Posted on 09/10/2009 3:18:25 PM PDT by Halfmanhalfamazing
I think a lot of people are missing something here, I hoped I could bring focus to it more.
This girl Kenya is trying to buy a house. That gets lost in the child prostitution part(and for good reason) but what it does is expose a part of the mortgage crisis that us conservatives have talked about for a while.
ACORN couldn't do what it's doing without all the help it gets from government. Not just the 501c3 status, but also all the laws on the books that make way for politically correct loans.
Now let's say this all actually happened, was a real loan.(which ACORN has done many, many times before, obviously) Who would end up with the actual loan? Countrywide? Bank of America? Citi? Fannie? Freddie? Who actually gets it, doesn't matter. Anybody think these are good solid loans? Or are these likely to be subprime?
But it seems to me that the term "predatory lending" is what you just saw in these videos.
Or am I way off base here?
Remember, NACA isn't all that different from ACORN with respect to (only talking about) mortgage handling.
After ACORN "makes" it's loans, who does it brow beat into accepting said loans, most likely using the race card?
Obama IS ACORN. He is so closely tied to them and their sister org SEIU. The corruption is staggering.
Thanks for posting.
Hooray Hanna, James O’Keefe, Andrew Breitbart and Glenn Beck!
What I saw was in favor of tax fraud, immigration fraud, prostitution, child molesting, trafficking of minors for prostituton, and mortgage fraud.
Yes, I saw all of that.
But what I’m saying is there’s a tie in to the mortgage crisis that everybody in the liberal media wants to blame on the markets, and we just saw it in this video.
It has nothing to do with the markets.
Now I know why that guy that used to be dressed up in that stupid suit covered with ???? question marks doesn’t run ads anymore. ACORN took all his business - “Need $300,000 to open a whore house?”
And dollars to donuts a lot of the ACORN money is being recycled right into the politicians pockets. How's that for campaign finance reform there McCain? Boot the lot of them OUT on their collective A$$e$. Send the ACORN and SEIU brothers to Levenworth..
Yep, there he is. Even HE looks shocked. 13 Year-old hookers. Un-freakin’-believeable.
Yo ACORN....can you “pimp my ride” ???
OUTLAW ACORN!
And that's when they're in their 40's.
Yeah Elliot Spitzer was an idiot, but at least he had good taste.
In fact the government is responsible for ACORN, Fanny Mae, TARP, Stimulus package, etc. the real horror is that both political Parties are neck deep in all of what is happening.
More people are becoming aware of what Obama is doing and are frightened by it. Thequestion is would he be this blatantly dishonest and openly contemptuous of Americans response to his performance if he was not absolutely certain that nothing can stop him?
He is an obvious disgrace to the office he holds. Republicans have no credibility, so they do not concern him. The people are on their own. Washington, D. C. is a sewer that needs to be drained.
Triple A rated loans.
Unless the house used as a brothel and the ACORN child sex slavers were busted. Which would be very unlikely under an Obama Adminstration and a Congress in which Barney Frank heads Banking and John Conyers the committee on the Judiciary.
You’re right on the mortgage part.
Maybe Glenn Beck will talk about that tomorrow.
bttt
It’s even bigger because Clinton Adm forced legislation that compelled banks to make these loans (skids greased by likes of Barney Frank, Chris Dodd, others [Kennedy? can’t remember]), but others. Fannie Mae operated like a criminal enterprise. Everybody knew that.
The derivative market for these loans sky-rocketed to about $500 trillion as banks discovered a twofer: cut up the loans and spread the risk by selling these products to other banks, institutions, pensions, municipalities, etc etc. No way that amount could be unwound; insiders knew it & a few financial analysts were talking about the inevitability of it all in early 2000’s The bubble was going to burst.
Normally no one can anticipate when, but it’s possible that Obama had a little help from some uber-wealthy friends right before the election.
Another vast criminal enterprise -— the food chain was deep.
That’s just a layman’s explanation; someone with more expertise can explain it more accurately.
Bingo indeed. That is one of the two things ACORN was set up to do. More so SEIU really, but ACORN receives grants from various foundations and has contracts to operate various government programs (i.e. census). Now, SEIU and ACORN are joined at the hip and they also operate a number of 527 orgs. The money is commingled and after bribes & kickbacks are paid, all that's left is (mis)used for the purpose of electing socialist progressives.
Word is, after this last expensive election cycle, the part of SEIU that's supposed to be funding member benefits, such as retirement and health care, is broke. The union members would be wee-wee'd up if they knew that, but of course they haven't been told. Right now the bosses are hoping, I guess, that their $8 Billion porkulus money starts flowing in before checks start bouncing.
-———————the real horror is that both political Parties are neck deep in all of what is happening.-——————
Yes, the more I see I’m coming to the same conclusion.
A handful of elected Rs are true conservatives but we truely do need to clean house.
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