Five of Donald Trump’s key advisers are linked to an attempt to buy Hillary Clinton’s missing State Department e-mails from a hacking broker on the dark web. 

For more than 40 years, Peter W. Smith was a fixture among Chicago’s elite. He was at once a high-flying private equity banker and a trusted Republican operative. “When Peter W. Smith talks, Newt Gingrich listens,” a 1995 article from Crain’s said about him. As Gingrich climbed the ranks of the Republican Party in the 90’s, Smith became his “No. 1 financial backer … and one of the top 20 contributors nationwide.”

Peter Smith’s connected life in business and Republican circles ended on May 14 when he died. Smith was 81 but the circumstances surrounding his death are shrouded in mystery. An obituary posted in the Chicago Tribune, lauded Smith’s work as a tycoon and Republican operative but it did not list a cause of death.

“I should say we do not know how he died,” says the Wall Street Journal’s Shane Harris.  “We made multiple attempts, both with family members and with associates of his, as well as government officials in the town where he lived, to try to determine his cause of death, and we were unsuccessful,” Harris told MSNBC.

The Wall Street Journal reporter had good reason to be inquiring about Peter W. Smith’s death. Just ten days before the 81-year-old private equity banker’s demise, he called up Shane at the Wall Street Journal and confirmed a story the reporter had been chasing.  Smith revealed he had mounted  an “independent” campaign to find the 30,000 missing e-mails from Hillary Clinton’s private server she used while Secretary of State. Smith was convinced the e-mails were out there, theorizing Russian hackers could have them.

Smith’s efforts to find the missing Clinton e-mails date back to last Summer, just a few weeks after the Washington Post revealed the hack of the Democratic Party servers was the act of a Kremlin-linked hacker. The operation launch also coincided with Donald Trump’s public request for Russian help in finding the documents. “Russia, if you’re listening, I hope you’re able to find the 30,000 e-mails that are missing,” Trump said.  “I think you will probably be rewarded mightily by our press.”

Peter W. Smith began assembling a team to work on the e-mail project.

As Matt Tait, a UK-based cyber security expert and former British spy, tells it, Smith contacted him “out of the blue”. He introduced himself as a Republican Party operative. “He mentioned that he had been contacted by someone on the “dark web” who claimed to have a copy of e-mails from Secretary Clinton’s private server, he wanted me to help validate whether or not the emails were genuine,” says Tait.

The U.K. based cyber security expert agreed to help verify the e-mails, theorizing the dark web contact was either a Russian cut-out (espionage speak for an arm’s-length agent of a nation-state), or a fraudster trying to “dupe Smith out of his money.”  Smith denied he intended to pay for the e-mails in his interview with the Wall Street Journal.

Tait stayed in contact with Smith in the following months but never did see the e-mails. He notes Smith regularly boasted of his links to the Trump campaign, particularly Lt-Gen Michael Flynn. Flynn briefly served as Trump’s National Security Adviser before a Justice department investigation found him to be compromised by the Kremlin. Before his death, Smith denied Flynn was involved in the operation but several e-mails obtained by the Wall Street Journal, suggest Smith was acting as a conduit for Flynn.

According to Tait, and others involved in the operation, Smith sent out a document on Labor Day last year, listing four groups involved in the e-mail scheme. Among them was a group labeled “Trump Campaign” which included a who’s who of Trump’s inner circle: Steve Bannon, Kellyanne Conway, Sam Clovis, Lt. Gen. Flynn and Lisa Nelson.

The Trump administration says it wasn’t involved with Smith’s scheme but isn’t denying the operation existed.  “If Mr. Flynn coordinated with him in any way, it would have been in his capacity as a private individual,” a spokesman told the Wall Street Journal. Flynn is widely believed to be co-operating with the FBI investigation so pinning the entire thing on him comes at little cost to the administration. But what about the other four Trump advisers listed in Smith’s document? How deep was their involvement? That may be a secret Smith has taken to his grave.

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Opinion: Democrats could retake the White House in next year’s mid-term elections and Joe Biden could become the next President. 

In the heat of the 2012 Presidential election campaign, senior White House chief political strategist David Axelrod approached his boss, then President Barack Obama, with a sobering message.  Democratic enthusiasm for Obama had begun to wane. Axelrod offered a suggestion to turn the tide. The President needed to call in former President Bill Clinton to reinforce his re-election campaign effort.

To be clear, there is no love lost between the two former presidents. “Bill Clinton’s animosity toward Obama is legendary.” The New York Post reported in June 2013. Just a year earlier, Clinton was urging his wife to oppose Obama’s re-election. Hillary deferred, citing loyalty, but her husband was offended by what he perceived was Obama’s slight against him. According to sources quoted in Edward Klein’s book “The Amateur: Barack Obama in the White House”, Clinton fumed:

“I’ve heard more from Bush, asking for my advice, than I’ve heard from Obama. I have no relationship with the president — none whatsoever. Obama doesn’t know how to be president. He doesn’t know how the world works. He’s incompetent. He’s an amateur!”- Bill Clinton, as quoted in “The Amateur”

As the 2012 campaign took its toll on Obama’s approval ratings (mainly due to the IRS scandal and, ironically, Hillary’s Benghazi and e-mail scandal), Obama was left no choice but to reach out to Bill. Clinton proposed a deal.

Clinton agreed to give the nominating address at the Convention. In exchange, he demanded Obama endorse Hillary Clinton as his successor. Bill held up his side of the agreement stumping on Obama’s behalf on the campaign trail and giving a rousing speech at the convention. Obama was re-elected but once back at the White House, he began to have second thoughts, sending signals he preferred to stay neutral in the next election, as is tradition with sitting Presidents.

When word of this reached Bill Clinton, he insisted Obama go on 60 Minutes with Secretary Clinton, to publicly affirm his support for Hillary. The result was a hastily organized and somewhat uncomfortable interview with Hillary and Obama on CBS’s 60 Minutes.

What made Obama’s deal with Bill Clinton personally heartbreaking for the sitting President, was it meant his Vice President and good friend, Joseph Biden, would have to go it alone in the 2016 election, should he run. After all, Vice Presidents Gore, Bush and Mondale all secured their party’s nomination after serving as deputies to successful sitting presidents.

Biden briefly toyed with a 2016 run against Hillary, but the death of his son, Beau, wore heavily on him, emotionally and financially.  At one point, he told President Obama that he and Jill would have to sell their home, to care for Beau’s family. As Biden recalls it, “[Obama] said, ‘I’ll give you the money. Whatever you need, I’ll give you the money. Don’t, Joe — promise me. Promise me.’ I said, ‘I don’t think we’re going to have to anyway.’ He said, ‘promise me'”.

Biden enjoys a close relationship with Hillary and was acutely aware of the historic potential for a first female President. Since Clinton’s loss to Trump in November last year, Biden has been frank in his assessment of her Presidential campaign. “You didn’t hear a word about that husband and wife working, making 100,000 bucks a year, two kids, struggling and scared to death. They used to be our constituency,” Biden told the LA Times. “I don’t think she ever really figured it out, and by the way, I think it was really hard for her to decide to run,” the former VP says.

Instead of launching his own Presidential run, Biden campaigned tirelessly for his friend, Hillary Clinton, appearing at no less than 83 campaign events, all while mourning the loss of Beau.

Last week, Biden announced he’s launching a Political Action Committee as a way to ‘stay involved’ in politics, but many are speculating the move will lead to a Presidential run in 2020. There is a scenario, which could see Biden in the White House two years earlier. The following is my opinion and is based solely on what is publicly known about the investigation of the Trump-Russia affair.

As I’ve previously explained, in my post on the seriousness of the investigation into Donald Trump’s involvement with Russia, impeachment would be the likely course of events in more ordinary times. These, however, are not ordinary times. Far from it.

Even after FBI Director James Comey lays out the case for obstruction of justice against Trump before senate committee on Thursday this week, Republicans are unlikely to launch impeachment proceedings. This is based on political expediency but also because it’s now suspected House Speaker Paul Ryan (R-Wis) and Senate Majority Leader Mitch McConnell (R-KY) both accepted Russian money for the their part’s 2016 election season. (I wrote about it in my post “What America Needs Now”.) They are not only beholden to Trump, but they may be owned by Russian President Vladimir Putin and very possibly complicit in the entire affair.

This could mean voters have to wait until the 2018 mid-term elections to exercise their vote in opposition to Donald J. Trump. In so doing, they will also have a chance to elect the next President of the US. If Democrats win the house (which would mean flipping 22 Republican house seats) and launch impeachment proceedings, they could put a new President in the White House before 2020.

Should Joe Biden run for one of those House seats and win, he could become the House Speaker. The House could then impeach President Donald J. Trump and Vice President Michael Pence, paving the way for Biden to become the 46th President of the United States. Biden will be 74 on mid-term Election Day in November 2018 and 75 when the new Congress takes office in January 2019. The next presidential election will still happen in November 2020.

Obvioulsy, this scenario holds for whomever is House Speaker in the event of a Democratic win. Hillary Clinton and even Barack Obama could run for the House (the U.S. Constitution doesn’t allow for a President to be elected for a third term, but it doesn’t prohibit a third term, through succession) but Clinton and Obama would both receive serious opposition from the Trump base, at a time of considerable division in the country. Biden’s blue collar appeal, hopeful vision, impeccable credentials and no ties to a corruptable money machine will appeal across the board as the man to lead America out of the gloom in which we find ourselves. “Joe always says, ‘If you’re not on your way up, you’re on your way down,” the New York Times quoted someone close to Biden as saying in 2013. Sometimes, you’re down so much, the only way to go is back up.

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Jared Kushner and his father-in-law, President Donald J. Trump, have more connecting them than Ivanka Trump. 

On April 19 last year, Donald J. Trump was taking a victory lap after winning the Republican Party nomination. In his speech, he mentioned by name a number of bold-named businessmen who were there to hear him crow. Carl Icahn, Howard Lorber and Steven Roth, the CEO of Vornado Trust.

“The great Steven Roth,” Trump extolled. “Steve’s building a big building on Central Park South, it’s a tremendous success.”

“I said, ‘Steve, congratulations on the building,'” The newly-minted Republican presidential nominee said.

“He said, ‘Donald, it’s nothing compared to what’s happening with you.’ Is that right? My man!”

Trump and Roth have been friends (and sometimes business foes) for over 30 years.  They jointly own the 1290 Sixth Avenue office tower. Trump and Roth became business partners after Trump threatened to sue his former partners for trying to sell it to another party without his permission. 1290 Sixth Avenue became the second largest in Vornado’s portfolio but by no means the only marquee property in Roth’s sprawling Manhattan empire.

One other is 666 Fifth Avenue, which Roth’s Vornado Trust co-owns with Jared Kushner’s family. Jared made news in Manhattan’s real estate circles when he purchased the trophy building for $1.8 billion, using mostly borrowed money. By all accounts, Kushner overpaid for the building by paying twice as much per-square-foot than any other Manhattan building sale before it, according to the New York Post. Tellingly, the deal closed on Jared’s 26th birthday, Jan. 10, 2007.

It was an expensive birthday gift by any measure but for the young real estate scion it represented a giant statement to Manhattan. Two years earlier, his father, Charles Kushner, was imprisoned for 14 months after pleading guilty for tax evasion charges and for making illegal campaign contributions. Before exiting prison, Charles turned over his holdings to his eldest son to manage a business free of an ex-convict CEO. Jared was just 25. If his father’s prison sentence wasn’t enough for the young heir to handle, the circumstances that led to it, tore the Kushner clan apart.

Before being charged in 2005, Charles Kushner heard his brother-in-law was talking to investigators about his misdeeds. To gain leverage over him, Kushner paid a “very attractive, high-end call girl $10,000 to lure his brother-in-law to a Bridgewater, NJ, motel after she pretended to need a ride when her car broke down,” according to the Post. Jared’s father had the whole motel encounter taped and sent it to his sister, Esther. She turned the tape into the feds. Classic kompromat.

Now it seems, Kushner family history could be repeating itself. Investigators want to know if Jared has kompromat all of his own. Only this time, the disparaging evidence is financial in nature and it’s the Russians who could be holding it over him.

666 Fifth Avenue, The trophy building Jared bought for $1.8 Bn in 2007 has proved to be a financial noose around him and the family. By 2008, the building was generating just 70 cents on every dollar it owed.  Under pressure, Jared was forced to sell the pricey store space for $525 million to a partnership in 2008 and a 49 percent stake in the office portion to Stephen Ross’ Vornado in 2011. Yes, Jared Kushner and Donald Trump share more than wife and daughter, they share a business partner. A $1.2 Bn mortgage on Jared’s trophy building is due in just two years which unpaid, could destroy the family fortune.

Congressional investigators and the FBI are now probing a secret meeting Jared had with Vladimir Putin’s banker at Trump Tower in New York in December last year. The White House and the Russian bank have offered conflicting explanations for the meeting between Kushner and Sergei Gorkov.

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The Republican Party is imploding. Young Republicans are fleeing and President Donald J. Trump’s support is eroding as quickly as you can spell ‘Russia’. 

On the eve of Montana’s special election to elect a new congressman, Republican front-runner Greg Gianforte body-slammed Guardian reporter Ben Jacobs. Gianforte’s attack was in response to Jacobs’ question about a health care bill which threatens to rob many in the party’s base of affordable health coverage. The brutality of the assault, and subsequent lie about what happened, is a canary in the coal mine for a Republican Party falling apart, devoid of values and wholly owned by Russian autocrats.

“I’m sick and tired of you guys,” Gianforte yelled as he body-slammed Jacobs. “The last guy who came here did the same thing. Get the hell out of here. Get the hell out of here. The last guy did the same thing. Are you with the Guardian?”

All that for asking a question. Almost unnoticed in the scuffle, is evidence the Guardian Newspaper dug up about Gianforte’s investments in two Russian Index Funds which invest heavily in sanctioned Russian companies.

Both are indexed to the Russian equities market and have significant holdings in companies such as Gazprom and Rosneft that came under US sanctions in the aftermath of the Russian invasion of the Crimea.

Gianforte is an independently wealthy tech entrepreneur (he’s estimated worth is $315M) but his investment in the Index funds is a clear bet on Russia’s economy. Why would he do that unless he believed Russian sanctions would be lifted?

Gianforte may be a canary, but he is not alone. The rot inside the Republican rank and file runs deep, is well-funded and operates with unparalleled sophistication in coordination with its Russian overlords. Together, ‘Russia-GOP’ prey on people’s fears and keep opponent supporters at home, by peddling fake news micro-targeted to people’s Facebook and other social media accounts.

Take Cambridge Analytica, the murky “psychographic” marketing company which figures out your personality profile and targets your fears by amplifying them with conflated or blatantly false content. The company is thought to be responsible for the unexpected ‘Brexit’ vote in the UK, the inexplicable campaign of Ben Carson, the bizarre rise of Ted Cruz and of course, the election of Donald Trump.

According to Newsweek,  The company is principally owned by Robert Mercer, a hedge fund billionaire who supported Trump and was a leading investor in Breitbart.  Stephen Bannon, Trump’s campaign chairman (after Manafort) and now chief strategist at the White House, was the vice president of Cambridge Analytica’s board as well as the executive chairman of Breitbart before joining Trump’s team in August.

Investigators want to know how Cambridge Analytica is linked to Russia’s unprecedented cyber operation to manipulate the election, according to Time.

It’s common knowledge, Robert Mercer backed Cruz in the Republican primaries but when that campaign couldn’t seal the deal, Mercer swung towards Trump, deploying Cambridge Analytica on behalf of number 45. It’s also believed Mercer’s daughter, Bekah, was instrumental in installing National Security Advisor Michael Flynn and Attorney General Jeff Sessions in the Trump cabinet. According to the Washington Post, Flynn returned the favor by granting Cambridge Analytica’s parent company a lucrative contract, during his 18 day tenure as National Security Advisor.

I’ve already reported that Flynn, Sessions, former Trump campaign manager Paul Manafort, Trump senior adviser and son-in-law Jared Kushner and Carter Page were all involved in a secret meetings with Ambassador Sergey Kislyak last Summer, in an effort to soften the party’s plank on Ukraine and who-knows-what-else. The photo below reportedly snapped minutes after one Trump-Russia meeting shows Kislyak, Manafort and Sessions returning from one of their sideline meetings.

Intelligence Community leaks now suggest there are intercepted recordings of House Speaker Paul Ryan (R-Wis) accepting Russian money from Kislyak during the Republican convention. And now it’s emerged Senate Majority Leader Mitch McConnell’s (R-KY) super-PAC accepted $2.5 Million from a pro-Putin Ukrainian businessman during the last election cycle (images below). The Republican Party has, in essence, become a money-laundering operation for Russia’s murderous regime and its oligarchs.

It’s almost hard to believe the Republican Party, which was founded by anti-slavery activists built on the principles of the revolution and which gave the country Abraham Lincoln has been so thoroughly defiled by this extent of corruption. The future of the Republic – and democracy – requires a strong GOP founded on the values it holds dear. Voters – especially poor white ones – across the country have been betrayed by their leadership.

At the same time, Citizens United needs to be overturned. The Supreme Court decision to label corporations as citizens has corrupted our politics top to bottom, left and right. If Republicans are true patriots, and have any chance of survival, they will fight to return power to its citizenry.  And if any unccorupted Republicans still exist, when will they stand up to their leaders and root out the disease which is eating its way through their party? What America needs now, more than ever, is a rebirth of the Grand Old Party – the party of Lincoln – flushed of its corruption and ready to serve the people. If the politicians can’t do it, the people will.

The post What America Needs Now More Than Ever appeared first on Narativ.

How Vladimir Putin’s ‘Kremlin, Inc.’ is pulling the levers of power in the next White House and why President-elect Donald J. Trump doesn’t mind.

To understand the relationship, we need to understand how Putin rules. The Russian President controls his country through his party, the congress (Duma) and the liberal civil service which oversee the day-to-day operation of the government. He also wields power through a handful of Russian billionaires, commonly referred to as “the oligarchs” or as one Russian magazine calls them, “Kremlin, Inc.” As a unit, they represent one fifth of Russia’s annual economic output.

Putin inherited the oligarch system from his predecessor, Boris Yeltsin. Under Putin, the faces have changed and power has been consolidated but its vast control over all of Russia’s key industries remains. He is the undisputed Chairman who blesses any deal made by the oligarchs and retains the right to hire and fire any oligarch at any time.

The Russian President meets with his heads of business often, either at regular evening parties at his dacha in Barvikha, West of Moscow, or at his Black Sea home, near Sochi. While Putin still controls the day to day operations of the government, he largely exerts power through the oligarchs, often using the companies as foreign policy instruments of power, as he did with Gazprom in the Ukraine.

Trump’s Secretary of State appointee and outgoing ExxonMobil CEO, Rex Tillerson’s relationship with Putin goes back almost two decades. Tillerson has been jockeying for power in Putin’s inner circle since. His break came in 2012, in an apparent coup of Russia’s oil industry co-ordinated with Putin’s Energy Tsar and ally, Sergei Sechin.

At the time, Russia’s oil output was controlled by two entities, state-controlled Rosneft and privately-held TNK-BP (a joint-venture between British Petroleum and a group of oligarchs led by Mikhael Fridman).

At this point, it may be useful to give you a bit of history on Mikhael Fridman. Forbes ranks him as Russia’s second richest man, valued at more than $15.3 Bn dollars. In the years following the demise of the USSR, he went from owning a window washing company to purchasing a biscuit factory and then, with his friends, launched Alfa Bank. He recruited Pyotr Aven, a Russian insider who back in the 90’s was able to help Vladimir Putin avoid corruption charges in the St. Petersburg government. Fridman climbed the ranks and was an undisputed oligarch at “Kremlin, Inc.”

As the U.S. District Court for the District of Columbia once ruled, after considering a libel suit filed by the bankers, “Aven and Fridman have assumed an unforeseen level of prominence and influence in the economic and political affairs of their nation.”

Fridman was at once a Moscow insider and a thorn in Putin’s side. As TNK-BP was unraveling, Fridman and his partner began to lose influence at “Kremlin, Inc.” One former Alfa Bank employee recalled a ceremony a decade ago at which Putin awarded Aven a government honor. In typical Putin style, he couldn’t resist a wry remark as he presented the award.

Putin: “Remind me, why am I giving this to you?”
Aven: “Because I haven’t done anything you can put me in jail for.”
Putin: “No, not yet.”

In 2012, Fridman resigned as TNK-BP’s CEO, after falling out with his British partners and Putin. BP began looking elsewhere for access to the Russian market, and found it in a deal with state-controlled Rosneft to develop the prized Arctic resources in Russia – but Fridman blocked the deal.

Enter ExxonMobil Chief Executive and now Secretary of State appointee, Rex Tillerson. He threw Exxon’s weight into the Arctic deal and won it in exchange for Rosneft’s access to energy projects in the US and globally. For his work, Tillerson was awarded the Order of Friendship by Putin – one of Russia’s highest honors. He was now firmly entrenched in Putin’s oligarch circle of power at “Kremlin Inc.” Fridman was on his way out.

Mr Putin – who presided over the deal signing at his Black Sea resort – called it one of the most important deals involving Russia and the US, potentially valued at $500 Bn. The deal was subsequently killed by President Obama’s sanctions in response to Russia’s invasion of Crimea and Ukraine. As many have noted, the lifting of Russian sanctions will not only stand to enrich Exxon, it also gives Russia a substantial stake in the global oil market including, in the US.

In 2013, Rosneft consolidated its hold over the Russian oil industry. They bought out the oligarch’s share of TNK-BP for $27BN in a $55 Bn cash and stock deal, again presided over by Vladimir Putin – this time at his mansion outside Moscow. The deal made the state-run company one of the world’s largest producer of oil.

After the collapse of TNK-BP, Fridman and his co-horts left Russia, distancing themselves from Putin and have been left largely unaffected by US sanctions. In October, Slate magazine published an article citing well-regarded cyber-security sources who uncovered what they say is an unusual regular server connection between Alfa Bank and Trump Towers.

Which brings us to Carter Page – President-Elect Donald J. Trump’s now ex-foreign affairs advisor and point-man on all things Moscow. While fashioning himself as a foreign affairs analyst, his roots are as an investment advisor with a mixed track record in Russia.

In March, Trump listed Page as one of his top foreign affairs advisers when he spoke to the Washington Post Editorial Board but by July, Trump’s team was at pains to point out that he is not a representative of the campaign.

Page may no longer represent Trump, but he remains an advisor to sanctions-targeted Gazprom, run by another of Putin’s oligarchs, Alexey Miller.  Gazprom, is the crown jewel of Putin’s resource companies at “Kremlin, Inc.” The gas corporation has been heavily affected by US sanctions, yet Page has been involved in some of its biggest deals – including the development of The Sakhalin Oil And Gas Field. Gazprom’s former deputy CFO is now an official adviser to Page’s firm, Global Energy Capital LLC.

Gazprom is more than just a gas company, it is a Russian instrument of foreign policy and power. It was Gazprom that shut off gas to its biggest and most lucrative customers during the military incursion into Crimea. The company maintains a private army, employs a half million people and runs entire cities around Russia. Gazprom’s Alexey Miller has also hosted Secretary of State appointee Rex Tillerson in public forums.

Putin’s spokesman Dmitry Peskov says, “although Gazprom is an international corporation, the largest shareholder is the Russian state. There is nothing strange in the fact that the relationship between the government and Gazprom is really very close.”  In, 2001, Gazprom, led a forceful takeover of NTV, a popular television channel that was openly critical of the government.

In July this year, Carter Page – still acting as a Trump adviser – met with Rosneft CEO Igor Sechin, and Igor Diveykin, a high–ranking Russian intelligence official.

The meeting alarmed Washington’s intelligence community and outgoing Democratic Senator Harry Reid, who scribed a letter to FBI Director James Comey asking, “whether a Trump advisor who has been highly critical of U.S. and European economic sanctions on Russia, and who has conflicts of interest due to investments in Russian energy conglomerate Gazprom, met with high-ranking sanctioned individuals while in Moscow in July of 2016, well after Trump became the presumptive Republican nominee?”

Page has denied the meeting took place calling the accusations, “absolute garbage” but regardless of whether the meeting took place or not, Trump’s advisor has been very vocal about President Obama’s policy of exporting American values.

Page recently told the New Economic School in Moscow, “Washington and other Western capitals have impeded potential progress through their often hypocritical focus on ideas such as democratization, inequality, corruption, and regime change.”

In February 2015, Page described the West as “football team bullies” citing “condescending mistreatment” of Russia, Iran and China. He likened the treatment of these nations to the treatment of slaves and blamed the US for spurring “economic disaster” in Russia and Ukraine.

Now Senator Reid, is calling on FBI Director James Comey to be investigated, comparing him to another famed Bureau Chief with political ambitions. “I did not believe Comey was the new J. Edgar Hoover,” Senator Reid said. “I thought that he would do the right thing for the country.”

So, what we know is that Trump is now indirectly connected to at least two of the biggest oligarchs in Russia. His Secretary of State appointee, Rex Tillerson is one of Putin’s closest non-Russian friends and tied directly to business deals with Rosneft CEO Sechin. Trump’s ex-advisor, Carter Page, reportedly met Sechin in July and  is also an investment advisor to another oligarch, Alexey Miller of Gazprom.

Retired Gen. Michael Flynn, Trump’s pick for National Security Adviser is also connected to Putin. Flynn appears regularly on the Kremlin sponsored English language cable news network RT. Flynn flew to Moscow last year for RT’s gala and sat with Putin.

Then there’s John Bolton, who is being touted as a potential Deputy Foreign Secretary. Bolton is connected to the group of oil oligarchs and to Dick Cheney but that’s a story for another day.

And if you’ve been keeping score, Trump’s former campaign chief, Paul Manafort, worked as an adviser to Viktor Yanukovych, who was Putin’s puppet president of Ukraine.

There’s another factor driving a deep connection between Trump and Putin and that is liquid cash. While his net-worth is estimated at $3 Bn, his debt has climbed from $350M last year to $650 m this year. To finance this ballooning line-item, Trump has been highly reliant on money from Russia because US banks have mostly black-balled Trump.

According the Washington Post, “since the 1980s, Trump and his family members have made numerous trips to Moscow in search of business opportunities, and they have relied on Russian investors to buy their properties around the world. “Russians make up a pretty disproportionate cross-section of a lot of our assets,” Trump’s son, Donald Jr., told a real estate conference in 2008. “We see a lot of money pouring in from Russia.”

Trump isn’t denying his appreciation of all things Putin. It’s his calculation that closer ties with Moscow are a benefit to Washington. He believes America’s policy of advancing human rights ahead of economic benefit is working against US interests. In a Trump world, anything that advances the country’s power is worth the price of doing business – even if it’s with autocratic rulers with a poor human rights record.

It should be noted, Putin’s aggressive stance on US politics comes at a time when sanctions have left him with a large deficit. Last week on Wednesday, the state sold off a 19% stake in Rosneft to Swiss Commodity firm, Glencore, with a sovereign wealth fund in Qatar as secondary funders. The $11 Bn dollar deal will help Kremlin pay for the growing deficit but it won’t turn the tables on the US.

Putin is betting “Kremlin, Inc.” can do that with its new ally in the West, President-elect Donald J. Trump. With Tillerson at State and Flynn as National Security Adviser, Putin will have direct influence over world affairs and the country’s military strategy, potentially working around the President-elect. This would represent an unparalleled intrusion into the most important levers of foreign influence and give Putin unprecedented power to not only benefit Russia, but to exert pressure on any nation on the planet.

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