File this under “some folks never learn”. ACORN (aka Community Organizations International) is going after lenders to force them to take advantage of Obama’s Making Home Affordable foreclosure-avoidance program. This is the same tactic Obama and ACORN used back in the day, to get lenders to relax their lending rules for the sake of "affordable housing" and thus planting the seeds of the subprime lending fiasco.
Via American Spectator
ACORN, which played a starring role in creating the subprime mortgage crisis, plans to add insult to injury by harassing lenders across the nation with protests tomorrow in an effort to coerce them into supporting President Obama's Making Home Affordable foreclosure-avoidance program.
Austin King, director of ACORN Financial Justice, sent out a press release today advising of the demonstrations that are planned as part of its "Homewrecker 4" campaign. The four financial companies targeted are Goldman Sachs, HomEq Servicing, American Home Mortgage, and OneWest. Read the whole documenthere.
ACORN plans to hit Dallas, Pittsburgh, Philadelphia, St. Louis, New York City, Wilmington (Del.), Columbus (Ohio), Houston, Little Rock, Boston, Los Angeles, Miami, San Francisco, and Seattle.
Why is it that so many liberals refuse to abandon bad policy, no matter how wrong it has been proven, they refuse to give up on it. There are countless examples of socialism and communism failing miserably but liberals still strive for both like they are trying to reach Nirvana.
Also what is up with some of ACORN’s nomenclature? “Director of Financial Justice” and “Homewrecker 4”? Geez!