by Andrew C McCarthy at National Review
Based on testimony from an IRS whistleblower, the New York Post reports that Hunter Biden received $4.9 million from his “sugar bro,” Hollywood lawyer Kevin Morris, between 2020 and 2022. While the paper rightly describes this sum as “staggering,” I don’t think it’s all that surprising.
As I detailed during the summer, at some point the president’s son quietly transferred to Morris his stake in the lucrative investment partnership he had formed with agents of the Chinese government in 2013 — after he flew with then–vice president Joe Biden on Air Force 2 to Beijing, where he negotiated the arrangement with his principal partner, Jonathan Li (for whose son Joe Biden later wrote a letter to help the younger Li get into an American Ivy League school).
Hunter eventually acquired a 10 percent stake in that venture, known as Bohai Harvest RST. “Bohai” refers to the Chinese end; “RST” refers to (a) Rosemont Seneca, the partnership Hunter Biden former with his friend and business partner Devon Archer, and (b) the Thornton Group, a Boston-based investment firm run by James (Jim) Bulger — the son of the Democratic Party powerhouse William (Billy) Bulger (longtime president of the Massachusetts state senate) and nephew of James (Whitey) Bulger, the infamous mobster, who was killed in federal prison in 2018.
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