Vindicarre wrote:
Kaffis Mark V wrote:
Yeah, it's become obvious that the reason they sat on the videos was to accumulate more of them, so the "well, it's just one guy" thing wouldn't work. "Oh, it's just one guy? Well, here's another." "Oh, it didn't work in the other places we tried, like New York (thanks for naming that one!)? Here you go..."
You say it didn't work in the California office? Guess what? Heeeeres California!
[youtube]7s8w9GEpSzw[/youtube]
Any other excuses, places it didn't work? Still going with the "It only worked in one...no, two...no, three...no, it only worked in four places" line?
Wow thats just getting embarrasing for ACORN. Wonder how the shell game of blame will be handled? Since the problem seems to be not just regional.
It's amusing that Obama now wants to distance himself from ACORN, yet paid them to do voter registrations, was an attorney for them, and extolled their virtues in a few speeches when the first allegations of fraud came out. Of course McCain also was up on stage supporting them. Heres an oldie from 2008...
Obama shields ACORN from Criminal Prosecution in the Economic Crisis
Marinka Peschmann, Special to Canada Free Press Bio
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By Marinka Peschmann, Special to Canada Free Press Tuesday, October 14, 2008
Not only did Senator Barack Obama’s presidential campaign pay more than U.S. $800,000 to a front of the Association of Community Organizations for Reform, Now, ACORN, currently under investigation in a dozen States for voter registration fraud and bribery schemes, for “get-out-the-vote-efforts”; Obama co-sponsored legislation called the “Helping Families Save their Homes in Bankruptcy Act of 2007”—that was supported by ACORN and protects them.
Helping Families Save their Homes in Bankruptcy Act, S.2136, was introduced in the Senate by Illinois Senator Richard Durbin over a year ago, on October 3, 2007. It was co-sponsored, by Obama and 12 other Democrats, including Vice Presidential hopeful, Joe Biden, and Chairman of the Senate Banking, Housing, and Urban Affairs Committee, Senator Christopher Dodd.
According to a Senate transcript, Durbin stated: “It is true that some families knowingly stretched a bit to buy more house than they should have. But many families were sold mortgages they couldn’t afford by unscrupulous brokers… This bill is supported by the AARP,
ACORN,
AFL-CIO and
SEIU, the Center for Responsible Lending, the Consumer Federation of America, NAACP and
La Raza, the National Association of Consumer Bankruptcy Attorneys, the National Community Reinvestment Coalition…”
Why would groups like ACORN, who according to Stanley Kurtz’s “O Dangerous Pals” undermined “the US economy by pushing the banking system into a sinkhole of bad loans…. by forcing banks to make hundreds of millions of dollars in “subprime” loans to often un-creditworthy poor and minority customers…” support this legislation? Perhaps because it provides Chapter 13 Bankruptcy protections to homeowners who didn’t have the means to buy homes, and it protects people who put those borrowers into these high-risk mortgages.
Durbin’s bill, co-sponsored by Obama, “amends federal bankruptcy law to permit a bankruptcy plan to: modify a [mortgage] secured by the principal residence of a chapter 13 debtor…” It “exempts” them “from the requirement for credit counseling if… that debtor…has been scheduled” for foreclosure. The credit counseling typically distinguishes debtors who, for instance, because of unforeseen medical bills have no alternatives but bankruptcy, from debtors who’ve recklessly or ruthlessly bought homes they couldn’t afford because, according to the Federal Trade Commission, it evaluates a person’s financial situation and discusses alternatives to avoid filing bankruptcy. If this bill becomes law, the “certificate of completion” a debtor receives after the credit counseling process would be waived. Anyone, with a single home, could file Chapter 13 Bankruptcy.
One benefit for filing Chapter 13 is a person is protected from creditors and allowed to keep their real estate and personal property. Another advantage is some debts are discharged that otherwise wouldn’t be under other Bankruptcy Chapters, such as fraud judgments.
Under Chapter 13, the monthly payments are determined by the amount a debtor can afford after paying normal living expenses. That amount is dispersed among their creditors typically “over 3-years” but no more than “5-years.” At the end, the debtor is discharged from their debts, regardless of how much their creditors were paid and the remaining debt is sloughed off eventually underwritten by taxpayers.
This bill goes further than what Obama or Sen. John McCain have proposed to keep homeowners in their homes because it also protects the middle men.
Notice now, another key reason why groups like ACORN support this legislation because it: “Prohibits the court from allowing a claim that is subject to any remedy for damages or rescission due to failure to comply with the Truth in Lending Act or any other state or federal consumer protection law.”
The Truth in Lending Act (TILA) was designed to create “economic stabilization and competition by informed use of credit by consumers (emphasis added).” Under TILA the law also applies “to persons who are not creditors but who provide applications for home equity plans to consumers.” This bill absolves organizations of any guilt or culpability under TILA; perhaps the same organizations who intimidated and bullied banks into providing risky loans to unqualified borrowers like ACORN.
If this legislation does not pass, then these “persons who are not creditors,” could face “criminal penalties” for “willful and knowing violations of TILA,” which could result in a “fine of $5,000, imprisonment for up to one year, or both.”
But there’s more. The Department of Housing and Urban Development reportedly found that “five million illegal aliens hold illegal mortgages.” Who arranged these illegal mortgages?
The Helping Families Save their Homes in Bankruptcy Act is not unique legislation that helps community organizers, and other special interest outreach groups, like ACORN. As reported here Obama’s Citizenship Promotion Act “organizes the immigrant community” by using U.S. $80 million taxpayer dollars for outreach programs targeted at immigrants and future voters.
No wonder ACORN has close ties and endorses some politicians. Durbin’s “Helping Families Save their Homes in Bankruptcy Act,” co-sponsored by Obama, was referred to the Senate Judiciary.
Update: Since I reported on the Helping Families Save their Homes in Bankruptcy Act, the bill has been amended and the section called “Disallowing Claims from violations of consumer Protection laws” has been struck out. _________________________________________________________________-
Wow some of those names I bolded seem to have come up a few times in recent headlines..... Politics does make for strange bedfellows I guess.
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