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SAFE Act Enforceable In ‘A Liberal’s Dream World’

January 19, 2014

I have followed with interest some of the letters referencing our local New York State elected officials(Young and Goodell)’ support for repealing the “SAFE Act....

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Psychofux

Feb-15-14 5:46 AM

formerlyphil- you started to find the root of the problem, but GW Bush put the nail in the coffin, here he is on You Tube, copy and paste to find the video of him saying it himself -Amercian Dream - Homeownership, then watch as President George W Bush announces White House programs to expand lending by GSEs (government-sponsored enterprises) - Fannie Mae and Freddie Mac by $440 billion per year. You see, the gramm-leach-bliley act did not cause the problem, it simply changed the regulation. To "cause" the problem, there needed to be one more key step in the whole equation, watch that video mentioned above to find out for yourself just what that last straw was.

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critix

Jan-28-14 8:07 AM

SAFE ACT = NAZI TRAIN LURE

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formerlyphil

Jan-27-14 9:28 AM

the gramm-leach-bliley act effectively repealed the glass-steagall act allowing banks to become "too big to fail."

who signed the g.l.b. act into law?

here we go into tangent land again.

anybody wanna get back to the safe act?

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formerlyphil

Jan-27-14 9:24 AM

"He turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down, and he legalized what a federal judge has branded "kickbacks" to brokers that have fueled the sale of overpriced and unsupportable loans."

i'm fairly certain that a federal judge is far more knowledgeable & insightful than we plebeians.

"to argue with a person who has renounced the use of reason is like administering medicine to the dead."--thomas paine.

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formerlyphil

Jan-27-14 9:18 AM

you can lead a horse's a s s to water but....you know the rest..

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formerlyphil

Jan-27-14 8:43 AM

yeah you're right pity. with the underlying difference being you cited an article from april of 2011 while i cited one from november of last year. "current" events.

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formerlyphil

Jan-27-14 8:42 AM

h t t p://w w w.nytimes.c o m/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.h t m l

here's an interesting article. take note of the day it was published.

an important excerpt: "In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's."

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formerlyphil

Jan-27-14 8:02 AM

"i have no idea where the "story"...came from."

of course you don't because you conduct no independent research. just keep regurgitating that spoon fed rhetoric. because it looks oh so good on you!

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formerlyphil

Jan-27-14 8:00 AM

thanks riderrr!! now do you happen to have a shovel so we can remove the sand & dig out our local ostrich so obviously blinded by party politics??

or else we could use said shovel for other purposes...

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carlaw

Jan-26-14 9:32 PM

Beginning of the end

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carlaw

Jan-26-14 9:31 PM

When Andrew Cuomo was in charge of HUD he started the policy of forcing banks to give mortgages to poor people who could not afford it. This was the beginning go the end and why everybody's house is worth crap now. They should put people in prison for ineptness of this magnitude. Yet the diehard Dems will defend cuomo and keep voting for him. Sad.

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formerlyphil

Jan-26-14 6:20 PM

h t t p://nypost.c o m/2011/08/03/ny-turns-into-flee-market/

actually a pretty good read...

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formerlyphil

Jan-26-14 6:19 PM

"For the second consecutive decade, New York led the nation in the percentage of residents leaving for other states, according to the report by the Empire Center for State Policy."--nytimes.

but this is "our fine state."

ha!

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formerlyphil

Jan-26-14 6:17 PM

& l m a o ..."our fine state..."

what office are you running for? or did you finally get the top of your snorkel above the sand line mr. ostrich?

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formerlyphil

Jan-26-14 6:16 PM

"I believe you've missed one very important point. That being that the majority of voters in our fine state disagree with you and your pals..."

vague rhetoric with no sustenance. how about something specific?...

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50s4ever

Jan-26-14 2:26 PM

Yeah. The homeland security guy says the illegals have earned their citizenship. They must be our replacements.

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50s4ever

Jan-26-14 7:22 AM

Things could be worse. And the will be.

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formerlyphil

Jan-25-14 8:33 PM

52 of this state's 62 counties have passed official resolutions in direct opposition of the safe act. some of the 52 counties in opposition have directed their law enforcement officials to not enforce the safe act within their jurisdictions.

unless you're a complete idiot it's pretty easy to see that the majority of new yorkers do not like the safe act.

once upon a time we used to be a country based on majority rule with minority rights.

not in fuhrer cuomo's new york!

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formerlyphil

Jan-25-14 6:30 PM

even governor william j. le petomane (paterson) was better than hud cuomo.

maybe nobody remembers that when pataki left office he gifted a 4+ bil "rainy day" fund to his successors.

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formerlyphil

Jan-25-14 6:21 PM

genius would you care to present any examples or corroborating evidence of how the 2 aforementioned heroes have improved nys?

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50s4ever

Jan-25-14 5:14 PM

Pit must be losing his touch loner. I figure he's trying hard to flush my posts. Makes him feel like a man!

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50s4ever

Jan-25-14 4:05 PM

My apologies for arguing with a total idiot. It went from safe act to gun nuts..easy transition to racism for pit.

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formerlyphil

Jan-25-14 3:14 PM

1 word: entitlements!

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formerlyphil

Jan-25-14 2:13 PM

i love how he feels right-to-life & pro assault weapon people are "extremists."

this a s s clown doesn't even understand what an assault weapon is.

& apparently people against abortion are extremists too.

another shining example of the liberal elitist hypocrisy. i thought the democrats hated stereotypes? lol.

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formerlyphil

Jan-25-14 1:48 PM

lol i hear that. but i'm just trying to figure out what this senseless act of idiocy has to do with nys's safe act & the subsequent enforcing of it...

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