Obama and Holder extorted money from banks to fund liberal groups. The DOJ suits against Citigroup and Bank of America netted a total of 24 billion dollars, but unlike previous government suits, the money wasn’t earmarked to the actual victims of the bank’s wrongdoings. Written into the settlement agreement was what many people call unprecedented. (A word invented just for the Obama administration) The clause in question in the case against Citigroup states that they must contribute 50 million of the settlement to La Raza and NeighborWorks America. (NA is one of the aliases that the Former ACORN now uses.)
In the Bank of America settlement (16 billion), they must contribute 100 million to community organizing organizations (ACORN descendents?) and again, for every additional dollar they lower their debt to the DOJ suit. Now, I wonder whether they paid the balance of the 16 billion to the government or just nearly 8 billion to these groups. Shouldn’t this money have gone to the actual victims of the violations? Not in ObamaWorld.
- Video: Sarah Palin slams Eric Holder’s ‘disgusting’ racism charges
- Rasmussen: Eric Holder ‘least-liked’ member of Obama’s cabinet
- Report claims Eric Holder allegedly approved drone strikes on Bundy ranch
- Photos reveal Obama marched with Black Panthers in 2007