Archives for August 2014

IBD: Holder forces Bank of America to pay off left-wing community organizers

August 28, 2014, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement blasting part of the $17 billion settlement between Bank of America and the Justice Department that requires leftover funds to be given to the Interest on Lawyers’ Trust Account, NeighborWorks of America, La Raza, the National Community Reinvestment Coalition, the Neighborhood Assistance Corporation of America, Operation Hope, and the Mutual Housing Association of New York (an ACORN off-shoot), as revealed by Investor’s Business Daily:

“During the financial crisis, federal regulators supported Bank of America’s rescue of the bankrupt Countrywide, and now we know why. It ultimately gave the government a foothold to go after the larger Bank of America, and then to redirect the shakedown funds to community organizers that contributed to the financial crisis by coercing low-income, Community Reinvestment Act loans from financial institutions engaged in mergers.

“Congress needs to act to stop Eric Holder’s Justice Department from compelling this transfer, with similar shakedowns having occurred in the Citibank and JP Morgan Chase settlements. One thing is clear, the President and Attorney General never miss an opportunity to funnel government-extorted funds to their favorite community organizers.”

Interview Availability: Please contact Americans for Limited Government at (202)744-4427 or at media@limitgov.org to arrange an interview with ALG experts including ALG President Nathan Mehrens.

###

Border supplemental fails to stop Obama executive amnesty

August 1, 2014, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement urging rejection of H.R. 5230 as modified, the $694 million border supplemental that does not include the riders necessary to block more executive actions from the Obama administration to grant amnesty:

“House leadership is once again pushing its border supplemental through without including the necessary riders that will stop the White House from taking more arbitrary executive actions that might suspend deportations, grant legal status to millions presently here illegally, excuse visa overstays, or even grant refugee status. This is a missed opportunity to fully deal with the problems on the border and in our local communities. And fails to address the root cause of the current crisis: Obama’s flagrant disregard for the rule of law.”

Interview Availability: Please contact Americans for Limited Government at (702)383-0880 ext. 106 at media@limitgov.org to arrange an interview with ALG experts including ALG President Nathan Mehrens.

###