Let’s be real: some people want to live in lockdown forever because they fear and loathe ordinary people.
Archiv: middle class
Rep. Ilhan Omar Introduces Bill to Cancel All Rent and Mortgage Payments During the COVID-19 Pandemic
April 17, 2020
WASHINGTON— Rep. Ilhan Omar (D-MN) unveiled the Rent and Mortgage Cancellation Act, a bill to institute a nationwide cancellation of rents and home mortgage payments through the duration of the coronavirus pandemic. The bill would constitute a full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on their credit rating or rental history. The legislation will establish a relief fund for landlords and mortgage holders to cover losses from the cancelled payments and create an optional fund to fully finance the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments—in order to increase the availability of affordable housing during this downturn.
And I hear @IlhanMN has a bill to do just that! It’s an opportunity for Congress to help working people in an ambitious and meaningful way.
Revelatory, I know:
It’s absolutely time to #CancelRent
Battle brewing over how to get more relief money to Americans
Reducing payroll taxes is an idea championed by conservatives with connections to the president. They argue that it could be a way to encourage people to work …
Nearly 4 million homeowners are no longer paying their mortgages
Nearly 4 million people, or just over 7% of mortgage holders, have sought relief on their home loans as of April 30, according to housing data provider Black Knight. That’s up sharply from the beginning of March, when fewer than 150,000 mortgages were in forbearance.
The number is only expected to grow, with May payments due soon and with the nation’s unemployment rate expected to reach 15% to 20%.
Comedian Vic DiBitetto goes on an epic rant over government checks and mortgage payments
(23.04.2020)
The four-and-a-half minute rant has received over 1,600,000 views on YouTube, 158,000 likes on Reddit,
Rep. @AOC : „Here’s the path to canceling rent — we’re going to lay it out right here. WATCH: @RepAOC lays out a method by which rent and mortgages can be suspended to help both renters and mom and pop landlords.
3.4M homeowners skip payments; many are scared, say Congress needs to act
„They told me, yes, you can skip three months‘ payments,“ Gullo says. „But then they told me there was a balloon payment at the end of it.“ He was told that after three months, they’d have to come up with all the money for those skipped payments. So they’d suddenly owe four months of mortgage payments all at once — $14,000.
How Working-Class Life Is Killing Americans, in Charts
The combined result is a divergence in the life expectancy of white college graduates and non-graduates. Overall mortality for whites between the ages of 45 and 54 has held roughly steady in the last 25 years. But that average hides a big increase in death rates for non-graduates and a big decline for graduates.
What Separates Sanders From Warren (and Everybody Else)
In the Democratic primaries, only one candidate has deliberately chosen to use “working class” over “middle class.” Not surprisingly, that candidate is Sen. Bernie Sanders.
The arrogance and detachment of Corbyn’s middle class fan club was a factor in every seat Labour lost
The arrogance and detachment of Corbyn’s middle class fan club was a factor in every seat that Labour lost. And they were so away with the fairies that in a Bassetlaw they predicted a 1200 Labour majority on the eve of the election.
It is 95 years since Bassetlaw last elected a Conservative…