Another sentence I thought I'd never write

More children homeless in America than ever before.

Worse still, this comes as absolutely predictable result of predatory banks creating a bubble in housing prices by violating all standards of underwriting mortgages.  Then when the inevitable bursts--as predicatable as Mafia bustouts of legitimate businesses--those with cash such as Goldman Sachs then buy up the housing stock and rent it out at higher rates.

This leaves working class families living in cars or crowded motel rooms and shelters.

My country tis of thee, sweet land of misery.

[The number of homeless students in the United States has hit a record high, according to new data from the Department of Education.

The raw numbers are shocking: in the 2011 school year, 1,168,354 homeless children were enrolled in preschools and K-12 programs. Even more disturbing is the trend those numbers show: nationally, they represent a 10 percent jump over the previous school year, and a stunning 72 percent increase since the beginning of the recession in 2008.

The crisis is not confined to any one region. Forty-three states reported a rise in the number of homeless kids, and 10 showed jumps of more than 20 percent, according to a compilation of the DOE data assembled by the National Center for Homeless Education [PDF]. The biggest jumps were found in Maine (58 percent), Michigan (42 percent), North Carolina (53 percent), North Dakota (212 percent), South Dakota (35 percent), Vermont (31 percent), and Wyoming (40 percent).

One of the toughest things about this issue is that many of these families are invisible

In terms of raw numbers, California, New York, Texas, and Florida were hardest hit.]
http://www.theatlanticcities.com/jobs-and-economy/2013/11/americas-homeless-kids-crisis/7450/

More Hispanic Children in Poverty

Let's just first rewrite the last sentence; banks bamboozled lower middle class families to believe in the American Dream of home ownership and swindled them into unsustainable Adjustable Rate Mortgages or other bad loans.

[Hispanics now make up the largest group of children living in poverty, the first time in U.S. history that poor white kids have been outnumbered by poor children of another race or ethnicity, according to a new study.

In a report released Wednesday, the Pew Hispanic Center said that 6.1 million Hispanic children are poor, compared with 5 million non-Hispanic white children and 4.4 million black children. Pew said Hispanic poverty numbers have soared because of the impact of the recession on the growing number of Latinos.

The rise in childhood poverty is another signal of distress for the nation’s 50.5 million Hispanics, who have been hit harder by the bleak economy than any other group. They have one of the highest unemployment rates and saw their household wealth decline more steeply than either blacks or whites, largely because so many lost their houses to foreclosure.] emphasis added
http://www.washingtonpost.com/local/hispanic-kids-the-largest-group-of-children-living-in-poverty/2011/09/28/gIQArfC54K_story.html?hpid=z3