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September 4, 2020 at 8:35 pm

The Fed Provides an Unlimited Money Lifeline to Wall Street; 30 Million Americans Facing Eviction Get a No-Money 4-Month Plan…

Housing_Insecurity_by_Family_Type
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Eviction Protest in New Orleans on July 30, 2020

Eviction Protest in New Orleans on July 30, 2020

Happy New Year – here’s your eviction notice. That’s how tens of millions of struggling Americans have been set up to fail as the one percent on Wall Street, propped up by unlimited money from the Fed, ring in the New Year with Tiffany flutes of Dom Perignon in their Greenwich mansions.

According to a recent study published by The Aspen Institute, 30 to 40 million Americans will be at risk of eviction over the next several months.

The Centers for Disease Control and Prevention (CDC) has been dragged into the eviction morass because Democrats and Republicans in Congress cannot find common ground on a meaningful plan.

On Tuesday, the CDC issued an order that bans landlords from evicting tenants that cannot afford to pay rent due to a pandemic-related job loss or income reduction. The CDC action follows an executive action from President Donald Trump on August 8 that ordered the CDC to study the eviction issue.

The CDC ban covers a renter who expects to earn less than $99,000 this year or joint-filers that expect to make less than $198,000.

To gain relief, renters have to sign a government designed form attesting that their plight is related to the pandemic; that they would be homeless or forced into crowded living facilities if evicted; that they “have used best efforts to obtain all available government assistance for rent or housing”; and that they “understand that at the end of this temporary halt on evictions on December 31, 2020, my housing provider may require payment in full for all payments not made prior to and during the temporary halt and failure to pay may make me subject to eviction pursuant to state and local laws.”…

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