"Imagine if you had never been homeless before and you'd just lost your job and you lost your home. What would you do? Would you immediately go begging or knocking on a door? No, you would downsize, move into cheaper accommodations, if that did not work you'd move in with friends or relatives and then you'd move into a cheap motel and then ... where would you want to go before winding up at a shelter door? You would much prefer to live at a park with your family and your dog." ... "In just about every major city, there are tent cities. Unfortunately, we're in a growth industry and the numbers are going to continue."
-- Michael Stoop, a community organizer for the National Coalition for the Homeless
, explaining that the surge
in American tent city shantytowns, first highlighted on MeFi in 2008/09: 1
, has not slowed. The Great Recession: Life in Tent City, Lakewood NJ
/ Photo Gallery
. [more inside]
posted by zarq
on Nov 10, 2011 -
BBC News asks independent trader Alessio Rastani "what would keep investors happy, make them feel more confident?
" and gets a surprisingly honest answer: "Personally, it doesn't matter. See, I'm a trader. I don't really care about that kind of stuff. If I see an opportunity to make money, I go with that. So, for most traders, we don't really care that much about how they're going to fix the economy, about how they're going to fix the whole situation; our job is to make money from it. And, personally, I've been dreaming of this moment for three years. I have a confession which is I go to bed every night and dream of another recession, I dream of another moment like this." [SLYT]
posted by finite
on Sep 26, 2011 -
It sounds like a George Lopez joke. “Times are so bad that I saw an Anglo day laborer standing outside Home Depot the other day.” Except it’s true.
posted by Joe Beese
on Nov 11, 2009 -
They are known as “quants” because they do quantitative finance. Seduced by a vision of mathematical elegance underlying some of the messiest of human activities, they apply skills they once hoped to use to untangle string theory or the nervous system to making money.
"They Tried to Outsmart Wall Street
." [spoiler inside] [more inside]
posted by dersins
on Mar 10, 2009 -
-- thoroughly cataloging each day's depressing layoff news, from the very small
companies to the very large
, and updated several times a day. (But there's also a small section of the site devoted to news of companies and government org's that are hiring.)
posted by Asparagirl
on Feb 2, 2009 -