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Shanty Towns?
OMG - this is just wrong. These are Americans. Remember when that meant something? Yeah, BAIL OUT WALLSTREET you b*stards!
From The Daily Beast
Foreclosures and pink slips are driving Americans out of their homes and into tent cities like this one, reminiscent of the homeless encampments of the 1930s.
In the shadows of high-rise casinos, where gamblers blow millions of dollars in round-the-clock binges, a sprawling new neighborhood has sprung up in matter of weeks—a city of tents. Occupied mainly by people with homes in foreclosure, and people whose jobs have vanished leaving them with no savings, this tent city in downtown Reno is one of many makeshift homeless encampments that now dot the country. Nevada has one of the highest unemployment rates in the U.S., made worse by waves of new arrivals seeking work in the casinos (This week, a new Las Vegas casino received 25,000 job applications for its 1,000 available jobs.)
The photos in this gallery were taken on October 6, when the weather was still reasonably warm. This weekend, the nighttime temperature in Reno is expected to drop into the mid-thirties. more
The scary part is that most of us are two paychecks away from this.
That's why it is more important than ever to have a emergency funds. We as a nation do not save enough to cover the expected let alone unexpected. We have always lived based on one income so if something were to happen one person could make the mortgage and car payment if needed. Thankfully that has not occurred.
I fear it will only get worse as company after company is announcing layoffs. My prayers go out to these people.