The Democratic Party, Corruption Personified.

Does everyone know yet that the Dems who caused the financial debacle in the first place*, instead of being serious about a rescue package, tried to sneak in a ban on offshore drilling and a scheme to siphon off money and give it to Obama’s corrupt organisation, ACORN?

The Volock Conspiracy has the gen on this, even with this crooked scheme there is crookedness within crookedness, not for them a straight forward ‘take’, but a take on any deals that make a profit with no offset for those that don’t. Al Capone must be looking down with great admiration on this bunch of nefarious ‘public servants’.

There is a must read on the subject of ACORN at Investor’s Business Daily.

Prior financial bailouts, or “rescues,” such as those involving savings and loan failures, and Chrysler, have over time actually made money for the government. It may be the case here as well, as assets bought by the government at bargain prices return to marketable values and are auctioned off.

One of the sticking points in resolving the crisis was a poison pill in the Dodd/Paulson compromise that would move 20% of profits from the bailout into the Housing Trust Fund, a slush fund for political action groups such as ACORN (the Association of Community Organizations for Reform Now) and the National Council of La Raza.

Sen. Lindsey Graham told Greta Van Susteren of Fox News that Democrats had other priorities than just solving this crisis: “And this deal that’s on the table now is not a very good deal. Twenty percent of the money that should go to retire debt that will be created to solve this problem winds up in a housing organization called ACORN that is an absolute ill-run enterprise, and I can’t believe we would take money away from debt retirement to put it in a housing program that doesn’t work.”

No wonder that the Reps balked. The Dims must be even dimmer than they appear to think they could get away with this, but then they get a pass on so much it isn’t really surprising. Much like Jean Chretien’s Liberals here in Canada with their massive corruption and the UN along with Russia, Germany and France and the Oil for Food scam, they do seem to get away with it, in that no one actually goes to jail and they keep the money too. It’s a strange world.

*Afterthought. This is the cause of the problem, from the NYT of Sept 30 1999.

Also…… you have to read this from Captain Capital, very much related to the above.

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