Free Republic
Browse · Search
News/Activism
Topics · Post Article

I'm going to isolate some of these in the hopes that someone else around here has the info. I want to be able to send this to some people!

CONGRESSWOMAN BACHMANN: And we're breaking this story on your radio show is that one way the banks could satisfy their requirement under the Community Reinvestment Act is they could partner with ACORN. So a bank could either make a cash donation to ACORN, they could give equipment donations or they could work with ACORN to provide these loans to people who are poor credit risks.

Link?

Here you have the federal government demanding that banks lower their lending standards. And as a threat to these banks the federal government says we're putting you out of business unless you make these bad loans. But one way you can satisfy your Community Reinvestment Act rating, because you have to get a certain score, one way you could satisfy your score, give money to ACORN.

Link?

CONGRESSWOMAN BACHMANN: The biggest trick is going to be played on the American people. When the clock strikes midnight, Glenn, on October 31st, the spigot turns back on for federal money flowing to ACORN. They were only defunded to this month.

Link?

CONGRESSWOMAN BACHMANN: Oh, no, that's true. An, an economist from Arizona State University has calculated that since the inception of bailout nation, we have seen the federal government own or control 30% of private business profits.

Link?

Now mind you, I don't want anybody around here to misunderstand. MB is awesome. So awesome. She's bringing this info to us. We need more people like her and Beck to help protect our liberties.

I'm just doing this because we need to get the word out and having multiple links at our disposal is a great way to accomplish that. I'm hoping that other conservative media outlets will pick up on all of this and help expose it.

1 posted on 10/14/2009 1:03:18 PM PDT by Halfmanhalfamazing
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-32 next last
To: Jet Jaguar

Jet, check out these four items:

1: CONGRESSWOMAN BACHMANN: And we’re breaking this story on your radio show is that one way the banks could satisfy their requirement under the Community Reinvestment Act is they could partner with ACORN. So a bank could either make a cash donation to ACORN, they could give equipment donations or they could work with ACORN to provide these loans to people who are poor credit risks.

2: Here you have the federal government demanding that banks lower their lending standards. And as a threat to these banks the federal government says we’re putting you out of business unless you make these bad loans. But one way you can satisfy your Community Reinvestment Act rating, because you have to get a certain score, one way you could satisfy your score, give money to ACORN.

3: CONGRESSWOMAN BACHMANN: The biggest trick is going to be played on the American people. When the clock strikes midnight, Glenn, on October 31st, the spigot turns back on for federal money flowing to ACORN. They were only defunded to this month.

4: CONGRESSWOMAN BACHMANN: Oh, no, that’s true. An, an economist from Arizona State University has calculated that since the inception of bailout nation, we have seen the federal government own or control 30% of private business profits.


2 posted on 10/14/2009 1:05:32 PM PDT by Halfmanhalfamazing ( Those who have never failed work for those of us who have. - Henry Ford)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

She should run with Palin. They make a perfect pair. PERFECT philosophically, intellectually and esthetically!!

Conservative women are always so beautiful. Liberal women always look like ..... well.


3 posted on 10/14/2009 1:05:44 PM PDT by ZULU (God guts and guns made America great. Non nobis, non nobis Domine, sed nomini tuo da gloriam.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nutmeg; Jeff Head; bamahead

Ping


5 posted on 10/14/2009 1:08:00 PM PDT by EdReform (The right of the people to keep and bear Arms shall not be infringed *NRA*JPFO*SAF*GOA*SAS*CCRKBA)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

The B.O. administration and Dem Congress are counting on an uninformed and apathetic citizenry that will fail to hold them accountable. Let’s show them they are wrong and that they WORK FOR US!!!!! DEFUND ACORN! AND WHILE YOU’RE AT IT, DEFUND PLANNED PARENTHOOD!!!


8 posted on 10/14/2009 1:12:53 PM PDT by Faith
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

I just went to http://www.michelebachmann.com/#
and donated. We have to start putting our money where our mouth is if we are going to take this country back.
We have to give - be it 5, 10, or 20 dollars - to people that will stand up for “we the people!”


9 posted on 10/14/2009 1:17:13 PM PDT by thefoundersrock (did you ever think you'd live to see the days...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

GLENN: We’re looking into it. My researchers say it’s never been done before. They are voting on a red line piece of paper, something that is all marked up. It’s not even actually written down.


This is just like that Peace Prize. It’s a preparation mandate and “community organizing” for fascism after it all breaks down economicaly, choked by legal shenanigans.


14 posted on 10/14/2009 1:21:27 PM PDT by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

Bachmann is taking over Sarah’s role as the libs’ most hated.

She is just great!


16 posted on 10/14/2009 1:28:17 PM PDT by nhwingut (The media's love affair with Obama reminds me of a dog humping a telephone pole.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

CONGRESSWOMAN BACHMANN: And we’re breaking this story on your radio show is that one way the banks could satisfy their requirement under the Community Reinvestment Act is they could partner with ACORN. So a bank could either make a cash donation to ACORN, they could give equipment donations or they could work with ACORN to provide these loans to people who are poor credit risks.

Link?

Here you have the federal government demanding that banks lower their lending standards. And as a threat to these banks the federal government says we’re putting you out of business unless you make these bad loans. But one way you can satisfy your Community Reinvestment Act rating, because you have to get a certain score, one way you could satisfy your score, give money to ACORN.


I thought all this was common knowledge. At least when I worked in a bank it was common knowledge. Often I would have to go over to a bank branch in a bad part of town and take loan applications. The banks had to either take so many applications and approve a percentage or they had to invest money into that district for improvements to the area.

They had an outstanding rating:
http://www.usbank.com/about/community_relations/pdf/2004CommunityAnnualReport.pdf


17 posted on 10/14/2009 1:29:58 PM PDT by EBH (it is the Right of the People to alter or to abolish it, and to institute a new Government)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing
Upon further digging, I think i found one of the answers:

Bachmann surprises Beck with stat on government piece of economy pie

18 posted on 10/14/2009 1:30:03 PM PDT by Halfmanhalfamazing ( Those who have never failed work for those of us who have. - Henry Ford)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

This was a TV show, how do you expect to have a frickin’ link? Why don’t you try to go to her website and see if she has links and sources before getting on FR with you idiotic comments about links?


20 posted on 10/14/2009 1:36:10 PM PDT by calex59
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

http://www.nhi.org/online/issues/90/success.html

Covers the top community organizations that banks invest in too.


21 posted on 10/14/2009 1:38:43 PM PDT by EBH (it is the Right of the People to alter or to abolish it, and to institute a new Government)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

Sometime after the TARP bill was passed, I saw an article on one of the blogspots that had a screenshot of, I believe it was Bank of America’s website that listed the TARP funds they received, and it showed a donation to ACORN, either $20 or $200 million!

I wish I could find it now to send in my fax to my representative and senators regarding ACORN funding.


25 posted on 10/14/2009 2:00:30 PM PDT by RowdyFFC (Nancy Pelosi...please deny her any health care....)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing
Printed-out-so-a-copy-can-be-pinned-to-the-bodies Ping!


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

26 posted on 10/14/2009 2:01:56 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

I would vote for this conservative woman anytime for any office, if I lived in Minnesota.

That is, unless she ran for a national office...then I could for sure! :D


29 posted on 10/14/2009 2:28:47 PM PDT by luvie (2010 is Conservatives' to win....or lose. So....LET'S WIN!!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: EdReform; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...
Here you have the federal government demanding that banks lower their lending standards...putting you out of business unless you satisfy your Community Reinvestment Act rating...one way you could satisfy your score, give money to ACORN... You work with ACORN, you're good with us, says the federal government

The Federal Government can now be officially classified as an extortion racket.



Libertarian ping! Click here to get added or here to be removed or post a message here!
(View past Libertarian pings here)
30 posted on 10/14/2009 2:41:01 PM PDT by bamahead (Avoid self-righteousness like the devil- nothing is so self-blinding. -- B.H. Liddell Hart)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

http://hubpages.com/hub/Who-Put-up-the-Bonds-to-release-IRS-Leins-on-ACORNhmmm

Now we find this little ditty...ACORN, SEIU, CCI, tax liens started paying off in 2008 after the banks started donating money they received from TARP money.


31 posted on 10/14/2009 2:41:59 PM PDT by RowdyFFC (Nancy Pelosi...please deny her any health care....)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing

I like much of what she said, but I’m tired of the ‘Banks are the Poor Victims’ story. They are in bed with the government and both pretend otherwise.


33 posted on 10/14/2009 3:03:52 PM PDT by DeuceTraveler (Freedom is a never ending struggle)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing
And again that's because banks had to figure out some way to satisfy the federal government's demands and so if they, you know, if they were nervous about making loans to very to people with very shaky credit, one thing they could also do is give money to ACORN.

This is a recurring theme with the public/private "alphabet soup" organizations. Jackson's Rainbow PUSH will blacklist a party for supposed racial discrimination, but they can be stricken from the list if they donate to Jackson. The SPLC will similarly threaten to libel people and organizations in their publications, but that shadow too will pass if Dees is placated with funding and the promise to partner with them in sponsoring their "training" programs. I just wonder if they are all operating under some franchised business model.

36 posted on 10/14/2009 3:46:12 PM PDT by Brass Lamp
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing
These bastards.

It really is getting time for pitchforks and torches...

37 posted on 10/14/2009 3:54:08 PM PDT by Gritty (The Democrat Party is a poxed whore for whom no condom is thick enough. It's a death trip-Vanderleun)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Halfmanhalfamazing
When the clock strikes midnight, Glenn, on October 31st, the spigot turns back on for federal money flowing to ACORN

This is criminal !

Soon the congressional approval rating will sink into the single digits.

38 posted on 10/14/2009 4:01:48 PM PDT by topfile
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-32 next last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson