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SUBJECT:
Re: Biden Gets Humble About His Wealth | TIME
PRI: NORMAL
FROM:
S
smacklera@gmail.com
DATE:
2014-06-23 17:49:01
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<CAPudD-a6jrtbNdKjU3MmAc=3qUozbJ=BTMXTCKHa5_XigPh1pw@mail.gmail.com>
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TO:
E
Eric Schwerin
<eschwerin@rosemontseneca.com>
CC:
H
Hunter Biden
<hbiden@rosemontseneca.com>
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PROCESSED
Exactly. This is why people associate with JRB. "Sometimes we talk about this stuff about struggle. My struggle, my god, compared to where I grew up and the way people are trying to go through things. but here’s the point I want to make. I’ve been really, really fortunate.” On Mon, Jun 23, 2014 at 1:02 PM, Eric Schwerin <eschwerin@rosemontseneca.com > wrote: > > > > > Eric D. Schwerin > Rosemont Seneca Partners, LLC > 1010 Wisconsin Ave., NW > Suite 705 > Washington, DC 20007 > (202) 333-1880 > eschwerin@rosemontseneca.com > *P* *Consider the environment before printing this email.* > > http://time.com/2911893/joe-biden-savings-account-hillary-clinton-2016/ > > Biden Gets Humble About His Wealth The vice president falsely says he > doesn't own a single stock or bond, or have a savings account — but admits > that he's been "really, really fortunate" > > Vice President Joe Biden highlighted his meager finances—by Washington > standards—Monday at the inaugural White House Summit on Working Families, > but cast himself as “really fortunate” regardless. > > Highlighting the need to modernize family leave policies, Biden argued > that he was well off on account of generous family leave and benefit > policies afforded to or taken by him as a lawmaker, but said such benefits > must be expanded to all Americans. > > “I can speak a little bit from my own experience,” Biden said early in his > remarks. “Look at Biden, man. He’s got a mildly expensive suit on. He’s > Vice President of the United States of America, he makes—notwithstanding > that he’s listed as the poorest man in Congress—he still makes a lot of > money as Vice President of the United States. And I do by the way. And I > do. Don’t hold it against me that I don’t own a single stock or bond. Don’t > hold it—I have no savings account. But I’ve got a great pension and I’ve > got a good salary. For real. For real. Sometimes we talk about this stuff > about struggle. My struggle, my god, compared to where I grew up and the > way people are trying to go through things. but here’s the point I want to > make. I’ve been really, really fortunate.” > > Biden’s point is well taken. The former Delaware Senator and his wife are > worth between -$1,323,970 and $162,996 according to his 2013 financial > disclosure > <http://www.whitehouse.gov/sites/default/files/docs/vp_certified_278_cy2013.pdf> > released in May. But Biden was stretching the truth slightly. His financial > disclosure shows he does have a savings account valued between $1,001 and > $15,000, and his wife, Dr. Jill Biden, invests in mutual funds that own in > stocks and bonds. Biden’s 2014 salary is $233,000—more than four times the > median household income. > > In a possible, yet unlikely, 2016 contrast, Biden’s approach to talking > about his wealth differs substantially from former Secretary of State > Hillary Clinton, who has made repeated missteps when discussing her > vastly-larger fortune. > > Clinton claimed in an interview earlier this month to have been “dead > broke” upon leaving the White House, and in an interview with The > *Guardian* > <http://www.theguardian.com/world/2014/jun/22/-sp-hillary-clinton-interview-will-she-run-for-president-2016> > published this weekend, Clinton implied she and her husband were not among > the “truly well off,” despite millions in the bank and well over $100 > million collected in speaking fees alone over the past decade. > > “But they don’t see me as part of the problem because we pay ordinary > income tax, unlike a lot of people who are truly well off, not to name > names; and we’ve done it through dint of hard work,” Clinton said. > > -- Alexander Snyder Mackler (302) 598-867
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