Saturday, September 27, 2008

Democratic Additions to Bailout Plan Includes Funding to ACORN

The presumptuousness of the Democrats in Congress is astounding. What once was a three page document on the bailout has now ballooned to over 100 pages. One of the more frustrating additions is discussed here. A quote for Senator Lindsey Graham
And this deal that’s on the table now is not a very good deal. Twenty percent of the money that should go to retire debt that will be created to solve this problem winds up in a housing organization called ACORN that is an absolute ill-run enterprise, and I can’t believe we would take money away from debt retirement to put it in a housing program that doesn’t work.
In case you aren't familiar with ACORN--Association of Community Organizations for Reform Now--here is a quick refresher.
And now 20% of the profits from the bailout plan will go to ACORN?

Why are there profits from the bailout plan? Why are these profits going to a radical group of community organizers that heavily support the Democratic Party? Why is it that Democrats in Congress are making this decision to funnel money to ACORN?

Those last two questions are rhetorical of course. But if Democratic Senators and Representatives funneling money into a Democratic voter fraud machine during an economic crisis doesn't upset you, nothing will.

Jay Tea notes:
This notion, of funneling any potential profits from the bailout into even more funding for helping people who can't afford a house of their own get into one anyway, is a horrifically bad idea. Naturally, it's being pushed -- hard -- by the Democrats, who have even said that it is non-negotiable.

Fine with me. If it's a deal-breaker, let the deal be broken.
Ed Morrissey concludes:
Once again, the Democrats want to set up a self-funding mechanism, this time by exploiting a severe financial crisis. Despicable.
And typical. You want change? Start with this attitude in Congress. They haven't changed and they won't so long as people turned a blind eye to corruption like this.

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