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October surprise? Biden’s brother and crony capitalism

American_Jihad

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October surprise? Biden’s brother and crony capitalism

By: John Hayward
10/22/2012 01:55 PM

Print23Fox Business published a lengthy report Monday about Vice President Joe Biden’s brother James, who is a partner at a firm called Hill International. A subsidiary of Hill International recently landed a contract to build 100,000 homes in Iraq. The company would seem to have few obvious qualifications to win this incredibly lucrative bid, which would “generate $1.5 billion in revenues over the next three years, more than three times all the revenues Hill produced in 2011.”

Pretty much everyone interviewed in the story mentions political connections as a major factor in securing this big-bucks contract, particularly James Biden’s relationship with the Vice President. James Biden will get a minority partner’s cut of $735 million from the Iraq deal. Beyond the “access to senior levels of government” he affords, Biden doesn’t have particularly impressive qualifications:

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Also, the Obama campaign has made a big stink about how Mitt Romney conducted his private business matters, during his career with Bain Capital. Are billion-dollar contracts with the Vice President’s brother the Democrats’ idea of a clean, fair system in which “everyone plays by the same rules?”


October surprise? Biden's brother and crony capitalism | Conservative News, Views & Books
 

uscitizen

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LOL this kind of stuff made no impact on the right When the Bush crowd was doing it.
 

bripat9643

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LOL this kind of stuff made no impact on the right When the Bush crowd was doing it.

Examples? Don't mention Halliburton. Cheney's sold his stock in the company.
 
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American_Jihad

American_Jihad

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