September 29, 2008

Love the Financial Crisis? Thank Your Local "Community Organizer"

And yes, the one running for President has his hands all over it:

IT would be tough to find an "on the ground" community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.

When Obama was just a budding community organizer in Chicago, Talbott was so impressed that she asked him to train her personal staff.

He returned to Chicago in the early '90s, just as Talbott was starting her pressure campaign on local banks. Chicago ACORN sought out Obama's legal services for a "motor voter" case and partnered with him on his 1992 "Project VOTE" registration drive.

In those years, he also conducted leadership-training seminars for ACORN's up-and-coming organizers. That is, Obama was training the army of ACORN organizers who participated in Madeline Talbott's drive against Chicago's banks.

More than that, Obama was funding them. As he rose to a leadership role at Chicago's Woods Fund, he became the most powerful voice on the foundation's board for supporting ACORN and other community organizers. In 1995, the Woods Fund substantially expanded its funding of community organizers - and Obama chaired the committee that urged and managed the shift.

That committee's report on strategies for funding groups like ACORN features all the key names in Obama's organizer network. The report quotes Talbott more than any other figure; Sandra Maxwell, Talbott's ACORN ally in the bank battle, was also among the organizers consulted.

MORE, the Obama-supervised Woods Fund report acknowledges the problem of getting donors and foundations to contribute to radical groups like ACORN - whose confrontational tactics often scare off even liberal donors and foundations.

Indeed, the report brags about pulling the wool over the public's eye. The Woods Fund's claim to be "nonideological," it says, has "enabled the Trustees to make grants to organizations that use confrontational tactics against the business and government 'establishments' without undue risk of being criticized for partisanship."

Hmm. Radicalism disguised by a claim to be postideological. Sound familiar?

Oh, it sounds all too familiar.

The one constant of Barack Obama's rise to power is his ability to funnel money to radical groups without drawing undue attention to himself.

As chairman of the Chicago Annenberg Challenge, Obama directed educational monies meant for elementary and secondary school improvement into a series of grants to radical organizations bent on activism and ideological indoctrination. You'll be shocked—shocked!—to find out that those millions were directed to groups identified by the Chicago School Reform Collaborative—headed by domestic terrorist and Obama fundraiser Bill Ayers.

Obama has also used the Woods Fund (as noted in the article above) and the Joyce Foundation to launder money from grant-giving organizations into funding for radical groups and causes that were too politically controversial to directly raise funds on their own. He's great for the economic welfare of radicals.

And don't you love the mess he's helped get us all into now?

Posted by Confederate Yankee at September 29, 2008 08:20 AM

Penney Pritzker of Hyatt family fame is on his campaign and also is in charge of the group that took over from CAC.

She and Valerie Jarrett are major players here but hidden in plain site.

My contention is that originally old man Ayers enabled Obama.

But after Obamas faile house run his finance manager who also worked for Pritzker Real Estate interests got her to buy into Obama.

Right now I believe Bill Ayers and Penney Pritzker are the pair behind the power and that is why Obama won't toss him under the bus and has lame excuses for her on his fact check section of his site.

She is the originator in the early 90s of sub prime loans and mortgage backed securities which are such a problem now and she has the failed Superior Bank on her resume to prove it.

Posted by: JustADude at September 29, 2008 09:31 AM

We know why the Democratic Party media (MSM) do not talk about this, but why the heck doesnt McCain or Paline hit him on this stuff in ads? Or even in the debates or when they are interviewed? When Obama had the nerve to say during the last debate that he was all for math and science programs to educated our youth I could not believe McCain didnt hit him between the eyes with the fact that he turned down those programs for funding in Chicago. Time is running out and McCain better get on the ball.

Posted by: Krystal at September 29, 2008 10:27 AM

The inevitable "Chicago Question":

"Who sent Obama?"

The fate of our republic may depend on the answer.

Posted by: MarkJ at September 29, 2008 10:47 AM

I am disgusted with this. I have written an open letter to John McCain. If he supports this bill, I am done with him. He promises exposure,shame. IF ever there was a time- now is it.

Posted by: Virginia Shanahan at September 29, 2008 11:09 AM

Ayers and his ilk benefit mightily from their own incompetence. If the morons playing chemistry set in their basement had actually gotten these bombs to Ft Dix and killed some REAL people instead of their worthy selves there is no way this piece of filth could have walked away. Likewise ACORN is an absurdity; registering Mickey Mouse to vote? Isn't that hilarious! The doofs who tried to car-bomb the WTC same same. It's all so ridiculous, only you crazy wingnuts can't take the joke!
To paraphrase the great McBane, "Laughing time is over now."

Posted by: megapotamus at September 29, 2008 12:20 PM