Acorn intimidating banks
For ACORN, Barack Obama was a critical organizer, and this year, client to the tune of 0,000. As Stanley Kurtz has reported, ACORN proudly touted ‘affirmative action’ lending and pressured banks to make subprime loans.
As the spotlight turns to ACORN’s efforts to defraud our electoral process, Barack Obama owes the American people the truth about his involvement in this group. There, Obama met Madeleine Talbot, part of the Chicago branch of ACORN. Madeline Talbott, a Chicago ACORN leader, boasted of ‘dragging banks kicking and screaming’ into dubious loans. Barack Obama’s presidential campaign paid more than 0,000 to an offshoot of the liberal Association of Community Organizations for Reform Now for services the Democrat’s campaign says it mistakenly misrepresented in federal reports.
Little-known until now, ACORN has played a major role in the subprime mortgage mess that has undermined Americans’ support for free market problem-solving and set off a worldwide chain of financial troubles.
Is this a sign for what might be coming in a Obama Biden presidency where they censor out and shun certain media outlets that either ask general questions or might disagree with their political views?In the few stories where Obama’s role as an Acorn “leadership trainer” is noted, or his seats on the boards of foundations that may have supported Acorn are discussed, there is little follow-up.Even these more extensive reports miss many aspects of Obama’s ties to Acorn.Acorn is at least as radical as these better-known groups, arguably more so. Typically, media background pieces note that, on behalf of Acorn, Obama and a team of Chicago attorneys won a 1995 suit forcing the state of Illinois to implement the federal “motor-voter” bill.Yet because Acorn works locally, in carefully selected urban areas, its national profile is lower. In fact, Obama’s Acorn connection is far more extensive.