Thursday, October 29, 2009

I Was So Very Wrong!

I have been patiently waiting for the Congressional Hearings or the criminal trials for ACORN to be announced since they have been publicly exposed giving advice on avoiding taxes, getting fraudulent loans for houses, and smuggling Salvadorian 13 year olds into the country for prostitution.

But instead, Maxine Waters proposed an amendment that gave 5 slots in the Consumer Financial Protection Agency to representatives of "consumer protection, fair lending and civil rights, representatives of depository institutions that primarily serve underserved communities, or representatives of communities that have been significantly impacted by higher-priced mortgages." Which definition sounds a lot like 5 people from ACORN or one of its subsidiaries.

The amendment was adopted by Barney Frank's House Financial Services Committee.

To read the details go Mark Tapscott's article at The Washington Examiner.

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