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Tuesday, December 13, 2011

Repeating the "Big Lie"

If you are going to read this, be sure to read this first so you can properly evaluate the credibility of the author -- an author who insists, despite mountains of evidence to the contrary, that ACORN caused the crisis:

...Congressman Frank was one of the leaders of the effort in Congress to meet the demands of activists like ACORN for an easing of underwriting standards in order to make home ownership more accessible to more people. It was perhaps a worthwhile goal, but it caused the financial crisis...

That's nuts to put it mildly. See here, or any of the other many, many debunkings of this attempt to push the blame for the housing crisis on programs that tried to help the poor. The hope, of course, is that this will undermine support for social programs intended to help the disadvantaged -- that's the underlying agenda as the post below this one points out. For that reason, it's important not to let the "big lie" go unchallenged as it is repeated again and again by those supporting the right's political agenda.

    Posted by on Tuesday, December 13, 2011 at 09:36 AM in Economics, Housing | Permalink  Comments (55)


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