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Ann Coulter: SUBPRIME MORTGAGE CRISIS HITS WHOREHOUSES ("No one likes a showy hooker")
Ann Coulter.Com ^ | March 3, 2010 | Ann Coulter

Posted on 03/03/2010 3:22:28 PM PST by Syncro

SUBPRIME MORTGAGE CRISIS HITS WHOREHOUSES
March 3, 2010


It looks like Brooklyn District Attorney Charles Hynes is on track to win another endorsement from ACORN!

This week, Hynes announced that "no criminality has been found" after his investigation of the videotapes made by investigative journalists James O'Keefe and Hannah Giles, which show ACORN employees counseling the pair on getting a mortgage for a house of prostitution.

(They got a choice of government loans: Phat Fannie Mae, Prince Freddie Mac or Barney Fresh Daddy Frank ... aka "Sir Fix-A-Lot.")

I'm just glad to know that Hynes conducted a thorough "investigation" first. Who did he have screen the videotapes, Gov. Paterson?

If his investigators had actually watched the videotapes, they would have found ACORN employees apparently advising a pimp and prostitute on how to defraud mortgage lenders, deposit prostitution money in a bank, hide money from the government and avoid detection while running a whorehouse with teenage girls from El Salvador.

I'm not a lawyer -- oh, wait, yes, I am -- but I count approximately a half-dozen state law crimes being discussed on those tapes, from money laundering to advancing prostitution.

In a "Eureka" moment, ACORN Employee-of-the-Month Volda Albert identifies for O'Keefe and Giles the problem they had been having getting a mortgage:

Albert: Um, is it legalized? Is prostitution legalized in New York state?

O'Keefe: It's not. It's not, unfortunately.

Albert: Well see, that's your problem.


As ACORN employee Milagros Rivera said, "You can't say what you do for a living because of the law." But displaying ACORN's can-do attitude, she explained: "Honest is not going to get you a house."

ACORN employees helped concoct a scheme to hide from the lender the source of O'Keefe and Giles' down payment money. Albert suggested that O'Keefe "pay a down payment -- or (Giles) can transfer to somebody else, who is not in that business ... a close friend, then (Giles) can transfer that, and then he can give you, like, a gift to purchase."

Under New York law, hiding the true source of down payment money from a lender constitutes mortgage fraud. Also, using the proceeds of criminal conduct in any banking transaction is money laundering.

Does anybody need a flow chart at this point, or should I continue?

To help Giles hide her income from turning tricks, ACORN employee Albert advised Giles to open two banking accounts, depositing no more than $500 per week in each one. (This would not only enable her to conceal her illegal earnings, it would also qualify her for free checking.)

But Albert's most inspired idea was that Giles get a "house with a backyard. You get a tin can ... and bury (your money) down in there, and you put the money right in, and you put grass over it, and you don't tell a single soul but yourself where it is."

Back when I was in Louisiana, we advised people to put their illegal money in the freezer, but that didn't work out so well. And I guess putting your money in a mattress isn't advisable if you live in a whorehouse.

Read more at Ann Coulter.Com


TOPICS: Editorial; Extended News; News/Current Events
KEYWORDS: acorn; anncoulter; barneyfrank; chrisdodd; coulter; dodd; fannymae; freddymac; subprime
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As ACORN employee Milagros Rivera said, "You can't say what you do for a living because of the law." But displaying ACORN's can-do attitude, she explained: "Honest is not going to get you a house."

Read the rest at Ann Coulter.Com

1 posted on 03/03/2010 3:22:28 PM PST by Syncro
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To: RonDog; jellybean; knews_hound
But Albert's most inspired idea was that Giles get a "house with a backyard. You get a tin can ... and bury (your money) down in there, and you put the money right in, and you put grass over it, and you don't tell a single soul but yourself where it is."
Man, these hustlers are GOOD!
2 posted on 03/03/2010 3:24:07 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro

>>I’m just glad to know that Hynes conducted a thorough “investigation” first. Who did he have screen the videotapes, Gov. Paterson?<<

Oh, Ann!!! I love it (LOL), but Oh, Ann....!!!!


3 posted on 03/03/2010 3:24:30 PM PST by freedumb2003 ( Tagline lost -- anyone seen it?)
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To: Syncro

Looks like the ACRIME women knew more about the laws then the NY AG. Can’t wait til next weeks column. Queenie Rox!


4 posted on 03/03/2010 3:31:15 PM PST by bray (Throw All the Bums Out, starting with McCain)
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To: freedumb2003
That was a pretty funny line!

Here's a little continuation of the column from where I left off"

Anyway, Albert was particularly detailed on the tin-can-in-the-backyard investment plan: "Keep thinking: 'I have a yard. I have a house.' You gotta start coming out with, like, plants and you start doing -- so it won't be suspicious. You start buying plants for the backyard in pots and what have you, and you mark a spot."

She later told Giles: "You are not paying Social Security, so you'll have society, all right? You are not getting a pension, so you need to save that money for in later years." ACORN: Helping Plan Your Financial Future.

If only shady lawyers advised clients to bury money in cans in their backyards, instead of putting it in tax shelters, we wouldn't have all those attorneys clogging up prison cells!

5 posted on 03/03/2010 3:52:49 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro

unfortunately...We the People have a much bigger problem on our hands here....


6 posted on 03/03/2010 4:08:06 PM PST by mo
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To: mo

Well...I agree we have MORE problems, but I think ACORN is a pretty big problem too.

A heavily government funded group to the tune of millions, with prospective access to BILLIONS (if this hadn’t happened) working solely for the liberal side of the political spectrum, with the ear of a Marxist, socialist president who learned EVERYTHING about deconstructing the United States from them, engaging in voter fraud to swing elections AND slant census data is a big problem.

This isn’t just a “gotcha” about some obscure office in some city somewhere. We are (or at least HAVE been) giving people our TAX MONEY to work towards the destruction of this country by its enemies.

I live in Massachusetts, and get a chance to listen to Jay Severin, who is a pretty astute judge of politics, and he made the statement that if he was given 75,000 votes to sprinkle around the country strategically for a presidential candidate, he could swing the election.

I personally think ACORN has had their hands in a lot more votes than that, and they did it with MY damned money I worked my ass off for. I find that concept completely galling.


7 posted on 03/03/2010 4:26:29 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: Syncro

No prosecutions if you’re a loyal party member. 0bamaCommies protect their own.


8 posted on 03/03/2010 4:41:01 PM PST by TigersEye (It's the Marxism, stupid! ... And they call themselves Progressives.)
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To: rlmorel
Hear hear! for that post. This IS about the problem.
9 posted on 03/03/2010 4:43:28 PM PST by TigersEye (It's the Marxism, stupid! ... And they call themselves Progressives.)
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To: rlmorel
and they did it with MY damned money I worked my ass off for. I find that concept completely galling.

Don't kid yourself.

ACORN is paid off with borrowed money.

Your grandkids will pay it back.

10 posted on 03/03/2010 5:11:11 PM PST by HIDEK6
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To: HIDEK6

I stand corrected.

Sadly.


11 posted on 03/03/2010 5:16:43 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: Syncro
In honor of SARAH's appearance on the Tonight Show, here is ANN with Jay:


12 posted on 03/03/2010 5:35:26 PM PST by RonDog
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To: rlmorel

The problem is that the enemies of the people are being granted protection by what we’ve all assumed were our institutions


13 posted on 03/03/2010 5:38:03 PM PST by mo
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To: Syncro
This week, Hynes announced that "no criminality has been found" after his investigation of the videotapes made by investigative journalists James O'Keefe and Hannah Giles...
That would be:


14 posted on 03/03/2010 5:40:03 PM PST by RonDog
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In honor of SARAH's appearance on the Tonight Show, here is ANN with Jay...
Actally, that is Ann with GEORGE CARLIN, from the last time that she was on the Tonight Show with Jay Leno.
15 posted on 03/03/2010 5:41:57 PM PST by RonDog
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To: mo

That is the truth. Unbelievable!


16 posted on 03/03/2010 6:00:25 PM PST by rlmorel (We are traveling "The Road to Serfdom".)
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To: Syncro
And in honor of another stellar column, here's Ann!


17 posted on 03/03/2010 7:05:19 PM PST by Forgiven_Sinner (If you meet people with no brain, no heart and no courage, you are not in KS-You are in the Congress)
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To: RonDog
LOL poor Carlin!

I remember that show.

Ann's column at Townhall:

Wednesday, March 03, 2010
Ann Coulter :: Townhall.com Columnist
Subprime Mortgage Crisis Hits Brothels
by Ann Coulter
: > )
18 posted on 03/03/2010 7:47:34 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro; carlo3b; stanz; gakrak; massfreeper; hosepipe; Donald Rumsfeld Fan; MadLibDisease; fffff; ..
it's Ann Coulter time!

Let me know if you'd like to be added to the Ann Coulter ping list.

19 posted on 03/03/2010 8:59:03 PM PST by jellybean ( Bookmark http://altfreerepublic.freeforums.org/index.php for when FR is down)
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To: Syncro

I just LOVE Ann’s wit and intelligence! I wonder if Obama or Holder stuck it to the judge for this decision?


20 posted on 03/03/2010 11:44:24 PM PST by boatbums (God is ready to assume full responsibility for the life wholly yielded to him.)
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