“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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LIGHTER SIDE

Political Cartoons by AF Branco

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ALERT ALERT

Hillary Clinton Was Not Formally Under
FBI Investigation At Any Time In 2015-2016

On Tuesday, Inspector General Michael Horowitz testified in a joint Congressional hearing to the House Oversight and House Judiciary panels about his review of the FBI’s (mis)handling of the Clinton email investigation.

House Oversight Chairman Trey Gowdy (R-SC) came out swinging Tuesday in a a joint hearing held by the House Oversight and House Judiciary Committees.

Gowdy ripped into Comey in his opening statement, stating, “we can’t survive with a justice system we don’t trust.”

Investigative journalist Paul Sperry reported Horowitz dropped a bombshell in his testimony.

Horowitz revealed the FBI never named a target or even a subject in the Clinton email probe!

Sperry tweeted: BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. “Nobody was listed as a subject of this investigation at any point in time,” adding this was “surprising” for a crim probe

Paul Sperry@paulsperry_

BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. "Nobody was listed as a subject of this investigation at any point in time," adding this was "surprising" for a crim probe

So neither Hillary nor her top aides were formally under investigation by the FBI at any time in 2015-2016, tweeted Sperry.

IG HOROWITZ DROPS BOMBSHELL DURING SENATE TESTIMONY:

“Nobody was listed as a subject of this [Clinton email] investigation at any point in time,” adding this was “surprising”

So neither Hillary nor her top aides were formally under investigation by FBI at any time in 2015-2016!

Paul Sperry@paulsperry_

IG HOROWITZ DROPS BOMBSHELL DURING SENATE TESTIMONY:

"Nobody was listed as a subject of this [Clinton email] investigation at any point in time," adding this was "surprising"

So neither Hillary nor her top aides were formally under investigation by FBI at any time in 2015-2016!

Paul Sperry@paulsperry_

BREAKING: Horowitz revealed that Hillary was never really under formal investigation, never listed by FBI as a "subject" of investigation.

President of Judicial Watch Tom Fitton reacted to this bombshell bias from the FBI.

Tom Fitton  @TomFitton

.@RealDonaldTrump is a subject, but Hillary Clinton was never a "subject." Outrageous. Shut the Strzok-Page-Comey-McCabe-Lynch-Yates-Glenn Simpson-Steele-Brennan-Fusion GPS-Muller special counsel "stop @realDonaldTrump" investigation down.

Paul Sperry@paulsperry_

BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. "Nobody was listed as a subject of this investigation at any point in time," adding this was "surprising" for a crim probe

tigation’ into Hillary Clinton’s use of a private server was a complete sham.

No subjects were named, immunity was handed out like candy and Hillary was exonerated before witnesses were interviewed, including Hillary Clinton herself.

Hillary Clinton’s ‘interview’ with the FBI wasn’t even under oath.

Even more egregious, Hillary discussed pregnancy and babies during the majority of the 2.5 hour FBI interview because one of her lawyers was pregnant at the time.

Inspector General Horowitz also testified in front of the Senate Judiciary Committee Monday.

TEA PARTY TARGET

Targeting Of Tea Party Groups
John McCain’s Staff Director Urged Lois Lerner
And IRS To Engage In “Financially Ruinous”

Conservative watchdog group, Judicial Watch obtained IRS documents Thursday revealing backstabber Senator John McCain’s former staff director urged the IRS, including the corrupt Lois Lerner to engage in “financially ruinous” targeting of conservative Tea Party groups.

And they did.

The IRS Conservative Targeting Scandal involved:

  • Hundreds of conservative groups were targeted
  • At least 5 pro-Israel groups
  • Constitutional groups
  • Groups that criticized Obama administration
  • At least two pro-life groups
  • An 83 year-old Nazi concentration camp survivor
  • A 180 year-old Baptist paper
  • A Texas voting-rights group
  • A Hollywood conservative group was targeted and harassed
  • Conservative activists and businesses
  • At least one conservative Hispanic group
  • IRS continued to target groups even after the scandal was exposed
  • And… 100% of the 501(c)(4) Groups Audited by IRS Were
  • Conservative

Now this…

Via Judicial Watch:

Judicial Watch today released newly obtained internal IRS documents, including material revealing that Sen. John McCain’s former staff director and chief counsel on the Senate Homeland Security Permanent Subcommittee, Henry Kerner, urged top IRS officials, including then-director of exempt organizations Lois Lerner, to “audit so many that it becomes financially ruinous.” Kerner was appointed by President Trump as Special Counsel for the United States Office of Special Counsel.

The explosive exchange was contained in notes taken by IRS employees at an April 30, 2013, meeting between Kerner, Lerner, and other high-ranking IRS officials. Just ten days following the meeting, former IRS director of exempt organizations Lois Lerner admitted that the IRS had a policy of improperly and deliberately delaying applications for tax-exempt status from conservative non-profit groups.

Lerner and other IRS officials met with select top staffers from the Senate Governmental Affairs Committee in a “marathon” meeting to discuss concerns raised by both Sen. Carl Levin (D-MI) and Sen. John McCain (R-AZ) that the IRS was not reining in political advocacy groups in response to the Supreme Court’s Citizens United decision. Senator McCain had been the chief sponsor of the McCain-Feingold Act and called the Citizens United decision, which overturned portions of the Act, one of the “worst decisions I have ever seen.”

In the full notes of an April 30 meeting, McCain’s high-ranking staffer Kerner recommends harassing non-profit groups until they are unable to continue operating. Kerner tells Lerner, Steve Miller, then chief of staff to IRS commissioner, Nikole Flax, and other IRS officials, “Maybe the solution is to audit so many that it is financially ruinous.” In response, Lerner responded that “it is her job to oversee it all:”

Henry Kerner asked how to get to the abuse of organizations claiming section 501 (c)(4) but designed to be primarily political. Lois Lerner said the system works, but not in real time. Henry Kerner noted that these organizations don’t disclose donors. Lois Lerner said that if they don’t meet the requirements, we can come in and revoke, but it doesn’t happen timely. Nan Marks said if the concern is that organizations engaging in this activity don’t disclose donors, then the system doesn’t work. Henry Kerner said that maybe the solution is to audit so many that it is financially ruinous. Nikole noted that we have budget constraints. Elise Bean suggested using the list of organizations that made independent expenditures. Lois Lerner said that it is her job to oversee it all, not just political campaign activity.

President of Judicial Watch, Tom Fitton had this to say about the newly obtained IRS documents showing more proof the agency was weaponized under Obama:

“The Obama IRS scandal is bipartisan – McCain and Democrats who wanted to regulate political speech lost at the Supreme Court, so they sought to use the IRS to harass innocent Americans. The Obama IRS scandal is not over – as Judicial Watch continues to uncover smoking gun documents that raise questions about how the Obama administration weaponized the IRS, the FEC, FBI, and DOJ to target the First Amendment rights of Americans.”

Tom Fitton  @TomFitton

The Obama IRS scandal is not over – as Judicial Watch continues to uncover smoking gun documents that raise questions about how the Obama administration weaponized the IRS, the FEC, FBI, and DOJ to target the First Amendment rights of Americans.

Judicial Watch Obtains IRS Documents Revealing McCain’s Subcommittee Staff Director Urged IRS to...

McCain minority staff director Henry Kerner to IRS official Lois Lerner and other IRS officials: “the solution is to audit so many that it becomes financially ruinous” (Washington, DC) – Judicial...

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