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ACORN Money Missing in Missouri?

By 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)

About the Author

Matthew Vadum is an award-winning investigative journalist at a conservative watchdog group in Washington, D.C. Vadum is also author of Subversion Inc: How Obama's ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers.

http://spectator.org/blog/2009/06/29/acorn-money-missing-in-missour
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