Posted by
On the Right on Friday, February 29, 2008 10:10:35 PM
From Hot Air;
The Democrats reacted in anger
when Senate Republicans blocked their latest economic stimulus bill.
Harry Reid said that bankers and lenders were high-fiving each other in
hallways after the GOP torpedoed the bill, but perhaps a better
explanation of Reid’s disappointment comes from Bob Casey (D-PA). The
beneficiaries of the bill turns out to be somewhat different than
advertised:
Here’s the transcript:
Mr. CASEY: “We want to do a couple of things with this
legislation, which we know is the Foreclosure Prevention Act of 2008.
Our Majority Leader, Senator Reid, and our leadership and the members
of the Democratic Caucus set it out fairly specifically. A couple of
basic things this legislation would have done: first of all, it would
have continued what we started in the end of last year, foreclosure
prevention counseling dollars, to give money to organizations around
the country that are certifiably expert at this, organizations like La
Raza. I know the presiding officer knows that group. We know also the
Association for Community Organizations for Reform Now, known by the
acronym ‘ACORN.’ They’re headquartered in Philadelphia. These are
organizations which understand what a lender has to deal with but more
importantly deal with borrowers when they’re borrowing money, when
they’re dealing with the difficulty and complexity of borrowing money.
These organizations would have helped even more so than they’re helping
now with $200 million more of counseling money. That’s not going to
happen right now because of what the other side did; they blocked that
money by blocking this legislation.”
ACORN? Would this be the same ACORN that conducted voter fraud in Washington, resulting in felony charges against its officers there in 2007? Isn’t this the same organization that generated complaints and questions
about their practices in several other jurisdictions during the 2006
election? How does shoving money into the pockets of ACORN provide an
economic stimulus?
This doesn’t look like a stimulus package. It looks more like an investment in further voter fraud.