Thursday, February 19, 2009

An unusual story in the Wall St. Journal

It actually criticizes President Obama, and points out how irritated and unhappy the people are who chose to live within their means, who met all the requirements for downpayment and percent of income for housing costs.
    What do you expect from the government?" said David Newton, 46 years old, proprietor of DJN Management LLC, which owns 232 rental apartments in the Atlanta area. "The government isn't out there to help people who obey the law and follow the rules."

    Mr. Obama "told everybody, 'I'm going to spread wealth around,' and that's what he's going to do," Mr. Newton said. Story by Timiraos and Phillips here.
Yes, it's a quote, but at least it's not from an ACORN "community organizer" who was first taking money from the government to put people into mortgages they couldn't afford, then taking money from the government to run foreclosure workshops, and now is taking money to organize foreclosure protests.
    Since 1986, we have helped 45,000 families successfully negotiate the homebuying process and achieve the American dream of homeownership for the first time." ACORN website

    "ACORN Housing provides one-on-one mortgage loan counseling, first-time homebuyer classes, and helps clients obtain affordable mortgages through our unique lending partnerships." ACORN Florida website

    "In Providence, Rhode Island, ACORN will provide a foreclosure workshop to assist homeowners who need to renegotiate their mortgage loans. ACORN is a nonprofit group that advocates for initiatives that benefit moderate- and low-income people." Bankruptcy website

    "ACORN plans local action to stem North West Indiana mortgage foreclosures." NWI website.
If you need a job, ACORN is hiring. I'm guessing the protestors in front of homes, banks, and mortgage companies are paid.

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