Sunday, June 30, 2024

Why has Biden refinanced his two homes 35 times?

 Al Ritter


At first glance you might think that Biden treats incurred debt in his personal life the same way he treats the national debt (just kick the can further down the road.) Enter Chat GPT an artificial intelligence algorithm that has come up with some serious reasons why the Bidens might be doing this.

In an article written in the Daily Mail it’s claimed that the Bidens have refinanced the Wilmington property 20 times reaping $4.2 million on the initial $350,000 price. Between the Wilmington property and the Rehoboth Beach property, they have received over $6 million with a mortgage of $500,000 still left on the Wilmington property.

Their first home in Wilmington which has since been sold and was the topic of discussion because of a shady deal by then President of MBNA.

When questioned, ChatGPT has some rather interesting ideas on why this is being done, but here’s the spoiler alert, every single reason is nefarious.

My past article on Biden’s house deal from 2008:

https://alspoliticalview.blogspot.com/2008/08/senator-from-mbna.html

I’ll let the following article and video explain it better than I can:

https://www.theblaze.com/shows/the-glenn-beck-program/biden-home-refinancing?tpcc=email

https://www.youtube.com/watch?v=PR7y8nNVH4k&t=27s

https://www.msn.com/en-us/money/realestate/jill-and-joe-biden-have-been-using-their-wilmington-house-as-an-atm/ar-BB1oNqhQ

6 comments:

Rudydee-t said...

Really strange, where is all the money going ? Black mail ? I doubt the criminal fraternity he mixes with would be interested in small change (to them) It is all rather odd....... I think he has millions hidden prob gold in safety deposit boxes, no trace....(unlike banks)

Larrythegunny2014 said...

It's going to take years of forensic financial analysis to unravel this cluster, by then he will be laughing in his grave and the rest of his family will be enjoying the fruits of his corruption :(

MeWall said...

By refinancing his house he is able to money launder his criminal monies in with his refinance. Monies are fungible

Terri o said...

Definitely need to look into Biden's history with MBNA! Who has six life insurance policies? SMH

Mike Y said...

Money laundering

Justaviewer said...

Cocaine is expensive?