Dinesh D'Souza Quote
Progressives needed a new idea, and Alinsky came up with one: force banks and financial institutions to loan money to unqualified applicants so that they can buy homes. Alinsky’s own idea was to terrorize the banks by having thousands of activists walk into banks and open up accounts of one dollar each, in effect paralyzing the bank’s normal operations. This became the model for a number of leftist groups that took up the cause of bank intimidation, notably an Alinskyite organization called ACORN. The ideological justification for this tactic was social justice. Starting in the 1970s, ACORN and other leftist groups protested that banks were discriminating against poor and minority home loan applicants. Even though such applicants had less wealth, less income, and less reliable credit histories, these groups insisted that banks should lower their lending standards to accommodate them. According to these activists, home ownership was a right and getting a mortgage to buy a home was a matter of fairness. In 1977, a liberal Democratic Congress obligingly passed, and President Jimmy Carter signed into law, the Community Reinvestment Act (CRA). This law, aggressively promoted by liberal icons like Senator Ted Kennedy and Senator William Proxmire, imposed on banks an affirmative obligation to make loans in their own neighborhoods, even if those neighborhoods were poor credit risks.
Progressives needed a new idea, and Alinsky came up with one: force banks and financial institutions to loan money to unqualified applicants so that they can buy homes. Alinsky’s own idea was to terrorize the banks by having thousands of activists walk into banks and open up accounts of one dollar each, in effect paralyzing the bank’s normal operations. This became the model for a number of leftist groups that took up the cause of bank intimidation, notably an Alinskyite organization called ACORN. The ideological justification for this tactic was social justice. Starting in the 1970s, ACORN and other leftist groups protested that banks were discriminating against poor and minority home loan applicants. Even though such applicants had less wealth, less income, and less reliable credit histories, these groups insisted that banks should lower their lending standards to accommodate them. According to these activists, home ownership was a right and getting a mortgage to buy a home was a matter of fairness. In 1977, a liberal Democratic Congress obligingly passed, and President Jimmy Carter signed into law, the Community Reinvestment Act (CRA). This law, aggressively promoted by liberal icons like Senator Ted Kennedy and Senator William Proxmire, imposed on banks an affirmative obligation to make loans in their own neighborhoods, even if those neighborhoods were poor credit risks.
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About Dinesh D'Souza
Born in Mumbai to Catholic parents, D'Souza moved to the United States as an exchange student and graduated from Dartmouth College. He was a policy adviser in the administration of President Ronald Reagan and has been affiliated with the American Enterprise Institute and the Hoover Institution. He became a naturalized citizen in 1991. From 2010 to 2012, he was president of The King's College, a Christian school in New York City, until he resigned after an alleged adultery scandal.
In 2012, D'Souza released the conspiracist political film 2016: Obama's America, an anti-Barack Obama polemic based on his 2010 book The Roots of Obama's Rage. He has since released five other conspiracist films: America: Imagine the World Without Her (2014), Hillary's America (2016), Death of a Nation (2018), Trump Card (2020) and 2000 Mules (2022). D'Souza's films and commentary have generated considerable controversy due to their promotion of conspiracy theories and falsehoods, as well as for their incendiary nature.
In 2014, D'Souza pleaded guilty in federal court to one felony charge of using a "straw donor" to make an illegal campaign contribution. He was sentenced to eight months incarceration in a halfway house near his home in San Diego, five years' probation, and a $30,000 fine. In 2018, D'Souza was issued a pardon by President Donald Trump.