Don't Look In The Basement
XYZ Real Estate Company decides there is a market in the inner city neighborhoods of Minneapolis. XYZ spends a sizeable investment to set up an offices complete with agents who speak a variety of languages. The idea is to sell homes. They succeed. Over 400 homes are listed and sold through this company. Send in the ACORN thugs.
A handful of homebuyers buy second mortgage after second mortgage until they are so far underwater in their homes that there is no way out. They let the homes go to pot and once the property looks bad enough to become an illustrative poster in the alleged scam the recriminations against XYZ are launched by ACORN.
Allegations surface that XYZ Real Estate Company has allegedly screwed 4 of the 400 homeowners. ACORN officials arrange an ambush meeting with XYZ where the 4 alleged victims, and a supporting cast of dozens of their supporters, launch a series of threats through letters, flyers in the market and picketing the real estate office. XYZ is trapped. If they don't puke cash and keep the scam on the low down their commercial endeavors will be potentially squashed. Photos allegedly appear in a Hispanic newspaper. A meeting allegedly ensues with Attorney General Mike Hatch whose only advice to XYZ is alleged be to just pay the victims whatever they want and make them go away. Hatch says just pay ACORN? A great deal of money changes hands and the problem is allegedly solved.
And this alleged scam wasn't limited to the real estate business. Multiple sources suggest that the same game was played out on a major banking institution (racism/predation) and likewise on a major big box retailer (because they could). All with the alleged coordination by ACORN and supported by our elected folks.
If this is true, we got us a doozy of a corruption problem in Minnesota. And I didn't even mention elections. Ooops.
Cross-posted and comments welcome at Wright County Republican.
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