US Attorney General Eric Holder–Vote Early and Often–The Chicago Way–Batter Up–Videos

Posted on April 9, 2012. Filed under: Blogroll, College, Communications, Economics, Education, Employment, Law, liberty, Life, Links, media, People, Philosophy, Politics, Video, Wisdom | Tags: , , , , , , , , , |

US Attorney General Eric Holder’s Ballot to Vote Offered to Total Stranger

Caught on Tape: Dead People and Clones Offered Ballots in Vermont Primary

The Chicago Way

Batter Up

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Corruption of Maine Republican Party Establishment Leadership By Mitt Romney–The Flip-Flopper Flips Off Maine’s Voters–Videos

Posted on February 16, 2012. Filed under: Blogroll, Communications, Economics, Employment, Federal Government, government, government spending, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Raves, Video, War, Wealth, Wisdom | Tags: , , , , , |

UPDATED February 19, 2012

Ron Paul Wins 2 more Counties Maine behind 117 votes ∞ Washington & Hancock County

Ron Paul Wins Washington County, Maine Caucus w/ 53%!! 

Clear Evidence Republican Party Committing Voter Fraud! 

Reality Check – GOP Maine Voter Fraud – 02/14/2012

Maine Republicans Urged to Reconsider Mitt Romney’s Win 

Ron Paul Campaign Questions Romney’s Maine Victory

Fox Focus Group Loves Ron Paul But Loves Being Lied to With War Propaganda More

Ron Paul on Fox 2/13/12 

Ron Paul – Three of a Kind 

Ron Paul Ad – He Served 

Ron Paul Ad – Secure 

Ron Paul Ad – Plan 

Ron Paul  – “The one who can beat Obama” 

Romney is a progressive neoconservative phoney  Republican –the pick of the Republican establishment leadership in Washington. D.C.

More and more libertarian conservatives and traditional conservatives will not vote for Mitt Romney in the primaries and the general election.

Should Romney be the Republican nominee, I for one will not vote for him.

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Stop Voter Fraud By Illegal Aliens: Require All Voters In Federal And State Elections To Show A State Photo Identification Card Or Drivers License and Voter Registration Card–Not A National ID Card!

Posted on April 28, 2010. Filed under: Blogroll, Books, Communications, Crime, Education, Federal Government, government, government spending, Immigration, Law, liberty, Life, Links, People, Philosophy, Politics, Rants, Raves, Regulations, Technology, Video, Wisdom | Tags: , , , |

Aiding and Abetting/Accessory

“A criminal charge of aiding and abetting or accessory can usually be brought against anyone who helps in the commission of a crime, though legal distinctions vary by state. A person charged with aiding and abetting or accessory is usually not present when the crime itself is committed, but he or she has knowledge of the crime before or after the fact, and may assist in its commission through advice, actions, or financial support. Depending on the degree of involvement, the offender’s participation in the crime may rise to the level of conspiracy.”

http://criminal.findlaw.com/crimes/a-z/aiding_abetting_accessory.html

 

Barack Obama: Driver’s licenses for illegal immigrants?

 

Obama’s ACORN Connection to FRAUD

 

 

Barack Obama and the History of Project Vote

 

 

 Danforth on ACORN: MSNBC 10/14/08

 

Obama, Acorn, And Election Fraud

Next: National ID card

Ron Paul: A National ID Card? Outrageous!

National ID Card, Judge Napolitano

 

The real reason the President and the progressive radical socialist Democrats are trying to demonize the new Arizona immigration law is they need voter fraud by illegal aliens to assist them in winning elections.

Until  amnesty can be granted to millions of illegal aliens already in the United States, the Democratic Party needs voter fraud to provide the winning edge in close elections.

Every day Americans must show their driver’s license when they purchase goods and services with a credit card or check.

This practice should be extended to the voting place.

The irony is that while I oppose a National Identification Card, it is the same progressive radical socialist Democrats that oppose the showing of a state photo identification card or drivers license at the voting place, who favor a National Identification card. 

Americans by a vast majority oppose giving illegal aliens  state photo identification cards  or driver’s  license.

A person should be required to present both a voter registration card and a state issued photo  identification card or  driver’s license at the place where they vote.

This would eliminate most if not all voter fraud. 

Barack Obama favors both giving illegal aliens state drivers licences and granting  amnesty to illegal aliens–so-called comprehensive immigration reform.

Why?

The progressive radical socialist  Democratic Party led by Barack Obama needs the  votes of illegal aliens to win elections.

The immigration laws should be enforced not broken routinely.

Illegal  aliens should not be given a state photo identification card or drivers license.

One problem that needs to be mentioned is identity theft.

Illegal aliens after breaking into the United States, next buy a set of  fraudulent documents including a driver’s license, Social Security card and other supporting documents that they provide to potential employers.

This is one reason why employers should be required to use the E-Verfiy system to determine if the number and name on the documents agree.

Illegal aliens should be removed from their place of employment in the United States.

Illegal aliens should be deported to their country of origin.

Presidential pandering to criminal aliens is not leadership, it is aiding and abetting criminals and betraying the oath of office he freely took.

Aiding and abetting criminal activity is itself a crime.

The United States is a nation under law.

No one is above the law.

Either enforce the immigration laws or resign Mr. President. 

 

Background Articles and Videos

ACORN, George Soros, and Voter Fraud in the 2008 Elections

 

Related Posts On Pronk Palisades

Immigration

Glenn Beck, Mark Levin and Roy Beck On Illegal Immigration and Progressive Radical Socialists Playing The Race Card By Attacking American Citizens Civil Rights and Jobs and Supporting Mexican Criminal Alien Civil Rights and Jobs!

Barack Obama and Al Sharpton–Race Card Players–Throw American Citizens–Black, Hispanic, White, and Young–Out of Work For Illegal Aliens–Criminals!

Obama Aids and Abets Illegal Immigration and High American Citizen Unemployment By Attacking Arizona State Law!

American Citizens Want Jobs and Criminal Alien Removal, Not Criminal Alien Census and Health Care!

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Discover The Left’s Organized Crime Network–Crime Pays–Organized Crimes Pays More–Apply for Census Taker Jobs!

US Immigration Videos

Borderline Chaos: Immigration Out of Control–Videos

The Hyphenated American and The Hyphen

The Signed “Stimulus Package” Did Not Include Funding for E-Verify and Border Fence Construction–Less Jobs And Security for American Citizens

President Obama Delays E-Verify–Shame On You Mr. President!

The Issue of The United States 2008 Presidential Election–Criminal Alien Removal (CAR) and A Border Security Fence (BSF)

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

Appeasers and Oath Breakers All: Bush, Clinton, Bush, McCain, Clinton, Obama…Who is next?

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

John McCain’s Position on Illegal Immigration and Criminal Alien Removal?

Alan Keyes on Immigration

 

 

 

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ACORN Or Association of Community Organizations for Reform Now–Good Intentioned People Lead By Criminal Organizers–Demand A Special Prosecutor To Investigate!–Videos

Posted on May 9, 2009. Filed under: Blogroll, Communications, Economics, Employment, Law, Links, People, Politics, Quotations, Rants, Raves, Video | Tags: , , , , , , , , , , |

acorns

money_stack

The Housing Crisis and ACORN on The Sopranos

Re: The Housing Crisis and ACORN on The Sopranos…How it happend!!!

Obama And Rezko Relationship

Does ACORN need America to be in crisis?

Glenn Beck Clips 06-08-09 David Horowitz on ACORN Obama Was Their Lead Attorney

Glenn Beck ACORN With Bill O’Reilly 05 28 09 Part 2

Glenn Beck Interviews Marcel Reid of ACORN 8 on Audit Request. 05 29 09

Glenn Beck & Judicial Watch Pres Tom Fitton, on ACORN Involvement in 2010 Census. 05 29 09

The time is past due for the American people to insist that a special prosecutor be named to investigate the leadership of ACORN for alledged organized crimes including how Federal funds are being used to fund subsidiary organizations under ACORN that have engaged in criminal activites including massive voter registration fraud, extortion of businesses and  financial institutions, racketeering, intimitation of individuals and the theft of funds.

The ACORN or the Association of Community Organizations for Reform Now, Inc. should be presecuted under the RICO or Racketeer Influenced and Corrupt Organizations Act specifically Title 18, United States Code, Sections 1961-1968; reference: http://www.ricoact.com

Racketeering activity includes the following:

  • Any violation of state statutes against gambling, murder, kidnapping, arson, robbery, bribery, extortion, dealing in obscene matter, or dealing in a controlled substance or listed chemical (as defined in the Controlled Substances Act);
  • Any act of bribery, counterfeiting, theft, embezzlement, fraud, dealing in obscene matter, obstruction of justice, slavery, racketeering, gambling, money laundering, commission of murder-for-hire, and several other offenses covered under the Federal criminal code (Title 18);
  • Embezzlement of union funds;
  • Bankruptcy or securities fraud;
  • Drug trafficking;
  • Money laundering and related offenses;
  • Bringing in, aiding or assisting aliens in illegally entering the country (if the action was for financial gain);
  • Acts of terrorism.

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

The community organizers that engaged in criminal activity should be prosecuted to fullest extent of the law.

Also, the connections between ACORN and SEIU-Service Employees International Union and their similiar tactics of intimitation needs to be investigated to determine whether any criminal activities were engaged in by both organizations.

The American people’s taxes should not be used to finance organized crime.

President Obama appears to be protecting ACORN  from Congressional investigations into ACORN leadership criminal activities and assuring that millions if not billions of taxpayer money are distributed throughout the ACORN network of interlocking organizations including SEIU.

The situation has all the earmarks of an organized crime family with radical socialist roots that targets both private businesses and government entities for extorting money to fund its operations.

The American people will not let these crimes not be investigated and the quilty brought to justice.

Both political parties should be demanding a special prosecutor be named.

Glenn Beck Acorn, Part 3 of 7
of 7

Glenn Beck: May 13, 2009 part 1 of 7

Glenn Beck: May 13, 2009 part 2 of 7

Why you should care about A.C.O.R.N

OBAMA CAUGHT SAYING ACORN AND FRIENDS WILL SHAPE HIS PRESIDENTIAL AGENDA

Obama, Acorn, And Election Fraud

ACORN and OBAMA: Radical Socialist Racism

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

Obama Calls For Special Prosecutor For BushMcCain VoteFraud

Lou Dobbs Attacks Unions and Acorn

Lou Dobbs Attacks Unions and Acorn

Glenn Beck: ACORN, ACLU, May 12, 2009, Part 1 of 7

Glenn Beck: ACORN, ACLU, May 12, 2009, Part 2 of 7

Glenn Beck – ACORN & SEIU using Thug Tactics?

Glenn Beck: ACORN Day 4 (5-11-09) Kevin Mooney Washington Examiner

Glenn Beck: ACORN 8 Day 4 5-11-09 Michael McCray

Part 1-Of-4—Glenn Beck on Obama’s ACORN

Part 2-Of-4—Glenn Beck on Obama’s ACORN

Part 3-Of-4—Glenn Beck on Obama’s ACORN

Part 4-Of-4—Glenn Beck/Bill O’Reilly on Obama’s ACORN

Part 4-Of-4—Glenn Beck/Bill O’Reilly on Obama’s ACORN

Glenn Beck Throws ACORN Spokesman Scott Levenson Out of FOX Studio for Racist Accusation

John Fund vs. ACORN

Acorn: using tax dollars to break the law.

http://www.youtube.com/watch?v=UFEbuHXqecM&feature=PlayList&p=1A6FD13D2EC18342&playnext=1&playnext_from=PL&index=6Background

ACORN Urging Passing of Stimulus Which Could Provide Them Funding

Congresswoman Bachmann Moves To Stop Government Funding For ACORN

Rep. Michele Bachmann and Chairman Barney Frank Face Off on ACORN Funding

ACORN Web Video

http://www.youtube.com/watch?v=pe7Glm9E4K0

LOL

who’s backing Barack Obama???

Barack Obama is a DISASTER!!!!

ACORN’S sister organization, WALNUT. PART 1.

ACORN’S sister organization, WALNUT. PART 2

Background Articles and Videos

“ACORN is a criminal enterprise”

By Michelle Malkin

“… “ACORN is a criminal enterprise.”

These are the five simple words that every conservative candidate officeholder should be repeating often and loudly.

It’s about the fraud. It’s about the coordinated corruption. It’s about the effect on housing, the economy, and the entire electoral landscape.

Does the GOP get it yet? At least one Republican candidate does.

Kris Kobach, the former Bush administration national security/immigration enforcement official and constitutional lawyer, announced that he will run for Kansas Secretary of State last week. His prime motivation: stopping the ACORN racket:

Kris Kobach’s desire to be Kansas Secretary of State can be summed up in one word:

“ACORN,” he told a modest audience that gathered Thursday for lunch at Salina’s Western Sizzlin restaurant.

Salina is one of eight cities Kobach, who until recently was chairman of the Kansas Republican Party, is visiting to announce his desire to be secretary of state.

ACORN — the Association of Community Organizations for Reform Now — is an aggressive get-out-the-vote organization that represents low- and moderate-income people nationally. “Since 1970, ACORN has been building community organizations that are committed to social and economic justice,” its Web site says.

Kobach describes it differently.

“ACORN is a criminal enterprise,” he said Thursday. …”

http://michellemalkin.com/2009/06/01/acorn-is-a-criminal-enterprise/

Counterprotesting Obamacare and the ACORN/SEIU mob

By Michelle Malkin

“…I wrote earlier this month about the need for the Right to counter the huge Obamacare push by the big government alliance. Resistance has to happen on the ground, on the airwaves, and in the halls of Congress. ACORN, the SEIU, and the rest of the liberal grass-roots network are organized and committed to helping the White House. They’re pulling out all the stops:

Activists delivered a stack of dirty laundry to U.S. Rep. John Boehner’s West Chester Twp. office Wednesday, May 27, to protest his stance on health care reform.

The 14 T-shirts had messages written on them, many from a nearby low-income neighborhood.

“I have breast cancer — a pre-existing condition. I can’t get health coverage. Please Mr. Boehner, support health care for Americans now,” read one T-shirt signed by “Cassandra.”

“I lost my insurance because I couldn’t get enough hours at work,” another read.

The demonstration was part of a nationwide effort organized by the Association of Community Organizations for Reform Now and Health Care for America Now. They targeted Boehner, U.S. House Republican leader, because of his record of opposing expansion of publicly funded healthcare.

“These health insurance companies have a lot of dirty laundry to air,” said Ohio ACORN Director Amy Teitelman. “We want Rep. Boehner to be on the side of the people who made these T-shirts, not on the side of health insurance companies.”

“(Boehner) has voted consistently against expanding healthcare, and we’re trying to get him to see it’s hurting his constituency,” said ACORN organizer Debra Hentnik.

Health Care for America Now is funded by the radical left Tides Foundation, founded by Drummond Pike — the ACORN sugar daddy who bailed out the rotten Rathke family after ACORN founder Wade Rathke’s brother, Dale, was exposed as the thief who embezzled nearly $1 million from the organization.

The Right needs to expose these corruptocrats; show Americans that the do-gooder poseurs want more power and control, not real “health care reform;” and match them foot soldier for foot soldier in the streets. …”

http://michellemalkin.com/2009/05/31/couterprotesting-obamacare-and-the-acornseiu-mob/

Document drop: The truth about ObamACORN

By Michelle Malkin

“…They thought it would go away. They were wrong. Obama and the Left thought ACORN’s scandalous racket was a dead issue. But whistleblowers, investigative bloggers, and talk radio continue to press for transparency and taxpayer accountability. Iowa GOP Rep. Steve King has renewed efforts for congressional hearings into the financial structure of the massive, publicly subsidized activist group and its non-profit affiliates. Judicial Watch sheds light on ACORN’s partnership with the Census. Keep an eye on ACORN’s propaganda role in the Obama push for a government health care takeover. And Glenn Beck spotlights the left-wing strategy session to rescue ACORN.

My column today returns to one of the Obama campaign’s big lies — that Barack Obama “never organized with ACORN” and that ACORN had nothing to do with Project Vote. They were joined at the hip back then and they remain joined at the hip today.

Here’s the text of e-mails from ACORN and affiliate staffers patting themselves on the back for their role in Obama’s voter registration drive (click here for the original). Note the addressees, including Frances Piven. Yes, that Frances Piven: …”

http://michellemalkin.com/2009/05/29/document-drop-the-truth-about-obamacorn/

Conyers chickens out of ACORN probe

By Michelle Malkin

“…Democrat Rep. John Conyers backs down from his pledge to investigate ACORN fraud: Bok, bok, bok.

Matthew Vadum zeroes in on the right question: What happened in a mere two weeks to change Conyers’ mind? Did he get a call from friends of ACORN in high places? Did he get something else? Why drop the call for a congressional probe in the very same week that ACORN criminal charges have been filed in Nevada and Pennsylvania?

What gives? Or who gives? …”

http://michellemalkin.com/2009/05/08/conyers-chickens-out-of-acorn-probe/

Racketeer Influenced and Corrupt Organizations Act

“The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO) is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was enacted by section 901(a) of the Organized Crime Control Act of 1970 (Pub.L. 91-452, 84 Stat. 922, enacted October 15, 1970). RICO is codified as Chapter 96 of Title 18 of the United States Code, 18 U.S.C. § 1961–1968. While its intended use was to prosecute the Mafia as well as others who were actively engaged in organized crime, its application has been more widespread.

It has been speculated that the name and acronym were selected in a sly reference to the movie Little Caesar, which featured a notorious gangster named Rico. The original drafter of the bill, G. Robert Blakey, refused to firm or deny this.[1]

…”

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

Association of Community Organizations for Reform Now

ACORN, the Association of Community Organizations for Reform Now, is a community-based organization that advocates for low- and moderate-income families by working on neighborhood safety, voter registration, health care, affordable housing, and other social issues. ACORN has over 400,000 members and more than 850 neighborhood chapters in over 100 cities across the United States, as well as in Argentina, Canada, Mexico, and Peru. ACORN was founded in 1970 by Wade Rathke and Gary Delgado.[1] Maude Hurd has been National President of ACORN since 1990.

ACORN’s priorities have included: better housing and wages for the poor, more community development investment from banks and governments, and better public schools.[2] ACORN pursues these goals through demonstration, negotiation, lobbying for legislation, and voter participation.[2] ACORN is made up of several legally distinct parts including local non-profits, a national lobbying organization and the ACORN Housing Corporation. ACORN is a non-profit, non-partisan social justice organization, but its legally separate political action arm frequently champions liberal causes, and endorsed Democratic presidential candidate Barack Obama in 2008.[3][4][5]

”’>

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

ACORN Could Be Eligible for $8.5 Billion This Year

“…As I told the Washington Examiner a few hours ago after reviewing the Obama stimulus bill and the proposed fiscal 2010 budget for the U.S. Department of Housing and Urban Development (HUD), ACORN and other left-wing advocacy groups could have a shot at pocketing up to $8.5 billion this year.

Here’s how I arrived at the $8.5 billion figure.

The $800 billion-plus stimulus bill, which is now formally known as the American Recovery and Reinvestment Act of 2009 or Public Law 111-5, originally set aside $5.2 billion that could flow directly or indirectly into the coffers of ACORN and its liberal friends. It appears the $5.2 billion was chopped down to $3 billion in the version of the bill that President Obama signed into law on February 17. The $3 billion consists of $2 billion in funds set aside for the redevelopment of abandoned and foreclosed homes and $1 billion in Community Development Block Grants (CDBG).

CDBG is good old-fashioned graft. Local politicians of both parties love CDBG because it is flexible. The program gives them wide latitude when spending grant money and allows local leaders to use federal dollars on local projects that they wouldn’t dream of spending their own local tax dollars on. ACORN loves CDBG because it is adept at lobbying for CDBG funds. …”

http://spectator.org/blog/2009/05/06/acorn-could-be-eligible-for-85

ACORN Whistle Blowers Multiply, Drummond Pike Buys Off Embezzlement, Rathke takes leave of absence from Tides Foundation

“…When the embezzlement of almost $1 million by the brother of the founder of the Association of Community Organizations for Reform Now, better known as Acorn, surfaced last month, the organization announced that an anonymous supporter had agreed to make it whole.That supporter was Drummond Pike, the founder and chief executive of the Tides Foundation, which channels money to what it describes as progressive nonprofits, including some Acorn charitable affiliates.Mr. Pike is a friend of Wade Rathke, the founder of Acorn and its leader until the scandal broke, and he agreed to buy the promissory note that required the Rathke family to repay Acorn the money that Mr. Rathke’s brother, Dale, had stolen.Mr. Rathke is a member of the board of the Tides Foundation and other Tides-related organizations.Since 2000, the Tides Foundation has provided more than $400 million to nonprofit groups, with much of that money flowing out of donor-controlled accounts it manages in the same way that the Fidelity Charitable Gift Fund or a community foundation does.John A. Powell, board chairman of the Tides Network, the umbrella organization for various Tides affiliates, wrote in an e-mail message to The Times that Tides had no involvement in the matter and that none of its money was used to buy the Rathke family’s debt to Acorn.He said Mr. Rathke was on a leave of absence from all Tides boards.In 2000, Acorn discovered that Dale Rathke had embezzled $948,507.50 from it and affiliated charitable organizations. The management committee that controlled the organization decided not to alert law enforcement officials, and negotiated an agreement with the Rathke family to repay the money.That agreement was carried on the books of an affiliate, Citizens Consulting Inc., as a loan to an officer. Sometime in June, Mr. Pike bought the loan from the affiliate, according to e-mail messages between senior executives at Acorn that were provided to a reporter by Acorn employees, who requested anonymity because they feared losing their jobs.Mr. Pike refused to confirm or deny that he had bought the note. …”

http://waderathke.blogspot.com/2008/08/acorn-whistle-blowers-multiply-drummond.html

Members of Congress stop funding Acorn!

“…Barney Frank is at it again.  Last year, Frank passed a bill in the House for a $4 billion slush fund that the corrupt left-win activist organization known as ACORN could have applied to for taxpayer funds.  Frank was forced by the Senate to accept a provision barring taxpayer funds to organizations and employees of organizations, such as ACORN, that have been indicted for voter fraud.  This year, with increased Liberal majorities in the House and Senate, Frank made sure ACORN remained eligible for funds from the Stimulus Bill.  Now, Frank, the Chairman of the House Financial Services Committee, is using a mortgage reform bill due to be voted on this week to add another $180 million for “counseling” and “legal services” for people with mortgage problems.  This time he ran up against Congresswoman Michele Bachmann (R-MN), a member of his committee.  Citing numerous charges of voter fraud and tax violations against ACORN in a number of states, Bachmann proposed an amendment with the same language as last year’s law. Afraid of a debate and committee vote, Frank cut off debate and accepted the Bachmann amendment.  Apparently this did not sit well with Franks’ left-wing friends because just hours later he announced he would try to gut the amendment when the bill is voted on by the whole House.

TAKE ACTION NOW!  GO HERE AND TELL Rep. John B. Larson TO OPPOSE THE FRANK AMENDMENT TO H.R. 1728, THE MORTGAGE REFORM ACT

This is a rare opportunity to put every member of the House of Representatives on record as to where they stand on ACORN.  Normally, House Speaker Nancy Pelosi could prevent a vote on the Bachmann provision but they are forced to have a vote because the provision is already in the bill and they want it out. …”

Stimulus bill funds ACORN despite its history of corruption

By: Kristen Lopez Eastlick, OpEd Contributor

02/09/09 12:05 AM EST

KEY DATA:

* ACORN could receive up to $4 billion under the economic stimulus legislation approved by the House of Representatives.
* ACORN has received an estimated $53 million in government funds since its founding in 1970.
* ACORN is under investigation in at least 14 states in connection with allegations of voter registration fraud in the 2008 campaign.

TAKE HOME:

ACORN claims to represent low-income workers but does not pay its own employees the  minimum wage and in 1995 sued California for an exemption from its minimum wage requirement.

A multi-million dollar liberal non-profit activist conglomerate reportedly under federal investigation may get a big piece of the economic recovery stimulus pie now under consideration by Congress.

It’s the Association of Community Organizations for Reform Now – the infamous ACORN.

That’s right. ACORN, the activist group that has been implicated in voter fraud and registration deception in at least 14 states may get the financial bailout it needs to pull off another round of schemes in the next election season. …”

http://www.washingtonexaminer.com/opinion/Stimulus-bill-funds-ACORN-despite-its-history-of-corruption-39288257.html

Congress Should Say Nuts to ACORN (updated)

Clarice Feldman

“…The Washington Examiner is quickly becoming a formidible publication with a bevy of first rate writers.
Today’s expose of Congressional largesse to ACORN  by Kevin Mooney is a good example:
At least $53 million in federal funds have gone to ACORN activists since 1994, and the controversial group could get up to $8.5 billion more tax dollars despite being under investigation for voter registration fraud in a dozen states. The economic stimulus bill enacted in February contains $3 billion that the non-profit activist group (Snip) could receive, and 2010 federal budget contains another $5.5 billion that could also find its way into the group’s coffers.
Update – Clarice Feldman writes:
Days ago ACORN workers were indicted in Nevada. Today they are charged with registration wrongdoing in Pennsylvania….”

ACORN: Labor’s Ally Is a Bad Seed

ACORN is a beneficiary of federal government largess. During 2003-2004, it received $2.6 million in federal grants to support its housing programs. But its political activism has led Republican lawmakers to forbid Fannie Mae and Freddie Mac from funding ACORN’s voter registration drives. ACORN has a history of using federal grants to subsidize its political activities. According to the Wall Street Journal, a 1994 grant to the ACORN Housing Corp. from the federal volunteer agency AmeriCorps was terminated after an inspector general found that ACORN had used AmeriCorps volunteers for political purposes.

Despite these setbacks, ACORN has lobbied for access to more federal funds and it is likely to ask more of the Democrat-controlled Congress. In 2005, it actually helped convince the Republican-controlled House of Representatives to pass a bill creating an “affordable housing trust fund,” which would allocate up to 5% of profits generated by Fannie Mae and Freddie Mac to groups like ACORN to provide affordable housing. The bill went nowhere in the Senate, but it is likely to be reintroduced in the new Congress. Given its history, it’s not unreasonable to expect ACORN to use these funds to subsidize its ongoing political activities. Even with legal and accounting controls, money is always fungible. …”

Is George Soros actually the “behind the scenes” director for the Obama Administration?

It seems like this might be a possibility.  Most nominations for cabinet positions by this Administration have some kind of ties to Soros or World Socialists or are avid United Nations supporters……

“Shadow Party”…….”Democracy Alliance”……both tied to George Soros.

Shadow Party network at link below:

http://www.discoverthenetworks.org/ShadowParty.asp

Democracy Alliance network at link below:

http://www.washingtonpost.com/wp-dyn/content/article/2006/07/16/AR2006071600882_pf.html

…”

http://romanticpoet.wordpress.com/2009/03/18/hang-on-to-your-wallets-democrats-hidden-soros-slush-fund/Workers

Allege ACORN actively campaigned for Senate candidate Claire McCaskill

Special Prosecutor

“A special prosecutor generally is a lawyer from outside the government appointed by an attorney general or Congress to investigate a government official for misconduct while in office. A reasoning for such an appointment is that the governmental branch or agency may have political connections to those it might be asked to investigate. Inherently, this creates a conflict of interest and a solution is to have someone from outside the department lead the investigation. The term “special prosecutor” may have a variety of meanings from one country to the next, from one government branch to the next within the same country, and within different agencies within each government branch. Critics of the use of special prosecutors argue that these investigators act as a “4th branch” to the government because they are not subject to limitations in spending or have deadlines to meet. …”

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

SEIU Staff Union Pickets the SEIU!

Report On Employee Free Choice Act

Worker Advocate Comments on Obama’s Secretary of Labor Appointment

Lou Dobbs Criticizes Appointment of Pro-Union Labor Secretary

Heritage In Focus: Voting Down the Union Bosses

Employee Free Choice Act

Barack Obama on the Employee Free Choice Act

Lou Dobbsa: The Employee Free Choice Act

The Card Check Reality

EFCA Means Intimidation

Coercive “Card Check” Union Organizing Victims Speak Out

George Soros and Acorn in the 2008 Elections

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Resistence Is Futile? It’s All Over Now, Baby Barack of Borg–24 Million Americans Seeking Full Time Jobs–Join The Second American Revolution!

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Phoney Political Polls–Just Flip It Off–McCain 55% vs. Obama 40%

Posted on October 16, 2008. Filed under: Blogroll, Books, Comedy, Economics, Immigration, Links, People, Politics, Rants, Raves, Resources, Reviews, Taxes, Video, War | Tags: , , , , , , , , , , |

 The Art Of Polling; Should We Trust Polls?; Race For The White House

 

Insane Presidential Poll Numbers For Obama and McCain – October

 

Opinion Polls: Getting the results you want

 

Arianna Huffington – The Problem with Polling

 

Yes Prime Minister Clip – Who Reads the Papers

 

Congratulations President McCain!

The pump and dump drive-by mainstream media who are in the tank for Obama have been very busy polling.

If you believe their polls, Obama is winning the popular vote by 10% to 15% and will be the next President.

There are many, many ways to cheat and get the result you want: 

  1. the sample size of the poll.
  2. who is polled–adults, registered voters, or likely voters.
  3. when the poll is taken–overnight, during the week, or on the weekend.
  4. the weighting of responders–Democrats, Republicans and independents.
  5. the wording of the question.
  6. the order of the questions.
  7. the response rate.

The only poll that counts is the actual election.

Unfortunatley, even here Obama and his allies in ACORN, its affiliates, and clones are also trying to steal the election with voter registration fraud and voter fraud.

The deep secret about big media, people and politicians is that they are all ignorant about the issues and policies.

Big media is polling ignorant people about issues and policies that both are deeply ignorant of for politicians that are ignorant of the American people’s concerns.

The blind leading the blind.

The American people are deeply concerned about illegal immigration and want it stopped and the illegal aliens sent home.

The pump and dump drive-by mainstream media, along with the Presidential candidates of both parties totally ignore the issue.

No questions about this issue has been asked during the Presidential and Vice-Presidential debates.

 

Polls hide truth says Gallup veteran

 

AAPOR: Frank Newport

 

AAPOR 2008: Robert Groves

 

National Political Polls — Who gives a S*#%

 

Yes, Prime Minister – You lied – The Tangled Web

 

LOL or COL 

Drinking With Bob

The Voice of The American People

 

Barack Obama is a DISASTER!!!!

 

Barack Obama is a freaking Socialist…

 

 

We’ve been lied to AGAIN…

 

Background Articles and Videos

 

USA Today / Gallup Poll Rigged For McCain


 

 

Political Polls: Barak Obama John McCain

 

Constructing Public Opinion

 

AAPOR: Frank Newport

 

October 09, 2008

Polls: Obama or McCain Is Winning

By Steven M. Warshawsky

“…Before concluding, let’s look at a typical poll of the races in two important “battleground” states.  This poll was done by CNN/Time on October 7 (also taken from RCP).  According to this poll, Obama is leading McCain in Ohio, 50% to 47%, and in Wisconsin, 51% to 46%.  The headline for the poll:  “New Obama gains in battleground states.”  Yet the margin of error for the poll was +/- 3.5 points.  This means that, based on the results of the CNN/Time poll itself, McCain could be leading in Ohio by a margin of 50.5% to 46.5% and in Wisconsin by a margin of 49.5% to 47.5%.

Of course, in the past several weeks there have been polls showing McCain leading the race nationally and in the battleground states.  Are the results of such polls simply to be disregarded?  On what grounds?  Why should the polls that show Obama in the lead be given more weight than the polls that show McCain in the lead?  Such reporting reflects the bias of the mainstream media, not the “truth” about how the American people are going to vote this November.  Moreover, the idea – implicit in the daily fluctuations of the polls – that large numbers of American voters are regularly switching back and forth between McCain and Obama makes no sense.  Who knows any real people who are going through such mental and political gymnastics?

In short, the polls do not show that Obama is “winning” the race, anymore than they show that McCain is “winning” the race.  What they show is that the contest is very close, and will not be decided until election day — when the American people actually go to the polls and cast their votes. 

 

For the reasons I’ve stated before, I predict that more votes will be cast for McCain than for Obama.

http://www.americanthinker.com/2008/10/polls_obama_or_mccain_is_winni_1.html

 

Book Review: “Mobocracy”, by Matthew Robinson

“…All of this would be meaningless if it were not for the fact that the media and even the public puts much stock in polls. The media uses it to make elections into horse-races and to support its positions on social issues. Because of this, polling can have the tendency to change the color, tone, length and intensity of a debate. Polls create an environment during elections that cause candidates to drop out of races even before they can educate the public on their views. This is because a candidate who does not poll well in the early running will be ignored by the media and will find donations shrink and finally disappear. A kind of “Catch-22” for an unknown player. He cannot get his message out without money, and he cannot get money unless he can get his message out.

Mark Twain has often been quoted, “There are three kinds of lies: lies, damn lies and statistics.” After reading Mr. Robinson’s book you will come to realize that polling often falls into one of these three categories. Yet, he does make clear that polling is a tool, even a weapon, and like tools and weapons it can be used or it can be abused.

Polling can be used by industry to help shape products. It can be used by sociologists and scientists to advance medicine and psychology. It can be used for entertainment and trivia. It can also be used in politics to help gauge the effectiveness of public campaigns.

Ultimately, an educated public is the best way to fix the problems with polling. Not only will it make our understanding of polling data and its significance more profound, but perhaps the data itself will be made more accurate.

Matthew Robinson’s book clearly explains the complexity of polling and its effects on politics. His analysis succinctly illustrates that polling is not so much a democratizing influence as it is a disturbing one. “Mobocracy” provides a great opportunity to learn about the art, science and necromancy of polling.”

http://www.conservativemonitor.com/books03/1.shtml

 

Mobocracy: How the Media’s Obsession with Polling Twists the News, Alters Elections and Undermines Democracy

“…Mobocracy: How the Media’s Obsession with Polling Twists the News, Alters Elections and Undermines Democracy, by Matthew Robinson. Prima Publishing, 366 pages, $24.95

MASS-MEDIA POLLING IS JUSTIFIABLY SKEWered in this spirited work by Matthew Robinson, managing editor of the conservative weekly Human Events and an adjunct fellow of the Claremont Institute. He begins with the abuses of polling and ends with a stout defense of the American Constitution and the statesmanship and political journalism that helped launch and legitimize it. …” 

http://findarticles.com/p/articles/mi_qa3827/is_200201/ai_n9020996

 

The return of McAmnesty the Democrat Suck-Up

By Michelle Malkin

“…Maybe McCain needs to lay low until Election Day and let Sarah do the talking.

If you are dreading the upcoming presidential debate, you are not the only one.”

http://michellemalkin.com/2008/09/22/the-return-of-mcamnesty-the-democrat-suck-up/

 

Related Posts On Pronk Palisades

New Poll: McCain/Palin Will Win 50 States!–Obama/Biden Will Win 57 States?

Conservative Turnout Will Determine the Outcome of The Presidential 2008 Race Between McCain vs. Obama

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

Posted on September 23, 2008. Filed under: Blogroll, Economics, Investments, Links, Music, People, Politics, Rants, Raves, Regulations, Resources, Taxes, Video, War | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

For What It’s Worth – Buffalo Springfield

 

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

 

Explosive Video, Fannie Mae CEO calling Obama and the Dems the “Family” and “Conscience” of Fannie Mae

OBAMA CAUGHT SAYING ACORN AND FRIENDS WILL SHAPE HIS PRESIDENTIAL AGENDA

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!!!

 

Jim Rogers Speaks the Truth about Fannie Mae and Freddie Mac

 

Jim Rogers: Socialism for the Rich.

 

Reaction To Fannie Mae, Freddie Mac Rescue Plan

 

Will Congress Pass Bailout Plan?

 

Kevin Phillips on Bill Moyers – Economic crash 2008 (3/3)


 

Wall Streets Day of Reckoning: Turmoil in the Global Market

 

Dollar Collapse – Chicken Little Was Right – Goodbye Dollar

 

The American people are outraged by the corruption in Washington.

The American people are opposed to any bailout of Fannie Mae, Fannie Mac, AIG, investment, commerical, security and mortage bankers that profited from the home subprime mortgage scam –the crime of the century. 

The American people want the politicians of either party that aided and abetted this crime to be exposed for what they are–corrupt criminals that should not be in Congress nor the Whitehouse but in prison.

The Democratic Party fought against more regulation and oversight for both Fannie Mae and Freddie Mac recommended and proposed by both President Bush and Senator McCain.

The Democratic Party insisted and required by law, the Community Reinvestment Act, that banks make loans to people that were clearly unqualified to receive them.

The Democratic Party made sure that the executives running both Fannie Mae and Freddie Mac supported their efforts to fund undocumented loans for home mortages.

The Democratic Party is responsible for starting this crisis by their meddling and government intervention in the mortage market.

The former executives who ran both Fannie Mae and Freddie Mac should be in prison and not advising Barack Obama.

Reform yes. Cover up no!

Prison yes. Bailout no! 

Only you can prevent socialism in America! 

 Ron Paul Blasts Secret Government Running Economy


 

 Background Articles and Videos

 

http://townhall.com/columnists/ThomasSowell/2008/10/03/do_facts_matter

Do Facts Matter?

by Thomas Sowell

 

“…The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain– which is astonishing in view of which man and which party has had the most to do with bringing on this crisis.

It raises the question: Do facts matter? Or is Obama’s rhetoric and the media’s spin enough to make facts irrelevant?

Fact Number One: It was liberal Democrats, led by Senator Christopher Dodd and Congressman Barney Frank, who for years– including the present year– denied that Fannie Mae and Freddie Mac were taking big risks that could lead to a financial crisis.

It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac.

It was liberal Democrats, again led by Dodd and Frank, who for years pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today’s financial crisis.

Alan Greenspan warned them four years ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush’s Secretary of the Treasury, five years ago.

Yet, today, what are we hearing? That it was the Bush administration “right-wing ideology” of “de-regulation” that set the stage for the financial crisis. Do facts matter?  …”

 

 

Bank Mess Started With Gov’t Intervention

By THOMAS SOWELL

“…Blaming the lenders is the party line of congressional Democrats as well. What we need is more government regulation of lenders, they say, to protect the innocent borrowers from “predatory” lending practices.

Before going further down that road, it may be useful to look back at what got us into this mess in the first place.

It was not that many years ago when there was moral outrage ringing throughout the media because lenders were reluctant to lend in certain neighborhoods and because banks did not approve mortgage loan applications from blacks as often as they approved mortgage loan applications from whites.

All this was an opening salvo in a campaign to get Congress to pass laws forcing lenders to lend to people they would not otherwise lend to and in places where they would not otherwise put their money.

Banks’ Dilemma

The practice of not lending in some neighborhoods was demonized as “redlining” and the fact that minority applicants were approved for mortgages only 72% of the time, while whites were approved 89%, was called “overwhelming” evidence of discrimination by the Washington Post. …”

“…Laws and regulations pressured lending institutions to lend to people that they were not lending to, given the economic realities.

Forced Lending

The Community Reinvestment Act forced them to lend in places where they didn’t want to send money, and where neither they nor politicians wanted to walk.

Now that this whole situation has blown up in everybody’s face, the government intervention that brought on this disaster in is supposed to save the day.

Politics is largely the process of taking credit and putting the blame on others — regardless of what the facts may be. Politicians get away with this to the extent that we gullibly accept their words and look to them as political messiahs.”

http://www.ibdeditorials.com/IBDArticles.aspx?id=301532605156669

 

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==

 

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/

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


 

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

 

Subprime Pols

 

Government has been the principal factor preventing the “affordable housing” that politicians talk about so much.

By Thomas Sowell 

“…In short, government has been the principal factor preventing the “affordable housing” that politicians talk about so much.Politicians have also been a key factor behind pushing lenders to lend to borrowers with lower prospects of being able to repay their loans.The Community Reinvestment Act lets politicians pressure lenders to lend to people they might not lend to otherwise — and the same politicians are quick to cry “exploitation” when the interest charged to high-risk borrowers reflects that risk.

 

The huge losses of sub-prime lenders, some of whom have gone bankrupt, demonstrate again the consequences of letting politicians try to micromanage the economy.

Yet with all the fingerpointing in the media and in government, seldom is a finger pointed at the politicians at local, state, and national levels who have played a key role in setting up the conditions that led to financial disasters for individual home buyers and for those who lent to them.

While financial markets are painfully adjusting and both lenders and borrowers are becoming less likely to take on so much risky “creative” financing in the future, politicians show no sign of changing.

Why should they, when they have largely escaped blame for the disasters that their policies fostered? …”

http://article.nationalreview.com/?q=YjgwYzI4Njg3OWMxOGUzYmY0ZDMwYzYwNzkzYjc1NDI=

 

The Right Stuff…

By INVESTOR’S BUSINESS DAILY | Posted Friday, September 19, 2008 4:20 PM PT

Subprime Crisis: President Bush’s financial team is now proving its mettle — and its expertise. Led by Treasury Secretary Henry Paulson, it crafted a reasonable, workable response to the subprime meltdown.

“…Like so many others, we believe that government should largely remove itself from functioning markets. But in a case such as this, where a market has been seriously damaged due to regulatory excess, an obligation exists to help undo the damage.

That’s the case now with the subprime crisis and housing collapse, both largely due to decades of congressional incompetence.

With world credit markets seized up and little to show for piecemeal U.S. efforts to deal with the growing financial panic, Paulson and others on the Bush financial team late last week shifted course, crafting a systematic answer to the markets’ meltdown.

This was leadership writ large. Paulson spent decades on Wall Street as a trader and top executive at one of its flagship firms, Goldman Sachs, and his experience and market wisdom showed.

His controversial decision to create a new financial entity, modeled broadly on the 1980s-era Resolution Trust Corp., may just spell an end to this financial crisis. Congress, which has mostly sat on the sidelines during this crisis, should approve it right away.

Unlike the RTC, which owned actual properties, the new agency that Paulson’s Treasury is creating will buy up the impaired mortgage-backed securities and hold them for resale when the market turns favorable again.

For ailing financial markets, this was welcome tonic. At this point they care less about details of the agency than limiting the contagion of the subprime crisis so it will no longer contaminate global banks and investors’ balance sheets. Mission accomplished. …”

http://www.ibdeditorials.com/IBDArticles.aspx?id=306716096379423

 

Dispelling The ‘Deregulation’ Myth

By INVESTOR’S BUSINESS DAILY | Posted Friday, September 19, 2008 4:20 PM PT

Politics: A dubious and dangerous idea seems to be gaining strength — that government caused the financial crisis by giving capitalism free rein. If anything, it hasn’t done enough of that.

“So why did banks and investment houses get into so much trouble? It will take a long and exhaustive post-mortem to answer that question fully, but one point is already clear: They made mistakes that had nothing to do with the 1999 law.

Commercial banks threw lending standards out the window in their rush to get new business. Like S&Ls of the 1980s, they would have gone wild without Gramm-Leach-Bliley. Washington, if anything, egged them on, but not because of free-market dogma. Banks and mortgage brokers were pumping up the homeownership numbers in America, and politicians were eager to take credit for that.

Wall Street, meanwhile, became a victim of its own innovation. It created new classes of derivative investments that spread — and, through leverage, amplified — the risk from the subprime mortgages produced by the banks. A new multitrillion-dollar market emerged almost overnight, lacking in transparency and reliable price signals. With their asset values in doubt, investment banks lurched toward insolvency.

If regulators failed here, it wasn’t because of policies adopted years before. It was more of the same story that has played itself out over and over in modern finance: Innovation races ahead of the rules. Crises tend to take almost everyone by surprise — including the major players as well as the regulators.

Careful study in the aftermath can lead to smart policies that cushion the blows of future shocks, but it doesn’t prevent them entirely. Nor should it. Capitalism needs some room for trial and error, bringing out new ideas and testing them in adversity.

In this respect, Gramm-Leach-Bliley has turned out to be smart policy indeed. By repealing the rule against banks owning investment firms, it has led to at least two crucial mergers — JPMorgan Chase absorbing Bear Stearns and Bank of America merging with Merrill Lynch. Morgan Stanley may be the next investment house to find shelter in a well-capitalized commercial bank.

You can spot the theme here: By taking down an outmoded firewall, the law is helping the financial industry cope with a once-in-a-lifetime crisis. Far from being the cause, this instance of deregulation, or whatever you call it, is part of the cure.”

http://www.ibdeditorials.com/IBDArticles.aspx?id=306716557967194

 

Congress Lies Low To Avoid Bailout Blame

INVESTOR’S BUSINESS DAILY

Posted 9/18/2008

“…Until now, Congress has been surprisingly passive. As Sen. Majority Leader Harry Reid put it, “no one knows what to do” right now.

Funny, since it was a Democrat-led Congress that helped cause the problems in the first place.

When House Speaker Nancy Pelosi recently barked “no” at reporters for daring to ask if Democrats deserved any blame for the meltdown, you saw denial in action.

Pelosi and her followers would have you believe this all happened because of President Bush and his loyal Senate lapdog, John McCain. Or that big, bad predatory Wall Street banks deserve all the blame.

“The American people are not protected from the risk-taking and the greed of these financial institutions,” Pelosi said recently, as she vowed congressional hearings.

Only one problem: It’s untrue.

Yes, banks did overleverage and take risks they shouldn’t have.

But the fact is, President Bush in 2003 tried desperately to stop Fannie Mae and Freddie Mac from metastasizing into the problem they have since become.

Here’s the lead of a New York Times story on Sept. 11, 2003: “The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”

Bush tried to act. Who stopped him? Congress, especially Democrats with their deep financial and patronage ties to the two government-sponsored enterprises, Fannie and Freddie. …”

“…In the name of diversity, banks began making huge numbers of loans that they previously would not have. They opened branches in poor areas to lift their CRA ratings.

Meanwhile, Congress gave Fannie and Freddie the go-ahead to finance it all by buying loans from banks, then repackaging and securitizing them for resale on the open market.

That’s how the contagion began.

With those changes, the subprime market took off. From a mere $35 billion in loans in 1994, it soared to $1 trillion by 2008.

Wall Street eagerly sold the new mortgage-backed securities. Not only were they pooled investments, mixing good and bad, but they were backed with the implicit guarantee of government.

Fannie Mae and Freddie Mac grew to become monsters, accounting for nearly half of all U.S. mortgage loans. At the time of their bailouts this month, they held $5.4 trillion in loans on their books. About $1.4 trillion of those were subprime.

As they grew, Fannie and Freddie grew heavily involved in “community development,” giving money to local housing rights groups and “empowering” the groups, such as ACORN, for whom Barack Obama once worked in Chicago.

Warning signals were everywhere. Yet at every turn, Democrats in Congress halted attempts to stop the madness. It happened in 1992, again in 2000, in 2003 and in 2005. It may happen this year, too.

Since 1989, Fannie and Freddie have spent an estimated $140 million on lobbying Washington. They contributed millions to politicians, mostly Democrats, including Senator Chris Dodd (No. 1 recipient) and Barack Obama (No. 3 recipient, despite only three years in office).

The Clinton White House used Fannie and Freddie as a patronage job bank. Former executives and board members read like a who’s who of the Clinton-era Democratic Party, including Franklin Raines, Jamie Gorelick, Jim Johnson and current Rep. Rahm Emanuel.

Collectively, they and others made well more than $100 million from Fannie and Freddie, whose books were cooked Enron-style during the late 1990s and early 2000s to ensure executives got their massive bonuses.

They got the bonuses. You get the bill.”

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

 

Analysis: Washington’s Trillion Dollar Wall Street Bailout

James Pethokoukis

“…Is a bailout necessary?
Look, the financial system probably couldn’t take another week like the one we just went through. Stocks plunging, credit markets freezing. As economist Robert Brusca puts it, “The proposed US government rescue plan comes at the end of a week of almost unprecedented turmoil on world financial markets amid a crisis of confidence in banks.”

The government had to get ahead of the curve and quit reacting on a case-by-case basis. If you look at banking crises in Japan and Sweden, for instance, all roads eventually led to a government bailout with taxpayer money at risk. The rule in these cases seems to be the sooner, the better. If you want more evidence, markets around the world and here in the United States are soaring on this news. Strategist Richard Bernstein of Merrill Lynch, in a research note, says the bailout plan is “an opportunity for the government to solve the on-going problems through one system-wide solution.” …”

“…As long as we have markets and humans there will be bubbles, whether in stocks, homes, Beanie Babies, tulips, or whatever. But as far as the housing/credit bubbles go, I think it could have been avoided. Alan Greenspan cut rates too low and left them there for too long, creating an extreme financial situation that Wall Street tried to profit from. Uncle Sam also fed into that market distortion by making greater homeownership a national goal, using both tax policy and the regulation like the Community Reinvestment Act to, essentially, push capital into homes. And were regulators as tough as they could have been? Obviously not. …”

http://www.usnews.com/blogs/capital-commerce/2008/9/19/analysis-washingtons-trillion-dollar-wall-street-bailout.html

 

More on the diversity racket and the home loan debacle

By Michelle Malkin  

 

“…Referencing my column yesterday on illegal immigration and the mortgage mess, Hans Bader at Open Market shares his experience. I’ve been getting a lot of e-mails with similar stories. Tip of the iceberg:

When I and my wife, a legal alien, bought our house, the mortgage company told me that if my wife were an illegal alien, rather than legal, we would have qualified for certain loan programs with big banks. But because she was a legal alien waiting for her green-card (which she had recently applied for), we didn’t qualify.

Mark Krikorian, an activist against illegal immigration, argues that “we’re in this mess, ultimately, because our political elites thought it was good social policy to encourage banks to give mortgages to uncreditworthy people, resulting in what Sailer months ago called the “Diversity Recession” (if this doesn’t work, make that the Diversity Depression). In other words, if poor people in general, or blacks or Hispanics in particular, were less likely to be approved for a mortgage, the only possible reason was racism or classism or whatever. Thus ‘creditworthiness’ was an illegitimate, dead-white-male concept, like middleclassness. Because, after all, isn’t everyone entitled to credit?” …”

 

The Mother of All Bailouts = The Death of Fiscal Conservatism 

“…Bush Treasury Secretary Hank Paulson just wrapped up his press conference announcing the Mother of All Bailouts. He said a “bold” approach was needed to achieve “stability” in the market.

Let me translate that.

“Bold” = Massively massive, taxpayer-funded rescue.

“Stability” = Privatizing profits and socializing losses on a scale we have never seen before in our lifetimes.

I have had it with Pollyanna conservatives who continue to parrot the “fundamentals of the market are great!” line.

The fundamentals of the market suck. The fundamentals of capitalism have been sabotaged.

Yes, yes, crony Democrats are to blame for much of how we got here. You don’t need to recite all the talking points back to me. I’ve been writing about the Fannie/Freddie debacle for years.

But it is September 19, 2008. And this is a Republican White House presiding over the Mother of All Bailouts. Every step along the way since stimuluspalooza began last summer, we’ve heard that every bailout step was just a one-off. Each step was supposed to calm the markets. Each new government intervention and allocation of taxpayer dollars was supposed to achieve “stability.” Each new package of goodies rewarding irresponsible behavior and bad financial decisions was supposed to prevent new ones. …”

http://michellemalkin.com/2008/09/19/the-mother-of-all-bailouts-the-death-of-fiscal-conservatism/

Chain of Blame: How Wall Street Caused the Mortgage Crisis.

 

Deconstructing the Subprime Crisis

 

Joseph Gyourko on Fannie, Freddie, and the Housing Bust

 

Franklin Allen on Past Crises

 

Franklin Allen on Lessons from the Subprime Crisis

 

Jeremy Siegel on the Resilience of American Finance

 

Richard Herring on Mortgage-backed Securities

Susan Wachter on Securitizations and Deregulation

 

Wall Street’s Day of Reckoning: The Fannie & Freddie Bailout

 

Housing Bailout For Deadbeats Gamblers Liars Thieves

 

 

Part 1 – Exposing Fannie Mae and Freddie Mac: Origins

New York Investing meetup organizer Daryl Montgomery discusses the origins of Fannie Mae and Freddie Mac in the first episode of a multi-part series. The New York Investing meetup is an organization of 1800 independent traders and investors that provides unbiased stock market education and analysis. We also have a blog,”The Helicopter Economics Investing Guide” which can be found at:

http://nyinvestingmeetup.blogspot.com

 

Part 2 – Exposing Fannie Mae and Freddie Mac: Origins

 

Part 3 – Exposing Fannie Mae and Freddie Mac: Origins

 

Part 4 – Exposing Fannie Mae and Freddie Mac: Origins

 

Part 5 – Exposing Fannie Mae and Freddie Mac: Origins

 

The Big Lie – The U.S. GDP Figures

 

Patrick Byrne and Don Harrold – Part One

 

Patrick Byrne and Don Harrold – Part Two

 

Patrick Byrne on Naked Short Selling

 

Bud Burrell on FSN about short selling, hedgefunds …P1

 

Bud Burrell on FSN about short selling, hedgefunds …P2

 

Bud Burrell on FSN about short selling, hedgefunds …P3

 

Bud Burrell on FSN about short selling, hedgefunds …P4

 

Bud Burrell on FSN about short selling, hedgefunds …P5

 

Bud Burrell on FSN about short selling, hedgefunds …P6

 

Rush On Franklin Raines

 

Hey Barack, Who’s Franklin Raines

 

LOL

Solution to Our Economic Problems…

 

Fannie Mae, Freddie Mac and Bill Clinton… 

 

Barack Obama is a freaking Socialist…

 

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