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Emails Confirm: Obama DOJ Funneled Big Bank Settlement Money To Liberal Groups
The Daily Caller ^ | 10/24/2017 | Jack Crowe

Posted on 10/25/2017 3:01:10 PM PDT by ForYourChildren

Emails written by Obama administration Department of Justice officials confirm reports the agency engaged in a systemic effort to funnel money to liberal advocacy organizations from settlements reached with big banks.

The documents, obtained by the House Judiciary Committee as part of an ongoing investigation, reveal the Obama Justice Department effectively skirted Congress’s budgetary authority by requiring that major financial institutions donate to a group of affordable housing nonprofits and legal advocacy organizations as part of settlement agreements resulting from predatory mortgage lending practices.

The internal DOJ documents represent the latest revelation in a two-year investigation spearheaded by House Judiciary Committee Chairman Bob Goodlatte.

The investigation has thus far yielded evidence implicating the Obama DOJ in using mandatory donations to funnel roughly $1 billion in settlement money to activist groups, including The National Council of La Raza, the National Community Reinvestment Coalition and the National Urban League. The list of third party organizations were unrelated to the legal settlements, except through general claims that they would use the funds to aid the low income Americans most severely harmed by predatory lending practices.

{..snip..}

(Excerpt) Read more at dailycaller.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: bhodoj; billions; corruption; doj; fundingtheleft; obama
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To: ForYourChildren

That’s how they did it in Chicago so why not in Washington?


21 posted on 10/25/2017 3:22:32 PM PDT by Don Corleone (.leave the gun, take the canolis, take it to the mattress.)
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To: headstamp 2
This is government acting as an enforcement arm of private political groups.

Every Freeper knows how very corrupt it is in the D.C. Swamp right now.

We are glad President Trump is our president and he is looking out for us "We the People."

We definitely need new leadership in the Republican Senate and the Peoples House. Which means Speaker Ryan needs to be out as Speaker of the People's House in 2018 and McConnell has to be replaced as the Senate Majority Leader in 2018. Both of these characters have their heads up their posteriors. These two (2) never said one thing against Obama, plus the fact that they are fighting President Trump all the way on the Tax cuts. It should be very simple like President Reagan did during the beginning of this presidency.

We know that the $1 Trillion yearly tax bill on Obamacare needs to be repealed asap. Maybe McShame will die soon since his vote is what stopped the repeal of Obamacare. This is an additional $1 Trillion in revenue once we get rid of this monstrosity.


22 posted on 10/25/2017 3:24:13 PM PDT by TheConservativeTejano
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To: ForYourChildren; All

This was evil done by the Obama administration.

But even worse are the legislative part of the settlements.

What an administration could not do politically, they could accomplish through the courts with a “settlement”.

The scam works like this:

A bureaucracy is sued by a friendly leftist activist group. Both the bureaucracy and the activist group want the same outcome. The bureaucracy cannot do it itself, because of opposing forces.

So the bureaucracy goes to the “friendly” court, with the activist group, and says, “we can reach a settlement”.

The activist group and the bureaucrats agree to a legally binding settlement for what they both want: more restrictions on third parties. The third parties are never consulted. They are not part of the lawsuit.

The judge approves, and it becomes law for as long as the sky is blue and rivers run downhill.


23 posted on 10/25/2017 3:27:10 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: ForYourChildren

This is a huge smoking gun or maybe the gun itself.

> ““When the federal government settles a case against a corporate wrongdoer, any settlement funds should go first to the victims and then to the American people — not to bankroll third-party special interest groups or the political friends of whoever is in power”

Many, as in tens of thousands, of homeowners were in the middle of selling their homes when the crisis hit them, and they came later to find the crisis was premeditated. Because the banks were restricted from making loans for a time, the homeowners in the middle of a sale were directly harmed by bank malfeasance. Hence, they suffered and should have received a credit for their losses. As it was, Obama’s DOJ took the money from those that were hurt in the crisis and paid cronies.

I’ve known the above information for years but finally, it gets confirmed by DOJ emails.


24 posted on 10/25/2017 3:28:41 PM PDT by Hostage (Article V)
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To: ForYourChildren
That’s right...

$1 billion, to:

The National Council of La Raza
(..and others)


La Raza

They believe they own SW USA and are actively trying to take it over.


25 posted on 10/25/2017 3:30:33 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
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To: ForYourChildren
The dems & O'muslim regime had unfettered access to the federal treasury for 8 long years. They stole so much money that they were shipping billions in cash to terrorists in iran.


26 posted on 10/25/2017 3:30:36 PM PDT by Electric Graffiti (Obama voters killed America. Treat them accordingly.)
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To: ForYourChildren

Let me be clear.

Transparent!

https://www.youtube.com/watch?v=xxCVENhSq9M

.


27 posted on 10/25/2017 3:31:08 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: headstamp 2

It may already be codified into law. Need some research here.


28 posted on 10/25/2017 3:31:26 PM PDT by Hostage (Article V)
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To: ForYourChildren

29 posted on 10/25/2017 3:31:53 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
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To: ForYourChildren

Imagine the outrage if President Trump had funneled similar wads of cash to the NRA and other pro second amendment groups.


30 posted on 10/25/2017 3:34:05 PM PDT by RandallFlagg (Vote for your guns!)
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To: All

Didja ever wonder why, when we were trying to fight the leftists, we were busting our butts and the extremist left-wingers weren’t even breaking a sweat? Now we know why.


31 posted on 10/25/2017 3:35:23 PM PDT by rockrr (Everything is different now...)
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To: RandallFlagg

“Imagine the outrage if President Trump had funneled similar wads of cash to the NRA and other pro second amendment groups.”

Very good point.


32 posted on 10/25/2017 3:37:18 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - Classical Christian Approach to Homeschool ])
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To: ForYourChildren

Embezzlement


33 posted on 10/25/2017 3:38:16 PM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: ForYourChildren; Liz; V K Lee

How is this crime possible???

Every nickel and dime collected by our Federal Government is supposed to be accounted for!

Outrageous theft.

When I was in the Navy at our naval base in Sasebo, Japan, a part-time gig of mine was to audit the “non-appropriated funds” of the naval base — including the grocery store, slot machines, and clubs on the base.

Now they put us through a 3 day auditing course, but that in no way trains you to scrutinized the books. I suspect it’s another area where rampant fraud can take place.


34 posted on 10/25/2017 3:42:42 PM PDT by poconopundit (MSM journalists no longer seek truth: too busy hiding truth & neglecting to report corruption.)
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To: ForYourChildren

This was known/suspected at the time. I suppose now, 7 years later, we just have more proof.


35 posted on 10/25/2017 3:47:22 PM PDT by PGR88
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To: ForYourChildren
Hey President Obama,

Many thanks for your kind contributions to La Raza. We decided to share some of your largesse with our buddies at MS-13.

Your devoted servant in turning America into a hellhole — Professor Gutierriz, La Raza Founder


36 posted on 10/25/2017 3:48:18 PM PDT by poconopundit (MSM journalists no longer seek truth: too busy hiding truth & neglecting to report corruption.)
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To: unixfox

Just a continuation of his Chicago community organization scams.


37 posted on 10/25/2017 3:50:05 PM PDT by Dr. Bogus Pachysandra (Don't touch that thing Don't let anybody touch that thing!I'm a Doctor and I won't touch that thing!)
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To: ForYourChildren

38 posted on 10/25/2017 4:00:27 PM PDT by Mat_Helm
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To: ForYourChildren

I knew it.

I’ve long asked - with no answer - where does this money go since it never reaches the supposed ‘victim group’ from banks and brokerage firms.


39 posted on 10/25/2017 4:01:37 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: ForYourChildren

no wonder liberal advocacy groups got so powerful during the Obama years . I wonder how much money got funneled into LGBT. the group was not the power house it is today 8 years ago. I also think that this means we will see a lot of these organizations start to fall apart as that 1 billion dollars drys up.


40 posted on 10/25/2017 4:07:32 PM PDT by PCPOET7
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