Should a bailed out bank continue to give to ACORN? - Mercedes-Benz Forum

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post #1 of 38 (permalink) Old 02-09-2009, 10:38 PM Thread Starter
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Should a bailed out bank continue to give to ACORN?

Not much we can say about what they did before they got a bail out.
I may be wrong, but it looks like they plan to donate until June of 09.


By Jeff Poor
Business & Media Institute
2/3/2009 6:13:28 AM

Remember the outrage when it was discovered former Merrill Lynch CEO John Thain – how he spent over a $1 million to redecorate his office, as meticulously itemized by CNBC correspondent Charlie Gasparino for The Daily Beast?

Merrill Lynch was acquired by Bank of America (NYSE:BAC) in September 2008 and Thain was eventually let go, and the backlash for his extravagant redecorating ensued.

But, this latest indiscretion has gone unnoticed by the media – a donation in the amount of $2 million to the ACORN (Association of Community Organizations for Reform Now) Housing Corporation of Chicago, according to a document posted on Bank of America corporate philanthropy Web site – which shows the bank had given the total amount in grant money from October 2007 through June 2009.

The document also details several regional grants to ACORN, which is said to be finalized through 2009, but currently included the following:

* ACORN (Miami) - $50,000
* ACORN Housing Corp. (Chicago) – $85,000
* ACORN Housing Corporation (Las Vegas) - $20,000

ACORN has been associated with cases of voter fraud, accounting improprieties and has lobbied for obligatory housing assistance from the federal government for home borrowers that got in over their heads with recent mortgage woes.

The media have not only been eager to attack banks like Bank of America for their corporate expenditures and compensation, they have found other ways to go after these institutions. As ABC investigative correspondent Brian Ross pointed out – with his usual knack for finding lavish spending by corporate entities – Bank of America also sponsored a Super Bowl party at a 5-Star Resort in Palm Beach, Fla.

However, as of Feb. 2, with exception of conservative columnist Michelle Malkin – the at least $2 million in contributions has gone unnoticed by the media.


ACORN Gets $2,000,000 from Bailed Out Bank of America

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post #2 of 38 (permalink) Old 02-09-2009, 10:40 PM
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Try these guys, they will make you rich

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post #3 of 38 (permalink) Old 02-09-2009, 10:42 PM
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Ooops..
I wouldn't be surprised if some here are operatives of these distinguished
government feeder organizations.
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post #4 of 38 (permalink) Old 02-09-2009, 10:51 PM
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Is Acorn a terrorist organization?
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post #5 of 38 (permalink) Old 02-09-2009, 10:54 PM Thread Starter
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ML,

I was reading on another site, that in the dems stim package
they've allotted monies to some housing development program that starts in 3-4 years.
They say the money will end up in ACORN hands, just in time for the election.

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post #6 of 38 (permalink) Old 02-09-2009, 10:54 PM
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You are what you eat.
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post #7 of 38 (permalink) Old 02-09-2009, 10:57 PM
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You don't like Acorn and that's a given but my question again is: Is ACORN a terrorist organization?
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post #8 of 38 (permalink) Old 02-10-2009, 09:47 AM
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No, they are just getting smeared. They actually do the thing Republicans fear the most: registering the powerless to vote.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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post #9 of 38 (permalink) Old 02-10-2009, 09:49 AM
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Originally Posted by FeelTheLove View Post
No, they are just getting smeared. They actually do the thing Republicans fear the most: registering the powerless to vote.
Vote early and vote often.
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post #10 of 38 (permalink) Old 02-10-2009, 09:51 AM Thread Starter
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No, they are just getting smeared. They actually do the thing Republicans fear the most: registering the powerless to vote.
Just how are they holding them back from registering and then Voting?
From what I've read most aren't even registered! Who's fault is that?

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