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Tag Archives: Hunter Biden

Matt Gaetz Holds Nothing Back Describing Hunter Biden’s Drug Abuse

The Florida Republican went through some of the history of Hunter Biden, the degenerate son of former Vice President Joe Biden, during today’s House Judiciary Committee impeachment hearing.

He said:

An essential element of the Democrats’ case on abuse of power is that the Bidens did nothing wrong. It can only be an abuse of power and not a correct use of power if the president was pursuing something under which there was no reasonable basis to ask a question about Hunter Biden and Burisma. Hunter Biden and Burisma, well, that’s an interesting story. And I think just about every American knows there’s something up with that.

I don’t want to make light of anybody’s substance abuse issues. I know the president’s working real hard to solve those throughout the country. But it’s a little hard to believe that Burisma hired Hunter Biden to resolve their international disputes when he could not resolve his own dispute with Hertz rental car over leaving cocaine and a crack pipe in the car.

Again, I’m not casting any judgment on any challenges someone goes through in their personal life, but it’s just hard to believe that this is the guy wandering through homeless encampments buying crack who was worth $86,000 a month to Burisma Holdings.

Of course, after he brought all this up, the Democrats and their notetakers in the press said Gaetz’s description of Hunter Biden was a case of “the pot calling the kettle black” since Gaetz was arrested as a young man and given a DUI. The charges were later dropped.

There is absolutely no comparison between Gaetz’s history and that of Hunter Biden, a rampant drug and alcohol abuser who has found all kinds of scammy ways to make money and is currently the subject of a paternity suit.

And yet the press is reporting “pot calling the kettle black” as if it’s serious.

Hunter Biden Benefitted from Government Program Touted by His Father, Joe

How about investigating Joe Biden’s role in this? It’s a second time, in addition to getting rid of the Ukraine prosecutor, that he appears to have been in a position to use his role as vice president to help his hopeless son.

According to the Washington Examiner:

An investment firm linked to Hunter Biden received over $130 million in federal bailout loans while his father Joe Biden was vice president and routed profits through a subsidiary in the Cayman Islands, according to federal banking and corporate records reviewed by the Washington Examiner.

Financial experts said the offshore corporate structure could have been used to shield earnings from U.S. taxes.

Rosemont Capital, an investment firm at the center of Hunter Biden’s much-scrutinized financial network, was one of the companies approved to participate in the 2009 federal loan program known as the Term Asset-Backed Securities Loan Facility, or TALF.

Under the program, the U.S. Treasury Department and the Federal Reserve Bank issued billions of dollars in highly favorable loans to select investors who agreed to buy bonds that banks were struggling to offload, including bundled college and auto loans.

According to federal records, 177 firms participated in TALF, many of them well connected in Washington or on Wall Street. For investors, there was little risk and a high chance of reward. The Federal Reserve funded as much as 90% of the investments. If the bonds were profitable, the borrowers benefited. If not, the department agreed to take over the depreciated assets with no repercussions for the borrowers.

What a deal! You can’t lose! And guess who was behind the program.

Joe Biden was a key advocate for the financial bailout, which was approved under the Bush administration and expanded under President Barack Obama. He delayed his Senate resignation in January 2009 to cast his final vote to increase funding for the Troubled Asset Relief Program before taking office as vice president.

“These guys are not the most likable guys in the world,” Biden said about the banks and hedge funds aided by the government intervention. “But here are the facts … Had we not bailed out the largest bank institutions in the world, there would have been a flat-out depression.”

One of the firms that benefited was Rosemont Capital, a company led by Hunter Biden’s business partners, Chris Heinz and Devon Archer. The firm received the loans at a crucial time for Hunter Biden. The younger Biden had stepped down from his lobbying business in late 2008, reportedly due to pressure on his father’s vice presidential campaign.

Bernie was not happy.

“How can my constituents in Vermont get some of that money? Who makes the decisions? Do you guys sit around in a room — do you make it? Are there conflicts of interest?” Sen. Bernie Sanders asked Federal Reserve Bank Chairman Ben Bernanke at a March 3, 2009, Senate hearing. “Do you have to be a large, greedy, reckless financial institution to apply for these monies?”

Joe Biden Has a New Grandchild . . . DNA Test Proves

Hunter Biden is a bottomless pit of trouble for Joe Biden. Science has just pulled an illegitimate grandchild out of the pit.

According to the Washington Examiner:

Joe Biden, the 2020 Democratic candidate, can welcome a sixth grandchild into his family after a DNA test confirmed that his son Hunter was the father of an an Arkansas “Baby Doe.”

The new family member marked a second landmark for Biden on Wednesday, who also turned 77.

Testing found “with scientific certainty” that Joe Biden’s son fathered the child, according to a motion filed Wednesday. He “is not expected to challenge the results of the DNA test or the testing process,” the filing said.

“Baby Doe’s paternal grandfather, Joe Biden, is seeking the nomination of the Democratic Party for President of the United States of America (he has already filed for the March 2020 Arkansas primary). He is considered by some to be the person most likely to win his party’s nomination and challenge President Trump on the ballot in 2020,” the filing added. 

The court document also said members of the Biden family were eligible to be protected by Secret Service. 

Biden, 49, agreed to take the paternity last month after 28-year-old Lunden Roberts claimed he was the father of her one-year-old child. Biden has publicly denied he was the father, but Roberts said Biden had admitted otherwise to her in private.

Obama Golfs with a Lobbyist!

Well, a lobbyist by trade, anyway.

Hunter Biden, who is golfing today with President Obama and his dad, Vice President Biden, stopped lobbying in 2008 once it became clear this would become a problem for the Democratic ticket, which had a zero-lobbyist policy.

The young Biden, according to Politico, had “an office near K Street, a blue-ribbon roster of clients, and his firm, Oldaker Biden & Belair, made $1.76 million in lobbying revenue in the first half of 2006.”

And then he “got clean,” as they say of Democrats who stopped lobbying for the sake of The One. I’m sure Hunter will never touch the stuff again.

Also on hand today is White House trip director Marvin Nicholson, a regular Obama golf companion.

This is the 97th time Obama has been golfing as president and the fifth time this year.