ACORN Defends Its Role in Housing
By NancyA on October 1, 2008 at 2:15 PM in ACORN, Arrogance, Barack Obama, Chicago, Citizen Services, Home Loan, Housing Crisis, New York Times, Obama, Voter Fraud, corruption
Acorn, a nationwide community organizing group with which Barack Obama was involved for some time wants to help with the bailout bill. At its Web site, ACORN National President Maude Hurd released a statement titled, “Bailout Failure an Opportunity to Improve Package: More Relief for Homeowners Would Actually Stem Crisis More Effectively.”
ACORN welcomes the opportunity to renegotiate a package that will actually do something for homeowners on Main Street and not just bail out Wall Street. Ninety-five Democrats voted against the bailout bill because it did not do nearly enough for families struggling to pay the mortgage and who are teetering on the brink of foreclosure. If a better plan comes back that will do more to assist struggling homeowners, it stands a chance of passing.
There’s no doubt that Acorn leaders are in shock that their organization’s receipt of government monies was excised from the House bill voted on, and defeated, yesterday. It’s not as if the influential left group hasn’t already received a huge boost this year; Acorn received more than $200 million dollars through a housing bill that President Bush signed into law in July 2008. You can learn more about that housing bill here.
Here’s more from Maude Hurd, Acorn’s president:
“The foreclosure crisis, which did not begin last week but more than a year ago, will continue unabated by the current bailout proposal. To really solve our broader economic woes, we must address the underlying problem of unnecessary foreclosures. One critical way to do this is to include bankruptcy shelter in the bailout package, which was dropped from the negotiations over the weekend.
More bankruptcies?
Hurd didn’t end there:
“Another way to stem foreclosures is to include tighter language directing the Treasury Secretary to prioritize purchasing those distressed assets like whole mortgages where Treasury would have the authority to modify the mortgages and avoid unnecessary foreclosures. Additionally, Treasury could be directed not to purchase any securities or other assets that lack such authority to modify. This would ensure that the public’s investment in Wall Street’s bad assets actually results in a reduction in foreclosures, so that we can stabilize home prices and restore liquidity in a permanent way to our markets. That’s the recipe for a bailout in which both Main Street and Wall Street can benefit.”
Well then. ACORN has no place in the negotiations since the group is not an extension of the U.S. government. Secondly, ACORN has failed to recognize its role in the increase of subprime mortgages influenced by the group’s “direct action” tactics. And, last, in my opinion the group deserves no more money from our government, given Acorn’s involvement in voter fraud in several states, its aggressive approach to pushing for questionable home loans, and accusations of financial fraud. It is time to stop the flow of taxpayer dollars for more foreclosures through ACORN’s actions.
I don’t think they ever deserved it in the first place. How many groups like this are getting funded by the Feds and how much does it cost us for activism rather than government? (btw, your picture should have some worms and beetles coming out of the acorn.
)
I mean I agree,
the group deserves no more money
and in view of their criminal actions the government ought to be seizing their assets.
Is ACORN tax exempt?
Apologies for off topic post, but has anyone else seen this?
Secret, Foreign Money Floods Into Obama Campaign
http://www.newsmax.com/timmerman/Obama_fundraising_illegal/2008/09/29/135718.html
Who didn’t expect this? What will be done about it?
File a citizen’s complaint with the FEC so they really pull the rug out on Obama. Here is the website: http://www.fec.gov/ans/answers_compliance.shtml#How_do_I_file_a_complaint
This takes you right to the page for filing complaints. If you file a complaint send a copy to the Department of Justice Attention. US Attorney General.
Yes!
Judging from what my daughter brings home, put the NEA in that group!
I’d find ACORN’s constantly repeated use of the term “unnecessary foreclosures” rather amusing, if it weren’t so pathetic. I;m wondering what they would consider to be a “necessary forclosure”. I would think that any mortgage loan that is not being paid and has gone into default might be considered a necessary foreclosure, but ACORN appears to believe that any any home in foreclosure that is occupied by an Obama supporter who believes that some day they might be able to pay and hopes for an Obama miracle cure is an “unnecessary foreclosure.”
http://www.cbsnews.com/stories/2008/09/27/politics/politico/thecrypt/main4483168.shtml
I think Acorn can stop wasting its breath on this one. The Republicans are wise to this maneuver. Barney Frank, the Acorn supporter, is a biased, ideological pol who should not be in public office.
Acorn should NEVER recieve taxpayers $$$$$$$$$$$. Tell your Representatives. No $ for Acorn, ever!!!!!
How is it that republicans agreed in the first place to the July bill or any other bills giving this rogue organization this kind of funding extraordinaire??? Shocking! I can understand liberal democrats doing this kind of “do good” stuff, but it makes you wonder if the republicans even knew it was in the bills or what it meant. What it means is, in the voter registration end, they will register voters which sounds like a worthy cause. But when you look beneathe the surface, it is to register AA’s, hispanics, and college students with the purpose this year of electing Obama. Sounds like many republicans were asleep at the switch.
From the ACORN website:
“ACORN is a non-profit, non-partisan social justice organization with national headquarters in New York, New Orleans and Washington, D.C. To maintain independence, ACORN does not accept government funding and is not tax exempt.”
Why are they involved in any input into the mess they have helped create indeed.
They claim “non-partisan, and non-profit” but they have not asked for a tax exempt status. Curious.
Non-partisan my butt. ACORN is working just for the democrats & I don’t want any tax dollars going to them. They are working to put Obama in office.
I don’t want my tax dollars going to no group that participate in thuggery and intimidation to get what they want. FRAUD FRAUD FRAUD should be shouted from the rooftop by the GOP.
Kavala,
Non-profit means they do not need to pay tax. No other meanings.
ACORN defines “social justice” as justice for the blacks, even if it is injustice to others.
ACORN threaten to sue the banks that do not extend mortgage to the blacks for racial descrimination. That is why it caused the problem. Ombama has represented this evil organization when he was a lawyer and he gain black votes through ACORN.
Those politically correct loans are economically incorrect. That is why we have this mess.
ACORN also actively involved in voting fraud and that is why Obama funded it &800,000.00 recently.
Do you need to know anything more about ACORN before you portrait it as an angel?
Lisa,
I wrote: “Why are they involved in any input into the mess they have helped create indeed.”
Also they are hardly non-partisan and probably not even non-profit. Also, the claim to not take federal funding is obviously untrue.
Do I think they are angels. He double l NO.
ACORN is involved for the same reason Barney Frank is involved, to deflect blame and yet keep the money coming in.
Not Non-partison. At their conventions, they chant “Obama”.
They just received $200 million in government funding. There are 2 branches of ACORN; one is the voter registration outfit, the other is the “low-income” housing advocacy group, but these jokers co-mingle the funds and commit fraud on a routine basis. $200 million to one branch is $200 million to the other, IMO.
Nope the National Headquarters are in New Orleans on Elysina Fields Avenue. We ehave pictures of their headquarters on this site. Here is that story:
http://noquarterusa.net/blog/2008/08/22/acorn-%e2%80%93-csi-%e2%80%93-obama-someone-else-noticed/
Enjoy!
The first thing that these “nonprofit” groups should have to put on their brochures and websites is a picture of the homes the officers live in and the car they drive. I have a feeling the homes and cars would be a lot like those of televangelists.
According to info Published here On NQ, ACORN is a mult-national entity.
It does not accept government funding?
Horse pucky. How about the 200 million?
Sorry for stating the obvious.
funding is probably a play on words.
The politicaly correct mortgage loan is the finaicial version of Affirmative Action. Not qualified is not qualified, no matter how politically correct it is.
“Not qualified” for a mortgage loan is also NOT qualified, regardless of race.
“Not qualified” is post-racial.
I don’t care what Anglachel says about discussing these Fannie & Freddie loans implies Republican racism.
Accountability has nothing to do with race, Anglachel.
Due respect.
“Not qualified” for a mortgage loan is also NOT qualified, regardless of race.
“Not qualified” is post-racial.
I don’t care what Anglachel says about discussing these Fannie & Freddie loans implies Republican racism.
Accountability has nothing to do with race, Anglachel.
Due respect.
Acorn should have their tax exempt status revoked by the IRS for the indictments and violations.
They should be put out of business.
This is a big story and I have only seen Lou Dobbs and Hannity cover it, what the hell is wrong with the press other then the obvious, there should be a huge head line PRESIDENTIAL NOMINEE OBAMA ATTACHED TO ACORN ORGANIZATION, there is no logic in this what so ever.
What’s wrong with the media and press?
Doncha know - it’s Germany circa 1938 all over again.
Scary!!
This lays it out in graphic detail:
http://justsaynodeal.com/acorn.html
That should be on the front page of every newspaper in America.
Yes it should and they need to add the Chicago Annenberg Challenge next to Ayers which also funneled money to ACORN.
Thanks PR, it is a good visual reference.
ACORN has no place on the bailout bill.
period.
it’s a left wing front that helps out a few folks in order to look legit.
the chickens will be coming home to roost for ACORN very soon.
From an article by Ken Blackwell, former Secretary of State in the State of Ohio:
# # #
“In Ohio, where as secretary of state I oversaw elections for eight years, ACORN has been busy. One ACORN man in Reynoldsburg was indicted on two felony counts of voter fraud, and another was indicted in Columbus. Other such problems surfaced in Cuyahoga County, where criminal investigations are ongoing.
It’s not just Ohio. ACORN personnel are facing criminal charges in over a dozen states. In Washington State, for example, seven ACORN leaders had felony charges filed against them for voter fraud.”
# # #
http://article.nationalreview.com/?q=N2Y5MTc0ZTAyMmE1Mjk3NGE3OWRiY2FkMjZlN2YxYzc=#more
yes and even with all of the voter fraud, Ohio Supreme court is allowing same day registration. Too many politically correct people and not enough following what is right and wrong.
He was on Fox last night talking about this. He mentioned the Obama connection: Ayers, Aulinsky (sp.), ACORN and said Obama is not even out of the A’s yet. LOL.
I saw part of that but not all of it and missed that piece. He was getting in Alan’s face too…!
Colmes gets uncomfortable when he’s faced with the truth.
ACORN = get something for nothing when you pass their politically correct testing.
Minorities were victimized to a far greater extent by predatory lending practices than others. Nor were minority buyers the speculators who drove prices up to unrealistic levels, creating the housing bubble in the first place. For the most part, they were just working people trying hard to buy a home.
ACORN has actually been trying to create a more honest financial environment to serve home buyers. Witness the article below:
http://www.bizjournals.com/seattle/stories/2008/04/21/story13.html
Some are trying to make ACORN a scapegoat, and to place disproportionate blame on the very home buyers who are are getting hurt the worst by the sub-prime crisis. They’re also trying to establish a perceptual link between their scapegoat and the democrats–particularly Barack Obama.
If you investigate who has profited the most from the inadequately regulated financial market, you’ll discover it to have been someone else entirely. They’ve escaped with what they stole.
you are living in a fantasy world. Many of these people were simply not qualified to have a mortgage. Bad credit, no verifiable income, no job. Some weren’t even legally allowed to be in this country. Having a home is a huge responsibility and people need to be responsible before getting one. You can’t get a house then expect the rest of us help you keep it. It does people more harm than good to get them into this type of situation when they are not able to handle it. Buying a home is not about being politically correct. It’s about working hard for what you want.
Acorn is corrupt plain and simple. Helping people is a front. I don’t know how you can look at it any other way when they are involved in massive voter fraud/registrations.
Who profited from loans to unqualifed home buyers? The loan officers working on commission. The loan companies they worked for. Other companies, who bought the bad loans, concealed them by bundling them with good loans, and then resold the bundled paper at a profit. Bigger investors still, who inflated the value of the paper further and counted what it held as assets to leverage loans from investment banks, which they funneled back into the process.
ACORN didn’t originate loans for profit, or determine who was qualified to get them.
You left out the part where the companies paid the politicians with the D next to their names so they could not only allow them to continue, but would blatanlty force banks to make more of the unqualified loans.
If you want to follow the money follow it all the way.
And, by all means, continue not to hold those accountable for getting loans with NO income or legal right to. Feel free to offer up YOUR paycheck to keep them in homes they will still not be able to pay for.
Why should anyone work at all? Let’s all quit our jobs so we can all qualify for the government to supply us with food, medical, housing. Do you not see where that leads?
I’m tired of people acting like the poor are stupid and therefore are always taken advantage of. The poor are just poor, they are often more aware of the law and how to manipulate it than we are.
I hold the lenders and the borrowers that lost their homes responsible. Many people took out lines of credit against their homes and bought cars and went on vacations.
Well, those of us that stayed within our means are now being asked to bail everyone out. That’s one of the problems with our country we don’t take personal responsibility for our own problems.
It seems like my paycheck is about to be offered up not to bail out the victims, but to bail out the perpetrators.
The victims had income. They were mostly working people. They’re already being punished, without any further regulation. They’re punished when they’re evicted with their kids, their furniture is out on the sidewalk, and they still have fully liability for the money they borrowed.
So why do you defend ACORN when they are predators too? Pretending to do good while lining their own pockets!
I just think it’s wrong to try to place all of the blame on them, or on the people they’re the advocates for. They may well have some bad actors, some self-seeking opportunists. Most large organizations do. There are people like that everywhere. It’s the damning generalization I object to.
Some???????????????
Sorry, cynic.
Acorn rallied, publicly, against the banks who would not give out these loans, and filed “discrimination” lawsuits against them.
Barak Obama’s first job out of law school as a new civil rights attorney was filing such lawsuits against Citigroup in Chicago, and then he was hired by the ACORN president to “train” all the “community organizers” on her staff.
But the truth is, the banks who did not give out such loans to unqualified Black applicants were threatened with lawsuits by Chicago’s “community organizers.”
And that’s the truth.
Deal with it.
Sorry, cynic.
Acorn rallied, publicly, against the banks who would not give out these loans, and filed “discrimination” lawsuits against them.
Barak Obama’s first job out of law school as a new civil rights attorney was filing such lawsuits against Citigroup in Chicago, and then he was hired by the ACORN president to “train” all the “community organizers” on her staff.
But the truth is, the banks who did not give out such loans to unqualified Black applicants were threatened with lawsuits by Chicago’s “community organizers.”
And that’s the truth.
Deal with it.
We’ve already investigated so please stop with the propaganda!!!! ACORN has been convicted of voter fraud, so really you should be ashamed of yourself to come here and try to defend them!!!!!
Cynic, you need to take this garbage somewhere else to dump it.
Cynic probably works for ACORN.
Hey Cynic, shouldn’t you be in Ohio registering illegal immigrants.
ROTFL!!! Cemeteries toooo!
Yeah, I forgot cemeteries lol.
Oh Horse Shit.
Are you telling me minorities don’t have sense to figure out if they can afford a mortgage or not? I got a mortage a year ago and I was smart enough to negotiate a fixed mortage with no money down, and get rid of the mortage insurance. It’s not a big home, about average for a brand new one, $173,000.
I think the people who made these types of mortgages did not buy within their means and wanted to take advantage of the bankruptcy laws or wanted this bail out so they could default and get government help but keep that big fat home.
Sad those of us who played the game right have to suffer and pay for those who live to play it underhanded trying to get “something for nothing”.
The process of securing a loan and buying a home is complex process. People who had been denied home loans for years had been conditioned to believe loan officers wouldn’t grant loans they weren’t qualified to receive. Now they were being told their homes would increase in value, and that the resultant equity would allow refinancing from ARMs to conventional fixed-rate mortgages. They saw homes going up in value all around them, so they bought the line that they had a wonderful opportunity to finally get in on their little bit of the American dream. They didn’t understand that the person across the desk was going to pocket hefty profit whether they managed to make their mortgage payments or not.
Please…Once again poor does not equate stupid.
No, it doesn’t. I’m not trying to imply it does. Sometimes, though, it takes quite a bit of sophistication to fully understand complex financial scenarios. Particularly when some basic assumptions–such as the one that houses could only increase in value–are faulty.
I think a lot of people went into loan offices assuming they were up against a rigorous qualification process, when they actually should have been on guard against something else entirely.
Cynic:
The process of electing a president is a complex process. Democrats who had been trying unsuccessfully for many years (with the exception of Bill Clinton) to elect a string of losers had been conditioned by their party leaders to believe that all Republicans are evil, and that all Democrats are being cheated. Now these Democrats, so conditioned for defeat, were being told “YES WE CAN” and “HOPE YOU CAN BELIEVE IN”, and that there was a new form of politician in town who could heal the sick and make the lame walk again, so they bought the line that they had a wonderful opportunity to board the Obama gravytrain, and finally get in on their little bit of the American dream. They didn’t understand that the person standing at the podium with the fake presidential seal was just some two-bit hustler from the Chicago Machine, and was going to do and say whatever it takes to win this line item on his resume, whether they benefitted or were thrown under the bus or not.
The party leaders did not convince me that all Republicans are evil. Like most Americans, I came to that conclusion myself, after witnessing their stellar performance especially during the years 2000-2006.
The Republicans did such a mindblowingly crappy job, they made the whole Obama thing possible. It’s really their fault, when you think about it.
If Hillary were the nominee, I would be thanking the Republicans for the assist, but the Republicans did not beget Obama. He is a creature of the DNC, Democratic Party leadership, the mainstream media, and people naive enough to believe that an Honest politician can emerge from the Chicago political sewers.
Oh, please. You leave out the shakedown Alinsky confrontation tactics (Obama taught ACORN agitators), used to harrass and threaten banks into extending mortgages to unqualified buyers.
They have not. It is their direct actions that force banks into following the rules under the Community Reinvestment Act. The US government can fine banks and stop mergers as well as any other business a bank does if they don’t play well with giving loans under the CRA. The CRA was expanded in 1995 to encourage more subprime loans for minorities. Get your facts right or don’t spout off at all!
Someone posted this earlier here on no quarter. It’s a 15 foot mural of Obama. His campaign asked some Latino Artists in Texas to paint it. Frightens me and makes me ill all at the same time.
http://current.com/items/88848333_15_obama_mural_in_houston_texas
I don’t have time to worry about these crazy loons. People like this were running around in the 60’s, most of us are just too young to remember it. I know Woodstock was a rock festival outside and about anything and everything went on there. Drugs, sex w everyone. Someone told me there is a Womens Festival in Michigan somewhere and the women walk around naked and squat when they go to the bathroom. So you see, there have always been deranged people and they only come out when they think they have someone to worship who is as loony and far out as they are aka Obama. These people do not form policy. That is left up to us who are intelligent, grounded and grown ups.
You would be shocked to know how many of those old hippies are part of this radical movement that adores Obama. Left overs who never grew up. Old SDS people, people from the WEATHER UNDERGROUND and people who are still stuck in the 60s. You saw some of them in the coverage of that stupid Recreate 68 mess at the convention. Left overs from the dead socialist, communist parties now revived and refreshed to wreak havoc again. Truly, this whole thing reminds me of 72 and McGovern. Hooking the children and absolutely vile and violent morons stoking the fires. We all know how well that worked out for them. Adults don’t let children and radicals pick presidents. And McGovern registered the most kids of any election year. It was the FIRST year 18-20 year olds were allowed to vote and it was the Baby Boomer generation. HUGE numbers of newly registered kids. It’s all the same crap all over again. The truth is, McGovern’s followers scared the electorate more than the viet nam war did and they voted accordingly. Always in double digit leads, mcGovern got 38 percent of the vote in the end. Voters actually preferred Nixon to this madness.
Before the “radicalism” of the 60s women were second class citizens and black people often weren’t allowed to drink from the same public water fountains as white people. I remember being a young soldier stationed at Ft. Gordon GA, and going into Augusta with a black buddy on our first weekend pass after basic. We were both from the north. I still remember the look on his face when we got off the post bus and started seeing the White Only signs around town.
The folks here seem unaware that Bill and Hillary were very much part of the 60s radical scene. So I guess they were dirty hippies too. This is mighty strange talk for a bunch of PUMAs.
HUSSEIN IS ON CSPAN CAMPAIGNING. HE HAS NO SHAME. HE NEEDS TO BE DEFEATED RESOUNDINGLY. I HAVE NEVER HATED A POLITICIAN MORE IN MY ENTIRE LIFE.
HE GETS HIS GRANDSTANDING LITTLE COMMENTS IN, THEY CLOSE DISCUSSION AND CALL FOR VOTE. YOU ARE THE SAME SCUM HE IS!
Yes, beebop.
But NOW, he is visually associated with the very bill his fellow Democrat Chris Dodd loaded up with pork.
McCain did vote FOR, but he didn’t the floor and make a speech, visually tieing himself to the pork.
Obama did. It’ll cost him, in November.
New game Perry.
Get on board or get out
The most important priority is Obama’s defeat in November.
Differences aside for now!
I’m going to have to agree with you Seattle. The idiotic comments against repubs then against dems, then back and forth again. Cutting other people’s discussions up, putting down other people’s opinions (other constructive people’s opinions). It’s getting really tiresome. I think this guy just likes to
type.
oh shit, sorry for the snotty tone. But Perry it really would be nice if you got focused and helped us stop Obama.
I’m hoping that’s your ultimate goal here.
You’re afraid of a mural?
Why was nobody frightened when Bush fanned the flames of fear to launch an invasion, trampled the Constitution to the point where you can be arrested and imprisoned based on allegation without due process or notice to anyone, issued directives that allow him to single-handedly impose martial law, contracted a private mercenary army beyond control of military chain of command, and made the torture of suspects official national policy?
None of that is exageration.
Anon,
if you don’t understand why I’m frightened of a mural of any politician then you are in serious need of a history lesson.
Anon:
What Bush has done is exactly what Obama (has said or otherwise indicated that he) will do to a much larger extent. That is one reason that we are afraid.
Well well well…
WASHINGTON — House Speaker Nancy Pelosi paid her husband’s real estate and investment firm nearly $100,000 from her political action committee over the past decade, a practice that she voted to ban last year and that her party condemned as part of the “culture of corruption” when Republicans did it.
The Washington Times is reporting that the California Democrat’s husband, Paul F. Pelosi, owns Financial Leasing Services Inc., which has received $99,000 in rent, utilities and accounting fees from the speaker’s “PAC to the Future” over the PAC’s nine-year history.
http://www.foxnews.com/story/0,2933,431204,00.html
thats the only way she can get him to sleep with her lol
ROFLMAO!!!!!!!!!!!
Half the bankrupties last year were due to medical catastrophe. Many of these people WERE insured but in an effort to LIVE, went outside the insurance system for procedures slimeballs like HMOs refused. These were people, many of whom were DYING and lost ALL, and they got no “bankruptcy relief”. Truly, acorn has no conscience as to imply that people who bought homes without any income and now can’t afford them should be afforded “relief” when people on their death beds weren’t given any grace at all. Have you no shame, ACORN?
Uppity: they all missed school on the day the word SHAME was worked on, and clearly they never heard it at home. Dignity is best studied where it is missing.
shame? they thought they said SHAM.
After the debate tomorrow nite, I’d like to see some October surprises appearing to debunk Obama…This charade has gone on long enough.imo
Time for Mccain/Palin to step up and never look back
By all rights we shouldn’t need an October surprise based on what we already know about Obama.
Rezko,Ayers,Wright,Pfleger and ACORN. Normally that would be enough to sink any other politician. But not the chosen one.
We know some things about republicans, too. We’ve had quite a few years to observe what they do.
FUCK YOU …. YOUR GD CANDIDATE IS ON CSPAN CAMPAIGNING WHILE AMERICA IS BURNING, OKAY, ASSHOLE>?!!!!!!
YOU AND EVERYONE LIKE YOU MAKE ME PUKE.
Don’t blame me for that. If you’re feeling a little sick, it might be all of the lies you’ve swallowed. I’ve been feeling kind of sick for the past 8 years.
I really don’t get all of the hate. I don’t automatically hate people I disagree with. If McCain gets elected I won’t hate him. I’ll just disagree with the choice, hope for the best, and hope we’ll do better in the future.