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The book deals are a money laundering scheme to pay off dims.
Just wondering if the publishers were a $ laundering conduit for him and others. It seems plausible.
An honest man can become rich in business.
But no honest man becomes rich in government.
The House adopted such a rule after the dems whipped up a bogus frenzy over Newt Gingrich's book. The Senate did not follow suit, and Hillary pocketed her $6 million payoff a millisecond after leaving office. Business as usual. One rule for Republicans. No rules for dems.
Just ban advances. If Republicans had the wit of a cabbage, they'd run with the issue.
They get book deals and other favors from rich leftists. Which they have to repay if they get into office. And that’s how democracy dies.
Biden has got a lot of use out of his claims of poverty, he never misses a chance to throw out how poor he is to boost his credentials among his democrat base. Amazingly though many of his relatives seem to become filthy rich just by their proximity to him, it’s funny how that works. Similarly amusing is how Elijah Cummings pled poverty while his wife seemed to have the ability to make money out of thin air.
It’s long been a tactic of politicians to keep the money out of their account while their close relatives seem to enjoy the gift of Midas. Take the Kennedys, I doubt Ted ever officially earned a dime more than his senate salary yet he lived a life of opulence through family trusts that never seemed to diminish even though the last Kennedy to ever earn a dollar outside of politics was probably his father Joe, and most of that was stolen.
It seems that the best place to be is the child, sibling, or spouse of an impoverished politician.
Book “deals” for the left is nothing more than money laundering and payoffs.
As Edmond O”Brian’s character says in the classic western film from Admiral John Ford - “The Man Who Shot Liberty Valance”
“Where is the press!?”-
I still think the long knives will come out for the former Veep and he’ll be eaten alive by the democrat harpies and sea hags. It will be some dried up old nasty like Warren or Clinton that ends up with the rat nomination
I don’t understand.
When I lived in Greenville Delaware, Joe Biden is house was my one and a 1/2 mile mark on my 3 mile morning run and I always assumed between him and his wife they could afford that beautiful estate.
How the h*** could you be that much in debt?
When leaving office Barack and Mike received a $65 Million dollar advance on a book deal. No one in their right mind believes that the publisher is going to make a profit or even break even. More likely they will lose 10s of millions. WHY make such a deal that is a sure loser? Doubtful the Obama’s can deliver something to make up the loss. Perhaps the money is being laundered through the publishing company from some billionaire as a reward for services rendered.
How the left inflates (launders) book sales
- A left leaning book publisher advances the ‘author’ several million USD.
- The ‘author’ (AKA ghostwriter) write a few hundred pages of inane tripe and submits it.
- The publisher produces a run of the book.
- Leftist organizations buy, pre-order, etc thousands of copies and pays for it all. This insures that the publisher is reimbursed for their part in the scheme.
- Most of the above purchases are delivered to an almost condemned warehouse probably owned by one of the aforementioned leftist organizations.
- Several months after the book release, an unexplained warehouse fire occurs and the building and it’s contents are completely destroyed. The insurance company covers the loss. This reimburses the leftist organization who made the original bulk book purchase.
- Soon after the fire, the insurance company increases it’s premiums. This spreads the covered loss among the new and existing customers of the insurance company, essentially covering the original advance to the ‘author’. This reimburses the insurance company for their part of the
scheme.
- So the eventual losers are the customers of the insurance company who are unwittingly paying for the politician’s book ... whether they want to or not.