Recently publicized bank records revealed that Hunter Biden and James Biden – President Joe Biden’s son and brother – earned seven-figure salaries, thanks to a joint venture with Chinese businessmen. These businessmen, purportedly connected with the Chinese Communist Party’s (CCP) intelligence services, invested almost $11 million in the joint venture.
Sens. Chuck Grassley (R-IA) and Ron Johnson (R-WI) issued the bank records, consisting of more than 200 pages, on Oct. 25. The records were sent to a Delaware prosecutor investigating Hunter’s likely criminal business dealings with foreign countries. The Republican lawmakers had been investigating Hunter for almost four years now.
Grassley and Johnson also attached a letter berating U.S. Attorney David Weiss for his failure to respond to their congressional oversight requests. The lawmakers expressed concerns that maybe the federal prosecutor is holding up and not doing a complete investigation of the president’s son or the Department of Justice is hampering the inquiry.
They added that the evidence amounts to possible criminal financial activity with respect to Hunter and James, who went by the name of “Jim” when he participated in the Chinese joint venture.
An examination of the bank statements by the Daily Mail showed Hunter’s Chinese business partners transferred an amount of $10,736,413.50 to a Cathay Bank account for Hudson West III LLC, a corporation co-owned by Hunter’s company Owasco PC and a CEFC subsidiary, between September 2017 and November 2018.
As CEFC showered millions into the joint venture, Hunter and Jim withdrew the cash and paid themselves $100,000 and $65,000 monthly salaries, respectively.
The operating agreement for the Delaware-incorporated company issued by the senators stated Hunter would also get a $500,000 one-time retainer fee.
Hunter, James and the latter’s wife Sara had access to credit cards financed by CEFC to the amount of $101,098.61, which they used for big spending on Apple products, hotels and restaurants.
CEFC executive Patrick Ho paid Hunter $1 million from the company’s capital as a retainer after he hired the president’s son as his lawyer following his arrest in November 2017 on bribery and money laundering charges.
The report by the senators cited that Hunter and Jim’s companies acquired $4,968,220.01 from Hudson West.
The millions of dollars were apparently for the Bidens’ job of helping to land energy deals for CEFC worldwide, which Hunter and his family stashed away in only a year’s time. (Related: Emails indicate Joe Biden was “assisting and benefiting” from son Hunter Biden’s global business ventures.)
Biden family’s business partners connected to CCP elements
According to Grassley and Johnson, the documents disclosed “the Biden family’s connections to the Chinese regime and persons connected to its military and intelligence elements.”
They pointed out that CEFC was not an ordinary private corporation since it had numerous close connections to the CCP. Company chairman Ye Jianming had links to the CCP and the People’s Liberation Army. Aside from this, CEFC’s subsidiaries were full of party committees.
Ye, also the founder of CEFC, has appeared as a regular figure in the Biden family’s financial dealings with China.
Meanwhile, Gongwn Dong – another business partner of Hunter – served as a former CFO of Radiance Property Holdings, a company that has “deep connections to united front groups linked to Chinese intelligence.”
“Gongwen served as a manager/officer of Hudson West III, Hudson West IV, and Hudson West V. These are business entities associated with Hunter Biden, which shows the close business and financial relationship between the two of them,” said the two GOP senators.
Hunter had made several joint ventures with CEFC through his Hudson West businesses. These ventures, as stated by Senate investigators, served as channels of funding that were intended as ways to “move money.”
The president’s son also had a joint venture with CEFC known as Sinohawk Holdings, which involved his former business partner Tony Bobulinski.
Follow BidenCrimeFamily.news for more news about the corrupt business dealings of the Biden family.
Watch the video below to know how the Biden crime family has been exposed.
This video is from the Son of the Republic channel on Brighteon.com.
More related stories:
- Hunter Biden under scrutiny for business deals with Chinese exec with links to military.
- Hunter Biden owned stock in company tied to Chinese Communist government, emails show.
- The dam is about to burst: Whistleblower documents link Joe Biden directly to Hunter’s crooked business dealings.
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Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
