Submit your comments on this article |
-Lurid Crime Tales- |
Obama bullied bank to pay racial settlement without proof: report |
2016-02-09 |
[NYPOST] Newly uncovered internal memos reveal the B.O. regime knowingly exaggerated charges of racial discrimination in probes of Ally Bank and other defendants in the $900 billion car-lending business as part of a "racial justice" campaign that's looking more like a massive government extortion and shakedown operation. So far, Obama's Consumer Financial Protection Bureau has reached more than $220 million in settlements with several auto lenders since the agency launched its anti-discrimination crusade against the industry in 2013. Several other banks are under active investigation. That's despite the fact that the CFPB had no actual complaints of racial discrimination -- it was all just based on half-baked statistics. A confidential 23-page internal report detailing CFPB's strategy for going after lenders shows why these companies are forking over millions of dollars in restitution and fines to the government despite denying any wrongdoing. The high-level memo, sent by top CFPB civil-rights prosecutors to the bureau's director and revealed by a House committee, admits their methods for proving discrimination were seriously flawed from the start and had little chance of holding up in court. Yet they figured they could muscle Ally, as well as future defendants, with threats and intimidation. |
Posted by:Fred |
#4 The last American slaves were whites from a segregated Army, circa 1941, doing forced labor in Japanese industry. |
Posted by: Procopius2k 2016-02-09 16:16 |
#3 It's all "restitution for slavery" in his eyes. |
Posted by: g(r)omgoru 2016-02-09 13:35 |
#2 that's looking more like a massive government extortion and shakedown operation. The MO of some of the best known 'community activists' |
Posted by: Procopius2k 2016-02-09 08:46 |
#1 'It's just what community organizers do'. Save 15% or more with Geico. |
Posted by: Airandee 2016-02-09 06:28 |