Bank of America has suspended its current commitments to ACORN Housing, an affiliate of Association of Community Organizations for Reform Now (ACORN), a scandal-hit U.S. liberal grassroots group, the Wall Street Journal said on Monday.You know, this has a delicious irony to it. The banking industry has been demonized by the Democrats for quite a while now, based on some of the banks getting out of control with lending practices. Nowthe Democrats own thinly disguised front operation is getting hammered for what the Democrats claim are the misdeeds of a handful of employees.
The banking company "will not enter into any further agreements with ACORN or any of its affiliates," pending assessments of the organization's operations, the paper quoted a Bank of America spokesman as saying.
ACORN Housing has worked with Bank of America and other large banks on foreclosure-prevention efforts, the Journal said.
So when the Democrats (and their PR arm--the mainstream media) are trying to ruin somebody, their position is that evidence of corruption by a subset is ample reason to hammer on the whole. But when it is their own front operation, they fall back on the "it's the misdeeds of a few" argument.
Which is it, Democrats? Remember, it was not all that long ago that they were trying to pass off the ACORN situation as a smear campaign by FOX news.
Maybe Soros can step in with his checkbook and fund this ACORN for the Democrats too.