REPORT: Obama Used Power To Enrich Friends

REPORT: Obama Used Power To Enrich Friends

A new book released on Tuesday by Peter Schweizer, the author of "Clinton Cash," claims that former President Barack Obama used his executive powers to financially benefit his close friends.

Schweizer's new book, "Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends," claims that Obama would attack certain industries, which decimated the value of certain companies that his friends would then swoop in and buy. The Washington Examiner reports:

... Obama and his administration would deem industries either destructive to the environment or exploitative for the financial and professional gain of his friends, including industries such as coal mining, offshore drilling, cash advance companies, and for-profit colleges.

The book highlighted Marty Nesbitt and Harreld Kirkpatrick III, both former basketball players and close friends of the Obamas, who launched their private equity investment firm Vistria in sync with Obama’s re-election in 2012.

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 Source: Daily Wire

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