Class Warfare

"The housing activists at ACORN and similar organizations saw lending discrimination as a form of class and racial warfare; therefore, they saw nothing wrong with using political power to fight what they saw as a systemic form of political injustice.  With crucial aid from fellow-traveling liberals such as William Proxmire and Ted Kennedy, they succeeded in pushing through Federal legislation that put the power of the state behind their activist agenda.  Some years later, of course, the fruits of this socialistic Ponzi scheme would come home to roost and the culprits would adroitly spin around and blame unregulated capitalism.  But, from a purely economic point of view, when you use the power of government to force banks to make loans for political reasons, you don't have capitalism.  You have a system of organized, state-sponsored extortion."  Peter Schweizer