ACORN files for Chapter 7 Bankruptcy
CNN — ACORN, the community group from which a mighty oak of political controversy grew, announced it is filing for Chapter 7 bankruptcy by the close of business Tuesday. In March, it began bringing its national operations to a close.
“For over 40 years ACORN has fought the good fight,” said CEO Bertha Lewis, today, in a statement on the group’s website. “The ongoing political onslaught caused irreparable harm.”
That onslaught began two years ago with allegations the group condoned fraud in its work registering voters. ACORN denied the allegations, but the drumbeat grew stronger when a young conservative activist, James O’Keefe, released highly-edited videos purporting to show ACORN staffers condoning illegal activities. Congress blocked federal funding for the organization, which began shrinking soon thereafter.
Filing for Chapter 7 means liquidating and selling off all remaining assets and closing up shop.
The Classical Liberal
ACORN was a fraud. I went there years ago for mortgage advice and the people there knew less than I did. (And I truly did not know much at the time.)
ACORN was one more example of ward politics, and whatever you think of their political positions, these sorts of games must be pushed to the side and become something future generations look at and shake their heads in disgust and disbelief.
Good riddance ACORN.
http://www.theclassicallibe…
CN
My wife once agreed to let them take monthly donations from her bank account. When she later told them to stop because she didnt’ want to give them anymore they refused and kept taking from her account every month. My wife finally had to close her bank account and open a new one to put an end to it.
Milhouse
“James O’Keefe, released highly-edited videos purporting to show ACORN staffers condoning illegal activities.”
That is an outright lie. The videos showed exactly what they “purported” to show; ACORN staff willingly giving advice on how to run a house of ill repute. The films were edited like any documentary; there was nothing misleading about it, and the full audio recordings are available online for anyone who wants to verify this. ACORN’s claim to have been unfairly maligned, and that O’Keefe misrepresented what happened, is simply one more lie from these crooks.
Don’t celebrate this “bankruptcy” either; ACORN is exactly the same organisation as the SEIU and the Working Families Party, and they continue strong. They’ve run up too many debts under the ACORN name, so they’re closing that down and will continue doing business under their other names. They are the same crooked scum, who are deliberately undermining our country.