Obama-ACORN Root Causes of Mortgage Crisis?

EconomicPolicyJournal.com ^

[Kozman]

A Republican front organization, AmeriPac, is sending an email out linking Barack Obama to the mortgage crisis. The email is a bit of a stretch, but not a complete stretch. The mortgage crisis was chiefly caused by the easy money printed by the Federal Reserve during the Alan Greenspan era and the early-Ben Bernanke era, and by the econometricians who used faulty equations to justify the financing of sub-prime mortgages. That said, the banking industry's heavy focus on sub-prime mortgages was also influenced by heavy lobbying pressure by left wing groups to provide mortgages to minorities and the poor. Chief among the agitating groups, ACORN, which is an extremely powerful group that the general public has little awareness of.

Obama has ties to ACORN as a "leadership" teacher for the organization, and he seems to keep an eye out to ensure that funding heads their way whenever he is in a position to influence such funding...

[Jeff Head]

OBAMA IS IMPLICATED IN THE FINANCIAL CRISIS

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES


I'M VOTING FOR SARAH

[usconservative]

Between 1995 nad 1998, Obama helped ACORN sued banks in the Chicago area to force them to commit loans to "subprime" borrowers. This was well known and documented by the Chicago Sun Times last summer, and I have that information posted on my blog, NoBamaNation

[savedbygrace]

IMO, this is the issue that can sink Obama, especially right now. If Team McCain would push this connection, he could win handily.

IMO.

[arbee4bush]

Obama-ACORN Root Causes of Mortgage Crisis?

You Betcha!!

[igoramus08]

Audio Unearthed: Sub Prime Mortgages what Obama says - http://www.hillaryclintonforum.net/discussion/showthread.php?t=33826, http://www.barackobama.com/2007/09/17/remarks_of_senator_barack_obam_24.php

“Subprime lending started off as a good idea”
Sen Obama, it was not a “good idea” to train and fund ACORN, when they lobbied the CRA for these risky loans and when they intimidated banks to make these risky loans
It was not a “good idea” because these risky loans are the root cause of this Economic Crisis
Obama’s “good idea”... just cost taxpayers $700 Billion
Can you afford to pay for more these “good ideas”?

[unspun]

That was the goal of Saul Alinsky. That is the Cloward-Piven Strategy apparently of Frank Marshall Davis, Khalid Abdullah Tariq al-Mansour, ACORN, William Ayers, Bernardine Dohrn, et. al., who have played such essential roles in the development of both the private and public Barack Obama.

James Simpson, a former White House economist, has just published "Barack Obama & the Strategy of Manufactured Crisis" - on AmericanThinker.com at http://www.americanthinker.com/ 2008/09/barack_obama_and_the_strategy.html

Listen to this Interview of James Simpson, by Sandy Rios, Tuesday 9/30 - WYLL 1160AM, Chicago, IL
From http://www.culturecampaign.com/culturecorner.aspx

Further documentation connecting the dots of all the neo-Marxists who have invested in the development of Barack Obama may be found on discoverthenetworks.org

Simpson documents his research in his article, providing Web links. He provides a rough flow chart.

"CHANGE"

Let's change things for these anti-American Marxists.

Give everyone in America a new vocabulary term: the Cloward-Piven Strategy.

[tessalu]

I have been a “Community Organizer”, and one thing that they do learn first, is how to get grants from the Federal Government.

[tessalu]

I have been a “Community Organizer”, and one thing that they do learn first, is how to get grants from the Federal Government.

[Prophet in the wilderness]

I thank GOD for Jim Robinson and Free Republic.
months ago I told my mom about the truth about Obama and William Ayers and now Sean Hannity's America is on and now my mom see's of what I have been telling her is all true.

[FocusNexus]

Foxnews had a special, it will be repeasted in about 20 min at 10 pm EDT, that goes into the causes, it’s quite eye-opening. Anyone who can, should watch it and hopefully FoxNews will also post the video. IT shows that it really IS the Democrats fault that we got here, and that the Bush administration and Republicans in Congress tried to take action, when it would have prevented all this as far back as 2001.

Saving Our Economy: What’$ Next?

http://www.foxnews.com/story/0,2933,432522,00.html

Saturday, October 4 at 8 p.m. ET
Sunday, October 5 at 10 p.m. ET

Hosted by David Asman

The economic crisis of the century. Our entire nation at risk. Who’s to blame and how do we fix it? FOX News Channel teams up with FOX Business Network for an in-depth investigation into how we got here, the questions facing Washington’s bailout plan and the how the disaster impacts the agenda of the next president.

[Prophet in the wilderness]

" IMO, this is the issue that can sink Obama, especially right now. If Team McCain would push this connection, he could win handily. "

If the McCain/Palin campaign does not push this issue to the American public and make the truth loud and clear, than, it's up to the 527s and us to do it.
The Presidential election to the Obama campaign, the Main Stream Media, and all the leftist groups is just a fake front to bring about a Marxist/Communist coup revolution to this country.... there, I said it... The Obama Campaign is just a fake front to bring about a political coup to this country with the US Presidential election as a bogus front to fool the people.

[shield]

Oh please........DON’T FORGET GEORGE SOROS....

[miele man]

bookmark

[HollyB]

I just saw Huckabee on Fox news. He said “There is an extroardinary scandal being uncovered about what ‘Acorn’ did with that money and I think there are going to be some very serious revelations coming out in the next few weeks.

[judsonlegacy]

A few years ago, radio was teeming with mortgage commercials and my phone was ringing off the hook with pitchmen trying to sign me up for a mortgage.

I was pretty sure there was NO WAY I was going to qualify for a mortgage. One guy was SURE he could get me a mortgage and I figured I would prove he was wrong (and I was right).

He pulled my credit and, sure enough, I was right. Actually he could have gotten me funded with my credit score but my income was so low even he couldn’t get me a mortgage.

His smug, sure attitude got my attention and I realized that lending criteria must have gone in the tank, but until recently I didn’t realize just how lax the standards had become.

[judsonlegacy]

Thanks for the tip, I still have 25 minutes before it’s on.

[Don@VB]

McCain has an uphill battle and may not prevail. That said, he (and we) have a moral obligation to at least make sure every voter is aware of ACORN and Obama’s ties to the mortgage crisis. This issue alone disqualifies him from any position of responsibility.

[Don@VB]

McCain has an uphill battle and may not prevail. That said, he (and we) have a moral obligation to at least make sure every voter is aware of ACORN and Obama’s ties to the mortgage crisis. This issue alone disqualifies him from any position of responsibility.