From the 'Non Compos Mentis' File
"The truth remains that thousands of New Yorkers who are facing foreclosure depend on charitable organizations like Acorn for assistance." --Sen. Kirsten Gillibrand (D-NY)
But as Investor's Business Daily argues,
"The fact is that this 'charitable organization' helped precipitate the mortgage meltdown that shattered the economy. It was Acorn, under the cover of the Community Reinvestment Act (CRA), that intimidated banks through mob action into making risky loans in the name of 'fairness' to people who could not afford them. The tactics, taken straight from the pages of Saul Alinsky's 'Rules for Radicals,' were used by Acorn as early as 1991, when it took over the House Banking Committee room for two days to protest efforts to scale back the CRA."
19 September 2009