If it hadn’t been for those stupid go-nowhere stimuluses there might actually be room for something like this. But the card is maxed out and the lenders are sending out dunning letters.
So what’s the intent here? Is it to pay off everyone’s mortgage, give us all new government backed mortgages? Is this a government takeover of all existing mortgages?
Where does the money come from to pay off everyone’s mortgage and then start them over with a new mortgage? That will cost into the trillions of dollars up front. Who has that kind of money? (The US Treasury does not have that kind of money, as we’re running trillion dollar plus deficits now. There is no money in the government checking account)
We’re being run by the “Outfit”. Dumbasses never really considered “US”. Will be swift, but brutal.