He sets up a slush fund to benefit his pet radical Leftist street organizing groups.
He, and his Lefty colleagues are also taking aim at businesses that run afoul of their climate change bullshit. Democrat governors are already on board wanting to hold oil companies accountable for not relaying to their customers Leftist claptrap nonsense on glo-bull warming, much like the government did with tobacco companies.
They’re now intending criminalizing politics and scientific points of views. The fines that they intend to levy against these companies, if the successfully get their way, will then be reduced if the companies ”contribute” to certain approved NGO’s and civil organizations.
This is tyranny.
The deal ensured the Obama administration that a certain part of the settlement funds would go to friendly liberal groups, bypassing the normal congressional appropriations.
Among the groups receiving the money were Hispanic civil rights group the National Council of La Raza ($1.5 million), the National Urban League ($1.1 million) and the Neighborhood Assistance Corporation of America ($750,000).
Bank of America gets half off its Justice Dept. settlement
Republicans have sharply criticized that part of the settlement as well as near-identical language in multi-billion settlements with Citigroup, Morgan Stanley and Goldman Sachs, arguing that the administration has created a “slush fund” for liberal groups. The settlement skirts federal law, which says that any revenue obtained by the government must go to the Treasury and cannot be redirected to third parties. The deals circumvented that by requiring the banks to make “voluntary” donations before they officially entered into the settlement.
“This is nothing short of a shakedown and another example of how the Obama administration is rigging the system to benefit their political allies. Instead of directing settlements directly to victims or returning the money to the U.S. Treasury, President Obama set up a slush fund for community organizers and other liberal activists. This is outrageous,” said Rep. Sean Duffy, R-Wis., chairman of the Financial Services Committee’s Oversight and Investigations Subcommittee.
A Justice Department spokesman did not respond to a request for comment.