Periodically, I’ve noted ways in which the seemingly out-of-nowhere madness sweeping our nation has actually been funded from the top-down, largely with our own money. My favorite example — because it was my own discovery, my first hint of the mechanism, and so clear a one — is PolicyLink, an activist organization largely funded through the federal government, sometimes indirectly (as when the state of Rhode Island was forced to hire the group as part of federally funded RhodeMap RI activities), that has used its resources in the past to fund research into transforming U.S. capitalism into far-left socialism.
Yes, there are billionaires funding the Left’s astroturf, such as Tom Steyer on environmentalism and the infamous George Soros, but a whole lot of the money comes from us, largely through debt that we’ll have to pay. No billionaire can beat the U.S. government for spending.
I mention this today, because I’m going through bookmarks of links on which I never managed to post and came across this, from the Sean Higgins in the Washington Examiner:
Bank of America has been able to reduce a multi-billion dollar mortgage fraud penalty imposed by the Justice Department by giving millions of dollars to liberal groups approved by the Obama administration.
The bank has wiped about $194 million off its record $16.6 billion 2014 mortgage settlement by donating to nonprofits and legal groups. Thanks to little-known provisions in the settlement, the bank only had to make $84 million in donations to do that. …
Among the groups receiving the money were Hispanic civil rights group the National Council of La Raza ($1.5 million), the National Urban League ($1.1 million) and the Neighborhood Assistance Corporation of America ($750,000).
Our government does not represent us. It is abusing us, and there’s no end in sight.