Congress Insults us with Bailout Bill
Thursday, October 2, 2008, 04:55 PM
Posted by Hoggish Greedly
Whether or not you believe that the bailout bill for Wall Street is a good idea, you should read
this article from the Wall Street Journal. According to this article, some Republicans have been reluctant to vote in favor of the bill because it may give as much as 20% of any profits from the distressed securities that the government will purchase to political activist groups like ACORN.
"Acorn, one of America's most militant left-wing "community activist groups," is spending $16 million this year to register Democrats to vote in November. In the past several years, Acorn's voter registration programs have come under investigation in Ohio, Colorado, Michigan, Missouri and Washington, while several of their employees have been convicted of voter fraud." -WSJ