Bad Loans
A news organization funded in part by one of the subprime mortgage crisis’ biggest beneficiaries sponsored a journalism series targeted at high interest loans.
A news organization funded in part by one of the subprime mortgage crisis’ biggest beneficiaries sponsored a journalism series targeted at high interest loans.
A long-awaited report by the Treasury Department inspector general confirmed Tuesday that Internal Revenue Service agents targeted Tea Party groups because of their political beliefs. The report said ineffective management allowed IRS agents to single out Tea Party groups applying for tax-exempt status with inappropriate questions and requests.
Tim Collins and his family give mightily to liberal organizations and political candidates, but Collins’ connections to the liberal establishment run far deeper than mere monetary donations, according to a Washington Free Beacon analysis.
A spokesman for ProPublica responded Tuesday to charges that the nonprofit journalism outfit devotes most of its investigations to donors of Republican and conservative causes while largely ignoring similarly influential donors on the left end of the political spectrum—including one donor to ProPublica itself.
A recent ProPublica investigation into political nonprofits failed to disclose that one of the organization’s donors is a significant player in the world of “dark money” advocacy, while other contributors maintain deep ties to 501(c)4 groups supporting President Obama’s reelection campaign.
The progressive groups leveling charges that the American Legislative Exchange Conference (ALEC) is “shadowy” and “nefarious” rely on hidden donors and overheated rhetoric to attack ALEC and ignore similar activities by liberal organizations.