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Politics : Formerly About Advanced Micro Devices

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To: longnshort who wrote (338424)5/23/2007 3:43:28 PM
From: Road Walker  Read Replies (1) of 1573435
 
re: "The bill ... calls for the creation of an 'affordable-housing fund' to be financed by Freddie Mac and Fannie Mae. Those responsible for this provision maintain that the fund is intended to direct money toward housing programs that would benefit the poor. During the first year, a Finance Committee press release says, the money would be largely directed toward areas affected by Hurricane Katrina.
"True enough. But there is a convenient catch for the Democrats. The money in the fund -- expected to total more than a billion dollars over the next five years -- would be siphoned through hard-left activists like ACORN (the Association of Community Organizations for Reform Now).
"ACORN is a fringe political group of the 'stop being so polite' variety, and it has a history of shady activity," the magazine said.


Wonder where they got the idea... could it be from Bush's "Faith Based Initiatives"?
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