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obama claims minimal involvement with ACORN
Virtually no
attention has been
paid to the amount
of taxpayer
dollars that
funds ACORN
Housing Corporation
or
A H C - which
helped unqualified
poor people get
NINJA mortgages
stalwart defender of
Fannie Mae,
the
congressman dated
exec Herb Moses, who
developed FM's
affordable housing &
home-improvement
the past 7 years--a
clear conflict of
interest and potential
impropriety.
In 2005,
formed
Democracy
Alliance,
donating  
$100 million
to groups,
ACORN.
Provided the
$20 million
seed capital
for left-wing
advocacy
group,
MoveOn
deeply embedded
in wall street firms,
the senator and
house banking
chair is the single
of money from
Freddy Mac &
Fannie Mae - now
overseeing the
bailout and the
very crisis he has
enabled
the 2nd largest  recipient of Freddy &
Fannie cash, the former ACORN
attorney and Chief Trainer formed a
political partnership with Bill Ayers in
his early years. Blames "reckless
deregulation and lack of oversight" for
the current financial meltdown, but
government policies - formulated and
promoted by community organizations  
- like those linked to Obama -  along
with members of his campaign- are the
root cause.
By trafficking bad paper, they collectively
collapsed the credit markets in one fell
swoop and may well be the catalyst for
another American Depression.  
Continuous
attempts by republicans  were made (2002
- 2005) to overhaul the two mortgage
giants, only to be blocked by scores of
Dems led by Barney Frank. Even Bill
Clinton tried to reign in Freddy & Fannie in
1998,  but ultimately succumbed to party
pressure.
reportedly one of
the democrats to
block the $700
Billion Bailout by
demanding 20%
kickback to
ACORN.
Helped
collapse IndyMac
- one of the
largest bank
history.
peddled loans
to millions of  
unqualified
applicants,
enabling a
massive
systemic
abuse by Wall
Street Bank
execs,
politicians,
lobbyists and
low-income
Americans
Founded in the 70's,
this training arm of
ACORN mobilizes
activists to manipulate
public opinion through
"direct action" and
illegal activities.  
Obama's extensive work
with ACORN & Midwest
Academy dates back to
1992 and ranges from
training and
fundraising, to legal
representation and voter
mobilization (Project
Vote).
ACORN has
reportedly
received
payments of
nearly a million
Barack Obama
Campaign in
2008 -- payments
were funneled
through a front
company called
"Citizens Services
Inc." and may
have been falsely
reported to the
FEC.
Former top Obama advisor &
veep vetter resigned in disgrace
for involvement in Countrywide
Scandal. As former Fannie Mae
CEO he pulled in $21 million in
just his last year alone.  
Established Fannie Mae
Foundation - sweet little setup for
handing out millions to ACORN.
political career from
his home, appointed
him Chair of the
Chicago Annenberg
Challenge and served
Launched Obama's
Launched Obama's
political career from
his home, appointed
him Chair of the
Chicago Annenberg
Challenge and served
with him on Board of
Woods Fund. Obama
calls the Weathermen
founder and domestic
terrorist "respectable"
and "mainstream,"
endorsed Ayers' book
in '97 yet recently
claimed:  he's "just
another guy in the
neighborhood."
ACORN receives grants from
the Chicago-based Woods
Fund. Ayres and Obama
served together on the Fund’s
Board. Other grantees during
PLO spokesman Rashid
Khalidi and the Obamas'
church, Trinity United.
according to a
whistleblower, the
sub-prime financial
engineering that
created the wall
street meltdown was
developed by
Obama's finance
chair & Ernst and
Young, working with
Merrill Lynch to sell
bonds securitized by
what are now
useless mortgages.
Taking 90 million out of the
system in 5 years, he illegally
coerced employees to falsify
Taking 90 million out of the
accounting facts so he'd get
maximum bonus. Fannie used
Enron-esque fraud, at Raines'
orders, to create the largest
bail-out in US history. Called
Obama a member of the
"family" and thanked him for
pressuring him to make
unsound loans.
NOTE: This is a snapshot view
and remains a work in progress
-- does not represent the full
scope of Obama's links to
ACORN and the current financial
meltdown.

From here, you can click BIG
ACORN for in-depth research,  
click the you-tubed-ACORN for
stunning voter fraud news
coverage or click the PUMA to
enter Just Say No Deal :
okay, the reason no one focuses on Obama's "community organizing" is because few understand how it fits into the
big picture. focus, trace, read [click acorn] - revisit if necessary - but do understand why a) Obama has gotten to
where he is and why he threatens to continue that meteoric rise - with
your tax money - straight to the white house
and b) how Obama, his advisors & the dems are linked to the biggest financial meltdown since the Great Depression.
The now bankrupt high-flying loan originator in the
sub-prime mortgage debacle funneled millions to gain
favor with Congress, Freddie & Fannie in the form of
sweetheart deals for
Raines, Dodd & Johnson, among
others.
Teaches Obama
supporters "organizing
principles" by
adopting stunningly
similar tactics of
intimidation and
confrontation taught
at the Midwest
Academy and akin to
activities reported in
the blogosphere, the
caucuses and on the
campaign trail.
cac
Ayers appointed a
non-experienced
Obama Chairman
of Chicago
Annenberg
Challenge -
Obama, who later
doled out hundreds
of millions to
ACORN and other
community groups