Reconstructing the Russian Trump Dossier Story: A Timeline

Original research | 01/13/2017 | Fedora

[Fedora]

September 2005: Bill Clinton visits Kazakhstan with Canadian mining tycoon Frank Giustra on a visit arranged by Siberian nuclear physicist Sergei Kurzin, a former employee of Marc Rich who traveled Russia scouting investment opportunities for Rich; Giustra makes a deal to acquire uranium assets through shell company UrAsia, to be transferred through a merger with South African/Canadian company Uranium One in February 2007; Senator Hillary Clinton applies pressure to Kazakh officials to approve the deal; Giustra subsequently gives $31.3 million to the Clinton Foundation, the first of several large donations; Uranium One will begin buying uranium assets in the U.S., putting in on track to control half of U.S. uranium output by 2015

2009-2012: Uranium One chairman Ian Tefler begins funneling an eventual $2.35 million to Clinton Foundation through the Fernwood Foundation, a Canadian entity, and through the Clinton Giustra Sustainable Growth Initiative; the Clinton Foundation fails to disclose this in its tax records; Uranium One associates Robert Disbrow, Paul Reynolds, and Frank Holmes also make multi-million dollar donations to the Clinton Foundation

June 2009: Russia’s state nuclear energy agency Rosatom, which operates in Iran, North Korea, Venezuela, and Myanmar, begins buying stakes in Uranium One, reflecting a 2006 $10 billion decision to increase Russian uranium production 600 percent

December 2009: Rosatom’s chief lays out plan to Russian government officials to begin acquiring uranium outside Russia; Secretary of State Hillary Clinton is meanwhile negotiating the 123 Agreement with the Russian government allowing U.S. and Russian firms to cooperate in development of civilian nuclear energy

March 2010: Secretary Clinton meets with Putin in Moscow to discuss pressuring Iran, but Putin proposes completing a civil nuclear power station, prompting Clinton to object to the mixed message this would send Iran; however, Clinton and Putin agree on New START nuclear talks and commercial opportunities in areas such as civilian nuclear power

May 2010: Obama administration submits US-Russian Civilian Nuclear Cooperation Agreement to Congress; weeks later, Rosatom announces decision to seek majority share in Uranium One; meanwhile on May 21, 2010, Canadian investment company Salida Capital cosponsors a Bill Clinton speech in Calgary; Salida subsequently moves into the Ukranian market in partnership with an adviser to Energy Ministery Yuri Boyko, who helps create a trading company Putin uses to control Ukranian natural gas trade

July 2010: Secretary Clinton visits Ukraine

October 2010: Russian majority share purchase of Uranium One is approved by the Committee on Foreign Investment in the United States (CFIUS), a body that includes Secretary Clinton

2011: A “Salida Capital” is identified in a Rosatom annual report as a wholly-owned subsidiary; when contacted, Canada’s Salida Capital refuses to discuss whether this is the same company

January 2011: Congress approves 123 Agreement

June 2011: FBI arrests members of a Russian spy ring which has targeted a leading fundraiser for and friend of Hillary Clinton; Bill Clinton receives $500,000 for speaking in Moscow to an event for Renaissance Capital (RenCap), a firm registered in Cyprus with former Russian intelligence officers on staff; Clinton also meets with Putin

2013: Rosatom announces plans to take 100 percent control of Uranium One; in fall 2013, Rosatom passes operational control of Bushehr nuclear reactor to Iran; Uranium One attempts to buy uranium mine in Arizona but the Navajo Nation objects

November 2013: Ukranian President Viktor Yanukovych refuses to sign free trade agreement with EU, triggering protests linked to CIA-backed groups funded by George Soros

February 2014: Ukranian revolution ousts Yanukovych

March 2014: Russia occupies Crimea

March to June 2015: Obama administration, the UK, France, Russia, and China work out nuclear deal with Iran

Spring 2015: Hackers target DNC consultant Alexandra Chalupa, who was doing opposition research on Donald Trump; Chalupa’s emails will later be released by Wikileaks

Summer 2015: Hacker COZY BEAR infiltrates DNC network

July 2015: Koch brothers screen Republican Presidential candidates Jeb Bush, Marco Rubio, Ted Cruz, and Scott Walker; they also decide not to support Trump

September 2015: A “wealthy Republican donor who strongly opposed Mr. Trump” hires Fusion GPS to do opposition research on Trump; Fusion GPS hires former MI6 agent Christopher Steele’s firm Orbis Business Intelligence

Late February 2016: Clinton team meets to discuss Donald Trump’s February 20 win in South Carolina and February 23 win in Nevada; most of team does not see Trump as a threat but Bill Clinton insists “that Mr. Trump clearly had a keen sense of the electorate’s mood and that only a concerted campaign portraying him as dangerous and bigoted would win what both Clintons believe will be a close November election.”

February 25, 2016: Anti-Defamation League, previously involved in bribing Clinton to pardon Marc Rich, issues press release calling on Trump to disavow ex-KKK leader David Duke

February 28, 2016: CNN’s Jake Tapper, interviewing Trump, cites the ADL’s press release and calls upon Trump to disavow Duke; when Trump says this is the first he’s heard of the story and he wants to check it out for himself before responding, Tapper continues insisting that he answer; press subsequently reports that Trump “failed to disavow” Duke

April 2016: Hacker FANCY BEAR infiltrates DNC network, targets Trump opposition research; FBI notifies DNC of breach

May 9, 2016: Judge Andrew Napolitano says Russia has 20,000 of Clinton’s emails they are debating releasing

May 2016: NATO deploys missile defense to Romania and Poland over Russian objections

June 12, 2016: Wikileaks’ Julian Assange announces he has information to indict Hillary Clinton

June 14, 2016: Hack of DNC is publicly disclosed, attributed to Russia; Washington Post reports that Russian hackers targeted information on Trump; Russia denies responsibility

July 2016: Steele shares his Russian Trump dossier with an FBI contact he knows from the FIFA corruption investigation

July 5, 2016: FBI announces it will not recommend prosecution of Hillary Clinton

June 15, 2016: Guccifer 2.0 claims responsibility for DNC hack

June 16-17, 2016: Wikileaks uploads and releases “insurance” file

July 18-21, 2016: Donald Trump selected as Republican Presidential candidate; Steele begins shopping his opposition research to Hillary Clinton; NATO summit agrees to deploy rotating battalions of troops to Eastern Europe to ease anxieties about Russia

July 22, 2016: Wikileaks releases 20,000 DNC emails, the first of several document dumps

July 25-28, 2016: Hillary Clinton selected as Democratic Presidential candidate

July 25, 2016: FBI announces it will investigate hack

July 30, 2016: Russian officials report being hacked

September 9, 2016: Donald Trump interview with Larry King appears on RT America, affiliated with Russian state broadcaster RT; Trump says he did interview as favor for King and CNN never told him the interview would appear on Russian TV

September 20, 2016: Hillary Clinton visits Ukraine, vows to defend its borders

October 2016: Steele, frustrated that FBI does not seem to be seriously investigating his dossier, cuts off contact with Bureau

October 28, 2016: FBI announces reopening of Hillary Clinton investigation

October 31, 2016: On eve of the election as an October Surprise, Plamegate figure David Corn--who previously published the Romney 47 percent story to influence the 2012 election--publishes description of Russian Trump Dossier in Mother Jones; bloggers immediately recognize elements of the story as derived partly from fanfiction passed on to Rick Wilson, an associate of Evan McMullin, an ex-CIA officer who began campaigning against Trump in August 2016

November 4, 2016: Newsweek senior editor Kurt Eichenwald publishes sotry titled “Why Vladimir Putin Is Backing Donald Trump”, asserting that Russians hacked German elections and Brexit vote and is now backing Trump

November 6, 2016: FBI announces it has not changed conclusions in Hillary Clinton investigation

November 8, 2016: Donald Trump is elected President, defeating Hillary Clinton; Clinton fails to appear for her concession speech, subsequently blames FBI and Russia for her loss; her supporters start calling for a recount

December 2016: Christopher Steele gives dossier to John McCain, who gives it to FBI

December 14, 2016: U.S. announces plans to send 4,000 troops to Poland in show of strength to Russia

December 27, 2016: US abstains from vetoing UN resolution condemning Israeli settlements “in Palestinian territories occupied since 1967”

January 1, 2017: New York Times reports that over the past several months U.S. Special Forces troops have been quietly deployed to the Baltic states to bolster resolve of troops anxious about Russia

Week of January 1 to 7 2017: Obama and Biden receive briefing that covers Russian Trump Dossier; Trump later receives the same briefing

January 6, 2017: U.S. intelligence community releases declassified report on Russian interference in American election, which spotlights alleged pro-Trump bias in RT

January 10, 2017: BuzzFeed publishes Russian Trump Dossier; CNN reports on the story

January 11, 2017: McMullin insists in Business Insider interview that CIA would not have included dossier in Presidential briefing if it was not taken seriously

January 12, 2017: Joe Biden says he and Obama did not take the dossier seriously and did not ask the intelligence community to investigate it; C-SPAN broadcast interrupted by RT broadcast

[Fedora]

Giustra reminds me of a mini-Maurice Strong.

[Liz]

Jeb Bush DENIES BBC claim that he ordered the dirty dossier - so if it wasn't him who paid...
daily mail ^ | 1/13 | dean / FR Posted by RummyChick

Former Republican presidential candidate Jeb Bush has been forced to deny a claim that he ordered the outlandish ‘dirty dossier’ on President-elect Donald Trump. The BBC initially named Bush, one of Trump’s opponent in the 2016 Republican primary, as having enlisted the services of Washington-based political research firm FusionGPS to look into Trump's business dealings. FusionGPS later hired ex-MI6 spy Christopher Steele to dig further into Trump’s connections with Russia. ‘He (Steele) was compiling this report on behalf of initially Trump's opponent Jeb Bush,’ the BBC said on Wednesday. The BBC subsequently said on Thursday its Washington correspondent Paul Wood misspoke.

Read more: http://www.dailymail.co.uk/news/article-4116868/Jeb-Bush-DENIES-BBC-claim-ordered-dirty-dossier.html#ixzz4VeRwaPZQ Follow us: @MailOnline on Twitter | DailyMail on Facebook (Excerpt) Read more at dailymail.co.uk ...

NOTED: Jeb's father headed the CIA before his presidency.

[Fedora]

The Bushes are certainly capable of that type of thing. I wonder what made BBC walk that back, though. Very curious.

[Liz]

RUSSIAN DOSSIER TIMELINE / BY FEDORA
June 2011: Bill Clinton receives $500,000 for speaking in Moscow to an event for Renaissance Capital (RenCap), a firm registered in Cyprus with former Russian intelligence officers on staff; Clinton also meets with Putin.

===================================================

Remember Bill Clinton's infamous "WJC LLC" pass-through account....funds deposited then emptied the same day? Funds just disappear, and no scrutiny involved.Funds passing through Billy's WJC LLC could end up in: (a) offshore accounts,
(b) money market accounts, (c) hedge funds, (d) maybe Obama's foundations, (e) assorted investment accounts....without garnering public scrutiny.

IT'S ONE EXPLANATION FOR OBAMA'S ACADEMY-AWARD WORTHY ACT.

He acts like he "knows nothing." Obama didn't even know about this (snix).

PIC Circa 2010--Ex-Pres Clinton in Moscow having a laugh w/ Putin
as strategic US uranium deposits were sold off to Russia for Big Bucks
facilitated by Secy Clinton, as Bill globe-trotted to set up the deal.

"Hahahaha. US ntl security? Hahahaha. You gotta be kidding, Vlad."

====================================================

With all the top-level intel available to him, can Americans actually believe:

<><>Obama was oblivious to the Clintons jerking around US foreign policy?

<><> Obama knew nothing of Hillary and Sid Blumenthal's emails WRT Iran (the man Obama banned from US govt employment)?

<><> Obama knew nothing about the Clinton Foundation/slush fund buck-raking activities?

<><> Obama never noticed Bill Clinton trotting around the globe?

<><> Obama never noticed the Clinton "charity" used to worm his way into the confidences of foreign leaders.... but only those leaders w/ untapped reserves of gold, uranium, oil, and other valuable commodities?

<><> Obama never knew Hillary's brother got a gold- mining permit in Haiti?

Hand-picked by Obama to run State, Hillary ran it like a shadow govt.... w/ her husband taking notes WRT buck-raking opportunities available from Hillary's actions OR inaction.

Secy Hillary never e-v-e-r uttered a discouraging word e-v-e-r......as the Clinton Foundation sucked up hundred of millions of foreign dollars from shady characters.

OF COURSE, the Clintons selling access to State Dept decisions and passing on classified information to interested parties for a foundation donation.......NEVER, EVER interfered w/ Obama/s OWN foreign policy initiatives (cue laugh machine).

===============================================

PULITZER PRIZE ANYBODY?---an enterprising reporter (1) matches-up foreign policy decisions at Hillary's State Dept, (2) the timing of donations to the Clinton Foundation....and, (3) related foreign policy decisions by Obama.

[UCANSEE2]

so please chime in if you notice something.

The ORIGINAL REPORT (about Russian influence) was prepared by the FBI/CIA in late 2011/early 2012.

The new 35 page report was plagiarized from that report and the name of the PRINCIPAL involved was changed to TRUMP.

THIS is what the original report was about:

"June 2011: FBI arrests members of a Russian spy ring which has targeted a leading fundraiser for and friend of Hillary Clinton; Bill Clinton receives $500,000 for speaking in Moscow to an event for Renaissance Capital (RenCap), a firm registered in Cyprus with former Russian intelligence officers on staff; Clinton also meets with Putin"

[UCANSEE2]

P.S. The GOLDEN SHOWER bit was added to the report to ‘spice it up’, and did indeed come from a prank by a user on 4CHAN.

[Fedora]

“(d) maybe Obama’s foundations” Does he have his own version of the Clinton Foundation yet? I know he used a number of existing foundations back in Chicago, but I can’t see him letting the Clintons outdo him on scams.

[Fedora]

“THIS is what the original report was about:. . .” That would make a lot more sense than the version they released.

[niteowl77]

The ORIGINAL REPORT (about Russian influence) was prepared by the FBI/CIA in late 2011/early 2012.

Would this be germane to the Russian spy ring (that included Anna Chapman) which was exposed in 2010, or another ring?

[Liz]

FOUNDATION ONE---OBAMA'S SISTER IS A BOARD MEMBER
OF OBAMA's BILLION DOLLAR CHICAGO LIBRARY SCHEME

Maya Soetoro-Ng is his sister and a specialist for the Matsunaga Institute for Peace. She is the cofounder of Our Public School, a non-profit that connects schools to their communities, and the co-creator of a peace education program implemented in schools and communities around Hawaii.

==================================================

FOUNDATION TWO---HIS KENYAN HALF-BROTHER HEADS THE MUSLIM FOUNDATION--named for their Muslim father. Obama Foundation Two was fast-tracked for tax exemption by Lois Lerner.

Kenya-resident, Malik Obama in Muslim dress, holds up
photo of his half brother Obama in Muslim dress (left),
taken during Obama's earlier visit.

======================================================

US TAXPAYERS PAY NOW---Obama collects later.

Obama's federal outlays (that we know of).:

<><> $150 billion to Muslim Iran in the nuclear deal,

<><> $2 billion funding to Malik's organization---the Muslim Brotherhood,

<><> $50 million to Malik/Barack's tax-exempt foundation in the form of a grant to 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 Muslim countries.

<><> the billions missing from the Obamacare PR scam.

<><> the billions missing from the State Dept under Hillary.

==================================================

AND GET THIS LOOTING MO---Remember compassionate Michelle talking about "teaching Muslim girls? Soon Obama sent Michelle off to oil-rich Muslim Quatar w/ $73 million US tax dollars "to teach Muslim girls."

Recently, he gave her 100 million dollars to give Muslim Morocco "to teach Muslim girls" (to be held by, and doled out by, the Obama Foundation).

cont

[Liz]

cont

Obamba intends to stay around a long long time.....says he intends to "rule" outside govt. He's already got two Clintonesque get-rich-quick foundations (that we know of)....mission statements sounding suspiciously like the Clintons.

SOURCE http://www.barackobamafoundation.org/

President Obama said, "the change we seek will take longer than one term or one presidency. Real change—big change—takes many years and requires each generation to embrace the obligations and opportunities that come with the title of Citizen. " (TRANSLATION: Me and Michelle want the money pouring in faster than we can spend it.)

FOUNDATION MISSION STATEMENT (cue laugh machine): The Obama Foundation will inspire the next generation of young leaders all over the world. It will convene the brightest minds with the newest ideas from across the political spectrum and draw strength from the rich diversity and vitality of Chicago, the city where the President and First Lady started a family and raised their daughters.

But most of all, the Foundation will ask all of us to take on big challenges and to believe that we can meet them together. Our history and President Obama’s legacy give us hope that even the most difficult change is possible, and the Foundation exists to carry on that great, unfinished project of renewal and global progress.”

Inform visitors about our civic rights and responsibilities and inspire citizens to get engaged.

Empower individuals who are leading change around the world, and help develop new ways to enable all citizens to take action.

Connect people from different communities and disciplines to create new approaches to solving our biggest challenges.

Translate new ideas into concrete actions that will have a measurable impact, enlisting partners across all sectors to scale what works.”

=================================

ROTFLOL. Guy is drunk w/ power. Everything out of his mouth is to prime the pump for big buck donations to his tax-free foundations (two that we know of). Valerie jots it all down....and ....bingo....he's got another fund solicitation letter ready to go.(Valerie musta went nuts trying to spin Trump's win into a plus for Obama).

===========================================

Obama foundation invites foundation donors to the White House
Chicago Sun-Times ^ | 5/19/16 | Lynn Sweet / FR posted by Nachum

WASHINGTON — A new study details how President Barack Obama has been inviting his Obama Foundation donors to events at the White House, a venue that obviously won’t be available to him to entertain mega contributors in a few months. The Obama Foundation, created on Jan. 31, 2014, has to date only 39 contributors, with the money coming either from individuals or foundations controlled by Obama supporters.

The nonprofit, nonpartisan oversight Maplight Foundation found that 15 of the 39 have been to the White House for small meetings or events, fewer than 30 attendees, including everyone connected to a contribution of more than $100,000.

Most of the donors have been longtime political supporters and friends — or at least acquaintances of Obama — and have been in and out of the White House for years.

However, Maplight found that at an intimate White House dinner in January 2015 with actress Julia Roberts, the guests included two couples who had recently made jumbo contributions to the Chicago-based foundation.

And as 2015 progressed, one of the couples at the dinner kicked in even more, the foundation IRS report released last Friday reveals.

Among those at the January 2015 dinner were Mark Gallogly, the managing partner of Centerbridge Partners, an investment firm, and his wife, Lise Strickler. At that point, the New York couple had donated $340,000 to the foundation.

By the end of 2015, they put in an additional $330,000 for a total of $670,000. I checked to see what else was new: Gallogly and Strickler were invited to the State Dinner the Obamas hosted in March for Canadian Prime Minister Justin Trudeau.

In 2014, Tom Campion, owner of the Zumiez clothing chain and his wife, Sonya, gave the foundation $500,000. The Seattle couple found themselves at the Julia Roberts dinner along with folks who have also been longtime Obama backers. Another guest that evening was one of Obama’s favorite authors, Marilynne Summers Robinson.

The White House has said — and underscored this again on Wednesday at the daily briefing when asked about the Maplight report — that the Obamas are not fundraising for the foundation while in office. Well, no one is selling tickets to anything, that’s accurate. That’s not how fundraising at the mega level is done.

Obama will have to raise hundreds of millions of dollars to construct and endow his Obama Presidential Center on Chicago’s South Side. Fundraising at the elite donor level is an art, a nuanced dance, especially for an institution that will exist in perpetuity.

Small dinners are not put on Obama’s daily guidance and schedule. On April 2, 2016, the White House volunteered that Obama and first lady Michelle hosted their first White House event for supporters of the Obama Foundation. That dinner was not a fundraiser, the White House said.

White House Press Secretary Josh Earnest said: “What we have said about donors to the campaign also applies to donors at the foundation, and it’s simply this: Donating in support of the President’s foundation does not guarantee you a meeting with the President of the United States. It also doesn’t prevent you from getting a meeting with the President of the United States, and that’s the approach that we’ve taken, again, with regard to supporters of the President’s campaign, and it’s the approach that we’ve taken with regard to supporters of the President’s foundation.”

A lot of this is prospecting for the future.....M/M have Big plans to get-rich-quick ala the Clintons.

http://chicago.suntimes.com/news/sweet-inside-look-obama-foundation-fundraising/

[Fedora]

Nice work. That question has been on my mind the past couple weeks—I figured you’d know the answer :-)

[Liz]

HAS OBAMA ACTUALLY DONE ANYTHING FOR HIS HOMELAND LATELY?

<><> $2 billion US tax dollars to the Muslim Brotherhood,

<><> $50 million US tax dollars to his tax-exempt foundation in the form of a grant to Kenya.

<><> Total US Foreign Aid to Kenya (FY 2012): $749,236,440

<><> Kenya listed as one of the Top Ten Recipients of US Foreign Aid

Kenya-resident, Malik Obama in Muslim dress, holds up
photo of his half brother Obama in Muslim dress, taken
during an earlier visit.

MORE HERE http://shoebat.com/shoebat-foundation/obamas-wahhabist-fundraising-empire

BACKSTORY---The Barack H. Obama Foundation (BHOF) is run by Malik (in Kenya)---to honor Malik and Obama's late dad. It was fast-tracked by Lois Lerner for IRS tax-exempt status.

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 the Obama Foundation retroactive fund-raising status.......which it stupidly never applied for.

To get tax-exempt status, the foundation cooked-up a mission statement: “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.

[Fedora]

I’m going to bet Eric Holder is getting a piece of that, too. He just got hired by California to handle legal battles with Trump. (Maybe they should’ve hired a competent attorney instead?)

[Fedora]

And lest I forget Michelle--she/it must have her own foundation in the works. Which got me thinking, what does Blagojevich know, and can we get him to talk? If Obama doesn't pardon him, maybe Trump can get him to turn state's evidence.

[silverleaf]

They (nutty McCain and crazy eye Linseed Graham) seem to have way too much power over this now are posting small units of US troops all around the periphery of the Russian Federation, like bait dogs, to provoke a pit bull (Putin) and no telling what they plan to do in Syria with their boots on the ground being caught with their pathetic “SDF” and crumbling ISIS barbarians being surrounded by Turkey Russia Iran and Assad

If Putin crosses some line or is being set up to be blamed by the US Senate for some false flag, you have to wonder what is the next step in their plan.

Sorry to say I think Putin is more sane and responsible as a world power than almost anyone in the USG - or Europe

Wouldn’t put it past him to be working with the Chinese to do a pincer move on the West, one way or another

[Ernest_at_the_Beach]

Excellent!

[FreedomPoster]

Here’s the video of Rick Wilson ranting at the alt-right and Trump supporters from January 20, 2016 (YouTube posting date), that led directly to the BIGLY successful 4chan troll:

https://www.youtube.com/watch?v=3ZrAP3kpq18

You will note that the troll fanfiction includes elements directly from Wilson’s rant. This cemented the “deliberate troll” nature of the dossier Trump documents for me.

[silverleaf]

Bookmark

[Liz]

Holder and Obama got a big chunk of this.....

Obama and Congressional Democrats----with a huge assist from then-AG Eric Holder----have given NeighborWorks America (formerly ACORN) and La Raza a huge funding source of tax dollars to achieve Obama's dream of a permanent Democrat majority.

Obama/Holder/Dems are forcing taxpayers via DOJ litigation WRT bank settlements----into paying off these nefarious organizations.

DOJ went after CitiCorp and ordered them to pay $50 million to La Raza and NeighborWorks America as part of the settlement.

Another clause in the agreement makes it possible for La Raza and NeighborWorks America to rake in even larger amounts of money.

Of the remaining money the banks needed to pay in settlements, the banks were able to contribute additional money to La Raza and NeighborWorks America. For every dollar they contribute, it reduces their debt to the government by 2 dollars. That’s some mighty powerful incentive to give generously.

==================================================

House Judiciary Committee Chairman Bob Goodlatte (R-Va.) and House Financial Services Chairman Jeb Hensarling have questioned why this money was sent to the ACORN clone and the blood-thirsty LaRaza----rather than to the alleged victims of the bank’s crime. The administration of course declined to answer.

Here's part of the Congressmen's letter to Holder: “It seems that the alleged victims are not the primary beneficiaries of these multi-billion dollar settlements. Instead, the terms in the Justice Department’s two latest settlements look less like consumer relief and more like a scheme to funnel money to politically favored special interest groups.”

“This makes donations to activist groups far more attractive to banks than providing direct relief to injured consumers. As a result, the settlements appear to serve as a vehicle for funding activist groups rather than as a means of securing relief for consumers actually harmed.”

=======================================

AND THIS---Obama bullied bank to pay racial settlement without proof: report
NY Post ^ | 2/7/2016 | Paul Sperry / FR Posted by DCdude

Newly uncovered internal memos reveal the Obama administration knowingly exaggerated charges of racial discrimination in probes of Ally Bank and other defendants in the $900 billion car-lending business as part of a racial justice campaign that's looking more like a massive government extortion and shakedown operation

Obama's Consumer Financial Protection Bureau has reached more than $220 million in settlements with several auto lenders since the agency launched its anti- discrimination crusade against the industry in 2013. Several other banks are under active investigation. That's despite the fact that the CFPB had no actual complaints of racial discrimination--- it was all just based on half-baked statistics.

A 23-page internal report detailing CFPB's strategy for going after lenders shows why these companies are forking over millions of dollars in restitution and fines to the government despite denying any wrongdoing.

CFPB applied the screws to Ally, saying it had statistical evidence showing its participating dealers were œmarking up loan prices for blacks and Hispanics vs. whites (by an average of $3 a month). Ally fought back, insisting non-discriminatory factors, such as credit history, down payments, trade-ins, promotions and rate- shopping, explained differences in loan pricing. After conducting a preliminary regression analysis, the bank found these factors alone accounted for at least 70 percent of the “racial disparities” the government was claiming.

CFPB admits in the memo that it never considered these or other legitimate business aspects of the car deals it investigated

Also in its initial rebuttal, Ally complained CFPB's entire case was based on disparate impact statistics, not actual complaints by consumers, and that those estimates relied on guesswork about the race of the borrowers. (The auto industry does not report borrower race, so CFPB tried to ID race by last name and ZIP code, a so-called proxy method that is wildly inaccurate.)

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