THE BIG PAYDAY Obama isnt even out of office yet---and already has two foundations (that we know of)
(1) "The Obama Foundation" announced the location of its library in Chicago.....revving up the next ex-president's money machine.
(2) The second Obama foundation----The Barack H. Obama Foundation (BHOF)--- (named after their dad), was fast-tracked by Lois Lerner for IRS tax-exempt status....for Malik Obama, Barack's half brother.
Kenya-resident, Malik Obama in Muslim dress, holds up
photo of his half brother Obama in Muslim dress, taken
during an earlier visit.
The BHOF is based at a Virginia UPS store, according to its website. The organization’s IRS filings list another Virginia address that is actually a drug rehab center where the foundation does not appear ever to have been based.
As first reported by The Daily Caller, the foundation was speedily approved for IRS exemption by Lois Lerner, the self-same IRS senior official at the center of the targeting of conservative organizations that have waited over two years to receive tax exempt status. The IRS thoughtfully gave Obama Foundation retroactive fund-raising status.......which it stupidly never applied for.
The tax-exempt Barack H. Obama Foundation is run by Abon’go “Roy” Malik Obama, the half-brother of Barack Obama.
The foundation’s mission statement is “to provide people everywhere with resources to uplift their welfare and living standards in memory of dad---Barack H. Obama: in the region of his birth, Kenya, and beyond.” Its guiding principle is “the inherent belief that no one can truly enjoy the riches he has reaped if his neighbor suffers....."We seek to elevate the human condition so that everyone can live in dignity and truly enjoy having one another as neighbors.”
(waiting for hysterical laughter to die down)
Despite raising more than $250,000, the alleged charity doesn’t seem to have done much. Its website claims the organization has built a madrassa and was building an imam’s house as well as some “proposed latrines,” but there is no other evidence that the nonprofit was working to “mitigate social-shortcomings in areas of education and literacy, health and well-being, poverty, and lack of community infrastructure in such basic needs such as water, electricity, shelter and sustenance,” as the site says.
Alton Ray Baysden, a former Dept of State employee, allegedly a registered Republican, who helped start the Barack H Obama foundation, declined to comment before seeing copies of a reporter’s passport and govt ID, along with a description of the article’s “motivation” and “slant.”
Repeated reporters' phone calls went to the organization’s voicemail and were not returned.
Malik spends most of his time in Kenya with his 12 wives while Obama finances his half brother, Malik, a major fundraiser for the Muslim Bortherhood.
MORE HERE http://shoebat.com/shoebat-foundation/obamas-wahhabist-fundraising-empire
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GOVERTNMENT FRAUD AT ITS FINEST--deposited in numbered accounts in offshore banks?
Obama's federal giveaways (that we know of).:
<><> $150 billion o Muslim Iran in the nuclear deal
<><> $2 billion to help Malik advance his organization---the Muslim Brotherhood,
<><> $50 million to Malik/Barack's tax-exempt foundation in the form of a grant to Muslim Kenya.
<><> While the Muslim Brotherhood was in charge in Egypt, Obama (and Hillary) showered them w/ praise.....and billions of US dollars in aid, arms, tanks and planes.
<><> Obama gave $90 million US tax dollars to wealthy oil-rich Muslim African countries.
<><> missing billions attached to Obamacare--- ACA "health reform" boondoggle.