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Liberal Billionaire Bankers Herb and Marion Sandler Paid ACORN to Hurt Wells Fargo
American Spectator blog ^ | June 2, 2011 | Matthew Vadum

Posted on 06/02/2011 4:25:02 PM PDT by vadum

Subprime mortgage hucksters Herb and Marion Sandler, who founded World Savings Bank, paid ACORN $11 million.

In an incredible non-coincidence ACORN stirred up trouble for the left-wing couple's competition, Wells Fargo.

ACORN demonstrated against Wells Fargo and issued slanted studies attacking Wells Fargo. The Sandlers also used their front group, the so-called Center for Responsible Lending, to smear their competition. Ultimately Wachovia committed suicide when it purchased the Sandlers' shaky mortgage portfolio. The Sandlers even made it onto Time magazine's "25 People to Blame for the Financial Crisis" list.

That's what I wrote in my new book Subversion Inc: How Obama's ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers and that's what I talked about on Michael Savage's radio show ("The Savage Nation") last night.

Here is a video of the interview: http://youtu.be/W8NpIZItKmM

I said the same thing on Neil Cavuto's Fox TV show two years ago and an ACORN spokesman and I yelled at each other much to the consternation of fill-in host Alexis Glick. The verbal brawl did help to flesh out the issues, though.

Back then nobody in the mainstream media followed up on the story. They must have still been high on the fumes of Obamamania back then.

Watch the Fox video: http://youtu.be/zOGIoHyLsuU

I wrote the book because America needs to know that ACORN is restructuring in time to help re-elect President Obama in 2012. Obama used to work for ACORN and represented the group in court as its lawyer. These radical leftists who use the brutal, in-your-face, Machiavellian pressure tactics of Saul Alinsky want to destroy America as we know it and will use any means to do it.

Follow me on Twitter

(Excerpt) Read more at spectator.org ...


TOPICS: Business/Economy; Conspiracy; Politics
KEYWORDS: acorn; alinsky; debt; default; economy; government; obama; subversioninc

1 posted on 06/02/2011 4:25:11 PM PDT by vadum
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To: vadum

Yes, Saturday Night Live did a great spoof on this that was removed in record time.


2 posted on 06/02/2011 4:30:18 PM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: vadum

But the Left foams at the mouth when the Koch brothers fund conservative election campaigns. What a bunch of evil hypocrites.


3 posted on 06/02/2011 4:34:08 PM PDT by kittymyrib
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To: vadum

Why aren’t they in jail?


4 posted on 06/02/2011 4:36:54 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: freekitty

Fraud, if that’s what it was, is very hard to prove.


5 posted on 06/02/2011 4:48:13 PM PDT by vadum
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To: vadum

No doubt they helped bring Wells Fargo down, but WF left themselves wide open and their corporate weakness, outright greed and sloppy bookkeeping is what helped bring them down. Sames goes for Wachovia, and especially for WAMU.

Yes, go after the exploiters, but do not pity the exploited...


6 posted on 06/02/2011 4:56:28 PM PDT by Bean Counter (Your what hurts??)
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To: vadum

What’s ACORN calling itself these days


7 posted on 06/02/2011 5:00:58 PM PDT by STD ('Be Ye holy, for I am holy')
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To: STD

Many things. Too hard to explain here. Get the book. It’s good!


8 posted on 06/02/2011 5:10:47 PM PDT by vadum
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To: CPT Clay
The banned SNL skit lives. Once uploaded, always uploaded!
9 posted on 06/02/2011 5:24:57 PM PDT by 6SJ7 (atlasShruggedInd = TRUE)
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To: 6SJ7

Yeah!


10 posted on 06/02/2011 5:55:41 PM PDT by vadum
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To: vadum

They personally bankrupted Wachovia and made billions selling to them.


11 posted on 06/02/2011 6:00:03 PM PDT by scooby321
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To: vadum

More rich conservatives. [Little irony and sarcasm there.]


12 posted on 06/02/2011 6:00:03 PM PDT by familyop (Shut up, and eat your brains!)
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To: 6SJ7

THANK YOU for posting that link!


13 posted on 06/02/2011 6:00:16 PM PDT by Tainan (Cogito Ergo Conservitus.)
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To: vadum

Great stuff Matthew.


14 posted on 06/02/2011 6:42:14 PM PDT by WashingtonSource
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To: 6SJ7

Thanks, You are the Best!


15 posted on 06/03/2011 8:12:18 PM PDT by CPT Clay (Pick up your weapon and follow me.)
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