Posted on 01/09/2013 12:13:33 AM PST by Kaslin
Smart move, HUD....take the dregs and criminals from the former public housing enclaves where police coverage could be concentrated and spread them wholesale over the outer suburbs. The real joke is that "learning good-habits from middle-class people!"
Section 8 is used to DILUTE the voting strength of key districts, or just plain revenge. They (HUD) massively increased Section 8 housing introduction in East Cobb County Georgia, Newt Gingrich's old district. I suspect if one were to comprehensively investigate the geographical dispersion of these lowlifes and overlay it with Congressional Districts, you'd be surprised and what you see.
Section 8 vouchers do nothing but pollute good neighborhoods, schools and commerce, largely resulting in increased crime, drugs and corruption of the young.
There was a saying, which I’ll paraphrase: We’ve run out of other people’s money. If tomorrow we shut down operations in Afghanistan, pull back every service member and discharge them; if we closed every tax loophole that exists and raised taxes on the supposed wealthy up to a maximum of 100%, we’d still not have enough tax ‘income’ to support all the social outpouring from the federal government.
We can’t even manage to assist those hurt in a major natural disaster without embezzling money for friends in what is colloquially known as pork.
The founders of this nation never made provisions for the federal government to provide housing; why should they? How would that make the slightest bit of sense for someone sitting in Washington to decide where or how someone lived? To erase the confusion that some had, they even went back and wrote an amendment spelling it out clearly: What powers are not outlined to the federal government are reserved for the states and the people.
That’s a powerful limitation: Whatever rights weren’t given to the government, and indeed, those are few, were reserved - forbidden to the federal government and empowered to the people and their states. They spelled out the natural rights of people - the freedom of speech, the freedom of religion, the freedom of the press, and empowered the people to keep those rights from their government through the force of arms.
There are many problems in the world; there are many disasters, personal and collective. None of these problems will ever be solved via a printing press. And really, in the end, that’s what we, as a nation, are attempting to do: To solve problems by using a printing press.
Teach a man to fish, you feed him for a lifetime. Instead, we print money, hand it to the fish monger, and bemoan how many more problems there are to solve..
The so called poor are living high on the hog, and the working are living with less and paying for it all. The system is dysfunctional and unsustainable.
The founders of this nation never made provisions for the federal government to provide housing; why should they?
There is no "Constitutional provision" for either group.
Multi-Billion $$$$ payoff to Obama’s people.
Interest payments on the debt is the ticking time bomb.
For the above board debt of 16 trillion, it is about 250 billion a year. That is with very low interest rates. If interest rates rise, there will be big trouble.
That’s as much as the combined health and human services, vet affairs, HUD, and education budgets combined.
Double the interest rate to normal historic averages, and something has to give. You can’t borrow from sources you will be already unable to pay.
Actually, the Obama Government has found at least a partial way around this. It involves a conspiracy between the Federal Reserve, the US Treasury and the Bureau of Printing and Engraving. Years ago, Treasury Bills were auctioned off once or twice per year. Under Obama, these continued, but frequency increased, almost to a monthly basis. Who's buying them all? Remember, sales of these T-Bills and bonds are what's financing the debt, and making it all "legal." How does the issuer get paid? From scrip money the government prints up. The whole process is a scam, supposedly legalizing debt that the US incurs by something represented to have value. My guess is Obama's Trillion Dollar Coin will be used to back $1Trillion in new T-bill debt....
When...
The so called poor are living high on the hog,....ALWAYS make the point “There are NO poor in the US. Just the economically stupid.”
They are truly rich, compared to the real poor in other countries
If he's taking the mortgage interest deduction, yes, it is.
I have a friend in the car repair business.
He buys old houses, and fixes them up just enough to pass whatever inspections the Section 8 folks set, then he rents them section 8.
Supposedly the tenants pay a portion of their rent.
My friend says that he doesn’t really care whether or not the tenants pay their share, although if they do that is a bonus. He makes enough off the Government to pay the house note,and when the note is paid off the property is his free and clear, and didn’t cost him a penny. He has a lot of properties, so it must be working.
That’s, from the title, what I thought the article was about.
Around here? Not a chance.
FReepers do love their mortgage subsidies.
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