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Smoke & Mirrors; not much else (it's all UNFUNDED by CONGRESS)
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...really, this is nothing more than a substitute for CAMPAIGN RALLIES that DJT can't get off the ground (and IT IS ALL DUE to his own arrogance and inaction in the early days of the covid-19 pandemic). ROTF   :rotf:
quote:
Mr. Trump said Friday he would extend the eviction moratorium. People familiar with the matter said he would sign an executive action that would aim to prevent families from being evicted due to Covid-19.

Housing experts say the best way to prevent a wave of evictions—and a domino effect of defaults and foreclosures by landlords—would be for Congress to enact a nationwide eviction moratorium and appropriate money for rental assistance.

But there are potential stopgaps that might protect at least some renters.

Regulators could potentially instruct government mortgage corporations to offer landlords forbearance on their monthly mortgage payments if their tenants can’t pay rent, assuming they don’t evict the tenants.

The problem is that Fannie and Freddie are overseen by the Federal Housing Finance Agency, which is independent. And while other government housing agencies like the Federal Housing Administration fall under the president’s umbrella, they technically can’t spend money that isn’t given to them by Congress.

“The problem is, it’s all unfunded,” said Dave Stevens, a former head of the FHA. “I’m betting there’s a way to do it, I just don’t know.”
The same is true of other EMPTY MEASURES (to bolster his own re-election chances) which are contained within DJT's executive orders.
 
 
Posts: 25914 | Location: VA | Mbr Since: 11-08-2005Reply With QuoteReport This Post
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Picture of Reed N D Dark
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There are tenants that need to be evicted whether or not they are paying rent, too! And the Section 8 rentals in Fairfax county Virginia don’t allow evictions for non payment either!

Income is the only way I see to slow eviction of decent tenants down, and the debt is only getting higher as payments are delayed. Not every landlord has a mortgage but that doesn’t mean they don’t need the income to pay salaries etc.
 
Posts: 11017 | Location: Central PA | Mbr Since: 05-14-2017Reply With QuoteReport This Post
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True, Reed, many need help... the question becomes how & when CONGRESS will provide that.

DJT is simply pulling a re-elect me act out of his ass (nothing more). When it completely fails (as it should)... there will be those (complete ****ing idiots) who see his failure on this as the fault of Congress and the Courts (not DJT's fault).
quote:
Trump's coronavirus relief executive actions 'absurdly unconstitutional'

House Speaker Nancy Pelosi on Sunday called President Donald Trump's executive actions on coronavirus relief "absurdly unconstitutional."

"Well, the fact is, is that whether they're legal or not takes time to figure out. I associate my remarks with what the Senator (Ben) Sasse who says, they're 'unconstitutional slop.' Right now we want to address the needs of the American people," she told CNN's Dana Bash on "State of the Union" when asked if she would sue to block them. "As my constitutional advisers tell me, they're absurdly unconstitutional."

On Saturday, Trump bypassed Congress and asserted his executive powers by signing four actions on coronavirus relief after Democrats and the White House were unable to reach an agreement on a stimulus bill.

One of the actions will provide as much as $400 in enhanced unemployment benefits but that memorandum on enhanced unemployment benefits -- 25% of which states are being asked to cover -- has more strings attached than the White House acknowledged and is seen as a cumbersome effort that may not help a lot of the unemployed.

The other three actions he signed include a memorandum on a payroll tax holiday for Americans earning about $100,000 a year or less, an executive order on "assistance to renters and homeowners" and a memorandum on deferring student loan payments.

After weeks of negotiations on the next stimulus bill between Pelosi, Senate Minority Leader Chuck Schumer, and lead White House negotiators Trump chief of staff Mark Meadows and Treasury Secretary Steve Mnuchin, talks broke down on Friday. The Trump administration rejected a Democratic offer to agree to a stimulus price tag of around $2 trillion with Mnuchin calling it "a non-starter."

Asked if Democrats were willing to continue to keep negotiating a coronavirus relief bill, Pelosi told Bash on Sunday, "Well, we have to. We have to, and that's why we were willing to say we'll come down a trillion."

<...snip...>

Pelosi on Sunday also criticized the President's actions, saying much is left out.

"Everything is left out, our assistance to the schools, feeding the hungry, helping people who are going to be evicted," she said. "The President's moratorium, he just did a study or a look at a moratorium. So again, something's wrong."

more...
 
Posts: 25914 | Location: VA | Mbr Since: 11-08-2005Reply With QuoteReport This Post
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The best I can tell his executive order and memorandums are just wishful thinking. I wish someone would continue to point out the Dems DID address the problems early.

Had I been working on the unemployment changes that were required to implement the CARES act, id have made it easier for the next change! Yes, I know there’s never enough time but if possible I’d prepared for the next iteration. Of course, in the 80s I was advocating to fix Y2K problems during normal updates and was assured those programs would no longer exist! Y2K paid really well!
 
Posts: 11017 | Location: Central PA | Mbr Since: 05-14-2017Reply With QuoteReport This Post
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