You are hereArchive - Mar 22, 2009
Archive - Mar 22, 2009
"Great Depression had Hoovervilles. 70's crisis snaking gas lines. Today's recession is about disappearing wealth"
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(Above) Steve looks out over tent city as storm clouds gather above the makeshift community. The Great Depression had Hoovervilles. The energy crisis of the 1970s had snaking gas lines. But today’s deep recession is largely about disappearing wealth -- painful, yes, but difficult to see.
A tattered encampment of 200 men and women along the American River is a vivid symbol of a financial crisis otherwise invisible to most Americans. Officials say they will shut it down within a month.
Reporting from Sacramento -- The capital's tent city sprawls messily on a grassed-over landfill beneath power lines, home to some 200 men and women with nowhere else to go. It has been here for more than a year, but in the last three weeks it has transformed into a vivid symbol of a financial crisis otherwise invisible to most Americans.
Then this tattered encampment along the American River began showing up on Oprah Winfrey, Al Jazeera and other news outlets around the world. On Thursday, city officials announced that they will shut it down within a month. "We're finding other places to go," said Steven Maviglio, a spokesman for Sacramento's mayor. The camp is "not safe. It's not humane. But we're not going in with a bulldozer." read more »
