Quoted from Shadow

NYS should really vote for Cuomo because he did so well when he was directing HUD he will fit right in with the rest of the corrupt NYS crowd.

EXACTLY!!!! You can bet that it WILL become an issue before November! NYS does not need another CUOMO or another tax and spend DEMOCRAT!!!!!

Wait and see...it will be Cuomo and I can't wait!

What can't you wait for? When Cuomo is elected not one thing will change from what has been happening the past 3-4 years: RECORD spending, borrowing, waste and taxes!

Pataki started out conservative .. and then started spending like crazy.

I don't trust that Paladino will be any different than Pataki.

Quoted from DemocraticVoiceOfReason

Pataki started out conservative .. and then started spending like crazy.

I don't trust that Paladino will be any different than Pataki.

You are right about Pataki, yet as far as Paladino, we have nothing to lose by bringing in a hated outsider who is not part of the ruling political class of either party.

Quoted from GrahamBonnet

You are right about Pataki, yet as far as Paladino, we have nothing to lose by bringing in a hated outsider who is not part of the ruling political class of either party.

EXACTLY!!!!!
VOTE PALADINO!!!!
I'LL BRING THE BASEBALL BATS!!

Quoted from GrahamBonnet

You are right about Pataki, yet as far as Paladino, we have nothing to lose by bringing in a hated outsider who is not part of the ruling political class of either party.

I disagree ... I think he will turn the Capitol into more of a 3 Ring Circus than it already is.

Quoted from DemocraticVoiceOfReason

I disagree ... I think he will turn the Capitol into more of a 3 Ring Circus than it already is.

Like FDG and crew did on the rotterdam TB?
Now THAT'S a three ring circus!!!  

Quoted from bumblethru

Like FDG and crew did on the rotterdam TB?
Now THAT'S a three ring circus!!!  

The Constitution gives you the right to make stupid comments, and you sure do enjoy making
them.

It is a comment based solely on MY OPINION!!!!........K?

Quoted Text

An opinion may be the result of a person's perspective, understanding, particular feelings, beliefs, and desires.

http://en.wikipedia.org/wiki/Opinion

Larry, Moe, Curly, Shemp, and Nicki.

February 06, 2010

Andrew Cuomo Demonstrates The Liberal Way

The Wall Street Journal outlines New York Attorney General Andrew Cuomo's impact on the financial crisis through his role in the housing market bubble.  Remember, it was those mortgage backed securities, whose value had eroded in successive waves of foreclosures, that clogged the credit markets precipitating our unprecedented bailout mania.

HUD's Web visitors learn that in 1999 "Secretary Cuomo established new Affordable Housing Goals requiring Fannie Mae and Freddie Mac—two government sponsored enterprises involved in housing finance—to buy $2.4 trillion in mortgages in the next 10 years. This will mean new affordable housing for about 28.1 million low- and moderate-income families. The historic action raised the required percentage of mortgage loans for low- and moderate-income families that the companies must buy from the current 42 percent of their total purchases to a new high of 50 percent - a 19 percent increase—in the year 2001."

Fannie and Freddie's purchases of subprime loans skyrocketed. The problem wasn't merely that the Cuomo HUD was raising the volume of loans for which taxpayers would be on the hook. It was also encouraging a dangerous decline in underwriting standards at these government sponsored enterprises (GSEs). Says former Fannie Mae chief credit officer Edward Pinto, "HUD commissioned much research aimed at forcing the adoption of more flexible lending standards by the GSEs."

In 1999, the Urban Institute published a HUD-commissioned study of Fannie and Freddie's credit guidelines. Among its findings: "Almost all the informants said their opinion of the GSEs has changed for the better since both Fannie Mae and Freddie Mac made substantive alterations to their guidelines and developed new affordable loan products with more flexible underwriting guidelines."

Mr. Cuomo's drive to pump up the volume on taxpayer-backed mortgages didn't stop at Fannie and Freddie. In 2008, Wayne Barrett wrote in the leftist Village Voice about the changes Mr. Cuomo wrought at the Federal Housing Administration, encouraging bigger loans with smaller down payments.

Quoted from DemocraticVoiceOfReason

see .. statements like that undermine your argument that you are somehow more intelligent than
the rest of us

I'd bet on GB's intelligence level over yours any day of the week

Quoted from 147

I'd bet on GB's intelligence level over yours any day of the week

I don't need your validation to know how intelligent I am.