Changes

== ACORN ==

== ACORN ==

;;''Main article : [[ACORN]]''

;;''Main article : [[ACORN]]''

[[File:1223acorn.jpg|thumb|241px|right|'''Obama was lead attorney for ACORN Housing prior to the subprime mortgage crisis''' and has extensive experience with the groups "community organizing" tactics. ACORN has been accused of voter fraud, facilitating tax fraud, human trafficing, and child prostitution.]]

[[File:1223acorn.jpg|thumb|241px|left|'''Obama was lead attorney for ACORN Housing prior to the subprime mortgage crisis''' and has extensive experience with the groups "community organizing" tactics. ACORN has been accused of voter fraud, facilitating tax fraud, human trafficing, and child prostitution.]]

In 1994 Obama represented ACORN in the ''Buycks-Roberson v. Citibank Fed. Sav. Bank'' suit against redlining.  ACORN was the driving force<ref>http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html</ref>  behind a 1995 regulatory revision pushed through by the [[Clinton Administration]] that greatly expanded the [[Community Redevelopment Act]] (CRA).  Obama represented ACORN before Clinton administration regulators in this effort. With the new regulations, ACORN used its subsidiary, ACORN Housing, and the threat of lawsuits under fair housing laws, to induce lenders to expand subprime lending, or so-called "toxic assets." A 2007 report by the Federal Reserve Bank of St. Louis notes 50% of all subprime mortgages were in predominently minority census tracks.<ref>http://research.stlouisfed.org/publications/review/06/01/ChomPennCross.pdf</ref>

In 1994 Obama represented ACORN in the ''Buycks-Roberson v. Citibank Fed. Sav. Bank'' suit against redlining.  ACORN was the driving force<ref>http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html</ref>  behind a 1995 regulatory revision pushed through by the [[Clinton Administration]] that greatly expanded the [[Community Redevelopment Act]] (CRA).  Obama represented ACORN before Clinton administration regulators in this effort. With the new regulations, ACORN used its subsidiary, ACORN Housing, and the threat of lawsuits under fair housing laws, to induce lenders to expand subprime lending, or so-called "toxic assets." A 2007 report by the Federal Reserve Bank of St. Louis notes 50% of all subprime mortgages were in predominently minority census tracks.<ref>http://research.stlouisfed.org/publications/review/06/01/ChomPennCross.pdf</ref>