The anti-Trump resistance, as they liked to be called, is not what they seem. For all their rhetoric about greed and corruption, the mirror is pointing directly at them.
For instance, those fat cats on Wall Street might be shocked to learn they are blindly assisting the anti-Trump “resistance.” You remember the so-called movement that’s aggressively fighting policies it favors. Things like corporate tax cuts and the repeal of Obama-era banking and health-care regulations.
It’s time to think back. Remember 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? Remember?
Well, fast forward to 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. They are currently lobbying against GOP tax reform, as well as efforts to rein in illegal immigration.
Can that be?
Yes it can with an estimated $640 million being diverted into what is widely called 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. Naturally, the “sources” are terrified to be unmasked in a town that relishes doing so.
This bonanza of cash is potentially earmarked for “third-party interest groups” (huh?) approved by the Justice Department and HUD without requiring any proof of how the funds will be spent. Who are the recipients? Many are radical leftist organizations who solicited the settlement cash from the administration even though they were not parties to the lawsuits, records show.
There is the National Council of La Raza. This “Hispanic-rights group” was hysterical over the attempted “skinny repeal” of Obamacare after receiving at least $1.5 million from the Obama regime’s bank settlement funds, congressional researchers say.
They argued the Trump proposal would have a “harmful impact” on the Hispanic community, including stripping potentially “8 million Latinos” of medical coverage. This is talking points at its finest without bothering to inject facts.
The group has a long history of promoting illegal immigration and advocating for welfare benefits and even driver’s licenses for undocumented Latino immigrants. Their latest “what have you got” protest is naturally any physical barrier to keep illegal aliens out of the U.S. They have “rights” too you know.
La Raza works closely with the Congressional Hispanic Caucus and has teamed up with an anti-Trump resistance group. Indivisible, which was co-founded by La Raza has alumni including Angel Padilla. They march and yell to try to stop any bill that punishes sanctuary cities getting to Trump’s desk to become law.
Hold people illegally in this country accountable? Hell no, we won’t go.
Then there is the National Urban League. Let’s see now, after receiving at least $1.2 million from the bank-settlement slush fund, the African-American advocacy group solicited its supporters to oppose efforts to repeal Obamacare. Stop me if this sounds redundant. Oh never mind, they say, “African-Americans stand to be disproportionately impacted.” Really?
They claim over five million black people would lose coverage under repeal legislation. Again, really?
We continue to the National Community Reinvestment Coalition. What have the boys been up to? After securing over $2.6 million in funds under settlement in the Obama-era mortgage suits, the liberal housing-rights group has slammed tax-reform proposals by the Trump administration as unfair. They have also attempted to block efforts to privatize mortgage giants Fannie Mae and Freddie Mac. And their fact-free quote is it will “deepen the racial wealth gap.”
No one actually knows how much money has been diverted from settlement funds to these left-wing organizations. Attorney General Jeff Sessions has ordered a full audit of the funds and discontinued funneling Justice Department settlements to third-party groups.
Who will be first to call that “racist?”
Alas, the Consumer Financial Protection Bureau continues to force financial institutions it prosecutes to donate to third-party community organizers. And another surprise; CFPB director Richard Cordray is an Obama holdover, whose special five-year term doesn’t expire until 2018. What a coincidence.