If you have a home, you should be glad that Dems got the Senate...

[Savago]

Yesterday was a day that started pretty well (at least until the coup attempt...), with the confirmation that the Democrats were taking control of the Senate.

I honestly think that a GOP led Senate would rather see the economy collapse when the mortgage payment moratorium ends in August this year than to do something to help the economy and the families of those Americans that are behind their mortgage payments, as Mitch McConnell is deeply invested in making any Democrat president to fail.

Needless to say that if all those houses that the owners are behind the monthly payment end up in the market, we would have a realestate meltdown version 2.0, accompanied by the many side effects like:
a) Lots of people unemployed.
b) Depressed economy.
c) Weaker dollar (compared to Euro, etc).
d) Decreased house ownership.

I'm sure that with a democratic president + senate + house something will be done to help those families to avoid loosing losing their homes.

Most importantly, with such low interest rates (and it should stay low for at least 1 - 2 years), that also means that if you own equity in a home, it is going to increase in value since hard assets are appreciating.

[baldo]

Yesterday was a day that started pretty well (at least until the coup attempt...), with the confirmation that the Democrats were taking control of the Senate.

I honestly think that a GOP led Senate would rather see the economy collapse when the mortgage payment moratorium ends in August this year than to do something to help the economy and the families of those Americans that are behind their mortgage payments, as Mitch McConnell is deeply invested in making any Democrat president to fail.

Needless to say that if all those houses that the owners are behind the monthly payment end up in the market, we would have a realestate meltdown version 2.0, accompanied by the many side effects like:
a) Lots of people unemployed.
b) Depressed economy.
c) Weaker dollar (compared to Euro, etc).
d) Decreased house ownership.

I'm sure that with a democratic president + senate + house something will be done to help those families to avoid loosing their homes.

Most importantly, with such low interest rates (and it should stay low for at least 1 - 2 years), that also means that if you own equity in a home, it is going to increase in value since hard assets are appreciating.

Yesterday started out so well. I was thrilled that Warnock won his seat and was waiting for Osoff's race to be called. Then the rest of the day went to crap.

A real roller coaster of a day.

Demoting McConnell goes a long way toward good things to happen. But he's not going to be sitting on his hands.

[Rams]

I suspect there will be more birthdays similar to your's yesterday.

When over 74 million people don't trust the election results because your side changed the rules for voting, there will be discontent and if there is sufficient discontent, such protests will follow.  Let's hope that doesn't happen and if it does, it remains a peaceful protest.   There are no guarantees.   Your side did everything it could from day one of the Trump administration to destroy it.   That could come back to haunt your side of the aisle.
President (elect) Biden will be given some time to see what he does but, if some of the things the Left side of the aisle wants get pushed through, expect a reaction.

Don't say you weren't warned.

Rams

[Wizzard]

One thing is for sure. Since the Dem's now have control for a least 2 years and maybe 4 then they have no excuse whatsoever if things don't go their way and improve as you say. Who can they blame then?

[Willow]

As to the title of the OP why would one assume that everyone who has a home has a mortgage or benefits from a mortgage payment moratorium?   I do have a mortgage and I have been making my payments all during this COVID-19 mitigation craziness.

BTW for many posters here if you want to be taken seriously you need to learn the spelling difference between lose and loose.   

[Bret SD]

Yesterday was a day that started pretty well (at least until the coup attempt...), with the confirmation that the Democrats were taking control of the Senate.

I honestly think that a GOP led Senate would rather see the economy collapse when the mortgage payment moratorium ends in August this year than to do something to help the economy and the families of those Americans that are behind their mortgage payments, as Mitch McConnell is deeply invested in making any Democrat president to fail.

Needless to say that if all those houses that the owners are behind the monthly payment end up in the market, we would have a realestate meltdown version 2.0, accompanied by the many side effects like:
a) Lots of people unemployed.
b) Depressed economy.
c) Weaker dollar (compared to Euro, etc).
d) Decreased house ownership.

I'm sure that with a democratic president + senate + house something will be done to help those families to avoid loosing their homes.

Most importantly, with such low interest rates (and it should stay low for at least 1 - 2 years), that also means that if you own equity in a home, it is going to increase in value since hard assets are appreciating.

Are you talking about the people who are in trouble with their homes because they can't work due to democratic governors shutting down the economy in their states?

Now we're to believe Democrats will save the day?

You can't make this stuff up.. Logic and Democrat can't possibly fit into the same sentence.

[Savago]

Yesterday started out so well. I was thrilled that Warnock won his seat and was waiting for Osoff's race to be called.

@baldo: I was thrilled too, it is rather surprising that he is the first African American senator elected in a former confederate State.

I wasn't aware of that fact, it is rather telling of what is the politics of former confederate States (specially given the higher percentage of African Americans in the population of the Southern States it is possible to question if those governments are truly representative of the majority of the people living there).

[Savago]

When over 74 million people don't trust the election results because your side changed the rules for voting...

@Rams: No my friend, those 74 million people don't trust the election system because *they were told to not trust* by 45th and his minions.

That is a stupid strategy, look what happened in Georgia with GOP loosing 2 seats.

[..]

Yesterday was a day that started pretty well (at least until the coup attempt...), with the confirmation that the Democrats were taking control of the Senate.

I honestly think that a GOP led Senate would rather see the economy collapse when the mortgage payment moratorium ends in August this year than to do something to help the economy and the families of those Americans that are behind their mortgage payments, as Mitch McConnell is deeply invested in making any Democrat president to fail.

Needless to say that if all those houses that the owners are behind the monthly payment end up in the market, we would have a realestate meltdown version 2.0, accompanied by the many side effects like:
a) Lots of people unemployed.
b) Depressed economy.
c) Weaker dollar (compared to Euro, etc).
d) Decreased house ownership.

I'm sure that with a democratic president + senate + house something will be done to help those families to avoid loosing their homes.

Most importantly, with such low interest rates (and it should stay low for at least 1 - 2 years), that also means that if you own equity in a home, it is going to increase in value since hard assets are appreciating.

DO YOU READ WHAT YOU WRITE BEFORE YOU POST.

Try reading what you wrote and apply some logic at the same time.

[baldo]

Yesterday started out so well. I was thrilled that Warnock won his seat and was waiting for Osoff's race to be called.

@baldo: I was thrilled too, it is rather surprising that he is the first African American senator elected in a former confederate State.

I wasn't aware of that fact, it is rather telling of what is the politics of former confederate States (specially given the higher percentage of African Americans in the population of the Southern States it is possible to question if those governments are truly representative of the majority of the people living there).

And Osoff is Jewish, the first to be elected in a Southern state in over 100 years.

https://www.haaretz.com/us-news/.premium.HIGHLIGHT-ossoff-s-expected-georgia-win-will-make-jewish-history-1.9428335

Interesting times.

[Savago]

As to the title of the OP why would one assume that everyone who has a home has a mortgage or benefits from a mortgage payment moratorium?   I do have a mortgage and I have been making my payments all during this COVID-19 mitigation craziness.

@Willow: I'm happy that Covid-19 didn't impact your finances.
 

Keep in mind though, that may not be the situation of all people living in your neighborhood. What happens if a lot of houses in your place are taken back by the bank? Wouldn't make sense the government to help those people (just like they always help banksters)?

When I say 'help' I think something like allowing people to resume the payments (instead of having to pay 12 months of mortgage in a lump sum) regularly or having them selling their properties and keeping the equity they paid.

[Savago]

And Osoff is Jewish, the first to be elected in a Southern state in over 100 years.

https://www.haaretz.com/us-news/.premium.HIGHLIGHT-ossoff-s-expected-georgia-win-will-make-jewish-history-1.9428335

Interesting times.

Agreed! Sign of progress if you ask me.
 

[Savago]

DO YOU READ WHAT YOU WRITE BEFORE YOU POST.

Try reading what you wrote and apply some logic at the same time.

Care to elaborate?
ps: no need to scream with CAPS.

[Valkorado]

Yesterday started out so well. I was thrilled that Warnock won his seat and was waiting for Osoff's race to be called.

@baldo: I was thrilled too, it is rather surprising that he is the first African American senator elected in a former confederate State.

I wasn't aware of that fact, it is rather telling of what is the politics of former confederate States (specially given the higher percentage of African Americans in the population of the Southern States it is possible to question if those governments are truly representative of the majority of the people living there).

I've always supported filling positions based mostly based on successful experience and in depth knowledge.  If I were filling important positions as CEO of a Fortune 500 company or even a Pentagon chief, content of character would be an important pre-employment prerequisite.  Color of skin wouldn't be a consideration.

[Bret SD]

Yesterday started out so well. I was thrilled that Warnock won his seat and was waiting for Osoff's race to be called.

@baldo: I was thrilled too, it is rather surprising that he is the first African American senator elected in a former confederate State.

I wasn't aware of that fact, it is rather telling of what is the politics of former confederate States (specially given the higher percentage of African Americans in the population of the Southern States it is possible to question if those governments are truly representative of the majority of the people living there).

I've always supported filling positions based mostly based on successful experience and in depth knowledge.  If I were filling important positions as CEO of a Fortune 500 company or even a Pentagon chief, content of character would be an important pre-employment prerequisite.  Color of skin wouldn't be a consideration.

That's racist man! <sarc>

[..]

DO YOU READ WHAT YOU WRITE BEFORE YOU POST.

Try reading what you wrote and apply some logic at the same time.

Care to elaborate?
ps: no need to scream with CAPS.

Nope, if you can't see the nonsense in what you wrote it's on you.

[Savago]

I've always supported filling positions based mostly based on successful experience and in depth knowledge.  If I were filling important positions as CEO of a Fortune 500 company or even a Pentagon chief, content of character would be an important pre-employment prerequisite.  Color of skin wouldn't be a consideration.

@Valkorado: I'm a strong supporter of meritocracy and I totally agree that the competence credentials and experience should be key for positions of power.

That being said, it is really easy to see that is *not* how the American society always works. There are biases by people who currently hold power and opportunities are denied to certain groups.

Since we are talking real estate, check this:
https://abc30.com/race-and-real-estate-housing-discrimination-appraisal-black/7023397/

[Gavin_Sons]

I own a home and i hate that the democrats won anything.  But we all know they cheated to get there. My payments are made on time every month,  actually early every month.  I don't need government handouts for me to keep living.  Never have needed the government and never will.  All of them are crooks and cheaters.  That goes for both parties.  I have zero faith in our government to do what is right for the people.  I hope there is a revolution. Big government needs to be pit into check. I loved the fact that our elected officials were in fear yesterday, they work for us and they were reminded of that.  

[Willow]

@Willow: I'm happy that Covid-19 didn't impact your finances.
 

Keep in mind though, that may not be the situation of all people living in your neighborhood. What happens if a lot of houses in your place are taken back by the bank? Wouldn't make sense the government to help those people (just like they always help banksters)?

When I say 'help' I think something like allowing people to resume the payments (instead of having to pay 12 months of mortgage in a lump sum) regularly or having them selling their properties and keeping the equity they paid.  

I guess you blew past my point that your title indicated that if you have a home you should be glad the Dems got the Senate.  It's not necessarily so.

I have been financially impacted by the COVID-19 attempted mitigations.  Not the least of impacts is that the renters of what should have been my retirement investment to sell have remained in my rental property and have not paid any rent since March of 2020.  We're making progress on that.  I have been blessed by circumstances given me to overcome the impacts that have been thrust upon me.  God is good.

[Savago]

I have been financially impacted by the COVID-19 attempted mitigations.  Not the least of impacts is that the renters of what should have been my retirement investment to sell have remained in my rental property and have not paid any rent since March of 2020.  We're making progress on that.

Damn, that is pretty rough. I hope you manage to kick out the bad renters and find yourself a good tenant (I'm renting the same house for 7 years and never delayed a single month payment).
 

[Wizzard]

I have been financially impacted by the COVID-19 attempted mitigations.  Not the least of impacts is that the renters of what should have been my retirement investment to sell have remained in my rental property and have not paid any rent since March of 2020.  We're making progress on that.

Damn, that is pretty rough. I hope you manage to kick out the bad renters and find yourself a good tenant (I'm renting the same house for 7 years and never delayed a single month payment).
 

Do you know anyone who has even tried kicking out renters right now? It's almost impossible.

[Rams]

When over 74 million people don't trust the election results because your side changed the rules for voting...

@Rams: No my friend, those 74 million people don't trust the election system because *they were told to not trust* by 45th and his minions.

That is a stupid strategy, look what happened in Georgia with GOP loosing 2 seats.

I realize you will never be convinced so,  I won't bother to even debate it.   

Rams

[The emperor has no clothes]

One thing is for sure. Since the Dem's now have control for a least 2 years and maybe 4 then they have no excuse whatsoever if things don't go their way and improve as you say. Who can they blame then?

You are absolutely right. It's time to deliver now. From the picks he has made for his cabinet, I feel pretty confident. Now let's see if the House and the Senate can pull their heads out of their asses ?

[Savago]

Do you know anyone who has even tried kicking out renters right now? It's almost impossible.

It is tough but it seems to be possible.

Basically depending on the county there may be some local ordinances that can be exploited (e.g. littering, hoarding, etc).

I guess nothing stops you from showing up with a biker gang and park in front of the house?
 

[98valk]

amazing that the OP doesn't even know the dems will implement UN 21 agenda which will ban property ownership and gun ownership. remember this OP and your  pro dem buddies that post also. be brave and go to the link and learn their plans for u and all.

The whole premise of Agenda 21 is based on the belief that the world’s industrial powers are destroying the environment by causing “global warming” and only by radically altering the way we live can the planet be saved from our destructive selves. The aim is to eliminate private property rights, remove man’s footprint from the rural parts of the world and herd them into the cities, control populations, and force us to live under their rule by ensuring all nations are completely disarmed. Many will balk at this; however, as I said before we intend to resort right to the source of U.N. materials which are out there in plain sight for all to see.
Let’s start with the recent attacks we have seen against private land ownership in the United States more specifically, the way our cities are rezoning the land we own and exercising more and more power over it. Communism has a long history of denying people the right to own private property, in fact, the Soviet Union removed all farmers from their land and forced them into stacked apartment complexes in the name of preserving the environment and collectivism. The United States constitution guarantees the rights of individuals to own property because property ownership is the very vehicle in which private wealth is created.

Trending: Obama Admin & Media Make Claim Of Hitler: Children Don’t Belong to Their Parents

The U.N., and the rest of today’s communists are attacking the rights of property ownership precisely for that reason. They believe that when individuals own property, the wealth created by doing so is used for selfish reasons that only benefit the property owner, and thus, owning property only contributes to the creation and sustainment of poverty. Let’s look at an excerpt from the United Nations Conference on Human Settlements-
https://freedomoutpost.com/agenda-21-simplified-eradication-private-property-rights/

[baldo]

One thing is for sure. Since the Dem's now have control for a least 2 years and maybe 4 then they have no excuse whatsoever if things don't go their way and improve as you say. Who can they blame then?

You are absolutely right. It's time to deliver now. From the pics he has made for his cabinet, I feel pretty confident. Now let's see if the House and the Senate can pull their heads out of their asses ?

And let's keep an eye on attempts by McConnell and his crew to obstruct Biden's efforts. He's proven to be a master, and just because he's now the Minority Leader, don't think he has no influence.

Watch this space.

[The emperor has no clothes]

One thing is for sure. Since the Dem's now have control for a least 2 years and maybe 4 then they have no excuse whatsoever if things don't go their way and improve as you say. Who can they blame then?

You are absolutely right. It's time to deliver now. From the pics he has made for his cabinet, I feel pretty confident. Now let's see if the House and the Senate can pull their heads out of their asses ?

And let's keep an eye on attempts by McConnell and his crew to obstruct Biden's efforts. He's proven to be a master, and just because he's now the Minority Leader, don't think he has no influence.

Watch this space.

You are probably right. But McConnel might have just experienced a "come to Jesus moment". Regardless, him with less power is always going to be a good thing.

[baldo]

One thing is for sure. Since the Dem's now have control for a least 2 years and maybe 4 then they have no excuse whatsoever if things don't go their way and improve as you say. Who can they blame then?

You are absolutely right. It's time to deliver now. From the pics he has made for his cabinet, I feel pretty confident. Now let's see if the House and the Senate can pull their heads out of their asses ?

And let's keep an eye on attempts by McConnell and his crew to obstruct Biden's efforts. He's proven to be a master, and just because he's now the Minority Leader, don't think he has no influence.

Watch this space.

You are probably right. But McConnel might have just experienced a "come to Jesus moment". Regardless, him with less power is always going to be a good thing.

I'll believe it when I see it.

But I'll tell you what. I can't describe how good it is to know that the committee Chairs will be Dems and Cabinet nominees will have a better than even shot at approval.

I'm looking forward to better times ahead.

[OnaWingandaPrayer]

So the fact that I own my home ( no more payments ) All I see ahead is inflation as they keep printing money to give away. I guess I just sit back and watch my retirement value dwindle away because of inflation . I must be missing the magic potion ?

[98valk]

So the fact that I own my home ( no more payments ) All I see ahead is inflation as they keep printing money to give away. I guess I just sit back and watch my retirement value dwindle away because of inflation . I must be missing the magic potion ?

refinance and take as much cash out as u can. let the bank take the risk and not u.  then put your money into different interest paying accounts and make house payments. if things do get bad u can walk away with your money.

this leading financial guy has been preaching for yrs never pay off the house let the bank hold the risk.
https://www.edelmanfinancialengines.com/

God Bless. ask for wisdom.

[Savago]

I'm looking forward to better times ahead.

@meathead: I'm with baldo here, I think Mitch is beyond salvation. But I'm optimistic now that we will have better times ahead.

[Rams]

But I'll tell you what. I can't describe how good it is to know that the committee Chairs will be Dems and Cabinet nominees will have a better than even shot at approval.

I'm looking forward to better times ahead.

Just had to quote this.  I hope you're right but, have my doubts.

Rams

[Serk]

I have been encouraging Kali to join the military.

Knowing how much Democrats LOVE starting and keeping us in endless unnecessary wars, starting to rethink that decision.

 

[Savago]

I have been encouraging Kali to join the military.

I recommend you to discourage her to join the military.

She seems like a bright, young and talented woman and we really need good talent in this country to help us to rebuild after the Covid-19 plague.

If it was my daughter, I would suggest her to pursue a career in a high demand field (e.g. Software Engineering, Law School, Medicine, Nursing, etc).

[Serk]

I have been encouraging Kali to join the military.

I recommend you to discourage her to join the military.

She seems like a bright, young and talented woman and we really need good talent in this country to help us to rebuild after the Covid-19 plague.

If it was my daughter, I would suggest her to pursue a career in a high demand field (e.g. Software Engineering, Law School, Medicine, Nursing, etc).

She has my penchant for hatred of formal schooling, and we can't afford to help her through college, so discouraging college.

I lucked out in being able to fall into a decent career in IT with natural skills and self learned skills, that's almost impossible now, most entry level IT stuff has been offshored, discouraging her from IT, besides she doesn't have "The Knack" for IT.

Medical would be good, high demand, can't be offshored, but that school thing.

Not sure what we'll encourage her to do if she chooses against military. Still hoping for that, we'll see how much of a war monger Biden/Harris is the first few months. Hopefully he allowed the end of the Afghanistan War that President Trump has initiated, I'm kinda using that and the drawdown of US troops in Germany as my litmus test. We'll see....

[Willow]

I have been encouraging Kali to join the military.
...

A military life experience is good for young people and it does offer great opportunities for help with higher education.

There is a commitment involved with real military service but even in today's world the cashing of that check is a remote possibility for females.

[Robert]

Under Obama more houses were lost even though there was trillions in stimulas money.

He promised but could not deliver..

He gave the money to those who had money and I watched many that bought houses without the strict finance polices of the past and because of the loosened mortgage policies made under Carter that said everyone should own a home, come back and bite the US.

He could not even get the banks to extend the mortgages.

He did not have a clue how to work the system.

Stopping rent or mortgage only makes the people who need the money to pay their own bills default.

Obama could not work the system and even in jobs did not have a clue how to make them.

WE the people paid for the failed liberal policies and inability of current admins to follow through on the good will policies of the past without taxing many for these failures. Like the bail out of Fannie Mae and Freddie Mac

I dont know if you were here during the recession but you need to look at Obama's failed policies and understand that promises, ideas, even caring does not get you the results you want. Its knowing the system and knowing how to apply changes that don't put the whole system and people in peril.

Money given out or stopped to help others only made the national debt more did not stop the loss of jobs or housing and the failed promises only soured many to the help of government. Many also learned like Obama care that it came at the cost of many who could not afford it and not at the cost of providers.

So to the OP stop dreaming since we already have the perfect example of failed policies from those in government who have not a clue how to get it running and how to make jobs without taxing someone else.

Trump was the only one I have seen who knew how to deliver on promises to keep the system running and keep everyone at work. Like the old days many trusted him because he knew how to cut a deal and they hoped it would work out for them also since there was trust in a deal maker and not just legislation and giving away others money.

I can find the clip of Obama ranting how was Trump going to make jobs and in hindsight that's exactly what he did much to the embarrassment of Obama and that rant. 

Obama is only the most recent person to use as an example, its not a personal and its easy to find the biggest give aways, Obama care and the bail out and see they both FAILED BIG TIME.

I await to hear how then your post makes any sense at all and how they are going to make things work out that they have not been able to in 40 years, since that is how long most of them have been in public service and been on our payroll and things have only gotten worse and put us to the point we are at today.

Insanity by definition is doing the same thing and expecting different results.

In 2007, Fannie Mae and Freddie Mac began to experience large losses on their retained portfolios, especially on their Alt-A and subprime investments.12 In 2008, the sheer size of their retained portfolios and mortgage guarantees led the FHFA to conclude that they would soon be insolvent.

If those in government could understand all the variables that went into this colossal failure then maybe there would be hope. But even if they did could they have the courage to not still enact it and use it as a ploy to buy votes and kick the can down the road of financial responsibility and solvency. Because its US the tax payer that pays.

OH BTW under the bail out which was under Obama he had FULL CONTROL to do with what he wanted. So NOW lets hear what you have to say.

[Jess from VA]

I own a home (outright).

And I'm as happy about the Dems getting the Senate as I was to get biopsy of my prostate. 

Although that forcible sodomy was only once and with my consent (and he used plenty of lube).

Unlike the forcible sodomy that will soon be coming from the Fed.

If you read closely, you discover forcible sodomy is an integral part of the dem party platform.

[98valk]

Under Obama more houses were lost even though there was trillions in stimulas money.

He promised but could not deliver..

He gave the money to those who had money and I watched many that bought houses without the strict finance polices of the past and because of the loosened mortgage policies made under Carter that said everyone should own a home, come back and bite the US.

He could not even get the banks to extend the mortgages.

He did not have a clue how to work the system.

Stopping rent or mortgage only makes the people who need the money to pay their own bills default.

Obama could not work the system and even in jobs did not have a clue how to make them.

WE the people paid for the failed liberal policies and inability of current admins to follow through on the good will policies of the past without taxing many for these failures. Like the bail out of Fannie Mae and Freddie Mac

I dont know if you were here during the recession but you need to look at Obama's failed policies and understand that promises, ideas, even caring does not get you the results you want. Its knowing the system and knowing how to apply changes that don't put the whole system and people in peril.

Money given out or stopped to help others only made the national debt more did not stop the loss of jobs or housing and the failed promises only soured many to the help of government. Many also learned like Obama care that it came at the cost of many who could not afford it and not at the cost of providers.

So to the OP stop dreaming since we already have the perfect example of failed policies from those in government who have not a clue how to get it running and how to make jobs without taxing someone else.

Trump was the only one I have seen who knew how to deliver on promises to keep the system running and keep everyone at work. Like the old days many trusted him because he knew how to cut a deal and they hoped it would work out for them also since there was trust in a deal maker and not just legislation and giving away others money.

I can find the clip of Obama ranting how was Trump going to make jobs and in hindsight that's exactly what he did much to the embarrassment of Obama and that rant. 

Obama is only the most recent person to use as an example, its not a personal and its easy to find the biggest give aways, Obama care and the bail out and see they both FAILED BIG TIME.

I await to hear how then your post makes any sense at all and how they are going to make things work out that they have not been able to in 40 years, since that is how long most of them have been in public service and been on our payroll and things have only gotten worse and put us to the point we are at today.

Insanity by definition is doing the same thing and expecting different results.

In 2007, Fannie Mae and Freddie Mac began to experience large losses on their retained portfolios, especially on their Alt-A and subprime investments.12 In 2008, the sheer size of their retained portfolios and mortgage guarantees led the FHFA to conclude that they would soon be insolvent.

If those in government could understand all the variables that went into this colossal failure then maybe there would be hope. But even if they did could they have the courage to not still enact it and use it as a ploy to buy votes and kick the can down the road of financial responsibility and solvency. Because its US the tax payer that pays.

OH BTW under the bail out which was under Obama he had FULL CONTROL to do with what he wanted. So NOW lets hear what you have to say.

the '08 housing and stock market crash was caused by The Dodd–Frank Wall Street Reform and Consumer Protection Act which re-enforced the bad policy started by carter and pushed along by clinton into the T-F.   They are all democrats.

I posted this last yr. This is part of UN 21 and 2030 Agendas.   Both parties embrace UN agendas, for their personal power and wealth. prepare thy self.

The ex-veep wants to ramp up an Obama-era social engineering scheme called Affirmatively Furthering Fair Housing that mercifully barely got underway before President Trump took office, vowing to stop it.

Biden’s plan is to force suburban towns with single-family homes and minimum lot sizes to build high-density affordable housing smack in the middle of their leafy neighborhoods — local preferences and local control be cursed.

Starting in 2015, President Barack Obama’s Department of Housing and Urban Development floated a cookie-cutter requirement for “balanced housing” in every suburb. “Balanced” meant affordable even for people who need federal vouchers. Towns were obligated to “do more than simply not discriminate,” as a 2013 HUD proposal explained. Rather, towns had to make it possible for low-income minorities to choose suburban living and provide “adequate support to make their choices possible.”

Had the rule been implemented nationwide, towns everywhere would have had to scrap zoning, build bigger water and sewer lines to support high-density living, expand schools and social services and add mass transit. All pushing up local taxes. Towns that refused would lose their federal aid.

The rule was one of the worst abuses of the Obama-Biden administration — a raw power grab masquerading as racial justice.
https://nypost.com/2020/07/21/joe-bidens-disastrous-plans-for-americas-suburbs/

[Robert]

OH BTW under the bail out which was under Obama he had FULL CONTROL to do with what he wanted. So NOW lets hear what you have to say.
[/quote//]


Had the rule been implemented nationwide, towns everywhere would have had to scrap zoning, build bigger water and sewer lines to support high-density living, expand schools and social services and add mass transit. All pushing up local taxes. Towns that refused would lose their federal aid.

The rule was one of the worst abuses of the Obama-Biden administration — a raw power grab masquerading as racial justice.
https://nypost.com/2020/07/21/joe-bidens-disastrous-plans-for-americas-suburbs/

There is a booklet out that the local CRA give out loans in accordance with the plans long ago laid out in this government issued booklet. One of the provisions was if a local did not have enough low income housing they had to pay for it or give houses away. The budget is given from this agency is taken away from the main benefit the city would recieve for the most part. I have seen them dole out money for various projects that are dubious as to the betterment of the locals.

Welcome to the democrat/communistic/one world order and nothing and I mean nothing is beneficial or has been beneficial to the common middle class person in this agenda. I am very interested what Savago has to say about all this since he sings the praise of this system.

https://www.idrc.ca/sites/default/files/openebooks/448-2/index.html


https://idl-bnc-idrc.dspacedirect.org/bitstream/handle/10625/12885/IDL-12885.pdf?sequence=1

http://iagenda21.com/pdfs/

Essentially all these programs destroys the system that this country was founded on, its more than an environmental move but a social and government guidance to redirect the power, resources, and rights of the individual to basically a failed system called communism or social democratic system