La Raza

Major "Earmark" in Democrat Bailout Agreement

Update (9:58AM, Sept. 26th): While Sens. Harry Reid and Chris Dodd stand before the news this morning pontificating and mocking Republicans, especially Sen McCain, for the perceived delay in reaching agreement, they also continues to prevaricate. Sen. Reid and Speaker Pelosi initially asserted that they needed McCain to clinch a deal for Democrats and now they are like a pack rabid dogs blaming John McCain for the deal falling apart. In fact, the deal fell apart before McCain arrived.

A republican senate source has confirmed that the questioned provision reported in this post is being opposed by Senate Republicans which has upset Democrats. Republicans are not opposing the obvious issues identified by Reid. They are working to get rid of the questioned provision "if they can." Also, they have already gotten the Democrats to back down from providing "most" of the money ("future profits") to the groups mentioned in the article "to a much smaller percentage." Negotiations are likely to continue throughout the day. Obviously no one is happy - especially the majority of the American public.

Breaking News - Bill Smith, ARRA Editor. I received a copy of "Agreement in Principle" relative to the $700 billion "bailout" being proposed and supported by Senate Democrats. The one page agreement from the U.S. Senate Banking Committee details guidelines to be put in place relative to taxpayer protection, oversight and transparency, home ownership preservation and Funding Authority.

While on the surface the agreement looks generic and positive, However, the "devil is in the detail." There is one detail that Democrats are concerned that Republicans will not agree to in the bailout agreement. That is if the Republicans even see the item. It seems that this issue may be one reason that many Democrats have hounded Sen. John McCain and pushed for his speedy approval. Senate Majority Harry Reid (D-NV) has already identified that it is Sen. John McCain's approval, not Barack Obama approval, that is needed to secure the agreement of Senate Republicans. In fact, the questioned provision indirectly focus on some prior concern regarding Sen. Barack Obama involvement with various organizations. Maybe that is why Obama would prefer being at a debate in Mississippi than being in Washington D.C.

House Speaker Nancy Pelosi's (D-CA) cohorts are also hounding Sen. McCain to agree. They know that neither the House Republicans nor the House Blue Dog Democrats are going to sign on easily to an agreement extending $700 billion "bailout" if Sen. McCain disagrees. Pelosi does not have control of the fiscally conservative Blue Dogs who are not happy with committing $700 billion to the "bailout" effort.

In the "agreement in principle," there is the effect of a major "earmark" which commits money from future "profits" to be given to nonprofits organizations like ACORN, National Council of La Raza and potentially the National Urban League. This agreement clearly evidences that the Government expects to benefit in the future from the bailout when the values of property rises and mortgages or properties are then sold by the Federal government. The agreement --

"Directs a certain percentage of future profits to the Affordable Housing Fund and the Capital Magnet Fund to meet America's housing needs."

In the proposed bailout agreement, Sen. Christopher Dodd, the Senate Banking Committee and other Democrats desire to pre-direct that future funds (profits) not be returned to the taxpayers via the treasury but that they be used to underwrite potential questionable (maybe even illegal activities) of certain nonprofits which have had a hand in promoting and expanding access to "no money down" loans for minorities, illegal voter registrations and extensive lobbying activities.

Let’s examine the connection of the Affordable Housing Fund and the Capital Magnet Fund with the various nonprofit groups mentioned above. In July, 2008, a Wall Street Journal article addressed the previous housing bill signed into law:

Provide[d] a stream of billions of dollars for distressed homeowners and communities and the nonprofit groups that serve them. One of the biggest likely beneficiaries, despite Republican objections is Acorn, a housing advocacy group that also helps lead ambitious voter-registration efforts benefiting Democrats. Acorn -- made up of several legally distinct groups under that name -- has become an important player in the Democrats' effort to win the White House. Its voter mobilization arm is co-managing a $15.9 million campaign with the group Project Vote to register 1.2 million low-income Hispanics and African-Americans, who are among those most likely to vote Democratic. Technically nonpartisan, the effort is one of the largest such voter-registration drives on record.

The organization's main advocacy group lobbied hard for passage of the housing bill, which provides nearly $5 billion for affordable housing, financial counseling and mortgage restructuring for people and neighborhoods affected by the housing meltdown. A third Acorn arm, its housing corporation, does a large share of that work on the ground. Acorn's multiple roles show how two fronts of activism -- housing for the poor and voter mobilization -- have converged closely in this election year. The fortunes of both parties will hinge in part on their plans for addressing the fall of the nation's housing market and the painful economic slowdown. . . .

Partly because of the role of Acorn and other housing advocacy groups, the White House and its allies in Congress resisted Democrats' plans to include money for a new affordable-housing trust fund and $4 billion in grants to restore housing in devastated neighborhoods. In the end, the money stayed in the bill; the White House saw little choice. What most riles Republicans about the bill is the symbiotic relationship between the Democratic Party and the housing advocacy groups, of which Acorn is among the biggest. Groups such as the National Council of La Raza and the National Urban League also lobby to secure government-funded services for their members and seek to move them to the voting booth. Acorn has been singled out for criticism because of its reach, its endorsements of Democrats, and past flaws in its bookkeeping and voter-registration efforts that its detractors in Congress have seized upon. . . .

Sen. Obama is especially reliant on registration drives, such as Acorn's with Project Vote, to help him win the White House. The Illinois Democrat draws his strongest support from blacks, Hispanics and young people, groups that are among the least likely to be registered. After law school, Sen. Obama was the director of Project Vote in Chicago. . . .

Democrats on Capitol Hill have helped to steer millions of dollars in housing and other grants from the federal government toward Acorn and groups like it. The groups must qualify and compete for the money, which is typically doled out from the federal government to states and municipalities. The housing package includes a new, permanent source of affordable-housing money that congressional Democrats and grassroots groups have sought for years. The Affordable Housing Trust Fund and the Capital Magnet Fund will be funded by a tax on mortgages backed by Fannie Mae and Freddie Mac, the government-sponsored mortgage titans.

That tax eventually will channel upwards of $600 million annually in grants for developing and restoring housing, mostly as low-income rentals, available to Acorn and other groups. Democrats on Capitol Hill and housing groups say the housing-assistance money is vital to helping Americans hit hardest by what some call the largest drop in home values since the Great Depression. But they acknowledge the perception of political conflict in giving federal funds to an organization that does political work. "We are guarding against it," said Massachusetts Rep. Barney Frank in an interview. He secured the Affordable Housing Trust from his seat as chairman of the House Financial Services Committee. . . .

Acorn describes itself as the nation's largest grassroots community organization, with more than 400,000 families organized into 1,200 neighborhood chapters in 110 cities. Over four decades, Acorn has turned its broad membership into a powerful lobbying tool. Its representatives are well-known in the marble halls of the Capitol, and press local, state and federal governments . . .

ACORN is the agency where Sen. Barack Obama worked as a trainer for the Association of Community Organizations for Reform (ACORN), whose affiliate, Project Vote, is known for voter fraud. It is this same organization from which a large part of the mortgage mess has grown. After Harvard Law School, Obama provided legal representation for ACORN. Obama sat on the boards of the philanthropic Woods Foundation and the Joyce Foundation which both funneled millions of dollars to ACORN.

In 2006, the Wall Street Journal addressed Acorn Indictments. In a recent article, additional complaints, indictments and arrests and conviction of ACORN members for voter fraud have been detailed for Colorado, Florida, Missouri, Ohio, Pennsylvania, Washington State, and Wisconsin. Democrats on Capitol Hill have steered billions of the taxpayer monies to risky ventures and to nonprofits organizations like ACORN, National Council of La Raza through the government’s Affordable Housing Fund and the Capital Magnet Fund. As a result groups like ACORN have developed powerful lobby groups to secure tax money for their organizations. Now the proposed "agreement in principle" for the $700 Billion "bailout" seeks to continue the protection of this process. In another article by James H. Walsh, a former federal prosecutor, it was noted that:

ACORN Housing Corporation (AHC) was instrumental in its passage of the Community Reinvestment Act (CRA) which has plagued the mortgage markets since 1977. The U.S. Congress through the CRA compelled banks and lending institutions to make loans to “communities of color” disregarding sound economic and risk guidelines. CRA encouraged the relaxing of “outdated” risk-management protocols and underwriting obligations by lending institutions. In the name of ending discrimination, no longer were “communities of color” required to provide verification of income, employment, credit history, ability to pay homeowner bills, or down payment. In response, many banks and mortgage groups bundled trillions of dollars of “subprime” loans and sold them to investors here and abroad. It is these bundled Community Reinvestment Act mortgages, doomed to fail, that are today causing financial strain in U.S. and global financial markets.

In short, a Democrat Congress and President demanded that banks change the rules of good banking and open the Pandora’s Box of mortgage defaults and foreclosures now coming to a head. This home-parity concept of the radical left was mobilized by ACORN resulting in a purchase of a property without any credit, income, employment, and a zero down payment.

In 2003, Fannie Mae home-parity funding in Chicago reached $600 billion. When Franklin Raines, former chair and CEO of Fannie Mae, stepped down in 2004 but managed to take with him a multimillion-dollar parachute and a monthly pension of $114, 393 for life, and should he die, for his wife’s lifetime. Until recently, Raines was an advisor to Obama.

Open Secrets reveals the investment made by Fannie Mae and Freddie Mac in Democrats and details the Top 25 Democrat Recipients of Fannie Mae and Freddie Mac contributions in 1989-2008. The top three in order were Senators Christopher Dodd, John Kerry and Barack Obama.

When government tries to fix social issues through the use of the taxpayers’ money, there are consequences. Now the American taxpayers are being called upon again to underwrite the problems exacerbated by the prior actions of former and the current Congress and past administrations. It is hoped that Senators and Representatives will avoid this massive "earmark." All "future profits" from the resolution and disposition of the alleged current bad mortgages ("bad paper"), should accrue to the American taxpayers as a whole and be returned to the Treasury. Any determination as to the use of "future profits" should be determined by those elected and representing the people at that future point in time. No agreements should include an obligation on the potential "future profits." No agreements should support questionable programs that support organizations that contributed to the failures of mortgages or to the bad lending practices promoted by prior Congresses and administrations.

Arizona Daily Star Blatantly Supports Illegals

I received an interesting article in my email today, courtesy of my morning radio talk show host Jon Justice (104.1 The Truth, M-F, 6-9 a.m.) The writer of the article didn't have the courage to supply his name to the article. It's in the Arizona Daily Star and can be accessed here.

It seems Lou Dobbs is under attack from some fly by night group calling themselves "The Hispanic Institute" and based in Washington, DC has decided to boycott CNN and Lou Dobbs because he has the courage to state the obvious: Illegals are ruining and draining the economy through entitlement programs, crime, prison populations, etc. So, The Hispanic Institute wants to shut him up and they're using a Media Matters report (here).

Let's begin dissecting the article in question (all pictures, emphasis and inserted comments mine):

Hispanic group right to stand up to hatemongers
Our view: Hispanic Institute's boycott of CNN over Lou Dobbs puts networks on notice public won't tolerate hateful lies (who wrote this? No courage to sign the byline???)
Tucson, Arizona | Published: 06.08.2008

The Hispanic Institute, a Washington, D.C.-based nonprofit group, last week launched a national boycott of CNN, the cable news channel, to highlight unrelenting and erroneous attacks against Latino immigrants (notice how they do not distinguish between LEGAL IMMIGRANTS and ILLEGAL CRIMINALS) by talk-show host Lou Dobbs. While we aren't sure such an effort will be effective and while by its nature, it impugns other good programs on CNN, we agree with the spirit of the boycott (this is a DAILY newspaper finally showing its obscene racist and left slant, boys and girls).

We applaud the institute for taking a stand on behalf of the immigrant community (once again failing to distinguish between LEGAL IMMIGRANTS and ILLEGAL CRIMINALS) and calling on a network to take responsibility for the content of its programs. We encourage other groups — whether they represent minorities or not — to let CNN and other news outlets know that unwarranted attacks that demonize a particular group of people will not be tolerated.

If the Hispanic community flexes its viewership muscles and the boycott succeeds in reducing CNN's ratings, particularly for Lou Dobbs' nightly show, officials with the network might be inclined to get rid of such inflammatory and dishonest programming (how is reporting FACTS inflammatory and dishonest?).

Similarly, we believe local groups could put pressure on Tucson radio station 104.1-FM, which airs "The Jon Justice Show," a morning program that repeats many of the claims made by Lou Dobbs and other anti-immigrant media personalities (Jon ROCKS in bringing us FACTS and the groups such as AZTLAN, MeCha, La Raza, etc. want to censor him because he speaks REAL truth to power--only their voices are allowed to be heard and in their minds, only THEY are allowed the luxury of free speech).

Lou Dobbs, along with fellow CNN host Glenn Beck and Fox News Channel's Bill O'Reilly, has been behind much of the anti-immigrant sentiment (actually the racist groups themselves have been behind the growing groundswell and the taxpayers are fed up with what their money is paying for) that is gripping the country. Dobbs and others regularly make outlandish and erroneous claims. Among them: that illegal immigrants are responsible for a disproportionate amount of crime, that they drain communities of cash by illegally using social services and that they intend to take over the Southwestern United States (visit the LaRaza/AZTLAN sites--they do indeed intend to take over the SW United States, claiming it is Mexico land; they have even made such statements as these: "Hello we have been here before 1492 then when this land was stolen in 1848"; "We call things racism just to get attention. We reduce complicated problems to racism, not because it is racism, but because it works.--- Alfredo Gutierrez, political consultant, as quoted by Richard de Uriarte, The Phoenix Gazette, March 14, 1992 (quoted in The ProEnglish Advocate, 1st quarter, 2002) http://www.theamericanresistance.com/race_industry/true_agenda_audio.html" and "Our duty is to take back what is rightfully ours, even if it means carrying-out total genocide--Hector Carreon- Nation of Aztlan--NOTE: While I cannot find the actual page this quote was on, visit this site to see what kind of whacked out loons Carreon and his followers are; pictured how these hate /racist groups would like to see the flags placed here in America):

While there are some slivers of truth in what Dobbs and the others say — for example, children of illegal immigrants do cost states money when they attend public schools (and what about the medical costs, the welfare fraud, the special classes, the accomodations in bilingual signs/paperwork--those things cost the taxpayers and exorbitant amount) — their claims were largely discredited in a recent report by the Media Matters Action Network, a project of the Washington, D.C.-based watchdog group Media Matters for America.

In a May 21 report, "Fear & Loathing in Prime Time: Immigration Myths and Cable News," researchers systematically debunked the major anti-immigrant statements made by Dobbs and others. (They consider "Media Matters" LEGITIMATE? Where's the balance to this fringe group?)

For example, the report cited Census data and university studies that concluded recent immigrants are less likely — not more — to be involved in crimes than native-born citizens. In fact, the report said, neighborhoods with higher immigrant populations had lower rates of crime. (Let's take a walk over to the Pima County Sheriff's Department Most Wanted page here: Nine of the ten are Mexicans, although their citizenship status is not listed; the crimes range from killing a child in a DUI to a combined 12 counts of murder/homicide. Here's a few more statistics from the Arizona Department of Corrections as of April, 2008 here: ARIZONA DEPARTMENT OF CORRECTIONS Ethnic Distribution by Unit April 2008--TOTAL 38,594; CAUCASIAN 40.7%; AFRICAN 12.9%; AMERICAN NATIVE 5.3%; AMERICAN MEXICAN 26.3%; MEXICAN NATIONAL 13.2%)

"When it comes to this issue, cable news overflows not just with vitriol, but also with a series of myths that feed viewers' resentment and fears, seemingly geared toward creating anti-immigrant hysteria," the report said.

Programs like "Lou Dobbs Tonight" are harmful and potentially dangerous because they give license (FACTS PERHAPS?) to xenophobes and racists to spew their hate on immigrants.

If such people see men in suits on TV railing against immigrants, it emboldens them to also show hate for someone who doesn't fit their ideal of an "American." To make matters worse, perpetrators of hate crimes often can't tell if a Hispanic person is an illegal immigrant, a legal immigrant or a U.S. citizen.

The FBI reported last year that of all the hate crimes in 2006 motivated by a bias against someone's ethnicity or national origin, 62.8 percent of victims were targeted because of an anti-Hispanic bias. In three years, the number of Hispanic victims of hate crimes jumped 38 percent, from 595 victims in 2003 to 819 in 2006 (How about the three college students executed in New Jersey by illegals here or the ten year old raped by an illegal who recently gave birth here?).

Not all this violence can be attributed to talk-show hosts like Dobbs, of course. But such programs foment anger and obviously don't promote civil discourse on the problem of illegal immigration.

What's surprising about the CNN boycott is that it didn't occur sooner.

We're taking this step after years of CNN management's failure to rein in Mr. Dobbs' irresponsible assertions about immigrants and their impact on our country and its institutions," Gus West, The Hispanic Institute's board chairman, said when the boycott was announced Tuesday.

"The lack of any meaningful response from CNN's management, or any abatement of Mr. Dobbs' offensive tirades, makes it clear to us that the company supports his misleading and often inaccurate positions." (In short, this group wants to silence all those who present the facts of illegal immigration while attempting to muddy with waters with leftist talking points, ignorance of realities and lumping LEGAL IMMIGRANTS with ILLEGAL CRIMINALS)

According to the Nielsen Company, which monitors television viewers, there are 12.1 million Hispanic television households in the United States. (Again, how many are LEGAL IMMIGRANTS versus ILLEGAL CRIMINALS?)

Here's hoping they and their allies can help improve the quality of cable television and the standard of living for illegal immigrants. Just because people are in this country illegally — but helping the nation in countless ways — doesn't mean they can't be treated with dignity and respect. (Why should anybody help improve the quality of life for ILLEGAL CRIMINALS? What Part of ILLEGAL is so difficult to understand? They don't DESERVE dignity and respect, they have EARNED a jail cell and deportation. PERIOD.)

So, as you can see from this blathering nonsense, the Arizona Daily Star, while too cowardly to print a byline to this drivel, fully supports the continuing ILLEGAL INVASION we are infested with every day. They have decided to show their true, racist, hate America agenda by calling for censorship of those brave enough to stand up and tell the truth. They try to hide the facts behind misleading statements designed to tug at emotions. They will not publish the true facts. Nor will they publish the fact the Legal Workers/Employer's Sanction law in Arizona is working and working TOO WELL--it's being challenged (and has been challenged repeatedly) in the 9th Circuit District Court because it "violates the rights of illegals".

Um, newsflash--ILLEGAL CRIMINALS DON'T HAVE RIGHTS. Rights apply to LEGAL, TAXPAYING CITIZENS, not illegal INVADERS. Of course our Governor--currently angling for a VP position with BHO--has supported the rights of the ILLEGALS over the rights of her constituency by trying to take the teeth out of the law as well. I personally wrote on this particular issue

here

. Refer to the picture above.

LEGAL, TAXPAYING CITIZENS are rising up and their voices are being heard--so much so, the hate mongering, racist groups who haven't been properly challenged before are peddling this soft porn and calling it journalism.

LEGAL CITIZENS AND TAXPAYERS, KEEP THE VOICES RAISED. NEVER let them shut you up. The more they push, PUSH BACK (legally, of course). Legal immigrants will ALWAYS be welcome here and with open arms.

ILLEGAL INVADERS ARE NOT WELCOME. GO HOME. NOW. Get out of our SCHOOLS with your RAZA Studies (pictured TUSD Board Member Adelita Grijalva, daughter of former TUSD board member and current US Congressman Raul Grijalva):

(teaching disrespect for law enforcement, among other things) with your hate programs, get out of our

CITY BUDGET

with your non-essential services and special programs (programs which are funded while our necessary programs such as police and firefighters are NOT, leading to tragedies such as the death of

Officer Erik Hite

), get out of our FEDERAL BUDGET (pictured US Congressman and former TUSD board member Raul Grijalva, father of current TUSD board member and "pusher" of RAZA studies Adelita Grijalva):

with your entitlement mentality, get out of our HOSPITALS with your so-called emergencies you don't pay for and GET OUT OF MY COUNTRY.

Other articles by Miss Beth on illegal immigration

here

,

here

,

here

,

here

,

here

,

here

,

here

,

here

,

here

and

here

.

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