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Rescuing ACORN
Investor's Business Daily ^ | September 26, 2008

Posted on 09/27/2008 9:05:10 PM PDT by Clintonfatigued

Democrats want to use profits from the bailout as a slush fund for liberal activist groups, even those involved in vote fraud to help elect Barack Obama.

Prior financial bailouts, or "rescues," such as those involving savings and loan failures, and Chrysler, have over time actually made money for the government. It may be the case here as well, as assets bought by the government at bargain prices return to marketable values and are auctioned off.

One of the sticking points in resolving the crisis was a poison pill in the Dodd/Paulson compromise that would move 20% of profits from the bailout into the Housing Trust Fund, a slush fund for political action groups such as ACORN (the Association of Community Organizations for Reform Now) and the National Council of La Raza.

Sen. Lindsey Graham told Greta Van Susteren of Fox News that Democrats had other priorities than just solving this crisis: "And this deal that's on the table now is not a very good deal. Twenty percent of the money that should go to retire debt that will be created to solve this problem winds up in a housing organization called ACORN that is an absolute ill-run enterprise, and I can't believe we would take money away from debt retirement to put it in a housing program that doesn't work."

Groups such as ACORN and La Raza lobby to secure government-funded services for their members and seek to move them to the voting booth. The housing bill President Bush signed in July contained a similar funding mechanism for the HTF — a tax on mortgages backed by Fannie Mae and Freddie Mac.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Crime/Corruption; Editorial; Extended News
KEYWORDS: 2008; acorn; acornslushfund; bailout; democrat; democrats; election; electionpresident; elections; rottenacorndotcom; votefraud; voterfraud
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1 posted on 09/27/2008 9:05:10 PM PDT by Clintonfatigued
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To: Clintonfatigued

More! more!


2 posted on 09/27/2008 9:06:11 PM PDT by dr_who
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To: fieldmarshaldj; Impy; greyfoxx39; AuntB

http://www.bbc.co.uk/london/content/images/2006/09/26/david_element_acorn_440x330.jpg


3 posted on 09/27/2008 9:07:07 PM PDT by Clintonfatigued (If Islam conquers the world, the Earth will be at peace because the human race will be killed off.)
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To: Clintonfatigued

Looks like it’s starting to leak out everywhere now. Good.

Now the word needs to get out that ACORN caused this mess, and that Obama was a liar for hire for ACORN.


4 posted on 09/27/2008 9:07:36 PM PDT by SlowBoat407 (Obama will give us enough hope to hang ourselves.)
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To: metmom; wintertime; dr_who; cripplecreek; neverdem; Norman Bates; JulieRNR21

If Obama once worked for ACORN, than the McCain campaign needs to make an issue of it.


5 posted on 09/27/2008 9:08:53 PM PDT by Clintonfatigued (If Islam conquers the world, the Earth will be at peace because the human race will be killed off.)
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To: SlowBoat407

liar for hire

lolololololol


6 posted on 09/27/2008 9:09:34 PM PDT by meanie monster
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To: Clintonfatigued

Just like the dems did about Haliburton and Cheney. (IIRC)


7 posted on 09/27/2008 9:10:10 PM PDT by metmom (Welfare was never meant to be a career choice.)
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To: Clintonfatigued

Damn straight!


8 posted on 09/27/2008 9:11:20 PM PDT by dr_who
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To: Clintonfatigued

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES

9 posted on 09/27/2008 9:14:12 PM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Clintonfatigued
He was a "trainer" for ACORN. That is where he got what he told his supporters the other about arguing with people and getting in their face--I am sure this is an ACORN tactic. This Marxist is a street con man/fighter in Brooks Brothers' suits.

EVERONE PLEASE CALL AND EMAIL YOUR SENATORS AND CONGRESSCRITTERS TO TELL them no bailout plan until Dems quit demonizing John McCain and quit trying to give oversight to Frank, Dodd, and others guilty of former malfeisance.

Barry Goldwater said today on Cavuto--"Frank, Pelosi, Dodd-dumb, dumber, dumbest. " Also gave this Mark Twain quote"Never let your dog watch your food or Congress watcch your money."ABSOLUTELY NO MONEY FOR THEIR PET SOCIAL ENGINEERING SLUSH FUND.!!!!!

I am appalled that Bush let the other funding pass. I am sorry, but I do not believe the man has a clue. He thinks these DC Dems are the same calibre as his TX Dems that he worked with, but they are another kind of animal

vaudine

10 posted on 09/27/2008 9:25:48 PM PDT by vaudine (RO)
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To: Clintonfatigued

>”These are taxpayer funds, in an indirect method, being used to subsidize political activism,” says Rep. Jeb Hensarling, a Texas Republican and chairman of the conservative House Republican Study Committee. “I’m sure they’re not going out and registering any Republicans.”

si.


11 posted on 09/27/2008 9:26:09 PM PDT by ken21 (people die and you never hear from them again.)
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To: Clintonfatigued
I agree that the McCain campaign needs to make an issue of this.

But, if the House Republicans can actually salvage this "bailout," they'll be forced to accept this handout as "compromise."

12 posted on 09/27/2008 9:26:15 PM PDT by HoosierHawk
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To: Clintonfatigued
Speaking of chicanery....

Senator Hides His Sweet Deals When Will He Release Records?

Mentions that LA grand jury....

13 posted on 09/27/2008 9:26:56 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: Clintonfatigued

ACORN, if they get funded through this f#cking bailout, are going to be the equivalent of the brown shirts of the Nazis, and like South Africa’s communist ANC party thugs. They will turn into hit squads.

Barry will just tell them to get in your face.


14 posted on 09/27/2008 9:31:02 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: mewzilla; Cindy; backhoe; BurbankKarl

bump to your link.


15 posted on 09/27/2008 9:35:04 PM PDT by Jet Jaguar (Who would the terrorists vote for?)
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To: Jet Jaguar

Boy, I’m wondering if the Monday deadline isn’t more about grand jury activity than the markets.


16 posted on 09/27/2008 9:36:23 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: mewzilla; Jet Jaguar

BUMP to your link mewzilla and thanks for the ping Jet Jaguar.


17 posted on 09/27/2008 9:37:33 PM PDT by Cindy
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To: mewzilla

Well put.


18 posted on 09/27/2008 9:37:52 PM PDT by Jet Jaguar (Who would the terrorists vote for?)
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To: Clintonfatigued
Something is really starting to smell here. I am beginning to sense that the timing of this “crisis” was no accident.

After hearing that Paulson, and his operatives, emailed the House Republicans plan to Obama’s camp (according to Rush), I am wondering if Paulson (a known Democrat) did not conjure this whole mess as a political ploy to insure Obama’s election! Even if Paulson was not responsible for the leak of the Republican plan, he is still a Democrat, and as such taxpayers should still be highly suspicious.

The timing of this so called “crisis” is just too opportunistic for Democrats. I do think they have been surprised by the public outcry over their thievery (via the potential funds for ACORN, La Raza, & Urban League). I think they thought this would just sail past everyone like their institutionalized thievery has done in the past.

19 posted on 09/27/2008 9:38:34 PM PDT by singfreedom
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To: metmom
There is a HUGE difference in the reputable, highly competent company, Haliburton, and the rabble rousing, thieves and liars at ACORN!

I know what you are saying though, the tactics should be the same. We need to be careful, however, in drawing some sort of parity between Haliburton and ACORN.

20 posted on 09/27/2008 9:43:08 PM PDT by singfreedom
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