Day by Day Cartoon by Chris Muir

Friday, May 20, 2016

Feds Divert MILLIONS To ‘Slush Fund’ That Fuels These Liberal Activist Groups

From The Daily Caller:
Department of Justice officials diverted millions of dollars slated for victims of the 2008 housing meltdown to politically favored third parties, including “left-wing radical groups,” according to the chairman of a House of Representatives oversight subcommittee.

Rep. Sean Duffy , a Wisconsin Republican and chairman of the House Financial Services oversight and investigations subcommittee, said Friday the officials “skimmed” off three percent from mortgage-related bank settlements. This created what he called a $500 million “slush fund” that could be steered toward favored groups.
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“Many of us in Congress were alarmed when we found out about the bank settlements and the fact that money was not just going to victims and to the Treasury but there was a setup for settlement dollars to go to third-party groups,” he said.
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Duffy charged that Justice and HUD officials “at a high level” cooperated in shutting out conservative housing and community organizations from access to federal funds set aside for housing assistance.

Under terms set by the Justice Department, Duffy said he could read documents about the bank settlement disbursements but could not reproduce them for public dissemination.
Corruption, corruption, corruption!!!

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