Posted on 01/30/2015 9:01:53 AM PST by Oldpuppymax
Andrew Cuomo, who received $150,000 from developers looking to build out billionaire towers of new condos, was the biggest recipient of cash donations to his political pockets in Albany horse trading. (1) “Overall, …four companies gave more than $1.5 million to state elected officials, political parties, and real estate PACs between 2008 and 2012.” The question must be asked: Was an uncomfortable discussion of politically connected cash cows the real reason the Governor shut down his own, appointed group of state investigators called the Moreland Commission? As Sheldon Silver slides out of Albany this week, will Cuomo’s currency take a hit as well?
Two years ago the Cuomo, Silver, Albany group “‘quietly passed” huge tax breaks for a new, big bucks real estate expansion of luxury condo towers, real estate and commercial enterprises using the 421 passageway, even though New York’s homeless may never see any affordable housing. Yet very wealthy types and coincidentally, generous donors to important politicians, may get subsidies they don’t actually need. The program, originally touted as a vehicle to require developers to set aside 20% of their new units for “affordable” housing for NY needy, is now said to have “outlived its usefulness and effectiveness, and essentially subsidizes luxury housing.” (2) The staid WALL STREET JOURNAL is asking its own questions about the abruptly disbanded Moreland Commission: “Did Cuomo and/or his staff direct the Moreland Commission to not refer cases to the district attorney...
(Excerpt) Read more at coachisright.com ...
NO WAY OUT
Now the Demorats in Albany are going after the Republican legislature members there to accuse them of the same crap, coz the Demorats are in a panic and can`t find the rusty chain to get off their sinking rotten garbage barge.
Just some more compassionate democrats who care about the poor and downtrodden.
By the way wasn’t hillary Senator from New York? Hmmm,maybe her donors should be looked at
My money’s on Cuomo riding this out but kissing any bigger or national ambitions good-bye.
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