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Old 09-03-2008, 06:11 PM   #1 (permalink)
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Which V.P. Family is Worse?

Ok a 17 year old pregnate girl or this? Not hearing the big hullabaloo over this stuff. Must be because the media wants to see and is doing all they can to insure a Obama/Biden win.
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Biden's Son, Brother Named in Two Suits
By Kimberly Kindy and Joe Stephens
Washington Post Staff Writers
Sunday, August 24, 2008; Page A09
A son and a brother of Sen. Joseph R. Biden Jr. (D-Del.) are accused in two
lawsuits of defrauding a former business partner and an investor of millions
of dollars in a hedge fund deal that went sour, court records show.


The Democratic vice presidential candidate's son Hunter, 38, and brother
James, 59, assert instead that their former partner defrauded them by
misrepresenting his experience in the hedge fund industry and recommending
that they hire a lawyer with felony convictions.


The legal actions have been playing out in New York State Supreme Court
since 2007, and they focus on Hunter and James Biden's involvement in
Paradigm Companies LLC, a hedge fund group. Hunter Biden, a Washington
lobbyist, briefly served as president of the firm.


A lawsuit filed by their former partner Anthony Lotito Jr. asserts in court
papers that the deal was crafted to get Hunter Biden out of lobbying because
his father was concerned about the impact it would have on his bid for the
White House. Biden was running for the Democratic nomination at the time the
suit was filed.


Hunter Biden was made president with an annual salary of $1.2 million,
despite his inexperience in the hedge fund industry, the lawsuit said.
Before that, he had been part of the Washington law firm Oldaker, Biden &
Belair, which earned $1.76 million in lobbying revenue in the first half of
2006, according to Congressional Quarterly's CQ MoneyLine. One of its
biggest clients is the National Association of Shareholder and Consumer
Attorneys, a District-based group representing law firms specializing in
investment and corporate law.


Hunter Biden is one of many children and relatives of prominent members of
Congress who have made their careers as lobbyists. He returned to lobbying
after less than a year with Paradigm.


Lotito's lawsuit alleges that James Biden called him in January 2006 to
arrange a job for Hunter Biden. It says James Biden told him that his
brother (Sen. Biden) "was concerned with the impact that Hunter's lobbying
activities might have on his expected campaign for the 2008 Democratic
presidential nomination," and, "Biden told Lotito that, in light of these
concerns, his brother had asked him to seek Lotito's assistance in finding
employment for Hunter in a non-lobbying capacity."


Lotito does not provide any direct evidence of the senator's involvement and
offers no witnesses to the assertion.


The campaign of Sens. Barack Obama and Biden declined to comment on the
case, referring questions to Nicholas Gravante Jr., a lawyer representing
Hunter and James Biden. Gravante said assertions that Joseph Biden told his
brother he was concerned about his son's lobbying are "absolutely false."


"This lawsuit has nothing to do with Joe Biden, and there is absolutely no
truth to those allegations," Gravante said. "It is a business dispute
between former partners. The suit is baseless."


Brian C. Wille, an attorney for Lotito, said the lawsuit alleges no
wrongdoing by Sen. Biden, only that his concerns set in motion the business
deal.


"There was a concern that Hunter Biden's role as a lobbyist would have an
impact on the senator's proposed presidential run," Wille said. "That's what
James Biden told Mr. Lotito. . . . Was it true? Who knows? There is no
allegation the senator was involved in any of these events."


In an affidavit, Hunter Biden said his father had nothing to do with the
deal and that it is Lotito who swindled the Bidens.


He said Lotito lied about being a "fully licensed and accredited securities
professional" with hedge fund experience.


In addition, he said Lotito recommended a lawyer to vet the business deal
who was under investigation and was ultimately convicted on several felony
charges of conspiracy and wire and mail fraud in a scheme to steal millions
from a computer company.


In the hedge fund business deal, Lotito and the Bidens created a company
called LLB Holdings USA and together agreed to pay $21.3 million for 54
percent interest in Paradigm.


In the lawsuit, Lotito said that soon after creating LLB, the Bidens crafted
a "secret deal" to create their own company that was designed to buy out his
shares in Paradigm for a low rate, to which he agreed. He said he knew
nothing of the secret deal until later and now believes he was defrauded out
of millions of dollars and his share in the company.


In the second lawsuit against the Bidens, which was filed in June, Lotito is
also named as a defendant. Stephane Farouze, now an executive with Deutsche
Bank, seeks $10 million, saying the Bidens and Lotito promised to buy his
shares in the hedge fund company but reneged.
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Old 09-03-2008, 06:37 PM   #2 (permalink)
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Re: Which V.P. Family is Worse?

I don't see what the big deal is with the girl being knocked up. She isn't the only one having sex at 17. If I had to guess I would say at most 10% of the kids I graduated high school with were virgins. I guess I just got lucky not to have a kid on the way when I was that age. Even if you use protection it's not 100%. Plus who can honestly say they watch their kids 24/7? Some the parents that think they have their kids on lock down and they aren't out doing anything are the main ones doing it. Kids sneak out at night and everything else. This is nothing new.
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Old 09-03-2008, 06:40 PM   #3 (permalink)
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Re: Which V.P. Family is Worse?

The media is making a big deal out of it. Layoutshooter
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Old 09-03-2008, 07:31 PM   #4 (permalink)
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Re: Which V.P. Family is Worse?

17 is the age of consent in most of the country - end of story.
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Politics is a game of engagement

In order for you to change something you don’t like, to change something for the betterment of your country or to change just for the need of change, you must be involved, engaged and vocal.


So don’t blame me if Congress passes laws that affect you, your family or your rights

Be Engaged!
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Old 09-03-2008, 08:59 PM   #5 (permalink)
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Re: Which V.P. Family is Worse?

Yep it is, I think it's 16 in Mich. I also am under the impression that Biden himself is being investigated for something or another. I tried to look it up but several links don't seem to be working. MMMMMMMMMMM A Vast Left Wing Conspericy??????? Would be easy since ALGORE invented the internet. He most likely programmed in a "virus" to kill sites that slam left wingers. Layoutshooter
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Old 09-03-2008, 09:44 PM   #6 (permalink)
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Re: Which V.P. Family is Worse?

I'm closer to Gov.Palin's daughter's age than I am the Gov.'s age so I don't feel bad in saying what I'm about to say. I can't honestly blame her boyfriend for what he did. My girlfriend when I was 17 wasn't that pretty and I still almost had an "uh-oh". That girl is like 6 or 7 years younger than me so don't call me a perv. You got to remember I'm still a young man, not some old geezer. lol There are some 18 year old girls at the college that make me chant in my head "you're married,you're married, you're married". I guess we all have that happen to us from time to time. I figure as long as I don't act on some random impulse I will be ok and out of trouble when I get home.
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Old 09-03-2008, 11:42 PM   #7 (permalink)
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Re: Which V.P. Family is Worse?

By his own admission, Obama was a wasted pothead when he was that age - doing drugs, not going to class, etc. Could he have fathered any children before he got married??? Nah, not a chance.
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Old 09-03-2008, 11:46 PM   #8 (permalink)
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Re: Which V.P. Family is Worse?

Would love to find that out. Layoutshooter
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Old 09-04-2008, 04:36 AM   #9 (permalink)
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Re: Which V.P. Family is Worse?

Quote:
Originally Posted by arkjarhead View Post
I don't see what the big deal is with the girl being knocked up. She isn't the only one having sex at 17. If I had to guess I would say at most 10% of the kids I graduated high school with were virgins. I guess I just got lucky not to have a kid on the way when I was that age. Even if you use protection it's not 100%. Plus who can honestly say they watch their kids 24/7? Some the parents that think they have their kids on lock down and they aren't out doing anything are the main ones doing it. Kids sneak out at night and everything else. This is nothing new.
Maybe she is to busy with her carreer to watch over her children..........
Really though it is no secret any time someone mentions Christain standards the media watches them like hawks..Might have a small part in tearing down society
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Old 09-04-2008, 10:42 AM   #10 (permalink)
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Re: Which V.P. Family is Worse?

No different with the Osama Obama's, they both work. What happened in the Pawlin family has happened to families as long as I have been around them. Tell you one thing though, I have known few families that are being investligated like the Biden family is and the Obama familiy should be. Layoutshooter
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Old 09-04-2008, 05:07 PM   #11 (permalink)
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Cool Re: Which V.P. Family is Worse?

We are learning today Sara was going to try and have the wedding very quickly,but that loathsome (he looked so cute on the stage) boyfriend would not go along with it.The Enquier got the story first,and oh well,she had to spring the truth before the blessed event could take place at the court house.Tell tale of the real agenda: First hide it then bring it out in all it's wonderful glory before the Enquier breaks it.
Thank God for a free press.
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Old 09-05-2008, 12:42 AM   #12 (permalink)
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Re: Which V.P. Family is Worse?

In truth they all discust me equally
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Old 09-05-2008, 01:06 PM   #13 (permalink)
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Re: Which V.P. Family is Worse?

TalCal101, 1. there was no crime, 2. I bet you know a family in the same fix, I do, members of my own family. 3. Sarah did not knock up her daughter. 4. Are you looking at the possible crimes the Biden family is being investigated for? 5. Joe Biden himself might be investigated. No one has been found guilty of anything as yet so we go on looking and all are innocent till proven guilty. As to horny teens, not a national issue. Bribery, corruption etc is. All parties are good at that. No lack of scuz in politics. Only place you will find more slime is in sewer pipes. I look at ideas. Any idea that includes government control loses. Layoutshooter
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Old 09-07-2008, 04:24 AM   #14 (permalink)
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Re: Which V.P. Family is Worse?

Quote:
Originally Posted by layoutshooter View Post
TalCal101, 1. there was no crime, 2. I bet you know a family in the same fix, I do, members of my own family. 3. Sarah did not knock up her daughter. 4. Are you looking at the possible crimes the Biden family is being investigated for? 5. Joe Biden himself might be investigated. No one has been found guilty of anything as yet so we go on looking and all are innocent till proven guilty. As to horny teens, not a national issue. Bribery, corruption etc is. All parties are good at that. No lack of scuz in politics. Only place you will find more slime is in sewer pipes. I look at ideas. Any idea that includes government control loses. Layoutshooter


Interest,,,,,when I was in High School their was a cheer leader who got knocked up.. I believe it was in 1977 we were both in 10th grade.Made her about 16 or so..Her Slavic/Catholic parents pulled her out school and home schooled her..actually his her..I would think to hide the shame of back then? Fast forward to 2008 and Christain, Conservative, parents parade the out of wedlock pregnant daughter all over for the world to see..30 years time...My how things have changed..As stated earlier I am discusted with the demos and repubs all quite equally
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Old 09-07-2008, 09:38 AM   #15 (permalink)
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Re: Which V.P. Family is Worse?

Well TheBeemer, for once we agree with something, both parties are discusting. I think that we have become to casual about out of wedlock prenancy and sex in general but that is my opinion. We did not have the hugh numbers of un-wed/single moms when I was a kid. Crime was much too. I believe it was lower because a much higher percentage of kids were raised with the benifit of a two parent family. Just my opinion. I know the ultra-left does not believe this, but so what, they don't believe I am smart enough to take care of myself either. Layoutshooter
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