Obama DOJ Busted Funneling Bank Fine Money to Far Left Activist Groups

Thomas Jefferson said “To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” But that is exactly what the Barack Obama Administration was doing, under the Department of Justice (DOJ) lead by Attorney General Eric Holder. Funds collected from bank fines, resulting from settlements with the DOJ, are paid to other groups rather than bank customers or taxpayers.

“Advocates for big government and progressive power are using the Justice Department to extort money from corporations,” Judicial Watch’s Tom Fitton told Fox News. “It’s a shakedown. It’s corrupt, pure and simple.”

Under the settlements, the banks were allowed and incentivized to send the money to non-victim groups. A great deal of the money ended up going to far-left political groups. Some of the groups receiving these funds included the National Council of La Raza, the National Community Reinvestment Coalition and the National Urban League.

A report of the Senate Committee on Homeland Security and Government Affairs documents NCRC’s “checkered history” and promotion of “illegal immigration and advocating for benefits and driver’s licenses for undocumented immigrants.” The NCRC also opposed the confirmation of Jeff Sessions as Attorney General.

Some of the money is being used to fund protests organized recently by far left groups. “The protests are as organic as a plastic cup,” says Fitton. “There is a massive left-wing infrastructure in place trying to protect the monstrous government created by the Obama administration.”

Sen. James Lankford (R-OK) has filed in the Senate the Stop Settlement Slush Fund Act of 2017 to end this abuse of settlement money. House Judiciary Committee Chairman Bob Goodlatte (R-VA), a strong champion of the Tenth Amendment and limited government, has filed similar legislation in the House.

Barack Obama had every intent to do everything possible to move the country to the far left when he said, days before the 2008 election, that we were just days away from fundamentally transforming America. He was serious, and meant every word of that. We can only hope that the Lankford and Goodlatte bills move forward on Capitol Hill, and that Congress puts a stop to this blatant abuse of government authority.