Mike the Usurper wrote:

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...

When the BBC is showing us the new Hoovervilles but our own media isn't.

This video has been making the rounds in a lot of other circles and there has been a lot of criticism of it, as well as the conclusion that the U.S. media is ignoring some sort of hooverville development. Basically, the idea that there are homeless people in LA is certainly nothing new, that tent city has nothing to do with the mortgage crisis, and it was reported on previously by the LA Times. Read here.

RE: America's new subprime shanty-towns - Boing Boing