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Former ACORN Director Gets $445 Mil From U.S. Treasury
Judicial Watch ^ | June 7, 2012 | Judicial Watch

Posted on 06/07/2012 6:56:40 PM PDT by risen_feenix

The Obama Administration has given a former director at the scandal-plagued Association of Community Organizations for Reform Now (ACORN) nearly half a billion dollars to offer “struggling” Illinois homeowners mortgage assistance, a Judicial Watch investigation has found.

It means the ACORN official (Joe McGavin) will go from operating a corrupt leftist community group that’s banned by Congress from receiving federal funding to controlling over $445 million in U.S. taxpayer funds. The money is part of a $7.6 billion Treasury Department program to help the “unemployed or substantially underemployed” make their mortgage payments.

(Excerpt) Read more at judicialwatch.org ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: Illinois
KEYWORDS: acorn; ahcoa; corruption; hardesthit; illinois; joemcgavin; moneylaundering; obama; treasury
Remember, folks, that George W. Bush opened these floodgates by giving the U.S. Treasury unchecked spending power to 'fight' the financial collapse.
1 posted on 06/07/2012 6:56:45 PM PDT by risen_feenix
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To: risen_feenix
Half of that will wind up in Osama Obama’s 2012 “Victory Fund”
2 posted on 06/07/2012 7:02:44 PM PDT by Gay State Conservative (Bill Ayers Was *Not* "Just Some Guy In The Neighborhood")
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To: risen_feenix

“Funny” this story surfaces the same day it’s announced Romney out-fund-raised Obama last month AND it’s for a Chicago “program”.


3 posted on 06/07/2012 7:07:19 PM PDT by caper gal 1
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To: risen_feenix

Another scandal for the administration that will be ignored by the MSM. Where is congress?

There has never been a President who has borrowed more money or given more taxpayer money to his friends than this one. Why should my kids have to pay for this crap?

This needs to be exposed and talked about loudly and often.


4 posted on 06/07/2012 7:13:52 PM PDT by volunbeer (Don't worry America, our kids can pay for it!)
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To: risen_feenix

Another scandal for the administration that will be ignored by the MSM. Where is congress?

There has never been a President who has borrowed more money or given more taxpayer money to his friends than this one. Why should my kids have to pay for this crap?

This needs to be exposed and talked about loudly and often.


5 posted on 06/07/2012 7:14:19 PM PDT by volunbeer (Don't worry America, our kids can pay for it!)
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To: volunbeer

Pretty sure your great-grandkids will be paying this off. $20 trillion with interest just doesn’t disappear over a couple of years.


6 posted on 06/07/2012 7:18:49 PM PDT by risen_feenix
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To: risen_feenix

Until Americans get together and flood D.C. with their presence, this will never end. None of it.


7 posted on 06/07/2012 7:28:42 PM PDT by varina davis (A real American patriot -- Gov. Rick Perry)
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To: risen_feenix
So it's all George Bush's fault.
8 posted on 06/07/2012 7:29:06 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: Michael.SF.

Here, Michael, this oughta help:

http://www.abcteach.com/directory/reading_comprehension/grades_24/


9 posted on 06/07/2012 7:37:11 PM PDT by risen_feenix
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To: risen_feenix
Gee, I wonder who dreamed this thing up?

About the Illinois Hardest Hit Program

10 posted on 06/07/2012 7:41:15 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: volunbeer

Yeah, where is Boenher? Probably off somewhere with his head buried in a box of tissues, weeping like a little girl, and longing for the good old days of GOP minority status.


11 posted on 06/07/2012 7:47:56 PM PDT by kevao
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To: risen_feenix

“With your left hand, you take the mortgage payment from me, and with your right hand you mark the ballot paper here!”


12 posted on 06/07/2012 7:48:26 PM PDT by I am Richard Brandon
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To: risen_feenix

Natually our disillustrious House is AWOL again.


13 posted on 06/07/2012 7:54:03 PM PDT by onedoug
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To: risen_feenix

Gee, so each of the poor can now donate the max to the Obama re-election. I love this government, we have passed the rubicon.......


14 posted on 06/07/2012 8:01:09 PM PDT by stockpirate (Romney, Ann Coulter & our ruling republican elites, are Big Government socialists, Grand Ole Sociali)
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To: risen_feenix

Bush NEVER intended money to go to groups like ACORN ...


15 posted on 06/07/2012 8:07:57 PM PDT by GOPJ (Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
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To: risen_feenix

Does anyone know of anyone that has received any of this “assistance”? Have you ever heard of anyone getting it (other than from Big Media)?


16 posted on 06/07/2012 8:44:27 PM PDT by jeffc (Prayer. It's freedom of speech.)
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To: jeffc

All these parasitic creeps need to be tried and jailed for their taxpayer-monies malfeasance. Just why isn’t anyone in jail for this? Children and grandchildren will have their lives stunted by this financial misappropriation.


17 posted on 06/07/2012 8:50:08 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: jeffc
Does anyone know of anyone that has received any of this “assistance”?

I'm assuming it all went to "Eric Holder's people".

18 posted on 06/07/2012 9:09:53 PM PDT by The Duke
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To: The Duke

Yeah the blacks are recieving billions in handout money right now, to buy big homes and expensive cars. I see it all the time. Massive redistribution going on. The blacks are gaining in the middle class while the times are bad. Put 2 and 2 together.


19 posted on 06/07/2012 9:21:08 PM PDT by Carry me back
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To: caper gal 1

Pure coincidence, I am sure of it.

Is that jack boots I hear??


20 posted on 06/07/2012 9:21:49 PM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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To: Michael.SF.; All
Here's a question:

Knowing what we know now after 3 years of Obama. Since half of Bush's second term was spent as a lame duck because of the 2006 election results, do you think this nation would have been better off today if Kerry had won in 2004?

I'm wondering if perhaps the American people would have thrown out Kerry after his first term and we may have won the Presidency in 2008. Just a thought.

Personally, unlike many here I was a BIG fan of GWB during his first term. His second term, however, he acted more like a liberal. Not as much got done (at least not as much for us conservatives).

Would we have Obama today if Kerry had won in 2004? And if we did, would things have been as bad as they are now?

21 posted on 06/07/2012 9:40:28 PM PDT by tsowellfan
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To: risen_feenix
Clever, yet juvenile, nice try.

So Bush was wrong then, we know that, everyone does.

22 posted on 06/07/2012 9:43:56 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: risen_feenix

“Remember, folks, that George W. Bush opened these floodgates....”

Obama has been in office for nearly 4 years. Period.


23 posted on 06/07/2012 9:44:45 PM PDT by Gator113 (***YOU GAVE it to Obama. I would have voted for NEWT.~Just livin' life, my way~)
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To: tsowellfan
Would we have Obama today if Kerry had won in 2004?

History would favor that we would still have Kerry in office and dems would be contemplating candidates for his replacement with Obama at the top of the list.

24 posted on 06/07/2012 9:49:56 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: Michael.SF.
History would favor that we would still have Kerry in office and dems would be contemplating candidates for his replacement with Obama at the top of the list.

Yeah that makes sense. And I just remembered, we would have a different VP by now as Edwards would have had to step down at some point. Perhaps Obama would have been the next VP and well on his way to becoming the next President. That would be worse!

25 posted on 06/07/2012 9:55:17 PM PDT by tsowellfan
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To: tsowellfan
Perhaps Obama would have been the next VP

A strong possibility, but consider this alternative:

Edwards resigns (under pressure), Hillary becomes VP, and we have a Hillary vs. Obama redoux.

scary thoughts.

26 posted on 06/07/2012 10:02:25 PM PDT by Michael.SF. (Bain Capital would not have bought Solyndra)
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To: Gator113
“Remember, folks, that George W. Bush opened these floodgates....”

I'm no fan of GWB's second term but we must remember that the economy downturn began after the democrats won both houses in 2006. I know they were calling Bush's 4.7% unemployment rate "the worst economy since the Great Depression" and they continued that mantra daily for years. But it wasn't until Pelosi and Reid had won in November that any significant downturn really started.

If anybody opened the floodgates to us having Obama it was John McCain as our nominee.

27 posted on 06/07/2012 10:02:25 PM PDT by tsowellfan
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To: volunbeer

And if you check out the accounting audit done by McGladry, it notes serious accounting errors. Among them, duplicate vendors in Accounts Payables leading to risk of misappropriation of funds. (you think?)

2 vendors in system 10 times or more
15 vendors 5 to 9 times
167 vendors listed 2 to 4 times

Boy would I love to know which vendors got multiple payments.

http://itmakessenseblog.com/2012/06/07/corruption-corruption-former-acorn-director-joe-mcgavin-gets-445-mil-from-u-s-treasury/


28 posted on 06/07/2012 10:27:20 PM PDT by madisonsquare22
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To: madisonsquare22

It is obvious that the rats use these programs as a slush fund to launder money and send themselves campaign funds. It’s criminal activity and it should be investigated as such.

I bet the government has 50 people that hand out money for each person that looks for fraud. No accountability and they like it that way.


29 posted on 06/07/2012 10:32:32 PM PDT by volunbeer (Don't worry America, our kids can pay for it!)
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To: tsowellfan

“Personally, unlike many here I was a BIG fan of GWB during his first term. His second term, however, he acted more like a liberal. Not as much got done (at least not as much for us conservatives).”

Justice Roberts, Justice Alito (albeit after some arm wringing)


30 posted on 06/08/2012 12:46:28 AM PDT by rusty millet
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To: GOPJ
Bush never intended money to go to any of these leftist groups, but with the expansion of government (beginning in the 60’s) we began to see the “crony socialism” that now engulfs us.

The State Dept has been useless for over 100 years, and the rest of the federal government has joined them in a fifth column to fund the defeat of liberty.

Someone who gets caught cheating on DoD contracting can get barred from doing business with the government - why does no one from the left ever get barred?

31 posted on 06/08/2012 6:46:01 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: texas booster
Someone who gets caught cheating on DoD contracting can get barred from doing business with the government - why does no one from the left ever get barred?

Bribes?

32 posted on 06/08/2012 8:20:13 AM PDT by GOPJ (Take your little hammer, little sickle and your scary red signs with a fist on it, and go home...)
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To: tsowellfan
Knowing what we know now after 3 years of Obama. Since half of Bush's second term was spent as a lame duck because of the 2006 election results, do you think this nation would have been better off today if Kerry had won in 2004?

If Kerry had won in 2004, that might have led to a conservative awakening in 2006, somewhat like what happened in 1994. Further, even if the Democrats had managed to stonewall any attempts at reforming FannieMae/FreddyMac (as they did under Bush), at least they'd be stuck taking the blame for it. On the other hand, gutless RINOs might have let the Democrats blame the GOP, much as they do today, causing the country to get into just as big a mess as it's in today. Hard to say.

33 posted on 06/08/2012 5:02:59 PM PDT by supercat (Renounce Covetousness.)
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