by Scott Creighton
In the wake of Obama’s neo-Nazi-backed color revolution in Ukraine, Joe Biden’s coke-head son stood to make a bunch of money sitting on the board of directors of Burisma Holdings, a LNG company operating in the south eastern part of the country. As Ukraine’s President Petro Poroshenko dutifully imposed brutal austerity measures on the people of his country on behalf of the neoliberal masters of the universe, he was somewhat slower in implementing other structural reforms demanded by the IMF, World Bank and the Obama administration. This was the deal. They put him in power and he makes the people pay while privatizing and deregulating everything under the Ukrainian sky on behalf of foreign interests, those self-same masters of the universe.
Burisma Holdings, for example, is based in Cyprus.
In light of that betrayal, Vice President Joe Biden (on the campaign trail for Hillary Clinton, by the way, who has her own history of using political influence to line the pockets of family members as well) has openly threatened President Poroshenko recently by suggesting if they don’t implement these “reforms” on the energy sector, he could see to it that the sanctions on Russia are halted.
“US Vice-President Joe Biden says Europe could walk away from sanctions against Russia, unless Ukraine makes progress with economic and political reforms. At least five countries want to drop the sanctions, he warned…
“I’ve been the guy on the back of Ukrainians – which was a thoroughly corrupt system when they came in – making the case that, ‘You have to understand: everybody’s willing to blame the victim, and you better straighten up and fly right,’” he added.
Biden’s statement comes a day after he met with Poroshenko at the UN. The VP said that all policy steps were taken to issue to Ukraine a third US sovereign loan guarantee of up to $1 billion. He urged Poroshenko to accelerate the reforms in Ukraine’s energy and justice sectors.” RT
It should be noted that these “reforms” Biden is demanding will directly influence his son’s net worth. In short, they will make him a richer coke-head. And yes, Hunter Biden is a coke-head. He got kicked out of the Navy for it.
“Mr. Biden was commissioned as an ensign on May 7, 2013, and assigned to Navy Public Affairs Support Element East in Norfolk, Va., a reserve unit, according to the Navy.
In June 2013, after reporting to his unit in Norfolk, he was given a drug test, which turned up positive for cocaine, according to people familiar with the situation. Mr. Biden was discharged in February, the Navy said.” Wall Street Journal
Hunter Biden was taking advantage of a program started under the Obama administration which allowed wealthy, privileged members of society to join the military at an officer’s rank without actually having to serve in the military. An officer’s rank and pay/benefits mind you. Biden’s daddy being VP certainly factored into his acceptance in the Navy as an officer. His coke problem got him kicked out after a month.
An officer and a gentleman, huh?
Hunter Biden, through Burisma Holdings, has been steadily buying more and more LNG assets in Ukriane over the past year and a half. Hunter also serves as head of legal affairs for the company. I guess they have a less stringent drug testing policy than the US Navy.
Specifically the issue at hand for our glorious “liberal” Vice President (“vice” seems to fit, doesn’t it?) is the Ukrainian government wishing to maintain some level of control over their LNG industry. Apparently as his son buys more and more LNG assets in the country, Joe Biden wants President Poroshenko to give up on that notion so his coke-head son can become a coke-head oligarch in the country Obama regime changed.
You with me so far?
“Ukraine may lose hundreds of millions of dollars in aid after a surprise decision by the government to take direct control over the country’s gas production and transportation company…
Kiev has changed the charter of Naftogaz to shift control of the company to the energy ministry. Deputy Prime Minister Stepan Kubiv said the move was made to unbundle Naftogaz into separate gas transit and supply businesses to comply with the EU’s Third Energy Package…
European energy watchdog, the Secretariat of the Energy Community, warned Kiev that it’s unilateral move” violated rules by shifting control of both Naftogaz and Ukrtransgaz under the control of the economy ministry.
“The secretariat calls upon the Ukrainian authorities to fully and swiftly implement the resolution on unbundling, and follow OECD guidelines on the corporate governance of state-owned enterprises, as agreed also with international donors,” the watchdog said.
“Failure to do so may cause enforcement action by the secretariat, jeopardize Naftogaz’s ongoing arbitration cases [with Russia over natural gas], and endanger the role of Ukraine as a gas transit country,” it added…
Last week, the IMF provided Ukraine with $1 billion tranche for first time since August last year. The funding was delayed due to discontent with Kiev’s progress in tackling corruption, slow privatization of state assets and delays in reforms.” RT
Naftogaz is the national Ukrainian gas and mining company which employees something like 175,000 people in the country. After our color revolution, we installed former PricewaterhouseCoopers management consultant Andriy Kobolyev as the company CEO in order to better facilitate the privatization and deregulation process faster from within and above. It should be noted the neoliberal globalist Kobolyev is opposed to the nationalization of control of the major Ukrainian asset Naftogaz.
Interestingly enough, super globalist and neo-Nazi-backer George Soros made a point of demanding the wholesale privatization of Naftogaz back in 2014 and they even made a nifty little “hearts and minds” documentary in support of their neoliberal agenda.
In October 2014, George Soros named Naftohaz to be “a black hole in the budget and a major source of corruption” and called for a radical reform of the company, which could “totally eliminate Ukraine’s dependence on Russia for gas”. Radio Free Europe/Radio Liberty produced a short documentary entitled “The Palaces of Ukraine’s Oil and Gas Men” about the homes of Naftohaz management during the presidency of Viktor Yanukovych, who was overthrown in 2014 .
Naftogaz and the LNG industry in Ukraine is the juiciest plum in the basket of deplorable prizes for the regime change actors in Ukraine. And here we have Vice President Biden literally threatening the government of that country with economic hardships if they don’t “straighten up and fly right” and hand over control of billions of dollars of annual profits to his son’s company.
This is why these companies acquiesce to the demands of politicians and cede some measure of control to their coke-head children. They know their politically connected parents will use the influence of their offices to put the thumbscrews to leaders of nations on their behalf once their offspring have a vested interest in the outcome.
Pay to play? This is even worse. This is a Vice President of the United States looking to set his useless kid up for life as a new Ukrainian LNG oligarch right there in plain sight for everyone to see.
Kinda reminds me of all those no-bid contracts Halliburton “won” while Dick Cheney was VP.
And Obama went to the UN and talked about curbing the impression of corruption as it relates to globalization? That’s funny don’t you think?