It shouldn't be long before ACORN recruits "Octomom" Nadya Suleman to serve as the radical left-wing group's foreclosure poster child. The jobless, unmarried mother of 14 faces eviction from her home in two weeks. Suleman's mother, who owns the residence, hasn't sent a mortgage check in 10 months and owes $23,000 in back payments. Nonetheless, the plastic surgery-enhanced, welfare-dependent Octomom was photographed this week at a video store splurging on games for her brood.
With her warped financial priorities, Suleman fits right in with the militant moochers at the Association of Community Organizations for Reform Now. As I reported last week, ACORN launched a lawless "civil disobedience" campaign across the country to demand their housing entitlement rights. With this well-oiled propaganda campaign buoying his efforts, President Obama used his State of the Nation address last night to advance his push for a massive government home foreclosure plan that will help "responsible homeowners avoid foreclosure."
But a closer look at ACORN's sob stories shows that the prototypical foreclosure "victims" don't deserve an ounce of sympathy -- or a cent of our money.
Earlier this week, ACORN activists broke into a foreclosed home in Baltimore. With a mob cheering and camera crew taping, Baltimore ACORN leader Louis Beverly busted a padlock and jimmied the door open at 315 South Ellwood Ave. The home once belonged to restaurant worker Donna Hanks, who assailed her evil bank for raising her mortgage by $300 and leaving her on the street. "This is our house now," Beverly declared with Hanks by his side at the break-in.
What ACORN didn't tell you: Hanks' house was sold in June 2008 for $192,000. She bought the two-story home in the summer of 2001 for $87,000. At some point during the next five years, she refinanced the original home loan for $270,000. Where did all that money go? (Hint: Think house-sized ATM.)
The property initially went into foreclosure proceedings in the spring of 2006. Hanks soon filed for bankruptcy and agreed to a Chapter 13 plan to pay back her bank and other creditors. In September 2006, the bankruptcy court ordered Hanks' employer to deduct $340/month from her salary to pay down the debt. Hanks did not comply with the legally binding plan. In December 2007, the loan servicer issued a notice of default on nearly $7,000 past due.
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