Obama Is Funding The Anti-Trump Movement With Taxpayer Money

Barack Obama is funding the anti-Trump movement through a series of backdoor deals and policies.  Wall Street may be surprised to learn that it is also helping bankroll the anti-Trump “resistance” whether they wanted to or not. Wall Street is fighting policies which would heavily favor it, including corporate tax cuts and the repeal of Obama-era banking and health-care regulations.

We have the Obama administration to thank for the harsh anti-Trump movement by far left groups, according to an article by the New York Post. 

The Obama administration’s massive shakedown of Big Banks over the mortgage crisis included unprecedented back-door funding for dozens of Democratic activist groups who were not even victims of the crisis. At least three liberal nonprofit organizations the Justice Department approved to receive funds from multibillion-dollar mortgage settlements were instrumental in killing the ObamaCare repeal bill and are now lobbying against GOP tax reform, as well as efforts to rein in illegal immigration. An estimated $640 million has been diverted into what critics say is an improper, if not unconstitutional, “slush fund” fed from government settlements with JPMorgan Chase and Co., Citigroup Inc. and Bank of America Corp., according to congressional sources.

The payola is potentially earmarked for third-party interest groups approved by the Justice Department and HUD without requiring any proof of how the funds will be spent. Many of the recipients so far are radical leftist organizations who solicited the settlement cash from the administration even though they were not parties to the lawsuits, records show.

“During the Obama administration, groups committed to ‘revolutionary social change’ sent proposals and met with high-level HUD and Justice Department officials to try to get their pieces of the settlement pie,” Cause of Action Institute vice president Julie Smith told The Post. –New York Post

It isn’t immediately clear how much money, in all, has been diverted from settlement funds to these and other hardcore left-wing organizations. Attorney General Jeff Sessions has ordered a full audit of the funds while discontinuing the practice of funneling Justice Department settlements to third-party groups, but not before the Obama administration doled out massive amounts of money to groups with “anti-Trump” sentiments. “Any settlement funds should go first to the victims and then to the American people [through the US Treasury] — not to bankroll third-party special interest groups or the political friends of whoever is in power,” Sessions said in a recent statement.

Which means that Obama himself didn’t fund the anti-Trump movement; the taxpayers did – whether they liked it or not.

The Independent Community Bankers of America, a national voice for more than 5,700 large and small banks, said it opposes the government practice of providing back-door funding to unrelated groups. But it still hasn’t stopped regardless of Sessions’ attempts combined with those of the ICBA. “ICBA believes the funds should go towards affected victims,” a spokeswoman for the banking trade association told The Post.

The Post has learned that the Consumer Financial Protection Bureau continues to force financial institutions it prosecutes to donate to third-party community organizers. More, penalties in such cases are deposited into the Bureau’s now-$170 million-plus Civil Penalty Fund, which has, in turn, channeled almost $30 million to “consumer advocacy” groups. –The New York Post

CFPB director Richard Cordray is an Obama holdover, whose special five-year term doesn’t expire until 2018. It has also been suggested that the Trump administration fire Cordray. 

via www.shtfplan.com

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14 comments

  1. Seems like everyday we find something new that this scumbag has done to take the United States down. Enough of him and his sycophant a$$ kissers. AND THEY STILL DON’T KNOW HE REALLY IS???

  2. Trump’s “swamp” will not get drained until every one of Obama’s past administration and all of the land mines Obama left behind are disarmed and/or exploded. Early on, Trump’s administration found this mine, wherein companies are sued and then penalties are negotiated downward if the company agrees to pay the penalty to a third party (always a leftist group of criminals). It was illegal and Trump said to stop it, but the fellow controlling the funds is still paying the funds out to the criminals (a land mine). Cordray is the name of this mine and he clearly needs to be fired in order to stop the illegal action. Obama is diabolical in finding ways to cheat and damage the American government. It would be really fun to see Obama go to jail for his crimes against the country. Maybe Sessions can get off his butt and see that it happens.

    1. Everybody’s got to die somehow! Be a man, say what you feel, If our Forefathers has been like you, we wouldn’t be having this conversation! Come on bro, we need you!

  3. something should be done to this evil man who will not leave .dc. and leave trump alone. obama is no longer president and most whites except a few stupid college kids hate his guts. get rid of him now. he a crook stealing , america hater, n o good lying jerk

  4. Obama is nothing but a glorified hood-rat! He is a habitual liar, a cocaine addict, and the most anti-American, POTUS ever! He began his run for the presidency in the home of two domestic terrorists, Bill Ayers, and Bernadine Dorn! He had anarchists in his administration, Eric Holder, was a member of the SLA, (Symbianese Liberation Army) the group in the 70’s that kidnapped Patty Hearst, and Holder was present during an armed takeover of the ROTC building at Columbia University! Then there is Valerie Jarrett who said she is Iranian, and she was going to use American Religious Freedom against America, to promote Sharia Law in America! Obama brought in The Muslim Brotherhood, into the “Peoples House!” His Family spent over $100M if tax payer funds to take lavish vacations! Susan Rice, married to a big shot media mogul, and all of this adds up to treason! The DNC backed this criminal the whole way, knowing that he is purely, an anti-American anarchist! After all Obama and “old-money-bags,” George Soros, have done to divide, and destabilize America, is it too far-fetched, to believe that Obama faked his birth certificate, and truly wasn’t eligible to become POTUS? I think not! If we are ever going to MAGA, we have to take out several members of the Democrat Socialists of America, and seal-team-6, should be the ones to do it! Hillary Clinton was supposed to be elected, and that would have been a “store-front” for Obama’s third term! He could have finished the job of rolling America over for the NWO, only after all of their promises, after all of the wasted funding, and after all of the cheating, they still managed to lose, to President Trump! That is the reason that Obama has become the only ex-POTUS, to take up residence only a few miles from the White House! He brought in his administration, because the self described global elitists, told him that he had better not go anywhere until it was completed! With Hillary as a front, obama was going to give them the ey to America, confiscate our guns, leaving us completely vulnerable, and load us up, and take us to concentration “FEMA” camps just like Adolph Hitler, did the Jews! Never let them take your guns! Back President Trump and let’s oust the traitors!

  5. Obama, Soros, Ayers, Holder, Jarrett, Rice, Van Jones, James Kilgore, Debbie Wasserman Schultz, Clinton, Pelosi, Cummings, Schumer, Schiff, Gore, Dean, MCain, Ohr, Ohrs Wife, the Sunsteins, the CIA, FBI, Lynch, Comey, Bloomberg and so, many more, have to go! President Trump bring in our patriotic seal teams!

  6. this communist gangster an his puppet master soros, need to be locked up trail for treason an put on death row, awaiting the noose or bullet. his legacy, should read out, 1st potus executed for treason.

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