Elections
Hunter Biden’s Controversial Emails Reveal China Dealings and Ethical Concerns
Hunter Biden’s emails have once again made headlines, revealing a bizarre exchange where he bragged about his relationship with a Chinese tycoon named Che Feng.
According to reports from Fox News, an email showed that Feng helped secure a multi-million-dollar venture in China for Hunter’s firm, Rosemont Seneca Partners, and James Bulger’s firm, Thornton Group LLC. The venture later led to the launch of Bohai Harvest RST (BHR), which is controlled by Bank of China Limited.
In the email thread, Hunter proudly mentioned that Feng adored him for his “last name” and for always being accompanied by “handsome godlike Aryan men.”
Adding to the controversy, Hunter’s business partner, Devon Archer, told the House Oversight and Accountability Committee that during his tenure as vice president, Joe Biden had coffee with Jonathan Li, another key figure in their ventures, and even put together a letter of recommendation for Li’s daughter fro her college application process.
“THIS IS THE BIGGEST STORY OF MODERN TIME RIGHT NOW”: @SaraCarterDC sounds off on the Biden family corruption scandal ahead of Devon Archer’s closed-door testimony to Congress tomorrow. pic.twitter.com/cJtltKuOsW
— The Big Weekend Show (@BigWeekendShow) July 31, 2023
The email exchanges detailed how Feng, referred to as “The Super Chairman,” expressed a desire to include other Chinese companies backed by the Chinese Communist Party (CCP) in the venture. This revelation further fuels concerns about Hunter Biden’s business dealings in China and potential conflicts of interest.
Hunter’s response to Archer’s email indicated that he considered the venture with Feng a potential windfall, saying, “If I/ you and me get around 7% of this fund, it could be in many ways the end all be all.” Archer also expressed excitement, stating, “This is smelling more and more real,” and hinted at the different irons they had in the fire.
In the midst of these dealings, Hunter presented his theory for why Feng favored him, mentioning his last name and the company he kept. Hunter’s response was met with agreement from Archer, who said they needed to sit down and discuss their future plans.
The revelations come at a time when the Biden administration is already facing scrutiny over its approach to China and potential conflicts of interest related to Hunter Biden’s business dealings. The emails raise questions about the transparency and ethical implications of the Biden family’s connections in China.
While the full extent of the implications of these emails is yet to be seen, they add to the growing concerns surrounding the Biden administration’s dealings with China. The public is now looking to see how the administration will address these issues and ensure transparency and accountability in its dealings with foreign entities.
Follow Alexander Carter on Twitter @AlexCarterDC for more!
Senator Elizabeth Warren of Massachusetts, a longtime supporter of the Affordable Care Act, commonly known as Obamacare, is now acknowledging the unintended consequences of the healthcare legislation, particularly its impact on industry consolidation and rising healthcare prices.
Warren, who has been a vocal proponent of Obamacare, has recently had what the Wall Street Journal reported as an “epiphany” regarding the consequences of the healthcare law. In a letter addressed to the Health and Human Services Department inspector general, Warren, along with Senator Mike Braun of Indiana, expressed concerns about vertically-integrated healthcare companies potentially increasing prescription drug costs and evading federal regulations.
According to reports from Fox News, the bipartisan letter highlighted issues with the nation’s largest health insurers allegedly bypassing Obamacare’s medical loss ratio (MLR). According to Warren, these insurers, through vertical integration, have manipulated the system, leading to “sky-high prescription drug costs and excessive corporate profits.”
The senators detailed how conglomerates, like UnitedHealth Group, with ownership across various healthcare sectors, could inflate medical payments to pharmacies and, by realizing those payments on the pharmacy side, appear to comply with MLR requirements while retaining more profits.
Moreover, despite the Democrats’ argument that the MLR would benefit patients, it has incentivized insurers to merge with or acquire pharmacy benefit managers (PBMs), retail and specialty pharmacies, and healthcare providers. This, in turn, has made healthcare spending less transparent, as insurers can allegedly shift profits to their affiliates by increasing reimbursements.
Warren, who has consistently voted against Obamacare repeal efforts, notably advocated for a “Medicare for All” proposal during her 2020 presidential campaign. Despite her prior support for the healthcare law, Warren’s recent concerns about its unintended consequences have raised questions about the long-term effects of Obamacare and its impact on the healthcare industry.
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