Dodd Financial Bill Creates ACORN for Risky Credit Applicants (Dodd Wants Acorn 2.0 Beta)

ATR ^ | 5/6/10 | Brian M. Johnson

[Andrea19]

...One overlooked portion of the financial regulation bill is Section. 1013. Contained within Section 1013 ((b)(2)), on page 1213, is a segment titled Community Affairs. In 33 words, Senator Dodd’s bill looks to replicate ACORN’s practices:

“The Director shall establish a unit whose functions shall include providing information, guidance, and technical assistance regarding the offering and provision of consumer financial products or services to traditionally underserved consumers and communities.”

ACORN, on its website, describes itself using similar language:

“ACORN is the nation’s largest grassroots community organization of low- and moderate-income people... ACORN has been building community organizations that are committed to social and economic justice, and won victories on thousands of issues of concern to our members, through direct action, negotiation, legislative advocacy and voter participation..."

[Andrea19]

Senator Dodd if asked about shenanigans should say, takes one to know one.

Help promote Conservative activism here & here & here & here

[Drill Thrawl]

Everytime this jerk opens his mouth I think of Rahm with his steak knife.