It’s easy to point fingers until the fingers are pointing back at you. A number of different sources have shown that former VP Joe Biden may have closer ties to Ukraine than even he would prefer. With so many Democrats talking about Trump’s ties to Russia, this comes as quite a blow to Biden’s presidential campaign trail.
Biden’s Little Brother Raises Questions
Biden’s younger brother, James, seems to be causing a number of people to raise their hands and start to ask questions. At the same time that Joe Biden, as VP, was overseeing the US policy towards Ukraine, a donor with deep ties to Ukraine loaned James half $1 million for his vacation home.
It seems that James Biden had a few financial problems in 2015. When he was acquiring his multimillion-dollar vacation home, commonly referred to as “the Biden bungalow” in Collier County Florida, he ran into a few financial issues.
According to the property records in Collier County, Florida, the loan belonged to James and his wife Sarah. The home was located on Keewaydin Island and sat on 5 acres, including access to the beach. It was a six-bedroom, seven-bathroom home, complete with a guesthouse. A second mortgage was taken against the property in May 2015. That mortgage was secured with a $500,000 loan, which was received from corporate entity 1018 PL LLC, which was registered in Delaware only two months earlier.
Where did the loan come from?
What James Biden’s brother does with his money is no concern to American politics, right? This is where the investigation starts to show that the former VP has a history of relatives leaning on his political aptitude for money and other things. It seems that many of his relatives have benefited financially from being able to drop the “Biden” name.
At first, no one knew who was behind 1018 PL, simply because it wasn’t shown in the documents. However, the house was sold last February and the lender filed a mortgage release. This showed that 1018 PL was controlled by John Hynansky, a longtime donor to Biden’s campaigns as well as being a Ukrainian-American businessman.
A spokesman for James and Sarah Biden identified that Hynansky has been a longtime friend of the Biden’s. He provided a series of loans throughout a two-year period. While the Bidens were dealing with major renovations of their beach home. The spokesman also assured reporters that the debt was secured by James and Sarah’s primary residence and that a 6% interest was paid, prevailing above current market rates. What the spokesman didn’t answer was why the Biden’s would feel they need to receive financing from Hynansky as opposed to a traditional financial institution.
Ties to Hynansky
It’s possible to tie Joe Biden to Hynansky as far back as 1987. This is when the donor started cutting checks for Biden’s first presidential run, of $1000 each. No comment from Biden’s campaign was provided for this.
Hynansky certainly has ties to Ukraine, which can be just as dangerous – if not more dangerous, than having ties to Russia. Hynansky was born in Germany after his parents fled from Ukraine during World War II. He came to the United States in 1949 as a child, choosing to live in Delaware. He became a successful car dealer in the United States and then in post-cold war Ukraine. He quickly earned a reputation for being a tough negotiator. He has also been a considerable philanthropist for Ukrainian causes in the United States and Ukraine, underwriting for such organizations as hospitals, orphanages, and sports.
Hynansky and many of his relatives have donated to both Democratic and Republican causes. Biden’s campaign has been the largest recipient, bringing in approximately $100,000, including a 30 donation of over $30,000 to the Obama Victory Fund in 2008.
When Biden was a senator, his campaign would occasionally pay for him to use a private jet owned by Hynansky’s son. Neither of the Hynansky’s have chosen to comment about their ties to Biden. Biden and Hynansky have been so close over the years that he was even seated at a prominent table at Hynansky’s daughter’s wedding a few years ago.
With all of this information just coming out, it begs the question of what else Biden might be hiding. Being so close to someone who has very close ties to Ukraine, including operating businesses in and supporting organizations within the country is dangerous. With everyone pointing the finger at Trump with his connections to Russia, people need to be doing the same with Biden and Ukraine.