Democrat President Joe Biden’s finances are under increased scrutiny, forcing the White House and other members of the administration to embarrass themselves in public by dodging more questions and covering up for more nefarious and potentially corrupt moves by the despicable, lifelong government employee.
Biden, who has been a tax-payer burden as a public servant for almost half a century, has accumulated and lost a great deal of wealth while also making a number of poor public policy mistakes.
And he has failed miserably in managing his own and his family’s advantages and disadvantages. Despite this, he has remained a pillar of the Democrat Party and a favorite of Democrat voters, regardless of what he or his family members have been discovered doing.
The action garnering media attention this week occurred in December, and he is reportedly seeking a huge quantity of money for something.
It is unknown when or why Biden secured a line of credit for $250,000 against his Delaware beach property. Fox News stated lately that the development came as inquiries into his son Hunter’s dubious business practices continue to escalate and as questions grow surrounding his own secret document scandal.
Fox News reported last month that Biden signed paperwork on December 5 to get a variable-rate line of credit on his Rehoboth, Delaware beach property from M&T Bank, utilizing the home’s $2.74 million equity. Despite the fact that the loan has been publicly disclosed for nearly a month, the White House communications team has refused to answer questions from the media regarding the purpose or rationale behind the President’s decision to obtain the loan. This is yet another example of the administration’s lack of transparency, according to the Western Journal.
When asked for further information, the White House acknowledged the existence of the loan but failed to disclose any specifics. According to a story, Biden’s press secretary Karine Jean-Pierre was asked about the loan while aboard Air Force One, but instead of offering an explanation, she forwarded the subject to another administration agency.
The article was picked up by RNC Research and emphasized in a recent tweet:
"Biden secured a $250,000 line of credit against his Delaware beach house amid a probe into his son Hunter Bidens' tax affairs and in the midst of his own classified documents scandal – a financial move that remains a mystery."https://t.co/qEsvJJpNQp
— RNC Research (@RNCResearch) March 3, 2023
Biden’s Press Secretary has the job of covering for the clown show that is the Biden administration. Carmine Sabia, from Conservative Brief, reported on the story with all the details:
“Yeah, I saw reports on that,” Jean Pierre said about the situation. “I would just refer you to the White House Counsel’s Office.”
But that office also has refused to provide answers, the Western Journal noted, adding:
The Delaware beach house is the same property that Biden spent more than $500,000 in taxpayer funds building a wall around to protect him from outsiders.
The barrier was started early in his presidency at exactly the same time he was still bragging about how he had canceled the construction of walls on our southern border that had been started by President Donald Trump.
The beach house is also one of the sites recently searched by the FBI after it was shockingly discovered that Biden illegally stored classified government documents in his Wilmington, Delaware, garage and at his former Washington office. CONTINUE READING…