During the early 1980s I worked for real estate management companies participating in the subsidized housing programs of the government. At some point during this time it became startling clear to me that without subsidized housing there would be no way that many of my clients could afford housing at all. It was only a few years later in the Reagan administration that I began to see and experience the slow strangulation of this government program.
Now, 30 years later and after an economic collapse, the US is beginning to look like a typical Latin American country with signs of extreme wealth most visible on TV and extreme poverty which is daily visible on the streets. The ruling One Percent try very hard to keep the latter hidden in out of the way places, but they are losing the battle. These developments suggest that unlike what happened in the 1930s, the fascist inclined forces of the nouveau riche are in control (see my commentary to the previous posted article below).
This article focuses on one area in the US where the extremes are becoming quite visible, and describes the lifestyle of those living in these homeless encampments.
That people live and die on the streets of Silicon Valley is no news to the poor, of course. With more than 6,500 tech companies in all, Santa Clara County is home to the biggest stars in the tech universe, including Google, Facebook, Yahoo, eBay and Apple. But the land of high-tech milk and honey is also a prime example of the widening divide between the nation’s haves and have-nots.