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June 30, 2009
Chairman Zero Deploys ACORN Thugs
Posted by Dave Blount at June 30, 2009 8:16 AM
If the shirts were brown instead of red, I would think we were living in 1930s Germany. Obama's friends at ACORN will be harassing lenders across the nation today, in an attempt to bully them into supporting The Leader's foreclosure-avoidance program — just as they bullied lenders into making loans based on race instead of ability to repay, thus helping to cause the subprime mortgage crisis that brought down the economy.
The campaign is entitled Home Wrecker 4. In the crosshairs are Goldman Sachs, HomEq Servicing, American Home Mortgage, and OneWest.
As American Spectator reminds us,
[L]et's not forget that ACORN helped to cause the mortgage bubble by strongarming banks into making loans they shouldn't have. And cheering them on was ACORN's lawyer, Barack Obama, who contributed to the increasingly hostile environment for banks when he represented plaintiffs in the 1995 class action lawsuit Buycks-Roberson v. Citibank. The suit demanded that Citibank grant mortgages to an equal percentage of minority and non-minority mortgage applicants. The bank settled the case three years later and reportedly agreed to beef up its lending to unqualified applicants.
It looks like Obama and his enforcers learned a valuable lesson from the crisis they helped create: crises are good for the moonbat agenda. If not for last fall's economic crash, the personification of Big Government would never have been elected POTUS.
On a tip from Oiao.
