The inspiration for this series came from a meme I came across on Facebook which read: “They printed $8 trillion for covid relief, gave you a measly $1,400, and kept the rest for themselves.” I believe that the $8 trillion number is high, it is probably around $5 trillion, but the premise still holds water: after we got our crumbs, what happened to the other trillions of dollars?
Let’s go find out:
1) Political corruption does not only include making yourself and your family wealthy, it can also make your friends wealthy also:
- According to reporting by the Washington Free Beacon, one of Joe Biden’s top political donors and “closest friends” has received millions of dollars worth of Federal contracts.
- And what has to be considered a major conflict of interest, this donor also landed a high ranking job in the Biden White House.
- Joe Kiani, is the lucky guy to get not only $3 million taxpayer dollars for his medical device company, but he got a seat on the President’s Council of Advisors on Science and Technology.
- Kiani’s Masimo Foundation gave over $1 million to the Biden Foundation back in 2017.
- This was in addition to $500,000 Kiani and his wife personally gave to Biden’s foundation.
- Kiani also bundled more than $1 million for Biden by hosting in-person and virtual fundraisers for him, he gave $750,000 to the Biden super PAC Unite the Country, and his foundation gave another $1 million to support Biden's inaugural committee.
- Congressman Ralph Norman has called Biden out on this corruption: "Cronyism in any form is wrong. For someone who has spent almost 40 years in Washington, you'd think President Biden of all people would know that. Yet here we are, another campaign donor receiving a post in the administration, this time on the prestigious President's Council of Advisors on Science and Technology. It's important to get to the bottom of this, and I'm happy to help lead that charge."
- The above money donations do not include the donations that Kiani’s employees also made to Biden’s political efforts.
- Biden's son-in-law, Howard Krein, also benefited from Kiani’s money.
- Krein is the chief medical officer of Startup Health, a company that was started with a substantial investment from Kiani’s company.
Everybody is happy: Biden gets campaign funding, his family gets business funding, Kiani gets government contracts, and a top job influencing government policy that probably will positively influence his company’s financial future. All at taxpayer expense.
2) But this is not the only corruption and conflict of interest in Biden’s world:
- Biden’s Secretary of Energy, Jennifer Granholm, owned millions of dollars worth of stock in Proterra, an electric vehicle battery manufacturer company.
- Imagine that, someone who will have a substantial voice in the future of electric cars has a large chunk of her personal wealth invested in a company that could benefit from a government push towards electric cars, a little conflict of interest here?
- Fortunately, she eventually was forced to sell her shares but not before taking her high ranking government position and making $1.6 million in profit on the sale.
3) The theory behind the Black Lives Matter effort seems noble enough: help lift African Americans out of poverty and end racism in this country both perceived and real. Unfortunately, this noble intent had never been reached as money has corrupted the effort various times, including the following situation:
- According to reporting by the Daily Wire, the Black Lives Matter Global Network Foundation (BLMGNF) has bought a seven bedroom estate, known locally as the “Campus,” in California.
- One would wonder how such a purchase benefits the needs of African Americans especially since the home includes several fireplaces, a pool, a separate bungalow home, and parking for more than 20 cars.
- Estimated cost of the purchase: About $6 million.
- Insider documents show that the BLM people involved knew they were doing something corrupt as the documents show how they were trying to cover up or justify the expense using such tactics as portraying the property as“part of cultural arm” of BLM, an “influencer house” where “based content is produced by artists & creatives,” or as a “safehouse” for BLM leaders who feel their lives are endangered.
- They tried to hide the purchase by using a third party named Dyane Pascall.
- The purchase was made through a series of LLCs including one established by the Perkins Coie law firm.
Oh, by the way, speaking about corruption: The Perkins Coie law firm was used by Hillary Clinton to secretly funnel money to Fusion GPS which was at the center of the farce and made up conflict to discredit the Trump Presidential run. Those funds were used by Fusion GPS to hire former British spy Christopher Steel to make up a totally false and now debunked dosser to embarrass Trump.
4) But it not just high ranking political figures and their donors that are corrupt:
- Sterling Carter, former staff member to Congressman Brad Schneider, pleaded guilty to theft of taxpayer funds.
- He admitted to submitting false paperwork when he was responsible for the office budget, processing payroll, and processing bonus payments when working for another member of Congress.
- According to court documents: “Between November 2019 and January 21, 2021, in the District of Columbia, CARTER fraudulently filled out, signed, and submitted unauthorized [bonus pay forms] causing [the House of Representatives Office of Payroll and Benefits] to pay CARTER approximately $80,491.67 in unauthorized payments.”
- He faces up to ten years in prison.
Enough corruption chronicles for today: paying yourself with taxpayer wealth, buying yourself mansions with charity donations using a shady law firm with a shady history of creating falsehoods, controlling the market while having a substantial investment in that market, and cronyism is alive and well in Biden World.
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