Oh, well in that case, I guess half a trillion dollars in waste ain’t so bad, huh?
Obama Siphoned off GSE Dividends To Prop Up OBAMACARE
ZeroHedge ^ | April 2, 2017 / FR Posted on by Zakeet
Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration.
The audacious looting involved funnelling hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system. [Snip]
The conclusion reached by Corsi and others is that this was probably illegal. In fact, House Republicans actually sued the Obama Administration in 2014 over the fact that the subsidies to insurers weren't appropriated by congress and won, which the Obama administration appealed.
Zerohedge and the Atlanta Journal Constitution pointed out last week, the Trump administration has until May 22nd to decide whether or not to pursue the appeal: (Excerpt) Read more at zerohedge.com ...
Clinton stooge Janet Napolitano who is president of the University of California misplaced $175 million in secret reserves when the university’s governing board voted to raise tuition earlier this year. She said oops and keeps her job.
http://www.sacbee.com/news/politics-government/capitol-alert/article148194649.html
She is also in charge of the Berkeley campus where terror rains.
Oh, well in that case, I guess half a trillion dollars in waste ain’t so bad, huh?”
Not if DEMS spent/got it !!