Cassius said:
He's dumb and a liar.
229 North Star Rdp_bubel said:Rachel 98 said:
I would love to see a map of his purchased property and the different tracts that he sold off which included his driveways. How can you not figure that out ahead of time?!?
chimpanzee said:Cassius said:
He's dumb and a liar.
The great thing about Biden is, you can find tidy examples that prove stuff like this out, such is the breadth of his career.
Case in point, he graduated 76th out of 85 in his law school class (dumb), but said publicly that he "ended up in the top half of my class" (liar). He barely squeaked into the top 90% at a law school currently ranked in a tie with Texas Tech's law school.
Cassius said:chimpanzee said:Cassius said:
He's dumb and a liar.
The great thing about Biden is, you can find tidy examples that prove stuff like this out, such is the breadth of his career.
Case in point, he graduated 76th out of 85 in his law school class (dumb), but said publicly that he "ended up in the top half of my class" (liar). He barely squeaked into the top 90% at a law school currently ranked in a tie with Texas Tech's law school.
I don't know anything about law schools. So that's really bad? I guess I'm asking if its not like graduating in the bottom 10% of rocket science school. I mean, you got in and are a rocket scientist, which means you are in the top 1% relative to everyone else, just not as smart as your fellow freaks.
although the lawyer that represented my ex-wife in our divorce... I thought "if she got through law school, then the bar is pretty low, at least for the school she went through anyway".
4 edits... lol i cant type anymore
Kind of depends on which law school one attended, even back then. The hardest thing about law school in my view, is completely changing your method of thinking and logic. It really is a hard reset. It is easier for some people to make that adjustment and some just never seem to able to grasp the concept. Well trained lawyers just think differently.Quote:
I don't know anything law schools. So that's really bad? I guess I'm asking if its not like graduating in the bottom 10% of rocket science school. I mean, you got in and are a rocket scientist, which means you are in the top 1% relative to everyone else, just not as smart as your fellow freaks.
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Mr. Biden's surprise win of a U.S. Senate seat at age 29 in the fall of 1972 meant the end of his brief foray in the private sector. He sold his law firm to his law school friend, Jack Owens, who would later marry Mr. Biden's sister, Valerie. The terms of the sale weren't disclosed.
Mr. Biden's wife and baby daughter died in a car crash in late 1972. A few years later, while on a Senate salary of $42,500, he sold the house on North Star and bought the DuPont mansion for $185,000. Financial advisers often suggest buyers shouldn't pay more than 2 times their annual income for a home, though many Americans do.
The house, dubbed "The Station," served as Mr. Biden's political hub for years, including during his short-lived 1988 presidential run. His aides saw him pump cash and time into keeping up the home and its grounds.
"Whatever he gets, the house eats for breakfast. That house loves cash," Richard Ben Cramer wrote in the 1992 presidential campaign book "What It Takes."
In 1996, Mr. Biden, by then married to Jill Biden and with a teenage daughter, sold The Station for his asking price, $1.2 million, to the then-vice chairman of credit-card company MBNA. Media analyses found the price was in line with other properties in the area.
Joe had too cozy a relationship with MBNA for decades. Seriously reminds me of the Countrywide mortgage scandal.Quote:
In 1996, Mr. Biden, by then married to Jill Biden and with a teenage daughter, sold The Station for his asking price, $1.2 million, to the then-vice chairman of credit-card company MBNA. Media analyses found the price was in line with other properties in the area.
The property was also bought from MBNA apparently.aggiehawg said:Joe had too cozy a relationship with MBNA for decades. Seriously reminds me of the Countrywide mortgage scandal.Quote:
In 1996, Mr. Biden, by then married to Jill Biden and with a teenage daughter, sold The Station for his asking price, $1.2 million, to the then-vice chairman of credit-card company MBNA. Media analyses found the price was in line with other properties in the area.
Paul Manafort, in part, cooled his heels in a federal penitentiary for a time over a real estate loan deal like that.
So it was a shady deal on both ends.p_bubel said:The property was also bought from MBNA apparently.aggiehawg said:Joe had too cozy a relationship with MBNA for decades. Seriously reminds me of the Countrywide mortgage scandal.Quote:
In 1996, Mr. Biden, by then married to Jill Biden and with a teenage daughter, sold The Station for his asking price, $1.2 million, to the then-vice chairman of credit-card company MBNA. Media analyses found the price was in line with other properties in the area.
Paul Manafort, in part, cooled his heels in a federal penitentiary for a time over a real estate loan deal like that.
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Biden did not create this system, but he used his influence to strengthen and protect it. He cast key votes that deregulated the banking industry, made it harder for individuals to escape their credit card debts and student loans, and protected his state's status as a corporate bankruptcy hub.
Biden's career in the Senate placed him on the wrong side of some of the biggest financial fights of his generation and brought him into conflict with some of the same rivals he faces today. If you want to understand how Biden became Biden, you have to understand how Delaware became Delaware.
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Delaware is a tiny state, and because it is tiny, it has had to get creative to survive. Small countries sell shipping rights, citizenship, and secrecy. Delaware offers an American variation of the samea legal and administrative sanctuary that allows businesses to do things there that they could not do elsewhere.
The foundation for the state's economy began with its 1776 constitution, which created a special venue for the handling of business disputes, called the chancery court. But Delaware's role as America's corporate epicenter traces back to 1899, whenwith the backing of the du Pontslegislators passed the General Corporation Law, allowing anyone in the United States who wanted to form a company in Delaware to do so. The number of corporations based in the state grew quickly, and when New Jerseythe OG of lax incorporation lawsdecided to crack down on trusts, Delaware welcomed the exiles.
The incorporation law made it easy to set up shop in Delaware, and the chancery court made it
convenient to stay. Companies knew they'd get a reliable pro-business forum for their disputes. Today, there are nearly twice as many Delaware-incorporated companies as there are Delaware voters, and incorporation fees constitute the second-largest share of the state's annual revenue.
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When the economy sagged in the late 1970s, the cash-strapped state began looking for ways to supplement its income. In 1981, it passed a new law, written by banking lobbyists and backed by DuPont, with the hopes of becoming, in the words of the governor who signed it (a du Pont, naturally), "the Luxembourg of the United States." While other states were setting caps on usury rates, Delaware told banks they could charge whatever they wanted in annual interest and late fees; the banks could also foreclose on debtors' homes if they fell behind on payments. The state even cut corporate taxes.
The result was a corporate gold rush. A dozen companies, including JP Morgan and Chase Manhattan (now JP Morgan Chase), opened offices in Delaware in the first year alone. By the late '90s, four of the five largest credit card firms in the country had set up in Wilmington, and the industry employed at least 35,000 people. The Company State had pulled off a lucrative turnaround.
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Biden supported a baby-step deregulatory effort in the early 1980s, and then, in 1994, he backed a very big one: the Riegle-Neal Interstate Banking and Branching Efficiency Act, which eliminated the remaining barriers to where banks could operate. The law passed with overwhelming bipartisan support and was fairly innocuous in some respects, codifying changes that were already happening at the state level. But it opened the floodgates to an era of corporate consolidation. Delaware's financial institutions got another big boost in 1999, when Biden voted for the Financial Services Modernization Act, which repealed the Depression-era Glass-Steagall law barring banks from owning securities and insurance businesses. By 2016, there were almost 5,000 fewer banks in the United States than there were two decades earlier, and the 10 largest firms controlled half of all banking assets.
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Late in Biden's 1996 reelection campaign, a consultant working for his Republican opponent pushed a troubling story: The senator had sold his home to an executive from the credit card company MBNA for double its appraised value. MBNA called the story "viciously false," and Biden pushed back hard enough that his opponent fired the consultant. True, he had sold his house to an MBNA executivebut at its appraised value. Not long after that, though, the company hired Biden's youngest son, Hunter, and the criticism stuck: Biden became, to his detractors, "the senator from MBNA." (Hunter's corporate affiliations have once again become an issue for Biden. His son's role on the board of a Ukrainian energy company while Biden oversaw the Obama administration's Ukraine policy has fueled corruption accusations and conspiracy-mongering by Republican critics; Donald Trump's effort to force Ukraine to investigate the Bidens is now at the center of the impeachment inquiry.)
aggiehawg said:
Had a client who was actually a homebuilder and more than familiar with real property law. His wife, who everybody affectionately called "The Boss" decided she wanted a pool in their back yard of their new house. My client told her to do whatever she wished and was not hands on during the planning and construction process.
Big mistake. Where she placed the pool, three feet of it was located on their neighbor's property. Neighbor sued and it cost a pretty penny to buy those three feet instead of tearing out the pool.
ETA: You would think Biden would learn his surveying lesson from the first time and not do the same thing thereafter.
Every time President Trump speaks a monitor running this clip should be placed behind him with a link to to clip prominently displayed.aggiehawg said:
Read that Mother Jones article I linked, supra. Delaware's elected leaders are really selected by their most powerful companies. Not a company town but instead is a company owned state. Biden's been in their back pockets the entire time.ballchain said:
- Dementia
- Plagiarizing
- Immoral
- Degenerate
- Flip Flopper
- Blatant habitual liar
- etc., etc., etc.
... and yet he's been voted in again, and again, and again for damn near 50 years. Made it to VP spot, and is running for President.
This is the world we live in.
I can't tell. Are you pro Biden?aggiehawg said:
Bump for the evening crowd. This is too funny to miss.
I have never suffered fools lightly.Fightin_Aggie said:I can't tell. Are you pro Biden?aggiehawg said:
Bump for the evening crowd. This is too funny to miss.
redcrayon said:Ag4coal said:
What the **** did i just read?
Joe Biden is a real estate mogul.
aggiehawg said:
Really? This guy is that stupid and few people care?
Rachel 98 said:
I would love to see a map of his purchased property and the different tracts that he sold off which included his driveways. How can you not figure that out ahead of time?!?
chimpanzee said:Cassius said:
He's dumb and a liar.
The great thing about Biden is, you can find tidy examples that prove stuff like this out, such is the breadth of his career.
Case in point, he graduated 76th out of 85 in his law school class (dumb), but said publicly that he "ended up in the top half of my class" (liar). He barely squeaked into the top 90% at a law school currently ranked in a tie with Texas Tech's law school.
