Housing & jobs go together like a horse & carriage; you can't have one without the other.
Banks are sitting on plenty of homes, evicting people and letting foreclosed properties rot.
Meanwhile, Americans are living in tent cities!
We must increase consumer confidence and spending - consumer demand is the backbone of our economy,
Both the housing & unemployment crisis can be easily, quickly & fairly resolved - without a government bailout & the taxpayer spending a dime!
How about giving all Americans making less than $250,000yr the option to withdraw retirement savings TAX FREE if they pay CASH for a primary or second home or rent to a foreclosure victim? They must keep the home for at least 3 years or pay the taxes.
This would greatly reduce the foreclosure blight, stop home prices from declining, put cash in the economy, increase consumer confidence and spending, and provide much needed employment as well as state and local real estate taxes. Taxes paid by the newly hired would probably make up for the tax incentive.
The result: NO NEW DEBT & AMERICAN JOBS!
Progressive Rep. Bob Filner Risks Arrest To Save Cancer Victim’s Home From Foreclosure
As ThinkProgress has noted, there are currently two competing visions of governance in the United States. One, the conservative version, believes in the on-your-own society, and sides with powerful corporations and other privileged sectors of America. The other vision, the progressive one, believes in an American Dream that works for all people, regardless of their racial, religious, or economic background.
This progressive vision was on full display yesterday during a vigil led by Rep. Bob Filner (D-CA) that halted, for now, the foreclosure of a cancer victim’s home. For months, Bonita, California resident Luz Maria Villanueva had been facing impending foreclosure on her home by Union Bank. Villanueva’s situation was especially dire due to the fact that her son has a kidney disease as well as cancer. As medical bills began to pile up, Villanueva had to choose between the life of her son and her home, and she chose her son.
As Union Bank began to close in on Villanueva’s home, Rep. Bob Filner (D-CA), who represents the woman and her son in Congress, took note of her situation. Comparing the struggle of families trying to keep their homes to the civil rights struggles of the 1960s which landed him in a Mississippi jail for two months, Filner announced that he’d be holding a community vigil on the steps of Villanueva’s house on the day a local sheriff was scheduled to come foreclose on her. He warned that doing so “may result” in his arrest, but that was willing to risk it to help her save her home. Thanks to the publicity Filner and the surrounding community brought to the case, Union Bank decided to call off the foreclosure, for now:
“Thank you, thank you!” Luz Maria Villanueva’s voice was choked with emotion at a rally on her front lawn organized by Congressman Bob Filner (D-San Diego). Nearly 100 people turned out at 5:30 a.m. for a candlelight vigil to protest Union Bank’s announced plan to have the Sheriff’s department take Villanueva’s Bonita home. She has pleaded for a reprieve at least until her young son, who has cancer, completes chemotherapy treatments.
“We’re going to stand together to change America,” said Rep. Filner. “We have a president who talked about hope. We have to give him strength. The banks have taken over both parties.” He called for changes in the law to protect those victimized by predatory lending practices. The rally drew widespread media attention; at least three major TV stations as well as print and online media reporters were on hand to cover the event. Although Villanueva attained a temporary stay when Union Bank called off the Sheriff today, the order could be reissued, Filner warned those present. “We got them to back down, but we need you to be on call.”
Local news station San Diego 6 covered the event. Filner told the station that he gets “hundreds of calls” every day from other constituents facing foreclosure on their homes. He also reiterated his commitment to passing cramdown legislation — which was defeated in Congress last year — to help people stay in their homes. Watch San Diego 6’s report:
The fate of Villanueva’s home is still up in the air, as Union Bank has promised to continue negotiations with her and Filner. For his part, the congressman hopes that other communities and their legislators fight to help their neighbors keep their homes. “I hope this spreads across America,” he said at the vigil yesterday.
Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>
Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...
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After the changes take effect, people who do not play games will no longer see news feed stories from friends who do play games — same goes for any other third-party app. Because news feed stories were a main way that people found games ...
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robert shumake
Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>
Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...
Facebook Making Changes to <b>News</b> Feed, Requests, Bookmarks to <b>...</b>
After the changes take effect, people who do not play games will no longer see news feed stories from friends who do play games — same goes for any other third-party app. Because news feed stories were a main way that people found games ...
Deathspank: Thongs of Virtue heads PSN PlayStation 3 <b>News</b> - Page 1 <b>...</b>
Read our PlayStation 3 news of Deathspank: Thongs of Virtue heads PSN.
Housing & jobs go together like a horse & carriage; you can't have one without the other.
Banks are sitting on plenty of homes, evicting people and letting foreclosed properties rot.
Meanwhile, Americans are living in tent cities!
We must increase consumer confidence and spending - consumer demand is the backbone of our economy,
Both the housing & unemployment crisis can be easily, quickly & fairly resolved - without a government bailout & the taxpayer spending a dime!
How about giving all Americans making less than $250,000yr the option to withdraw retirement savings TAX FREE if they pay CASH for a primary or second home or rent to a foreclosure victim? They must keep the home for at least 3 years or pay the taxes.
This would greatly reduce the foreclosure blight, stop home prices from declining, put cash in the economy, increase consumer confidence and spending, and provide much needed employment as well as state and local real estate taxes. Taxes paid by the newly hired would probably make up for the tax incentive.
The result: NO NEW DEBT & AMERICAN JOBS!
Progressive Rep. Bob Filner Risks Arrest To Save Cancer Victim’s Home From Foreclosure
As ThinkProgress has noted, there are currently two competing visions of governance in the United States. One, the conservative version, believes in the on-your-own society, and sides with powerful corporations and other privileged sectors of America. The other vision, the progressive one, believes in an American Dream that works for all people, regardless of their racial, religious, or economic background.
This progressive vision was on full display yesterday during a vigil led by Rep. Bob Filner (D-CA) that halted, for now, the foreclosure of a cancer victim’s home. For months, Bonita, California resident Luz Maria Villanueva had been facing impending foreclosure on her home by Union Bank. Villanueva’s situation was especially dire due to the fact that her son has a kidney disease as well as cancer. As medical bills began to pile up, Villanueva had to choose between the life of her son and her home, and she chose her son.
As Union Bank began to close in on Villanueva’s home, Rep. Bob Filner (D-CA), who represents the woman and her son in Congress, took note of her situation. Comparing the struggle of families trying to keep their homes to the civil rights struggles of the 1960s which landed him in a Mississippi jail for two months, Filner announced that he’d be holding a community vigil on the steps of Villanueva’s house on the day a local sheriff was scheduled to come foreclose on her. He warned that doing so “may result” in his arrest, but that was willing to risk it to help her save her home. Thanks to the publicity Filner and the surrounding community brought to the case, Union Bank decided to call off the foreclosure, for now:
“Thank you, thank you!” Luz Maria Villanueva’s voice was choked with emotion at a rally on her front lawn organized by Congressman Bob Filner (D-San Diego). Nearly 100 people turned out at 5:30 a.m. for a candlelight vigil to protest Union Bank’s announced plan to have the Sheriff’s department take Villanueva’s Bonita home. She has pleaded for a reprieve at least until her young son, who has cancer, completes chemotherapy treatments.
“We’re going to stand together to change America,” said Rep. Filner. “We have a president who talked about hope. We have to give him strength. The banks have taken over both parties.” He called for changes in the law to protect those victimized by predatory lending practices. The rally drew widespread media attention; at least three major TV stations as well as print and online media reporters were on hand to cover the event. Although Villanueva attained a temporary stay when Union Bank called off the Sheriff today, the order could be reissued, Filner warned those present. “We got them to back down, but we need you to be on call.”
Local news station San Diego 6 covered the event. Filner told the station that he gets “hundreds of calls” every day from other constituents facing foreclosure on their homes. He also reiterated his commitment to passing cramdown legislation — which was defeated in Congress last year — to help people stay in their homes. Watch San Diego 6’s report:
The fate of Villanueva’s home is still up in the air, as Union Bank has promised to continue negotiations with her and Filner. For his part, the congressman hopes that other communities and their legislators fight to help their neighbors keep their homes. “I hope this spreads across America,” he said at the vigil yesterday.
robert shumake
Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>
Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...
Facebook Making Changes to <b>News</b> Feed, Requests, Bookmarks to <b>...</b>
After the changes take effect, people who do not play games will no longer see news feed stories from friends who do play games — same goes for any other third-party app. Because news feed stories were a main way that people found games ...
Deathspank: Thongs of Virtue heads PSN PlayStation 3 <b>News</b> - Page 1 <b>...</b>
Read our PlayStation 3 news of Deathspank: Thongs of Virtue heads PSN.
robert shumake
Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>
Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...
Facebook Making Changes to <b>News</b> Feed, Requests, Bookmarks to <b>...</b>
After the changes take effect, people who do not play games will no longer see news feed stories from friends who do play games — same goes for any other third-party app. Because news feed stories were a main way that people found games ...
Deathspank: Thongs of Virtue heads PSN PlayStation 3 <b>News</b> - Page 1 <b>...</b>
Read our PlayStation 3 news of Deathspank: Thongs of Virtue heads PSN.
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