According to BBC News, tent cities are popping up in the US as the economy gets worse and more are displaced by the mortgage crisis.
For more on this:
Tent cities popping up all over America
America’s new subprime shanty-towns
Housing crisis at historic level
Are the proposals for a government rescue plan a fix for the economy or will they drive us further into a recession. Sarah Wartell, with the Center for American Progress, and Mike Flynn, director of government affairs with Reason Foundation, debate on whether the mortgage bailout makes sense or not. Is the government actually getting it right this time? Or is this debate irrelevant because it is an election year and the government will have to do something anyway?
Why bail out homeowners facing foreclosure?
The big risk in the foreclosure fix
How to handle the mortgage crisis
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