Sunday, June 29, 2025

The Biden Enterprise Is Broke

The most recent news from the Bidens is that the white-shoe firm Winston & Strawn is suing Hunter to recover $50,000 in unpaid bills. For a firm like that, $50,000 is de minimis, so I'm a little puzzled, except that it probably shows the firm no longer sees any benefit at all to writing the money off as a lagniappe for the Bidens.

This comes on the heels of Kevin Morris's family cutting him off after he "loaned" Hunter $6.5 million to cover legal fees.

I think this is also directly related to Joe's last-minute pardons for his brothers and sister, their spouses, and not least, Hunter, saying "he wanted to prevent them from being targeted by 'baseless and politically motivated investigations'". The real meaning is there's no longer any money in the kitty to finance their lifestyles, much less pay their lawyers.

The Biden boodle has never been anything more than smoke and mirrors. Hunter and Joe's siblings prospered based on the idea that any money people lost in blue-sky deals with them could be made up in favors from Joe, which never quite materialized. Meanwhile, Joe himself seems to have been giving them money in addition to what they could snatch from their marks, all of it on the basis that it would one day pay off big, whixch it never quite did. Kevin Morris is not unique.

There's also a difference between the Bidens and the Clintons, who were able to enrich themselves after leaving the White House broke, that due to the legal bills they faced after Bill's impeachment. They were able to get book deals and speaker fees, as well as Hillary's ability to attract money and favors, first from being in the Senate, then from being Secretary of State, and then from being about to be probably president.

There's no such continuing potential with the Bidens. Joe's memory is so badly shot that any book he could get ghostwritten would have no insight, no anecdotes, no insider revelations worth reading. Any attempt to put him on the speaker circuit has already proven laughable. Dr Jill's star appeal has faded, such as it ever may have been, and any new book would just be ghostwritten bromides. Hunter has already written his tell-all.

The question is why anyone ever thought the Bidens were worth the investment. This piece suggests that even the putative "coverup" if Biden's mental decline was actually delusional trust in Biden's abilities by his staff:

A cover-up, as we’ve understood the term to mean since Watergate, involves deliberately hiding something you know to be true. Biden’s closest advisers, however, were operating in a fog of delusion and denial; they refused to believe what they could see with their own eyes. Despite the president’s obvious cognitive decline, they had convinced themselves that he was fine. Their failure to recognize, up close, what everyone else could see from afar—that Biden was too feeble to run for reelection at the age of 82—led to a political disaster.

. . . Mike Donilon, Biden’s senior adviser and confidant, who was with him more than almost anyone, swears he never saw the president mentally diminished. So unless someone produces a failed neurological exam--or a deep-sixed Parkinson’s diagnosis--this was not a classic cover-up but a case of collective denial among Biden, first lady Jill Biden, and the president’s closest aides. Out of a desire to cling to power or just wishful thinking, they believed what they wanted to believe.

I'm wondering if the whole Biden enterprise was anything other than a confidence game. It sure took a long time for the bubble to burst.

posted by test @ June 29, 2025   0 Comments