Today we’re talking about the ongoing questions surrounding a financial move made by President Joe Biden back in December. Now, you may be asking yourself, why is this important? Well, let me tell you, this is just another example of the lack of transparency from the Biden administration. And with the ongoing investigations into his son Hunter’s questionable business activities and his own classified document controversy, the timing and reason for this move are suspicious, to say the least.
Now, what happened was this – Biden obtained a $250,000 line of credit on his Delaware beach house, but we still don’t know why or what he needed the money for. This development occurred at the same time when investigations into his son Hunter’s questionable business activities were intensifying, and concerns persisted regarding his own classified document controversy.
Let me tell you, this is something serious. Last month, our friends at Fox News reported that Biden signed documents on December 5th to secure a variable rate line of credit on his Rehoboth, Delaware beach house from M&T Bank. The loan was publicly disclosed for almost a month, but the White House communications team has declined to answer any questions from the media regarding the purpose or rationale behind the President’s decision to obtain the loan.
Now, you may wonder why is this a big deal? Well, let me tell you – this is another instance of limited transparency from the administration. The Western Journal noted that while the White House acknowledged the existence of the loan, they have declined to provide any further details upon being pressed for additional information. In a recent instance, Karine Jean-Pierre, Biden’s press secretary, was asked about the loan while aboard Air Force One, but instead of providing an answer, she referred the question to another department within the administration.
Can you believe that? They can’t even give us a straight answer! This is not how a transparent administration should operate.
Now, 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.
And that’s not all. 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. The classified document controversy arose just a year after Biden publicly criticized former President Donald Trump for storing documents illegally at his Florida residence, and five years after he stated in an interview that he lacked access to classified documents.
This is outrageous, folks. To date, the FBI has conducted searches at four different locations, including Biden’s two Delaware residences, his Washington D.C. office, and the archives of his papers at the University of Delaware, in search of classified documents that may have been illegally held. The extent of the documents discovered at these locations has not been fully disclosed.
The discoveries forced Attorney General Merrick Garland to appoint U.S. Attorney Robert Hur as special counsel in mid-January to investigate Biden’s handling of the classified documents. This is a serious matter, and the American people deserve answers.
But that’s not all. Amidst ongoing scrutiny regarding Hunter’s questionable multimillion-dollar business dealings, the president is facing additional scrutiny regarding the recent loan. These concerns come as the Republican-led House of Representatives initiates investigations into Hunter’s financial and tax records.
Republicans have initiated numerous investigations, many of which are based on banks filing “suspicious activity reports” related to Hunter’s foreign business dealings. Those reports pertain to various business transactions in China, Ukraine, and several other countries.
Let me tell you, folks, Hunter is also facing allegations of violating U.S. disclosure laws by failing to register as a foreign government representative, thereby breaching the Foreign Agents Registration Act.
“With all these questions and investigations swirling around them, Joe and Hunter have earned another dubious honor. In the history of our federal government, they are the first father-and-son duo to be under federal investigations at the same time and for separate violations of federal laws,” notes the Western Journal.
Sources: ConservativeBrief, WesternJournal, FoxNews
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