“Grants would be given to qualified nonprofit organizations, businesses or consortia of eligible entities for the redevelopment of abandoned and foreclosed-upon properties and for the stabilization of affected neighborhoods.
He wants to re-build Detroit. This is the “stash” that black woman was talking about when she said he would pay her mortgage. She would fall under “consortia of eligible entities”.
I am well aware that this nothing new and may be a century or more old, but when did the constitutional roles described in Articles I and II get reversed? The President writes legislation which is then validated by the Legislature??
its just more crony-ism. All the spending goes to his backers and friends
Of course billions will all go to the Communist front groups.
America must be destroyed before the next election.
I can see the new USSA from my front porch....
Thank God, I am far away.
Are these guys shoats? Or is that just younger little piggies. See how surprised the one seems to be looking at the slops ~ like he expects his mommy or something. The comparison with ACORN and its clones breaks down ~ they’re all heavy duty tuskers like this dude: http://clawclawbite.com/wp-content/uploads/2010/07/burrowing_boar.jpg
Connecting dots:
With no legal papers to establish ownership (mortgage securitization process transferred no titles, no note documentation, an industry wide practice), the govt has “possession” of formerly private US property available with no legal claimants for the purpose of redistribution in the original social justice plan dating to the Community Reinvestment Act of 1977.
This current “jobs” bill dedicates $16T to the renamed ACORN for redistribution of property in cities all over the US, and especially large cities and especially in NY, FL, NV, CA. The use of subprime mortgages, loss of jobs to enhance the foreclosure process with destruction of the legal standing of private property, makes the redistribution of property from a centrally controlled govt possible. The result is Marxists in ecstacy.
The key tool for use is the destruction of the legal standing of property via the securitization process (no title transfers, no notes)in order for the govt to get control of private property for redistribution with the foreclosure and abandonment of property.
The banks got full payment on the first securitization sale, and then the original properties were sold worldwide in as many as a couple of hundred times within tranches of collateralized (mortgage) debt obligation derivatives with ratings of triple A, with the new “owners” with no legal standing in a US fed court for foreclose and actually “owning” unsecured derivatives. Big Ponzi scheme of fraud. Then the govt forces the taxpayers, losing jobs, wealth, to pay for the redistribution of the “stolen” private property to jobless poor people who do not pay taxes in the first place.
Just in Time to put boots on the ground for jis campaign. It just never ends!
ACORN = child prostitution
No wonder the US Congress and the White House
(supporter of Islamic slavery and child rape)
are wild to support ACORN.
They should all be indicted for misprision of felony.
Every single one.
But there is every reason to believe ACORN, which has long been in the real estate development business, will get a chunk of the $15 billion. President Obama, who used to work for ACORN, wants to give his allies taxpayer dollars regardless of whether it is lawful to do so.Well well. I guess Barry did read some History in college after all -- The USSR's version of the Battle of Stalingrad (you know, part of that 'Great Patriotic War' thing).
If you're persistent enough, no matter the body count, you just may 'win' in the end.
bflr
OMG!! ACORN Parasites rise again!!