Monday, December 15, 2008

BO directly involved in pressuring banks to lend to those who couldn't pay them back!


Barry was one of the many lawyers the sued CityCorp Bank in the 1990's for refusing to give mortgages to people who could not pay them back. He is DIRECTLY responsible along with Barney, Chris Dodd, and many others who fleeced Fannie Mae and Freddie mac. This was planned and is part of the over-all scheme.
"ACORN, the Association of Community Organizations for Reform Now, began in 1970 as a spin-off from the National Welfare Rights Organization, founded by George Wiley, who enlisted civil rights workers and trained them in an Alinsky-influenced program at Syracuse University. From a base in Arkansas, Wade Rathke and Gary Delgado developed a replicable model of forming membership organizations and developing leaders in low-income neighborhoods — relying substantially on young middle-class staff working for subsistence wages. (This is where the Security force will be recruited from) ACORN has established local housing corporations to rehabilitate homes, and has successfully pressured banks to provide mortgages and home improvement loans in low-income communities. ACORN has led “living wage” campaigns in many cities, and has forged alliances with labor unions."