Can’t quit your day job when you’re a starving artist until you hit the big time, right? Well, for some artists, it helps to have a family name that keeps the money rolling in so you can peddle access to your father and still do what you love during the day.
In a recent exchange between a reporter and White House Press Secretary Jen Psaki, the administration could not explain why Hunter Biden, President Biden’s son, is still involved with a Chinese investment firm linked to the Chinese Community Party called Bohai Harvest RST (BHR).
As Psaki doesn’t explain, Hunter Biden is trying to wind this involvement down but he’s not sure how to divest from a banking scheme that involves offshore accounts in the Caymans and hidden payments with no paper trail:
White House press secretary Jen Psaki dodged specifics on Hunter Biden’s ownership stake in a Chinese government-linked investment firm, saying only that “he has been working to wind that down” and directing reporters to speak with the president’s son for further details.
The lack of transparency comes despite promises from President Joe Biden that his family would not have any foreign business ties.
The Washington Examiner reported last week that Chinese business records indicate that Hunter Biden still appears to hold a 10% equity stake in Bohai Harvest RST (Shanghai) Equity Investment Fund Management.
For Hunter Biden to still be involved in any foreign investments, despite his father’s pledge that no member of his family would be taking money from any foreign source, speaks to how corrupt and embarrassing this situation remains for the Biden-Harris administration. Psaki’s explanation basically boils down to the fact that Hunter Biden does not work in the administration, so this really isn’t a question the White House has to answer for.
Now, however, that we know the laptop found in a Delaware computer shop last year was indeed owned by Hunter Biden, and Politico, among other media outlets, have continued to validate and verify much of the contents of the laptop, the White House owes the country more explanation:
A review of BHR’s financial documents, including 2019 company board meeting minutes found on Hunter Biden’s purported laptop and provided to the Washington Examiner by Jack Maxey, a former co-host of the Steve Bannon’s War Room podcast, show the firm had access to tens of millions or hundreds of millions of dollars for Chinese and global investments and set up a complicated web of China-based and Cayman Islands-based shell companies and subsidiaries.
The White House has continued playing a game of “don’t ask us” when it comes to anything related to Hunter Biden’s illicit activities which so obviously and clearly create numerous conflicts of interest and the appearance of outright corruption within the Biden family.
Joe Biden, on the campaign trail, was vehement in claims that none of his family members would be taking foreign money if he won the presidency and would not be doing any activity which even gave the appearance of impropriety.
Much to the contrary, however, from selling questionable art to people about to be nominated for an ambassadorship by his father, to continued collection of foreign money, the situation wreaks of corruption and influence-peddling, and Joe Biden doesn’t seem to care. On the other hand, President Biden and his surrogates are indignant that anyone would even ask whether there is a problem.
From what it appears, Hunter Biden was supposed to leave his position in 2019 at the Chinese firm, but it doesn’t look like he’s going anywhere:
BHR and Hunter Biden’s lawyers have not responded to the Washington Examiner’s questions about whether he would relinquish his holdings in the Chinese firm.
Through one of his lawyers, George Mesires, Hunter Biden promised to leave the board of the Chinese firm by the end of October 2019, but his resignation was submitted to China’s National Enterprise Credit Information Publicity System in the spring of 2020. He maintains his ownership stake.
Something is rotten in the Biden family and the White House communications department coupled with a willing media is covering it up. Deflection goes a long way in simply kicking the can down the road long enough that people end up forgetting and moving on to something else.
