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Old 30th September 2008, 00:57   #3059 (permalink)
galaxy flyer
 
Join Date: Dec 2002
Location: Quabog Valley, USA
Age: 57
Posts: 1,268
Quote:
But Acorn has gone quiet in its lobbying for the bill this week with the news that one of its employees — [Dale Rathke,] the brother of Acorn founder Wade Rathke — had stolen nearly $1 million from the group. Mr. Rathke decided not to alert law enforcement or the organization’s board, and kept his brother employed at Acorn until last month. “Is this the kind of group we want getting taxpayer money?” asks Rep. Ed Royce (R., Calif.)"
That's rabble-rousing ACORN for ya! As corrupt a rent-seeking group as there is. Bunch of parasites living off Uncle Sam and the DNC.

tinpis-read "The Forgotten Man" by Shales and "The Monetary History of the US", if you want to know why. The New Dealers screwed up the economy by contracted the money supply, FDR diddled daily with price of gold convertibility, abrogated commercial contracts based on gold (gold standard), forced bankruptcy courts to tear up mortgage contracts, and generally caused such turmoil in business that the economy stopped. 1937-38 was so bad, it was called the recession within the Depression. Hoover and FDR made the Panic of '29 a Great Depression.

Here is more on ACORN, NR but you can Google the details. Click here

GF

Last edited by galaxy flyer : 30th September 2008 at 01:11.
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