 merrie says: Banks and other financial institutions have given millions of dollars and other forms of support to ACORN for decades in response to boycott threats from the organization, as well as accusations of racism and other forms of discrimination in granting personal loans and mortgages. The ACORN campaigns followed passage of the 1977 Community Reinvestment Act (CRA), which was designed to pressure financial institutions to loosen lending standards in order to increase home ownership among poor and minority communities. Legislation strengthening CRA during the Clinton administration greatly encouraged such ACORN activities. Dissident current and former officials of ACORN claim that donations made to AHC and other affiliates are often misappropriated. “There’s no guarantee that any donations are going where they are supposed to be going,” said Ron Sykes, treasurer of the Washington D.C. ACORN and a member of the ACORN 8. The organization’s finances are handled through the Citizens Consulting Inc. (CCI), according to the ACORN 8, a whistleblower group. Bret Jacobson, president and founder of Maverick Strategies, said banks could risk legal action from unhappy shareholders if managers do not sever financial ties with ACORN. “It would be gross negligence for banks to continue paying public relations protection money to an organization that is so radioactive,” said Jacobson, whose firm specializes in political-public relations efforts. “ACORN has finally been exposed for its deep-seeded corruption and now bankers have to do a serious cost-benefit analysis of whether they want to be financially linked to a gro... Interesting that there was a recent clip about advertisers leaving the Beck program. Insignificant as it was. Now this? I just have one thing to say: L-O-freaking-L L-O-freaking-L  I've noticed the Dennis Haysbert, the black dude that does the All-State commercials ("President David Palmer" from "24") has been giving *Geico subtle little digs lately. I give All-State props for picking up the Beck supporters/Geico boycotters. I watched a bit on EWTN last night that said the American Catholic Bishops approved about 1 million of the "second collection" monies for Acorn and other radical left wing groups, 3 of which were openly pro-abortion. Hopefully that kind of activity will HAVE to cease under the current spotlight. However, the pressure will have to be ongoing. I watched a bit on EWTN last night that said the American Catholic Bishops approved about 1 million of the "second collection" monies for Acorn and other radical left wing groups, 3 of which were openly pro-abortionHAS ANYONE SEEN WHERE THE CATHOLIC CHURCH WENT? by Steve Savage "King of the Beasts" http://sskotb.blogspot.com/2006/09/false-pretenses-to-obtain-your-souls-by.html |
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