Biden BUSTED After Saying He Has No Savings

AUTHOR

June 25, 2014 6:31am PST

It’s truly an unfortunate notion that it doesn’t come as a shock anymore when a politician is discovered to be lying to the American people – and under the current administration its come to be what we expect. However, it seems that since Biden thinks he has a chance come 2016, he decided to intervene during the Hillary “dead broke” fiasco saying that he also has no savings.

Needless to say, it wasn’t long before the public discovered that was a lie.

Biden isn’t very much known for his suave appearance nor his smooth tongue, but trying to pass a bold face like “I have no savings account,” – well, sadly, as previously mentioned, it’s come to be what we expect. Instead of an honest politician being second in command, it turns out that Biden not only does have a savings account, but several.

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According to Biden’s official financial disclosure, Bloomberg writes:

The form the vice president signed May 12 shows calendar year 2013 holdings ranging from $1,001 to $15,000 in a U.S. Senate Federal Credit Union joint savings account, and the same in each of two checking accounts at Suntrust and M&T Bank. (MTB) It also shows a joint holding of less than $1,001 in a M&T Bank checking account.

Furthermore the documents clearly outlined his wife’s – and thus, his – savings accounts:

The vice president’s report shows his spouse’s holding of $50,001 to $100,000 in a Wilmington Savings Fund Society certificate of deposit, and $50,001 to $100,000 in a State of Delaware Deferred Compensation Fidelity Freedom Fund.

And that’s not all. Even more deeply hidden are a series of his wife’s tax-sheltered annuity holdings “with $1,001 to $15,000 invested in each of several funds”:

Invesco VI Global Health Care, Dreyfus IP Technology Growth, Guggenheim Investments High Yield, Janus Aspen Enterprise, Janus Aspen Janus Portfolio, Legg Mason Western Asset Variable Global High Yield Bond, MFS VIT Utilities, Guggenheim VT Styleplus Mid-Growth. It shows the same in each of three separate small-cap, mid-cap and all-cap Guggenheim funds and a Commonwealth of Virginia Cash Match Fund.

Who knows why Biden decided to play it off like he had no money, but the way in which he did it, made him out to be an even bigger brainless moron than we already thought him to be. Here’s a tip there Mr. Veep; if you’ve already disclosed the you have money, don’t say you don’t have any just a few months later – idiot.

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What do you guys think of this – is it more frustrating that he lied, or that he thinks he stands a chance at the oval office come 2016? Or perhaps that this nitwit is the current second in command of our country? Let us know in the comments below.

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