O'S DANGEROUS PALS; BARACK'S 'ORGANIZER' BUDS PUSHED FOR BAD MORTGAGES

NY POST ^ | 9/29/08 | STANLEY KURTZ

[Liz]

ACORN trying to get a cut of the $700B financial-market-rescue bill.

--SNIP--It would be tough to find an "on the ground" community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama. When Obama was just a budding community organizer in Chicago, Talbott was so impressed that she asked him to train her personal staff.

He returned to Chicago in the early '90s, just as Talbott was starting her pressure campaign on local banks. Chicago ACORN sought out Obama's legal services for a "motor voter" case and partnered with him on his 1992 "Project VOTE" registration drive.

In those years, he also conducted leadership-training seminars for ACORN's up-and-coming organizers. That is, Obama was training the army of ACORN organizers who participated in Madeline Talbott's drive against Chicago's banks.

More than that, Obama was funding them. As he rose to a leadership role at Chicago's Woods Fund, he became the most powerful voice on the foundation's board for supporting ACORN and other community organizers. In 1995, the Woods Fund substantially expanded its funding of community organizers - and Obama chaired the committee that urged and managed the shift......the Obama-supervised Woods Fund report ac knowledges the problem of getting donors and foundations to contribute to radical groups like ACORN - whose confrontational tactics often scare off even liberal donors and foundations.

Indeed, the report brags about pulling the wool over the public's eye. The Woods Fund's claim to be "nonideological," it says, has "enabled the Trustees to make grants to organizations that use confrontational tactics against the business and government 'establishments' without undue risk of being criticized for partisanship."

[Darkwolf377]

the report brags about pulling the wool over the public's eye.

What's fascinating about the current financial crisis is that Obama's supporters all still believe that, once he gets into office, they will benefit from this massive federal gravy train.

Either they will be sorely disappointed, or we will see tax hikes like you wouldn't believe.

[Skooz]

B-U-M-P everyone’s accusing me

[livius]

Good article with lots of details. McCain needs to hammer this.

[FreedomPoster]

Ping

[Ann Archy]

ACORN also specializes in VOTE FRAUD and many, many of their workers have been found guilty in many, many cities.....Seattle being the latest. They are a FULL SERVICE Community ORganizer!

[Ann Archy]

Rioting is right around the corner!!

[igoramus08]

Thank you Dr. Kurtz.

“The Woods Fund report makes it clear Obama was fully aware of the intimidation tactics used by ACORN’s Madeline Talbott in her pioneering efforts to force banks to suspend their usual credit standards. Yet he supported Talbott in every conceivable way. He trained her personal staff and other aspiring ACORN leaders, he consulted with her extensively, and he arranged a major boost in foundation funding for her efforts.”

BOTTOM LINE:
* Obama’s “community organizer” buddies ACORN, whom Obama for years trained, represent as a lawyer and funded via CAC and Woods Fund, just cost taxpayers $700 Billion
* “Obama was fully aware of the intimidation tactics used... to force banks to suspend their usual credit standards”
* Obama is responsible for this Economic Crisis

We want a 9-11 Type Commission to stop this from happening again, and an Apology to Taxpayers from Obama for this $700 Billion screwup.

[ballplayer]

Move along , Nothing to see here . This is according to the McCain Campaign ,dont want to upset anyones sensibilities

[raybbr]

[ballplayer]

Ha Ha Ha Ha Ha !!!!!!!!!!!!! McCain call the left wing Marxist what he is ? Ha Ha Ha HA

[samtheman]

McCain needs to hammer this.

[randita]

I think McCain decided not to use this situation for political gain until a bill could be negotiated. I think that was wise because whatever he said would be dismissed as political posturing.

But now that the bill is practically a fait accompli, McCain has no rationale for not coming out firing with both barrels. I will be very disappointed if he does not.

[Liz]

What he mean to say-—LOL.

[dennisw]

Madeline Talbott ..... I’ve heard of her and ACORN

[mojito]

Stanley Kurtz has been a voice in the wilderness, providing the detailed expose of Obama’s radical past that the MSM prefers to ignore.

This weekend I had dinner with a liberal but moderate professor of economics, an Ivy League Phd, who is also a committed Christian. He should be considered a well-informed man. Over the course of the evening, I explained the theology of Obama’s church, his ties to Bill Ayers, the Weather Underground and the Annenberg Challenge, and his ties to ACORN and Alinsky-style radicalism.

This man was astonished. He had never heard any of this. Particularly shocking to him was the fact that Rules for Radicals was dedicated to Lucifer. I don't know if I changed his mind about voting for Obama, but he was clearly shaken.

If this man was so ignorant of Obama’s past, imagine the level of ignorance in the voting population at large.

I am frightened for our Republic should this nasty crypto-commie thug become our President. He has applied every rule in the satanic Alinksy book to achieve power. He truly is the Manchurian Candidate.

I pray that this man's evil is exposed in time to prevent disaster for our nation.

[Liz]

I had dinner with a liberal but moderate professor of economics, an Ivy League Phd, who is also a committed Christian. He should be considered a well-informed man..... I explained the theology of Obama’s church, his ties to Bill Ayers, the Weather Underground and the Annenberg Challenge, and his ties to ACORN and Alinsky-style radicalism. This man was astonished. He had never heard any of this. Particularly shocking was that Rules for Radicals was dedicated to Lucifer. If this man was so ignorant of Obama’s past, imagine the level of ignorance in the voting population at large.

Thanks for the realime input........the MSM won't uncover this no way.

The prof needs to log on to the i-net----he'll learn a lot.

[MichaelAsher54]

Penetrating Insights into the Obvious

[Liz]

Learned at the knee of the master——Rev Jesse, I gather.

[FreeRadical]

A bump to the top with another little snippet of the love and joy:

And Talbott continued her effort to, as she put it, drag banks "kicking and screaming" into high-risk loans. A September 1993 story in The Chicago Sun-Times presents her as the leader of an initiative in which five area financial institutions (including two of her former targets, now plainly cowed - Bell Federal Savings and Avondale Federal Savings) were "participating in a $55 million national pilot program with affordable-housing group ACORN to make mortgages for low- and moderate-income people with troubled credit histories."

What made this program different from others, the paper added, was the participation of Fannie Mae - which had agreed to buy up the loans. "If this pilot program works," crowed Talbott, "it will send a message to the lending community that it's OK to make these kind of loans."

Well, the pilot program "worked," and Fannie Mae's message that risky loans to minorities were "OK" was sent. The rest is financial-meltdown history.

IT would be tough to find an "on the ground" community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.