A friend of mine asked how this was even legal. I sure as heck don’t know.
Fine the banks for billions and then take that money and just give it to Obama supporters and friends? Third world politics totally. Chicago politics totally. We have definitely regressed as a country over the last decade.
Imagine if the president of the United States forced America’s biggest banks to funnel hundreds of millions—and potentially billions—of dollars to the corporations and lobbyists who supported his agenda, all while calling it “Main Street Relief.” The public outcry would rightly be deafening. Yet the Obama administration has used a similar strategy to enrich its political allies, advance leftist pet projects, and protect its legacy—and hardly anyone has noticed.