GINGRICH: Heres What You Need to Know About the Hunter & Joe Biden Quid Pro Quo Controversy

Theres several more instances where Vice President Bidens official business intersected with Hunter Bidens private business

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WASHINGTON D.C. (Texas Insider Report) Tuesday when Speaker Nancy Pelosi declared no one is above the law" her target was President Donald Trump but she did far more damage to former Vice President Joe Biden.

Democrats are very excited by a few words in a phone call between the President of the United States and the new reform-oriented anti-corruption President of Ukraine. Those words asked to open the investigation and to get at the truth.

Most Americans will ignore an attack on investigating corruption as just politics.

However when Americans learn how deeply involved Hunter Biden was in China and Ukraine while his father was vice president they will see a scandal involving a lot of money which is easy to understand and easy to condemn.

The Biden-Ukraine money problem is not something new.

Five years ago on May 14 2014 The Washington Post headline warned

Hunter Bidens new job at Ukrainian gas company is a problem for U.S. soft power."

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Vice President Bidens intervention to protect his son and his sons company Burisma from a Ukrainian corruption investigation was heavy-handed and amazingly arrogant.

And there is no question that Biden interfered.

In his own words to the Council on Foreign Relations on Jan. 23 2018 Biden clearly pushed to have the prosecutor who was investigating his son fired:

I was supposed to announce that there was another billion-dollar loan guarantee and Id gotten a commitment from former Ukrainian President Poroshenko and from former Prime Minister Arseniy Yatsenyuk that they would take action against the state prosecutor. And they didnt.

So they said they had they were walking out to a press conference. I said nah Im not going to or were not going to give you the billion dollars. They said you have no authority. Youre not the president. The president said I said call him. (Laughter.)

I said Im telling you youre not getting the billion dollars. I said youre not getting the billion. Im going to be leaving here in I think it was about six hours.

I looked at them and said: Im leaving in six hours. If the prosecutor is not fired youre not getting the money.

Well son of a bitch. (Laughter.) He got fired. And they put in place someone who was solid at the time."

As Deroy Murdock who is a member of the council wrote for Fox News Bidens actions reek of extortion and obstruction of justice."

Now that the Hunter Biden corruption scandal is beginning to threaten his candidacy Vice President Biden is trying to come up with a new story.

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As Mark Thiessen wrote for The Washington Post on Tuesday the former vice president is now claiming he never discussed his sons business dealings overseas. As Thiessen points out this claim is flatly untrue."

Hunter Biden has already told The New Yorker that Vice President Biden discussed the Ukraine business with his son saying Dad said I hope you know what you are doing and I said I do."

Again citing The New Yorker Thiessen reported:

In December 2015 as Joe Biden prepared to return to Ukraine his aides braced for renewed scrutiny of Hunters relationship with Burisma. Amos Hochstein the Obama administrations special envoy for energy policy raised the matter with Biden.

That same month The New York Times published an article about how Hunters business dealings in Ukraine undermined the vice presidents anti-corruption message which quoted a Biden spokesman saying it had no impact."

However Ukraine is not the only site of scandalous self-enrichment by Hunter Biden. China is an even bigger center of money going to the former vice presidents son money which would not have gone to him if his name had been Hunter Smith.

Peter Schweizer has become a remarkable researcher and writer about corruption. In a May 11 2019 New York Post article he wrote extensively about the Bidens and China.

The investment firm Hunter Biden operated (along with former-Secretary of State John Kerrys step-son Chris Heinz and their family friend and operative Devon Archer) in his dealings with China was Rosemont Seneca Partners which formed in 2009.

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By 2010 Hunter Biden and Archer were in China meeting with top Chinese officials" Schweizer wrote. By the way Rosemont also partnered with the Thornton Group which is led by James Bulger (the nephew of the infamous mobster James Whitey" Bulger).

In 2013 Hunter Biden flew to China with is dad on Air Force Two. Within two weeks Rosemont secured what eventually grew into a $1.5 billion private equity deal with a part of the Bank of China (which is owned by the Chinese Communist Party). So as Schweizer put it the Chinese government funded a business that it co-owned along with the son of a sitting vice president."

Interestingly Schweizer wrote that the Thornton Group only touted its China meetings on its Chinese language website saying Chinese executives extended their warm welcome to the Thornton Group with its US partner Rosemont Seneca chairman Hunter Biden (second son of the now Vice President Joe Biden). The purpose of the meetings was to explore the possibility of commercial cooperation and opportunity.

One of these meetings between Hunter Bidens company and Chinese officials happened on the same day Vice President Biden met with then-Chinese President Hu Jintao in Washington as part of the Nuclear Security Summit. And this was the rule rather than the exception.

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Schweizer pointed out several more instances where Vice President Bidens official business intersected with Hunter Bidens private business. As he pointed out:

  • Twelve days after Hunter flew on Air Force Two to Beijing Rosemont and the Bank of China entered a first-of-its-kind investment fund" called Bohai Harvest RST (BHR).
  • In December 2014 the Chinese state-backed company Gemini Investments Limited made a $34 million investment into a fund managed by Rosemont.
  • In August 2014 Gemini Investments bought 75 percent of Rosemont Realty a Rosemont Seneca sister company. The terms included a $3 billion commitment from the Chinese. The company then became Gemini Rosemont.
  • Finally On April 16 2014 Archer met with Vice President Biden at the White House. Five days later Joe Biden met Ukrainian officials in Kiev about a United States Agency for International Development program to help the Ukrainian natural gas industry including the promise of $1 billion in US and International Monetary Fund aid for Ukraines economy.
  • On April 22 2014 Arche joined the board of Burisma a Ukrainian natural-gas company.
  • On May 13 2014 Hunter Bidens membership on the board was announced. Neither Hunter Biden nor Archer had any ground or experience in the energy sector."

As Michael Kranish and David L. Stern wrote in The Washington Post on July 22 for more than 20 years Hunter Bidens professional career has followed his fathers political career from Washington to Ukraine to China."

Speaker Pelosi has raised the correct standard that in America no one is above the law. However the person who may be found guilty by that standard is former Vice President Biden.

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Newt Gingrich was Speaker of the United States House of Representatives from 1995 to 1999. Follow him on Twitter @NewtGingrich. His latest book is Trumps America: The Truth About Our Nations Great Comeback."

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