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| | The '''Association of Community Organizations for Reform Now''' ('''ACORN''') is a [[left-wing]] activist group supposedly geared to helping the poor achieve jobs and control over their communities. Founded in Arkansas in 1970, ACORN advocates for higher minimum wages, access to affordable housing and increased voter registration in low-income communities. | | The '''Association of Community Organizations for Reform Now''' ('''ACORN''') is a [[left-wing]] activist group supposedly geared to helping the poor achieve jobs and control over their communities. Founded in Arkansas in 1970, ACORN advocates for higher minimum wages, access to affordable housing and increased voter registration in low-income communities. |
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| − | ACORN has been a top target for conservatives because of its liberal agenda. [[Barack Obama]] worked as an attorney for the group in Chicago in the 1990s. | + | ACORN has been a top target for conservatives because of its liberal agenda. Stanley Kurtz calls it "the largest radical group in America,"<ref name=kurtz-inside> [http://article.nationalreview.com/?q=NDZiMjkwMDczZWI5ODdjOWYxZTIzZGIyNzEyMjE0ODI= Inside Obama’s Acorn: By their fruits ye shall know them] - Stanley Kurtz</ref> |
| | + | working "to take over the system from within, rather than futilely try to overthrow it from without."<ref name=kurtz-inside-2> [http://article.nationalreview.com/?q=NDZiMjkwMDczZWI5ODdjOWYxZTIzZGIyNzEyMjE0ODI=&w=MQ== Kurtz, page 2]</ref> |
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| | + | From 1992 to 2004, [[Barack Hussein Obama]] ran leadership training sessions<ref>[http://www.socialpolicy.org/index.php?id=838 Case Study: Chicago-The Barack Obama Campaign], By Toni Foulkes, ''Social Policy'', Winter 2003, Vol. 34, No. 2 Spring 2004, Vol. 34, No. 3.</ref> and served as an attorney for the group in Chicago. The group has been accused of dispensing advice on how to set up a prostitution ring involving more than a dozen underage illegal immigrant girls,<ref>[http://www.cnn.com/2009/POLITICS/09/10/acorn.prostitution/ ACORN workers caught on tape allegedly advising on prostitution], ''[[CNN]]'', September 11, 2009.</ref> among other illegal activities. |
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| − | Stanley Kurtz calls it "the largest radical group in America,"<ref name=kurtz-inside> [http://article.nationalreview.com/?q=NDZiMjkwMDczZWI5ODdjOWYxZTIzZGIyNzEyMjE0ODI= Inside Obama’s Acorn: By their fruits ye shall know them] - Stanley Kurtz</ref>
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| − | working "to take over the system from within, rather than futilely try to overthrow it from without."<ref name=kurtz-inside-2> [http://article.nationalreview.com/?q=NDZiMjkwMDczZWI5ODdjOWYxZTIzZGIyNzEyMjE0ODI=&w=MQ== Kurtz, page 2]</ref>
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| | ==Scandal== | | ==Scandal== |
| | ACORN tried to help elect Obama in 2008, but nearly a third of the 1.3 million voters it registered were rejected as fraudulent. | | ACORN tried to help elect Obama in 2008, but nearly a third of the 1.3 million voters it registered were rejected as fraudulent. |
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| | ACORN opts for undisguised authoritarian socialism, as when it proposes that “large companies which desire to leave the community” be forced to obtain “an exit visa from the community board signifying that the company has adequately compensated all its employees and the community at large for losses due to relocation." ACORN promotes ideas like “sustainable development,” which would limit the growth of suburbs—so businesses and individuals can’t flee just beyond the city limits. One of ACORN's highest targets is big businesses, dubbing them, “irresponsible.” This means any financial institutions that supposedly hinder the minority poor from getting the capital needed for home buying and business start-ups.<ref>[http://www.city-journal.org/html/13_2_acorns_nutty_regime.html ACORN’s Nutty Regime for Cities] City-journal.org, 2003</ref> ACORN strongarms financial institutions into to providing risky loans to the undeserving. In 1998, Acorn activists disrupted Federal Reserve hearings on the proposed Citicorp merger with Travelers and then later protested Citigroup's acquisition of Associates First Capital Corp. Eventually Citigroup signed an agreement to provide mortgages through Acorn counseling centers, including home loans to undocumented aliens in California. <ref>[http://www.manhattan-institute.org/html/_wsj-acorn_squash.htm Acorn Squash] Wall Street Journal, August 26, 2006</ref> They protest and picket banks mergers until they are paid off. The banks see it as the cost of doing business. One of Acorn's real intentions is to help its public-sector union allies. ACORN argues for the "Living-wage." By artificially raising the cost of outsourcing until it is just as costly as work done by government employees, "the living-wage undercuts the incentive to privatize." This is a tactic used against Wal-Mart preventing the opening of stores in low-income Chicago neighborhoods. ACORN's living-wage campaign is more likely to benefit unions than the poor. <ref>[http://www.manhattan-institute.org/html/_wsj-acorn_squash.htm Acorn Squash] Wall Street Journal, August 26, 2006</ref> | | ACORN opts for undisguised authoritarian socialism, as when it proposes that “large companies which desire to leave the community” be forced to obtain “an exit visa from the community board signifying that the company has adequately compensated all its employees and the community at large for losses due to relocation." ACORN promotes ideas like “sustainable development,” which would limit the growth of suburbs—so businesses and individuals can’t flee just beyond the city limits. One of ACORN's highest targets is big businesses, dubbing them, “irresponsible.” This means any financial institutions that supposedly hinder the minority poor from getting the capital needed for home buying and business start-ups.<ref>[http://www.city-journal.org/html/13_2_acorns_nutty_regime.html ACORN’s Nutty Regime for Cities] City-journal.org, 2003</ref> ACORN strongarms financial institutions into to providing risky loans to the undeserving. In 1998, Acorn activists disrupted Federal Reserve hearings on the proposed Citicorp merger with Travelers and then later protested Citigroup's acquisition of Associates First Capital Corp. Eventually Citigroup signed an agreement to provide mortgages through Acorn counseling centers, including home loans to undocumented aliens in California. <ref>[http://www.manhattan-institute.org/html/_wsj-acorn_squash.htm Acorn Squash] Wall Street Journal, August 26, 2006</ref> They protest and picket banks mergers until they are paid off. The banks see it as the cost of doing business. One of Acorn's real intentions is to help its public-sector union allies. ACORN argues for the "Living-wage." By artificially raising the cost of outsourcing until it is just as costly as work done by government employees, "the living-wage undercuts the incentive to privatize." This is a tactic used against Wal-Mart preventing the opening of stores in low-income Chicago neighborhoods. ACORN's living-wage campaign is more likely to benefit unions than the poor. <ref>[http://www.manhattan-institute.org/html/_wsj-acorn_squash.htm Acorn Squash] Wall Street Journal, August 26, 2006</ref> |
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| − | ==Community Redevelopment Act== | + | ==Subprime mortgage lending crisis== |
| | + | :''Main article : [[Financial crisis of 2008]]'' |
| | In 1991 ACORN took over the House Banking Committee room for two days to protest efforts to scale back the Community Redevelopment Act (CRA). ACORN was the driving force behind a 1995 regulatory revision pushed through by the [[Clinton Administration]] that greatly expanded the CRA and laid the groundwork for the [[Fannie Mae]], [[Freddie Mac]] borne [[financial crisis of 2008]]. [[Barack Obama]] was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing, to promote subprime loans more aggressively. As a ''[[New York Post]]'' article describes it: | | In 1991 ACORN took over the House Banking Committee room for two days to protest efforts to scale back the Community Redevelopment Act (CRA). ACORN was the driving force behind a 1995 regulatory revision pushed through by the [[Clinton Administration]] that greatly expanded the CRA and laid the groundwork for the [[Fannie Mae]], [[Freddie Mac]] borne [[financial crisis of 2008]]. [[Barack Obama]] was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing, to promote subprime loans more aggressively. As a ''[[New York Post]]'' article describes it: |
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