Bernard L. Schwartz mailing address: 600 Third Avenue, New York, NY, 10016
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March 23, 2020
Democrat presidential candidate Joe Biden is propped up by donor Bernard Schwartz, whose donations to former President Bill Clinton’s political infrastructure in the 1990’s allowed Schwartz to sell his U.S. satellite technology to China to use on Chinese rockets.
Schwartz, chairman of BLS Investments, recently donated $100,000 to the pro-Biden super PAC Unite the Country. Schwartz donated between $500,000 to $999,999 to the now defunct Biden Foundation, which Biden oversaw during his perfunctory pre-presidential run public speaking period. Biden topped $15 million in income after 2016, according to a 2019 New York Times report. Schwartz was instrumental in pressuring Nancy Pelosi and Chuck Schumer to engineer the plot that led to Biden becoming the presumptive nominee instead of insurgent socialist Bernie Sanders.
Biden faces questions about his son Hunter’s partnership with a Chinese government-backed investment firm, which Hunter got involved with less than two weeks after a vice presidential state trip on which he introduced his dad Joe to the eventual Chinese CEO of the firm. That Hunter Biden-partnered investment firm invested in a Chinese nuclear energy company that presents a massive problem for Biden because the American DOJ charged it with espionage in 2016 for stealing secret American nuclear information. Amazing!
Schwartz’s China dealings should also come under scrutiny.
“In June 1994, the CEO of Loral Space and Communications, Bernard Schwartz, made a $100,000 contribution to the Democratic National Committee. He then joined a Ron Brown trip to China that led to a $250 million telecommunications deal for Loral’s satellites to be launched by Chinese rockets.
In October 1994, Clinton lifted the sanctions he had imposed on China for selling missile technology to Pakistan. In early 1995, Schwartz sent a letter to Clinton urging that responsibility for satellite-export licenses be shifted from the State Department to the Commerce Department. Meanwhile, both Schwartz and Johnny Chung made more huge donations, in excess of $100,000, to the Democratic Party.
On February 6, 1996, despite reports that China continued to export nuclear technology to Pakistan and missiles to Iran, and over the objections of our State and Defense Departments, Clinton signed waivers for four U.S. satellites to be launched by Chinese rockets. On the very same day, Wang Jun (a “Chinese arms dealer”) attended one of Clinton’s now-famous campaign coffees in the White House and spent some time in Ron Brown’s Commerce Department office. Wang Jun owns a huge stake in a Chinese enterprise that benefited from Clinton’s waivers, China International Trade and Investment Corporation.
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