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Posted on 09/18/2025 2:02:04 PM PDT by algore
He retired late and has a mortgage not set to be paid off until just after his 100th birthday.
Some might say that's not the best of financial planning.
And as he struggles to find his post-presidential feet there seems little prospect that Joe Biden, 82, will get any help from some of his Democratic friends.
'There isn't a whole lot of goodwill for the former president in some key corridors of power, and that stems from the fact that he never should have tried to mount a reelection,' one Democratic insider told the Daily Mail.
'A lot of us are frustrated and even angry.
'So, there are very few of us who are well disposed to want to support a presidential library or to provide him any other kind of financial support.
Usually, the years after a presidency are when the money pours in, but for Biden the financial future looks rather bleak.
According to public records, he left office with a mortgage on his main home in Wilmington, Delaware of somewhere between $250,000 and $500,000, at an interest rate of 3.375 percent.
He took out that 30-year loan with TD Bank in 2013, when he was aged 70, and it was initially for over $500,000, so he did make some progress reducing it as president.
Meanwhile, he has also been juggling a $250,000 home equity loan taken out on his holiday home in Rehoboth Beach, Delaware in 2022, while he was in the White House.
And, in their final year in office, Joe and Jill Biden received less than $3,100 in royalties for four books they wrote including 'JOEY - The Story of Joe Biden' and 'Willow the White House Cat.'
(Excerpt) Read more at dailymail.co.uk ...
He runs his personal finances like he ran the country.
Oh buul crap.
Complete BS. So he has a 2.5% mortgage rate. He probably get a senate pension and also presidential pension.
He put many of us in debt, he can enjoy the fruit of his labors.
Ice cream cone stand let him go after he ate more than he sold.
“Cry me a river”
(signed) Cornpop
True. Those gold ads mention the value of the US dollar dropped significantly during Biden’s four years.
Doesn’t he get a ton of money for being a retired President ? LOL
The “Big Guy” lost his principle source of illegal money when his bottom-dwelling drug slugging slimeboy son got found out. Play the world’s smallest violin for one of the multiverse’s most revolting men.
He should have invested more of that bribe money he got from the Chinese and Ukrainians.
and who the “Big” guy is
Ha.
“When I get my hands on that guy, watch out.”—Biden.
I’d bet that crook has many millions stashed away.
But if,by chance,it *is* true this news makes my heart feel like an alligator!
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