A new New Deal for America

Creation of a new Home Owner's Loan Corporation (HOLC), the New Deal era agency that bought mortgages from homeowners at risk of defaulting and offered them more affordable terms. Include a law with a sunset clause allowing below median-value homeowners facing foreclosure the right to rent-to-own their homes at fair-market value rates.

I'm confused. Don't property owners already have the "right to rent" out their property? If the bank owns the home, don't they have a "right to rent" or a "right to sell" the property?

s More incredibly bright ideas /s in the article.

Don't discount them. These ideas are being actively pursued in Federal, State, and Local governments even while you [can't] sleep at night.

The “American Dream” eludes fulfillment through homeownership, retiring at 55 or exercising health care rights, but is defined as follows:
“We, the People of the United States, in order to form a more perfect Union, establish Justice, ensure domestic Tranquility, provide for the common Defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our posterity, do ordain and establish this CONSTITUTION for the United States of America.”

Justice, tranquility, defense, and blessings of liberty are government mandates. Material prosperity is up to individual initiatives. Government’s job is promoting environments where they can happen. Otherwise government largesse requires trading personal freedom to bureaucrats and politicians, who then grant apparent security.

Marcus Tullius Cicero said, “A bureaucrat is the most despicable of men, though he is needed as vultures are needed, but one hardly admires vultures whom bureaucrats so strangely resemble. I have yet to meet a bureaucrat who was not petty, dull, almost witless, crafty or stupid, an oppressor or a thief, a holder of little authority in which he delights, as a boy delights in possessing a vicious dog. Who can trust such creatures?”

The same applies to most 535 patricians elected to Congress, when nearly all were decayed and wretched. One patrician even became president, though infected by gifts and influence from those precipitating the mortgage crisis.

The same applies to those who advocated their return to office without ever considering the Faustian like bargain they duped the electorate into making.

Government 2008: We, out of the goodness of our heart will buy your property and lease it back to you at a reasonable rent you can afford.

Government 2012: We, encourage everyone to participate in the Housing Cost Control Program (HCCP). In order for this to work properly, everyone must be involved. Therefore, those who do not take part in the HCCP will be taxed an additional 10% of property tax.

Government 2016: “Come out with your hands up. If you refuse to leave the premises that has been deeded to the United States of America by court of law, you will be arrested for not participating in the totally voluntary Housing Cost Control Program.”

Government “help” for housing crisis ala Social Security.

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