Biden: “I Don’t Own a Single Stock or Bond”, has 11 Investment Funds

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.


Joe-Biden4-e1344975840431

Can Democrats running in 2016 give the fake class warfare a rest? First Hillary claimed that she left the White House broke (and bought two mansions) and that after making $100 million she’s not truly well off.

Now, never one to let his foot leave his mouth for too long, Joe Biden had to jump in and cry poverty.

Hoping to establish credibility with the audience, which was gathered to discuss ways to improve working conditions for working families, Biden reminded people that he used to be the poorest member in Congress (in reality, the poorest member of the Senate) even though he now makes “a lot of money” as vice president ($230,700) and had “a mildly expensive suit on” for the event.

“Don’t hold it against me that I don’t own a single stock or bond,” Biden said. “I have no savings account but I got a great pension and I got a good salary. For real.”

But Biden’s financial disclosure for the year 2013, which was filed last month, shows that he has both a savings account and 11 different investment funds.

CBS describes that as “understated his personal financial situation just a tad”. Lying like crazy might be more accurate.

This isn’t the first time Joe Biden pretended to be middle class… because he only makes around $400k a year.

Biden suggested Tuesday in remarks to the National Council of La Raza in Las Vegas, puts him squarely in the middle class:

“For middle class folks like me and most of you, owning a home is maybe the single most consequential element of our existence to be able to provide for our families.”

Sure, sure. Biden is just getting by.

In Philadelphia on Wednesday, Biden stoked passive-aggressive resentment of the 1 percenters. “The wealthy,” he sniveled. “God bless ‘em,” he snarked. “I wish my kids would become wealthy,” he sighed.

Meanwhile here’s what some of Poor Joe’s even poorer relations have been up to.

Hunter Biden now fronts Eudora Global, “a uniquely organized growth and acquisition firm focused on purchasing and accelerating the development of high potential enterprises in industries that meet its selective investment profile.”

James Biden isn’t a big name in the business of residential housing development, so what exactly qualifies him to work at a construction company and share in the winnings of a $1.5 billion project to build affordable homes in Iraq?

Vice President Joe Biden’s brother and son ran a fund of hedge funds marketed by companies controlled by disgraced Texas billionaire R. Allen Stanford, who faces massive fraud accusations, the Wall Street Journal reports.

The $50 million fund was jointly branded between the Biden family’s Paradigm Global Advisors LLC and a Stanford Financial Group entity and was called the Paradigm Stanford Capital Management Core Alternative Fund, according to the report published Monday in the Wall Street Journal.

No stocks and bonds to see here. Just middle class folks.

  • glpage

    It’s all semantics, he doesn’t own a single stock or bond, he owns a lot of them. /sarc

  • Habbgun

    Every urban machine politician says the same thing. I’m not into money but I can’t help it if money is into me. *giggle giggle*

  • Pete

    Why do I vehemently dislike VP Biden? Because he is a lying sack of SH__!

    Because Joe Biden does not directly owns stocks and bond but only indirectly own them he soothingly tells us that he is one of the little people?

  • Judahlevi

    Let’s not forget Biden’s plagiarism which he used in speeches as well as academic papers. This is not a smart man.

    Obama picked him as VP hoping that Biden’s foolishness made him look better. Maybe it is just me, but Biden still looks a little better than Obama.

  • cxt

    Hard to rail against the rich elite when you are one of them.

    If I recall correctly the Lefty/Dems had more really rich folks than the Con/Repubs

    • Tom von Mises

      I notice, too, that the left rich got there, by and large, on cronyism, the right got there mostly on entrepreneurship. The right is overwhelmingly “middle class”.

  • james ha

    but most importantly, how does this affect the jews?

  • Ryan

    The Bush, Cheney, Biden, Obama, ALL of them should not own a thing. It should all be taken from them and given to their VICTIMS. The Troops, the Civilians, that they killed and maimed. The TAXPAYERS they robbed. Make them PAY BACK that which they stole. FIVE deferments to Dodge the Draft and then Biden has sucked the Taxpayer’s teat all his life …… Biden ONLY SERVES HIMSELF.

    • Tom von Mises

      Try that all again when you graduate from junior high school.

  • HettyT

    Creative lying; they do it so well.

    • objectivefactsmatter

      A lifetime of practice.

  • cacslewisfan

    Incredible. How is it possible to lie this way? I couldn’t live with myself! Plus, the thought of being exposed as a fraud would drive me crazy, I would be so ashamed. But how do you shame that which has no shame? Biden, Hillary and Bill, Obama, Pelosi, etc are really not like the rest of us. Maybe they were born that way, maybe they became that way via a lifetime in politics. I think they are actual sociopaths.

    • hrwolfe

      Get Dennis Prager’s current column and you will see how.

  • pete-unlinked

    boy, whoever jojo got to take and pass the bar exam for him REALLY got into him, didn’t they?? his just can’t afford anything
    whoa boy, good thing jojo married smart woman that makes doctor money