Despite claiming to be champion of average Americans oppressed by a corrupt capitalist system, one of the highlights of Barack Obama’s presidency was giving massive amounts of money to corrupt bankers.
Obama’s bailout of America’s largest banks was wildly unpopular on both sides of the aisle, but he insisted it was necessary.
Now, it appears, Obama might have had motivation beyond just “avoiding another Great Depression,” as he said at the time.
The New York Post reports:
At least three liberal nonprofit organizations the Justice Department approved to receive funds from multibillion-dollar mortgage settlements were instrumental in killing the ObamaCare repeal bill and are now lobbying against GOP tax reform, as well as efforts to rein in illegal immigration.
That’s right. Taxpayer money that Obama supposedly used to keep our economy from collapsing was instead given to liberal special interests.
And guess who those groups are today using that money to fight? Yep, President Trump.
So, whether Democrat or Republican, your money is being used to hamstring the Trump presidency.
And we’re not talking about small amounts here.
Back to the NY Post:
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An estimated $640 million has been diverted into what critics say is an improper, if not unconstitutional, ‘slush fund’ fed from government settlements with JPMorgan Chase and Co., Citigroup Inc. and Bank of America Corp., according to congressional sources.
The payola is potentially earmarked for third-party interest groups approved by the Justice Department and HUD without requiring any proof of how the funds will be spent. Many of the recipients so far are radical leftist organizations who solicited the settlement cash from the administration even though they were not parties to the lawsuits, records show.
To say this is a criminal offense is an understatement. It’s outright treason.
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