Friday, October 2, 2020

DAVID STOCKMAN PROVIDES SOME NEEDED DISCUSSION OF BIDEN CORRUPTION


Alas, the Donald had no time for policy. Never has.

His modus operandi is to attack, belittle, insult and smear. Yet even in that modality, he did manage to do a solid for the public good. That is, he smoked out the systemic, relentless and shameless mendacity by which the ruling elites deny and expurgate any an all efforts to expose their malign misdeeds.

In this case, it was with respect to the documented $3.5 million wire transfer from the wife of the ex-Mayor of Moscow and Russia’s richest woman, Elena Baturina, to Hunter Biden. As the Senate committee recently revealed based on actual intercepts from Fedwire:

On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC bank account for a “Consultancy Agreement DD12.02.2014.”

Separately, between May 6, 2015 and Dec. 8, 2015, Baturina also sent 11 wires in the amount of $391,968.21 to a bank account belonging to BAK USA LLC (BAK USA). Nine of the 11 transactions, totaling $241,797.14 were sent from Baturina’s accounts to a Rosemont Seneca Thornton bank account, which then transferred to the money to BAK USA.

As it happened, Hunter Biden was no more of a qualified investment manager than he was an expert on Ukrainian gas production, but he was intimately connected to an apparent Dem schmear. In the case of the above mentioned transfers to BAK USA, it had involved none other than Governor Andrew Cuomo (D., N.Y.), who had recently announced in a press release the grand opening of BAK USA’s new global headquarters, proclaiming,

BAK’s decision to locate its global headquarters in Buffalo is another success story for this city and for START-UP NY….the expansion of the global headquarters, one of the first American firms to produce its own-branded electronic tablets, is complete…

Buffalo has become a leader in high-tech manufacturing and Bak USA’s newly completed expansion in the heart of the city means new jobs, more economic activity and more momentum for a region already on the move. Bak USA’s successful expansion in Western New York is yet another example of companies coming to New York and staying here to grow their businesses in our state.”

Alas, a year or two latter BAK USA was defunct. As Stephen Watson of the Buffalo News reported in 2019, “The company’s recent filing for Chapter 7 bankruptcy liquidation shows Bak USA has $39.4 million in debts and just $147,000 in assets.”

Quite a hole, that. Or the residue of plunder, as the case may be.

Yet when the Donald brought up this smelly chain of events, Sleepy Joe just stiffly swatted it away as a matter completely untrue and fully debunked.

Well, yes, the recipient of the funds was not Hunter Biden’s personal checking account, but a Rosemont Seneca Thornton LLC bank account and that’s where the Dem spin machine attempted a “gotcha”. It seems that Hunter Biden was indeed a co-founding partner along with Devon Archer, a former staff to John Kerry, and Chris Heinz, the latter’s stepson and billionaire heir to the Ketchup fortune, in a firm called Rosemont Seneca sans the “Thornton LLC” bit.

So according to the Dem spinmeister: Mistaken identity, Fedwire tracking number an all!

Actually not at all. It seems that the Rosemont trio had reached out to a top-drawer partner to extend their global reach. That happened to be a Massachusetts-based consultancy called the Thornton Group, hence the added name on the checking account which received the Moscow wires. Yet that did not stop the Biden spokesman from insisting that Hunter was not a co-founder of Rosemont Seneca Thornton LLC, even though his firm, Rosemont Seneca, was just one lawyer’s document removed.

As it further happened, the Thornton piece of the Russian-money receiving LLC was controlled by one James Bulger. The latter was the son of former Massachusetts state senator and Dem bagman, Billy Bulger, who, in turn, was the brother of the notorious mob hitman James “Whitey” Bulger.

The latter, of course, had famously been a Boston crime lord who turned FBI informant and had been run by none other than, well, Bobby “three sticks” Mueller. That was back in the day when Mueller was perfecting the art of squeezing his targets as he moved up the food chain of purported miscreants.

In any event, James Bulger’s firm had a Chinese counterpart called Solebury Thornton (Beijing) Consulting Co., Ltd. Together Thornton LCC and Solebury Thornton claimed to function as a cross-border capital intermediary whose purpose was to facilitate the strategic vision of its clients by providing advisory services and deal structuring expertise.

Moreover, Bulger’s partner in the China side of the enterprise was Michael Lin, who was also the principle behind BAK USA!

Truly, you can’t make this stuff up.

So it should not be surprising that the Thornton LLC and Solebury Thornton combo positioned itself as a “bridge” between the East and the West by “combining its Western business experience with its unique Chinese local market insight and network.”

Sure thing. But stay tuned for Part 2. The moral of the story is the modern Democratic Party is anchored in this kind of sleaze and grift (think the Clinton Foundation), yet has the audacity to dismiss any and all attempts to expose the truth as unworthy skullduggery based on nothing other than right-wing conspiracy theories.

Hopefully, during the next debate there will be a moderator who doesn’t keep giving Sleepy Joe a hall pass whenever the Donald is asleep at the switch, as he clearly was in this case when after landing the punch he failed to dispatch his opponent.


 

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