easyt65
Diamond Member
- Aug 4, 2015
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Obama admin accused of forcing bank to pay baseless racial settlement
"Newly uncovered internal memos reveal the Obama administration 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."
BOTTOM LINE:
The Obama ADMINISTRATION was just BUSTED running a govt racially-based extortion / SHAKEDOWN operation and intentionally causing further racial division in this country while helping others financially benefit from false accusations / claims of racial descrimination!
I guess he figured it worked so well for his pals Jesse 'Pay The rainbow Coalition Money To Pay For My Illegitimate Baby Or I will Falsely Brand You / Your Company' Jackson and Reverend Al 'Pay Me Money Or I Will Falsely Brand You / Your Company As A Racist, Too'' Sharpton that he thought he would get into the 'business'!
"This department was the brainchild of Elizabeth Warren."
-- Yeah, leave it up to the 'fake Woowoo' to drum up fake cases of discrimination!
Obama admin accused of forcing bank to pay baseless racial settlement
"Newly uncovered internal memos reveal the Obama administration 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."
BOTTOM LINE:
The Obama ADMINISTRATION was just BUSTED running a govt racially-based extortion / SHAKEDOWN operation and intentionally causing further racial division in this country while helping others financially benefit from false accusations / claims of racial descrimination!
I guess he figured it worked so well for his pals Jesse 'Pay The rainbow Coalition Money To Pay For My Illegitimate Baby Or I will Falsely Brand You / Your Company' Jackson and Reverend Al 'Pay Me Money Or I Will Falsely Brand You / Your Company As A Racist, Too'' Sharpton that he thought he would get into the 'business'!
"This department was the brainchild of Elizabeth Warren."
-- Yeah, leave it up to the 'fake Woowoo' to drum up fake cases of discrimination!
Obama admin accused of forcing bank to pay baseless racial settlement