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Hunter Biden Was on Payroll of Credit Card Company that Benefited from 2005 Bill Pushed by Dad
Breitbart ^ | Oct 20, 2020 | Edwin Mora

Posted on 10/20/2020 6:05:28 PM PDT by Brookhaven

Hunter Biden got a five-year gig starting in 2001 worth at least half a million dollars with credit card company MBNA Corporation when his-then U.S. senator father, Joe, was pushing for passage of bankruptcy legislation that ended up benefiting his son’s employer.

After it became law in 2005, the year that Hunter’s work for MBNA ended, the Bankruptcy Abuse Prevention and Consumer Protection Act made it difficult for Americans to get rid of credit card and student aid debt when declaring bankruptcy.

The bill pushed by now Democrat presidential nominee Biden ultimately helped the MBNA Corporation, one of the largest members of the credit card industry at the time, and reportedly helped fuel the student debt problem. It made private student loans one of the ten debts that cannot be forgiven during bankruptcy.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: biden; huner; loans; student
Joe Biden sparked the student loan crisis.

And, it was done due to a corrupt bargain with a bank.

1 posted on 10/20/2020 6:05:28 PM PDT by Brookhaven
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To: Brookhaven

What skills DOESN’T Hunter have?
* Banking
* Energy
* Private Equity

The guy is a genius. And he gets paid so much for what he knows.


2 posted on 10/20/2020 6:08:46 PM PDT by ProtectOurFreedom ("Inside Every Progressive Is A Totalitarian Screaming To Get Out" -- David Horowitz)
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To: Brookhaven

Hunter must have snorted over a billion dollars worth of blow in the past 15 years.


3 posted on 10/20/2020 6:09:37 PM PDT by Kahuna
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To: Brookhaven

But the slob still couldn’t afford child support...


4 posted on 10/20/2020 6:10:02 PM PDT by gov_bean_ counter (In this circus called the Democrat Party, Biden is the monkey and Harris is the organ grinder...)
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To: Brookhaven

Joe Biden sparked the student loan crisis.
And, it was done due to a corrupt bargain with a bank.
//

The man is so corrupt.


5 posted on 10/20/2020 6:13:53 PM PDT by snarkytart
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To: Brookhaven
Because Arkancide is no respecter of state lines.


6 posted on 10/20/2020 6:16:39 PM PDT by Grampa Dave (The line that separated Satire, Democrats and Stupidity has vanished. (thanks to jonascord)!)
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To: Brookhaven
This is all true. Hunter was given a management position at MBNA in Delaware after graduating Yale Law School in 1996.

Hunter then left MBNA and went to work for the Clinton administration's Department of Commerce - working under Bill Daly, brother of Chicago's Mayor.

Then, in 2001, Hunter got together with Biden's campaign manager, William Oldaker, and formed Oldaker, Biden, and Belair.

This firm was involved with issues around Native American tribes - which is where the whole Oglala Sioux bond hoax had its origin in terms of contacts. Hunter should be in prison for that. Jason Galanis is heading there.

Also, in 2006, Hunter got together with James Biden (Joe's brother) and bought Paradigm Capital Management. Hunter was the Chairman. This company was associated with Stanford Capital Management, who performed one of the nation's largest ponzi schemes.

Hunter left everything in 2008, right when Joe got named as the VP selection for Obama.

That gets us to the time period where Joe was VP and John Kerry was SOS after Hillary.

Believe it or not, the Chinese loved Kerry! They considered Hillary too hawkish - believe it or not...

7 posted on 10/20/2020 6:27:25 PM PDT by politicket (Don't remove a Bernie Sanders bumper sticker. It's the only thing holding the car together!)
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To: snarkytart

Here are two alleged Biden quotes from BrainyQuotes

“Corruption is a cancer: a cancer that eats away at a citizen’s faith in democracy, diminishes the instinct for innovation and creativity; already-tight national budgets, crowding out important national investments. It wastes the talent of entire generations. It scares away investments and jobs.”

“Fighting corruption is not just good governance. It’s self-defense. It’s patriotism.”

Read more at https://www.brainyquote.com/authors/joe-biden-quotes

These quotes did not age well..... Trump should incorporate them in his rallies and in the debate and let the factcheckers do their thing.


8 posted on 10/20/2020 6:35:57 PM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: Brookhaven
Under President Heel Up this would all disappear in a heartbeat.
9 posted on 10/20/2020 6:44:52 PM PDT by Gay State Conservative (Thanks To Biden Voters Oregon's Now A Battleground State)
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To: Brookhaven

l8r


10 posted on 10/20/2020 7:45:16 PM PDT by preacher ( Journalism no longer reports news, they use news to shape our society.)
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To: Brookhaven

Hunter being hired by the bank isn’t much different than Chelsea Clinton being hired by NBC for $600K a year. All he had to do was stay clean and show up for work at these various institutions. He could have been a 7 figure corporate attorney by now and nobody would care..


11 posted on 10/21/2020 3:20:56 AM PDT by EVO X
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To: Brookhaven
Longtime Biden legal counsel and lobbying ally William Oldaker assisted Hunter with this, while he and Hunter were being employed by Equifax, which was one of Biden's top donors.
12 posted on 10/21/2020 5:48:08 PM PDT by Fedora
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