Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends

Peter Schweizer has been fighting corruption—and winning—for years. In Throw Them All Out, he exposed insider trading by members of Congress, leading to the passage of the STOCK Act. In Extortion, he uncovered how politicians use mafia-like tactics to enrich themselves. And in Clinton Cash, he revealed the Clintons’ massive money machine and sparked an FBI investigation.

Now he explains how a new corruption has taken hold, involving larger sums of money than ever before. Stuffing tens of thousands of dollars into a freezer has morphed into multibillion-dollar equity deals done in the dark corners of the world.

An American bank opening in China would be prohibited by US law from hiring a slew of family members of top Chinese politicians. However, a Chinese bank opening in America can hire anyone it wants. It can even invite the friends and families of American politicians to invest in can’t-lose deals.

President Donald Trump’s children have made front pages across the world for their dicey transactions. However, the media has barely looked into questionable deals made by those close to Barack Obama, Joe Biden, John Kerry, Mitch McConnell, and lesser-known politicians who have been in the game longer.

In many parts of the world, the children of powerful political figures go into business and profit handsomely, not necessarily because they are good at it, but because people want to curry favor with their influential parents. This is a relatively new phenomenon in the United States. But for relatives of some prominent political families, we may already be talking about hundreds of millions of dollars.

Deeply researched and packed with shocking revelations, Secret Empires identifies public servants who cannot be trusted and provides a path toward a more accountable government.

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It is always about power and its ability to generate wealth.

David DeGerolamo

    
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Exring
Exring
6 years ago

Not having read the entire article, I submit that, like mass and energy which can neither be created or destroyed, Money and Power are the same. If you have one, you have the other.

Exring
Exring
6 years ago

So, are you saying that the Mass and Energy analogy are not the same? Doesn’t it all depend on how the system is utilized. But, maybe, this discussion is all about how many “angels can dance on the head of a pin”.

Norseman N
Norseman N
6 years ago

We’re going to need a lot more rope.

Exring
Exring
6 years ago
Reply to  Norseman N

I could not agree more. The issue gets deeper and deeper with some of the trusted organizations drawn in (the FBI, e.g.). Nothing should surprise us about the CIA, even Truman realized the organization was untrustworthy (yet, we entrusted the information on the assassination of JFK to this “lie, cheat and steal” organization). So, yes, more rope.