Ever since last summer, a federal moratorium on evictions has prevented landlords from evicting millions of tenants that are behind on their rent payments. This moratorium has caused extreme financial distress for many landlords, but it has also kept us from witnessing millions upon millions of Americans being thrown out into the cold streets. Of course this moratorium on evictions was never actually legal, and it was just a matter of time before it was challenged in front of a federal judge that still had respect for the U.S. Constitution. On Thursday, a federal judge in the Eastern District of Texas named John Campbell Barker ruled that the federal moratorium is completely unconstitutional…
Considering how vulnerable we are right now, it certainly isn’t going to take much to send us into a death spiral from which we will never recover.
Unfortunately, it is always those at the very bottom of the economic food chain that get hit the hardest when challenging times arrive.
I feel very badly for the landlords that haven’t been able to collect rent for months and months, but I also feel very badly for the millions of Americans that will soon be thrown out into the streets.
The economic pain and suffering that we will soon see will be off the charts, and those that are expecting Joe Biden and his minions to save them will be bitterly, bitterly disappointed.
http://theeconomiccollapseblog.com/eviction-moratorium-ruled-unconstitutional-largest-tsunami-of-evictions-in-u-s-history-incoming/
Ever since last summer, a federal moratorium on evictions has prevented landlords from evicting millions of tenants that are behind on their rent payments. This moratorium has caused extreme financial distress for many landlords, but it has also kept us from witnessing millions upon millions of Americans being thrown out into the cold streets. Of course this moratorium on evictions was never actually legal, and it was just a matter of time before it was challenged in front of a federal judge that still had respect for the U.S. Constitution. On Thursday, a federal judge in the Eastern District of Texas named John Campbell Barker ruled that the federal moratorium is completely unconstitutional…
Considering how vulnerable we are right now, it certainly isn’t going to take much to send us into a death spiral from which we will never recover.
Unfortunately, it is always those at the very bottom of the economic food chain that get hit the hardest when challenging times arrive.
I feel very badly for the landlords that haven’t been able to collect rent for months and months, but I also feel very badly for the millions of Americans that will soon be thrown out into the streets.
The economic pain and suffering that we will soon see will be off the charts, and those that are expecting Joe Biden and his minions to save them will be bitterly, bitterly disappointed.
http://theeconomiccollapseblog.com/eviction-moratorium-ruled-unconstitutional-largest-tsunami-of-evictions-in-u-s-history-incoming/
(post is archived)