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Monday, May 12, 2008

Saint Paul/ City threatened owner to repair this building or they would demolish it.

932 Desoto
How bout it folks, does this home look like it should be torn down?

22 Comments:

Anonymous Anonymous said...

This looks better than the last one you posted. What the hell is going on? If this isn't good enough what is?

12:23 AM  
Anonymous Anonymous said...

A lot of the landlords have out large mortgages on their buildings in the anticipation that the city will come after them because the neighbors don't like thier tenants. If it's too much to fix it they walk and let it go into forclosure. So just go on ahead and condemn them all Magner and see what happens!

4:11 AM  
Anonymous Jeff Matiatos said...

Why if the banks really own these homes, do the banks really just sit by and let the city demolish them ?

You would think the banks ownership in these propereties would cause them to fight the city to protect their financial investment when the city threatens to tear them down.

How many banks that really own the properties defend the landlord threatened with condemnation and serious abatement ?

It would be in the banks best interest to defend the landlord because both landlord and bank have a contract.

Why don't the banks fight condemnation with the landlords ?

Because the banking scandles ( clinton administration)in the 90s have taught that the Federal Government will come to the rescue.

The cities know this so the city just tears them down.

Its a win win for banks and the city.


























The banks are just as guilty, and they do not take care of the properties so the city is stuck with unkept properties disguised as abandoned homes of landlords that do not exists.

We can all agree that there are some landlords that abandoned their financial investment in tghe home when they walked away.

We can also agree that some banks made bad loans.

We can also agree that St.Paul code and city council has a master plan to restructre the city demographics of population and

6:37 AM  
Anonymous Jeff Matiatos said...

.......... and through this plight of landlord and banker, we the public end up paying the price.

Are the banks doing enough to prevent condemnation because they have the last word before the city
swings the ball into action (wrecking).





Jeff Matiatos

6:53 AM  
Anonymous Anonymous said...

Because the banking scandles ( clinton administration)in the 90s have taught that the Federal Government will come to the rescue.

WHAT????

The saving and loan bail out came under King George the first. That was a Bush baby.

8:19 AM  
Anonymous Jeff matiatos said...

Thanks for correcting me 8:19, I was thinking about white water and the Clintons.

Another reason not to vote for Hillary but for Obama.



Jeff Matiatos

8:42 AM  
Anonymous Anonymous said...

The S & L problem that came under Bush was a result of Congress paasing a law that said rental property owners who had another job couldn't write off any loses on the rental business against their taxes like every other business could. At the same time they took away the deductibility of interest on consumer loans. The result was that investment properties value went to zero overnight. Way back then just like now days, the governemnt had a direct hand in the problem. They wouldn't admit it then and they won't admit it now.

11:10 AM  
Anonymous Anonymous said...

Whitewater was a whitewash, nothing there but a failed land deal. NOBODY made out with anything on it. It was an openway to Monica Lewinsky you can tell me how and investigation into a land deal became a story about a blowjob).
Whitewater Timeline
Whitewater Defined

Here are some facts on the S&L scandal of the eighties which we are still paying for.

* The Savings and Loan scandal is the largest theft in the history of the world.
* Deregulation eased restrictions so much that S&L owners could lend themselves money.
* The Garn Institute of Finance, named after Senator Jake Garn, co-authored the deregulation of the industry and received $2.2 million from industry executives.
* Neil Bush, George Bush's son, never servered time in jail for his part in running an S&L into the ground.
* Represenative Fernard St. Germain, who was head of the House of Representatives banking, co-authored the deregulation and was voted out of office after other questionable dealings and was sent back to D.C. as an S&L lobbiest.
* Charles Keating, when asked if massive lobbying efforts had influenced the government officials, he replies "I certainly hope so."
* The rip-off began in 1980 when the government raised the federal insurance on S&L's from $40,000 to $100,000 even though the typical savings account was only around $6000.
* Some of the seized assets were a buffalo sperm bank, a racehorse with syphilis, and a kitty litter mine.
* James Fail invested $1000 of his own money to purchase 15 failing S&L's. The government reimbursed him $1.85 billion in federal subsidies.
* It sometimes took over 7 years to close failing S&L's by the government.
* When S&L owners who stole millions went to jail, their sentances were typically one-fifth that of the average bank robber.
* The goverment bail out will cost the taxpayers around $1.4 trillion dollars when it is over.
* If the White House had stepped in and bailed out the S&L's in 1986 instead of delaying until after the 1988 elections, the cost might have been only $20 billion.
* With the money lost from the S&L scandals, the government could have provided prenatal care for every American child for the next 2,300 years.
* With the money lost from the S&L scandals, the government could have purchased 5 million average homes.
-------------------------

On the bank owned homes- the banks don't really care to keep them up because:
1. they are insured for the most part- these aren't 2 million dollar mansions.
2. The banks own BILLIONS in mortgages, so individual properties that they are insured for, and worth very little, will not get attention. Its cheaper for them sometimes to let the city demolish it and hold on to the the no maintenance land by only paying the property taxes on it.
3. Its going to get worse.

Eric

11:17 AM  
Anonymous Jeff Matiatos said...

How about the murder of vince foster Eric, Maybe the clintons had a hand in that ?

I hardly call it a whitewash.

I read the timeline and it reaks of a coverup and murder.




Jeff Matiatos

11:24 AM  
Anonymous Anonymous said...

Well Jeff, 60 million dollars, four years of investigations by the top investigators, U.S. Congress (Republican led), the Department of Justice, the Supreme Court, and all of the evidence disagrees with you.

Don't argue with me- write Congress.

You still fighting this nothing-assed fight from the 90's that amounted to nothing that made our country better, IS why we should vote for OBAMA (read that Chuck?). It's time to turn the page on the back and forth that only scored political points and did absolutely nothing for the people.

Eric
ps- McCain is dirty too. Don't forget his role in the S&L scandal. how is he going to be for landlords?
This guy wants to be President.

11:38 AM  
Anonymous Jeff Matiatos said...

Eric, I liked Bill Clinton and I believe that our economy and way of life was better with Bill than the Reagen and Bush administrations put together.

I don't like the prospect of our country being run like a monarchy
like it has been.

We need new ideas and a NEW hope for this country.

Obama could help repair the bad reputation we have in the world and thats very important.




Jeff Matiatos

11:54 AM  
Anonymous Anonymous said...

Jeff, you and I, hand in hand to the polls this Fall.

I agree with you on everything you just wrote in your 11:54 post.

Eric

12:54 PM  
Anonymous Anonymous said...

Why don't you guys start a post on Clinto and the S & L crisis?

2:16 PM  
Anonymous Anonymous said...

During the city council elections I remember seeing support for certain city council candidates on this blog. When I scanned through the sections of the council meeting I did not see a single member raise any objections to the orders concerning these properties.

Maybe you ought to start looking for "credible" candidates for the next election. Blogs are great and calling attention to a problem on a blog is a great start. Bob has done a good job calling attention to various problems on this blog. But the rest of you who come here to complain have to take it further than just having a discussion on a blog if you want to make a change. If you don't do that you will be here in 5 years complaining about the same problems. Its up to you.

4:39 AM  
Anonymous Anonymous said...

Wanna bet? Some people have taken it further.....they started lawsuits against the city. In five years, they will be so many lawsuits against St Paul that the voters will be calling for the city councils heads. Are you listening Kathy? Remember that you heard it here first.

7:23 AM  
Anonymous Anonymous said...

Jeff you are delusional. Black Osama? Your kidding,right? He's racist! Bob kick him off the blog for a week for talking stupid!



George

9:33 AM  
Anonymous Anonymous said...

George- you got any proof of that?
Of course you don't. His name is funny sounding and he's black.

The racist has been exposed, and it is still you.

In 47 years, 12 in office, one as the head of the Harvard Law Review, two books, hundreds of speeches and countless memos- not one shows any inkling of thinking that would lead any reasonable person to think he is a black racist.

The only thing left is guilt by association. With all of the extremists on the Right that have come out since 1994- you don't want to go with the guilt by association.

Go burn a cross Georgie.

Eric

11:58 AM  
Anonymous Anonymous said...

7:23

Lawsuits do not identify, choose, unseat elected officials and/or elect candidates. People do.

9:16 PM  
Blogger Swiftee said...

If Barrack Hussein Obama isn't himself a racist, he's got one on speed dial.

20 years is a *lot* of associated guilt, you have to admit.

12:22 PM  
Anonymous Anonymous said...

What was racist in Trinity over those twenty years?

I baited this response because I've watched with my own eyes the racial complications of the so-called Christian Right and Republicans fall over themselves for twenty years to kiss their rings.

So what did you find objectionable come out of Reverend Wrights' mouth and how was different from leading white Evangelicals that I'm not sure you've gone out of your way to speak out against?

Farrahkan? Not a relationship. Live in the same city with 2 million other people.
Ayers? Not a relationship (though pardoned by Clinton and never admitted to terrorism).

Don't forget his losing 2000 campaign was against former Black Panther Congressman Bobby Rush. Obama never was part of that radical group that people are desperately trying to tie him to. Never.

In Chicago, there is plenty of opportunity and its easy and advantageous to be part of some of these cliques, he didn't come from that wing. The woman who was in the state Senate before him, brought him and Ayers together for that fund raiser. There is no proof that Obama tried to continue that relationship, even though the both of them lived in the same neighborhood and sat on a non-profit board together.

So what associations?

Have you too bought into the bs?

Eric

4:03 PM  
Anonymous Anonymous said...

I agree with Eric. I haven't heard anyone criticize anyone from the right wing for their association with Folwell and/or the likes of him.

Oh, and what Bush said in Israel about Barack Obama today should be considered treason. Just as everyone was upset over Hugo Chavez' comments at the UN (for talking about our President on US soil), they should be equally upset over an American President making such assertions about another American citizen and Presidential candidate.

Whether you are an Obama supporter or not, what Bush did today was inexcusable and unforgivable. I was thinking of voting for McCain before he backed up what Bush said today.

12:25 AM  
Anonymous Anonymous said...

And, none of those people are running Barack's campaign or a part of it. John McCain gets pass after pass had Charlie Black as the head of his show.

Anyone remember last summer when McCain was counted out and carrying his own bags, fire his staff and flying coach? Where do you think the money came from to get him back on track? Lobbyists. And not your run of the mill loafer wearers. These guys were agents for foreign governments. That's who wants to be our President.

Charlie Black, McCain’s senior counsel and spokesman, began his lobbying career by representing numerous dictators and repressive regimes

* Black’s firm represented the governor of Philippines dictator Ferdinand Marcos. According to a 1985 report, the firm Black, Manafort & Stone earned $950,000 plus expenses for its work to provide “advice and assistance on matters relating to the media, public relations and public affairs interests.”

* Black’s firm lobbied on behalf of Mobuto Sese Seko of Zaire, earning $1 million a year for his efforts.

* Black’s firm lobbied on behalf of Somali dictator Mohamed Siad Barre.

* Black’s firm represented Nigerian dictator Ibrahim Babangida, earning at least $1 million for his efforts.

* Black’s firm has represented Equatorial Guinea, an oil-rich state “best known for the outlandish brutality of its rulers.”

* Black represented Angolan rebel and “classical terrorist” Jonas Savimbi, a job that earned him $600,000. “We have to call him Africa’s classical terrorist,” Makau Mutua, a professor of law and Africa specialist told the New York Times. “In the history of the continent, I think he’s unique because of the degree of suffering he caused without showing any remorse.”

* In recent years his client list has also included the Iraqi National Congress, Friends of Blackwater, and the China National Off-Shore Oil Corp.

* Since 2005, BKSH has received more than $700,000 in fees from foreign entities.
--------
But, Swiftee and other Republicans think its OK to sell out our economy and foreign policy to the highest bidder.

Ayers has no impact on American life, unless you're in his class. Reverend Wright apparently didn't have that much negative impact on the people who attended his church. Charlie Black- and several other McCain advisors- were advising the the possible next president and are way to friendly with dictators and those who work toward anti-American policies. That affects all of us.


Eric

9:49 AM  

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