Day By Day

Monday, June 11, 2012

ACORN is back

Judicial Watch has news of how nearly a half billion dollars of your money is funneling through an ACORN alumnus.
The Obama Administration has given a former director at the scandal-plagued Association of Community Organizations for Reform Now (ACORN) nearly half a billion dollars to offer “struggling” Illinois homeowners mortgage assistance, a Judicial Watch investigation has found.

It means the ACORN official (Joe McGavin) will go from operating a corrupt leftist community group that’s banned by Congress from receiving federal funding to controlling over $445 million in U.S. taxpayer funds.  The money is part of a $7.6 billion Treasury Department program to help the “unemployed or substantially underemployed” make their mortgage payments.

In this case, JW found that a subcomponent of the state-run Illinois Housing Development Authority, known as the Illinois Hardest Hit Program, received a generous $445,603,557 Treasury infusion. The Obama Administration established Hardest Hit in 2010 to provide targeted aid to families in states hit hardest by the economic and housing market downturn, according to its website.

In early 2011 McGavin was appointed as director of Hardest Hit. Before that he was director of counseling for ACORN Housing in Chicago and operations manager for a Chicago ACORN offshoot called Affordable Housing Centers of America (AHCOA). His strong ties to ACORN make him a suspect candidate to handle such a huge amount of taxpayer dollars.
You see...all the ACORN ban did was force them to change names.  But the money still flows.  Your money.

Now, some may say that the real story is the $7.6 billion being given to bail out two groups....the Democrat voters who borrowed money they could never repay, and the Wall Street bundlers who made those bad loans in the first place.  Both of which give their support and votes to The One.

Rather than ban ACORN from receiving money, stop giving the money in the first place.  If there's no federal funding, there's nothing to steal.

Hat tip to Moonbattery for the heads up.

No comments: