Wednesday, August 16, 2023

Biden's Laptop vs. Kushner's $2 Billion Saudi Deal: Which is Worse by GOP Standards

Proof meets Pudding (GOP hates both)

$2 Billion: Reason, cause, purpose, document(s)??

Stunning story from SALON – Jared Kushner foreign bu$ine$$ tie$ and billion$ of $audi money – while the GOP screams: “What about Hunter Biden?”

The SALON article headline:

“I've never seen anything like it: Economic analyst stunned at sources of Jared Kushner's funds”

Economic analyst Steven Rattner on the MSNBC “Morning Joe” show (Monday, August 14) shared a pie chart showing that all but 1% of the $3.1 billion in foreign investments to Trump's son-in-law (and former senior advisor) Jared Kushner's private equity firm “Affinity Partners” came from foreign sources after he spent much of his White House tenure cozying up to Saudi Arabia and Crown Prince Mohamed bin Salman (MBS).

The Saudis alone invested $2 billion in Kushner's fund while the UAE and Qatar each added another $200 million.

About $625 million came from other non-U.S. sources (not identified) while only $31 million came from sources inside the U.S.

Here is a short video of Rattner’s presentation on this story:

[CLICK HERE TO WATCH]

Rattner said on MSNBC that he's never seen this in his 40 years in the financial business, adding:I've never seen somebody get two-thirds of their money from a single investor. Usually a single investor might be a few percent of the fund, might be 5%, and even occasionally 10%. While Kushner has hired some people for his fund, I've seen nothing else about what he's actually done with the money. It is normal to invest this money over a period of several years, so I don't think we can draw a firm conclusion yet. But, again, we're going back to a guy who's a real estate guy, and frankly, not a particularly good one at that, who's suddenly got $3 billion trying to do private equity deals competing against people who've been in this business for a long time. And I wouldn't, if I were the Saudis, count on making a lot of money from this any time soon. U.S. private equity firms still raise the vast bulk of their money from U.S. investors. This is extraordinary — unprecedented — I've never seen anything like it.”

My 2 Cents: Related House Oversight Committee in June 2022, then under the DEM majority opened an inquiry into this Kushner $2 billion deal with the Saudi Crown Prince MBS.

Now since the 2022 midterms with this new GOP majority now in charge – well, no one knows the status – do you? I couldn’t find any updates. Apparently, the GOP killed it.

So, where are the Republican Hunter Biden headhunters on this helluva “sweet heart” deal for Kushner? Well, most are as silent as a church mouse.

But, Rep. James Comer (R-KY) the #1 GOP committee headhunter did say this.

Excuse me, Mr. Comer: Hunter Biden never served in any government position at any time or place ever.

Jared Kushner was a senior advisor right next to Trump for 4 years and he got especially close ME leaders (especially MBS) and then he cashed in shortly after leaving the White House to the toon of some $3.1 billion seen in the chart above.

So, as before I ask now again: How do we spell hypocrite? Simple: G.O.P.

Will Jared Kushner be investigated at the same level as Hunter Biden on foreign money ties? – Ha – very doubtful – or better yet: 100% doubtful.

Thanks for stopping by.


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