Posted on 09/21/2009 10:06:51 PM PDT by Liz
A tangled web of ACORN affiliates amassed a real estate empire worth at least $50 million, owns or manages nearly 1,500 housing units and collects an estimated $5.7 million in rents, fees and profits from sales. The properties are controlled by an opaque collection of nonprofits, holding companies and development funds w/ generic names: 385 Palmetto Street Housing Development Fund or the Mutual Housing Association of NY, hiding ties to ACORN conglomerates.....the income supports at least 18 local ACORN affiliates largely based at 2-4 Nevins St, Brooklyn, an address ACORN shares with the left-of-center political entity--the Working Families Party. NY ACORN Housing Company was caught in a video sting giving shady financial advice to two activists posing as a pimp and prostitute. 10 ACORN directors hold leases in ACORN-owned buildings ranging in value from $5,900 to $11,000 annually. Six ACORN directors owed a total of $8,700 in rent as of June 2008, according to a recent filing.
(Excerpt) Read more at nypost.com ...
U.S. Department of Housing and Urban Development
451 7th Street S.W., Washington, DC 20410
Telephone: (202) 708-1112 TTY: (202) 708-1455
WEB SITE http://www.hud.gov/subscribe/mailinglist.cfm
BERTHA'S RUNNING SCARED Spokesman Bertha Lewis ACORN CEO (seen on Fox News Sunday) is looking to move her operations from New Orleans to NY. "They want to relocate, so that Bertha, a Brooklynite, can consolidate her power," said an ACORN whistleblower. Former ACORN employee Marcel Reid, the whistleblower, asked the Dept of Justice to investigate ACORN'S "mysterious" finances. Reid is an ACORN insider---this could get interesting.
Some delicious “meows” here
How does that compare to the other rents in the same buildings?
Bookmark
Good point.
How can this be? If it was true the NYSlimes, WaPost and NPR would report it....
What? They are compliant?
They are all involved up to their eyebrows, including laundering this worthless loans, bundling them up as secure long term investment certificates through Freddy Mac and selling them on the world markets. This is the Republican's holy grail of corruption that can bring the entire RAT house down, and have Opama impeached or even worse, much like the Democrats tried to do with the Valary Lame outed spy BS.
FReep mail me if you want on/off the list.
The Politico entry from Ben Smith linked above reports that the (cough, cough) “Independent Advisory Council” consists of the following eight members:
* John Podesta, President and CEO, Center for American Progress
* Kathleen Kennedy Townsend, Board Member, RFK Foundation, former MD Lt. Governor
* Andrew Stern, International President, Service Employees International Union
* Henry Cisneros, Executive Chairman, Cityview
* John Banks, Vice President of Government Relations Con Ed
* Eric Eve, Senior VP of Global Consumer Group, Community Relations, Citigroup
* Harvey Hirschfeld, President, Lawcash
* Dave Beckwith, Executive Director, Needmor Fund
5.7 mission gross on 50 million in assets is not a very good return. It looks like the tax cheats are not very good business men either,
MAGGIEF: A Politico entry from Ben Smith linked below reports that the ACORN Independent Advisory Council consists of eight members.
ACORN Independent Advisory Council
* John Podesta, President and CEO, Center for American Progress
* Kathleen Kennedy Townsend, Board Member, RFK Foundation, former MD Lt. Governor
* Andrew Stern, International President, Service Employees International Union
* Henry Cisneros, Executive Chairman, Cityview
* John Banks, VP of Govt Relations, Con Ed (utility lobbyist)
* Eric Eve, Senior VP of Global Consumer Group, Community Relations, Citigroup
* Harvey Hirschfeld, President, Lawcash
* Dave Beckwith, Executive Director, Needmor Fund
SOURCE http://newsbusters.org/blogs/tom-blumer/2009/09/21/acorn-independent-advisory-council-member-stern-lets-loose-acorns-critic
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NOTE the cabal of tax-exempt, non-profits (which the IRS has designated as the locus classicus for money laundering and tax evasion). All of these need to be investigated at once.
ACTION NOW We need to put all liberal tax-exempt, non-profit groups under the IRS microscope.
DO THIS : Contact the IRS Criminal Investigations Division (IRS-CI) (CALLERS CAN REMAIN ANONYMOUS)
>> To report suspected tax fraud activity, Tele toll-free 1-800-829-0433
>> To report suspected tax law violations, Tele toll-free 1-800-829-0433
MISSION STATEMENT The IRS-CI mission is to follow the money. No matter the source, all income earned, both legal and illegal, has the potential of becoming involved in crimes. The IRS-CI utilizes the broad authority of Title 26 and 31, tax, currency reporting and forfeiture and Title 18 money laundering, conspiracy and forfeiture to identify, investigate and prosecute the most significant tax, currency and money laundering offenders; and to pursue the assets of those offenders both domestically and internationally for criminal tax and asset forfeiture purposes.
Contact the IRS when you suspect :
> Abusive Tax-exempt Non-profit Schemes
> Unscrupulous Tax Return Preparers
> Frivolous filers/non-filers who challenge the constitutionality of the American tax system
> Income Tax Evasion
> Failure to File
> Filing False Returns
> Frivolous filers/non-filers who challenge the constitutionality of the American tax system
> Employment Tax Cases
> Claims for Fraudulent Refunds
> Illegal Source Financial Crimes (Money obtained illegally or through fraud)
> Narcotics Related Financial Crimes
> Money Laundering
The IRS is also interested in leadership and members of groups involved in tax, money laundering, or currency violations and persons engaged in fundraising activities using tax exempt organizations, and complex, extensive or convoluted financial transactions.
ALSO FIGURING IN ALL OF THIS:
(1) Dale and Wade Radke, brothers who run ACORN clone, SEIU (one bro embezzled $1M from ACORN)).
(2) The Apollo Alliance (exposed by Glenn Beck as the hidden hand that wrote the trillion dollar stimulus bill). The AA is a coalition of labor, business, environmental, and community leaders working to catalyze a clean energy revolution.
Don't worry about that....there's a lot of people watching their EVERY move.
9/12 REVOLUTION MARCHERS
Thanks
In order to smash the ACORN cabal, the DoJ would need a special nationwide task force, like they did with the Mafia (A Special Prosecutor alone couldn't do it all). And Eric Holder will do that when pigs fly.
So when the GOP gets the WH back, Holder should be the first person investigated for Obstruction of Justice. But the GOP that we know doesn't have that fight in them. They'd be afraid of being labeled as racists (dam pansies).
We already have a special nationwide task force (which is even global in scope)....... the internet.
ACORN can run but they can't hide.
Yep, we will snuff em out. We and Beck and his little helpers ;-)
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