I followed a tweet on Twitter to find this article at Flopping Aces (and they said the same thing my title says):
Democrats Allow ACORN To Have Authority Over Financial Institutions
“During consideration of H.R. 3126, legislation to establish a Consumer Financial Protection Agency (CFPA), Democrats on the House Financial Services Committee voted to pass an amendment offered by Rep. Maxine Waters (D-CA) that will make ACORN eligible to play a role in setting regulations for financial institutions.
The Waters amendment adds to the CFPA Oversight Board 5 representatives from the fields 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” to join Federal banking regulators in advising the Director on the consistency of proposed regulations, and strategies and policies that the Director should undertake to enforce its rules.” Continue reading...and full article here at tradingmarkets.com.
Is this the most intensely insane Democrat congress we have ever seen in our lives? ACORN, with investigations going on in I don’t know how many states for corruption and voter fraud, will actually be given advisory status alongside of banking institutions with this amendment. Of course, if one looks at all the investigations into Democrat congressman that the Dems DON’T want to do (think Chris Dodd, Charlie Rangel, Countrywide Mortgage and all their VIP friends in Congress), this is nothing. Our Congress is a laughingstock. Last Thursday, Republicans on the House Oversight and Reform Committee were poised to force a vote on subpoenas at a committee mark-up meeting. Countrywide Mortgage will release records, but only with a subpoena. Democrat congressmen (and women) sneaked out the back door and didn’t show up for the meeting, not wanting to issue subpoenas on their fellow Democrats, no matter how despicable their unethical behavior might be. What are they afraid of? I’ll tell you…they are afraid of the truth…and you, the taxpayers, finding it out.
Watch this punchy little video that was recorded of the Dems sneaking out a back door.
This video hitting the internet is what prompted these same committee Dems to subsequently lock the Republicans out of the room. Oh that’s mature.
Feel free to spread this one around. It’s a great story.