There has been much talk in recent months about how Hunter Biden, son of former Vice President Joe Biden, exploited his father’s name and political status to help secure lucrative jobs and business deals for which he had little or no relevant experience. It now appears, however, that he wasn’t the only Biden to have used the family name to their own financial advantage.
Author Peter Schweizer recently published yet another book that delves into political scandal and corruption, this time with a substantial focus on Joe Biden and his family, as he summarized in a recent article for the New York Post.
That article provided just a glimpse of what Schweizer detailed about the Bidens in his book Profiles in Corruption: Abuse of Power by America’s Progressive Elite, specifically with regard to the former vice president’s son Hunter, son-in-law Howard Krein, his sister Valerie, and his brothers James and Frank.
Profiting off U.S. taxpayers in Iraq
Breitbart went beyond Schweizer’s summary and took a deeper look at a rather questionable arrangement involving James Biden, the Iraq War, a construction company, and billions of dollars in U.S. taxpayer-funded reconstruction efforts in the war-ravaged Middle Eastern nation.
According to the outlet, in 2010, James Biden became a vice president at an international development company known as HillStone International LLC, which was run by a Biden family friend from Delaware named Kevin Justice, who just weeks prior had been at the White House for a high-level meeting with one of the vice president’s top aides.
Roughly six months after Biden joined HillStone as a top executive, the company secured a contract to build 100,000 homes in Iraq, part of a larger $35 billion arrangement with a South Korean construction firm. HillStone’s portion of the deal was estimated to be worth upwards of $1.5 billion, and James Biden stood to share a part of the expected $735 million profit from the project.
As it turned out, HillStone was ultimately compelled to back out of the deal once its lack of experience in large-scale construction emerged, but that didn’t stop the company from continuing to secure additional lucrative government contracts in Iraq — including a $22 million project for the U.S. State Department — as well as in other countries.
Exploiting the family name
So how and why did James Biden become a top executive at an international construction firm when he had little or no experience in the construction industry? Based on an admission from one of his “employers” — Dave Richter, president of Hill International, of which HillStone was a subsidiary — it was his family name and political connections.
“He knows how to deal with government officials; that’s his skill. He makes people from foreign countries comfortable we’re not going to steal their money,” Richter said of Biden in 2012, according to Breitbart. “After all, he’s also been with his brother [for] a long time.”
Indeed he had, as Schweizer noted in his piece for the Post, James had been profiting off of Joe and his political career going all the way back to Joe’s 1972 Senate run, when James served as the finance chair of the campaign. He further played a role in subsequent campaigns and, once Joe Biden became vice president, began to take part in a variety of overseas business deals and commercial opportunities.
Schweizer also revealed that, aside from the aforementioned deals in Iraq, James Biden and HillStone/Hill International also received dozens of other lucrative federal contracts for projects all around the globe, from inside the U.S. to Puerto Rico, the African nation of Mozambique, and many others.
In all likelihood, the connected deals mentioned by Schweizer are just the tip of the iceberg regarding Biden family corruption, a fact which helps explain why the former VP often becomes noticeably defensive and often angry whenever anyone asks him about his family members’ questionable business ventures.