BBC Report Sheds Light On Bush 'Hoovervilles'

"What if there was a depression and nobody told?" That's the question raised by the blogger at The Subliterate Cinephile, responding to a searing BBC report on the "subprime shantytowns" that have sprung up in Los Angeles. Reminiscent of the "Hoovervilles" that sprung up across the United States, these images - called "grim" by the BBC reporter - make all the talk of whether or not we may be heading into a recession seem awfully hollow. And the essential question, raised by Boing Boing's Cory Doctorow, is why we have "found out about this from the BBC and not US media."