Search This Blog

Monday, September 29, 2008

ACORN Should Be Ashamed

Pushing and bullying lenders into making bad loans to people who could not afford to buy homes, ACORN and other thuggish groups who have used the poor and minorities to build their power base deserve much of the blame.

Community organizers intimidate banks into making high-risk loans to customers with poor credit.

In the name of fairness to minorities, community organizers occupy private offices, chant inside bank lobbies, and confront executives at their homes - and thereby force financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.

In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it.

IT would be tough to find an "on the ground" community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barrack Obama.

No comments:

Post a Comment