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Around Obama White House, Biden Known as the Sheriff

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Joe Biden, the 47th vice president of the United States, was the featured guest for the Tom Johnson Lectureship at the LBJ Presidential Library on Tuesday, Oct. 3, 2017. LBJ Library photo by Jay Godwin

One has to wonder why former VP Joe Biden, likely the Democratic frontrunner for 2020, hasn’t explained or has not been asked to explain how son Hunter got a seat on the board of Burisma, the corrupt Ukrainian energy company.

For seven-figures.

Keep in mind, writes Bill Thomas in American Greatness, Biden was the previous administration’s anti-corruption “watchdog” in Ukraine, which was a regular beneficiary of U.S. aid and loan guarantees.

In 2009, Joe Biden was assigned by the Obama Administration to make sure every dollar in the $831 billion stimulus—officially the American Recovery and Reinvestment Act, otherwise known as “porkulus”—went to private sector “shovel-ready” jobs repairing the nation’s infrastructure.

President Obama warned at the time that anyone thinking of ripping off the stimulus had better think twice with Joe Biden on the job.

“To you, he’s Mr. Vice President . . . Around the White House, we call him the Sheriff, because if you’re misusing taxpayer money, you’ll have to answer to him,” President Obama cautioned.

Under Sheriff Joe the stimulus produced a record payout to Democrat-friendly groups, from government employee unions (more than three-quarters of the jobs supposedly “created or saved” by the stimulus were in federal, state, and municipal government) to green-energy flops (tens of billions of dollars went to now-bankrupt companies, such as the infamous Solyndra).

Biden Brags about Withholding $1 Billion Loan Guarantee to Ukraine?

In 2018, speaking to the Council on Foreign Relations, Biden bragged about the time he held up a $1 billion loan guarantee until Ukrainian authorities fired a state prosecutor then looking into Burisma. The prosecutor was soon canned and the loan guarantee secured.

Looks like having Hunter Biden on the board paid off.

Read more here.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.