Showing posts with label Community-Reinvestment-Act. Show all posts
Showing posts with label Community-Reinvestment-Act. Show all posts

Saturday, April 28, 2012

The Left's Dangerous and Destructive Foreclosure Scheme

Americans for Prosperity Blasts Trenton’s “Dangerous and Destructive” Foreclosure Scheme, Launches Effort to Defeat Bill

Pro-Taxpayer Groups Says NJ Towns, Property Values Across State Will Be Decimated by “New Jersey Foreclosure Transformation Act”

BOGOTA, NJ – Americans for Prosperity’s New Jersey chapter is calling on Trenton legislators to put a stop to what it calls a “dangerous and destructive” foreclosure bill now making its way through the Legislature.

The bill (A2168/S1566), entitled the “New Jersey Foreclosure Transformation Act”, would empower the State to borrow as much as a billion dollars, or more, without voter approval in order to turn foreclosed homes into taxpayer-subsidized “affordable housing” units; a move the pro-taxpayer group says would increase crime, drive up property taxes and further decimate the value of homes already battered by the burst housing bubble.

Americans for Prosperity state director, Steve Lonegan, launched the first salvo against the bill in an open letter sent to legislators earlier today. The pro-taxpayer group also unveiled a hard-hitting television and radio ad (see above) while calling on its 64,000-plus army of citizen activists to sign a petition letter pressuring lawmakers to oppose the bill.

“The New Jersey Foreclosure Transformation Act is one of the most dangerous and destructive schemes I’ve ever seen come out of Trenton,” said AFP state director Steve Lonegan. “This would put Fannie and Freddie to shame and further decimate already battered property values in New Jersey.”

“On top of borrowing billions more on the backs of taxpayers, this crazy scheme would deliver former homeowners who have lost their job and lost their home to foreclosure the additional indignity of seeing their former residence turned into a low income housing unit with their own tax dollars,” continued Lonegan. “And to make matters worse the home will then be handed over to an ex-con, a sex offender, a homeless person, a drug addict or a possibly a juvenile delinquent all at taxpayer expense.

“People who have worked hard, striven to achieve the American Dream and improve the quality of life for their families would see their property further devalued and their neighborhoods deteriorate overnight.

“It’s crazy schemes likes this that are driving our friends and neighbors out of this state and continuing to make New Jersey a hostile place for people to live,” continued Lonegan. “Why would anyone want to buy a home here when property values are being driven into the ground, the quality of life in our towns is under assault and our property taxes remain nearly the highest in the nation?”

“This is just outrageous. This bill needs to be stopped now before it’s too late and Americans for Prosperity will be doing everything possible to see that it is,” Lonegan concluded.

Americans for Prosperity (AFP) is a nationwide organization of citizen-leaders committed to advancing every individual’s right to economic freedom and opportunity. AFP believes reducing the size and intrusiveness of government is the best way to promote individual productivity and prosperity for all Americans.

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Wednesday, March 7, 2012

Mark Levin On The Real Shirley Sherrod



We still are reeling from the death of the great Andrew Breitbart. There was some mention that the despicable Shirley Sherrod was still chasing Andrew Breitbart with a lawsuit. This nasty woman and her husband have already burned America enough but they want more. We wanted to refresh everyone's memory of the Barry Soetoro connection with another scam artist and racist.

What started out as a small claim by 400 black farmers had escalated into a claim by over 80,000 “farmers” trying to get in on this enormous scam? The original lawsuit claimed that the USDA unlawfully denied loans to poor black farmers. The case was entitled Pigford v. Glickman. The farmers won their case and the government agreed to pay them as much as $50,000 each to settle their claims.

Yet the facts changed or should we say the scam as on in February of last year. There was an enormous change in relation to that original judgment. In total silence, the Politically correct USDA agreed to release more funds to “Pigford”. The amount was a staggering $1.25 billion (that’s with a “b”). This was because the original number of plaintiffs- 400 black farmers- had now grown in a class action law suit to include a total of 86,000 black farmers throughout America. There is only one problem - there isn’t 86,000 black farmers in America, not even close.

Pigford itself is, in the least a large scam perpetrated on America. The vast majority of payouts under Pigford were fraudulent. In excess of 80,000 "black farmers" have taken advantage of the Pigford settlement, when there were only about 16,000 black farmers in the entire country.

Only days after vile Shirley Sherrod and her lowlife husband were awarded cash by the USDA, B. Hussein Obama asked her to join it. Shirley Sherrod's lending philosophy is the same racially-motivated subprime mortgage philosophy that has destroyed the U.S. economy. The weasel Carter started the Community Reinvestment Act while Slick Willie Clinton pushed it further. All the while Barry Soetoro was ramping up his racially motivated ACORN group to help destroy the Housing industry and the economy.

The fact that Obama hired Sherrod in the first place demonstrates that Obama has learned a lot from racist Rev. Wright. The fact that the Obama administration's new job offer to Sherrod included oversight of ending the USDA's discriminatory practices with regard to Pigford - the case from which she just received a bucket load of cash - shows that Obama is just as racially motivated as all of his mentors and friends, from Frank Marshall Davis, Al Sharpton, Racist Reverend Wright and Professor Gates.



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Wednesday, February 8, 2012

Soetoro Bows for Allah At Mosque - Destroys US Economy

Barack Obama will try to be RE-ELECTED no matter what it takes! ACORN, DOJ, SEIU, Occupy Lowlifes and the MSM (Media Supporting Marxists)!

And that is exactly what he is doing! By hook or crook, Mr. Obama is working for his re-election. He is already working hard to "steal the election" from the American people!

Not only is President Obama up to his old "ACORN" tricks, but it has been uncovered that ACORN, and its derivative, have illegally raised money to fund the "Occupy Wall Street" movement!

U.S. Rep. Darrell Issa is demanding that the Obama administration investigate allegedly fraudulent fundraising practices that ACORN's New York front group has used to raise funds for Occupy Wall Street (OWS). If you will recall, ACORN at one time employed Barack Obama as an organizer and lawyer!

Rep. Issa, chairman of the House Oversight and Government Reform Committee asked Brooklyn-based U.S. Attorney Loretta Lynch if New York Communities for Change (NYCC) "engaged in fraud through its participation in the Occupy Wall Street protests." NYCC is an off-shoot of ACORN, utilizing the same building and the basically the same staff!

A New York Communities for Change (NYCC) insider source said that money raised to help schools "isn't going to the campaign...it's just going to the protests!"

Collection of money, door-to-door, by NYCC staffers for the group's campaign to test schools for dangerous toxins has ended up in the Occupy Wall Street bank accounts! NYCC Executive Director Jon Kest has threatened and fired employees, destroyed documents, ordered staffers NOT to speak to the press, and installed surveillance cameras and recording devices at NYCC Headquarters in Brooklyn, just to help cover up the financial irregularities.

We need a Congressional investigation---and we need it NOW! Please help fax now!

Please CLICK HERE to FAX every Member of the United States Congress to make sure there is a Congressional investigation into ACORN---and its offshoots---to make certain they do not "steal" an election from the American people!

These charges by U.S. Rep. Darrell Issa (R-CA) stagger the imagination. We must DEMAND a Congressional investigation!

Barack Obama was supposedly elected because people wanted "change." Well, we got it! But it is the change that no one thought would happen in the United States of America!

Obama is for MORE government intrusion into the daily lives of its citizens...YOU! His sayings about America's mediocrity, while bowing for Allah at a mosque, taking a back-seat to Congress in promoting the Super-Committee outcome, illegal government over-reach when it comes to healthcare, and anti-business---punishing those who strive to succeed, etc. ON and ON----

Yes, that's our "Commander-in-Chief!" His backroom, arm-twisting "lieutenants" in ACORN (and its derivatives!) are already working to make sure who wins this next presidential election. Your urgent fax is really needed today!

Let's examine the "great changes" that Barack Obama has caused:

•Unemployment has jumped almost 25% from 11,616,000 to 14,485,000 as of the beginning of September.

•Food stamp recipients took a 35.1% jump since Obama took office from 31,983,716 to 43,200,878!

•United States' citizens living in poverty have risen from 39,800,000 to 43,600,000 - up 9.5%!

•A gallon of regular gas was $1.79 on average when Obama took his oath of office. Now, the USA TODAY price is averaged at $3.59 a gallon---over 100% increase!

•Our national debt is up 34.4% from 10,627 trillion to 14,278 trillion dollars!

•Long-term unemployment went from 2,600,000 to 6,400,000 - a 146.2% jump since Obama came into office!

•Unemployed blacks have gone from 12.6% to 15.8% - up over 25%!
How are the above facts coinciding with real "change?" Can we afford another four years of Barack Hussein Obama?


ABSOLUTELY NOT!

That is why we must make sure that Congress investigates the ACORN organization, and its counterparts, to make sure that Mr. Obama does not steal the election!




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Monday, January 9, 2012

Obama's MARXIST CZARS!

Some may find the below disturbing, then again those who are socialists or communists may view it as just what the doctor ordered, that is if you are willing to pay the doctor bill. Enjoy.

There are very few of us who know just what all of Obama's Czars do, as they quietly go about their "work" in the nation's capital. This listing of their names and job descriptions should be educational to all Americans, no matter what your political leaning. If you resent the existence of these extra-governmental "officials", with their very generous salaries funded by, you guessed it, you the taxpayer, then get angry with the one who put these characters on the payroll.

See who they are and realize what they want to do:

Richard Holbrooke - Afghanistan Czar
Ultra liberal anti-gun former Governor Of New Mexico. Pro-Abortion and pro- drug legalization. Wants to dissolve the 2nd Amendment


Ed Montgomery - Auto recovery Czar
Radical anti-business black activist. Affirmative Action and Job Preference for blacks. University of Maryland Business School Dean; teaches that US business has caused world poverty. ACORN board member. Communist DuBois Club member.


Jeffrey Crowley - AIDS Czar
Radical Homosexual. Gay Rights activist. Believes in Gay Marriage and a Special Status for homosexuals only, including complete free health care for gays.


Alan Bersin - Border Czar
The former failed superintendent of San Diego. Ultra-Liberal friend of Hillary Clinton. Served as Border Czar under Janet Reno - to keep borders open to illegals without interference from the Federal government.


David J. Hayes - California Water Czar
Senior Fellow of radical environmentalist group "Progress Policy". No training or experience in water management whatsoever.


Ron Bloom - Car Czar
Auto Union worker. Anti- business & anti- nuclear. Has worked hard to force US auto makers out of business. Sits on the Board of Chrysler which is now Union-owned. How did this happen?


Dennis Ross - Central Region Czar
Believes US policy is the cause of war in the Middle East. Obama apologist to the world. Anti-gun and completely Pro-Abortion.


Lynn Rosenthal - Domestic Violence Czar
Director of the National Network to End Domestic Violence. Vicious anti-male feminist. Supports male castration - imagine?


Gil Kerlikowske - Drug Czar
Devoted lobbyist for every restrictive gun law proposal, former Chief of Police in liberal Seattle WA. Believes no American should own a firearm. Supports legalization of all drugs.


Paul Volcker - Economic Czar
Former head of the Federal Reserve under Jimmy Carter when US economy nearly failed. Obama-appointed head of the Economic Recovery Advisory Board which engineered the Obama economic disaster to US economy. Member of anti-business "Progressive Policy" organization,


Carol Browner - Energy and Environment Czar
Political Radical. Former head of the EPA – known for anti-business activism. Strong anti-gun ownership.


Joshua DuBois - Faith-Based Czar
Political Black activist. Degree in Black Nationalism. Anti-gun ownership lobbyist. WHAT THE HELL DOES A FAITH BASED CZAR DO ? ? ?


Cameron Davis - Great Lakes Czar
Chicago radical anti-business environmentalist. Blames George Bush for "Poisoning the water that minorities have to drink." No experience or training in water management whatsoever. Former ACORN Board member (what does that tell us?)


Van Jones - Green Jobs Czar -Another Lowlife Czar in the Regime (since resigned).
Black activist with strong anti-white views. Member of American Communist Party and San Francisco Communist Party. Said George Bush caused the 9-11 attacks and wanted Bush investigated by the World Court for war crimes.
(Did the cowards in the MSM (Marxist Supporting Media) attack Racist Van Jones for quiting like they did Sarah Palin?


Daniel Fried - Guantanamo Closure Czar
Human Rights activist for Foreign Terrorists. Believes America has caused the Global War on Terrorism. Believes terrorists have rights above and beyond Americans.


Nancy-Ann DeParle - Health Czar
Former head of Medicare / Medicaid. Strong proponent of Healthcare Rationing (i.e. "Death Panels"). She is married to a reporter for The New York Times.


Vivek Kundra - Information Czar
Born in New Delhi, India. Controls all public information, including labels and news releases. Monitors all private Internet emails. (HELLO?)


These are the despicable Thugs that our President admires and hangs with. The goal of these lowlife Thugs is to destroy America! Any Person who still states that they will vote for Barry Soetoro must be a Racist and an anti-American Thug. We can no longer accept that Obama Voters are misinformed with all the evidence out there.

Oh yeah, how about Barry Soetoro voting to let Babies Born Alive to die alone in a Utility Room. The Republicans who say Barry is a nice Guy MUST stop the Political Correctness. Barry is a disaster!

Hat Tip to Mort Kuff



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Saturday, January 7, 2012

WHERE ARE THEY NOW? More Putrid Democrats

Read the surprise answer at the end

The three who brought down Wall Street

Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.

Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!

Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

================
Democrats Brought About the Financial Crisis!


WHERE ARE THEY NOW?

Lowlife FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.

Despicable TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.

Dirtbag JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.

Kinda makes you sick to your stomach.

Our government seems to be rotten to the core and is much more corrupt under Barry!

Are we stupid or what? Vote in 2012. It is the most important election of our lives.

Florida-car-insurance-directory-rates



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Wednesday, May 12, 2010

'Don't Ask, Don't Tell'... Anything about Shariah Law


Ralph-Kramden-Stop-Marxism


We have a great story below by Alan Foster, regarding this Kagan Dude. This Kagan is sooooo confused. Kagan punishes our great Military because he/she/it (Is it Politically Correct to include the it?) does not agree with "Don't Ax, Don't tell". Then the hypocrite that she is, goes to work for Slick Willie, who shoved 'Don't Ask, Don't Tell' down our throats. Haven't these Liberals done enough damage? Carter and Clinton with the Community Reinvestment Act (CRA), destroying our housing Market. Now Barry Soetero with his Cross Dressers for the Supreme Court. George Costanza, from Seinfeld in Drag, aka "Racist Sotomayor". Now, Barry has Ralph Kramden in Drag, aka Kagan.


By Alan Foster
Elena Kagan, current Solicitor General of The United States and former Dean of the Harvard Law School, exemplifies selective outrage. She knows a lot about "Don't Ask, Don't Tell" when it comes to ROTC on the Harvard Campus, but wears official blinders when it comes to Islamic treatment of homosexuals.


When Professor Kagan ascended to the position of Dean of the Law School, Harvard was in a quandary over military recruitment. Long opposed to the military's policy towards openly gay men and women but ever solicitous of the greenbacks offered by the federal government, the school tried to hedge its bets on the Solomon Amendment, passed in 1994, which required the Secretary of Defense to deny federal grants to institutions of higher learning that prohibited or prevented ROTC or military recruitment on campus. And who better to circumvent the law's intent than the serried ranks of lawyers in Cambridge, Massachusetts? They argued that Washington money should still flow because even though the college placement office was barred to recruiters, ROTC courses could be offered by the Harvard Law School Veterans' Association.

Training on campus was still verboten for Harvard ROTC candidates, and they were forced to travel down the road to MIT to fulfill their training obligations. Too clever by half? Some congressmen thought so, and they responded by fortifying the act in 2001 by passing an amendment that denied all funding -- not just to law schools, but to the entire institution that prohibited or prevented recruiting. Although Dean Kagan did not sign a petition along with many of Harvard's Law School faculty opposing the Solomon Amendment, she did join two amicus briefs in that regard, one submitted to the Supreme Court.

In 2006, The Supreme Court upheld the law, and only two schools refused to comply, thus forfeiting federal largesse. Now, these facts are widely known to the legal community and to many in the country at large. What is not so well-known is Dean Kagan's contemporaneous approval of and promotion of a little-known but richly endowed Harvard Law School program called The Islamic Legal Studies Program. What does all this have to do with Elena Kagan and her principled stand on "Don't Ask, Don't Tell?" It has a lot to do with honesty, integrity, and Harvard's vaunted advocacy for human rights.

The Harvard Islamic Legal Studies Program was made part of Harvard Law School in 1991 with significant funding from distinctly undemocratic sources, mainly from the Gulf States. The program purports to be a research program "that seeks to advance knowledge and understanding of Islamic law." The program works closely with the Harvard Islamic Finance Project, which became an official part of the Law School in 2003, the same year Professor Kagan was awarded the title of Dean.

But is it strictly a "research program"? A few times a year, the directors of the Finance Program take groups of promising Law School and Harvard Business School students to the Middle East on junkets to learn the intricate and arcane practices of Sharia Compliant Finance. Many of these promising students go on to work for such banks and investment firms as the Kuwait Finance House, HSBC Amanah Bank, and the Abu Dhabi Islamic Bank. The intertwined programs, it would seem, go far beyond mere "research" projects. Shariah Finance, it should be noted, is the Islamic approach to investing, mortgage lending, and a host of other money-related practices. Along with its prohibitions on interest accrual and trading in commodities such as pork, alcohol, and gambling is an overarching negative view of homosexuality. Negative, that is, to the point of advocating violence against gays.

Whatever dim views one may hold on the "Don't Ask, Don't Tell" policy of the U.S. Military, the policy pales in comparison to the outright calls to violence enunciated by some of the Islamic world's most prestigious and powerful Shariah advisors.

Case in point: Meet Sheikh Muhammed Taqi Usmani, former appellate court judge in Pakistan, a Deobandi (one of the most extreme Pakistani schools of Islam, associated with the Pakistani Taliban)-trained jurist and chief Shariah advisor to the HSBC Amanah Bank, one of the world's largest and richest banks and one of the sponsors of Harvard's Islamic Finance Project. Among other delightful quotes from Sheikh Usmani:

For a non-Muslim state to have more pomp and glory than a Muslim state itself is an obstacle, therefore to shatter this grandeur is among the greater objectives of jihad (from Islam and Modernism)

Also from Usmani's book: "Killing is to continue until the unbelievers pay jizyah (subjugation tax) after they are humbled or overpowered."

Apparently, these kinds of medieval barbarities did not rise to the level of immorality embodied in the military's "Don't Ask, Don't Tell" policy. At any rate, Dean Kagan never objected to the underlying principles of the program at her law school. Perhaps topics from the program like "Recent Trends and Innovations in Islamic Debt Securities" distracted her from the fundamental discriminatory underpinnings of Sharia Law.

The idea that Harvard Law School would abide such opinions emanating from less well-heeled spokesmen is not even worthy of consideration. Imagine the nation's preeminent law school hosting a program on "white supremacist law and finance." It's all about the money, of course. In addition to the funding of the Islamic Legal Studies Program, other Muslim plutocrats like Prince Alwaleed bin Talal, who dropped twenty million dollars into Harvard's coffers a few years ago, have had a tremendous influence on the university and its culture.

If Sheikh Usmani's views on jihad were not repellent enough, keep in mind that homosexuality has been a crime under Shariah Law in his native Pakistan since 1860. According to that country's penal code, enforced by Judge Usmani, Article 377 states:

Whoever voluntarily has carnal intercourse against the order of nature with any man, woman or animal, shall be punished with imprisonment for life, or with imprisonment of either description for a term which shall not be less than two years nor more than ten years, and shall also be liable to fine. Penetration is sufficient to constitute the carnal intercourse necessary to the offence described in this section.

And here, the chief Shariah Adviser to the sponsors of Harvard's program writes:

It is the same modernity that has engulfed the whole world in the tornado of nudity and obscenity, and has provided an excuse for fornication, and moreso it has led under thunderclaps to the passage of a bill in the British House of Commons to legalize homosexuality (Islam and Modernism).

Suddenly "Don't Ask, Don't Tell" seems pretty benign.

Not only does the Harvard program feature homophobic and "homicidal" clerics, but even the Harvard Muslim Student Chaplain, Taha Abdul-Basser, who has lectured regularly at the Islamic Finance Project, declared apostasy from Islam a capital (not the finance kind) offense:

Abdul-Basser wrote that there was "great wisdom (hikma) associated with the established and preserved position (capital punishment [for apostates]) and so, even if it makes some uncomfortable in the face of the hegemonic modern human rights discourse, one should not dismiss it out of hand (The Harvard Crimson April 14, 2009).

Dean Kagan's reticence about these programs at her own law school should raise serious questions of integrity, sincerity, forthrightness, and ultimately, honesty.

Alan Foster is a pseudonym.

Racist-Sotomayor-Stop-Marxism

George Costanza in Drag!
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Tuesday, September 30, 2008

ACORN's Senator

By INVESTOR'S BUSINESS DAILY
Election '08: Barack Obama wasn't just the second-largest recipient of Fannie Mae and Freddie Mac political contributions. He was also the senator from ACORN, the activist leader for risky "affirmative action" loans.

Despite efforts to blame the rescue bill's failure on the GOP, it should be remembered that 95 Democrats — some 40% of the Democratic Caucus — withheld support. Obama himself also deserves blame — not only for the bill's failure, but also for the crisis it was designed to solve.

As the New York Times reports, "Aides to Mr. Obama said he had not directly reached out to try to sway any House Democrats who opposed the measure." Is the reason the fact that the slush fund for ACORN in the original bill, siphoning off 20% of any future profits for such activist groups, was trimmed from the tree?

Obama, who once represented ACORN in a lawsuit against the state of Illinois, was hired by the group to train its community organizers and staff in the methods and tactics of the late Saul Alinsky. ACORN would stage in-your-face protests in bank lobbies, drive-through lanes and even at bank managers' homes to get them to issue risky loans in the inner city or face charges of racism.

In the early 1990s, reports Stanley Kurtz, senior fellow at the Ethics and Policy Center, Obama was personally recruited by Chicago's ACORN to run training sessions in "direct action." That's the euphemism for the techniques used under the cover of the federal Community Reinvestment Act to intimidate financial institutions into giving what have been called "Ninja" loans — no income, no job, no assets — to people who couldn't afford them.

CRA was designed to increase minority homeownership. Whenever a bank wanted to grow or expand, ACORN would file complaints that it was not sufficiently sensitive to the needs of minorities in providing home loans. Agitators would then be unleashed.

Chicago's ACORN used Alinsky's tactics against institutions such as Bell Federal Savings and Loan and Avondale Federal Savings. In September 1992, the Chicago Tribune described the group's agenda as "affirmative action lending."

Obama also helped ACORN get funding. When he served on the board of the Woods Fund for Chicago with Weather Underground terrorist William Ayers, the Woods Fund frequently gave ACORN grants to fund its activist agenda.

In 1995, Kurtz reports, Obama chaired the committee that increased funding of ACORN and other community organizers. The committee report boasted that the fund's "non-ideological" image "enabled the Trustees to make grants to organizations that use confrontational tactics against the business and governmental 'establishments' without undue risk of being accused of partisanship."

The CRA empowered regulators to punish banks that failed to "meet the credit needs" of "low-income, minority and distressed neighborhoods." It gave groups such as ACORN a license and a means to intimidate banks, claiming they were "redlining" poor and minority neighborhoods. ACORN employed its tactics in 1991 by taking over the House Banking Committee room for two days to protest efforts to scale back the CRA.

As a former White House staff economist writes in the American Thinker, Obama represented ACORN in a 1994 suit against redlining. ACORN was also a driving force behind a 1995 regulatory revision pushed through by the Clinton administration that greatly expanded the CRA and helped spawn the current financial crisis.

Obama was the attorney representing ACORN in this effort. Last November, he told the group, "I've been fighting alongside ACORN on issues you care about my entire career." Indeed he has. Obama was and is fully aware of what ACORN was doing with the money and expertise he provided. The voters should be aware on Nov. 4 of the roles of both in creating the current crisis.
By INVESTOR'S BUSINESS DAILY
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