06-08-2009, 12:14 PM
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#1
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Banned
Join Date: Dec 2004
Location: IGNORE LIST OR BAN LIST
Posts: 7,839
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ACORN founders plan to destroy US economy
CHANDLER: The Cloward-Piven strategy - Washington Times
Quote:
There is plenty blame to go around for the financial crash. Yet, there is a distinct odor of the shadowy Cloward-Piven strategy as the taproot of abusive practices that triggered the crisis. The strategy's goal is to bring about the fall of capitalism by overloading and undermining government bureaucracy.
Its supporting tactics include flooding government with impossible demands until it slowly cranks to a stop; overloading electoral systems with successive tidal waves of new voters, many of them bogus; shaking down banks, politicians in Congress, and the Department of Housing and Urban Development for affirmative-action borrowing; and, now, pulling down the national financial system by demanding exotic, subprime mortgages for low-income Americans with little hope of repaying their loans. These toxic mortgages are an important source of the foul smell engulfing the entire financial bailout.
Developed in the mid-1960s by two Columbia University sociologists, Andrew Cloward and Frances Fox Piven, much of their strategy was drawn from Saul Alinsky, Chicago's notorious revolutionary Marxist community organizer. The Association of Community Organizations for Reform Now (ACORN) succeeded the National Welfare Rights Organization in the execution of the Cloward-Piven grand tactics of using the poor as cannon fodder to tear down the capitalist system. It was low-income, mostly black and Hispanic people, who were used by ACORN guerrillas to take subprime toxic mortgages.
The 2008 financial crisis has all of the earmarks of a Cloward-Piven strategy assault against the capitalist system. Stanley Kurtz of the Ethics and Public Policy Center recently explained that "community organizers" (1) "intimidate banks into making high risk loans to customers with poor credit," (2) "occupy private offices, chant inside bank lobbies, and confront executives at their homes," and, through these thuggish tactics, (3) compel "financial institutions to direct hundreds of millions dollars in mortgages to low-credit customers." "In other words," Mr. Kurtz explained during a presentation at the Hudson Institute's Bradley Center for Philanthropy and Civic Renewal, "community organizers help to undermine America's economy by pushing the banking system into a sink-hole of bad loans."
A key element of the contemporary crisis certainly reflects many years of a "backward economic philosophy and culture of corruption" cited by the Obama camp. But much of the associated backwardness and deception were secretly peddled by the Institute for Policy Studies. Its war against the financial system used improvised non-ethical devices (INEDs) designed to destroy capitalism and support Mr. Obama. One of those roadside INEDs was the Cloward-Piven strategy.
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Last edited by NEPatriot; 06-08-2009 at 12:16 PM..
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