China is the Model for US Billionaires, Crony Corporatists and Authoritarian Kleptocrats

Yeah, don't fret, Trump will take care of China, All they do is war monger and create chaos in the middle east. Pfft, all these fake countries that have signed a pact with Iran and are lining up against the US in Syria? Disgraceful, all China's fault. Just you wait.
 
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Governor Newsom Meets with Chinese President Xi Jinping
Published: Oct 25, 2023

WHAT YOU NEED TO KNOW: Governor Newsom met with Chinese President Xi Jinping and other high-level Chinese officials to discuss climate action, economic development, cultural exchange, human rights concerns, and democracy.

BEIJING – On Wednesday, Governor Gavin Newsom met with President Xi Jinping in China’s capital city of Beijing. The Governor also met Wednesday with Foreign Minister Wang Yi and Vice President Han Zheng and signed a new climate-focused Memorandum of Understanding (MOU) with the National Development and Reform Commission Chairman Zheng Shanjie. The Governor was joined by U.S. Ambassador to China Nicholas Burns for the series of discussions.
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More: https://www.gov.ca.gov/2023/10/25/governor-newsom-meets-with-chinese-president-xi-jinping/

The list of billionaire patrons of Gavin Newsom is long indeed...

Gavin Newsom’s keeping it all in the family

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The connections date back at least 80 years, to when Jerry Brown’s father, Pat Brown, ran for San Francisco district attorney, losing in 1939 but winning in 1943, with the help of his close friend and Gavin Newsom’s grandfather, businessman William Newsom.
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Fast forward two decades. Gov. Pat Brown’s administration developed Squaw Valley for the 1960s winter Olympics and afterward awarded a concession to operate it to William Newsom and his partner, John Pelosi.
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One of the Pelosis’ sons, Paul, married Nancy D’Alesandro, who went into politics and has now reclaimed speakership of the House of Representatives. Another Pelosi son married William Newsom’s daughter, Barbara.
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... the Brown-Newsom connection continued as Brown’s son, Jerry, reclaimed the governorship in 1974. He appointed the younger William Newsom, a personal friend and Gavin’s father, to a Placer County judgeship in 1975 and three years later to the state Court of Appeal.

Justice Newsom, who died a few weeks ago, had been an attorney for oil magnate J. Paul Getty, most famously delivering $3 million to Italian kidnapers of Getty’s grandson in 1973. While serving on the appellate bench in the 1980s, he helped Getty’s son, Gordon, secure a change in state trust law that allowed him to claim his share of a multi-heir trust.

After Newsom retired from the bench in 1995, he became administrator of Gordon Getty’s own trust, telling one interviewer, “I make my living working for Gordon Getty.” The trust provided seed money for the PlumpJack chain of restaurants and wine shops that Newson’s son, Gavin, and Gordon Getty’s son, Billy, developed, the first being in a Squaw Valley hotel.
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Gavin Newsom had been informally adopted by the Gettys after his parents divorced, returning a similar favor that the Newsom family had done for a young Gordon Getty many years earlier.
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More: https://calmatters.org/commentary/2019/01/gavin-newsoms-keeping-it-all-in-the-family/

How eight elite San Francisco families funded Gavin Newsom’s political ascent

Gavin Newsom wasn’t born rich, but he was born connected — and those alliances have paid handsome dividends throughout his career.

A coterie of San Francisco’s wealthiest families has backed him at every step of his political rise, which in November could lead next to his election as governor of California.

San Francisco society’s “first families” — whose names grace museum galleries, charity ball invitations and hospital wards — settled on Newsom, 50, as their favored candidate two decades ago...
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A Times review of campaign finance records identified eight of San Francisco’s best-known families as being among Newsom’s most loyal and long-term contributors. Among those patrons are the Gettys, the Pritzkers and the Fishers, whose families made their respective fortunes in oil, hotels and fashion.
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Now the families appear poised to see their investments pay off.
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More: https://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/
 
Speaking of Newsom and Pritzker, they are making sure that their billionaire friends will donate a little pocket change to the Biden campaign...

J.B. Pritzker, Gavin Newsom juice Joe Biden's campaign fundraising efforts

President Joe Biden’s re-election fundraising operation has gotten a powerful assist from the nation’s Democratic governors, who have helped him amass a record $91 million war chest a year ahead of the presidential election. Illinois Gov. J.B. Pritzker has organized events with deep-pocketed donors...
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https://www.bloomberg.com/news/arti...atic-governors-raise-money-for-biden-campaign
 
Tech execs are reportedly 'scrambling' to score a ticket to a dinner with China's president in San Francisco

Tech titans are expected to converge on San Francisco this week for some face time with the president of China.

For the first time in 12 years, the US is hosting the Asia-Pacific Economic Cooperation (APEC) meeting, and the stage is set for America-based CEOs to improve their professional relationship with China.

As such, a dinner invite from Chinese President Xi Jinping is highly coveted by executives attending the meeting.

Among those scheduled to attend APEC are Microsoft CEO Satya Nadella, Citigroup's Jane Fraser, Tesla and SpaceX CEO Elon Musk, and more.

Many leaders in tech have been invited to dinner with Xi, and others are trying their best to score a seat at the table, Bloomberg reported. Although the dinner isn't listed on APEC's official schedule, Reuters reported that it's set to take place on Wednesday.

Exxon CEO Darren Woods is scheduled to deliver a speech called "Reframing the Climate Challenge: Keep the Energy, Curb the Emissions." Meanwhile, Musk is set to talk with Salesforce CEO Marc Benioff for "a conversation on AI and the Future" on Thursday, according to the official site.
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https://www.businessinsider.com/elon-musk-marc-benioff-satya-nadella-xi-jinping-attend-apec-2023-11
 
The corrupt drugs/sex-addicted Hunter Biden was doing some dirty deals in communist China (don’t talk about Hunter’s handler Chris Heinz, Kerry’s stepson)...

In the summer of 2009, Hunter Biden and Christopher Heinz founded Rosemont Seneca, funded by the Heinz family investment fund Rosemont Capital. Joining them was their Yale friend Devon Archer.
In 2012, Hunter met Jonathan Li and formed a partnership with Rosemont Seneca and Thornton Group. Li became the head of their joint venture, the Chinese private-equity fund Bohai Harvest RST (BHR).

In December 2013, Hunter Biden flew with his father to China. Then vice president Biden met Chinese President Xi Jinping. Hunter also introduce Li to sleepy Joe.

Within 2 weeks of the China trip, (a subsidiary of) the Bank of China financed BHR with a cool $1 billion. Rosemont Seneca with the Thornton Group owned a 30% stake in BHR (worth $300 million?). The 2 involved Chinese asset managers, Bohai Industrial Investment Fund and Harvest Fund Management, together owned another 30%.

BHR also partnered with a subsidiary of HNA Group.
The HNA Group offered to buy out the hedge fund of Trump White House official Anthony Scaramucci.
HNA also hired Gary Locke for legal work, shortly before his confirmation as Obama's US ambassador to China.
HNA also financed a private-equity firm, BH Logistics, backed by Jeb Bush (brother of George W.).
HNA once hired Bill Clinton for a (no doubt well-paid!) speech.

Shortly after Trump was elected president in 2016, the Bank of China added none other than Angela Chao, the sister of Donald's Transportation Secretary Elaine Chao (wife of Senate Majority Leader Mitch McConnell), to its board of directors.

In 2014, Hunter Biden was sending emails to James Bulger, to help his uncle, Joe Biden's brother-in-law Jack Owens, make a deal in China.
At this request, Owens was invited to the September 2015 state luncheon, with Joe Biden, Chinese President Xi Jinping and John Kerry.
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Heinz, Hunter, Rosemont and China
 
Of course anything Biden and Clinton can do, Trump and Bush can do better (or maybe it’s a tie?)...

The trail of drugs trafficking, money laundering, Henry Kissinger, leads to Elaine L. Chao and back to Donald Trump, George Bush and the Clintons.

President Trump nominated Elaine L. Chao (born in Taiwan) to Secretary of Transportation, which the Senate confirmed by a vote of 93-6 (her husband Senator Mitch McConnell didn’t refrain from voting…).
Elaine Chao has earlier served as a Reagan administration official and secretary of labor in the George W. Bush cabinets (from 2001 to 2009). Elaine Chao is also a member of the Council on Foreign Relations (CFR).

Elaine’s father, James S.C. Chao, was a classmate at Jiao Tong University of Jiang Zemin, the president of China in the ’90s. They have kept in touch ever since.
Through James Chao, Elaine and Mitch McConnell met Jiang several times, both in Beijing and Washington. When Jiang visited the White House in 1997, he met privately with Elaine and Mitch McConnell, before a state dinner hosted by President Clinton; Senator McConnell again met Jiang the next morning.
In 1999, Elaine and Mitch appeared at the University of Louisville with Chinese Ambassador Li Zhaoxing.
Drugs-profits-for-Oil-wars
 
Apple’s Cook, BlackRock’s Fink Among CEOs Attending Xi Dinner

US business titans including Apple Inc.’s Tim Cook and BlackRock Inc.’s Larry Fink are set to attend a dinner with Chinese President Xi Jinping on Wednesday, as he tries to woo foreign capital to the world’s second-largest economy.

Blackstone Inc. Chief Executive Officer Steve Schwarzman and Visa Inc. CEO Ryan McInerney will also join them at the soiree in San Francisco, according to people briefed on the matter. Pfizer Inc. CEO Albert Bourla earlier confirmed he would attend the event, as he spoke on the sidelines of a summit that’s part of this week’s Asia-Pacific Economic Cooperation leaders’ meetings.

Technology CEOs including Qualcomm Inc.’s Cristiano Amon and Broadcom Inc.’s Hock Tan are also on the guest list, said the people, who asked not to be identified sharing details of a private event.
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More: https://finance.yahoo.com/news/apple-cook-blackrock-fink-among-002731889.html
 
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Kinda surprised this isn't getting more traction in here...

https://news.yahoo.com/apple-cook-blackrock-fink-among-002731741.html?

Among the guest list at this dinner hosted by the National Committee on U.S.–China Relations and the US-China Business Council:

Tim Cook - Apple
Larry Fink - BlackRock
Steve Schwarzman - Blackstone
Ray Dalio - Bridgewater Associates
Ryan McInerny - Visa
Merit Janow - Mastercard
Albert Bourla - Pfizer
Gina Raimondo - US Commerce Secretary
Cristiano Amon - Qualcomm
Hock Tan - Broadcom
Evan Greenburg - Chubb, LTD.
Marc Casper - Thermo Fisher Scientific
Elon Musk - Tesla, SpaceX, X... (went to the reception, but not the dinner)
Marc Benioff - Salesforce
Stan Deal - Boeing
Raj Subramaniam - FedEx

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But hey... we're getting a couple of pandas!!!

Anyone care to guess how much Federal Reserve money got placed on the balance sheets of those companies????
 
The Day America Was Sold to China

 
Embracing Communist China
America's Greatest Strategic Failure
By James Fanell, Bradley Thayer

For decades, the United States has underestimated the threat from the People’s Republic of China (PRC). In doing so, it has left our country vulnerable to their devious plans—a profound, strategic miscalculation. As a result of this carelessness, the United States is at risk of losing its dominant position in global politics.

But how did this happen? How was it possible that the US could lose its dominant position after its Cold War victory and allow the rise of a peer enemy over a short period of time—about thirty years?

In Embracing Communist China, authors James E. Fanell and Bradley A. Thayer get to the bottom of this heinous miscalculation.

Broken down into three central arguments, Fanell and Thayer lay out not only the reason for China’s rise in power, but how the United States could have prevented it.

Due to failures on the parts of the national security commission, strategists, military personnel, and the intelligence community, a historical case of “threat deflation” caused our country to refute all supplied information of China’s growing power. By not taking this seriously, the PRC has risen with the goal of usurping the US as a global superpower.

US business interests and financiers trumped strategy. Seeing China as a source of cheap labor for manufacturing, investment, and intellectual labor—including for research and development—the mighty dollar’s influence reigned supreme, overlooking the big picture.

With their advancements, China used its political warfare strategy to promote threat deflation under Deng Xiaoping. As such, the PRC—learning key lessons from the Soviet Union’s mistakes in the Cold War—focused on elites from all aspects of US and other Western societies, enriching them and shaping their perception of China and of Chinese Communist Party (CCP) while using the enticement of a growing market to influence their behavior.
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https://www.skyhorsepublishing.com/9781648210594/embracing-communist-china/
 
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