The SHOCKING theory of why the Bidens keep on refinancing their home

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Editor's Note: This article was originally published on TheBlaze.com.

The Daily Mail published an astonishing article, finding that Joe and Jill Biden have refinanced their Delaware properties an unbelievable 35 times, including taking out multiple mortgages on those homes.

The article says that “the couple have had a habit of negotiating a new mortgage or credit deal on both homes every 17 months,” borrowing a total of $6 million on both of their Delaware properties, even though there's still an outstanding $541,000 mortgage on their current three-bedroom, 4.5-bath Wilmington mansion nearly three decades after they bought it.

How on earth does this make sense since the Bidens have a reported net worth of $10 million?

A financial expert told the Daily Mail that “it doesn’t make a lot of sense unless they were desperate for cash.” If they have $10 million, why are they so desperate for cash? Why would they need to be using their homes, as the Daily Mail says, "as an ATM"?

The article points out that "the revelation comes as questions grow about the president's involvement in his son Hunter's shady business dealings with Chinese oil giant CEFC and other foreign entities.” Is this another way that the Bidens laundered money in addition to what the House Oversight Committee has discovered thus far?

The writer of the article says Biden’s net worth is from book deals. However, there are no records of him ever getting payment from book sales except for the signing bonus — because nobody reads the books.

So, why does he need all this money? Why does he need all this cash? I could be missing something — after all, I'm not ChatGPT, so I don't have all the information at my digital fingertips.

That's why I decided to ask ChatGPT what's going on.

I told ChatGPT that I'm writing a television show about a president who is mortgaging his home over and over again and relayed some important information, such as how the president has received loan repayments — even though there is no record of any loans in his name — and how he repays these loans to his family, and the family repays loans to him.

This is what ChatGPT came up with. It gave me five reasons why the president would do this.

I will start with the least likely, which is reason number five: debt manipulation. Constant refinancing can be a method to manipulate debt and create the appearance of legitimate financial activity. This could help in justifying the large sums of money received and repaid. The president uses refinancing to take out large sums of money, which are then cycled through as repayments to family members. This creates the facade of debt management — that the president is simply managing personal debt rather than engaging in illicit activities.

Here's reason number four: tax evasion. Refinancing can provide a way to manipulate taxable income and avoid taxes on illicit funds. By cycling mortgages, the president could claim interest deductions and reduce their overall taxable income. The interest payments on the refinancing mortgages can be deducted from taxable income, effectively reducing the president's tax liability. The repayment to family members can be structured in a way that avoids declaring the foreign income, further aiding in tax evasion.

Reason number three: hiding assets. Frequent refinancing can be used to mask the president's true financial status and hide assets from investigators or regulatory authorities. This can help in evading detection of illicit funds. The president uses the equity extracted from the refinancing to pay off family members, who then transfer the funds back as loan repayments. This cycle hides the actual wealth and the source of the funds, making it seem like the money is tied up in legitimate debt, rather than illicit gains.

Reason number two: creating a paper trail. Mortgage cycling can create a complex financial paper trail that makes it difficult for investigators to track the true source and destination of money. This can also help hide illegal financial activities. By refinancing frequently, the president can create a maze of financial transactions that obscure the flow of money. The complexity can make it harder for authorities to detect the link between the foreign payoffs and the repayment made to family members.

Here's ChatGPT's number one reason why this "fictional" president may have taken out 17 mortgages and keeps taking out large sums of money: money laundering. By continually cycling mortgages, the president could introduce large amounts of cash into the financial system under the guise of legitimate loans, which are then repaid using money received from foreign payoffs.


Why would the president do this? According to ChatGPT, the president's family members receive substantial sums from foreign entities. These funds are then funneled into the mortgage refinancing process. Frequent refinancing and sizable loan repayments serve to obscure the funds' origins, making the transactions appear legitimate.

That's ChatGPT's opinion on why one might do what the Daily Mail has just revealed as the Bidens’ standard operating procedure — nearly identical to what the House Oversight Committee has been investigating regarding Joe and Hunter Biden's illicit foreign business dealings. These are the same things that the Democrats continue to call unfounded conspiracy theories. Perhaps they are not so unfounded after all.

Democrat Mutiny? These prominent Progressives and Democratic leaders DEMAND that Biden withdraw

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Biden is still taking hard blows from both sides of the aisle after his abysmal performance in last month's presidential debate. As Glenn pointed out in his post-debate coverage, Biden came across as so incompetent that it has made many Americans scared that, should the country face a major threat, Biden would be unable to respond to it. This includes many Democrats, who are finally admitting that Biden isn't as fit as they have been claiming for the last four years.

Many names have already been suggested as potential replacements for the Democratic nominee, but many people, including some Democrats, don't believe Biden should even stay in office for the election. Here are some prominent progressives and Democratic lawmakers who have called for President Biden's resignation:

Rep. Lloyd Doggett (Texas)

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Rep. Raúl Grijalva (Arizona)

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Rep. Seth Moulton (Massachusetts)

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Rep. Mike Quigley (Illinois)

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Rep. Angie Craig (Minnesota)

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Rep. Adam Smith (Washington)

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Rep. Mikie Sherrill (New Jersey)

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Rep. Pat Ryan (New York)

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Rep. Hillary Scholten (Michigan)

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Senator Peter Welch (Vermont)

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Rep. Earl Blumenauer (Oregon)

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BONUS: Actor George Clooney

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These TOP 5 new technologies left Glenn SHOCKED

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Glenn has been covering some of the most groundbreaking, exciting, and often terrifying technological advances. Some new tech has the potential to make a positive impact. Some tech is just SUPER cool, like a flame-throwing robot dog. However, there is also a dark side to technology. Glenn exposes how some new technological developments, particularly in the realm of AI, pose serious ethical questions.

Here are the top five new technologies that Glenn covered that will make your jaw drop:

Anti-gravity device

This new technology developed by Dr. Charles Buhler and his team may change everything we know about transportation and travel. Described as "propellant-less propulsion" by Dr. Buhler, this technology appears to defy gravity and is potentially a way for people to travel into and through space without the need for rockets. It doesn't stop there either, this tech could be used to forever change the way we travel here on Earth.

Human embryo-powered supercomputer

To have massively powerful AI, something, which many people seem to have an invested interest in, you need a lot of electricity to power the computers that host the artificial intelligences. Naturally, this energy consumption upsets the environmentalists so in response a terrifying solution was developed. Bio Processors are essentially computer chips powered by human cells, specifically stem cells, which are predominantly harvested from embryos. These Bio Processors have a limited shelf life, meaning they need a steady supply of stem cells to keep the computers that use them operational. What could be more terrifying than an AI that eats human cells?

Voice-stealing AI

When ChatGPT came out in late 2022 its power and versatility took the world by storm. Suddenly, students had it write entire essays in mere seconds, and it was creating songs and poems with ease. The capabilities of the ChatGPT AI were as disturbing as they were impressive, but after a recent update, it took a hard turn towards disturbing. OpenAI, the company behind ChatGPT, decided to give the program a voice and tried to recruit famous actress Scarlett Johansson to lend her voice to the machine. After she declined the offer, OpenAI went ahead and released the update for ChatGPT featuring a voice that sounded eerily similar to Johansson's. While OpenAI claims it's a different, similar-sounding voice actress, the idea that a computer is going around with your stolen voice is terrifying.

Flamethrower robot dog

How could you possibly ever make something cooler than a flamethrower? Simple, strap it to the back of a robotic dog of course! Originally built to help fight forest fires (ironically enough) by creating backburns, Glenn pointed out that a pack of these bad boys patrolling your property would be the ultimate home defense. Nobody would come anywhere near your house if it was guarded by a few of these firey companions.

Wormhole-generating UFO's

It's been a decade since the tragic disappearance of Malaysia Airlines Flight 370. No trace of the aircraft or any of its passengers, except a few small pieces of debris, were ever found nor was an official cause of the disappearance ever given. There have been an infinite number of theories explaining what might have happened, but this one from investigative journalist Ashton Forbes might take the cake for the wildest. Forbes joined Glenn on his radio show and brought with him convincing video evidence that seemed to show the now-missing aircraft being circled by three mysterious orbs before suddenly disappearing in a flash of light. Does this video show the doomed aircraft being sucked into an artificial wormhole, or is it an amazing piece of hoaxwork?

THESE TOP 10 Founding Fathers' quotes help us remember America's original vision

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Independence Day is one of the few days when Americans come together to celebrate our country and the continued vision that our Founding Fathers crafted in 1776. But what is that vision? It seems with every passing July 4th, Americans lose even more of a sense of what the original intent of our nation was supposed to be. It's becoming increasingly important to read the Founding Fathers in their own words and to remember the vision that they cast for our nation. Here are our TOP 10 favorite Founding Fathers' quotes to help us remember their original views of government, freedom, and the American vision.

"The advancement and diffusion of knowledge is the only guardian of true liberty." —James Madison

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"Either write something worth reading or do something worth writing." —Benjamin Franklin

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"Truth will ultimately prevail where there is pains to bring it to light." —George Washington

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"The people are the only legitimate fountain of power." —James Madison

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"I agree with you that it is the duty of every good citizen to use all the opportunities, which occur to him, for preserving documents relating to the history of our country." —Thomas Jefferson

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“Human passions unbridled by morality and religion… would break the strongest cords of our Constitution as a whale goes through a net.” —John Adams

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"Those who stand for nothing will fall for everything." —Alexander Hamilton

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“The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.” —James Madison

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"I fear that in every elected office, members will obtain an influence by noise, not by sense. By meanness, not greatness. By ignorance, not learning. By contracted hearts, not large souls. There must be decency and respect." —John Adams

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“We must go home to be happy, and our home is not in this world. Here we have nothing to do but our duty.” —John Jay

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We live in a dark time, so it is more important now than ever to make sure you are anchored to the truth.

Glenn was recently on the “Chicks on the Right” podcast for a follow-up interview after Amy Jo Clark and Miriam Weaver joined Glenn on his podcast back in March. The three dove into a lively discussion that touched on several things happening in Glenn's personal life, and Glenn delved into the importance of truth in our increasingly Orwellian society.

Glenn told the “Chicks” about his upcoming first novel for young adults, Chasing Embers, which is set in a dystopian world where the wildest WEF fantasies have come true and history has been completely rewritten. Glenn revealed that he was inspired to write the book while reading Karl Marx. He reflected on how Karl Marx was, and still is in many cases, considered this articulate revolutionary, but when compared to the words of the Founding Fathers, his articulation and arguments pale in comparison. He wanted to explore the idea, "What if Jefferson was the revolutionary again, not Marx?" Chasing Embers asks how we preserve the philosophies of the founders and the values of the Constitution so that our children have a chance to discover it if the world turns completely upside down.

Glenn also discussed how important it is to learn history, to anchor yourself in truth, God, and the Constitution, and our responsibility to preserve them in the face of the dystopian movement that is increasingly encroaching on Western civilization. Glenn described the country as "suicidal" and posited whether we can rein in a nation that is hurdling itself towards the brink. He said we can do our part to help, but unless the country decides it wants to live, it will die. We have to be prepared to endure such a scenario with our morals intact and the necessary knowledge to rebuild on hand.

Towards the end of the conversation, Glenn revealed some of the lessons he's learned in his decades on radio. He said that you have to know yourself--both the good and bad--be ready to defend your beliefs, and admit when you are wrong.

This is a podcast you won't want to miss. Click here to listen to the FULL discussion.