traces of nuts.
enter
site
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.
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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.
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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."
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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.
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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