Saturday, August 30, 2014

OBAMA AND HOLDER FIND YET ANOTHER SCAM TO BENEFIT DEMS AND SCREW TAXPAYERS

Here's another Dept. of Justice shakedown scheme benefiting liberals.

Judicial Watch reports that the Department of Justice is giving liberal activist groups money from a $16.6 billion settlement with Bank of America which resulted from the toxic mortgages it acquired from its takeover of Contrywide Home Loans.  One would think that the funds would be applied to reducing the deficit.  But no!  Instead they will be given to Democratic special interest groups.

The groups benefiting from the lawsuit, according to Investor’s Business Daily, are the National Council of La Raza, Operation Hope, National Community Reinvestment Coalition, and Neighborhood Assistance Corporation of America. The money also went to “delinquent borrowers” in Chicago, Oakland, Detroit, Philadelphia and other major “Democrat strongholds.”

“This is a wealth redistribution scheme disguised as a lawsuit,” Tom Fitton, president of Judicial Watch, told The Daily Caller. “And who benefits from the distribution? Interest groups the administration relies on, outside interest groups, allies and politicians in communities trying to benefit as well.”

http://dailycaller.com/2014/08...
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