tag:blogger.com,1999:blog-9430835.post5936251115135613011..comments2024-03-27T18:24:19.683-07:00Comments on Steve Sailer: iSteve: HUD Secretary Shaun DonovanUnknownnoreply@blogger.comBlogger15125tag:blogger.com,1999:blog-9430835.post-49814941149916972282009-03-17T12:39:00.000-07:002009-03-17T12:39:00.000-07:00Seems like pretty much the same old shakedown rack...Seems like pretty much the same old shakedown racket to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-53522617172688228802009-03-16T19:04:00.000-07:002009-03-16T19:04:00.000-07:00From the link supplied by dhulq:Governor David A. ...From the <A HREF="http://www.ny.gov/governor/press/press_0805081.html" REL="nofollow">link</A> supplied by dhulq:<BR/><BR/><BR/><I>Governor David A. Paterson today signed into law a critical subprime lending reform bill which directly addresses the mortgage crisis in New York State. The Governor signed the bill in <B>Queens</B>, one of the areas in New York that has been hit hardest by the foreclosure crisis.</I><BR/><BR/>Wow, what is so special about Quenns? Well, from <A HREF="http://en.wikipedia.org/wiki/Queens#Demographics" REL="nofollow">wikipedia</A>:<BR/><BR/><I>48.3% of the population were foreign born (another 1.9% were born in Puerto Rico, U.S. Island areas, or abroad to American parents), 54.5% spoke a language other than English at home...</I><BR/><BR/>It looks like we found another Sand State! There is no way Wall Street can claim to have been ignorant of what immigration does to an area and its mortgages when they live right by a county with such high immigration. In fact, there is so much immigration in the NY metro area that WS has to be willfully blind or evil to have missed this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-88325904331084936442009-03-16T16:32:00.000-07:002009-03-16T16:32:00.000-07:00"Racket" is teh right word for HUD. Check out som..."Racket" is teh right word for HUD. Check out some of the writings of Catherine Austin Fitts.<BR/><BR/><I>I met with a senior staff assistant to the Chairman of one of the appropriations committees for HUD. When I asked what was going on at HUD, the staff assistant said, "HUD is being run as a criminal enterprise."</I><BR/><BR/>Anyone who reads her writings about HUD and still thinks that government programs are essentially beneficial and well-intentioned and only require an "honest administration" to straighten them out, needs their head examined.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-2028859169648838482009-03-16T04:18:00.000-07:002009-03-16T04:18:00.000-07:00Steve, check your facts!Steve, you call yourself a...<I>Steve, check your facts!</I><BR/><BR/><I>Steve, you call yourself a journalist. Before making accusations, why not get off your duff and investigate whether Donovan gave affordable units to pressure group members? Then you might actually have a real story.</I><BR/><BR/><BR/>Considering how corrupt the O admin is, Steve can just say something remotely pointing in the right direction and be on target more than 2/3 of the time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-52332180419222487342009-03-16T04:15:00.000-07:002009-03-16T04:15:00.000-07:00"improving our entire communities."He could start ...<I>"improving our entire communities."</I><BR/><BR/>He could start by implementing some grammar classes first.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-33634479640521201342009-03-15T16:23:00.000-07:002009-03-15T16:23:00.000-07:00Smart people are sometimes worse than anyone else ...<I>Smart people are sometimes worse than anyone else about oversimplifying human affairs like this.</I><BR/><BR/>Jesus yes. The urge to have Unified Theories of Everything is strong, overwhelming in many. Maybe smart people just have a weaker opposing "I'm not that bright so maybe I should STFU" instinct.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-4233964234345120822009-03-15T16:13:00.000-07:002009-03-15T16:13:00.000-07:00Steve, you call yourself a journalist. Before mak...Steve, you call yourself a journalist. Before making accusations, why not get off your duff and investigate whether Donovan gave affordable units to pressure group members? Then you might actually have a real story. It shouldn't be that hard to see who is entering and leaving the buildings.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-24619381717097295522009-03-15T16:11:00.000-07:002009-03-15T16:11:00.000-07:00Steve, check your facts!Shaun does not, nor ever h...Steve, check your facts!<BR/><BR/>Shaun does not, nor ever had, red hair.<BR/><BR/>Clearly. the rest of your commentary is as ill-informed. He is sincerely dedicated to improving our entire communities.<BR/><BR/>Truth TellerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-50438320625813996022009-03-15T15:49:00.000-07:002009-03-15T15:49:00.000-07:00The bottom line:Though he succeeded in saving thou...The bottom line:<BR/><BR/><I>Though he succeeded in saving thousands of state- and federally subsidized apartments, Donovan could not stanch the hemorrhage of low-cost housing. The state Mitchell-Lama subsidy program went from 53,016 apartments in 2004 to 36,961 in 2008, according to the Community Service Society. Federal subsidy programs, including Section 8, covered 48,036 apartments in 2004 and 46,297 by 2008.<BR/><BR/>At the same time, rent controls had been loosened in the 1990s to bring vacant apartments out of regulation and into the market. As a result, from 2002 to 2008, the number of New York City apartments renting for less than $1,000 per month fell by an estimated 194,000, shrinking from 64 percent of the city's housing to 53 percent, according to Lander, the community development advocate.</I><BR/><BR/>Donovan didn't matter.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-75225211605929708672009-03-15T11:48:00.000-07:002009-03-15T11:48:00.000-07:00"The newspaper descriptions are eye-glazing, but a..."The newspaper descriptions are eye-glazing, but a lot of people do very well for themselves mastering the bureaucratic arcana of some seemingly boring topic."<BR/><BR/>Well said. Funny how that applies to a lot of modern-day "democracies". Liberal Democracy must be one of the poorest forms of government around.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-66172450453976264432009-03-15T11:40:00.000-07:002009-03-15T11:40:00.000-07:00The funding of the left is a story that seems susp...The funding of the left is a story that seems suspiciously unremarked upon. Even an average size metropolitan area will have literally dozens, if not hundreds, of left-wing organizations with at least one paid, full-time staff member. They are all, of course, officially "non-partisan," and, I suspect, tax exempt. From whence does this money come?<BR/><BR/>Take the fight over Prop 8 in California. The left has called for the elimination of the Mormon Church's tax exempt status over it's leadership in the pro-8 fight, even though the Church itself spent less than $200,000 of its own money on the matter.<BR/><BR/>In contrast, they never call for eliminating that tax exemption of churches who advocate on behalf of, say, amnesty.<BR/><BR/>The left also gets a huge amount of funding from tax exempt foundations, such as the <A HREF="http://www.haasjr.org/" REL="nofollow">Evelyn and Walter Haas, Jr. Fund</A>, a $423 million fund (tax exempt, I presume?) which spends large sums of money fighting for immigrant and homosexual causes.<BR/><BR/><I>"Over the past five years (2004-08), the Fund has made grants totaling nearly $29 million in the area of gay and lesbian rights."</I><BR/><BR/>All taxes fully paid, right?<BR/><BR/>And the Haas Fund is a bit player compared to the $13.7 billion Ford Foundation, which makes over $530 million in grants each year, often to the left.<BR/><BR/>Leftists move with ease between openly political organizations and these tax exempt, "non-partisan charities."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-47692166546751205452009-03-15T09:13:00.000-07:002009-03-15T09:13:00.000-07:00It's so much easier to think in terms of "Two Oppo...It's so much easier to think in terms of "Two Opposing Sides," though! <BR/><BR/>Stop mucking up people's ideological superstructures with squishy, squirmy, lumpy reality! <BR/><BR/>For serious, though, hardly <I>anybody</I> thinks in terms of multiple competing, colluding interests with various levels of motivation and organization. <BR/><BR/>Smart people are sometimes worse than anyone else about oversimplifying human affairs like this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-40280286548171422092009-03-15T08:54:00.000-07:002009-03-15T08:54:00.000-07:00the business of setting up leftwing pressure group...<I> the business of setting up leftwing pressure groups that make their living by reaching mutually profitable agreements with regulated businesses so that the business can do what it wants. </I><BR/><BR/>This is a very important phenomenon. It is the return of tithing with the modern church being the Progressives rather than the Christians. <BR/><BR/>The various Progressive denominations (pressure groups) can muster men, press, and moralistic firepower against any servant of "Mammon". Look at how Starbucks talks about how left wing and noble they are. Look at how the auto companies and energy companies are now making noises about green-ness and global warming. <BR/><BR/>Even though they're darlings of the left, look at how Apple and Google jumped when they were recently attacked by environmentalists (Greenpeace hit Apple a few years ago, and there was that silly article about each search taking a tea kettle's worth of energy). <BR/><BR/>The bottom line here is that the progressives, the professors, and the press (but I repeat myself) can hold the threat of a powerful negative advertising campaign over the head of any businessman.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-73770042478754026822009-03-15T08:40:00.000-07:002009-03-15T08:40:00.000-07:00HUD already existed at a cabinet level, so what wa...HUD already existed at a cabinet level, so what was the point of obama creating the office of urban affairs?<BR/><BR/>OK, we all really know the point was to make government bigger and more intrusive, and to establish yet another avenue to shake down european americans with the power of the federal government.<BR/><BR/>but won't HUD and UA get into fights over jurisdiction? aren't they headed for conflict over who gets to extort the whites in city locations x, y, and z?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9430835.post-88400544808811982772009-03-15T08:13:00.000-07:002009-03-15T08:13:00.000-07:00I was out of work for many months, starting last s...I was out of work for many months, starting last summer, until last a few weeks ago, when a law firm in Western New York with booming business hired me among others as part of an aggressive expansion.<BR/><BR/>This firm specializes in assisting banks with foreclosing on properties across New York state. Now I haven't been there long, but I know they don't do work in the sand states, and I know that NYC is where much of the action takes place.<BR/><BR/>Combining these factors (hiring; sights on NYC) suggests that people who stand to make a profit on this expect things to continue to move south.<BR/><BR/>There's also this, which has slowed down foreclosures but ultimately won't prevent most, I believe:<BR/><BR/>http://www.ny.gov/governor/press/press_0805081.html<BR/><BR/>Banks or their agents in New York have to alert property owners 90 days in advance of commencing foreclosure proceedings is the upshot. This passed in August, but the firm's been hiring for months now, so it doesn't seem like the bill's had much long-term impact on stymieing foreclosures.Anonymousnoreply@blogger.com