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ACORN on verge of bankruptcy: report
reuters ^ | 3/19/2010 | Reuters

Posted on 03/19/2010 8:43:37 PM PDT by tobyhill

Citing two leaders of the group, the Times reported ACORN is suffering from "mismanagement along with a severe loss of government and membership funds."

The organization has been reeling since a secretly recorded YouTube.com video was disseminated last September showing ACORN workers giving advice on how to flout the law to two conservative activists who posed as a pimp and a prostitute.

Employees involved in the incidents in New York were fired from the organization but have been cleared of criminal prosecution.

Since September, at least half of ACORN's 30 chapters have disbanded, the Times said. The group's large New York and California chapters have set up fresh organizations.

Congress voted by wide margins to prohibit the federal government from funding ACORN and the Census Bureau ended its partnership with the group.

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


TOPICS: Extended News; News/Current Events
KEYWORDS: acorn; coi; seiu
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1 posted on 03/19/2010 8:43:37 PM PDT by tobyhill
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To: tobyhill

so sad..../n


2 posted on 03/19/2010 8:44:16 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Jet Jaguar

Ping


3 posted on 03/19/2010 8:45:21 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: tobyhill

drama to stir for donors.


4 posted on 03/19/2010 8:46:13 PM PDT by Tempest (I believe in the sanctity of life... As long as you can afford it.)
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To: tobyhill

5 posted on 03/19/2010 8:46:21 PM PDT by Paleo Conservative
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To: Army Air Corps; FlingWingFlyer; altair; stephenjohnbanker; little jeremiah; ~Kim4VRWC's~; ...
ACORN Ping

FReep mail me if you want on/off the list.


6 posted on 03/19/2010 8:47:27 PM PDT by Jet Jaguar (*)
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To: tobyhill

NO BAILOUTS FOR ACORN !


7 posted on 03/19/2010 8:47:29 PM PDT by American Constitutionalist (There is no civility in the way the Communist/Marxist want to destroy the USA)
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To: tobyhill

They will just re-emerge into another organization.


8 posted on 03/19/2010 8:47:32 PM PDT by Parley Baer
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To: tobyhill

I’m sure that pig Soros will fund them.


9 posted on 03/19/2010 8:47:38 PM PDT by rbosque (11 year Freeper! Combat Economist.)
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To: tobyhill

color me skeptical


10 posted on 03/19/2010 8:47:55 PM PDT by FourPeas (servantscenter.org -- Jesus' hands and feet on the streets serving those in need)
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To: tobyhill

I really just don’t believe this.

All they did was change into differently-named organizations. It might be true what’s left of ACORN may be low on funds, but the groups that have broken off from ACORN I am sure are still getting money under their new names.

Didn’t ACORN get like 5 billion+ from the stimulus slush fund?


11 posted on 03/19/2010 8:48:03 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: tobyhill

I read on biggovernment/bigjournalism that Obama has started funding them again.


12 posted on 03/19/2010 8:48:38 PM PDT by bronxville
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To: tobyhill

I’m suspicious... I think they plan to declare bankruptcy, then startup again under a new name, with all that stimulous money earmarked for community organizing.


13 posted on 03/19/2010 8:49:12 PM PDT by justsaynomore
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To: Nachum; Army Air Corps; stephenjohnbanker
This report is in contradiction to an earlier report regarding a reinstatement of ACORN funding from the Obama.
14 posted on 03/19/2010 8:50:20 PM PDT by Jet Jaguar (*)
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To: justsaynomore

COI


15 posted on 03/19/2010 8:50:56 PM PDT by Jet Jaguar (*)
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To: tobyhill
so what?

Bankruptcy just allows the rats to scatter and reorganize under a different not-for-profit umbrella.

It's all bullsh#t. Unless you have criminal prosecution and cut off ALL funding for these stupid groups then it's just a shell game.

We need to go to ZERO except for military and rebudget up from that point. Get rid of Education, National Endowment for the Arts, and about 1000 other little fiefdoms that have nothing to do but graft. Even the Army Corps of Engineers and the EPA need to be zeroed out. Everybody fired and then reapply for jobs.

16 posted on 03/19/2010 8:51:13 PM PDT by erman (TOFUS- representing all 58 states of these United States of America......As)
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Comment #17 Removed by Moderator

To: tobyhill

This is good, but not good enough. I want to see all Acorn MEMBERS bankrupt.

I’ve had it with the leeches, moochers, thieves, and Communists in this country. If I had my way, none of them would be able to feed themselves and the next winter would turn them to ice cubes.

“Carry your own water or die” is my new motto. Compassion is no longer in my vocabulary.


18 posted on 03/19/2010 8:53:14 PM PDT by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda machine.)
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To: Jet Jaguar
I didn't know prostitution rings and racketeers could file for bankruptcy, JJ.

I learn something new everyday...
19 posted on 03/19/2010 8:54:52 PM PDT by BIGLOOK (Keelhaul Congress!)
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To: tobyhill
I don't believe it.

There must be some massive embezzling going on.

20 posted on 03/19/2010 8:56:08 PM PDT by airborne ("Peace, Love, Dope" has now become "Hope, Change, Obama" !!!)
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