America: Past, Present and Future...Part II

Dear family and friends,

Yesterday I shared my thoughts on the challenges and threats facing America as I see them.  What I’m going to share today are some examples from history of countries, including our own, which faced similar challenges (to greater or lesser degrees) and how those countries faired while confronting those challenges.

I wanted to look at history because too many people call into the radio show or send an email after watching the television show and tell me “not too worry” about America because we’ve faced worse hardships before and have not only overcome them but have emerged stronger.

I understand the American spirit.  I understand that we are the country that took on the Nazis, Fascist Italy and Imperial Japan and won.  I understand that we stood toe-to-toe with the Soviet Union over 40 years and defeated them in the Cold War.  I know that we are a country of fighters and that Americans are capable of conquering any challenge—but the belief that great things happen to America just because we’re America—that’s just plain wrong.

Thrift, hard-work, sacrifice by our parents, grandparents and their mothers and fathers went hand-in-hand with the thrift, hard-work and sacrifice we collectively made as a country—that’s what produced unparalleled strength and success.  Today, we face difficult times.  We stand at cross-roads as a country.  Where we eventually end up will be determined by the decisions each of us makes today and in the weeks and months ahead.

Great countries don’t collapse, they transform.  The Soviet Union in 1991 didn’t disappear after its political and economic model collapsed, it transformed and is still transforming.  Weimar Germany’s government collapsed as did its economy but Germany continued—at first down the national socialist path—and now as a democracy.

The Soviet Union

For almost 70 years, the Soviet Union was considered one of two world super-powers.  At its military peak the Soviet Army enlisted over 5 million men and women and amassed over 30,000 nuclear weapons.  With a push of a button it could literally have set into motion a series of events that could have ended life around the globe.

It’s amazing to consider that the political and economic foundations of such a country could collapse, literally overnight, following a meeting in the woods of a handful of political leaders.  So what brought down the Soviet Union?  It’s budget deficit and foreign debt soared during the 1990s following the price decline of it’s most lucrative export, oil.  In the early 1980s oil was about $35 a barrel and by the late 1990s was struggling to stay at $13 a barrel.  Inflation was running 20%-25%  a month as food and other consumer goods began to disappear from store shelves.  The ruble’s international strength declined.  Although the official commercial exchange rate was 6 rubles to the dollar, tourists and foreigners could easily obtain a 30 rubles for a dollar.

Despite their economic challenges, soaring inflation and worthless rubles the Soviet people wanted to remain Soviets.  They believed in and loved their country.   Polls and referendums regularly showed that 76% of the people wanted to remain united as a Soviet Union with some changes taking place, but not a wholesale collapse of their political and economic structure.  But despite these feelings, the vast majority of Soviets did nothing as a relatively small but dedicated group of political extremists pushed their agenda forward. 

The great revolution that ultimately transformed the Soviet Union really began in a lodge in the woods just outside of Brest (Belarus) with a handful of radicals determined to change their government.  Those same radicals permitted only ONE HOUR of debate before calling on a vote to dissolve the Soviet Union and replace it with the short lived Commonwealth of Independent States.

The Soviet Union was transformed into Russia.  Initial hopes that Russia would be an ally on global military and economic issues was lost by the arrogance of our political leaders who insisted on putting NATO’s tanks and soldiers closer and closer to their borders even after we promised that would never happen.  We saw Russia as weak and broken and sought to dictate how they should live their lives.  Joe Biden typifies that arrogance.  He recently said, "I think we vastly underestimate the hand that we hold…Russia has to make some very difficult, calculated decisions, they have a shrinking population base, they have a withering economy, they have a banking sector and structure that is not likely to be able to withstand the next 15 years, they're in a situation where the world is changing before them and they're clinging to something in the past that is not sustainable."  Couldn’t they say the same thing about us?  Isn’t our situation similar to that of the Soviet Union prior to their transformation—certainly not as grave—but similar.  One of our pillars of economic growth—manufacturing represents a mere 12% of our GDP.  America is no longer an export powerhouse and we regularly import tens-of-billions of dollars a month more than we export.  Our dollar is weaker, not only on the official exchange rates—which are always in flux.  But weaker as a symbol of our strength.  Russia, Brazil, India and China are now regularly calling for the dollar to be replaced or at least have a reduced role as the world’s currency.  Our money supply stands at a staggering $8.3 trillion.

Where We Are Today

Russia is now an oligarchy.  It has abandoned communism and socialism as failed doctrines.  Now, a small group of political and business elite run the country while getting rich.  Those who speak out against their shared interests risk joining the ranks of journalists killed there since 1992 in contract-style killings.  Those businesses that don’t play along find themselves losing lucrative government contracts o r have their executives jailed (Yukos founder Mikhail B. Khodorkovsky) or forced to flee (BP CEO Robert Dudley) or publicly attacked and vilified (Igor Zyuzin of Mechel). 

I don’t believe that this is our destiny as a country.  Once the transformation process begins a lot of factors influence the outcome.  I do not believe that the Germans in Weimar Germany knew in advance that the ultimate result of their inflationary policies would create 40% unemployment where a smooth talking and hate-filled Adolph Hitler would find a very receptive audience.

When the Soviet Union was being transformed the vast majority of people there did nothing while it happened. When Hitler wrote Mein Kampf and talked about killing the Jews, the people did nothing.

I am not saying that our political leaders want to take us down these roads.  I don’t believe they do.  But they have been open to their desire to transform and re-make America.  The question we have to answer is will we, like the Soviets and Germans, sit and do nothing while our country is being transformed?  Will we too let a relatively small group of radicals transform and re-make America?  Or will we take a stand and become a watchdog of liberty, freedom and the Constitution?

Tomorrow I am going to tell you about some questions that you need to ask yourself before becoming a ‘watchdog.’  You need to take a measure of why you are and where you stand.

With love,

glenn

The Senate Judiciary Committee was set to vote on subpoenas to compel Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg to testify on alleged censorship and bias across their platforms. But that all changed when Republican committee members "expressed reservation about the maneuver," Politico reports.

Sen. Ted Cruz (R-Texas), who chairs Judiciary's Subcommittee on the Constitution, was definitely not one of the committee members with cold feet. On the radio program Tuesday, he told Glenn Beck that he's fighting "vociferously" to ensure Dorsey and others testify before the November 3rd election.

"Jack Dorsey and Mark Zuckerberg are both going to testify. They're are going to testify in person. They're going to testify before Election Day. That's what I think should happen," Cruz said. "That's what I'm fighting vociferously to happen. Right now, the companies are negotiating with the chairman's office to discuss terms to come voluntarily. I don't give a damn whether they come voluntarily or under subpoena. They need to testify in person and answer questions for the American people about why they are trying to steal this election, to suppress the free speech, and to censor the press."

The subpoenas would require Big Tech leaders to testify on the alleged "suppression and/or censorship" of two consecutive blockbuster stories from the New York Post. The first story was about emails that allegedly came from Hunter Biden's computer which are currently being investigated by the FBI, and the second was based on additional emails that allegedly showed communist China directly offering millions of dollars to then-Vice President Joe Biden.

"Big Tech stepped in, and they've done something they've never done before," Cruz explained. "We know that Big Tech has been censoring individual conservatives, trying to suppress conservative speech. But the step they took here is, they blocked if any individual user tried to share either of the New York Post stories, [they] were blocked ... Sharing a news story, from a major media outlet is part of democracy, part of free speech. And not only that, they blocked the New York Post itself. Right now, today, the New York Post is not being allowed to post its own damn stories on corruption. This is ridiculous. It's a threshold that's never been crossed before, of Silicon Valley oligarchs declaring the authority to determine what the press is allowed to report, and who is allowed to see it."

Watch the video below to catch more of the conversation:

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If we learned nothing from the media over the past 4 years it's that colluding with a foreign entity to either win an election or for personal gain is absolutely grotesque. Well, that depends on whether you have a (D) or (R) before your name anyway. President Trump was impeached on rumor and innuendo yet Joe Biden has all but skated on his corruption up to this point.

Below is a timeline that shows the level of corruption and the lengths the Biden's went to in order to build that family's wealth and influence internationally.

2009

In 2009, Joe Biden was the brand-new Vice President and John Kerry was a U.S. Senator. Just five months after Joe was sworn in, his son Hunter, and Kerry's stepson, Christopher Heinz, formed an international private equity firm called Rosemont Capital. It had several different branches, including one called Rosemont Seneca Partners.

2010

Just nine months after Rosemont Seneca opened its doors, Hunter Biden went to China for meetings with executives from China's biggest banks, and its sovereign wealth and social security funds. That's unheard-of access for a brand-new firm. Was it just coincidence that at the same time Hunter was meeting these Chinese bigwigs, his dad was meeting with China's then-president Hu Jintao in Washington DC at a nuclear security summit?

2011

In May 2011, Joe Biden met with Chinese officials for the U.S.-China Strategic & Economic Dialogue conference in Washington. Just two weeks later, Hunter Biden went to Taiwan for meetings with the same Chinese financial giants he'd met in China in 2010, plus some new ones.

2013

By December 2013, Joe Biden was enjoying his second term as VP, and John Kerry was now Secretary of State. That's when Joe traveled to Beijing on an extended official trip and Hunter traveled with him on Air Force Two.

During their stay, Vice President Biden met with President Xi and Hunter was mostly out of sight. We don't know exactly what he was up to, but the deal finalized between Rosemont Seneca and the Bank of China just ten days after the Bidens' trip pretty much gives it away. The most powerful financial institution in China formed a joint venture with tiny Rosemont Seneca to create a giant new investment firm called Bohai Harvest RST – the "RS" stands for Rosemont Seneca.

The firm is often called "BHR" for short.

Hunter Biden was a member of the Board. Remember, the Bank of China is government-owned, which means its business is completely intertwined with the goals of the Chinese Communist Party. BHR also got the freedom to operate in the newly created Shanghai Free-Trade Zone where, over the next six years, it would use $2.5 billion of Chinese government money to invest in China, as well as in other countries, including the U.S.

During their Beijing trip, Hunter also introduced Jonathan Li to his dad. Li is Hunter's business partner – he's CEO and Director of BHR.

Hunter arranged for Joe to meet Li in the lobby of the hotel where they stayed during their Beijing trip.

2014

In 2014, one of BHR's first major investments was in the China General Nuclear Power Corporation.

CGN is a Chinese government-owned nuclear power company that sold off a stake of the company to outside investors. Problem is, CGN was under FBI investigation for paying informants in the U.S. to steal nuclear secrets.

In 2016, the FBI arrested the ringleader of this nuclear espionage, a man named Allen Ho.

When they arrested Ho, he was using a random code generator to access funds being provided to him from – where else? – the Bank of China.

Yet while this FBI probe was going on, the son of the Vice President owned a stake in the company being investigated. And even after arrests were made, Rosemont Seneca did not alter its relationship with BHR, nor did it divest from CGN, even though it was stealing U.S. nuclear secrets.

2015

In 2015, BHR partnered with the Aviation Industry Corporation of China (AVIC) to buy an American company called Henniges for $600 million.

AVIC is a gigantic military contractor in China – think Lockheed Martin – that makes fighter jets, bombers and drones. BHR bought 49% of Henniges and AVIC bought 51%.

Henniges is a precision parts manufacturer specializing in anti-vibration technology. The stuff they make is known as "dual use" by the U.S. State Department, which means the technology can also have a military application.

Because of that, the deal had to be approved by the Committee on Foreign Investment in the U.S. (CFIUS) since it could have national security implications. The thing is, the American side of BHR – meaning Hunter Biden and his pals – had to know there were serious national security implications with AVIC.

The year before they formed a partnership with AVIC, the Wall Street Journal reported how AVIC stole technology related to the U.S. Air Force's F-35 stealth fighter and used it in its own stealth fighter for the Chinese.

How the Committee on Foreign Investment approved that deal remains a mystery. CFIUS does not publicly disclose any information regarding its decisions. Their findings are not publicly announced.

Interesting that China accounted for the largest share – with 74 transactions – approved by CFIUS during Obama's second term (2013-2015).

Under the umbrella of Rosemont Capital was a real estate company called Rosemont Realty. In 2015, a Chinese company called Gemini Investments bought a 75% stake in Rosemont Realty. The company was renamed Gemini Rosemont

Gemini brought $3 billion to the partnership with Rosemont, with the aim of buying "Class A institutional-quality commercial office properties in U.S. markets."

Red flag (literally) – Gemini Investments is a subsidiary of the China Ocean Shipping Company, a.k.a., "COSCO."

COSCO is a Chinese government-owned company. Its headquarters in Beijing is actually next to the headquarters of the Bank of China. COSCO is well-known for its close military ties. It's essentially a branch of the Chinese Navy.

2017

In 2017, BHR invested in Face++. That's the facial recognition phone app built by a Chinese company that is incorporated in a separate app built by the Chinese government. Police in the Xinjiang [Sin-jong] region of China use that app to keep tabs on citizens, and track and detain Uiguhr [Wee-ger] Muslims.

The app allows police easy access to data about Chinese Muslims including things like religious activity, blood type, and even the amount of electricity they use.

2018

In March 2018, a spokesman (Chris Bastardi) for Christopher Heinz (John Kerry's stepson) emailed The Hill to say that Heinz had "no operating role" in Rosemont Seneca, and that he was not involved in any of Rosemont's deals in China (which contradicts Schweizer's report in his book Secret Empires).

Chris Heinz was involved in Rosemont Capital. Rosemont Seneca was established under the same GP as Rosemont Capital, but Chris Heinz had no operating role in it. Chris and his family have no financial interest or investment in Bohai Harvest RST, he has never traveled to China, and he has never met with the firm's Chinese management team or investors.

2019

In October 2019, Hunter Biden's lawyer, George Mesires, said Hunter did not conduct any business on that 2013 trip to Beijing with his Dad.

Mesires said the timing of BHR's business license getting approved was purely coincidental because the paperwork had been submitted months before the Bidens' China trip.

According to Hunter's lawyer, the approval " was not related in any way, shape or form to Hunter's visit."

Hunter Biden finally stepped down from the BHR board last October (2019), but he DID NOT give up his 10% stake in the company.

When Bevan Cooney — the former "junior" business partner to Hunter Biden and Devon Archer — went to jail in 2019, investigative reporter and New York Times bestselling author Peter Schweizer thought he'd never gain access to the damning emails Cooney had promised. That all changed three weeks ago when Schweizer was given complete access to Cooney's gmail account.

Schweizer joined Glenn Beck on the radio program Tuesday to describe just some of the business deals revealed within these emails — like Hunter working with an alleged Russian criminal and with Chinese communists to secure their assets, or to secure one-on-one time with his dad, then-Vice President Joe Biden. And all of this new information is completely separate from the emails allegedly discovered on Hunter Biden's laptop recently reported by the New York Post.

"So, I want to make this clear. This [Cooney's emails] has nothing to do with what's on the laptop … It didn't come from [Rudy] Giuliani. It didn't come from anybody else, right?" Glenn asked Schweizer.

"That's absolutely correct," Schweizer confirmed.

He briefly explained how Cooney, a former Los Angeles nightclub owner, is currently serving a prison sentence for his involvement in a fraudulent business bond scheme with Biden and Archer. From prison, Cooney gave Schweizer written permission to access his Gmail account.

"This is really important," he noted. "We're not looking at printouts. Not looking at PDFs. We're actually in his Gmail accounts themselves, sifting through these emails. And there's a shocking amount of information about deals involving China, involving Russia, involving all sorts of things they were trying to pull off."

Watch the video below to catch more of the conversation:

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The king of "No Spin" and bestselling author of "Killing Crazy Horse," Bill O'Reilly joined Glenn Beck on this week's podcast to talk about the latest developments in Joe Biden's Ukraine and China corruption scandal. Now that some of the details are finally coming out in the open, does the average Democrat care? Maybe, but the Left doesn't seem to.

O'Reilly argued there's more hatred for President Donald Trump now than in 2016, and that some people hate President Trump so much that they'd rather vote for the "senile, corrupt" Joe Biden.

"Hunter got tens of millions of dollars from Ukraine, from Russia, from China because his father was vice president. I have no doubt in my mind," O'Reilly said. "But the hatred for Donald Trump overrides that in the minds of millions of viewers. They're saying, 'You know, we'd rather have the senile corrupt guy than Trump.'"

Asked by Glenn if any other Republican running for president would be met with the same level of vitriol, O'Reilly answered, "The Left is the Left. They don't like America. The want to redo the Constitution. They want to take some of our freedoms, like the Second Amendment and the First Amendment, and change them. And they want to destroy capitalism and replace it with a big centralized government in Washington that controls the economy … but I'm talking about the folks. I have liberal friends and I say to them, 'Do you not understand that when you vote for Biden, you're voting against your own self interest?'"

Watch the video clip from the full podcast below, or find the full episode HERE:

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