posted September 21, 2008 11:53 AM            

Everywhere we look in O'Bomber's past and present, he's tied to Marxists attempting to overthrow the United States or tied to outright crooks like Tony Rezko.

This is the change you and expect for the United States from Barack Hussein O'Bomber. He's still marching to the drumbeat of the 5th rate thinker from the 19th Century, Karl Marx and his every utterance comes straight out of the Marx/Alinski playbook.

Michael P. Tremoglie Talks
From Little ACORNs Grow Big Scandals
By Michael P. Tremoglie, The Bulletin
09/18/2008

A community organization, with longstanding ties to Barack Obama, has, according to numerous reports, repeatedly run afoul of voter registration laws both locally and nationally.

Mr. Obama worked for the Association of Community Organizations for Reform Now's Project Vote voter-registration campaign in 1992 after graduating from Harvard Law School. He directed a successful voter-registration campaign, credited with electing Carol Moseley-Braun to the U.S. Senate. Primarily targeting African-Americans, Mr. Obama's efforts added an estimated 125,000 voters to the rolls.

He also participated on a team of attorneys working on behalf of ACORN. They filed a 1995 lawsuit, which required the state of Illinois to implement the federal "motor-voter" bill. He still maintains a relationship with the organization. Mr. Obama's campaign had to file amended federal election reports in August. They paid more than $800,000 to Citizens Services Inc. (CSI), an ACORN subsidiary, to turn out for the campaign during the primaries. However, the campaign listed CSI's activities as polling, advance work and staging major events.

ACORN has a checkered past - and present. It is a grassroots political organization founded by Wade Rathke and George Wiley, both of whom were community organizers for the National Welfare Rights Organization (NWRO).
That checkered past also has turned up locally.

Philadelphia election officials recently accused ACORN, of filing multiple fraudulent voter registrations during the 2008 Pennsylvania primary. The case has been referred to the U.S. Attorney's office, according to Philadelphia Deputy Election Commissioner Fred Voight.

Delaware County election officials have made similar allegations against the group, and criminal indictments are pending.

This past July 24, Dauphin County detectives offered a $2,000 reward for information about the whereabouts of Luis R. Torres-Serrano, an ACORN worker, who was accused of submitting more than 100 fraudulent voter registrations.
ACORN's legal problems with their voter registration efforts stretch beyond state boundaries.

The Milwaukee district attorney is investigating 39 ACORN employees for criminal violations, including offering gifts to sign up voters and falsifying driver's license numbers, Social Security numbers or other information on voter registration cards.

Five ACORN employees were convicted and imprisoned in Washington state, in 2007, for what was described by Washington's Secretary of State Sam Reed, as, "was the worst case of election fraud in our state's history. It was an outrage."

"(ACORN) Workers ... said they were under pressure from the community-organizing group that hired them to sign up more voters," The Seattle Times reported . "Workers told investigators they went to the Seattle public library and filled out the voter registration forms, by using contrived names, addresses and Social Security numbers and in some cases plucked names from the phone book."

Numerous ACORN-related indictments and, or convictions, have been seeded across the country in recent years.
Four part-time ACORN employees were indicted in Kansas City, Mo., for voter registration fraud in November 2006. Two Colorado ACORN workers were sentenced to community service, in January 2005, for submitting false voter registrations.

During the 2004 election, ACORN, and its sister group Project Vote, ran a nationwide voter mobilization drive that was rife with allegations of voter fraud. A worker for one ACORN affiliate in Ohio was allegedly given crack cocaine in exchange for fraudulent registrations that included underage voters, dead voters and voters named Mary Poppins, Dick Tracy and Jive Turkey. Four Ohio ACORN employees were indicted by a federal grand jury for submitting false voter registration forms.

Messrs. Rathke and Wiley formed ACORN in the early 1970s, expanding their involvement beyond welfare recipients to all issues touching low-income and working-class people. According to Discoverthenetworks.org, they enlisted civil rights workers and trained them in a program at Syracuse University patterned after the Saul Alinsky school of activist tactics in Chicago.



Today, ACORN is the largest community organization of low- and moderate-income people in America, with over 400,000 member families organized into more than 1,200 neighborhood chapters in 110 cities across the country.

ACORN founded the Working Families Party in New York in 1998. They endorsed Hillary Clinton for her Senate campaign that year. Canvassers from ACORN and its sister groups launched a statewide voter-mobilization drive that proved influential in Mrs. Clinton's victory.
Yet, opponents say ACORN has violated its own mission not to mention numerous laws meant to protect poor and working class citizens and voters.

The New York Times reported in July 2008 that a whistleblower forced the organization to publicly disclose an embezzlement of almost $1 million in 1999 and 2000, involving Dale Rathke, the brother of the organization's founder Wade Rathke.

Some ACORN executives kept the information from board members and did not tell law enforcement. Meanwhile, Dale Rathke remained on the payroll until June 2008, when disclosure of his theft forced the organization to dismiss him.

"We thought it best at the time to protect the organization, as well as to get the funds back into the organization, to deal with it in-house," said ACORN President Maude Hurd. "It was a judgment call at the time, and looking back, people can agree or disagree with it, but we did what we thought was right."

The Consumers Rights League spokesman Jim Terry said, "ACORN has a long and sordid history of employing convoluted Enron-style accounting to illegally use taxpayer funds for their own political gain. Now it looks like ACORN is using the same type of convoluted accounting scheme for Obama's political gain."

ACORN did not respond to requests for a statement. However, they did refer to a statement by Ms. Hurd, in a Sept. 12 press release, saying, "ACORN has NEVER been indicted for voter fraud, violating elections laws or encouraging ineligible citizens to vote."
http://www.thebulletin.us/site/index.cfm?newsid=20128338&BRD=2737&PAG=461&de

posted September 21, 2008 12:20 PM            

On the heels of successful documentaries a) answering Michael Moore's "Fahrenheit 911," b) criticizing the United Nations, c) exploring with Newt Gingrich this nation's history of acknowledging God in the public square, and d) taking the fight to Hillary Clinton, CU's David Bossie now has produced a superlative, fact-heavy analysis of Barack Obama's record, rhetoric, ideology and inclinations. Granted, "Hype" includes no interviews with anybody left of the political center-right, so the opinions in it are predictably expressed from a conservative perspective. But facts are facts, and "Hype" outlines a bevy of them in a manner that should compel any fair-minded viewer to wonder if Obama is anywhere even within sniffing distance of the broad American political mainstream.

The establishment media, Bossie says, have not spent nearly enough "questioning who Barack Obama is, what he stands for, and if he is ready to lead America.... There are very few places where the full record of Barack Obama is available."

The film premiered in Denver during the Democratic Convention and in Minnesota during the GOP confab, and is premiering Wednesday and Thursday of this week in Phoenix and Seattle. But perhaps the people who need to see it the most are the high commanders of John McCain's campaign -- because commercials about lipstick and celebrity and "disrespect" of Sarah Palin will wear out their welcome rather quickly.

Without rehashing the film point by point, suffice it to say that even a sober, unhyped look at Obama's record and issue positions should make the Democratic nominee unpalatable to Middle America.

If the McCain campaign doesn't make every sentient American aware by Election Day, for instance, that Barack Obama led the fight against saving babies born alive during "botched" abortions, it will be committing political malpractice. Obama's position was not just wrongheaded but positively monstrous, sickening, borderline inhuman.

Likewise, voters should know about how Obama proposes (or has proposed) to tax small businesses exorbitantly, meet with enemies like Iran's Ahmadinejad "without precondition," keep offshore oil fields off limits for drilling, and seriously limit handgun ownership rights. They should know that he chairs a subcommittee that partly oversees NATO (and its mission in Afghanistan), but hasn't held a single hearing. They should know how even his fellow Democrats have criticized him for breezing into committee meetings late and then rehashing already-covered material. And they should know -- and this I do feel certain McCain will mention often -- how incredibly and repeatedly wrong Obama was on the "surge" in Iraq.

Voters should be reminded that Obama voted against the confirmation of Chief Justice John Roberts. And that he is among the biggest recipients of campaign donations from Fannie Mae and Freddie Mac. And that he has no record of bipartisanship. And that he proposes hundreds of billions of dollars of new government spending.

And, taking a page from Gingrich's research showing that Americans overwhelmingly support English language instruction and requirements, the McCain team would be wise to highlight Obama's sneering hostility to English preferences in law.***Yes, "Merci Beaucoup"***

Finally, on one of the biggest kitchen-table issues of these times, McCain should stress repeatedly the fact that Obama opposes McCain's proposal to allow health insurance to be sold across state lines. Michigan voters, for instance, should have the option to buy their insurance in, say, South Dakota, if the premiums are lower in the latter.

In all of this, it should be easy to explain how Obama's policies would negatively affect the lives of average Americans. But -- back to Bossie's movie again -- Obama's opponents ought not shy away from a fuller exposition of just how closely tied Obama was to a whole slew of radicals and crooks, and of how that background also could affect policies that have repercussions for Middle American values, jobs, and safety.

Again, these disturbing facets of Obama's record can speak for themselves if presented simply and unadorned, without any histrionics or hyped-up language to scare the public. The record itself is such anathema to Middle America that voters will "get it" even without some somber-voiced ad narrator or ominous music pounding home the point.

Rhetoric aside, Obama is about as much in step with the majority of Americans as Britney Spears would be if she were trying to foxtrot with Fred Astaire. ("Hype" does show Obama dancing funkily with Ellen DeGeneres, but that's another story.) Strip away Obama's deep-timbred voice and his puffball platitudes, and what remains is nothing more than an academic radical using Chicago machine politics to grab a power base and using smoke-and-mirrors to project a pleasing image. The way to break through this "Obama Effect" is to focus on substance, and let the people decide.

Quin Hillyer is an associate editor at the Washington Examiner and a senior editor of The American Spectator. He can be reached at qhillyer@gmail.com.
http://www.spectator.org/dsp_article.asp?art_id=13903

posted September 22, 2008 09:34 AM            

Lather, rinse, repeat.

posted September 27, 2008 11:00 PM            

Unfortunately, this wasn’t the case for the 1,406 people who lost much of their life savings when Superior Bank of Chicago went belly up in 2001 with over $1 billion in insured and uninsured deposits. This collapse came amid harsh criticism of how Superior’s owners promoted sub-prime home mortgages. As part of a settlement, the owners paid $100 million and agreed to pay another $335 million over 15 years at no interest.

The uninsured depositors were dealt another blow recently when the U.S. Supreme Court let stand a lower court decision to put any recovered money toward the debt that the bank owners owe the federal government before the depositors get anything.

But this seven-year-old bank failure has relevance in another way today, since the chair of Superior’s board for five years was Penny Pritzker, a member of one of America’s richest families and the current Finance Chair for the presidential campaign of Barack Obama, the same candidate who has lashed out against predatory lending.
Yeah, that ∅bama. A man who stands up for the little guy. After his friends have kicked them down.
Though Superior Bank collapsed years before the current sub-prime turmoil that is rocking the world’s financial markets – and pushing those millions of homeowners toward foreclosure – some banking experts say the Pritzkers and Superior hold a special place in the history of the sub-prime fiasco.

“The [sub-prime] financial engineering that created the Wall Street meltdown was developed by the Pritzkers and Ernst and Young, working with Merrill Lynch to sell bonds securitized by sub-prime mortgages,” Timothy J. Anderson, a whistleblower on financial and bank fraud, told me in an interview.

“The sub-prime mortgages,” Anderson said, “were provided to Merrill Lynch, by a nation-wide Pritzker origination system, using Superior as the cash cow, with many millions in FDIC insured deposits. Superior’s owners were to sub-prime lending, what Michael Milken was to junk bonds.”

In other words, if you traced today’s sub-prime crisis back to its origins, you would come upon the role of the Pritzkers and Superior Bank of Chicago.
Well, isn't that special. Kind of reminds you of ∅'s special friend Tony Rezko who worked the low income housing scam in Chicago. Small potatoes that Tony. He only destroyed millions in housing value. Pritzker was involved with trillions. But you know the Democrats really have a heart for the poor. As long as they can rob them blind.

OK we have a looked at one thief for ∅bama. How about another? James A. "Jim" Johnson,
James A. "Jim" Johnson, born in Benson, now lives on the top floor of the Ritz-Carlton Hotel in Washington, D.C., with views of the Potomac and the Washington Monument. But you'll also find him in the inner circle of many of the nation's power groups.

In the last year, Johnson, who once was a member of an organization known as Friends of Hillary, has become tightly tied to the presidential campaign of Barack Obama. It's Johnson's job to vet potential vice presidential candidates for Obama, a duty he also performed for Walter Mondale, who ended up running with Geraldine Ferraro in 1984, and John Kerry, who ended up with John Edwards, four years ago.
Just a regular guy with lots of money? Maybe not so regular.

He was a backer of Walter Mondale in 1984.
Following the failed 1984 presidential bid, Johnson went about the business of making money. He joined with diplomat Richard Holbrooke in founding Public Strategies, which gave political advice to business clients. Later, he did similar work with Sherman Lehman in D.C. Holbrooke and Johnson remain together now, as vice chairmen of Perseus, an international merchant bank and private equity fund management company.

In 1990, Johnson went to work for the Federal National Mortgage Association (Fannie Mae) and quickly became its $5 million-a-year chairman. His compensation rose to a reported $21 million by his final year, 1998.

But Johnson did more than make a lot of money at Fannie Mae. He increased his connections — and his access to power — by establishing Fannie Mae foundations that spread around millions of dollars. Homeless shelters, colleges, hospitals all benefited from Fannie Mae Foundation money.
Well, what do ya know. Another ∅bama backer tied to the breakdown of the mortgage industry.

Which brings us to the Fannie Mae Foundation. A sweet little set up for handing out cash to a nice little outfit called ACORN among others. Here are a few of the grants to ACORN.
ACORN Housing Corporation - Dallas
Dallas, TX $20,000 approved in 1993
Support of a housing counseling program.

ACORN Housing Corporation - Little Rock
Little Rock, AR $1,000 approved in 1997
Ninth Maxwell Awards of Excellence honorable mention grant for a 9-unit affordable homeownership project using sweat equity.

ACORN Housing Corporation - Washington, DC
Washington, DC $3,386 approved in 1994
Support of computer equipment necessary to operate the Desktop Home Counselor.

ACORN Housing Corporation of Illinois
Chicago, IL $3,386 approved in 1994
Support of the purchase of computer equipment required to operate the Desktop Home Counselor.

ACORN Housing Corporation of Illinois
Chicago, IL $35,000 approved in 1994
Support of the placement of Americorps members with homeownership counseling programs.

ACORN Housing Corporation-National
Chicago, IL $100,000 approved in 2004
General operating support of an organization that helps families of limited means to secure and protect decent housing by providing housing counseling services, building homes, and educating policy makers in Chicago, IL; Phoenix, AZ; and Brooklyn, NY

OK so ACORN helps people who were barely qualified or totally unqualified get housing. So what would they be doing? Finding landlords who would rent to them? Well no. Landlords want to get paid. Fannie Mae had no such scruples. Ever hear of NINJA mortgages? Funny name, huh? It stands for No Income, No Job, No Assets. Just the kind of reliable folk honest lenders are looking for. People with a credit score of ∅.

Help with getting poor people mortgages was only one service ACORN provided. Another was help with elections. I wrote a little about that in Election Fraud Control. Let me quote a little from that piece. The question I'm asking is who you might need to be on the look out for when it comes to voter fraud?
Now who might you want to be on the look out for? A group called ACORN.
Late last month six people hired by ACORN were indicted for their role in filing false voter registration forms involving a 2006 drive to increase Missouri's minimum wage.
Here is something else interesting I'll bet you didn't know about ACORN:
ACORN is a former legal client of Senator Obama's, as the Sun-Times reported in 2006:
In 1995, former Republican Gov. Jim Edgar refused to implement the federal "Motor Voter" law, which Republicans argued could invite fraud and which some Republicans feared could swell the ranks of Democratic voters.

The law mandated people be allowed to register to vote in government offices such as driver's license renewal centers.

Obama sued on behalf of ACORN, the Association of Community Organizations for Reform Now. The League of Women Voters and other public-interest groups joined in.

"He and his client were the ones who filed the original case -- they blazed the trail," said Paul Mollica, who represented the League.
Voter fraud? From a Chicago Machine politician? I'm shocked. Actually I think the Chicago Machine needs to be praised. Jesus brought a few people back from the dead. Jesus himself is reported to have come back from the dead. But the Chicago Machine is special. They bring tens of thousands back from the dead. No wonder they hail ∅bama as The One.

It seems the Obama campaign has rather close ties to ACORN.
JAFFA, Israel – Did Sen. Barack Obama's campaign attempt to hide a paid working relationship with a radical leftist organization that has admitted to major financial improprieties and has been convicted in numerous major voter fraud scandals?

That question is being openly asked by the Republican National Committee after it was disclosed Obama's campaign paid more than $800,000 in services to Citizen Services Inc. (CSI), a nonprofit organization that is an offshoot of the Association of Community Organizations for Reform Now, or ACORN.
That ∅bama. He has such an honest face.

Here is an interesting case of Name That Party.
Milwaukee has discovered some more voter fraud with 10 more voter registration workers are being investigated by Wisconsin authorities. Fittingly, the Milwaukee Journal Sentinel covered the story in its paper on August 29. Unfittingly, the Journal Sentinel forgot one, tiny aspect of the story... that the voter fraud was perpetrated by Democrats. In fact, one of the organizations, ACORN, is intimately linked with Barack Obama.
Milwaukee’s top election official said Thursday she plans to seek criminal investigations of 10 more voter registration workers, including two accused of offering gifts to sign up voters.
So, what we have here is an Old Media story about voter fraud where the salient fact that the fraud is being committed by Democrats and Democrat organizations is somehow absent from the story. What a surprise, eh?
Yes it is a surprise. Why would an honest Party like the Democrats do such a thing? I blame it on a few bad apples. ∅bama, that proud community organizer, has been duped. No way he could be involved in such shenanigans.
Well it seems like he actually was tied in to the ACORN web of intersecting interests.

And ∅bama was not the only one involved. Barney Frank a noted champion of the poor was out in front, attacking the Fannies.
There were many moments of high entertainment during last week's House hearings on Fannie Mae's creative accounting. But our favorite was the Mister Magoo performance given by Barney Frank (D., Massachusetts) after learning that Fannie had handed out $245 million in bonuses over five years. Mr. Frank chided Fannie CEO Frank Raines and CFO Tim Howard, saying, "At the level of compensation you get, we ought to be able to count on you to do your very best without additional incentives."

Here's a case of misplaced moral outrage if we've ever seen one. Mr. Franks is mad about the salaries when he really should be mad at the rigged political game that has made them possible. Fannie's regulator, the Office of Federal Housing Enterprise Oversight, has reported that Fannie has been cooking its books. Add that to the increasing evidence that Fannie has been ignoring its mission to provide affordable housing, and we wonder if Mr. Frank doesn't need an eye checkup.

Ditto for the good liberals in the Congressional Black Caucus. Members of this group are often the loudest defenders of Fannie and her brother, Freddie Mac. Can it be that the annual donations made by the Fannie Mae Foundation to the Caucus have blurred their vision too?
Well what do you know. A wretched hive of scum and villainy. Our very own Congress. Well that was a report from 2004. Let me use the Way Back Machine and go back to 2002. A lovely year. We were still distracted from the thieves by the aftermath of 9/11. But some people were paying attention. The Wall Street Journal for instance. They had a cute name for their piece Fannie Mae Enron?
We were reading President Bush's budget the other day (we know, get a life), when we came across an unusual mention of our all-time favorite companies -- Fannie Mae and Freddie Mac. What we found is a tale we think taxpayers and investors should want to hear.

It seems that Fan and Fred, two "government-sponsored enterprises" that hold the majority of all home mortgages in the U.S., have been growing their debt at an annual rate of 25%. They now have about $2.6 trillion in debt outstanding, a big number in any case, but really big considering that taxpayers are on the hook for it. The budgeteers also expressed some anxiety about Fan and Fred's increasing dependence on derivatives.

Hmmm. Where have we heard this before? The more we've since looked at Fan and Fred the more they look like poorly run hedge funds: lots of leverage and snarkily hedged risk. The word Enron ring any bells?

Last year, Fan's debt/equity ratio was about 60 to 1, more than five times the average for commercial banks. Moreover, as mortgage lenders, Fannie's equity can hardly be said to be well-diversified. Risk thus becomes a critical question.

Fan and Fred face two kinds of risk: credit risk from the possibility that mortgage holders will default, and interest-rate risk from the possibility that mortgage holders will prepay, leaving Fan and Fred on the wrong side of the spread, that is, lending at low rates and borrowing at high rates. Of course, giant risk won't lead to giant problems if it's properly hedged.

But Fan and Fred's risk management looks to be rather frisky. Take insurance. Some credit risk can be reduced by buying insurance against default. But lately the siblings have been cutting back on insurance, leaving them with greater exposure to default. Self-insurance may not be a dumb strategy in good economic times, but in a sharp downturn it can look pretty stupid.
Well, things have turned down. The Chickens are coming home to roost. Say haven't I heard that some where before? Oh, yeah. ∅bama's favorite minister. Before he wasn't ∅bama's favorite minister.

Well Barry ∅bama was right in there looking out for the interests of the taxpayers.
Senator Barack Obama and two other prominent Democrats urged federal housing regulators on Tuesday to cut the golden parachutes of the ousted leaders of Fannie Mae and Freddie Mac, another sign that the government bailout of those mortgage giants could reverberate through the presidential campaign.

Mr. Obama, the Democratic presidential nominee, asked that any “inappropriate windfall payments” to the chief executives and senior managers of those agencies be voided, in a letter to Treasury Secretary Henry M. Paulson Jr. and the director of the Federal Housing Finance Agency, the new regulator for Fannie and Freddie.

Together, Daniel H. Mudd of Fannie Mae and Richard F. Syron of Freddie Mac are eligible for as much as $24 million in severance, retirement benefits and deferred compensation.

“Under no circumstances should the executives of these institutions earn a windfall at a time when the U.S. Treasury has taken unprecedented steps to rescue these companies with taxpayer resources,” Mr. Obama wrote.
Why yes. Mr. ∅ was outraged. The very people who helped to rip off the American people were taking millions from the taxpayers while ∅ was helping the thieves get away with trillions. I'm outraged. At the theater. What a great act. And he seems so sincere.

Bob Sikes looks into some of the fun and games. He quotes Jennifer Rubin.
During Obama’s time on the Woods Funds ACORN received grants of $45,000 (2000), $30,000 (2001), $45,000 (2001), $30,000 (2002), and $40,000 (2002) from the Woods Fund. (Obama in the early 1990’s helped train ACORN organizers and later served as counsel in 1995 for ACORN in a “motor voter” registration lawsuit.) And ACORN certainly appreciated whatever assistance Obama afforded the radical organization over the years.
∅ must be a genius to keep all that all in his head. So lets look at another little connection. Which politicians did Freddie Mac and Fannie Mae's Political Action Committees support? How about a look at the top five.
1. Dodd, Christopher J D-CT $133,900

2. Kerry, John D-MA
$111,000

3. Obama, Barack D-IL
$105,849

4. Clinton, Hillary D-NY
$75,550

5. Kanjorski, Paul E D-PA
$65,500
You know. Some of the names on that list look familiar. I'm sure I've seen them some where before.

Let's follow the money some more. Brian Lamb is interviewing Peter Wallison a Resident Fellow of the American Enterprise Institute.
LAMB: Let me show you a piece of paper. This is not very fancy graphics, but there are 70 members of the House Financial Services Committee. Every time you see a line through a name, that means that, in the 2008 cycle – and you can actually turn the pages here, same thing on the other side – the names really don’t matter.

But out of the 70 members, 50 of them got (ph) money for their campaigns …

WALLISON: That’s right.

LAMB: … from Fannie Mae. And, of course, money from Freddie Mac.

But we can add to that, not only do they get tremendous amounts of money all the time in the coffers, they have their PACs give to PACs.

WALLISON: Yes.

LAMB: And the PACs end up serving the members.

WALLISON: Right.
Well that is more than enough for one day. You have enough leads to follow the money and vote out the ******** behind it.

Cross Posted at Classical Values

Posted by M. Simon at 9/15/2008 08:19:00 PM

Labels: Corruption, Economics, Election '08, Obama

uppitywoman08 said...
Interesting stuff. I went after Pritzker a couple of months ago. Of course, the MSM was busy whistling at the time and looking for ways to set Hillary Clinton aflame instead. Pritzker owes the Feds about a half a billion. She's a real thief. Imagine somebody appointing her as their national finance chair? Of course, to Obama, that's just about right. Thanks for stopping by to see me!
http://powerandcontrol.blogspot.com/2008/09/best-congress-fannie-could-buy.html