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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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To: airborne

Too big to fail!


21 posted on 03/19/2010 8:58:08 PM PDT by notaliberal
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To: tobyhill
In Brooklyn they renamed themselves New York Communities for Change.

ACORN will probably run out of money and fold by year’s end but a dozen ACORN state chapters reincorporated to seem like new, independent organizations will spring up in the next week to carry on ACORN’s business, a leaked email from ACORN’s online director suggests.

22 posted on 03/19/2010 8:58:46 PM PDT by smokingfrog (You can't ignore your boss and expect to keep your job... WWW.filipthishouse2010.com)
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To: tobyhill

I sure their “casual acquaintance” Obama will “deem” them a couple of hundred million from his private “stimulus” slush fund.


23 posted on 03/19/2010 8:59:10 PM PDT by TheClintons-STILLAnti-American
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To: tobyhill

God Bless those heroic “conservative activists”, otherwise known as true journalists doing what the “pros” at Reuters were too corrupt to do.


24 posted on 03/19/2010 9:00:40 PM PDT by Wpin (I do not regret my admiration for W)
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To: tobyhill

There are thousands of younger versions of Zero gaining their own valuable executive experience in race-baiting, grievance-grifting and law-skirting.
Obama will simply cut another piece from the white devils’ pies to ensure their continued existence as a festering boil on America’s backside.


25 posted on 03/19/2010 9:00:50 PM PDT by tumblindice (Americas Founding Fathers--armed conservatives)
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To: tobyhill
"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."

This is such incredibly encouraging news I can hardly believe it.

26 posted on 03/19/2010 9:01:27 PM PDT by TheClintons-STILLAnti-American
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To: tumblindice

In a sense I don’t blame them. I believe it was P.T. Barnum who said, “there’s a sucker born every minute.” He was right. the race-baiters and grievance-grifters get away with their trade because we have libs who are suckers and a whole lot of people in the middle who simply don’t want trouble (from either the race-baiters or the aforementioned libs). As long as we don’t have the stones to say, “we’re going to have a COMPLETELY color-blind society” and STICK to it when the “diversity” howls about needing special privileges, this will never, ever end.

I said it on day one: OBAMA IS THE REPARATIONS PRESIDENT. The sad thing is, it’s only possible because we’ve been humoring the Dems and their supporters for too long. EVERYTHING the Dems have done since 1963 has been about “reparations” — because “whitey” will never stop owing the poor black folks. Ever.

Suckers.

At least, not until enough people have the stones to say, “’eff you in the eye. We don’t give a damn if you’re black; carry your water like everyone else.”


27 posted on 03/19/2010 9:10:06 PM PDT by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda machine.)
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To: tobyhill

Well, there’s a small smile amidst the infuriating news.

I literally hate Pelosi, Reid, Clyburn, Hoyer, and most especially Obama.


28 posted on 03/19/2010 9:10:16 PM PDT by ElenaM
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To: TheClintons-STILLAnti-American

It’s good news, just don’t think these rats won’t be back in the game under different names before long, with their snouts right back in the gov’t trough.


29 posted on 03/19/2010 9:11:10 PM PDT by bigbob
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To: Drango

No problem. They will soon be back at the tits of congress...


30 posted on 03/19/2010 9:11:21 PM PDT by ColdWater ("The theory of evolution really has no bearing on what I'm trying to accomplish with FR anyway. ")
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To: tobyhill

Lies, damn lies and fellow travelers known as reporters. Disinformation to distract us from their evil.


31 posted on 03/19/2010 9:15:11 PM PDT by A Strict Constructionist (The Constitution is the issue, other issues are small potatoes. If we fail none will matter.)
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To: tobyhill

Oh no!

Where will pimps and hoes go when they want to dodge their taxes?


32 posted on 03/19/2010 9:17:06 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: tobyhill; All

This article posted today:

Obama Administration Restores Full Funding to Corrupt ACORN Org.

http://www.freerepublic.com/focus/f-bloggers/2475055/posts


33 posted on 03/19/2010 9:23:45 PM PDT by Whenifhow
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To: tobyhill
And we owe it all to...

Thank you, and thank you Breitbart!

34 posted on 03/19/2010 9:26:47 PM PDT by Reagan is King (Every immigrant who comes here should be required within five years to learn English or leave.)
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To: tobyhill

No problem, Jack Squat Barry to the rescue......with OUR taxpayer dollars in tow.


35 posted on 03/19/2010 9:26:51 PM PDT by cranked
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To: tobyhill

ACORN on verge of bankruptcy

Good.


36 posted on 03/19/2010 9:27:00 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: Jet Jaguar
This report is in contradiction to an earlier report regarding a reinstatement of ACORN funding from the Obama.

Why? They may be going bankrupt, and yet still take in new funds from the government.

Look at GM, Chrysler, Big Banks, Wall Street.

37 posted on 03/19/2010 9:32:45 PM PDT by UCANSEE2
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To: tobyhill

38 posted on 03/19/2010 9:36:46 PM PDT by yooling ( FUBO)
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To: Jet Jaguar

Issa will be on top of this. He is responsible for uncovering ACORN ops.


39 posted on 03/20/2010 5:37:05 AM PDT by stephenjohnbanker (Support our troops, and vote out the RINOS)
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