- The Foundry: Conservative Policy News from The Heritage Foundation - http://blog.heritage.org -

Leftist Criminals Score Bailout Millions

Posted By Conn Carroll On February 3, 2009 @ 10:31 am In Ongoing Priorities | Comments Disabled

This past week some in Congress complained because Bank of America, who has taken billion of taxpayer bailout funds, hosted a promotional event at the Super Bowl [1]. At lest that event was designed to help the bank’s business grow.

What Congress should really be mad about is the $2 million Bank of America gave to Acorn last year [2]. Yeah, Acorn. The same organization [3] that has been indicted for voter fraud many times throughout the country and continually shakes down banks for “affordable housing” funds.

Just another example of Progressive Corporatism [4] in action.


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2009/02/03/leftist-criminals-score-bailout-millions/

URLs in this post:

[1] Bank of America, who has taken billion of taxpayer bailout funds, hosted a promotional event at the Super Bowl: http://a.abcnews.com/Blotter/story?id=6782719&page=1

[2] the $2 million Bank of America gave to Acorn last year: http://www.bankofamerica.com/foundation/pdf/Neighborhood_Preservation_Grants.pdf

[3] The same organization: http://www.foundry.org/2008/07/14/morning-bell-the-lefts-crony-capitilism-exposed/

[4] Progressive Corporatism: http://www.foundry.org/2009/01/28/progressive-corporatism-in-action/

Copyright © 2011 The Heritage Foundation. All rights reserved.