I have said since Obama was first elected that his presidency would be the most corrupt in history. That is unless Hillary Clinton is elected, then all bets are off.
Using the Community Reinvestment Act as cover, they have performed an aggressive shake down of the entire banking industry. Money that was given to the banks to pass on to those hurt by the housing crises did not get where it was supposed to go. The banks were allowed to write off $2 for every $1 donated to approved non-profits… liberal Progressive ones like La Raza. This funded Marxist groups to empower the election machines that rallied people for their causes. Now, that’s corruption on a staggering scale.
From Allen West:
The government created agencies and strengthened them in order to implement their original policy. The practice of crony capitalism resulted in an impending collapse. But government blamed it all on the banks, who were threatened into following their policy. The government demonized the banks and imposed fines on them. Then the government shakes down the banks to fund their ideological agenda in order to have their fines reduced. Remember ACORN and its role in getting Obama elected? Doggone, what a great racket huh? No wonder D.C. is considered a cesspool, and in all of this, the folks who were misled got no relief.
And you know what’s funny? The government is back at it again — many of those original policies that got us into the mortgage crisis are being reinstated.
There you have it, and it cannot be debated, the Obama administration will go down as the largest criminal organization in our history. And I didn’t even mention the IRS intimidation scandal. I didn’t have time to address the VA scandal where many of our veterans have died. I didn’t want to bore y’all with the details of providing taxpayer funds in the form of grants to sanctuary cities. And you know what, Obama is from Chicago, and so is Hillary Clinton…you want more of this? Money laundering, lies, deceit, mishandling of classified information, sexual escapades and intrigue, financial indiscretions….
Sometimes we get the government we deserve — a criminal organization.
Between the Iran deal, pay for play and too many scandals and corrupt deals to list… America has been taken for one hell of a ride by Obama and his comrades. The mortgage crisis they supposedly turned around is being done again and nothing has changed. This is going to end very, very badly.
As The Daily Caller pointed out, the Obama Administration has quietly funneled millions (and potentially billions) of dollars to leftist organizations and politicians that promote liberal policies and win political elections at the entry-level of government, according to the Wall Street Journal. Conservatives didn’t stand a chance after this started. We could have stopped it before it started, but this is bipartisan corruption and in full swing.
Those involved went through the Residential Mortgage-Backed Securities Working Group (RMBS). That is a collaborative effort by the Securities and Exchange Commission, the Department of Justice (including many United States Attorneys Offices), the New York State Attorney General’s Office and many others. It is a sleek and highly sophisticated shake down effort that Obama has used ruthlessly to put and keep the left in control.