Most Corrupt Attorney General In History Concocts Yet Another Crooked Scheme

Holder Cut Left-Wing Groups In On $17 Bil BofA Deal – Investors Business Daily

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Extortion: Radical Democrat activist groups stand to collect millions from Attorney General Eric Holder’s record $17 billion deal to settle alleged mortgage abuse charges against Bank of America.

Buried in the fine print of the deal, which includes $7 billion in soft-dollar consumer relief, are a raft of political payoffs to Obama constituency groups. In effect, the government has ordered the nation’s largest bank to create a massive slush fund for Democrat special interests.

Besides requiring billions in debt forgiveness payments to delinquent borrowers in Cleveland, Atlanta, Philadelphia, Oakland, Detroit, Chicago and other Democrat strongholds – and up to $500 million to cover personal taxes owed on those checks – the deal requires BofA to make billions in new loans, while also building affordable low-income rental housing in those areas.

If there are leftover funds in four years, the settlement stipulates the money will go to Interest on Lawyers’ Trust Account (IOLTA), which provides legal aid for the poor and supports left-wing causes, and NeighborWorks of America, which provides affordable housing and funds a national network of left-wing community organizers operating in the mold of Acorn.

In fact, in 2008 and 2009, NeighborWorks awarded a whopping $25 million to Acorn Housing.

In 2011 alone, NeighborWorks shelled out $35 million in “affordable housing grants” to 115 such groups, according to its website. Recipients included the radical Affordable Housing Alliance, which pressures banks to make high-risk loans in low-income neighborhoods and which happens to be the former employer of HUD’s chief “fair housing” enforcer.

BofA gets extra credit if it makes at least $100 million in direct donations to IOLTA and housing activist groups approved by HUD.

According to the list provided by Justice, those groups include come of the most radical bank shakedown organizations in the country, including:

• La Raza, which pressures banks to expand their credit box to qualify more low-income Latino immigrants for home loans;

• National Community Reinvestment Coalition, Washington’s most aggressive lobbyist for the disastrous Community Reinvestment Act;

• Neighborhood Assistance Corporation of America, whose director calls himself a “bank terrorist;”

• Operation Hope, a South Central Los Angeles group that’s pressuring banks to make “dignity mortgages” for deadbeats.

Worse, one group eligible for BofA slush funds is a spin-off of Acorn Housing’s branch in New York.

It’s now rebranded as Mutual Housing Association of New York, or MHANY. HUD lists MHANY’s contact as Ismene Speliotis, who previously served as New York director of Acorn Housing.

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*VIDEO* Andrew Klavan: How To Speak Leftist


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CBO “Revises” Its 2014 GDP Forecast, Hilarity Ensues (As Always) – Tyler Durden

CBO “Revises” Its 2014 GDP Forecast, Hilarity Ensues (As Always) – Tyler Durden

The gross, in fact epic, incompetence of the Congressional Budget Office when it comes to doing its only job, forecasting the future state of the US economy, has previously been extensively documented here (and here and here and here). This incompetence is in the spotlight once again this morning with the CBO’s release of its latest forecast revision of its original February 2014 projection.

And while every aspect of the revised projection has changed, in an adverse direction of course, the punchline is the chart below: the CBO’s revised projection for 2014 GDP. It’s one of those “no comment necessary” visuals.

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Surprising? Hardly. After all the CBO is swarming with indoctrinated Keynesian cultists whose only achievement in life is to be wrong about everything (and then to blame the Fed for not “easing enough”). Here is how the CBO “explains” this 50%+ cut in its forecast in just 6 months:

CBO has lowered its projection of real growth of GDP in 2014 from 3.1 percent to 1.5 percent, reflecting the surprising economic weakness in the first half of the year.

Which as other Keynesian talking heads have already made quite clear was due to snow. That’s right: over $100 billion in forecast economic growth “evaporated” from the US economy because it… snowed.

The good news? The CBO refuses to forecast the “harsh weather” for the foreseeable future, and has kept all of its 2015 and onward GDP estimates as is. So when things go horribly wrong to the CBO’s forecast, which is 100% guaranteed to happen, the CBO can again blame “surprising economic weakness” because, well, everyone else is doing it.

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Those who wish to waste their time can find the source here.

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IRS Ethics Lawyer Faces Disbarment For Lying, Embezzlement

IRS Ethics Lawyer Accused Of Embezzlement, Might Lose Law License – Big Government

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A lawyer that works in the IRS ethics office faces charges that she lied to a court-appointed board looking into whether she embezzled several thousand dollars of her client’s money in a case she worked as a personal injury attorney before joining the IRS.

IRS ethics lawyer Takisha McGee is accused of diverting several thousand dollars she was supposed to pay to healthcare providers for a client in a case she took several years ago.

McGee is listed as a Section Manager of the Legal Analysis Branch on the IRS website.

Despite these public proceedings, the IRS refuses to comment on the case and continues to have McGee give lectures on ethics.

But theft isn’t all she stands accused of. McGee is also accused of lying to the D.C. Court of Appeals’ board of professional responsibility empanelled to review her case.

Additionally, she is accused of essentially intimidating her former client into writing a letter asking the board to dismiss the charges against her.

McGee’s client sent a letter to the board in 2011 saying that she was dropping any case against her one-time lawyer and urged the board to do the same. But the client later testified that McGee threatened to begin subpoenaing the client’s family members if the case continued.

“In its 43-page report, the board detailed the personal injury case, which resulted in an $8,900 insurance settlement,” The Washington Times reported this month. “But after receiving the settlement check, she failed to pay about $3,000 combined to two medical providers whom she was supposed to reimburse for treatment given to her client, according to records.”

Thus far the missing funds have not been located.

The board said it found “clear and convincing” evidence that McGee lied to them and that there was no reason to recommend any lesser punishment than a full disbarring.

“In addition to intentionally misappropriating third-party funds, respondent also violated a number of other ethics rules and gave false testimony during the hearing,” the board wrote in its ruling.

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Dipshit Tries To Get 12-Year-Old’s Lemonade Stand Shut Down – Town Tells Him To Get Bent

Man With No Life Tries to Squash 12 Year Old Lemonade Stand Entrepreneur Town Disagrees – Conservative Infidel

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An entrepreneurial boy’s efforts at his Florida neighborhood lemonade stand are not appreciated by one resident who has been fighting years to put him out of business.

T.J. Guerrero, 12, sells .50 cent cookies and $1 strawberry lemonade from a card table on a corner near his Dunedin home, when he’s not mowing lawns for extra cash to pay for his cell phone and dinners with his mother.

Business is good for Guerrero with many neighbors flocking to him for refreshment.

The traffic to the corner is what neighbor Doug Wilkey said is the problem in four separate e-mails he sent to the City Hall over the last two years to get Guerrero’s “illegal business” shut down, according to local news source Tampa Bay Times.

Wilkey, 61, contends the boy’s year-round business reduces his property value because of the excessive traffic, noise, trash, illegal parking it creates. Guerrero denied the exaggerated claim when he told the Times that he has never had more than five people in line at his stand.

The angry neighbor used fear tactics in his correspondence with the city in hopes to stop the street corner sales, “The city could possibly face repercussion in the event someone became ill from spoiled/contaminated food or drink sales,” Wilkey wrote in one email.

Dunedin planning and development director Greg Rice won’t shut the boy’s stand down and told Wilkey,”We are not out there trying to put lemonade stands out of business.”

Defending his stance on the offensive lemonade stand Wilkey wrote in his email, “If this were a once a year event by a couple kids to earn a little money for a holiday or something, I would not have a problem with it.”

The sheriff has been called on more than one occasion to keep the peace, but nothing has been permanently resolved.

Despite being so outspoken on the issue, Wilkey refused to talk to the Tampa Bay Times but became particularly enraged this summer when he wrote the town that the stand was back “AGAIN!!!!!!!!!!!!”

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*VIDEO* Alfonzo Rachel: No, Kareem Abdul-Jabbar, Ferguson Isn’t The Rich’s Fault


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Nothing Nazistic About This At All…

Government To Track ‘False, Misleading’ Ideas On Twitter – Ricochet

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Nope, this isn’t unsettling:

The federal government is spending nearly $1 million to create an online database that will track “misinformation” and hate speech on Twitter.

The National Science Foundation is financing the creation of a web service that will monitor “suspicious memes” and what it considers “false and misleading ideas,” with a major focus on political activity online.

The “Truthy” database, created by researchers at Indiana University, is designed to “detect political smears, astroturfing, misinformation, and other social pollution.”

One G-man’s “social pollution” is another free man’s First Amendment right. The very term sounds like something out of a 1920s Italian fascist tract. And why is the federal government even deciding which ideas are “false and misleading,” let alone tracking them?

According to the project’s grant, the service “could mitigate the diffusion of false and misleading ideas, detect hate speech and subversive propaganda, and assist in the preservation of open debate.”

In 2004, dissent was “the highest form of patriotism.” A decade later, it’s called “subversive propaganda” and categorized as the lowest form of treason. Truthy would add a button to Twitter so that people could report their neighbors and family members for Thoughtcrime against the State.

Filippo Menczer (who sounds like an author of that 1920s Italian fascist tract) is Truthy’s lead investigator and closely affiliated with “non-partisan” groups like President Obama’s Organizing for Action, Moveon.org and Greenpeace. The software’s very name comes from ardent conservative hater Stephen Colbert.

It’s hard to denounce the more paranoid allegations of Obama’s opponents when his administration routinely goes beyond their wildest imaginings.

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