BREAK TRANSCRIPTRUSH: I'm going to show you the shower ad, for those of you watching on the Dittocam. I'm gonna zoom in here. This is a flyer ad. Carl Paladino's campaign is sending this flyer to its e-mail lists and encouraging Tea Party supporters to print it out. It's title is: "Clean up Albany?" and it's a filthy Andrew Cuomo in the shower. I'm zooming in now for those of you on the Dittocam to be able to see it. Cuomo is wearing a gold chain, and they're upset. They think it's an Italian stereotype to put Andrew Cuomo in a gold chain. I mean this is hilarious. This is the Carl Paladino flyer. They're urging the Tea Party people to print this out and pass it around all over the place. "Clean up Albany? Start with Cuomo." We have a couple of Cuomo sound bites, by the way, April 3rd, 1998, Department of Housing and Urban Development, Cuomo held a press conference about discrimination in public housing. CUOMO: Discrimination isn't always that obvious, sometimes more subtle but in many ways more insidious, an institutionalized discrimination that's hidden behind a smiling face. Housing agents who say, "Well, there are no vacancies right now," that you just didn't qualify for the mortgage because your financial credit history wasn't good enough. About 15,000 families we estimate will get mortgages who would not have gotten mortgages otherwise. But aggressively to take a greater risk on these mortgages, yes, to give families mortgages who they would not have given otherwise? Yes.RUSH: All right, here's the guy, here's Andrew Cuomo responsible in part as HUD director for the subprime mortgage crisis. Carl Paladino pointing it out and they're calling Carl Paladino a dirty campaigner. Here's more from Andrew Cuomo, April 3rd, 1988.CUOMO: It is by income, and is it also by minorities? Yes. With the $2.1 billion lending that amount in mortgages, which will be a higher risk, and I'm sure there will be a higher default rate on those mortgages than on the rest of the portfolio. That is the remedy that we sought and the remedy that I would prefer, 15,000 families. This is of a scope so beyond anything that we've really done in the past.RUSH: I've always thought Andrew Cuomo sounded like his dad, Mario, but he sounds like Barney Frank to me. But anyway, yes, it's by income, it's by minorities, $2.1 billion lending that amount in mortgages. Higher risk, I'm sure there will be some higher default rates. Oh, yeah, he knew it. This was affordable housing. This is why we're where we are. It's not unfunded wars. It's not unfunded tax cuts. This, folks, the subprime mortgage mess, that's why we're where we are, and the guy running for governor of New York, Andrew Cuomo, is at the center of it all. Carl Paladino, most Republicans wouldn't have the guts to point it out. He does. Most Republicans pussyfoot around all this stuff. Paladino's aiming at it.BREAK TRANSCRIPTRUSH: I just remembered this. McCain said during the campaign that he was gonna put Andrew Cuomo at the SEC if he was elected president. We were apoplectic about this. I remember this. He floated that idea right after he picked Palin and everybody said, "Oh, no, Andrew Cuomo at the SEC?" This was McCain reaching across the aisle. |
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