September 30, 2008

Stanley Kurtz on ACORN and Obama
— Ace

Two Thumbs Up Two Balls Dipped.

Ed Morrissey errs when he says "don't get too focused on ACORN, the problem is Fannie and Freddie." Yes, it was Fannie and Freddie guaranteeing all these horrible mortgages that allowed banks, or so they thought, to take these risks.

But ACORN, the Congressional Black Caucus, Barney Frank, Chris Dodd, and Barack Hussein Obama all worked together to build the bomb. Separating ACORN from Fannie is like saying Al Qaeda could never support Shiite extremists.

This was an inside-outside operation from the getgo -- ACORN providing external "grassroots" demands for these mortgages, the government empowering them to do so, ACORN pressuring banks to make the loans, government sponsored entities Fannie and Freddie removing the risk (or so it was thought) from the loans.

They all worked together on this. They're all on each other's speed dials. ACORN forges up fraudulent voter registrations to help Democrats steal elections; Democrats propose giving 20% of all revenues (not profits, revenues) from the bailout to ACORN, etc.

As this Fannie executive says -- We're all part of "the family."

The Trillion Dollar Man: Obama advisor Jim Johnson pledged one trillion to back these shit mortgages as Fannie CEO.

And made a fortune doing so. Hey, on paper, he was making money. All those new mortgages, and he dipped his beak into every one.

Who cares if the mortgages default three years after he leaves. Not his problem.

Posted by: Ace at 12:22 PM | Comments (58)
Post contains 251 words, total size 2 kb.

1 If you dip your balls in ink before tea bagging, it leaves a mark on them.

Posted by: Z Ryan at September 30, 2008 12:24 PM (PDeVA)

2 We need to get swiftboating on this right away.  I think it is essential that McCain makes the American people see this connection.  Once the average schmuck sees that ACORN is essentially responsible for the crisis we are in, and of course Obama is a big supporter of ACORN, they should go apeshit.  Whether we can make them see this connection or not is another matter.  Personally I'm not too hopefull.

Posted by: BTM at September 30, 2008 12:32 PM (v0dke)

3 Rush's answer to the bailout crisis.....RENT

Posted by: free at September 30, 2008 12:32 PM (cFwGO)

4 Nothing to see here, everyone just move along, there is nothing here. Hey look! Is that Brittany Spears having Palin's baby?  Let's check that out.

(walking away whistling)

Posted by: MSM at September 30, 2008 12:35 PM (LcpIn)

5 ACORN was breaking into bankers' offices, and harassing their families at home, huh? Why did they get away with that? Why do the rules not apply to them? Seriously, we can't let the goons win.

Posted by: stace at September 30, 2008 12:41 PM (JO0c/)

6 I say Mac gives it another week of normal politicking.  After the second debate and the needle hasn't moved, non-stop Ayers, Rezco and Wright.  I'm talking nothing else but that.  Go down swinging, take that terrorist loving punk down with him.   I would make it so every American hears those names at least 5 times a day.  Let the MSM call you crazy and whine about the backlash.  It will be neutron bomb time if I were Mac.

Posted by: Judd at September 30, 2008 12:44 PM (BXHeE)

7 Just a little reminder of where we were a year ago. Asshole Arlen Spector was holding hearings on the New England Patriots' alleged cheating in "Spygate."

We have assholes in Congress. None of them are competent to fix the shit THEY break. As Howie Carr said, "That's what happens when you elect people to run a government who never had a real job."

Posted by: Bart at September 30, 2008 12:46 PM (ypftB)

8 So let me get this right. You can break into Banks and demand money  but only if the money makes a Democrat rich?

I'm changing my party affiliation, and picking up a ski mask.



Posted by: dkshideler at September 30, 2008 12:47 PM (83iEc)

9 You've won me over - we need to spend $700B to make these goons successful.  How could i have been so blind? 

Posted by: blaster at September 30, 2008 12:48 PM (BiphJ)

10

Hah!

Hahaha!

That dude's name is Mudd.

Heh.

Posted by: Entropy at September 30, 2008 12:49 PM (HgAV0)

11 Can't talk about any of this. It's racist.

Posted by: Andy at September 30, 2008 12:50 PM (C3mTI)

12 McCain not hammering this home tells me everything:

He doesn't want to win.

Posted by: lorien1973 at September 30, 2008 12:54 PM (IhQuA)

13

But it's all Bush's fault and McSame and SarahOIsecretlywanttobanghersohardthatToddsteethfalloutPalin would only carry on the same evil, misguided policies. 

Wait.  If I follow my own logic, that means that it's ALSO Bush's fault that record numbers of people now own their own homes in America and 97.5 percent of them are current on their mortgages, ALL BECAUSE OF BUSH!!!  Fuck.  My head just exploded!

Posted by: Diderot's Dog's Balls Slappin' His Momma's Chin at September 30, 2008 12:56 PM (UioS4)

14

Change of subject, can someone teach the NY Times math?

"The Dow Jones industrials gained 485.21 points, halving the 777-point decline on Monday."

Halving the decline?  In what universe, Obamaland?

Kemp

Posted by: Kempermanx at September 30, 2008 12:56 PM (2+9Yx)

15 I'm with Judd.

Posted by: Nice Deb at September 30, 2008 12:58 PM (RPPPS)

16 It's not that McCain doesn't want to win, he doesn't know how to win. There's a fundamental disconnect between the GOP and the people.

The Democrats have their ear to the ground and speak directly to the people. The Republicans think they can run their candidacies from Mount Olympus and repeat the same old tired bullet points: cut spending, lower taxes, fight terrorism, pro-life, etc.

The people want more. They want to know that the candidates understand their day-to-day problems and share their concerns. People, like nature, abhors a vaccum. The Republicans offer no leadership. At least the Democrats are offering their shitty, wrong-headed leadership. Hey, it's something, and the people want something.

Posted by: Bart at September 30, 2008 01:02 PM (ypftB)

17 "Who cares if the mortgages default three years after he leaves." Suddenly, his recommendation of Joe Biden is making more sense. Talk about peddling a cheaply-built, termite-infested 70s bungalow with a fresh(ish) coat of paint.... "Caveat Emptor" indeed.

Posted by: notropis at September 30, 2008 01:02 PM (qgWWa)

18 Let me just pencil in a few more names for the "I strategised my conformity at the Michelle Obama Truth Camp #535 (harsh regime)" Tee shirt.

Posted by: Obama Truth Squad at September 30, 2008 01:05 PM (aCNs8)

19 Palin on Hugh Hewitt FYI.

Posted by: topsecretk9 at September 30, 2008 01:06 PM (cB8Zt)

20 This is the fucking smoking gun!

Why isn't McCain talking about this? Why isn't Bush using the bully pulpit?

I swear, Bush should be hammering this in to support McCain, why isn't he?

Posted by: uniball at September 30, 2008 01:10 PM (27iEn)

21 And she sounds great and well informed.

Posted by: topsecretk9 at September 30, 2008 01:12 PM (cB8Zt)

22 "Palin on Hugh Hewitt FYI" 'Bout Damn Time. (But you know who this helps, don't you?)

Posted by: notropis at September 30, 2008 01:14 PM (qgWWa)

23 and remember obama sueing  a bank because they wouldnt provide no doc loans?

Posted by: Wankin' Walter at September 30, 2008 01:15 PM (UmELH)

24 How come there was no advanced notice? I guess it doesn't matter since he will replay it.

Posted by: Booben at September 30, 2008 01:18 PM (EbsDB)

25 'This is the fucking smoking gun! Why isn't McCain talking about this? Why isn't Bush using the bully pulpit? I swear, Bush should be hammering this in to support McCain, why isn't he?' Cause we have to get a bill passed first (need the dems) to help the economy then we go after the crooks!

Posted by: politicalmuse at September 30, 2008 01:19 PM (kLKnf)

26 If we could link, I would link to some Harvard economist guy who doesn't agree with Ace.  And he's not even crying socialist!  Hard to believe. 

Posted by: blaster at September 30, 2008 01:23 PM (BiphJ)

27

I would be excited about this if I thought for one moment it would gain traction and take down the O!.  However, it is extremely unlikely to gain traction, as the MSM will not report on it.  On the outside chance it does gain traction outside the MSM, it just means another flunky gets thrown under the bus and the MSM will immediately start the drumbeat that it was all the flunky's doing.  The O! will come out with, "This is not the corrupt financier I thought I knew," and the issue will be dead.  Rinse, repeat.

Okay, I admit, I'm not being all that cautious at the moment.

Posted by: Cautiously Pessimistic at September 30, 2008 01:24 PM (ltwze)

28 Palin sounds great. Gerrarity sounds like an asshole.

Posted by: Booben at September 30, 2008 01:25 PM (EbsDB)

29

It could be that McLame knows there is a new group out there who is going to sponsor a major advertisement that hits them hard on this issue. The “Bank Loan Examiners For Truth” ads will  hit in October.

 

They will include video of Franklin Raines getting out of jail on weekends to issue more loans. Oh, that’s right, he didn’t go to jail because he has the magic D after his name.

Posted by: Vic at September 30, 2008 01:31 PM (b1ysY)

30 But ACORN, the Congressional Black Caucus, Barney Frank, Chris Dodd, and Barack Hussein Obama all worked together to build the bomb. Separating ACORN from Fannie is like saying Al Qaeda could never support Shiite extremists.

First of all, this is all "inside baseball" stuff that nobody cares about except political junkies like us.Second, even though he's run some pretty good attack ads against Obama, in some ways McCain is still playing like there's a Miss Congeniality prize to win. He'll rail against "Wall St. greed", but when it comes time to nail *by name* the congressmen who landed us in this mess, he's all "oh, I don't want to play the blame game."

The DC old boys' network is alive and well.

Posted by: OregonMuse at September 30, 2008 01:39 PM (FO+YO)

31

I agree that McCain could be holding back because of the need to get the deal passed.  Also, if he opened up with this right now, the press coverage would distract from the thursday VP debate.  Could be other things too of course.

 Still, I am counting on him to beat Obama so I think happy spin.

I am a moron though.

 

Posted by: ArandomPerson at September 30, 2008 01:46 PM (2PwTK)

32 Why do the rules not apply to them? Seriously, we can't let the goons win.

The soft bigotry of low expectation?

Posted by: Baron Von Ottomatic at September 30, 2008 01:46 PM (4ZOxD)

33

But its really Bush’s fault anyway.

 

http://tinyurl.com/y5t5m2

 

Posted by: Vic at September 30, 2008 01:51 PM (b1ysY)

34 Nancy Pelosi is quoted as "not wanting to unleash a witch hunt at Freddie and Fannie" just this week.

Posted by: Al at September 30, 2008 02:21 PM (Lk931)

35 Please consider that Al Qaeda is a Shia and not Shiite group. We wouldn't want to blow ourselves up, now would we?

Posted by: Rightly Guided Caliph at September 30, 2008 02:32 PM (s/1vd)

36 Jeebus. My balls feel as cool as the other side of the pillow and yet toasty warm all at once. I could dip my sack in this every day but I couldn't be expected to hold a job and shit. Still, it's tempting.

Posted by: spongeworthy at September 30, 2008 02:38 PM (rplL3)

37 Lets just hope this gets out - word about the community act is getting out, and people are starting to broaden the blame from Reagan/Bush (how that works I cannot figure) to "everyone in government, those rat bastards." Hopefully people will peek at a calendar and remember that in November 2006 the economy was roaring along and houses were selling like hotcakes... and it all went to hell since then. I don't blame the Democrats (at least not very much) but that ought to be significant to voters.

Posted by: Christopher Taylor at September 30, 2008 02:42 PM (0+Ggj)

38 Didn't the Obamatrons swamp some Chicago talk radio show a few weeks ago when he had Kurtz on?

Hmmmmm. I wonder why?

Posted by: rockhead at September 30, 2008 02:51 PM (DvaIL)

39 Further, ACORN sued in 1995 to push the sub-prime mortgages. Their lawyer? A certain Barack Hussein Obama.

Posted by: ginsocal at September 30, 2008 02:58 PM (6hw4x)

40 Lets just hope this gets out

It's not going to get out. Nobody cares, and the MSM will refuse to investigate it. Besides, they've got all their reporters dumpster-diving in Alaska and Arizona, so resources are kind of tight right now.

Obama can be filmed walking out of Tony Rezko's house in broad daylight carrying giant sacks of cash with a big dollar sign painted on each one and the MSM would refuse to report it.

See, maybe I should take up heavy drinking as a hobby.

Posted by: OregonMuse at September 30, 2008 03:09 PM (/GQkp)

41 Please consider that Al Qaeda is a Shia and not Shiite group.

They're fundamentalist Sunni, actually.

Posted by: Baron Von Ottomatic at September 30, 2008 03:13 PM (4ZOxD)

42 Sure, the legacy media won't get it out, they won't let it out of their networks. But word can get out on things anyway. Just ask Monica Lewinsky and Bill Clinton. It's like the music business, radio stations and MTV control music but sometimes, once in a while, something squeeks out past their headlock on the industry - Guns 'n' Roses Appetite for Destruction went gold before it got airplay in any venue.

Posted by: Christopher Taylor at September 30, 2008 03:47 PM (0+Ggj)

43

Didn't the Obamatrons swamp some Chicago talk radio show a few weeks ago when he had Kurtz on?
Yes, rockhead. Read about it here and at the links at Kathy Shaidle's column:

http://tinyurl.com/3mnurw
To cite just one example: take the use of "flash mobs" to intimidate a radio talk show host and his guests:  the author of a book critical of Obama's far left policies, and his ties to communists and other dubious individuals; and a journalist investigating Obama's ties to the unrepentant 1970s terrorist Bill Ayers.

To my surprise, the finest critique of this shameful episode came, not from a partisan conservative blog, but from Aaron Barnhart, the media critic behind the industry website TVBarn.com.

Posted by: andycanuck at September 30, 2008 04:11 PM (Mhm4L)

44 Vito Corleone would be proud.

Posted by: mwl at September 30, 2008 04:49 PM (k2d9r)

45

Clinton, Barney Frank, the Black Caucus, Dodd, Schumer and ACORN pushing affirmative action NINJA loans (No Job, No Income) who have ever thought it? 

 

Want to bet the GOP will not push for criminal investigations of these people for fraud and mismanagement?

Posted by: Thomas Jackson at September 30, 2008 05:05 PM (5ySCu)

46

"Want to bet the GOP will not push for criminal investigations of these people for fraud and mismanagement?"

From Amspec -

 

Emanuel, who served as a board member for Freddie Mac, one of the agencies that precipitated the economic crisis the nation now finds itself in, had no misgivings about taking a leadership role in tanking the bill. “He was cheerleading us along, mothering the votes,” says the aide. “We wanted enough to put the pressure on the Republicans and Congressman Emanuel was charged with making it close enough. He did a great job.”

Pelosi and her aides have made it clear they were not going to “whip” or twist the arms of members who did not want to vote, but they also made no effort to rally any support for a bill they attempted to hijack over the weekend.

Further, according to House Oversight Committee staff, Emanuel has received assurances from Pelosi that she will not allow what he termed a “witch hunt” to take place during the next Congressional session over the role Fannie Mae and Freddie Mac played in the economic crisis.

Emanuel apparently is concerned the roles former Clinton Administration members may have played in the mortgage industry collapse could be politically — or worse, if the Department of Justice had its way, legally — treacherous for many.

Posted by: flenser at September 30, 2008 05:29 PM (3X1Mn)

47

If you are uncovered as part of a cabal that has cost investors hundreds of billions of dollars, and you don't already have a Palace Guard and a fortress to live in, you're gonna need to go into Witness Protection,  "disappear" yourself, or take extraordinary steps to protect yourself in your public and private life.

I've said that Barney Frank ought to call Salman Rushdie on advice on how to go completely "black" while the world is relentlessly hunting you down.

Given that the list of Dems who made Freddie/Fannie fortunes and/or aided and abetted its rampant greed and criminality is growing day by day,

Barney should make a conference call to Rushdie, adding more Dems on his end:

Rahm Emanuel  (former member of Fannie, we just learned)

Jamie Gorelick  (the über-bitch of the Clinton years)

Chris Dodd  (taker of big preferential loans as a "Friend of Angelo")

Raines  (no need to explain)

Mudd   (ditto)

Johnson  (ditto)

Just consider the situation:  you are a Saudi prince, and you have watched a couple of Assclowns cost you and your fellow ruling elites $10 billion.

Do you get mad?

No.  You just turn quietly to your Wahhabi brethren and ask that a private "fatwa" be put out....

It would make a great movie, except that the only way to make it a commercial success would be to let the Saudis unambiguously succeed.

 

Posted by: effinayright at September 30, 2008 05:31 PM (fH1BE)

48 ACORN is a radical bunch of left-wing socalists trouble makers they should entierly lose their tax exempt status

Posted by: Spurwing Plover at September 30, 2008 05:42 PM (8t/JR)

49 Was it 20% of all revenues, or 20% of all profits from individual sales, regardless of whether there was a net profit from all individual sales?

Posted by: Daryl Herbert at September 30, 2008 05:56 PM (YvLui)

50

48ACORN is a radical bunch of left-wing socalists trouble makers they should entierly lose their tax exempt status

Leaving aside the grammatical/spelling/syntactical chaos: A quadruply-resonating redundancy!  You don't get to see those too often!! 

Still:   where are our conservative-funded "public interest" groups to sue for ACORN to end that tax-exempt status?

 We've got FIRE attacking anti-free speech on colleges, but IOW: Where's  is OUR  ACLU? 

Why do we sit here with our thumbs up our asses letting these "bastids" roll over us?

Posted by: effinayright at September 30, 2008 05:57 PM (fH1BE)

51

McCain could shout this from the roof and who would hear it?  The media sure isn't going to cover it.  People zone out when political ads come on TV.

I wish the Republicans had the stone to go to Pelosi and Reid in a press conference and say, "If you will call a nationally-televised, primetime news conference and publicly announce the truth about who got us into this mess and how we got here, we will support your bailout bill."  That might actually accomplish something.

Posted by: Steve L. at October 01, 2008 02:15 AM (o0YD+)

52 Steve, it'll never happen. Republicans have a "Please don't hit me again" attitude even when they ARE the majority party. Now that they're a minority party, they don't even have the guts to beg for scraps.

Posted by: SGT Dan at October 01, 2008 01:20 PM (oN/VZ)

53

It's time for swiftboating!  IThose whose hands were in the till, pay the piper!  Congress needs accountability.  Barney Frank, Chris Dodd, Bill Clinton, Franklin Raines, Jim Johnson and B. Hussein all need to be brought up on charges as well as anyone else involved.

It would also be good for the country if we could get rid of the nitwit Pelosi and Harry Reid.  Both are anti-american right along with the friends and associates of the Obama's - terrorists, thugs, and hateful preachers -

Who are these people who want to vote for B. Hussein?  Are they anti-American as well or don't know that his big "change" will mean their loss of freedom.  Look up socialism in the dictionary!

 

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