Increasing Global Economic Collapse and ‘Distress of Nations’; Bring on the ‘eviction tidal wave’: 40 percent of US renters face homelessness as landlords & tenants are encouraged to go to war
Helen Buyniski 3 Aug, 2020 18:02 RT
Millions of Americans face homelessness with the expiration of the federal Covid-19 eviction ban and unemployment benefits. But instead of encouraging landlord-tenant cooperation, the media are hyping stories of violence and fear.
The economic suffering American families have already faced at the hands of incompetent government responses to the Covid-19 pandemic pales in comparison to the looming “tidal wave of evictions” poised to soak the nation after a federal moratorium expired last month.
Families who thought “moratorium” meant they didn’t have to pay those three months’ rent are getting a rude awakening, learning they’re on the hook for the entire sum just as the $600 weekly unemployment payments many received after virus-related lay-offs have also dried up. A financial bottomless pit is about to swallow millions.
Those hoping to remain sheltered could negotiate with their landlord, given that small landowners – those with just a few buildings – are likely to be just as worried about the end of the moratorium as their tenants.
A few missed rent payments translate to building owners missing their mortgage payments and the bank – or some rapacious private equity firm – taking away their property. They’re likely to be eager to make a deal to get some payment rather than evict a tenant and get nothing at all.
But the media establishment would apparently rather see these two groups at each other’s throats – literally – than working together. Last week, a Connecticut man supposedly used a samurai sword to decapitate his landlord after a rent dispute, a somewhat dodgy story which nevertheless received extensive media coverage – and no doubt succeeded in striking fear into the hearts of building owners already jittery about their futures in post-pandemic America.
The newly-headless landlord, retired insurance exec and semi-famous bridge player Victor King, supposedly ran to Hartford police the day before his death to report tenant Jerry David Thompson had waved the sword at him threateningly when he tried to collect rent.
The next day, King was found decapitated in his home, where investigators went just hours after the man’s friends said they couldn’t reach him – although cops typically tell worried friends to wait as long as 24 hours before filing missing person reports if the missing individual is an adult.
Thompson, identified as a suspect by these same watchful friends, was quickly arrested – only to refuse to say anything to investigators, supposedly claiming he was a “sovereign citizen” and not subject to US law.
Establishment media have largely framed tenants’ options as binary: “rent strike” or bust. There’s no allowance for a building owner who’d rather get a few hundred dollars from tenants every month than throw them out into the street, allowing him to pay his mortgage and keep his building. Stories like the sword-wielding tenant ensure this hostility runs both ways – tenants are framed as deadbeats, scammers and, now, violent criminals.
With a continuation of either the moratorium or unemployment benefits snarled in Congress for the foreseeable future, the only legal barrier left to stop as many as 40 percent of US renters from being turned out into the streets is a 30-day waiting period mandated by the original CARES Act coronavirus bailout.
It doesn’t apply to all renters, and likely does not protect tenants (like Thompson) living in single-family homes or buildings with four or fewer units. It also only lasts until August 24, at which point housing courts will be swamped with eviction cases unless Democrats and Republicans can reach an agreement on another Main Street bailout – an unlikely prospect, given the approaching election and both parties’ unalloyed glee for pinning Americans’ suffering on the other party.
An eviction on one’s record makes it very difficult to get another apartment, creating a vicious cycle in which those thrown out of one place become prey for slumlords who take advantage of their desperation to slap ruinous terms on their next rental. As more small landlords fail, this model is perversely rewarded, as it was in the aftermath of the 2008 financial crash, when private equity giant Blackstone Group scooped up hundreds of thousands of delinquent properties and rented them out, only to put the squeeze on tenants.
The vulture firm showered renters with endless, unpayable fees for minor or imaginary violations with such zeal that the United Nations actually cried foul. Blackstone was accused of “wreaking havoc” on communities and making a global housing crisis worse.
Instead of punishing Blackstone and its ilk for bleeding the working class dry, however, the US government has rewarded them. Blackstone spinoff BlackRock, the asset management giant that now does much of the Federal Reserve’s trading for it via investment vehicles created as part of the Covid-19 bailout, is getting into the mortgage market.
Blackstone executives have consulted on New York and neighboring states’ economic reopening policies – a case of the fox advising the henhouse that has triggered over 100,000 business closings in New York alone (a third of all businesses in New York City are likely gone for good as of Monday, according to the New York Times).
Establishment stalwarts from New York Governor Andrew Cuomo to Bloomberg have acknowledged that this fiscal devastation has been especially harsh on minorities – business owners and residential renters alike.
But not even the possibility of being exposed as raging hypocrites, throwing the black community under the economic bus while shouting “Black Lives Matter,” will force the political class to stand up for their constituents. Unity and cooperation don’t get people to the voting booth – division sells. The only color that really matters in Washington is green.
(writer’s opinions and analysis)
In His Service,
Night Watchman Ministries
Make Your Decision for Christ NOW!!!!!!! Time is Up!!!!!!!
Jesus Christ’s Offer of Salvation:
The ABCs of Salvation through Jesus Christ (the Lamb)
A. Admit/Acknowledge/Accept that you are sinner. Ask God’s forgiveness and repent of your sins.
. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).
. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).
B. Believe Jesus is Lord. Believe that Jesus Christ is who He claimed to be; that He was both fully God and fully man and that we are saved through His death, burial, and resurrection. Put your trust in Him as your only hope of salvation. Become a son or daughter of God by receiving Christ.
. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).
C. Call upon His name, Confess with your heart and with your lips that Jesus is your Lord and Savior.
. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness. If we say that we have not sinned, we make him a liar, and his word is not in us.” (John 1:8-10).
. . . “And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world. (John 2:2).
. . . “In this was manifested the love of god toward us, because that God sent his only begotten Son into the world, that we might live through him. And we have seen and do testify that the Father sent the Son to be the Saviour of the world. Whosoever shall confess that Jesus is the Son of God, God dwelleth in him, and he in God.” (1 John 4:9, 14-15).
. . . “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.” (Romans 5:8-10).
. . . “For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.” (Romans 6:23).
. . . “Jesus saith unto them, I am the way, the truth, and the life, no man cometh unto the Father, but by me.” (John 14:6).
. . . “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to everyone that believeth.” (Romans 1:16).
. . . “Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.” (Acts: 4:12).
. . . “Who will have all men to be saved, and to come unto the knowledge of the truth for there is one God, and one mediator between God and men, the man Christ Jesus.” (1 Timothy 2:4-6).
. . . “For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ.” (1 Thessalonians 5:9).
. . . “But as many as received him, to them gave the power to become the sons of God, even to them that believe on his name.” (John 1:12).
True Church / Bride of Christ Spared from God’s Wrath:
Romans 5:8-10. “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.”
Romans 12:19. Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.
1 Thessalonians 1:10. And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.
1 Thessalonians 5:9. For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ,
Romans 8:35. Who shall separate us from the love of Christ? shall tribulation, or distress, or persecution, or famine, or nakedness, or peril, or sword?
Jeremiah 30:7. Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble, but he shall be saved out of it.
Revelation 3:10 Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon all the world, to try them that dwell upon the earth.