2005 Houston Chronicle pic depicting Perry as an advocate for
"affordable housing," and "lending law reform" (read sub-prime defaults).
REFERENCE Federal government grants to ACORN---2003-2006:
<><> Dept of Housing and Urban Development: $8.2 million between 2003 and 2006; $1.6 million to ACORN affiliates.
<><> EPA $100,000 grant to ACORN in 2004 for a Louisiana Justice Project, which removed lead from the homes of low income families.
<><> Justice Dept grant in 2005 for a juvenile delinquency program.
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According to later research, 40% of ACORN's operations were found to be funded through numerous grants it receives from various governmental entities. ACORN also receives funding from a variety of tax-exempt private charitable organizations: the Bauman Family Foundation, George Soros' Open Society Institute, the Charles Stewart Mott Foundation and from corporate foundations, including JP Morgan Chase Foundation, Ben & Jerry's foundation, Bank of America Charitable Foundation, and Citigroup, as well as the Bill and Melinda Gates Foundation, the Ford Foundation, and tax-exempt foundations affiliated with the founder of UPS.
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Senate Finance Committee Study (led by Sen Charles Grassley)
ACORN comprises a mind-boggling 94 different affiliates, that amounts to "a big shell game," a biting Senate Finance Committee study shows.
The study, by the staff of Sen Charles Grassley (R-Iowa), reveals four ACORN charity groups give more than half their revenue to taxable entities that engage in "impermissible lobbying and political activity."
ACORN and it’s subsidiaries for decades have moved taxpayer money into their own pockets and into the left-wing Marxist machine.
Sen Charles Grassley's documents show leaders of ACORN community groups transferred several million dollars in charitable and government money-----meant for the poor---- to parts of the group that have political (and sometimes profit-making) missions.
Sen Grassley's documents indicate that ACORN's tax-exempt groups----along with its tangled web of allied organizations---- used more than half their charitable and public money in 2006 to pay other ACORN affiliates.
ACORN also appears to have been involved in improper use of pension funds ..... some of the founder Rathke's embezzlment was apparently taken from the pension fund using ACORN's American Express card.
This displacement of funding led to the creation of a complex repayment system in which accused embezzler Dale Rathke owed ACORN, and ACORN in turn, owed ABA, which, for its part, wrote off part of the money. (Excerpt) Read more at spectator.org ........
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Perry endorsed 2008 prez candidate Rudy Giuliani (RINO ex-Dem who is persona non grata on FR).