Catching Up on the Hunter Biden Story 

“I’m not really interested in the money accusations,” MM said to me. “What really bothers me is this story about him turning his back on one of his children.”

Not interested in the “money accusations”? Really?

If you get your news from the mainstream media, you would not have heard about Navy Joan, the four-year-old child that Hunter and the Biden family have been trying to ignore since August of 2018, when Hunter fathered her with an Arkansas woman named Lunden Roberts, who was working as an exotic dancer at the time.

The following year, Roberts sued Hunter for paternity and child support. He denied her claims, both in court and publicly. DNA testing confirmed Hunter as the father, but a motion was filed to keep the child’s identity private in order to “protect her” during the 2020 presidential election campaign.

The story was followed in the conservative media, but as far as the mainstream press was concerned, it didn’t exist. Nor did the child. The first time it was even mentioned by the NYT was on June 29, 2023, when the suit ended and the settlement made its way into the public record. And even then, you might have missed it, since it was reported in the Sunday edition of the paper, on the bottom of the first page.

That article, written by a Katie Rogers, presented Hunter and the Biden family as “victims of the politics of paternity in the public glare.” And she reported that there was no evidence that the White House was involved in negotiations with the child’s mother. (You can read the article here.)

Screech to a stop! What?

Joe and Jill Biden aren’t interested in the fact that their drug-addicted son knocked up a stripper and gave them their seventh grandchild? And they weren’t at all involved in that paternity suit that lasted four years?

When Biden announced that he had won the election in 2020, he had six grandchildren on stage with him. And in 2021 and 2022, the White House protocol supervisor, ever diligent about presenting the right image of the family, hung Christmas stockings for six grandchildren, not seven.

By that time, the cat was well out of the bag. “Remarkable that Joe Biden hangs a Christmas stocking for his dog, but won’t acknowledge his granddaughter,” tweeted Republican Sen. Tom Cotton of Arkansas, where Navy Joan lives with her mother.

The president and his wife refused to acknowledge the existence of one of their grandchildren? And the father of the child was suing the mother in an attempt to bar the child from having her father’s name?

How could any media outlet NOT want to run with this story the moment it broke and for as long as it lasted? I mean, this is a drama worthy of Shakespeare. No, Aeschylus!

Millions of Dollars of Questionable Income

Back to the subject that didn’t bother MM – Hunter Biden’s questionable financial transactions during the time his father was vice president under Obama…

Here are the facts: In 2017 and 2018, Hunter failed to report more than $1.5 million in income that he and his various shell companies received from unnamed foreign sources. Somehow, he discovered that the IRS was coming after him, and coughed up the money to pay the taxes.

Still, he was guilty of at least two felony tax crimes that would have landed any ordinary person in jail, not to mention the huge fines. But somehow, in negotiating a settlement, the charges against Hunter were dropped to misdemeanors. For which, instead of going to jail, he was going to have to take some sort of tax ethics course.

That was crazy enough. But there was another term in the settlement that caught the judge’s eye. It was an agreement by the government that, after finishing his “course,” he would have immunity from all further charges related to tax frauds that might pop up in the future. (Can you imagine?!!)

When the judge saw that, she asked the IRS if there were any other ongoing investigations of that type. The answer was yes. “How can I agree to this settlement when there are other charges, about which I know nothing, that are still in process,” she said. (I’m paraphrasing.)

So, the judge denied the settlement and Hunter pleaded not guilty to the charges and the saga continues, with Hunter still being liable for tax and other crimes he might have committed then, or since then.

And there are plenty more. For example:

* In one deal, a representative of Hunter’s company received more than $3 million from November 2015 to May 2017 and wired approximately $1 million in installments to Hunter, his business associate James Gillian, and Hallie Biden, the widow of the president’s oldest son, Beau Biden, who died in May 2015.

* The investigation into Hunter expanded to include potential violations of foreign lobbying and money laundering rules as he reportedly “cashed in” on his father’s name to close lucrative business deals. In 2014, for example, he served on the board of Burisma, a Ukrainian energy company, where he was paid about $50,000 a month. And between 2013 and 2018, Hunter and his firm took in about $11 million in payments from China and Ukraine.

* IRS special agent Joseph Ziegler told the House Oversight Committee on Wednesday that Hunter’s overseas influence-peddling operations have enriched the First Family and their business associates to the tune of more than $17 million. The funds were raked in through various multimillion-dollar payments made by foreign nationals to Biden-family-linked corporations between 2014 to 2019. Click here.

And even that cannot possibly be the end of it. As I said in the April 18 issue, Hunter Biden, this kid who was kicked out of the military because of bad behavior and spent years addicted to drugs and whoring around, this kid that had no previous education in any of the businesses he was getting paid to consult with, has somehow acquired a net worth of $160 million.

It’s impossible to end up with a net worth of more than $100 million unless you have earned at least $300 million. So, are we supposed to believe that he earned that money legally? What could he possibly have offered Russia, or China, or the Ukraine, except his father’s influence?

This is not going to go away. There is just too much documentation of Hunter’s malfeasance in the hands of the Republican-dominated House. It’s going to come out. What’s more, there is mounting evidence that Biden was involved in Hunter’s activities, including recordings when he talks about “10% to the big guy,” and a recording of him threatening an official to pay up, saying that his father was sitting right next to him.

That’s why I’m standing by my prediction in that same April 18 issue that, for one official reason or another, Joe Biden will not be running for president next year.

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European Union Countries, Liberal on Most Issues, Are Putting a Lid on Immigration 

Giorgia Meloni, Italy’s first female prime minister 

 

The European Union is ratcheting down the flow of immigrants through negotiated migration and asylum policies and tighter enforcement at the borders. The campaign to reduce immigration has been led by Italian prime minister Giorgia Meloni, whose anti-immigration stance gave her a strong victory in the parliamentary election last September. In Holland, Dutch Prime Minister Mark Rutte’s government recently collapsed over the immigration issue. And according to the WSJ, anti-immigration proposals are doing well in Austria, the Netherlands, and Spain.

Get this: The growing anti-immigration sentiment was kindled in 2016 when a million migrants, mostly from Syria, entered the EU. In the USA, we had more than twice that many illegals cross the Southern border last year.

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Market Sentiment Is Up. But Why? 

2022 was a bad year for stock investors.

Finishing at 33,147, the Dow was down 3,191 points for the year. (In percentage terms, that’s a drop of 8.8%.) That made 2022 the worst year for the Dow since 2008. But in October of last year, the US Stock Market Index rose from 28,692 to 29,795 at the end of the month. It then shot up to 35,605, where it stayed until the end of the year. And then it dropped to 31,851 in mid-March, where it began a climb upwards.

What’s perhaps more interesting is that the speculators are coming back. Meme stocks are up, some as much as 100%, and Riot Platforms, a Bitcoin miner, is up 458% for the year.

What does that mean? I’m not sure. My guess is that it is a response to the liquidity being pumped into the economy and all the media excitement about the advent of a new economic age led by artificial intelligence.

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AOC Is Just a Regular Democrat Now

An insightful essay by Freddie DeBoer, my favorite Communist, on AOC’s disappointing (to him) failure to support the leftist ideas she associated herself with in the early months of her political career. Click here.

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* Alaska mayor proposes flying the state’s homeless population south for the winter. Click here.

* The eight habits that could add up to 24 years of your life. Click here.

* Rep. Chip Roy asks FBI Director Wray why the FBI arrested a pro-abortion man at gunpoint. Click here.

* Earth now has 8 billion people – and counting. Click here.

* Lawmaker questions DOD over the military’s high spending on Viagra. Click here.

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Are Big Cities Dying?

I’ve been writing a lot about the demise of America’s big cities: Chicago, LA, New York, San Francisco, Houston, etc. Crime is up. Property values are down. COVID lockdowns taught corporations and their employees that they don’t really need to be downtown to make things happen.

It feels to me that we are five to 10 years away from the end of multimillion-person urban centers. I wouldn’t be surprised if, by 2030, the US would have only two cities (LA and NYC) with populations above a million. NYC would be down from 8.6 million to… hmmm… 3.6 million. And LA would drop from 4 million to about 2.5 million. (LA will retain more on a percentage basis because it is already a sprawling suburb.)

In the last three years, we’ve seen big, scary changes. On top of the list are the hysteria-fueled, power-grabbing government lockdowns, which unintentionally revolutionized the way businesses and employees think about work. Nobody wants to commute 30 or 40 minutes to work in a nondescript cubby in a nondescript city tower anymore. The future is two- or three-day in-office workweeks. And that is probably optimistic.

BLM riots, which destroyed blocks and blocks of formerly healthy retail businesses, including hundreds of Black- and Brown-owned businesses, are gone and don’t seem to be coming back. And there are stretches of formerly upscale retail streets that are eerily half boarded up.

The rise in violent crime in the big cities isn’t of much interest to anyone because it is mostly drug-related and Black-on-Black crime. What’s scaring businesses away is the huge increase in all forms of theft effectively allowed by city mayors and their DAs that believe there are too many people of color in jails.

On top of that, you have big inventories and higher interest rates that have a greatly negative impact on commercial real estate. In New York, San Francisco, London, Hong Kong, and Madrid, luxury office towers are only half-filled. And some landlords are walking away from their debt rather than pouring good money after bad. In San Francisco, for example, the owners of the largest shopping mall have abandoned it.

Even as stock markets rally and interest rates ebb, the problem for commercial real estate in cities is getting worse every week. The center will not hold.

Click here and here and here.

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Who Is This Taylor Swift Person?

If I’ve ever heard a Taylor Swift song, I wasn’t aware of it.

I’m just too old. And, happily, out of touch with the pop music scene today. I’m not embarrassed to admit that. I mean, by the time she hit the charts, I was in my sixties.

When you get to a certain age, the brain is tired of doing the thousands of things you made it do for so many years. Like remembering why you ended up here, in the hardware store. Or why you interrupted such a nice dinner party to blurt out what you just said.

It’s time, you think, to air out the knowledge warehouse and reduce the number of memories that have, over the years, cluttered up every nook and cranny. By having fewer memories, you reason, your brain will have more time and energy to do what it still must do. Like find the car keys. Or remind you to put on your shoes.

Purging the brain is the order of your age. So, you do that, even if you would prefer to hoard it all. But even if you have that mentality, it still makes zero sense to take in more memories. Especially with music. In your adolescence and young adulthood, you collected more music memories than you will ever need.

Which is why, despite her rising fame, I never gave Tayler Swift any of my attention. Furthermore, her clean-cut, wholesome, “pretty” look suggested to me that she would be a quickly passing fad.

I was wrong. Swift signed her first record contract in 2005, at the fragile age of 14. Teenage stars – TV stars, movie stars, and music stars – generally have a short arc of fame. Two or three years. Five years, at best. But here we are, 18 years later, and Taylor Swift is more famous and more popular than ever. In fact, there is an argument to be made that she is the most successful rock/pop star of all time.

Here’s a good example: Take a look at this amazing list of the amazing number of music industry records broken by Taylor Swift.

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The World Is Getting Older. Fast!

It’s not just my generation, it’s the Baby Boomers. And it’s not just in the USA. The population of the entire world is aging. And aging fast. To get a feel for how important this is, check out this chart.

 

Better Than Plastic!

Driver’s licenses, credit cards, bank cards, and even gift cards are fast becoming obsolete. In three to five years, we’ll all be using a simpler and much less risky way to carry around our most sensitive information and pay our bills.

A harbinger: Amazon and Whole Foods have teamed up to launch a new technology that will allow shoppers to transfer all their credit information by passing their hands under some newfangled machine. Read about it here.

 

Lights! Camera! Inaction? 

American films brought in $592 million in ticket sales in China in the first half of the year. That sounds like a lot until you learn that last year, at the same time, they earned $1.9 billion!

 

How Rich Is Elon Musk? 

Rich enough that he lost $13.6 billion in net worth July 20th (on account of a Tesla stock dive) and still has a $40 billion lead on Bernard Arnault, who is No. 2 on the Bloomberg Billionaires Index. Click here.

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