Europeans are worried about U.S. President Joe Biden. © Chip Somodevilla/Getty Images

Joe Biden, the doddering architect of America’s near-collapse under socialist policies and endless scandals, is now reaping what he sowed in the form of a post-presidency that’s as bankrupt as his administration’s border strategy. Eight months after handing the White House back to a resurgent Donald Trump, Biden finds himself persona non grata among the elite circles that once propped him up. Corporate boards won’t touch him, speaking gigs are evaporating faster than his poll numbers, and donors are treating his presidential library like a toxic asset. This isn’t just bad karma; it’s a market correction on a failed leader whose unpopularity and the looming shadow of Trump’s retribution have turned “Diamond Joe” into fool’s gold.

Let’s face it: Ex-presidents typically glide into golden parachutes, cashing in on their Oval Office stint with seven-figure speaking fees, cushy board seats, and memoir deals that could fund small nations. Bill Clinton turned influence-peddling into an art form, raking in $200 million post-White House. Barack Obama? He and Michelle scored a $60 million book bonanza and Netflix gigs while hobnobbing with billionaires. Even George W. Bush paints his way to quiet millions. But Biden? At 82, battling a severe prostate cancer diagnosis that’s metastasized, he’s reduced to haggling over scraps. The Wall Street Journal lays it bare: No corporate sinecures for old Joe, thanks to his glaring cognitive decline—evident in that fateful 2024 debate that sealed his fate—and the baggage of a presidency marred by inflation, crime waves, and foreign policy blunders.

Speaking fees? Sure, he’s quoting $300,000 to $500,000 a pop, but the invites are scarce, and bookers are lowballing him like a yard sale find. Why? Fear of Trump’s wrath. With the 47th president vowing to drain the swamp deeper than ever, companies dread audits, investigations, or lost contracts if they align with the man who weaponized the DOJ against conservatives. As one insider whispered to The Journal, “Who’s going to risk it for Biden?” Instead of jet-setting on private planes—avoiding those pesky “unsavory flight logs” à la Epstein—Biden’s slumming it in coach on American Airlines or breaking Amtrak quiet car rules with his endless chatter. His Fourth of July? Holed up in a luxury trailer in Malibu, courtesy of Hunter’s pal Moby. Nice, but hardly the Hamptons elite circuit where real power brokers summer.

The real kicker is the Biden Presidential Library—or lack thereof. NBC News reports a donor drought that’s turned the project into a punchline. John Morgan, the Florida lawyer who funneled $800,000 to Biden’s doomed reelection, scoffed: “I don’t believe a library will ever be built unless it’s a bookmobile from the old days.” Another top bundler? A flat “Me? No way.” Over a dozen major Democratic funders are sitting on their wallets, blaming Biden’s ego-driven refusal to bow out gracefully, which gifted Trump a landslide. The projected $200-300 million price tag? Forget it; they’re saving for the party’s post-Biden rebuild. Contrast that with Trump’s library plans, already flush with MAGA millions and set to be a monument to American greatness in Florida.

Biden’s not destitute—far from it. His $250,600 presidential pension, plus $166,000 from Senate and VP annuities, keeps the lights on. A $10 million Hachette book deal for his memoirs will pad the nest, though it’s a pittance next to the Obamas’ haul—ego bruise alert. But obligations mount: He’s bankrolling Hunter’s post-pardon legal circus (despite the get-out-of-jail-free card, debts linger) and supporting Ashley amid her divorce woes. Then there’s the $800,000 mortgage on his Rehoboth Beach mansion, compounded by a 20% property tax spike this year. For a guy whose “lifestyle” screams modest (read: boring), these hits sting, especially as Trump’s economy booms, lifting all boats except Biden’s leaky dinghy.

This financial flop isn’t misfortune; it’s market justice. Biden’s presidency was a disaster: Skyrocketing costs from “Bidenomics,” an open border inviting chaos, and a foreign policy that emboldened adversaries from Beijing to Tehran. Voters rejected it resoundingly, and now the donor class is following suit. Trump’s shadow looms large—his promises of accountability have executives thinking twice about associating with the Biden brand, synonymous with corruption and incompetence. As the Journal notes, even universities are wary after the Penn Biden Center’s classified docs fiasco. The cold shoulder? It’s conservatives’ quiet revenge, proving that in Trump’s America, failure has consequences.

Biden’s diminished twilight serves as a cautionary tale for the left: Peddle radical agendas, ignore the will of the people, and watch your legacy evaporate. While Trump builds empires and rallies crowds, Biden fades into irrelevance, a footnote in the history of American resurgence. If he’s lucky, that bookmobile library might tour nursing homes—fitting for a president who put the nation to sleep.

Leave A Reply

Our main focus

know us

The NewYorkBudgets is an independently operated digital news outlet focused on business, finance, and wealth rejuvenation. This platform is currently run as a sole proprietorship and is not yet registered as a formal company. All content is authored and published by independent journalists, with a commitment to honest reporting and reader-first journalism. Revenue may be generated through advertising and reader-supported contributions. A formal business registration will follow as the platform grows.

© 2025 The New York Budgets

The New York Budgets is an independently operated digital news outlet focused on business, finance, and wealth rejuvenation. This platform is currently run as a sole proprietorship and is not yet registered as a formal company. All content is authored and published by independent journalists, with a commitment to honest reporting and reader-first journalism. Revenue may be generated through advertising and reader-supported contributions. A formal business registration will follow as the platform grows.

© 2025 The New York Budgets
Exit mobile version