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Obama Nailed With Huge Corruption Lawsuit – $17 Billion Of Taxpayer Money Is Gone

Former President Obama disposed of the American people as he frequently ignored the wishes of our representatives in Congress.

Government watchdog Judicial Watch has filed a Freedom of Information Act (FOIA) lawsuit demanding the Department of Justice release all records of the Obama administration policy of forcing corporations to “donate” to Left-wing special interest groups (via Judicial Watch).

The lawsuit was filed as a result of a House Judiciary and Financial Services Committee investigation that determined the Department of Justice under Obama was extorting major corporations.

The committee found that Obama, “engaged in a pattern or practice of systematically subverting Congress’ budget authority by using settlements from financial institutions to funnel money to left-wing activist groups.”

For example, The Justice Department, under Attorney General Eric Holder, settled a $17 billion mortgage abuse case with Bank of America by demanding the bank donate to Left-wing organizations (via Investor’s Business Daily).

Instead of using the massive sum of money to compensate victims or fulfill shortfalls in the Federal budget the Obama administration illegally shuffled the money to radical liberals.

Only Congress has the authority to determine government spending. Unable to push funding for Left-wing groups through Congress, Obama created a slush fund at the Justice Department.

Frivolous lawsuits were filed against major corporations (including many banks) in the hopes that the corporations would settle out of court.

Included in the settlement agreements were stipulations that the corporations “donate” to Left-wing organizations that Congress refused to finance. In the $17 billion Bank of America lawsuit, Obama was able to force the bank to “donate” to Left-wing housing initiatives and special interest groups in support of Obama.

$7 billion from the settlement were directed to debt relief programs and to build low-income housing projects in major Democrat cities including Chicago and Detroit. Millions of dollars were also directed to liberal activist groups like the Mutual Housing Association of New York which is an offshoot of the disgraced radical group ACORN.

“It is hard to imagine a more abusive practice by the Obama Justice Department than shaking down corporations to funnel billions of dollars that should belong to the taxpayers into the pockets of the former president’s pet liberal causes,” explained Judicial Watch President Tom Fitton.

Thankfully, Attorney General Jeff Sessions ended the extortion racket. But we need to hold Obama accountable for his blatant abuse of authority.

What do you think about this comment below.

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9 Comments

9 Comments

  1. Laura Bell

    June 29, 2017 at 12:38 am

    What do I think? I think Obama should be held responsible for all his
    under-handed behavior. If he has broken the law and, from the explanation above, it seems he has and deserves to be punished.

  2. SweetyPy

    June 29, 2017 at 12:45 am

    SO thankful for Judicial Watch! Someone needs to hold this administration accountable for their misuse of American money. These monies should have gone to the ones who had lost out by these companies….NOT into the pockets of Left-Wing groups! Totally against the law!

  3. jim baxter

    June 29, 2017 at 12:56 am

    Yes , Obama should be held accountable for his illegale activities . They should be well advertized so everyone know whats happening .

  4. Pingback: Obama Nailed With Huge Corruption Lawsuit – $17 Billion Of Taxpayer Money Is Gone

  5. MLB921

    June 29, 2017 at 1:15 am

    PAY FOR PLAY. THE NORM FOR THE LEFT. GLAD TO SEE THIS. HOLD THIS TRAITOR ACCOUNTABLE!

  6. D

    June 29, 2017 at 1:19 am

    UNTIL THERE IS INDICTMENT, FOLLOWED THROUGH WITH A SENTENCE THAT ISN’T COMMUTED ALL THESE SEDITIOUS, TREASONOUS ACTS ARE FODDER FOR WE CAN DO WHAT WE WANT IN THE USA , LIKE PAID OFF DRUG CARTELS….OF COURSE WE MUST ALL REALIZE THAT AG SEESSIONS/WHITE HOUSE ,ETC HAS MUCH GOING ON (UNFATHOMABLE HOW MUCH THEY ARE DEALING WITH)…FIRST IS TAKING AWAY AND DECONSTRUCTING THE CRIPPLING OBAMINATIONS , FOR TO EFFECTIVELY ADDRESS THE SEDITIOUS AND TREASONOUS THEY MUST BE DONE IN A MANNER THAT LEAVES NO SPACE FOR SUPPOSITION AND CLARITY, THEREFORE NO “FREE RIDES’ or BARTERING FOR PREMIUM TARGETS, SACRIFICING UNDERLINGS IN BLAME TO JETTISON OUT..

  7. Pingback: Obama Embroiled In Massive Lawsuit After $17 Billion In Tax Dollars GOES MISSING – AnyPolitics

  8. Pingback: Obama Embroiled In Massive Lawsuit After $17 Billion In Tax Dollars GOES MISSING

  9. Pingback: OBAMA EMBROILED IN MASSIVE LAWSUIT AFTER $17 BILLION IN TAX DOLLARS GOES MISSING - Patriots On The Right

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