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More scandals at ACORN, the Obama ally that gave Obama his start as a community organizer
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ACORN, which had its housing funds cut-off by Congress over a recent child prostitution scandal, is now embroiled in a tax-evasion scandal, reports the Washington Times.
ACORN has long received taxpayer money despite a history of financial fraud and voter registration fraud. ACORN helped spawn the mortgage crisis by promoting “liar loans.”
ACORN is a left-wing group that launched Obama’s career as a community organizer. He has long-standing ties to ACORN, and an ACORN affiliate received received $800,000 from Obama’s campaign.
ACORN stands to profit greatly from Obama's financial-regulation proposals, which would strengthen the Community Reinvestment Act. (The Community Reinvestment Act is extremely harmful to banks and prudent lending, pressuring banks to make risky, low-income loans).
Its affiliates and related entities would also likely profit from Obama's health-care plan, which contains subsidies for community organizers. (ObamaCare also contains racial preferences and other dubious provisions that have drawn criticism from the U.S. Commission on Civil Rights and constitutional law professors).
While funneling money to community organizers like ACORN, Obama's health care plan would raise taxes, break promises, harm people with insurance, explode the budget deficit, destroy many inexpensive health-care plans, and take away important freedoms.
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