1 00:00:11,697 --> 00:00:14,977 Speaker 1: You're listening to The Buck Sexton Show podcast, make sure 2 00:00:14,977 --> 00:00:17,977 Speaker 1: you subscribe to the podcast on the iHeartRadio app or 3 00:00:18,017 --> 00:00:21,537 Speaker 1: wherever you get your podcasts. Hey, everybody, welcome to the 4 00:00:21,537 --> 00:00:25,017 Speaker 1: Buck Sexton Show. On this episode, we have the one 5 00:00:25,017 --> 00:00:28,377 Speaker 1: and only Peter Schweitzer. You will know him from his 6 00:00:28,497 --> 00:00:31,657 Speaker 1: many best selling books. He's an investigative reporter and author. 7 00:00:32,257 --> 00:00:36,897 Speaker 1: His latest book, Red Handed, How American Elites Get rich. 8 00:00:37,177 --> 00:00:42,017 Speaker 1: Helping China win is really important and I'm excited to 9 00:00:42,017 --> 00:00:43,657 Speaker 1: talk toim about it now. Peter, Great to have you 10 00:00:43,697 --> 00:00:44,097 Speaker 1: on the show. 11 00:00:44,817 --> 00:00:46,537 Speaker 2: Great to be with you, Buck, Thanks for having me. 12 00:00:46,777 --> 00:00:49,497 Speaker 1: So just give everybody if we could start this because 13 00:00:49,497 --> 00:00:51,017 Speaker 1: you know, we're going to talk Biden and we're going 14 00:00:51,057 --> 00:00:52,897 Speaker 1: to get into some of that, and we're going to 15 00:00:52,977 --> 00:00:56,137 Speaker 1: talk about some of the specifics here of individuals who 16 00:00:57,177 --> 00:01:01,417 Speaker 1: it seems we're willing to certainly sell themselves, if not 17 00:01:01,497 --> 00:01:03,737 Speaker 1: sell out their country a little bit on behalf of 18 00:01:03,777 --> 00:01:06,897 Speaker 1: the Chinese Communist Party. Give us a sense of the 19 00:01:06,937 --> 00:01:08,897 Speaker 1: scope of the problem. 20 00:01:09,337 --> 00:01:12,457 Speaker 2: Yeah, the scope of the problem touches basically all the 21 00:01:12,497 --> 00:01:16,217 Speaker 2: corners of America, Washington, d C, Silicon Valley, and Wall Street. 22 00:01:16,617 --> 00:01:18,937 Speaker 2: And it's predicated on a very simple idea that the 23 00:01:19,017 --> 00:01:22,177 Speaker 2: Chinese have, which they call elite capture. They've used it 24 00:01:22,217 --> 00:01:24,537 Speaker 2: in New Orleans, sorry, New Orleans. They've used it in 25 00:01:24,577 --> 00:01:27,137 Speaker 2: New Zealand. They've used it in Australia, they've used it 26 00:01:27,137 --> 00:01:30,257 Speaker 2: in Singapore. And the idea is pretty simple. Rather than 27 00:01:30,297 --> 00:01:35,097 Speaker 2: go to toe toe to toe with countries and have confrontations, 28 00:01:35,177 --> 00:01:37,737 Speaker 2: you basically buy off their political elites, and you do 29 00:01:37,817 --> 00:01:41,337 Speaker 2: that by giving commercial deals to their family members. And 30 00:01:41,377 --> 00:01:44,257 Speaker 2: it's working very, very well in the United States. It 31 00:01:44,257 --> 00:01:46,577 Speaker 2: includes people on both sides of the isle, and it 32 00:01:46,617 --> 00:01:48,657 Speaker 2: includes some of the biggest names in Wall Street and 33 00:01:48,697 --> 00:01:50,737 Speaker 2: Silicon Valley as well. 34 00:01:50,857 --> 00:01:53,817 Speaker 1: So give me some you know, we're, like I said, 35 00:01:53,817 --> 00:01:55,457 Speaker 1: we're going to get to the Biden component of this, 36 00:01:55,577 --> 00:01:59,777 Speaker 1: but it's a lot more than that in China's efforts 37 00:01:59,817 --> 00:02:03,497 Speaker 1: to undermine the United States from within, and a lot 38 00:02:03,497 --> 00:02:07,217 Speaker 1: of ways I find even more frightening, Peter than some 39 00:02:07,337 --> 00:02:10,977 Speaker 1: of the you know, the Soviets were relying on ideological 40 00:02:11,537 --> 00:02:13,137 Speaker 1: fellow travelers comrades. 41 00:02:13,217 --> 00:02:13,337 Speaker 2: Right. 42 00:02:13,377 --> 00:02:17,017 Speaker 1: For the Soviets, it was this false promise of a utopia. 43 00:02:17,257 --> 00:02:21,537 Speaker 1: Find some malcontent in America who thinks that eventually he'll 44 00:02:21,537 --> 00:02:23,417 Speaker 1: be greeted you know, it's back in the in the 45 00:02:23,457 --> 00:02:25,777 Speaker 1: fifties and the sixties, the seventies, he'll be greeted as 46 00:02:25,777 --> 00:02:28,257 Speaker 1: a hero. There were the occasional whether you know, an 47 00:02:28,377 --> 00:02:30,777 Speaker 1: FBI turncode or somebody who was doing it just for 48 00:02:30,817 --> 00:02:33,697 Speaker 1: the money, but you know, usually the money is not 49 00:02:33,737 --> 00:02:35,897 Speaker 1: that good and if you get caught, you're gonna go 50 00:02:35,977 --> 00:02:37,497 Speaker 1: to prison forever. Right, So it was people that were 51 00:02:37,537 --> 00:02:42,377 Speaker 1: ideologically motivated. Usually with China. If they can give people 52 00:02:42,497 --> 00:02:45,537 Speaker 1: millions and millions of dollars and they're not going to 53 00:02:45,617 --> 00:02:47,777 Speaker 1: jail for it, I feel like that's a lot more 54 00:02:48,297 --> 00:02:51,537 Speaker 1: problematic for us because it's a much more persuasive bargain 55 00:02:52,017 --> 00:02:55,057 Speaker 1: and therefore gives them much greater leverage to undermine the 56 00:02:55,217 --> 00:02:55,977 Speaker 1: US from within. 57 00:02:57,097 --> 00:02:59,337 Speaker 2: No, I mean, this is a key point, Buck. We've 58 00:02:59,417 --> 00:03:02,497 Speaker 2: never faced anything like this, and you're correct. I mean 59 00:03:02,537 --> 00:03:06,497 Speaker 2: the Soviets others like the Cubans use an ideological appeal, 60 00:03:06,577 --> 00:03:09,337 Speaker 2: or they find somebody that's got personal financial problems that 61 00:03:09,417 --> 00:03:12,657 Speaker 2: needs election the extra cash. What the Chinese do is 62 00:03:12,657 --> 00:03:17,017 Speaker 2: they appeal to our sense of capitalism, they appeal to 63 00:03:17,057 --> 00:03:21,057 Speaker 2: our sense of friendship, and they embrace it. And it's 64 00:03:21,177 --> 00:03:23,817 Speaker 2: very very effective. And where there are people that are 65 00:03:23,857 --> 00:03:27,577 Speaker 2: so wealthy, like Bill Gates, who don't necessarily need money 66 00:03:27,617 --> 00:03:31,457 Speaker 2: from China. They appeal to their sense of value as 67 00:03:31,537 --> 00:03:33,817 Speaker 2: a world leader. So a guy like Bill Gates, you're 68 00:03:33,817 --> 00:03:36,377 Speaker 2: not going to necessarily get by some commercial deal because 69 00:03:36,417 --> 00:03:39,377 Speaker 2: he's already worth one hundred billion dollars. But you can 70 00:03:39,457 --> 00:03:42,657 Speaker 2: name him one of the fifty most influential people in 71 00:03:42,777 --> 00:03:46,337 Speaker 2: Chinese history, right next to Karl Marx and Mao, and 72 00:03:46,377 --> 00:03:49,657 Speaker 2: you can give him awards, and President g will shower 73 00:03:49,737 --> 00:03:52,417 Speaker 2: him with attention when he shows up. So they're very 74 00:03:52,417 --> 00:03:57,497 Speaker 2: good at taking our weaknesses, taking perhaps some of our 75 00:03:57,617 --> 00:04:01,857 Speaker 2: sins or sinful nature, and using it to their strategic advantage. 76 00:04:01,857 --> 00:04:04,177 Speaker 2: And they've been masterful at it. And as you point out, 77 00:04:04,617 --> 00:04:07,177 Speaker 2: not really any of this is illegal, which is what 78 00:04:07,257 --> 00:04:08,257 Speaker 2: makes it so challenging. 79 00:04:08,657 --> 00:04:12,817 Speaker 1: Right, you take a suitcase full of money to give 80 00:04:12,857 --> 00:04:18,537 Speaker 1: the names of you know, US agents operating in let's 81 00:04:18,537 --> 00:04:21,697 Speaker 1: say the Soviet Union. It's treason and you know you 82 00:04:21,737 --> 00:04:23,657 Speaker 1: could even get the death penalty for this, right, I mean, 83 00:04:23,777 --> 00:04:25,577 Speaker 1: you're you're in a whole hell of a lot of trouble. 84 00:04:26,177 --> 00:04:30,017 Speaker 1: You get millions of dollars for consulting from China, because 85 00:04:30,097 --> 00:04:32,217 Speaker 1: you're some kind of you have some kind of business 86 00:04:32,257 --> 00:04:34,577 Speaker 1: interest in that country, or they're going to pay you 87 00:04:34,657 --> 00:04:38,297 Speaker 1: for your expertise. That's just capitalism, baby, right, that's a 88 00:04:38,337 --> 00:04:43,657 Speaker 1: whole different ballgame. Give us some sense of who who's 89 00:04:43,777 --> 00:04:46,417 Speaker 1: involved in this in a way that when you were 90 00:04:46,417 --> 00:04:49,177 Speaker 1: doing your research for Red Handed, the book that everybody 91 00:04:49,177 --> 00:04:51,657 Speaker 1: should check out get a copy of right now, how 92 00:04:51,697 --> 00:04:56,377 Speaker 1: American elites helped get American elites get rich helping China win. 93 00:04:57,737 --> 00:05:00,297 Speaker 1: Who's involved in this that was a little surprising, or 94 00:05:00,897 --> 00:05:05,337 Speaker 1: their involvement in getting rich from China was so egregious 95 00:05:05,457 --> 00:05:07,177 Speaker 1: that you had to say to yourself, is this really 96 00:05:07,257 --> 00:05:07,937 Speaker 1: what's going on? 97 00:05:09,537 --> 00:05:12,137 Speaker 2: Good question. Well, I'll give you a couple of examples. 98 00:05:12,217 --> 00:05:14,697 Speaker 2: One that was particularly appalling to me. I think it's 99 00:05:14,697 --> 00:05:18,017 Speaker 2: an illustration of what selling your soul looks like. Is 100 00:05:18,257 --> 00:05:22,257 Speaker 2: a Wall Street Titan named Ray Dalio. Ridgewater Associates the 101 00:05:22,337 --> 00:05:25,377 Speaker 2: largest hedge fund in the world. Ray Daalio in twenty 102 00:05:25,417 --> 00:05:30,137 Speaker 2: seventeen wrote this glowing book called Principles Ironically, and in 103 00:05:30,177 --> 00:05:33,937 Speaker 2: that book he describes a gentleman from China who's had 104 00:05:33,977 --> 00:05:36,857 Speaker 2: this profound effect on him, and he writes glnely for 105 00:05:36,937 --> 00:05:41,337 Speaker 2: seven pages, how Wonki Sean has been this remarkable force 106 00:05:41,417 --> 00:05:44,417 Speaker 2: for good on a global scale. He talks about him 107 00:05:44,457 --> 00:05:48,137 Speaker 2: as this sort of philosophical giant that's unlike any leader 108 00:05:48,697 --> 00:05:50,417 Speaker 2: that we've had in the last one hundred years, and 109 00:05:50,417 --> 00:05:53,097 Speaker 2: he just gushes on and on and on. So I'm thinking, 110 00:05:53,137 --> 00:05:55,097 Speaker 2: who is this guy, Wonky Sean? I look it up, 111 00:05:55,137 --> 00:05:59,177 Speaker 2: and of course he is She's enforcer. The Economist magazine 112 00:05:59,217 --> 00:06:02,137 Speaker 2: calls him the most feared man in China, because if 113 00:06:02,177 --> 00:06:05,017 Speaker 2: you get disappeared in China, Wonkyi Sean is the guy 114 00:06:05,017 --> 00:06:07,497 Speaker 2: that makes it happen. And so I thought to myself, 115 00:06:07,537 --> 00:06:11,297 Speaker 2: what prompts a guy like ray Daalio, who's clearly smart. 116 00:06:11,537 --> 00:06:13,417 Speaker 2: He can go and look at what the Economist says 117 00:06:13,457 --> 00:06:15,857 Speaker 2: about this guy. Why is he gushing on and on 118 00:06:15,937 --> 00:06:19,257 Speaker 2: and on for seven to ten pages about how wonderful 119 00:06:19,297 --> 00:06:22,577 Speaker 2: this person is as an individual. Well about a year 120 00:06:22,617 --> 00:06:25,657 Speaker 2: after he publishes the book, Wonky Sean is the Chinese 121 00:06:25,657 --> 00:06:30,057 Speaker 2: official that approves his company, Bridgewater Associates, to become the 122 00:06:30,097 --> 00:06:34,537 Speaker 2: first Western financial firm to offer hedge front products to 123 00:06:34,617 --> 00:06:37,297 Speaker 2: the average person in China. So, to me, that is 124 00:06:37,337 --> 00:06:41,177 Speaker 2: a classic example of the appalling lengths to which people 125 00:06:41,217 --> 00:06:44,857 Speaker 2: are willing to go in order to cash in before 126 00:06:44,897 --> 00:06:47,257 Speaker 2: I go to the I'm trying to hold myself back 127 00:06:47,257 --> 00:06:49,017 Speaker 2: here a little bit on the political want. 128 00:06:49,057 --> 00:06:51,857 Speaker 1: I want to know the full everything you got on Biden, 129 00:06:51,897 --> 00:06:54,457 Speaker 1: everything you got on Pelosi when it comes to this stuff. 130 00:06:54,897 --> 00:06:57,697 Speaker 1: I think's interesting though, on the cover of your book 131 00:06:57,737 --> 00:07:02,337 Speaker 1: Red Handed, Lebron James is there. How does Lebron James 132 00:07:02,377 --> 00:07:04,617 Speaker 1: find himself on the cover of a book about people 133 00:07:04,657 --> 00:07:06,057 Speaker 1: selling out to China? 134 00:07:07,017 --> 00:07:10,617 Speaker 2: Well, it's interesting. Lebron James actually probably make some more 135 00:07:10,737 --> 00:07:13,377 Speaker 2: money from his deals in China that he does in 136 00:07:13,417 --> 00:07:16,457 Speaker 2: the United States, and he has some very lucrative deals 137 00:07:16,457 --> 00:07:19,777 Speaker 2: with Chinese state media and other entities. And while people 138 00:07:19,817 --> 00:07:24,177 Speaker 2: are familiar with sort of the kerfluffel in twenty nineteen 139 00:07:24,217 --> 00:07:27,337 Speaker 2: when the Houston Rockets general manager, you know, stood up 140 00:07:27,337 --> 00:07:30,657 Speaker 2: for the freedom protesters in Hong Kong and Lebron James 141 00:07:30,657 --> 00:07:34,377 Speaker 2: told him he was uneducated, his appeasement of China actually 142 00:07:34,417 --> 00:07:37,537 Speaker 2: goes back a lot longer than that, which is one 143 00:07:37,577 --> 00:07:40,937 Speaker 2: of the things that was surprising. In two thousand and eight, 144 00:07:41,257 --> 00:07:46,257 Speaker 2: there was a big petition drive in the NBA concerning Darfur, Sudan, 145 00:07:46,377 --> 00:07:49,417 Speaker 2: where there were millions, sorry, hundreds of thousands of black 146 00:07:49,497 --> 00:07:53,257 Speaker 2: Christians being massacred in Sudan. The government was backed by 147 00:07:53,297 --> 00:07:56,737 Speaker 2: the government of China, and so the petition drive called 148 00:07:56,777 --> 00:08:00,337 Speaker 2: for a condemnation of the Chinese government backing a government 149 00:08:00,697 --> 00:08:03,977 Speaker 2: that was massacring hundreds of thousands of black Christians. The 150 00:08:04,057 --> 00:08:06,457 Speaker 2: petition went around the NBA, A lot of people signed it. 151 00:08:06,497 --> 00:08:08,697 Speaker 2: One of the people who did not sign it was 152 00:08:08,817 --> 00:08:12,977 Speaker 2: Lebron James, and the reason was that he even then 153 00:08:13,097 --> 00:08:18,337 Speaker 2: had clear signs and designs on expanding his business empire 154 00:08:18,377 --> 00:08:20,457 Speaker 2: into China. And that's why to this day he will 155 00:08:20,497 --> 00:08:23,377 Speaker 2: not criticize China and is an example to me of 156 00:08:23,417 --> 00:08:26,137 Speaker 2: this kind of sellout mentality. So you have, in this 157 00:08:26,257 --> 00:08:29,257 Speaker 2: case an athlete who talks about black lives matter, but 158 00:08:29,417 --> 00:08:32,337 Speaker 2: apparently these two hundred thousand black lives in South Sudan 159 00:08:32,457 --> 00:08:35,857 Speaker 2: did not matter because the people that were perpetuating the 160 00:08:35,857 --> 00:08:38,417 Speaker 2: massacre were people that were also paying him money. 161 00:08:39,457 --> 00:08:41,017 Speaker 1: I want to come back now. I'm going to allow 162 00:08:41,057 --> 00:08:44,017 Speaker 1: myself to start asking some of the political questions that 163 00:08:44,417 --> 00:08:46,697 Speaker 1: I held back as long as I could. But first 164 00:08:46,737 --> 00:08:48,497 Speaker 1: I want to tell everybody at home, please, if you're 165 00:08:48,497 --> 00:08:51,417 Speaker 1: watching this on YouTube, make sure you subscribe because we 166 00:08:51,457 --> 00:08:54,057 Speaker 1: have a whole lot more YouTube interviews like this that 167 00:08:54,097 --> 00:08:56,057 Speaker 1: will be coming up in the weeks and months ahead. 168 00:08:56,257 --> 00:08:58,457 Speaker 1: Also are going to have some of my rants, some 169 00:08:58,857 --> 00:09:01,457 Speaker 1: monologues will be appearing here on the channel going forward, 170 00:09:01,497 --> 00:09:04,497 Speaker 1: So please click subscribe bottom of your screen. And also 171 00:09:05,137 --> 00:09:07,017 Speaker 1: you see all the headlines these days about what's going 172 00:09:07,057 --> 00:09:09,977 Speaker 1: on in the economy. We got a rolling bank cry 173 00:09:10,097 --> 00:09:12,497 Speaker 1: sins it's not over yet. We've got high inflation, got 174 00:09:12,537 --> 00:09:14,577 Speaker 1: a lot of the big hedge funds out there are 175 00:09:14,617 --> 00:09:17,697 Speaker 1: preparing for a brutal summer in the markets, and that 176 00:09:17,737 --> 00:09:20,097 Speaker 1: could mean massive recession. Who knows. Look at the commercial 177 00:09:20,137 --> 00:09:22,897 Speaker 1: real estate sector. The dominoes could fall at any moment. 178 00:09:22,977 --> 00:09:24,417 Speaker 1: So what do you want to do in the meantime 179 00:09:24,657 --> 00:09:27,137 Speaker 1: sit around and wait? You can take action. You can 180 00:09:27,177 --> 00:09:30,897 Speaker 1: prepare for the future with the purchase of gold. Look, 181 00:09:30,977 --> 00:09:34,177 Speaker 1: I want our dollar to be the world's reserve currency forever, 182 00:09:34,297 --> 00:09:36,537 Speaker 1: but you might want to take a look at what's 183 00:09:36,537 --> 00:09:38,057 Speaker 1: going on with the dollar and with the debt these 184 00:09:38,177 --> 00:09:41,497 Speaker 1: days and take action by having real solid precious metals 185 00:09:41,497 --> 00:09:44,697 Speaker 1: gold and silver at home. The value instability of gold. 186 00:09:44,697 --> 00:09:47,257 Speaker 1: That's both an investment and a hedge against inflation has 187 00:09:47,297 --> 00:09:50,217 Speaker 1: been proven throughout history. Gold and silver can be a 188 00:09:50,217 --> 00:09:53,937 Speaker 1: protection plant for your portfolio. Call the Oxford Gold Group. 189 00:09:53,977 --> 00:09:55,657 Speaker 1: It's who I use, it's who I trust, It's who 190 00:09:55,657 --> 00:09:57,657 Speaker 1: I've been getting my gold and silver from for years. 191 00:09:58,017 --> 00:10:01,097 Speaker 1: Eight three three four to three zero buck. That's eight 192 00:10:01,137 --> 00:10:05,177 Speaker 1: three three four three zero bucek. They make it easy. 193 00:10:05,217 --> 00:10:06,577 Speaker 1: They've been at this for a long time. They can 194 00:10:06,617 --> 00:10:08,897 Speaker 1: send it right to your home. It's secure, it's safe, 195 00:10:08,977 --> 00:10:13,537 Speaker 1: it's DISCREETE called the Oxford Gold Group today. They're knowledgeable 196 00:10:13,777 --> 00:10:17,657 Speaker 1: and trustworthy. Eight three three four sorr eight three three 197 00:10:17,737 --> 00:10:21,057 Speaker 1: four three zero two eight two five. That's eight three 198 00:10:21,217 --> 00:10:25,017 Speaker 1: three four to three zero buck b u c k 199 00:10:25,577 --> 00:10:29,217 Speaker 1: or two eight two five. All right, Peter, so we 200 00:10:29,377 --> 00:10:32,697 Speaker 1: know that the bidens we're going to build up to. 201 00:10:32,737 --> 00:10:35,697 Speaker 1: That one got a lot of money from China. What's 202 00:10:35,737 --> 00:10:41,177 Speaker 1: the Pelosi China connection? Yeah, this is very interesting. 203 00:10:41,177 --> 00:10:44,217 Speaker 2: I mean Nancy Pelosi, when she came into Congress in 204 00:10:44,977 --> 00:10:49,897 Speaker 2: the late eighties, was actually very anti CCP. She at 205 00:10:49,937 --> 00:10:51,897 Speaker 2: one point in the nineteen nineties was part of this 206 00:10:51,937 --> 00:10:54,977 Speaker 2: congressional delegation that showed up and tried to unfurl a 207 00:10:55,057 --> 00:10:58,457 Speaker 2: banner on Taneman Square and the Chinese police kind of 208 00:10:58,457 --> 00:11:02,177 Speaker 2: went answer after a congressman Pelosi and took it away, 209 00:11:02,217 --> 00:11:03,897 Speaker 2: and it was sort of this big incident, and she 210 00:11:03,937 --> 00:11:06,737 Speaker 2: had that reputation for a long time. That started to 211 00:11:06,817 --> 00:11:10,057 Speaker 2: change in the two thousands, and it changed critically around 212 00:11:10,097 --> 00:11:13,097 Speaker 2: on the two thousand and eight Olympics because her husband, 213 00:11:13,657 --> 00:11:18,017 Speaker 2: Paul Pelosi, was the owner of a luxury limousine company 214 00:11:18,617 --> 00:11:22,977 Speaker 2: and they were sought out and offered and given an exclusive, 215 00:11:23,537 --> 00:11:28,257 Speaker 2: very nice contract to deliver VIPs in Beijing as part 216 00:11:28,297 --> 00:11:30,297 Speaker 2: of the Olympics. And that was the beginning of the 217 00:11:30,297 --> 00:11:35,097 Speaker 2: commercial ties that started to exist between the Pelosis and China. 218 00:11:35,857 --> 00:11:38,977 Speaker 2: They took a big stake in several China investment funds. 219 00:11:39,337 --> 00:11:42,977 Speaker 2: Nancy Pelosi's son made several trips seeking business deals in 220 00:11:43,057 --> 00:11:46,297 Speaker 2: China and secured some there. So Pelosi has kind of 221 00:11:46,417 --> 00:11:49,297 Speaker 2: reversed course. And while she does things like take these 222 00:11:49,377 --> 00:11:53,897 Speaker 2: trips to China, sorry to Taiwan that was so high profile, 223 00:11:54,257 --> 00:11:58,057 Speaker 2: her general posture towards China is exactly what Beijing wants. 224 00:11:58,257 --> 00:12:01,417 Speaker 2: And this is really important. Buck what the Chinese are 225 00:12:01,457 --> 00:12:04,737 Speaker 2: looking for from elites that they capture is not sort 226 00:12:04,737 --> 00:12:08,017 Speaker 2: of a robotic the CCP is great, we love Mao. 227 00:12:08,337 --> 00:12:11,297 Speaker 2: They describe it as big hell help with a little 228 00:12:11,297 --> 00:12:14,617 Speaker 2: bad mouth. In other words, they want help on the 229 00:12:14,657 --> 00:12:18,097 Speaker 2: big things that matter, which is trade policy, military policy, 230 00:12:18,217 --> 00:12:20,737 Speaker 2: not calling them out for COVID, those sorts of things. 231 00:12:21,337 --> 00:12:23,817 Speaker 2: If you ding them on human rights, if you say 232 00:12:23,857 --> 00:12:27,057 Speaker 2: Taiwan's a great place, they'll live with that. So Nancy 233 00:12:27,097 --> 00:12:30,497 Speaker 2: Pelosi is absolutely a captured elite, and you see this 234 00:12:30,657 --> 00:12:34,537 Speaker 2: dramatic change in her posture that begins to happen when 235 00:12:34,617 --> 00:12:37,577 Speaker 2: her family starts securing commercial deals in China. 236 00:12:37,737 --> 00:12:40,577 Speaker 1: Can you also give us a sense for these elites 237 00:12:41,297 --> 00:12:44,337 Speaker 1: on the political side or on the corporate side of 238 00:12:45,017 --> 00:12:49,657 Speaker 1: the downside, if you will financially of crossing China, How 239 00:12:49,817 --> 00:12:52,537 Speaker 1: on it are they right? I mean, are there examples 240 00:12:52,537 --> 00:12:57,017 Speaker 1: that you came across with this where someone either broke 241 00:12:57,257 --> 00:13:00,297 Speaker 1: from the line that Beijing wants or refused to play 242 00:13:00,337 --> 00:13:03,457 Speaker 1: the game that Beijing was trying to dictate to them 243 00:13:03,897 --> 00:13:04,977 Speaker 1: and they got hit. 244 00:13:06,337 --> 00:13:09,977 Speaker 2: Well, the most dramatic examples would be in Hollywood, guys 245 00:13:10,177 --> 00:13:12,977 Speaker 2: like Richard Gear and Brad Pitt, who did movies that 246 00:13:13,057 --> 00:13:17,297 Speaker 2: were favorable towards the Dali Lama or Tibet and they 247 00:13:17,297 --> 00:13:20,617 Speaker 2: cannot get any of their films distributed in China, which 248 00:13:20,657 --> 00:13:23,737 Speaker 2: is a huge limitation in the political world. In the 249 00:13:23,777 --> 00:13:28,177 Speaker 2: corporate world, it generally doesn't happen. If you look at 250 00:13:28,177 --> 00:13:30,937 Speaker 2: Mitch McConnell, for example, his wife Elaine Chow, they have 251 00:13:30,977 --> 00:13:34,417 Speaker 2: a shipping business that really beginning in nineteen ninety three. 252 00:13:34,417 --> 00:13:37,257 Speaker 2: The Chinese government said to the Chow family, Hey, tell 253 00:13:37,257 --> 00:13:40,577 Speaker 2: you what. We will build the ships for your shipping business. 254 00:13:40,657 --> 00:13:44,177 Speaker 2: We'll finance the construction with state owned banks, we'll provide 255 00:13:44,217 --> 00:13:46,577 Speaker 2: all the crews, we'll give you all the contracts to 256 00:13:46,617 --> 00:13:51,097 Speaker 2: ship those goods around the world. The Chow family said, yes, absolutely, 257 00:13:51,177 --> 00:13:55,497 Speaker 2: we're on board, and the business grew exponentially. A problem 258 00:13:55,577 --> 00:13:58,817 Speaker 2: is now that it's generally acknowledged that if Mitch mcconough 259 00:13:58,897 --> 00:14:01,057 Speaker 2: were to lay down the gauntlet on China on these 260 00:14:01,097 --> 00:14:04,257 Speaker 2: issues again big help with a little bad mouth, they'll 261 00:14:04,297 --> 00:14:06,777 Speaker 2: tolerate some criticism. But if he were to lay down 262 00:14:06,777 --> 00:14:11,137 Speaker 2: the gauntlet, the Chinese could destroy the family shipping business overnight. 263 00:14:11,977 --> 00:14:14,657 Speaker 2: That has a massive detern effect, and I think that's 264 00:14:14,697 --> 00:14:18,097 Speaker 2: the reason we don't see too many people defect once 265 00:14:18,097 --> 00:14:19,937 Speaker 2: they've been captured by the Chinese. 266 00:14:20,097 --> 00:14:22,057 Speaker 1: Did you think it's fair to say at this point, 267 00:14:22,057 --> 00:14:26,137 Speaker 1: I mean, do you feel like we can't trust the 268 00:14:26,337 --> 00:14:29,217 Speaker 1: Senate majority leader on issues related to China because of this? 269 00:14:29,257 --> 00:14:30,337 Speaker 1: I mean, is he compromised? 270 00:14:31,657 --> 00:14:34,297 Speaker 2: I think he is. Yeah. I mean, look, the family 271 00:14:34,337 --> 00:14:38,137 Speaker 2: shipping business is now enormously successful. They're highly dependent on 272 00:14:38,137 --> 00:14:41,137 Speaker 2: the Chinese. His father in law gave him a gift 273 00:14:41,137 --> 00:14:44,297 Speaker 2: of I think twenty five million dollars sort of a 274 00:14:44,297 --> 00:14:46,817 Speaker 2: friendship gift to his son in law that directly came 275 00:14:46,857 --> 00:14:49,457 Speaker 2: from the shipping business. And you look at the other 276 00:14:49,577 --> 00:14:53,297 Speaker 2: members of the Chow family. His in laws. Angela Chaw, 277 00:14:53,337 --> 00:14:56,577 Speaker 2: who's Lane Cho's sister, sits on the board of directors 278 00:14:56,617 --> 00:14:59,417 Speaker 2: of the Bank of China, which is the state owned bank. 279 00:15:00,177 --> 00:15:02,577 Speaker 2: You look at some of the other businesses that the 280 00:15:02,657 --> 00:15:06,657 Speaker 2: Chinese State Shipbuilding Corporation has started. That's the biggest military 281 00:15:06,737 --> 00:15:11,577 Speaker 2: contractor in China. When they launched those businesses, they put 282 00:15:11,777 --> 00:15:14,377 Speaker 2: Mitch McConnell's father in law and sistern law on the 283 00:15:14,417 --> 00:15:17,817 Speaker 2: board of those entities. So yeah, I think it's very 284 00:15:17,937 --> 00:15:20,617 Speaker 2: very hard for him to extricate himself. Again, he will 285 00:15:20,657 --> 00:15:23,537 Speaker 2: be critical of the Chinese, but when push comes to 286 00:15:23,577 --> 00:15:26,537 Speaker 2: shove on these issues, he will not push and support 287 00:15:26,617 --> 00:15:29,417 Speaker 2: legislation that will sort of lay down the gauntlet, whether 288 00:15:29,457 --> 00:15:31,497 Speaker 2: it's on COVID or national security issues. 289 00:15:32,417 --> 00:15:34,617 Speaker 1: Yeah, I get this sense that you hear a lot 290 00:15:34,657 --> 00:15:38,657 Speaker 1: of talk about standing up to China, and you hear 291 00:15:38,737 --> 00:15:42,177 Speaker 1: from Republicans and Democrats now and then I always wonder 292 00:15:42,457 --> 00:15:45,377 Speaker 1: how right like what this is, and I feel like 293 00:15:45,417 --> 00:15:47,617 Speaker 1: this is now the expectation. It's, oh, you know, we're 294 00:15:47,617 --> 00:15:49,577 Speaker 1: gonna sure, we're gonna do so much much China. But 295 00:15:49,577 --> 00:15:51,737 Speaker 1: the Chinese know, as long as everything stays as it 296 00:15:51,777 --> 00:15:54,537 Speaker 1: really is, nothing really changes for them. We're going to 297 00:15:54,577 --> 00:15:57,057 Speaker 1: get into Biden here in just a second. But first off, 298 00:15:57,097 --> 00:15:59,577 Speaker 1: you know, this week I did something really special. So 299 00:15:59,577 --> 00:16:02,217 Speaker 1: the first for me, I got to interview this amazing 300 00:16:02,537 --> 00:16:07,337 Speaker 1: market analyst with a tremendous record of incredible predictions, including 301 00:16:07,377 --> 00:16:09,457 Speaker 1: going on TV and calling the nineteen eighty seven stock 302 00:16:09,457 --> 00:16:13,057 Speaker 1: market crash for it happened. That guy was my dad, 303 00:16:13,297 --> 00:16:17,617 Speaker 1: Mason Sexton, and he launched a new product this week, 304 00:16:17,857 --> 00:16:20,177 Speaker 1: the first time in thirty years that he's come forward. 305 00:16:20,177 --> 00:16:22,937 Speaker 1: He's been advising hedge funds behind the scenes for years now, 306 00:16:23,377 --> 00:16:25,777 Speaker 1: but he decided, given where the market's heading now, he 307 00:16:25,857 --> 00:16:27,817 Speaker 1: wanted to tell people what he thinks is going to happen, 308 00:16:28,177 --> 00:16:30,257 Speaker 1: and how you can get ready for it, and how 309 00:16:30,297 --> 00:16:32,657 Speaker 1: you can actually make money. You can defend your capital 310 00:16:32,697 --> 00:16:34,977 Speaker 1: and make money if you know how to make the 311 00:16:35,097 --> 00:16:38,617 Speaker 1: right moves. He's worried about what's happening, and he says, 312 00:16:38,697 --> 00:16:41,497 Speaker 1: it's just weeks away before you're going to see some 313 00:16:41,697 --> 00:16:44,577 Speaker 1: massive moves in the market that he's predicting. You want 314 00:16:44,577 --> 00:16:46,257 Speaker 1: to see what the predictions are. You want to see 315 00:16:46,297 --> 00:16:49,057 Speaker 1: how he wants to guide you through this turbulent time 316 00:16:49,057 --> 00:16:53,137 Speaker 1: in the markets. Go to Disruption twenty twenty three dot com. 317 00:16:53,337 --> 00:16:56,177 Speaker 1: See how my dad, Mason Sexton is going to be 318 00:16:56,217 --> 00:17:00,337 Speaker 1: predicting the markets Disruption twenty twenty three dot com. That's 319 00:17:00,377 --> 00:17:06,097 Speaker 1: Disruption twenty twenty three dot com. All right, Peter, the 320 00:17:06,177 --> 00:17:11,017 Speaker 1: Biden crime family and China, tell me what I need 321 00:17:11,057 --> 00:17:11,257 Speaker 1: to know? 322 00:17:12,217 --> 00:17:14,137 Speaker 2: Well, I think what you need to know first off 323 00:17:14,297 --> 00:17:17,417 Speaker 2: is that, in contrast to the McConnell's or even others 324 00:17:17,577 --> 00:17:20,017 Speaker 2: like you know, the the Trump family who has had 325 00:17:20,017 --> 00:17:23,937 Speaker 2: commercial ties in China, the Bidens don't actually have an 326 00:17:24,017 --> 00:17:27,057 Speaker 2: underlying business. You know, the Kushners have real estate that 327 00:17:27,297 --> 00:17:29,497 Speaker 2: you know, Avanka Trump had her shoes made in China, 328 00:17:29,537 --> 00:17:32,217 Speaker 2: but she actually had a shoe line. Mitch mcconnald's company 329 00:17:32,297 --> 00:17:35,777 Speaker 2: actually has a shipping company. The Bidens don't have a business. 330 00:17:36,057 --> 00:17:37,897 Speaker 2: That's the first thing that you have to understand. The 331 00:17:37,937 --> 00:17:40,937 Speaker 2: second thing is the flow of money from China began 332 00:17:41,097 --> 00:17:43,697 Speaker 2: when Joe Biden became Vice President of the United States 333 00:17:43,937 --> 00:17:47,977 Speaker 2: and shortly after Barack Obama anointed him publicly is the 334 00:17:48,017 --> 00:17:51,497 Speaker 2: point person on policy towards China. That's when this bigot 335 00:17:51,537 --> 00:17:54,297 Speaker 2: began to open. And if you look at the emails, 336 00:17:54,337 --> 00:17:57,897 Speaker 2: the laptop emails, you find that some thirty one million 337 00:17:57,937 --> 00:18:00,697 Speaker 2: dollars has flowed to the Biden family based on the 338 00:18:00,697 --> 00:18:04,217 Speaker 2: wire transfers and the communication and the emails. But I 339 00:18:04,217 --> 00:18:06,217 Speaker 2: think the most troubling part of this buck and I 340 00:18:06,297 --> 00:18:09,217 Speaker 2: think you know, with your background you'll appreciate this perhaps 341 00:18:09,257 --> 00:18:12,857 Speaker 2: more than anyone, is you can identify the four people 342 00:18:12,897 --> 00:18:14,857 Speaker 2: I'd name them in the book, the four people that 343 00:18:15,017 --> 00:18:17,977 Speaker 2: made it rain for the Bidens in China. Each one 344 00:18:17,977 --> 00:18:21,137 Speaker 2: of those four has ties to the highest levels of 345 00:18:21,217 --> 00:18:25,137 Speaker 2: Chinese intelligence. So for example, Chai Feng, he got that 346 00:18:25,217 --> 00:18:28,617 Speaker 2: BHR private equity deal. It's worth about twenty million dollars 347 00:18:28,617 --> 00:18:31,457 Speaker 2: to Hunter Biden at the same time that Chae Feng 348 00:18:31,777 --> 00:18:35,377 Speaker 2: secured that deal for Hunter Biden, he was business partners 349 00:18:35,417 --> 00:18:38,577 Speaker 2: with the Vice Minister of State Security in China, the 350 00:18:38,697 --> 00:18:43,377 Speaker 2: vice of State Security responsible for the recruitment of foreign 351 00:18:43,497 --> 00:18:47,777 Speaker 2: nationals to spy for China. If you look at Henry Jao, 352 00:18:47,937 --> 00:18:51,857 Speaker 2: who transferred six million dollars to Hunter Biden at the 353 00:18:51,937 --> 00:18:55,057 Speaker 2: same time he made that happen, he was business partners 354 00:18:55,097 --> 00:18:58,737 Speaker 2: with the family of the former head of the Ministry 355 00:18:58,857 --> 00:19:01,977 Speaker 2: of State Security. All four of the people that sent 356 00:19:02,057 --> 00:19:05,297 Speaker 2: money to the Bidens, again with no underlying business, no 357 00:19:05,537 --> 00:19:08,497 Speaker 2: service or product in return for that money. Each one 358 00:19:08,537 --> 00:19:11,737 Speaker 2: of those individuals was tied to Chinese intelligence. That in 359 00:19:11,777 --> 00:19:14,617 Speaker 2: my mind is not a coincidence, and I think we 360 00:19:14,737 --> 00:19:18,257 Speaker 2: have to stop looking at the Biden situation not as 361 00:19:18,457 --> 00:19:22,257 Speaker 2: just corruption. This is a foreign intelligence operation. This is 362 00:19:22,297 --> 00:19:26,617 Speaker 2: a Chinese effort to capture America's first family, and I 363 00:19:26,657 --> 00:19:28,217 Speaker 2: believe they have successfully done so. 364 00:19:29,137 --> 00:19:37,017 Speaker 1: How much money went from anything connected to a Chinese national, okay, 365 00:19:37,057 --> 00:19:41,057 Speaker 1: any bank and he to Hunter Biden directly, Like, do 366 00:19:41,097 --> 00:19:42,857 Speaker 1: we have an aggregate total? 367 00:19:43,417 --> 00:19:46,257 Speaker 2: Yeah? Yeah, so we know that there was six million 368 00:19:46,337 --> 00:19:50,617 Speaker 2: sent to him by chairman Yee. That's the CEFC Energy company. 369 00:19:51,217 --> 00:19:53,857 Speaker 2: Before he ended up CEFC, he was the head of 370 00:19:53,897 --> 00:19:59,937 Speaker 2: a Chinese military intelligence operation that was exactly so he 371 00:20:00,097 --> 00:20:04,257 Speaker 2: sent six million dollars to Hunter Biden. We know that 372 00:20:04,337 --> 00:20:07,817 Speaker 2: Henry Jauss sent five million dollars. He's the guy that 373 00:20:07,937 --> 00:20:12,697 Speaker 2: was the partners with the former Minister of State Security. 374 00:20:12,857 --> 00:20:15,617 Speaker 2: And then we have this BHR private equity deal. We 375 00:20:15,697 --> 00:20:17,897 Speaker 2: don't know the valuation of it, but the University of 376 00:20:17,977 --> 00:20:21,057 Speaker 2: Chicago Business School did an estimate and said that his stake, 377 00:20:21,337 --> 00:20:24,217 Speaker 2: which he was given by the Chinese government was about 378 00:20:24,217 --> 00:20:27,417 Speaker 2: worth about twenty million dollars. So there's thirty one million 379 00:20:27,497 --> 00:20:30,897 Speaker 2: dollars right there. That doesn't include other deals that we 380 00:20:31,057 --> 00:20:33,417 Speaker 2: know of, but we don't know the dollar amounts. And 381 00:20:33,457 --> 00:20:35,217 Speaker 2: I think that thing we have to remember with this 382 00:20:35,297 --> 00:20:39,257 Speaker 2: Congressional committee, the Oversight Committee, is they've gone through four 383 00:20:39,377 --> 00:20:42,857 Speaker 2: of twelve banks that the bidens used for the transference 384 00:20:42,897 --> 00:20:45,177 Speaker 2: of this money. So they have the total at eleven 385 00:20:45,217 --> 00:20:47,857 Speaker 2: million right now. That number is going to continue to 386 00:20:47,897 --> 00:20:49,937 Speaker 2: go up, and I think it's going to probably ultimately 387 00:20:49,977 --> 00:20:52,217 Speaker 2: surpass thirty one million dollars. 388 00:20:52,817 --> 00:20:57,217 Speaker 1: What is that money supposed to be for? You know, 389 00:20:57,417 --> 00:20:59,737 Speaker 1: I often make jokes. This is true, by the way, Peter. 390 00:20:59,817 --> 00:21:01,457 Speaker 1: You know, back in the day when when they actually 391 00:21:01,457 --> 00:21:04,377 Speaker 1: would allow Republicans or conservatives to go on CNN and 392 00:21:04,457 --> 00:21:06,577 Speaker 1: argue with people, I would point out to them about 393 00:21:06,577 --> 00:21:08,417 Speaker 1: the Hillary Clinton Foundation, which I know you've done a 394 00:21:08,457 --> 00:21:11,857 Speaker 1: lot of work in the Clinton Foundation, that at some 395 00:21:11,937 --> 00:21:14,137 Speaker 1: point paying someone eight hundred thousand dollars for a speech 396 00:21:14,217 --> 00:21:16,497 Speaker 1: is just a legalized bribe. The same way that you know, 397 00:21:16,577 --> 00:21:18,817 Speaker 1: if I were if I were in public office and 398 00:21:18,857 --> 00:21:22,257 Speaker 1: all of a sudden my wife was a painter and 399 00:21:22,337 --> 00:21:25,497 Speaker 1: people were buying her paintings for a million dollars apiece 400 00:21:25,537 --> 00:21:27,897 Speaker 1: out of nowhere, that's a brillact, right, I mean, this 401 00:21:27,937 --> 00:21:30,657 Speaker 1: is this is very and Hunter Biden's actually doing that, 402 00:21:30,697 --> 00:21:31,177 Speaker 1: which is what I. 403 00:21:31,217 --> 00:21:32,217 Speaker 2: Think is so amazing. 404 00:21:32,297 --> 00:21:35,257 Speaker 1: I mean, he's selling these paintings for fifty thousand dollars apiece. 405 00:21:35,937 --> 00:21:38,857 Speaker 1: What is the money that went from China to the 406 00:21:38,937 --> 00:21:42,897 Speaker 1: Biden interest supposed to be for? Like, what's the cover story, 407 00:21:42,937 --> 00:21:47,297 Speaker 1: if you will? And is it illegal? You know that's 408 00:21:47,297 --> 00:21:52,097 Speaker 1: always it's gross, But is it illegal? Yeah, that's a 409 00:21:52,097 --> 00:21:55,537 Speaker 1: great question. I'm not a lawyer on the legal part. 410 00:21:55,577 --> 00:21:58,577 Speaker 1: I would just say if it's not illegal. It should 411 00:21:58,617 --> 00:21:59,097 Speaker 1: be because I. 412 00:21:59,017 --> 00:22:00,857 Speaker 2: Mean, do we really want do we really want to 413 00:22:00,857 --> 00:22:04,337 Speaker 2: live in a country where the President of the United States, family, 414 00:22:04,457 --> 00:22:07,857 Speaker 2: the Secretary of Defense, the Senate Majority leader, their family 415 00:22:07,897 --> 00:22:10,097 Speaker 2: can go to China and just scoop up gobs of 416 00:22:10,137 --> 00:22:12,457 Speaker 2: money and they could say, well, it's not illegal, everything's fine. 417 00:22:12,497 --> 00:22:14,537 Speaker 2: Nothing to see here. I don't think anybody wants to 418 00:22:14,577 --> 00:22:18,457 Speaker 2: live in that country. So the legal part I'll set aside. 419 00:22:18,457 --> 00:22:20,337 Speaker 2: But you know, if you look at these emails and 420 00:22:20,377 --> 00:22:23,097 Speaker 2: you look at the communications, this money is for quote 421 00:22:23,177 --> 00:22:29,297 Speaker 2: unquote joint ventures that never appear. So Henry Jao transfers 422 00:22:29,537 --> 00:22:31,937 Speaker 2: five million dollars to Hunter Biden in twenty fifteen to 423 00:22:31,937 --> 00:22:35,617 Speaker 2: four a quote unquote joint venture. Does a joint venture 424 00:22:35,657 --> 00:22:38,297 Speaker 2: ever emerge? No, it does not, And the money goes 425 00:22:38,337 --> 00:22:40,777 Speaker 2: into Hunter Biden's personal pocket. It does not go into 426 00:22:40,857 --> 00:22:44,417 Speaker 2: a business account. When the when the House Overside Committee 427 00:22:44,457 --> 00:22:49,817 Speaker 2: released their recent report, Hunter Biden's reaction when they disclosed that, 428 00:22:49,897 --> 00:22:51,897 Speaker 2: you know, millions of dollars had flowed to him from 429 00:22:51,897 --> 00:22:55,057 Speaker 2: this energy company, he said that that money was a 430 00:22:55,337 --> 00:22:59,137 Speaker 2: good faith seed money. I don't know what that means, 431 00:22:59,137 --> 00:23:01,337 Speaker 2: and I don't know why good faith seed money going 432 00:23:01,337 --> 00:23:03,937 Speaker 2: into a business ends up going into the pockets of 433 00:23:04,057 --> 00:23:07,857 Speaker 2: family members rather than actually of the underlying business itself. 434 00:23:07,937 --> 00:23:13,417 Speaker 2: So the subterfuge is joint ventures partnerships, but they never emerged, 435 00:23:13,497 --> 00:23:16,337 Speaker 2: they don't exist, and there, as you said, just to 436 00:23:16,457 --> 00:23:19,377 Speaker 2: cover for the transfer of money to the Biden family. 437 00:23:19,617 --> 00:23:23,257 Speaker 1: Yeah, so effectively, if if I told somebody, you know, 438 00:23:23,257 --> 00:23:25,297 Speaker 1: if my dad was the president, and I said, you know, 439 00:23:25,497 --> 00:23:28,897 Speaker 1: I'm a I'm a world class chocolate chip cookie maker, 440 00:23:29,457 --> 00:23:32,417 Speaker 1: and so my cookies are worth a million dollars each, 441 00:23:33,057 --> 00:23:36,057 Speaker 1: you know, people are supposed to accept that that's they're 442 00:23:36,097 --> 00:23:39,937 Speaker 1: paying for the cookies, right, joint venture Like, I've tried 443 00:23:39,937 --> 00:23:42,217 Speaker 1: to raise money for things before, I've been in I've 444 00:23:42,217 --> 00:23:44,697 Speaker 1: been in venture capital meetings. I've you know, if you 445 00:23:44,737 --> 00:23:46,497 Speaker 1: just said, hey, give me twenty million bucks for a 446 00:23:46,617 --> 00:23:49,857 Speaker 1: joint venture TBD, I mean, people would think you were 447 00:23:50,017 --> 00:23:51,417 Speaker 1: out of your mind. I mean they would think that 448 00:23:51,457 --> 00:23:53,297 Speaker 1: there was something truly wrong with you. But not if 449 00:23:53,297 --> 00:23:57,097 Speaker 1: you're Hunter Biden. And I think it's remarkable that this 450 00:23:57,137 --> 00:23:59,417 Speaker 1: is where we are and the pollution of both parties 451 00:23:59,417 --> 00:24:02,057 Speaker 1: that's occurred is really stunning. Peter, I want to come 452 00:24:02,097 --> 00:24:04,097 Speaker 1: back and ask you, what is the what is the 453 00:24:04,137 --> 00:24:06,377 Speaker 1: cleanup process to this? If we were willing to do 454 00:24:06,417 --> 00:24:08,057 Speaker 1: it as a country, what does that look like? But 455 00:24:08,537 --> 00:24:11,577 Speaker 1: before we get there, you know, I recently heard from 456 00:24:11,737 --> 00:24:17,097 Speaker 1: a listener to the radio show who's traveling on airplanes constantly, 457 00:24:17,617 --> 00:24:20,977 Speaker 1: and he said, look, I made the ultimate business travel move. 458 00:24:21,137 --> 00:24:24,817 Speaker 1: Left his laptop behind the airport security line. Now you 459 00:24:24,897 --> 00:24:26,857 Speaker 1: leave it behind, and now what do you do? You 460 00:24:27,297 --> 00:24:29,657 Speaker 1: freak out right because he doesn't find out to the 461 00:24:29,737 --> 00:24:31,217 Speaker 1: lands of the next destination. Is he ever going to 462 00:24:31,297 --> 00:24:34,297 Speaker 1: get back? The good news is he had I Drive. 463 00:24:34,817 --> 00:24:36,857 Speaker 1: Our friends that I Drive had him backed up. 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Okay, 482 00:25:29,377 --> 00:25:31,857 Speaker 1: So how do we clean up the mess of China 483 00:25:32,417 --> 00:25:35,177 Speaker 1: making so many of our elites red handed the title 484 00:25:35,177 --> 00:25:38,537 Speaker 1: of Peter's excellent book by paying them off in various ways? 485 00:25:38,577 --> 00:25:39,577 Speaker 1: What does that look like, Peter? 486 00:25:40,937 --> 00:25:43,697 Speaker 2: I think it begins with public shame. I think shame 487 00:25:43,777 --> 00:25:46,057 Speaker 2: still works. And I think you're starting to see already 488 00:25:46,097 --> 00:25:48,497 Speaker 2: that Apple and some of the big tech companies realize 489 00:25:48,537 --> 00:25:52,297 Speaker 2: that this sort of panda embrace that they've had is 490 00:25:52,337 --> 00:25:56,777 Speaker 2: not popular. So Apple's starting to ship shift its subproduction 491 00:25:56,857 --> 00:25:58,937 Speaker 2: of iPhones to India. That's going to take a while. 492 00:25:59,137 --> 00:26:01,657 Speaker 2: I think in Washington, d C. It begins with disclosure. 493 00:26:01,737 --> 00:26:04,817 Speaker 2: Think about it this way, Buck, Joe Biden has to 494 00:26:04,897 --> 00:26:08,657 Speaker 2: disclose every two hundred dollars campaign contribution that he gets, 495 00:26:08,857 --> 00:26:12,217 Speaker 2: he has to disclose every thousand dollars in ge stock 496 00:26:12,337 --> 00:26:15,057 Speaker 2: or whatever he has in investments. But if his son 497 00:26:15,537 --> 00:26:18,617 Speaker 2: goes off and secures private equity deals with the Chinese 498 00:26:18,617 --> 00:26:21,497 Speaker 2: government with twenty million dollars where he has no expertise, 499 00:26:21,537 --> 00:26:24,697 Speaker 2: doesn't do anything for the money, there's no disclosure requirement. 500 00:26:24,817 --> 00:26:27,697 Speaker 2: So that's absurd. So we have to change the disclosure laws. 501 00:26:27,937 --> 00:26:30,057 Speaker 2: I think if you have a if you are in government, 502 00:26:30,137 --> 00:26:33,417 Speaker 2: elected or unelected at senior level, you have to disclose 503 00:26:33,457 --> 00:26:36,177 Speaker 2: if your family members have commercial ties with China or 504 00:26:36,217 --> 00:26:40,257 Speaker 2: other state back companies. That's the beginning of the process. 505 00:26:40,737 --> 00:26:43,137 Speaker 2: But I think the Bidens will be a test case. 506 00:26:43,457 --> 00:26:45,417 Speaker 2: And I think the fact that Joe Biden had to 507 00:26:45,417 --> 00:26:48,057 Speaker 2: commit in twenty twenty to no more foreign deals, and 508 00:26:48,137 --> 00:26:50,457 Speaker 2: I think so far he seems to have honored that 509 00:26:50,977 --> 00:26:53,817 Speaker 2: is an indication that people know how unpopular this is. 510 00:26:53,897 --> 00:26:58,337 Speaker 2: So this Congressional Oversight Committee investigation of the Bidens is key, 511 00:26:58,417 --> 00:27:02,017 Speaker 2: and it's important it needs to be disclosed. When people 512 00:27:02,057 --> 00:27:04,697 Speaker 2: say is going to end in a prosecution, I don't 513 00:27:04,697 --> 00:27:06,697 Speaker 2: know if it is or not, but the American people 514 00:27:06,817 --> 00:27:10,417 Speaker 2: need to know what the first family's commercial ties are 515 00:27:10,537 --> 00:27:12,697 Speaker 2: to China and it needs to be pounded into them, 516 00:27:13,017 --> 00:27:15,177 Speaker 2: and that I think is the beginning of the process, 517 00:27:15,497 --> 00:27:17,537 Speaker 2: and I feel like it's starting to turn. I just 518 00:27:17,617 --> 00:27:21,937 Speaker 2: saw a Harvard poll that came out. It showed sixty 519 00:27:21,977 --> 00:27:25,177 Speaker 2: three percent of independence believe that the Biden's engaged in 520 00:27:25,377 --> 00:27:31,577 Speaker 2: illegal influence pedaling during his vice presidency. That's among independence. 521 00:27:31,577 --> 00:27:35,417 Speaker 2: Among Republicans is even higher. So it indicates that attitudes 522 00:27:35,457 --> 00:27:37,497 Speaker 2: are starting to shift on this. He's in it. 523 00:27:37,497 --> 00:27:41,617 Speaker 1: And also remarkable, I'm sure Peter that you haven't had 524 00:27:41,817 --> 00:27:44,537 Speaker 1: for your research on this, particularly as it pertains the Bidens. 525 00:27:44,577 --> 00:27:48,337 Speaker 1: But you point out, Mitch McConnell, Trump's a business interest, 526 00:27:48,377 --> 00:27:51,897 Speaker 1: but it doesn't you know, I don't think that leveraging 527 00:27:51,937 --> 00:27:54,497 Speaker 1: Ivanka's shoeline being made in China was going to change 528 00:27:54,537 --> 00:27:56,897 Speaker 1: the trajectory of Trump foreign policy, to be fair. But 529 00:27:57,297 --> 00:28:03,177 Speaker 1: I remember the Washington Post writing pieces about the emolument's clause. 530 00:28:03,257 --> 00:28:05,017 Speaker 1: I'm sure you remember this too, right, like just the 531 00:28:05,097 --> 00:28:09,297 Speaker 1: notion that there were foreigners going to the Trump hotel 532 00:28:09,377 --> 00:28:14,577 Speaker 1: in DC to buy you know, the hanging bacon they 533 00:28:14,657 --> 00:28:15,937 Speaker 1: used to have there with a little blow towards I 534 00:28:16,057 --> 00:28:19,537 Speaker 1: won a few times and the cheeseburgers. That was a 535 00:28:19,617 --> 00:28:23,297 Speaker 1: violation of the emolument's clause. Joe Biden's son is a 536 00:28:23,337 --> 00:28:25,817 Speaker 1: bag man walking around the globe to the worst. You know, 537 00:28:25,817 --> 00:28:28,537 Speaker 1: our biggest Ukraine. Oh, cand you talk about that first. 538 00:28:28,617 --> 00:28:30,497 Speaker 1: We didn't get into that, did you. Well what's the Ukraine? 539 00:28:30,617 --> 00:28:33,097 Speaker 1: I mean, we all know Barisma, but remind everybody would 540 00:28:33,097 --> 00:28:34,297 Speaker 1: have it with Barisma and Hunter. 541 00:28:34,857 --> 00:28:37,457 Speaker 2: Well, the thing with Hunter is it's a veritable United 542 00:28:37,537 --> 00:28:40,777 Speaker 2: Nations of corrupt people. I mean it's China, it's Ukraine, 543 00:28:41,057 --> 00:28:45,017 Speaker 2: the energy company Barisma, which you know was giving him 544 00:28:45,017 --> 00:28:47,297 Speaker 2: a million dollars a year, something he didn't know about. 545 00:28:47,577 --> 00:28:51,137 Speaker 2: Let's also remember that he was working for Elena Boderina. 546 00:28:51,257 --> 00:28:53,417 Speaker 2: She sent three point five million dollars to him. She 547 00:28:53,497 --> 00:28:55,897 Speaker 2: was the wife of the former mayor of Moscow, who 548 00:28:55,977 --> 00:28:58,257 Speaker 2: was by the way, identified in Wiki leaks in a 549 00:28:58,297 --> 00:29:03,137 Speaker 2: State Department cable as somebody involved with Russian organized crime. So, 550 00:29:03,657 --> 00:29:05,297 Speaker 2: I mean, this is the thing people have to realize. 551 00:29:05,297 --> 00:29:09,137 Speaker 2: With the Bidens, their quote unquote global business did not 552 00:29:09,257 --> 00:29:13,657 Speaker 2: include companies in Tokyo, companies in Berlin or London. They 553 00:29:13,737 --> 00:29:17,097 Speaker 2: went to Ukraine and China, which were the two countries 554 00:29:17,137 --> 00:29:20,017 Speaker 2: that by the way, were Joe Biden's portfolio as vice 555 00:29:20,017 --> 00:29:22,217 Speaker 2: president of the United States, and then they went to 556 00:29:22,297 --> 00:29:26,297 Speaker 2: Romania and Russia. This is where they found their business partners. 557 00:29:26,337 --> 00:29:31,817 Speaker 2: So it is a consistent example. And the notion that somehow, well, 558 00:29:31,857 --> 00:29:35,897 Speaker 2: that's Hunter Biden's business, Joe Biden was not involved is 559 00:29:35,937 --> 00:29:39,577 Speaker 2: also laughable because the target of the money was Joe 560 00:29:39,617 --> 00:29:43,497 Speaker 2: Biden via his son. That's why these foreign entities were 561 00:29:43,537 --> 00:29:47,417 Speaker 2: paying Hunter. And there's evidence in the laptop that, in fact, 562 00:29:47,497 --> 00:29:50,937 Speaker 2: Hunter Biden was providing funds to his father as vice president, 563 00:29:50,937 --> 00:29:54,377 Speaker 2: which is not legal. He was subsidizing his lifestyle. So 564 00:29:54,457 --> 00:29:58,057 Speaker 2: Joe Biden himself was a beneficiary of this foreign money 565 00:29:58,097 --> 00:30:00,417 Speaker 2: that was flowing to Hunter Biden. So you are quite 566 00:30:00,537 --> 00:30:04,017 Speaker 2: right this notion of double standards. I believed at the 567 00:30:04,057 --> 00:30:07,817 Speaker 2: beginning of the sort of Russia Gate collusion investigation it 568 00:30:07,817 --> 00:30:09,937 Speaker 2: ought to be looked at because it was so shocking, 569 00:30:10,577 --> 00:30:13,457 Speaker 2: and then we realized it was nothing behind it. But 570 00:30:13,577 --> 00:30:17,097 Speaker 2: the fact that Democrats in the left have resisted investigating 571 00:30:17,097 --> 00:30:20,097 Speaker 2: the bidens, to me is just appalling, and I think 572 00:30:20,137 --> 00:30:22,657 Speaker 2: it is going to really damage the reputation of the 573 00:30:22,697 --> 00:30:26,017 Speaker 2: mainstream media as this information continues to spill out. 574 00:30:26,577 --> 00:30:30,337 Speaker 1: The book is red handed how American elites get rich 575 00:30:30,577 --> 00:30:34,457 Speaker 1: helping China win. Peter Schwitzer always appreciate your work man. 576 00:30:34,497 --> 00:30:36,057 Speaker 1: Thank you so much for being here with us. And 577 00:30:36,817 --> 00:30:38,577 Speaker 1: if you happen to write another book, you need to 578 00:30:38,617 --> 00:30:40,017 Speaker 1: come back on the program and tell us about it. 579 00:30:40,057 --> 00:30:40,617 Speaker 1: What do you say? 580 00:30:41,177 --> 00:30:43,537 Speaker 2: I would love it, Buck, Thanks, it was a great time. 581 00:30:43,537 --> 00:30:44,337 Speaker 2: Thankks so much.