Sunday, July 27, 2014

USAID to Help Young Biden: The Burisma File

Economic Policy Journal reported:

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.

A key player in this exploration is Vice President Biden's son, Hunter, recently appointed to the board of Burisma, a private Ukrainian oil and gas company.  How many Ukranians, which make up the board and management of Burisma, speak like this?

Burisma aims to become the leading independent natural gas producer in Ukraine, by both sales volume and asset base. The Company intends achieve this by monetizing its existing asset base and potentially through opportunistic acquisitions of companies with existing reserves, both domestically and internationally, while maintaining its focus on profitability.
Frankly, it's PEU worthy.  Burisma applauded the Senate move to support Ukrainian oil drilling:

As engagement progresses, we are hopeful that Burisma can serve as a resource for US and other Western leaders to provide needed context and perspective on the Ukrainian market.”

The Blue Team has shown Bush-like ability to overthrow a sovereign government for access to America's global energy resources. 

Ukrainian troopers help installing shale gas production equipment near the east Ukrainian town of Slavyansk, which they bombed and shelled for the three preceding months, the Novorossiya news agency reports on its website citing local residents. 

“Civilians protected by Ukrainian army are getting ready to install drilling rigs. More equipment is being brought in,” they said, adding that the military are encircling the future extraction area." 

Bush, Biden, Baker, and Clintons circle the globe on a mission for private enrichment.  Armies, national budgets and central banks are but tools for them to manipulate.

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 10-2-19:  Modern Diplomacy reported on the Biden history in Ukraine and kindly mentioned this piece from 2014. 

Update 6-26-20:  ZeroHedge ran a piece on Burisma getting USAID funding after Hunter Biden joined the board.

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.