Down 777? Frankly ACORN, I don’t give a damn

You want affordable housing? Well, you’re getting it. Maybe instead of extorting money from the government and banks, and converting thousands of good renters into bankrupt home “owners,” you could start your own lending company. Find your own money from now on.

The bailout failed today, and I guess that means more market uncertainty. Well, given the first Bill and the fact we’ve gone from 3 pages to 110, I can accept that. I’m on the side of the House GOP. Make it right, or don’t do it. If taking out “Golden Parachutes” was important, so is resisting the abject socialism the Democrats keep attaching.

For example, one objection from House Republicans last week was a provision to give the Housing Trust Fund 65% of 20% of any profits which might accrue from the $700 billion in bailout “loans.”

“Housing Trust Fund” is code for giving hundreds of millions to ACORN (Association of Community Organizations for Reform Now), a major beneficiary (along with its wholly-“owned” shadow “non-profits” and fellow travelers) of grants from the fund.

ACORN already receives 40% of its funding from taxpayers, $16 million of which they spent on voter registration in 2006, committing fraud along the way. They already had a windfall in July as part of $300 billion in loan guarantees bailing Freddie and Fanny out. Along with other major earmark goodies, there was nearly $5 billion for affordable housing, financial counseling and mortgage restructuring for people and neighborhoods affected by the housing meltdown. ACORN’s housing corporation, does a large share of that work. They got paid to break it and they’re getting paid to “fix” it, in every sense of the term.

Democratic Ally Mobilizes In Housing Crunch
The Wall Street Journal – July 31, 2008

George Bush was embarrassed to sign the “Housing and Economic Recovery Act of 2008:” Bush signs housing bill in private, but he thought it was “the best he could get.” Frankly, I’m sure the bill defeated today wasn’t even that good.

If people actually appreciated what the GOP House members have done over the last several weeks (remember off-shore drilling?) there would be a GOP House majority elected in November.

The House and Senate Democratic drafts contain an indefensible and well-hidden provision. It would mandate that at least 20% of any profit realized from the sale of each troubled asset purchased under the Paulson plan be deposited in either the Housing Trust Fund or the Capital Magnet Fund. Only after these funds get their cut of the profits are “all amounts remaining . . . paid into the Treasury for reduction of the public debt.”

House Republicans insisted ALL the profit, if there is any, would go to pay off the public debt.

This gets more interesting when you examine ACORN’s history of fraudulent voter registration, lax accounting and hypocrisy.

Let’s take these in reverse order. ACORN is certainly a major lobbyist for Federal grants supporting bad loans, second only to insisting on living wage laws.

ACORN promotes ballot initiatives and local ordinances to force businesses to pay higher minimum wages, as they are currently doing with the minimum wage proposal in Amendment 5. In 1995, however, ACORN sued the state of California to have its employees exempted from the state minimum wage. ACORN argued that being forced to pay higher wages would mean that they would hire fewer employees — the very dilemma faced by businesses. Incredibly, ACORN stated that paying its employees a lower wage would allow them to be more sympathetic to the low- and moderate-income families they were attempting to help. ACORN argued that abiding by the state minimum wage would limit their ability to promote their agenda and would therefore be a violation of their First Amendment rights.

The trial court judge dismissed ACORN’s suits, stating, “leaving aside the latter argument’s absurdity … we find ACORN to be laboring under a fundamental misconception of constitutional law.”

In that trial, ACORN was arguing in that it be allowed to pay workers less than the minimum wage of $4.25 an hour. The “living wage” they were arguing for for other people’s employees? – $9.50. By 2003 ACORN was paying its troops $5.70 an hour (54 hour weeks @ $16,000 per annum). That takes care of hypocrisy.

As to lax accounting, ACORN went to some trouble to cover up the fact that the Dale Rathke, ACORN founder Wade Rathke’s bother, had embezzled a million dollars. That was 1999-2000. They covered it up until nailed by a whistle blower this year. Wade only resigned from ACORN in the last few months. Incredibly, Dale left only a month earlier.

Finally, let’s talk voter fraud, for which ACORN is the poster child.

Bad voter applications found

Clerks see fraudulent, duplicate forms from group
Detroit Free Press – September 14, 2008

ACORN Workers Indicted For Alleged Voter Fraud

KMBC TV, Kansas City – November 1, 2006

Felony charges filed against 7 in state’s biggest case of voter-registration fraud
By Keith Ervin
The Seattle Times – July 26, 2007

Cuyahoga board probes ACORN voter registration drive

Joe Guillen
Cleveland Plain Dealer -August 27, 2008

See also:
ACORN Again, This Time in Cuyahoga County; Shut Them Down

In November 2006, the Cleveland Plain Dealer reported that “Cuyahoga County has 1.05 million registered voters, which tops the number of adults in the county by 200,000, according to the U.S. Census Bureau.” Also in November 2006, a Cleveland TV station reported several specific instances where “votes ….. (were) cast by citizens who are dead.”

How can anyone possibly believe that ACORN was able to find another 75,000 eligible voters to register in Cuyahoga County?

NM has suspect voter registration cards (1:19 p.m.)
Las Cruces Sun-News (AP)
September 17, 2008

More voter registration workers under scrutiny
Milwaukee Journal Sentinel – Aug. 20, 2008

Republicans, ACORN feud over suspicious voter cards
BY Marc Caputo
The Miami Herald – September 25, 2008

ACORN employees have also been charged with fraud in Colorado, Pennsylvania and Minnesota.

That’s only the recent history. Here‘s more:

• In November 2003, election board officials in St. Louis, MO, finished their review of ACORN gathered election registration cards. ACORN submitted 5,379 cards in this city, of which only2,013 appeared to be valid. Of these, at least 1,000 are believed to be attempts to register voters illegally.

• In Pennsylvania, Reading’s Director of Elections received numerous calls from individuals registered by ACORN complaining that those taking down the voter information deliberately put inaccurate information on the form.

• In 1998, a single mother of three in Arkansas was arrested for falsifying approximately 400 voter registration cards. Some of the addresses listed on these applications were traced to vacant lots, boarded-up buildings, abandoned buildings, and nonexistent house numbers. The woman was a contractor of Project Vote, a subsidiary of ACORN. (Project Vote was involved in the scandal that brought down Ron Carey, former president of the Teamsters. In 1996, Carey arranged for a $175,000 contribution to Project Vote in exchange for reciprocal contributions to his campaign for presidency of the Teamsters.)

Overall, I think Abetting Criminally Organized Registration Now might be a better acronym expansion of ACORN.

And that brings us to ACORN’s most famous graduate and legal counsel. Barack Obama cut his Community Organizing teeth working for and with ACORN. If you read Barack Obama’s resume you will see that for most of his working life (I don’t count elected office, though he hasn’t been a U.S Senator as long) he was employed by ACORN.

Mr. Obama worked for the Association of Community Organizations for Reform Now’s Project Vote voter-registration campaign in 1992 after graduating from Harvard Law School. He directed a successful voter-registration campaign, credited with electing Carol Moseley-Braun to the U.S. Senate. Primarily targeting African-Americans, Mr. Obama’s efforts added an estimated 125,000 voters to the rolls.

He also participated on a team of attorneys working on behalf of ACORN. They filed a 1995 lawsuit, which required the state of Illinois to implement the federal “motor-voter” bill. He still maintains a relationship with the organization. Mr. Obama’s campaign had to file amended federal election reports in August. They paid more than $800,000 to Citizens Services Inc. (CSI), an ACORN subsidiary, to turn out for the campaign during the primaries. However, the campaign listed CSI’s activities as polling, advance work and staging major events.

Obama, Voter Fraud & Mortgage Meltdown

I’ve been fighting alongside ACORN on issues you care about my entire career. Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work. — Barack Obama, Speech to ACORN, November 2007

…during his four-year tenure in Chicago as a community organizer, worked as a trainer for the Association of Community Organizations for Reform Now — the infamous ACORN, whose affiliate, Project Vote, is known for voter fraud — the same ACORN from which a mighty mortgage mess has grown.

Obama’s company
Pittsburgh Tribune-review – August 26, 2008

The latest matter involves Mr. Obama’s presidential campaign paying more than $800,000 to an offshoot of the scandal-ridden, leftist Association of Community Organizations for Reform Now (ACORN) for services the campaign now says it mistakenly misrepresented in federal reports.

The ACORN subsidiary, Citizens Services Inc., did “get-out-the-vote” work instead of the polling, advance work and major event staging the Obama campaign had first stated in its Federal Election Commission finance report during the primary.

Senator Obama’s support of ACORN didn’t end there

ACORN also got funding from two charities, the Woods Fund and the Joyce Foundation, when Obama served on their boards, and from the Chicago Annenberg Challenge – the radical “education reform” outfit Obama [with Bill Ayers] ran from ’95 to ’99.

Obama is up to his neck in ACORNs.

ONE key pioneer of ACORN’s subprime-loan shakedown racket was Madeline Talbott – an activist with extensive ties to Barack Obama. She was also in on the ground floor of the disastrous turn in Fannie Mae’s mortgage policies.

Long the director of Chicago ACORN, Talbott is a specialist in “direct action” – organizers’ term for their militant tactics of intimidation and disruption. Perhaps her most famous stunt was leading a group of ACORN protesters breaking into a meeting of the Chicago City Council to push for a “living wage” law, shouting in defiance as she was arrested for mob action and disorderly conduct. But her real legacy may be her drive to push banks into making risky mortgage loans.

… When Obama was just a budding community organizer in Chicago, Talbott was so impressed that she asked him to train her personal staff.

He returned to Chicago in the early ’90s, just as Talbott was starting her pressure campaign on local banks. Chicago ACORN sought out Obama’s legal services for a “motor voter” case and partnered with him on his 1992 “Project VOTE” registration drive.

In those years, he also conducted leadership-training seminars for ACORN’s up-and-coming organizers. That is, Obama was training the army of ACORN organizers who participated in Madeline Talbott’s drive against Chicago’s banks.

More than that, Obama was funding them. As he rose to a leadership role at Chicago’s Woods Fund, he became the most powerful voice on the foundation’s board for supporting ACORN and other community organizers. In 1995, the Woods Fund substantially expanded its funding of community organizers – and Obama chaired the committee that urged and managed the shift.

… IN short, to understand the roots of the subprime-mort gage crisis, look to ACORN’s Madeline Talbott. And to see how Talbott was able to work her mischief, look to Barack Obama.

Then you’ll truly know what community organizers do.

1 thought on “Down 777? Frankly ACORN, I don’t give a damn”

  1. Damn man.. do you sleep?777 down yesterday on the fear doled out by the admin and Paulson.Banks are tight but still lending though now and the market back up nearly 300 points.. go figure.#nobailout no way.Good call on these socialist groups. Btw also great cartoon at the top today “Crap sandwich” lol