Dinesh D'Souza Quote
Later, as banks began to improve their balance sheets, several attempted to pay back their government loans. The Obama administration refused to accept the money, on the grounds that banks would first have to pass a stress test. Of course the stress test was simply a way for the government to maintain control of those banks. So if banks gained by getting free money, and the government gained by extending control over the financial sector, who lost? The taxpayer! The taxpayer was the sucker in this whole transaction. His money stood guarantee for the depositors and investors and bank officials who had taken risks and made bad loans and were now facing crippling losses. Instead of them suffering, the taxpayer suffered. And who raided the Treasury and stuck the taxpayer with this bill that was not the taxpayer’s bill to pay? The very federal government that is responsible for managing the Treasury and protecting the revenues provided by the taxpayer.
Later, as banks began to improve their balance sheets, several attempted to pay back their government loans. The Obama administration refused to accept the money, on the grounds that banks would first have to pass a stress test. Of course the stress test was simply a way for the government to maintain control of those banks. So if banks gained by getting free money, and the government gained by extending control over the financial sector, who lost? The taxpayer! The taxpayer was the sucker in this whole transaction. His money stood guarantee for the depositors and investors and bank officials who had taken risks and made bad loans and were now facing crippling losses. Instead of them suffering, the taxpayer suffered. And who raided the Treasury and stuck the taxpayer with this bill that was not the taxpayer’s bill to pay? The very federal government that is responsible for managing the Treasury and protecting the revenues provided by the taxpayer.
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About Dinesh D'Souza
Born in Mumbai, D'Souza moved to the United States as an exchange student and graduated from Dartmouth College. He was a policy adviser in the administration of President Ronald Reagan and has been affiliated with the American Enterprise Institute and the Hoover Institution. He became a naturalized citizen in 1991. From 2010 to 2012, he was president of The King's College, a Christian school in New York City, until he resigned after an alleged adultery scandal.
In 2012, D'Souza released the documentary film 2016: Obama's America, an anti-Barack Obama polemic based on his 2010 book The Roots of Obama's Rage; it earned $33 million, making it the highest-grossing conservative documentary of all time and one of the highest-grossing documentaries of any kind. He has since released five other documentary films: America: Imagine the World Without Her (2014), Hillary's America (2016), Death of a Nation (2018), Trump Card (2020) and 2000 Mules (2022). D'Souza's films and commentary have generated considerable controversy due to their promotion of conspiracy theories and falsehoods, as well as for their incendiary nature.
In 2012, D'Souza contributed $10,000 to the Senate campaign of Wendy Long on behalf of himself and his wife, agreeing in writing to attribute that contribution as $5,000 from his wife and $5,000 from him. He directed two other people to give Long a total of $20,000 in addition, which he agreed to reimburse, and later did. At the time, the Election Act limited campaign contributions to $5,000 from any individual to any one candidate. Two years later, D'Souza pleaded guilty in federal court to one felony charge of using a "straw donor" to make the illegal campaign contribution. He was sentenced to eight months in a halfway house near his home in San Diego, five years' probation, and a $30,000 fine. In 2018, D'Souza was issued a pardon by President Donald Trump.