Over the past two weeks, Rep. James Comer has claimed that President Joe Biden “money laundered in China“, accused Biden of “Bribery“, and subpoenaed members of Biden’s family. Comer based these actions on the “discovery” of transactions that Biden made no effort to conceal, including a $200,000 loan that Biden made to his brother and which his brother later repaid.
However, as The daily beast reports that Comer was engaged in a series of business dealings with his own brother. These transactions, which included a $200,000 payment, were nowhere near as simple as those between Joe and James Biden. Comer’s deal involved not only a large payment, but also multiple swamps, shell companies and requests for special tax breaks.
While members of the Biden family were accused of “shady business practices,” it seems Comer has the equivalent of a forest of shadows.
In a Press release Of Biden’s brother’s check, Comer said, “Even though it was a personal loan payment, it’s still troubling that Joe Biden’s ability to be repaid by his brother depended on the success his family’s shady financial dealings. » Comer appears to mean by this that Biden was reimbursed shortly after his brother received a payment from a US health care company.
But what happened between Comer and his brother is a plot more mysterious. According to the Daily Beast, Comer’s family has been identified for years in news accounts as owner of “Comer Land & Cattle”. Since 2018, Comer has listed him as a valuable asset 3 million dollars.
However, no such entity appears to exist in business records. This would have been the case at one time, but it hasn’t happened in years. At least, not legally. It is not registered as a business in Kentucky. It is not recorded anywhere else. A past Press release showed him as the owner of “James Comer Jr. Farms”, which also does not appear on paper to be a business entity. The comer the Facebook page also lists him as the owner of “Comer Family Farms,” which is not listed as a business entity in Kentucky, according to the secretary of state website.
Much of Comer’s business activity appears to follow inheriting land in Kentucky after his father died in 2019. But what exactly happened with that land is the opposite of transparent. In one case, Comer allegedly sold his interest in land to his brother, then bought it back five months later, slipping $18,000 to his brother. This purchase was made via a shell company belonging to Comer, the value of which doubled in two years. This company appears to have dealt exclusively in farmland transactions during Comer’s time on the House Agriculture Committee.
Comer’s family also traded large tracts of land in Tennessee. This includes giving his brother a leaflet worth $175,000 as a “gift”. In exchange, Comer allegedly got another piece of land that the Daily Beast describes as “apparently more valuable” without indicating the cost of that land. The value of these transactions appears to be greater than the largest loan Biden made to his brother.
Comer also appears to have benefited directly from a “tobacco buyout” of land he purchased while serving on the Kentucky Legislature’s Tobacco Settlement Fund Oversight Committee. This means that he helped set the rate of purchasing his own property.
Much of Comer’s story appears to be a more rural version of the Donald Trump story. He started by buying small pieces of land with the help of his father and brother, inherited larger tracts of land when his father died, and made millions speculating in land. The difference is that for much of that time, Comer was involved in either the Kentucky Legislature or the House Agriculture Committee, in positions that gave him insider knowledge and an advantage direct.
Comer also has his own Trump banking connection. When he looked for a line of credit of up to $1 million, he found it with South Central Bank, the same bank where Comer had been on a business trip. Board of Directors for 12 years.
If all of this makes Comer sound like a mini-country Trump, it’s probably a description that would make him proud. But it would also seem to make his family’s finances far more worthy of scrutiny than anything he claims about Joe Biden.
The group is back together, and it’s a glorious day as Markos and Kerry’s shots over the past year have come together again! The Republicans continue to lose at the polls and we are here for it!