BREAKING: Barack Obama was just caught committing a major crime that could land him in serious trouble.
Breitbart News editor Peter Schweizer went on Lou Dobbs’ Fox Business show this week to completely blow the lid off of Obama’s crime syndicate. Schweizer, who is the author of the new book “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” explained that the Obama administration spent eight years using regulations to help the president’s friends acquire more and more wealth.
Daily Vine reported that Schweizer gave a road map of what Obama did to help his friends get more money. During his presidency, Obama’s best friend, Marty Nesbitt set up an equity fund and then invested in highly regulated industries.
“Barack Obama’s best friend, a guy named Marty Nesbitt…sets up a private equity fund while his friend is the regulator-in-chief, and what he does is he invests in what he calls ‘highly-regulated industries,’” Schweizer said. “… And so, to give you one brief example, the University of Phoenix, the for-profit school, Barack Obama’s administration says, ‘We think this school is bad. We’re going to suspend the Pentagon from using GI Bill money for soldiers to go to school there.’ Well, of course, the stock price goes from $100 a share to about $3 a share. Guess who steps in to buy it? Barack Obama’s best friend Marty Nesbitt and his company Vistria investors. They come in. They buy it for pennies on the dollar. And then lo and behold, the Obama administration says ‘You know what, we think we’re going to let GI money flow again back to the University of Phoenix.’ And that pattern is repeated over and over again in other sectors of the economy. It was rampant.”