No cheers for left-wing collaborators at Bank of America

By Michelle Malkin  •  September 28, 2009 09:47 PM

Bank of America has been caving in to left-wing special interests for years.

The financial giant teamed up with the open-borders lobby to offer illegal alien home loans.

It forked over payoffs to self-declared bank terrorist outfit NACA (the taxpayer-subsidized Neighborhood Assistance Corporation of America).

BoA also capitulated to a Jesse Jackson shakedown.

And then, after receiving a middle-of-the-night taxpayer-funded bailout, it forked over $2 million to the ACORN Housing Corporation — which has had a long history of fraud and abuse that goes back years and years before the sting videos ever came in to being.

As a result of the recent scandals, Bank of America has now “suspended current commitments” with ACORN:

“Bank of America takes recent allegations made against Acorn and Acorn Housing Corporation employees very seriously,” the bank said in a statement.

Took ‘em long enough.

Congress needs to investigate all of ACORN’s partners in crime — not just the myriad affiliates under the ACORN flagship umbrella and its inextricably linked colleagues at the SEIU, but also its corporate collaborators who looked the other way for decades while the ACORN racketeering operation flourished.

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Posted in: ACORN Watch,SEIU

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Comments


  1. #1
    On September 28th, 2009 at 10:22 pm, FloridaBill said:

    About time, indeed!

  2. #2
    On September 28th, 2009 at 10:23 pm, simcoe said:

    Took ‘em long enough

    Don’t ever fall into the trap of thinking that banks are about doing the right thing. They had to wait ‘till their bean counters approved the idea that, financially it made more sense to back away from ACORN than to stay with them. Things like complaints from customers and threats of closing accounts.

    It has little or nothing to do with what is right. Witness their close ties from which they have to back away. In fact, it was probably still a close vote behind the closed doors.

  3. #3
    On September 28th, 2009 at 10:43 pm, zyzzyg said:

    Yep, ACORN, among others, that have receieved federal funds should be investigated. The money that went to ACORN is chicken feed compared with other Government largesse.

    Part of the new health care reform is about waste, fraud and abuse. How about demonstrating that this can be dealt with first.

    Talk about subsidies and giving federal funds to abusive entities. What about farm subsidies . . . especially those dollars given not to grow stuff.

    Contractors – $700 toilet seats – $200 hammers – wiring that kills troops – Coast Guard ships that are scrapped before they are even launched.

    It shouldn’t be about who is disliked most, but about the money.

  4. #4
    On September 28th, 2009 at 11:05 pm, bjc said:

    BofA is not too big to fail, they have been too dirty to have “America” in their name; They have long been one of the biggest advocacy pimps for illegal alien amnesty; If there was true justice in this country, they would have been shut down years ago for aiding and abetting people illegally in this country; As with P-BO, I hope they fail!

  5. #5
    On September 28th, 2009 at 11:07 pm, JHSII said:

    If zyzzyg really believes that “It shouldn’t be about who is disliked most, but about the money.” then why did he bring up:

    Contractors – $700 toilet seats – $200 hammers – wiring that kills troops – Coast Guard ships that are scrapped before they are even launched.

    It’s called hypocrisy. :roll:

  6. #6
    On September 28th, 2009 at 11:44 pm, happy2behere said:

    It’s not just the money or who likes whom. It’s the insidious structure that made bad loans with taxpayer money and then gets/gives taxpayer money to help the bad loaners and loanees. That is what many on this blog are mad about. Get with the program, $700 toilets are not the issue.

  7. #7
    On September 28th, 2009 at 11:53 pm, Hangfire said:

    I get sooooo sick of the $700 toilet seat whining.

    The seats were not the same shape as Home Depot or Lowes, they were aluminum and made elongated so that they would fit aboard the head (lavatory) in a P-3C Orion anti-submarine warfare plane.

    The design costs, making the molds, production costs (if the Navy had more P-3′s, the cost-per-seat would have gone down), and cost of spares produced for the anticipated life cycle of the aircraft make it approximately $700/seat. And that was the lowest of at least 3 bidders.

    If a commercial, off-the-shelf toilet seat would have worked, the Navy would have bought it.

    And that is the LAST time you will ever hear me defend the U.S. Navy.

  8. #8
    On September 29th, 2009 at 12:38 am, BlameAmericaLast said:

    The “folks” over at ACORN need to go to jail. And…all those who enabled their crimes.

  9. #9
    On September 29th, 2009 at 12:44 am, corkie said:

    $700 toilet seats

    Everyone,

    This is an idiotic statement. It was $600, and it wasn’t a toilet seat. It was an entire waste storage container for a combat aircraft. It was more like a porta-pottie; a self-contained single piece of molded plastic designed for a crew of 12+ flying 13+ hour missions and for easy disposal and cleaning.

    And because it was misrepresented by idiots like this commenter, politicians decided that it could never be purchased again – therefore, the crews were forced to do without them. The men handled it fairly well, but the female crew were a bit inconvenienced.

    So, what’s wrong with people like this? Do you hate women or something? Maybe they don’t think women have a place in our military? I’d really like to know.

  10. #10
    On September 29th, 2009 at 12:46 am, corkie said:

    On September 28th, 2009 at 11:53 pm, Hangfire said:

    Sorry, Hangfire. I should have read through the remainder of the comments. It’s good to see someone else calling him out on that.

  11. #11
    On September 29th, 2009 at 12:52 am, jrgdds said:

    I’ve had enough. Today, I moved my Personal and business accounts to a local credit union. They won’t miss me, but screw them.

  12. #12
    On September 29th, 2009 at 2:40 am, Bhishma said:

    Americans forget that their 9/11 president, for his Amigos, was the first, spitting on hard-working, tax-paying Americans. It was only a matter of time before schools granted in-state tuition, banks granted zero payment mortgages and immgigration laws pretend there are no criminals.
    Then again, if the commander-in-chief lays down the red-carpet on Rio-Grande, what do the voters do?

  13. #13
    On September 29th, 2009 at 3:00 am, conservative in europe said:

    Hold on a second here folks.. BoA is the worst Bank in America – can’t argue that.

    However, think about their position:

    - They are in the business of making money.

    - They do this by holding other people’s money and investing it.

    So, during the recent past, our illustrious government has flooded ACORN with taxpayer money and turned a blind eye to all the illegal and immoral deeds ACORN has been up to. ACORN wants to let BoA take care of their money, good for BoA. It’s called capitalism and the U.S. Government has been giving the ACORN folks a big, fat seal of approval for many years.

    The same with illegal aliens. Congress and ALL of our prior Presidents since Ike has bent over backwards to ensure that illegal aliens are treated with all the comforts of a US Citizen. Money is money and if BoA wants to risk theirs by loaning money to people who aren’t legally in the USA and they can turn a profit doing it, good for them. Once again, Capitalism is a winner.

    Of course, the other side of the coin is that the rest of us don’t have to do business with BoA. I certainly don’t and won’t. When enough people decide to drop them, the income they receive from illegals and Communist Subversive Organizations like ACORN will not be enough to keep the company afloat. Capitalism, it can’t be beaten.

  14. #14
    On September 29th, 2009 at 4:54 am, Mostly Annoyed said:

    I used to work for BoA, but long before at a small bank that was bought by Nation Bank then Boa. After about six months I left, they were years ahead of the current administration. They constantly sent out announcements that were just one lie after another. I don’t know if they expected people to believe them but no one with half a brain did, but no one said a word about it either. Everyone was afraid of loosing their job. There is almost no future at banks that grow by buying other banks, they are constantly consolidating and laying off people. Not a lot of happy people, except for the really senior people, they weren’t being let go and were getting giant bonuses. There are better (and more profitable) ways to run a business.

  15. #15
    On September 29th, 2009 at 5:31 am, radio relay said:

    Ever wonder why all of a sudden the rats are abandoning ACORN?

    I don’t think it’s because they are so damned concerned about “the videos”. I think something else is up … The left are oily snakes in the grass, and conservatives ain’t gonna like it … whatever it is … Just wait and see.

  16. #16
    On September 29th, 2009 at 7:09 am, tarpon said:

    The bad loans, homes for illegals, cost taxpayers $160 billion in bailout money. Probably not a good investment for the USA, the ACORN-BofA partnership.

  17. #17
    On September 29th, 2009 at 8:08 am, On-my-soap-box said:

    BoA and Je$$ie Jerk$on in the same thread should tell you something…

  18. #18
    On September 29th, 2009 at 8:57 am, tre said:

    Bank of unAmerica made a deal with the devil.
    Live with it now.

  19. #19
    On September 29th, 2009 at 9:18 am, MarcoPolo said:

    On September 28th, 2009 at 10:43 pm, zyzzyg said:

    It shouldn’t be about who is disliked most, but about the money.

    It’s always about the money. The GOP had 6 years of control. They didn’t reduce a single instance of socialism, and we all know what happened to spending.

    In the private sector, the goal is to make as much as you can. In the public sector, the goal is to take as much as you can. The bigger your budget, the more power you have.

  20. #20
    On September 29th, 2009 at 9:39 am, tiredofit08 said:

    off topic…more lib indoctrination

    http://www.youtube.com/watch?v=fKIzVZtbFUA

  21. #21
    On September 29th, 2009 at 10:06 am, gunslingerpatriot said:

    Thanks Tof8-I heard about this early this morning on Glenn Beck.

    GSP
    “Dissent is Patriotic-hrc”

  22. #22
    On September 29th, 2009 at 10:16 am, Rob said:

    I stopped doing business with B of A when they started giving credit cards to illegals. I haven’t thought they deserved to use the word “America” since.

  23. #23
    On September 29th, 2009 at 10:17 am, cheapseat said:

    zyzz; to the extent that you are saying we should quit spending taxpayers money on irrelevant failed wasteful projects, i agree with you. like, welfare, the war on poverty, the united nations, the military subsidization of half the world’s economies (s. korea, italy, japan, england, thailand, et al) the aide our magnanimous politicians spread around the world every time there is a disaster somewhere (didn’t the phillipines vote us out of their country, so why are we helping them with this hurricane?) at least 3 rings of the pentagon are redundent general officers still fighting wars they never went to in the past (vietnam ended 36 years ago folks) and military spending on surface ships, other than carriers. and seperate aircraft for every branch of the military, and on and on.

  24. #24
    On September 29th, 2009 at 10:20 am, Rorschach said:

    Not to defend BoA because they are indefensible, but once you bend over and take it once, you’re basically resigned to taking it in the arse from everyone lined up behind them. It becomes habitual. I’m sure they agreed to begin with to avoid a shakedown, and once they were shown to be susceptible to shakedowns, the shakedowns just kept coming. the response became reflexive. BoA finally sees someone standing up to the shakedowns and making it stick and they start thinking “hey, why do I have to take it in the arse from these b@stards? They aren’t and they are getting away with it!”

  25. #25
    On September 29th, 2009 at 10:40 am, tampadave said:

    Thank God I don’t bank with B of A. I will never support trashy organizations like ACORN.

  26. #26
    On September 29th, 2009 at 10:56 am, NJ-Aviator said:

    Neighborhood Assistance Corporation of America

    This group sounds like they a visit from a pimp, a hooker and a video camera.

  27. #27
    On September 29th, 2009 at 11:06 am, NJ-Aviator said:

    “Need” a visit…

  28. #28
    On September 29th, 2009 at 11:52 am, rightisright said:

    They won’t miss me, but screw them.

    They’ll miss you, count on it…although it is a numbers games, the more people that move their accounts the more these un-American self-centered businesses pay for their actions. I don’t see how anyone in good conscience can bank with these pro-open boarder companies.

  29. #29
    On September 29th, 2009 at 3:34 pm, By Choice said:

    AP Gianinni has been rolling over in his grave for years. Someone at BofA finally found their huevos!!

    Maybe they can do the same with the Federal Government and give back all the bailout money they took!!

  30. #30
    On September 30th, 2009 at 3:55 am, Bachbone said:

    Rob nailed it about Bank of America knowingly giving credit cards to illegals. But he forgot to mention that when asked (by the Bush administration, I believe) to stop doing so, it (and Citibank, which was also issuing them to illegals) flatly refused!

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