Crepitus
Diamond Member
- Mar 28, 2018
- 79,653
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- Thread starter
- #41
Informative, thank you.Moscow McTurtle has sold out to China.
Mitch McConnell is the powerbroker of the US Senate, but he’s also a guy whose in-laws own a major shipping company that buys container ships from a Chinese Government company. The in-laws make money from carrying goods back and forward in deals with Chinese State Owned companies.
McConnell’s wife is a Chinese-American and also happens to be The Transportation Secretary of the US Government (!). Since Elaine Chao took up that job four years ago, her fathers company has expanded rapidly and has added 40 percent more ships. Her father, James Chao, is a shipping magnate that gave his daughter and her husband McConnell a gift of at least $5 million in 2008. That’s the conservative estimate — it might have been worth as much as $25 million dollars. (Nice in-laws if you can get them.) The largess was legally disclosed. The net worth of the political couple went from $3m in 2004 to something between $9 and $36m by 2018.
And Russia.
Senate Majority Leader Mitch McConnell voted to drop sanctions from a company connected to one of Putin's closest allies, and a new report claims that the actions may directly benefit one of the major donors to the Republican Party.
A report from the political group theDemocratic Coalition revealed ties that the Kentucky senator has to a company called Access Industries, which is owned by Russian oligarch Len Blavatnik. Access Industries donated $3.5 million to the Senate Leadership Fund, a super PAC run by McConnell's former chief of staff.
Rusal, the aluminum company partially owned by Russian oligarch Oleg Deripaska, announced plans to invest around $200 million to build a new aluminum plant in Kentucky just months after the Trump administration removed it from the U.S. sanctions list.
The new aluminum plant, slated to be built in the home state of Senate Majority Leader Mitch McConnell, will be the biggest new aluminum plant constructed in the U.S. in decades. Rusal will have a 40 percent stake in the facility.