Tag: biden

Hunter Biden: Stanford associate.

Welcome to Washington.

Now, that’s Hunter Biden, corporate lobbyist and former Amtrak vice-chair, not Beau Biden, former state attorney general – and widely-assumed heir-in-exile to his father’s Senate seat, just as soon as they can have the formality of an election in 2010. Heaven forbid that you get these two scions of a good working class family mixed up, or something.

Speaking of getting mixed up in something, hey!

A fund of hedge funds run by two members of Vice President Joe Biden’s family was marketed exclusively by companies controlled by Texas financier R. Allen Stanford, who is facing Securities and Exchange Commission accusations of engaging in an $8 billion fraud.

The $50 million fund was jointly branded between the Bidens’ Paradigm Global Advisors LLC and a Stanford Financial Group entity and was known as the Paradigm Stanford Capital Management Core Alternative Fund. Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, according to a lawyer for Paradigm. Paradigm Global Advisors is owned through a holding company by the vice president’s son, Hunter, and Joe Biden’s brother, James.

Continue reading Hunter Biden: Stanford associate.

Obama gives Biden the Stimulus.

Well, at least it isn’t foreign policy.

(Via Hot Air Headlines) Why, what could possibly go wrong?

Obama Taps Biden to Oversee Stimulus Package Implementation

President Obama has turned to his own vice president to oversee implementation of the $787 billion economic stimulus package, part of which will be available this week for state Medicaid programs.

Obama announced his decision before the National Governors Association in Washington on Monday, saying Vice President Joe Biden will help ensure the distribution of the money is not just swift, “but also efficient and effective.”

“The fact that I’m asking my vice president to personally lead this effort shows how important it is for our country and future to get this right,” he said.

Well, that, or it shows how important it is for your administration and your future to make sure that what is not going to be a universally beloved program six months from now – to put it mildly – is publicly linked with chains of unbreakable steel to, well, Joe Biden. However, I don’t think that you’ve made it clear enough that you don’t want to be tied to this sucker. May I suggest a moat filled with burning gasoline and maybe some apotropaic symbols burned into the walls?

Moe Lane

Crossposted at RedState.