Saturday, February 21, 2015

EU to Enrich Hunter Biden?


In early February U.S. Vice President Joe Biden opined:

Vice President Biden offered strong words Saturday against Russia's moves in Ukraine, suggesting Russian President Vladimir Putin would buck any peace proposal and accusing the leader of "using psychiatric institutions to quell dissent."
Yesterday Biden made a different call:

Vice President Biden spoke on the phone with Ukrainian President Petro Poroshenko on Friday after a rebel offensive this week threatened increased violence between Russia and Ukraine.

Biden strongly condemned the Russian-backed offensive earlier this week in which rebels seized the eastern Ukrainian town of Debaltseve, according to a readout of his call provided by the White House. The U.S. has said the offensive violated multiple cease-fire agreements signed by Russia.

White House press secretary Josh Earnest on Friday said "it's possible that there could be additional costs over and above" current sanctions if Russia not abide by its agreements. 

At stake are Ukrainian gas fields.  Reuters reported:

The European Union will consider "reframing" energy relations based on market conditions with Russia when the time is right and for now is focusing on building a strategic gas partnership with Ukraine.

VP Biden's son Hunter is involved in Ukrainian gas.  The announcement came last May:

Hunter Biden, the youngest son of Vice President Joe Biden, has been appointed to the board of directors of Ukraine's largest private-gas producer. The company, Burisma Holdings, announced Biden's appointment on its website  
Two months later the U.S. government directed USAID to help:

Senate Bill 2277 "directs the U.S. Agency for International Development to guarantee loans for every phase of the development of oil and gas" in Ukraine, Moldova and Georgia.

In December Ukrainian President Poroshenko appointed Natalie Jaresko as finance minister.  PEU Jaresko has U.S. government links:

Ukraine's new finance minister is a private equity underwriter (PEU), having co-founded Horizon Capital.  Jaresko served as President of Western NIS Enterprise Fund, capitalized with $150 million in U.S Government funds.

The Vice President is creepy enough when he puts his hands on others.  


What might he be capable of in setting up family members for profits?  The U.S. fomented a coup in Iran for Anglo-American oil and another in Guatemala for United Fruit.  What might our government do for Burisma Holdings?

Update 9-28-19:  ZeroHedge reported Hunter Biden and his partner Devon Archer received $3 million from Burisma.  The story mentions opportunistic USAID funding.  

Update 1-16-20:   President Trump will speak at the World Economic Forum in Davos, Switzerland next week.  The billionaire boys will attend.  Horizon Capital is sponsoring Davos' Ukraine House.  The Ukraine Venture Capital and Private Equity Association will meet at the Ukraine House   Ukrainian President Volodymyr Zelensky.will host the invitation-only meeting of the National Investment Council of Ukraine at the Ukraine House  

 Update 12-18-20:  President Elect Joe Biden calls investigations into son Hunter "foul play." 

Update 10-4-21:  Blue PEU Hunter Biden still owns 10% of a Chinese private equity firm through Skaneateles LLC.  Hunter is the sole owner of Skaneateles.  

Update 2-27-22:  Hunter's business dealings may go under the microscope. 

Update 3-1-22:  Biden partner Devon Archer was convicted of fraud for defrauding a Native American tribe.  Oddly, doing deals with Native Alaskans is how David Rubenstein got his Carlyle Group seed money.  

Update 6-30-23:  A Senate subcommittee issued a September 2020 report on Hunter Biden's gorging at the insider money trough.  That boy can flat out eat.  It's PEU level greed. 

Update 8-1-23:  ZeroHedge reported Hunter's partner Devon Archer shed light on Vice President Joe Biden's influence on the Burisma board appointment.  Archer said the family's "brand" had value at a time when the firm was facing corruption allegations. 

Update 12-8-23:  PEU cleanup on aisle 9.  Hunter Biden indicted on tax charges.

His gross income nevertheless totaled some $7 million between 2016 and 2020, prosecutors said, pointing to his roles on the board of the Ukrainian energy company Burisma and a Chinese private equity fund as well as his position at a law firm.

Hunter did eventually file his taxes in 2020, while facing a child support case in Arkansas, and the back taxes were paid by a “third party,” prosecutors have said in court documents.