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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (306284)	7/11/2011 10:16:43 PM
From: joseffy	Respond to of 306849

It Turns Out Obama Gave ACORN $541K This Year, Not $80K ................................................................................................................... by Matthew Vadum Jul 11th 2011 biggovernment.com Remember that story from a few days ago, the one about the Obama administration giving ACORN a $79,819 grant in March despite a federal law that prohibits the government from giving money to ACORN? It turns out that sum is a lowball figure. I discovered Obama’s Department of Housing and Urban Development (HUD) gave ACORN another $461,086 in January. The funds were earmarked for ACORN Housing Corp. in January under HUD’s Self-help Homeownership Opportunity Program (SHOP), according to the government website USAspending.gov. In order words, the Obama administration gave fraud-ridden ACORN nearly a half million dollars to be used on housing development. The administration isn’t even trying to conceal the fact that it gave this money to ACORN. USAspending.gov identifies the recipient as “ACORN Housing Corporation Inc.” even though that nonprofit entity filed papers last year legally changing its name to Affordable Housing Centers of America (AHCOA). The website also provides the address of record for ACORN Housing as 1024 Elysian Fields Avenue, New Orleans, Louisiana. That’s the renovated funeral home that until recently served as headquarters for ACORN’s 370-plus shady affiliates. This means the Obama administration has given at least $540,905 in taxpayer money to ACORN this calendar year alone. The money was given to ACORN apparently in defiance of Public Law 111-117 which spells out in pretty clear terms that ACORN shouldn’t be getting any government funding. This is just the tip of the iceberg. More grants to ACORN are bound to surface. As I warn in my new book, Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers, ACORN is still with us, doing its best to destroy American capitalism and democracy. The group is gearing up right now to make sure President Obama, who worked for ACORN as an employee and as its lawyer, gets reelected in 2012. Its state chapters have adopted assumed names and remain active. Project Vote, ACORN’s vote manufacturing factory, continues to operate unmolested in ACORN’s Washington, D.C. office. ACORN International (a.k.a. Community Organizations International) has spreadwide worldwide and is now operating in many countries, including Canada, Peru, Kenya, Dominican Republic, and India.