JOURNALIST BEHIND "CLINTON CASH"
IS ON THE OBAMA MONEY TRAIL.
WE KNEW HE USED HIS EXECUTIVE
POWERS TO LOWER THE VALUES OF
CERTAIN COMPANIES AND TWO CLOSE
FAMILY FRIENDS SWOOPING IN AND
BUYING THE COMPANIES AT A
DISCOUNT.
AMONG THE BEEN FISHERIES,
BILLIONAIRE ACTIVIST TOM STEIER
AND GEORGE SOROS.
PETER SCHWEIZER JOINS US
TONIGHT.
CONGRATULATIONS ON THE BOOK.
THE NEW BOOK IS CALLED "SECRET
EMPOWERS:HOW THE AMERICAN
POLITICAL CAST HIDES CORRUPTION
AND ENRICHES FAMILY AND
FRIENDS."
IT'S AN EXCITING BOOK.
IT'S EXCITING TO SEE THE
REVELATIONS THAT FALL OUT OF THE
BOOK PAGE BY PAGE.
SECRET EMPIRES, SMASH AND GRAB.
THE PEOPLE BENEFITING FROM IT
UNDER THE OBAMA PASSIVITY SOME 8
YEARS IN DURATION.
AN AMAZING STORY.
>> IT'S THE NEW WAVE OF
CORRUPTION IN WASHINGTON, D.C.
WE REMEMBER CONGRESSMAN
JEFFERSON WHO HAD $90,000
STASHED IN HIS FREEZER.
THAT'S OLD SCHOOL.
THAT'S CHUMP CHANGE.
WE ARE TALKING IN SOME CASES
BILLION DOLLAR DEALS INVOLVING
POLITICIANS OR FAMILY MEMBERS
LIKE JOE BIDEN'S SON.
SMASH AND GRAB A PERFECT
EXAMPLE.
BARACK OBAMA'S BEST FRIEND,
MARTY NESBITT SETS UP A PRIVATE
EQUITY FUND AND HE INVESTS IN
WHAT HE CALLS HIGHLY REGULATED
INDUSTRIES.
SO TO GIVE YOU ONE BRIEF
EXAMPLE.
THE UNIVERSITY OF THE PHOENIX,
THE FOR-PROFIT SCHOOL.
BARACK OBAMA'S ADMINISTRATION
SAYS WE THINK THIS SKIES BAD.
WE'LL SUSPEND GI MONEY FROM
SOLDIERS GOING SCHOOL THERE.
GUESS WHO STEPS IN TO BUY IT.
BARACK OBAMA'S FRIEND, THEY BITE
FOR PENNIES ON THE DOLLAR.
THEN THE OBAMA ADMINISTRATION
SAYS WE THINK WE'LL LET GUILT
MONEY FLOW BACK TO THE
UNIVERSITY OF PHOENIX.
LOU: TO SEE THAT PATTERN EMERGE
HERE, MANY PEOPLE WERE AVERTING
THEIR EYES IN THE NATIONAL
LEFT-WING MEDIA.
BUT THE IDEA THAT BIND AND
KERRY'S SONS AND STEPSONS COULD
COME TOGETHER TO MAKE MONEY OFF
THE DADS' BUSINESS.
YOU YOU HAVE VICE PRESIDENT
BIDEN AND JOHN KERRY NEGOTIATING
WITH CHINA ON TRADE ISSUES AND
KOREA.
AT THIS TIME THE SONS OR IN ONE
CASE JOHN KERRY'S CLOSE AIDE ARE
INVOLVED IN BUSINESSES THAT
INVOLVE MULTI-BILLION DOLLAR
DEALS WITH THE CHINESE
GOVERNMENT.
ONE VERY EXTREME EXAMPLE, THE
013, JOE BIDEN FLIES OVER ON AIR
FORCE TWO TO CHINA.
WHO IS ON THE PLANE WITH HIM?
HIS SON.
HE NEGOTIATES WITH THE CHINESE.
10 DAYS LATER HIS SON HUNTER
SCORES A $1.5 BILLION PRIVATE
EQUITY DEAL FROM THE CHINESE
GOVERNMENT.
THESE ARE AMERICAN PRINCELINGS.
AND THERE ARE MULTIPLE EXAMPLES
IN THE BOOK.
LOU: CHINA IS BUILDING ALL THOSE
ARTIFICIAL ISLANDS.
IT'S NOT UNTIL PRESIDENT TRUMP
TAKES OFFICE THAT THEY ARE DOING