Posted on 03/22/2021 10:36:27 AM PDT by John Semmens
Rep. Ilhan Omar (D-Minn) has introduced legislation—The Rent and Mortgage Cancellation Act—that would cancel rent and mortgages nationwide through the duration of the coronavirus pandemic. Her bill would grant full payment forgiveness and bar any negative impact on credit ratings. The bill is cosponsored by Rep. Cori Bush (D-Mo) and Rep. Jerrod Nadler (D-NY).
"The need for this legislation was made clear by a ruling from a Texas judge that declared the Centers for Disease Control's moratorium on evictions during the pandemic is unconstitutional," Omar said. "Millions of Americans are now at risk of homelessness because of one inhuman judge."
Omar brushed aside claims that it was the draconian and illegal shutdowns imposed by governments around the nation that created the crisis, saying "governors did what they had to do to save people from the virus. They shouldn't be second-guessed by those who wish they hadn't done what they did."
"As for the property owners and the lenders who have lost income due to the moratorium, they too are victims of capitalism," the Congresswoman contended. "The whole idea of property ownership is a flawed concept. Ultimately, we have to replace it with a more equitable system where the government provides housing based on need. Everyone would have the same landlord. The struggle to find a place to live would be ended. Your housing allotment would be given to you. You'd be free to devote your energies to strive to meet the needs of the collective. Likewise, the notion of exploiting this basic need by charging rent would be abolished. Each and every person would work for the betterment of humanity at the tasks assigned to them by the government."
If you missed any of the other Semi-News/Semi-Satire posts you can find them at...
http://www.gopbriefingroom.com/index.php?topic=432038.0
Just another idiot that is trying to destroy capitalism in favor of highly successful socialism...oh wait..Bwhahahahaha
soooo... is this satire or semi-satire? If only partial, which part?
We live in a time where satire and reality are indisernable. I have read topic headings in this forum where I thought for sure they were Babylon Bee, but were actually real.
[[Her bill would grant full payment forgiveness]]
Yeah? She gonna suggest forgiveness when the building owners can’t pay their mortgages?
If they include big payments to us that worked hard and paid off our mortgage I might consider it.
Realistically, I can see the government offering landlord bailouts conditioned on making the units Section 8.
I could go for this if the bill included taxes in its ban. ALL taxes. That would put the private and public sectors on an equal footing.
Of course the landlords will have to put a number of the new illegals in their rentals.
You must not own any property.
This will lead to the State owning it all. If you own an apartment or rental property, it is now worthless. If you have a mortgage on your house, you will not have any ability to refi or remodel.
Marking down the path to full Marxism.
I’m a landlord. If tenants can stop paying me rent, then why can’t I stop paying my mortgage? It’s absolutely insane. For that matter, why stop at homes? Why don’t all of the car loan companies get put on notice, too? And, we can add credit card companies as well, and, hey, if we keep going down this route, why do we have to pay the IRS. If the banks, landlords, and everyone else has to suffer, then these politicians can pull up their boot straps as well.
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