Speaker 1: You're listening to The Buck Sexton Show podcast, make sure
Speaker 1: you subscribe to the podcast on the iHeartRadio app or
Speaker 1: wherever you get your podcasts. Hey, everybody, welcome to the
Speaker 1: Buck Sexton Show. On this episode, we have the one
Speaker 1: and only Peter Schweitzer. You will know him from his
Speaker 1: many best selling books. He's an investigative reporter and author.
Speaker 1: His latest book, Red Handed, How American Elites Get rich.
Speaker 1: Helping China win is really important and I'm excited to
Speaker 1: talk toim about it now. Peter, Great to have you
Speaker 1: on the show.
Speaker 2: Great to be with you, Buck, Thanks for having me.
Speaker 1: So just give everybody if we could start this because
Speaker 1: you know, we're going to talk Biden and we're going
Speaker 1: to get into some of that, and we're going to
Speaker 1: talk about some of the specifics here of individuals who
Speaker 1: it seems we're willing to certainly sell themselves, if not
Speaker 1: sell out their country a little bit on behalf of
Speaker 1: the Chinese Communist Party. Give us a sense of the
Speaker 1: scope of the problem.
Speaker 2: Yeah, the scope of the problem touches basically all the
Speaker 2: corners of America, Washington, d C, Silicon Valley, and Wall Street.
Speaker 2: And it's predicated on a very simple idea that the
Speaker 2: Chinese have, which they call elite capture. They've used it
Speaker 2: in New Orleans, sorry, New Orleans. They've used it in
Speaker 2: New Zealand. They've used it in Australia, they've used it
Speaker 2: in Singapore. And the idea is pretty simple. Rather than
Speaker 2: go to toe toe to toe with countries and have confrontations,
Speaker 2: you basically buy off their political elites, and you do
Speaker 2: that by giving commercial deals to their family members. And
Speaker 2: it's working very, very well in the United States. It
Speaker 2: includes people on both sides of the isle, and it
Speaker 2: includes some of the biggest names in Wall Street and
Speaker 2: Silicon Valley as well.
Speaker 1: So give me some you know, we're, like I said,
Speaker 1: we're going to get to the Biden component of this,
Speaker 1: but it's a lot more than that in China's efforts
Speaker 1: to undermine the United States from within, and a lot
Speaker 1: of ways I find even more frightening, Peter than some
Speaker 1: of the you know, the Soviets were relying on ideological
Speaker 1: fellow travelers comrades.
Speaker 2: Right.
Speaker 1: For the Soviets, it was this false promise of a utopia.
Speaker 1: Find some malcontent in America who thinks that eventually he'll
Speaker 1: be greeted you know, it's back in the in the
Speaker 1: fifties and the sixties, the seventies, he'll be greeted as
Speaker 1: a hero. There were the occasional whether you know, an
Speaker 1: FBI turncode or somebody who was doing it just for
Speaker 1: the money, but you know, usually the money is not
Speaker 1: that good and if you get caught, you're gonna go
Speaker 1: to prison forever. Right, So it was people that were
Speaker 1: ideologically motivated. Usually with China. If they can give people
Speaker 1: millions and millions of dollars and they're not going to
Speaker 1: jail for it, I feel like that's a lot more
Speaker 1: problematic for us because it's a much more persuasive bargain
Speaker 1: and therefore gives them much greater leverage to undermine the
Speaker 1: US from within.
Speaker 2: No, I mean, this is a key point, Buck. We've
Speaker 2: never faced anything like this, and you're correct. I mean
Speaker 2: the Soviets others like the Cubans use an ideological appeal,
Speaker 2: or they find somebody that's got personal financial problems that
Speaker 2: needs election the extra cash. What the Chinese do is
Speaker 2: they appeal to our sense of capitalism, they appeal to
Speaker 2: our sense of friendship, and they embrace it. And it's
Speaker 2: very very effective. And where there are people that are
Speaker 2: so wealthy, like Bill Gates, who don't necessarily need money
Speaker 2: from China. They appeal to their sense of value as
Speaker 2: a world leader. So a guy like Bill Gates, you're
Speaker 2: not going to necessarily get by some commercial deal because
Speaker 2: he's already worth one hundred billion dollars. But you can
Speaker 2: name him one of the fifty most influential people in
Speaker 2: Chinese history, right next to Karl Marx and Mao, and
Speaker 2: you can give him awards, and President g will shower
Speaker 2: him with attention when he shows up. So they're very
Speaker 2: good at taking our weaknesses, taking perhaps some of our
Speaker 2: sins or sinful nature, and using it to their strategic advantage.
Speaker 2: And they've been masterful at it. And as you point out,
Speaker 2: not really any of this is illegal, which is what
Speaker 2: makes it so challenging.
Speaker 1: Right, you take a suitcase full of money to give
Speaker 1: the names of you know, US agents operating in let's
Speaker 1: say the Soviet Union. It's treason and you know you
Speaker 1: could even get the death penalty for this, right, I mean,
Speaker 1: you're you're in a whole hell of a lot of trouble.
Speaker 1: You get millions of dollars for consulting from China, because
Speaker 1: you're some kind of you have some kind of business
Speaker 1: interest in that country, or they're going to pay you
Speaker 1: for your expertise. That's just capitalism, baby, right, that's a
Speaker 1: whole different ballgame. Give us some sense of who who's
Speaker 1: involved in this in a way that when you were
Speaker 1: doing your research for Red Handed, the book that everybody
Speaker 1: should check out get a copy of right now, how
Speaker 1: American elites helped get American elites get rich helping China win.
Speaker 1: Who's involved in this that was a little surprising, or
Speaker 1: their involvement in getting rich from China was so egregious
Speaker 1: that you had to say to yourself, is this really
Speaker 1: what's going on?
Speaker 2: Good question. Well, I'll give you a couple of examples.
Speaker 2: One that was particularly appalling to me. I think it's
Speaker 2: an illustration of what selling your soul looks like. Is
Speaker 2: a Wall Street Titan named Ray Dalio. Ridgewater Associates the
Speaker 2: largest hedge fund in the world. Ray Daalio in twenty
Speaker 2: seventeen wrote this glowing book called Principles Ironically, and in
Speaker 2: that book he describes a gentleman from China who's had
Speaker 2: this profound effect on him, and he writes glnely for
Speaker 2: seven pages, how Wonki Sean has been this remarkable force
Speaker 2: for good on a global scale. He talks about him
Speaker 2: as this sort of philosophical giant that's unlike any leader
Speaker 2: that we've had in the last one hundred years, and
Speaker 2: he just gushes on and on and on. So I'm thinking,
Speaker 2: who is this guy, Wonky Sean? I look it up,
Speaker 2: and of course he is She's enforcer. The Economist magazine
Speaker 2: calls him the most feared man in China, because if
Speaker 2: you get disappeared in China, Wonkyi Sean is the guy
Speaker 2: that makes it happen. And so I thought to myself,
Speaker 2: what prompts a guy like ray Daalio, who's clearly smart.
Speaker 2: He can go and look at what the Economist says
Speaker 2: about this guy. Why is he gushing on and on
Speaker 2: and on for seven to ten pages about how wonderful
Speaker 2: this person is as an individual. Well about a year
Speaker 2: after he publishes the book, Wonky Sean is the Chinese
Speaker 2: official that approves his company, Bridgewater Associates, to become the
Speaker 2: first Western financial firm to offer hedge front products to
Speaker 2: the average person in China. So, to me, that is
Speaker 2: a classic example of the appalling lengths to which people
Speaker 2: are willing to go in order to cash in before
Speaker 2: I go to the I'm trying to hold myself back
Speaker 2: here a little bit on the political want.
Speaker 1: I want to know the full everything you got on Biden,
Speaker 1: everything you got on Pelosi when it comes to this stuff.
Speaker 1: I think's interesting though, on the cover of your book
Speaker 1: Red Handed, Lebron James is there. How does Lebron James
Speaker 1: find himself on the cover of a book about people
Speaker 1: selling out to China?
Speaker 2: Well, it's interesting. Lebron James actually probably make some more
Speaker 2: money from his deals in China that he does in
Speaker 2: the United States, and he has some very lucrative deals
Speaker 2: with Chinese state media and other entities. And while people
Speaker 2: are familiar with sort of the kerfluffel in twenty nineteen
Speaker 2: when the Houston Rockets general manager, you know, stood up
Speaker 2: for the freedom protesters in Hong Kong and Lebron James
Speaker 2: told him he was uneducated, his appeasement of China actually
Speaker 2: goes back a lot longer than that, which is one
Speaker 2: of the things that was surprising. In two thousand and eight,
Speaker 2: there was a big petition drive in the NBA concerning Darfur, Sudan,
Speaker 2: where there were millions, sorry, hundreds of thousands of black
Speaker 2: Christians being massacred in Sudan. The government was backed by
Speaker 2: the government of China, and so the petition drive called
Speaker 2: for a condemnation of the Chinese government backing a government
Speaker 2: that was massacring hundreds of thousands of black Christians. The
Speaker 2: petition went around the NBA, A lot of people signed it.
Speaker 2: One of the people who did not sign it was
Speaker 2: Lebron James, and the reason was that he even then
Speaker 2: had clear signs and designs on expanding his business empire
Speaker 2: into China. And that's why to this day he will
Speaker 2: not criticize China and is an example to me of
Speaker 2: this kind of sellout mentality. So you have, in this
Speaker 2: case an athlete who talks about black lives matter, but
Speaker 2: apparently these two hundred thousand black lives in South Sudan
Speaker 2: did not matter because the people that were perpetuating the
Speaker 2: massacre were people that were also paying him money.
Speaker 1: I want to come back now. I'm going to allow
Speaker 1: myself to start asking some of the political questions that
Speaker 1: I held back as long as I could. But first
Speaker 1: I want to tell everybody at home, please, if you're
Speaker 1: watching this on YouTube, make sure you subscribe because we
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Speaker 1: know that the bidens we're going to build up to.
Speaker 1: That one got a lot of money from China. What's
Speaker 1: the Pelosi China connection? Yeah, this is very interesting.
Speaker 2: I mean Nancy Pelosi, when she came into Congress in
Speaker 2: the late eighties, was actually very anti CCP. She at
Speaker 2: one point in the nineteen nineties was part of this
Speaker 2: congressional delegation that showed up and tried to unfurl a
Speaker 2: banner on Taneman Square and the Chinese police kind of
Speaker 2: went answer after a congressman Pelosi and took it away,
Speaker 2: and it was sort of this big incident, and she
Speaker 2: had that reputation for a long time. That started to
Speaker 2: change in the two thousands, and it changed critically around
Speaker 2: on the two thousand and eight Olympics because her husband,
Speaker 2: Paul Pelosi, was the owner of a luxury limousine company
Speaker 2: and they were sought out and offered and given an exclusive,
Speaker 2: very nice contract to deliver VIPs in Beijing as part
Speaker 2: of the Olympics. And that was the beginning of the
Speaker 2: commercial ties that started to exist between the Pelosis and China.
Speaker 2: They took a big stake in several China investment funds.
Speaker 2: Nancy Pelosi's son made several trips seeking business deals in
Speaker 2: China and secured some there. So Pelosi has kind of
Speaker 2: reversed course. And while she does things like take these
Speaker 2: trips to China, sorry to Taiwan that was so high profile,
Speaker 2: her general posture towards China is exactly what Beijing wants.
Speaker 2: And this is really important. Buck what the Chinese are
Speaker 2: looking for from elites that they capture is not sort
Speaker 2: of a robotic the CCP is great, we love Mao.
Speaker 2: They describe it as big hell help with a little
Speaker 2: bad mouth. In other words, they want help on the
Speaker 2: big things that matter, which is trade policy, military policy,
Speaker 2: not calling them out for COVID, those sorts of things.
Speaker 2: If you ding them on human rights, if you say
Speaker 2: Taiwan's a great place, they'll live with that. So Nancy
Speaker 2: Pelosi is absolutely a captured elite, and you see this
Speaker 2: dramatic change in her posture that begins to happen when
Speaker 2: her family starts securing commercial deals in China.
Speaker 1: Can you also give us a sense for these elites
Speaker 1: on the political side or on the corporate side of
Speaker 1: the downside, if you will financially of crossing China, How
Speaker 1: on it are they right? I mean, are there examples
Speaker 1: that you came across with this where someone either broke
Speaker 1: from the line that Beijing wants or refused to play
Speaker 1: the game that Beijing was trying to dictate to them
Speaker 1: and they got hit.
Speaker 2: Well, the most dramatic examples would be in Hollywood, guys
Speaker 2: like Richard Gear and Brad Pitt, who did movies that
Speaker 2: were favorable towards the Dali Lama or Tibet and they
Speaker 2: cannot get any of their films distributed in China, which
Speaker 2: is a huge limitation in the political world. In the
Speaker 2: corporate world, it generally doesn't happen. If you look at
Speaker 2: Mitch McConnell, for example, his wife Elaine Chow, they have
Speaker 2: a shipping business that really beginning in nineteen ninety three.
Speaker 2: The Chinese government said to the Chow family, Hey, tell
Speaker 2: you what. We will build the ships for your shipping business.
Speaker 2: We'll finance the construction with state owned banks, we'll provide
Speaker 2: all the crews, we'll give you all the contracts to
Speaker 2: ship those goods around the world. The Chow family said, yes, absolutely,
Speaker 2: we're on board, and the business grew exponentially. A problem
Speaker 2: is now that it's generally acknowledged that if Mitch mcconough
Speaker 2: were to lay down the gauntlet on China on these
Speaker 2: issues again big help with a little bad mouth, they'll
Speaker 2: tolerate some criticism. But if he were to lay down
Speaker 2: the gauntlet, the Chinese could destroy the family shipping business overnight.
Speaker 2: That has a massive detern effect, and I think that's
Speaker 2: the reason we don't see too many people defect once
Speaker 2: they've been captured by the Chinese.
Speaker 1: Did you think it's fair to say at this point,
Speaker 1: I mean, do you feel like we can't trust the
Speaker 1: Senate majority leader on issues related to China because of this?
Speaker 1: I mean, is he compromised?
Speaker 2: I think he is. Yeah. I mean, look, the family
Speaker 2: shipping business is now enormously successful. They're highly dependent on
Speaker 2: the Chinese. His father in law gave him a gift
Speaker 2: of I think twenty five million dollars sort of a
Speaker 2: friendship gift to his son in law that directly came
Speaker 2: from the shipping business. And you look at the other
Speaker 2: members of the Chow family. His in laws. Angela Chaw,
Speaker 2: who's Lane Cho's sister, sits on the board of directors
Speaker 2: of the Bank of China, which is the state owned bank.
Speaker 2: You look at some of the other businesses that the
Speaker 2: Chinese State Shipbuilding Corporation has started. That's the biggest military
Speaker 2: contractor in China. When they launched those businesses, they put
Speaker 2: Mitch McConnell's father in law and sistern law on the
Speaker 2: board of those entities. So yeah, I think it's very
Speaker 2: very hard for him to extricate himself. Again, he will
Speaker 2: be critical of the Chinese, but when push comes to
Speaker 2: shove on these issues, he will not push and support
Speaker 2: legislation that will sort of lay down the gauntlet, whether
Speaker 2: it's on COVID or national security issues.
Speaker 1: Yeah, I get this sense that you hear a lot
Speaker 1: of talk about standing up to China, and you hear
Speaker 1: from Republicans and Democrats now and then I always wonder
Speaker 1: how right like what this is, and I feel like
Speaker 1: this is now the expectation. It's, oh, you know, we're
Speaker 1: gonna sure, we're gonna do so much much China. But
Speaker 1: the Chinese know, as long as everything stays as it
Speaker 1: really is, nothing really changes for them. We're going to
Speaker 1: get into Biden here in just a second. But first off,
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Speaker 1: Biden crime family and China, tell me what I need
Speaker 1: to know?
Speaker 2: Well, I think what you need to know first off
Speaker 2: is that, in contrast to the McConnell's or even others
Speaker 2: like you know, the the Trump family who has had
Speaker 2: commercial ties in China, the Bidens don't actually have an
Speaker 2: underlying business. You know, the Kushners have real estate that
Speaker 2: you know, Avanka Trump had her shoes made in China,
Speaker 2: but she actually had a shoe line. Mitch mcconnald's company
Speaker 2: actually has a shipping company. The Bidens don't have a business.
Speaker 2: That's the first thing that you have to understand. The
Speaker 2: second thing is the flow of money from China began
Speaker 2: when Joe Biden became Vice President of the United States
Speaker 2: and shortly after Barack Obama anointed him publicly is the
Speaker 2: point person on policy towards China. That's when this bigot
Speaker 2: began to open. And if you look at the emails,
Speaker 2: the laptop emails, you find that some thirty one million
Speaker 2: dollars has flowed to the Biden family based on the
Speaker 2: wire transfers and the communication and the emails. But I
Speaker 2: think the most troubling part of this buck and I
Speaker 2: think you know, with your background you'll appreciate this perhaps
Speaker 2: more than anyone, is you can identify the four people
Speaker 2: I'd name them in the book, the four people that
Speaker 2: made it rain for the Bidens in China. Each one
Speaker 2: of those four has ties to the highest levels of
Speaker 2: Chinese intelligence. So for example, Chai Feng, he got that
Speaker 2: BHR private equity deal. It's worth about twenty million dollars
Speaker 2: to Hunter Biden at the same time that Chae Feng
Speaker 2: secured that deal for Hunter Biden, he was business partners
Speaker 2: with the Vice Minister of State Security in China, the
Speaker 2: vice of State Security responsible for the recruitment of foreign
Speaker 2: nationals to spy for China. If you look at Henry Jao,
Speaker 2: who transferred six million dollars to Hunter Biden at the
Speaker 2: same time he made that happen, he was business partners
Speaker 2: with the family of the former head of the Ministry
Speaker 2: of State Security. All four of the people that sent
Speaker 2: money to the Bidens, again with no underlying business, no
Speaker 2: service or product in return for that money. Each one
Speaker 2: of those individuals was tied to Chinese intelligence. That in
Speaker 2: my mind is not a coincidence, and I think we
Speaker 2: have to stop looking at the Biden situation not as
Speaker 2: just corruption. This is a foreign intelligence operation. This is
Speaker 2: a Chinese effort to capture America's first family, and I
Speaker 2: believe they have successfully done so.
Speaker 1: How much money went from anything connected to a Chinese national, okay,
Speaker 1: any bank and he to Hunter Biden directly, Like, do
Speaker 1: we have an aggregate total?
Speaker 2: Yeah? Yeah, so we know that there was six million
Speaker 2: sent to him by chairman Yee. That's the CEFC Energy company.
Speaker 2: Before he ended up CEFC, he was the head of
Speaker 2: a Chinese military intelligence operation that was exactly so he
Speaker 2: sent six million dollars to Hunter Biden. We know that
Speaker 2: Henry Jauss sent five million dollars. He's the guy that
Speaker 2: was the partners with the former Minister of State Security.
Speaker 2: And then we have this BHR private equity deal. We
Speaker 2: don't know the valuation of it, but the University of
Speaker 2: Chicago Business School did an estimate and said that his stake,
Speaker 2: which he was given by the Chinese government was about
Speaker 2: worth about twenty million dollars. So there's thirty one million
Speaker 2: dollars right there. That doesn't include other deals that we
Speaker 2: know of, but we don't know the dollar amounts. And
Speaker 2: I think that thing we have to remember with this
Speaker 2: Congressional committee, the Oversight Committee, is they've gone through four
Speaker 2: of twelve banks that the bidens used for the transference
Speaker 2: of this money. So they have the total at eleven
Speaker 2: million right now. That number is going to continue to
Speaker 2: go up, and I think it's going to probably ultimately
Speaker 2: surpass thirty one million dollars.
Speaker 1: What is that money supposed to be for? You know,
Speaker 1: I often make jokes. This is true, by the way, Peter.
Speaker 1: You know, back in the day when when they actually
Speaker 1: would allow Republicans or conservatives to go on CNN and
Speaker 1: argue with people, I would point out to them about
Speaker 1: the Hillary Clinton Foundation, which I know you've done a
Speaker 1: lot of work in the Clinton Foundation, that at some
Speaker 1: point paying someone eight hundred thousand dollars for a speech
Speaker 1: is just a legalized bribe. The same way that you know,
Speaker 1: if I were if I were in public office and
Speaker 1: all of a sudden my wife was a painter and
Speaker 1: people were buying her paintings for a million dollars apiece
Speaker 1: out of nowhere, that's a brillact, right, I mean, this
Speaker 1: is this is very and Hunter Biden's actually doing that,
Speaker 1: which is what I.
Speaker 2: Think is so amazing.
Speaker 1: I mean, he's selling these paintings for fifty thousand dollars apiece.
Speaker 1: What is the money that went from China to the
Speaker 1: Biden interest supposed to be for? Like, what's the cover story,
Speaker 1: if you will? And is it illegal? You know that's
Speaker 1: always it's gross, But is it illegal? Yeah, that's a
Speaker 1: great question. I'm not a lawyer on the legal part.
Speaker 1: I would just say if it's not illegal. It should
Speaker 1: be because I.
Speaker 2: Mean, do we really want do we really want to
Speaker 2: live in a country where the President of the United States, family,
Speaker 2: the Secretary of Defense, the Senate Majority leader, their family
Speaker 2: can go to China and just scoop up gobs of
Speaker 2: money and they could say, well, it's not illegal, everything's fine.
Speaker 2: Nothing to see here. I don't think anybody wants to
Speaker 2: live in that country. So the legal part I'll set aside.
Speaker 2: But you know, if you look at these emails and
Speaker 2: you look at the communications, this money is for quote
Speaker 2: unquote joint ventures that never appear. So Henry Jao transfers
Speaker 2: five million dollars to Hunter Biden in twenty fifteen to
Speaker 2: four a quote unquote joint venture. Does a joint venture
Speaker 2: ever emerge? No, it does not, And the money goes
Speaker 2: into Hunter Biden's personal pocket. It does not go into
Speaker 2: a business account. When the when the House Overside Committee
Speaker 2: released their recent report, Hunter Biden's reaction when they disclosed that,
Speaker 2: you know, millions of dollars had flowed to him from
Speaker 2: this energy company, he said that that money was a
Speaker 2: good faith seed money. I don't know what that means,
Speaker 2: and I don't know why good faith seed money going
Speaker 2: into a business ends up going into the pockets of
Speaker 2: family members rather than actually of the underlying business itself.
Speaker 2: So the subterfuge is joint ventures partnerships, but they never emerged,
Speaker 2: they don't exist, and there, as you said, just to
Speaker 2: cover for the transfer of money to the Biden family.
Speaker 1: Yeah, so effectively, if if I told somebody, you know,
Speaker 1: if my dad was the president, and I said, you know,
Speaker 1: I'm a I'm a world class chocolate chip cookie maker,
Speaker 1: and so my cookies are worth a million dollars each,
Speaker 1: you know, people are supposed to accept that that's they're
Speaker 1: paying for the cookies, right, joint venture Like, I've tried
Speaker 1: to raise money for things before, I've been in I've
Speaker 1: been in venture capital meetings. I've you know, if you
Speaker 1: just said, hey, give me twenty million bucks for a
Speaker 1: joint venture TBD, I mean, people would think you were
Speaker 1: out of your mind. I mean they would think that
Speaker 1: there was something truly wrong with you. But not if
Speaker 1: you're Hunter Biden. And I think it's remarkable that this
Speaker 1: is where we are and the pollution of both parties
Speaker 1: that's occurred is really stunning. Peter, I want to come
Speaker 1: back and ask you, what is the what is the
Speaker 1: cleanup process to this? If we were willing to do
Speaker 1: it as a country, what does that look like? But
Speaker 1: before we get there, you know, I recently heard from
Speaker 1: a listener to the radio show who's traveling on airplanes constantly,
Speaker 1: and he said, look, I made the ultimate business travel move.
Speaker 1: Left his laptop behind the airport security line. Now you
Speaker 1: leave it behind, and now what do you do? You
Speaker 1: freak out right because he doesn't find out to the
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Speaker 1: So how do we clean up the mess of China
Speaker 1: making so many of our elites red handed the title
Speaker 1: of Peter's excellent book by paying them off in various ways?
Speaker 1: What does that look like, Peter?
Speaker 2: I think it begins with public shame. I think shame
Speaker 2: still works. And I think you're starting to see already
Speaker 2: that Apple and some of the big tech companies realize
Speaker 2: that this sort of panda embrace that they've had is
Speaker 2: not popular. So Apple's starting to ship shift its subproduction
Speaker 2: of iPhones to India. That's going to take a while.
Speaker 2: I think in Washington, d C. It begins with disclosure.
Speaker 2: Think about it this way, Buck, Joe Biden has to
Speaker 2: disclose every two hundred dollars campaign contribution that he gets,
Speaker 2: he has to disclose every thousand dollars in ge stock
Speaker 2: or whatever he has in investments. But if his son
Speaker 2: goes off and secures private equity deals with the Chinese
Speaker 2: government with twenty million dollars where he has no expertise,
Speaker 2: doesn't do anything for the money, there's no disclosure requirement.
Speaker 2: So that's absurd. So we have to change the disclosure laws.
Speaker 2: I think if you have a if you are in government,
Speaker 2: elected or unelected at senior level, you have to disclose
Speaker 2: if your family members have commercial ties with China or
Speaker 2: other state back companies. That's the beginning of the process.
Speaker 2: But I think the Bidens will be a test case.
Speaker 2: And I think the fact that Joe Biden had to
Speaker 2: commit in twenty twenty to no more foreign deals, and
Speaker 2: I think so far he seems to have honored that
Speaker 2: is an indication that people know how unpopular this is.
Speaker 2: So this Congressional Oversight Committee investigation of the Bidens is key,
Speaker 2: and it's important it needs to be disclosed. When people
Speaker 2: say is going to end in a prosecution, I don't
Speaker 2: know if it is or not, but the American people
Speaker 2: need to know what the first family's commercial ties are
Speaker 2: to China and it needs to be pounded into them,
Speaker 2: and that I think is the beginning of the process,
Speaker 2: and I feel like it's starting to turn. I just
Speaker 2: saw a Harvard poll that came out. It showed sixty
Speaker 2: three percent of independence believe that the Biden's engaged in
Speaker 2: illegal influence pedaling during his vice presidency. That's among independence.
Speaker 2: Among Republicans is even higher. So it indicates that attitudes
Speaker 2: are starting to shift on this. He's in it.
Speaker 1: And also remarkable, I'm sure Peter that you haven't had
Speaker 1: for your research on this, particularly as it pertains the Bidens.
Speaker 1: But you point out, Mitch McConnell, Trump's a business interest,
Speaker 1: but it doesn't you know, I don't think that leveraging
Speaker 1: Ivanka's shoeline being made in China was going to change
Speaker 1: the trajectory of Trump foreign policy, to be fair. But
Speaker 1: I remember the Washington Post writing pieces about the emolument's clause.
Speaker 1: I'm sure you remember this too, right, like just the
Speaker 1: notion that there were foreigners going to the Trump hotel
Speaker 1: in DC to buy you know, the hanging bacon they
Speaker 1: used to have there with a little blow towards I
Speaker 1: won a few times and the cheeseburgers. That was a
Speaker 1: violation of the emolument's clause. Joe Biden's son is a
Speaker 1: bag man walking around the globe to the worst. You know,
Speaker 1: our biggest Ukraine. Oh, cand you talk about that first.
Speaker 1: We didn't get into that, did you. Well what's the Ukraine?
Speaker 1: I mean, we all know Barisma, but remind everybody would
Speaker 1: have it with Barisma and Hunter.
Speaker 2: Well, the thing with Hunter is it's a veritable United
Speaker 2: Nations of corrupt people. I mean it's China, it's Ukraine,
Speaker 2: the energy company Barisma, which you know was giving him
Speaker 2: a million dollars a year, something he didn't know about.
Speaker 2: Let's also remember that he was working for Elena Boderina.
Speaker 2: She sent three point five million dollars to him. She
Speaker 2: was the wife of the former mayor of Moscow, who
Speaker 2: was by the way, identified in Wiki leaks in a
Speaker 2: State Department cable as somebody involved with Russian organized crime. So,
Speaker 2: I mean, this is the thing people have to realize.
Speaker 2: With the Bidens, their quote unquote global business did not
Speaker 2: include companies in Tokyo, companies in Berlin or London. They
Speaker 2: went to Ukraine and China, which were the two countries
Speaker 2: that by the way, were Joe Biden's portfolio as vice
Speaker 2: president of the United States, and then they went to
Speaker 2: Romania and Russia. This is where they found their business partners.
Speaker 2: So it is a consistent example. And the notion that somehow, well,
Speaker 2: that's Hunter Biden's business, Joe Biden was not involved is
Speaker 2: also laughable because the target of the money was Joe
Speaker 2: Biden via his son. That's why these foreign entities were
Speaker 2: paying Hunter. And there's evidence in the laptop that, in fact,
Speaker 2: Hunter Biden was providing funds to his father as vice president,
Speaker 2: which is not legal. He was subsidizing his lifestyle. So
Speaker 2: Joe Biden himself was a beneficiary of this foreign money
Speaker 2: that was flowing to Hunter Biden. So you are quite
Speaker 2: right this notion of double standards. I believed at the
Speaker 2: beginning of the sort of Russia Gate collusion investigation it
Speaker 2: ought to be looked at because it was so shocking,
Speaker 2: and then we realized it was nothing behind it. But
Speaker 2: the fact that Democrats in the left have resisted investigating
Speaker 2: the bidens, to me is just appalling, and I think
Speaker 2: it is going to really damage the reputation of the
Speaker 2: mainstream media as this information continues to spill out.
Speaker 1: The book is red handed how American elites get rich
Speaker 1: helping China win. Peter Schwitzer always appreciate your work man.
Speaker 1: Thank you so much for being here with us. And
Speaker 1: if you happen to write another book, you need to
Speaker 1: come back on the program and tell us about it.
Speaker 1: What do you say?
Speaker 2: I would love it, Buck, Thanks, it was a great time.
Speaker 2: Thankks so much.