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Bank of America gives Bailout money to ACORN
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Comstock Photos/FotoSearcj
As President Obama decides how to spend the last half of the bailout money that was supposed to rescue the banks, it was reported that Bank of America has been giving money to ACORN, an organization that has been accused of corruption at every level, including voter fraud.
During the last presidential campaign the Obama campaign paid ACORN $800,000 for a Get-out-the-Vote effort that was originally misrepresented to the Federal Election Commission. Authorities and the FBI started seizing records of ACORN voter registration drive, triggered in one state by the discovery of fraudulent use of names of the Dallas Cowboys lineup on registration forms. During the campaign, irregularities were being investigated in Missouri, Kansas, Nevada, Wisconsin, New Mexico, Ohio and North Carolina. This is the same organization through which Obama trained future leaders for the Association of Community Organizers for Reform Now. (ACORN)
Regional grants documented by businessandmedia.org, show that the Bank of America has given:
- ACORN (Miami) $50,000.
- ACORN Housing Corporation (Chicago) $85,000.
- ACORN Housing Corporation (Las Vegas) $20,000.
This and the $200,000,000 donation by the Bank of America has been documented, posted on their corporate philanthropy Web site showing the money has been donated between October 2007 through June 2009, a time when workers are being laid off.
Another question is why the national media has given this and the $800,000 paid by Obama to ACORN largely a pass. Once again, it seems that the public has to rely on citizen journalists to learn how the Bailout's taxpayer money is being used.
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