Barack Obama’s administration has once more hit the news after Congressional investigators revealed that billions of dollars were transferred to activist organizations with the help of the Department of Justice.
“It’s clear partisan politics played a role in the illicit actions that were made,” Rep. John Ratcliffe, R-Texas, said. “The DOJ is the last place this should have occurred.”
“Advocates for big government and progressive power are using the Justice Department to extort money from corporations,” Judicial Watch’s Tom Fitton said. “It’s a shakedown. It’s corrupt, pure and simple.”
What happens is that, if big banks are sued by the country on the basis of discrimination or mortgage abuse, this can be resolved with banks donations to third-party non-victims. The settlements do not specify where the money goes or how it is spent. Leaving a mile-wide hole in any attempt at accountability.
Any background on the money or its final destination remains unrevealed. This is done so accountability can be easily achieved.
This way, around $3 billion were given to “non-victim entities.”
“The underlying problem with the slush funds is we don’t know exactly where the money is going,” Ted Frank, director of The Competitive Enterprise Institute Center for Class Action Fairness, told Fox News.
“Using enforcement authority to go after corporate defendants, DOJ bureaucrats are taking billions away from taxpayers to fund their pet projects overriding congressional preferences.”
Among these organizations are also the National Council of La Raza, the National Community Reinvestment Coalition and the National Urban League, all of which have received money.
According to House Judiciary Chairman Bob Goodlatte, “Congress must permanently end the abuses Obama’s Justice Department exploited to use settlements to funnel money to their liberal friends.”
We are guessing Try Gowdy will have a handful with this one!
What do you think about this? Do you think Gowdy will get to the bottom of it?