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Why Does Citigroup Fund Groups That Hate Freedom?

Posted by Bio ↓ on Nov 20th, 2009


Citigroup CEO Vikram Pandit thinks giving money to groups that hate capitalism is a great idea.

Should Citigroup, a recipient of U.S. government aid, be giving tax dollars to any political group, especially one as notorious as ACORN?

And as evidence continues to pile up showing ACORN’s criminal proclivities, why is Citigroup CEO Vikram Pandit actually considering restoring funding for ACORN?

Pandit said his company is awaiting an ACORN-sponsored inquiry into the group’s corruption that was prompted by the emergence this fall of several hidden-camera videos. The videos show ACORN employees eager to help a couple posing as a pimp and prostitute open up a brothel using government funding.

“We, as a company, would like to see that report,” said Pandit. Asked if he could envising Citigroup permanently cutting financial ties with ACORN, Pandit said it “completely depends” on the outcome of the report, reports the Boston Herald.

Citigroup’s charitable foundation has given ACORN affiliates more than $1 million since 2003. It’s also funded other left-wing groups including Jesse Jackson’s Rainbow/PUSH Coalition, World Resources Institute, Aspen Institute, Rainforest Alliance, and the Council on Foreign Relations.

Another Citigroup executive, Eric Eve, has indicated through his actions that he has no belief that  ACORN has the ability to reform itself . Eve (pictured below) resigned from the ACORN Advisory Council, a phony, allegedly independent panel that is supposed to suggest ways to reform the incorrigible group.

Eve’s departure removes one of the few people on the panel who could even remotely claim to actually be independent.

Meanwhile, another hidden-camera video has surfaced that shows ACORN employees behaving badly. The footage, shot at ACORN’s Los Angeles office, involves ACORN’s usual activities such as child prostitution, money laundering, and the like.

Just another day at the office for ACORN.

About

Matthew Vadum is an award-winning investigative reporter and the author of the recently published book, "Subversion Inc.: How Obama’s ACORN Red Shirts Are Still Terrorizing and Ripping Off American Taxpayers."


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