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ACORN and the case of the underage, illegal-immigrant prostitutes

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Posted on September 10 2009 7:33 pm

ACORN

 

On Thursday, Glenn Beck aired secretly videotaped footage of two ACORN employees advising a young man and woman (posing undercover as a pimp and a prostitute) on how they could defraud the federal government out of taxpayer dollars for the purpose of financing a prostitution ring staffed by more than a dozen underage illegal aliens. While the story itself shocks the sensibilities of any normal human being, it is no surprise at all to learn that if any organization were to be implicated in such a degenerate scam, it would be a pack of lowlife thugs like ACORN. ACORN’s entire history is essentially an uninterrupted narrative of fraud, deceit, and intimidation aimed entirely at overwhelming and razing such American institutions as our electoral and economic systems.

In 2008, for instance, election officials in several states reported that fully half of all the voter-registration forms ACORN had submitted were fraudulent. As of last October, ACORN was under investigation for voter-registration fraud in 13 states.

ACORN was also a key player in the chain of events that led to the housing and banking crash of 2008. A significant factor contributing to the genesis of that crisis was the 1977 passage of the Community Reinvestment Act (CRA), a federal law that required banks to extend, for purposes of racial “equity,” credit to undercapitalized, high-risk borrowers in low-income, mostly-minority areas.

Under CRA guidelines, any bank wishing to expand or to merge with another financial institution would be required to first demonstrate that it had complied with all CRA rules. Final approval for expansions or mergers could be stalled, or derailed entirely, if “community groups” like ACORN were to accuse a bank — however frivolously or unjustly — of having violated the mandates of the CRA.  

In the early 1990s ACORN, thus empowered by the CRA, insisted that banks demonstrate their commitment to minority lending by drastically lowering their standards on down-payments and underwriting, and by making loans even to borrowers – especially nonwhite minorities — with bad credit histories. If banks expressed reluctance to do so, ACORN intimidated them into compliance by threatening to sue them, to smear them in the media with negative-publicity campaigns, and to block any mergers which the banks might seek in the future. These threats were often accompanied by screaming mobs of ACORN demonstrators swarming bank lobbies, demanding “justice.”

But don’t expect to hear about ACORN’s latest act of malfeasance from any of the leftwing media. They want the story to go away for one simple reason: It is a story that threatens to tarnish the image of their golden boy and golden girl, Barack Obama and Hillary Clinton, both of whom have longstanding, intimate ties to ACORN. In 2008, for instance, Obama’s presidential campaign demonstrated its solidarity with ACORN by quietly giving one of the organization’s front groups more than $800,000 to fund a voter-registration drive on Obama’s behalf.

For a comprehensive account of ACORN’s disgraceful, criminal history, click here.

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