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Kajsa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 10:42 AM
Original message
ACORN responds to the smears.
ACORN, the Association of Community Organizations for Reform Now

from their Homepage,

http://www.acorn.org/

I found this,

"In his newest ad, John McCain's campaign bizarrely claims, 'ACORN forced banks to issue risky home loans, the same types of loans that caused the financial crisis we're in today.' Nothing could be further from the truth. In fact, ACORN has worked successfully to help working class families get good home loans on fair terms from legitimate banks and has fought vigorously against predatory lenders who have ripped off families in our communities. These predatory loans caused the crisis.

"For more than a decade, ACORN members have held protests, released reports, and advocated for regulations to protect homeowners from predatory lenders. ACORN organizers and volunteers have been working day and night to help victims of the GOP economic meltdown to save their homes from foreclosure. In fact, ACORN has brought class action lawsuits against several predatory lenders, and has lobbied the Federal Reserve and Congress in support of regulations against predatory lending. ACORN has even been successful in convincing many lenders to treat homeowners more fairly and help families be able to make their mortgage payments and save their homes.

"Unfortunately, the Bush administration and Congressional Republicans like John McCain have blocked the sensible regulations that ACORN and others proposed that would have averted the mortgage meltdown. If John McCain thinks that community organizers caused the foreclosure crisis, he knows even less about the economy than previously thought.

"John McCain and the Republicans are desperately trying to shift the blame for the economic crisis they caused with a philosophy of deregulation and indifference to homeowners. All the grainy footage and creepy music in the world can't cancel out some simple, basic facts, and the facts about the economy are not on John McCain's side."



Senator McCain, isn't your desperation psychotic when you start blaming
community organizers( the 'CO' in ACORN) for the economic meltdown?

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ellacott Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 10:45 AM
Response to Original message
1. This is really crazy
Fox has been running with this also. They don't want to focus on the predatory lenders. A report found that 65% of those in sub-prime loans qualified for a prime 30yr fixed rate loan. Many were steered into these sub-prime loans and were mislead to the amount the loans increased over the years.
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dkofos Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 10:51 AM
Response to Original message
2. Another act of desperation.
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Kajsa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 11:02 AM
Response to Original message
3. McCain's team seems to have a problem
with community organizers.


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Beregond2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 11:37 AM
Response to Original message
4. Republicans have a problem with the whole notion of "community."
It offends their belief in "rugged individualism." Remember their horror at Hillary's "It Takes A Village To Raise A Child?" Of course, their philosophy is the first thing to be jettisoned when is it THEY who need help.
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