Obama’s ACORN Seed of Financial Crisis (13Oct08)
Related to post • October 2008 • Views: 361
ACORN: The Roots of the Financial Crisis
13 October, 2008
In the New York Post, Stanley Kurtz looks for the origins of the current financial crisis and finds them in the activities of ACORN, and Barack Obama, dating back to the mid-1990s:
FOR years, ACORN had combined manipulation of the CRA with intimidation-protest tactics to force banks to lower credit standards. Its crusade, with help from Democrats in Congress, to push these high-risk “subprime” loans on banks is at the root of today’s economic meltdown.
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