Michael Schaus

Once again, our Chicago-style Attorney General has proven that corruption is the basic foundation upon which the modern Democrat Party is built. Eric Holder, the nation’s top extortionist officer, has been running around the financial sector suing banks for anything (and everything) he can get away with. Ally Bank paid millions for alleged racist lending practices (an allegation the DOJ made without ever looking at loan portfolios), JP Morgan has shelled out billions for various anti-Obama comments regulatory infractions, and Bank of America just paid a $16.6 billion fine for their government-mandated role in the financial crises of 2008.

Aside from the fact that these onerous fines have not been coupled with any sort of actual criminal charges against any bank executives (I guess evidence of wrong doing is required for those pesky criminal cases), the DOJ’s handling of the fines is now raising even more serious questions. Apparently, Eric “Fast and Furious” Holder has been using the record breaking settlements to shore up the war chests of Progressive, Liberal, and Democrat non-profit organizations.

Social Justice, to our Department of Justice, means using the power of America’s top enforcement agency to bankroll the groups that help put Democrats in power. According to Judicial Watch, Holder’s so-called “Justice” Department has been “redistributing” these record breaking settlements to groups like La Raza, ACORN (remember that cute group that was ousted as a Democrat voter fraud machine?), and Operation Hope… Oh, and not that it really matters, but none of these groups were connected to the lawsuits that led to the record-breaking settlements. Heck, I was shocked to see that Obama’s Organizing for America wasn’t on the list.

Michael Schaus

Michael Schaus is a talk radio host, the Associate Editor for Townhall Finance, and the executive producer for Ransom Notes Radio. He is a writer, artist, and political humorist. Having worked in a wide range of industries (including construction, journalism, and financial services) his perspectives and world views are forged with a deep understanding of what it means to be an American conservative. Visit RightWingImage.com for more from Michael.


Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!