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To: Liz

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.

The IRS has pinpointed N/Ps as the locus classicus for tax evasion and money laundering. The BIGGEST N/P fraud -— a N/P writing checks to another N/P. That’s how the “altruistic” siphon off money for other uses, tax-free. Bad enough they launder their own money——in ACORN’S case, this was OUR money.

You called it, Liz -—— Ping.


88 posted on 09/27/2009 9:23:09 AM PDT by GOPJ (UN mixing democracies & dictator's like mixing ice cream and shit-all of it stinks.(Steyn))
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To: GOPJ
The IRS has pinpointed N/Ps as the locus classicus for tax evasion and money laundering. The BIGGEST N/P fraud -— a N/P writing checks to another N/P. That’s how the “altruistic” siphon off money for other uses, tax-free. Bad enough they launder their own money——in ACORN’S case, this was OUR money.

Well, that's it. Every polemic in "Atlas Shrugged" is now vindicated in actual 21st century reality. Although I may continue to describe Ayn Rand as tedious, the essence of "Atlas Shrugged" will forever be "prophetic" and "disturbingly consistent with subsequent events"...

312 posted on 09/27/2009 1:46:03 PM PDT by no-s (B.L.O.A.T. everyday...because someday soon they won't be making any more...for you.)
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