Monday, May 24, 2010

Dodd Financial Takeover Bill Recreates ACORN Within Government Agencies, Research Shows


By Kevin Mooney

Does the now passed so-called Senate financial overhaul bill re-establish the controversial organization, ACORN, as part of new government agencies? Even worse, does the legislation intend for those new government agencies to actually replicate ACORN’s questionable financial practices?

These questions are explored in an alarming report from Brian Johnson, a meticulous researcher with Americans for Tax Reform (ATR). Sen. Chris Dodd’s 1,400 page bill could possible recreate ACORN within the framework of government agencies, he suggests.

Even as the New York Times and other media outlets remains fixated on the “risky behavior” of financial companies in its reporting, it should carefully consider the motivations of federal office holders.

Get full story here.

No comments: