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Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!

 
Don Draper from Nantucket
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07/29/2021 11:19 AM

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Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
[link to www.zerohedge.com (secure)]


President Biden has asked Congress to extend an eviction moratorium set to expire on Saturday, saying in a statement that while he would have strongly supported a decision by the CDC to do so, "the Supreme Court has made clear that this option is no longer available."



"In June, when the CDC extended the eviction moratorium until July 31, the Supreme Court's ruling stated that "clear and specific congressional authorization (via new legislation) would be necessary..."


"For nearly 11 months, the CDC's eviction moratorium has served as a critical backstop to prevent hard-pressed renters and their families who lost jobs or income due to the COVID-19 pandemic from being evicted for nonpayment of rent," reads a Thursday statement by the White House.

"In light of the Supreme Court's ruling, the President calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay."
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
WatchingWatchers

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07/29/2021 11:20 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
1 John 5:19 - And we know that we are of God, and the whole world lieth in wickedness.
Don Draper from Nantucket  (OP)

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07/29/2021 11:22 AM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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07/29/2021 11:29 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


Ever since the rigged election it's gone downhill, all bets are OFF!
Things will never be the same...
~Jazz~Moderator
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07/29/2021 11:31 AM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


We've crossed from clown town to the outer limits of the freak zone.
To know where your heart is, look where your mind goes when it wanders.

A rock in bad hands killed Abel. A rock in good hands killed Goliath. It isn't about the rock.

A true warrior fights not because he hates the one in front of him, but because he loves those behind him.

INTP-A
REaliZe

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07/29/2021 11:40 AM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
There's. A. H0le. In. The. Sky.
Anonymous Coward
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07/29/2021 11:40 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
What are the odds this gets passed in the house with 3 days left and the weekend coming up?

They are going to pass their 1.2 trillion dollar infrastrucutre bill and let 10% of Americans become homeless at the same time. Kinda overshadows any success of an infrastructure bill.

What will be the repercussions of eliminating the moratorium? Will home prices plunge over the next couple months. I am guessing YES and already seeing it happen, even in Florida. Houses are staying up longer and more sellers are reducing their prices.
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07/29/2021 11:41 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
 Quoting: REaliZe


BINGO!!!!
Anonymous Coward
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07/29/2021 11:43 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
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07/29/2021 11:45 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
[link to www.zerohedge.com (secure)]


President Biden has asked Congress to extend an eviction moratorium set to expire on Saturday, saying in a statement that while he would have strongly supported a decision by the CDC to do so, "the Supreme Court has made clear that this option is no longer available."



"In June, when the CDC extended the eviction moratorium until July 31, the Supreme Court's ruling stated that "clear and specific congressional authorization (via new legislation) would be necessary..."


"For nearly 11 months, the CDC's eviction moratorium has served as a critical backstop to prevent hard-pressed renters and their families who lost jobs or income due to the COVID-19 pandemic from being evicted for nonpayment of rent," reads a Thursday statement by the White House.

"In light of the Supreme Court's ruling, the President calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay."
 Quoting: Don Draper from Nantucket


Well he cares about keeping people in there homes unlike the GQP.
The_Last_Centurion

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07/29/2021 11:47 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Here comes another lockdown.
Reality Czar dodger007

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07/29/2021 11:49 AM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
[link to www.zerohedge.com (secure)]


President Biden has asked Congress to extend an eviction moratorium set to expire on Saturday, saying in a statement that while he would have strongly supported a decision by the CDC to do so, "the Supreme Court has made clear that this option is no longer available."



"In June, when the CDC extended the eviction moratorium until July 31, the Supreme Court's ruling stated that "clear and specific congressional authorization (via new legislation) would be necessary..."


"For nearly 11 months, the CDC's eviction moratorium has served as a critical backstop to prevent hard-pressed renters and their families who lost jobs or income due to the COVID-19 pandemic from being evicted for nonpayment of rent," reads a Thursday statement by the White House.

"In light of the Supreme Court's ruling, the President calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay."
 Quoting: Don Draper from Nantucket


Sure Joe, but only if it applies to tenants in federally owned property
Otherwise Congress is “ taking” private property for housing and not even compensating the owners with debt and tax relief.

Violates 5th Amendment, aka Takings Clause

[link to constitutioncenter.org (secure)]
You can count on America to do the right thing after exhausting every other alternative."
Winston Churchill
Limpan

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07/29/2021 11:49 AM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


Ever since the rigged election it's gone downhill, all bets are OFF!
Things will never be the same...
 Quoting: Anonymous Coward 80673462




Spot On


hesright
Anonymous Coward
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07/29/2021 11:51 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Here comes another lockdown.
 Quoting: The_Last_Centurion


That's exactly what I get from this.
Original Bunnyswanson

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07/29/2021 11:53 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
The goal is to foreclose on small investors.
The price of liberty and even of common humanity is eternal vigilance.” —Aldous Huxley

For the waywardness of the simple will kill them, and the complacency of fools will destroy them. Proverbs
Anonymous Coward
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07/29/2021 11:54 AM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
 Quoting: REaliZe


Gotta keep it going till 11/6/2022 so they can get re-elected again.

That's gonna be tough.
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07/29/2021 12:03 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
So, lets say I rent a house and I can't make as income from renting it because of this, it's no use to me, and costing me property taxes and insurance, I'm loosing money. All a long my Property/House is going down in value. I can't Evict, can I sale it with people living it? To a nice Asset Company like Blackrock?
Anonymous Coward
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07/29/2021 12:05 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
[link to www.zerohedge.com (secure)]


President Biden has asked Congress to extend an eviction moratorium set to expire on Saturday, saying in a statement that while he would have strongly supported a decision by the CDC to do so, "the Supreme Court has made clear that this option is no longer available."



"In June, when the CDC extended the eviction moratorium until July 31, the Supreme Court's ruling stated that "clear and specific congressional authorization (via new legislation) would be necessary..."


"For nearly 11 months, the CDC's eviction moratorium has served as a critical backstop to prevent hard-pressed renters and their families who lost jobs or income due to the COVID-19 pandemic from being evicted for nonpayment of rent," reads a Thursday statement by the White House.

"In light of the Supreme Court's ruling, the President calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay."
 Quoting: Don Draper from Nantucket


Well he cares about keeping people in there homes unlike the GQP.
 Quoting: Anonymous Coward RT


If it was "there" (sic) property why would the pretendent need do anything? He is clearly discriminating against property owners. To arbitrarily ignore the concept of equal protection under the law is typical commie mindset. Take resources away from one class and give it free to those that didn't earn it in exchange for votes.

Elections coming next year so the odds are good the left will fuck property owners some more on behalf of their freeloading voter base.
Anonymous Coward
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07/29/2021 12:09 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is a fun subject no one talks about. As soon as those evictions and foreclosures are given the green light every property in the US will plummet in value. The repercussions from that will cripple the economy in short order.
Anonymous Coward
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07/29/2021 12:10 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Well he cares about keeping people in there homes unlike the GQP.
 Quoting: Anonymous Coward RT


Everybody cares about keeping people in their homes.

Therefore he should not interfere with the peoples business by enforcing mandatory lockdowns, which trigger supply chain breakdowns, etc.

People can protect themselves however they see fit, with the CDC's ADVICE as a coach, not as an enforcement agency.

Then these people could have continued to pay rent just like everyone else. If they need a job, go find one. There are millions of them out there now that the federal government is PAYING people to stay home.

The people that are having problems paying rent can also pay rent with the money that the fed is giving them to stay home.

I don't see the problem here other than MISINFORMATION being SPREAD ON PURPOSE by the demon controlled MSM.


This is all a well constructed plan to starve the people of money by shutting down commerce, to bankrupt the nation, to bring on the 'great reset' for a one world satanic controlled government, and to effectively force the republican/conservatives to either bail out the renters, due to the leftist/communists ploy, or look bad and be ridiculed for not having a 'heart'.

Its a good plan, allowed to executed because the people are being bad and are being punished.

Now that all conservatives must either be vaccinated or leave their federal government positions, the government will soon be totally controlled by the leftists, in less than a month.

Rapture in 3... 2... 1....
Anonymous Coward
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07/29/2021 12:14 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


We've crossed from clown town to the outer limits of the freak zone.
 Quoting: ~Jazz~


“The Freak Zone”

These people are crazy.

epiclol
Anonymous Coward
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07/29/2021 12:15 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
[link to www.zerohedge.com (secure)]


President Biden has asked Congress to extend an eviction moratorium set to expire on Saturday, saying in a statement that while he would have strongly supported a decision by the CDC to do so, "the Supreme Court has made clear that this option is no longer available."



"In June, when the CDC extended the eviction moratorium until July 31, the Supreme Court's ruling stated that "clear and specific congressional authorization (via new legislation) would be necessary..."


"For nearly 11 months, the CDC's eviction moratorium has served as a critical backstop to prevent hard-pressed renters and their families who lost jobs or income due to the COVID-19 pandemic from being evicted for nonpayment of rent," reads a Thursday statement by the White House.

"In light of the Supreme Court's ruling, the President calls on Congress to extend the eviction moratorium to protect such vulnerable renters and their families without delay."
 Quoting: Don Draper from Nantucket


Well he cares about keeping people in there homes unlike the GQP.
 Quoting: Anonymous Coward RT


Yes...Xiden, and all of Big Government, Big Pharma, Big Tech, the International Monetary Fund (IMF), China, and MSM all care about people...they want nothing but the best for everyone. /sarc

epiclol


They've already won, folks.

50% of the population is as dense and out of touch with reality as this clown above ^^^

tard
Anonymous Coward
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07/29/2021 12:18 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is a fun subject no one talks about. As soon as those evictions and foreclosures are given the green light every property in the US will plummet in value. The repercussions from that will cripple the economy in short order.
 Quoting: Anonymous Coward 74439342


Don't think so. People want out of risky investments and see properties as a safe haven. Mortgage rates are low and many buyers are paying CASH. Hard for a thief to put a house in their pocket and walk away with it. Bonds pay next to nothing, stocks are at near record highs, government threatening to go cashless with crypto and the precious metals market is highly rigged and manipulated by mega banks on behalf of government to protect the dollar.

I do think houses are over priced in some markets so some loses will be taken but overall it's a decent place to park some cash for the time being.
Anonymous Coward
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07/29/2021 12:34 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
 Quoting: REaliZe


Gotta keep it going till 11/6/2022 so they can get re-elected again.

That's gonna be tough.
 Quoting: Anonymous Coward 78676308


Harder to vaccinate people when they are migrant on the streets, easier when they are housed
Trio

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07/29/2021 12:37 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
An 11th hour ask is all for show. Fake potus. Fake gesture. Fake Gov.
Your perception of me is a reflection of you.
I've got a front row seat to the end of the world.
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Don Draper from Nantucket  (OP)

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07/29/2021 12:40 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
What are the odds this gets passed in the house with 3 days left and the weekend coming up?

They are going to pass their 1.2 trillion dollar infrastrucutre bill and let 10% of Americans become homeless at the same time. Kinda overshadows any success of an infrastructure bill.

What will be the repercussions of eliminating the moratorium? Will home prices plunge over the next couple months. I am guessing YES and already seeing it happen, even in Florida. Houses are staying up longer and more sellers are reducing their prices.
 Quoting: Anonymous Coward 80203575


That's what had me thinking this morning about the urgency they are displaying regarding the Trillion dollar inf. bill
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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07/29/2021 12:40 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
An 11th hour ask is all for show. Fake potus. Fake gesture. Fake Gov.
 Quoting: Trio


clappa
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
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07/29/2021 12:42 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
 Quoting: REaliZe

:adjmeme:
T2256

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07/29/2021 12:42 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


DOn't expect bankers to step in on the renter/owner suicide pact.

Now 60~90% of the rental market is set to fill those moving vans...

bump
T2256
Let freedom ring in your heart!
Open all the doors!

Stay tuned for more episodes of the TEOSIRNADU!

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


Ever since the rigged election it's gone downhill, all bets are OFF!
Things will never be the same...
 Quoting: Anonymous Coward 80673462


Ever since the rigged election!?!?!?
StayCurious

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
It's very interesting because Biden knows he cannot attempt a lockdown again if the moratorium is over. The only way people are going to start working and improving their income is if the stimulus is gone and they face eviction. I hope he is unsuccessful in extending it. July was supposed to be the "last time" it was extended.





GLP