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O’Keefe’s Next Expose — HUD

Normally, James O’Keefe and Andrew Breitbart carefully script the rollout of their stories.  The way they handled ACORN was masterful, leaking out a couple of videos in the beginning just so that ACORN could say that they were isolated incidents and then look like idiots when O’Keefe released more videos.  People like me would anxiously await the next video, because they were awesome — the ultimate in political theater.  The scandal had serious political implications for ACORN and for the Democratic Party.

Unfortunately, that isn’t going to happen with their next scandal, because Wired Magazine broke it — clearly not what Breitbart and O’Keefe wanted.

This time, there are no prostitutes involved, just a shady, and serious, tax-fraud scheme. The ploy involves the Obama administration’s 10 percent tax credit to first-time home buyers. The law says that the credit maxes out at $8,000 for an $80,000 home. But at the Detroit office of the Department of Housing and Urban Development, the rule seems open to interpretation. O’Keefe asks a staffer, What if I bought a place for $50,000, but the seller and I agreed to write down $80,000 as the purchase price?

“Flip it any way you want,” the staffer replies.

What if the place is worth much less — like only $6,000?

“Yup, you can do that.”

O’Keefe and fellow activist Joe Basel ran the same sting at HUD’s Chicago office and at several federally supported independent housing groups.

It’s still going to be great, though.  Oh, and read the full article on Breitbart at Wired — good stuff.

6 Comments

  1. macaoidh says:

    Basel was one of the two "telephone repairmen" at Landrieu's office. It will be interesting to see how the New Orleans crew develops over time.

  2. macaoidh says:

    Basel was one of the two "telephone repairmen" at Landrieu's office. It will be interesting to see how the New Orleans crew develops over time.

  3. [...] and early fall as a result of cash-for-clunkers and the new home buyer tax credit (which apparently James O’Keefe will be exposing as rife with waste and fraud soon). As you can see from the graph at left, the transactions the Consumer Metrics Institute has [...]

  4. [...] and early fall as a result of cash-for-clunkers and the new home buyer tax credit (which apparently James O’Keefe will be exposing as rife with waste and fraud soon). As you can see from the graph at left, the transactions the Consumer Metrics Institute has [...]

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