Obama Loses His Nuts!

ACORN to Shut Down in Wake of Scandal

AP

The liberal group's financial situation and reputation went into free fall within days of the release of undercover videos.

CHICAGO -- The once mighty community activist group ACORN announced Monday it is folding amid falling revenues -- six months after video footage emerged showing some of its workers giving tax tips to conservative activists posing as a pimp and prostitute.

"It's really declining revenue in the face of a series of attacks from partisan operatives and right-wing activists that have taken away our ability to raise the resources we need," ACORN spokesman Kevin Whelan said. (Hello? George Soros? MoveOn.Org? Daily Kos? Reap what you sow, f**kers!)

Several of its largest affiliates, including ACORN New York and ACORN California, broke away this year and changed their names in a bid to ditch the tarnished image of their parent organization and restore revenue that ran dry in the wake of the video scandal.

ACORN's financial situation and reputation went into free fall within days of the videos' release in September. Congress reacted by yanking ACORN's federal funding, private donors held back cash and scores of ACORN offices closed.