Biden money trail

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Glennfs
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Biden money trail

Post by Glennfs »

https://www.cnn.com/2023/10/31/politics ... index.html

WAPO has a pretty decent article about the trail. However we don't know why the money was borrowed. Or even if it wss but, evidence suggests it was.
We don't know what the money was used for, we do seem to know that the president's son and brother were involved in some sort of shady influence peddling. Or perhaps they were running a scam where they were only giving an impression of influence peddling.

One thing we need to know is was the president aware of what his son and brother were up to and did he help finance the dealing.
If he were aware why didn't he stop it. If it were a scam is that illegal and what damage might it cause to diplomatic relations between our country and China.

Then there is the alleged communication between Hunter and a China businessman who was connected with the communist party where Hunter stated he was sitting here with his father and demanding payment.

Seems these are all legitimate accusations which should be throughly and impartially investigated. All those involved should be required to testify under oath without any demands regarding that testimony.

https://www.cnbc.com/2023/06/28/biden-d ... utive.html
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JoeMemphis
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Re: Biden money trail

Post by JoeMemphis »

Glennfs wrote: Mon Dec 04, 2023 10:16 am https://www.cnn.com/2023/10/31/politics ... index.html

WAPO has a pretty decent article about the trail. However we don't know why the money was borrowed. Or even if it wss but, evidence suggests it was.
We don't know what the money was used for, we do seem to know that the president's son and brother were involved in some sort of shady influence peddling. Or perhaps they were running a scam where they were only giving an impression of influence peddling.

One thing we need to know is was the president aware of what his son and brother were up to and did he help finance the dealing.
If he were aware why didn't he stop it. If it were a scam is that illegal and what damage might it cause to diplomatic relations between our country and China.

Then there is the alleged communication between Hunter and a China businessman who was connected with the communist party where Hunter stated he was sitting here with his father and demanding payment.

Seems these are all legitimate accusations which should be throughly and impartially investigated. All those involved should be required to testify under oath without any demands regarding that testimony.

https://www.cnbc.com/2023/06/28/biden-d ... utive.html
If it was a loan payment (I am not saying it was or was not), the there is at least 1 other transaction with the lender namely the advance of the funds. In most cases there are multiple transactions but there are usually at least two. Secondly as you mentioned, funds are usually borrowed with a purpose in mind and I imagine those required some type of financial transaction as well. There is usually all kinds of documents and/or communications on most loans. You can’t just write loan payment on a check and create a loan. There’s simply more to it.
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Number6
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Re: Biden money trail

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Here's a link summing up the loan Biden made to his brother. From the link, it doesn't appear to be anything other than an interest free brother-to-brother loan. Joe Biden lent James Biden $200K and James Biden repaid Joe Biden $200K; nothing more and nothing less. There's been no evidence that Joe Biden profited off the loan or received a quid pro quo.
But banking records reviewed by CNN, which Comer’s committee possesses, provide substantial evidence in support of the Democrats’ assertions that there was indeed a $200,000 loan from Joe Biden to James Biden less than two months before the James Biden “loan repayment” check to Joe Biden for the same amount.

The evidence CNN has reviewed is almost certainly only a fraction of the evidence Comer’s Republican-controlled committee has obtained, given that the committee subpoenaed years of financial records; the fraction CNN has seen does not prove with absolute certainty that there was a loan. But even this small batch of evidence clearly shows that the Democrats have documents at least partially substantiating their assertions about the check – and that Comer has not yet released some documents that undercut his efforts to raise public suspicions about the Bidens.
https://www.cnn.com/2023/10/31/politics ... index.html
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Toonces
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Re: Biden money trail

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If they had any real evidence of wrongdoing, they'd be doing more than just putting out press releases, they would take action. They keep saying things that seem damning but aren't.

This is why they refuse to let Hunter Biden testify publicly because they know it would break the narrative. It's why they're doing implementing any actual impeaching hearings. Any real evidence would be kept for the hearings, not aired in public. They release deceptive items because they know some people will accept what is being said without any form of critical analysis.

Most of the GOP are without honor, maligning for the sake of it, for political points.
Glennfs
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Re: Biden money trail

Post by Glennfs »

Number6 wrote: Mon Dec 04, 2023 2:01 pm Here's a link summing up the loan Biden made to his brother. From the link, it doesn't appear to be anything other than an interest free brother-to-brother loan. Joe Biden lent James Biden $200K and James Biden repaid Joe Biden $200K; nothing more and nothing less. There's been no evidence that Joe Biden profited off the loan or received a quid pro quo.
Why would a man with a net worth of over 20 million need to borrow 40,000 ans and 200k from his brother.
What was the loan for and was it indeed a loan. They all seem reasonable questions which should be easy to answer.
Maybe Biden's quid pro quo went to his kids. He does seem to put his kids first. In that aspect he reminds me of my dad.
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Glennfs
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Re: Biden money trail

Post by Glennfs »

Toonces wrote: Mon Dec 04, 2023 4:04 pm If they had any real evidence of wrongdoing, they'd be doing more than just putting out press releases, they would take action. They keep saying things that seem damning but aren't.

This is why they refuse to let Hunter Biden testify publicly because they know it would break the narrative. It's why they're doing implementing any actual impeaching hearings. Any real evidence would be kept for the hearings, not aired in public. They release deceptive items because they know some people will accept what is being said without any form of critical analysis.

Most of the GOP are without honor, maligning for the sake of it, for political points.
A witness doesn't get to dictate how they testify. Notice that most of the January 6th hearing were behind closed doors.
As for maligning Hunter isn't exactly a beacon of virtue.
As for evidence we know about 2 alleged loans one for 40k one for 200k.
Were they really loans. If so what were they for and why would a man as wealthy as the president's brother need to borrow 40k?
It seems to me that 40k is a paltry sum for a man as wealthy as him.

https://www.caclubindia.com/wealth/jame ... h_Timeline
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Number6
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Re: Biden money trail

Post by Number6 »

Glennfs wrote: Mon Dec 04, 2023 10:57 pm Why would a man with a net worth of over 20 million need to borrow 40,000 ans and 200k from his brother.
What was the loan for and was it indeed a loan. They all seem reasonable questions which should be easy to answer.
Maybe Biden's quid pro quo went to his kids. He does seem to put his kids first. In that aspect he reminds me of my dad.
The same reason TFG borrows money from banks and other people, because their money is tied up elsewhere.
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Number6
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Re: Biden money trail

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James Comer is trying to make a case that Joe Biden's $200K no interest loan to his brother James was shady. Now, it appears that Comer did the same thing; he loaned his brother $200K.
Kentucky property records show that Comer and his brother swapped land related to their multi-million-dollar family farming business with one deal also involving $200,000 and a shell company. In that transaction, Comer funneled extra money to his brother, while other recent land swaps were quickly followed by new applications for special tax breaks, state records show. "All of this, perplexingly, related to the dealings of a family company that appears to have never existed on paper," Sollenberger writes.

Unlike with the Bidens, Sollenberger adds, Comer's decades-long history borders on being a conflict of interest between his official role and his private family business.
https://www.salon.com/2023/11/09/cant-m ... -revealed/
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JoeMemphis
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Re: Biden money trail

Post by JoeMemphis »

Number6 wrote: Tue Dec 05, 2023 1:40 pm James Comer is trying to make a case that Joe Biden's $200K no interest loan to his brother James was shady. Now, it appears that Comer did the same thing; he loaned his brother $200K.
TBH we don’t know if it’s shady or not. All anyone knows is that the transactions themselves look suspicious. It may very well turn out these are legit loans. That’s the purpose of depositions. That’s the purpose of investigations. We can speculate all day long. The question is what do the witnesses say under oath and do the underlying transactions and other evidence support that testimony. If. They were loans, I’m sure we can see where money was advanced. I’m sure we can see where such money was or was not disbursed. I’m sure the principals communicated about said loan and can provide emails, texts, loan docs, etc to back that up. I’m sure the interest free loans were properly accounted for and the imputed interest income was properly reported for tax purposes. If not, then perhaps there is a reasonable explanation. But we won’t know any of that without an investigation and depositions.
Glennfs
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Re: Biden money trail

Post by Glennfs »

Number6 wrote: Tue Dec 05, 2023 1:07 pm The same reason TFG borrows money from banks and other people, because their money is tied up elsewhere.
I can understand that about the 200k loan. But, I have a hard time wrapping my head around why would a guy worth reportedly between 20 and 50 million need to borrow 40k.

Also, and granted this part might just be a game of political gotcha the timing of the payback seems questionable.
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bird
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Re: Biden money trail

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The “timing” of the loan is suspicious only because conspiracy theory believing Republicans think it is.

The net worth of someone is irrelevant as to why they want a loan. Wealth does this as a matter of course.
Glennfs
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Re: Biden money trail

Post by Glennfs »

bird wrote: Wed Dec 06, 2023 7:30 am The “timing” of the loan is suspicious only because conspiracy theory believing Republicans think it is.

The net worth of someone is irrelevant as to why they want a loan. Wealth does this as a matter of course.
Again maybe on the 200k but why would a guy worth between 30 and 50 million need to borrow 40k?
I think it is a legitimate question that should be very easy for the Biden's to answer.
One more thing would you be of the same opinion if the people involved were republican
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Drak
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Re: Biden money trail

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bird wrote: Wed Dec 06, 2023 7:30 am The “timing” of the loan is suspicious only because conspiracy theory believing Republicans think it is.

The net worth of someone is irrelevant as to why they want a loan. Wealth does this as a matter of course.
It really doesn’t matter. Getting a loan isn’t illegal and neither is giving out a personal loan.

When Trump was impeached for attempting to extort another country to fabricate dirt on an opponent to win an election, Republicans here said, leave him alone.

When Trump was impeached for an attempt to overthrow the government, republicans here said, leave him alone.

When the committee reviewed Trump’s highly suspicious business dealings, bank records and taxes, Republicans here were outraged, and they said, leave him alone.

When Ivanka and Jared hauled in 640 million while working in the White House, crickets.

When Ivanka and Jared hauled in 2 billion from SA, crickets.


But Biden giving a personal loan to his brother and helping his son with a vehicle purchase, it’s totally ok to pilfer through his bank records and it’s time to look into impeachment?

What the hell is going on with these people? Are they all seriously cognitively impaired? Are they highly exposed to copious amounts of lead? Serious question. There has to be widespread impairment here caused by something.

There’s a mentally impaired lunatic/criminal running the Republican Party who is not making it a secret that he plans on being a dictator on day one if he’s re-elected and he will destroy democracy and the Constitution; he is saying so, right out in the open - and idiots on this board are parroting the stupidity of his henchmen.
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gounion
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Re: Biden money trail

Post by gounion »

Glennfs wrote: Tue Dec 05, 2023 4:25 pm I can understand that about the 200k loan. But, I have a hard time wrapping my head around why would a guy worth reportedly between 20 and 50 million need to borrow 40k.

Also, and granted this part might just be a game of political gotcha the timing of the payback seems questionable.
First, he wasn’t worth that at the time. He was an addict.

Secondly, to think that Joe Biden would take a $40,000 bribe is kinda silly. I mean, Bob Menendez was getting gold bars.

And as for Hunter refusing a closed hearing, pretty simple. Comer has a history of lying about what happens in them. I can understand why he would want it done publicly.

And you don’t mind at all if Republicans simply refuse subpoenas. Hypocrite.
Glennfs
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Re: Biden money trail

Post by Glennfs »

gounion wrote: Wed Dec 06, 2023 10:45 am First, he wasn’t worth that at the time. He was an addict.

Secondly, to think that Joe Biden would take a $40,000 bribe is kinda silly. I mean, Bob Menendez was getting gold bars.

And as for Hunter refusing a closed hearing, pretty simple. Comer has a history of lying about what happens in them. I can understand why he would want it done publicly.

And you don’t mind at all if Republicans simply refuse subpoenas. Hypocrite.
The loan was made to the president's brother not his son. If my link is accurate James Biden was worth between 25 and 50 million at the time of the $40000 loan.
BTW thus far this has been a civil conversation and exchange of opinions and facts. With no insults or flaming.
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gounion
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Re: Biden money trail

Post by gounion »

Glennfs wrote: Wed Dec 06, 2023 10:57 am The loan was made to the president's brother not his son. If my link is accurate James Biden was worth between 25 and 50 million at the time of the $40000 loan.
BTW thus far this has been a civil conversation and exchange of opinions and facts. With no insults or flaming.
No, it’s been a smear job on Biden, devoid of facts from your side. Again, explain why Biden would sell himself out for $40,000? And I haven’t followed closely, but I thought the big “AHA” think from Comer was the Biden loaned Hunter money to buy a truck.

If this isn’t about the loan to Hunter, then why aren’t they subpoenaing Biden’s brother, not Hunter? What would Hunter have to do with loans to Biden’s brother?
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Re: Biden money trail

Post by gounion »

JoeMemphis wrote: Mon Dec 04, 2023 10:39 am If it was a loan payment (I am not saying it was or was not), the there is at least 1 other transaction with the lender namely the advance of the funds. In most cases there are multiple transactions but there are usually at least two. Secondly as you mentioned, funds are usually borrowed with a purpose in mind and I imagine those required some type of financial transaction as well. There is usually all kinds of documents and/or communications on most loans. You can’t just write loan payment on a check and create a loan. There’s simply more to it.
A few years ago, my wife and I loaned my cousin $15,000. I gave him a check. Didn't even say what it was on the check. A year or two later, he paid me back in full - wanted to give me interest, I refused. He paid me in cash (his wife sadly passed away, and he paid me out of the insurance money).

How is there more to it?

BTW, James Comer gets eviscerated in under two minutes by a reporter. https://www.thenewcivilrightsmovement.c ... o-minutes/

You need to realize that there is no "there" there. It's been a fishing expedition and they have NOTHING.
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Re: Biden money trail

Post by bird »

Glennfs wrote: Wed Dec 06, 2023 9:08 am Again maybe on the 200k but why would a guy worth between 30 and 50 million need to borrow 40k?
I think it is a legitimate question that should be very easy for the Biden's to answer.
One more thing would you be of the same opinion if the people involved were republican
It is between two brothers both of whom, iirc, WERE NOT IN ANY POLITICAL OFFICE AT THE TIME.

Should congress crawl up your ass if you loaned money to a sibling or offspring?

This. Is. Nobody’s. Fucking. Business. This includes you.

If Donald Trump loaned money to Don, Jr. And Don, Jr. paid it back while neither one was in political office it would not be the business, arbitrarily, of congress to investigate it.

Please explain what political influence was brought to bear by James Biden.
Glennfs
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Re: Biden money trail

Post by Glennfs »

bird wrote: Wed Dec 06, 2023 3:39 pm It is between two brothers both of whom, iirc, WERE NOT IN ANY POLITICAL OFFICE AT THE TIME.

Should congress crawl up your ass if you loaned money to a sibling or offspring?

This. Is. Nobody’s. Fucking. Business. This includes you.

If Donald Trump loaned money to Don, Jr. And Don, Jr. paid it back while neither one was in political office it would not be the business, arbitrarily, of congress to investigate it.

Please explain what political influence was brought to bear by James Biden.
I am working but here is a quick link


https://oversight.house.gov/blog/eviden ... g-schemes/
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gounion
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Re: Biden money trail

Post by gounion »

Glennfs wrote: Wed Dec 06, 2023 4:26 pm I am working but here is a quick link


https://oversight.house.gov/blog/eviden ... g-schemes/
You know this is nothing at all, right?

I mean, flip it around - if this was, say, a Republican former Senator, you would say this is NOTHING.

But you think all Democrats are guilty of something and no Republicans ever did anything wrong.
Glennfs
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Re: Biden money trail

Post by Glennfs »

gounion wrote: Wed Dec 06, 2023 4:31 pm You know this is nothing at all, right?

I mean, flip it around - if this was, say, a Republican former Senator, you would say this is NOTHING.

But you think all Democrats are guilty of something and no Republicans ever did anything wrong.
21 pages and all bogus. Just exactly what do you need to support an investigation?
Also nobody here has said Biden is guilty.
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gounion
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Re: Biden money trail

Post by gounion »

Glennfs wrote: Wed Dec 06, 2023 6:22 pm 21 pages and all bogus. Just exactly what do you need to support an investigation?
Also nobody here has said Biden is guilty.
Yeah, Glenn. Shit like “Biden had dinner”.

Let’s think back, Glenn. When the planes were crashing into the World Trade Center and the Pentagon, the President’s daddy was meeting in New York with the Bin Laden family, you know, Poppy Bush. The President then secreted them out of the country, when NO airplane was supposed to be flying.

Does that mean that the Bush family was in on 9/11? Yes or no?

The answer is, of course not.

But you’ve got a shitload of NOTHING. Yet you pretend it’s really bad. It’s not.
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Drak
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Re: Biden money trail

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Look, Donald Trump is the one who ordered that Biden be impeached. There's nothing there, but they're going to anyway. They were ordered to. So they're going to impeach Biden for helping his kid buy a truck in 2018. Nothing illegal, and things normal people do. But that's what they're doing.

Republicans are all drinking serious amounts of lead. There's no other explanation for the insane stupidity we're seeing. Even on this board. It's just beyond dumb.
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Are the same that burn crosses"

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gounion
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Re: Biden money trail

Post by gounion »

Drak wrote: Wed Dec 06, 2023 8:20 pm Look, Donald Trump is the one who ordered that Biden be impeached. There's nothing there, but they're going to anyway. They were ordered to. So they're going to impeach Biden for helping his kid buy a truck in 2018. Nothing illegal, and things normal people do. But that's what they're doing.

Republicans are all drinking serious amounts of lead. There's no other explanation for the insane stupidity we're seeing. Even on this board. It's just beyond dumb.
And whatever Trump wants, Glenn wants.
Glennfs
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Re: Biden money trail

Post by Glennfs »

gounion wrote: Wed Dec 06, 2023 8:29 pm And whatever Trump wants, Glenn wants.
You and drak rather than address the issue and the 21 pages and the money which went back and forth between Joe and James and the millions brought in from bogus jobs and the ghost companies set up by the Biden family.

You go with what about Trump and diversion and things like helped his son buy a truck.
None of which has to do with the question at hand.
I am guessing that there is nothing which would ever make you say an investigation is in order when the subject of that investigation is a democrat.
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