Monday, October 26, 2009
ACORN
What are the odds this thing gets to Chicago?
Are Andrew Breitbart and his Big Government blog, together with his two cub reporters, today's Washington Post, Woodward and Bernstein (in the making)?
Think about this.
5 Comments:
By 
, at
Mon Oct 26, 05:22:00 PM:
Some ACORN-government news.Democrats Vote To Give ACORN Regulatory Authority Over Financial Institutions
WASHINGTON - During consideration of H.R. 3126, legislation to establish a Consumer Financial Protection Agency (CFPA), Democrats on the House Financial Services Committee voted to pass an amendment offered by Rep. Maxine Waters (D-CA) that will make ACORN eligible to play a role in setting regulations for financial institutions.
The Waters amendment adds to the CFPA Oversight Board 5 representatives from the fields of "consumer protection, fair lending and civil rights, representatives of depository institutions that primarily serve underserved communities, or representatives of communities that have been significantly impacted by higher-priced mortgages" to join Federal banking regulators in advising the Director on the consistency of proposed regulations, and strategies and policies that the Director should undertake to enforce its rules.
By making representatives of ACORN and other consumer activist organizations eligible to serve on the Oversight Board, the amendment creates a potentially enormous government sanctioned conflict of interest. ACORN-type organizations will have an advisory role on regulating the very financial institutions from which they receive millions of dollars annually in direct corporate contributions and benefit from other financial partnerships and arrangements. These are the same organizations that pressured banks to make subprime mortgage loans and thus bear a major responsibility for the collapse of the housing market.
In light of recent evidence linking ACORN to possible criminal activity, Democrats took an unprecedented step today to give ACORN a potential role alongside bank regulators in overseeing financial institutions. This is contrary to recent actions taken by the Senate and House to block federal funds to ACORN.
A recent inquiry into bank funding of ACORN activities by three House Committees found that institutions that would be regulated by the CFPA have provided millions of dollars to the organization in the form of direct donations, lines of credit, cash, and other assets over the last 15 years.
Brought to you by the people that are only there to help you.
By 
buddy larsen, at
Tue Oct 27, 08:23:00 AM:
So the new agency will be created in order to put administrative-law muscle behind a line-extension of the Democratic Party protection racket industry?
Why am I not even in the least bit surprised?
By , at
Tue Oct 27, 10:31:00 AM:
That ACORN has been criticized as much as it already has is ASTOUNDING! Obama's Chicago masters have promised thousands of the ACORNers good federal jobs in return for all their efforts to railroad Obama into office.
These same ACORNers will staff the death panels that ration the health care that older white folks get (or don't get).
ACORN and it's people will be the core of Obama's brownshirts. That is why the captive media was not allowed to cover the reports on criminality. They won't in the future, either.
By Horatius, at
Tue Oct 27, 12:01:00 PM:
I love how O’Keefe keeps all of his videos hidden away so that the ACORN people can’t come out and defend themselves/lie. Its just brilliant. Finally, a guy on the right who will take the fight to them.
By buddy larsen, at
Tue Oct 27, 12:38:00 PM:
info & links to other tendrils
http://www.americanthinker.com/blog/2009/10/think_tanks_the_new_power_play.html
