Wednesday, October 14, 2009
Federal Government Demands Payola
I listen to Glenn Beck. On today's show he had as a guest Rep. Michele Bachman(R) from Minnesota. Ms. Bachman is a bulldog and she had a government corruption story for Beck and his listeners. This is what she has learned. The federal government in the 1990's, under Clinton, passed the Community Re-investment Act saying that banks must give loans to people who are poor credit risks. The government then made a threat to shut down banks if they refuse to make bad loans. One way banks could satisfy their partnership would be to forcibly give cash to ACORN. Ms. Bachman then listed a number of banks by name who were victims of this scam. This is more than unconstitutional. It's traitorous. God bless Michelle Bachman and God bless Glenn Beck.
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