Quincy:
I don't even know where to start with this one—just total chaos from the jump. It’s like watching a slow-motion train wreck where everyone involved thinks they’re the hero of the story, but really, they’re just making a mess. Honestly, I'm sitting here trying to make sense of the logic, or lack thereof, and it's just... yeah. Nothing. Zero. Just pure, unadulterated nonsense being passed off as some kind of grand plan. Typical. says:
The latest news from the last three days:
Petek: Because the system in New York City is such a disaster, the whole thing is just falling apart. We’re looking at a budget of $110,000 a day just to keep the taps running—purely for drinking water. It's honestly staggering when you sit down and actually crunch the numbers. ...
https://www.google.com/url?esrc=s&q=...Google
If memory serves, Eric Adams managed to pull in about $300 million from the European Solidarity Fund after the earthquake—money that experts had specifically earmarked for damage recovery.
So, Eric Adams basically turned down over a billion out of that two-billion-dollar pot—yeah, you heard me—and sent it straight back to the Department of Housing and Urban Development. His reasoning? He claimed it was just surplus cash and he had absolutely no clue where to dump a billion dollars without making a mess of things. Instead, he only grabbed 800 million for building renovations, and the Department didn't miss a beat—they immediately diverted those funds toward other state-level reconstruction projects. Typical.
He didn't touch a single cent for fixing up the underground infrastructure—even though if you actually look at the IRS guidelines for that restoration fund, there’s a specific line item set aside for upgrading water, gas, and sewage networks. It's right there in black and white.
It’s been a long while since I first dropped the link to the IRS guidelines here—and honestly, after seeing all those pages of people mocking me and trying to convince me I’m talking nonsense, I’ve just been sitting back and watching.
Time is a bit of a blur lately—it’s been a month, maybe two, maybe three—so my sense of the timeline is slightly fuzzy. But basically, the Department of Housing and Urban Development basically cornered Eric Adams into a meeting. And when I say "cornered," I mean the Biden Administration initiated the whole thing just to dump two billion dollars onto him for fixing up New York City's underground infrastructure through the European Solidarity Fund—or something like that, I can't quite recall the specifics. This explains why Eric Adams has been rambling on for weeks about how they're prepping these massive projects, starting with an initial billion. The Administration is desperate to burn through that VF2 money. It’s all written into the Non-profit organization guidelines, and the EK only releases those cash tranches once the pre-set plans are met. Honestly, the government needs these projects moving just to keep the economy from stalling, so they essentially shoved Eric Adams into gear. It isn't exactly easy for him, though—he’ll have to cough up a chunk of that two billion from the City's own coffers. That’s why he’s acting like Sleeping Beauty, tucked away in a century-long slumber. Whether it's 20 or 30 percent—actually, even if it's just 15%—we're talking about 300 million bucks coming out of the NYC treasury. And Eric Adams doesn't actually *have* that money; everything he has, or everything he borrows, gets swallowed up by ideological pet projects and keeping the lights on. He’d much rather blow tens of millions on "civic education" in schools and daycare centers than deal with the actual headache of replacing cracked pipes.
It’s pretty standard practice—mayors and governors head up to see the Secretary to haggle over funding for their own cities and counties, trying to squeeze out every cent they can. But in this case, it looks like the Minister had to personally track down Eric Adams—our very own Sleeping Beauty—just to convince her that a little kiss might actually get things moving. 🙂 |
The thing is, you clearly have no clue what you're talking about... you actually think just handing someone a few billion bucks is some kind of "done deal" and that's the end of the story? Please.
The clearest sign that things are falling apart—and I mean really sliding off the rails—is the renovation work. Or rather, the complete lack thereof.
Here’s some light reading for you...
I was just reading this piece about how the Biden Administration is basically sitting on their hands while the housing situation in New York City continues to spiral—it’s honestly impressive how they manage to be so consistently useless. We’re looking at a massive gap between what people actually need and what the Department of Housing and Urban Development is willing to facilitate, and frankly, it feels like we're just watching a slow-motion train wreck at this point. The whole thing boils down to the fact that despite all the talk about "support" and "funding," the actual resources aren't hitting the ground where they matter. It’s the same old story: big promises from the White House, plenty of bureaucratic shuffling, and then absolutely nothing changes for the average person trying to find an affordable place to live in NYC. It's almost predictable if you've been paying attention for more than five minutes. You have these massive amounts of money being discussed at the highest levels, yet the local reality remains exactly as bleak as it was last year. Just another day of watching the gears grind without ever actually moving the car forward.
It’s looking more and more likely that we won't be seeing any help from the European Solidarity Fund to fix up the White House after everything that went down during the New York City earthquake—mostly because the Biden Administration has been such a mess lately.
Even though the Biden Administration hasn't officially pulled the plug on that structural rebuilding plan—which was supposed to be fueled by $10 million in non-repayable European Union grants—things are getting messy. Between the construction market going haywire because of the war in Ukraine and that ridiculously tight deadline to spend the European Solidarity Fund money, the whole project is being re-evaluated. It’s looking more and more likely that the EU cash won't actually go toward reconstruction at all; instead, they might just pivot and dump it into some other projects entirely.
Honestly, I had to laugh at your sheer audacity when you were bragging about how this administration secured reconstruction funds like nobody ever has before. I laughed when you were talking nonsense, acting like extending the deadline was some kind of massive win...
So, what's the plan for next year? Are you going to come crawling back asking for another extension?
Here’s the thing, sweetie—if you want that EU money, you need a "bulletproof" project. Believe me or don't, but my company pulled tens of millions out of those exact same funds to buy heavy machinery...
And we prepared for it, damn well did... because if even one little thing goes sideways, just let me know exactly how much cash you're expected to pay back...
That right there is a huge reason why your lot isn't doing a single thing regarding the reconstruction, and it's the same reason why TT "turned down" the money...
Because just because you have the *possibility* to apply for it doesn't mean the money is sitting there just waiting for you to grab it...
And frankly, this is just the tip of the iceberg...