What "card" are you talking about? You only need $1.@Shop-et-al wrote:
I received a card. How does a card become an investment opportunity?
I previously predicted we'd maybe see FHA bailouts, so that remains to be seen how everything plays out. Everything in America is "frozen" right now (no pun intended - given severe weather systems - as I'm talking about debt payments), so it'll be interesting how everything is resolved when all moratoriums end and the economy "opens" back up to normal. What if people and companies still cannot pay? Massive bailout time?@ wrote:
WASHINGTON—The Biden administration extended a federal moratorium on home foreclosures for another three months and expanded assistance for people behind on their mortgage payments during the coronavirus pandemic.
The White House said Tuesday that it would extend a ban on home foreclosures for federally backed mortgages through June 30. President Biden had earlier extended the moratorium, which had been set to expire at the end of January, until the end of March in a series of executive actions on his first day in office. [WHAT?]
Homeowners will now be able to receive up to six months of additional mortgage payment forbearance, in increments of three months, for those borrowers who entered forbearance before June 30, 2020, the White House said. Borrowers who enter into such plans can skip payments if they suffer a pandemic-related hardship but have to make them up later.
I counted the Dec. 2020 $900B bill as Rd. 2, sestrahelena. So, that means the currently debated $1.9T bill is the third stimulus.@sestrahelena wrote:
Wait. Third round??? I guess I missed something. Oh, well.
Joe Manchin (possibly the most hated Democrat - by his own base - in America) has caved to support extension of $300 enhanced unemployment through September 6. At $1,200/month for 6 months, that amounts to $7,200.@ wrote:
The deal will extend a jobless benefit supplement at the current $300 per week through Sept. 6, according to NBC News. It will make the first $10,200 in unemployment aid non-taxable to prevent surprise bills. The provision will apply to households with incomes under $150,000 . . .
Democrats aim to approve their latest rescue package before March 14, the day when the current $300 per week unemployment benefit expires. However, the delays Friday threatened its quick passage as the deadline approaches.
Esp. for high COL areas. ...Hawaii? CA?@Tarantado wrote:
Wow... cutoff is extremely low. People tend to forget that the middle class doesn’t stop at $80k per year..... But what do I know?
@shoptastic wrote:
Esp. for high COL areas. ...Hawaii? CA?
I know! I was asking what about states like that? ...NY...even my VA is high-ish (esp. Northern VA near D.C.).@Tarantado wrote:
Uhhh, Colorado.
The Restaurants Act asked for $120B for restaurants, which obv. didn't get through, but it's good there is something there to target them. So, PPP went from $500B+ (CARES) to $200B+ (CRRA) to $7.25B (ARP)?@ wrote:
The legislation includes $25 billion to help restaurants struggling from pandemic lockdowns and closures and $1.25 billion for venue operators. The bill also includes $15 billion for targeted Economic Injury Disaster Loans and an additional $7.25 billion for forgivable loans in the Paycheck Protection Program.
PUA is for mystery shoppers/gig workers/self-employed/independent contractors (i.e., those who don't qualify for regular unemployment)@ wrote:
It also extends the CARES Act programs Pandemic Unemployment Assistance (for gig workers and those not traditionally eligible for aid) and Pandemic Emergency Unemployment Compensation (for the long-term unemployed) until early September. The maximum duration of PUA benefits increases to 79 weeks (up to 86 weeks in high-unemployment states), and for PEUC up to 53 weeks.
@ wrote:
Mixed Earner Unemployment Compensation, which gives some workers with both W-2 and 1099 income an extra $100 per week in aid, will also extend to Sept. 6.
Biden's going to be giving a major speech tonight, maverick1, which can also be watched live on CNBC's YouTube page:@maverick1 wrote:
And the ~4 Trillion dollar infrastructure bill hasn't even been released yet.
Just a quick response from me for now (I have some agreements and disagreements with your other comments that would take longer to re: ). I thought this was a good visual comparison of ARP and TCJA (Trump's corporate tax cut bill). Both cost us $1.9 trillion:@maverick1 wrote:
Bottom line is that most citizens in the US won't see a net windfall as additional expenses and reduced earnings by many companies (in retirement accnts) will wipe out any stimulus gains in 2021.
@maverick1 wrote:
You mean like this?...
"Isn't it absolutely amazing that Biden's COVID 'strategy' is the SAME as Trump's? Biden was caught with plagiarism in law school and survived, he's doing it again."
Fact Check: [www.washingtonpost.com]
TRUE
@shoptastic wrote:
Esp. for high COL areas. ...Hawaii? CA?@Tarantado wrote:
Wow... cutoff is extremely low. People tend to forget that the middle class doesn’t stop at $80k per year..... But what do I know?
I don't know, but often with just over-the-counter meds, children's doses are smaller in quantity, so I typically assume the same would be true of vaccines.@Shop-et-al wrote:
In general, how will children experience the vaccine or vaccines? Will they be given smaller doses for their smaller bodies? At eighteen, many things are legal for bodies that continue to grow and develop for a few more years. [We dare not wonder aloud or here about male, female, trans, and/or other children. That would violate all sorts of rules.]
Question: What happens WHEN people have to start paying? More and more extensions...bailouts? I am not at all suggesting we SHOULD evict people (no opinion, but mostly think everyone - including landlords - should be bailed out right now), but merely asking what the end game will be? What level of evictions would/could the nation tolerate (if any)?@ wrote:
The Centers for Disease Control and Prevention will announce on Monday an extension to its national ban on evictions through the end of June, according to two sources familiar with the matter.
The protection was scheduled to expire in two days, and advocates warned of a spike of evictions if it was not kept in effect.
Around 20% of adult renters said they didn’t pay last month’s rent, according to a survey published in March by the Census Bureau. Closer to 33% of Black renters reported the same.
Both seem to be cheaters, sadly. Mary Trump (niece), in her recent book, said DJT paid a person to take his SAT's, which allowed him to transfer to the Ivy League. As for COVID strategy, it felt like Trump's was to quickly infect and kill as many Americans as possible. *probably only slight hyperbole* The "goal" seemed to be to force the virus to run through us quickly, in order to protect corporate profits and his precious stock market (and maybe quickly getting to herd immunity, so his rich elderly friends/donors stuck inside can safely come out again and not have to spend their later years of life in hiding). *just my theory* It's very difficult to explain America's response otherwise (especially, anti-masking). In related news today [www.cnbc.com] :@Shop-et-al wrote:
Nice. I was thinking of the general course of events, which would have proceeded regardless of the name of POTUS. Trump did not unnecessarily delay, and Biden did not magically enhance, the progression of vaccine work.
@maverick1 wrote:
"Isn't it absolutely amazing that Biden's COVID 'strategy' is the SAME as Trump's? Biden was caught with plagiarism in law school and survived, he's doing it again."
In other news, Americans seem to be wanting to save those stimmy checks.@ wrote:
Congressional investigators released emails and documents Friday that show Department of Health and Human Services appointees under former President Donald Trump regularly bragged about their efforts to alter staff scientists’ reports on the coronavirus.
Officials tried to rewrite the weekly scientific reports so Trump could use the data to support his political positions on wearing masks and reopening the economy, according to the emails released Friday by the House Select Subcommittee on the Coronavirus.
Yay! . . possibly much needed too with inflation picking up:@ wrote:
President Joe Biden will sign an executive order on Tuesday requiring federal contract workers to make at least $15 an hour. . .the executive order could impact hundreds of thousands of people who are working on federal contracts — giving a raise to low-wage workers including food service workers on military bases and maintenance workers in government buildings.
All agencies must implement the wage hike in new contracts by March 30, 2022. The executive order also requires agencies to implement the higher wage into existing contracts when they are extended.
Time for Trend Source to raise their rates?@ wrote:
This week, the Bloomberg Agriculture Spot Index — which tracks key farm products — surged the most in almost nine years, driven by a rally in crop futures. With global food prices already at the highest since mid-2014, this latest jump is being closely watched because staple crops are a ubiquitous influence on grocery shelves — from bread and pizza dough to meat and even soda.
Rent is also picking up: [www.wsj.com]@ wrote:
“The hottest home-sales market in 15 years is also expected to prop up rents. As more people are priced out of the for-sale market, they will flock to the only other option: renting.”
I agree!@ wrote:
Americans support Biden’s spending and want him to spend more, polls show
Multiple recent polls show Americans broadly back the big-ticket spending proposals that have President Joe Biden’s first 100 days in office.
More Americans say they approve than disapprove of the $1.9 trillion coronavirus relief bill Biden signed into law in March. Surveys also find Biden’s $2 trillion infrastructure plan is already popular with majorities or pluralities.