A few interesting things recently surfaced regarding the Biden family's on going corruption investigation conducted by the House of Representatives. Before you scream stop teasing me! Sorry, the Republicans didn't find a suitcase full of cash and gold bars with secret documents in the trunk of President Biden's Corvette's which is obviously the democratic corruption standard of the mainstream media and their fellow travelers.
"The inquiry was prompted when the committee received bank records showing that James Biden made payments of $200,000 and $40,000 from personal accounts to President Biden in 2017 after receiving money from business deals involving a financially troubled health care firm and a Chinese energy company."
Wait, the checks have "loan payment" in the memo. That absolutely absolves President Biden of any possible wrong doing. Duh! Wait, what? That's not how it works?
At the very best Joe's brother Jim and his wife Sara are simply paying back a personal loan with money pulled from one of their many corporate bank accounts, transferred to their personal checking account and then transfered to Joe Biden's personal checking account via the checks below. Nothing to see here folks move along.
No! You can't just move money from a corporate account, even an LLC, into your personal checking account without documentation and accounting for taxation.
Moreover, assuming these checks were indeed paying off actual loans from Joe wouldn't there be an original transfer of assets to Jim or Sara Biden at some point. To date this transfer hasn't been located. Sorry I'm NOT going to hold my breath for that evidence.
No initial transfers?
Well maybe the "business" made money (doing what?) that was supposed to go to Joe but didn't because Jim borrowed it? Maybe it didn't go to Joe because when it was "earned" Joe was Vice President Biden and that would have been a conflict of interests?
Anything is possible right?
Okay so this is nothing more than a classic tax avoidance scheme. I have a MBA and I've been working with small businesses for thirty years. For the last twenty I've taken annual money laundering classes for my insurance and investment licenses. My education and training indicate not only does this ongoing scenario perfectly fit the classic money laundering scheme it very well could become a case study.
All of this is being covered up by the Big Guy aka Joe Biden and "his" Administration. The saying the cover-up is worse than the crime really doesn't apply here because the crime of money laundering and tax evasion are actually serious crimes and typically involve significant jail time.
Set aside their "business" looks like pure influence peddling. Set aside the new media goal post being - Okay so the Biden's took money so what... Where is the "tat"? Set aside we actually have evidence of money transfers between family members. Set aside Trump was impeached for asking President Volodymyr Zelenskyy to investigate Joe Biden (tit) or Ukrainian aid was going to stopped (tat). Note: This actually happened but the Ukrainian government did know non-lethal aid had paused weeks before the call. They likely didn't know because the all important lethal aid, as in Javelin antitank missiles, continued unabated. Did Ukraine investigate Joe or Hunter? I don't think so. Also how did Trump know Joe was going to win the nomination a year plus in advance? It's crazy how Trump is wrong about everything but knew Biden was going to win the nomination even before he announced his candidacy.
If not proof of corruption, we now have tangible, fairly easy to understand tax avoidance and money laundering evidence. The real question will the IRS go after any Biden? Will the Justice Department go after any Biden? Will the mainstream media go after any Biden? Seriously, is there any scenario that the Biden's will be investigated let alone prosecuted?
Nope!
So what's going to happen?
I think it will involve something like... Joe Biden, post Democratic National Convention, issuing pardons and the stepping down. Kamala Harris takes over, pardons Joe and someone other than Kamala Harris (aka Gavin Newsom) is "selected" by the Democratic Leadership (the super delegates) to be "their" candidate for President in 2024. Yet again proving the Dems don't really believe in the democratic process of voters actually selecting their candidates aka Bernie Sanders.
PS I'm fairly sure the IRS wouldn't be fooled by the words "Loan Repayment" to hide income from taxation. However, 97% of Democrats and their media coat hangers clearly are being fooled. Nothing to see here folks move along...