The Washington Independent - Latest Comments in Attacks on ACORN Just Keep on Coming

Re: Attacks on ACORN Just Keep on Coming

Apt604 — Wed, 15 Oct 2008 16:03:58 -0000

Frit, Obama's supporters may have pushed banks to make loans to make loans to people with lower income - but there's a massive difference between subprime lending and utterly "stupid" lending. Carefully-underwritten subprime loans aren't the problem, if you give borrowers a steady rate that you're certain they can repay. The problem is the orgy of 2/28, no-doc, pick-a-payment, fraudulently-appraised lending that became prevalent in the middle of this decade - both in and out of the subprime sector - brought on by the idiotic belief that underwriting didn't matter because housing prices would just keep on rising and rising.

As far as ACORN, what does anyone expect? Republicans need some kind of Willie Horton this year.

Re: Attacks on ACORN Just Keep on Coming

frit — Wed, 15 Oct 2008 08:53:27 -0000

Based on the hard working of Obama supporters in driving the banks to make lots of loans to low income persons, and the hard working in driving the voter registration, Obama obviously will have A-team to render Special Service to ensure lawmakers to pass the bills and policies he initiated.
Special Service is important for a leader like Obama to make sure that Democrat lawmakers to listen to and obey to him.
He learned a lot from Alinsky, communist parties and socialist parties around the world, and he had his own way in driving the people to fulfil his own dreams, american dreams for the supporters who followed him since 1980s, or 1990s.
The most important thing is "share the success" of high income groups, and big companies. (will share price growth and 401K negatively affected?), and "spread the wealth around" to, hopefully the americans, not the citizens of all socialist countries. (However, US had history in making huge loans to latin america, and incurred big bank loss in latin american crisis).
Incidentally, Carter had stagflation.
Clinton paved the way for loose regulation and foundation work for mortgage backed securities with subprime loans on Fannie Mae, Freddie Mac, and latin american crisis 1990s.
Look forward to see what mess the Special Service and Obama can do to US. May be less interest in Treasury bills from captialist countries to finance his bill, and a rise in interest rate, credit crunch from unloading of Treasury bills by international investors and other countries for lack of confidence.

May be Obama's mentor's word will come true., God D AmeriKKKa.

Re: Attacks on ACORN Just Keep on Coming

frit — Wed, 15 Oct 2008 07:23:51 -0000

Based on reports from other website, the mentioned Immigration Rally in Miami in 2006 was co-sponsored by Acorn and other organizations. Are you sure that Mccain was invited by Acorn to attend the function? Are you sure that Mccain endorsed Acorn's behaviour in other areas because he attended a function which was held by Acorn? Are you sure that a lawmaker shall not attend a function which had Acorn's participation, though this lawmaker wanted to have deeper understanding or communication with the attendance on a particular subject.

The big deal in the voter registration is the high defect rate. For a big company which produced goods or services with higher than 3%-5% defect rate, the Quality Control Re[port must be reject the produced goods and services. 'For an organization which have long history of producing high defect rate in voter registration, the most appropriate punishment is a permanent ban of such organization in rendering such services.

Otherwise, you will encounter lots of goods and services which are poisoned. Like the poisoned milk produced by China.

The ones which provided funding for an organization to render services should have high expectation on quality control of such services. Without proper requirement and oversight, the word like to be used by politicians, these politicians are ridiculous.

Re: Attacks on ACORN Just Keep on Coming

Anton Fish — Wed, 15 Oct 2008 06:48:58 -0000

I wonder if the American public realizes how much false information is turned in by the Census workers?

People paid 12$ hr to patiently travel and collect detailed information for the great US Census regularly "cheat" by manufacturing information to avoid the tedium of the task.

It's not right, but it is human nature...to be expected....the inaccuracies created by laziness, boredom, humor and sense of just getting over on one's employer.

ACORN, as a group, probably has integral goals and objectives......but they are handicapped by the factors alluded to above!