Thursday, February 26, 2009

Foreclosure Follies

As President Obama tries to move his $275 billion dollar foreclosure plan of robbing Peter to bailout Paul plan forward. His radical activist friends at ACORN are already taken the law into their own hands breaking into foreclosed houses like burglars and thieves. Michelle Malkin has the money quotes and the real "documented" story:

But a closer look at ACORN’s sob stories shows that the prototypical foreclosure “victims” by the Left don’t deserve an ounce of sympathy – or a cent of our money.
Earlier this week, ACORN activists broke into a foreclosed home in Baltimore. With a mob cheering and camera crew taping, ACORN leader Louis Beverly busted a padlock and jimmied the door open at 315 South Ellwood Ave. The home once belonged to restaurant worker Donna Hanks, who assailed her evil bank for raising her mortgage by $300 and leaving her on the street.
“This is our house now,” Beverly declared with Hanks by his side at the break-in. What ACORN didn’t tell you: Hanks’ house was sold in June 2008 for $192,000. She bought the two-story home in the summer of 2001 for $87,000. At some point during the next five years, she re-financed the original home loan for $270,000. Where did all that money go? (Hint: Think house-sized ATM.)
Baltimore ACORN leader Louis Beverly, who also claims to be a foreclosure victim himself, was charged with burglary for the break-in and released. He is literally a housing thug – having been charged with separate second-degree assault and property destruction charges earlier this year and battery, assault, handgun possession and possession of a deadly weapon with intent to injure in 1992; and slapped with a peace order issued against him in 2006.

Remember Obama and others talking about how foreclosed homes are the real problem. Well this foreclosed home that ACORN thugs broke into had already been sold and so was no longer part of the problem. It seems ACORN is part of the real problem with there criminal tactics.

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