Sunday, September 29, 2019

Truest statement of the week

Let’s start with Hunter Biden. In April 2014, he became a director of Burisma, the largest natural-gas producer in Ukraine. He had no prior experience in the gas industry, nor with Ukrainian regulatory affairs, his ostensible purview at Burisma. He did have one priceless qualification: his unique position as the son of the vice president of the United States, newborn Ukraine’s most crucial ally. Weeks before Biden came on, Ukraine’s government had collapsed amid a popular revolution, giving its gas a newly strategic importance as an alternative to Russia’s, housed in a potentially democratic country. Hunter’s father was comfortably into his second term as vice president—and was a prospective future president himself.
There was already a template, in those days, for how insiders in a gas-rich kleptocracy could exploit such a crisis using Western “advisers” to facilitate and legitimize their plunder—and how those Westerners could profit handsomely from it. A dozen-plus years earlier, amid the collapse of the U.S.S.R. of which Ukraine was a part, a clutch of oligarchs rifled the crown jewels of a vast nation. We know some of their names, in some cases because of the work of Special Counsel Robert Mueller’s office: Oleg Deripaska, Viktor Vekselberg, Dmitry Rybolovlev, Leonard Blavatnik. That heist also was assisted by U.S. consultants, many of whom had posts at Harvard and at least one of whom was a protégé of future Treasury Secretary Larry Summers.
Burisma’s story is of that stripe. The company had been founded by Mykola Zlochevsky, who, as Yanukovych’s minister of ecology and natural resources, had overseen Ukraine’s fossil-fuel deposits. When Hunter Biden joined Burisma’s board, $23 million of Zlochevsky’s riches were being frozen by the British government in a corruption probe. Zlochevsky fled Ukraine. The younger Biden enlisted his law firm, Boies Schiller Flexner, to provide what The New Yorker describes as “advice on how to improve the company’s corporate governance.” Eventually, the asset freeze on Zlochevsky was lifted. Deripaska defeated U.S. sanctions with similar help from other high-profile Americans.
Recently, Hunter Biden told The New Yorker that “the decisions that I made were the right decisions for my family and for me” and suggested Trump was merely using him as the “tip of the spear” to undermine Joe Biden politically. There are no indications that Hunter’s activities swayed any decision his father made as vice president. Joe Biden did pressure Ukraine’s fledgling post-Yanukovych president to remove a public prosecutor—as part of concerted U.S. policy. So did every other Western government and dozens of Ukrainian and international pro-democracy activists. The problem was not that the prosecutor was too aggressive with corrupt businessman-politicians like Hunter Biden’s boss; it was that he was too lenient.
[. . .]
When allegations of ethical lapses or wrongdoing surface against people on one side of the aisle, they can always claim that someone on the other side has done far worse. But taken together, all of these examples have contributed to a toxic norm. Joe Biden is the man who, as a senator, walked out of a dinner with Afghan President Hamid Karzai. Biden was one of the most vocal champions of anticorruption efforts in the Obama administration. So when this same Biden takes his son with him to China aboard Air Force Two, and within days Hunter joins the board of an investment advisory firm with stakes in China, it does not matter what father and son discussed. Joe Biden has enabled this brand of practice, made it bipartisan orthodoxy. And the ethical standard in these cases—people’s basic understanding of right and wrong—becomes whatever federal law allows. Which is a lot.


-- Sarah Chayes, "Hunter Biden’s Perfectly Legal, Socially Acceptable Corruption" (THE ATLANTIC).


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