Here’s a plan that would help all Americans, and provide immediate economic stimulus
SAVE OUR ECONOMY!
Quick Relief and Stimulus for Our Nation’s Economy AMERICA’S ECONOMIC STIMULUS & RECOVERY PLAN A ONE-YEAR MORTGAGE HOLIDAY:
You will not have to make any monthly principal and interest mortgage payments for one year under this common sense economic stimulus plan!!!
Congress should pass immediate legislation for the President to sign into law that offers temporary relief for twelve months for all homeowners and business owners who have mortgage/trust deed/note debt obligations for a one-year mortgage moratorium forbearance period.
You would not be required to make monthly principal and interest mortgage payments for a one-year forbearance period on your mortgage debt obligation.
Imagine what the American family, consumer and businesses could do with their extra cash: Pay down their personal and business credit card debt or fund college education to help build a better America, make donations to their charity of choice, rebuild their personal savings accounts, and of course spend the money back into the business community, providing jobs, and stimulating our economy.
Most importantly, this plan will lift the spirits and morale of the American people. It will help restore confidence in the economy and stability to the financial credit markets. It will restore trust in our elected government officials and create hope for our families and America’s future.
This is the ultimate WIN WIN for Democrats, Republicans, Liberals & Conservatives… ALL AMERICANS!!!
Repeat: ALL AMERICANS.
I just thought of the renters. What about the renters? (Just noticed: There is a provision for renters in the plan.)