The Biden family’s alleged influence-peddling empire is reportedly crumbling, leaving them scrambling for financial stability as their access to power diminishes along with Joe Biden’s political career.
At a Glance
- Sources claim the Biden family is facing severe financial difficulties now that Joe Biden is no longer in a position of power
- Political analysts suggest “Biden Inc.” has collapsed as the family’s influence-peddling capabilities have diminished
- Former Biden business associate Devon Archer described Joe Biden as “The Brand” used for influence in various international business dealings
- House Oversight Committee has documented evidence alleging Joe Biden’s direct involvement in family business schemes
- Biden has reportedly hired a former Pentagon spokesperson to help manage his public image comeback
From Political Influence to Financial Turmoil
The Biden family is reportedly facing a financial crisis as their alleged influence-peddling operations have collapsed following Joe Biden’s exit from power. According to reports from sources familiar with the situation, the Bidens are struggling financially without the leverage that comes with holding high political office. This financial downturn has apparently prompted desperate attempts to rehabilitate the family’s image and secure new revenue streams, as their previous business model allegedly relied heavily on selling access and influence.
“I talked to someone very familiar with the Bidens, and I think they’ve pointed out something that I’m gonna say now, that to me, is the explanation, or at least part of the explanation, which is Biden Inc. has collapsed.”
Former White House Press Secretary Sean Spicer put it more bluntly, stating simply, “The grift is over.” This stark assessment suggests that without the presidency, the Biden family’s ability to leverage political connections for financial gain has been severely curtailed. The financial pressure may explain Biden’s reported efforts to secure post-presidency income through speaking engagements, book deals, and corporate board positions – traditional routes that former presidents often take but that may not be as lucrative for Biden as they were for his predecessors.
The Alleged Influence-Peddling Operation
The House Oversight Committee has compiled extensive evidence allegedly showing Joe Biden’s direct involvement in his family’s business dealings. This evidence includes claims that Biden spoke on speakerphone with his son Hunter’s foreign business associates over 20 times and attended meetings with foreign businesspeople connected to his son’s ventures. The committee’s findings suggest a pattern of behavior where Biden’s political position was leveraged to benefit family members financially.
One particularly notable allegation involves Biden dining with Russian and Kazakh oligarchs connected to Hunter Biden’s business ventures in 2014, while he was still Vice President. Additionally, the committee reports that Biden used the pseudonym “Robert L. Peters” in communications involving Hunter and Ukrainian energy company Burisma, raising questions about attempts to conceal his involvement. These activities reportedly continued throughout his vice presidency, with Hunter’s business associates visiting the White House over 80 times during this period.
Image Rehabilitation Efforts
Facing both financial and reputational challenges, the Biden family appears to be mounting a concerted effort to rehabilitate their public image. According to political analyst Mark Halperin, they’ve enlisted professional help for this endeavor. “There’s a story in Politico today that says they’ve hired the former Pentagon spokesperson to manage the Biden comeback,” Halperin noted, indicating a strategic approach to rebuilding public perception. This move suggests the family recognizes the serious nature of their current predicament.
The challenge facing the Bidens extends beyond mere public relations. Without the direct access to power that previously fueled their alleged business model, the family must now find alternative sources of income. Critics suggest that potential income from paid speeches, corporate board positions, and book deals may be significantly less than anticipated, as these opportunities were previously enhanced by direct political influence. The situation has led some observers to speculate that financial concerns may have influenced Biden’s earlier decision to seek a second term as president.
The Evidence Trail
The House Oversight Committee has documented multiple instances that they claim demonstrate Biden’s involvement in family business schemes. These include allegations that Hunter Biden referred to Joe as his business partner in emails and that the elder Biden attended a meeting with Chinese energy company CEFC. Perhaps most notably, the committee cites a text message from Hunter to his daughter claiming that Joe Biden took half of Hunter’s salary, which would directly contradict Biden’s repeated claims of having no knowledge of his son’s business activities.
Devon Archer, a former Biden business associate, provided testimony to investigators describing how Joe Biden was marketed as “The Brand” in business dealings. This characterization suggests Biden’s name and political position were the primary assets being sold to international business partners. An FBI form also allegedly documents claims that Biden engaged in an extortion scheme for $5 million, further complicating the family’s narrative as they attempt to move past these controversies and establish new financial foundations.
