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ACORN Money Missing in Missouri?

By Matthew Vadum on 6.29.09 @ 8:05PM

Kansas-based blogger Nancy Armstrong (MsPlacedDemocrat.com) reports that St. Louis, Missouri, gave a $100,000 grant to ACORN and that $82,000 of it is unaccounted for.

The money was given to ACORN for loan modifications, that is, to help struggling homeowners refinance their mortgages. ACORN reportedly charges $750 for each loan modified and says it has completed 24 of them, which means it is entitled to $18,000 from the grant.

Read more about it on Armstrong's blog here.

Armstrong and I discussed the matter with G. Gordon Liddy on his show earlier today. (podcast here)

Comments

bear1909| 6.29.09 @ 10:15PM

They squirreled away the nuts for a future war chest. Investigate ACORN now and uncover the Soetoro connection.

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William| 6.30.09 @ 9:30AM

I guess ACORN in the title is what draws the troll and spam.

Touchy little conspiracy at ACORN, aren't they?

luishudson| 7.3.09 @ 6:11AM

Check out http://obamamortgage2009.blogspot.com or obamamortgage2009.blogspot.com There needs to be a program for the elderly but not quite to retirement age for mortgage modification when the have lost their job during this particular recession. I made a decent wage because I put my time into a company and now have no job. I am looking at $10 - to $12 hr jobs after working all my life. You can't make a mortgage payment on that kind of money. I will eventually lose my home.