recession

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Here's a video from the BBC on a new tent city that has sprung up in Los Angeles. The people interviewed are all former home owners, who lost their homes in the sub-prime mortgage meltdown.

It reminds me of the fruit picker tent cities outside of LA during the 1930s.

I often say and hear said that real pressure for change won't happen while the middle class is so comfortable. That real change isn't possible until more people are negatively effected directly by the evils of the capitalist economy. Is that finally happening, at least in the States?  read more »