The gift that keeps on giving - Hunter Biden

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Official transcript from the White House:

Press Briefing by Press Secretary Jen Psaki and Council of Economic Advisers Member Jared Bernstein, February 5, 2021
12:50 P.M. EST
MS. PSAKI: Good afternoon. We have another special visitor and guest with us here today. The January jobs report, which we all saw came out this morning, is disappointing and underscores the need to act swiftly to deliver immediate relief to American families. The bottom line is our economy is digging out of a hole worse than the depths of the Great Recession at a crawling — and moving at a crawling pace.

Gee - the last guy in office didn't have any problems with the jobs numbers.
Such bad numbers so soon in the new administration? I can only imagine what next fall is going to bring.

Anyway:

Q: And the third — the third more meaty question, if I could just follow up on a quote from the President in December. He said, quote, “My son, my family will not be involved in any business, any enterprise that is in conflict with or appears to be in conflict, where there’s appropriate distance from the presidency and government.”

Just recently, there were reports that the President’s son still owns a 10 percent stake in the Chinese investment firm formed with state-owned entities. Do you have an update on the divestment from that investment?

MS. PSAKI: He has been working to unwind his investment, but I would certainly point you — he’s a private citizen. I would point you to him or his lawyers on the outside on any update.

Tip of the hat to The Epoch Times for the link to this little question and, of course:

Hunter Biden didn’t respond to a request for comment from The Epoch Times.

And a bit more:

George Mesires, the lawyer who represents the president’s son, said in an Oct. 13, 2019 statement that Hunter Biden intended to resign from the BHR board of directors on or by Oct. 31, 2019.

Business records show Hunter Biden left the board of directors on April 20, 2020.

However, he still holds a 10 percent stake via his company, Skaneateles LLC.

Hunter Biden is the sole beneficial owner of Skaneateles LLC, according to Washington, D.C. corporate records obtained by the Daily Caller.

The president told CNN’s Jake Tapper that his family would refrain from foreign business to avoid conflicts of interests.

“My son, my family will not be involved in any business, any enterprise that is in conflict with or appears to be in conflict, where there’s appropriate distance from the presidency and government,” he said during the Dec. 3, 2020 interview.

Pay to play.  They can not give money directly to Joe - that would be too obvious.  Instead, they give it to his kid and "the big guy" (here, here and here for starters) takes his cut.

And, from FOX News, the icing on the cake:

Hunter Biden, family move into $5.4M Venice, Calif. home
Hunter Biden and his family reportedly have moved into a pricey home in Venice, Calif.

Biden, 51, moved into the $5.4 million canal-front, three-story property toward the end of last year with his wife, Melissa, and their 10-month-old son Beau, the Daily Mail reports. They are under 24-hour protection by the Secret Service.

Must be nice - it will be interesting to see how they fare when it all comes tumbling down.

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This page contains a single entry by DaveH published on February 6, 2021 1:06 PM.

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