Washington,
Jun 18, 2008 -
Today, the Consumers Rights League (CRL) published a collection of whistleblower documents that suggest the Association of Community Organizations for Reform Now (ACORN) has reaped substantial financial gains by misusing taxpayer dollars for political ends and by attacking lending corporations for the same “predatory” lending practices it regularly engages in.
The ACORN Housing Association (AHC), an ACORN affiliate that receives over 40% of its funding from government sources, claims to be a consumer advocate. In a newly-released report from CRL, however, a series of documents obtained from a whistleblower source reveals hypocritical and potentially illegal use of taxpayer dollars by ACORN and its related organizations. These documents – which include staff emails and internal organization policies – suggest that ACORN has failed to maintain a proper distinction between its tax-exempt housing work and its aggressive political activities.
The housing sector is in a slowdown. Proposed "fixes" shouldn't harm responsible consumers.
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