‘The Squad’ Proposes Bill Allowing Feds To Literally Cancel Property Rights During Pandemic

“The bill would constitute a full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on their credit rating or rental history,” a news release from Omar’s office says.

Furthermore, a fund would be created “to fully finance the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments — in order to increase the availability of affordable housing during this downturn,” the news release says.

This means private property owners would be undermined and the power of government entities would be greatly increased.

Landlords and mortgage companies could apply for lost income to a relief fund that would be established for this purpose. Only primary residences would qualify, not investment properties or vacation homes.

It is no surprise that Omar’s fellow radical House “squad” members — Reps. Alexandria Ocasio-Cortez of New York, Rashida Tlaib of Michigan and Ayanna Pressley of Massachusetts — co-sponsored the bill, along with three other progressive Democrats.

The “squad” is determined to take maximum advantage of the suffering caused by the pandemic in order to create a large, socialist bureaucracy.

Rent and Mortgage Cancellat… by The Western Journal on Scribd

If this kind of bureaucracy were enabled, it would be difficult, if not impossible, to tear down, even when the pandemic ends.

If Omar and the progressives cared to solve the immediate problems we face, they would push for homeowners and renters to be allowed to go back to work so they can make their rent and mortgage payments without government assistance. If citizens are working, they do not need help from self-important lawmakers.