Peter Schweizer is out with a new book, this one titled “Secret Empires,” which unearths a number of shocking truths about Washington, D.C. And here’s the best part: It’s projected to debut at #1 on the New York Times’ best-seller list! Breitbart reports: “The investigative blockbuster book Secret Empires by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer will debut at #1 on the New York Times combined print and e-book best-seller list, according to publishing industry sources.”
Schweizer’s 2011 book “Throw Them All Out” brought to the public’s attention that insider trading was legal for members of Congress. His book eventually led to enough public pressure that Congress would pass the STOCK Act, baring themselves from engaging in insider trading. His 2015 book “Clinton Cash” was the first to shed light on the various Clinton Foundation donors and their connections to what would become known as the Uranium One scandal. The D.O.J. began looking into the circumstances of the deal last December.
Will “Secret Empires” inspire change this time? The book makes a number of shocking claims. Among them are the following, as quoted in Breitbart News:
- Then Vice President Joe Biden’s son’s firm scored a $1.5 billion deal with the Communist Chinese government’s Bank of China only 10 days after Joe Biden and his son returned from China aboard Air Force Two in 2013.
- Biden-China $1.5 billion fund (officially named Bohai Harvest RST) became an “anchor investor” in China General Nuclear—a company that, one year later, the FBI charged with stealing nuclear secrets in the United States
- Senate Majority Leader Mitch McConnell and his wife Elaine Chao received a “gift” of $5 to $25 million from a family member who sat on the board of one of the Communist Chinese government’s top military contractors
- Mitch McConnell’s sister-in-law Angela Chao currently sits on the board of the Communist Chinese government’s Bank of China.
- Mitch McConnell’s father-in-law James Chao and sister-in-law Angela Chao previously sat on the board of China’s state-owned CSSC Holdings, the financial arm of the Chinese government’s military contractor CSSC. James Chao is also the father of current Transportation Secretary Elaine Chao. Angela Chao is her sister.
One of the fascinating revelations from the book is how Obama used regulation to advance the business interests of his friends. Obama set the record for the largest amount of pages of regulations added in a single year, and there were winners from that. According to the book, Obama would “smash” companies with excessive regulations before Nesbitt’s private equity company Vistria Group would snatch them up on pennies on the dollar. In fact, the fund’s entire strategy seems to be investing in companies damaged by Obama’s economic policies.
Nesbitt currently serves on the foundation planning board for the home of the future Barack Obama Presidential Library and Museum, and why wouldn’t he? He needs to do something in return for all the sweet deals Obama helped create for him.
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