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avatar_DKG

Joe Biden KEEPS refinancing his home — here are FIVE shady reasons why that might be

Started by DKG, June 30, 2024, 10:42:41 AM

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DKG

Joe Biden and first lady Jill Biden have reportedly taken out several mortgages and refinanced their home 35 times.

A report has just been released by the Daily Mail that claims Joe and Jill Biden "have been using their Delaware house for fast cash."

The pair have reportedly refinanced their home 20 times with loans totaling $4.2 million since buying the $350,000 home. The Bidens borrowed a total sum of $6 million on their two properties and still have an outstanding $541,000 mortgage on their current Wilmington mansion nearly 30 years after the original purchase.

The Biden's have a reported net worth of $10 million that the president claims is from "book deals," so the constant refinancing is raising questions.

"There's no record of him ever getting payment except for the signing bonus because nobody reads the books," Glenn Beck says, confused.

While it's not likely Biden will give an honest answer as to why he's been constantly refinancing his home, ChatGPT has some theories.

Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity. This could help in justifying the large sums of money received and repaid.

"Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity. This could help in justifying the large sums of money received and repaid.

"Mortgage cycling can create a complex financial paper trail that makes it difficult for investigators to track the true source and destination of money. This can also help hide illegal financial financial activities," Glenn continues.

ChatGPT's number one reason for the president continuously refinancing his house is that "it can be a method to launder illicit funds."
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Biggie Smiles

But he never listed a legal expense as a legal expense on his financial records 34 times tho!!!!!!!!
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Brent

Quote from: DKG on June 30, 2024, 10:42:41 AMJoe Biden and first lady Jill Biden have reportedly taken out several mortgages and refinanced their home 35 times.

A report has just been released by the Daily Mail that claims Joe and Jill Biden "have been using their Delaware house for fast cash."

The pair have reportedly refinanced their home 20 times with loans totaling $4.2 million since buying the $350,000 home. The Bidens borrowed a total sum of $6 million on their two properties and still have an outstanding $541,000 mortgage on their current Wilmington mansion nearly 30 years after the original purchase.

The Biden's have a reported net worth of $10 million that the president claims is from "book deals," so the constant refinancing is raising questions.

"There's no record of him ever getting payment except for the signing bonus because nobody reads the books," Glenn Beck says, confused.

While it's not likely Biden will give an honest answer as to why he's been constantly refinancing his home, ChatGPT has some theories.

Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity. This could help in justifying the large sums of money received and repaid.

"Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity. This could help in justifying the large sums of money received and repaid.

"Mortgage cycling can create a complex financial paper trail that makes it difficult for investigators to track the true source and destination of money. This can also help hide illegal financial financial activities," Glenn continues.

ChatGPT's number one reason for the president continuously refinancing his house is that "it can be a method to launder illicit funds."

Joe Biden has spent over five decades in politics to make himself rich. He has done nothing for average Americans. Sorry, he started wars, and locked up black guys for life for misdemeanours.
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JOE

I don't think hes done anything wrong.

It just costs a lot of money to be in politics & keep up appearances especially if you're President of the United States.

Nixon got fined for $100,000 by the IRS.

Trump went bankrupt several times showing off his lavish lifestyle.

You have to be a high roller and act like it when yer in high office
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Garraty_47

Quote from: JOE on July 09, 2024, 11:24:09 AMYou have to be a high roller and act like it when yer in high office

Twaddle.
Pure unadulterated twaddle.
People who promote/normalize idiocy like that are part of the problem.

Just sayin'.
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Biggie Smiles

Quote from: JOE on July 09, 2024, 11:24:09 AMI don't think hes done anything wrong.

It just costs a lot of money to be in politics & keep up appearances especially if you're President of the United States.

Nixon got fined for $100,000 by the IRS.

Trump went bankrupt several times showing off his lavish lifestyle.

You have to be a high roller and act like it when yer in high office

The guy is washing his kick backs from Ukraine you fucking moron

What does a democrat have to do to convince you leftist idiots that their activities are in fact self serving and illegal ?
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Brent

Quote from: Garraty_47 on July 09, 2024, 12:41:22 PMTwaddle.
Pure unadulterated twaddle.
People who promote/normalize idiocy like that are part of the problem.

Just sayin'.
One hundred percent.