Eric Hoffer — Videos

Posted on October 24, 2015. Filed under: Blogroll, Books, College, Communications, Culture, Education, Freedom, liberty, Life, Links, Literacy, Love, media, Non-Fiction, Radio, Raves, Wealth, Welfare, Wisdom, Work, Writing | Tags: , , , , , , |

Eric Hoffer eric-hofferhoffer quote

Eric Hoffer pt. 1 of 5

Eric Hoffer pt. 2 of 5

Eric Hoffer pt. 3 of 5

Eric Hoffer pt. 4 of 5

Eric Hoffer pt. 5 of 5

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Obama Boy and Obama Girl Have A Crush on Obama–Reality Check–Out of The Mouths of Babes–Videos

Posted on July 5, 2012. Filed under: American History, Babies, Blogroll, Business, College, Communications, Economics, Education, Federal Government, government, government spending, Health Care, history, Language, Law, liberty, Life, People, Philosophy, Politics, Rants, Raves, Taxes | Tags: , , , , , , , , , , , , |

“Pleasure chasing and dissipation are ineffective palliatives. Where people live autonomous lives and are not badly off, yet are without abilities or opportunities for creative work or useful action, there is no telling to what desperate and fantastic shifts they might resort in order to give meaning and purpose to their lives.”

Eric Hoffer, True Believer, page 54

Best of Obama Girl:      Crush On Obama

Obama Boy – I Have A Crush On Obama

“It is the true believer’s ability to “shut his eyes and stop his ears” to facts that do not deserve to be either seen or heard which is the source of his unequaled fortitude and constancy. He cannot be frightened by danger nor disheartened by obstacle not baffled by contradictions because he denies their existence.”

~Eric Hoffer, The True Believer, page 76

Reality Check–Crush Obama

DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY

The Collapse of The American Dream Explained in Animation

President Obama’s Spending

“…Spending has gone up from $2.98 trillion in 2008—the year before Obama came into office—to a proposed $3.80 trillion in 2013. That is a 28-percent increase in five years, which represents a compound annual growth rate of 5.0 percent. Because the economy has stagnated during this period, spending has increased as a share of GDP. …”

http://www.cato-at-liberty.org/president-obamas-spending/

Recent US Federal Deficit Numbers

Obama Deficits

Bush Deficits

FY 2013*: $901 billion

FY 2009: $1,413 billion

FY 2012*: $1,327 billion

FY 2008: $459 billion

FY 2011: $1,300 billion

FY 2007: $161 billion

FY 2010: $1,293 billion

Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget.

http://www.usgovernmentspending.com/federal_deficit_chart.html

U.S. Debt Clock

http://www.usdebtclock.org/

George Carlin – You are a slave

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Glenn Beck: Barack Obama Is A True Believer in Progressive Radical Socialism–Videos

Posted on April 6, 2010. Filed under: Blogroll, College, Communications, Crime, Cult, Culture, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Security, Taxes, Uncategorized, Video, Wisdom | Tags: , , , , , , , , , , |

“It would clearly not be an improvement to build all houses exactly alike in order to create a perfect market for houses, and the same is true of most other fields where differences between the individual products prevent competition from ever being perfect.” 

~Friedrich A. Hayek, Individualism and Economic Order

 

“”A man is likely to mind his own business when it is worth minding. When it is not, he takes his mind off his own meaningless affairs by minding other people’s business.”

~ Eric Hoffer, The True Believer, page 23

Glenn Beck-04-06-10-A

Glenn Beck-04-06-10-B

Glenn Beck-04-06-10-C

Glenn Beck-04-06-10-D

Dr. Drew on Young Obama’s Marxism – 1 of 6

Dr. Drew on Young Obama’s Marxism – 2 of 6

Dr. Drew on Young Obama’s Marxism – 3 of 6

Dr. Drew on Young Obama’s Marxism – 4 of 6

Dr. Drew on Young Obama’s Marxism – 5 of 6

Dr. Drew on Young Obama’s Marxism – 6 of 6

Mandating or forcing every American to purchase a Federal Government approved or qualified Health Insurance plan is unconstitutional, un-American and socialist. 

Glenn Beck is right, Obama’s answer that Mitt Romney did the same in Massachusetts is begging the question. 

Both Obama and Romney are wrong in using government coercion to force individuals to purchase a product or service such as a Health Insurance Plan. 

It is an example of socialist tyranny. 

Both Obama and Romney replaced consumer sovereignty with government tyranny. 

The belief that government knows best what you should buy–the fatal conceit of progressive radical socialist–is false, wrong and unethical. 

The truth is the individual is in the best position to determine what he needs and can afford to buy, not the Federal government, politician or bureaucrat. 

The American people’s message to the progressive radical socialists is simple: 

Mind your own business (M.Y.O. B) and leave us alone. 

If the progressive radical socialist Democrats and Republicans persist in their fiscally irresponsible spending, taxing and borrowing and telling us what to buy–you will be voted out of office. 

“Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one’s government is not necessarily to secure freedom.” 

~Friedrich A. Hayek, The Constitution of Liberty

 

“It is the true believer’s ability to “shut his eyes and stop his ears” to facts that do not deserve to be either seen or heard which is the source of his unequaled fortitude and constancy. He cannot be frightened by danger nor disheartened by obstacle not baffled by contradictions because he denies their existence.”

~Eric Hoffer, The True Believer, page 76

PS. Glenn, love the new set background–easy on the eyes. 

Background Articles and Videos

 

Chicago Does Socialism

By Victor Davis Hanson

 “…One perhaps can forgive erstwhile Obama adviser Zbigniew Brzezinski’s stupid hypothetical speculation about shooting down Israeli planes over Iraq. And maybe the nominations of Charles Freeman and Samantha Power — not known as friends to Israel — were of no importance. Some raised an eyebrow, too, over Obama’s past close affinities with the anti-Semitic Reverend Jeremiah Wright and anti-Israelis like Bill Ayers and Rashid Khalidi. But finally, the most recent outreach to the terrorist regimes in Damascus and Tehran, when juxtaposed with the hysterics over a few apartment buildings in Jerusalem, has cemented the notion that Obama really has radical ideas about altering the traditional American support for the Jewish state.

In other words, again, connect these seemingly isolated dots and a picture emerges of a new radical foreign policy of “neutralism.” Traditional allies are ignored, and old enemies are courted — until both are on the same moral and political plane. The one constant is that a socialist anti-Western philosophy abroad (which blames the West for a nation’s own self-inflicted misery) wins sympathy with the Obama administration, while capitalist Western culture is seen as mostly passé.

In any isolated circumstance, we are willing to give the president of the United States a pass on a particular disturbing decision. But after 14 months of them, the Obama particulars add up to a remaking of America that is now clear and consistent: Grow government; redistribute income; establish permanent political constituencies of dependents; increase entitlements; hike taxes; demonize “them” while deifying their supposed victims; seek global neutrality abroad; and always play fast and loose with the truth.

What do we end up with?

You might call it: Chicago does socialism.”

http://article.nationalreview.com/429378/chicago-does-socialism/victor-davis-hanson?page=1

 

Barack Obama’s Stealth Socialism

“…Of course, Obama is too smart to try to smuggle such hoary collectivist garbage through the front door. He’s disguising the wealth transfers as “investments” — “to make America more competitive,” he says, or “that give us a fighting chance,” whatever that means. 

Among his proposed “investments”: 

  • “Universal,” “guaranteed” health care.
  • “Free” college tuition.
  • “Universal national service” (a la Havana).
  • “Universal 401(k)s” (in which the government would match contributions made by “low- and moderate-income families”).
  • “Free” job training (even for criminals).
  • “Wage insurance” (to supplement dislocated union workers’ old income levels).
  • “Free” child care and “universal” preschool.
  • More subsidized public housing.
  • A fatter earned income tax credit for “working poor.”
  • And even a Global Poverty Act that amounts to a Marshall Plan for the Third World, first and foremost Africa.

His new New Deal also guarantees a “living wage,” with a $10 minimum wage indexed to inflation; and “fair trade” and “fair labor practices,” with breaks for “patriot employers” who cow-tow to unions, and sticks for “nonpatriot” companies that don’t. 

That’s just for starters — first-term stuff. …” 

http://www.military-money-matters.com/barack-obamas-stealth-socialism.html 

Obama & Friends – A History Of Radicalism (Part 1 of 6)

Obama & Friends – A History Of Radicalism (Part 2 of 6)

Obama & Friends – A History Of Radicalism (Part 3 of 6)

Obama & Friends – A History Of Radicalism (Part 4 of 6)

Obama & Friends – A History Of Radicalism (Part 5 of 6)

Obama & Friends – A History Of Radicalism (Part 6 of 6)

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The Arrogance of President Obama: Hectoring Habitual Liar

Posted on September 9, 2009. Filed under: Blogroll, Communications, Economics, Employment, Fiscal Policy, government spending, Health Care, Law, liberty, Links, media, Medicine, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Religion, Science, Talk Radio, Taxes, Video, Wisdom | Tags: , , , , |

“We lie loudest when we lie to ourselves.”

~Eric Hoffer

 

“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. “

~Abraham Lincoln

 

Is Barack Obama a Liar…

John Boehner Responds To Obama Care

Brit Hume Comment on Obama Speech 9 2009

President Won’t Back Down From Public Option

SC Congressman Joe Wilson Calls Obama A Liar During Speech


<h4 style=”text-align:centerCoulter defends Obama speech disrupter

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 Dennis Miller Rings In On Tonights Speech and Van Jones

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Mark Levin – Health care bill to give care to illegal immigrants

Why Obama’s healthcare plan is NOT going to work!!


 

During the last week more and more Americans calling into to various talk radio shows and their hosts have called President Obama a liar.

Thus when he continues to lie about what he wants for health care, I was not surprised that at least one of our elected Representative called him a liar.

SHOCK UNCOVERED: Obama IN HIS OWN WORDS saying His Health Care Plan will ELIMINATE private insurance

The majority of the American people no longer trust nor believe him.

President Obama hectoring tone is revealing.

I believe he knows the American people have caught on to the fact he habitually lies, does not like people to point this out and thinks he can fool the American people yet again.

President Obama and the progressive radical socialist Democratic Party may not believe it, but they are done for at least the next two elections in 2010 and 2012.

You do not scold, lie and demonize the American people and expect to be re-elected.

President Obama is very quickly losing the independent, older, and white voter.

President Obama is about to lose younger voters when they finally understand that they will be required to buy health care insurance or be taxed and fined by the IRS.

Once he goes under forty percent in his approval ratings, he will be a lame duck president.

This will happen in the next six months as the unemployment rate continues to raise and exceeds 10%.

When between 20,000,000 and 30,000,000 Americans are seeking full time jobs and your economic policies are failing, do not expect to get re-elected.

It is the economy stupid.

Jobs, Jobs, Jobs.

President Obama and the Democratic Party have lost the confidence of the American people and especially small to medium size business owners that create most if not all of the jobs.

Self-employed and small business owners want to purchase affordable, portable, individual health insurance plans with high deductibles from any insurance company in the United States.

The Democratic Party makes it impossible for them to do so with its proposed mandatory coverages that the government forces them to buy or be fined and taxed by the IRS.

The American people do not want compulsory health insurance with mandatory coverages that will lead slowly and surely to a single payer government monopoly of health care.

Without very specific language in the bill that excludes abortions and illegal aliens, the President is lying about both abortions and illegal aliens being excluded from coverage.

The Republicans submitted several amendments to the various bills specificly doing exactly this and all were voted down by the Democratic Party.

The President knows this and unfortunately for him, more and more Americans know this every day.

Medicare is currently running deficits that are expected to grow larger every year.

I .O.U.S.A. Bonus Reel: Social Security+Medicare Projections


 

Medicare already cost shifts over 20% of the doctor and hospital bills to private insurance.

The reason why President Obama and the progressive radical socialist Democratic party are insisting upon compulsory health care insurance is simple.

They need millions of healthy people, mostly young people, who currently do no buy health insurance to be covered so they can use these premiums to pay for those who are older and sicker as well as for the treatment of million of illegal aliens.

This would only make the economy and recession worse.

Instead of enforcing the immigration laws and deporting illegal aliens, they want to provide them with government subsidized health care paid by American citizens.

The Democratic Party refuses to address tort reform for the simple reason that one of the largest contributors to their polical party are trial lawyer.

Until tort reform happens, doctors will continue to pay skyrocketing malpractice insurance premiums and practice defensive medicine.

This together with Medicare cost shifting are two of the primary drivers of rising health care costs and health insurance premiums.

Yet both President Obama and the Democratic Party refuses to address these issues

The estimated annual cost of President Obama’s plan when fully implemented is in the 500 billion dollar range.

The most optimist estimate is 250 billion dollars per year which no one believes.

Both the bailout and stimulus packages have resulted in budgetary deficits already approach 1,600 billion dollars—$1,600,000,000,000.

More Perspective – 2010 Budget Deficit – Bloomberg

US Deficit Estimate Jumps by $2 trillion – CNN

Stop Spending Our Future – The Crisis

Jeff Sessions quotes Ron Paul on the Deficit: “We Cannot Borrow our Way to Prosperity” [2~2]

President Obama is by far the most fiscally irresponsible President in the history of the United States.

His economic policies and programs are resuting in the longest and deepest recession in US history and could if his proposed health care and cap and trade energy tax bills are passed  result in an economic depression with double digit unemployment rates.

The President proposed health insurance reform bill would destroy even more jobs, wreck the economy and kill the American dream.

The President refuses to explain exactly how he is going to pay for health care insurance for millions of Americans.

Greta & Tim Pawlenty Discuss Barack Obama’s Health Care Speech to Congress

The main reason President Obama persists with this folly is he is a true believer in a single payer universal health care–socialized medicine–that his union base wants.

The American people simply do not want what the President is selling.

What do the American peoplewant?

The same option that our Representatives and Senators have!

The problem is that this is very expensive and millions simply could not afford it.

Americans Want Congressional Health Coverage

The American people are fed up with both political parties and their arrogance.

The American people want political leaders with humility.

Humility is the acknowledgement of truth.

“You can discover what your enemy fears most by observing the means he uses to frighten you.”

“”One might equate growing up with a mistrust of words. A mature person trusts his eyes more than his ears. Irrationality often manifests itself in upholding the word against the evidence of the eyes. Children, savages and true believers remember far less what they have seen than what they have heard.”

~Eric Hoffer

 

“Humility is the foundation of all the other virtues hence, in the soul in which this virtue does not exist there cannot be any other virtue except in mere appearance.”

~Saint Augustine

Background Articles and Videos

Cavuto: Will Illegal Immigrants Get Free Health Care with Barack Obama’s Plan? [FOX News]

Health Care for illegal Immigrants?

Barack Obama Health Care Benefits For Illegal Aliens!

Unruly moment, manufactured outrage

By Michelle Malkin

  joe_wilson

“…GOP Rep. Joe Wilson apologized for his outburst last night when he called out one of President Obama’s many lies.

I’ve never seen Nancy Pelosi’s face show so much emotion in my adult lifetime.

The Left is in high dudgeon — never letting a moment of manufactured outrage go to waste.

Sure, members of Congress should leave the heckling to town hall protesters.

But it was Obama who said himself in the speech: “If you misrepresent what’s in the plan, we will call you out.”

That’s what Joe Wilson was doing, wasn’t it?

And that’s what Democrats would undoubtedly tell you they were doing during George W. Bush’s 2005 State of the Union Speech when they booed and shouted down his remarks about the need for Social Security reform. Omri Ceren remembers: …”

http://michellemalkin.com/2009/09/10/unruly-moment-manufactured-outrage/

Video: GOP congressman yells “liar” at Obama; Update: Wilson apologizes

 by Allahpundit

:…The culprit was South Carolina rep Joe Wilson, who felt moved to act when The One told what was, in fact, a lie. Although certainly not his biggest of the night: Where this jackass gets off lecturing Americans on civility after his cretinous cronies spent a month demagoging the hell out of every protester in sight is beyond me. You’re Mr. Clean, aren’t you, champ? And bottom-feeders like Harry Reid are your hatchet men. Nice work if you can get it.

I’m told that his magic number of “47 million” uninsured Americans magically dropped to 30 million uninsured in this speech, presumably to omit the illegal immigrants who were inflating the tally. …”

http://hotair.com/archives/2009/09/09/video-gop-congressman-yells-liar-at-obama/

 

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The Obama Big Lie and Inconvenient Truth About Health Care–The Public Option Trojan Horse–Leads To A Single Payor Goverment Monopoly of Health Care and The Bankruptcy of USA!

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John Stossel–Sick In America–Videos

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Pattern Recognition: The Template Is Hitler’s Rise To Power Using National Socialism

Posted on February 19, 2009. Filed under: Blogroll, Cult, Economics, Education, Employment, Films, People, Philosophy, Politics, Quotations, Raves, Security, Strategy, Talk Radio, Technology, Uncategorized, Video, War | Tags: , , , , , , , , , |

When watching men of power in action it must be always kept in mind that, whether they know it or not, their main purpose is the elimination or neutralization of the independent individual–the independent voter, consumer, worker, owner, thinker–and that every device they employ aims at turning men into a manipulable “animated instrument” which is Aristotle’s defintion of a slave.

~Eric Hoffer

Hail Hitler, Hail Obama

 

Glenn Beck is one of few on television that is connecting the dots and asking where have I seen this pattern in history before?

Friday night I heard Michael Savage also connects the dots to the National Socialists in Germany.

Is it Woodrow Wilson, Franklin D. Roosevelt, progressives, liberals, and the Democratic Party in the United States or is it Adlolf Hitler and the National Socialists  in Germany in the 1930s?

Looks like Progressive Liberal Fascism is alive and well in  the United States.

President Obama – Moron or Genius?

 

Glenn Beck: Is It Time to Fire the Government

 

Hitler February 10, 1933 Part 1

 

Hitler February 10, 1933 Part 2

 

Hitler February 10, 1933 Part 3

 

Triumph des Willens (1935) – Triumph of the Will

Triumph of the Will (German: Triumph des Willens) is a propaganda film made by Leni Riefenstahl. It chronicles the 1934 Nazi Party Congress in Nuremberg, which was attended by more than 700,000 Nazi supporters. The film contains excerpts from speeches given by various Nazi leaders at the Congress, including portions of speeches by Adolf Hitler, interspersed with footage of massed party members. Hitler commissioned the film and served as an unofficial executive producer; his name appears in the opening titles. The overriding theme of the film is the return of Germany as a great power, with Hitler as the True German Leader who will bring glory to the nation.

Triumph of the Will was released in 1935 and rapidly became one of the best-known examples of propaganda in film history. Riefenstahl’s techniques, such as moving cameras, the use of long focus lenses to create a distorted perspective, aerial photography, and revolutionary approach to the use of music and cinematography, have earned Triumph recognition as one of the greatest films in history. Riefenstahl won several awards, not only in Germany but also in the United States, France, Sweden, and other countries. The film was popular in the Third Reich and elsewhere, and has continued to influence movies, documentaries, and commercials to this day.

 

Hitler’s Rise to Power

http://en.wikipedia.org/wiki/Hitler’s_rise_to_power

 Hitler: The Rise of Evil” is a TV miniseries that aired in two parts in May 2003 on CBS, and was produced by Alliance Atlantis. The film explores Adolf Hitler’s rise and his early consolidation of power during the years after World War I and focuses closely on how the embittered, politically fragmented and economically buffeted German society after Word War I made that ascent possible. Also central to the plot is the influence that Ernst Hanfstaengl had on Hitler’s rise to power.
The subplot of this film follows the struggles of Fritz Gerlich, a German journalist who opposes the rising National Socialist German Workers Party. He is portrayed in the role of a martyr to fulfill the essence of the quotation attributed to Edmund Burke, which is displayed at the beginning and at the end of the film:

All that is necessary for the triumph of evil is that good men do nothing.

~Edmund Burke

Hitler – The Rise of Evil (Full Film)

Hitler – The Rise of, presents A unique slant, profiling the life of Adolf Hitler as a child and his rise through the ranks of the National German Workers’ Party prior to World War II.

Although many have critiqued it as historically inaccurate it is an intriguing look into the personage that was Hitler and with the editing of a fellow Nationalist (Whom made the film far more parallel to the real history) the film is now far more articulate in following the life and rise of Adolf Hitler.

Third Reich-The Rise

This program shows how Hitler and the Nazis came into power, the reasons behind it, and why the German people embraced Hitler the way they did. Apart from the other Nazi shows made in America, this one does not denounce Nazism. It just presents the facts as told by the people who were there.

Hitler in Colour( Nazi Rise to Power)

 

No one could make a greater mistake than he who did nothing because he could do only a little.

~Edmund Burke

The monstrous evils of the twentieth century have shown us that the greediest money grubbers are gentle doves compared with money-hating Lenin, Stalin, and Hitler, who in less than three decades killed or maimed nearly a hundred million men, women, and children and brought untold suffering to a large portion of mankind.

~Eric Hoffer

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Tea Parties Take Off In Texas–Spreading Nationwide–Are You Going To Washington Fair? Millions Celebrate The Second American Revolution–Saturday, July 4, 2009

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ACORN–Association of Community Organizations for Reform Now–Obama’s Red Shirts

Posted on September 27, 2008. Filed under: Blogroll, Books, Economics, Immigration, Investments, Life, Links, Music, People, Politics, Quotations, Rants, Raves, Regulations, Resources, Taxes, Video | Tags: , , , , , , , , , , |

 “All mass movements generate in their adherents a readness to die and a proclivity for united action; all of them, irrespective of the doctrine they preach and the program they project, breed fanaticism, enthusiasm, fervent hope, hatred and intolerance; all of them are capable of releasing a powerful flow of activity in certain departments of life; all of them demand blind faith and singlehearted allegiance.”

 

~Eric Hoffer, The True Believer, 1951 

 

Any socialist politician that is attempting to start a mass movement must have their front-line shock troops of true believers.

 

Adolf Hitler had the Sturmabteilung, also known as the SA or his brown shirts. 

 

Adolf Hitler – The Savior of Germany

 

 

Barack Obama has ACORN, the Association of Community Organizations for Reform Now, his red shirts. 

 

ACORN National Convention 2008, Detroit

 

 

ACORN Grassroots Democracy Campaign

 

 

ACORN has a checkered reputation of being involved with both voter fraud in many states and recent attempts by the Democratic Party to take some of the projected profits from the bailout to fund their organization.

 

Obama complicit in voter fraud? — Obama’s ACORN connection

 

 

 Shocking!—Democrats Trying to Give Bailout Money to Obama’s Owner ACORN

 

 

In the past Barack Obama was ACORN’s attorney.

 

Recently the Obama campaign has provided campaign contributions to ACORN to get out the vote–for Obama.
 

 

Obama and Acorn

 

 

2007-12-01 Obama Acorn Speech 

 

EVIDENCE FOUND!!! Clinton administration’s “BANK AFFIRMATIVE ACTION” They forced banks to make BAD LOANS and ACORN and Obama’s tie to all of it!!!

 

 

Acorn / Voter Fraud / Obama and Community Organizers

 

 

Barack Obama agenda is to make America a socialist nation by massively redistributing income through taxation.

 

 

 

Barack Obama’s Hidden Agenda, More Taxes, Socialism….

 

 

Only you can prevent socialism in America. 

 

Background Articles and Videos 

 

Sturmabteilung 

 

“The Sturmabteilung , abbreviated SA, (German for “Assault detachment” or “Assault section”, usually translated as “stormtroop(er)s”), functioned as a paramilitary organization of the NSDAP – the German Nazi party. It played a key role in Adolf Hitler’s rise to power in the 1930s.

 

SA men were often called “brownshirts“, for the colour of their uniforms, and to distinguish them from the Schutzstaffel (SS), who wore black and brown uniforms (compare the Italian blackshirts). Brown-coloured shirts were chosen as the SA uniform because a large batch of them was cheaply available after World War I, having originally been ordered for German troops serving in Africa.

 

The SA was also the first Nazi paramilitary group to develop pseudo-military titles for bestowal upon its members. The SA ranks would be adopted by several other Nazi Party groups, chief among them the SS. They were very important to Hitler’s rise to power until they were superseded by the SS after the Night of the Long Knives. …”

 

http://en.wikipedia.org/wiki/Sturmabteilung 

 

Association of Community Organizations for Reform Now 

 

 

 

ACORN, the Association of Community Organizations for Reform Now, a community organization of low- and moderate-income families that addresses housing, schools, neighborhood safety, health care, job conditions, and other social issues that affect its members. With a membership of over 350,000, ACORN is organized into more than 850 neighborhood chapters in over 100 cities across the United States, as well as in Argentina, Canada, Mexico, and Peru. The organization was born out of the American Civil Rights Movement. ACORN was founded in 1970 by Wade Rathke, George Wiley, and Gary Delgado.[1] Maude Hurd has been National President of ACORN since 1990.

 

ACORN groups work through direct action, negotiations, and with public officials.

 

http://en.wikipedia.org/wiki/Association_of_Community_Organizations_for_Reform_Now 

 

 

ACORN  

 

ACORN, the Association of Community Organizations for Reform Now, is the nation’s largest community organization of low- and moderate-income families, working together for social justice and stronger communities.

 

http://www.acorn.org/

 

ACORN: Association of Community Organizations for Reform Now

 

“…The Association of Community Organizations for Reform Now (ACORN) is a grassroots political organization that grew out of George Wiley’s National Welfare Rights Organization (NWRO), whose members in the late 1960s and early 70s invaded welfare offices across the U.S. — often violently — bullying social workers and loudly demanding every penny to which the law “entitled” them. In the late 1960s, ACORN co-founder Wade Rathke was a NWRO organizer and a protegé of Wiley. Rathke also organized draft resistance for the militant group Students for a Democratic Society (SDS) during the same period. 

 

In 1970 Rathke — along with the aforementioned Wiley (best known for his effective use of the so-called “Cloward-Piven strategy,” which called for swamping the welfare rolls with new applicants and thereby creating an economic crisis) and Gary Delgado (a lead organizer for Wiley’s NWRO) — formed a new entity called Arkansas Community Organizations for Reform Now (ACORN). The group’s name was later changed to Association of Community Organizations for Reform Now, but the acronym ACORN remained. Instead of focusing only on welfare recipients, ACORN’s mandate included all issues touching low-income and working-class people.

 

Rathke and his ACORN co-founders enlisted civil rights workers and trained them in a program (at Syracuse University) patterned after Saul Alinsky’s activist tactics.

 

Today ACORN claims 175,000 dues-paying member families, and more than 850 chapters in 70 U.S. cities in 38 states. (The organization is also active in Canada and Mexico). It owns two radio stations, a housing corporation, and a law office, and maintains affiliate relationships with a host of trade-union locals. ACORN also runs schools where children are trained in class consciousness; a network of “boot camps” for training street activists; and operations that extort contributions from banks and other businesses under threat of racial violence and trumped-up civil rights charges. …”

 

“…On June 2, 2008, Wade Rathke stepped down from his role as ACORN’s chief organizer.

 

“…Also in 2008, ACORN publicly acknowledged that Dale Rathke — the brother of Wade Rathke — had embezzled nearly $1 million from ACORN and affiliated groups in 1999 and 2000. ACORN further admitted that for eight years its executives had kept this information secret from almost all of their organization’s board members and from law-enforcement authorities. Wrote journalist Stephanie Strom in July 2008:

 

“Dale Rathke remained on Acorn’s payroll until a month ago, when disclosure of his theft by foundations and other donors forced the organization to dismiss him. ‘We thought it best at the time to protect the organization, as well as to get the funds back into the organization, to deal with it in-house,’ said Maude Hurd, president of ACORN. ‘It was a judgment call at the time, and looking back, people can agree or disagree with it, but we did what we thought was right.'”

 

According to Strom, Wade Rathke “said the decision to keep the matter secret was not made to protect his brother but because word of the embezzlement would have put a ‘weapon’ into the hands of enemies of ACORN, a liberal group that is a frequent target of conservatives who object to its often strident advocacy on behalf of low- and moderate-income families and workers.”

 

http://www.discoverthenetworks.org/groupProfile.asp?grpid=6968

 

Inside Obama’s Acorn
By their fruits ye shall know them.

 

By Stanley Kurtz

 

“What if Barack Obama’s most important radical connection has been hiding in plain sight all along? Obama has had an intimate and long-term association with the Association of Community Organizations for Reform Now (Acorn), the largest radical group in America. If I told you Obama had close ties with MoveOn.org or Code Pink, you’d know what I was talking about. Acorn is at least as radical as these better-known groups, arguably more so. Yet because Acorn works locally, in carefully selected urban areas, its national profile is lower. Acorn likes it that way. And so, I’d wager, does Barack Obama.

 

This is a story we’ve largely missed. While Obama’s Acorn connection has not gone entirely unreported, its depth, extent, and significance have been poorly understood. Typically, media background pieces note that, on behalf of Acorn, Obama and a team of Chicago attorneys won a 1995 suit forcing the state of Illinois to implement the federal “motor-voter” bill. In fact, Obama’s Acorn connection is far more extensive. In the few stories where Obama’s role as an Acorn “leadership trainer” is noted, or his seats on the boards of foundations that may have supported Acorn are discussed, there is little follow-up. Even these more extensive reports miss many aspects of Obama’s ties to Acorn. …”

 

http://article.nationalreview.com/?q=NDZiMjkwMDczZWI5ODdjOWYxZTIzZGIyNzEyMjE0ODI=&w=MA== 

 

Written Testimony Of James TerryChief Public AdvocateConsumers Rights League 

 

Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties and

 

House Administration Subcommittee on Elections

 

Joint Hearing on

 

“Federal, State and Local efforts to Prepare for the General 2008 Election”

 

Wednesday, September 24, 2008 10:00 am

 

2141 Rayburn House Office Building

 

“…As part of CRL’s mandate, we monitor policy debates, news trends and the activities of organizations that style themselves as consumer advocates. Unfortunately, due to their long track record of questionable or corrupt practices with respect to housing and electoral activities, we are constantly forced to act as a watchdog for abuses by the Association of Community Organizations for Reform Now, or ACORN.  

 

While all of the reported allegations noted in my statement are found in the public domain, such reports often go unnoticed by the national media. I therefore thank the Committee up front for focusing on these important issues confronting our country. …”

 

“…A Troubling and Long Pattern of Voter Registration Fraud “…The man who includes being a community organizer on his short resume has a long association with a far-left group that would organize our communities into socialist gulags.  

 

In 1995, Illinois Gov. Jim Edgar balked at implementing the federal motor voter law out of concern that letting people register via postcard and blocking the state from pruning voter rolls might invite vote fraud.

 

A young lawyer, a community organizer himself, sued on behalf of the Association of Community Organizations for Reform Now (Acorn) and won. The young lawyer was Barack Obama. Acorn later invited Obama to train its staff.

 

When Obama served on the board of the Woods Fund for Chicago with Weather Underground terrorist William Ayers, the Woods Fund frequently gave Acorn grants to fund its agenda and voter registration activities.

 

Acorn has been in the lead in opposing voter ID laws and other efforts to ensure ballot integrity. Acorn has been implicated in voter fraud and bogus registration schemes in Ohio and at least 13 other states. Acorn staffers will presumably be out registering voters again this year.

 

Obama also opposes voter ID laws. He believes they disenfranchise voters. Last year, Obama put a hold on the nomination of Hans von Spakovsky for a seat on the Federal Election Commission. It seems von Spakovsky, as an official in the Justice Department, had supported a Georgia photo ID law. Acorn espouses the leftist view that voter ID laws are racist.

 

In addition to subverting American democracy to promote a leftist agenda, Acorn’s radical agenda amounts to “undisguised authoritarian socialism.” wrote Sol Stern in the 2003 City Journal article, “Acorn’s Nutty Regime for Cities.”

 

Acorn opposed welfare reform and opposes securing American borders to stem the flow of illegal immigrants. Acorn was heavily involved a few years back in opposing Rudy Giuliani’s efforts to privatize failing New York schools. …”  

 

http://www.ibdeditorials.com/IBDArticles.aspx?id=302914868143810 

Kill the bailout: More ACORN funding?! (vid link added)
  

 

 

 

 By Michelle Malkin

   

 

 

 

 

 

“…Just heard from several readers that Lindsay Grahamnesty told Fox that the Mother of All Bailouts includes a reported $100 million more in funding for the left-wing housing entitlement thugs and heavily tax-subsidized fraudsters at ACORN. Under the original bailout proposal, apparently, a large portion of any repayment of the $700 billion would go to Barack Obama’s good friends at ACORN with a smaller allocation to debt repayment. Readers heard him say it was 20 percent.

 

Told you not to trust Hank Paulson. …”

 

http://michellemalkin.com/2008/09/25/kill-the-bailout-more-acorn-funding/   

 

ACORN Watch: Targeting your kids

 

ACORN Watch, Pt II: Obama hid $800,000 payment to ACORN through “Citizen Services, Inc.” “…There’s much more to the story of Obama’s amended campaign finance reports than what Obama and the Obamedia will tell you. I will fill you in on what’s missing in a moment. What we have here, essentially, is Obama using a non-profit group called Citizens Services Inc. as a front to funnel payments to ACORN for campaign advance work. Obama officials say it’s no big deal. Nothing to see here. Move along. But where there’s left-wing laundering smoke, there’s fire. CSI has been the subject of a little-noticed complaint to the FEC by a Democrat who smelled something rotten going on between CSI, ACORN, and a left-wing 527, Communities Voting Together.  

But first, the headline: …”

 

http://michellemalkin.com/2008/08/22/acorn-watch-pt-ii-obama-hid-800000-payment-to-acorn-through-citizen-services-inc/ 

 

Power and Control: The Best Congress Fannie Mae Could Buy

 

By M. Simon

 

“…Which brings us to the Fannie Mae Foundation. A sweet little set up for handing out cash to a nice little outfit called ACORN among others. Here are a few of the grants to ACORN.

 

ACORN Housing Corporation – Dallas
Dallas, TX $20,000 approved in 1993
Support of a housing counseling program.
ACORN Housing Corporation – Little Rock
Little Rock, AR $1,000 approved in 1997
Ninth Maxwell Awards of Excellence honorable mention grant for a 9-unit affordable homeownership project using sweat equity.

 

ACORN Housing Corporation – Washington, DC
Washington, DC $3,386 approved in 1994
Support of computer equipment necessary to operate the Desktop Home Counselor.

 

ACORN Housing Corporation of Illinois
Chicago, IL $3,386 approved in 1994
Support of the purchase of computer equipment required to operate the Desktop Home Counselor.

 

ACORN Housing Corporation of Illinois
Chicago, IL $35,000 approved in 1994
Support of the placement of Americorps members with homeownership counseling programs.
 

ACORN Housing Corporation-National
Chicago, IL $100,000 approved in 2004
General operating support of an organization that helps families of limited means to secure and protect decent housing by providing housing counseling services, building homes, and educating policy makers in Chicago, IL; Phoenix, AZ; and Brooklyn, NY 
 
 
 
 
 

 

 

OK so ACORN helps people who were barely qualified or totally unqualified get housing. So what would they be doing? Finding landlords who would rent to them? Well no. Landlords want to get paid. Fannie Mae had no such scruples. Ever hear of NINJA mortgages? Funny name, huh? It stand for No Income, No Job, No Assets. Just the kind of reliable folk honest lenders are looking for. People with a credit score of ∅. 

 

http://powerandcontrol.blogspot.com/2008/09/best-congress-fannie-could-buy.html 

 

ACORN Watch: Voter fraud and mortgage scams on your dime

 

By Michelle Malkin  

 

“…Barack Obama’s taxpayer-subsidized old friends at ACORN have been very, very busy lately. And ACORN Watch is here to give you the rundown on all the latest shenanigans on your dime. 

 

* In Milwaukee, election officials are investigating fake names registered by ACORN workers– a favorite voter fraud 101 ploy of ACORN workers. …” 

 

http://michellemalkin.com/2008/08/07/acorn-watch-voter-fraud-and-mortgage-scams-on-your-dime/  

 

ACORN – CSI – OBAMA. Someone else noticed!

 

“…It appears that Internet based information sites are not the only venues who have been tracking the goings on between Obama, CSI and ACORN. Recently the New York Times reported a mild suggestion of conspiracy between ACORN staff, employees of CCI (Citizens Consulting, Inc. – yet another 1024 resident) and Tides Foundation, to not talk about the Rathke ACORN embezzlement affair. It was spotted in the
Pittsburgh Tribune Review
Wednesday in an Op-Ed titled: “Tides of ‘transparency’”, and subtitled appropriately: “keep your yaps shut.” Quotes the editorial: 

“..is quite an irony for a bunch of leftists who have been known to yap at others for their lack of transparency.”

 

In today’s issue of the Tribune-Review there is a headline:

 

GOP:     CAMPAIGN TRIED TO HIDE TIES WITH ACORN
Obama to mend spending report

U.S. Sen. Barack Obama’s presidential campaign paid more than $800,000 to an offshoot of the liberal Association of Community Organizations for Reform Now for services the Democrat’s campaign says it mistakenly misrepresented in federal reports.

 

http://noquarterusa.net/blog/2008/08/22/acorn-%E2%80%93-csi-%E2%80%93-obama-someone-else-noticed/ 

 

Obama’s Ties To ACORN More Substantial than first believed

 

Rick Moran

“…Obama’s connection to this group has been shadowy – some work he did back in 1995 representing an effort by the group to get the courts to force Illinois to adopt the motor voter law. But Stanley Kurtz has uncovered even more ties that Obama has to this radical group:  

 

The extent of Obama’s ties to Acorn has not been recognized. We find some important details in an article in the journal Social Policy entitled, “Case Study: Chicago – The Barack Obama Campaign,” by Toni Foulkes, a Chicago Acorn leader and a member of Acorn’s National Association Board. The odd thing about this article is that Foulkes is forced to protect the technically “non-partisan” status of Acorn’s get-out-the-vote campaigns, even as he does everything in his power to give Acorn credit for helping its favorite son win the critical 2004 primary that secured Obama the Democratic nomination to the U.S. Senate.

 

 

 

Before giving us a tour of Acorn’s pro-Obama but somehow “non-partisan” election activities, Foulks treats us to a brief history of Obama’s ties to Acorn. While most press accounts imply that Obama just happened to be at the sort of public-interest law firm that would take Acorn’s “motor voter” case, Foulkes claims that Acorn specifically sought out Obama’s representation in the motor voter case, remembering Obama from the days when he worked with Talbot. And while many reports speak of Obama’s post-law school role organizing “Project VOTE” in 1992, Foulkes makes it clear that this project was undertaken in direct partnership with Acorn. Foulkes then stresses Obama’s yearly service as a key figure in Acorn’s leadership-training seminars.

 

 

 

At least a few news reports have briefly mentioned Obama’s role in training Acorn’s leaders, but none that I know of have said what Foulkes reports next: that Obama’s long service with Acorn led many members to serve as the volunteer shock troops of Obama’s early political campaigns – his initial 1996 State Senate campaign, and his failed bid for Congress in 2000 (Foulkes confuses the dates of these two campaigns.) With Obama having personally helped train a new cadre of Chicago Acorn leaders, by the time of Obama’s 2004 U.S. Senate campaign, Obama and Acorn were “old friends,” says Foulkes.  

 

 

Not surprisingly it turns out that Reverend Jeremiah Wright and Father Michael Pfleger – two radical clergy closely associated with Obama – have extensive ties to ACORN . Their views fit nicely within the ACORN anti-capitalist agenda that they have been pushing for years….”

 

 
 
 
 
 

 

 

‘Community Organizing’ Deserves to be Ridiculed 

September 6th, 2008 by Matthew Vadum

 

“…Then there’s the vote fraud factory known as the Association of Community Organizations for Reform Now or ACORN. ACORN describes itself as “the nation’s largest community organization of low- and moderate-income families, working together for social justice and stronger communities.” ACORN, Sol Stern writes, “promotes a 1960s-bred agenda of anti-capitalism, central planning, victimology, and government handouts to the poor.”

 

Obama previously worked for ACORN, directing its voter mobilization arm, Project Vote, a successful voter registration campaign that helped propel Democrat Carol Moseley Braun into the U.S. Senate by adding an estimated 125,000 voters to the rolls. Project Vote claims to conduct “non-partisan” voter registration drives, counsels potential voters on their rights, and litigates on behalf of the poor and “disenfranchised.”

 

Its greatest legislative accomplishment is the National Voter Registration Act of 1993, commonly known as Motor Voter. In his book Stealing Elections, Wall Street Journal columnist John Fund argues that the law leads to voter fraud:

 

Perhaps no piece of legislation in the last generation better captures the ‘incentivizing’ of fraud… than the 1993 National Voter Registration Act…Examiners were under orders not to ask anyone for identification or proof of citizenship. States also had to permit mail-in voter registrations, which allowed anyone to register without any personal contact with a registrar or election official. Finally, states were limited in pruning ‘dead wood’ – people who had died, moved or been convicted of crimes – from their rolls. … Since its implementation, Motor Voter has worked in one sense: it has fueled an explosion of phantom voters.”

 

In 1995, Obama sued on behalf of ACORN for the implementation of Motor Voter laws in Illinois and won. That secured Obama an invitation to train ACORN staff. Obama later returned the favor when, as a member of the Woods Fund board, he approved frequent grants to ACORN. …”

 

http://www.capitalresearch.org/blog/?p=273 

 

Obama’s Three Strikes

 

By J.R. Dunn

 

“…A terrorist bomber, what may be the largest vote-fraud operation in history, and a political party calling for a socialist revolution in the United States. Obama has certainly been a busy little bee — though not too busy, it seems, to cover his tracks in all three cases. As well he might — anybody with such a history has a few questions to answer. And Obama knows this full well, considering the effort he’s put into ducking those exact questions since his campaign began.
 

 

But those questions must be asked and answered before November 4th. Which, needless to say, is a job for Superwoman. Sarah Palin’s relentless hammering brought the Ayers story back to the surface. She must now tie the three strands together: Ayers, ACORN, the New Party, and pound at it until it can no longer be ignored. (Of course, this will be an extremely upsetting experience for Kathleen Parker and David Brooks, but that can’t be helped.)

 

 

 

If the three can be bundled, and the resulting package adequately presented to the American people, Barack Obama is through. American voters have made it clear time and again that they have no use for the political extremes of either left or right. Obama plainly suffers, at best, from a weakness for crackpot left-wing politics, and at worst from a yearning to create a revolutionary situation in American society. The first reveals an immature personality, one easily led and given to romantic concepts of how the world works. The second is evidence of serious maliciousness.

 

We require neither in the oval office.”

 

http://www.americanthinker.com/2008/10/obamas_three_strikes_1.html 

 

Is America Ready for Obama? Is America Ready for a Socialist? 

“…But, his socialist foundation was probably shaped most during those early days at the Socialist (Marxist) conferences he attended in New York City:

Obama wrote that the wealth and stark racial divisions of Manhattan in the early 1980s had a profound effect on him…
He went to socialist conferences at Cooper Union and African cultural fairs in Brooklyn and started lecturing his relatives until they worried he’d become “one of those freaks you see on the streets around here.”

 

So, the real question that USA Today should be asking- but won’t -is not if America is ready for a “rookie” in the White House, but rather, if America is ready for a socialist in the White House!” 

http://www.freerepublic.com/focus/f-bloggers/1768917/pos 

 
 
 
 
 

 

 

Obama and His Socialist Agenda

 

Rick Moran  

 

“We all knew that Barak Obama was liberal. But just how devoted he is to the nanny state has been a pretty well kept secret by both the Senator and his campaign. In fact, if you read most mainstream media accounts of where the Senator stands on a host of issues, you might think he was a candidate of the center or slightly left of Hillary Clinton. There has been much more discussion of Obama’s “themes” of empowerment and unity than there has been of specific policy proposals.

 

But Obama let his true colors show yesterday in a speech in Washington, D.C. about urban poverty. His “solutions” will sound familiar to those who listened to Lyndon Johnson’s poverty gurus and their fellow travelers under Jimmy Carter’s presidency. Promising massive government assistance with the help of private businesses (help that never seems to be asked for when the programs hit the streets), Obama goes Johnson one better by promising to empower unions to organize (read “intimidate”) just about everyone: 
 

When I’m President, I will raise the minimum wage and make it a living wage by making sure that it rises every time the cost of living does. I’ll start letting our unions do what they do best again – organize our workers and lift up our middle-class. And I’ll finally make sure every American has affordable health care that stays with you no matter what happens by passing my plan to provide universal coverage and cut the cost of health care by up to $2500 per family.

And this 1960’s-style rhetoric about poverty should be a dead giveaway for those knowledgeable about how the left speaks in code words to mask their true intent:

The philosophy behind the project is simple – if poverty is a disease that infects an entire community in the form of unemployment and violence; failing schools and broken homes, then we can’t just treat those symptoms in isolation. We have to heal that entire community. And we have to focus on what actually works.

If Obama and his socialist friends were to focus on what “actually works,” they would make school choice the law of the land, crack down on drugs and gangs, lower taxes in urban areas to encourage the growth of the private sector, and a host of other free market solutions that have been advocated for decades. Instead, we get the same old tired bromides about government intervention. …”
http://www.americanthinker.com/blog/2007/07/obama_and_his_socialist_agenda.html

 

BARACK OBAMA, ACORN, & VOTER FRAUD……STEALING THE ELECTION IN BATTLEGROUND STATES FOR OBAMA!!

 
 

 

ACORN voter fraud in OHIO – October 2008

 

 
 

 

 
 

 

 

 

ACORN Obama and the Bailout


 

OBAMA’S ACORN EXPOSED PART 1 OF 2

 

OBAMA’S ACORN EXPOSED PART 2 OF 2

 

Rep. Waters Speaks About Obama at ACORN

 

What is a Community Organizer?

 

Lou Dobbs – Electoral Fraud Threat to Democracy

 

ACORN Obama and the Bailout

 

OBAMA’S ACORN EXPOSED PART 1 OF 2

 

OBAMA’S ACORN EXPOSED PART 2 OF 2

 

Rep. Waters Speaks About Obama at ACORN

 

What is a Community Organizer?

 

 

 

 

 

 

Lou Dobbs – Electoral Fraud Threat to Democracy   

 

 

  
 

 

Obama complicit in voter fraud? — Obama’s ACORN connection 

 

 

 

 

 

 
 

 


 

 

Acorn / Voter Fraud / Obama and Community Organizers
 

 
 

 

 

More ACORN Allegations

 

ACORN Vote Fraud

 

Representative from ACORN

 

ACORN Convention Member Speak Out

 

ACORN National Convention 2008, Detroit

 

ACORN Grassroots Democracy Campaign

 

Advocacy Group Partners With Countrywide

 

Shocking!—Democrats Trying to Give Bailout Money to Obama’s Owner ACORN

 

Devastating Video, Obama talks about job Ayers gave him

 

 

 
 

 

 

More ACORN Allegations

 

ACORN Vote Fraud

 

Representative from ACORN

 

ACORN Convention Member Speak Out

 

ACORN National Convention 2008, Detroit

 

ACORN Grassroots Democracy Campaign

 

Advocacy Group Partners With Countrywide

 

Shocking!—Democrats Trying to Give Bailout Money to Obama’s Owner ACORN

 

Devastating Video, Obama talks about job Ayers gave him

 

 

Ayers’ Weathermen planned “re-education”, genocide

 

 

 

 

 

By Michelle Malkin  

“…Left-wing, taxpayer-subsidized ACORN fraudsters have been infiltrating the public schools.  

 

Watch out: Your kid could be recruited to help assist and “organize” the “community” of homeless people, criminals, and illegal aliens signing up more dead people and fake people to vote for Obama. …” 

 
 
 

 

 

 

 

 

 

 

 

 

Community Reinvestment Act   

 
“The Community Reinvestment Act (or CRA, Pub.L. 95-128, title VIII, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.) is a United States federal law that requires banks and thrifts to offer credit throughout their entire market area and prohibits them from targeting only wealthier neighborhoods with their services, a practice known as “redlining.” The purpose of the CRA is to provide credit, including home ownership opportunities to underserved populations and commercial loans to small businesses. It has been subjected to important regulatory revisions. …” 
 

“…Criticism 

“…Critics claim that government policy encouraged risky lending[7] and the development of the subprime debacle through legislation like the CRA. Economics professor Stan Liebowitz writes that banks were forced to loan to un-credit worthy consumers with “no verification of income or assets; little consideration of the applicant’s ability to make payments; no down payment.” The chief executive of Countrywide Financial, the nation’s largest mortgage lender, is said to have “bragged” that to approve minority applications “lenders have had to stretch the rules a bit.”[8] Robert Gordon of the Center for American Progress disagrees, and quotes statistics that he claims show “independent mortgage companies, which are not covered by CRA, made high-priced loans at more than twice the rate of the banks and thrifts.” He faults then-Federal Reserve chair Alan Greenspan for “cheering the subprime boom” in the banking industry.[9] Economics professor Thomas DiLorenzo counters Gordon, stating that independent mortgage companies are “middlemen” between banks, including those regulated by the CRA, and consumers and that in any case the CRA had caused tens of billions in defaults on mortgages by unqualified borrowers.[10] Economist Yaron Brook concluded succinctly, “The Government Did It:” through the stick of the CRA [and] the carrot of Fannie Mae and Freddie Mac, the fed created the mortgage market debacle. [11] …” 

 http://en.wikipedia.org/wiki/Community_Reinvestment_Act 

 

 

Related Posts On Pronk Palisades  

Obama Bombs Bailout Meeting–Whitehouse Still Standing–McCain Saved By House Republicans

Stop The Bailout: The American Elites’ Bum Rush of The American People–No Sale!

Obama–ACORN–CRA–Congress–Democratic Party–Fannie Mae–Freddie Mac–Bailout–Socialism– Just Say No!

 

 

 

 

 

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