Consumer protection agency will fail

let's knock over some fire hydrants. some of us can do it for sheer fun, some for p&v, others in protest of an unwieldy gov't.

"She was hot, hot, hot..." ("She Was Hot", The Stones )

The guys in the projects are always knocking over and turning on the fire hydrants. Time to call in the housing police.

grow a sense of humor rs. really. and preferably not related to puppets on you-tube.

i haven't spent much time in the projects, i wouldn't know.

RS posts quotes from interesting articles and includes the links, and ar calls him a liar.

Did you guys see the size of that whale?!!

And, that giant jellyfish?!!!

grow a sense of humor

--missed how referring to Republicans and Libertarians as Vigilantes was funny.
Go back to your brick project

aboutready How is your check list going? Just don't nag the hubby too much. He needs his energy for suing.

sorry rs, i'm upstate in my center hall colonial built in 1800. it's nice to spend far less than 10% of one's take home pay on the primary residence. frees one's money up for so many other things.

fine, you want to say that the residents of the 11,000 apartments live in a project, go ahead. it won't make it accurate, and it just makes you sound like a fool, but feel free to continue.

and yes, do grow a sense of humor.

i'm upstate in my center hall colonial built in 1800

Ah the life of a champagne socialist.

you're so repetitive. i wonder the political leanings of those who live on rsb. tool.

yes, i'm so champagne socialist that according to you i live in the projects. try to find some consistency, rs.

It worked for Charlie Rangel.

AR- tell that to the people who left the apartment you currently live in when it was destabilized, and they couldn't afford the rent increase. And who are NOT enjoying the $2,000 rent rollback that you currently do.

Why is aboutready always bragging? Italy, house upstate, vacations, husband big lieyer, very insecure to me!!

boy, Rangel is lookin old. I almost feel sorry for him. almost. But, seriously, it's sad to see this old man fall, yes, due to his own corruption, but, it's still sad. Did ya see him yelling at Russert's kid, who's now a reporter? Sad. But, I'm happy he's about bye-bye.

A.R. is the poster child for all that is wrong with rent stabilization. The advocates claim it helps those in need but the reality is very different. Lots of people benefiting who should not.

Where is alanhart jumping in to protect you? Oh,maybe he is at the soup kitchen, helping out today. Have to give back to society, ya know.

Oh, but, Rangel's's running for re-election now!!!!!!!! Oh cheez, and irony & agony!!!!

I think Charlie Rangel is nice man who stood for some good things and then corrupted himself.

ph41, my apartment did not become destabilized because the rent hit a certain amount. it was vacated, renovated, and then destabilized under the luxury destabilization laws. but nice try.

rs, you are very well aware that i moved into a market rate rental. the court later ruled that my rent was too high. so, you think i ought to move so that someone else can have my apartment for my rent + the 25% vacancy allowance?

i have never said i "deserve" rs. my situation was a fluke. but there is little to no guarantee that someone with limited or moderate income would replace me.

I'm waiting for A.R. justifying her accepting rent stabilized hand-outs by pointing to 421-A tax abatement, deduction of real estate taxes and mortgage interest deduction.

Rangel! What is the title of his book?(that somebody else wrote) Ah, now i remember. "I never had a bad day" Can you imagine he writes the tax laws for the United States of America? Jefferson would commit suicide in 1 minute.

"Can you imagine he writes the tax laws for the United States of America? Jefferson would commit suicide in 1 minute."

Yeah, uch, bluch. Bye charlie & his whole friggin' contingent.

well, rs, i do itemize and i do have a mortgage, and i do pay real estate taxes (none of which i think i deserve, btw, but i'm going to continue as long as the powers that be tell me i can). i do not, however, receive a 421-A abatement.

rs handouts? i'm staying in my home because i wish to. i was here for five years before it reverted to rs. i'm not going to leave just because TS got bitch slapped by the court, so that someone else can get my apartment. the apartments have no income limits for anyone applying. quit grasping at insults.

i meant i don't deserve to itemize. i'm fully prepared to pay taxes for a school district i do not use.

Actually you are no different than most in society, looking out for themselves. So nobody can really fault you. Just be honest about it.

Clayton Powell IV is running ag Rangel. Another Clayton Powell? Man, can we get some new blood? NYC machine politics as usual.

interesting: http://urbanelephants.com/index.php/component/content/article/64/2822.html

rs, when have i ever not been honest about it? i have always said it was just being in the right place at the right time, and luck.

I actually feel bad for Rangel. He could have avoided all this by giving up his apartment, buying a condo and paying back taxes. He was established enough that he would have survived. Done in by hubris.

rs, when have i ever not been honest about it? i have always said it was just being in the right place at the right time, and luck.

comes off as bragging. that's just my opinion. you can ask others.

oh please. i rented an apartment i didn't like, grew to like it, and my rent was lowered. of course i'm happy my rent was lowered. get over yourself.

If everything went perfectly in November, what changes would you expect to see?

so first i'm not honest. but, no, that's not true. so let's try a braggart. just keep changing your story, rs.

http://www.bloomberg.com/news/2010-07-23/california-city-manager-earning-800-000-quits-amid-disclosure-questions.html

This is obama's America. Unions, "public servants" Government. We need a blue ribbion commision to adaress the problem We need more government to solve the problem.

Riversider didn't say ar was doing something wrong, he made a truthful statement that ar typifies what is wrong with the whole rent stabilization system.

Not sure what you mean by perfect, because I don't see perfect candidates challenging established ones. Things are so bad between Democrats and Republicans a stale-mate might be he best answer which forces them to work together and limits one's ability to punish the others benefactors. I'd like to see a few more Libertarians, assuming they were qualified and not lacking in other respects.

"and i do pay real estate taxes (none of which i think i deserve, btw"

interesting, you don't deserve to pay real estate taxes?
Why is that?

s, when have i ever not been honest about it? i have always said it was just being in the right place at the right time,

So you agree if the system was doing what was intended you would not have your apartment... Right?

hey riversider, her husband is a lawyer. what do you expect?

aboutready also wants treble money damages because she lucked into a formerly rent controlled apartment.

AR - right, you moved in, paying destablized rent of about $2,500 which eventually went to what? $4,500/$4,600, which at the time you boasted was less than 20% of your husband's earnings. If your rent had continued to go up in the normal, destabilized, fashion, you might very wall be rethinking where you would rent now.

And all I am saying is that the previous tenants might very well have stayed in place had they known that their rent would stay at the $2,500 which you first paid.. How about looking up the previous tenants via the RS board, and sharing the windfall with them?

Sounds like an unfortunate situation ph41. Clearly aboutready should be rewarded with treble monetary damages.

And right, there are no income limits for anyone applying, but anyone applying now for a 2BR/2BTH will be paying in excess of $4,000/mo.

ph41. There are many people who would do exactly that. It's like finding a wallet on the street with hundred dollar bills and not looking for the rightful owner. We all know what's right, not everyone does it. I just think its a little worse to then go around saying how much you are about the person who lost his wallet..or the poor.

And according to CCCharley, about $2,600 for a one bedroom

left out. how much you care about the person who lost the wallet...

typing too fast...

And according to CCCharley, about $2,600 for a one bedroom

This is why we need term limits. The framers thought our represtatives should be part time people who wanted to contribute. Either way , the current situation does not work. We need good people to step up, serve for a term or two and move on.

Charlie Rangel is what happens when people stay too long.

as the system currently exists my apartment would have been destabilized. but for the fact that the landlord was receiving tax breaks when it destabilized it. so i guess it depends on what you mean by the system.

ph41, the previous tenants died. lots of old people around here. and yes, some people who moved out got screwed. sadly, the system frequently isn't just. i continually reconsider where i want to live. i doubt the $2000 would have been enough to make me move, as i was at around market for a renovated 2/2, and i like the location, and i had been paying that amount without any desire to move. but who knows?

how am i in any way culpable for the losses of any prior renters? TS and MetLife are the ones who started illegally destabilizing.

brilliant analysis, ph41. simply brilliant.

rs, i'm supposed to pay people because TS fucked people over? how socialistic of you.

So you don't want to pay but you want to get paid?

http://www.nytimes.com/2010/07/25/business/25gret.html?ref=business

Investors can be reasonably expected to trust these numbers.. Why are the persons involved getting off while the stock holders pay the fine. People should be barred from the securities industry. Stronger measures are required.
----------------------------------------------------------------------------------------------

“WHAT did they know, and when did they know it?” Those are questions investigators invariably ask when trying to determine who’s responsible for an offense or a misdeed.

As investigators delve deeper into the mortgage mess, they are finding in too many cases that Wall Street firms did nothing when they learned about problem loans or improprieties in lending. Rather than stopping practices of profligate originators like New Century, Fremont and Ameriquest, Wall Street financiers, which held the purse strings for these companies, apparently decided to simply look the other way.

Recent cases have provided glimpses of this conduct. Last week, the Financial Industry Regulatory Authority accused Deutsche Bank Securities, a unit of the huge German bank, of misleading investors about how many delinquent loans went into six mortgage securities worth $2.2 billion that the firm underwrote. Deutsche Bank underreported the delinquency rates among loans when it created the securities in 2006, Finra contends, and then sold them to investors.

Deutsche Bank also understated historical delinquency rates in 16 subprime securities it packaged in 2007, Finra said. Even after it discovered the errors, the authority added, Deutsche Bank continued to report the misstated figures on its Web site, where investors checked the performance of past mortgage pools.

Deutsche Bank settled without admitting or denying the allegations; it paid $7.5 million. The firm said Friday that it had cooperated and was pleased to have the matter behind it.

Don't you just love all the hypocrites on the left? it truly makes you sick.

hypocrites?

you mean like someone who keeps telling you about her mother dying to evoke sympathy and prevent criticism

but then her husband's father dies and she continues out on vacation in Rome?

s the system currently exists my apartment would have been destabilized. but for the fact that the landlord was receiving tax breaks when it destabilized it. so i guess it depends on what you mean by the system.

You are intelligent enough to realize that the apartments were intended for persons of a certain income bracket.

"You are intelligent enough to realize that the apartments were intended for persons of a certain income bracket."

All that is noise. Everything pales in comparison to how she treated her husband recently when his father died. That level of behavior is recognized by all classes, all politics, all education levels as LOW.

I missed that. Can you recap? This is so much like the truman show.

well, here is how it works.

Barney Frank just redefines the terms...

deceptive mortgages = mortgages you are told you actually have to pay back.

barney frank doesn't want any of those!

actually, no they weren't. they were intended for returning war vets. i don't believe income was considered.

if the war vet was a doctor and able to make a boat load in private practice he was welcome here. i know plenty of families that have lived here forever, and have never been of modest means.

Well Barney Frank should read alice in wonderland,

"a word means exactly what i want it to.. nothing more nothing less" i am paraphrasing....

Frank, reid, pelosi, dodd are next on my list. They gotta go.

as for rs in general, it began as a response to huge price increases, and then was expanded in a response to gouging by landlords. it did not have an income element until fairly recently.

If it was intended for war vets, then the program should be ended since that time has long passed, if it has morphed into something for low and moderate income families , then were back to my original point , that if the system was functioning as it should, you would not have the apartment.

" it did not have an income element until fairly recently.

But you don't have an income because you don't have a job. So this should benefit you, right? Plus you deserve extra treble monetary damages, right?

voting out frank, reid, pelosi, dodd, rangel: gives me a tingle down my leg

as for rs in general, it began as a response to huge price increases, and then was expanded in a response to gouging by landlords. it did not have an income element until fairly recently.

So we price control some apartments and not others? Who are we protecting Doctors and Lawyers? Why is it OK to limit the profits of some land-lords and not others? Basic economics means that the people who don't have rent rent stabilized/controlled apartments pay more than they would have had no apartments been protected.

And we are stabilizing rent on some , but not others without regard to need.

Wow government really works!

rs, tell that to albany. the system is defined by its regulations and laws. acording to the system, my apartment should be rs.

speaking of disingenuous. rs, you've read the many threads on this issue.

as i just wrote, tell it to albany. i didn't write the regs.

"They can be expected to sue the servicers for not living up to contractual obligations, as specified in the agreements. They might even win."

Is this coming from the guy who opposes the healthcare bill since it lacks tort reform?

s, tell that to albany. the system is defined by its regulations and laws. acording to the system, my apartment should be rs.

You realize how that comes off.. You cannot even admit the system is helping people not in need. How is this good government? Instead of saying "Blame Albany", just admit you are benefiting from an apartment that you don't need and you could get along just fine without it.

Your sense of entitlement should make any honest liberal question if the system really works.

Is this coming from the guy who opposes the healthcare bill since it lacks tort reform?

Nobody is talking punitive damages.

oh em gee. where in the hell do you get entitlement from that? i have an apartment. i receive a rent bill and i pay it. my rent bill is directly influenced by the fact that the court ruled that my apartment is rs. you don't like that my apartment is rs, i get that. but what exactly do you propose i should do? should i beg for forgiveness because i happened to live in an apartment that was affected by the court ruling? should i be writing letters to albany asking to have my rent increased?

i get that you don't care for me or my politics, but this is a bit over the top. nothing i could say or do would please you. such an amazing effort to prove that i'm in the wrong about something i had zero say in.

Well AR, at the very least you might have the humility (or smarts) to stop boasting about the $25,000 you're saving in rent (through a court ruling that was undeservedly in your favor) and spending on other things, like country houses and weeks in Europe.

No, I can respect people with a liberal point of view. I don't usually agree with them, but that's another story.

I most dislike the bullying, foul language and what comes across as hypocrisy. The hypocrisy stems from your talking about benefiting from Stuyvesant town rent stabilization and your husband's income way too often.

Many comedians feel that if you can't tell a joke without cursing then you aren't a comedian. You should be able to communicate your point of view without resorting to "TURD" and "FUCKTARD" every third post. And these aren't even real words....

why, ph41? really.

i'm continually ridiculed for living in the "project." i'm merely pointing out the benefit to same. and i think more people should think about disposable income levels when they consider purchasing OR renting. why pay for something that keeps you house rich and life poor? if that doesn't have direct bearing on the issues discussed here, i don't know what does.

oh, and the irony, the irony. this coming from you is a bit rich.

"oh em gee. where in the hell do you get entitlement from that? i have an apartment. i receive a rent bill and i pay it. my rent bill is directly influenced by the fact that the court ruled that my apartment is rs. you don't like that my apartment is rs, i get that. but what exactly do you propose i should do? should i beg for forgiveness because i happened to live in an apartment that was affected by the court ruling? should i be writing letters to albany asking to have my rent increased?"

Explain why you then think you deserve treble monetary damages from your landlord?

explain why you have hundreds of different names.

so, rs, if you don't like someone's language it's fine to misrepresent their beliefs?

my income is relevant only insofar as it reflects a housing choice. i don't care in the slightest what someone makes. in the past, we were priced out. now we're not and i still elect to rent.

your continually calling my home a project leads to my discussing the benefits of living there. and pointing out that it's an option, not a burden.

If I understand the situation from memory the Rent stabilization was in exchange for tax breaks at the city and/or state level, so this really hurts the city and is one reason why we may all start paying a garbage collection fee. At least with a 421-A, the city collects a hefty mortgage recording tax and low income housing gets created.

Of course I'm fine with ending all the tax credits and deductions and going toward a flat tax.

aboutready, do you want your money back?

AR - you really just went off on a tangent that had nothing to do with my comment.

You had PLANNED to spend $4,500. Your spending substantially less than that is NOT a result of YOUR planning, just a result of pure luck.

And if your rent were now $4,500 and rising, you might very well be thinking about moving from what you call the "project" . But now that it is RS, you, as so many others, will stay in the RS apartment even if, or when, you no longer really like where you live.

come on pent house lady....fess up...you've been rejected once too many times and you're pissed.

Aboutready should probably get her money back.

reading comprehension issues, ph41? i love where i live. i didn't when i first moved there, but now that we spend most of our time in the east village i adore it.

The liberals want everyone else to pay their' fair share and have shared sacrifice'. obama's poker buddy said "obama is a socialist with other people's money".I really hate the collective mentality. Al Gore wants you to walk instead of driving, but he jets around in his private plane. They are disgraceful.

The system is broke and abused. Nobody is telling A.R. to move, but I must imagine there are people who could benefit from such housing who might resent that it is going to non-need based recipients. I imagine some residents of Peter Cooper may have similar feelings.

This is why I I'm against rent stabilization, but if society does deem it necessary, it should not be attached to he property but the recipient who must prove and reprove the need each and every year.

and yes, it was luck. and no, i probably wouldn't have been moving. my rent had been around that for two years.

as you might recall, i made improvements to the apartment well before the court case. it's my home, despite your inability to get that fact.

it's my home

No it is not, you rent it.

She wants her money back, plus damages

down with collectivism
up with individual rights

vote the commies out this November

Individual rights, does that mean that if your husband's father dies, you don't have to support your husband?

Dwell, you bring up a good point. Obama is not about undoing Bush jr. It is the liberal attempt to undo Ronald Reagan.

I don't know, ulster, but what I do know is this:

vote the commies out this November

there are no guarantees for most owners, either, rs. if you have a mortgage you don't own your home. if you have unpaid cc's or taxes you can lose it also.

yes, it's my home for as long as the landlord sees it fit to offer me a lease (likely forever) and i see it fit to keep paying the rental amount. i've already lived here longer than most people do who buy.

that's a really insulting attitude, rs. condescending. makes me think you view owners as somehow superior.

aboutready You are full of contradictions. That's why you suffer so much. Hypocrisy is bad for the soul;you have many philisophical issues to resolve. Start by reading The Fountainhead.

Absolutely, River. That's why dear leader signed the financial reform bill in the Regan building. Get it?

too much politics.

We need family values. Support your husband if his father dies. Don't stay on vacation.

the commies?

dnfcc

there are no guarantees for most owners, either, rs. if you have a mortgage you don't own your home. if you have unpaid cc's or taxes you can lose it also.

You own your home subject to a lien..

hat's a really insulting attitude, rs. condescending. makes me think you view owners as somehow superior.

Superior? If you mean as a better person..then definitely not. If you mean with regards to property and rights with
regards to, the yes. A renter by definition has inferior rights to the owner. Their rights are via a
lease and are more of a limited use agreement. An owner has more rights to alter the real estate and
is entitled to the property indefinitely as long as no unsatisfied liens occur.

Aboutready was on vacation in Rome with her husband. It was the 6th or 7th week of vacation this year. At least this time she was saavy enough not to spend most of the vacation on streeteasy, like her vacation from two months ago.

Anyway, the husband's father dies. He flies home. She stays in Rome.

That is low. Not surprisingly, even columbiacounty winces when he defends her.