.....Acorn became among the most successful at exploiting the law, especially after the Clinton administration set up tough new CRA standards. In 1993 Acorn crafted a $55 million, 11-city lending program administered by it and financed by 14 major banks eager to avoid CRA woes. In 1998 Acorn activists disrupted Federal Reserve hearings on the proposed Citicorp merger with Travelers, waving red umbrellas, a corporate symbol of Travelers, and then later protested Citigroup's acquisition of Associates First Capital Corp. Eventually Citigroup signed an agreement to provide mortgages through Acorn counseling centers, including home loans to undocumented aliens in California. In 2000 a U.S. Senate...

.....Acorn became among the most successful at exploiting the law, especially after the Clinton administration set up tough new CRA standards. In 1993 Acorn crafted a $55 million, 11-city lending program administered by it and financed by 14 major banks eager to avoid CRA woes. In 1998 Acorn activists disrupted Federal Reserve hearings on the proposed Citicorp merger with Travelers, waving red umbrellas, a corporate symbol of Travelers, and then later protested Citigroup's acquisition of Associates First Capital Corp. Eventually Citigroup signed an agreement to provide mortgages through Acorn counseling centers, including home loans to undocumented aliens in California. In 2000 a U.S. Senate subcommittee estimated that such CRA deals had directed at least $9.5 billion through nonprofits, making the CRA the second-most important funder of social advocacy groups next to the government itself.

While CRA spurred Acorn's growth, the "living wage" is the group's most successful local issue. In the early '90s, advocates persuaded Baltimore to require city government contractors to pay salaries substantially above the federal minimum wage; the campaign caught the attention of Acorn just when the Gingrich Congress was coming into power with a conservative agenda. Stymied in Washington, Acorn decided instead it would work city by city, starting in the most liberal places, to enact local wage legislation.

Groups like Acorn thrive off a 1960s philosophy which holds that the worse things are, the better. The more Acorn's policies thwart the free market, stymie efforts to make government more efficient and saddle the poor with bad stores and lousy services, the more Acorn can lobby for government aid to cure the ills of our society—all funneled through Acorn-run programs, of course.