Friday, October 10, 2008

TWO LIES ABOUT ACORN

David Swanson - From 2000 to 2003 I was the communications coordinator for ACORN, the Association of Community Organizations for Reform Now. I don't know whether to be sorry or relieved that I don't have my old job now.

ACORN has been through some scandals of its own making, but it is currently all over the news because of a pair of absolutely fraudulent and nationally coordinated attacks. . .

Now, if some kid fills out bogus forms in order to make more money from ACORN for supposedly registering voters, ACORN is supposed to try to catch that stuff and not turn in those forms. On the whole, ACORN has registered huge numbers of people with only a tiny percentage of problems. But the more important point is that the kid trying to scam extra bucks has no intention of trying to vote multiple times, risking imprisonment, and no intention of bringing in corpses to have them vote, as CNN seems to imagine. There's no money in fraudulent voting, only enormous risk. But there is money and power in vote suppression and vote miscounting, the major stories that this one is meant to distract from.

The other attack on ACORN focuses on blaming the Community Reinvestment Act for the collapse of Wall Street. Most subprime loans, and therefore most predatory loans, are not made in order to comply with CRA. In fact, low-income and minority communities have seen a great deal of activism in recent years demanding that the predatory lenders stay out, not in. ACORN coined the phrase "predatory lending" and made news years ago by beginning a major campaign to keep loans that are worse than nothing out of neighborhoods.

Predatory loans are not loans made to the wrong kind of people. They are loans made in very deceptive ways with the aim of making the borrower believe they'll be able to pay it back, but with the aim of making them fail. Predatory mortgage lenders make money by refinancing repeatedly, extracting more fees each time, and eventually seizing the property. This is accomplished with misleading fine print that strips people of their equity through all sorts of hidden fees and charges and rate increases, and by consolidating credit card and other debt with house debt. Every year, ACORN produces a lengthy report documenting the targeting of racial minorities with these loans.

For years, ACORN has led efforts to ban predatory loans through local and state legislation, while the same gang that is now so upset about these loans being made has fought endlessly against bans and restrictions.

The good news is that the family of organizations known as ACORN is growing, raising wages, improving schools, reforming corporations, building housing, organizing active citizens, and clearly threatening the powers that be. ACORN has decidedly moved past the stage of being ignored and even the stage of being laughed at. ACORN is now being attacked. Next comes victory.

1 Comments:

At October 11, 2008 5:14 AM, Anonymous Anonymous said...

好秘书 中国呼吸网 肿瘤网 中国皮肤网 癌症康复网 中国公文网 工作总结 个人工作总结 半年工作总结 年终工作总结 单位工作总结 教师工作总结 教学工作总结 学校工作总结 德育工作总结 财务工作总结 医务工作总结 安全工作总结 乡镇工作总结 党员工作总结 团委工作总结 公司工作总结 实习工作总结 班主任工作总结 党支部工作总结 办公室工作总结 学生会工作总结 工作报告 政府报告 述职报告 述职述廉 考察报告 自查报告 情况报告 调研报告 调查报告 申请报告 辞职报告 实习报告 验收报告 评估报告 工作汇报 思想汇报 汇报材料 情况通报 情况汇报 心得体会 学习体会 工作体会 培训体会 读后感 领导讲话 庆典致辞 节日致辞 开业开幕 演讲稿 竞聘演讲 就职演讲 比赛演讲 征文演讲 节日演讲 演讲技巧 工作意见 活动策划 工作方案 整改方案 实施方案 企划文案 营销方案 培训方案 应急预案 规章制度 法律法规 事迹材料 先进事迹 个人事迹 申报材料 学习材料 考察材料 经验材料 交流材料 自我鉴定 工作计划 工作规划 年度工作计划 学校工作计划 个人工作计划 团委工作计划 工会工作计划 单位工作计划 党支部工作计划 民主生活会 入党志愿书 入党申请书 入团申请书 转正申请书 党性分析材料 先教活动 整改措施 剖析材料 公告通知 模板范例 贺电贺词 常用书信 合同范本 社交礼仪 法律文书 论文

 

Post a Comment

<< Home