NEWS

WIRES

OTHER

ACORN Thugs Stink Up the Wrong Bank

By Matthew Vadum

Nobody ever said all the criminal street thugs at ACORN were bright.

The left-wing astroturfers of ACORN's new front group in California, Alliance of Californians for Community Empowerment (ACCE), were behind a garbage-dumping stunt at a branch of Wells Fargo bank in San Jose, Calif.

News reports consistently depict the players as angry homeowners who spontaneously erupted in a spasm of righteous indignation.

As if.

These "homeowners" were reportedly unhappy about the upkeep at a foreclosed property they thought Wells Fargo was responsible for so they decided to dump uncollected garbage at the bank. The problem is that while Wells Fargo is listed as a trustee for the property, it is actually owned by Bank of America, a longtime ACORN ally. (In recent years Bank of America Charitable Foundation Inc. has given $5 million to the mortgage bubble generators at ACORN Housing Corp.)

In a still from a TV news report on ACORN's act of political theater (shown above) an angry protester can be seen holding a sign that reads: "MAKE THE BANKS PAY! ACCE." (Full video is here.)

Link: http://biggovernment.com/mvadum/2011/08/01/acorn-thugs-stink-up-the-wrong-bank/

Whoops.

ACORN has long waged a war against Wells Fargo. As I explain in my new book Subversion Inc.: How Obama's ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers, the competitors of Wells Fargo paid ACORN handsomely to blacken the bank's name.

Predatory lenders Herb and Marion Sandler paid ACORN $11 million over the years to attack Wells Fargo, the main competition in California for their lending institution, World Savings Bank. The Sandlers are radical left-wingers who belong to George Soros's Democracy Alliance, a club of billionaires that funds political infrastructure aimed at pushing America to the left.

The Sandlers are loan sharks whom Time magazine included in its "25 People to Blame for the Financial Crisis" list. They preyed on the poor for years and paid ACORN, which also preys on the poor, to help them.

Such garbage.

ABOUT YOUR GUEST: An award-winning investigative journalist, Matthew Vadum is a senior editor at Capital Research Center (CRC),a think tank that studies left-wing advocacy groups and their funders. "Subversion Inc." is his first book and the culmination of nearly three years of research and hundreds of interviews. Since joining CRC in 2006, his work has been cited in more than two dozen books and by multiple media outlets, including Fox News, Weekly Standard, Wall Street Journal, USA Today, and Christian Science Monitor.

In her bestselling expose of the Obama administration, "Culture of Corruption," Michelle Malkin hails Vadum for having "the foresight and insight to report on the [ACORN] story when nobody else would." Glenn Beck said he finally "got it" when Vadum appeared on his TV show to talk about ACORN and helped him draw one of his famous tree diagrams. The Washington Post recognizes Vadum as an opinion maker because he "writes some of the harder edged and more influential briefings" in the conservative movement.

A graduate of Georgetown University's master's program in American Studies, Vadum lives and works in Washington, D.C.

ABOUT THE BOOK: Ballot box stuffers. Urban terrorists. Gangsters. President Barack Obama's favorite community organizing group and former employer, ACORN, is all these things and more - and rumors of its death have been greatly exaggerated. The organized crime syndicate is alive and well, and planning to resurface before the critical 2012 elections.

In Subversion Inc., investigative reporter Matthew Vadum traces the checkered history of the group and proves that the members of ACORN, and the thousands of wannabe offshoots it inspired, are foot soldiers in a long-running war on America's free political institutions.

Following the "break the bank" strategy of Marxists Richard Cloward and Frances Fox Piven, ACORN seeks to overload the system with impossible financial demands - literally destroying America's economy. With group supporters dominating the Obama administration and the Democratic Party's organizing apparatus, thuggery and intimidation already have their talons dug deeply in the corridors of power in Washington and are dragging our country into a socialist nightmare.

Exposing the underbelly of leftwing politics and how to destroy it, Subversion, Inc. is the key expos to save America's capitalism and democracy in 2012.Exposing the underbelly of leftwing politics and how to destroy it, Subversion, Inc. is the key expos to save America's capitalism and democracy in 2012.