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Thread: Andrew Cuomo and Hud

  1. #1
    Tony Fracasso - Admin
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    Andrew Cuomo and Hud

    So anyone here care to explain his roll with HUD and Andrew Cuomo? A few posters mentioned the topic and I wondered what is involved.

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    Quote Originally Posted by WNYresident View Post
    So anyone here care to explain his roll with HUD and Andrew Cuomo? A few posters mentioned the topic and I wondered what is involved.
    hud is the government's housing and urban development.

    Oversees home ownership, low-income housing assistance, fair housing laws, homelessness, aid for distressed neighborhoods, and housing development programs.
    hud also offers first time home buyers a good chance over any out of state landlord buyers. anyone against hud is insane to make the program out as anything bad. among the many services they offer, avoiding foreclosure, home improvents, grants for low income property owners, section 8, housing discrimination, they are good for urban communities. cuomo supporting hud makes him a good man of the people, even though he has yet to announce he wants to run as governor, and we know that's the only reason why you attached cuomo to hud. hud wouldn't let a property get to where the board of health needs to be called on, especially one is a candidate running for governor.

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    Quote Originally Posted by WNYresident View Post
    A few posters mentioned the topic and I wondered what is involved.
    in my neighborhood, november of last year, a private owner sold his property to a canadian investor, in the same week hud sold a home to a first-time home owner from the neighborhood. both properties went within the same margin of price, today the hud property is people living, paying taxes and spending in the community happily, the other property by the canadian investor is now for lease with an asking price too high for anyone to afford. you tell me how bad hud is.

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    Andrew Cuomo and Hud, don't attack the two things that are not in your neighborhhod just because paladino's property is a mess in south buffalo.

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    Member Eat My Gun's Avatar
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    Cuomo was HUD Secretary under Clinton.....

    One year he lost $17 billion. The next $59 billion. Yes, that's BILLION. Completely unaccounted for...

    He'd be a perfect NY governor.


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    Quote Originally Posted by Eat My Gun View Post
    One year he lost $17 billion.
    is this a state-wide republican opinion "loss"?

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    Member raoul duke's Avatar
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    Quote Originally Posted by Eat My Gun View Post
    One year he lost $17 billion. The next $59 billion. Yes, that's BILLION. Completely unaccounted for...
    Source? Not for nothing, but my opinion of HUD and how it's been administered for the last 25 years or so, especially with regards to WNY, is something I'm always seeking to refine. Care to shed any light?

    PS. I work in the real estate biz, so do not hesitate to provide links to market specific websites. I know the world of development, but am also willing to learn.
    One beautiful thing about having a government of the corporations, by the corporations, and for the corporations is that every disaster is measured in terms of economic loss. It's sort of like getting your arm sheared off in a car accident and thinking, "Damn, now it'll take longer to fold the laundry" as blood spurts from your arteries. - The Rude Pundit

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    Quote Originally Posted by raoul duke View Post
    I know the world of development, but am also willing to learn.
    learning 101 rd, wnyresident only wanted to down hud because he wanted me to prove a paladino property is a mess, which i did, but wnyresident wants to attack cuomo (as a non-candidate) for the same office paladino is actually running for. connect the dots, check how many times he asked "anti-pally" people who would be be a better governor..... without accepting that whomever we come with is different than the actual person running for office. cuomo is still undecided.

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    Member raoul duke's Avatar
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    Quote Originally Posted by bflo_resident1 View Post
    learning 101 rd, wnyresident only wanted to down hud because he wanted me to prove a paladino property is a mess, which i did, but he wants to attack cuomo (as a non-candidate) for the same office paladino is actually running for. connect the dots, check how many times he asked "anti-pally" people who would be be a better governor..... without accepting that whomever we come with is different than the actual person running for office. cuomo is still undecided.
    Yeah, so? Huh?

    BTW, methinks Cuomo is running for Gov. He's just smart enough to not waste any time, energy and/or money with a primary that is not going to happen. Besides, he's whuppin' almost every challenger in the polls without even entering the race. Personally, I'm not particularly a fan of Cuomo. But compared to the candidates the GOP is offering, it's almost a no-brainer.

    Lazio or Levy or Paladino as the alternatives? Really? Lazio might be someone worth considering if he didn't completely suck at reminding people why they should vote for him.
    One beautiful thing about having a government of the corporations, by the corporations, and for the corporations is that every disaster is measured in terms of economic loss. It's sort of like getting your arm sheared off in a car accident and thinking, "Damn, now it'll take longer to fold the laundry" as blood spurts from your arteries. - The Rude Pundit

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    Raoul

    Glad you're here. As a "student" of HUD, can you decipher what this article is saying? Was Cuomo at the helm and did he make any of these decisions or was this some inherited garbage?
    http://online.wsj.com/article/SB1000...Tabs%3Darticle

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    Quote Originally Posted by raoul duke View Post
    Besides, he's whuppin' almost every challenger in the polls without even entering the race.
    this quote is the no-brainer for this thread since the only reason wnyresident matched cuomo with hud was to make a comparison against paladino by using hud as a bad thing because paladino's property was photographed a slum in south buffalo (in a different topic). wnyresident had been asking anyone not supporting of pally to name someone good enough to be governor, he's picked cuomo (a non candidate) as a comparison and using hud because pally's got a non-hud property that should have brought up on health code violations 2 years ago. you, of all people, didn't catch wnyresident's intentional plan.

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    Member DomesticatedFeminist's Avatar
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    A friend's sister bought a house through hud and I am not sure if it was through hud or not but received money to fix up the property. This person wasn't a welfare receipiant, they had just graduated from college and working there first job out. 4 years later, still at the house and property looks awesome!
    “Two percent of the people think; three percent of the people think they think; and ninety-five percent of the people would rather die than think.”

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    Member run4it's Avatar
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    Quote Originally Posted by raoul duke View Post
    Lazio might be someone worth considering if he didn't completely suck at reminding people why they should vote for him.
    Last I checked the best reason Lazio ever gave to vote for him was that he isn't Hillary Clinton.

    DF (or MILF, as your new name should be) in all fairness to Res, I don't think he's passive agressive enough to dangle a question out there and let someone else do his dirty digging. I think he's honestly trying to get a real idea of what the various allusions to Cuomo's involvement with HUD are about. Res is more than capable of directly hitting someone when he wants to.
    But your being a dick
    ~Wnyresident

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    Tony Fracasso - Admin
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    Quote Originally Posted by bflo_resident1 View Post
    this quote is the no-brainer for this thread since the only reason wnyresident matched cuomo with hud was to make a comparison against paladino by using hud as a bad thing because paladino's property was photographed a slum in south buffalo (in a different topic). wnyresident had been asking anyone not supporting of pally to name someone good enough to be governor, he's picked cuomo (a non candidate) as a comparison and using hud because pally's got a non-hud property that should have brought up on health code violations 2 years ago. you, of all people, didn't catch wnyresident's intentional plan.
    Intentional Plan? What? The man is going to run for governor or our NYS. Haven't you had enough *******s who have lead our state to the point of billions in debt and can't even get a budget on time? Your fine with that?

    You intention is to character assassinate anyone who wants to stand in the way of continued status quo. You do your best to cast a negative light any way you can.

    Health code violations? Which ones? You better start laying our your facts. What codes are broken?

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    Exclamation HUD is being run like a criminal enterprise

    Read this article written by Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development (HUD). She lays out a comprehensive play-by-play of some underhanded tactics cuomo was involved in. People like Cuomo protect themselves by hiding behind layers and levels of bureaucratic finagling. The article needs to be digested paragraph by paragraph.

    Here's an exerpt:
    HUD failed to produce audited financial statements that year. Its opening balance from fiscal 1998 required undocumentable adjustments of $17 billion. To force the books to balance in 1999 required $59 billion in undocumentable adjustments. For its audit in 2000, Cuomo’s last year in office, HUD declined to make public the amount of undocumentable adjustments required to balance the books.

    HUD’s inability to produce audited financial statements in 1999 was attributed to HUDCAPS, a system installed and operated with the help of AMS, a contractor who had been paid $206 million since 1993. In contrast to Cuomo’s treatment of Hamilton, AMS was not fired, nor were payments due AMS withheld. Research to date shows no record of AMS or its employees being investigated as a result of the HUDCAPs failures and the extraordinary level of undocumentable adjustments to HUD’s books.

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