By Mary Fanning and Alan Jones | March 25, 2023
Former President Barack Hussein Obama, whom some believe is the one actually running the Joe Biden Administration, has a long history of seeking policy advice from controversial investment manager Mohamed El-Erian, former co-chief investment officer of PIMCO (Pacific Investment Management Company, LLC).
Mohamed El-Erian was the chair of President Barack Obama’s Global Development Council.
Mohamed El-Erian was born in New York City to parents Abdullah El-Erian and Nadia Shoukry, and did not qualify for United States citizenship.
Mohamed El-Erian’s father Abdullah El-Erian was an Egyptian diplomat to The United Nations in New York and Egypt’s Ambassador to France and Switzerland, as well as a judge on the United Nations’ 15-member World Court, located in The Hague, Netherlands.
Mohamed El-Erian’s father reportedly died suddenly of a heart attack on December 12, 1981 at age 60 after being taken to Leiden Teaching Hospital, now part of Leiden University Medical Center in the Netherlands.
According to Abdullah El-Erian’s obituary in the New York Times, “the judge … is survived by his wife and three children.”
According to federal court records, Mohamed El-Erian sued United States Citizenship And Immigration Services in an effort to obtain U.S. citizenship.
Mohamed El-Erian was previously married to Jamie Walters, the daughter of former Arkansas State Senator Bill Walters.
According to Arkansas news website Talk Business & Politics:
Former Arkansas Sen. Bill…Walters also was an attorney for Juanita Broaddrick during the investigation into President Bill Clinton’s dealings in Arkansas that eventually resulted in his impeachment trial. According to a February 1999 report by the Washington Post, Walters helped facilitate in November 1997 an agreement between Broaddrick and Clinton lawyers in which she denied Clinton sexually assaulted her in April 1978. Broaddrick would later reverse her denial.
The Washington Post reported in 1999:
[After Paula Jones’ lawyers’] private investigators visited Broaddrick on Nov. 13, 1997, her lawyer, Bill Walters, a Republican state senator, contacted a Clinton lawyer and asked for a draft affidavit for her to sign denying the “rumors and stories” about her and Clinton. “These allegations are untrue,” she said in the Jan. 2, 1998, affidavit, “and I had hoped that they would no longer haunt me or cause further disruption to my family.”
Mohamed El-Erian has also reportedly advised the government of Saudi Arabia.
Saudi Arabian Oil Group (ARAMCO) is a Saudi state-owned enterprise.
Reuters reported in 2019 that “Saudi Aramco, the world’s biggest oil producer, tapped Mohamed El-Erian, chief economic adviser at Allianz, as an informal adviser prior to the company’s roadshow for its first-ever debt offering, according to two sources.”
Seemingly flipping banking and capitalism on its head, Mohamed El-Erian shockingly declared during a March 13, 2023 interview on CNBC’s Squawkbox regarding the collapse of Silicon Valley Bank, “Well, we’ve changed the system. I think [former U.S. Treasury Department official under Presidents Carter and Clinton] Roger Altman was absolutely correct in saying we are now in a different world…Depositors should not worry. Your deposits are fine … It is almost impossible now to go back on unlimited deposit guarantee.”
“Well, we’ve changed the system” sounds a lot like the transformation of America that Barack Obama spoke of.
“One of my brothers joined the Democratic Party to try and change the system from the inside,” Weather Underground communist revolutionary Bill Ayers once stated, according to Colorado-based Cipher Magazine.
COPYRIGHT 2023 MARY FANNING AND ALAN JONES