(PresidentialWire.com)- According to newly undisclosed e-mails, Hunter Biden’s Rosemont Seneca firm proposed asset-stripping the US Postal Service. The report coincides with Joe Biden’s desire to jettison the incumbent Postmaster General because of fears over possible electoral fraud with mail-in ballots.
Asset-stripping is the practice of taking over a company in financial difficulties and selling each of its assets separately at a profit without regard for its future.
Rosemont Seneca partner Neil Callahan said, “I still love this idea,” and then forwarded Hunter Biden an email that discussed the cannibalization of the United States Postal Service.
Rosemont Seneca is the controversial and tumultuous business run by the President’s son, which participated in energy deals with the Chinese Communist Party, Burisma in Ukraine, and Metabiota’s Biolabs, also in Ukraine.
A man named Amitava Mitra was the one who thought of the asset-stripping scheme.
Mitra’s idea came to him after talking to representatives from a New York-based investment firm called Evercore. In his email about the scheme, he mused about the USPS’s value in terms of the property they own. He speculated that the real estate in major cities could be worth $30 billion.
“…if you can find a reputable business to fund it… please let me know,” Mitra said.
Although the venture did not appear to lead anywhere, it might explain Biden’s current fixation with replacing Trump-era Postmaster General Louis DeJoy.
After being prodded by far-left members of Congress, Biden began filling the USPS board with political loyalists last year. Outgoing White House Press Secretary Jen Psaki criticized DeJoy last year without elaborating:
“We are, of course, deeply troubled, continue to be deeply troubled — as many Americans are — by the earlier reporting on Postmaster General DeJoy’s potential financial conflicts of interest and take serious issues with the job he’s doing running the Postal Service… It’s up to the board to make a determination about leadership, but we have continued concerns about the postmaster general’s leadership.”
The tone of the attack toward DeJoy is uncannily identical to Joe Biden’s actions in Ukraine in 2016. During a Council on Foreign Relations event, the former Vice President told a story where he used US aid to Ukraine to pressure a Ukrainian prosecutor to resign.
The prosecutor was purportedly investigating his son Hunter’s old firm, Burisma.
The USPS e-mail from Hunter Biden was sent shortly after the Postal Service and Evercore, an investment and consultancy business founded by former Clinton Treasury nominee Roger Altman, reached an agreement.
This revelation comes as corporate media outlets acknowledge the authenticity of Hunter Biden’s laptop and the e-mails contained inside.