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Top Videos

11Vote!

America's new subprime shanty-towns

Tent cities spring up in LA

Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.


1Vote!

America's new subprime shanty-towns

In this chilling BBC clip, a newsteam ventures to one of LA's new shantytowns made up of people who've lost their homes in the subprime meltdown and now live in tents, improvised shacks or RVs on abandoned land. It's the contemporary Hooverville, and, as the Subliterate Cinephile notes, I wonder why I found out about this from the BBC and not US media. Link (via The Subliterate Cinephile...

+Vote!

Late Nite: Compassionate California Conservatism

What a depressing juxtaposition this is. I got these two items via e-mail literally minutes apart. The first is the video at the top of this post: a BBC report about a "Dubyaville" shantytown in Los Angeles full of people who lost their homes in the mortgage meltdown. Meanwhile, at the same time, all the Republicans in the California state assembly are working to keep yacht and private jet sales tax-free....

+Vote!

Shantytown USA

Via PSA . What is there to say, really?

+Vote!

US Shanty Towns

The BBC has a report on the shanty towns that are appearing outside Los Angeles because of the fall out in the credit market. One guy they interview says: “I lost my home, settled my bills, sold it for nothing compared to what I bought it for and now I’m homeless.” It's got that painful look-what-the-world-is coming-to [...]

+Vote!

Towleroad Guide to the Tube #261

5 YEARS IN IRAQ: Rep. Robert Wexler (D-FL) has a message on the anniversary . LOCKSTEP: Bush and McCain on Iraq . UNION STATION FREEZE-IN: Code Pink protestors borrowed the Improv Everywhere Grand Central Station 'freeze' concept and staged a protest in Washington DC's Union Station - five minutes for five years . SHANTYTOWN: BBC covers the tent cities which have sprung up outside of...

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Links 3/17/08

Bleak picture of Iraq conditions BBC Should the Fed Save Wall Street Firms? Economics Blog, Wall Street Journal Bad News for Bear Shareholders is Good News for the Markets Felix Salmon Big Apple Softening Michael Panzner Fuld's `Never Again' Mantra Makes Lehman Hard to Beat Bloomberg. The Journal was also talking up the "Lehman is not Bear" line. Hope it works. Mankiw vs the Muggles Econospeak Tent...

+Vote!

Mortgage Crisis Creating Tent Cities Outside Of LA?

That's what the BBC is reporting:

+Vote!

Subprime shanty towns

But remember, the most important issue of this election is whether Barrack Obama condemns his pastor vigorously enough. Otherwise, white people might get scared and will be forced to vote for another crazy, incompetent white guy who will make things even worse.

+Vote!

Bushtowns

Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.

+Vote!

BBC does story on L.A. Sub-Prime Shanty Towns.

The BBC recently ran a story about tent villages popping up in our back yard, modern day Hoovervilles. The big question is why is this news in England and not here? Have I just missed all the coverage on it? If so, I am not alone. A commenter on the Subliterate Cinephile blog that ran a [...]

+Vote!

It's The Economy, Stupid

I'm haunted by this video from BBC News, and the fact that I haven't seen this report in U.S. news media. The Morning Journal sums it up: "Hillary Clinton and Barack Obama are jumping all over President Bush's handling of the economy but not offering any concrete solutions of their own; don't hold your breath waiting. Republican John McCain has given an general thumbs-up to the Bush Administration's...

+Vote!

Shantytown USA

George W. Bush, here's your legacy on the homeland front. Hat tip to BoingBoing

+Vote!

Squatter camps are springing up outside cities...in the US

It seems like every month now, the US Federal Reserve cuts the American interest rate, while at the same time our guy hikes ours upwards. How does all this economics jibba jabba affect you if you're not directly invested in...

+Vote!

For Some, The Depression Is Already Here

Interesting BBC clip about tent cities outside of LA, which, at least according to the report, are inhabited by erstwhile subprime borrowers. But I'm still not quite sure about the scope or the whole backstory (via peHub):

+Vote!

Bush's subprime USA

The BBC reports.