Skip to content

Joe Biden’s son-in-law’s firm benefited from COVID-19 PPP program

August 1, 2020

  A couple of weeks ago, after facing intense pressure, the President finally released the names of all the recipients of the PPP aid included in the $2 trillion COVID-19 stimulus package. This was in response to all of the claims that the Trump administration mishandled the money which was meant to help small businesses, and of course we found out that members of the Congress on both sides of the aisle reaped the benefits of the PPP program.

  One of the people who was most vocal over the handling of the money was non other than good ole creepy Uncle Joe Biden, who had this to say:

“It is unacceptable to have a small-business program that is leaving minority business owners out in the cold, or that firms with fewer than 20 employees received only about 20% of the money — even though they make up about one third of payroll,” Biden wrote.

  However it turns out–and I know this is going to shock you, but do not let it ruin your faith in the aristocracy–Joe Biden’s son-in-law was the beneficiary of hundreds of thousands of dollars despite being a $31 million firm.

Howard Krein, who is married to Biden’s daughter, Ashley Biden, and also serves as an informal advisor to the Biden campaign, is the chief medical officer of StartUp Health, which as of September 2018 had built up an investment portfolio valued at over $31 million. The firm received a PPP loan valued between $150,000 and $350,000 on April 12 to retain the jobs of 18 people, according to The Wall Street Journal.

  When I read this story a bell went off in my head, I was sure I had heard these names before and yep, I did. Joe Biden used his position as Vice-President to help launch this same healthcare company from the White House right around the time Obamacare was passed.

  It is just one thing after another with the Biden clan, if there is a way to profit off a position in the government you can rest assured Joe Biden has thought of it.

malo periculosam libertatem quam quietum servitium

12 Comments leave one →
  1. MaddMedic permalink
    August 1, 2020 8:08 am

    Shocked I tell you!! Shocked!!!

    Liked by 2 people

  2. hocuspocus13 permalink
    August 1, 2020 8:19 am

    It’s unfortunate that before We The People get a dime Nancy Pelosi and her gang must get their palms greased first

    Checks were ready to go out to the American People (2nd stimulus)

    $1200 and $3600 to families of 4 but Pelosi and Schumer stopped it until their families are friends get a [bigger] cut

    Liked by 3 people

    • lou222 permalink
      August 1, 2020 5:52 pm

      She will do a presser saying it is the Republicans that are to blame and her followers will believe her!

      Liked by 2 people

    • August 1, 2020 6:13 pm

      They always manage to take care of their own!

      Liked by 1 person

      • lou222 permalink
        August 1, 2020 9:39 pm

        I would love to know what they are investing in to get all their money they have at retirement….I mean they have to be investing, right? It has to be on the up and up and they report it to the IRS and all? Am I not understanding how this gets played? Maybe all of us went into the wrong business. I hear being a Congress-person pays well. Who knew! The Obamas and Clintons were broke when they left office, I want to meet their financial advisor! /s

        Liked by 3 people

      • August 2, 2020 6:51 am

        They just get lucky a lot with their investments! 😉

        Like

  3. August 2, 2020 2:14 am

    They’ve got to pay for their #Andrenochrome, ice cream, cake & top shelf BOOZE.

    Liked by 2 people

Trackbacks

  1. Links and Comments | Rockport Conservatives

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: