Thread: From ACORN-generated Crisis to ACORN-generated Depression?

From www.MichNews.com
http://www.michnews.com/Michael_J_Gayno ... sion.shtml

From ACORN-generated Financial Crisis to ACORN-generated Depression?

Posted in: Michael J. Gaynor
By Michael J. Gaynor
Friday, February 13, 2009 - 10:52:49 AM

The United States is on the road from ACORN-generated financial crisis to ACORN-generated depression.

Ironically, Democrats and their ally, the Association of Community Organizations for Reform Now (ACORN), caused and benefited hugely from the financial crisis.

The amazing truth is that the financial crisis permitted then Democrat presidential candidate Obama to win the presidency and Congressional Democrats to significantly increase their majorities in both the Senate and the House of Representatives.

Now, in the "good" names of stimulus and recovery, Democrats are moving toward wealth distribution and wrecking the United States economy.

Those Marxist professors whom President Obama acknowledged in his books definitely had a major influence on him.

ACORN whistleblower Anita MonCrief's lates blog, "ACORN and the Banks: Dangerous Liaisons," puts ACORN at the center of the financial crisis.

Don't expect The New York Times to report what Ms. MonCrief did, of course.

Ms. MonCrief:

"...on the Hill yesterday...some of the [ACORN] 'partners' were being grilled by Congress.

"Out of the eight CEOs present yesterday, four are or were involved with ACORN and ACORN Housing.

"Representative Barrett (R-SC) stated: 'You owe my constituents an explanation of how you got yourselves into this position and what you're doing with their money.'"

Mr. Barnett was right.

Ms. MonCrief provided the real explanation.

Ms. MonCrief:

"Of course, this is a great question, but the answer may be more than the constituents are ready to digest.

"A 2008 report at the Consumers Rights League entitled ACORN's Hypothetical House of Cards delves into ACORN's true relationships with these banks: 'Its agreements with major donors, however, would probably not delight the taxpayers who pick up 40 percent of the organization’s budget. For instance, an agreement with Citibank, a significant ACORN donor and partner, showed that some activists become less active when deals are in place: “ACORN agrees that it will not lobby for more restrictive terms and conditions, and Citigroup agrees that it will not lobby for less restrictive terms and conditions, on such legislation.â€

We knew it, and tried to get the word out during the campaign. But the mainstream media refused to cover it except to cover it up.