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How does Obama and ACORN relate to the economic crisis?

http://michellemalkin.com/2008/06/25/the-acorn-oba...

Obama Was Part Of Team Of Lawyers Who Represented ACORN In A Suit Against The State Of Illinois. "Obama was part of a team of attorneys who represented the Association of Community Organizations for Reform Now (ACORN) in a lawsuit against the state of Illinois in 1995 for failing to implement a federal law designed to make it easier for the poor and others to register as voters." (Mike Robinson, "Obama Got Start In Civil Rights Practice," The Associated Press, 2/20/07

http://www.marketwatch.com/news/story/rnc-obama--a...

Which led to housing legislation to "make housing affordable for all"

Too bad all these people that received the mortgages from ACORN could never pay them within months to a year.

Case Name

Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance

Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011

State/Territory Illinois

Case Summary

Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.

U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).

The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.

Plaintiff’s Lawyers

Obama, Barack H. (Illinois)

FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000

Alexis, Hilary I. (Illinois)

FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000

Childers, Michael Allen (Illinois)

FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000

Clayton, Fay (Illinois)

FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000

Cummings, Jeffrey Irvine (Illinois)

FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000

Love, Sara Norris (Virginia)

FH-IL-0011-9000

Miner, Judson Hirsch (Illinois)

FH-IL-0011-7500 | FH-IL-0011-9000

Wickert, John Henry (Illinois)

FH-IL-0011-9000

It's racist because these people can't afford their mortgages, NICE!

Update:

That, Obama started the whole "affordable" housing deal with ACORN.

This spread to the Carter and Clinton administration and resulted in what we have today.

Update 2:

I love the fact filled arguments the democrats are posing!!

5 Answers

Relevance
  • Anonymous
    1 decade ago
    Favorite Answer

    $1 million is NOTHING compare to Enron and Halliburton.

  • It has nothing to do with the housing bubble, the financial crisis and the Great Recession!

  • 1 decade ago

    Acorns come from Oak Tress. This is true.

  • Anonymous
    1 decade ago

    IT DOESNT. The scum bag republicans are trying to distract people from the fact that they dont know how to do anything

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  • Anonymous
    1 decade ago

    and your point is?

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