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White House Seeks Evictions Stay, Coronavirus-Fueled Housing Crisis Grows, plus Manufactured Home Investing, Stock Updates

DowJones9.1.2020ManufacturedHomeStockUpdatesBroaderMarketSnapshotNew York Communities for Change staged protests in various parts of the U.S. today as part of an anti-eviction activist effort.

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The New York Communities for Change (NYCC) website says “WE RESIST. We RESIST fascist and racist policies that affect our most vulnerable communities. NYCC leads know your rights trainings and a rapid response program to protect our communities against deportations, police brutality and evictions. We Fight. We Build Power.”

Evidence-based Influence Watch says that “New York Communities for Change (NYCC) is a New York City-based labor and community organizing group. NYCC is a key agitation force behind the Service Employees International Union’s (SEIU) “Fight for $15” union organizing efforts, and has received over $7 million from SEIU and its local unions alone since 2012. NYCC is one of several successor organizations to the defunct ACORN multi-issue organizing network. The group is a member of the left-wing Strong Economy for All coalition. The organization signed a petition supporting the Green New Deal.”

As MHProNews has previously reported, MHAction – which is funded through dark money channels by Warren Buffett and George Soros, among others – has their leader, Ken Borden ‘trained’ during his time with NYCC.

Buffett/Berkshire Bust! Stunning Charges – Frank Rolfe, Dave Reynolds, Impact Communities Lawsuit Against Residents; MHAction Connection Evidence

The Manufactured Housing Institute (MHI) – dominated by Berkshire Hathaway brands and their allies – has oddly pushed for policies to keep renters in their rentals instead of seeking to turn them into manufactured home owners. When affordable housing is in a growing crisis, an objective look at the MHI position is increasingly absurd.  It isn’t until the funding for these nonprofits is examined does a picture emerge as to why some groups does what it does.

Is President Trump’s Executive Order Seeking to Stay Evictions Unconstitutional? HUD Provides Over $400 Million in Aid, plus, Manufactured Home Investing, Stock Updates

Tonight’s featured focus is from left-of-center CNBC which spotlighted a photo of NYCC protestors juxtaposed with the efforts by the Trump Administration to stave off potentially millions of evictions in the wake of the Wuhan Virus/COVID19 connected layoffs.

Buffett/Berkshire Bust! Stunning Charges – Frank Rolfe, Dave Reynolds, Impact Communities Lawsuit Against Residents; MHAction Connection Evidence

NYCC has touch points between George Soros and Warren Buffett donations and leftist or progressive organizations. CNBC’s take on the vexing issue of evictions will be our featured focus, which follows the left-right headlines, two of our three market graphic summaries at the close today and our quotable quotes for tonight. The third market summary graphic, which has the manufactured home connected stocks at the closing bell today, is found after the featured focus and related reports.

 

Quotes That Shed Light – American Social, Industry, National Issues…

CorporateExecutivesDontLiveInCommunityDontSendKidsSameSchoolInEffectTheyCreatingColonialSocietyInAmericaThroughGlobalAccumulationFinancialPowerQuoteGovJerryBrownPhotoMHProNews

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SocialismIsTheftQuoteRickManningPhotoDailyTorchLogoPresidentAmericansForLimitedGovernmentLogoMHProNewsQuoteableQuote

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Understanding media bias is useful to sifting through possibly hidden agendas.

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WeMustRememberThatRegardlessofColororCreedWeAreAllAmericansFirstDonaldJTrumpQuoteFoxNewsLogoMHProNewsLogo

GovernmentToolMoneyedPowerPowerBecauseCongressBoughtOffSystemIsRiggedAnyoneBecauseSchoolbookImageryThinksWeHaveDemocraticallyElectedGovernmentGovJerryBrownPhotoQuoteMHProNewsQuote
Quote from a 1996 interview with Jerry Brown. The concerns over a ‘rigged system’ are not new.
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Just a few weeks after the statement above, presumptive Democratic nominee Joe Biden said the polar opposite in the quote below.
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Don’t look too closely, or you will see the Joe Biden has shifted on several positions just during his 2019-2020 presidential run. If he can’t stay consistent during a primary, or if he changes positions from primary to the general election, how can his word be trusted if he were to be elected?
BariWeissPhotoNewYorkTimesBuildingPhotoQuotableQuoteNewConsensusInPressThatTruthIsntProcessCollectiveDiscoveryOrthodoxyAlreadyKnownEnlightenedFewMHLivingNews
What Bari Weiss is saying is that the media has often become a tool to share a preset agenda rather than objectively inform readers.

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Headlines from left-of-center CNN Business

  • Crude flow slows
  • This picture taken on December 11, 2019, shows an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf.
  • Saudi oil shipments to America plunge to 35-year low — the lowest level since 1985
  • After FBI tip, Facebook says it uncovered Russian meddling
  • Americans are saving more than just money by not commuting
  • Elon Musk is now the third richest person in the world
  • Kodak stock soars after big hedge fund buys stake
  • America’s factories are roaring back. But the economy is still struggling
  • Republicans are flooding the internet with deceptive videos
  • Harlem is fighting to save its remaining Black-owned businesses
  • Samsung’s new folding smartphone will set you back $1,999
  • Dozens of Black former franchisees sue McDonald’s over alleged discrimination
  • ESPN and competitors ditch ‘stick to sports.’ Politics is now fair game
  • It’s been 6 months of working from home. Here’s a look at what we’ve learned
  • NORTH BERGEN, NJ – AUGUST 23: People past walk by a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic
  • Walmart launches $98-a-year subscription service
  • New Rolls-Royce was so quiet engineers made it louder

Headlines from right-of-center Fox Business

  • ECONOMY
  • During House testimony, Mnuchin urges Congress to reach stimulus deal
  • Mnuchin, one of the top negotiators for the White House, said he will continue to try to work with the Senate and House on emergency aid.
  • Brainard: More Fed stimulus needed ‘in coming months’ to fight pandemic headwinds
  • HEALTHCARE
  • US stockpiling 3 different types of coronavirus vaccines
  • MARKETS
  • President vows ‘we’ll be helping the airlines’ as mass furloughs loom
  • MONEY
  • McDonald’s blasts ‘morally bankrupt’ ex-CEO after allegedly making X-rated find
  • Varney: Biden spouting nonsense on the Trump economy
  • ECONOMY
  • Varney: Biden spouting nonsense on the Trump economy
  • Biden reportedly eyeing $1T January coronavirus stimulus amid impasse in negotiations
  • COVID-19 safety protocols issued by Producers Guild as productions resume
  • ACTION!
  • LIFESTYLE
  • COVID-19 safety protocols issued by Producers Guild as productions resume
  • ‘WILDLY CHALLENGING’
  • ECONOMY
  • New NYC restaurant owner talks opening amid coronavirus
  • BIG CITY DECLINE
  • REAL ESTATE
  • San Francisco, NYC rents continue to drop
  • SELLING SHARES
  • MARKETS
  • Tesla plans to raise up to $5B through stock sale
  • ‘MANIPULATED’ LABELS
  • SOCIAL MEDIA
  • Twitter cracks down on altered video after uproar over Joe Biden clip
  • A LONG TIME COMING
  • S.
  • Retro Fitness CEO on New Jersey reopening gyms
  • HELP’S ON THE WAY
  • MONEY
  • Over 40 states preparing to pay out Trump’s $300 unemployment aid boost
  • CHANGING COURSE
  • TRAVEL
  • Airlines announces furlough of flight attendants, pilots, maintenance workers
  • WHERE TO BE
  • LIFESTYLE
  • These are the top work-from-home counties in the US
  • LIFESTYLE
  • Wendy’s launches pretzel bacon pub cheeseburger
  • LIFESTYLE
  • Did Ford make a mistake killing its sedans?
  • BUSINESS LEADERS
  • Restaurant owner reacts to NJ resuming 25% indoor dining: ‘A step in the right direction’
  • TECHNOLOGY
  • Florida cuts ties with Quest, slams coronavirus data as company blames glitch
  • MONEY
  • Bayer appeals $20.5 million Roundup ruling in California
  • ECONOMY
  • Las Vegas casinos ‘will come back’: Hard Rock International chairman
  • MONEY
  • Americans still spending money despite expiration of $600-a-week unemployment aid
  • ECONOMY
  • Ahead of Labor Day, 65% of hotels are operating below break-even point, survey shows
  • TECHNOLOGY
  • Uber’s new mask-selfie verification feature will apply to riders who flout mandate
  • NEWS
  • Maskless man at Walmart in Alaska throws tantrum, screams at employees for ‘taking away’ his rights
  • MARKETS
  • Zoom rockets to $125B market cap, passing IBM
  • ECONOMY
  • PPP supported more than 51 million jobs amid coronavirus: House Republicans
  • TRAVEL
  • SEE IT: Delta flight delayed after 2 passengers get into fight on jet bridge during boarding
  • CARS
  • Iggy Pop’s classic Ferrari 308 accepting new passengers at auction
  • TECHNOLOGY
  • Samsung chief indicted on charges related to 2015 merger
  • TRAVEL
  • Airline pilots report seeing ‘guy in jetpack’ flying near LAX during approach
  • SCIENCE
  • The sun’s long-lost twin could be in deep space, researchers suggest
  • S.
  • Firefighter killed battling California wildfire, another injured
  • MARKETS
  • Kodak stock soars as hedge fund takes stake
  • TECH
  • Verizon discontinuing ringback tones, once-popular feature

Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

Yahoo10MarketClosingIndicatorsManufacturedHomeProNews9.01.2020MHProNews

Featured Focus –
Where Business, Politics and Investing Can Meet

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Demonstrators wearing protective masks hold signs during an eviction strike in the Brooklyn borough of New York, on Tuesday, Sept. 1, 2020. Organizers in at least 15 states are coordinating mass demonstrations targeting banks, corporate landlords, marshals, sheriffs and the courts to protest all who play a role in the eviction process.” So reads the caption in the featured photo from CNBC’s report earlier today.

 

WASHINGTON — The Trump administration announced Tuesday that the Centers for Disease Control and Prevention (CDC) will invoke its authority to halt evictions through the end of the year. It is being argued as part of a plan to slow the spread of the coronavirus pandemic.

The move – a draft of which was posted to the Federal Register – is the most significant step taken so far by the White House to fend off what experts predict will be a flood of evictions across the country.

An inability to strike a deal with Democrats after enhanced federal unemployment aid and a federal eviction moratorium expired at the end of July has set the stage for the current scenario.

President Trump is committed to helping hard-working Americans stay in their homes and combating the spread of the coronavirus,” said Brian Morgenstern, deputy White House press secretary, in a press call Tuesday evening.

Today’s announcement from his [President Trump’s] administration means that people struggling to pay rent due to the coronavirus will not have to worry about being evicted and risk further spreading of or exposure to the disease due to economic hardship,” Morgenstern said.

Questions remain as to the feasibility of such a broad moratorium on evictions, said CNBC, “especially if there is no money behind the plan to compensate landlords for lost rent.”

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The concern is that barring landlords from evicting non-paying tenants without compensating could have a destabilizing effect, felt first in the commercial housing market, which could then ripple into the credit markets if both large and small-scale landlords default on mortgages.

He can extend the moratorium, and I hope that he does,” House Speaker Nancy Pelosi said on CNBC on Aug. 6. “But you can’t just extend the moratorium, you’ve got to have money.”

If they extend the moratorium, people won’t have to pay their rent just yet. It’ll get pushed further down the road, unless we get some money for them to compensate for what they have to get. And that’s not just for the renters, that’s for the landlords,” said Pelosi.

The video below is from a York, PA news outlet. While the number of protesters is modest, it reflects that even in a smaller city, this is an issue.

It is just one of a range of pandemic related political issues that will impact voters in the 2020 general election, which is just 9 weeks out.

 

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Black Lives Matter – the Nonprofit, Black Lives Matter – the Slogan, Black Man Dies – the Costly and Deadly Reality 

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Grapes of Wrath – Massive Foreclosure, Evictions Wave Looms, Threatens Housing, Usual Suspects-Gates, Buffett, Soros Lurk in Rigged System – Aspen Institute, COVID19 Eviction Project Plot

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Manufactured Housing Industry Investments Connected Closing Equities Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

                      • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
                      • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionRetailFinanceStockInvesting9.1.2020MHProNews

 

Summer 2020
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our tenth anniversary and is in year 11 of publishing.

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Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

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2019 Year-End Totals Reveals Decline in New HUD Code Manufactured Home Production, Shipments vs. 2018

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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

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By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.

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