Comments on: ACORN's Blackmailing of Banks http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/ Fri, 10 Feb 2012 12:34:39 +0000 hourly 1 By: News You Need to Know 16Dec09 | Mega Glomerate Main-Stream Media http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-33848 News You Need to Know 16Dec09 | Mega Glomerate Main-Stream Media Wed, 16 Dec 2009 18:33:40 +0000 http://newsrealblog.com/?p=11692#comment-33848 [...] ACORN's Blackmailing of Banks [...] [...] ACORN's Blackmailing of Banks [...]

]]> By: Tommy Barrios http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17506 Tommy Barrios Mon, 19 Oct 2009 02:31:17 +0000 http://newsrealblog.com/?p=11692#comment-17506 Well lets see! Would anyone working for ACORN be at the top of that list? What would you call someone who is cradle to grave believing in the expectations of a government check and government entitlements just because they exist! Someone who has spent a lifetime of scamming the system and lying their way through life from one place to another! Or how about the con-artist house flippers who scammed their way into lucrative deals on government repos using CRA loan guidelines. Who then got greedy and started loading up on CRA properties and then got hit 'holding the bag' when the market fell out! To name just a few! These are the types of folks who got the majority of these 'bad loans', not the truly needy working low income folks for whom they where designed, most of those folks where and still are ignorant of the CRA entitlements, and that's what they are, another form of entitlements, gone bad! Well lets see! Would anyone working for ACORN be at the top of that list? What would you call someone who is cradle to grave believing in the expectations of a government check and government entitlements just because they exist! Someone who has spent a lifetime of scamming the system and lying their way through life from one place to another! Or how about the con-artist house flippers who scammed their way into lucrative deals on government repos using CRA loan guidelines. Who then got greedy and started loading up on CRA properties and then got hit ‘holding the bag’ when the market fell out! To name just a few!

These are the types of folks who got the majority of these ‘bad loans’, not the truly needy working low income folks for whom they where designed, most of those folks where and still are ignorant of the CRA entitlements, and that’s what they are, another form of entitlements, gone bad!

]]> By: Bank Employee in a past life... http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17505 Bank Employee in a past life... Mon, 19 Oct 2009 01:46:00 +0000 http://newsrealblog.com/?p=11692#comment-17505 Possibly they didn't lobby also because they have ALWAYS been terrified of CRA. When I started in banking in 1981, I innocently asked what CRA was. The expressions on their faces were about what I would expect when Harry Potter mentions Voldemort by name. I left banking later in the '80s, but I can well imagine that they are too afraid to stand up against CRA - they think that by appeasing ACORN and others, they can preserve their companies. Talk about a bad bet..... Possibly they didn’t lobby also because they have ALWAYS been terrified of CRA. When I started in banking in 1981, I innocently asked what CRA was. The expressions on their faces were about what I would expect when Harry Potter mentions Voldemort by name. I left banking later in the ’80s, but I can well imagine that they are too afraid to stand up against CRA – they think that by appeasing ACORN and others, they can preserve their companies. Talk about a bad bet…..

]]> By: Keith http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17504 Keith Fri, 16 Oct 2009 15:07:48 +0000 http://newsrealblog.com/?p=11692#comment-17504 Michele Bachmann is a big target for the Radical left. We need her and more like her. The Olbermanns and the Maddows of the media take great pleasure in smearing her, almost as much as they do to Sarah Palin. Michele Bachmann is a big target for the Radical left. We need her and more like her. The Olbermanns and the Maddows of the media take great pleasure in smearing her, almost as much as they do to Sarah Palin.

]]> By: Donnamarie http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17503 Donnamarie Fri, 16 Oct 2009 11:47:44 +0000 http://newsrealblog.com/?p=11692#comment-17503 About Bush-I remember him taking credit for all the "homeownwers" there were during his term/s. He called it a "homeownership society". That is why I blame the Republicans for a lot of what is going on today. On the same note-Hillary Clinton countered that with the fact that it was not a "homeownership society" it was an "on your own" society. (I thought that was supposed to be a good thing.) About Bush-I remember him taking credit for all the “homeownwers” there were during his term/s. He called it a “homeownership society”. That is why I blame the Republicans for a lot of what is going on today.

On the same note-Hillary Clinton countered that with the fact that it was not a “homeownership society” it was an “on your own” society. (I thought that was supposed to be a good thing.)

]]> By: jac mills http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17502 jac mills Fri, 16 Oct 2009 10:51:22 +0000 http://newsrealblog.com/?p=11692#comment-17502 I only hope that more like Michelle Bachmann will be elected in 2010, Dem or Rep., and none like Frank and Dodd, although that surely is wishful thinking. If there is any consolation to be taken on these kinds of revelations it is that America does not suffer alone because of crooked politicians. Look at Britain's Parliamentarians today, for example. Many of them are so bent I laugh at their shenanigans involving their expenses and allowances every time I read a Brit newspaper. I have pondered for so long about what can be done and can come up with only one real solution: TERM LIMITS FOR ALL. I only hope that more like Michelle Bachmann will be elected in 2010, Dem or Rep., and none like Frank and Dodd, although that surely is wishful thinking. If there is any consolation to be taken on these kinds of revelations it is that America does not suffer alone because of crooked politicians. Look at Britain’s Parliamentarians today, for example. Many of them are so bent I laugh at their shenanigans involving their expenses and allowances every time I read a Brit newspaper. I have pondered for so long about what can be done and can come up with only one real solution: TERM LIMITS FOR ALL.

]]> By: ACORN's Blackmailing of Banks « NewsReal Blog — Tip to Make money http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17501 ACORN's Blackmailing of Banks « NewsReal Blog — Tip to Make money Fri, 16 Oct 2009 00:58:27 +0000 http://newsrealblog.com/?p=11692#comment-17501 [...] See the original post here: ACORN's Blackmailing of Banks « NewsReal Blog [...] [...] See the original post here: ACORN's Blackmailing of Banks « NewsReal Blog [...]

]]> By: Cas Balicki http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17500 Cas Balicki Thu, 15 Oct 2009 20:17:49 +0000 http://newsrealblog.com/?p=11692#comment-17500 "Human trash"? When did all bad credit risks become human trash? In my life I've dealt with all kinds of people. I've been to meetings that after their conclusion made me feel as if I needed a shower, but never once did I see the people I met with as human trash. By contrast I've met and dealt with people who stood head and shoulders above almost everyone you could meet, but they were decidedly not saints. It was this latter group I wanted to have more dealings with, they were the people that you could both do business with and wanted to befriend. The messiest situation I ever had anything to do with was in which I was actually forced to negotiate with a man I could easily call a crook. I didn't know how dishonest he was until it was too late. Yet, I negotiated the position that I was dealt to the best of my ability and I can still deal with both sides of this transaction amicably. To a degree I take some satisfaction in this. The reason I write “to a degree” is that I have since quietly refused to do business with the crooked end of that negotiation despite the fact that this man gave me some exceedingly good advice at one point during that episode. I raise this last point because even though I will never do business with the man again given of his personal shortcomings, he was not then and is not now human trash. He is just someone I will not do business with. We all have shortcomings on which we would never want to be judged. Human trash indeed! Who among us when stressed can't be tarred with that brush? “Human trash”?

When did all bad credit risks become human trash? In my life I’ve dealt with all kinds of people. I’ve been to meetings that after their conclusion made me feel as if I needed a shower, but never once did I see the people I met with as human trash. By contrast I’ve met and dealt with people who stood head and shoulders above almost everyone you could meet, but they were decidedly not saints. It was this latter group I wanted to have more dealings with, they were the people that you could both do business with and wanted to befriend. The messiest situation I ever had anything to do with was in which I was actually forced to negotiate with a man I could easily call a crook. I didn’t know how dishonest he was until it was too late. Yet, I negotiated the position that I was dealt to the best of my ability and I can still deal with both sides of this transaction amicably. To a degree I take some satisfaction in this. The reason I write “to a degree” is that I have since quietly refused to do business with the crooked end of that negotiation despite the fact that this man gave me some exceedingly good advice at one point during that episode. I raise this last point because even though I will never do business with the man again given of his personal shortcomings, he was not then and is not now human trash. He is just someone I will not do business with. We all have shortcomings on which we would never want to be judged. Human trash indeed! Who among us when stressed can’t be tarred with that brush?

]]> By: David Thomson http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17499 David Thomson Thu, 15 Oct 2009 17:36:24 +0000 http://newsrealblog.com/?p=11692#comment-17499 David Horowitz and I agree on just about everything. We strongly differ, however, regarding the alleged conservatism of Martin Luther King, Jr. and the number one reason for the current mortgage crisis---the forcing of our nation's lending institutions to provide mortgages to minorities possessing abysmally awful credit histories. The odds were overwhelmingly high that there would be huge numbers of defaults. It was virtually inevitable. Many people feel uncomfortable discussing this harsh reality. John McCain even refused to discuss the issue during a crucial debate with Barack Obama. He most assuredly lost the election due to his politically correct inhibitions. David Horowitz and I agree on just about everything. We strongly differ, however, regarding the alleged conservatism of Martin Luther King, Jr. and the number one reason for the current mortgage crisis—the forcing of our nation’s lending institutions to provide mortgages to minorities possessing abysmally awful credit histories. The odds were overwhelmingly high that there would be huge numbers of defaults. It was virtually inevitable. Many people feel uncomfortable discussing this harsh reality. John McCain even refused to discuss the issue during a crucial debate with Barack Obama. He most assuredly lost the election due to his politically correct inhibitions.

]]> By: Tommy Barrios http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17498 Tommy Barrios Thu, 15 Oct 2009 14:54:47 +0000 http://newsrealblog.com/?p=11692#comment-17498 Now my dear friends you are beginning to understand the financial collapse and WHO is really responsible. The Demoncrats rammed CRA through just like they are doing with the health care scam this very moment. Barney Frankfurter and Dodd the Dolt, railroaded the lending institutions into making bad loans to human trash that had no intention of ever making the first payment. In most of the cases the loans where in default within the first months of service! After reading this article you should now understand the Obomber bank bailouts. The ACORN scum used the CRA, and other like government hammers, to force banks into these bad loans. When the human trash getting them defaulted then the banks black mailed the government into paying them back by threatening to expose this scheme during the elections. Obomber made this back door deal with the banks and so they kept their mouths shut! The banks could have derailed the Obomber campaign at anytime they wanted, but they knew that their 'boy' was going to play to their tune in order to get elected. This is how the politics of the Beltway are orchestrated folks. It's the banks, stupid! BTW: McCain would have done the same thing, he is no better! Now my dear friends you are beginning to understand the financial collapse and WHO is really responsible. The Demoncrats rammed CRA through just like they are doing with the health care scam this very moment. Barney Frankfurter and Dodd the Dolt, railroaded the lending institutions into making bad loans to human trash that had no intention of ever making the first payment. In most of the cases the loans where in default within the first months of service!

After reading this article you should now understand the Obomber bank bailouts. The ACORN scum used the CRA, and other like government hammers, to force banks into these bad loans. When the human trash getting them defaulted then the banks black mailed the government into paying them back by threatening to expose this scheme during the elections. Obomber made this back door deal with the banks and so they kept their mouths shut!

The banks could have derailed the Obomber campaign at anytime they wanted, but they knew that their ‘boy’ was going to play to their tune in order to get elected. This is how the politics of the Beltway are orchestrated folks.

It’s the banks, stupid!

BTW: McCain would have done the same thing, he is no better!

]]> By: Julie Trevor http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17497 Julie Trevor Thu, 15 Oct 2009 13:23:43 +0000 http://newsrealblog.com/?p=11692#comment-17497 Matthew, thanks for the link - it was a good read. One of the "lessons" from the piece...keep protesting - it works!!! Julie Matthew, thanks for the link – it was a good read. One of the “lessons” from the piece…keep protesting – it works!!!

Julie

]]> By: Matthew Vadum http://www.newsrealblog.com/2009/10/15/acorns-blackmailing-of-banks/#comment-17496 Matthew Vadum Thu, 15 Oct 2009 12:25:25 +0000 http://newsrealblog.com/?p=11692#comment-17496 There wasn't a good chance to weaken the CRA during Bush 43's first term. Bush wasn't interested in rocking the boat. When Congress wanted to review CRA in the 1990s, ACORN stormed the congressional hearing, see http://www.capitalresearch.org/pubs/pubs.html?id=663. Barney Frank and his predecessor as chairman of the House Financial Services Committee, Mike Oxley (R-Ohio), were of the same mind on almost everything. There wasn’t a good chance to weaken the CRA during Bush 43′s first term. Bush wasn’t interested in rocking the boat. When Congress wanted to review CRA in the 1990s, ACORN stormed the congressional hearing, see
http://www.capitalresearch.org/pubs/pubs.html?id=663. Barney Frank and his predecessor as chairman of the House Financial Services Committee, Mike Oxley (R-Ohio), were of the same mind on almost everything.

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