Tom Brokaw Calling Out Joe Biden Son Hunter’s Corruption In 2008
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[Tom Brokaw Calling Out Joe Biden Son Hunter’s Corruption In 2008]
The Biden Pick: Scrutiny of Biden Focuses on Lobbyists Ties, Family lobbyists, lawyers and law firms since 1989, according to the nonpartisan Center for Responsive Politics…
Biden’s candidacy also is bringing new scrutiny to his family’s business dealings, especially those of his son Hunter, 38 years old.
Wall Street Journal
Sue Schmidt and John Wilke
August 25, 2008
[Thomas John Brokaw:] Source: LYBIO.net
“Biden’s candidacy also is bringing new scrutiny to his family’s business dealings, especially those of his son Hunter, who is 38 years old.” And that’s a reference to your son being hired right out of law school by a big company here in Delaware that is in the credit card business, MBNA. He got about $100,000 a year, as I recall. You received $214,000 in campaign contributions from the company and from its employees.
At the same time, you were fighting for a bankruptcy bill that MBNA really wanted to get passed through the Senate, making it much tougher for everyone to file bankruptcy. Senator Obama was opposed to the bill. Among other things you couldn’t, in fact, claim that you had a problem because of big medical bills. You voted against an amendment that would call for a warning on predatory lending. You also called for – you opposed efforts to strengthen the protection of people in bankruptcy.
This has been an issue that you’re heard about before. Your son was working for the company at the same time. In retrospect, wasn’t it inappropriate for someone like you in the middle of all this to have your son collecting money from this big credit card company while you were on the floor protecting its interests?
[Joseph Robinette Biden Jr.:] Source: LYBIO.net
Absolutely not. My son graduated from Yale Law School. The starting salary in Wall Street is $140,000 a year if you want to lawyer. Options he had. He came home to work for a bank. Surprise, surprise, number one.
Number two, this is the second largest employer in the state. All the contributions added up make up less than 2 percent of the contributions I’ve received. Number three, I blocked the bank–first three bankruptcy bills that the credit card companies wanted. I would not support a bankruptcy bill until they did three things. They put women and children first. Every single social welfare agency relating to alimony and child support supported this bill. Eight-five senators supported this bill. So try as people might to make to this out.
You want to know whether or not I am in the pocket of the corporate lobbyists, which makes it apply–sounds like it’s right here. Ask the people in the industry here how happy they are. How happy the DuPont company is with me and the Hercules Corporation that I would not sign on the asbestos bill. How happy they are with me–look, the fact of the matter is, that I have had an entire career that no one has every questioned whether or not anybody has influenced me, number one. No group has ever, ever been involved with more than–contributing more than 2 percent to my campaign. I’m listed as the 98th or 99th of the 100 poorest guy in the Senate in terms of net worth. I have a 35-year career of actually, of being viewed, at least in my state, as being independent. And so you can take individual votes and you can talk about them, but they’re totally out of context, Tom.
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Tom Brokaw Calling Out Joe Biden Son Hunter’s Corruption In 2008. In retrospect, wasn’t it inappropriate for someone like you in the middle of all this to have your son collecting money from this big credit card company while you were on the floor protecting its interests? Complete Full Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.