realestate | He is the Commander in Chief of Cash.
President
Joe Biden and First Lady Jill Biden have treated their various Delaware
real estate holdings like a personal ATM for years, taking out several
mortgages and refinancing a whopping 35 times, according to the New York Post.
The
couple, said to boast a net worth of $US10 million ($A15.01), allegedly
borrowed $US6 million on the properties over the decades.
The
wheeling and dealing dates back to the late 1970s — shortly after Joe
and Jill were married. The pair have negotiated new mortgage or credit
deals approximately every 17 months, the Daily Mail reported. The
frequent refinancing has raised eyebrows.
“It doesn’t make a lot of sense unless they were desperate for cash,” a finance expert commented to the outlet.
The revelations add a layer of intrigue as the President faces scrutiny over his family’s financial past.
The
Bidens’ current residence, a mansion purchased in 1996, still has an
outstanding $541,000 mortgage nearly three decades later, records show.
The
president’s previous Wilmington home, bought in 1975 for $US185,000 and
offloaded in 1996 for $US1.2 million, had 15 mortgages and lines of
credit attached to it before being sold to the vice chairman of credit
card company MBNA, Delaware’s largest employer, which reportedly hired
Hunter Biden that same year.
“Why would anyone view their home as an ATM?” LA realtor Tony Mariotti, founder of RubyHomes.com, asked the Daily Mail.
munkdebates | Be it resolved, ending the world’s
worst geopolitical crisis in a generation starts with acknowledging
Russia’s security interests.
By any measure, the Russian
invasion of Ukraine represents a profound security risk for the world.
It raises fundamental issues about the basic principles that underwrite
the current international order and it threatens the specter of an
entrenched, high-risk Great Power conflict. How is this fast-evolving
crisis best addressed? Does it demand a resolute and relentless push by
the West to punish, isolate and degrade Putin’s Russia economically,
politically and militarily? Or is a solution to be found in
acknowledging Russia’s security needs and finding ways to mutually
de-escalate the war, sooner not later? Which of these different
strategies stand the best chance of success? And how ultimately is this
conflict best resolved?
Janice Gross Stein, the Founding Director of the
Munk School of Global Affairs & Public Policy at the University of
Toronto, will moderate the panel discussion portion of the debate.
The debate video is available to our Curator and Supporter Members. To view the video, log-in to your member account and go Russia-Ukraine War Debate pagehere.
Summary: Michael McFaul was in Toronto yesterday for the Munk Debate: Russia-Ukraine War,
with Stephen Walt, John Mearsheimer v Michael McFaul, Radosław
Sikorski, the resolution being debated was Yay/Nay "ending the world's
worst geo-political crisis starts with acknowledging Russia’s security
interests", For those who don't follow the Munk debates, about 4 yrs ago
there was a similar debate with Stephen Cohen where the Munk debates
reversed the results when they came out "wrong". Anyhow the Munk
debates made sure to pepper the results well in advance this time with
an 63% nay vote (ok, well if your not willing to acknowledge Russia's
security interests to stop a war, that can ONLY mean you want to
continue the war in the hopes of "winning" the war against Russia).
Anyhow, I bring this up because McFaul was a hysterical mess during
the debate, talking over the other debaters, interrupting them,
shouting, at one point he even said that YES, US diplomats lie to other
nations (ok Michael, then why the hell should Russia believe YOU when
you give these worthless security assurances!) McFaul looks like he
realizes that the US's ambitions in Ukraine are collapsing and he's
hoping for a miracle to save them. But listening to these people (even
Mearsheimer) makes it obvious how out of touch all of them are with the
global situation. Globalism is dead, Russia will never reintegrate with
the West, the theft of the 300 billion dollars, will not be forgiven or
forgotten, what most people dont remember is that this is the 2nd time
in 100 yrs where the West has seized Russia's foreign reserves, they did
it before after the Russian Revolution and it took more than 60 yrs
before Russia was willing to trust the West with their money again. How
long will it take this time, 80 yrs, 100yrs? But listening to these
"experts" they talk as if once Russia is expelled from Ukraine and Putin
is removed from power, Russia will beg to be integrated into the West.
No, Russia and the West have undergone a bitter divorce and never again
the twain shall meet.
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