BBC News: Tent cities spring up in LA

This past Sunday, I had a conversation with my father about the Bear Stearns debacle and its portent for the rest of the US/world economy in which I said, “Well, we aren’t seeing shanty towns yet, but…” Little did I know that there were shanty towns and that we simply were not seeing them.

I am (pridefully) the first to admit that I am not a regular viewer of the evening news, so there may have been a mention of this that escaped my attention. But I doubt it very seriously. I am a voracious consumer of news on the interwebs and have seen nary a mention of this until perusing BoingBoing today. Looks like BBC News just got added to my TiVo season passes. Join me in my outrage, won’t you? Can I get an amen from the congregation?