..."the Freddie and Fannie Mae bailout bill which was done this August which I also voted against because that nationalized the mortgage industry, that bill, Barney Frank voted language in that bill this summer which hard wires $420 of a $100,000 mortgage to Acorn, La Raza and other organizations..."
"CONGRESSMAN CULBERSON: And it is forever. It bypasses -- I'm on the appropriations committee. It bypasses appropriations, bypasses the congress, it's in your closing documents. From this day forward we will all be paying 4.2% basis fee of $420 for every $100,000 mortgage in your closing papers. You'll have a new little line in there, a new fee that we're going to all pay to go straight to these affordable housing funds which the states then hard wire to La Raza, Acorn, groups like that."
10.15.2008
An ACORN in Every pot?
How about this? from here
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