ACORN did not go out of existence in 2009, despite claims of conservatives to the contrary. No, indeed. In the midst of the national angst against ACORN and all that talk of defunding ACORN, Obama was busy funding the organization via Fannie/Freddie. On Dec. 24 of 2009, Obama gave carte blanche with regards to Fannie/Freddie funding sources. The two GSE's can borrow as much money as they need and without having to account for the expense of that money. Of course ACORN received a big pay out from the Fannie/Freddie funds, under the housing wing of its organization. That is why we have not heard a word from ACORN about their need for money for well over a year, now. They have no financial needs that we, the taxpayers, are not funding. It is criminal and there is nothing we can do about because the GOP is doing nothing about.
ACORN International (Community Organizations International) is a federation of community based non-profit organizations working in countries around the world. ACORN has affiliate offices in Argentina, Peru, Mexico, the Dominican Republic, Canada, Kenya, Honduras, India and now Egypt and South Korea, working on campaigns as diverse as: affordable housing, living wages, provision of water and sanitation, education, and health care reform.
Understand that ACORN will be used by Obama in the coming 2012 election. It is busy stuffing its coffers with money, in preparation of 2012, bringing in untold amounts of cash from its overseas offices.
Related articles:
http://fdlaction.firedoglake.com/2009/12/26/fanhttp://www.huffingtonpost.com/2009/11/10/fannie-and-freddie-fire-t_n_353018.htmlniefreddie-christmas-eve-bailout-draws-rave-reviews/
http://www.huffingtonpost.com/2009/11/10/fannie-and-freddie-fire-t_n_353018.html
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