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Reuters:
Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing.
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Well, maybe we need more low cost temporary ( family and pet friendly)
housing for the transition. I hate it for them ,but I have been there and done that. We also need some creative solutions to make real estate more affordable and the opportunity to buy homes that people can actually afford (when we were looking to buy a house a couple of years ago, we were told it would be easier to get a 100k loan than a 50k loan - what is wrong with that picture ya think?).
If/when we began to hold our fellow citizens (friends,family,etc) to account for voting for these
ReThug's progress will be made, President O can't reverse eight years (30 if one took out clinton)
of insane ReThug policies, we have many American worth Billions (on paper at least) and yet
their fellow citizens don't have jobs and have to sleep in motel's, what good is it to have so much
money and not use it to benefit society, many American need to start looking at the Man in The Mirror
to find the root cause of their problems, sending these same people back into office at a 90% rate
and then expect change is almost as insane as the concept of trickle down.
I see this only getting worse and blame law makers for deliberately passing laws to give all the wealth to the rich and allow greedy people to pillage the middle class
The Messiah says have patience and chose a motel with cable and a basketball court.
Is that you Palin?
You gotta get her name right. That's Sarah Gump!
That just doesn't make sense. Unless one was living in a house way beyond one's means, and thus had an astronomical mortgage all out of proportion to one's actual income, it's way more expensive to pay the daily rate in a motel for one month than it is to make a monthly mortgage payment.
If you have a mortgage of $1000 a month, and one of you loses their, it's cheaper to rent a $30/night motel. And the article says that shelters are at full capacity. There are many people here in Denver who live in tents, but no one sees it because they stay in the foothills or the mountains. There are many campgrounds for $10 a night. If you've got a tent, that's a really cheap place to stay as well.
It makes more sense if your mortgage is $4,000 a month like mine. A lot of people went from 6 and even 7 figure jobs to what unemployment gives you.
Joe make sense, if you and your wife were laid off, within month of each other, how long would you last in your home,
there is very little to help one keep from going homeless except a new job, if it is found and acquired in a timely fashion, wow some people must never have had a hard day, nor bills bigger than their check,
I have had both in my life time, for a while there my income was exceeding my expenses very well.
somewhere here in the last 6 years my income dropped suddenly and I was all the way behind on everything by the time my two jobs kicked in, the combo paid the bill but nothing else, I finally got one job that paid what those two jobs did in one paycheck, then gas went to 4.00, and my income has not risen at all since. I still make less money today than I did before I was laid off in 2003,
I wonder how someone could get being, and stay behind in this economy .humnnnnn how the heck do you think that happened I have considered giving up my home but where would I stay ah ha a hotel
2nd stimulus goes directly to main street's pockets.
Consumer confidence is up in the motel industry. This can only be good for the economy.
Better than living in tents like those families in Sacramento, CA.
THE MONEY CLOCK
$306 to Wall Street for EVERY
$1 to Main Street
Bloomberg News says $12.8 Trillion to Wall Street from Bank Owned FED Reserve System and Treasury!
$50 Billion to Main Street so far!
Imagine where Main Street Manufacturing and High Tech and Green would be with $12.8 Trillion!
Jobs everywhere!
Foreclosures nearly eliminated as people have jobs!
Wall Street Banks go down and Main Street Banks and Credit Unions take up the SLACK!
Reverse the numbers and let the Wall Street Banks go down under the weight of $700 Trillion in DEBTS! That is 50 years of growth 100% allocated to Banks! 200 Years of Pain!
JPM = $88 Trillion in Debt
G0LDMAN = $47.8 Trillion in Debt
Millions of Americans brought these hardships on themselves by supporting the ReThug (foolishly)
trickle down was (and still is) a bad joke played out on a national scale, for people to think that
a system where the Ceo take home millions for doing next to nothing except signing a few papers,
and the employee takes home 25--35k is insane, how could they ever have thought anyone could
buy their overpriced products, if history repeat's it's self, then we might be doomed, cause I don't
see or hear many of my fellow citizen's at the altar confessing what a fool I was to support these
insane ReThug policies.
What is even more amazing to me is the millions that voted for McCain! The wealth gap when Bush left office was the widest comparing only to the wealth gap that was faulted for the depression! When CEO's make 300 times what their average worker makes, it doesn't take a genius to figure out that 95% of us will run out of money to buy what they are selling. Add to that the price of gas doubling, and you have the mess we're in now.
What's completely befuddling to me are the people here who continue to say that things should stay the way they are. Judging from the spelling and grammar of the tro11s on this website, they are not in the 5%, and they vote against their own self-interest time and time again!
This is the result of years of Central Planning by the Government, but don't worry, in spite of the bailout of GM & Chrysler, Health Care Reform, the Stimulus Pkg and Cap & Tax, Oduma doesn't believe in Central Planning.
One of the non efficient parts of capitalism.....lots and lots of empty unmaintained homes and families having to double up in motel rooms?
If we would just let the prices of homes come down, people could afford to live in them.
Indeed!
This is the mess 8 years of rightwing conservative trickle-down, supply side, tax cuts for the rich economics have given america, we need to get back to pre-reagan tax rates for the rich and big buisness to get america back on it's feet again.
RobertCreamer's 7 PROGRESSIVE STEPS:
1. Battle for Progressives is changing distribution of wealth/power in America now controlled by Healthcare, Wall Street, Oil, Insurance, Big Pharma Corporations. They don't care that have nearly ruined America's Healthcare, Economy, and Energy Independence and will fight for Status Quo. FDouglass, "Power concedes nothing without a struggle." They use Wealth+Connections+Congress Funding and we have OUR millions of voters who can demand "NO MORE GREED."
2. Progressives have the high ground! We favor Downsized Wall Street banks, single-payer or at least A STRONG Public Option, and new clean energy jobs, all programs that are politically popular.
3. Always present in populist terms, interests of average people versus the Elites+Status Quo. Frame the Battle as Good versus EV1L or private insurance companies versus interests of average Americans.
4. Watch the FINAL PRODUCT! The Politicians write margin Notes that GUT benefits for Americans during House Senate Reconciliation (DODD). Measure Congress in concrete terms for every American. NO dressed up status quo is reform.
5. Progressives have to F1ght for changes in the distribution of wealth and power. A Financial Consumer Protection Agency limits financial sector siphoning massive wealth of average Americans.
6. No Whining! Match them blow for blow. MotherJones: "Don't mourn, organize!" BLOG! Demonstrate!
7. Our historic Progressive Window of change will close since progress occurs in clumps in "Great Short Moments." We must make historic Progress as Our LIVES depend on it and EL1TES will NOT GIVE UP!
THOM HARTMANN: From the Great Depression until basically the Reagan Administration, we had a national industrial policy where we made things in the United States. We no longer have that.
Combine the fact that we no longer protect our economy here in the United States with the fact that we've moved from a manufacturing economy to a service economy (and there's an absolute limit to how many times we can call "If you mow my lawn and I wash your car" 'creating wealth').
On top of that, what Reagan's chief economic adviser, David Stockman, said was overt: That they ran up a $3 trillion debt (tripling the national debt, borrowing more money than every president in the history of the United States combined specifically so that when the Reagan Administration left office there'd be so much debt that the Democrats wouldn't be able to expand social security or have a national health care program.
[And on top of that, Bush's wars, tax cuts for the rich, TARP, and the stimulus.]
I don't see a way out of this, do you?
http://www.youtube.com/watch?v=Fff2t1IA1mQ&feature=channel_page
THOM HARTMANN: I don't see a way out of this with this kind of debt, do you (to William Engdahl)?
Engdahl's very interesting answer (about Summers and Geithner and Obama's economic team, plus the dollar, Nixon and the gold standard, etc.) at 6:35 minutes into the video clip:
http://www.youtube.com/watch?v=Fff2t1IA1mQ&feature=channel_page
Take the Banks into receivership and let the stakeholders pay first and write off the REST!
The OCC Says the last Quarter JPM had $88 Trillion in Toxic Debts and G0LDMAN has $47.8 Trillion and it lists the rest also. The total was $700 Trillion or about 50 TIMES our healthy GDP before this CRISIS!
By the way WHY did Wilbur Ross on CNBC on Monday, one of the super-rich you and Tim picked for the PPIP program say,
"This is the largest TRANSFER of DEBT from the PRIVATE Banks to the Government in History and it will take YEARS."
So are they going to gradually weigh down Americans with 50 years of GDP Growth ($700 Trillion) that will take 200 years to work OFF?
Close the FR1GG1NG BANKS, MAN!
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First Posted: 07-11-09 11:49 AM | Updated: 07-11-09 12:07 PM