By Carlos González

Visa Hello Kitty credit card promo. (art: Visa)
29 January 11
t's out there ... lurking.
Stalking you at night and shadowing you throughout the day. It never sleeps. It doesn't need to. It scans, collates and registers its harsh judgments with cold specificity.
It's ... your credit score.
Bearing the innocuous name "FICO," the widely used credit rating and "risk assessment system" tirelessly works to determine your "creditworthiness." Over the last twenty years most Americans have, either by choice or by surprise, come face-to-face with FICO and its potent power to kill a dream or make it come true.
Whether or not you get to take home that HDTV, go into escrow on that house with great "flip potential" or take advantage of that low, 6-month balance transfer APR ... it all depends on where you fall on the FICO scale. Ranging between 300 and 850, that number is, for all intents and purposes, who you are in the hurly-burly world of America's debt-driven economy. The closer you are to 850, the better you look to banks and lenders. If your number reaches 750 or above, debt mongers look at you like a credit-worthy starlet on GHB. As far as they're concerned you are ready for action. If, however, you are more in the 350-600 range, they tend to walk on the other side of the street when you saunter down credit card lane.
Fair enough, right?
We all understand the role of risk in lending. We also like to be rewarded for paying bills on time, and we kinda like it when those who haven't paid on time get punished. Being denied a mortgage or a credit card is the modern equivalent of the Puritans' stockade.
Unfortunately, the Credit-Industrial Complex reneged on its end of the FICO bargain.
Until the early 80s, they employed a high degree of selectivity when issuing credit. That made it a rarely relied-upon redoubt for working and middle class consumers who instead relied on store-issued credit cards and layaway plans. Some, if you can believe it, actually saved up long enough to pay for a T.V. with ... cash! Yup, actual stacks of government-issued bills exchanged hands. Few relied on a VISA, MasterCard or the elite calling card known as American Express. Mortgages were harder to get and young families saved and saved to make that all-important initial down payment on their dream.
By the beginning of the 90s, the high standards of the past were relics of a bygone era.
Like frat boys wearing beer goggles, creditors partied like it was 1999. In fact, by 1999 they were partying like it was 2012. Fueled by a cocktail of Reagan-Era deregulation and the "spend now/pay later" mentality of his "economic miracle," the credit flowed and flowed. Then Clinton Inc. came to town, loudly chanting their "It's the Economy, Stupid," mantra. For the next eight years the credit industry had carte blanche to act like drunken sailors. And they did. It quickly became "The economy, done stupidly."
In retrospect, the economic growth and declining budget deficits of Bubba-Time were mostly an illusion. It was driven by the financial industry, the 401K-fed vapor-ware bubble of the "internet economy," and, by the turn of the century, the bogus housing boom. Thanks to a flood of credit card offers, Americans lived like they were getting richer. In reality, they were on the fast track to becoming poorer.
Credit cards became the new sharecropping.
Monthly minimums were the yearly rent you paid to squat on the goods, services and properties that were actually owned by the Credit-Industrial Complex. Like the sharecroppers of the Jim Crow South, each year people fell further and further into debt, even if they paid their perfectly-crafted monthly minimum. You see, they calculated the exact amount needed to keep your debt slowly growing, while you paid them for the right to keep servicing it. Like those tenant farmers of old, there was little hope of paying off the debt.
Credit turned into a wealth re-allocation system, concentrating your monthly minimums into the hands of the real investor class - that high-falutin' top tier so heavily leveraged in banks, financial services and the mortgage market.
And the credit kept coming.
Despite a rapid growth in debt-to-income ratios for most Americans, FICO was largely ignored no matter how loudly it barked on the outskirts of creditworthiness. The Credit-Industrial Complex regularly walked over the tracks to the sketchy side of town. They hit on those once-unattractive scores with "nothing down" pick-up lines and turned interest-hiding lending tricks. And while you were trying to flip that fixer-upper, the folks on Wall Street were flipping you and your debt to slick financial lounge lizards eager to mop up their sloppy seconds.
Still, throughout the hallucinatory highs and the "credit crisis" lows, the FICO beast remained on patrol, always keeping score. The data collection industry vigilantly monitored your exposure to the debt collection industry. And, as you'd expect, scores declined once the credit bubble burst.
During their "credit crisis" hangover, lenders suddenly looked at those scores and decided to have some standards. The credit stopped flowing. They read their own fine print and raised interest rates, monthly minimums and fees. They took a bath, literally and figuratively. Sobered by the stark fear of re-regulation, they looked long and hard at everyone's FICO score and realized that they'd gone to bed with a 750 and woken up with a 400. For a moment, they cleaned up their act.
But, they are out of rehab. And, like archetypical alcoholics, they are at it again.
Credit is once again trickling down to "risky" borrowers. Perhaps they have no choice. With so many Americans out of work, struggling through foreclosures or unable to sustain those FICO-feeding monthly minimums, creditors have few options for their suddenly barren dance cards. Eligible scores are fewer and farther between in the Great Recession. And, frankly, they cannot help themselves.
They also know we've bought in to the mystical power of the FICO score. People are desperate to repair, restore or sustain their scores. Although the credit industry willingly ignored the contract implicit in the FICO system, the American consumer continues to believe that "creditworthiness" is the sum total of their worth. True enough; buying a home or a car or, oft-times, renting an apartment is tough if your score is under the magic median. And, increasingly, employers look at credit scores in the hiring process ... condensing down your life's experience to one scarlet number.
Perhaps it's time to reject the very notion of FICO. To force the issue by refusing to play the credit games required to rehabilitate our lagging digits. Maybe it's not such a bad thing to save up and pay cash. Try a little addition by subtraction. Take the plastic out of your wallet or purse. Leave home without it. And if they keep increasing the speed of your credit treadmill? Jump off. Take the leap and ignore the score, just like they did.
Maybe it'll take enduring a little short-term pain and some constricted credit to neuter the beast. The more folks wait out greedy creditors and ignore the threat of - gasp! - a low credit score, the quicker FICO will be forced into a holding pen of irrelevance.
So, stop jumping when it starts barking. Until you do, they've got your number.
JP Sottile is a newsroom veteran. His credits include a stint on the Newshour news desk, C-SPAN, Executive Producer for ABC affiliate WJLA in Washington, and a two-time Washington Regional Emmy Award Winner. In addition, JP is a documentary filmmaker.
See video here: http://www.youtube.com/watch?v=P3lJNajXpmk
While on hold through a telephone landline with the station waiting for the live segment, Molinaro was using his cell phone trying to cope with the latest snowstorm hitting his borough and was visible upset at something.
Molinaro admitted that it was embarrassing that it was picked up on the air. He would not reveal the identity of the person he was speaking to on the cell phone.
"My voice must have carried over," Molinaro said. "I did use the word."
Regardless of using the word, Molinaro fell short from offering an apology to the viewers. It's certainly warranted.
The news of the incident was first reported by Tom Wrobleski from www.silive.com.
BY Mike Jaccarino
DAILY NEWS STAFF WRITER
Wednesday, January 26th 2011, 9:25 PM
Right-wing pundit Glenn Beck has roiled residents of the Bronx's Co-Op City - suggesting their affordable community is an example of the failed socialism that once ruled the USSR.
"Once you say there's a place where everyone's life is interchangeable, everyone then has exactly the same stuff, which sounds like these beautiful complexes," the Fox News broadcaster told viewers of "The Glenn Beck Show" on Tuesday.
An image of Co-Op City then flitted across Beck's monitor.
"Do you want to live there? This is Co-Op City. Oh man! This is so beautiful," Beck said sarcastically. "That's the Great Society for you, and those are the lush [buildings]."
In 1955, New York lawmakers passed Mitchell-Lama legislation offering developers tax breaks for building apartments to be sold to working-class people at below-market rates.
The law helped build the massive "city within a city" of 35 high-rises and several townhouses.
It allowed Leonard Murrell, 76, to buy a three-bedroom unit in 1971 for $5,000. The retired city Housing Authority manager had choice words for Beck.
"Mitchell-Lama gave me a chance to have a place to call my own. I was renting when I came to Co-Op City, and now I own. It's my piece of the pie," Murrell said.
"I came from poverty and worked my way up," he said, adding that it was unfair for a millionaire like Beck "to go on TV and hammer the program that gave me my shot."
"How dare he?" cried Councilman Jimmy Vacca (D-Bronx). "I'd like to know the last time Glenn Beck stepped into Co-Op City.
"Glenn Beck sitting in judgment of the people of Co-Op City is one of the most outrageous things I've ever heard."
Beck declined to comment yesterday.
Martin Prince, 55, who bought a three-bedroom Co-Op City apartment 18 years ago for $15,000, found Beck's on-air pot shot divisive "vitriolic garbage."
"He pits one person against another and that's not what this country is about and it's not what I'm about," Prince said. "It's Beck who's un-American."
By Greg B. Smith and Corky Siemaszko
Daily News Staff Writers
Wednesday, January 26th 2011, 3:19 PM
The venerable National Arts Club pays its dining room manager a $247,000 salary even though he was caught stealing thousands from the club.
Joseph Frappaolo is even described as a "key employee" on a 2008 tax form, which claims he works 84 hours a week and reveals his salary is personally set by club president Aldon James.
Frappaolo, who pleaded guilty in 2002 to skimming more than $160,000 in state and city sales taxes, refused to speak with a reporter Wednesday.
"I have no comment," said Frappaolo, 55, who avoided jail by paying back more than $340,000 in interest and penalties.
"I'm serving lunch right now."
There also was no immediate comment from James, the colorful, bow-tie wearing Manhattan mover and shaker who has been credited with revitalizing the once-stodgy club since taking over in 1985.
A club spokesman said they were preparing to address questions about Frappaolo's role at the 113-year-old institution, whose members have included writer Mark Twain, movie-maker Martin Scorcese and actors Ethan Hawke and Uma Thurman.
Fishy finances are not new to the club, which was investigated by the Manhattan District Attorney's office in the 1990s.
James' twin brother, John, pleaded guilty in 2003 to misusing the club's tax free status to peddle millions of dollars worth of jewelry.
He also avoided jail by paying $469,213 in restitution and $60,000 in criminal fines.
Despite that, John James has been allowed to rent an apartment in the club's jewel box Gramercy Park building for just $356 a month - well below the market rate, records show.
James, who is not paid for his work as club president, and several other club trustees also occupy reduced-rate apartments in the landmark Tilden Mansion, according to the tax document.
James pays the club's executive chef, Robert Ahle, a $124,004 annual salary and claims on the tax form he works 60 hours a week.
While the National Art Club's stated mission is "to stimulate, foster and promote public interest" in fine arts, the club handed out just $39,349 in grants to artists in 2008-2009.
During the same period, the club reported $37,270 in travel expenses.
Members from the Mayors Against Illegal Guns coalition gathered in New York City yesterday morning to advocate for a simple solution to cutting down on gun violence.
The speakers were part of a procession of relatives and friends of victims of shootings at a City Hall news conference to urge Washington to strengthen federal gun laws to prevent firearms from falling into the hands of buyers with a history of violence or mental illness.
BY Aliyah Shahid
DAILY NEWS STAFF WRITER
Saturday, January 22nd 2011, 10:45 AM
Keith Olbermann's abrupt exit on Friday night has at least one of his fellow liberal allies fuming.
HBO host Bill Maher immediately asked guest and Olbermann's fomer MSNBC colleague Rachel Maddow why Olbermann was leaving.
Maddow, one of Olbermann's closet allies, said she knew "very little about" the decision on "Real Times With Bill Maher" but said it was mutual.
"Well that's always bulls--t," Maher responded.
"I know very little about it," insisted Maddow. "All I know is it was between Keith and the company and didn't involve any of the rest of us." She said the 51-year-old was "very gracious and nice" during his exit.
Maher said the show started to go "downhill' in November when Olbermann toned down segments of show like "World's Worst."
"Stop organizing life around the people who don't get the joke," Maher said, seemingly to the network. "F--k them if they don't get a joke."
Other hosts, like rival CNN host Anderson Cooper, devoted 20 minutes to the news of Olbermann's abrupt exit, even pointing out that MSNBC ran promotional ads that included the host's face after he announced he'd be
leaving.
The liberal host, who was the highest-rated evening anchor on MSNBC, surprised viewers on Friday saying he had "been told" it was his last show after nearly eight years with the network.
"There were many occasions, particularly in the last 2 years, where all that surrounded the show - but never the show itself - was just too much for me," Olbermann said in attempt to explain the decision.
Olbermann caused a brief firestorm in November after reporters uncovered his donations to the campaigns of two Democratic Congressional candidates in Arizona and one in Kentucky. He was briefly yanked off the air, but eventually returned weeks later in his prime time 8 to 9 p.m. slot.
MSNBC confirmed Olbermann was leaving in a terse statement issued minutes after he announced his departure.
A network spokesman said Olbermann's exit had nothing to do with Comcast's purchase of NBC Universal, the cable network's parent company.
But The Daily Beast's Howard Kurtz said MSNBC staffers believed it was only a "matter of time" before Olbermann would "bolt or be pushed out."
"If Olbermann concluded that he would no longer have the independence he craved in the more buttoned-down Comcast era, it is unlikely that anyone in the NBC executive suites tried to talk him out of it," wrote Kurtz.
After Democrats exceeded their budget by over $10 million, over 130 Senate staffers were released yesterday. Your Free Press has learned one of the latest staffers to learn of his fate is Carlos González, former director of Media Services. When asked how he was informed, González indicated that he received information "no different compared to anyone else."
González is the latest Latino to walk out the door following Veteran administrator Angelo Aponte who's most recent retirement on November 29th, 2010 ended a tumultuous tenure that saw him sued by the Senate GOP for his actions during the June 2009 coup and, more recently, assailed by state Inspector General Joseph Fisch for his office’s release of information to AEG during the free-for-all bidding process that led to that company being selected and then rejected as the developer of the Aqueduct racino.
González is considered a veteran staffer of the New York State Senate with his original employment dating back to 1994. After departing the Senate in 1999 to go work on the presidential campaign of Al Gore in Florida, González remained in south Florida raising his family and engaging in private sector businesses. In 2007, Gonzalez returned to the Senate's Minority Press Office.
While in the Minority press office, González is credited for being the first person to convince Minority leadership not to rely exclusively on print and television outlets to get out conference messaging. González independently set up a conference Youtube channel, videotaped all press events and shipped the information to media outlets. His work became viral.
"It was a challenge getting mainstream media to attend Minority press conferences to begin with," said Gonzalez during a lengthy telephone interview. "Eventually, bloggers were posting conference videos as a matter of routine. It helped make the Democratic team competitive.”
When Senator Smith and fellow Democrats won the Majority in 2008, González was transferred out of the press office and placed in charge of the Media Services unit. González became the first Latino in the history of New York to ever hold onto such position, a milestone that you would not hear him ever discuss. González states that he owes all of the opportunity he's had to Senator Malcolm Smith, Senator John Sampson, and Angelo Aponte.
"I didn't get everything Media Services wanted, but Angelo Aponte made sure that if there was an absolute need for the people of the State of New York to receive information that I got everything as a unit that was vitally needed - as long as it was budget neutral."
Since day one, González reconfigured strategies within the unit. During the Bruno/Skelos years, all services were geared at assisting members of the Republican Conference exclusively. Immediately, González opened up the division instructing his team to provide reasonable services for all 62 senators, produced content for all members of the legislature, created a fair cable show schedule with equal amounts of time slots provided to both the Democratic and Republican conferences. González ended the decade’s old gimmick instituted by Republicans of allowing members of the Minority to have studio time during odd hours and during legislative session only. He created and implemented a 30-minute rotating block of studio time equally dividing time between Democrats and Republicans.
Another accomplishment was González ordering fiber connection into the Minority conference room directly linking the room into Media Services for optimum transfer of content. He instituted a policy requiring all press conferences held by then Minority Leader Dean Skelos to receive the full services of his department.
In April of 2009, González launched a new departmental policy requiring the editing and upload of the approximate 3,000 plus videos posted onto the Senate's very own government Youtube channel. González and his team also started covering official public hearings statewide and posting the content for the public to see. Today, public hearings may also be viewed on television, another first since Gonzalez' arrival.
And in times of turmoil, it was González who turned off the video feed during the infamous day of the coup. It's a moment he doesn't like to talk about other than saying that he covered a session event gavel to gavel.
"What went on after the final gavel and when the lights were turned off is not my concern," said González. We followed protocol at a time when situations such as the coup would never be considered a possibility."
Cutting off the feed may have very likely contributed toward saving Senate Democrats or offering breathing room, whereas there was no video record of proceedings that took place post-gavel. The coup is not an issue González is willing to elaborate on.
Additional accomplishments by González and his team dealt with laying out the infrastructure and development of streaming live all committee meetings that take place in the Capital and Legislative Office Building. González and his engineering team comprised a budget neutral solution making New York State one of the leading government institutions to offer this type of transparency for the people. The twenty-camera installation job was completed in-house without outside and costly contractors and cameras were fibered directly to an expanded master control room.
Some internal criticism of González was received for not entering Media Services and terminating holdover staff previously hired by the GOP. Approximately 75% of the unit was retained. When asked if his departure from the Senate could be related to criticism relating to staffing, González indicated not only was he not willing to discuss the political affiliation of any staffer, but he made no assumptions that choice of staff is what led to his departure.
"Examine the resume and qualifications and measure each person based on performance," continued González. "This is a unit that became organized and tight because of commitment to service. It was the will of Senator Smith and Senator Sampson. I felt compelled to create new leaders, regardless of color, gender, economic status, and gave each and every staffer a chance to demonstrate creativity and performance. If political affiliation and retaliation was on the agenda, I can tell you right now that not a single person ever mentioned such a strategy and I entirely missed that memo, if one existed.
"Like Senator Sampson wisely put it recently, I had an open door policy and tried best to lead, but sometimes no matter what you do they'll always be people who'll try to stab you in the back," remarked González. "Some internal staffing adjustments for next year were on the table, but not because of political affiliation. Each staffer has to have performance evaluated. After a couple of years, some get stale.”
Members and staffers are not too happy with the dismissal of González and the loss of a skillful and knowledgeable staffer who has earned his keep and is able to navigate through the complexity of the institution, respected by both Democrats and Republicans. The loss of González reflects negatively on a Democratic Conference that has too few Latinos on staff. Recently, Senator Sampson was able to secure a block of Latino elected officials by offering them leadership positions within the conference. However, the decision to dismiss González does not make sense.
"Carlos was the most effective leader this unit has ever seen," expressed a staffer of five years who asked to remain anonymous. "Not only did he give orders when necessary, but it was very common for him to pick up a camera and sound equipment and handle production from beginning to end to include traveling statewide for official business. We've never seen that before. People follow leaders who demonstrate with actions, and we saw lots of leadership and action with González. His departure from the unit is a sad circumstance because we need him, even today."
Surprisingly, González dismisses criticism and opted to defend Senator Sampson and the decisions of the transition team. That’s what normally comes with loyalty, but at some point something has to give.
"The reality is that the crisis with the budget is real and who am I to expect any exemption from that process," expressed González. "Senator Sampson and the transition team need to vet and decide what services they need as a conference, and I'm sure that a plan will be in place soon. They'll examine the pro's and the con's and determine who’s credible. They will navigate through political and erroneous charges that sometimes are created by staffers in times of desperation simply to protect themselves. Politics is not a friendly business when you're on the chopping block. The Capital is an ugly place right now. Eventually, Democrats will have to live with whatever decision they make."
In the meanwhile, González is not sitting idle and has been exploring other opportunities, though he admits that working for the Senate is still and will always be close to his heart.
González refused to discuss any prospective employment conversations and would not confirm nor deny future ventures when asked about ongoing conversations particularly with a Spanish broadcasting network looking to establish a permanent presence in Albany. Since he was the first director ever to deliver Senate-related content to Spanish media outlets regularly to include Univision, Telemundo, and other public access networks, it wouldn't surprise us seeing a possible transition for González into television or journalism.
González did state that he has been in communication with the appropriate authorities at the Legislative Correspondents Association on multiple occasions, but it was for general information assisting friends in Spanish television and he was not at liberty to step ahead of the network at this time by providing any further information.
"Right now, it’s time to decompress and assess where I am at," continued Gonzalez. “It’s also a time to be helpful to my friends who are with the same fate. I’m digesting a ton of information and this is not the end of the road. There's more to come."
YFP placed call to Senators Rubén Diaz, Diane Savino and former State Senate Secretary Angelo Aponte, but they have not respond to the YFP request by the deadline of the article.
The folowing comment from NYS Senator Diane Savino:
Sorry I was unable to get back to you before deadline. but I would like to say that Carlos González was one of the best employees the senate had, he is absolutely responsible for taking our antiquated media department and bringing it into the modern age.
he was dedicated, and so was his entire department. It is a great loss to all the members of the senate, and so sad that he and others are paying the price for poor decisions. And finally, to you previous posters, Carlos was an effective, and well loved manager. there were never any complaints from his staff and to anonymously state otherwise is disingenuous.
senator diane j. savino
STATEMENT FROM BOROUGH PRESIDENT DIAZ
“I am thoroughly disgusted with the treatment of the Bronx on last night. Rather than focus on the amazing revitalization the Bronx has seen over the past three decades, the producers of the show chose instead to highlight the negative stereotypes that have plagued our borough for years. The Bronx is the proud home of 1.4 million people, and over the past 30 years we have seen a dramatic drop in crime, incredible new business activity and the development of amazing new infrastructure. The portrayal of the Bronx by the producers of American Idol in such an extremely negative light is not only shameful, it does not accurately represent how far the Bronx has come.
Mara Gay Contributor
A Swiss Banker Hands Customer Files to WikiLeaks
Esther Addley, Guardian UK
The report begins: "Julian Assange, the WikiLeaks founder, today pledged to make public the confidential tax details of 2,000 wealthy and prominent individuals, after being passed the data by a Swiss banker who claims the information potentially reveals instances of money-laundering and large-scale illegal tax evasion."
READ MORE
What boggles my mind is how OSHA, the NY Fire Dept. takes this man's word that the violations are corrected without an investigation or breaking the door as reported in one of the commends. What will happen is the kindle of this historical land mark smothers into a three alarm fire, what would be the answer by the regulatory agencies. Who will be responsible for the people that live and work there. What will the members have to say? How will the governing board spin this one. It is time to wake up to reality, and remember the old saying: " an ounce of prevention....
There was a fire there a month or two ago! They said it was an A\C unit but who knows...