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by tzs 2035 days ago
Who are the two billionaires? I had thought you were talking about the recent Presidential election in the US, but Biden is nowhere near a billionaire.

Almost all of his wealth came from his salary as a Senator (1973 until he became VP) and then his salary for 8 years as VP, plus Social Security starting in 2009 and also pensions. His net worth at the end of that was under half a million.

He's boosted that to somewhere in the $10-20 million range since leaving office, mostly from book deals for him and his wife ($8 million), speaking fees (basic fee is $100k, but it has ranged from $8k to $190k), and a professorship at the University of Pennsylvania's Penn Biden Center for Diplomacy and Global Engagement ($540k).

There's an article that goes into detail [1].

[1] https://www.forbes.com/sites/michelatindera/2020/10/22/how-t...

2 comments

Is the democratic and republican parties not two billionaire or more machines? So, pardon I should have been more clear.

If you choose to believe what your side tells is truth that's fine. I just have a different view and if i have money and want power i am going to use it either solo(ly) or collectively to get what I want. Look at what Peter Thiel did with his money cause of the axe he had to grind with Gawker. He paid for Hulk Hogan's legal defense to annihilate Gawker. I'm sure other money/power bags do similarly and lots in politics. So and for me that is why I believe all politics is mumbo jumbo spun up by billionaires to win; whatever it takes!

> boosted that to somewhere in the $10-20 million range since leaving office

that right there is unacceptable to me.

It’s unacceptable for a private citizen to make money writing books and giving speeches? Can you expand on this a bit? Why would this be a a problem?
Why? Are people with deep technical knowledge, both soft and hard, not allowed to profit from that knowledge? Can you point to some conflict of interest in writing a book, speaking, and being a professor while a private citizen? Are you just against capitalism?

The man spent his entire adult life in service to this country and never profited from it while in the act of that service, which you can't say for many of his colleagues.