Economic Dirty Bomb Explodes in Sacramento

[jimbobubbadj]

Palend,
I know the news is depressing and you would rather not think about it. Trying to wish the homeless situation away is not going to work. They are out and in big numbers. They may not be visible anymore in these camps due to the police breaking them up but they are out there. There are simple just too many reports of them being out there.

[DNVRLIZ]

This might sound like tin foil but there are actually people trying to find out where all the new homeless are going.  They seem to be disappearing.  One scenario is that they are being picked up in big trucks and taken away somewhere...FEMA camps maybe Who knows.
The way things are going these days I wouldn't put anything past TPTB.

[booklvr777]

I think that a lot of folks are moving in with friends and relatives.  I used to live in SoCal and have a dear friend who's still there.  Her sister, sister's husband, their grown son, daugther-in-law and 3 children all live with their mother in their mother's tiny 3-bedroom house.  The sister's work hours have been cut in half.  Her husband can't find a job after being laid off about a year ago.  The son is in the same situation.  The d-i-l is working 2 part-time, crap jobs.  The mother is 85 and in poor health.  My friend is actually renting her sister's house because the sister can't afford the mortgage.  She says things are bad, bad, bad. 
I agree with those who have said that we have to start thinking tribally again; families moving in together; I know it doesn't work for everyone but it is the only thing a lot of people can do right now and you can make it work if you really want it to, most of the time, at least, and it's certainly better than being homeless!  Especially if you have children--you have to do whatever you can do to keep a roof over their heads and food in their stomachs.

[LuaHasFreedom]

I agree - many of the newly homeless are moving in with family or friends. There's a couple I know that have both their adult children, both unemployed and looking, living with them. The husband was laid off two months ago, so now the only source of income is the wife, who has Multiple Sclerosis. I have friends in another state who will soon be moving in with her 84 year old mother since their house is scheduled to go on the auction block next week.  I have a two room house. If things happen the way they could in the next few months here, I could very well have one of my children with spouse and kids living in one of the rooms while we're in the other. She has a cabin up here, but my son, his wife and their five children are in it while he's rebuilding a house (totally fireproof this time.) Those of you who recall my son's house fire last spring might remember that they had four children - well - they recently acquired my DIL's nephew, 5 years old and now permanently with them. They're staying in my daughter's cabin which is 450 sf with a loft. Anyway, tshtf for my daughter this semester when the University cut their financial aid to less than half. They are hanging on through this final semester for my SIL's degree, but no one has a clue what will happen after he graduates. You know that old story - it's time to get a job? Uh huh. If push comes to shove and they have no place to live, they will stay with us until son and family move into their new house, assuming of course that money continues to have enough value for them to finish building.

[guitarbuddy]

Certainly many will end up with family or friends, but what are we up to since the crash started, 7 millions foreclosures?

One of my sons is moving his family into his brother's house due to financial issues.  They are finishing off a basement.  So that is $1,050 in rent that is not going to be paid somewhere anymore.

This is one area where the more recent immigrant cultures will have a big advantage over mainstream white America. In the majority Hispanic area where I live it's very common for adults to be living in their childhood homes with their parents or grandparents. It's apparently no big deal, whereas "we" think of this as immature or a failing of some kind.

[Candace66]

This might sound like tin foil but there are actually people trying to find out where all the new homeless are going.  They seem to be disappearing.  One scenario is that they are being picked up in big trucks and taken away somewhere...FEMA camps maybe Who knows.

So tens or hundreds of thousands of people are disappearing and none of their coworkers, friends, relatives, etc. have noticed or started asking questions? 

[GardenerGirl]

Roughly 2 hours South of Sacramento here.  I don't have official numbers for you, all I can say is that the numbers of homeless definitely seem higher here.  There are two parks right near the city library.  They are both always full of the homeless now.  We used to see one or two, now there are at least 10-12 in each.  I don't know how our community is going to accomodate this many homeless when Winter hits.  

[Bruce]

 To me it is preposterous that given our unemployment situation is quickly approaching the great depression levels some still think we are seeing no more homeless than usual. Of course the tent cities are getting bigger and new ones are being made. How could it not be. Yes, some are fortunante enough to have families they can get to. Some have very few family members or none that is willing or able to help. Wish there was a way to know how many nationwide has had to resort to moving in friends, family or tent cities. We have all the ingredients to FAR surpass the misery of the last depression. Let's hope this round doesn't end up being another chapter of despair in our history...........................Bruce

[Five8Charlie]

I agree - many of the newly homeless are moving in with family or friends. There's a couple I know that have both their adult children, both unemployed and looking, living with them. The husband was laid off two months ago, so now the only source of income is the wife, who has Multiple Sclerosis. I have friends in another state who will soon be moving in with her 84 year old mother since their house is scheduled to go on the auction block next week.  I have a two room house. If things happen the way they could in the next few months here, I could very well have one of my children with spouse and kids living in one of the rooms while we're in the other. She has a cabin up here, but my son, his wife and their five children are in it while he's rebuilding a house (totally fireproof this time.) Those of you who recall my son's house fire last spring might remember that they had four children - well - they recently acquired my DIL's nephew, 5 years old and now permanently with them. They're staying in my daughter's cabin which is 450 sf with a loft. Anyway, tshtf for my daughter this semester when the University cut their financial aid to less than half. They are hanging on through this final semester for my SIL's degree, but no one has a clue what will happen after he graduates. You know that old story - it's time to get a job? Uh huh. If push comes to shove and they have no place to live, they will stay with us until son and family move into their new house, assuming of course that money continues to have enough value for them to finish building.

This is the real marker of collapse: a day-to-day grinding down of what we all used to take for granted. Opportunities and options just fade away.

My brother will be laid off in November; his wife has a serious medical condition.  He's 50, without a college degree. I can't imagine he and his family have any chance of returning to the life they had a few years ago.

[LuaHasFreedom]

Welcome to Latoc, Five8Charlie

[roccman]

I agree - many of the newly homeless are moving in with family or friends. There's a couple I know that have both their adult children, both unemployed and looking, living with them. The husband was laid off two months ago, so now the only source of income is the wife, who has Multiple Sclerosis. I have friends in another state who will soon be moving in with her 84 year old mother since their house is scheduled to go on the auction block next week.  I have a two room house. If things happen the way they could in the next few months here, I could very well have one of my children with spouse and kids living in one of the rooms while we're in the other. She has a cabin up here, but my son, his wife and their five children are in it while he's rebuilding a house (totally fireproof this time.) Those of you who recall my son's house fire last spring might remember that they had four children - well - they recently acquired my DIL's nephew, 5 years old and now permanently with them. They're staying in my daughter's cabin which is 450 sf with a loft. Anyway, tshtf for my daughter this semester when the University cut their financial aid to less than half. They are hanging on through this final semester for my SIL's degree, but no one has a clue what will happen after he graduates. You know that old story - it's time to get a job? Uh huh. If push comes to shove and they have no place to live, they will stay with us until son and family move into their new house, assuming of course that money continues to have enough value for them to finish building.

More people moving in together - less electricity demand - say bye bye to the green new deal two...green collar jobs...green anything - we will burn every ton of coal and use every bit of ancient infrastructure - before lights go out for-ev-er.

I work in the solar field - had a large california utility in our offices yesterday - asked one of them how demand was - he said "down big".

Got an email from a large colorado utility two weeks ago - gal said she could not make it out to AZ because revenues are down big (her word) and all travel has been culled back severely.

[Hope@ZeroKelvin]

With food stamps, unemployment benefits, housing benefits, etc, I doubt we will see the vast numbers of homeless that was seen in the Great Depression.  The gov learned that it is really untidy and bad for their health to have all these Americans living under bridges and so visible.

My guess is that these benefits will continue as long as possible to keep the true level of this disaster off the radar.

It is kind of a "shelter in place" for the economic tsunami.  No one wants to see another Katrina. 

[DNVRLIZ]

Apparently the people that are missing are homeless, there are millions of people in the country that no one cares about and people that have no real family, or people that have no family that cares I should say.

[illingsk]

I am suspecting that many of those forclosed on are staying in their forclosed homes as the banks are tardy in completing the forclosure process. This makes some sense as a completed forcosure adds a property to their already bulging non-performing assets portfolio.This is actually an opportunity for the home owner to live principal and interest free for a while and save their money as long as they pay the taxes. I've heard that some of them are living in their forclosed homes for one, two and even three years. And if the bank does catch up, many times they can't prove that they own the mortgage due to the securitization of the debt and the home owner gets to live there indefinately.

[illingsk]

>This is just more bullshit to rile up the plebes.

Granted you may find that the authors evidence is either circumstantial, or it's the proverbial snowball rolling down hill scenario. That you will find out soon enough.

However, do you perhaps suspect at least that classifying everyone concerned with the financial crisis into the plebe category so they can more convieniently be dismissed is unwise? After all, the unconstitutional bailouts are a fact. Rising bonuses for the elitists are a fact. Rising budget deficits at all legvels of government are a fact. Rising foreclosures are a fact. The falling dollar is a fact. Talk of replacing the dollar as the world reserve curency is a fact. The collapsing job market is a fact. Rising prices are a fact. Falling grain production worldwide is a fact. Taken collectively, are these not valid reasons to start getting a bit riled without being labeled?