Free Republic

Extortion: Just when we thought its post-crisis probe of banks couldn't get more corrupt, the Obama administration has cut radical Democrat groups in on the record $13 billion JPMorgan Chase subprime loan deal. On Page 5 of "Annex 2" of the recently released consent order, you'll find this little gem: The Justice Department mandates that JPMorgan fork over any unclaimed or unpaid consumer damages to a nonprofit group that finances Acorn clones and other shakedown groups. They stand to reap millions. The "consumer relief" portion of the deal by itself totals $4 billion. If the government "determines that a shortfall...

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans. The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama...

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans. The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama...

The Obama Administration has placed a large premium on what it calls “national service.” It has launched a website, www.Serve.gov, that is reported to act as a clearing house for Americans eager to “give back” to their communities. Unfortunately, Americans looking for an opportunity to volunteer may get something they weren’t expecting. By typing “ACORN” into the search field entitled “What interests you” at Serve.gov, you’re transported to allforgood.org where you can choose from a list of volunteer opportunities, including “healthcare activist.” This particular “volunteer” opportunity is with the Tuscon ACORN office:

Big Government has obtained copies of subpoenas issued last month to ACORN by the state of Louisiana. We are working to determine the status of this and other investigations. ACORN operates in 46 states. 45 more of these would move us much further towards full transparency and accountablity.

Breaking

Summary: The Association of Community Organizations for Reform Now (ACORN) has become America’s most prominent leftwing community group. Little-known until now, ACORN has played a major role in the subprime mortgage mess that has undermined Americans’ support for free market problem-solving and set off a worldwide chain of fi nancial troubles. It is also implicated in vote fraud schemes from coast to coast. ACORN aims to give America change that socialists can believe in – by any means necessary. It is deliberately organized to avoid scrutiny. But with an FBI probe underway, millions of dollars in back taxes owing, and...

LAS VEGAS — A prominent antipoverty organization that drew criticism from Republicans during last year’s presidential race was charged by Nevada officials Monday with engaging in voter registration fraud. Two former leaders of the group’s Nevada branch were also charged in connection with the submission of thousands of bogus voter registration forms. The organization, the Association of Community Organizations for Reform Now, or Acorn, is accused of paying canvassers only if they registered at least 20 voters per shift and providing bonuses of $5 for registering more than 21. Under Nevada law, it is illegal to attach incentives to such...

-snip- • Fact: Barack was never an ACORN trainer and never worked for ACORN in any other capacity. -snip-