“Hardest Hit Fund” to Help Struggling Homeowners Spent Millions on Parties, Bonuses, Cars

Image result for hardest hit fund fraudA multi-billion-dollar government program launched by Obama to help families hit by the housing crisis squandered millions on parties, employee bonuses, cars, and superfluous data storage. The program is known as Hardest Hit Fund and operates under the Treasury Department, which does little to oversee it and sits by as federal audits expose pervasive fraud and waste. The findings of the latest probe were released this month by the inspector general of another reckless Treasury gem, the Troubled Asset Relief Program (TARP), Obama’s disastrous initiative to rescue the nation’s ailing financial institutions.

The findings are documented in an exhaustive 93-page report that should enrage every American taxpayer. For those who don’t have the stamina to get through the entire document, here are some highlights; $3 million in expenses, deemed “unnecessary” by the watchdog, were spent on picnics, barbecues, gift cards, a new customer center, employee bonuses, cars, and more. Here’s a breakdown straight out of the federal audit; $598,374 went to car allowances, free parking, and other transportation perks; $342,728 was spent on settlements, severance, and other employee legal expenses; $342,407 went to employee bonuses, cash debit cards, gifts, and other perks; $258,333 was spent on “avoidable” data storage expenses; $150,618 on barbecues, parties, picnics, steak and seafood dinners, and other food and beverages. The rest was spent on unemployment payments to former employees and a customer center in Rhode Island that had already received federal money years earlier for a new office.

“Taxpayers are paying more for this program than is necessary, and losing Federal dollars to waste, because Treasury is not following its own contract to limit TARP spending to only expenses necessary to modify loans or demolish blighted houses,” the inspector general writes in the report. “Treasury has also allowed state agencies to charge TARP for expenses not included in the Permitted Expenses, such as food and beverages, which are not necessary to modify loans or demolish blighted houses.” The probe was requested by a U.S. senator in the aftermath of a 2016 audit exposing $8.1 million in waste in Nevada’s Hardest Hit Fund. In that case the money was blown on outrageous things like employee outings, staff lunches and gifts, parties, a fancy car for a supervisor, and severance pay for a top official. The Treasury Department never bothered trying to recover the money, according to the audit, and the fraud continues to grow.

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Cool stuff, thanks for the share.

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Tom Fitton: Trump Was Victimized, Targeted by FBI,
Clinton Campaign, Russian Operatives, Obama Admin
and Fusion GPS

Judicial Watch founder and President Tom Fitton hammered the corrupt Mueller investigation on FOX and Friends Weekend on Saturday morning. Tom blasted the corrupt Obama Justice Department and declared the Trump-Russia collusion investigation over after Friday’s sham announcement of the indictment of 13 Russians.

Tom Fitton calls out the corrupt Justice Department on their criminal activity against candidate and President Trump.

Tom Fitton: At the end we have the massive Russia investigation that finds no collusion with the Trump Campaign. I don’t understand why we are still talking about a Special Counsel investigating the president in light of this indictment… Look those who say the Trump campaign colluded with the Russians are going to have to start providing evidence other than the Clinton-DNC dossier. Look this was in the news this week. We had the Susan Rice memo indicting Joe Biden, Barack Obama, Sally Yates, James Comey and Susan Rice in a conspiracy to get Trump on Russia. You had information that the number four at the Obama Justice Department, Bruce Ohr, hid information on his relationship with the Clinton Campaign cash machine – basically Fusion GPS that was collaborating with the Russia to launch dirt or really defamatory dirt against President Trump into the FBI-DOJ apparatus. And now you have this indictment of Russians abroad, an indictment that’s never going to see the light of day in short of trial because they’re never going to come here. It’s never going to be tried. We’re never going to find out whether anything in the indictment’s true. And what would they rather be talking about? This indictment where they found, despite all the king’s horses and all the king’s men, not one American colluded with the Russians.

Why isn’t this Justice Department looking into the abuse of the FISA process? Look the Russians were trying to make it clear to the Clinton Camp that they had dirt on Trump and they were going to use it against him. And all of that was false. And Trump was victimized and the FBI, rather than trying to protect him, used it as a pretext working with the Clinton campaign to target him under the corrupt Obama administration. Look this indictment shows the Russian scandal is over as far as Trump is concerned.

 

Obama is center of anti-@RealDonaldTrump effort -- when will he be questioned on the Clinton-DNC dossier? And, do what do we have the FBI for -- the shooter screw-up? New Lawsuits on Unmasking, the DNC Hack and Comey DOC. My @JudicialWatch update. https://youtu.be/h0WB08SHmuQ

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