ACORN: Sen. McCain's proposals are an embarrassment to America

ACORN held a conference call today, dismissing the attacks made by Sen. John McCain. McCain's ad claims that ACORN forced banks to issue risky home loans, the same loans that have caused the financial crisis.

Austin King, ACORN Executive, said that McCain's idea is a "180 degree turn from the reality of what ACORN was actually trying to do." King went on to say that "while ACORN has been using every tool in the toolbox to help find solutions to the crisis, John McCain hasn't done anything but want to deregulate the system more."

Carolyn Patmon, Florida ACORN board member, said that instead of allowing families to get into risky loans, ACORN has actually been fighting against the predetory lenders and building more than $6 billion of wealth through homeownership.

ACORN Executive Director, Steve Kest, believes that if people look into McCain's voting record and his proposals, the public will see the truth behind his campaign and the negativity he will bring to the country. "John McCain's record on predetory lending is so limited that it is an embarrassment. There is not a single mention of predetory lending on documents from his senate website," Kest said during the conference call.