America's new subprime shanty-towns
Sort by Boing Boing (Free subscription) - 03/18/2008 - YouTube
Tent cities spring up in LA
Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.
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America's new subprime shanty-towns
Sort by Boing Boing (Free subscription) - 03/18/2008
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...
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Late Nite: Compassionate California Conservatism
Sort by Firedoglake (Free subscription) - 03/21/2008
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....
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Towleroad Guide to the Tube #261
Sort by Towleroad (Free subscription) - 03/19/2008
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
Sort by naked capitalism (Free subscription) - 03/17/2008
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...
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Subprime shanty towns
Sort by Sadly, No! (Free subscription) - 03/18/2008
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.
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Shantytown USA
Sort by Shakespeare's Sister (Free subscription) - 03/18/2008
Via PSA . What is there to say, really?
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Mortgage Crisis Creating Tent Cities Outside Of LA?
Sort by Say Anything (Free subscription) - 03/19/2008
That's what the BBC is reporting:
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US Shanty Towns
Sort by PSFK (Free subscription) - 03/18/2008
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 [...]
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Shantytown USA
Sort by Canadian Cynic (Free subscription) - 03/18/2008
George W. Bush, here's your legacy on the homeland front. Hat tip to BoingBoing
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BBC does story on L.A. Sub-Prime Shanty Towns.
Sort by Metroblogging Los Angeles (Free subscription) - 03/18/2008
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 [...]
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Bushvilles? Greenspanvilles?
Sort by The Mess That Greenspan Made (Free subscription) - 03/18/2008
Reports of tent cities in Southern California due to foreclosures have been circulating for some time now, but this one from the BBC looks like the real deal. You've got to hand it to anyone who can be optimistic under those circumstances. The first lady interviewed says, "Once I do get a job full time, instead of just one day a week, I'll be able to save my money, get a car, to make it easier to go...
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Bushtowns
Sort by Cynical-C Blog (Free subscription) - 03/18/2008
Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.
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A new...
Sort by The Galloping Beaver (Free subscription) - 03/20/2008
...class of homeless emerges. How far does this go?
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Former Homeowners Homeless
Sort by Pushing Rope (Free subscription) - 03/19/2008
Perhaps President Bush can explain to these former homeowners why the housing market is so bad.
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Squatter camps are springing up outside cities...in the US
Sort by Cherryflava (Free subscription) - 03/19/2008
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...