Earlier, we wrote about how the economic “stimulus package” passed by Congress contained pork for left-wing groups like “La Raza” (Spanish for “the race”). Now, House banking committee chairman Barney Frank is including a $10 million annual earmark specifically for La Raza in the federal housing bill. La Raza also gets money from consumer class action settlements, even though its ideological activities — like suing employers over remarks that offend their illegal alien employees — don’t have anything to do with consumers. (Class action money ends up being diverted to political causes irrelevant to most consumers, like lobbying for affirmative action). We wrote earlier about Barney Frank’s terrible mortgage bailout bill and how it would harm the economy and rip off taxpayers.
Categorized | Economy, Legal, Politics as Usual
Housing Bill Contains Left-Wing Pork: Subsidies for La Raza
by Hans Bader
May 05, 2008 @ 4:44 pm
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[...] via Hans Bader at Open Market, comes word that the latest housing bill making its way through Congress includes a a $10 annual [...]
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[...] and how it is based on ridiculous reasoning. Federal housing legislation also contains political pork for left-wing lobbying groups. addthis_url = [...]
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[...] and how it is based on ridiculous reasoning. Federal housing legislation also contains political pork for left-wing lobbying groups. addthis_url = [...]
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[...] aliens, “and public funding for abortions.â€Â  Some of these same groups are slated to receive taxpayer money under earmarks in federal housing and mortgage-bailout legislation. addthis_url = [...]
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[...] aliens, “and public funding for abortions.â€Â  Some of these same groups are slated to receive taxpayer money under earmarks in federal housing and mortgage-bailout legislation. addthis_url = [...]
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[...] of an ailing subprime mortgage lender (Angelo Mozilo), and now is using a mortgage bailout bill loaded with left-wing pork to buy up its defaulting loans, at taxpayer expense, even though the American people oppose [...]
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[...] of an ailing subprime mortgage lender (Angelo Mozilo), and now is using a mortgage bailout bill loaded with left-wing pork to buy up its defaulting loans, at taxpayer expense, even though the American people oppose [...]
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[...] bailouts, Congressional leaders favor them, since mortgage bailout bills contain pork for politically-connected left-wing special interest groups. The mortgage bailout bill also pointlessly undermines privacy rights, requiring that people in [...]
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[...] taxpayer funds, bails out a mortgage lender that gave senators sweetheart loans, and contains pork for politically-connected special interest groups.  It will further destabilize the housing market by encouraging borrowers to default. [...]
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[...] it, although the bill has so much support it might pass even over his veto. The bill contains pork for left-wing special interest groups, encourages borrowers with little equity to default on their mortgages, will cost taxpayers [...]
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[...] accusing them of racial discrimination if they refuse to make such loans. The bill also contains pork and slush funds for left-wing special interest groups. We’ve explained previously why the [...]
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[...] children to order intimidate banks into making loans to people with bad credit, and groups that lobby for taxpayer-funded welfare benefits for illegal aliens. It would also cost taxpayers a bundle, bailing out politically-connected lenders that gambled [...]
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[...] bank managers’ children to intimidate them into making loans to people with bad credit and support welfare benefits for illegal aliens. It will cost taxpayers billions, bail out irresponsible lenders, and encourage borrowers to [...]
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[...] housing” that will be used to enrich left-wing lobbying groups like ACORN and La Raza, and may be used to finance  projects by politically-connected developers who benefit from [...]
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[...] Charles Schumer, and Chris Dodd, who used the bill to fund left-wing special interest groups that support them, and to further enrich the unaccountable government-backed mortgage giant Fannie Mae, which has [...]
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[...] President-elect Obama wants a massive stimulus package of $700 billion or more. But previous attempts to artificially stimulate the economy have generally been failures. The $160 billion in stimulus rebates early in 2008 failed to stimulate the economy, much less prevent the financial crisis that followed, even as they drove up the federal deficit and the national debt, while punishing hard work and providing pork for left-wing special interest groups. [...]
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SO how do we stop these people?