Skip to comments.In His Own Words, Joe Biden Was ‘Seduced by Real Estate’. The Democratic presidential candidate spent decades buying ever-larger houses, frequently stretching his personal finances
Posted on 02/28/2020 8:33:03 AM PST by karpov
WILMINGTON, Del.The purchase of an abandoned 10,000 square-foot DuPont mansion in an affluent Wilmington suburb may have been a stretch for a 32-year-old widower and father of two commuting daily to Washington for his job as a U.S. senator.
Then again, Joe Biden readily acknowledges that his passion for real estate occasionally overtook his common sense.
The son of a car salesman who was under frequent financial duress, Mr. Biden has seen up close what it looks like to scrape by. He also knows what it feels like to be worried about his mortgage payments.
As Mr. Biden faces a make-or-break moment for his presidential campaign Saturday in South Carolina, he has emphasized that background, trying to draw a contrast with primary rivals who include two billionaire businessmen.
The former vice president has cultivated a decadeslong brand as Middle Class Joe and often referred to himself as one of the poorest members of Congress. But Mr. Bidens financial struggles, compared with many of his colleagues, werent just a product of his reliance on a government salary. They also stemmed from his penchant for buying stately houses, a Wall Street Journal review of public records and interviews with his current and former associates found.
Mr. Bidens efforts to live like some of his wealthier Senate colleagues at times led him to borrow money against the value of his homes and life insurance policies, and he routinely reported a negative net worth.
Unlike many of his former colleagues who left office after a term or two and joined the private sector, Mr. Biden, 77 years old, served 44 years in office. After his vice presidency ended, he earned more than $15 million in two years from speeches, teaching positions and book deals.
(Excerpt) Read more at wsj.com ...
The WSJ makes it seem like these former colleagues of Biden's are doing the "honorable" thing and leaving voluntarily. Usually, they've lost a re-election bid, got indicted, or leave in a wooden box.
And the ones who do leave voluntarily, do so because they have a lobbying job lined up that's even more lucrative than their job on Capitol Hill.
even after all of thieving and the bastard is still whining he is broke
Right, as if he was just getting by. After decades of shoveling ill-gotten, well, ultimately, billions to his near relatives.
Why yes he has. His first job out of HS was at a winery. He was a cork soaker
Living paycheck to paycheck just like he did back in Scanton Pa..when he would take the A train in order to return a penny to someone who loaned it to him.
What an average guy!
He is still seduced by real estate. He wants the White House.
And he said, 'I will do this: I will tear down my barns and build larger ones, and there I will store all my grain and my goods.
Joe was “seduced by real estate.” His brother asked if she had a sister!
LOL! We need Hillary’s nomination night O-face in there, too!
Naturally, he just had to go on the take. He sympathizes with working families who are not in a position to accept bribes from anyone, as he frequently is.
I’m seduced by Pringles.
Re “Biden is a corrupt Taker...” I hope the next “Taker he meets is Mr. Under Taker” and his “real estate” deal is a plot with 6 feet of dirt over him.
When I was younger, I used to think that Joe Biden might actually be a moderate, sane Democrat politician. Boy did he fool me and most of the country.
Time for him to go, leave the political scene, either by walking out on his own two feet, or being carried out without using his feet. Either way works for me but the latter one is more permanent. However, being a Democrat, he will be voting for many years in Delaware, dead or alive, sane or insane, and/or both.
The Corn Pop story I will always remember fondly as a classic bit of Biden self-memorializing,something the Lefty elites have always been good at, since it’s just second nature to them. Clinton saying that he and his progressive buddy would go sit at the back of the bus intentionally just to show their support of Rosa Parks & Co.
to claim poverty after 40 plus years in the money trough known as Washington DC you are Mother Theresa caliber character or a type of stupid so deep and dark gravity does not escape
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