Canada Free Press: In the final years of the Obama administration, Joe Biden’s net worth was estimated at -$947,987. The minus sign was the most important part of that figure. The negative numbers weren’t implausible. After Obama won, Biden disclosed that he was carrying as much as a staggering $465,000 in debt.
But despite being a million in the hole, after his administration was done, he moved into a 12,000 foot estate that looks like a poor man’s replica of the White House with 5 bedrooms, 9 bathrooms, a wet bar, 2 kitchens, a sauna, 8 fireplaces, parking for 20 cars and a master bedroom on an entire floor.
The estimated rent is $20,000 a month.
That’s in addition to buying a $2.7 million vacation home in Delaware and his original lakeside home.
Where did all that money come from? As with Bernie Sanders and Hillary Clinton, part of the answer lies with some very lucrative book deals. The same year that Biden moved into his miniature White House, Macmillan offered Biden and his wife a multi-book contract worth unknown millions. That was quite a lot of money for a retired veep who hadn’t even announced that he was running for again.
Biden’s previous literary adventures hadn’t exactly set the publishing world on fire. On taking office, Random House had paid him a $9,563 advance to record an audio version of Promises to Keep. The campaign book sold some 49,000 copies and netted under $200 in royalties in 2009.
No, there are no missing zeroes there. more
Can’t have too many bathrooms….. and a wet bar is an absolute necessity.
Cannot help thinking Publishing Houses are most of all, money launderers. Over the years liberal aligned Publishers have advanced mega millions to mega liberals for books unlikely to sell. And somehow liberal publishers keep losing millions and still stay in business. Hmmmmm….
John kerry, too.
Clinton as well.
Corrupt POSs.
Remember when the Pants-Dropper-An-Thief said “Ah never hada nickle when Ah wuz in the White House”? Him and that criminal business partner he calls a “wife” went from debt – fabulously wealthy practically overnight!!
Biden upcoming book title: “Where the light enters: Discovering myself”
Pure fiction.
Better title: Where the sun don’t shine: Discovering myself.
Don’t forget the lifetime of government perks the assholes all get!
Socialism (crime) pays.