ACORN Accusations

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  • Posted By: freespeech @ 10/21/2008 3:49:23 PM

    what a liberal spin, ACORN is not guilty of voter fraud, it's guilty of voter registration fraud!

  • Posted By: Nins @ 10/21/2008 2:07:53 PM

    After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.

    Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.

    Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.

    Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.

    Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.

    Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.

    And they want me to believe that Obama is a socialist. Right.

    In case you think McCain is any different than Bush, watch this:

    http://www.youtube.com/watch?v=PdJUCU1UH2w

  • Posted By: Nowforthetruth @ 10/20/2008 3:47:04 PM

    Who "Joe the plumber" may be is not the issue, though it's easy to see why the Dems want it to be. That's because the real issue is what Obama's comments to him revealed about Obama. In the exchange with "Joe the plumber" we find out that Obama really is as radical as his early political acquaintances, Davis, Ayers, Wright, etc., and that he is into the failed economic policy of wealth redistribution. Obama's tax and spending plans alone would be bad enough, but add Reid and Pelosi to the mix, with the three of them controlling both houses of Congress and the executive branch without any effective restraint, and you have something that should causes concern even among moderate Democrats.
    See Wall Street Journal: A Liberal Supermajority:

    http://online.wsj.com/article/SB122420205889842989.html

    And whether McCain won or lost the third debate is also not relevant. He succeeded in the first half hour to plant the seeds of a Reagan style wipeout. Reputable historians and economists overwhelmingly agree that the taxation imposed by Hoover and FDR, and the "stimulus" spending and public works programs of FDR, actually deepened and prolonged the Great Depression. It was the production demands of WWII that got the economy going again. And when the war was over, the economy promptly went into recession.

    See e.g. http://www.cbsnews.com/stories/2008/10/03/opinion/main4499465.shtml
    And
    http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

    Point is, Obama's programs are to tax, and it does not really matter who he taxes, those taxes are going to be passed through the economy. He has to tax, because it is they only way he can pay for his massive social engineering experiments. Any first year economics student knows that taxation is a tool used to contract an economy experiencing inflation, because it reduces demand by reducing the amount of money individuals and businesses have to spend. It is contractionary, which is exactly what you do not want to do when the problem is that the economy is contracting already into recession. Like Hoover and FDR, Obama's plans will only make it worse for longer.

    • Posted By: AskPlus @ 10/21/2008 1:52:09 PM

      The desperation pages by: Now for the GOOF.

  • Posted By: Nowforthetruth @ 10/20/2008 7:51:13 PM

    Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of the last half of the second link.

    http://www.youtube.com/watch?v=8vJcVgJhNaU

    http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related

    See also:
    http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2

    This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs
    See also
    http://www.newsweek.com/id/164732 from this web site. (oops!) stating that Freddie Mac was spending tax payer money to target Republicans in 2005 who were trying to regulate Fannie and Freddies fraud. Democrats were not targeted, as the were all on board to not regulate Fannie and Freddie. Hear that, Republicans were trying to regulate, and Democrats were trying to stop it/

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


    • Posted By: AskPlus @ 10/21/2008 1:45:32 PM

      Now for the pasted GOOF.

  • Posted By: Nowforthetruth @ 10/20/2008 9:13:38 PM

    Nims: Funny how fast Newsweek took that article : AP IMPACT: Mortgage firm arranged stealth campaign, http://www.newsweek.com/id/164732 , came off the general table of contents for this site once they figured out that, instead of being a bit on those evil lobbiest, it in fact admitted that the Republicans were trying to regulate Freddie and Fannie in 2005 and were targeted by Freddie, and the no Democrats were targeted because they were all in the tank with Freddie and Fannie not to regulate them as a means of promoting the Community Reinvestment Act. I don???t think that article stayed up 24 hrs before they took it off the main screen.

  • Posted By: sharenews @ 10/21/2008 3:24:20 AM




    OBAMAs DANGEROUS PALS
    Baracks Organizer Buds Pushed for Bad Mortgages
    (Includes ACORNs Impact on Fannie Mae and Freddie Mac Downfall)
    By Stanley Kurtz
    Posted: 3:53 am
    September 29, 2008

    (Part 1 of 2)

    Excerpt:

    Chutzpah: ACORNs (Association of Community Organizations for Reform Now)
    DRIVE TO LOWER MORTGAGE STANDARDS PAVED THE WAY for the MELTDOWN - yet last week, it was holding protests like this one in Florida, trying to get a cut of the financial-market-rescue bill.

    WHAT exactly does a COMMUNITY ORGANIZER DO? Barack Obamas rise has left many Americans asking themselves that question. Here is a big part of the answer: Community organizers INTIMIDATE BANKS into making HIGH-RISK LOANS to customers with POOR CREDIT.

    In the name of fairness to minorities, community organizers OCCUPY private offices, CHANT inside bank lobbies, and CONFRONT executives at their homes - and thereby FORCE financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.

    In other words, community organizers HELP TO UNDERMINE THE US ECONOMY by pushing the banking system into a SINKHOLE OF BAD LOANS. And OBAMA has spent YEARS TRAINING AND FUNDING THE ORGANIZERS WHO DO IT.
    THE seeds of todays financial meltdown lie in the Community Reinvestment Act (CRA) - a law passed in 1977 and MADE RISKIER by unwise amendments and regulatory rulings in later decades.

    CRA was meant TO ENCOURAGE banks to MAKE LOANS TO HIGH-RISK BORROWERS, often minorities living in unstable neighborhoods. That has provided an opening to radical groups like ACORN to abuse the law by forcing banks to make hundreds of millions of dollars in subprime loans to often uncreditworthy poor and minority customers.


    (Continued in my post below: Baracks Organizer Buds Pushed for Bad Mortgages)

    • Posted By: AskPlus @ 10/21/2008 1:39:03 PM

      New day, same BS (Which is why McCain is losing - BS) You post like a Palin marketing call. No style, no substance - no truth - ever.

    • Posted By: Pia1981 @ 10/21/2008 11:49:41 AM

      ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ.

  • Posted By: Nowforthetruth @ 10/21/2008 8:43:38 AM

    Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of Obama comments in the last half of the second youtube link.

    http://www.youtube.com/watch?v=8vJcVgJhNaU

    http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related

    See also:
    http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2

    This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs
    See also
    http://www.newsweek.com/id/164732 from this web site. (oops!) stating that Freddie Mac was spending tax payer money to target Republicans in 2005 who were trying to regulate Fannie and Freddies fraud. Democrats were not targeted, as the were all in the tank with Fannie and Freddie to kill the regulations. Hear that, the article admits that Republicans were trying to regulate, and Democrats were trying to stop it from happening as a means to facilitate the Community Reinvestment Act.

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See: Wall Street Journal

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


    • Posted By: Pia1981 @ 10/21/2008 11:53:50 AM

      Attention everyone...for your viewing pleasure.....NowformoreDesperation

      • Posted By: AskPlus @ 10/21/2008 1:36:56 PM

        AKA Now for the GOOF.

  • Posted By: Nins @ 10/21/2008 11:54:14 AM

    After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.

    Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.

    Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.

    Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.

    Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.

    Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.

    And they want me to believe that Obama is a socialist. Right.

    In case you think McCain is any different than Bush, watch this:

    http://www.youtube.com/watch?v=PdJUCU1UH2w

  • Posted By: labman57 @ 10/19/2008 4:35:24 PM

    John McCain's new campaign theme song should be "Desperado" by The Eagles.

    • Posted By: Pia1981 @ 10/21/2008 11:51:48 AM

      Good song.. the Reps just love it..."Desperado... why don't you come to your senses..." The Reps can't..too desperate to think straight.

  • Posted By: Nins @ 10/21/2008 1:01:16 AM

    After 9/11, the US government started rounding up Muslims without cause and without due process of law, and put them in prison camps like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.

    Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.

    Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 trillion of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.

    Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.

    Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.

    Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.

    And they want me to believe that Obama is a socialist. Right.

    In case you think McCain is any different than Bush, watch this:

    http://www.youtube.com/watch?v=PdJUCU1UH2w

  • Posted By: krohn2 @ 10/21/2008 12:24:51 AM

    This is so true about how the election is already bought and paid for:
    http://www.againstobama.com/2008/10/what-is-it-that-barack-obama-knows-that-the-rest-of-us-don%E2%80%99t/#comment-1929

  • Posted By: krohn2 @ 10/20/2008 8:54:37 PM

    Obama, the excuses are wearing thin. what excuse do you have for this one?:
    http://www.againstobama.com/2008/10/obama-praised-searing-and-timely-book-by-ayers/

  • Posted By: Nins @ 10/20/2008 7:42:36 PM

    William F. Buckley's son, Christopher Buckley, who is a conservative Republican like his Dad, is supporting Barack Obama for President.

    Christopher Buckley was forced to resign from the right wing National Review over this endorsement. Chris has written a conservative column for years at the National Review, the journal his father founded. Chris has been a poster boy for the Republican party ever since his father, in a 1985 speech to Ronald Reagan, said that his son Christopher lived in a world of freedom thanks to the fact that the USA had not been afraid to use nuclear bombs in Japan and so end WWII.

    Twenty three years later, many prominent Republicans, including Christopher Buckley, Kathleen Parker, Susan Eisenhower and Colin Powell have come out in support of Barack Obama. Their primary reason for doing so is that they feel that Obama is the better candidate. But just as importantly, they are concerned by the growing tendency of the GOP to incite the masses based on false charges of terrorism, Muslim roots, etc. These lies feed a dark form of social unrest that is very destructive for America. (Look what it did in Nazi Germany.) They also all pointed to the inadequate choice of Sarah Palin as John's VP. These are prominent right wing Republicans speaking, not liberal Democrats.

    And while I am not prominent, I too am a Republican who is voting for Obama.

    Christopher Buckley's article about why he decided to support Obama:

    http://www.thedailybeast.com/blogs-and-stories/2008-10-14/sorry-dad-i-was-fired

  • Posted By: Nins @ 10/20/2008 7:41:50 PM

    Finally the McCain campaign has released a few selected pages of Cindy McCain's tax returns for 2006 and 2007.  Cindy files separately from John.  In 2006, Cindy made over $6,000,000 and paid $1,700,000 in taxes.  In 2007, she made $4,200,000 and paid $1,100,000 in taxes.

    Cindy's effective tax rate for 2007 was only 26%, FAR lower than the top bracket of 36%.  If Cindy had paid the 36% she really owed, she would have paid $1,512,000 in tax -- $412,000 more than what she actually paid.

    Her paying such a low rate is not because of charitable contributions.  The McCain campaign states that John and Cindy combined gave $340,000 to charity in the past two years.  Even if it was all from her, and all in 2007, that would not have dropped her rate so significantly.

    What you are seeing here is the Bush tax cuts in action.  The really wealthy top 1% of income earners are not paying their fair share.  Personally, I think that Cindy, who has made  over 10.2 million in the past two years, can afford to be taxed at the 36% rate.

    Did you know that the outfit she wore to the RNC cost $330,000?

    No wonder John wants to extend (and increase) the Bush tax cuts for the wealthy.

    Incidentally, John McCain made $258,800 last year, bringing their combined income to about $4,460,000 for 2007.

    Here's an article in The New Yorker that sums it all up: taxation, socialism and Joe the Plumber all taken in context, instead of out of context (the way many bloggers on this website tend to interpret things).

    http://www.newyorker.com/talk/comment/2008/10/27/081027taco_talk_coll

  • Posted By: Nowforthetruth @ 10/20/2008 7:28:33 PM

    Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of the last half of the second link.

    http://www.youtube.com/watch?v=8vJcVgJhNaU

    http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related

    See also:
    http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2

    This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs
    See also
    http://www.newsweek.com/id/164732 from this web site. (oops!) stating that Freddie Mac was spending tax payer money to target Republicans in 2005 who were trying to regulate Fannie and Freddies fraud. Democrats were not targeted, as the were all on board to not regulate Fannie and Freddie. Hear that, Republicans were trying to regulate, and Democrats were trying to stop it/

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


  • Posted By: Nowforthetruth @ 10/20/2008 7:26:52 PM

    Look and listen for yourself. Hear Obama in his own words discusses his links to both ACORN and the mortgage meltdown, and praises bundling and securitizing mortgages by banks as a means to float loans to the poor. Never mind the link commentators point of view, just listen to what Obama says in his own words. A picture is worth a thousand words. Maybe more in the case of the last half of the second link.

    http://www.youtube.com/watch?v=8vJcVgJhNaU

    http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related

    See also:
    http://boards.msn.com/MSNBCboards/thread.aspx?threadid=808692&boardsparam=Page%3d2

    This is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs
    See also
    http://www.newsweek.com/id/164732 from this web site. (oops!) stating that Freddie Mac was spending tax payer money to target Republicans in 2005 who were trying to regulate Fannie and Freddies fraud. Democrats were not targeted, as the were all on board to not regulate Fannie and Freddie. Hear that, Republicans were trying to regulate, and Democrats were trying to stop it/

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    And the link below describes how some Democrats in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


  • Posted By: Nins @ 10/20/2008 5:55:53 PM


    The Economist magazine polled 683 professional economists and reported their findings. Of the respondents, 46% were Democrats, 10% Republicans and 44% Independents. The vast majority of them (over 80%) believed that Obama's economic plans will get us out of our current financial crisis. A similar majority believe that McCain's plans will make the economy worse.

    While you can say that all the Dems and all the Repubs may have essentially toed the party line in this survey, it does not account for the fact that essentially all of the Independent economists said that Obama's financial plans are better than McCain's. And if they are a reflection of how Independents across America are thinking, then Obama is going to win. Also, it turns out that about a third of the Republican economists surveyed said that Obama's plans are better.

    That article is in an issue a couple weeks back, still available on-line at:

    http://www.economist.com/world/unitedstates/displaystory.cfm?story_id=12342127&CFID=24946653&CFTOKEN=58463805

    The Oct 11-17th issue of the Economist is titled "Saving the System: the Panic, the Rescues, and a Special Report on the World Economy." Worth reading. It will help you understand what is really going on. http://www.economist.com/printedition/index.cfm?d=20081011


    More articles of interest:

    http://www.iht.com/articles/2008/08/31/business/31view.php

    http://www.newyorker.com/talk/comment/2008/10/27/081027taco_talk_coll

    http://www.youtube.com/watch?v=IDofbll86dY&feature=iv&annotation_id=event_922988

  • Posted By: austin c @ 10/20/2008 5:55:10 PM

    Michael P Tremoglie of The Bulletin, wrote on 9.26.2008:
    Blame for the current financial crisis has been leveled at Wall Street greed, deregulation, and the free-market system. However, government policies - formulated and promoted more than 30 years ago by community organizations like those affiliated with Barack Obama - are the root cause of the problem. Economists and financial experts interviewed pointed especially to the Community Reinvestment Act of 1977 (CRA) and the Associated Community Organizations for Reform Now (ACORN) as major culprits.
    Thomas DiLorenzo, Ph.D., an economics professor at Loyola College in Maryland, who specializes in housing finance, said, "I think they [ACORN and the CRA] were very major contributors to the current crisis. For 30 years they compelled banks to make loans to unqualified people.
    "Groups like ACORN were getting money from the federal government for promoting these activities," he continued, "They essentially engaged in legalized extortion of banks. Any bank that plans a merger or expansion can be challenged in court about their compliance with the CRA. It must first prove to regulators that it has made 'enough' loans to the government's preferred borrowers. ACORN would threaten these plans by prolonging the process in the courts. The banks routinely buy off ACORN and other "community groups" by giving them millions of dollars as well as promising to make even more dubious loans."

  • Posted By: Tess126 @ 10/20/2008 5:51:20 PM

    LOL, big expose...I've heard all of these things from Obama already. He said he did some legal work for Acorn; as did the Justice Department. He's said he supported a voter registration group--true; but he's not responsible for the fact that the group also worked with Acorn. And teaching a couple of one hour classes in a VOLUNTARY capacity does not make his 'ties' with Acorn 'long and deep' How about giving us more information on John McCain's terrorist associations with Gordon Liddy, The Presidential Transistion leader who lobbied for Sadaam Husein, and, Sarah and Todd Palins LONG AND DEEP association with the seccessionist Alaska Independence Party who HATE America and want no part of it?
    That is noteworthy; Obama and Acorn is not.

  • Posted By: Nins @ 10/20/2008 4:04:10 PM

    William F. Buckley's son, Christopher Buckley, who is a conservative Republican like his Dad, is supporting Barack Obama for President.

    Christopher Buckley was forced to resign from the right wing National Review over this endorsement. Chris has written a conservative column for years at the National Review, the journal his father founded. Chris has been a poster boy for the Republican party ever since his father, in a 1985 speech to Ronald Reagan, said that his son Christopher lived in a world of freedom thanks to the fact that the USA had not been afraid to use nuclear bombs in Japan and so end WWII.

    Twenty three years later, many prominent Republicans, including Christopher Buckley, Kathleen Parker, Susan Eisenhower and Colin Powell have come out in support of Barack Obama. Their primary reason for doing so is that they feel that Obama is the better candidate. But just as importantly, they are concerned by the growing tendency of the GOP to incite the masses based on false charges of terrorism, Muslim roots, etc. These lies feed a dark form of social unrest that is very destructive for America. (Look what it did in Nazi Germany.) They also all pointed to the inadequate choice of Sarah Palin as John's VP. These are prominent right wing Republicans speaking, not liberal Democrats.

    And while I am not prominent, I too am a Republican who is voting for Obama.

    Christopher Buckley's article about why he decided to support Obama:

    http://www.thedailybeast.com/blogs-and-stories/2008-10-14/sorry-dad-i-was-fired

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