As things unfolded in the past week.....House Speaker Pelosi basically asked the President to use 'imaginary' powers to delay the eviction moratorium one more time (roughly sixty days). Biden said sure, but he also said clearly....legal minds told him such powers didn't exist.
So the question is....what did Pelosi have in the 'magic-bag' to work out if Biden's imaginary powers did give her sixty days?
I sat and pondered over this and finally came to this idea. I think she wanted to draft up a package of a massive amount of funding (probably over 300-billion dollars)....that would be gifted out to every single eviction situation and bring the landlords all back up to zero losses. Then on top of that....maybe some ninety day amount of relief....telling everyone to just go back to work.
An insult to people who worked through this period, and paid the landlords on time? Yeah....without any doubt.
Will this strategy be laid out in the next week or two....within the House? That's my humble belief. Getting this past the Senate? Hard to say.
The key thing to think about....all this Covid-downtime business....who is to say that you just need fast cash to resolve this and enough 'loot' to cover things to November? In California for example....I don't see the economy in recovery for at least another year. New York City? Same way.
It's a stupid strategy, but the only way that you'd keep the 8-million-odd people in a residence, and not ending up as hobos on the street....living out of a tent under a interstate bridge.
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