The Democrats reacted in anger when Senate Republicans blocked their latest economic stimulus bill. Harry Reid said that bankers and lenders were high-fiving each other in hallways after the GOP torpedoed the bill, but perhaps a better explanation of Reid’s disappointment comes from Bob Casey (D-PA). The beneficiaries of the bill turns out to be somewhat different than advertised:
Here’s the transcript:
Mr. CASEY: “We want to do a couple of things with this legislation, which we know is the Foreclosure Prevention Act of 2008. Our Majority Leader, Senator Reid, and our leadership and the members of the Democratic Caucus set it out fairly specifically. A couple of basic things this legislation would have done: first of all, it would have continued what we started in the end of last year, foreclosure prevention counseling dollars, to give money to organizations around the country that are certifiably expert at this, organizations like La Raza. I know the presiding officer knows that group. We know also the Association for Community Organizations for Reform Now, known by the acronym ‘ACORN.’ They’re headquartered in Philadelphia. These are organizations which understand what a lender has to deal with but more importantly deal with borrowers when they’re borrowing money, when they’re dealing with the difficulty and complexity of borrowing money. These organizations would have helped even more so than they’re helping now with $200 million more of counseling money. That’s not going to happen right now because of what the other side did; they blocked that money by blocking this legislation.”
ACORN? Would this be the same ACORN that conducted voter fraud in Washington, resulting in felony charges against its officers there in 2007? Isn’t this the same organization that generated complaints and questions about their practices in several other jurisdictions during the 2006 election? How does shoving money into the pockets of ACORN provide an economic stimulus?
This doesn’t look like a stimulus package. It looks more like an investment in further voter fraud.