And Barney Frank approves!
Posted by Tina
Exercising a MOB RULE mentality ACORN demonstrators hit the streets to pressure and harass lenders that are refusing to participate. Four lenders have refused to again make loans to unqualified buyers. The American Spectator reports:
** ACORN plans to hit Dallas, Pittsburgh, Philadelphia, St. Louis, New York City, Wilmington (Del.), Columbus (Ohio), Houston, Little Rock, Boston, Los Angeles, Miami, San Francisco, and Seattle. *** ...let's not forget that ACORN helped to cause the mortgage bubble by strongarming banks into making loans they shouldn't have. And cheering them on was ACORN's lawyer, Barack Obama, who contributed to the increasingly hostile environment for banks when he represented plaintiffs in the 1995 class action lawsuit Buycks-Roberson v. Citibank. The suit demanded that Citibank grant mortgages to an equal percentage of minority and non-minority mortgage applicants. The bank settled the case three years later and reportedly agreed to beef up its lending to unqualified applicants. **
This story posted today, has anyone seen anything in the news regarding these scheduled protests?
ACORN calls for Harassment Surge on Lenders...
"ACORN Home Defenders to Confront "Home Wrecker 4"
** ...in 14 Cities - Will Demand Participation in Obama's Foreclosure Prevention Program from Goldman Sachs' Litton, Barclay's HomEq, American Home Mortgage, and OneWest **
Yep...Barney Frank is pushing this practice...again! This time he says it's "for the economy". Yeaaaaaaaarrrright!
"Barney's Back" - New York Post
** Rep. Barney Frank says that unless Fannie Mae and Freddie Mac relax their recent tightening of mortgage standards on new condominiums, the economic recovery could be threatened. *** That would be the same Barney Frank who famously boasted that the two federal agencies -- which lost billions by making improvident loans -- were "fundamentally sound financially and [can] withstand . . . disaster scenarios." *** Then came the disasters. *** But to Barney Frank, Fannie and Freddie are essentially taxpayer-funded social-service agencies whose mission is to turn all Americans into homeowners -- whether or not they can afford it. *** To say that Barney Frank has a bad track record here is putting it mildly. *** Problem is, he's also chairman of the House Financial Services Committee, so his "suggestions" have political muscle behind them. **
We are in big trouble, this group should be shutdown, instead Obama gave them billions and dropped all investigations and prosecutions against them at the federal level.
Speaking of Barney Frank.
This guy has committed more crimes against the state and individuals that will last for years and cost us trillions than Bernard Madoff and that Frank Lombard combined.
Remember Barney Frank is the guy who's lover was selling teenage boys in his basement for sex back in the "80"s.
Franks live-in lover, Stephen Gobie ran a teenage gay prostitution ring out of the congressman's Washington, D.C., apartment. Frank had met Gobie in 1985, and later hired him as a personal assistant and driver. At the time Frank claimed he knew nothing about it and congress rejected Gobie's claim that Barney "my boy lolly-pop" knew and, instead of getting rid of him as they should have, they just reprimanded him.
http://www.godlikeproductions.com/forum1/message622502/pg1
So not only is he responsible for messing up the heads of children back in the late "80"s, now he is involved with messing up the future of every child in America. Gotta love the way the Democrats allow perverts to get away with crimes that were greater than those that ran a Senator out of Office last election.
Barney Frank is just another pedophile the Democrats love.