President Joe Biden has come under fire after it was revealed that he had violated his own executive order and invested millions of dollars in several Chinese companies that he had previously banned for posing a national security risk. The president, who is known for his frequent gaffes and memory lapses, said that he was unaware of his own order and that he had made a mistake.
The scandal broke out when a whistleblower from the White House leaked a copy of Biden’s personal financial statement, which showed that he had bought shares in 15 Chinese firms, including Huawei, Xiaomi, and TikTok. These firms are among the 59 entities that Biden had blacklisted in June 2023, prohibiting US investors from buying or selling their securities. Biden had claimed that these firms were linked to China’s military and surveillance activities and that they threatened US interests and values.
According to the whistleblower, Biden had used a secret offshore account to make the transactions, bypassing the scrutiny of his advisers and regulators. The whistleblower said that Biden had acted on the advice of his son Hunter, who had business ties with China and who had convinced his father that investing in these firms was a lucrative opportunity.
However, the whistleblower said that Biden had forgotten about his own executive order and that he had unwittingly funded China’s military-industrial complex and its oppressive surveillance apparatus.
“He didn’t realize what he was doing,” the whistleblower said. “He didn’t remember signing the order or what it was about. He didn’t know that he was breaking the law and endangering national security. He was clueless.”
The revelation has sparked outrage and criticism from both sides of the political spectrum, who have accused Biden of hypocrisy, incompetence, and corruption. They have called for an investigation into his actions and demanded his resignation or impeachment.
“This is a disgraceful and shameful act by President Biden,” said Senator Ted Cruz, a Republican from Texas who is a vocal critic of China. “He has betrayed his oath of office and sold out our country to our greatest enemy. He has funded China’s military and spy network with our own money. He has endangered our security and our allies. He has proven himself to be unfit and unworthy to be president.”
“This is a serious and alarming mistake by President Biden,” said Senator Bernie Sanders, an independent from Vermont who is a progressive leader. “He has violated his own order and undermined his own policy. He has supported China’s human rights abuses and its aggression against its neighbors. He has contradicted his own values and principles. He has shown himself to be inconsistent and unreliable as a leader.”
Biden has apologized for his error and said that he would divest from the Chinese firms as soon as possible. He said that he had acted in good faith and that he had not intended to harm US interests or values.
“I’m sorry, I messed up,” Biden said. “I didn’t know what I was doing. I made a mistake. I’ll fix it.”
Biden said that he would review his order and make sure that he understood it fully. He also said that he would consult with his advisers and regulators before making any future investments.
“I’ll be more careful next time,” Biden said. “I’ll listen to my experts and follow the rules. I’ll do better.”
The Chinese government has not yet commented on the matter, but it is expected to mock Biden for his blunder and to use it as an example of US hypocrisy and weakness.