Just remember, Steven Lerner’s crazy plan about destroying the economy via pulling money out of Chase bank? Conspiracy theory?
NY Communities for Change, best remembered as ACORN has announced that they have convinced an entire Village in NY to pull their money out of Chase Bank:
The village of Hempstead on Long Island is pulling its money from JPMorgan Chase and severing its ties with the bank to protest lending and foreclosure policies, according to local officials there. “Chase has been identified as one of the banks that have a high rate of predatory lending and also for not helping to modify loans,” the mayor, Wayne Hall, said on Tuesday.
The treasurer, Ray Calame, said the village would soon begin to
slowly withdraw the $12.5 million in operating funds and investments it
had in Chase, ultimately ending Hempstead’s more than 20-year
relationship with the bank.The move is part of a two-month-old campaign led by New York
Communities for Change, the community organization formerly known as Acorn, to urge elected officials, unions and religious leaders to divest their Chase assets.Hempstead was the first known municipality to severe its ties with
the bank as part of the protest, a group spokesman said. They contend
that while Chase serviced a large numbers of mortgages in Hempstead, it
had refused to modify a disproportionately large number of troubled
mortgages.
I’m still not convinced that this type of demagoguery will work, my hope is that it will equate to a severe waste of time, money and resources. At the very least, it is evidence that ACORN is back to business as usual and is reengaged in mortgage terrorism.
But, no one can doubt the fact that Lerner’s plan is in affect.
Yeah, but we’re all crazy to take these people at their word.
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It goes with the 1994 democrats calling republicans baby killers, making draconian cuts to starve seniors, and all the other drivel
We really have to do to them, what they do to us. They never give up because it is the only thing they know. That is why they have to be defeated. And just because they are off the front page for a few weeks does not mean they have gone away, or ‘reformed’
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Amen to that.
So long as conservatives refuse to face these barbarians and remain aloof and detached so as to appear to be the adults in the room, ACORN and its ilk will continue to deceive a public that is many cases is all to willing to believe the lies and stereotypes of the Miitant Left. The same public that will ignore the berserkers in Wisconsin and now Washington State while swallowing the propganda that two conservaties trading baseball cards constitutes an act of Tea Party Violence.
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They’re a bunch of friggin’ looney tunes if you ask me, but they are effective at what they do, economic terrorism.
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[...] The Lonely Conservative A NY village has promised to take their money out of JP Morgan/Chase Manhattan bank; NY Communities [...]
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[...] Acorn announced their campaign which was dubbed “mortgage terrorism” at the Lonely Conservative. Hempstead is a minority-run municipality and they are leading the state-wide movement to begin [...]
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Credit Steven Lerner (of SEIU) with this. Glenn Beck exposed this plan a week ago…….He even alerted JP Morgan CHASE…and the DOJ. Chase responded with an ‘OH WELL” and of course the DOJ did nothing, even though Lerner was caught on tape outlining a plot to cause economic terrorism in the US by demonizing and terrorising JPMorgan CHASe. Guess he and SEIU are sending in their thugs.
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