Thursday, August 28, 2014

DOJ To Give Money From Bank Of America Settlement To LaRaza And ACORN

Calling it "a wealth redistribution scheme disguised as a lawsuit," Judicial Watch reports that the Department of Justice is giving liberal activist groups money from a $16.6 billion settlement with Bank of America.




(Daily Caller) The groups benefitting from the lawsuit, according to Investor’s Business Daily, are the National Council of La Raza, Operation Hope, National Community Reinvestment Coalition, and Neighborhood Assistance Corporation of America. The money also went to "delinquent borrowers" in Chicago, Oakland, Detroit, Philadelphia, and other major “Democrat strongholds.”

"This is a wealth redistribution scheme disguised as a lawsuit," Tom Fitton, president of Judicial Watch, told The Daily Caller. "And who benefits from the distribution? Interest groups the administration relies on, outside interest groups, allies and politicians in communities trying to benefit as well."

Fitton noted that these liberal groups are basically what’s left of the Association of Community Organization for Reform Now (ACORN) network, and that President Barack Obama has ties to ACORN.

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Posted By: Chris Carmouche