Was the bailout going to fund ACORN?
September 26th, 2008
Lindsay Graham first mentioned this last night and has now repeated in an interview with Meredith Viera:
SEN. GRAHAM: Yeah. As I understand it, about 10:00 or 11:00 in the morning, I was in the House, meeting with House Republicans to talk about what we could do. You had three senators, I think, from the Republican side and several senators on the Democratic side meet by themselves, have a news conference — “We’ve got an agreement.”
I never heard about it until I went to the Republican lunch. And if you were in the lunch, it was clear that there was not a consensus about this agreement. There was never an agreement that had buy-in by the House and the Senate.
I appreciate their efforts. But 20 percent of the money that would be collected back to retire the debt we’re going to incur would have went to housing programs, programs like ACORN that have been very fraudulent in nature. So nobody on the Republican side was going to sign up to that.
ACORN or the Association of Community Organizations for Reform Now is a “community organization of low- and moderate-income families that addresses housing, schools, neighborhood safety, health care, job conditions, and other social issues that affect its members. ” The organization has been linked to voter fraud.
The group is also tied to Senator Barack Obama. According to the Associated Press:
“Obama was part of a team of attorneys who represented ACORN in a lawsuit against the state of Illinois in 1995 for failing to implement a federal law designed to make it easier for the poor and others to register as voters.”
Posted in Financial Crisis | 2 Comments »
September 26th, 2008 at 2:48 pm
Lindsay Graham says lots of things that have little or no basis in fact, and he says an even greater number of things that directly contradict one another. So here's an answer for you: No the bailout wasn't going to ACORN in any appreciable way.
And representing an organization – which, despite some very serious problems, has also done good work – professionally is hardly the sort of ominous tie you clearly imply it to be. If I work for the phone company and install a line at the Family Research Council, it doesn't mean I have “ties” to them.
I gotta tell you, Jeff, while I was intrigued by your mission statement for this blog, every time I have visited it, I've seen nothing but the ridiculous false equivalence and tabloid style so endemic to our current media. Exactly what unmet need are you addressing? If I want hysterical and shallow coverage, I can watch Wolf Blitzer.
September 26th, 2008 at 6:24 pm
Please you are all blind…read the initial plan…the dems want 20% of the profits to go to grassroots projects such as ACRON. These grassroots projects are shady and only help the dems. Who are the middle class anyway? I am so sick of hearing about the middle class. I work everyday, pay my bills on time, paid for college w/o loans and got my master's on my own with no help from my family. My family makes $250K, I pay 33% in taxes…sucks for all the work I do…I, me, I will be paying for the bailout of irresponsible Americans who should not have purchased a home, who got their hair and nails done and bought fancy cars, while I drive an old car…I hope the Republicans don't let it pass as stands. I am ashamed of the lies the world sees about our candidates on both sides of the house from the press. Disgusting.