“On the Holmes Front,” with Frank Holmes
If there’s one thing that President Joe Biden has proved throughout his five-decade-long political career, it’s that he always puts family first.
He’s the first one to put his son, Hunter, on foreign business boards… and makes sure Hunter includes “The Big Man.”
He’s the first one to meet with Hunter’s business partners once those relationships are cemented, and the checks are flowing to the Biden family.
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He’s the first one to make sure his wife sits at his desk and calls the shots backstage—and to make sure you call her “Dr. Jill.”
He’s the first one to let his brother drop his name—and offer access—to investors in what critics call economic schemes, scams, or fronts.
So now that he’s president and has lots of federal jobs to fill, it’s no surprise that Biden puts the families of his cronies first, too.
One of the most influential players in the Biden administration is an investment management group called BlackRock—and it turns out, it’s a family affair.
“BlackRock, the world’s largest investment manager, has become an increasingly influential Wall Street player in Washington, DC as a poster child of the revolving door between finance and politics,” according to Business Insider.
Biden is bringing in its top brass to run his administration… but the media haven’t covered the family connection: BlackRock’s think tank is run by Tom Donilon, a former Carter, Clinton, and Obama administration official.
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Tom Donilon’s also the brother of Michael Donilon, Biden’s chief political strategist during the 2020 presidential campaign.
Donilon, who was an NSA staffer for Obama, was said to be Biden’s choice to head the CIA, but Donilon hasn’t given the OK.
But he’s one of the only people in BlackRock who hasn’t snapped up jobs in the Biden administration.
Biden’s top economic adviser is a former BlackRock investment executive Brian Deese, who has been tapped by Biden to lead the National Economic Council.
Deese held an important place in Barack Obama’s White House, too. He oversaw the Obama administration’s bailout of the auto industry, when Obama tipped the scales in favor of his friends (and financiers) in the labor unions.
Deese also helped Obama’s Secretary of State John Kerry hammer out the disastrous Paris Climate Accords, which would force the United States to virtually shut down its entire economy by limiting its use of fossil fuels, while the world’s worst polluters—like China—get a free hand to replace us as the world’s leading superpower.
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Needless to say, Biden thinks he’s amazing.
“Brian is among the most tested and accomplished public servants in the country—a trusted voice I can count on to help us end the ongoing economic crisis, build a better economy that deals everybody in, and take on the existential threat of climate change in a way that creates good-paying American jobs,” Biden said.
Obama crony David Axelrod also said that “no one worked harder or more effectively to plan and execute the rescue of the American auto industry in the dark, early days of the Great Recession than Brian Deese.” “He was heroic,” Alexrod tweeted.
Anyone who’s a hero to the Obama administration is going to be a villain for Main Street America.
Deese isn’t the only one from the Biden campaign strategist’s family firm.
Other BlackRock officials, past or present, who are joining the Biden administration include Adewale “Wally” Adeyemo and longtime Democrat Larry Fink, who will be one of the most important leaders in the Treasury Department. And Michael Pyle is the top economic advisor to Vice President Kamala Harris.
Biden has said he’ll stand up to special interests, especially the wealthiest people in society. He always warned about turning government over to the super-rich. “You have to go to those people who have money,” Biden said. “And they always want something.”
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What do they want from Biden in the next four years—and how much will we end up paying for it?
Biden has already been a disaster for the American economy. Jobs have yet to meet expectations, inflation is exploding at the highest rate in 13 years, and gas prices keep rising, with no end in sight.
Meanwhile, BlackRock is making a killing.
The BlackRock arrangement will be good for the Biden and Donilon families—but it’s already bad news for ours.
Frank Holmes is a veteran journalist and an outspoken conservative that talks about the news that was in his weekly article, “On The Holmes Front.”