Republicans announced Friday that they had uncovered a “direct payment” to President Joe Biden — exactly the kind of evidence they’ve sought linking Biden to his family’s foreign business deals.
But the March 2018 payment came from Joe Biden’s brother James, not a Ukrainian oligarch or Chinese tycoon, and the check was marked as a “loan repayment.”
Still, House Oversight Committee Chair James Comer (R-Ky.), who obtained the records via subpoena, said the $200,000 check looks suspicious for the president.
“Does he have documents proving he lent such a large sum of money to his brother,” Comer said in a video, “and what were the terms of such financial arrangement?”
Who writes a personal check for $200,000? It’s been a really long time since I’ve written a check, but I think that 3rd ‘0’ would trigger my anxiety, I would start sweating on the 4th, and the 5th one would make me break down and cry.
It’s nothing to the rich, they lend each other what we consider crazy sums all the time but to them it’s not a big deal since they have more than they’ll ever need. Joe isn’t fuck you rich, but he’s certainly comfortable enough that floating a sibling a house worth of cash isn’t out of question
I didn’t know for sure but $200k sounded cheap for house money. I looked it up - the median home price in the us is about 350k. Jesus.
Not in 2017. I had to look it up, but the U.S. median home price in 2017 was $235,000.
200k gets you a pretty decent place in some parts of the country even today, but in 2017 it was a nice house in many parts of the country
That money is used as the down payment on a commercial loan.
To be fair, even middle class people lend or give each other big sums of money when it’s family. It’s hard to afford a down payment, pay for college, or start a business without help from family.
I wrote a $450K check when I bought my house.
We have a wealthy land owner over here. I bet they can even vote
I mean, I did it and quite a bit more when I bought a house. That down payment check was the largest I ever wrote.
I mean at Biden’s level you don’t. You call your financial advisor and have them shuffle money around and print the check.
They see 1,000,000 the way most folks see 1,000.