Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Acorn on Brink of Bankruptcy, Officials Say
New York Times ^

Posted on 03/20/2010 4:18:02 AM PDT by Sub-Driver

Acorn on Brink of Bankruptcy, Officials Say By IAN URBINA

BALTIMORE — The community organizing group Acorn, battered politically from the right and suffering from mismanagement along with a severe loss of government and other funds, is on the verge of filing for bankruptcy, officials of the group said Friday.

Acorn is holding a teleconference this weekend to discuss plans for a bankruptcy filing, two officials of the group said. They asked not to be identified because they were not authorized to speak to the news media.

Over the last six months, at least 15 of the group’s 30 state chapters have disbanded and have no plans of re-forming, Acorn officials said. The California and New York chapters, two of the largest, have severed their ties to the national group and have independently reconstituted themselves with new names. Several other state groups are also re-forming outside the Acorn umbrella, and will not be affected if the national organization files for bankruptcy.

This week, the Maryland chapter announced that it would not reopen its offices, which were shuttered in September in the wake of a widely publicized series of video recordings made by two conservative activists, posing as a prostitute and a pimp, who secretly filmed Acorn workers providing them tax advice. In the videos, Acorn workers told one of the activists, James E. O’Keefe III, how to hide prostitution activities from the authorities and avoid taxes, raising no objections to his proposed criminal activities.

(Excerpt) Read more at nytimes.com ...


TOPICS: Crime/Corruption; Culture/Society; Front Page News
KEYWORDS: acorn; fundingtheleft; lefties; taxpayerfunding
Buh Bye.....
1 posted on 03/20/2010 4:18:02 AM PDT by Sub-Driver
[ Post Reply | Private Reply | View Replies]

To: Sub-Driver

Oh, pshaw. The Deems will just pass an ACORN tax.


2 posted on 03/20/2010 4:19:13 AM PDT by chickadee
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Another government funded program that failed or losing money? No... I don’t believe it! nonsense...


3 posted on 03/20/2010 4:19:27 AM PDT by mikelets456
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

oh no they aren’t....

http://biggovernment.com/mvadum/2010/03/19/breaking-while-an-anxious-nation-is-transfixed-by-the-healthcare-debate-the-obama-administration-restores-acorn-funding/

a few days ago, they restored FULL funding to ACORN

bastards


4 posted on 03/20/2010 4:19:30 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

5 posted on 03/20/2010 4:20:34 AM PDT by dubie (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Daisyjane69

I read that one also.
There’s so much information and misinformation floating around nowadays a person doesn’t know what to believe.


6 posted on 03/20/2010 4:24:09 AM PDT by Dixie Yooper (Ephesians 6:11)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Sub-Driver

BS they were just giving their funding back,,,are reorganizing under a new name.


7 posted on 03/20/2010 4:26:52 AM PDT by blueyon (The U. S. Constitution - read it and weep)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
yeah???...dont believe it or lower your guard.

these pieces of crap have Obama and Soros watching their flank...if they disappear they will reappear as something else....probably worse.

think the disappearance of the SA and the increase in power to the SS and Gestapo

8 posted on 03/20/2010 4:27:24 AM PDT by Vaquero (BHO....'The Pretenda from Kenya')
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vaquero

You got that right!


9 posted on 03/20/2010 4:30:18 AM PDT by MestaMachine (http://www.freerepublic.com/focus/f-news/2426869/posts SUPPORT RINO FREE AMERICA)
[ Post Reply | Private Reply | To 8 | View Replies]

To: chickadee

“The Deems will just pass an ACORN tax”

This soros funded organization won’t mind walking away from any financial obligations since it was already in possession of a great deal of the taxpayers money—and will continue to keep our money under the new corporations it sets up under different names with the same people in charge.


10 posted on 03/20/2010 4:38:17 AM PDT by freeangel ( (free speech is only good until someone else doesn't like what you say))
[ Post Reply | Private Reply | To 2 | View Replies]

To: Daisyjane69
severe loss of government

Thank you for posting the link. I wondered about that, thought I'd heard that the funding was restored....

Propaganda and lies.

11 posted on 03/20/2010 4:43:05 AM PDT by EBH (There is a bell ringing. Is it for Freedom or a Death Knell?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Sub-Driver

Oh don’t worry, we will be forced to bail them out with our tax dollars.


12 posted on 03/20/2010 4:48:17 AM PDT by RatsDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
This is ironic considering the following thread: Obama Administration Restores Full Funding to Corrupt ACORN Org.
13 posted on 03/20/2010 4:49:42 AM PDT by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Couldn’t happen to a more deserving group, but there’ll be a Dim bailout.


14 posted on 03/20/2010 4:53:56 AM PDT by whatshotandwhatsnot
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Any outfit run by thieves, will go bankrupt sooner or later.

As Willy Sutton once said when asked why he robbed banks, “Because that’s where the money is.”


15 posted on 03/20/2010 4:58:41 AM PDT by chainsaw ( 'You know that your landing gear is up and locked when it takes full power to taxi to the terminal)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

.....Buh Bye.....

The article says the big chapters are reconstituted under different names. They are not gone, just wearing different clothes. We don’t know how much of the unspent stimulus money will be used to fund these new named groups dedicated to job formation.

As long as there is an Obama, there will be Acorn


16 posted on 03/20/2010 4:59:15 AM PDT by bert (K.E. N.P. +12 . Tax the poor. Taxes will give them a stake in society)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
Yo, ACORN


17 posted on 03/20/2010 4:59:57 AM PDT by Condor51 (A person who never made a mistake never tried anything new. [A. Einstein])
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Oh PLEASE!! Bammy and the Black Caucus will give them a BILLION DOLLARS of OUR MONEY!!!


18 posted on 03/20/2010 5:04:29 AM PDT by Ann Archy (Abortion,,,,,,the Human Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Man50D

Lets not forget the sectretary of state project.

Stealing elections, one secretary at a time.


19 posted on 03/20/2010 5:06:16 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
[ Post Reply | Private Reply | To 13 | View Replies]

To: Sub-Driver

I thought Obama turned the spigot back on for the thirsty ACORNs yesterday?


20 posted on 03/20/2010 5:20:46 AM PDT by loungeSerf (Truth-In-Legislation Amendment)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Sob story BS by ACORNS greatest fan. I hope Bertha the Hutt can find some part time work in the meantime. /s


21 posted on 03/20/2010 5:25:34 AM PDT by IllumiNaughtyByNature (3V3Ry71N' 084M4 D03z 83N3f17Z MU5l1mz. c01NC1d3nc3?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Bankruptcy.
Moral, financial or both?


22 posted on 03/20/2010 5:33:59 AM PDT by BuffaloJack (If you're not patriotic, you're nothing !)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

red herring......they just refunded them.
Focus


23 posted on 03/20/2010 5:39:29 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Condor51
Very nice! Here's a little jig to accompany that violin:




24 posted on 03/20/2010 5:43:06 AM PDT by Oceander (The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Sub-Driver
Everybody get out and push!

Seriously, we should make sure some conservative in Congress keeps the funds cut off, then somebody (Judicial Watch, Landmark Legal) should hit them with another lawsuit to force them to have to spend some more money so they go completely over the brink.

That does not stop the need for civil and state criminal RICO suits be be brought to bear on ACORN in every state of the union, especially Louisiana.

In the RICO suit legal discovery, we should be looking for links to SEIU, so we can hit them with RICO as well and bring them down.

25 posted on 03/20/2010 5:50:30 AM PDT by magellan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
From the article:

"Over the last six months, at least 15 of the group’s 30 state chapters have disbanded and have no plans of re-forming, Acorn officials said. The California and New York chapters, two of the largest, have severed their ties to the national group and have independently reconstituted themselves with new names. Several other state groups are also re-forming outside the Acorn umbrella, and will not be affected if the national organization files for bankruptcy."

This sounds like a planned defensive maneuver. Perhaps to shore up the national finances, perhaps so the local offices can continue to function unencumbered by the national organization bankruptcy, perhaps to sever ties to any legal discovery actions can be limited to the national organization only.

I don't trust ACORN.

26 posted on 03/20/2010 5:53:43 AM PDT by magellan
[ Post Reply | Private Reply | To 1 | View Replies]

To: magellan

Acorn was a corporate entity.

Corporate entities are dime a dozen.

There are merely new accounts into which funds will flow


27 posted on 03/20/2010 5:56:22 AM PDT by bert (K.E. N.P. +12 . Tax the poor. Taxes will give them a stake in society)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Sub-Driver
These people can not read. Obama fully funded the nuts yesterday.
28 posted on 03/20/2010 6:16:53 AM PDT by mountainlion (concerned conservative.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

All RIGHGHT!!!! Finally!


29 posted on 03/20/2010 6:18:45 AM PDT by 2harddrive
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Never fear! Obombshell will give them some Thuguless booty!


30 posted on 03/20/2010 6:46:30 AM PDT by Young Werther (wtih)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

How did the Old York Times find out about James O’Keefe? That there is some fine journalism.

Pray for America


31 posted on 03/20/2010 6:51:46 AM PDT by bray (Throw All the Bums Out, starting with McCain)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Obama is sending ACORN billions now...


32 posted on 03/20/2010 7:09:22 AM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

and the RATS, take another one in the..............................HA ha!!!

33 posted on 03/20/2010 7:47:32 AM PDT by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

They already blew thru the billions that 0bama gave them ?


34 posted on 03/20/2010 8:02:03 AM PDT by culpeper (He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people,)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Daisyjane69

Your not suggesting the story is smoke and mirrors are you? (Grin)

Collapse one group that gets exposed and create another..

Routine.

W


35 posted on 03/20/2010 8:40:10 AM PDT by WLR (Remember 911 Remember 91 Iran delinda est.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Jet Jaguar; Kaslin; SunkenCiv; bamahead; GOP_Lady

On a dark day, a little bit of light shines through.


36 posted on 03/21/2010 6:50:10 PM PDT by Clintonfatigued (Liberal sacred cows make great hamburger)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FlingWingFlyer; altair; stephenjohnbanker; little jeremiah; ~Kim4VRWC's~; voteNRA; Admiral_Zeon; ...
ACORN Ping

FReep mail me if you want on/off the list.

37 posted on 03/21/2010 6:51:52 PM PDT by Jet Jaguar (*)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Clintonfatigued

Ohio and Maryland — GONE.

48 more to go.


38 posted on 03/21/2010 6:56:36 PM PDT by GOP_Lady
[ Post Reply | Private Reply | To 36 | View Replies]

To: Jet Jaguar

Ohhhhhhhhhhhhhhhhhhh yes!


39 posted on 03/21/2010 6:57:11 PM PDT by amom (Proud Blue Star Mom of a US Army tanker)
[ Post Reply | Private Reply | To 37 | View Replies]

To: LucyJo

This is a matter related to another thread you’d posted to.


40 posted on 03/21/2010 6:59:10 PM PDT by Clintonfatigued (Liberal sacred cows make great hamburger)
[ Post Reply | Private Reply | To 38 | View Replies]

To: Jet Jaguar

Thanks for the ping.


41 posted on 03/21/2010 7:13:05 PM PDT by GOPJ (http://hisz.rsoe.hu/alertmap/index2.php?area=dam&lang=eng)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Clintonfatigued
Thanks.

"By the time the scandal over the videotaped employees erupted, he was already done with Acorn, he said, and he now believes it needs to reinvent itself with a new mission and a new name."

This guy needs not to worry. That's exactly what leftists do anytime they are exposed to the point of not "progressing" - they continue the same behavior under a new name or euphemism.

An ACORN by any other name produces the same. Leftist activists don't just stop being leftists activists.

42 posted on 03/21/2010 7:29:45 PM PDT by LucyJo
[ Post Reply | Private Reply | To 40 | View Replies]

To: Sub-Driver

So what will the new name and the new money for them be?


43 posted on 03/21/2010 10:38:49 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Clintonfatigued; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; ...

:’) Thanks Clintonfatigued.


44 posted on 03/22/2010 4:40:38 PM PDT by SunkenCiv ("People never lie so much as before an election, during a war, or after a hunt." [Otto von Bismarck])
[ Post Reply | Private Reply | To 36 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson