Just when you thought the political drama couldn’t thicken any further, a new character has entered the stage with some explosive allegations against our favorite punching bag, Joe Biden. In a report from Fox News, Jason Galanis, a former business partner of Hunter Biden, has come forward with shocking allegations against the president.
Galanis, who is currently serving a 14-year sentence in prison for securities fraud, told congressional investigators that Joe Biden was eyeing a position on the board of a partnership formed by his son and associates after his tenure as vice president. This partnership, as Galanis puts it, would provide “political access in the United States and globally.” A pretty sweet deal if you ask me, but then again, who am I to judge?
According to Galanis, he worked with Devon Archer and Hunter Biden between 2012 and 2015. Their business venture included acquiring “Burnham & Co, a division of Drexel Burnham Lambert,” and “other businesses in insurance and wealth management.” Their goal? To “make billions, not millions.” Now, that’s ambition for you!
The whole value-add of Hunter Biden, according to Galanis, was his family name and his access to his father. So, it seems like it wasn’t Hunter’s business acumen that was the draw here, but rather his ability to open doors thanks to his last name.
Galanis testified that in 2014, he had an agreement with Hunter and Devon to form a partnership with Harvest Fund Management, a $300 billion Chinese financial services company closely connected to the Chinese Communist Party. And guess who was slated to join the board after Obama’s administration wrapped up? Yep, good ol’ Joe himself.
Galanis has been involved in multiple high-profile legal cases related to securities fraud, which has led to significant prison sentences and financial penalties. So, let’s just say he knows a thing or two about shady business dealings.
This news raises more questions than it answers. What was Joe Biden’s role in this partnership? Why would a vice president consider joining a board connected to the Chinese Communist Party? And most importantly, will these allegations lead to any repercussions for the Biden family?