There is no question that ACORN, Obama's partner since 1991, is doing its best to steal the presidential election for Obama. It is being investigated for fraudulent voter registration activity in more than a dozen states. ACORN recently announced it had registered 1.3 million new voters; how many of those new voters are really ineligible or "repeats" or "dead"? So far, false registrations in the tens of thousands have been thrown out, but it's a safe bet that many, many more will slip through the screening process.
Obama in his early years as a lawyer actually trained ACORN workers in voter registration and ran a registration drive with ACORN himself. He also taught them how to browbeat banks and bankers into making mortgage loans they never should have -- the very beginning of the subprime loan disaster that has brought down the world's financial system and cost investors hundreds of billions of dollars.
What Obama thought was a great idea, beating up banks to make mortgage loans to uncreditworthy borrowers, mushroomed over the years with ACORN very much involved in pressuring banks, Congress and Fannie Mae and Freddie Mac. The subprime loan boom created the housing bubble that ended in its inevitable collapse and the worst stock market fall since 1929 and a world credit freeze-up. Obama, in 2006, opposing legislation putting an end to Fannie and Freddie buying up these dangerously risky subprime loans, insisted the house of cards he helped create was "a good idea."
And guess who's been helping fund ACORN? The taxpayers. Taxpayers helped fund the disaster that has befallen them. Belatedly, there are now demands for investigations and an end to taxpayer assistance to this criminal enterprise.
Obama did not cause this catastrophe all by himself. In Congress, Democratic Senators Dodd and Reid worked to block legislation in 2005 and 2006 from getting a vote in the Senate after Senate Republicans voted S. 190 out of committee. Democratic Congressman Barney Frank of Massachusetts was prominent at hearings insisting that Fannie and Freddie were sound and in no trouble and didn't need a new regulator and didn't need to stop buying the subprime loans banks and mortgage lenders were more than happy to get rid of.
These Democratic economic policies have cost the nation, taxpayers and investors dearly.
Barack Obama's efforts in the 1990s to force banks to make unsafe mortgage loans was his early attempt to "spread the wealth." It ended in catastrophe.
Obama's new plan to "spread the wealth" which he inadvertently disclosed to Joe the Plumber will likewise lead to catastrophe for the American and world economies.
The sane vote is for a Republican Congress and McCain/Palin. But will Obama's ACORN deliver enough fraudulent votes to bring more grief to America?
October 23, 2008
Obama's Red Shirts
Voter Fraud: Republican leaders want to defund and criminally investigate ACORN. Why should taxpayer dollars fund a "nonpartisan" organization that proclaims "Obama needs ACORN, and we need Obama."
ACORN calls itself a "nonpartisan" group seeking to register minorities and the poor. But its political arm has endorsed Barack Obama, who both trained the group's staff and sued the state of Illinois on their behalf. And Obama's campaign has given ACORN affiliates $800,000 for a get-out-the-vote drive.
In fact, it's a get-out-the-vote for Obama drive as evidenced by a video recently aired by Fox News that showed just how "nonpartisan" the group is. It was taken at ACORN's national convention where Rep. Maxine Waters spoke to a sea of ACORN organizers wearing their uniform of red baseball caps and shirts.
Waters, to great applause and cheers, said: "This has been the worst presidency that this country has ever known. But that's all right. We're getting rid of his (President Bush's) ass. He's got to go."
The next speaker, an ACORN representative defined who "we" meant. She said: "We're getting Obama for president! Obama needs us, ACORN, but we need Obama. Don't we? Yeah!"
A list of government funding of ACORN released by Boehner reveals that some $31 million in taxpayer dollars have been given to the group since 1998. Using Federal Register records, Boehner found ACORN got the money through 54 individual grants in 11 different states.
They would have gotten much more if the original Democratic version of the federal rescue bill had passed. It gave to groups such as ACORN 20% of any profits from the future resale of acquired mortgages, a massive potential rip-off of taxpayers.
"House Republicans worked together to stop the majority from using taxpayer dollars to fill a slush fund created just for ACORN, but now we must go further to turn off the spigot of federal grants on which ACORN depends," Boehner said last week.
Cornyn notes that, due to the efforts of ACORN's red shirts in "Harris County, Texas, which includes the City of Houston, election officials either rejected or discovered serious deficiencies with nearly 40% of the 27,000 registration cards filed by ACORN from January through July of this year."
ACORN will say its voting activities are separate and not funded by the taxpayer. But money is fungible. Cornyn recently wrote to Attorney General Michael Mukasey, arguing "that because the violations of federal voting laws by ACORN employees appear to be so widespread, ACORN and its affiliates should be investigated as a criminal enterprise."
We agree. Those orchestrating this attempt to steal the 2008 election should go to jail.
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