Sunday, December 13, 2009

ACORN to Oversee America's Finances in TARP II?



From Michele Bachmann's website:
Bachmann: House Preserves ACORN’s Role in TARP II
Washington, D.C., Dec 10 -

(Washington, D.C.) U.S. Representative Michele Bachmann (MN-06), member of the House Financial Services Committee, made the following statement after the Democrat Leadership denied the entire House an opportunity to vote on her amendment to prevent ACORN from participating in the Consumer Financial Protection Agency’s Oversight Board. The Consumer Financial Protection Agency (CFPA) is an expansive new government bureaucracy with far-reaching powers to make decisions for consumers about the kinds of mortgages, small business loans, and other financial products they may access. The Oversight Board will be tasked with advising the Agency’s director on strategies and policies.

“An organization that has repeatedly shown an inability to adhere to even the most basic standards of ethics should not have a role in overseeing our nation’s financial system,” said Bachmann. “By rejecting consideration of my amendment, the Democrat Majority protected ACORN instead of American taxpayers and investors.”

In recent months, the IRS, U.S. Census Bureau, and Congress have taken numerous actions to sever ties with ACORN. In fact, less than two months ago, the House Financial Services Committee accepted another amendment offered by Bachmann that would prevent ACORN from serving on a similar board established in the exact same bill under consideration this week.

“There is a clear consensus amongst the American people that ACORN is unfit to receive federal funds and partner with federal organizations. The Democrat Leadership’s decision today robs Congress from having the opportunity to take an up-or-down vote on my amendment and keep ACORN out of our financial markets,” said Bachmann.

Hat Tip Gateway Pundit.

Cartoon via Reaganite Republican Resistance.

9 comments:

the malcontent said...

The reality is that Barack Obama has been a marginalized president for over six months. He will be unable to sign into law any serious domestic bills. He has been tied up with his idiotic healthcare bill for over 6 months now, it this don't get passes and it looks as if it won't (lets hope it won't) Obama is going to be in a lot of trouble. The biggest indication I’ve seen so far that the ObamaCare/ReidCare/PelosiCare bill is dying swiftly is when Reid switched from debate on it to another pork-laden appropriations bill. The logical conclusion is that Reid didn’t have the 60 votes, or else he would have called for a vote on the healthcare bill.

It’s possible that he’s trying to use the appropriations bill to bribe wobbling Dems, but it’s equally likely that this pivot away from the health care bill is just because Reid can’t pass it now and it’s looking more and more like he won’t be able to at any time in the future.

BTW, please follow me to my new address

cbullitt said...

In 11 months, every one of those fuckers will be under indictment, and when Holder tries to stop it, he'll be charged too. Then they can try to win in 2012 with all their leadership facing charges--that will play well, don't you think?

Opus #6 said...

Malcontent, your comment is the most hopeful thing I have heard in a long time. And you make sense. I was SO flummoxed when I heard about the 1.1 Trillion spending bill. Where in the WORLD did THAT come from! These guys must have teams of Apollo Alliance Soros goons in back rooms coming up with all this stuff. And yet. It is good news that the end-of-December crunch that the senators are in is being spent in an OTHER way than finishing the h/c destruction bill. What sweet relief it will be when that bill goes AWAY.

Marginalized? I sure hope so. Maybe his -19 points in Rasmussen today will hammer home that point with the rest of the Dems.

Opus #6 said...

cbull, OMGosh. You are speaking my LANGUAGE too. We NEED to get all these guys prosecuted for failing to uphold and defend the Constitution as they vowed to do.

TRESTIN MEACHAM said...

Our Congress is pain in the bottom. However, our founders were wise to make it like this. Thanks to our purposefully inefficient design Obama and his nut job friends can get nothing done. So in an act of desperation they are trying this. It too will fail, I hope.

Woodsterman (Odie) said...

What bothers me more than Congress not voting on this Amendment is the fact that they feel the necessity to have a TARP II !!!!!

Candle said...

I want her for president. Starting YESTERDAY. Seriously though - Bachmann in 2012.

They Say/We Say said...

A conviction would be great, not to likely. But Charges will be a hard hit on the street propaganda spin in the Libs neighborhoods.
You heard the Supremes say that they were going to pick and choose what they want to here?
Who will charge Holder?
Special Prosecutor, appointed by who? The Majority Party in Congress?

LL said...

It would be useful to set up a truly independent commission to investigate the goings on at ACORN and elsewhere once the Obama Gang is out of office. I know that a lot will be hidden by then, but what is found would be telling and if nothing else, could be used to populate the history books under the rubric: Fraud Waste and Abuse during the regime of Barack Hussein Obama.