Give American Families and Businesses A Break

Give American Families and Businesses A Break

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Eric Johnson started this petition to Representative Nancy Pelosi and

Most Americans are wondering what will happen related to rents and mortgages, and I want to say they are both completely related and should be addressed nationally, together. I have given some thought to how to handle this and have come to a simple solution. Provide a three-month suspension of all mortgage and rental payments in the country for both commercial and residential real property.

This would provide a significant break for all Americans, stimulate the economy, preserve local businesses and even corporations from failing, prevent homelessness, and the lending banks will get paid for all their loans, just three months later than they projected. No paybacks, no accrued interest, no catch up, just a three-month break for us all.

The benefit to those without a mortgage is the preservation of their equity, and to the financial institutions is not going through a massive failure and foreclosure process like we did staring in 2008. 

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!