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House Judiciary letter warns Holder not to redistribute $335M Countrywide settlement to ACORN
The Daily Caller ^ | 1/26/12 | Matthew Boyle

Posted on 01/26/2012 11:21:06 AM PST by Nachum

In a letter obtained by The Daily Caller, House Judiciary Committee chairman Rep. Lamar Smith warned Attorney General Eric Holder not to permit the transfer of funds from a recent $335 million Department of Justice settlement to organizations associated with the Association of Community Organizations for Reform Now, more commonly known as ACORN, or other advocacy groups allied with President Obama.

Smith is concerned that flimsy language in the settlement agreement with Countrywide Financial — the mortgage arm of Bank of America — could be politically motivated.

“I am concerned that the terms of the Justice Department’s recent settlement with Countrywide Financial Corporation and certain affiliates (collectively, ‘Countrywide’) will allow the Department to give large sums of money to individuals and organizations with questionable backgrounds or close political ties to the White House without any guidelines or oversight,” Smith wrote.

“If that is to be the case, this sort of backdoor funding of the president’s political allies would be an abuse of the Department’s law enforcement authority.”

Read more: http://dailycaller.com/2012/01/26/house-judiciary-letter-warns-holder-not-to-redistribute-335m-countrywide-settlement-to-acorn-affiliates/#ixzz1kapBfNhT

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


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: acorn; holder; judiciary
Full title: House Judiciary letter warns Holder not to redistribute $335M Countrywide settlement to ACORN affiliates
1 posted on 01/26/2012 11:21:08 AM PST by Nachum
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To: Nachum
Which begs a question:

What will be the consequences when Holder ignores them?

Another letter? Hearings? A resolution? It would be nice if they would promise consequences with teeth. Like defunding his department.

2 posted on 01/26/2012 11:25:09 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


3 posted on 01/26/2012 11:26:16 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

I agree, Holder and company could care less. The whole admin. is above the law and they will do what they want when they want and how they want. Corruption at its highest


4 posted on 01/26/2012 11:33:07 AM PST by JamesA (You don't have to be big to stand tall)
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To: Nachum

So who wants to bet on this outcome?


5 posted on 01/26/2012 11:36:49 AM PST by Digger (If RINO is your selection then failure is your election)
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To: Digger

Sorry but congress no longer has any teeth when it comes to other high ups. Especially the republican controlled one. It is all show, and Holder knows it.


6 posted on 01/26/2012 12:08:28 PM PST by Revel
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To: Nachum
How will they funnel this $335 Million into Obama’s campaign otherwise?
7 posted on 01/26/2012 2:11:03 PM PST by mowowie
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To: Nachum

A wonderful freeper supplied a link to an ACORN brochure concerning housing. In it, I found this quote:
“ACORN Housing’s partnerships with lenders include a feature that can make all the difference for families like the Wootens. The agreements expand the traditional definition of income to include government sources such as public assistance, food stamps, foster care and Social Security. This opens the door to homeownership for many families whose jobs alone do not meet the banks’ income guidelines.”

Kinda shows why we’re in the predicament we’re in.
Bath-House Barry wants to plow taxpayer $$$ right back into the sewer he loves—ACORN.


8 posted on 01/26/2012 7:09:49 PM PST by Mortrey (Impeach President Soros)
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