Renters, Evictions and States

 CNBC actually did a four-star analysis piece....over eviction folks, states, and who owes the most.

So here's the thing....the average American owes $3,700 for back rent.  Yes, that's it.

I looked at the map, and its a curious piece.

What the average Alabama guy on the back-rent deal owes?  Between $2k and $3k.  

What the average California guy owes on back-rent?  More than $5k.

In 19 states, the amount is $2k to $3k.  Those particular states?  Mostly all 'red' states and in the south.

By their analysis.....around 11-million fit into the back-rent issue.

So, should all of this chaos been handled back six months ago....like early on in March of 2021, under a fired-up and getter-done President Joe Biden?  Well....common sense says yes.

My gut feeling is that the sixteen-percent of American renters in this bucket....would all prefer to avoid living out of a tent, and not being kicked out of their apartment/house.  But this would mean that Covid needs to shift back into being a marginal worry...something that Biden is simply unable to accomplish.  

So I recommend a read of the story, and compare the numbers yourself.

Why Did Pelosi Ask For a Sixty-Day Situation on the Eviction Moratorium?

 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.  

The 'Dossier' Story

 I read the National Examiner yesterday, and this one story sticks out.  Former National Security folks under Trump now say enough effort by China on personal data of people....reached a level where they can practically build a 'dossier' on every single American adult.

I sat and pondered over this.

My 'dossier'?  It probably says a bit over my preference for cheesecake.....my normal expenses for ice cream per year....a list of Amazon purchases over the last year....my preference of Ironman over Thor....my general dislike of the NY Yankees....my preference for railway travel....that last speeding ticket I had to pay....my preference for ice tea (no sugar added)....a weakness for Italian food, and the fact that the cat has sent the wife to the hospital for emergency stiches on two occasions.  

My brother's dossier?  It probably talks over his preference for catfish (without the garlic), his selection for dogfood, beer preferences and a list of ammo purchases. 

Lets be honest....whatever kind of dossier they think they have....about 99-percent of it is marginal information and really doesn't say much. Wo-wan probably sits there in the basement of the building....thinking mostly....these folks live pretty quiet and non-stressed lives.