We are all familiar with the highly partisan and blatantly dishonest attacks on the low and moderate income advocacy group ACORN that dominated Fox News election coverage last Fall. Republican Right Wing partisans have remained loyal to their absurd talking points after the November election and continue to intentionally spread lies about the ACORN organization that all progressives, Democrats, labor activists and reformers should actively refute.
These politically-motivated attacks on ACORN are based on two ridiculous ideas.
The first ridiculous idea is that this relatively small group of relatively poor individuals somehow is responsible for the mortgage crisis and the collapse of the economy. After decades of Reagan-Bush Republican mismanagement, Wall Street greed, assaults on unionized labor, unsound tax policies, unfair trade policies, disastrous healthcare policies, runaway corporate corruption, huge sweetheart government contracts going to Republican connected corporations and absurd financial deregulation, we need to understand that the structure of our economy needs serious fundamental reform. Reagan-Bush Republicanism ruled the market economically and politically to create the economic crisis.
The economic collapse has many more serious fundamental causes than just the collapse of the mortgage market. Income inequality, speculation, ending anti-usury laws, not enforcing anti-monopoly laws and excessive credit card debt can be added to the previous list of root causes underlining the current economic crisis. The Republican Right bears most of the responsibility for this situation. ACORN bears none!
First of all, sub-prime mortgages did not create the mortgage crisis. The notable economist Paul Krugman has debunked this Republican myth very effectively. The mortgage crisis has been spread across all income levels. Foreclosures are not limited just too poor people.
ACORN has never issued any mortgages nor has it pressured lenders to issue high-rate, unaffordable loans to poor and middle class Americans. Instead, for over a decade, ACORN has been the national leader in the fight against predatory lending.
The roots of the mortgage foreclosure problem are in the deregulation of the financial sector of our economy. Readers can find an excellent article outlining this situation, The Conservative Origins of the Sub-Prime Mortgage Crisis by John Atlas and Peter Dreier http://www.prospect.org/cs/articles?article=the_conservative_origins_of_the_subprime_mortgage_crisis. The article effectively refutes most of the Republican talking points on the root causes of the mortgage meltdown.
Secondly, ACORN has never been involved in election fraud. ACORN never tried to rig any election. The accusations are both false and politically-motivated in the extreme. The FBI investigation of ACORN for voter fraud so widely publicized during the election does not appear to exist. Every state and local investigation has proven ACORN to be innocent of any wrong-doing!
Every informed political person knows that voter registration forms once signed cannot be legally discarded even if the organization collecting them suspects fraud. It is a crime to discard those registration forms. ACORN has a policy of trying to verify the validity of voter registration forms and bundling suspect forms together before turning them in to election offices. ACORN is not required by law to do this extra step but voluntarily does so to help local election offices prevent voter registration fraud.