Before His Illicit China and Ukraine deals, Joe Biden lived high off the Campaign Hog

From Oct. 1, 2008:
An Everyman on the Trail, With Perks at Home. NYT.

For the millions of voters getting to know him, Senator Joseph R. Biden Jr., the Democratic vice-presidential nominee, portrays himself at times as an average guy who takes the train to work, frets about money and basically has led a middle-class life.

“Ladies and gentlemen, your kitchen table is like mine,” Mr. Biden said when Senator Barack Obama introduced him as his running mate. “You sit there at night after you put the kids to bed and you talk, you talk about what you need. You talk about how much you are worried about being able to pay the bills.”

Mr. Biden certainly can trace his roots to the working-class neighborhoods of Scranton, Pa., and Claymont, Del., where he was raised. But these days, his kitchen table can be found in a 6,800-square-foot custom-built colonial-style house on four lakefront acres, a property worth close to $3 million.

Although he is among the least wealthy members of the millionaires club that is the United States Senate — he and his wife, Jill, a college professor, earn about $250,000 a year — Mr. Biden maintains a lifestyle that is more comfortable than the impression he may have given on the campaign trail. A review of his finances found that when it comes to some of his largest expenses, like the purchase and upkeep of his home and his use of Amtrak trains to get around, he has benefited from resources and relationships not available to average Americans.

As a secure incumbent who has rarely faced serious competition during 35 years in the Senate, Mr. Biden has been able to dip into his campaign treasury to spend thousands of dollars on home landscaping and some of his Amtrak travel between Wilmington, Del., where he lives, and Washington. And the acquisition of his waterfront property a decade ago involved wealthy businessmen and campaign supporters, some of them bankers with an interest in legislation before the Senate, who bought his old house for top dollar, sold him four acres at cost and lent him $500,000 to build his new home.

There is nothing to suggest Mr. Biden bent any rules in the sale, purchase and financing of his homes. Rather, he appears to have benefited at times from the simple fact of who he is: a United States senator, not just “Amtrak Joe,” the train-riding everyman that the Obama-Biden campaign has deployed to rally middle-class voters.

“He was a V.I.P., so he was treated accordingly by the bank,” said Ronald Tennant, a former loan officer who handled the mortgages Mr. Biden used to build his house. The bank did not give him a below-market interest rate, a perk that has caused embarrassment for some other members of Congress. But, Mr. Tennant said, “We paid particularly close attention to make sure everything came out right.”

Mr. Biden’s campaign said that he neither received special treatment nor offered any to the people he has dealt with in real estate and banking, and that he had not left a misleading impression of his wealth with voters. The senator, said David Wade, his spokesman, “has never forgotten where he came from, or how he grew up, and those middle-class values motivate his work for the middle class.”

“He appreciates,” Mr. Wade continued, “that with his income as a senator he has been blessed to live comfortably, provide for his family, send his kids to college, and have the home his family dreamed of.”

As for the payments by Mr. Biden’s campaign committee, Citizens for Biden, his aides insisted they were not used to cover the senator’s living expenses, which would be illegal. Election lawyers said that the law does not spell out all the ways an officeholder could benefit personally from the use of campaign money, and that regulators are generally reluctant to challenge the justifications campaign committees use.

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