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More from ‘Red-Handed': How the Bush Family and Sen. Dianne Feinstein’s Husband Cashed In
 How the Bush Family Cashed In on Friendship with Chinese Official Involved in the Tiananmen Square Massacre [Breitbart] The Bush family has cashed in on friendship with former Chinese President Jiang Zemin, the architect of the Tiananmen Square massacre, for generations, Peter Schweizer documents in his new book Red-Handed: How American Elites Get Rich Helping China Win. Among the most longstanding and lucrative ties binding CCP elite to America’s wealthy is that forged by former President George H.W. Bush, who, Schweizer recalls in the book, was so beloved while serving as America’s top diplomat in China that then-President Deng Xiaoping “threw him a going-away party” in 1975, calling the Bushes “old friends.” The relationship deepened under Deng’s successor, Jiang Zemin. Zemin was mayor of Shanghai when the Tiananmen Square massacre occurred in 1989, but took over as chairman of the Chinese Communist Party by the end of June, the month in which the massacre occurred. While not in charge when it actually happened, he became the face of the massacre for enthusiastically defending it in public and heavily censoring any mention of it within China. Before he became president, the Bush family benefitted from a relationship with Jiang during his tenure as mayor of Shanghai, now China’s largest city. In 1989, as the elder President Bush settled into the presidency, his brother Prescott “closed a deal to build a golf club in Shanghai for foreign business executives” shortly before an official visit from his brother, Schweizer wrote. “It was one of the few golf courses in China that received government approvals required for construction.” “The mayor of Shanghai during negotiations for the golf course, Jiang Zemin, became a Bush family friend who later became the premier of China,” Schweizer noted. Prescott had been forging business ties in the country since his brother became vice president under Ronald Reagan. At the time, the Cold War had taken up almost the entirety of America’s foreign policy conversation, with China a distant, at best, concern. In the aftermath of the Tiananmen Square massacre, Schweizer notes that Prescott actively opposed sanctions on China over human rights concerns. “During the George W. Bush presidency, a new generation of Bushes began securing deals with Chinese officials,” Schweizer writes in his book. “Neil Bush, brother of the president, signed a contract with a Chinese company called Grace Semiconductor Manufacturing. Bush had no background in computing, but the firm paid him $400,000 a year.” “The company’s cofounder,” he observed, “just happened to be Chinese premier Jiang Zemin’s son.” Neil Bush is now a propagandist for Chinese state media, publicly opposing American support for the anti-communist protests in Hong Kong in 2019. For example, in a speech in 2019 for the CCP-linked front organization China-U.S. Exchange Foundation (CUSEF), Neil Bush slammed the “America First” policies of the Trump administration. “China is not an economic enemy or existential national security threat to the United States,” he declared. “The demonization of China is being fueled by a rising nationalism in the U.S. that is manifested in anti-immigrant, anti-Chinese, pro-America-first rhetoric.” Also in 2019, CUSEF became a major donor to the Bush China Foundation, pledging over a million dollars per year for a five-year period, Schweizer reports. He notes that this pledge “would constitute a large portion of the nonprofit’s income.”  Sen. Dianne Feinstein’s Husband Partly Owned a Chinese Company That Sold Spyware to U.S. Military[Breitbart] Peter Schweizer’s new book Red-Handed: How American Elites Get Rich Helping China Win tells the story of how Sen. Dianne Feinstein’s (D-CA) husband Richard Blum was part owner of a Chinese firm that allegedly sold computers with spyware chips to the U.S. military. The military has never been able to calculate how much sensitive data these computers allowed China to steal. A hefty chapter of Red-Handed is devoted to tracking Feinstein’s long and expensive relationship with Communist China. The senator has made herself very, very useful to Beijing — so useful that she actually tried to excuse the Tiananmen Square massacre by suggesting China only called in combat troops to murder thousands of demonstrators because it ran out of cops. In a total coincidence that could not possibly have been related in any way to Feinstein’s friendship with the tyrants of Beijing, her husband did a great deal of lucrative business with Chinese companies, including entities run by the Communist government and linked to the People’s Liberation Army (PLA). One of those deals saw Blum becoming a major investor in a computer company that was founded by researchers from the Chinese Academy of Sciences (CAS), an institution tied to both the Chinese government and the PLA. The company was originally called Legend, but is better known by its second name, Lenovo. Lenovo grew into a major player in the worldwide computer marketplace after it acquired IBM’s line of personal computer products in 2005. Lenovo’s deal to buy IBM’s business included $350 million in investments from three American private equity firms. One of them was Richard Blum’s Newbridge Capital. Some lawmakers worried Lenovo’s purchase of IBM’s personal computer line could jeopardize U.S. national security and transfer advanced American computer technology to China. Sen. Dianne Feinstein, who sat on the Senate Intelligence Committee at the time, was not one of them. It did not take long for security agencies across the Western world — including the U.S., U.K., Canada, New Zealand, and Australia — to discover security vulnerabilities in Lenovo products and ban them from sensitive operations. The U.S. State Department announced it would not allow Lenovo computers to connect to its classified networks in 2006, barely a year after the IBM acquisition. Somehow Lenovo still managed to sell a large number of laptop computers to the U.S. military, which discovered that many of those machines included motherboard chips that “would record all the data that was being inputted into that laptop and send it back to China,” as a computer operations manager for the U.S. Marines in Iraq put it. A year after that testimony was delivered, Blum sold his stake in Lenovo. The Pentagon released an audit in 2019 that found the Department of Defense (DoD) still has not formally banned computers from Lenovo, now the largest personal computer company in China, even though the Department of Homeland Security and the Joint Chiefs of Staff Intelligence Directorate have both identified the machines as cyberespionage risks. The U.S. Air Force purchased 1,378 Lenovo products worth $1.9 million as recently as 2018. Related: Red-Handed: 2022-01-28 Glenn Beck on ‘Red-Handed': Joe Biden ‘Is Compromised on Almost Every Front' with China Red-Handed: 2022-01-26 Feinstein defended China against human rights violations as husband got rich off Chinese companies Red-Handed: 2022-01-26 Biden Family Planned to Share Office Space with Company Employing ‘F**king Spy Chief of China' Posted by: Skidmark 2022-01-29 |
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