Malkin: The Hunter Biden Chronicles

Creators Syndicate ^ | October 22, 2014 | Michelle Malkin

[jazusamo]

Everything you need to know about Beltway nepotism, corporate cronyism and corruption can be found in the biography of Robert Hunter Biden. Where are the Occupy Wall Street rabble-rousers and enemies of elitist privilege when you need them? Straining their neck muscles to look the other way.

The youngest son of Vice President Joe Biden made news last week after The Wall Street Journal revealed he had been booted from the Navy Reserve for cocaine use. His drug abuse was certainly no surprise to the Navy, which issued him a waiver for a previous drug offense before commissioning him as a public affairs officer at the age of 43. The Navy also bent over backward a second time with an age waiver so he could secure the cushy part-time job.

Papa Biden loves to tout his middle-class, "Average Joe" credentials. But rest assured, if his son had been "Hunter Smith" or "Hunter Jones" or "Hunter Brown," the Navy's extraordinary dispensations would be all but unattainable. Oh, and if he had been "Hunter Palin," The New York Times would be on its 50th front-page investigative report by now.

Despite the disgraceful ejection from our military, Hunter's Connecticut law license won't be subject to automatic review. Because, well, Biden .

Biden's bennies are not just one-offs. Skating by, flouting rules and extracting favors are the story of Hunter's life.

Hunter's first job, acquired after Joe Biden won his 1996 Senate re-election bid in Delaware, was with MBNA. That's the credit card conglomerate and top campaign finance donor that forked over nearly $63,000 in bundled primary and general contributions from its employees to then Sen. Biden. As I've reported previously, Daddy Biden secured his custom-built, multimillion-dollar house in Delaware's ritziest Chateau Country neighborhood with the help of a leading MBNA corporate executive... .

[The Antiyuppie]

“Michelle is on the Kelly File speaking about the movie about the lefts plan for Colorado and other Red states turning Blue...”

I predict extreme backfire; everyone on that side will be too mellowed out and/or sleepy to vote.

To think about politics is to harsh one’s buzz.

[xzins]

When the Vice President’s adult son belches it’s news with a republican. A VP candidate’s daughter gets knocked up and they’re STILL talking about it.

But Joe’s kid gets the heave-ho from the military, which all by itself would make my family hang their head in shame, yet this kid gets kicked out for being a crack head, and we have 24/7/365/century ....(crickets)....

[marron]

Good article, has detail I didn’t know.

I did know he was a lobbyist. When asked if it was legal for him to lobby when his dad is a senator, he said sure, when its his dad he just sends someone else from his office.

For that his salary was $1.6 million a year.

When his dad became vice president they decided he shouldn’t be so obviously lobbying so they transferred him to a hedge fund where as a rookie in the business he was paid $1.3 million a year.

I do remember that within a short time he and his uncle launched a takeover of the hedge fund and wound up in court fighting with the owner.

Eventually he wound up back as a lobbyist I believe.

So while Biden Senior claims to have no money, his son and brother are multi-millionaires from trading on his influence.

Harry Reid works the same way. You want to talk to him, you write his sons a check for a quarter million. Democrats always rant about corrupt fatcats and they always vote for them.

[llevrok]

The rats just have no shame.

Shame ?? The ends justify the means to give us the country they think we (not them) deserve.

[llevrok]

everyone on that side will be too mellowed out and/or sleepy to vote.

and that's just from the special Halloween candy

[rey]

This happened to a Carter relative while he was president. I think it was his nephew who received a less than honorable for smoking dope on a nuke sub (what we used to call a token discharge). Carter signed a law shortly after that allowed certain discharges to be up graded after a period of time. I think it is the same nephew that is in all sorts of trouble and has done time.

[Liz]

As Malkin reported previously, Joe Biden secured his custom-built, multimillion-dollar house in Delaware's ritziest Chateau Country neighborhood with the help of a leading MBNA corporate executive...where Hunter was employed.

And this.

VP Biden Vacations in Virgin Islands for Second Time in Three Months
weeklystandard.com /Daniel Halper / FR Posted March 07, 2014 by Sub-Driver

The White House announced that Vice President Joe Biden would spend the weekend vacationing in the U.S. Virgin Islands. It's his second vacation there in three months.

His White House schedule reads: DAILY GUIDANCE FOR THE VICE PRESIDENT / Fri, March 7 – Sun, March 9 ---- The Vice President and Dr. Jill Biden will visit the U.S. Virgin Islands. There are no public events scheduled.

Geoff Earle of the New York Post reported on December 27, the vice president spent New Year's on the U.S. Virgin Islands. "Vice President Biden doesn’t have to worry about playing second fiddle to his boss when it comes to tropical vacations," Earle reported.

"President Obama’s No. 2, and 2016 presidential prospect, jets Friday to the U.S. Virgin Islands aboard Air Force Two, the White House announced Thursday night. He’ll be there through New Year’s.

"That puts Biden just steps away from some of the Caribbean’s best snorkeling at the same time Obama is strolling Hawaii’s spectacular golf courses and hiking trails."

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FREEPER REALTIME REPORT CIRCA 2012 "I just returned from a Caribbean cruise. In St Thomas, US Virgin Islands, the guide pointed out a waterfront mansion and said it belonged to Biden’s (cough) brother. He also said Air Force 2---the VP plane--frequently flies in and out."

[Liz]

"Hi there, Americans. Obama put me in charge of the trillion dollar stimulus.
My son, Hunter, and my brother are gonna help me disperse the money. My
top aide Ron Klain (now Ebola Czar) is also overseeing disbursement."

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Offshore Fraudster had links to offshore fund run by VP Biden's relatives
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran

(Reuters) – A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million. (Excerpt) Read more at news.yahoo.com ...

NOTE A lawyer for Hunter Biden and James Biden told reporters the Bidens NEVER met or communicated with Stanford. (/snicker)

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Convicted con man R. Allen Stanford used offshore corporate money to become a big man ae the Democratic convention in Denver. A video posted on the firm's web-site shows Stanford, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a Democrat convention-related forum and party put on by the National Democratic Institute.

"I would like to thank the Stanford Financial Group for helping to underwrite this," Clinton said to the crowd at the event. Stanford Financial was listed as the "lead benefactor" for the gathering, and Stanford was permitted to address the audience of several hundred.

The SEC charged yesterday that Stanford was running a fraudulent offshore investment scheme that may have bilked customers out of as much as $8 billion. Over the last decade, Stanford has spent more than $7 million on lobbyists and campaign contributions to Washington politics in both parties, although the vast majority of the money has gone to Democrats.

"We had no reason to believe that a very public company that was also engaged in philanthropic work might be suspect," said a spokesperson for the National Democratic Institute, Amy Dudley. (Excerpt) Read more at abcnews.go.com ...

NANCY PELOSI DANCING W/ CON MAN ALAN STANFORD AT DEMOCRAT BIGDO.

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REFERENCE ---FOURTEEN TRILLION DOLLARS (Excerpt) Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
SOURCE motherjones.com
Mon Dec. 21, 2009 12:23 PM PST

The price tag for the Wall Street bailout is popularly put at $700 billion—---the actual size of TARP--the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside untraceable money to bail out financial firms and inject money into the markets.

To get a sense of the size of the real $14 trillion bailout, see MJ chart at web site. A guide to the pieces of the puzzle includes massive untraceable Treasury Department bailout programs.

Money Market Mutual Fund: In September 2008, the Treasury controlled by Obama/Emanuel announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].

Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].

TARP: As part of the Troubled Asset Relief Program, the Treasury controlled by Obama/Emanuel made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.

Government-sponsored enterprise (GSE) stock purchase: The Treasury controlled by Obama/Emanuel bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."

GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury controlled by Obama/Emanuel may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.

LONG READ---go to web site to read more and checkout the shocking financial charts.

SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout

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ONCE UPON A TIME, OBAMA'S COS EMANUEL HAD TWO JOBS Soon as they occupied the WH, Obama and the Chicago con artists (a) took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury.

PAUSE TO REFLECT Remember Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role

STROLL DOWN MEMORY LANE Soon as they occupied the WH, Obama and the Chi/cons (a) took control of the US Census; Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (including the conservative-suppressing IRS). Read on.

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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.

When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09

More here: http://online.wsj.com/article/SB124113406528875137.html