I’m glad someone around here does. The sad fact is, in this counrty corporations, especially those in the debt building business, have run amuck for far too long with loose lending practices. Blame can be laid in a lot of places including the Republican party. The result is an uneven and unnessecary backlash against decent people who legitamitely need financial relief. It’s not like they aren’t punished for it.
He wants to bail out ACORN!!!
An ACORN falls from the tree
Ken Blackwell
As negotiations over Congress’s emergency rescue bill continued this week, repeated rumors leaked out that the Democrats were trying to funnel money to a hyper-partisan organization involved in criminal voter fraud.
I’m speaking of the Association of Community Organizations for Reform Now - known by its acronym, ACORN.
Although ACORN was cut from the final legislation, it’s important to understand this organization and its long history with, of all people, Barack Obama. And it’s important to see how partisan this emergency legislation has become.
As the week progressed, reports were constantly emerging of the sticking points preventing a final agreement. One of these reputed points of contention was whether 20 percent of the profit proceedings for asset sales in the future would go to what is called the Housing Trust Fund, subsidizing certain groups for ostensibly nonpartisan activity. One of these groups that this trust supports is ACORN.
http://www.timesgazette.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=157602&TM=38260.75
The sad fact is, in this counrty corporations, especially those in the debt building business, have run amuck for far too long with loose lending practices.
Jimmah Carter started this all in 1977 with the CRA=Community Redevelopment Act.
Then Clinton, Henry Cisneros, and Reno put it on the fast track with steroids. Reno declared she would sue banks all over the country on the grounds of “discrimination” if they didn’t loan to the “POOR PEOPLE” so they could also “enjoy” the thrill of home ownership. Banks would have had millions tied up in litigation.
Qualifying “income” included WELFARE and FOOD STAMPS!!!!
Put the blame where it needs to be— Carter, Reno, B Clinton & Cisneros.
Don’t forget the other stellar activities of Reno- she sent the Gonsalez kid back to Cuba and she burned down Koresch at Waco. Neither action was appropriate, IMO.