My column today blasts ACORN Housing Corporation’s criminal-enabling home loan program for illegal aliens. To paraphrase 乔恩·斯图尔特: Where the hell is everyone?
AHC is one of the endless non-profit arms of ACORN. Their response to the 大政府网 sting videos hasn’t received as much attention as the national ACORN flagship’s. You can read AHC’s CYA reaction 点击此处.
***
ACORN’s illegal alien home loan racket
由米歇尔·马尔金(Michelle Malkin)
版权所有2009年
There’s one thing more shocking than the illegal alien smuggling advice that an ACORN official in San Diego gave undercover journalists James O’Keefe and Hannah Giles. It’s the illegal alien criminal racket that ACORN has 已经 been operating with the full knowledge of the U.S. government.
On Wednesday, O’Keefe and Giles published the fifth in a series of BigGovernment.com sting videos. ACORN official Juan Carlos Vera coached the pimp-and-prostitute-posing pair on how best to pull off a border-busting smuggling operation. It would be “better from Tijuana,” he counseled on videotape. Carlos Vera then generously offered the investigative couple his Mexican “contacts” to bring 12 illegal alien girls into the country for prostitution.
GOP California Gov. Arnold Schwarzenegger now wants an investigation. But neither the Terminator nor any other California public officials raised a peep when the very same San Diego ACORN office publicly announced a partnership with Citibank to secure home loans for illegal aliens. In 2005, Citibank and ACORN Housing Corporation – which has received tens of millions of tax dollars under the Bush administration alone — began recruiting Mexican illegal aliens for a lucrative program offering loans with below-market interest rates, down-payment assistance and no mortgage insurance requirements. Instead of Social Security numbers required of law-abiding citizens, the program allows illegal alien applicants to supply loosely-monitored tax identification numbers issued by the IRS.
圣地亚哥联合论坛报 reported that “undocumented residents” comprise a vast market representing a potential sum of “$44 billion in mortgages.” Citibank enlarged its portfolio of subprime and other risky loans. ACORN enlarged its membership rolls. The program now operates in Miami; New York City; Jersey City, N.J.; Baltimore; Washington, D.C.; Chicago; Bridgeport, Conn., and at all of ACORN Housing’s 12 California offices. San Diego ACORN officials advised illegal alien recruits that their bank partners would take applicants who had little or no credit, or even “nontraditional records of credit, such as utility payments and documentation of private loan payments.”
The risk the banks bear is the price they pay to keep ACORN protesters and Hispanic lobbyists from the National Council of La Raza screaming about “predatory lending” off their backs. These professional grievance-mongers have turned the 1977 Community Reinvestment Act – which forced lenders to sacrifice underwriting standards for “diversity” – into lucrative “business” opportunities. Or rather, politically correct blackmail. As the Consumer Rights League noted in a 2008 report on the group’s successful shakedowns of financial institutions, “an agreement with Citibank, a significant ACORN donor and partner, showed that some activists become less active when deals are in place.”
In the wake of the sting videos, ACORN officials are making a great show of clamoring for “reform.” ACORN chief executive Bertha Lewis blamed the debacles across the country on the “indefensible action of a handful of our employees.” But the corruption is systemic. ACORN has long thrown rank-and-file operatives under the bus to cover for its management’s indefensible conduct. And ACORN’s highly-touted advisory watchdogs include inherently conflicted foxes guarding the henhouse:
ACORN 顾问委员会成员 亨利西斯内罗斯 在向联邦调查局特工谎报向前情妇付款后,辞去了克林顿 HUD 秘书的职务。
ACORN 顾问委员会成员 Andy Stern 是 SEIU,受贪污丑闻困扰的大劳工组织和 有着千丝万缕的联系 致 ACORN 名誉扫地的创始人 Wade Rathke。 (并看到我的文件下降 点击此处 关于 ACORN 对 SEIU Local 100 的“培育”。)
花旗集团的 ACORN 顾问委员会成员 Eric Eve 是 ACORN/花旗银行非法外国人贷款计划的拥护者,该计划公开破坏移民法和银行业的诚信。
事实比录像中的任何虚构场景都更肮脏:ACORN 是一家犯罪企业。