Extortion, Sure Sounds Like It!

Did I hear that right? Michele Bachmann the Minnesota Congresswoman absolutely blew my mind today when she revealed that ACORN was essentially involved in a confidence game with the banks in the life of the legislation that insisted that banks make bad loans. The banks had to be rated as acceptable to get under the federal radar and making bad loans was a surefire recipe for disaster. So what they did was payoff ACORN to get the good rating and evade the requirement to make bad loans. Sound like a confidence game, a protection racket? I might add that it could only work with the connivance of the government. Sounds like extortion. Sounds like corruption. This is simply outrageous. CHECK IT OUT HERE

This is more than bad, it's deep seated corruption that cuts to the core of the system. It's the same MO that's being entrenched in all the legislation that the Obama administration is pushing.