Los Angeles: Homeless Disaster Getting Worse

I hope Catherine Austin Fitts investigates California’s spending on the homeless situation. Something is obviously very wrong.

Who is winding up with the billions of dollars?

Via: KTLA:

The number of homeless people counted across Los Angeles County jumped 12% over the past year to nearly 59,000, with more young and old residents and families on the streets, officials said Tuesday.
The majority of the homeless were found within the city of Los Angeles, which saw a 16% increase to 36,300, the Los Angeles Homeless Services Authority said in presenting January’s annual count to the county Board of Supervisors.
…
Three years ago, Los Angeles voters approved a tax hike and $1.2 billion housing bond to make a decade’s worth of massive investments to help solve the homeless crisis. That bond money has been committed to build more than half of the 10,000 new housing units planned countywide over the next decade, Lynn said.

Related: California: The Poverty Capital of the U.S.