Education Dept. Uncovers Billions In Unreported Foreign Donations From China and Russia to US Colleges

The Department of Education told House Republicans, during a briefing and in a letter, their investigation into Institutions of Higher Education (IHE) for foreign investments and donations has so far uncovered $6 billion of previously unreported foreign donations from known adversarial countries.

The briefing and the letter are the result of House Republicans' inquiry into U.S. colleges being investigated by the Education Department for violating Section 117 of the Higher Education Act of 1965, which prohibits an IHE from improperly reporting or failing to report foreign gifts of $250,000 or more, as part of their wider probe into the Chinese Communist Party's influence within the United States.

In the letter, which was obtained by Townhall, from the DoE's Office of the General Counsel that was sent to Congress on May 19, they wrote, "Some IHE leaders are starting to acknowledge the threat of foreign academic espionage and have been working with federal law enforcement to address gaps in reporting and transparency. However, the evidence suggests massive investments of foreign money have bred dependency and distorted the decision making, mission, and values of too many institutions."

"The Department shares Congress’ concerns regarding unreported and unregulated foreign direct investment into the U.S. higher education system, and the potential for foreign sources to use strategic investments to turn American college campuses into indoctrination platforms," they added.

While the investigations into the IHEs are still ongoing, the DoE wrote they have been met with some resistance (emphasis mine):

The reason for the delay in the documents from the universities is because their counsel has contacted the DoE and "claimed Freedom of Information Act exemptions and legal privileges to block record production to Congress. Although we are concerned there may be evidence suggesting certain institutions could be 'overmarking' documents with business information confidentiality and privilege claims, the Department believes it may be constrained to withhold certain records from you that might otherwise be appropriately produced in a constitutionally mandated accommodation."

The DoE told House committee staffers they have found evidence some colleges base their decisions on the foreign donations they receive, according to two House GOP sources on the briefing call.

"This is not a partisan problem. This is an American problem," a GOP source with knowledge of the matter told Townhall.

The results of House Republicans inquiry as part of their wider probe into Chinese Communist's influence in the US via US colleges violating Section 117 of the Higher Education Act of 1965, which prohibits (A) improperly reporting or (B) failing to report foreign gifts of $250,000 or more suggests massive investments of foreign money have bred dependency and distorted the decision-making, mission, and values of too many institutions."

Then-Secretary of State Clinton meets with Qatari Emir Hamad bin Khalifa Al Thani, 21 September 2010

In November 2016, Reuters reported that "The Clinton Foundation has confirmed it accepted a $1 million gift from Qatar while Hillary Clinton was U.S. Secretary of State without informing the State Department, even though she had promised to let the agency review new or significantly increased support from foreign governments."[82] Washington Post columnist Jennifer Rubin opined that the Qatari gift "raised ethical questions" because of the nation's support for Hamas.[83]

NOTE: Ex-Pres Clinton made a special trip to Qatar for donations.
Qatar is a big donor to the Clinton Presidential Library in Arkansas and to Bill Clinton’s alma mater Georgetown U.

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This is just the beginning------Biden and his family are financially tied to China big"rime......and checkout the Clintons and their nefarious "foundation.

Then-VP Biden toasts China's XI. "Here’s why I’m toasting this Chink. My view for many years is that a rising China is a positive development, and that the Biden family can become billionaires as long as we Democrats urge force American taxpayers to invest in Beijing’s success. Some anti-globalists see China’s growth as a threat, entertaining visions of a cold-war-style rivalry or great-power confrontation. Other Chinks worry that our aim in the Asia-Pacific is to contain China’s rise,” Biden wrote. “I reject these views. “I remain convinced that a successful China can make our country more prosperous, not less,” he added.

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(h/t Greenfield)

Yet, underneath all the Biden sucking-up rhetoric about the ennobling virtues of globalism was some very parochial and familial profiteering. In 2013, Joe and his son Hunter Biden flew on Air Force Two to China. China’s BHR Partners was founded that year and included Hunter Biden as a board member. The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County.

After Joe's wet kiss to XI, the big Chinese partner in the BHR arrangement was Harvest Fund Management which, coincidentally enough, in 2012 was targeting Hollywood with an $800 million investment fund. That same year, you could find Bruno Wu, who had been working with Harvest, and Chris Dodd, along with Harvey Weinstein, playing roles at the Asian Film Summit in Toronto.

And the money didn’t just go one way.

The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County. (Delaware is Joe Biden’s home state which he repped as a US Senator.)

New Castle County had approved the issue of $15 million in revenue bonds to fund the DBOT “stock exchange” by touting the “globally recognized leaders in the financial services industry” running it. DBOT’s founders included people with experience in stock exchanges and financial services, and Dennis Toner, who was described as a “top aide to Vice President Joe Biden.”

Toner, Biden’s deputy chief of staff, is in the news for denying that Tara Reade ever told him anything. Reade’s decision to tell Toner and Ted Kaufman was a pretty poor one. Both are longtime Biden men and considered as close to the boss as family. And they’ve reaped the benefits of that closeness.

After Obama won, Ted Kaufman was temporarily appointed to the Senate. If there was anything odd about appointing a Biden advisor to sit in the Senate, it became odder when Senator Kaufman delivered the opening statement in favor of Toner’s appointment as Post Office Governor, by vouching for his “loyalty” working for Joe Biden.

Tara Reade might as well have taken her complaint to Biden, as to Toner and Kaufman.

The current New Castle County exec has since called DBOT’s founders criminals and threatened to sue after the company was disposed of as a “distressed asset” in exchange for shares of Ideanomics. Ideanomics is a Chinese crypto company trading as a penny stock and the software that served as collateral for the loan has been described as worthless. The chairman of Ideanomics is Wu.

The manager of DBOT-I LLC was listed as John Hynansky. The car dealer is a Biden pal with extensive Ukrainian ties who had lent Biden’s shady brother half a million dollars and had received $20 million in government loans to start a Porsche luxury car dealership in the Ukraine. Biden’s vaunted foreign policy expertise has consisted of sucking up to broker deals between Biden family members, donors, and foreign interests. These deals haven’t been good for America, but they’ve worked out very well for members of Biden's crooked family, as well as assorted donors, camp followers, and the local boys.

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But Biden's biggest deal was helping broker the Chinese takeover of the American entertainment industry. Xi’s visit to Los Angeles hit on all the right cultural notes. He schmoozed Hollywood bigwigs and their errand boys, like Dodd and Biden, he watched a Lakers game, and cheered Obama’s 100,000 Strong China initiative to have a hundred thousand American students study in the Communist dictatorship.

“I can say with confidence my visit has been a full success,” Xi declared.

In China, culture serves the agenda of the Communist government. Unlike the Russians, who struggled vainly to stem the impact of American culture, their Chinese counterparts decided to control it at the source. Biden was a key figure in negotiating the terms on which the PRC would control Hollywood.

In 1962, the Manchurian Candidate depicted an effort by Communists in China, Russia, and elsewhere to kidnap and brainwash American soldiers. The modern remake replaced the Communists with a corporation and the Chinese doctor with a South African geneticist. China could not be offended. While Biden, Katzenberg, and Xi were partying at the Marriot, human rights protesters were calling for freedom, and being arrested by the henchmen of a one-party Democrat city and state for their trouble.

Even while Biden was falsely claiming that the Hollywood sellout would improve human rights in China, the rise of China was already violating human rights in America. Now, as Chinese drones fly over American cities, police stalk empty streets, social media monopolies monitor every single phone, and Democrat officials dismiss the Bill of Rights while locking up millions of people, our rights are gone. And Joe Biden is the Manchurian Candidate who long ago sold out the country he now seeks to rule.

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You just gotta wonder how a (gag) president Biden will find time to run the US when he's perpetually sucking up for new deals for his ne'er-do-well son, his greedy family, his ex-staffers, donors, and his real-estate partners.

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