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Ben Carson Uncovers Massive HUD Fraud Under the Obama Administration

Wednesday, April 5, 2017 5:41
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Ben Carson Uncovers MASSIVE HUD FRAUD Under the Obama Administration

Liberals called President Trump’s selection to run HUD “unqualified.” That’s right. For Leftists, a brain surgeon wasn’t qualified to understand housing. Worse yet, we now learn that Obama’s HUD was completely inept.

The inspector general (IG) for the Department of Housing and Urban Development (HUD) revealed this week that for three straight years, Obama’s HUD staff cooked the books. These morons wouldn’t know a balance sheet from a fitted sheet.

HUD’s books are in such bad shape that the IG can’t complete an audit on their second try.

Here’s what happened on the first try:

According to the IG report, after the first review, Obama staffers had to correct a whopping $520 billion in bookkeeping errors.

When the IG remained unable to issue an opinion for fiscal years 2015 or 2016, he gave Obama staffers a three-month extension. Thus, their reprieve allowed them to fix $3.4 billion in 2015 errors and $516.4 billion in 2016 errors.

After HUD’s re-submission of paperwork, 11 material weaknesses, seven significant deficiencies, and five instances of failure to comply with laws and regulations remained unresolved.

The continued problems “were due to an inability to establish a compliant control environment, implement adequate financial accounting systems, retain key financial staff, and identify appropriate accounting principles and policies,” the IG said.

If the Obama team hired qualified staff, the unresolved issues below would already be resolved:

  • HUD lawyers repeatedly refusing to sign a management letter listing all HUD litigation
  • HUD’s improper accounting methods
  • Failure to correctly measure assets and liabilities
  • Discrepancies between general ledger and sub-ledger accounts
  • Lack of sufficient support for an audit of $4.2 billion in loan assets from Ginnie Mae’s financial statements.

The Fix was simple. Obama’s HUD needed to “comply with generally accepted accounting principles.”

Yet, Obama’s HUD lackey, Brian Sullivan said otherwise.

In December 2016 he claimed:

“HUD does apply generally accepted accounting standards,” despite the IG report that we do not.

Ironically, Senate Democrats rushed to condemn Dr. Ben Carson, the former neurosurgeon who President Trump tapped to be his new HUD Secretary. Further, Senate Minority Leader Chuck Schumer (D-NY) argued:

“I have serious concerns about Dr. Carson’s lack of expertise and experience in dealing with housing issues. Someone who is as anti-government as him is a strange fit for Housing secretary, to say the least,” Schumer said in a statement. 

And House Minority Leader Nancy Pelosi (D-CA) called Carson a “disconcerting and disturbingly unqualified choice.”

As we say of Leftists, they accuse you of what they are.



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Total 5 comments
  • This should be of no surprise. As the Russians found out about the sodomite obama that he had NO REGARD for Western democracy.

    I think they used the word “contempt” so you put in a LAWLESS negro to hold a position of near supreme power and possibly BILLIONS was wasted not to mention his near $100 million vacations.

    Yet, the negro was neither legal nor qualified for that lynch-pin office. VERY foolish America. You have become the Negro. :twisted:

    • God bless you Dr. Carson. May you open the eyes of the uninformed.

  • It doesn’t matter, no one will go to jail anyway. Not even under Trump.

  • jdp…Well we all know about N Pelosi lack of brain tissue.

  • So, Ben Carson finds over a half a trillion dollars in Hud Fraud/mistakes that were committed under the Obama administration.

    And, Nancy Pelosi calls the brain surgeon, Dr. Carson, a “disconcerting and disturbingly unqualified choice.” for HUD Secretary under the Trump administration.

    Perhaps Pelosi would prefer Dr. Carson to cut her head open and see if she has a brain in there at all.

    As for dufus Senate Minority Leader Chuck Schumer’s comment ” … Someone who is as anit-government as him is a strange fit for Housing secretary, to say the least,”, this is coming from a man who represents the Democrat party as Senate Minority Leader.

    Well, Mr. Senate Minority Leader Chuck Schumer we do not have a government in Washington D.C. for you to even claim to hold a Senator position. Ben Carson is smart enough to know that. He isn’t anti-government. He’s anti-fake government.

    The monster which is actually a corporation pretending to be a government operating out of Washington D.C. needs to be destroyed by the united states military and replaced by the ORIGINAL united states for America constitution and the Americans ORIGINAL united states for America constitution constitutional government.

    Chuck Schumer needs to be put in prison for participating in the United States of America Corporation fake government fraud in order to defraud the American people of their united states of America constitutional government.

    Mr. Schumer if your too stupid to know you work for a corporation and not the legitimate constitutional government of the united states of America … then you are too stupid to find your butt with both hands and a road map. And, you are not qualified to even think you are smarter than a brain surgeon, Dr. Ben Carson. You dummy.

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