Green Energy
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ACORN Behind Occupy Wall Street Protest From Judicial Watch: A famously corrupt leftist community organization with deep ties to President Barack Obama is largely behind the national movement to “end economic segregation” and social injustice...
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Why is the Obama administration defying federal law by funding ACORN? From Will at The Other News via BigGovernment Judicial Watch discovered that the president is flouting the will of Congress by surreptitiously giving federal taxpayer money to...
- Manipulation Of Funds At The Doj
The Obama adminstration is corrupt to the core. From the Washington Examiner:Justice Department steers money to favored groups The Justice Department has found a new way to pursue civil rights lawsuits, using the powers of the Civil Rights Division not...
- Acorn Changing Name, Disbursing Money To Seiu, Other Groups
From Jammie Wearing Fool: The crime syndicate known as ACORN is on the run, but is getting plenty of cover from the Democrats, which comes as no surprise since they're an arm of the Democratic Party. Now since their name is radioactive they figure...
- More On The Acorn Payola Bailout From Investor's Business Daily
It's hard to believe the utter NERVE, the naked and stupid CHUTZPAH! ACORN AND LA RAZA !!!! Rescuing ACORN By INVESTOR'S BUSINESS DAILY | Posted Friday, September 26, 2008 4:20 PM PT Election '08: Democrats want to use...
Green Energy
ACORN: Eric Holder's $17 Billion Settlement With Bank of America Funds Leftist Bank Shakedown Artists
By Investor's Business Daily:
Extortion: Radical Democrat activist groups stand to collect millions from Attorney General Eric Holder's record $17 billion deal to settle alleged mortgage abuse charges against Bank of America.
Buried in the fine print of the deal, which includes $7 billion in soft-dollar consumer relief, are a raft of political payoffs to Obama constituency groups. In effect, the government has ordered the nation's largest bank to create a massive slush fund for Democrat special interests.
Besides requiring billions in debt forgiveness payments to delinquent borrowers in Cleveland, Atlanta, Philadelphia, Oakland, Detroit, Chicago and other Democrat strongholds — and up to $500 million to cover personal taxes owed on those checks — the deal requires BofA to make billions in new loans, while also building affordable low-income rental housing in those areas.
If there are leftover funds in four years, the settlement stipulates the money will go to Interest on Lawyers' Trust Account (IOLTA), which provides legal aid for the poor and supports left-wing causes, and NeighborWorks of America, which provides affordable housing and funds a national network of left-wing community organizers operating in the mold of Acorn.In fact, in 2008 and 2009, NeighborWorks awarded a whopping $25 million to Acorn Housing.
In 2011 alone, NeighborWorks shelled out $35 million in "affordable housing grants" to 115 such groups, according to its website. Recipients included the radical Affordable Housing Alliance, which pressures banks to make high-risk loans in low-income neighborhoods and which happens to be the former employer of HUD's chief "fair housing" enforcer.
BofA gets extra credit if it makes at least $100 million in direct donations to IOLTA and housing activist groups approved by HUD.
Read more »
-
ACORN Behind Occupy Wall Street Protest From Judicial Watch: A famously corrupt leftist community organization with deep ties to President Barack Obama is largely behind the national movement to “end economic segregation” and social injustice...
-
Why is the Obama administration defying federal law by funding ACORN? From Will at The Other News via BigGovernment Judicial Watch discovered that the president is flouting the will of Congress by surreptitiously giving federal taxpayer money to...
- Manipulation Of Funds At The Doj
The Obama adminstration is corrupt to the core. From the Washington Examiner:Justice Department steers money to favored groups The Justice Department has found a new way to pursue civil rights lawsuits, using the powers of the Civil Rights Division not...
- Acorn Changing Name, Disbursing Money To Seiu, Other Groups
From Jammie Wearing Fool: The crime syndicate known as ACORN is on the run, but is getting plenty of cover from the Democrats, which comes as no surprise since they're an arm of the Democratic Party. Now since their name is radioactive they figure...
- More On The Acorn Payola Bailout From Investor's Business Daily
It's hard to believe the utter NERVE, the naked and stupid CHUTZPAH! ACORN AND LA RAZA !!!! Rescuing ACORN By INVESTOR'S BUSINESS DAILY | Posted Friday, September 26, 2008 4:20 PM PT Election '08: Democrats want to use...