Quick Partial Index (all are links) To Cuomo's Corruption And Its Cost


Letter to Super DEBT Committee - Save $2 trillion dollars without harming Medicaid beneficiaries. link

Letter to Congress: save $200 billion in Medicaid in this year's budget.
link link
Congress notified of NY medicaid fraud by NYS link

Even with wildly optimistic pension earnings predictions, New York Debt per person including local debt is $24,195. For a family of four that is about $97,000. link

A. Latest on Chapter 10 Bankruptcy link 1 Link 2
B. Cuomo Budget Link 1 Link 2
C. NY Bonds Link1 Link 2 Link "Writing on Wall"

Cuomo as Governor
Medicaid Redesign Team: Medicaid Budget increases, not decreases Cuomo's Lobbyist Crony Heads Medicaid Redesign.
Cuomo's Lobbyist Crony renamed Consultant and all is well

1. Cuomo Stars as Captain Renault in Casablanca remake and link 2 Cuomo's repeat performances

2. Cuomo fails to follow Brown and cut his budget by 25%

3. More Cuomo fails to equal California's Brown

4. How States go bankrupt.

5. Cuomo and Medicaid headed nowhere

6. Look at Alternate currency: A Ron Paul, a $3 Cuomo, a California IOU

7. Cuomo's credit card taken away.

8. New Chapter 10 Federal Bankruptcy for States.

9. The new $3 Cuomo I.O.U.

10. Cuomo and NY Bondholders See The Writing On The Wall

11. New York Bankruptcy and Bond Devaluation

12. Cuomo Loads Up His Band Wagon With Committees For The Downhill Race With California

13. Ponzi to Madoff to Hevesi to DiNapoli; New York Learns About A Phony Safe 7.5% Pension Return

14 Economic Laws Lead Andrew Cuomo To A Hard Fall

15. Cuomo Meets "The Ghost Of NY Yet To Come"

16. Fiscal Disaster As Andrew Cuomo And His M.O. Are Slapped Down By Chinese Reality Checks

17. The New Word Order, "Nixon/Blogo/Cuomo" Predicates Andrew Cuomo's Fate

-Cuomo's prior corruption-

18. Cuomo Perfected His M.O. At HUD With $59 Billion Unaccounted For ; stealing the poor guys blind; Medicare $1.2 billion per year fraud; Multiple $50,000 bribes; Cuomo bungles criminal trial, rich executives walk;

19. The Second Cuomo's Smoking Gun: AEG Victory Celebration Needed Rev. Sharpton And Andrew Cuomo In The AEG Bag

20. Cuomo's Corruption Allowed $400 Million To Be Added to $1.2 Billion In NY Medicaid Fraud To Be Refunded By NY State To Federal Government

21. Andrew Cuomo Kisses And Makes Up With The Albany Swamp's Legislature Vermin, Reprobate Politicians, A Whore and Charles Rangel, Ashley Dupre, boss Vito Lopez, David Paterson, as obedient house boy, Andrew Farkas, who Cuomo accused of paying millions in kickbacks, and Allen Isaac (sex predator)

22. Sex Predator: Cuomo can clean his own nest

23. Cuomo changes pay to play to indirect payment and we're fooled

24. Cuomo bungles criminal prosecution

25. Cuomo covers up NY corruption

26. Cuomo covers up missing 9/11 Red Cross Money

27. $1.2 trillion loss resulted from the 50 % of $2.4 trillion in loans ordered by Cuomo at HUD, *Cuomo's smoking gun

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New York State Requires A $2,250 Per Year Household Tax Increase To Cover It's Pension Costs

              The Grim Economic Reaper's toll for public employee pension promises in New York and other states is available in 
       by Robert Novy-Marx, University of Rochester/NBER
and Joshua D. Rauh, Kellogg School of Management/ NBER
         dated June 2011

The following tables are excerpted: (GSP = Gross State Product)

 Contributions, Payroll, and Revenues for State and Local Systems
Government Contributions Incl Social Security  
                    Total Payroll    Revenues % of GSP   per household

New York        $65.8  Billions        1.2%                  $1,738.8
Rhode Island      $2.4                  1.3%                    $1,557.3
Hawaii               $3.7                  1.1%                    $1,436.4
Virginia             $17.5                 1.0%                    $1,374.0
California        $108.1                 1.0%                    $1,368.8
Alaska                $2.3                 0.7%                    $1,234.7
Illinois              $29.3                 1.0%                    $1,215.3
New Mexico      $4.7                  1.2%                    $1,180.6
Nevada             $5.2                  0.9%                    $1,147.2
New Jersey     $26.9                  0.7%                    $1,078.0

Required Increases for Full Funding by State, No Policy Change
                      Gvt Contributions           Required Contribution Increase
             Current($B)  Total Required   Revenue % of GSP   per household
New Jersey $3.6           $11.9                           1.7%         $2,475
New York  $13.1          $30.0                           1.5%         $2,250
Oregon       $1.3           $4.4                            1.9%         $2,140
Wyoming    $0.2           $0.6                            1.2%         $2,080
Ohio           $3.1          $12.2                           1.9%         $2,051
California   $19.5         $47.8                            1.5%        $1,994
Minnesota   $1.7          $5.6                             1.5%        $1,928
Illinois        $6.0         $15.5                             1.5%        $1,907

        New York State is the overall winner, when you add the numbers from each table to get the total spending required. And things are worse than they appear because many of the households in New York don't pay taxes, so the $2,250 additional tax required per taxpaying household per year increases.  NY Comptroller reports 4.52 million residents out of the total 19.4 million NYS  population are Medicaid eligible and thus unable to contribute

Oh, somewhere in our favored land the sun is shining bright;
The band is playing somewhere, and somewhere hearts are light,
And somewhere men are laughing, and somewhere children shout;
But here in New York, the taxpayers will strike out