the Obama Foundation is “holding” the $100 mill till “needed.”
(DR DUDE) B/O did this many times without oversight. How much did they steal?
You got that right. The looting scheme was nailed from the getgo.The Obama crowd (never expecting to lose) left a huge paper trail----
soon as they occupied the WH, Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury.....
ponder that...... Rham was Obama's COS AND controlled Treasury.
"Mr President, you are now in complete control of the US Treasury."
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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move. When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09
More here: http://online.wsj.com/article/SB124113406528875137.html
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REFERENCE--- Obama's $1.3B giveaway to Iran was paid in cash Jan 22 and Feb 5 from a little-known fund administered by the US Treasury.The so-called Judgment Fund is made up of tax dollars Congress has permanently approved in the event it's needed....
SOURCE: fiscaltreasury.gov. -----The Judgment Fund was established to pay court judgments and Justice Department compromise settlements of actual or imminent lawsuits against the government. It is administered by the Judgment Fund Section, which is a part of the United States Department of the Treasury, Bureau of the Fiscal Service. The Judgment Fund Internet Claims System (JFICS) is the application used to process all Judgment Fund claims.
The Judgment Fund is a permanent, indefinite appropriation available to pay judicially and administratively ordered monetary awards against the United States. The Judgment Fund is also available to pay amounts owed under compromise agreements negotiated by the U.S. Department of Justice in settlement of claims arising under actual or imminent litigation, if a judgment on the merits would be payable from the Judgment Fund. The statutory authority for the Judgment Fund is 31 U.S.C. 1304.
If funds for paying an award are otherwise provided for in the appropriations of the defendant agency, the Judgment Fund may not pay an award. A federal agency may request that payment of an award be made on its behalf from the Judgment Fund only in those instances where funds are not legally available to pay the award from the agency's own appropriations.
Amounts paid vary significantly from year-to-year. Federal agencies are not required to reimburse the Judgment Fund except when cases are filed under the Contract Disputes Act (CDA) or the No FEAR Act (Notification and Federal Employee Antidiscrimination and Retaliation Act).
fund@fiscal.treasury.gov or 202-874-6664.
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We need to see Valerie's donation solicitations to foreign entities for the Obama Foundation....should be good for a laugh.