10-14-08

 

     After first voting against the Wall Street bailout, Congress then voted in favor of the $700 billion aid package. Of course, the bill was loaded down with another $150 billion in pork to sway those who originally opposed the bailout to vote yes. Some of the additional spending was justifiable and included tax credits for research and development, expanded child tax credits as well as protecting middle-income families from the overly broad aternative minimum tax. On the other hand, more billions were thrown about as outright bribes for special interests such as Hollywood producers (Like Oliver Stone and Michael Moore need our tax dollars to spit on America), stock car racetracks (we definitely  need another Daytona Speedway ) and an archery firm in Oregon. Nice going.

 

    What we did not get in the deal? How about Barney Frank ( or any Democratic lawmaker for that matter) admitting the whole mess was started in earnest during the Clinton Administration. They pressured mortgage lenders to loosen the pursestrings and cut loans for low-income families who had no jobs, income other than welfare, or assets to use as collateral (so-called "Ninja" loans). The argument being that more people needed to be able to buy their own homes regardless of their economic circumstances. I lenders refused, they were labelled as racists by leftist activists like Jesse Jackson and his Rainbow Coalition. Other groups such as the Association of Community Orgaizers for Reform Now (ACORN) would go so far as to stage protest rallies outside banks, storm bank lobbies and barge in on board meetings demanding low-interest loans. Can you say EXTORTION? STRONG-ARM TACTICS?

 

$850 billion of my tax dollars lost in the name of an economic form of affirmative action. Thanks.

 

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While we're on the subject of ACORN....

 

      The non-profit orgaization is accused of voter registration fraud in 13 states. This is nothing new. During the 2006 campaign ACORN submitted false registration applicatins in Missouri, New Mexico, Ohio, Pennsylvania and Washington State.  State investigators in Nevada raided ACORN's office in Las Vegas. Nevada state officials allege  that ACORN hired 59 convicted felons on a work-release program as canvassers and submitted nearly 300 possibly fraudulent voter registration cards. Many of those phony registrations were filled out by members of the Dallas Cowboys including quarterback Tony Romo.  In Ohio, witnesses told Cuyahoga County prosecutors they were harassed by ACORN canvassers into filling out multiple registration forms. One witness stated he filled out 73 forms. Of course, representatives from ACORN Headquarters in Chicago flatly deny the allegations and accuse investigators of working for the Republican party in an effort to disenfranchise minority voters in the upcoming Presidential election. Question: Does anybody smell a Chicago Sewer Rat?  In response to these charges, House Republican leader John Boehner (OH) has called for all federal funding of ACORN be stopped.

 

Point of interest, Folks. Democratic Presidential Nominee Barack Obama used to work for ACORN. Coincidence? I think not.

 

"Enough Said!"