Skip to comments.House Judiciary letter warns Holder not to redistribute $335M Countrywide settlement to ACORN
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 Departments 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 presidents political allies would be an abuse of the Departments 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 ...
Another letter? Hearings? A resolution? It would be nice if they would promise consequences with teeth. Like defunding his department.
The list, Ping
Let me know if you would like to be on or off the ping list
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
So who wants to bet on this outcome?
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.
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.