Things look to be heating up for Joe Biden again, in the investigation into his family’s financial dealings. As we reported, the Chair of the House Oversight Committee, Rep. James Comer (R-KY), announced that they had found a “direct payment” of $200,000 that went to Joe Biden in 2018.
Comer breaks it down here, as he lays out the case for how Joe Biden “personally benefitted” from the use of his name.
It gets more interesting.
Now there’s a report that Joe Biden — the guy who always talked about how he was one of the poor senators — paid almost $2.75 million in cash for his Rehoboth Beach home in 2017. That’s the place where Joe has spent a lot of his endless vacation time, and it’s where he is again this weekend — as Americans are being attacked and held hostage in the Middle East.
Where would a poor public servant, who has spent virtually all his life in government, without any other job, get that amount of money to just plop down on a house like that?
Wait, it gets better.
And making the transaction even stranger it was within weeks of a highly questionable text that Hunter had sent to Henry Zhao, an associate at Chinese oil giant CEFC asking to seal a deal worth $10 million a year.
Remember the WhatsApp message?
I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled,’ Hunter wrote Zhao on WhatsApp on July 30, 2017.
Hunter was texting Chinese Communist Party official Henry Zhao
He then appears to threaten Zhao – who he calls Z.
‘Tell the director that I would like to resolve this now before it gets out of hand,’ he writes at 9.45 am.
‘And now means tonight,’ he adds, apparently referring to time in Beijing, which is 12 hours ahead.
‘And Z if I get a call or text from anyone involved in this other than you, Zhang or the chairman I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.
He signs off emphasizing: ‘Ok my friend – I am sitting here waiting for the call with my father. I sure hope whatever it is you are doing is very, very, very important.’
Meanwhile, the house was bought on June 8, 2017, for $2,744,001 – just seven weeks before the shakedown message. There was no mortgage for the property, and there were no records for a mortgage until December 2022, when Joe and Jill took out a $250,000 line of credit secured against the property.
The Daily Mail also claims that there’s a $5.2 million discrepancy between Joe Biden’s IRS filings and his Office of Government Ethics disclosures for the same period.
Between 2017 and 2019 he and First Lady Jill Biden reported $16.5million in gross income on their federal tax returns, released by the Biden campaign.
The vast majority came from their two companies, CelticCapri Corp and Giacoppa Corp, which they use for speaking and writing engagements.
But in Office of Government Ethics (OGE) fillings for the same period, Joe only reported $9.6 million in income for himself and his wife.
This should be fascinating for Joe Biden to explain, if they lay all of this out in the impeachment inquiry.