In part 1 of Meet the FFB, we discovered how Congress had created their own mafia-style loan sharking Federal Financing Bank where designated Congressional committees have had little to zero oversight in billions of dollars in “loans” where taxpayers lose huge amounts of money. ( think Solyndra here ) Meanwhile, politicians are stuffing their campaign coffers, crony-capitalists, union bed-pals, friends,and relatives wallets, through mafia-style influence peddling. The political appointees of the Treasury dept.’s ‘head nod’ is all that is required for billions of taxpayer dollars to be doled out, sometimes at little to zero interest. The Treasury believes that the FFB loan-sharking and political influence-peddling is strictly legal according to the FFB’s charter, but that false belief comes from the fact that Congress just decided to give themselves the power to ignore the United States Constitution when they created their own loan sharking and influence-peddling bank.
Tagged with: Barack Obama big government Conservative News Democratic party Democrats discrimination federal spending Green Energy Green energy scam liberals Marxism Obama2012 socialism taxes taxpayer abuse U.S. Constitution wealth redistribution