“It would be tough to find an ‘on the ground’ community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.”

by

ACORN’s Madeline Talbott

“Obama was fully aware of the intimidation tactics used by ACORN’s Madeline Talbott.”

“Radicalism disguised by a claim to be postideological” [Ed Whelan]

http://corner.nationalreview.com/post/?q=YWE2MWFiMTdlODIzYjgxYjk0YTk3YmZlNjcwY2Q5YzY=

Some excerpts from Stanley Kurtz’s New York Post essay today on Barack Obama’s role in pushing banks to make bad loans:

What exactly does a “community organizer” do? Barack Obama’s rise has left many Americans asking themselves that question. Here’s a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.…

In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it.…

[T]he Obama-supervised Woods Fund report acknowledges the problem of getting donors and foundations to contribute to radical groups like ACORN – whose confrontational tactics often scare off even liberal donors and foundations. Indeed, the report brags about pulling the wool over the public’s eye. The Woods Fund’s claim to be “nonideological,” it says, has “enabled the Trustees to make grants to organizations that use confrontational tactics against the business and government ‘establishments’ without undue risk of being criticized for partisanship.”

Hmm. Radicalism disguised by a claim to be postideological. Sound familiar?

The Woods Fund report makes it clear Obama was fully aware of the intimidation tactics used by ACORN’s Madeline Talbott in her pioneering efforts to force banks to suspend their usual credit standards. Yet he supported Talbott in every conceivable way. He trained her personal staff and other aspiring ACORN leaders, he consulted with her extensively, and he arranged a major boost in foundation funding for her efforts.

See also:

http://southernledger.com/blogs/security_policy/?m=200810

Thanks to the intrepid Stanley Kurtz, we also have learned of Sen. Obama’s longstanding ties to another fixture of the radical left, one emblematic of its enmity towards an America seen as oppressive and racist: the Association of Community Organizations for Reform Now (better known as ACORN).

Obama trained ACORN personnel, worked with its activists on the group’s (often problematic) voter-registration efforts and consulted with its most aggressive operatives. Preeminent among the latter has been one Madeline Talbott.

Obama also secured, through his position on the Woods Fund and Chicago Annenberg Challenge boards (he served on the former with Bill Ayers), funding for ACORN’s intimidation campaigns against banks that failed to make sub-prime style loans to otherwise ineligible would-be homeowners. As Kurtz put it in the New York Post

http://www.nypost.com/seven/09292008/postopinion/opedcolumnists/os_dangerous_pals_131216.htm?page=0

“It would be tough to find an ‘on the ground’ community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.”

To the extent that the economic effects of the sub-prime meltdown makes Charles Keating’s S&L raid on the Treasury look like a church social, Obama should be careful about casting stones in that direction.

William Ayers Steve Diamond Stanley Kurtz Barack Obama Ken Rolling

One Response to ““It would be tough to find an ‘on the ground’ community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.””

  1. rosettasister Says:

    See also:

    http://globallabor.blogspot.com/2008/04/who-sent-obama.html
    Monday, October 13, 2008
    Who “sent” Obama?

    Special Global Labor Repost. Originally Posted April 22, 2008. Updated October 13, 2008.

    See June 19, 2008 post: That “guy who lives in my neighborhood” for more detail on Ayers-Obama relationship.

    http://globallabor.blogspot.com/2008/06/that-guy-who-lives-in-my-neighborhood.html

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