit — Organizing for Action — is not exactly a household name. But it is no less than the organizing and training hub of the anti-Trump resistance.
Most recently, OFA helped stage rallies across the country against the administration’s border policies, which it has decried as “cruel and inhumane.” OFA describes itself as a “nonpartisan grass-roots-driven organization,” but it clearly has a pro-Obama agenda. In fact, it’s run almost entirely by alums from Obama’s campaign and White House, including Jon Carson and Jim Messina, who co-chair the group, and Katie Hogan, who serves as its executive director, according to recent tax filings by the nonprofit.
Though Obama has no official or legal role in OFA, he features the group along with his foundation on his post-presidency website and rallies its foot soldiers, who wear blue T-shirts with big white “OFA” letters, in conference calls. After Trump won, for example, he phoned to “fire up” Carson and his team and told them not to worry, that they would “cook up all kinds” of strategies to reclaim the agenda, according to a Nov. 14, 2016, White House transcript of his OFA conference call. More recently, Obama sent an email to “OFA supporters” urging them to “keep going in 2018,” because “there’s simply too much at stake this year.” Obama has tweeted from OFA’s account before and after leaving the White House, and while he was in the White House, he let OFA control his Twitter account, according to The Atlantic.
Earlier this year, moreover, he met with Hogan to discuss how the group can flex its muscles during the midterm campaign to help Democrats recapture the House, according to the New York Times. To that end, OFA plans to train and deploy organizers in 27 Republican-held congressional districts, many with heavy Latino populations, that could be key to a Democratic takeover of the House. With offices in DC and Chicago, OFA has already trained more than 40,000 leftist agitators in person or by webinar, according to tax records.
Behind the scenes, he really may be coordinating the resistance
“We’ve seen grassroots organizing make a big difference this past year, it will again in November,” Hogan recently tweeted.
Meanwhile, OFA has formally partnered with one of the angriest resistance groups, Indivisible Project, which has been criticized for using overly aggressive protest tactics against Republicans at town-hall meetings. Indivisible plans to deploy OFA-trained agitators to storm Republican districts during the Fourth of July recess, starting this weekend, to shout down “Trump’s racist policies,” according to its website.
OFA brings in between $6 million and $14 million in donations a year, and is funded in part by Democracy Alliance, which is connected to the radical group that dispatched agitators to march outside Homeland Security Secretary Kirstjen Nielsen’s Virginia town house, blaring an audiotape of crying immigrant children and chanting “No justice, no sleep!” The group, CREDO Action, also held signs calling Nielsen a “child snatcher” and shouted, “You’re a modern-day Nazi!”
With the help of 40 full-time staffers, OFA trains volunteers in the hard-core tactics popularized by the late Chicago radical Saul Alinsky, including smearing and intimidating opponents and mobilizing angry mobs to convey the appearance of a mass movement that enjoys a good deal of public support.
Alinsky trainers schooled Obama in these same tactics when he was an organizer in South Side Chicago.
Meanwhile, Hogan and OFA have partnered with Obama and Holder’s gerrymandering project to manufacture future Democrat victories.
Republicans are so alarmed by Obama’s permanent presence and political interference, they are raising money from donors based on these fears, warning in a recent fundraising newsletter about “his scheme to interfere in the 2018 midterms,” according to a June 22 email from House Majority Whip Steve Scalise.
In public, Obama has skillfully kept his distance from recent anti-Trump protests and politicking. But behind the scenes, he really may be coordinating the resistance — and acting as its organizer in chief.
Paul Sperry is a former Hoover Institution media fellow and author of the bestseller “Infiltration.”
by Tyler Durden
Oct 30, 2016 11:46 AM
Until the Friday blockbuster news that the FBI was reopening its probe into the Hillary email server, the biggest overhang facing the Clinton Campaign was the escalating scandal involving the Clinton Foundation, Doug Band’s consultancy firm Teneo, and Bill Clinton who as a result of a leaked memo emerged was generously compensated for potential political favors by prominent corporate clients using Teneo as a passthru vehicle for purchasing influence.
In a section of the memo entitled “Leveraging Teneo For The Foundation,” Band spelled out all of the donations he solicited from Teneo “clients” for the Clinton Foundation. In all, there are roughly $14mm of donations listed with the largest contributors being Coca-Cola, Barclays, The Rockefeller Foundation and Laureate International Universities. Some of these are shown below (the full details can be found in “Leaked Memo Exposes Shady Dealings Between Clinton Foundation Donors And Bill’s “For-Profit” Activities“)
Band also lays out the millions in speaking fees arranged by Teneo:
Band also offers the following commentary on the “$50 million in for-profit activity” he was able to secure for Bill Clinton (as of November 2011) as well as the “$66 million in future contracts, should he choose to continue with those engagements.”
Independent of our fundraising and decision-making activities on behalf of the Foundation, we have dedicated ourselves to helping the President secure and engage in for-profit activities – including speeches, books, and advisory service engagements. In that context, we have in effect served as agents, lawyers, managers and implementers to secure speaking, business and advisory service deals. In support of the President’s for-profit activity, we also have solicited and obtained, as appropriate, in-kind services for the President and his family – for personal travel, hospitality, vacation and the like. Neither Justin nor I are separately compensated for these activities (e.g., we do not receive a fee for, or percentage of, the more than $50 million in for-profit activity we have personally helped to secure for President Clinton to date or the $66 million in future contracts, should he choose to continue with those engagements).
With respect to business deals for his advisory services, Justin and I found, developed and brought to President Clinton multiple arrangements for him to accept or reject. Of his current 4 arrangements, we secured all of them; and, we have helped manage and maintain all of his for-profit business relationships. Since 2001, President Clinton’s business arrangements have yielded more than $30 million for him personally, with $66 million to be paid out over the next nine years should he choose to continue with the current engagements.
In effect, what Band was doing, as the NYT’s Nick Confessore summarized, “was selling his clients on idea that giving to foundation was, in essence, a way to bolster their influence. Clinton & Band built a platform for executives to bolster their companies’ images, bathe in BC’s praise, and do some good, while Teneo extracted earnings for Band and, depending on what you see in these e-mails, Clinton himself. Teneo paid Clinton until late ’11.”
As Confessore also pointed out, “I guess you can wave it all off as a nothingburger. But Chelsea Clinton and some of Clinton’s other aides were clearly freaking out.”
And he concluded by saying “Generally, the emails show Clinton’s *own closest aides* troubled or horrified by things that her surrogates have spent years waving off.”
Today, with this context, we focus on one particular email disclosed in the latest Podesta email release, in which an email from Doug Band to Cheryl Mills and John Podesta dated November 12, 2011, or just days before the abovementioned memo was sent out, admits that “I’m starting to worry that if this story gets out, we are screwed.”
Here is the full email:
Need get this asap to them although I’m sure cvc [Chelsea Clinton] won’t believe it to be true bc she doesn’t want to Even though the facts speak for themselves.
John, I would appreciate your feedback and any suggestions I’m also starting to worry that if this story gets out, we are screwed. Dk [Declan Kelly] and I built a business. 65 people work for us who have wives and husbands and kids, they all depend on us. Our business has almost nothing to do with the clintons, the foundation or cgi in any way. The chairman of ubs could care a less about cgi. Our fund clients who we do restructuring and m and a advising the same just as bhp nor tivo do. These are real companies who we provide real advice to through very serious people. Comm head for goldman, dep press secretary to bloomberg, former head of banking, and his team, from morgan stanley for asia and latin am.
I realize it is difficult to confront and reason with her but this could go to far and then we all will have a real serious set of other problems. I don’t deserve this from her and deserve a tad more respect or at least a direct dialogue for me to explain these things. She is acting like a spoiled brat kid who has nothing else to do but create issues to justify what she’s doing because she, as she has said, hasn’t found her way and has a lack of focus in her life. I realize she will be off of this soon but if it doesn’t come soon enough…
Four years later, the story is out, not thanks to Chelsea Clinton as Doug Band was concerned, but due to a hack of John Podesta’s email account.
However, in light of the latest FBI scandal involving Anthony Weiner, It remains to be seen if either Band or the Clintons are screwed – it appears that the general public has more than enough distractions to forget about this potential graft scandal involving the Clintons and their influence-peddling clients.
Hillary Clinton with Cristina Fernández de Kirchner, former president of Argentina.
Florida lobbyist Freddy Balsera partnered with Carlos Molinari, who’s been indicted in the financial scandal in Argentina, on the scheme
By Ken Silverstein • 10/24/16 8:00am
I’m a reporter who intensely dislikes both major party presidential candidates, but my personal experience during this campaign, bolstered by witnessing the incredibly slanted coverage we’ve seen the past month, is that the media is far more interested in running negative stories about Donald Trump than about Hillary Clinton. Trump indisputably received a lot of positive coverage when he was running in the GOP primaries, but once this became a two-person race the gloves came off, which has had a huge impact on coverage and helped Hillary immensely.
One of the most heavily promoted storylines of this year’s campaign is that Trump is a tool of Moscow and Vladimir Putin and no one is pushing it harder than Hillary Clinton’s campaign, as seen in last week’s debate. The idea that Trump is Putin’s Manchurian Candidate is too ludicrous to take seriously, as Paul Starobin, Businessweek’s former Moscow bureau chief, has written.
This storyline gained currency a few months back when Trump’s top campaign advisor, Paul Manafort, was forced to resign following a barrage of negative coverage about his work as a lobbyist in Ukraine. A flurry of stories came out — I wrote a couple of them— that raised legitimate issues about Manafort’s role in Ukraine, but few noted that his efforts mainly took place at a time that Ukraine had friendly relations with the United States, during the Bush and Obama years.
Here’s a story, thus far unreported, about a leading Clinton surrogate and fundraiser named Freddy Balsera who founded a company called Global Development Consultants Inc. with Carlos Molinari, a businessman who’s been indicted in a massive financial scandal in Argentina. Global Development Consultants is mentioned on multiple occasions in Molinari’s indictment, and Argentine prosecutors believe it played a role in laundering money directly into the United States — which would seem to be a good hook for U.S. reporters. The related scandal — which has been heavily covered by major U.S. media outlets — has resulted in the indictment of former Argentine president Cristina Kirchner and a host of financial middlemen and money launderers.
Do I think this made Hillary Clinton a tool of Kirchner’s left-leaning government? No I don’t, just as I don’t believe Manafort’s work in Ukraine somehow makes Trump Putin’s puppet. But I do believe the media would have been all over this story if it had been a Trump surrogate and not a Clinton surrogate who was involved, and that it raises important questions about one of her leading allies in Florida.
(I asked Balsera and the Clinton campaign for comment. Thus far they have not replied.)
Balsera is a lobbyist and PR consultant who runs Miami-based Balsera Communications, and he has a “unique proficiency” in peddling political narratives to the public, according to his bio page on the firm’s website. His partners at the PR firm include David Duckenfield, who took a leave from Balsera Communications to work in a senior job at the State Department under John Kerry between 2014 and 2016.
Balsera is also a Democratic operative with a big, influential political network in Florida, a key swing state, and he claims to have a huge following with Hispanic voters. He was an Obama media surrogate and claims to have crafted a good chunk of Spanish-language political ads for his campaign which “helped deliver an estimated sixty-six percent of the national Hispanic vote.”
Balsera was an Obama bundler and a member of his national finance committee, which appears to have reaped him some notable dividends. His family and Molinari’s bowled at the White House in 2010 (and Molinari’s daughter is an Obama donor). The president appointed him to the Advisory Commission on Public Diplomacy, which sells U.S. foreign policy abroad, and earlier this year Balsera Communications opened a new office in Buenos Aires just as Obama was in the country tangoing his way through a state visit. A picture on Balsera’s Twitter feed shows him and Duckenfield jetting down to Buenos Aires to be there for Obama’s official trip. All a coincidence, no doubt.
Balsera helped secure a U.S. visa for an Ecuadorean woman, Estefanía Isaías, who had been barred from entering the United States because she’d been busted for illegally obtaining visas for her maids. The State Department under Hillary Clinton lifted the ban on Isaias in 2012 — the same year her rich, politically wired family gave more than $100,000 to the Obama Victory Fund and other Democratic causes, the New York Times has reported. “It was one of several favorable decisions the Obama administration made in recent years involving the Isaías family,” which lives in Miami and is accused by the government of Ecuador of having looted a bank,” the Times wrote.
Balsera sponsored Isaías’s visa application, which said she would be employed by his firm. But the Times never found any evidence that Isaias ever actually went to work for Balsera Communications. A senior executive at the firm had never heard of her and she was not listed as an employee on its website, Facebook page or Twitter timeline. In other words, it looks like Secretary Clinton did a big favor for Obama money man Balsera and for a family of Democratic donors.
Nowadays Balsera raises money for Hillary’s campaign —incidentally, his partner Duckenfield, another Obama bundler, does so, too— and is national co-chair of the DNC’s Hispanic Leadership Council. He’s also a director of Correct The Record, a Super PAC that closely coordinates with Hillary’s campaign and that put together a “rapid response team” that attacks Hillary’s critics. The group spent at least $1 million to target social media users and heavily pushed the “Bernie Bros” meme, which suggested that Sanders’ supporters were mostly deplorable misogynists.
Correct the Record was created by David Brock, the professional propagandist who also set up Media Matters — another Clinton attack vehicle that protects its Supreme Leader in the same way that North Korea’s Central News Agency defends Kim Jong-un.
Like many in the Clinton camp, Brock’s political positions and empathy are decidedly situational.
His vehicles have worked furiously to promote stories about Donald Trump’s awful remarks about women. This is a bit rich because back during Bill Clinton’s years as president — when Brock got his start in propaganda as a Republican hatchet man — he famously labeled Anita Hill, the woman who accused Supreme Court Justice Clarence Thomas of sexual harassment, “a little bit nutty and a little bit slutty.”
Anyway, Balsera is a big deal in Washington and Miami and it turns out that he’s well connected in Argentina as well through Molinari and Global Development Consultants (and now with his PR firm’s brand news Buenos Aires office). But for reasons that will become clear shortly, the normally voluble Balsera apparently doesn’t like to talk about Global and all traces of that firm’s presence on the Internet have been scrubbed, seemingly after Molinari’s embarrassing legal problems erupted in Argentina.
I obtained — from the National Legal and Policy Center, which provided key research for this story — a screenshot from the firm’s old website. It shows that Global, registered in Florida, was created by Balsera and Molinari. A third major player at the firm was Diego Molinari, Carlos’ son, who was identified on the now scrubbed Global website as CEO and executive vice president.
Here’s a nutshell summary of the case:
The figure at the center of the scandal is Lázaro Báez, a former bank teller turned oligarch who built a vast business empire through contracts awarded by his close friend Cristina Kirchner and her husband, Néstor Kirchner, who preceded her as president of Argentina. When Néstor died, Báez was so bereft that he erected a three-story mausoleum to house his former patron’s remains.
Prosecutors allege that Báez received huge kickbacks on his government contracts and moved them abroad into offshore accounts with the help of a labyrinth of middlemen. The network was reportedly set up in large part by Mossack Fonseca, the firm at the heart of the now famous Panama Papers scandal, and includes dozens of shell companies set up in the United States, mostly in Las Vegas.
According to the prosecution, tens of millions of dollars in kickback money was moved abroad with the help of SGI Argentina, a financial consultancy firm. SGI was hired to move Baez’s money by a man named Leonardo Fariña, who worked for Molinari for years and, the prosecution claims, retained SGI on his advice.
The whole scandal erupted after video footage from early 2011 emerged showing Martín Báez, the oligarch’s son, and a number of SGI employees counting cash at the company’s office and stuffing it into suitcases to be shipped overseas. Fariña, who later turned state’s witness, claimed that SGI sent so much money abroad, mostly to Switzerland, that the cash wasn’t counted but weighed.
On February 24, 2011, which is close to the time that the video was made, SGI sent a letter to the U.S. consulate in Buenos Aires requesting a visa for Fariña. The letter said he would travel to Florida the following month on a chartered plane with Molinari, who was identified as the president of Global Development Consultants.
Leonardo Fariña. Twitter
The letter refers to Fariña as SGI’s representative and said that Global Development Consultants had invited him “to see all the projects in which we may be interested in investing.” Molinari’s November 2013 indictment says that Farina bought 10 percent of the shares of Global Development Consultants for $1 million, which would have made him a partner in the firm.
According to prosecutors, Fariña’s trip with Molinari coincides with a period when SGI was moving all that dirty money abroad and was looking to make investments in Florida. Prosecutors say that during the first six months of 2011 Molinari and a number of friends took a total of 33 chartered flights looking to funnel SGI’s money offshore, including to Florida.
Curiously, in May 2011 Global Development Consultants and another firm formed an LLC called Stambul Ventures to manage the luxury Langford Hotel in downtown Miami. Molinari’s divorce records, which included a list of his assets, and Florida corporate records show that he had an interest in the property as well.
The Langford’s developers raised millions — 35 percent of the total costs — through the State Department’s EB-5 visa program to underwrite the renovation of the property, which was previously a historic bank. They applied for the funding in 2012 and began receiving the money in 2015.
In order to apply for the EB-5 visa, a foreigner must invest $500,000 in a project that produces at least 10 jobs in a rural or high unemployment area – or $1 million elsewhere. “Critics of the visa program say it amounts to little more than buying a visa and it benefits the wealthy more than the high-unemployment communities it’s supposed to help,” NBC News said.
The EB-5 program has been riddled by allegations of fraud and favoritism toward politically connected investors. In 2015, a Department of Homeland Security watchdog report said a top official had repeatedly intervened “on behalf of well-connected participants,” including Virginia Governor Terry McAuliffe and Tony Rodham, a brother of former Secretary of State Hillary Clinton, Politico has reported.
As of this writing, Báez remains in prison as the case unfolds, former president Kirchner has been called to testify and Molinari remains indicted and has reportedly been barred from leaving the country. And it appears that Balsera’s company Global Development Consultants served as a method for Argentine crooks to move dirty money through the United States.
It’s a ripe, juicy story involving a foreign scandal that helped bring down an overseas president, and it involves allegations of financial criminality in the United States and features an appearance by a major political campaign figure. I look forward, with bated breath, to reporters jumping to pursue this story, as there are still a lot of questions that need to be answered.
Oct 16th, 2016
An intriguing Ministry of Finance (MoF) report circulating in the Kremlin today says that elite Western bankers were “stunned/bewildered” a few hours ago after the Bank For International Settlements (BIS) registered a $1.8 billion transfer from the Clinton Foundation (CF) to the Qatar Central Bank (QCB) through the “facilitation/abetment” of JP Morgan Chase & Company (JPM)—and for reasons yet to be firmly established. [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
According to this report, the Bank for International Settlements is the world’s oldest international financial organization and acts as a prime counterparty for central banks in their financial transactions; the Qatar Central Bank is the bank of that Gulf State nations government and their “bank of banks”; JP Morgan Chase & Company is the United States largest “megabank”; and the Clinton Foundation is an international criminal money laundering organization whose clients include the Russian mafia.
With Hillary Clinton’s US presidential campaign Chairman John Podesta having longstanding ties to the Russian mafia and money laundering, this report continues, the Foreign Intelligence Service (SVR) maintains “complete/all times/all ways” surveillance of him and his criminal associates—including both Hillary Clinton and her husband, and former US President, Bill Clinton, and who are collectively designated as the “Clinton Crime Family”.
On Saturday 15 October (2016), this report notes, the SVR reported to the MoF that Hillary Clinton and John Podesta met with JP Morgan Chase & Company CEO Jamie Dimon at Clinton’s Chappaqua Compound outside of New York City—and who, in 2009, both President Obama and Hillary Clinton allowed to break US laws by his, Dimon’s, being able to buy millions-of-dollars of his company’s stocks prior to the public being told his JP Morgan bank was receiving a Federal Reserve $80 billion credit line—and that caused JP Morgan’s stocks to soar and that have had an astonishing 920% dividend growth since 2010.
Within 12 hours of the Hillary Clinton-John Podesta-Jamie Dimon meeting at the Chappaqua Compound, this report continues, the BIS registered the transfer of $1.8 billion from the Clinton Foundation to the Qatar Central Bank.
To why the Clinton Foundation transferred this enormous sum of money to Qatar, this report explains, is due to the longstanding ties between this Islamic neo-patrimonial absolute monarchy and then US Secretary of State Hillary Clinton who “oversaw/managed” the “massive bribery scheme” that allowed this Gulf State nation to secure the 2022 World Cup—and that the Qataris were so appreciative of they donated millions to the Clinton Foundation, and incredibly, in 2011, gave former US President Bill Clinton $1 million for a birthday present—bringing Hillary Clinton’s total “cash grab” from these Persian Gulf sheiks of $100 million—all occurring as recently released secret emails revealed Hillary Clinton’s knowledge that both Qatar and Saudi Arabia were, and still are, funding ISIS.
To what Jamie Dimon “related/said to” Hillary Clinton that caused her to suddenly transfer $1.8 billion to Qatar, this report notes, revolves around his JP Morgan bank being told by the US Federal Deposit Insurance Corporation (FDIC) in April (2016) that this “megabanks” master plan to save itself had “serious deficiencies” that could “pose serious adverse effects to the financial stability of the United States”.
Two months after the FDIC’s warning letter to Jamie Dimon, in June (2016), this report says, he cryptically “sounded a warning” that the United States sub-prime auto loan bubble was nearing collapse and stated that “someone is going to get hurt”.
Unbeknownst to the American people, MoF experts in this report explain, is that just 8 weeks ago multiple warnings began to be issued that the United States $1 trillion sub-prime auto loan bubble was beginning to collapse—and that this past week became so severe the Bank of America issued a recession warning telling its elite customers that “this market is scary”, and the British-based multinational banking and financial services company HSBC, likewise, issued a “Red Alert” warning all of its clients warning them to “prepare for a severe market crash”.
With one of the first “victims/casualties” of this sub-prime auto loan bubble being the German global banking giant Deutsche Bank that is “nearing its doom” and laying off tens-of-thousands of it workers worldwide, this report grimly states, the American mainstream propaganda media is failing to allow the people of that nation to know the full extent of this looming catastrophe—who unlike Hillary Clinton who has just protected $1.8 billion of her wealth, will be left defenseless once again at the hands of their elite rulers.
As Wikileaks secret Hillary Clinton emails have now proven that the US propaganda mainstream media is now totally controlled by her, and who continue their blackout on the “Clinton Crime Story of the Century”, this report continues, the absolutely horrifying statistics released this week showing that an astounding 35% of American who have been brutalized by the Obama-Clinton regime these past 8 years are so buried in debt they can no longer pay their bills is, likewise, being kept from these most innocent of peoples.
And rather than the US propaganda mainstream media warning the American people of their economies looming destruction, this report concludes, they have, instead, begun a “systemic mainstream misinformation” campaign to manipulate the presidential election polls showing Hillary Clinton leading—but that stands opposed to actual (but unreported) polls showing Donald Trump leading.
Critical Note: A highly classified SVR amendment to this MoF report states that upon Qatar receiving Hillary Clinton’s $1.8 billion earlier today, one of that sheikdoms royal places was “ordered emptied” in preparation for the “early November arrival” of a “high value” dignitary—Hillary Clinton perhaps?
by Tyler Durden
Sep 6, 2016 6:30 PM
Why does it seem like almost everything is made in China these days? Yesterday I was looking at some pencils that we had laying around the house and I noticed that they had been manufactured in China. I remarked to my wife that it was such a shame that they don’t make pencils in the United States anymore. At another point during the day, I turned over my television remote and I noticed that it also had “Made In China” engraved on it. With Labor Day just hours in the past, I think that it is quite appropriate to write about our transition from an industrial economy to a paper economy today. Since the year 2000, the United States has lost five million manufacturing jobs even though our population has grown substantially since that time. Manufacturing in America is in a state of stunning decline, our economic infrastructure is being absolutely gutted, and our formerly great manufacturing cities are in an advanced state of decay. We consume far more wealth than we produce, and the only way that we are able to do this is by taking on massive amounts of debt. But is our debt-based paper economy sustainable in the long run?
Back in 1960, 24 percent of all American workers worked in manufacturing. Today, that number has shriveled all the way down to just 8 percent. CNN is calling it “the Great Shift”…
In 1960, about one in four American workers had a job in manufacturing. Today fewer than one in 10 are employed in the sector, according to government data.
Call it the Great Shift. Workers transitioned from the fields to the factories. Now they are moving from factories to service counters and health care centers. The fastest growing jobs in America now are nurses, personal care aides, cooks, waiters, retail salespersons and operations managers.
No wonder the middle class is shrinking so rapidly. There aren’t too many cooks, waiters or retail salespersons that can support a middle class family.
Since the turn of the century, we have lost more than 50,000 manufacturing facilities. Meanwhile, tens of thousands of gleaming new factories have been erected in places like China.
Does anyone else see something wrong with this picture?
At this point, the total number of government employees in the United States exceeds the total number of manufacturing employees by almost 10 million…
Government employees in the United States outnumber manufacturing employees by 9,932,000, according to data released today by the Bureau of Labor Statistics.
Federal, state and local government employed 22,213,000 people in August, while the manufacturing sector employed 12,281,000.
The BLS has published seasonally-adjusted month-by-month employment data for both government and manufacturing going back to 1939. For half a century—from January 1939 through July 1989—manufacturing employment always exceeded government employment in the United States, according to these numbers.
You might be thinking that government jobs are “good jobs”, but the truth is that they don’t produce wealth.
Government employees are really good at pushing paper around and telling other people what to do, but in most instances they don’t actually make anything.
In order to have a sustainable economy, you have got to have people creating and producing things of value. A debt-based paper economy may seem to work for a while, but eventually the whole thing inevitably comes crashing down when faith in the paper is lost.
Right now, the rest of the world is willing to send us massive amounts of stuff that they produce for our paper. So we keep producing more and more paper and we keep going into more and more debt, but at some point the gig will be up.
If we want to be a wealthy nation in the long-term, we have got to produce stuff. That is why the latest news from Caterpillar is so depressing. In addition to the thousands of layoffs that had been previously announced by the industrial machinery giant, it appears that a fresh wave of layoffs has arrived…
Hundreds of mostly office employees received layoff notices at one of the largest Caterpillar Inc. facilities in the Peoria area this week, just as the company announced plans to close overseas production plants and eliminate thousands more positions.
A total of 300 support and management employees at Building AC and the Tech Center in Mossville this week received job loss notifications that included severance packages, 60 days notice and mandated Illinois Worker Adjustment and Retraining Notification Act letters.
During this election season, you will hear many of our politicians talk about how good “free trade” is for the global economy. But that is only true if the trade is balanced. Unfortunately, we have been running a yearly trade deficit of between 400 billion dollars and 600 billion dollars for many years…
When you have got about half a trillion dollars more going out than you have coming in year after year that has severe consequences.
Let me try to break it down very simply.
Imagine that I am the United States and you are China. I take one dollar out of my wallet and I give it to you and then you send me some stuff.
After a while, I want more stuff, so I take another dollar out of my wallet and send it to you in exchange for more products.
But that stuff only lasts for so long, and so pretty soon I find myself taking another dollar out of my wallet and giving it to you for even more stuff.
Ultimately, who is going to end up with all the money?
It isn’t a big mystery as to how China ended up with so much money. And when we can’t pay our bills we have to go and beg them to let us borrow some of the money that we sent to them in the first place. Since we pay interest on that borrowed money, that makes China even richer.
This is why I am so obsessed with these trade issues. They truly are at the very heart of our long-term economic problems.
But most Americans don’t understand these things, and they seem to think that our debt-based paper economy can just keep rolling along indefinitely.
In the end, history will be the judge as to who was right and who was wrong.