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Originally Posted by John Satclaire  The slush fund for the Detroit unions, which need to be allowed to starve, or the one for "Main Street"? |
I believe it is for ACORN.
Michelle Malkin Kill the bailout: More ACORN funding?! (vid link added)
Just heard from several readers that Lindsay Grahamnesty told Fox that the Mother of All Bailouts includes a reported $100 million more in funding for the left-wing housing entitlement thugs and heavily tax-subsidized fraudsters at ACORN. Under the original bailout proposal, apparently, a large portion of any repayment of the $700 billion would go to Barack Obama’s good friends at ACORN with a smaller allocation to debt repayment. Readers heard him say it was 20 percent.
Told you not to trust Hank Paulson.
And I repeat: Fiscal conservatives need to be looking out for us tonight as they try to ram this thing through with a plethora of goodies for liberal shakedown artists.
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Update: A Freeper writes, “Senator Graham is referring to Section 5 of the Dodd counter-proposal to the Paulson Plan. To summarize, it promises a minimum 20% of the ‘profits’ from the Treasury’s sale of assets to The Housing Trust Fund and the Capital Magnet Fund.” See here.
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ACORN has been organizing protests across the country while maneuvering for their next handout.
Meanwhile, the watchdog Consumer Rights League testified on the Hill this week about rampant ACORN fraud: