For the hate crime of not falling over each other to give more racist preferential treatment to blacks and Latinos, the banks that issue auto loans and student loans are having more of the left's disastrous Affirmative Action lending policies (like the ones that destroyed the economy in 2008) shoved down their throats.
Using his latest illegally-created federal agency, the Consumer Financial Protection Bureau (headed by illegally-appointed Director Richard Cordray), Obama has launched a new series of vindictive class warfare "investigations" and lawsuits against Ally Financial Inc. and at least three other major auto lenders for minorities getting charged more when their credit is bad.
This appallingly racist special treatment for everyone but white people is just the latest installment of the left's bigoted, economy-killing war on the free market, with the ultimate goal of pandering to minorities while manufacturing more "evidence" that capitalism doesn't work and further decimating what's left of the economy...to leave nothing standing but government to pick up the pieces.
Never mind the fact that it is blatantly unconstitutional for the Federal Government to even be involved in lending practices, or that the mountains of new financial regulations imposed by Democrats in recent years don't even imply that this invented, blatantly unconstitutional office has any kind of jurisdiction over auto lending.
Additionally, as Investor's Business Daily has explained, such frivolous, blatantly bogus litigation against lenders (which helps no one but the left's sleazy trial lawyer base) routinely gets thrown out of court, but the cost of defending against such an avalanche of federal lawsuits by tyrannical Marxist idealogues promising to "wage an aggressive, coordinated effort" against them will, at the very least, accomplish its goal of confiscating wealth and redistributing it to Democrat allies (trial lawyers), if not also tossing a few scraps to minority Democrat voters as well.
Incidentally, Obama still refuses to acknowledge the established fact that it was exactly such forcibly lowered lending standards, fought for by Democrats, that created the housing bubble, imploded the housing market and destroyed the economy...and has even reinstated and indignantly demanded more of this time-disproven insanity in recent weeks.