ACORNS up Frank's Ass

MORE NUTS and FRANKS

If Peter Fitzgerald is indeed doing a 10 state Rico investigation into ACORN and BHO, the wonderful name "Democrat" is about to be splattered with mud, in a big way.  C-Span's Brian Lamb interviewed  AEI's Peter Wallison on Sept. 14th ...  Check this snippet. “ LAMB:  Why did they need a [Fannie Mae] foundation? And what purpose did it serve? ... WALLISON: But this is a – frankly, this is just another part of the scandalous process that was going on here. This is using essentially government money, taxpayer money, to lobby Congress indirectly through these groups. And more has happened. In the new housing legislation, one of the elements in this housing legislation, which contained the new regulations for Fannie Mae and Freddie Mac, never would have been passed, but for the fact that the Democrats wanted the housing bill aspect of this, because the problems in the housing market – Senator Shelby said, there isn’t going to be a housing bill out of this committee unless you put tough regulations of Fannie Mae and Freddie Mac in it. So, he got those tough regulations in the bill. But in addition, Congressman Barney Frank in the House wanted a special fund that comes out of the profits of Fannie Mae and Freddie Mac, and is then used for all of these community groups around the country. So, we see the same process continuing to work. Even though reform legislation was passed, it contains a nice slush fund that can be used by community groups around the country. So we see the same process continuing to work, even though reform legislation was passed, it contains a nice slush fund that can be used by the officials of Fannie Mae and Freddie Mac to reward community groups. ” "community groups," of course = ACORN  It's difficult to find the exact amount  to be parcelled out to ACORN, but it could be as much as $840 million.