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

Wall Street Journal ^ | February 28, 2020 | Julie Bykowicz

[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. Biden’s financial struggles, compared with many of his colleagues, weren’t 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. Biden’s 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.

[karpov]

A sloth would overtake his common sense even in his youth.

[GnuThere]

A careless and imprudent hair-sniffer, just what voters want as Commander in Chief.

[mylife]

Grifter Joe.

[ClearCase_guy]

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.

I think they are trying to praise him. But it sounds to me like he's been a parasite for 44 years.

[Jeff Chandler]

32-year-old widower and father of two commuting daily to Washington for his job

See, he's just like us.

as a U.S. senator.

Oops.

[JBW1949]

Has Biden ever held a real job??? Ever???

[Paladin2]

Biden is a corrupt Taker, never a Maker.

[Don Corleone]

I think they are trying to praise him. But it sounds to me like he's been a parasite for 44 years.

Sounds a lot like Bernie's resume' too.

[DesertRhino]

The good of former capitalist WSJ comes out with a puff piece about how poor Joe, has struggled his way up. The topic should have been selling his office through his sons.

[Red Badger]

I don’t think so. He’s a Bernie clone.................

[choctaw man]

“...a 32-year-old widower and father of two commuting daily to Washington for his job as a U.S. senator...”

_______________________________________________

That alone turned my stomach!

[Liz]

Biden’s Brother's companies Pocketed $54 MILL In Tax-Funded Loans
To Finance Energy Projects In Central America
Right Journalism ^ | 01.21.2020 | Natalie Dagenhardt FR / Posted on 1/21/2020, 12:38:25 PM by USA Conservative

Frank Biden's companies received $54 MILLION in taxpayer-funded loans to finance energy projects in Central America Just like his son—Biden’s brother also had no energy experience. “Clinton Cash” author Peter Schweizer makes the case for Biden family corruption in his new book “Profiles in Corruption: Abuse of Power by America’s Progressive Elite.”

The book teaser reads:In "Profiles in Corruption," Schweizer offers a deep-dive investigation into the private finances, and secrets deals of some of America’s top political leaders. And, as usual, he doesn’t disappoint, with never-before-reported revelations that uncover corruption and abuse of power—all backed up by a mountain of corporate documents and legal filings from around the globe. (Excerpt) Read more at rightjournalism.com …

========================================

"Only $54 mill? Not counting under-the-table cash to the usual Dem suspects. Uncle Frank is a loser. "
"My companies took in 100's of Millions from Russians, Chinese, and Kazakh's looking for favors from Obama and my dad."

[Liz]

Biden’s Brother's companies Pocketed $54 MILL In Tax-Funded Loans
To Finance Energy Projects In Central America
Right Journalism ^ | 01.21.2020 | Natalie Dagenhardt FR / Posted on 1/21/2020, 12:38:25 PM by USA Conservative

Frank Biden's companies received $54 MILLION in taxpayer-funded loans to finance energy projects in Central America Just like his son—Biden’s brother also had no energy experience. “Clinton Cash” author Peter Schweizer makes the case for Biden family corruption in his new book “Profiles in Corruption: Abuse of Power by America’s Progressive Elite.”

The book teaser reads:In "Profiles in Corruption," Schweizer offers a deep-dive investigation into the private finances, and secrets deals of some of America’s top political leaders. And, as usual, he doesn’t disappoint, with never-before-reported revelations that uncover corruption and abuse of power—all backed up by a mountain of corporate documents and legal filings from around the globe. (Excerpt) Read more at rightjournalism.com …

========================================

"Only $54 mill? Not counting under-the-table cash to the usual Dem suspects. Uncle Frank is a loser. "
"My companies took in 100's of Millions from Russians, Chinese, and Kazakh's looking for favors from Obama and my dad."

[DesertRhino]

At this point, the WSJ isn’t functionally different than People magazine or the NYT.

[ProtectOurFreedom]

his passion for real estate occasionally overtook his common sense.

Just what we want in a President.

Joe and "common sense" in the same sentence? What a joke.

[KC_Conspirator]

And dont forget his Deleware beach house, which I think is in Rehobeth.

[Trump.Deplorable]

Has Biden ever held a real job??? Ever???

---

Well he did work as a life guard at a pool in his teens, the young kids would feel up his hairy legs and he had to go cut up a piece of chain to defend himself and the pool against the notorious Corn Pop

[Liz]

Joe Biden was paid $900,000 for lobbying efforts from Burisma Holdings in Ukraine.
Ukrainians Find Misuse of $5.3 BILLION in US Aid During Obama Admin
US Aid reported as misused was given to the embassy’s favored NGO’s.
GP ^ | December 6, 2019 | Jim Hoft / FR Posted by mplc51

In October Ukrainian Parliamentarian Andrey (Andriy) Derkach revealed in a press conference
that Joe Biden was paid $900,000 for lobbying efforts from Burisma Holdings in Ukraine. Much of the $5.3B in US Aid Ukraine reported as misused was given to the embassy’s favored NGO’s. At the time Yovanovitch, witness for the Witchunt, was the Amb. That embassy directed the police not to investigate. Wonder why Obama forgot Art. 2, Sec. 3.

"Thanks Hunter......now I can buy that $12 million spread on Martha's Vineyard Michelle is bugging me for."

[AbolishCSEU]

private property ownership for them but not the proletariat.

[Hoffer Rand]

The guy’s an absolute martyr, scraping by and barely managing to survive in that cramped, overcrowded 10K square foot house. What fortitude! What will power! What sacrifice for his kids. /s