A Challenge to Tea Party Elected Officials by James Ostrowski

A Challenge to Tea Party Elected Officials by James Ostrowski

" HUD has destroyed many urban neighborhoods and replaced them with gigantic Soviet-style public housing projects that are breeding grounds for crime and despair. In many cases, such as in my hometown of Buffalo, neighborhoods were destroyed and replaced by nothing! At 19:52 of The Incredible Bread Machine, Rothbard does a stand-up routine (sitting down) on how the federal bulldozer destroyed more housing units than HUD built. Billions of HUD development funds have been wasted (of course) and funneled into payoffs to contractors who kick back donations to keep the slimeballs in power. In Buffalo, about $556,000,000 was spent in recent years and it’s difficult to figure out where it went other than patronage jobs. HUD helped cause the mortgage meltdown by subsidizing mortgages that credit-unworthy home buyers could not afford. HUD is a poor manager of its properties, many of which are decaying and many of which have already been demolished. HUD has been called "the worst landlord . . . in the United States. "