Friday, February 24, 2012

DEMOCRATIC ATTORNEYS GENERAL SNAG $1.1 BILLION SLUSH FUND

Daily Caller – Neil Munro – 2/21/2012

But $1.1 billion in cash will be transferred to the Democratic attorneys general as soon as the deal is approved by a judge, which is expected to happen in March or April.

The bank deal is also slated to deliver almost $1.4 billion to Republican attorneys general, but many of the GOP attorneys general have already announced they will transfer the funds to state legislatures.

The deal is a government shakedown of bank executives and their shareholders, said Tom Fitton, the president of Judicial Watch, a law firm that promotes transparency in funding.
By using the courts, the Democrats and their patronage groups have seized money and the ability to favor constituencies that elected legislators in Congress had already denied them, Fitton told The Daily Caller.

“The left is very adept at using the offices of the federal government to keep itself funded, and Republicans are generally oblivious to this,” he said. “Tax dollars shouldn’t be going to interest groups on the left — or the right,” he said.

Few Republicans, he said, “understand that they need to defund the left.”
Once the attorneys general cash their checks, the flow of funds “will be difficult to track,” Fitton said.

Some of the money may be sent to advocacy groups that are allied with the Democratic Party, said Dan Epstein, at Cause of Action, which tracks corruption in federal funding.
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