Category Archives: Barney Frank

Ron Paul on Barney Frank panel for defense cuts, George Soros ties, Sustainable Defense Task Force, Institute for Policy Studies paper, Obama rule through executive orders

Ron Paul on Barney Frank panel for defense cuts, George Soros ties, Sustainable Defense Task Force, Institute for Policy Studies paper, Obama rule through executive orders

(Highlighting by Citizen Wells)

From FrontPageMag.com January 2, 2012.

“Ron Paul’s Soros Defense Plan”

“It was recently observed that Ron Paul was to the left of Obama on national security and the best evidence for that statement can be found when one year ago Ron Paul joined forces with Barney Frank on a proposal to gut national defense via a panel of experts, quite a few of whom were tied to George Soros.

In July 2010, Barney Frank and Ron Paul co-authored a Huffington Post article rolling out their Sustainable Defense Task Force. The Task Force “consisting of experts on military expenditures that span the ideological spectrum” would recommend a trillion dollars in defense cuts. The experts, however, didn’t quite “span the ideological spectrum” — more like float under it.

The panel of experts who would decide how to best gut national defense featured such independent thinkers as William D. Hartung of the New America Foundation. Hartung’s main expertise was appearing in “Hijacking Catastrophe: 9/11, Fear & the Selling of American Empire.”

Then there was Lawrence J. Kolb of the Center for American Progress and Miriam Pemberton of the Institute for Policy Studies. If you want to know what the Center, the Foundation and the Institute all have in common, it’s Hungarian and smells like stale cabbage and the death of nations.

The rather creepy Institute for Policy Studies issued a paper proposing that Obama act as king and rule through executive orders. The New American Foundation is not only backed by Soros but has his son on its leadership council. The Center for American Progress is run by the co-chair of Obama’s transition team and is, for all intents and purposes, the think tank of the White House. All three are Soros funded.”
“But why would Ron Paul allow George Soros that much power and influence over America’s defense policy? There are a number of possibilities. There is the possibility that Ron Paul just didn’t know and didn’t bother to do his research. Which is not much of a recommendation for the job he’s running for. There’s another possibility that Ron Paul knew and didn’t care, that he had no objection to being part of a left-right alliance against the “American Empire” with Soros. But there’s also a third possibility.

During the previous election, Americans Against Escalation in Iraq (AAEI) ran an ad praising Ron Paul for his position against the war. AAEI was an umbrella group for MoveOn.org, the Center for American Progress, SEIU, Americans United For Change, the National Security Network and others in the progressive bestiary. A number of those beasties were Soros groups.

I’m not one to dabble in conspiracy theories, but when Soros pays for an ad praising you during the Republican primaries and then you put his experts in charge of America’s defense policy, then maybe some questions should be asked.”

Read more:

http://frontpagemag.com/2012/01/02/ron-pauls-soros-defense-plan/

From The Hill July 11, 2010.

“Panel commissioned by Barney Frank recommends nearly $1T in defense cuts”

“A panel commissioned by Rep. Barney Frank (D-Mass.) is recommending nearly $1 trillion in cuts to the Pentagon’s budget during the next 10 years.

The Sustainable Defense Task Force, a commission of scholars from a broad ideological spectrum appointed by Frank, the House Financial Services Committee chairman, laid out actions the government could take that could save as much as $960 billion between 2011 and 2020.

Measures presented by the task force include making significant reductions to the F-35 Joint Strike Fighter program, which has strong support from Defense Secretary Robert Gates; delaying the procurement of a new midair refueling tanker the Air Force has identified as one of its top acquisition priorities; and reducing the Navy’s fleet to 230 ships instead of the 313 eyed by the service.
Shipbuilding has strong support in the congressional defense committees, which write the Pentagon bills. Efforts to reduce the number of ships would run into resistance from the Pentagon and the shipbuilding lobby.

Frank on Friday warned that if he can’t convince Congress to act in the “general direction” of the task force recommendation, “then every other issue will suffer.” Not cutting the Pentagon’s budget could lead to higher taxes and spending cuts detrimental to the environment, housing and highway construction.

The acceptance of the recommendations would depend on a “philosophical change” and a “redefinition of the strategy,” Frank said at press conference on Capitol Hill.

He said the creation of the deficit reduction commission offers the best opportunity for the reduction recommendations. Frank wants to convince his colleagues to write to the deficit reduction commission and warn that they would not approve any of the plans suggested by the commission unless reduction of military spending is included.

The task force has looked at various options to trim the Pentagon’s budget in order to reduce the deficit. Those include a reduction in Army and Marine Corps end-strength by cutting back on personnel stationed in Europe and Asia; and rolling back Army and Marine Corps personnel as the wars in Iraq and Afghanistan end.

The panel also looked into reforming military compensation, which could save about $55 billion; saving $60 billion by reforming the military healthcare system; and reducing recruiting expenditures once the wars wind down to preserve about $5 billion.

All of these recommendations would be expected to engender congressional opposition.

The task force also suggested canceling the V-22 Osprey program and the Marine Corps’s troubled Expeditionary Fighting Vehicle.

The U.S. nuclear arsenal would also be on the chopping block, under the panel’s suggestions.

The task force recommends reducing the U.S. nuclear warhead total to 1,050.

Launchers would include 160 Minuteman missiles and seven Ohio-class submarines with 24 missiles (each with five warheads).

The panel also recommends retiring the Air Force bombers — “the bomber leg of the nuclear triad,” which includes land-based missiles and nuclear submarines — and ending work on the Trident II missile.

Frank acknowledged Friday that making cuts to the military’s healthcare system, known as Tricare, would be a “non-starter” with his congressional colleagues. But he said that suggestions on how to handle the nuclear arsenal and missile defense could get a “great deal” of support on the Hill.

Frank requested the creation of the task force in cooperation with Reps. Walter Jones (R-N.C.) and Ron Paul (R-Texas) and Sen. Ron Wyden (D-Ore.).

The Project on Defense Alternatives coordinated the work of the task force, which included the following members: Carl Conetta, Project on Defense Alternatives; Benjamin Friedman, Cato Institute; William Hartung, New America Foundation; Christopher Hellman, National Priorities Project; Heather Hurlburt, National Security Network; Charles Knight, Project on Defense Alternatives; Lawrence J. Korb, Center for American Progress; Paul Kawika Martin, Peace Action; Laicie Olson, Center for Arms Control and Non-Proliferation; Miriam Pemberton, Institute for Policy Studies; Laura Peterson, Taxpayers for Common Sense; Prasannan Parthasarathi, Boston College; Christopher Preble, Cato Institute, and Winslow Wheeler, Center for Defense Information.”

http://thehill.com/homenews/house/102677-panel-commissioned-by-barney-frank-recommends-nearly-1t-in-defense-cuts-to-close-deficit

From WND, World Net Daily, November 8, 2010.

“SOROS GROUP WANTS OBAMA TO RULE BY EXECUTIVE ORDER”

“It was progressives who won the mid-term elections, particularly incumbents in a socialist-founded congressional caucus that emerged from last week’s ballots virtually unscathed, boasted an article published by the George Soros-funded Institute for Policy Studies, a Marxist-oriented think-tank in Washington, D.C.

The article recommends that President Obama govern from executive order to push through a progressive agenda.
“Progressives won in the 2010 mid-term elections,” wrote Karen Dolan, a fellow at the Institute for Policy Studies, or IPS, and director of the Cities for Progress and Cities for Peace projects based at the radical organization.

“The Congressional Progressive Caucus, the largest caucus in the House Democratic Caucus at over 80 members, emerged virtually unscathed, losing only three members,” she wrote, in the piece published on the IPS website.

“By contrast, the conservative Blue Dog Democratic caucus was more than sliced in half from 54 members to only 26. Further, of the 34 conservative Dems who voted against Obama’s Healthcare Reform, a mere 12 won re-election,” she wrote.

Dolan declared that “our work is now finally beginning.”

“The veil of a happy Democratic governing majority is finally lifted. We didn’t have it then; We don’t have it now. But what we do have now is a more solidly progressive bunch of Dems in Congress and a president presumably less encumbered by the false illusion that playing nice will get him a date with the other team.”

She went on to recommend that progressives “throw our support unabashedly behind the Congressional Progressive Caucus, and let’s push Obama to finally do the right thing through as many Executive Orders as we can present to him.””

http://www.wnd.com/2010/11/225829/

 

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Obama bank failure policies, ACORN, Penny Pritzker, Cellini trial witness Rosenberg dredges up old memories, Capri Capital, Where is House Judiciary Committee?

Obama bank failure policies, ACORN, Penny Pritzker, Cellini trial witness Rosenberg dredges up old memories, Capri Capital, Where is House Judiciary Committee?

“During its 15 years in New York City, ACORN has helped squatters claim derelict city-owned property, forced bankers to invest in low-income communities, and organized a war against the city’s workfare program.

It’s also developed a reputation for no-holds-barred tactics—getting results through adversarial campaigns against bankers, politicians and bureaucrats using confrontation and concession rather than consensus.”…ACORN document, February 1999

“There is enough corruption in Illinois so that all it takes is someone who is serious about finding it to uncover it. If a U.S. attorney is not finding corruption in Illinois, they’re not seriously looking for it.”…Northwestern Law Professor James Lindgren

I was doing some research on Obama’s ties to Capri Capital and Tom Rosenberg, the subject of the Cellini Indictment, when I came across an old article about Obama’s past. I am not finished with Obama’s involvement in the IL Teachers Retirement System, TRS, corruption, but since the Occupy Wall Street, et al folks are focusing their energy on Bankers and such instead of the real culprits, Obama et al, it is appropriate  to do so.

From The Common Conservative October 1, 2008.

“Obama’s Links to Real Estate Scandals, Bank Failures, and Rezko Far Deeper”

“If there is one thing Obama has been very good at, it’s been covering
his tracks. This time, I believe I have made a link that is undeniable
to his knowledge and possible participation in the real estate
dealings and the corruption in Chicago. His links to not so savory
individuals and friends have supported almost every attempt for
political office he has ever made. It is amazing how someone who came
from nowhere has risen to the position of power in such a short time.
He stands to lose much, if Tony Rezko actually tells all he knows as
his Federal sentence is about to be imposed. Possibly he is playing
“lets make a deal” in exchange for bringing down the house on Chicago
real estate ventures at public expense. Everywhere you turn, the major
players are tied directly to Sen. Obama.

First, let’s start with the Superior Bank in Chicago. That bank failed
directly under the control of Penny Pritzker. She is Obama’s Campaign
Finance Chairman and has been instrumental in raising millions for his
campaign. The regulators closed Superior Bank in 2001 because of a
vast number of sub-prime mortgage loans. She took over a failed
savings and loan in 1988 and it was renamed Superior Bank.

During the years of that Obama was actively in Chicago as a community
organizer, one interesting person comes into the picture. Stanley
Kurts reports this in his N.Y. Post article:

ONE key pioneer of ACORN’s subprime-loan shakedown racket was Madeline
Talbott – an activist with extensive ties to Barack Obama. She was
also in on the ground floor of the disastrous turn in Fannie Mae’s
mortgage policies.

Long the director of Chicago ACORN, Talbott is a specialist in “direct
action” – organizers’ term for their militant tactics of intimidation
and disruption. Perhaps her most famous stunt was leading a group of
ACORN protesters breaking into a meeting of the Chicago City Council
to push for a “living wage” law, shouting in defiance as she was
arrested for mob action and disorderly conduct. But her real legacy
may be her drive to push banks into making risky mortgage loans.

In February 1990, Illinois regulators held what was believed to be the
first-ever state hearing to consider blocking a thrift merger for lack
of compliance with CRA. The challenge was filed by ACORN, led by
Talbott. Officials of Bell Federal Savings and Loan Association, her
target, complained that ACORN pressure was undermining its ability to
meet strict financial requirements it was obligated to uphold and
protested being boxed into an “affirmative-action lending policy.” The
following years saw Talbott featured in dozens of news stories about
pressuring banks into higher-risk minority loans.

IN April 1992, Talbott filed an other precedent-setting com plaint
using the “community support requirements” of the 1989
savings-and-loan bailout, this time against Avondale Federal Bank for
Savings. Within a month, Chicago ACORN had organized its first “bank
fair” at Malcolm X College and found 16 Chicago-area financial
institutions willing to participate.

Two months later, aided by ACORN organizer Sandra Maxwell, Talbott
announced plans to conduct demonstrations in the lobbies of area banks
that refused to attend an ACORN-sponsored national bank “summit” in
New York. She insisted that banks show a commitment to minority
lending by lowering their standards on downpayments and underwriting –
for example, by overlooking bad credit histories.

By September 1992, The Chicago Tribune was describing Talbott’s
program as “affirma- tive-action lending” and ACORN was issuing fact
sheets bragging about relaxations of credit standards that it had won
on behalf of minorities.

And Talbott continued her effort to, as she put it, drag banks
“kicking and screaming” into high-risk loans. A September 1993 story
in The Chicago Sun-Times presents her as the leader of an initiative
in which five area financial institutions (including two of her former
targets, now plainly cowed – Bell Federal Savings and Avondale Federal
Savings) were “participating in a $55 million national pilot program
with affordable-housing group ACORN to make mortgages for low- and
moderate-income people with troubled credit histories.”

What made this program different from others, the paper added, was the
participation of Fannie Mae – which had agreed to buy up the loans.
“If this pilot program works,” crowed Talbott, “it will send a message
to the lending community that it’s OK to make these kind of loans.”

This was exactly the time frame Superior Bank was very active in the
sub-prime lending and no doubt, Obama knew exactly who Penny Pritzker
was and her involvement in the ACORN sponsored lending practices.
Another direct link early on to Obama is with another foundation that
Pritzker in involved in. Pritzker is very much involved in the reform
of Chicago’s public education system. Currently she is vice chair of
the Chicago Public Education Fund, the successor organization to the
Chicago Annenberg Challenge, which is the same Board Sen. Obama served
with William Ayers.

Obama no doubt needed the financial backing of the Pritzker’s. They
are the owners of the Hyatt Hotel chain and Obama had inside
connections.  David Mendell recalled in his 2007 book Obama: From
Promise To Power:
“Obama was confident that he was destined for more than a day job
running a foundation or practicing law or languishing in the minority
party in the Illinois senate…He invited a group of African-American
professionals to the house of Marty Nesbitt, who had served as finance
chairman of his congressional campaign. Nesbitt is…vice-president of
the Pritzker Realty Group, part of the Pritzker family empire…Nesbitt
arranged a weekend gathering to help Obama reach inside the deepest
pockets he knew—those of the Pritzker family…

“…Nesbitt knew that if Obama could sell himself to Penny Pritzker, her
support would not only reap huge immediate financial dividends but
also be a crucial step in the foundation of a fund-raising network.

“So in late summer 2002, Obama, Michelle [Robinson-Obama] and their
two daughters drove to Penny Pritzker’s weekend cottage along the
lakefront in Michigan about forty-five minutes from Chicago…”

Also notice this report from WNBC in New York:

On Feb. 10, 2007, Senator Barack Obama launched his bid for the White
House in Springfield, setting himself on a course that has become one
for the history books. But Obama might not have made it even to the
Old State Capitol Building that frigid day if not for a private
meeting he had with friends and advisers in late 2002 as he was
mulling a run for the U.S. Senate. In a South Side high-rise
overlooking the lake, the junior state senator vetted his lofty
political ambitions with a group of Chicago’s African American
business elite that included Frank M. Clark Jr., Valerie B. Jarrett,
Quintin E. Primo III, James Reynolds Jr., and John W. Rogers Jr.

Remember the name Quintin E. Primo III, as he is CEO of Capri Capital
in Chicago. Capri Capital will reemerge later in this article as they
have direct ties to Obama, Pritzker, and also direct ties to Rezko.

Also during the time frame that Fannie Mae and Freddie Mac were buying
sub-prime mortgages, Franklin Raines was CEO of this institution from
1998- 2004. It was during this time, Superior Bank was in real trouble
and under scrutiny from regulators. Pritzker assured regulators there
was nothing wrong, and no doubt, she had to have known Franklin
Raines. Her bank was using Fannie Mae funds since the largest book of
their business was in sub-prime lending. Finally, in December 2004,
Mr. Raines was forced to resign because the Office of Federal Housing
Enterprise Oversight (OFHEO), the regulating body of Fannie Mae, of
abetting widespread accounting errors, which included the shifting of
losses so senior executives, such as himself, could earn large
bonuses.

Another interesting connection to Pritzker is from the Chicago
Community Loan Fund published in 2006:

 Bank is financing partner
CCLf had the resources to make a $1 million loan for the first time in
its history in 2005, thanks in large part to a $3 million loan pool
investment from Charter One Bank. Charter One’s investment in CCLF was
part of a record-setting infusion of new investment capital in 2005.

In fact, CCLF’s partnership with Charter One and the Historic
Pacesetter Limited Partnership is now multi-faceted: the bank plans to
provide a portion of the financing for the project’s construction.

Then we take a look at Sen. Obama’s request for earmark requests for
2005 and we find a very interesting request:

Obama Requested $2.5 Million (And An Additional $ 5 Million Over Two
Years) For A Pacesetter Redevelopment Program In The Village Of
Riverdale.  I2 2005, Obama requested $2.5 million for the Village of
Riverdale and their Pacesetter Redevelopment Program.  The
redevelopment of the Pacesetter neighborhood is essential to the
successful industrial development in Riverdale. The Pacesetter
neighborhood is adjacent to Riverdale’s industrial redevelopment area.
The poor quality of housing, crime and image that the neighborhood
portrays must be changed in order to make the Village’s overall
efforts a success.  Pacesetter Redevelopment, Phase I, would be
comprised of approximately 100 units and cost approximately $22
million. It is proposed that all of the units in this first phase be
rehabilitated. The development team would acquire these properties
from individual landowners. The plan is to control all properties
along Lowe Avenue by the end of 2005. By location and number, these
properties would create the critical mass required for economic
feasibility, while providing a development of sufficient size to make
a visible impact.  The Village is seeking an initial investment in the
project of $5 million over a period of two federal fiscal years.
[Obama Request Letter to the Senate Appropriations Subcommittee on
Transportation, Treasury, the Judiciary, HUD & Related Agencies,
11/6/05]

The Pacesetter funding by Charter One Bank and the Obama earmark
request are not so coincidental. Charter Bank is the same bank that
took over the Superior Bank assets in 2001. From the FDIC:

FDIC APPROVES SALE OF
SUPERIOR FEDERAL BANK, FSB, HINSDALE, ILLINOIS

FOR IMMEDIATE RELEASE
PR-78-2001 (10-31-2001)  Media Contact:
David Barr (202) 898-6992

The Board of Directors of the Federal Deposit Insurance Corporation
(FDIC) approved the sale of the branches and deposits of Superior
Federal Bank, FSB. The winning bidder is Charter One Bank, FSB,
Cleveland, Ohio.

Superior Federal Bank, FSB is the conservatorship established by the
FDIC after the Office of Thrift Supervision closed Superior Bank, FSB
on July 27, 2001. Charter One has agreed to pay the FDIC a premium of
$52.4 million to assume the 17 locations and the $1.1 billion of
deposits held in conservatorship.

In addition to assuming all the deposits, Charter One is acquiring
approximately $45 million of Superior’s assets. These assets consist
mainly of home equity lines of credit, overdrafts assigned to each
branch location, cash and cash equivalents.

Now one has to wonder exactly how Sen. Obama’s request, which was
apparently denied or died on a Bill, was then funded by Charter One
Bank. Penny Pritzker was Obama’s big money and fundraiser for his
Senate campaign and also was directly responsible for Superior Banks
failure. This is no coincidence, or if it is, it surely raises red
flags to the possibility of influence peddling by the Obama camp or
even Sen. Obama directly. Read the FDIC press release. There were $45
million of home loans, and most were sub-prime loans. Questions need
to be asked regarding if Sen. Obama was able to pull a few strings
with Fannie Mae to get these loans spread to other sources of funding
in exchange to lending the project funds.

Once we look into the Rezko trial, we find something very interesting
once again. Rezko was convicted of of six counts of mail fraud, six
counts of wire fraud, two counts of money laundering and two counts of
abetting bribery. He was acquitted on eight counts, including a charge
he tried to extort as much as $2 million from Lakeshore Entertainment
Group founder and former Capri Capital principal Thomas Rosenberg, who
testified against him at trial.

Once again we find Penny Pritzker having ties to Capri Capital as they
both serve on the Boards of The Real Estate Roundtable with Ms.
Pritzker as it’s Treasurer as late as March, 2008. Much of there
efforts have been to lobby for many changes in real estate and real
estate funding laws. One letter was directly to Sen. Chris Dodd
requesting changes in allowing the Federal Reserve to purchase loans
and asset-backed securities, identically the type of securities being
sold by Fannie Mae/Freddie Mac to Wall Street. Bear in mind that Ms.
Pritzker is President of Pritzker Reality Group L.P.

Another place we find Capri Capital is in the CCLF (above). In their
2006-2007 Annual Report, we find that Capri is listed as one of the
Sponsors. Also we find that CCLF was also funded by Fannie Mae as
well. All of these funds are directed primary at the
Riverdale/Pacesetter project.

The Rezko/Pritzker connection goes deep and finding the link hasn’t
been easy. On October 1, 2006, Daley appointed Martin Nesbitt
chairperson of the Chicago Housing Authority. The CHA was created for
“the purposes of engaging in the development, acquisition, leasing,
operation, and administration of a Low Rent Housing Program and other
federally assisted programs,” according to the agency’s 2005 annual
financial report.”

Read more:

 http://thecommonconservative.com/?p=161

Where is the House Judiciary Committee?

Occupy Greensboro protest, Saturday October 15, 2011, Downtown Greensboro NC, Government and institutions for sale to the highest bidder

Occupy Greensboro protest, Saturday October 15, 2011, Downtown Greensboro NC, Government and institutions for sale to the highest bidder

The crowd at Occupy Greensboro was a fairly diverse group of people very different from the bulk of attendees at the Occupy Wall Street protest in NY City. Many of the Tea Party folks would have felt at home with signs blaming government. Of course the Che Guevarra flag  would not have been so inviting. I  am still watching the union and Obama camp involvement in NC and will continue to monitor it. Recently the ACLU was spotted near the University of NC at Greensboro with petitions against some form of job discrimination in NC. What they failed to mention is that NC is a right to work state. An employee can be fired for any reason. This keeps the unions out and companies in the state.

Morgan Freeman and other racists, most of the people in attendance were white since, duh, the majority of the population is.

From the Greensboro News Record October 15, 2011.

“When the Occupy movement that began on New York’s Wall Street comes to downtown Greensboro today, it will come with a head of steam that’s been building for weeks.

Organizers and supporters of Occupy Greensboro say the protests of economic inequity happening across the country inspired them to put together a local event.

Organizers say it also inspired them to do it the right way.”

“The group rented space at the park and the neighboring YWCA parking lot to avoid the standoff with police that happened at Occupy events in Boston and New York.

“The city greatly reduced its rental fee for us — from $700 a day to I believe around $200,” Wright said. “And we’ll have the YWCA parking lot for camping, which is private property.”

Initially, some in the group argued protesters should simply occupy the park without paying rent — under the theory there would be too many people for police to eject.

“In the end, we decided it was more important to have a good relationship with the city and the police,” Wright said.

Wright, a 29-year old who coaches lacrosse at Grimsley High and Wake Forest, said this is the first protest movement in which he’s taken part.”

Read more:

http://www.news-record.com/content/2011/10/14/article/occupy_organizers_want_family_event

From the Greensboro News Record October 16, 2011.

“Hundreds of protesters surrounded the Bank of America building downtown Saturday afternoon as part of the “Occupy Greensboro” protest.

“Banks got bailed out, we got sold out,” they chanted to the beat of a marching drum corps, raising handmade signs and unfurling banners.

“Lobbyists Eat the Constitution for Breakfast” read one.

“Eight Years of College and Laid off Twice,” another read. “Where’s My Bailout?”

Those who marched from the Phill G. McDonald Plaza to Festival Park said they were inspired by the movement that began on New York’s Wall Street and has spread all over the world.

Police Chief Ken Miller, who oversaw his officers at Festival Park and spent some time chatting with protesters, estimated the crowd at about 600.

Organizers had expected between 500 and 1,000 people.

Some of the targets of the protest: fraud in the financial industry, economic inequality, and elected officials who protesters said serve donors and lobbyists rather than the American people.

“It’s hard to live in America today without coming to the conclusion that our government and all of our institutions are for sale to the highest bidder,” said Michael Duncan, 22.

Duncan said he was lucky to find a job in computer technical support after he graduated from college two years ago — many of his friends didn’t.

But he was laid off just a few months later as the company he worked for downsized. He found another job after a few months but was laid off again within a year.

“Our economy is on the verge of collapse,” Duncan said. “And it’s because of a housing bubble created by bankers and people on Wall Street who sold us a bill of goods, defrauded the American people and then were bailed out by our government along with a lot of other major corporations as average workers were laid off, their pay cut, and their houses foreclosed.

“Anyone who isn’t angry about that hasn’t been paying attention.”

The demonstration remained peaceful. No arrests were made as of Saturday night.

The event’s organizers worked closely with police and city officials to be sure the demonstration would be safe, family friendly and nonviolent.”

“A few area elected officials and political candidates also were among the crowd, including at-large Greensboro City Council candidate Marikay Abuzuaiter and Guilford County Register of Deeds Jeff Thigpen.

Thigpen’s crusade against mortgage fraud and improper documentation by major national banks in Guilford County has gotten national media coverage.

“The people who started this aren’t the protesters,” Thigpen said. “They’re on Wall Street and they ran our economy into the ground. I believe in an America where there isn’t one standard for banks and another standard for the rest of us.””

Read more:

http://www.news-record.com/content/2011/10/15/article/600_march_downtown

Jeff Thigpen, the Guilford County Register of Deeds, is a good guy and a friend of mine. He has been doing some good work in the area of “robo signatures” and circumventing of chain of title in mortgages. However, he continues to repeat the party line in terms of placing the majority of blame for the economy and housing crisis on the lenders. More guilty in this sham are people like Chris Dodd, Barney Frank, Maxine Waters and Barack Obama in sync with organizations like ACORN who pressured banks to make loans to unqualified and risky borrowers. Jeff, I will be discussing that with you soon.

Senate cloture vote, December 21, 2009, 1:00 AM ET, Harry Reid, Ben Nelson, $470 billion Medicare cuts, $548 billion in new taxes next year

Jeff Schreiber does a great job over at America’s Right. Here is a great article about the rape of America that just took place while most of us were sleeping. Thanks Jeff.

“Is This For Real?

It’s 11:15 p.m. on a Sunday night. I’m in a king-size hotel room bed in Athens, GA with a snoozing wife and a three-year-old who is still singing “he sees you when you’re sleeping, he knows when you’re awake” despite the long, fun-filled day she had. It’s late. And, yet, on one side of my sister-in-law’s fancy MacBook Pro is a live stream from the floor of the United States Senate.

It’s 11:15 p.m. on a Sunday night. And Florida Sen. Bill Nelson is speaking, right now, on the floor about the Senate’s health care reform bill, which will be voted on in a little less than two hours from now. He’s talking about how private insurance companies will be forced to spend 85 cents out of every dollar on patient health care costs. Where, may I ask, does our federal government have the authority to mandate the capital structure of private companies? Where?

Why else would the lights even be on in the Capitol building unless our government is up to no good? This is legislation which will not even come into effect until 2014, two years after the next presidential election, and yet the Democrats feel it so essential to work through the night as the last weekend before Christmas comes to a close?

Most of America is fast asleep. Most of the people whom these senators represent, even if they wanted to pay attention, are sawing logs (probably not literally, though I’m sure there are a strange few) and catching winks in advance of a working Monday tomorrow. These people have no business whatsoever working right now. It might be different if they were burning the midnight oil in an attempt to save the nation with legislation that would have an immediate impact, but they are not — instead, they’re planning the destruction of our economy and health care system through legislation which will not take effect (other than the spending aspect of it) for another four years. If this is a great bill, if it is so necessary, and if the 60 percent or so of Americans who vigorously oppose it just don’t have their facts straight, then they should be debating it during the day, when most of America is awake and attentive.

12:06 a.m.

Tennessee Sen. Lamar Alexander made an excellent point — the reason they’re working now is because Harry Reid dropped a 400-page amendment on Friday, something that has been written and kept under the cover of darkness, and that they want to have it passed as part of the bill before Americans can figure out what’s in it.

I can count on the fingers of one hand when I’ve read 400 pages of anything in one day. One was Michael Crichton’s Jurassic Park, which I read in the course of one night as a kid. Another was Bernie Goldberg’s Bias, which may not be 400 pages long, but was finished in the course of a single afternoon. Reading, digesting and researching 400 pages of legislative language in one day is nearly impossible.

Other things Alexander noted:
$470 billion over the next ten years will be cut out of Medicare, and about $1 trillion in total.
$548 billion in new taxes starting next year. So much for reducing joblessness. And the taxes on medical devices will be passed along to consumers, as will the increased regulation on private insurers, which will be passed along in the form of increased premiums. So much for reducing health care costs.

The CBO said that 9 million will lose employer-based insurance. So much for insuring everyone.
Changes the bi-partisan agreement not to federally fund abortion.

A political kamikaze mission toward an unfortunate mistake. Damaging to the Democrats, but worse for our country. Nicely put.”

“12:32 a.m.

Chris Dodd is up. I can’t even look at him, nonetheless listen to him, without getting irreversibly angry. The only time I want to see Christopher Dodd at 12:32 a.m., or frankly at any time of day, is if he’s wearing handcuffs. And not in a Barney Frank kind-of-way, either — I want to see Dodd being led into prison like Bernie Madoff.

More Ted Kennedy stuff. Good grief. If Ted Kennedy were a normal, everyday American in the aftermath of this legislation, he would have been cold and dead long before he passed with the benefit of the best health care that money can buy, the same health care innovation and ingenuity that the Democrats are poised to stifle, discourage and destroy.”

“12:54 a.m.

And, as if to show evidence of nothing good happening in Washington, D.C. at all, Harry Reid is up.

Every ten minutes, he says, another American dies because they don’t have health insurance. Oh, please. We have emergency rooms ready and able to care for illegal immigrants who have no identification, nonetheless insurance. What’s going to happen is that Americans are going to die because Democrats destroyed the American health care system. What’s going to happen is that Americans are going to die while waiting for six months for a biopsy.

I will dance a jig in my new living room next November when Fox News Channel calls the Nevada election for whomever is running against Reid. And then I’ll switch over to MSNBC–just for a moment–to watch them call it. In fact, I will keep champagne on ice to enjoy during his concession speech.

And, gosh darn it, health care is NOT a fundamental right. Freedom is a fundamental right, and what they are doing right now is destroying freedom in the name of the perpetuation of power.”

“1:08 a.m.

Here goes. Cloture on Reid’s amendment, and the vote which sets up a Christmas Eve vote on the destruction of American freedom and prosperity. I mean, seriously? They need to tear these people away from their families, just so Americans from coast to coast will be too busy eating dinner and enjoying their own families to notice?

Bayh is an “aye.” Burris is an “aye.” Byrd has been dusted off and wheeled in; he’s an “aye.” Bob Casey, supposedly a pro-life Democrat, is an “aye” to a bill which federally funds abortions. Susan Collins votes “no.”

Lieberman? Aye.

Lincoln? Aye.

Landrieu? Aye.

Nelson? Aye. Unreal.

Cloture passes by a vote of 60 to 40. At 1:18 a.m. Procedural votes will come at 7:00 a.m. Tuesday and 1:00 p.m. on Wednesday. The vote for final passage will come at 7:00 p.m. on Thursday night. That’s Christmas Eve. It seems America will be getting a lump of coal in her stocking this year, and from this year on.”

This is a must read and please pass this on:

http://www.americasright.com/2009/12/is-this-for-real.html

Citizen Wells

Next election

Lieberman voted out, Aye.

Lincoln voted out, Aye.

Landrieu voted out, Aye

Reid voted out, Aye!!!!!

Thanks CW commenters.

Obama lies, Mortgage crisis, Unemployment, December 14, 2009, Obama Bankers meeting, ACORN, Democrats, Barney Frank, Maxine Waters, Fannie Mae, Freddie Mac, Obama ACORN and Democrats caused housing and jobs crisis

“ACORN’s alliance with the Democratic Party is at the root of the current financial meltdown. And Barack Obama has stayed true to ACORN’s ways.”…Stanley Kurtz

 

Obama

Lies

Mortgage, Unemployment Crisis

Who is to blame?

 

The lying, SOB, usurper, Barack Obama is meeting with bankers today. Obama is attempting, once again, to coerce banks to lend money to people who cannot afford the loans. Consistent with his trend of lying, he blames the bankers for the mortgage and unemployment crisis.

However, facts and reality are not on Obama’s side.

The Citizen Wells has provided numerous articles on ACORN corruption, ACORN’s involvement in pressuring banks to make risky loans and Barack Obama’s long time ties to ACORN.

An article dated September 15, 2009 is loaded with facts that indict Obama and ACORN.

October 8, 2008 – Straight from the horse’s mouth

“ACORN Report
The ACORN Report is published by ACORN’s National Office and contains up-to-date information. We have ACORN Reports indexed by date and topic available.”

“City Limits February 1999
During its 15 years in New York City, ACORN has helped squatters claim derelict city-owned property, forced bankers to invest in low-income communities, and organized a war against the city’s workfare program.

It’s also developed a reputation for no-holds-barred tactics—getting results through adversarial campaigns against bankers, politicians and bureaucrats using confrontation and concession rather than consensus. ACORN, unlike most social service non-profits, scorns charity. Their goal is to help poor people seize power.”

This comes straight from the Acorn national office.
Note the following:

“Their goal is to help poor people seize power”

October 13, 2008 – Acorn contribution to mortgage crisis

“FOR years, ACORN had combined manipulation of the CRA with intimidation-protest tactics to force banks to lower credit standards. Its crusade, with help from Democrats in Congress, to push these high-risk “subprime” loans on banks is at the root of today’s economic meltdown.””

““Instead, Democrats like Rep. Barney Frank (D-Mass.) and Reps. Kennedy and Waters allied with the Clinton administration to broaden the acceptability of risky subprime loans throughout the financial system, thus precipitating our current crisis.

ACORN had come to Congress not only to protect the CRA from GOP reforms but also to expand the reach of quota-based lending to Fannie, Freddie and beyond. By steamrolling the GOP that March, it had crushed the last potential barrier to “change.”””

““ACORN’s alliance with the Democratic Party is at the root of the current financial meltdown. And Barack Obama has stayed true to ACORN’s ways.””

The Truth about Obama and ACORN

September 28, 2009 – Bank of America and other banks ignored warnings

“Do any Catholics work for Bank of America?
From Catholic News Service October 16, 2008.

“Bank of America takes recent allegations made against Acorn and Acorn Housing Corporation employees very seriously,”
What planet has Bank of America been on the past year?

Is this indicative of the power of the mainstream media?

Was Bank of America controlled by the Democrats or Obama camp?

No wonder Bank of America had financial problems.”

Bank of America ignored warnings

Fox News reports on Obama meeting with bankers, December 14, 2009

“White House Tells Bankers to Boost Lending After Bailout Successes”

“President Obama is calling on the financial industry to help dig the economy out of the pit the White House says it helped create, as the president and bank executives headed into a potentially tense meeting Monday morning.”

“The president set the tone for the meeting in an interview broadcast the night before in which he called Wall Street bankers “fat cats” whom he has little obligation to help. In response, the bankers plan to tell the president to stop oversimplifying their concerns.”

“”What the president’s going to say to the bankers is, you guys were part of the problem, you helped create an economic crisis here that cost 7 million Americans their jobs and now you have to be part of the solution,” White House senior adviser David Axelrod said on ABC’s “Good Morning America.”

Axelrod said the industry has to “accelerate lending to credible small businesses” and suggested Congress would take harsh action against the sector if it does not.

“People are not going to tolerate a situation where the bankers have a party, they pick up the tab and then the bankers pay themselves huge bonuses and they’re not lending,” Axelrod said, adding that bankers should be awarded with long-term stock as opposed to up-front cash bonuses.

The White House also wants Wall Street to fall in line with Obama and back a proposal for a consumer protection agency that cleared the House last week.”

“”He can say what he wants, but we’re not going to go back to the kind of lending that put us in this mess,” said a person who is helping prepare executives for the meeting but spoke anonymously because of lack of authorization to discuss the plans.”

Read more:

http://www.foxnews.com/politics/2009/12/14/obama-slams-fat-cat-bankers-eve-meeting/

I, for one, am fed up with the lies and manipulation coming from the lying SOB Obama and cronies such as David Axelrod. I am asking you to spread this information far and wide. The American people must know the truth.

Michele Bachmann warning, Breaking News, ACORN, TARP II, CFPA Oversight Board, Barney Frank, Democrats, Taxpayer bailouts permanent solution, systemic risk regulator, Breitbart TV interview

Representative Michele Bachmann has put out an urgent plea to stop a dangerous bill about to be voted on.

From Michele Bachmann’s site.

“Bachmann: House Preserves ACORN’s Role in TARP II

 
 
Washington, D.C., Dec 10 –

(Washington, D.C.) U.S. Representative Michele Bachmann (MN-06), member of the House Financial Services Committee, made the following statement after the Democrat Leadership denied the entire House an opportunity to vote on her amendment to prevent ACORN from participating in the Consumer Financial Protection Agency’s Oversight Board.  The Consumer Financial Protection Agency (CFPA) is an expansive new government bureaucracy with far-reaching powers to make decisions for consumers about the kinds of mortgages, small business loans, and other financial products they may access.  The Oversight Board will be tasked with advising the Agency’s director on strategies and policies.

“An organization that has repeatedly shown an inability to adhere to even the most basic standards of ethics should not have a role in overseeing our nation’s financial system,” said Bachmann.  “By rejecting consideration of my amendment, the Democrat Majority protected ACORN instead of American taxpayers and investors.”

In recent months, the IRS, U.S. Census Bureau, and Congress have taken numerous actions to sever ties with ACORN.  In fact, less than two months ago, the House Financial Services Committee accepted another amendment offered by Bachmann that would prevent ACORN from serving on a similar board established in the exact same bill under consideration this week.

“There is a clear consensus amongst the American people that ACORN is unfit to receive federal funds and partner with federal organizations.  The Democrat Leadership’s decision today robs Congress from having the opportunity to take an up-or-down vote on my amendment and keep ACORN out of our financial markets,” said Bachmann.”

Star Tribune: Giving more power where power is not due
Wall Street and bureaucracy would benefit from pending reform.

 
Washington, D.C., Dec 11 –

The majority of Americans last fall were united against the $700 billion Wall Street bailout known as TARP. Proponents of the bill urged immediate action, claiming that a failure to act quickly would send the financial industry over the brink. They promised to examine the root cause of the crisis once financial markets were secure. One year later, the House is considering legislation that will result in the most far-reaching reforms of the financial services industry in our nation’s history.

But instead of addressing the real causes of the financial collapse and fixing bad government policies that led to the crisis, congressional Democrats want to codify the fiscally irresponsible bailout mania. Their bill would make taxpayer bailouts the permanent solution for dealing with reckless financial institutions in the future.

The 1,300-plus-page bill the House is scheduled to vote on today creates a “systemic risk regulator” tasked with determining which firms meet an undefined “too big to fail” test. It allows the government to tap a multibillion-dollar bailout fund to save troubled firms whenever it wants. This fund will be initially financed by a massive new tax on financial institutions and is expected to take $55 billion out of the hands of small businesses and job creators, leading to a loss of as many as 450,000 jobs. Should that fund run dry, taxpayers are on the hook to replenish it. And unlike TARP, this bill authorizes the Treasury Department and the Federal Reserve to completely bypass congressional approval and directly provide such lifelines to flailing firms.

The moral hazard this bill creates will ripple through the entire financial marketplace. Providing banks with a bailout guarantee will perpetuate a cycle of irresponsibility, shielding creditors from taking the fall for making risky decisions and forcing taxpayers to ante up again and again.

Rather than increasing transparency within the Federal Reserve and directing it to focus on the nation’s monetary policy, this bill drastically expands the powers of the Fed to intervene in the private marketplace. But the Federal Reserve has already proven its inability to preemptively catch systemic risks as demonstrated by the financial crisis that occurred under its watch. Giving more power to government bureaucracies that have failed in the past will do nothing to stabilize our markets.

I support an alternative plan that addresses both the core problems in our financial system and promises American taxpayers that they will not be on the hook for Wall Street’s mistakes ever again. Three key principles guide this proposal: 1) It ends government bailouts of financial institutions; 2) It stops allowing the government to pick winners and losers in the financial industry; and 3) It reinstates market discipline by removing moral hazards that exist today.

Minnesotans know when Washington is trying to pull a fast one. While the government takeover of health care and total lack of job growth is at the forefront of everyone’s minds, we cannot let this permanent bailout legislation slip through Congress without a fight.”

http://bachmann.house.gov/News/

Must hear interview of Michele Bachmann

Breitbart TV

 

http://www.breitbart.tv/bachmann-on-the-b-cast-a-conservative-call-to-action/#

Thanks to commenter Katie.

Michele Bachmann, House floor speech, Government control of GM, Obama thugs, Government cartel, We Now Have A Total Gangster Government

I have been watching Minnesota congresswoman Michele Bachmann for months and I have been very impressed . She does not mince words and she is trying to protect the American public and taxpayers. Her efforts to protect Americans did not begin with her outcry against the socialist Health Care Bill. In the following Youtube video she speaks out about the gangster like control of the private sector by the federal government.

“Rep. Michele Bachmann (R-Minn.) speaking on the House floor: Now we’ve moved into the realm of gangster government. We have gangster government when the Federal Government has set up a new cartel and private businesses now have to go begging with their hand out to their localhopefully well politically connectedCongressman or their Senator so they can buy a peace offering for that local business. Is that the kind of country we are going to have in the future?”

“We Now Have A Total Gangster Government”

 

This Gangster like control of the private sector comes as no surprise to the readers of this blog or anyone really paying attention over the past year and a half.

 

Obama ties to crime and corruption, October 26, 2009

Now revisit articles from Citizen Wells that reveal the ties between Obama and Chicago and Illinois corruption figures, including Alonzo Monk, and decide if you want Health Care Reform, Chicago style.
December 9, 2008

The real Rod Blagojevich, et al and Obama ties

December 22, 2008

Hospital CEO Wore Wire, helped build Graft Cases In Illinois

March 6, 2009

“Barack Obama’s role in rigging the IL Health Facilities Planning Board by reducing the number of members from 15 to 9
and therefore allowing Tony Rezko, Stuart Levine and Rod Blagojevich to control the board with only 5 members, is
examined in detail. The indictments and criminal complaints of Rezko, Levine, Blagojevich and Weinstein reveal their
involvement in board corruption. Obama should be indicted as well.”

IL Health Facilities Planning Board rigged

August 10, 2009

Mercy Hospital kickbacks

“The brief conversation was between Levine and Rezko on April 24, 2004, just three days after Levine said he and Rezko
had rigged a vote of a state hospital planning board to approve a controversial hospital in Crystal Lake. Hospital
contractor Jacob Kiferbaum was going to pay Levine and Rezko $1 million in bribes if the Crystal Lake facility won
approval, Levine has testified.”

Children’s Memorial Hospital seen as potential shakedown target

“Levine testified that he called Rezko on April 24 to set up a meeting to discuss their next shakedown target: Children’s
Memorial Hospital.”

Valerie Jarrett and Michelle Obama’s job and salary

“Jarrett was appointed chairman of the University of Chicago Medical Center Board in June 2006. She was also made
chairman of a newly created Executive Committee of that Board, according to a June 13, 2006 University announcement. In
addition, Jarrett was named vice-chair of the University’s Board of Trustees, the announcement states. Michelle landed a high paying job at the University of Chicago Hospitals. Two months after Obama became a US senator, she was appointed vice president for community and external affairs. Tax returns show the promotion nearly tripled her pay to
$317,000 in 2005, from $122,000 in 2004.”

Obama healthcare, Chicago corruption

September 12, 2009

Planning board votes rigged for Mercy Hospital scheme

“Although the application was rejected the first time, Mercy moved for reconsideration and won approval at the April 21,
2004 meeting. Beck testified that after the meeting, he and Levine drove to Rezko’s office to tell him the plan was
approved and Rezko was there with Christopher Kelly.”

“It was further part of the conspiracy that defendants ROD BLAGOJEVICH and KELLY, along with Monk, Cellini, Robert
Blagojevich, Harris, Rezko, and Levine, and others, used and attempted to use the powers of the Office of the Governor
and of certain state boards and commissions subject to the influence of the Office of the Governor, to take and cause
governmental actions, including: appointments to boards and commissions; the awarding of state business, grants, and
investment fund allocations; the enactment of legislation and executive orders; and the appointment of a United States
Senator; in exchange for financial benefits for themselves and others, including campaign contributions for ROD
BLAGOJEVICH, money for themselves, and employment for ROD BLAGOJEVICH and his wife.”

Cristopher Kelly dead, Planning board rigging

September 13, 2009

“Kelly dies of possible overdose
Authorities say death may be suicide but are investigating it as homicide”

“Kelly, 51, who was to report to federal prison officials this week to start serving an 8-year sentence, died Saturday at
Stroger Hospital in what authorities said was a possible suicide from an over-the-counter medication. An autopsy is
scheduled for Sunday, and police in Chicago and south suburban Country Club Hills are conducting a death investigation.

Kelly’s death ended a tumultuous year in his life. He twice pleaded guilty to federal charges. He was estranged from his
wife. And he faced serious financial problems, partly due to gambling debts. But Kelly indicated he was not going to turn
on Blagojevich despite pressure from prosecutors.”

Citizen Wells clarification

“Do not let the fact that the federal prosecutors convicted Kelly because of his corruption involving O’Hare International Airport. Just as most of the corruption Blagojevich had to do with “pay to play” politics in Chicago and Illinois, Kelly was involved with Blagojevich, Rezko, Levine and ultimately Obama in the Planning Board rigging that corrupted the Mercy Hospital deal.”

Christpher Kelly’s role clarified

What is the current attempt by Obama and liberal Democrats at health care reform all about?

  • Appeasing their far left core support.
  • More control over the American people to get votes.
  • Payback to trial lawyers and other big supporters (refer to contribution table above).
  • Achieving the goals of far left, socialist, communists who are controlling the party with the goal of redistribution of wealth..

Truth about Obama Health care Reform

Would you trust Obama, et al with your and your family’s health care?

Please pass this story along to Glenn Beck, Sean Hannity, Rush Limbaugh and as many people as possible. The story of Alonzo Monk pleading guilty has been barely covered. The much larger story of Monk’s involvement in Illinois corruption, the impact on health care in IL and Monk’s ties to Obama is a much bigger story. And the really big story is that Obama is trying to force health care changes on this country just like Rod Blagojevich tried, for the enrichment of himself and his cronies.

Citizen Wells article about Alonzo Monk plea

 

Support this brave and patriotic congresswoman, Michele Bachmann. She is on our side.

ACORN, Bank of America, BOFA drops ACORN, Acorn Housing, recent allegations, Charlotte Observer, Obama and ACORN ties, Catholic Bishops report, Fox News, US House of Representatives report

Bank of America, according to the Wall Street Journal, has “suspended current commitments” to Acorn Housing, an affiliated group, and “will not enter into any further agreements with Acorn or any of its affiliates,” pending assessments by the bank of the organization’s operations. We know that if Bank of America was relying on the Charlotte Observer for news, they were not getting the truth about ACORN and Obama. However, as reported on this and other blogs, ACORN corruption and exploitation of the poor has been exposed for years.
From Citizen Wells, October 8, 2008 – Catholic Bishops report, 1997, ACORN corruption

“To be eligible to receive CHD funds, a program must be run by the poor, benefit the poor, and change social structures that harm the poor.” However, in light of the politically oriented thrust of ACORN’s activities, it is fair to ask whether the CHD subsidies to ACORN are advisable and commensurate with the purposes of CHD.”

“This commentary does not oppose CHD funding of genuine, grassroots community organizations, run and supported by individual members of a parish or diocese. There is potential value and virtue in the collective voice. However, when the CHD funds Alinsky-style, church-based community organizations as in the best interest of the poor and supports organizations which advance other agendas, it divests the poor of their right to an authentic voice. This process tends to treat the poor as exploited units of human capital, rather than as human beings created in the dignity of God’s image.”

Citizen Wells article

Do any Catholics work for Bank of America?
From Catholic News Service October 16, 2008.

“The Catholic Campaign for Human Development suspended funding a nationwide community organizing group after it was disclosed June 2 that nearly $1 million had been embezzled.

Funding was suspended for the Association of Community Organizations for Reform Now, popularly known as ACORN, because of the financial irregularities, said Ralph McCloud, executive director of CCHD, the U.S. bishops’ domestic anti-poverty and social justice program.

“We’re not funding them at any level,” McCloud told Catholic News Service Oct. 15.

The suspension covers all 40 ACORN affiliates nationwide that had been approved for $1.13 million in grants for the funding cycle that started July 1, 2008.”

Read more:

http://www.catholicnews.com/data/stories/cns/0805268.htm

As reported on Citizen Wells.

October 14, 2008 Senator John Cornyn letter to US Dept. of Justice

“I am increasingly concerned by reports of widespread election fraud by the Association of Community Organizations for Reform Now (”ACORN”), which seem to emerge on a daily basis.

Specifically, I call your attention to state and local investigations into potentially hundreds of thousands of fraudulent voter registration applications filed by ACORN in North Carolina, Ohio, Nevada…”

Senator Cornyn letter

http://cornyn.senate.gov/doc_archive/Mukasey-ACORN-letter.pdf

US House of Representatives report, July 23, 2009, covered by Fox News and Citizen Wells
“The Association of Community Organizations for Reform Now (ACORN) has repeatedly
and deliberately engaged in systemic fraud. Both structurally and operationally, ACORN
hides behind a paper wall of nonprofit corporate protections to conceal a criminal
conspiracy on the part of its directors, to launder federal money in order to pursue a
partisan political agenda and to manipulate the American electorate.
Emerging accounts of widespread deceit and corruption raise the need for a criminal
investigation of ACORN. By intentionally blurring the legal distinctions between 361
tax-exempt and non-exempt entities, ACORN diverts taxpayer and tax-exempt monies
into partisan political activities. Since 1994, more than $53 million in federal funds have
been pumped into ACORN, and under the Obama administration, ACORN stands to
receive a whopping $8.5 billion in available stimulus funds.
Operationally, ACORN is a shell game played in 120 cities, 43 states and the District of
Columbia through a complex structure designed to conceal illegal activities, to use
taxpayer and tax-exempt dollars for partisan political purposes, and to distract
investigators. Structurally, ACORN is a chess game in which senior management is
shielded from accountability by multiple layers of volunteers and compensated
employees who serve as pawns to take the fall for every bad act.”

Read the entire report:

http://republicans.oversight.house.gov/media/pdfs/20090723ACORNReport.pdf

From the Wall Street Journal, September 28, 2009.

“Already facing the loss of federal government funding, the community-organizing group Acorn also has run afoul of one of its big corporate partners, Bank of America Corp.

In response to questions from The Wall Street Journal, a spokesman for the banking company said it has “suspended current commitments” to Acorn Housing, an affiliated group, and “will not enter into any further agreements with Acorn or any of its affiliates,” pending assessments by the bank of the organization’s operations.

Acorn, officially the Association of Community Organizations for Reform Now, has been under fire since the recent release of secretly recorded videos that showed Acorn employees offering advice on evading taxes, setting up brothels and smuggling illegal immigrants.

The News Hub panel discusses Bank of America’s retreat from Acorn, the government’s newly-announced $35 billion aid package to homeowners and signs of life in the corporate profits.

Acorn has called the actions unacceptable and has fired the workers involved. Last week, Acorn said it has selected Scott Harshbarger, a former Massachusetts attorney general, to investigate any wrongdoing at the organization.

Acorn Housing for years has worked with Bank of America and some other big banks on foreclosure-prevention efforts.

“Bank of America takes recent allegations made against Acorn and Acorn Housing Corporation employees very seriously,” the bank said in a statement.”

Read more:

http://online.wsj.com/article/SB125409478511144963.html?mod=WSJ_hpp_sections_news

“Bank of America takes recent allegations made against Acorn and Acorn Housing Corporation employees very seriously,”
What planet has Bank of America been on the past year?

Is this indicative of the power of the mainstream media?

Was Bank of America controlled by the Democrats or Obama camp?

No wonder Bank of America had financial problems.

Barack Obama, bowling, NCAA basketball teams, The Tonight Show, Obama not in Washington, Zachjonesishome blog, Congress, Pelosi, Barney Frank, Senator Dodd, Timothy Geithner, diversion, manipulation and theater

Zach, of the Zach Jones is Home blog has written another hard
hitting article exposing the antics, hypocrisy and deception
of Obama and his Democrat cronies.

“The Obama Show – Vilification, Manipulation and Distraction

(“All this has happened before, and it will happen again” – Battlestar Galactica)
I’ve heard it said that there are only a handful of archetypal stories from which all variations come. Today, in politics, this appears truer than ever before. The same motivations are at play, the same goals and agendas, the same use of vilification and manipulation, the same attachments and vulnerabilities to draw out, the same diversions, the same subordination of truth – all to be used as “legitimate” means to the obtain the politician’s goals. Regrettably, the archetypal story of almost every politician today is the quest for power.”
“Power and manipulation! We all need to let that sink in and flow over us because in our regular lives we don’t think that way. Take a moment and say to yourself the words Hollywood, nothing is as it appears, the words mean nothing, the agendas are conflicting, all may be an elaborated distraction.
Now to American Politics 2009 –
This past week a poorly choreographed political theater has been taking place in the nation’s capital. It is the best example of political Kobuki theater we’ve had this year. We’ve had Pelosi and Barney Frank shrieking and pointing mephitic fingers at everyone but themselves. Senator Dodd, who has played a pivotal role in the entire financial mess, has been first denying knowledge of any AIG bonuses, kind of admitting the bonuses, admitting he wrote the amendment that exempted AIG so they could get the bonuses, and finally saying the Obama administration asked him to do everything. Timothy Geithner saying I didn’t know anything about anything until a few days ago and now a tape surfaces clearing indicating that he knew about the AIG bonuses at least by March 3, 2009. And finally, Obama saying I didn’t know anything about the AGI bonuses – which could be true since he was quickly planning a trip out of town to appear on the Tonight Show to talk about Special Olympics and his bowling skills.
The outcome of all the drama and CYA’ing was that the Congress of the United States, led by Nancy Pelosi, passed legislation attempting to tax anyone who received an AIG bonus out of any and all money. Congress decided that they must do “something”. Nancy was yelling and screaming, hell yes we’re mad and we are not going to take it, our voters are mad and we’re going to punish AGI employees who took these Congressional authorized bonuses. Oh my. The Kobuki result so far is that the House of Representatives have passed a likely unconstitutional bill of attainder in the attempt to cover their (not reading the original bill) tracks.”
“As entertaining as people with pitchforks can be; it’s now time to consider Mr. Obama’s actions.
Where was he? Was he bowling, picking his NCAA basketball teams, appearing on The Tonight Show? Why wasn’t he in Washington? I would suggest that it is/was part of the chorography that team Obama is executing to manipulate the public and maintain the Obama illusion. They want to try to keep Obama above it all, spouting lofty words and symbolizing calm.
During the Vietnam War, Nixon went to China. During this financial crisis, Obama goes to Hollywood and back to the campaign trail. It’s all diversion, manipulation and theater.”

 

Read more:

http://zachjonesishome.wordpress.com/2009/03/21/obama-vilification-manipulation-distraction-battlestar-galactica-aig-pelosi-harry-reid-barney-frank-birth-certificate-larry-sinclair-the-bopac-report/

Obama, Fannie Mae, Family, CBC, 2005 speech, CEO explains relationships, Campaign contributions, Obama number two recipient, Franklin Raines, YouTube video, Obama and Democrat friends created problems, Explosive video

This Youtube video, recommended by Jenniejo, a regular commenter on this blog and concerned citizen, speaks for itself:
“Explosive CEO calling Obama and Dems the “Family” “Conscience” of Fannie Mae

The Banking Failures are because of the Housing Crisis, which was caused by mortgage lenders handing out bad loans and the biggest offenders: Fannie Mae and Freddie Mac

The Democrats have been taking PAYOFFS from Fannie and Freddie to look the other way FOR DECADES!

NOW VIDEO FOUND of the CEO of Fannie Mae in 2005 explaining the “FAMILY” connection with Democrats

And specifically Barack Obama and the Congressional Black Caucus”

Visit Philip J Berg’s site and contribute to the lawsuit:

http://obamacrimes.com

Stop the criminals:

http://obamaimpeachment.org