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The Companies Of Biden’s Brother Received $54 MILLION In Taxpayer-Funded Loans To Finance Energy Projects In Central America
Conservative US ^ | 10.16.2020 | Alex Hall

Posted on 10/16/2020 2:20:55 PM PDT by USA Conservative

Frank Biden’s companies received $54 MILLION in taxpayer-funded loans to finance energy projects in Central America

Just like his son—Biden’s brother also had no energy experience.

“Clinton Cash” author Peter Schweizer makes the case for Biden family corruption in his new book “Profiles in Corruption: Abuse of Power by America’s Progressive Elite.”

The book teaser reads:

In Profiles in Corruption, Schweizer offers a deep-dive investigation into the private finances, and secrets deals of some of America’s top political leaders.

And, as usual, he doesn’t disappoint, with never-before-reported revelations that uncover corruption and abuse of power—all backed up by a mountain of corporate documents and legal filings from around the globe.

Learn about how they are making sweetheart deals, generating side income, bending the law to their own benefits, using legislation to advance their own interests, and much more.

Breitbart reports Frank Biden, the youngest brother of former Vice President Joe Biden, saw his business interests benefit from millions of dollars in taxpayer loans to Caribbean nations during the Obama years.

The extensive overlap in Frank Biden’s dealings and Obama-Biden foreign policy in Central America is exposed in Peter Schweizer’s new book—Profiles in Corruption: Abuse of Power by America’s Progressive Elite.

Frank Biden first set his sights on the region in 2009, as the Obama administration began to repair the U.S. relationship with Costa Rica. Tensions between the two countries flared under President George W. Bush, most notably on how to deal with drug trafficking.

When President Barack Obama entered the White House, he set out to mend fences in the region in hopes of inaugurating a new era of global cooperation. Leading the charge on that front was Joe Biden, who had long standing ties to the region from his tenure leading the Senate Foreign Relations Committee.

Shortly after the new administration took office, Frank Biden began scouting real estate opportunities in Costa Rica. A lawyer by training, Frank was undeterred by his lack of background in international development and decades old legal troubles at home.

As Schweizer notes, despite the professional and personal handicaps, business opportunities were plentiful for Frank, especially after his brother paid a visit to the country.

“Just months after Vice President [Joe] Biden’s visit, in August, Costa Rica News announced a new multilateral partnership “to reform Real Estate in Latin America” between Frank Biden, a developer named Craig Williamson, and the Guanacaste Country Club, a newly planned resort,” Schweizer writes in his book, a copy of which was exclusively obtained by Breitbart News.

The venture—officially sold to investors and the public as an opportunity to protect Costa Rica’s “breathtaking beauty”—amounted to little more than decimating the country’s natural wilderness to build a luxurious resort for wealthy foreigners.

“In real terms, Frank’s dream was to build in the jungles of Costa Rica thousands of homes, a world-class golf course, casinos, and an anti-aging center,” Schweizer notes. “The Costa Rican government was eager to cooperate with the vice president’s brother.”

The project, which is still in the development phase, has made Frank Biden a well-connected figure in Costa Rica’s political landscape. A letter the country’s president, Luis Guillermo Solis Rivera, penned praising the project even made its way on the internet in what appears to have been a botched attempt to solicit further investors.

In order to execute a project of such scale, however, Costa Rica would need to update and expand its electrical grid. Located on the Central American Isthmus, more than 51 percent of the country’s landscape is forested, with nearly half of that being land that has not been disturbed by human activity. As such, much of the area suitable for the type of resort Frank Biden wanted to build lacked access to electricity.

Frank, perhaps sensing a chance to make even more money, entered into a partnership with the Costa Rican National Power and Light Company (CNFL) to build a solar power complex in the country’s northwest region. The new facility would provide enough electricity to Frank’s resort, which was to be built in the vicinity.

The partnership with CNFL was secured even though Frank and his company, Sun Fund Americas, had no experience in the energy sector.

This is a disgrace

Will the Mainstream Media cover this?


TOPICS: Politics
KEYWORDS: biden; corruption; crimefamily; democrats
It's not just Hunter! His brother is a criminal as well!
1 posted on 10/16/2020 2:20:55 PM PDT by USA Conservative
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To: USA Conservative

The Biden Crime Syndicate!


2 posted on 10/16/2020 2:27:51 PM PDT by airborne (I don't always scream at the TV but when I do it's hockey season!)
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To: USA Conservative

Historians will recognize that given the wealth of the Clinton, Obama, Biden, Pelosi, Feinstein, Daley and innumerable other Democratic families, that the Democratic Party was above all a criminal enterprise. Sadly when it counted most and the American nation depended on it, American voters remained for whatever reason oblivious to the cancer within the body politic. Some oversights are not correctable.


3 posted on 10/16/2020 2:28:12 PM PDT by allendale
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To: All

"I'm running for president b/c my wife's a shopaholic, Hunter's got a new paternity
suit and my brothers put down payments on beachfront property and Lear jets."

4 posted on 10/16/2020 2:33:25 PM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: All

Biden Family’s Culture of Corruption.....(Whole Family Rip Off)
BreitBart ^ | 1/29/2020 | FR Posted on 1/29/2020, 1:32:01 PM by caww

Politico published an in-depth exposé on financial ties between the former VP’S younger brother, James, and a high-powered D.C. lobbyist.

James and his wife purchased an acre of land in the Virgin Islands for $150,000 in May 2005. A year later, James resold 1/3rd of that acre to Scott Green, a ‘national security lobbyist who formerly served a Senate staffer for Joe Biden. Green paid $150,000 for the land, even though tax assessed value was only $38,000. “In effect, James got their money back while keeping most of the land—recouping their investment in just 12 months.

Any money that Green may have lost through the deal was offset when Joe Biden became vice president. In 2010 Green
and members of the lobbying firm he founded, the Lafayette Group, were frequent visitors at the Obama-Biden White House.

That year Green’s ties to the Biden clan seemed to be especially beneficial. On April 11, 2010, the Lafayette Group was awarded two taxpayer-funded contracts from FEMA worth a total of $5.8 million.

Other members of the Biden family did just as well. Joe Biden’s other brother, Frank, benefited from $54 million in taxpayer-backed loans to Caribbean nations heavily involved in real estate and solar power projects he was pursuing in the region. ...even though he lacked a background in solar energy or international real estate development.

Similarly, the former vice president’s sister, Valerie, received millions in fees during the 2008 election. Valerie, who served as the campaign manager for her brother’s failed presidential campaign that year, paid her own consulting firm, Joe Slade White & Company, $2.5 million for its services.

James additional $$ deals in article)
(Excerpt) Read more at breitbart.com ...


5 posted on 10/16/2020 2:40:31 PM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: USA Conservative

Bkmrk


6 posted on 10/16/2020 2:43:23 PM PDT by RushIsMyTeddyBear
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To: All

In 2009 Joe Biden Hired His Niece Who Worked for the Bill Gates’s Foundation. The 26-Year-Old Then Advised Biden On The U.S.-China Relations Which Enriched Hunter Biden But Crippled America.

The National Pulse ^ | AUGUST 22, 2020 | Natalie Winters
Posted on 8/24/2020, 7:36:19 PM by E. Pluribus Unum

DURING DEMOCRATIC PRESIDENTIAL CANDIDATE JOE BIDEN’S VICE PRESIDENTIAL TENURE, HIS 26-YEAR-OLD NIECE COORDINATED THE OBAMA ADMINISTRATION’S CHINA APPROACH AS A SPECIAL ASSISTANT TO THE TREASURY DEPARTMENT’S U.S.-CHINA STRATEGIC AND ECONOMIC DIALOGUE.

Casey Owens, the latest member of the Biden family to benefit financially or professionally from the former Senator’s connections, joined “the highest-level bilateral economic forum” four years after graduating from college and a stint at the Bill & Melinda Gates Foundation.

She wielded considerable influence over the direction of U.S.-China relations between 2009 and 2011, as she described her team as “advising” former Treasury Secretary Tim Geithner and responsible for “coordinat[ing] the priorities within the agenda for the Dialogue” and “spearhead[ing] the negotiations of proposals.”

The appointment triggered no media furor, nor coverage, with the exception of a buried two-sentence mention in a New York Times article from this year.

The piece highlights Biden’s penchant for exploiting political office to provide family members with jobs and lucrative contracts, though the criticism was arguably 12 years too late.

Biden, identified as one of the “top five senators payments or contributions to a family businesses or employer” in a 2008 Citizens for Responsibility and Ethics report, also funneled $3,618 from his 2002 Senate campaign fund to Owens.

An unearthed cable reveals Owens was part of the elite Strategic and Economic Dialogue II planning trip to Beijing as part of the Economic Track delegation alongside State and Treasury Executive and Senior officials.

Despite being out of the administration for five years, she attended the Obama administration’s final state dinner.

Her proximity to American and Chinese officials casts the rest of the family’s China-based business dealings, chiefly those of Hunter Biden, in an interesting and, perhaps, suspicious light.

Hunter, along with other Obama officials’ offspring, notoriously ran investment firms that inked billion-dollar contracts with Chinese companies, including state-owned enterprises.

Many allege these deals only materialized due to his father’s position. In 2013, for example, then-Veep Biden and his son traveled via Air Force Two to China, and twelve days later, Hunter landed a $1 billion contract with a subsidiary of the Chinese Communist Party (CCP)-run Bank of China.

The hiring decision serves as a cautionary tale for what the composition of a potential Biden administration could look like – teeming with his family members while those in the private sector profit immensely.


7 posted on 10/16/2020 2:44:11 PM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: USA Conservative
Simple answer that reveals the very deep swamp. 'Nomenklatura' is defined in Wikipedia as follows; "a category of people [...] who [hold] various key administrative positions in the bureaucracy, running all spheres of [...] activit[ies] ... '

These bureaucrats, embedded 'D'emocratic activists, enable elected officials like Joe, to profit friends and family.

Joe has been a US Government employee with salary for 47 years, how did his family become so wealthy?

8 posted on 10/16/2020 2:44:36 PM PDT by SES1066 (2020, VOTE your principles, VOTE your history, VOTE FOR ALL AMERICANS, VOTE colorblind!)
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To: USA Conservative

The BIDEN CRIME FAMILY!!!


9 posted on 10/16/2020 2:47:36 PM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: USA Conservative

Your tax payer dollars at work folks.

I’d love to have a piece of that pie to finance the building of Thorium Reactors throughout this great country. At least it would benefit the masses and get US off a centralized grid.

Damn bunch of crooks.


10 posted on 10/16/2020 3:20:21 PM PDT by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: All
E0064943-69-B0-459-C-91-C4-3-C2-C36-BF706-D
Graham mobilizes to protect Biden!

11 posted on 10/16/2020 3:26:21 PM PDT by AnthonySoprano
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To: AnthonySoprano

Graham was on Maria’s show the other day and said, “Nothing illegal about a few dirty tricks.” Nixon must have rolled over.


12 posted on 10/16/2020 3:28:44 PM PDT by Luke21
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To: Liz; bitt; little jeremiah; Miss Didi; generally; GOPJ

Lotta interesting new info on the biden crime family.

Wonder if casey owens (CO) initials show up on that “split sheet along with H & “The big guy”?


13 posted on 10/16/2020 4:05:47 PM PDT by thinden
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To: thinden

She could well argue she is more “entitled” than the rest of them.


14 posted on 10/16/2020 4:19:11 PM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: Liz

She could well argue she is more “entitled” than the rest of them.

Xxxxxxxxxxxxxxxxxxxxxxxxx

CO. Prolly cut in for a 10% “finders fee”?? At least


15 posted on 10/16/2020 4:56:47 PM PDT by thinden
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To: thinden
Lotta interesting new info on the biden crime family.

Thank God private citizens were able to uncover this information...

Anyone know what we're paying 'intelligence' to do? Seems a hundred billion is a lot to pay to have thugs 'leak' gossip to the Washington Post and New York Times.

16 posted on 10/17/2020 10:26:34 AM PDT by GOPJ (Biden's base: Why doesn't Biden have rallies in black communities?)
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