Friday, September 26, 2008

ACORN bailout?

UPDATED & BUMPED: ACORN & the crisis:
Documents . . . expose hypocritical lending recommendations tied to ACORN Housing Corporation’s agreements with major banks—agreements that end up harming consumers.
Important background on ACORN. Lots of interest in this subject today.

PREVIOUSLY: Michelle Malkin reports that Chris Dodd's counterproposal to the Paulson plan includes $100 million in "funding for the left-wing housing entitlement thugs." The proposed legislation is here, with the "Housing Trust Fund" and the "Capital Magnet Fund" being the giveaways to the aforesaid thugs.

UPDATE II: Linked at Right Voices. Thanks.

4 comments:

  1. This IT"S John McCain's baby! This IDIOTIC idea has Democratic congress written all over it!!! ANY money made on this deal that doesn't pay off the debts generated by the mishandling of Fannie Mae and Freddie Mac should be RETURNED to the AMERICAN PEOPLE !!!!

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  2. You're a bunch of fucking idiots living in a dream world jacking off over pointless margenila when the economy is on the edge of precipe. Advice to you chode lickers look at wholesale and retail sales, personal income, industrial production, and jobs. They are all at entry points of previous recessions. And yesterday new homesales tumbled further (12%!) as did jobs. Meanwhile last Tuesday lending between banks completely freezed up and over the span of two days the market dropped over 700 points and was on the cusp of revisiting the 1987 crash until they announced the bailout plan. And we just had the largest bank failure in history with WaMu. If this bailout doesn't go through good luck getting cash out of your ATM - you fucking dumbasses. For most of you how do you think your company pays you. They drawn on a line of credit. If they can't draw on credit, they'll have to boot your sorry, ignorant, stupid, worthless, average IQ ass to the curb. I pray you're last in line to the soup question. Fuck heads.

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  3. "...the economy is on the edge of precipe." [sic]

    And why would 'that' be? Maybe because, contrary to what the neo-cons would have you believe, 'you can't borrow your way to prosperity nor fight your way to peaceful coexistence'.

    [Sounds to me like someone want's the taxpayer to step into their shoes. But only when things AREN'T going swimmingly.]

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  4. To the anonymous who called others f****** idiots:You should either educate yourself on the real truth or just go smoke another joint and shut up. You are living in a dream world if you believe "the Left" is really looking after anyone but themselves. It was Sen.s Frank and Dodd who rec'd personal income from the greeding thieves at Fannie Mae and Freddie Mac. And try to educate yourself on ACORN- yet another questionable association of Obama's. We honest taxpayers are sick of the hypocrisy of these liars.

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