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Tonight we talked to someone who works in the federal courts here in Chicago. The buzz in those corridors is that federal prosecutor Patrick Fitzgerald has been leading a team of FBI investigators in 10 states working on a RICO case. Today, it was announced that ACORN is being investigated in 10 states. That’s one Hell of a coincidence. We asked why Fitzgerald would be involved in this, because he’s the prosecutor on the Tony Rezko case and we aren’t aware of ACORN being investigated in Illinois. We were told that ACORN was investigated in Illinois years ago, and it...

Boehner Calls for Defunding of ACORN Washington, Oct 9 - House Republican Leader John Boehner (R-OH) today issued the following statement following mounting allegations of voter registration fraud perpetrated by the left-wing group ACORN: “The latest allegations of voter registration fraud by ACORN are further evidence that this group cannot be trusted with another dollar of the taxpayers’ money. “Election cycle after election cycle, this organization has been at the forefront of breaking the law in order to promote their left-wing agenda. All the while, they have been the recipients of millions of dollars of federal funding through various federal...

A number of Republican House members and staff, along with others who are plugged in, are telling me that Nancy Pelosi and the Democrats will come back with a new bill that includes all the left-wing stuff that was scrubbed from the bill that was defeated today in the House. As this scenario goes, the House Democrats need 218 votes, and they have to pick up a number of black and Hispanic House members who jumped ship because the Wall Street provisions, in their view, were too benign. So things like the bankruptcy judges setting mortgage terms and rates, the...

As posted, bill includes what appears to be funding for ACORN. Link

Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late into the night Saturday trying to close an agreement on a multibillion-dollar government bailout of distressed financial companies. House Speaker Nancy Pelosi, D-Calif., told reporters "quite a bit" of progress was being made on a deal that Congress could send to President Bush as early as Monday after votes in both houses. A key sticking point was how to include a new government-sponsored insurance program demanded by House Republicans as an alternative to devoting the entire $700 billion buying up devalued...

Shocking..........

Earlier today, when House Republican leadership framed its opposition to the bailout bill as it currently stands, a principal objection focused on the group ACORN, which the e-mail alert called "the scandal-tarnished 'community organizing group'" -- with scare quotes in the original. They're referring to the Association of Community Organizations for Reform Now, a group generally allied with Democrats and derided by the GOP as corrupt, inefficient and a front-group for Democratic efforts on the ground. In issuing the statement, House leaders are reflecting -- and also feeding -- a reaction to the provision that has exploded in the last...

Democrats want to use profits from the bailout as a slush fund for liberal activist groups, even those involved in vote fraud to help elect Barack Obama. Prior financial bailouts, or "rescues," such as those involving savings and loan failures, and Chrysler, have over time actually made money for the government. It may be the case here as well, as assets bought by the government at bargain prices return to marketable values and are auctioned off. One of the sticking points in resolving the crisis was a poison pill in the Dodd/Paulson compromise that would move 20% of profits from...

ACORN Issue Fueling Bailout Opposition Sep 27, 2008(The Politico) Earlier today, when House Republican leadership framed its opposition to the bailout bill as it currently stands, a principal objection focused on the group ACORN, which the e-mail alert called "the scandal-tarnished 'community organizing group'" -- with scare quotes in the original. They're referring to the Association of Community Organizations for Reform Now, a group generally allied with Democrats and derided by the GOP as corrupt, inefficient and a front-group for Democratic efforts on the ground. In issuing the statement, House leaders are reflecting -- and also feeding -- a reaction...