01/5/17

Gulftainer Scandal Connects Obama, the Clintons and the Media

By: Roger Aronoff | Accuracy in Media

In a recent column, I challenged the notion that the Obama administration has been scandal free. This has been the assertion, most recently, of Obama senior advisor Valerie Jarrett, in a softball interview with CNN’s Fareed Zakaria. The media have covered for the multiple scandals that have occurred right under their noses, and this is nothing less than willful blindness. It has applied to the Obama administration, the Clinton Foundation and recent presidential campaign, as well as going back to the Clinton administration. One largely overlooked scandal that ties together the Clintons, Barack Obama and the media’s willful blindness is the Gulftainer scandal.

This clear case of malfeasance comes at the expense of national security and American safety. As we reported in 2015, a United Arab Emirates subsidiary company, Gulftainer USA, was granted a lease “at the vital national security hub of Port Canaveral, Florida.” Now a recent Occasional Paper from the Center for Security Policy (CSP) shows that Gulftainer’s parent company, The Crescent Group, is connected to Iraq’s illicit nuclear program, and may have benefited from associations with the Obamas and Clintons. CSP has done an excellent job connecting these very disturbing dots.

Hamid Jafar is the founder and chairman of the Crescent group of companies, according to the Crescent Petroleum website. However, as Alan Jones and Mary Fanning write for the CSP, Hamid Jafar “is the brother and the business partner of Dr. Jafar Dhia Jafar—the Baghdad-born nuclear physicist who masterminded Saddam Hussein’s nuclear weapons program.”

In other words, the company has links to terror. Jones and Fanning write that David Kay, a “U.N. weapons inspector in Iraq from 1991–1992” who returned to Iraq after 2003, says that Dr. Jafar told him, “You can bomb our buildings. You can destroy our technology. But you cannot take it [nuclear technology] out of our heads. We now have the capability.”

Dr. Jafar is currently CEO of Crescent’s URUK Engineering & Contracting subsidiary, although his brother claimed for years that he had “no business relationship” with Dr. Jafar, according to Jones and Fanning.

These are the business ties of a company in charge of shipping containers out of a port with close proximity to an Air Force base, a submarine base, and NASA’s Kennedy Space Center. Yet despite the risks, the mainstream media continue to look the other way on the Gulftainer scandal.

The most recent news article on Gulftainer that I found is from October 2016, and as a local news article it largely discusses the business potential in the port, and notes that Gulftainer USA is “looking at growth opportunities in the northeastern United States and the Oakland, California, area.”

Will this terror-tied shipping company soon be coming to a port near you?

Jones and Fanning also reveal that Obama has ties to this port deal through his college friends.

Abraaj Capital, through The Abraaj Group, is one of Crescent Enterprises’ “private equity holdings,” report Jones and Fanning. “Wahid Hamid, who attended Occidental College in Los Angeles as a wealthy Pakistani foreign student, was one of Barack Obama’s college roommates, and became one of Obama’s lifelong friends, is a Partner at The Abraaj Group,” they write. “Abraaj’s Senior Partner Wahid Hamid of Pakistan, Mohammed Hasan Chandoo of Pakistan, and Vinai Thummalapally of India were all college roommates of Barack Obama, were all 2008 campaign bundlers for Barack Obama (each bringing in $100,000 to $200,000), and all attended Barack Obama and Michelle Robinson’s 1992 wedding.”

Thummalapally attended the 2015 grand opening of Gulftainer’s terminal at Port Canaveral, they write.

The Clintons have also benefited from their relationship with the UAE company and its leaders. Crescent Group executive Majid Jafar, Dr. Jafar’s nephew, co-chairs the “Business Backs Education” campaign with Bill Clinton. “The campaign is funded by the Varkey GEMS Foundation that paid Bill Clinton $5.6 million to serve as ‘Honorary Chairman’ and that helped raise $70 billion in commitments for the Clinton Global Initiative,” write Jones and Fanning. Abraaj Capital held a 25 percent stake in GEMS Education while Bill Clinton received money from that entity, they write.

We have already detailed the conflicts of interest that the Clintons faced while Bill Clinton was earning $16 million from Laureate Education as its Honorary Chancellor. We wrote that Secretary Clinton’s State Department made sure that over $55 million in “American taxpayer dollars flowed out of Hillary Clinton’s State Department to a non-profit run by Laureate CEO Douglas Becker.” Gulftainer is just another example of the potential for corrupt pay for play that has saturated the Clintons’ many dealings.

It turns out that, according to Jones and Fanning, even the man who oversaw the secret negotiations to bring Gulftainer to Port Canaveral is connected to the Clintons. “One of [Port Canaveral CEO John E.] Walsh’s Watersmark business partners is Miguel Lausell, a senior adviser to Hillary Clinton’s 2008 presidential campaign who contributed $1 million to the Clinton Library and is a member of the Clinton Global Initiative,” write Jones and Fanning. “Walsh’s other Watersmark business partners include representatives of the Saudi and UAE royal families and of the UAE government.”

The Gulftainer USA deal was signed in 2014, the same year that the UAE was a first-time donor to the Clinton Foundation.

Gulftainer USA’s presence at Port Canaveral, Florida, remains a threat to the military assets and other national security targets within and near to that port. Yet, “Secretary [Jack] Lew bypassed the mandated Office of the Director of National Intelligence (ODNI) ‘National Security Threat Analysis,’ which should have been overseen by Director James R. Clapper,” write Jones and Fanning. “The National Security Threat Analysis is supposed to be ordered by and delivered to the Treasury Secretary, who is also the designated chairperson of the Committee on Foreign Investment in the United States (CFIUS).”

“Did the Clintons’ contacts help to seal the deal?” we asked about this contract in 2015. “Given the Clintons’ scandal-filled history the media might want to at least look into this one.”

Gulftainer was granted its lease without a national security review because it was not purchasing part of the port. Instead, it was leasing it—for 35 years. But it is clear that in this case the Obama administration looked the other way on a potential national security nightmare.

That the media refuse to cover this ongoing Obama and Clinton scandal is a profound dereliction of their journalistic duty to investigate issues of America’s national interest, and an additional blatant attempt to shield President Obama from criticism. The media have an obligation to cover ongoing threats to our national security, no matter who is responsible for them.


Roger Aronoff is the Editor of Accuracy in Media, and a member of the Citizens’ Commission on Benghazi. He can be contacted at [email protected]. View the complete archives from Roger Aronoff.

05/28/15

The Ironic Tie Between Elizabeth Warren’s Hypocritical Home Flipping and Mitt Romney

By: Benjamin Weingarten
TheBlaze

Massachusetts political roots aside, you might think that the comparison of Democratic Sen. Elizabeth Warren and former governor and failed Republican presidential candidate Mitt Romney is absurd.

Warren, the progressive populist who in both rhetoric and regulation has sought to shackle “predatory” financial institutions as a means of supposedly protecting “the little guy,” and Romney, the patrician and wealthy denizen of the financial establishment of 47 percent infamy, would appear to be polar opposites.


Elizabeth Warren delivers her famous “You didn’t build that” speech.
(Image Source: YouTube screengrab)

But alas, as is so often is the case in politics, Warren’s public face is contradicted by her private actions – actions that we will soon see are similar in nature to those that made Romney a millionaire.

Warren, like Romney, profited by buying assets at low prices and through either improving said assets or waiting for the market to strengthen, selling them at higher prices.

As Jillian Kay Melchior and Eliana Johnson lay out in a recent National Review exposé, Warren “bought and sold at least five [residential] properties for profit,” generating at least $240,500 before accounting for remodeling costs.

Several of the homes Warren purchased and then flipped had been foreclosed upon.

The focus of the piece is the rank hypocrisy that Warren would execute such profit-seeking transactions, given that she has called the idea of buying and selling properties quickly for profit a “myth” that contributed to our economic woes, and decried the banks that foreclosed on the homes of working class Americans.

Rightfully, the column closes with the following flourish:

In her 2014 autobiography, Warren wrote of the events that precipitated the financial crisis that “everyone seemed to have a story about someone they knew who was getting rich by flipping houses.”

She omitted a crucial one.

But it ought to be pointed out that not only were Warren’s actions counter to her stated principles – they mimicked those of the private equity companies and other financial institutions that she has spent her entire public life railing against.

What private equity professionals like Mitt Romney, and investors in general seek to do is “buy low and sell high.”

Firms like Romney’s Bain Capital scour the market for businesses they believe are undervalued and/or have significant growth potential. They seek to buy these businesses at a low price, and grow them while making them more profitable and efficient by cutting costs, closing non-core operations while strengthening core ones and implementing new and improved strategies and practices to better their business models.


Justin Sullivan/Getty Images

By improving the companies in which they invest, the end goal is to sell them for many times the price at which they were bought.

What Romney did at the macro level in investing in businesses worth hundreds of millions or billions of dollars, Warren did at the micro level in investing in homes worth thousands or hundreds of thousands of dollars.

The difference however is that Romney’s investing in many cases led to the creation of ever-better goods and services at ever-lower prices, with the benefits accruing to not only Romney, Bain’s investors, and the employees of the strengthened companies, but all consumers – that is, you and me.

Certainly Warren’s investments in home remodeling may have created work for construction companies and home suppliers, but those benefits pale in size and scope to the benefits to the public of successful private equity investments.

Too, many progressives are queasy about the idea of gentrification, which they argue prices poorer people out of their neighborhoods, replacing them with the more “privileged,” all supposedly to the detriment of the character of said communities. Warren supported this process by improving several of the homes she purchased that had been in disrepair, and selling them at a significant premium.

No one should begrudge Elizabeth Warren for her apparent investing acumen.

And one suspects that no one on the left will begrudge her for her home-flipping hypocrisy, given that the truly ill-gotten riches of the Clintons who partnered with all manner of tinpot dictators and civil rights squelchers do not seem to offend the left’s sensibilities.

But all should recognize that the very business for which Romney was castigated by large swaths of the public is in essence the same business in which Warren was an active participant, only at a smaller scale and with far more modest benefits.

This is not an indictment, but a compliment, even if Warren herself would not like to hear it.

More broadly, we should be celebrating those who create wealth, and crucifying those who destroy it — namely government bureaucrats whose resources only exist because they bilk the individuals and businesses that did build that.

05/26/15

AMERICA IN CRISIS – Public Q&A with Panel of Experts

Tuesday, May 26, 8-10pm EST

SPECIAL GUEST HOST EPISODE of Uncommon Knowledge!

Guests from the Coalition of Concerned Citizens will discuss and address questions on many of the most burning political and national security topics of the day, including:

  • The Clintons’ long history with the international terrorist group The Muslim Brotherhood.
  • Our broken immigration system, both legal and illegal, and some basic steps that can be taken to fix it.
  • The federal takeover of local and state police.
  • Continuing crisis of American inner cities and the Obama’s fanning of racial flames.

The panel of experts will be there to take your calls on these topics and more!

The program will be hosted by Denise Simon, Senior Research/Intelligence Analyst for Foreign and Domestic Policy for Stand Up America US as well as the aide de camp for MAJOR GENERAL PAUL E. VALLELY, US ARMY (ret).

Panelists include:

Mary Fanning a co-founder of the Coalition of Concerned Citizens and The American Report.

Terresa Monroe-Hamilton is a Constitutional Conservative. She owns and blogs at NoisyRoom.net, is the Editor of TrevorLoudon.com and is a researcher at KeyWiki.org. Terresa specializes in national security, constitutional and communist issues, and writes for multiple outlets. She owns Monroe Virtual Services.

Wallace Bruschweiler, active with intelligence and counter-terrorism on four continents for three decades. He is fluent in four languages,and an expert on national security issues with over 30 years experience operating in Europe, Middle East and North Africa.

William Palumbo, founder of the Coalition of Concerned Citizens, a group of retired military, law enforcement, analysts and journalists who are focused on exposing the Muslim Brotherhood in the United States.

We get underway at 8 pm EST. The call-in number is 714-888-7404. The link to listen:
http://prnradionetwork.homestead.com/SHOW-PAGE.html