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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
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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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