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Solution to the Evictions/Homelessness Crisis
LoP Guest
lop guest
User ID: 555681
08-02-2020 05:45 PM

 




Post: #1
Solution to the Evictions/Homelessness Crisis
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It is easily within the power of the US Congress to draft legislation that creates a new class of lending and mortgages that service distressed homeowners with zero interest loans.

This can be done via the Treasury/Federal reserve in a fashion very similar to the way that bailouts are being offered to distressed corporations since March.

The loans are collateralized by the value of the property which makes them risk free for the Fed/Treasury.

Payments could be structured based on income with considerable flexibility with the aim of trying to keep most homeowners liquid and in their homes. Should a homeowner fail to maintain their mortgage payments a second option exists to assume the property and rent it to the same persons.

Similar ideas were circulated by a few free thinkers during the 2008 Mortgage fraud crisis and those mostly suggested that the federal reserve could avoid a lot of foreclosures by simply lending directly to homeowners.

Direct lending wasn't viewed very favorably then, but it is now, esp if you are in the elite's inner circles.

BOTH parties are well aware of this option and probably neither one of them will embrace this idea unless a grass roots movement takes the idea viral and forces them to say yeah or neah publicly.

Maybe a petition, maybe a viral video, who knows how, but spread the word and see if you can make this issue scream loud enough that the assholes in Congress pay attention!

It's an election year, ROAR!!!!!
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LoP Guest
lop guest
User ID: 403169
08-02-2020 05:51 PM

 




Post: #2
RE: Solution to the Evictions/Homelessness Crisis
The solution is to shift the protests to Washington D.C. to the Congress and House of Representatives and the Lawyers and Courts and drag them out into the streets and let mob rule!
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LoP Guest
lop guest
User ID: 555681
08-02-2020 05:57 PM

 




Post: #3
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 05:51 PM)
The solution is to shift the protests to Washington D.C. to the Congress and House of Representatives and the Lawyers and Courts and drag them out into the streets and let mob rule!

That will get their attention, but really you don't have to go that far.

Stop rioting over police brutality and start protesting over evictions and homelessness and lockdowns and the intentional destruction of the economy; driving home the message that the government caused this crisis, not the virus.

That places the burden on the government to fix it.
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LoP Guest
lop guest
User ID: 542111
08-02-2020 06:16 PM

 




Post: #4
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 05:45 PM)
It is easily within the power of the US Congress to draft legislation that creates a new class of lending and mortgages that service distressed homeowners with zero interest loans.

This can be done via the Treasury/Federal reserve in a fashion very similar to the way that bailouts are being offered to distressed corporations since March.

The loans are collateralized by the value of the property which makes them risk free for the Fed/Treasury.

Payments could be structured based on income with considerable flexibility with the aim of trying to keep most homeowners liquid and in their homes. Should a homeowner fail to maintain their mortgage payments a second option exists to assume the property and rent it to the same persons.

Similar ideas were circulated by a few free thinkers during the 2008 Mortgage fraud crisis and those mostly suggested that the federal reserve could avoid a lot of foreclosures by simply lending directly to homeowners.

Direct lending wasn't viewed very favorably then, but it is now, esp if you are in the elite's inner circles.

BOTH parties are well aware of this option and probably neither one of them will embrace this idea unless a grass roots movement takes the idea viral and forces them to say yeah or neah publicly.

Maybe a petition, maybe a viral video, who knows how, but spread the word and see if you can make this issue scream loud enough that the assholes in Congress pay attention!

It's an election year, ROAR!!!!!

So, for the corporations and banks the Fed can print cash with no strings attached and for the commoners they can offer a loan? No thanks.
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LoP Guest
lop guest
User ID: 479339
08-02-2020 06:59 PM

 




Post: #5
RE: Solution to the Evictions/Homelessness Crisis
By modern progressive standards, by all means give them participation trophies.
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Яudis
The Pragmatic Contrarian
User ID: 498156
08-02-2020 07:06 PM

Posts: 18,983




Post: #6
RE: Solution to the Evictions/Homelessness Crisis
Living Wage Time!
Basic Income for Not Working.
Get Ready For it!

This Keeps the Lazy f*cks at home and
hard working Productive People On the
Job Earning a lot More.

But along with this, COMES Huge EU style GHETTOZzzzzzz!

#WWG1WGA https://disarmthedeepstate.com/
(This post was last modified: 08-02-2020 07:07 PM by Яudis.) Quote this message in a reply
NormalIsSubjective

User ID: 554229
08-02-2020 07:52 PM

Posts: 13,650




Post: #7
RE: Solution to the Evictions/Homelessness Crisis
Яudis  Wrote: (08-02-2020 07:06 PM)
Living Wage Time!
Basic Income for Not Working.
Get Ready For it!

This Keeps the Lazy f*cks at home and
hard working Productive People On the
Job Earning a lot More.

But along with this, COMES Huge EU style GHETTOZzzzzzz!


Doesn't the US already have 'exceptional' GHETTOZzzzzzz?


Got a link for those "EU style" ones for comparison?
Quote this message in a reply
LoP Guest
lop guest
User ID: 555681
08-02-2020 07:53 PM

 




Post: #8
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 06:16 PM)
LoP Guest  Wrote: (08-02-2020 05:45 PM)
It is easily within the power of the US Congress to draft legislation that creates a new class of lending and mortgages that service distressed homeowners with zero interest loans.

This can be done via the Treasury/Federal reserve in a fashion very similar to the way that bailouts are being offered to distressed corporations since March.

The loans are collateralized by the value of the property which makes them risk free for the Fed/Treasury.

Payments could be structured based on income with considerable flexibility with the aim of trying to keep most homeowners liquid and in their homes. Should a homeowner fail to maintain their mortgage payments a second option exists to assume the property and rent it to the same persons.

Similar ideas were circulated by a few free thinkers during the 2008 Mortgage fraud crisis and those mostly suggested that the federal reserve could avoid a lot of foreclosures by simply lending directly to homeowners.

Direct lending wasn't viewed very favorably then, but it is now, esp if you are in the elite's inner circles.

BOTH parties are well aware of this option and probably neither one of them will embrace this idea unless a grass roots movement takes the idea viral and forces them to say yeah or neah publicly.

Maybe a petition, maybe a viral video, who knows how, but spread the word and see if you can make this issue scream loud enough that the assholes in Congress pay attention!

It's an election year, ROAR!!!!!

So, for the corporations and banks the Fed can print cash with no strings attached and for the commoners they can offer a loan? No thanks.

The fed is providing loans for all of them. Very few are getting cash without repaying it
Quote this message in a reply
SkeptiSchism
Registered User
User ID: 450243
08-02-2020 07:59 PM

Posts: 20,758




Post: #9
RE: Solution to the Evictions/Homelessness Crisis
NormalIsSubjective  Wrote: (08-02-2020 07:52 PM)
Яudis  Wrote: (08-02-2020 07:06 PM)
Living Wage Time!
Basic Income for Not Working.
Get Ready For it!

This Keeps the Lazy f*cks at home and
hard working Productive People On the
Job Earning a lot More.

But along with this, COMES Huge EU style GHETTOZzzzzzz!


Doesn't the US already have 'exceptional' GHETTOZzzzzzz?


Got a link for those "EU style" ones for comparison?

You are so subtle.

chuckle

[Image: 180?cb=20110504061635]
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Upside Down
Registered User
User ID: 554628
08-02-2020 08:01 PM

Posts: 35,130




Post: #10
RE: Solution to the Evictions/Homelessness Crisis
Universal Basic Income (UBI).

People can't work because of Corvid-19.

There are lots of goods and services available, but little money to buy it unless you are the 1% richest in America.

The time has come or there will be mass homelessness and deflation in prices.

Candle
Reality are the hearts and minds of those who try.
Everything that is not illusion is confusion.

box
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LoP Guest
lop guest
User ID: 555681
08-02-2020 08:08 PM

 




Post: #11
RE: Solution to the Evictions/Homelessness Crisis
NormalIsSubjective  Wrote: (08-02-2020 07:52 PM)
Яudis  Wrote: (08-02-2020 07:06 PM)
Living Wage Time!
Basic Income for Not Working.
Get Ready For it!

This Keeps the Lazy f*cks at home and
hard working Productive People On the
Job Earning a lot More.

But along with this, COMES Huge EU style GHETTOZzzzzzz!


Doesn't the US already have 'exceptional' GHETTOZzzzzzz?


Got a link for those "EU style" ones for comparison?

The migrants here squat and build plastic/pallet wood cities. And I hear the Muslims live pretty ghetto. Dunno.
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LoP Guest
lop guest
User ID: 542111
08-02-2020 08:20 PM

 




Post: #12
RE: Solution to the Evictions/Homelessness Crisis
Яudis  Wrote: (08-02-2020 07:06 PM)
Living Wage Time!
Basic Income for Not Working.
Get Ready For it!

This Keeps the Lazy f*cks at home and
hard working Productive People On the
Job Earning a lot More.

But along with this, COMES Huge EU style GHETTOZzzzzzz!

Automation is a reality and the value of human labor is becoming worth nothing. People can pretend it isn't happening, but the automation trend has been in the news for at least five years.

The only other alternative to a living wage is a massive cull. I know which side the elite stand on, which side do you?
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LoP Guest
lop guest
User ID: 542111
08-02-2020 08:23 PM

 




Post: #13
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 07:53 PM)
LoP Guest  Wrote: (08-02-2020 06:16 PM)
So, for the corporations and banks the Fed can print cash with no strings attached and for the commoners they can offer a loan? No thanks.

The fed is providing loans for all of them. Very few are getting cash without repaying it

Really? Then why when the banks got bailed out, they were suppose to lend that money, but instead they held onto it and were loath to offer people loans for years. They have no intention of ever repaying that money back and in fact will be back in line for another bailout every stimulus that comes.
Quote this message in a reply
LoP Guest
lop guest
User ID: 504100
08-02-2020 08:33 PM

 




Post: #14
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 05:57 PM)
LoP Guest  Wrote: (08-02-2020 05:51 PM)
The solution is to shift the protests to Washington D.C. to the Congress and House of Representatives and the Lawyers and Courts and drag them out into the streets and let mob rule!

That will get their attention, but really you don't have to go that far.

Stop rioting over police brutality and start protesting over evictions and homelessness and lockdowns and the intentional destruction of the economy; driving home the message that the government caused this crisis, not the virus.

That places the burden on the government to fix it.

Yes! Again this will be your chance ( the populace) to fix alot of the housing situation, I hope they take it, as well as placing a new era of accountability on their public servants.
Quote this message in a reply
LoP Guest
lop guest
User ID: 555681
08-02-2020 08:33 PM

 




Post: #15
RE: Solution to the Evictions/Homelessness Crisis
LoP Guest  Wrote: (08-02-2020 08:23 PM)
LoP Guest  Wrote: (08-02-2020 07:53 PM)
The fed is providing loans for all of them. Very few are getting cash without repaying it

Really? Then why when the banks got bailed out, they were suppose to lend that money, but instead they held onto it and were loath to offer people loans for years. They have no intention of ever repaying that money back and in fact will be back in line for another bailout every stimulus that comes.

If you are talking about the 2008 bailouts the banks paid that money back a decade ago:

https://duckduckgo.com/?t=ffab&q=Did+the...1-1&ia=web

with interest, the federal government actually turned a small profit on the deal.

The recent covid rescue funds went to corporations, small businesses and ordinary folks as stimulus checks and added unemployment.

But the big recipients were folks who own stocks because the fed/treasury spent several trillion goosing the stock market. In theory the fed will make money on that too, so it's a free way to protect the phantom wealth of the elite, for a while.
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