Joe Biden Friend/Donor Gets $20 Million Taxpayer Loan to Build Ukraine Porsche Dealership

The Daily Caller tells a fascinating story:

In late July, John Hynansky a longtime friend of Vice President Joe Biden, and a major donor to Bidens campaigns as well as President Barack Obamas was awarded a $20 million taxpayer loan to build a foreign-car dealership in Ukraine.

Here's the rub: According to a public summary document, the loan, from the federal governments Overseas Private Investment Corp., is for [u]p to $20 million, and is designed to expand Winner Import Ukraines automobile business, [and] construct and operate Winner Autocity, which will have two new, state-of-the-art dealership facilities for Porsche and Land Rover/Jaguar automobiles. ...

Since at least 1999, Hynansky and his family have been regular donors to Bidens campaigns, and, later, Obamas.

Read the full story.