Obama first worked with Acorn in 1992 in a project called "project vote" which encouraged the poor blacks in Chicago to register and vote. Then in 1995 he represented Acorn in a law suit known as "Acorn vs Edgar" and he won a sizable settlement for Acorn. Following this he was recruited by Acorn to become a trainer-----he trained Acorn's trainers. They trained Acorn members in the art of intimidation. One thing they were trained to do was to fill bank lobbies with enough members to interfere with the banks operation. To return to normal operations the bank would agree to make "home buying" loans to people who could never repay them. In short Acorn was a sizable factor in the recent "housing crises". About the same time President Bill Clinton urged Fannie Mae and Fannie Mac to make sub-prime loans (smile Barney Frank).
Acorn was founded by Wade Rathke and Gary Delgado in 1970. Wade's brother worked for Acorn until he was found to have embezzled almost $1million----he now is with Apollo Alliance. Since 1994 Acorn has received $53billion from the government----they got $5.2billion in the first "bailout". Recently when the money was shut off by Congress 7 Senators (6 democrats and 1 independent) and 75 Representatives (all democrats) voted against the "shut off".
Really makes one PROUD to be an American doesn't it.
I'm sure the "prostitute tapes" were the final blow to Obama's friends at Acorn.
